SOFTSWISS Celebrates A Decade As Provider Of Crypto Casino Solutions With Big Milestone
by Oskar Trotman
It has been a busy and fruitful decade for SOFTSWISS, a software gambling development company catering to crypto casinos and sportsbooks. The one-stop shop is marking its 10th anniversary, and the big celebration overlaps with another milestone after the company announced that 70% of its projects support cryptocurrencies.
Several of SOFTSWISS’s most prominent crypto casino partners include BitStarz, Stake, Roobet, N1 Casino, 1xBet, PlayAmo, King Billy Casino, and Bitcoin Games. SOFTSWISS was one of the first companies to harness the potential of cryptocurrencies for online gambling since its inception in 2012, paving the way for a broader blockchain integration in the iGaming industry.
According to executives with the company, the decision to embrace tokens from the start was motivated by the desire to follow emerging trends and a calculated strategic initiative. The repertoire of supported cryptocurrencies includes over 20 tokens, with Bitcoin being the first accepted token. As more operators start to pivot towards cryptocurrencies, SOFTSWISS will continue evolving its services, starving to cater to the modern community of players.
Innovative Developer Trendsetting the Industry
SOFTSWISS is responsible for numerous innovations, including a popular In-Game Currency Conversion feature introduced in 2022. The option enables crypto owners to play casino games designed for stakes based on fiat currency by converting crypto tokens into nine different fiat currencies. After one year, 85% of wagers on SOFTSWISS-powered crypto casinos are made with this feature, and 21% on crypto and fiat platforms.
The wide range of tools and solutions available to numerous crypto casinos and sportsbooks enable SOFTSWISS to generate reliable data on market trends. Analytics from 2023, published by the company in May, reveal that crypto bets have increased by 45% year-on-year. Dissecting the study further shows that Bitcoin is still the preferred token for gambling, consuming 77% of the market share, while Ethereum takes second place with 8% and Litecoin is third at 5%.
The demographic aspect of the data shows that 65% of crypto gamblers are male, and the female population accounts for 35% of crypto players. According to the company’s analysis, the most active age group is 31 to 50 years old and represents 70% of registered players.
Award Winning Crypto Provider
SOFTSWISS’s accomplishments have been honored with several prestigious industry awards throughout the year, including several recognitions in 2023. The latest “Brand IDOL of the Year” award arrived on November 30 at the iGaming IDOL Awards 2023 held in Malta.
The developer triumphed at the SiGMA Europe Awards in the Best Aggregator 2023 category in November. Additionally winning two more awards at the European iGaming Excellence Awards on November 4. SOFTSWISS left the event with awards for the Best Marketing Campaign and Best Customer Service at the EiGE 2023.
Multiple awards decorate the company’s offices, and the proactive approach will probably attract more industry recognition. As part of the 10th anniversary, SOFTSWISS has announced plans to unveil a series of podcasts exploring cryptocurrency topics in-depth. Company experts will provide insights by offering valuable information for crypto-related topics.
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