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GambleFi: Cryptos Killer Use Case?
Feb 10, 2024
The guest, Kineko's Head of Business Hoosier, discusses all things GambleFi, including its revenue generation, unique aspects of crypto gambling, comparisons with RollBit, level of decentralization, unique advantage of crypto gambling platforms, revenue spike and volume leaderboard, and the growth potential of the crypto gambling industry.
50:07
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Quick takeaways
- Caneko differentiates itself in the crypto gambling sector by offering anonymity and catering to the crypto-savvy audience.
- Caneko's marketing strategy includes collaborations with crypto influencers and referral programs to increase user adoption.
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Overview of Caneko
Caneko is a Solana-based casino and sports book that offers a user-friendly UI/UX. The platform benefits from the success of the token, K&K, which has deflationary tokenomics. A third of the platform's profits are used to buy back K&K on the open market, with 90% of it burned and 10% distributed to stakers. Caneko differentiates itself from other platforms by offering anonymity and catering to the crypto-savvy audience. The platform aims to tap into the growing crypto gambling sector, which is expected to see significant growth due to its appeal to users who value privacy and want to avoid traditional banking systems.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode