Casinos are continuously evolving, from brick-and-mortar casinos to online casinos and now the crypto casinos, where players use cryptocurrencies for their casino transaction needs. Though crypto casinos already exist, with the increased crypto adoptions, many casinos are transforming into crypto casinos, aimed at attracting increased crypto investors.
Yeet, a new crypto casino and sports book, founded by renowed personailities in the crypto space, Micheal Anderson, a psuedonymous trader Keyboard Moneky and a proffesional Poker player Ben Lamb, has recently announced it has raised $7.5 million in a funding round led by Dragonfly, a crypto venture fund along with participation from other investors like Pudgy Penguin and Layer Zero CEOs, highlighting the platform’s effort to bring crypto natives with online casinos. In this article, we’ll dive deeply into the Yeet platform to analyze more about its features and games.
Yeet, Crypto’s Casino: Built By Crypto People For Crypto People
As already mentioned, Yeet is a crypto casino built by two crypto enthusiasts for other crypto aspirants who wish to utilize cryptocurrencies for their casino needs. Though there are many crypto casinos available, what makes Yeet different from them is its innovative approach in games. Along with using cryptocurrencies as medium of exchange, the platform inclines its every features with crypto, be it games, events, or brands.
Games On Yeet
Along with traditional gambling games like Blackjack, Roulette, Slots, Baccarat, Poker, this new gambling platform will offer crypto focused games, where crypto enthusiasts can experience minting NFTs, trading meme coins, getting caught in rug pulls, buy, sell, and borrow in DeFi platforms, and what not, every crypto trading activities will be available for players through games.
Yeet’s Strategy Revealed
Initially focusing on entertainment and high staking gambling experience instead of on-chain games, Yeet aims at competing with the big crypto casino names like Shuffle, Rollbit, and Stake, using its strong crypto foundation and make an upstart. And will incorporate on-chain verifiable randomness games in the future.
Taking the advantage of lessened trade in the market right now, the games in Yeet keeps players engaged and entertained, allowing them to regain their lost fun in the crypto trading. Incorporating elements of risks, as crypto users loves risks, the games involves buying random meme coins, gamble NFTs and participate in airdrops.
Under its Anjouan and Curacao license, US players wouldn’t be able to play on Yeet. The platform instead focus on countries like Asia, Latin America, Canada, Africa, and Europe where the demand for crypto casinos are currently increasing. Last but not the least, the platfrom will allow users to deposit their funds across Ethereum compatible chains, Solana, and Bitcoin.
Unique Acessing Model
Players can access the Yeet casino and its upcoming sportsbook through its official site as well as through an Telegram bot, an established trend with meme coin trading platforms where users buy and sell meme coins through the social networking app directly, eliminating the hurdles of logins.
Yeet’s Upcoming Plans
As part of its strategy to attract more users to the platform, Yeet has plans to integrate multi tier affiliation programmes and extensive VIP reward programs. This will enhance the user retension rate and adds to the loyalty of players. Also the team has revealed their plans to include an initial points program which will evetually lead to an airdrop.
Bottom Line
Yeet is a promising crypto casino platfrom that offers something more than a conventional crypto casino. Being built by the crypto savvy, the platform offers crypto themed games, giving crypto aspirants a gaming expericen mimicking real time trading. With its VIP reward programs and affiliation programs, the platform aims to gain traction from crypto community as well as casino gamers. Yeet is not aiming to create a competition to other crypto casinos, but it aims to offer something unique that any other crypto casinos dont have in store.