To mark the integration of XRP into the popular betting platform Shuffle, the team has initiated a promotional campaign with a prize pool of $5000.
The adoption of XRP continues to soar despite the SEC’s claims — in its lawsuit against Ripple — that the asset is an unregistered security. Shuffle, a crypto-supported online betting outlet owned by Natural Nine B.V. and licensed by the Government of Curaçao, has become the latest company to support XRP.
Per a Monday disclosure on Twitter, XRP has been integrated into the Shuffle betting platform. Consequently, users can deposit XRP on the platform from affiliated wallet service providers to place bets on all supported sports, games, and live casinos.
XRP is live on Shuffle!
To celebrate, we’re running a $5,000 raffle – for every $100 you wager in XRP over the week, you’ll receive one ticket into the raffle. We’ll be drawing 5 winners of $1,000 each in 7 days!
More details can be found here: https://t.co/fxbKUk25oE pic.twitter.com/0gukydzuqB
— Shuffle.com (@shufflecom) July 3, 2023
Alongside this development, the Shuffle team has launched a seven-day promotional raffle campaign to reward users who wager within the stipulated period using the XRP Ledger native token, XRP.
XRP is live on Shuffle!
To celebrate, we’re running a $5,000 raffle – for every $100 you wager in XRP over the week, you’ll receive one ticket into the raffle. We’ll be drawing 5 winners of $1,000 each in 7 days!
More details can be found here: https://t.co/fxbKUk25oE pic.twitter.com/0gukydzuqB
— Shuffle.com (@shufflecom) July 3, 2023
$5,000 XRP Raffle: All You Need to Know
The event, which kickstarted at 10:00 (UTC) today, is scheduled to end at 10:00 (UTC) on July 9. Designed to have only five winners — $1,000 per individual — the total prize pool for the XRP raffle is $5000.
To participate in the raffle draw, users must deposit XRP and place bets on any game of choice. According to the Shuffle team, for every bet executed using XRP during these seven days, users stand a chance to win one ticket in the raffle.
The announcement disclosed that every dollar wagered holds the same worth across various gaming options, including slots, live games, sports betting, and original games. This ensures users a uniform and equitable betting experience across all these activities.
The Shuffle team warned the XRP community against multi-accounting, as this would result in a ban from the event and future promotions.
The team noted that the $5,000 prize winners would be announced on Livestream on July 10, a day after the raffle is drawn. Shuffle will then contact all five winners directly and reward them accordingly.
Beyond the integration of XRP into Shuffle, another remarkable development recently landed the XRP ecosystem, giving members of the project community more reasons to anticipate a possible surge in the price of XRP.
As published by The Crypto Basic, the XRP Ledger has been adopted by the RWA protocol to onboard the first-ever mortgage-backed stablecoin on the network.
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Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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Source: https://thecryptobasic.com/2023/07/03/licensed-betting-outlet-adopts-xrp-rolls-out-xrp-raffle/?utm_source=rss&utm_medium=rss&utm_campaign=licensed-betting-outlet-adopts-xrp-rolls-out-xrp-raffle