MyPrize, the first ever multiplayer online casino, has launched its innovative dual platforms: MyPrize for international markets, and MyPrize US, tailored for American users. This online casino merges the thrill of live gambling with the social intricacies of media platforms and live streaming.
From today, participants can either team up with friends or connect with top internet streamers via MyPrize to engage in a variety of classic casino games like blackjack, slots, roulette, and more.
The platform has seen a significant pre-launch interest, with over 150,000 users registering during the early access phase.
Zach Bruch, the Founder and CEO of MyPrize, emphasized the platform’s commitment to creating an immersive social experience akin to a night out in Las Vegas or Macau, but from the comfort of one’s home.
“We’re not just facilitating online gambling,” Bruch stated. “We are crafting a comprehensive social and interactive experience, bringing the vibrancy of a live casino environment directly to our users.”
The global pandemic underscored the significance of social interaction within gambling sectors, as traditional casinos grappled with unprecedented challenges, including a dramatic 31.3% drop in global gambling revenues. Conversely, the online gambling market has been thriving, achieving a record penetration rate of 24.6% in 2023. MyPrize leverages this shift towards digital solutions while integrating social elements that enhance the user experience.
A standout feature of MyPrize is its ‘Bet Together’ technology. This tool not only allows players to stream their gaming sessions but also to interact with their audience in real time, creating a participatory experience for viewers. Creators on MyPrize benefit from an uncapped earning potential and a dynamic environment to grow their followings, independent of traditional advertising revenues.
Bruch further noted the platform’s focus on community-building tools that empower creators to engage with their audiences on a more meaningful level.
“MyPrize leans into the strengths of online communities, fostering deeper interpersonal connections and enhancing the overall social experience,” he explained.
At its launch, MyPrize boasts collaborations with a diverse array of popular creators and influencers, including partnerships with individuals from the lifestyle and gaming organization 100 Thieves. The platform is not just about entertainment; it also aims to serve as a gateway to the Web3 ecosystem.
MyPrize plans to convert in-game currencies to cryptocurrencies and hosts sweepstakes with significant prizes, thereby attracting a broader demographic to the burgeoning digital economy.
Read Also: How Blockchain, Bitcoin, and NFTs Are Impacting Gaming?