XR Casino Offering Review – The Future of iGaming

XR Casino is a Metaverse-ready technology company with a patent-pending solution for casinos and sports betting companies to compete in the growing online gambling market. 

The company is bringing its cross-technology platform to the world of online gambling by delivering the casino floor to virtually any smartphone, mixed reality device or VR headset through an immersive extended reality experience.

The company is pioneering the use of extended reality cross-technology gaming for the iGaming and sports betting industries. The company’s platform leverages the power of artificial intelligence, blockchain, augmented reality, mixed reality and virtual reality to provide gaming experiences and value-added services to traditional brick & mortar casinos, online casinos and sports betting companies.

XR Casino recently announced that BOTS, Inc. (OTC:BTZI) became their first strategic corporate investor. BOTS is launching a Las Vegas-themed Metaverse, Vegas.mv that will feature XR Casino games and services.

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The Technology

XR Casino’s patent-pending cross-technology platform is unique to the gaming industry in that it will allow players to use any device, such as a smartphone or a virtual reality headset, to play against each other and against live casino dealers. 

Players are offered a personalized experience where they can choose from single and multiplayer games, private game rooms and public game rooms where players can bet on their favorite games such as roulette, blackjack, slot machines and even sports betting.

One of the biggest risks to casinos, sports betting and igaming companies is cybersecurity, with cybercrimes costing the gaming industry hundreds of millions of dollars each year in losses and resulting in damaged reputations due to stolen player data.

To solve this problem for its clients and give its users the safest experience possible, XR Casino is developing value-added services that utilize blockchain technology which provides costless, real-time audited data to casinos, players and regulators. 

Blockchain technology enables decentralization, which means there is no single point of failure for hackers to breach the platform’s security. The technology also facilitates payments, acceptance of cryptocurrencies and the sale of NFTs. 

XR Casino will accept major cryptocurrencies and plans to launch a native coin to allow cryptocurrency staking which will incentivize player loyalty and community building through proof of stake mining and drops of NFTs and augmented reality coins in real-world places. 

Additionally, blockchain technology empowers XR Casino to exist virtually in any metaverse it chooses, which opens up endless possibilities for growth. 

The company plans on incorporating AI technologies such as robotic process automation, machine learning and natural language processing to improve each players’ unique experience. XR Casino expects this to increase engagement and lower attrition. It’s estimated that a 5% reduction in player attrition translates to a 25-85% increase in a casino’s profits.

Learn more about XR Casino’s innovative technology

XR Casino Business Model

XR Casino benefits from having a two-pronged B2C and B2B business model to allow for multiple streams of revenue. 

The company’s B2C segment is a free-to-play social casino model that will generate revenue through the sale of NFTs, in-game casino chips, ads and subscription fees. These games will only utilize in-game currency or “play money” that can’t be cashed out or exchanged for anything of value. 

As casinos and sports betting companies search for ways to attract new players, XR Casino’s platform provides a solution allowing them to expand their offerings to extended reality platforms through the company’s B2B segment. SaaS solutions.

The B2B segment consists of SaaS (software-as-a-service) and GaaS (games-as-a-service) models that will generate revenue from licensing fees for the technology and revenue sharing fees from both licensed casinos and social casinos.

B2B clients will pay a set-up fee of $25,000 plus a minimum monthly fee of $5,000 per game that scales based on the number of players. In addition to the licensing fee, revenue-sharing agreements will give XR Casino 25% of the revenue generated through its platform. 

The company also plans to include a division for celebrities, influencers and entertainment industry businesses interested in monetizing their follower base by rolling out their own branded social casino and NFTs.

XR Casino also plans to generate revenue from the sale of NFTs, including one-of-a-kind skin designs for blackjack tables, roulette tables, slot machines, decks of cards, casino chips, in-game avatar clothing and wearables. 

Learn more about XR Casino’s business model

XR Casino Growth Potential

There are certain industries that continuously lag behind the rest of the world in terms of innovation and technology, and the gambling industry is definitely one of them. However, casinos and sports betting companies are already quickly adopting new technologies and ways to provide easier access to players. 

XR Casino seems to have developed a platform just in time to meet the demand for casinos looking for more ways to keep up with the rapid changes in consumer habits. 

The global market for online gambling is expected to grow by nearly 80% over the next 3 years to over $150 billion. This means any company in the casino and sports betting industry that wants to stay relevant will need to adopt technologies like XR Casino’s platform. 

Learn more about XR Casino’s growth potential

XR Casino Management

Dayan “Dan” Martinez – Founder and CEO

Dayan is a visionary entrepreneur with over 23 years of experience in the financial services industry.  His experience includes leadership roles at Citi, HSBC and Wells Fargo Securities. 

Ihor Andrieiev – Chief Designer

Ihor is a game designer with a demonstrated history of working in the computer games industry. He is experienced and skilled in game design, UX, XR experience design and unity non-code development. 

Oleh Kalashnyk – Head of Technology

Oleh is a professional software developer with 10 years of experience. he has developed several XR games and applications for Microsoft HoloLens, Magic Leap One, HTC Vive, Oculus GO, Oculus Rift, Sony PlayStation VR, IOS & Android. 

Dmitry Andrieiev – Sound Engineer

Dmitry is an experienced sound designer, sound engineer and voice actor with a passion for beautiful sounds and creative projects. His knowledge and experience provides an often overlooked component to gaming and XR experiences. 

Offering Summary

XR Casino is offering retail investors the opportunity to make an equity investment in the company through Regulation CF on StartEngine with a pre-money valuation of $14.98 million.  

The company is offering up to 499,999 shares of common stock at a price of $2.14 per share with a minimum investment of $149.80 (70 shares). 

XR Casino is also offering incentives and bonus shares to investors based on the amount invested as follows:

• 15% Bonus in additional shares for investments made by Tuesday, February 8th, 2022  
• $450+ investment: 500,000 XR Casino Chips
• $1,500 + investment: 1,500,000 XR Casino Chips 
• $3,000+ investment: 3,000,000 XR Casino Chips + 3% bonus shares
• $4,500+ investment: 5,000,000 XR Casino Chips + 5% bonus shares + early access to new games 
• $15,000+ investment: 15,000,000 XR Casino Chips + 7% bonus shares + Oculus Quest 2 VR Headset + early access to new games

How to Invest

Offerings made through Regulation CF are open to both non-accredited and accredited investors, meaning virtually anyone legally allowed to invest in the United States can buy shares in XR Casino’s offering by visiting the XR Casino page on StartEngine and signing up through the platform to invest. 

Source: https://www.benzinga.com/money/xr-casino-review/