A new blockchain-based igaming platform has launched Native Gaming’s courtesy with plans to create a land-based casino and resort on a Caribbean private island.
Combining casino, live, sports and sports betting with a complete financial environment and gamification functionality, a future land-based company will be incorporated with the online platform to provide a total gaming experience to consumers.
The product itself, available through nativegaming.io, combines predominantly proprietary systems with BetConstruct platform to provide players with more than 5,000 igaming titles and real-time betting lines on more than 40,000 sporting events per month.
Native Gaming’s financial ecosystem is lauded as “the first-of-its-kind,” leveraging gaming business models with stakeholders, also known as’ Natives,’ earning passive revenue from gross gaming revenue.
Justin McCool, Native Gaming chief executive officer, explained on the product and launch: “Native Gaming was designed to be more than just another online casino. Whether you’re staying at the private island resort, gambling in the casino, or investing in the bankroll, the Native Gaming platform quickly sets itself apart.
“We believe that by decentralising the ownership in the casino and thereby transferring the gross revenue directly to our community, we can begin to reshape the passive income investment landscape.”
Adding: “A token that is generating passive income from gross gaming revenue has the potential to be far more lucrative than other popular passive income investments like rental properties, dividend stocks and masternode coins.
“Our platform leverages the security and transparency of blockchain technology to provide an equal opportunity to everyone. The value proposition is the same whether you’re a struggling student staking $10 or a billionaire staking $10m.”