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11:12 PM · May 12, 2025 – DoubleUp, a decentralized casino built on the Sui blockchain, has announced the successful closure of a $4 million seed funding round. This investment will propel the development and launch of its innovative platform, aiming to revolutionize the online gaming experience with transparency and provable fairness.
DoubleUp leverages smart contracts and blockchain technology to ensure that all games are tamper-proof and verifiable. This fosters trust among players, addressing a key concern in the online gambling industry. The platform offers a variety of games, including coin flips and other chance-based options, providing users with an engaging and secure environment to test their luck. Built on the Sui blockchain, DoubleUp benefits from its high throughput and low latency, ensuring a smooth and seamless gaming experience.
Key Features of DoubleUp:
- Decentralized and Transparent: All game outcomes are determined by smart contracts, eliminating the possibility of manipulation.
- Provably Fair: Players can independently verify the fairness of each game.
- Variety of Games: Offers a diverse selection of games, including coin flips and more.
- Built on Sui: Leverages the speed, scalability, and security of the Sui blockchain.
- Secure and Engaging: Provides a secure and engaging environment for online gaming.
- Community-Driven: Actively engages with its community to ensure a user-centric platform.
The $4 million seed funding will be used to expand the DoubleUp team, further develop the platform's game offerings, and launch targeted marketing campaigns. The company is committed to building a vibrant and trustworthy online gaming ecosystem on the Sui blockchain.
About DoubleUp:
DoubleUp is a decentralized casino built on the Sui blockchain, offering a transparent and provably fair gaming experience. It leverages smart contracts to ensure game integrity and provides users with a secure and engaging platform to enjoy a variety of games.
About Sui Blockchain:
Sui is a high-performance, permissionless Layer 1 blockchain designed for fast transaction speeds and low latency. Its innovative architecture makes it ideal for applications requiring high throughput, such as gaming and decentralized finance.
Compiled by CMO Intern team
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