Draft:Metawin
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MetaWin
About the Company:
MetaWin is a prize-winning crypto platform. Through the use of blockchain technology, they promise fairness and transparency in every contest. Renowned for its substantial prizes and innovative approach, MetaWin aims to reshape the landscape of online gaming.
<ref>...Kane Pepi Editor of Technopedia stated: There are three core divisions on the MetaWin platform. First, there are MetaWin competitions. These are similar to online lotteries but with a core difference – results are determined by smart contract technology. In other words, competition outcomes are guaranteed for their randomness and fairness. Best of all, many MetaWin competitions are free to enter. But to increase the chances of winning, players can purchase additional tickets. <ref>...
Transparency
In early 2024, MetaWin introduced a new initiative aimed at enhancing transparency and fairness. Recognizing inconsistencies in Return to Player (RTP) rates among different operators, they implemented measures to ensure high RTP levels across their platform. This includes a maximum win guarantee for all games, providing players with enhanced odds and a satisfying gaming experience.
Rebecca Hanwell, Operations Manager at MetaWin, emphasized the company's commitment to transparency and player satisfaction, stating, "At MetaWin, our top priorities are transparency and player satisfaction. Our commitment to maximizing RTP is a pledge to provide our users with the best gaming experience possible."
MetaWin also addresses the lack of clarity regarding game versions offered by operators by providing easy access to RTP information for all games on its platform. This transparency empowers players to make informed decisions and ensures a fair gaming environment.
Fair Competitions
In late 2023, MetaWin launched the competition MetaWin Millionaire. Participants had the chance to win $1 million in cryptocurrency. Hosted entirely on-chain to provide transparency and fairness through its use of blockchain technology. The competition was open to all, with free entry requiring only a nominal Ethereum gas fee to register.
To ensure impartiality, MetaWin utilized Chainlink's on-chain random number generator to select the winner, further demonstrating its commitment to fairness. The lucky winner received $1 million in cryptocurrency instantly transferred to their wallet from the smart contract.
Experts highlight the following pros and cons of this online gaming platform.
Pros and Cons Pros: • Distinguished as one of the premier Ethereum casinos in 2024. • Anonymity for players with no obligatory account prerequisites. • Immediate payouts and extensive game category support. • Ethereum-backed lottery-style competitions ensure transparency and fairness.
Cons: • A relatively recent entrant into the crypto casino realm. • Solely accommodates transactions in Ethereum.
Regulation and Licensing • MetaWin functions as a blockchain-based casino, operating outside the purview of traditional regulation. • Game legitimacy is fortified by partnerships with esteemed providers like Pragmatic Play, a UK Gambling Commission-regulated entity, underscoring the commitment to fair and random gaming outcomes.
Security • Personal information and contact details are exempt during registration. • Elimination of requirements for government-issued IDs or proof of address. • Financial data bypasses direct entry into the MetaWin platform, with wallets linked through encrypted connections. • Blockchain-based transactions serve as transparent proof of deposits and withdrawals.
Fairness • MetaWin competitions, fortified by smart contracts, ensure unwavering fairness and randomness. • Instant-win casino games, emanating from third-party developers like Pragmatic Play, adhere to regulatory standards for fairness.
References[edit]
That is what was written by trustworthy top media:
https://decrypt.co/222899/metawin-raises-the-bar-for-transparency-in-online-gaming