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"Norsewin Launches Blockchain Token, $NORSE, for 25% Casino Revenue Share"

Coin WorldMonday, Jan 27, 2025 12:25 pm ET
1min read

Norsewin, a leading online casino platform based in Oslo, Norway, has announced the launch of its blockchain-based token, $NORSE. This innovative move introduces a revenue-sharing model for investors, allocating 25% of the casino's monthly earnings to token holders. The introduction of $NORSE marks a significant development in the online gaming industry, bridging the gap between traditional casino operations and blockchain-based financial models.

The $NORSE token is managed by Norsewin Holdings Ltd., a British Virgin Islands-registered entity operating separately from Norsewin's casino activities. This separation ensures regulatory transparency and investor protection, bolstering trust in the platform's governance. The token is backed by a fully operational business model, ensuring token holders gain from genuine and sustainable revenue channels.

Nathan Tickle, CEO of Norsewin Holdings Ltd., stated, "Invest in a token that truly makes sense. Norsewin is supported by one of the largest Scandinavian casinos, not just a theoretical concept. This project has real financial backing, offering investors a robust foundation and a direct stake in a successful casino ecosystem."

The 2025 development plan includes completing smart contract audits, platform integration, and regulatory compliance in Q1. In Q2, the revenue-sharing model will be launched, along with strategic partnerships and mobile app development. Q3 will see an expansion of casino game offerings, the launch of a token staking program, and VIP rewards for long-term investors. In Q4, Norsewin plans to enter international markets, integrate with other gaming ecosystems, and implement advanced security features.

Norsewin's platform has witnessed a 230% increase in revenue year-over-year, generating $45 million in 2024, with over 64,000 active users. The introduction of $NORSE is expected to amplify this momentum by boosting user engagement and investment in the platform. Dovy Tickle, Norsewin's marketing lead, anticipates substantial increases in both user adoption and revenue, creating a win-win scenario for investors and the platform.

The $NORSE token is designed to deliver tangible advantages to investors, with its value linked to Norsewin's actual business performance. This reduces the volatility risks often associated with the crypto market. With an initial market cap of $2 million, early investors can partake in the company's growth at an appealing entry level. Key benefits

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