Eminence enters breakthrough partnership with Chimoney

The deal brings even more utility to users of CasinoCoin who can now purchase gift cards and in-game credits

Eminence Holdings, the B2B and B2C gambling and cryptocurrency technology provider behind the cutting-edge Casino Lobby, has added more utility to its innovative CasinoCoin (CSC) by joining forces with Chimoney.

Chimoney is the developer of platforms, APIs and in-app embeddable apps that enable businesses to transfer value and increase the utility of their products, tokens or projects. This means that CSC holders can now purchase popular gift cards (the likes of iTunes, Amazon and Uber eats) as well as in-game credits (for FIFA, CoD, and GTA, plus many more).

The CasinoCoin token has long been available to purchase through a number of exchanges and is on the XRP Ledger (XRPL) as an issued token. Eminence’s revolutionary Casino Lobby is offered within the XUMM wallet, which ensures true utility for CSC holders and users.

On a mission to harness the power of blockchain, Eminence wanted to take utility to the next level and engaged Chimoney which had recently launched ChiSpend, an easy-to-use embedded app allowing XUMM users to purchase gift cards, airtime and mobile money with XRPL issued tokens.

Chimoney then created a simple API to allow third parties such as Eminence to use ChiSpend in their applications and to unlock additional utility for their tokens.

Uchi Uchibeke, Founder of Chimoney, said: “The value being created and earned in gaming, virtual worlds and metaverses needs to be spent by the earners. Eminence understands this and is going to great lengths to constantly add utility to CasinoCoin.

“Chimoney is making that possible and we’re looking forward to enabling earners of CasinoCoin to use their tokens for real products and services that add value to their lives.”

Daniel Keller, Chief Technology Officer at Eminence, added: “I’m so excited to see more solutions to unlock value hitting the XRP Ledger. We’re delighted to be going live with Chimoney and to be allowing users of CasinoCoin to not only unlock value but to be able to transfer it.

“Our mission is to harness the power of blockchain and it is through breakthrough agreements such as this with Chimoney that ensure we keep working towards that goal while also continuing to take our product and proposition to the next level.”