CHIPS Blockchain Launches to Revolutionize $100 Billion iGaming Market
A new Layer 1 blockchain platform, CHIPS, has officially launched with the goal of transforming the $100 billion iGaming industry by introducing a transparent, decentralized infrastructure tailored for online gaming and betting platforms.
CHIPS distinguishes itself by focusing on the unique needs of iGaming, a sector rapidly embracing blockchain for its ability to deliver provably fair gaming, enhanced security, and instant transactions. The platform’s flagship decentralized application, Blockasino, merges a cryptocurrency exchange with a casino, allowing users not only to play but also to benefit from revenue sharing by holding $CHIPS tokens.
The CHIPS protocol empowers developers to build gaming platforms where fairness is verifiable and value transfer is seamless. This addresses long-standing concerns in online gaming about trust, transparency, and the speed of payouts—a major draw for players and operators alike.
To kickstart adoption and community engagement, CHIPS has launched a public airdrop campaign. Registrations are now open, with $CHIPS tokens set for distribution on June 23. The project is actively recruiting developers to expand its ecosystem, aiming to attract innovators interested in building next-generation iGaming applications.
The move comes as blockchain and cryptocurrency continue to gain traction in the gaming world. By mid-2025, crypto transactions are estimated to account for 25% of global iGaming payments, up from 15% in 2023, as players seek speed, privacy, and transparency. Platforms like CHIPS are capitalizing on these trends, offering features such as decentralized governance, NFT-based game assets, and provably fair gaming algorithms.
While regulatory uncertainty and market volatility remain challenges for blockchain-based gaming, the launch of CHIPS signals growing confidence in decentralized solutions as the future of iGaming. Industry observers will be watching closely as the platform rolls out its token distribution and further develops its ecosystem in the coming months.