Native Gaming has launched a new site that combines casino, live casino, sports betting, esports, and idle games, with a complete financial ecosystem that has gamification aspects.
This is not something has been done to date in the iGaming space. The company has also revealed plans to develop a land-based casino and resort on a private island in the Caribbean. This would then be connected with the online offering to cover all bases in terms of gambling experiences.
also revealed plans to develop a land-based casino and resort on a private island in the Caribbean
The financial ecosystem that has been put in place by Native Gaming utilizes a smart-society of stakeholders (“Natives”) that generate passive income from gross gaming revenue.
Ability to generate passive income
Native Gaming CEO Justin McCool said there is a lot more in the works when he spoke about future plans for this project. The platform aims to be more than the usual online gambling sites. Instead, it aims to combine all of the best attributes of gambling under one umbrella.
McCool said: “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.”
this platform utilizes the transparency and security features that are inherent with blockchain technology
According to McCool, this platform utilizes the transparency and security features that are inherent with blockchain technology in order to allow everyone to get a slice of the action. The return will be the same for someone investing $10 as someone investing $10m.
Business investment opportunity
Not only does this platform offer users the chance to generate passive income, it also welcomes business investment. Investors would in fact be stakeholders, as they will not be purchasing equity in the business.
Instead, their investment will go into the online casino’s Smart-Contract Bankroll. New Bankroll tokens are created through these contracts.
As time goes on and more money flows into the system through gross gaming revenue and investment, the price of tokens will increase. These tokens will always be redeemable for cash, making it a liquid asset.