The blockchain-based online gaming and lottery platform at Truegame.io has announced that it has passed ‘one of the most significant milestones’ in its short history after being granted a Curacao eGaming license.

Further license plans:

According to an official Tuesday press release published by European Gaming Media and Events, the innovation from developer Truegame Srl explained that the new license will allow it to ‘strengthen its position’ before applying for similar approvals with ‘other reputable authorities’ such as the Malta Gaming Authority and the United Kingdom’s Gambling Commission at a later date.

Regulator took a ‘deep dive’:

In order to receive the Curacao eGaming license, the developer that its Truegame.io innovation had been required to ‘perform a lot of work’ that had included undergoing ‘a serious project review’. It stated that this had encompassed the regulator conducting a ‘deep dive’ into its corporate infrastructure and details as well as fully auditing its random number generator, servers and due diligence procedures.

Ethereum invention:

Dmitry Danilov, Chief Executive Officer for Truegame Srl, described Truegame.io as ‘a fully-implemented iGaming platform’ that utilizes Ethereum smart contracts in order to offer players a portfolio of some 37 games that span everything from lotteries to dice. He additionally proclaimed that the advance is in the ‘very final stage’ of integrating its TGame utility token in order to offer aficionados a completely transparent service.

Danilov’s statement read…

“Our team is extremely happy with this significant step in the development of the whole project. Obtaining a license additionally proves that Truegame.io is not only a legitimate and trustful project but also a solid partner.”