John Wright: 'Affiliates Must Pay for Compliance Now' and a Look at How One Company is Pushing Blockchain iGaming
In this interview with Becky Liggero of CalvinAyre.com, John Wright of Stats Drone explains why compliance in the world of Web gambling is a shared responsibility between affiliates and operators.
“We are just as responsible for compliance as operators are. With operators, they’re more concerned about the risk and if affiliates are part of that risk, that’s why they are being a bit forceful in saying, ‘We need you to comply in order to remain part of the affiliate program,’” Wright told CalvinAyre.com. “It’s everyone’s job. It’s all of our job as affiliates.”
Compliance concerns come at a time when the sky should be the limit for online gambling affiliates. That's because cryptocurrencies and the blockchain continue to open new doors. SCROLL DOWN FOR MORE
In that regard, True Flip is pushing the blockchain iGaming platform envelope, an advanced blockchain-based platform challenging government-run lotteries and more “traditional” iGaming platforms.
According to Konstantin Katsev, True Flip’s co-founder and CMO, his company represents one of the furthest developed blockchain-based gaming platforms in existence today.
“Firstly, we’re not Ethereum-based – True Flip takes advantage of Bitcoin’s chain. In our opinion, Ethereum has a track of critical instabilities that currently undermine it’s clear advantages. The market doesn’t seem to offer strong and competitive solutions for our needs to oppose the one developed in-house”, Katsev told CalvinAyre.com.
“The given blockchain is basically an RNG itself, and our solution just extracts the winning numbers. The blocks’ contents and genesis are unpredictable and independent from our will – yet transparent and easily verifiable, thus fair”, he added.
One of True Flip’s top challenges in 2018 will be in closing the gap between crypto enthusiasts and iGaming enthusiasts as customers. While his company may have forged a relationship with the crypto audience, not everyone in the world of iGaming has gained a comprehension of how cryptocurrencies and blockchain function.
“We’ve seen the increasing interest towards True Flip from the traditional and iGaming audience. This audience grows yet rather slowly, but steadily enough – which, of course, leads to certain conclusions and results into the way we shape True Flip”, he said.
“We’ve already adopted diversified games and smooth user experience, which even the traditional audience tends to enjoy a lot. At the same time these two audiences have a lot in common and are sometimes presented by the same or very similar people. But let’s say it’s a separate topic for a long and interesting discussion”, he added.
- Aaron Goldstein, Gambling911.com