On Tuesday, the Avalanche Foundation announced via a blog post that MyPrize, a social casino platform, is launching on the Avalanche blockchain. MyPrize will run redemptions, play resolution, and prize tracking natively on Avalanche. Every outcome is recorded onchain, enhancing user confidence and driving Avalanche network activity.
MyPrize players can purchase coins using AVAX, redeem prizes in crypto or fiat, and watch as their winnings hit in seconds. Players will be able to use Core Wallet alongside MyPrize’s existing fiat options, including Apple Pay, credit cards, and bank transfers. This expands access for Avalanche users to MyPrize’s U.S. and global audiences, with secure and streamlined on-ramps to the platform’s library of social casino games.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down 0.01% today and currently trades at $12.23 per coin.
Hassan Maishera