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Interview with TrustDice CEO

Interview with TrustDice CEO

TrustDice is one of the few casinos to operate at the bleeding edge of cryptocurrency gambling. We were very excited to learn from their CEO exactly what they see as the way forward for not only TrustDice, but cryptocurrency gambling as a whole. Take a look at what they had to say.

TBS: TrustDice does an excellent job of appealing to traditional casino players – are you seeing players buying crypto to play at your casino or are the majority crypto native?

TrustDice: Yes, our platform has recently added a fiat on-ramp, allowing users to deposit with their local currency while playing with cryptocurrency. Players who have not been exposed to cryptocurrency can also easily use a credit/debit card to complete the deposit. The current situation is good: more and more new players use fiat currency to deposit cryptocurrency.

TBS: Provable fairness is a favorite among crypto players, do you have plans to expand your selection of provably fair games? What games do you have in mind?

TrustDice: Yes, we have several exciting provably fair game projects that are under development. We believe they’ll attract more players to the platform.

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TBS: TrustDice is one of the few crypto casinos that allow their players to receive dividends by locking the casino’s token, TXT, do you have any plans to expand the role of the TXT token?

TrustDice: Definitely, the TXT token economy plays a vital role on TrustDice platform. The current market cap of TXT is less than 1 million USD, and our goal is 10 million USD, which means we hope the price of the TXT token grows 10x. We believe this goal can be accomplished in the next 2 years. We’re also discussing internally how we reward our affiliate partners with TXT tokens. In this way, they’ll also benefit from the growth of TXT token price.

TBS: The addition of USDT is a major win for players looking to bet with stable cryptocurrencies, do you have plans to introduce others like USDC or DAI? Has USDT been well received?

TrustDice: Yes, we see that more and more players are using USDT, especially when the price of BTC is volatile. There’re also several stablecoin projects reaching us and asking us to add them on TrustDice. So, we may see more stable-coins on TrustDice in the following months.

TBS: With TrustDice appealing to both crypto and traditional casino players, what differences do you see between these two different communities?

TrustDice: Crypto players usually prefer to play provably fair games like Dice and Crash, while traditional players prefer to play slots/live games.

Another point is that crypto players account for the future value of the TXT token, while traditional players may underestimate its value as they need more time to learn the concepts of the token economy.

TBS: What exciting developments do players have in store at TrustDice in the coming months?

TrustDice: The biggest project is sports betting, we’ll this ready in the next half of 2020. Also, we’ll release more innovative in-house games, which will bring more fun to our players.

TBS: Thank you for taking the time to chat with us!

Published by Jen Van Lier

Jen Van Lier

About the author

As website manager, Jen contributes reviews and updates to The Bitcoin Strip on a daily basis. Jen worked in the casino industry for 9 years before focusing on Bitcoin in 2016. She writes on subjects ranging from traditional slots all the way through to unique Bitcoin games, provable fairness and Ethereum smart contract gambling.

Last updated by Nick Hawke on June 19, 2020

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About the editor

Nick is the CEO and founder of The Bitcoin Strip and has reviewed and written about Bitcoin casinos, sportsbooks and poker rooms for 9 years. He first entered the Bitcoin gambling market in 2011 following a widespread closure of poker rooms in the US.

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