Kineko Announces Migration to Solana Following $41 Million In Volume Turnover
19 Novembre 2021 - 12:30PM
NEWSBTC
Kineko, a high-throughput sports betting and prediction markets
protocol with the real-time settlement, has officially migrated to
Solana. The company has gained substantial momentum since its
inception on the Ethereum network and continues to be a leader in
the crypto betting space. To date, Kineko has a volume turnover
totaling over $41 million. The team took a step back to evaluate
the efficacy of the Ethereum network and its ability to scale and
work for the dApp as well as their users, both from a logistical
and financial sense. High gas prices, long transaction times, among
other issues are ones that can be solved with a transition to
Solana. Within the Solana network, transactions are orders of
magnitude faster and cheaper, making it cost-efficient for bettors,
liquidity providers, and for the project itself. Users can expect
improvements in the speed of bet settlements, payouts, and deposits
being credited to betting accounts. With the migration complete the
Kineko token can be purchased on Raydium and staked for around
200-300% APY, or alternatively, if users wish to bet, $KKO gives a
2% discount on all sports bets. With the global betting market
worth over $250 billion, it seems now people are beginning to
understand the power of a high throughput low-cost chain, marry
that with a great UI/UX experience and you have a product that can
truly scale. Kineko Casino is now open and is offering a bunch of
great adventures such as their Sports Betting markets, Poker games,
Slots, Blackjack tables or Roulette. Their Live Casino is open 24/7
so you can enjoy our games whenever you want and anywhere, with
over 500 different options and counting. Check out the latest odds
in the Premier League, La Liga, Serie A, Bundesliga, Ligue 1, NFL,
NBA, Horse Racing, DOTA 2, King of Glory, LOL and much more. Join
now and start enjoying the best CryptoCasino action in the world.
Stay up to date with all of the up-and-coming announcements by
following Kineko’s website, Discord, and Twitter profiles.
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