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   278

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.

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Tezos Co-Founder penaltied by Wall Street Regulator

Tezos co-founder Arthur Breitman is punished with a fine and a trading veto for two years by The Financial Industry Regulatory Authority (FINRA)
20 April 2018   117

The Wall Street regulatory institution has come to a adjudgement with Breitman after he was indicted of producing false statements about his side venture (Tezos) while he was actually employed at Morgan Stanley. All registered FINRA securities specialists are demanded to report any for-profit activity outside of their stated employment if there is “reasonable expectation of compensation.”

The regulatory activity started from a Reuters article published in October that discovered Breitman, who is filed with FINRA as a French citizen, never disclosed hise work for Tezos while still employed at Morgan Stanley within the years of 2014-2015.

Together with the other proofs published in Reuters` article is a business plan written in 2015 that lists Brietmen as chief executive and makes projections on the potential for the company to be worth as much as 20 billion dollars over 15 years.  They also cited two papers Breitman penned under the pseudonym L.M. Goodman about Tezos, showing that he purposely hid his connection with the firm.

FINRA enclosed that “Breitman did not notify Morgan Stanley at any time that he was engaging in these outside business activities.” The adjudgement conditions of April 18 are that Breitman shun any broker-deals for 2 years and pay a $20,000 fine. Breitman neither accept nor disclaim the indictments.

The settlement with FINRA is unrelated to and has no impact on the launch of the Tezos network. Arthur cooperated fully with FINRA at all times and Arthur is pleased to put this personal matter behind him.
Sarah Lightdale, lawyer of Arthur Breitman

Last July the Tezos foundation increased for $232 million from their initial coin offering to found the blockchain network for smart contracts but still haven’t delivered any of the cryptocurrency to supporters because of infighting and legal problems in and outside of the boardroom.