True Flip Enters The Slot Market With Chain’s Code

True Flip, the blockchain fair games operator, has developed and launched its first slot game
05 April 2018   3486

Lotteries give a chance to dramatically change one’s life for the better. This chance has always drawn the attention of millions of people around the world for the past 500 years, giving them hope to improve their financial condition. True Flip’s goal is to become the most popular and transparent international blockchain platform of fair games that offers the biggest Jackpots and prize funds in the world.

True Flip, the blockchain fair games operator, has developed and launched its first slot game!

Chain’s Code is available now at cc.trueflip.io with bets starting at 0.000020 BTC and up to 5 BTC as the Superprize. Chain’s Code features a single-line slot machine with a centralized play button for speed, ease of use and substantial replayability. Draws take place every 10-15 seconds, making Chain’s Code the fastest game from True Flip so far.

With their fast and captivating gameplay, so-called 'slot games’ are among the most widely-adopted iGaming products across the globe. Our decision to develop a slot machine game follows our long-term strategy of acquiring additional markets through the reinterpretation of admired, classic games. We expect Chain’s Code to become the strongest competitor to similar top-tier products and to bring new players to Trueflip.io.
 

Konstantin Katsev

CMO, True Flip

Based on a provably fair blockchain solution, Chain’s Code has a built-in multiplier which exponentially increases the possible win. Six major cryptocurrencies are accepted. All payouts are in Bitcoin.

True Flip started as a popular single game with daily draws and a huge jackpot. Based on our comprehensive analyses, we’ve been developing new games to provide a different experience to our players. Chain’s Code is perfect both in terms of appearance and gameplay: it’s smart and simple, but endearingly cute. This product meets the highest standards our users and partners could ever imagine.
 

Nikita Parkhomenko

COO, True Flip

About True Flip

True Flip is a blockchain fair games platform, drawing from the advantages of distributed ledger technology. These include overall transparency of processes such as random number generation, ticket purchases, prize distribution, and our innovative approach to the financial aspects of iGaming.

True Flip has released three games, with more in development, and has presently attracted more than 170,000 registered players. As a result of its successful crowdsale in July 2017, the current Jackpot is a massive 400 BTC which keeps growing with every ticket sold. The platform offers self-developed customer products available on trueflip.io and a range of B2B solutions for iGaming operators, affiliates and integrators.

More Information

SEC to Accuse Veritaseum ICO of Fraud

SEC believes that project's tokensale, thru which it raised $14.8M back in 2017-2018 had a signs of scam and company misled the investors
14 August 2019   1956

The U.S. Securities and Exchange Commission (SEC) has sued New Yorker  and Veritaseum-related companies that have been caught by the agency in conducting an unregistered ICO with signs of fraud. It is reported by Cointelegraph.

According to documents published on the network, the SEC intends to hold Reggie Middleton accountable and immediately freeze the assets of Veritaseum Inc. and Veritaseum LLC.

The Commission claims that the defendants raised about $ 14.8 million through an initial coin offering (ICO) in 2017 - early 2018. At the same time, many investors were misled, as the company distorted information about the conditions of the token sale and deliberately hid some significant details.

The American regulator claims that the project still has about $ 8 million of illegally raised funds. According to the SEC, these assets must be frozen immediately.

Amid this news, the Veritaseum (VERI) rate has fallen by 70%. Now the coin is trading near the $ 5 mark, although at the beginning of 2018 its rate was approaching $ 500.

Veritaseum was created as a financial p2p platform, involving the movement of capital without traditional intermediaries. Also, VERI was positioned as a utility token for use in consulting services and access to various research works.

In 2017, Veritaseum blockchain startup fell victim to hackers, having lost $ 8.4 million from ICO investors.