Curacao, March 20, 2024 — Flush, a prominent name in the crypto iGaming industry, is thrilled to announce its strategic integration of the Coinweb Protocol, a layer 2 cross-chain protocol, into its platform. Flush will launch its own token on the Coinweb Protocol as well as issue blockchain-agnostic NFTs. Coinweb will also help facilitate cross-chain payments for users, furthering the offering of Flush. This collaboration marks a significant milestone for Flush, enhancing its offerings and reinforcing its commitment to providing cutting-edge solutions to its user base.
Flush’s integration of Coinweb entails a multifaceted approach aimed at revolutionizing the user experience and expanding the platform’s capabilities. With a user base of over 30,000 individuals, Flush is dedicated to fostering community engagement and rewarding its loyal users. To this end, 75% of the total supply of Flush tokens will be airdropped to Flush users, ensuring widespread participation and ownership.
Moreover, Flush has implemented a unique revenue contribution mechanism whereby a portion of its daily revenue from various operations, including a variety of games, and Crypto Futures, is allocated towards the purchase of Flush tokens. These tokens are subsequently burned through an automated ‘Buy & Burn’ process executed via the UniSwap platform, creating a deflationary mechanism that enhances the scarcity of Flush tokens over time.
Commenting on the integration, a spokesperson at Flush stated, “We are excited to leverage Coinweb’s advanced scalable cross-chain technology to elevate the user experience on Flush. This integration not only enhances the functionality of our platform but also underscores our commitment to innovation and user-centric solutions.“
Philip, Director of BD at Coinweb added “Flush’s presence as an established player with a solid user base in the crypto iGaming industry is an exciting integration for Coinweb. Our technology stands poised to revolutionise their operations, providing innovative solutions that will drive their platform to new heights of success.”
In addition to these groundbreaking initiatives, Flush is set to introduce staking mechanisms for Flush NFTs on the platform, enabling users to earn enhanced Rakeback Boost of up to 10% of the house edge based on the rank of the staked NFTs. This additional incentive further enriches the gaming experience and rewards user participation.
Flush’s partnership with Coinweb exemplifies its dedication to embracing blockchain technology and pioneering novel solutions in the online gambling space. By offering blockchain-agnostic tokens and NFTs that can be utilized across multiple chains, Flush is poised to unlock new opportunities for innovation and ecosystem growth in the burgeoning GameFi and DeFi sectors.
About Flush
Flush.com is a licensed crypto iGaming platform based in Curaçao, committed to delivering cutting-edge solutions and unparalleled experiences to its diverse user base. With a focus on innovation and community engagement, Flush is at the forefront of revolutionising the crypto iGaming industry.
About Coinweb
Coinweb is a leading layer 2 interoperability platform, revolutionising cross-chain functionalities within the blockchain industry. With its groundbreaking Layer 2 protocol, Coinweb enables seamless interaction between decentralised applications across multiple blockchains, driving interoperability and scalability in the Web3 landscape.
About Coinweb Labs
Coinweb Labs is a design and build consultancy specialising in creating custom-built solutions for decentralised applications interacting with the Coinweb Protocol. With a focus on innovation and collaboration, Coinweb Labs is dedicated to accelerating the development of projects within the Coinweb ecosystem.