Eminence has partnered with Chimoney to expand the utility of CasinoCoin, the cryptocurrency technology provider’s coin. Eminence’s partnership with Chimoney, dubbed “the next level of usefulness,” would enable CSC holders to purchase gift cards such as iTunes, Amazon, and Uber Eats, as well as in-game credits for titles such as FIFA, Call of Duty, and Grand Theft Auto.

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Eminence – Chimoney Deal

Daniel Keller, Chief Technology Officer at Eminence, stated, “We’re thrilled to see new solutions to unlock value hitting the XRP Ledger. We’re also thrilled to be launching Chimoney and enabling CasinoCoin customers to not only unlock wealth but also transfer it.” 

Their purpose is to harness the power of blockchain, and it is via ground-breaking agreements like this one with Chimoney that they ensure they continue to strive toward that goal while also elevating the product and offer.

Chimoney, which recently launched an embedded app that enables XUMM users to purchase gift cards, airtime, and mobile money using the XRPL-issued tokens ChiSpend, is a developer of platforms, APIs, and embeddable apps that enable businesses to transfer value and increase the utility of their products, tokens, and projects. The company then developed an API that lets third parties, such as Eminence, integrate ChiSpend into their services and therefore increase the utility of its tokens. The CasinoCoin token has been available for purchase on a variety of exchanges and is listed as an issued token on the XRP Ledger. Eminence’s gaming lobby is accessible through the XUMM wallet, which “guarantees actual utility” for both CSC holders and users.

Uchi Uchibeke, Chimoney’s founder, noted that the value generated and earned in gaming, virtual worlds, and metaverses must be spent by the earners. Eminence is well aware of this and is actively adding utility to CasinoCoin. Chimoney enables this, and we look forward to enabling CasinoCoin holders to spend their tokens on tangible goods and services that provide value to their lives. Chimoney improves transaction speeds, security, financial transparency, and traceability for users and gambling regulators/operators. CasinoCoin includes built-in KYC and AML functionality and is based on compliance and consumer protection mindset. CasinoCoin’s mission is to provide regulated casino operators with access to an untapped pool of KYC-verified players, with the goal of generating incremental income while improving visibility and security. Tokens, which are digital assets developed on top of the CasinoCoin network, are available. Custom tokens enable casino operators and providers to maintain their own token economy while taking advantage of CasinoCoin’s features. Token creators control the overall supply, the value, and the manner of distribution.

About Casino Coin

CasinoCoin (CSC) is a regulated gaming-specific digital currency. CasinoCoin seeks to increase transaction speeds, security, financial transparency, and traceability for users and online casino/sportsbook regulators/operators. CasinoCoin includes built-in KYC and AML functionality and is based on compliance and consumer protection mindset. CasinoCoin’s mission is to provide regulated casino operators with access to an untapped pool of KYC-verified players, with the goal of generating incremental income while improving visibility and security. Tokens, which are digital assets developed on top of the CasinoCoin network, are available. Custom tokens enable casino operators and providers to maintain their own token economy while taking advantage of CasinoCoin’s features. Token creators control the overall supply, the value, and the manner of distribution.