Since launching earlier this year, Wild Crypto became the first of 2017’s major gambling ICOs to go live with a crypto casino that accepts wagers in the bespoke WILD token.
CryptoGamblingNews.com caught up with Wild Crypto CEO William Trentini to find out how things have been going, and what comes next.
How would you sum up your first few months of operation?
It has been a truly wild ride. We’ve been thrilled with the reception Wild Crypto has received, including thousands of sign ups and millions of WILD tokens wagered on the site. The platform has performed strongly and the feedback from users has been positive.
But of course this is only the first step. Since launch we’ve been working hard to improve the site and add more content. This included being the first casino – crypto or otherwise – to go live with skill-based games from innovative new supplier Chopsticks in the Apps.
We have a busy roadmap upcoming, so the focus now is to ensure we deliver on it and keep Wild Crypto growing.
What have been the primary challenges of running one of the first online casinos that uses its own cryptocurrency?
What we are doing with Wild Crypto has never been done before. Sure, we can apply lessons from the wider gaming industry, but we’ve found it is important to be agile and willing to learn lessons along the way.
It has been a tough 2018 for the cryptocurrency market as a whole, with prices well down from their January highs, and that brings with it some understandable frustrations. But we are remaining focused on what we need to do to make Wild Crypto a long-term success regardless of the day-to-day price movements.
Top of that list is bringing more players to the platform, and we’ve recently struck a major deal that we will be announcing in the coming weeks that will provide significant traffic to WildCrypto.com.
"What we are doing with Wild Crypto has never been done before. Sure, we can apply lessons from the wider gaming industry, but we’ve found it is important to be agile and willing to learn lessons along the way."
What next for Wild Crypto?
We continue to grow our team, particularly on the product and marketing side, so we can improve our product offering and ensure it reaches new audiences.
The longer-term plan remains to peg WILD tokens at a rate of 100 WILD to 1 Ether; we currently sell the tokens at this rate and, if our player base continues on this growth trajectory, we will be in a position to buy back at this rate too.
Of course, this is reliant on new players discovering Wild Crypto and playing on the site, so will continue to spread the word and support our fantastic community which is doing the same.
How do you see the wider crypto gambling sector shaping up over the coming months?
I’m extremely bullish. Gaming is the perfect use case for crypto, and I would say gambling altcoins are significantly undervalued as a whole when you compare them to the performance of the strongest traditional gambling brands.
Crypto brings safe, secure and transparent gaming entertainment to new markets where traditional gambling offerings have not tended to be particularly reliable. The regulated gambling industry is set to top $500 billion in 2019, and if you include grey market gaming it is several magnitudes bigger. Crypto is offering something truly compelling in this space. It only needs to capture a small share of the whole to become crypto’s most valuable sector.