BetSwirl and Archethic Partner to Build Mega Multi Chain Ecosystem
. . . another win for the BetSwirl vision
The past year has seen the blockchain industry experienced an awful awakening as malicious actors carted away quite a sum in cryptocurrencies from the smart contracts of DeFi and gaming platforms. Armed with this knowledge, the BetSwirl team is proud to announce a partnership with Archethic — a blockchain ecosystem with inclusive, incentivized, and on-chain governance. Archethic seeks to give humans control over technology by curating an ecosystem that promotes anonymity and trustless transactions.
BetSwirl aims to promote strategic partnerships and integration to create a near-impregnable ecosystem and boost the utilitarian model and use cases. We believe that this will lead to a genuinely interoperable ecosystem. This is critical to the scaling of BetSwirl because DeFi, smart contracts, and NFT components have been the reason malicious attackers raided numerous platforms.
Cross-chain services and multi-chain infrastructures will result in a fluid interaction of the ecosystem and provide an added layer of security that is harder to break down, resulting in a sustainable blockchain for the future. This goal will only be sustainable if the projects we partner with are first-rate with a near undefeatable utility model. With this as a requirement, we chose to integrate our ecosystem with Archethic to avail ourselves of the opportunity of their community, blockchain ecosystem, and investors.
Archethic’s desire to create a unique blockchain system that is endless in the application and a flexible ecosystem aligns with BetSwirl's infrastructural plans. With transaction validation times less than 5 seconds, 97.5% security, a new consensus (ARCH), and unlimited transaction speed, it would be nearly unthinkable to imagine a scenario when Archethic’s blockchain is not a consistent performer.
In addition, BetSwirl needs a favorable programming environment to create a dynamic and unmatched gaming experience. Archethic’s integration of DeFi, NFTs, decentralized identity and smart contracts internal oracle, editable content, and interpreted language will expand our developmental boundaries.
Here’s what Romauld, BetSwirl’s CEO, has to say about their partnerships in recent times:
“BetSwirl’s vision? Pretty simple; to integrate online gambling into the VR world. The metaverse is trending and games are leading this area. But beyond the basics, we want our current and future community to enjoy a full immersive metaverse casino. We are already in contact with several successful metaverse projects in a bid to implement BetSwirl VR Casino in their world.”
The extensiveness of the Metaverse requires a blockchain ecosystem that can handle consistent high throughputs with zero downtimes. And the partnership with Archethic guarantees just that.
BetSwirl is a community-driven gaming platform built on the Polygon blockchain to bring fair gambling to Ethereum-compatible blockchains. The development of BetSwirl will soon gravitate towards other blockchains; cross-chain with Avalanche is the likely next target. BetSwirl intends to create open-source and easily integrable decentralized tools and games for dApps. The team believes that these will be invaluable to building an open, transparent, and water-tight ecosystem that favors scalability.