XRP, the popular cryptocurrency affiliated with Ripple, has made significant inroads into various industries, including the gambling world. One notable integration is with Shuffle, a crypto-based online betting platform. This integration allows users of Shuffle to make deposits of XRP on the platform through affiliated wallet service providers. Once the deposits are made, users can place bets on all sporting events, games, and live casinos that support the use of XRP.
To celebrate the adoption of XRP, Shuffle has launched a promotional campaign with a prize pool of $5,000. The campaign will run for seven days, during which users who wager up to 100 XRP will receive a raffle ticket. At the end of the campaign, five winners will be drawn and each will receive a reward of $1,000. The event started on July 3rd and will run until July 9th. Winners will be announced in a live stream on July 10th.
To participate in the raffle draw, users are required to deposit XRP and place bets on any game of their choice. Every dollar wagered holds the same value across various gaming options, ensuring a uniform and equitable betting experience for all users. However, it is important to note that operating multiple accounts for this promotional campaign is strictly prohibited. Any user found in breach of this rule will be disqualified and banned from participating in this event and any future promotions.
Despite the ongoing lawsuit between Ripple and the Securities and Exchange Commission (SEC) over the classification of XRP as securities, the adoption of the digital currency continues to grow across many platforms. The XRP ecosystem has been successful in establishing business collaborations and partnerships. RWA Protocol, for example, has adopted the XRP Ledger to onboard HOME, the first-ever mortgage-backed stablecoin on the network. BitMart, a cryptocurrency trading platform, recently introduced a discount sale for XRP, offering participants up to 50% off to expand their portfolio or invest in XRP at a reduced cost. Singapore-based crypto trading firm Bitrue also announced an exclusive Earn Event with up to 50% Annual Percentage Rate (APR) for XRP investors who stake their tokens.
With all these positive developments happening within the XRP ecosystem, more users and investors are becoming optimistic about the growth potential of the coin in the long term.
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In conclusion, XRP’s integration into Shuffle is a significant development for the cryptocurrency in the gambling industry. The promotional campaign with a $5,000 prize pool further emphasizes the growing acceptance and adoption of XRP in various sectors. With other platforms also showing support for Ripple and the XRP ecosystem, the future looks promising for the coin’s growth and potential.
