Funtech Games, a pioneering player in the gaming industry, has been awarded a prestigious prize from Revenue Capital, recognizing their groundbreaking innovations in the field.
This esteemed accolade was presented to Funtech following an intense Pitch competition held at the AIBC-SiGMA Americas event in Sao Paulo.
The recognition from Revenue Capital holds immense significance for Funtech, as it not only introduces them to the esteemed Revenue community but also opens doors to potential collaborations and synergies in the future.
One of the key advantages Funtech acquires through this recognition is access to a diverse pool of investors and funding options. This provides Funtech with the necessary resources to fuel their expansion and bring their gaming innovations to a wider audience. Additionally, this potential collaboration grants Funtech entry into the expansive Revenue Partners Ecosystem.
Funtech’s award from Revenue Capital is well-deserved, given their groundbreaking contributions to decentralized gambling. Their platform, CoinGames.fun, has revolutionized the gaming experience by leveraging decentralization and blockchain technology, resulting in numerous advantages for players.
By allowing players to engage in games directly from their non-custodial wallets, Funtech’s platform offers instant gameplay without any delays or waiting periods. The traditional process of depositing funds into a centralized platform is eliminated, providing a seamless and efficient gaming experience.
In addition, Funtech’s decentralized gambling platform – as CEO Enrico Giancanterina says – eliminates the need for lengthy registration forms. Players can simply connect their wallets and start playing immediately, saving time and eliminating unnecessary steps. This streamlined process enhances player retention rates as it simplifies the gaming experience, encouraging users to return frequently and build a loyal user base.
Playing directly from non-custodial wallets also enhances the user value provided by Funtech’s platform. It empowers players with a sense of control and ownership over their funds, ensuring transparency and security throughout the gaming process. This added value strengthens the trust between Funtech and its users, fostering long-term relationships.
Furthermore, Funtech’s decentralized gambling platform significantly reduces user acquisition costs compared to traditional centralized platforms. By removing the need for extensive marketing campaigns and incentivizing users to adopt the platform, Funtech achieves cost savings while attracting a dedicated user base.
The utilization of blockchain technology underpins Funtech’s platform, ensuring transparency and trustlessness. All transactions and game outcomes are recorded on the blockchain, making them immutable and verifiable. The execution of game logic through smart contracts eliminates the need for intermediaries, minimizing the risk of manipulation and providing a fair and trustworthy gambling experience.
In conclusion, Funtech Games’ recognition by Revenue Capital is a testament to their pioneering efforts in the gaming industry. Their decentralized gambling platform, CoinGames.fun, offers numerous advantages such as instant gameplay, simplified registration processes, increased retention rates, enhanced user value, reduced user acquisition costs, and transparency. These innovations have positioned Funtech as a frontrunner in the gaming industry, deserving of the prestigious award from Revenue Capital.
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Revenue Community COO