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   4280

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

Neo Foundation to Withdraw $11M From Cold Wallet

These funds will be used to finance its operations in currrent reporting year and $190M are stiill in the vault
26 March 2020   892

On March 25, the Neo Foundation announced the withdrawal of 1,660,865 NEO ($ 11 million) from the cold wallet to finance its activities in the current reporting year. About $ 190 million are still in reserves.

According to rules established in the Neo White Paper, the NEO tokens maintained by the Neo Foundation are mainly used to continuously support Neo's technological development, ecosystem growth, community expansion and the normal operations of the foundation and related organizations. 

 

Neo Foundation

According to the publication, 1,660,865 NEOs were transferred “from a blocked account to a current account”. As the information on the blockchain shows, these funds were directed to an address containing 14.6 million NEO or about $ 100 million. The project does not disclose who controls this address and what fate awaits the released tokens.

White paper Neo suggests that project costs in any given year should not exceed 15 million tokens. In the near future, a financial report for 2019 will be published.

At the time of publication, NEO is the 23rd largest asset on the market with a capitalization of $ 479 million. The price of one NEO is $ 6.79.