Kineko officially moves to Solana after $41 million in volume turnover

Kineko has officially switched to Solana, a high-throughput sports betting and prediction markets protocol with a real-time settlement. 

Since its inception on the Ethereum network, the company has grown significantly and is now a market leader in the crypto betting field. 

Kineko has a volume turnover of over $41 million as of this writing. The team took a step back to assess the Ethereum network’s full functionality, as well as its capacity to scale and work for the dApp and its users, both logistically and financially.

Benefits of moving to Solana

Steep prices of gas, sluggish transaction times and other concerns can all be addressed by switching to Solana. 

Transactions are faster and cheaper on the Solana network, making it cost-effective for bettors, liquidity providers, and the project itself. 

The speed with which bets are settled, payouts are made, and deposits are paid to betting accounts should all improve.

After the migration is complete, users can buy Kineko tokens on Raydium and stake them for 200-300% APY, or they can bet with $KKO, which offers a 2% discount on all sports bets. 

With a global betting industry worth more than $250 billion, it appears that people are finally seeing the value of a high-throughput, low-cost chain. Combine it with a fantastic UI/UX and you have a solution that can genuinely scale.

The finest Cryptocasino

Kineko Casino is currently open and offers a variety of exciting activities like Sports Betting, Poker, Slots, Blackjack tables, and Roulette. 

Their Live Casino is open 24 hours a day, seven days a week, so you can play whenever and wherever you choose, with more than 500 different games to choose from.

Check out the most recent Premier League, La Liga, Serie A, Bundesliga, Ligue 1, NFL, NBA, Horse Racing, DOTA 2, King of Glory, LOL, and many other sports odds. Join now to take advantage of the finest CryptoCasino action on the planet.

Image courtesy of Cointelegraph News/YouTube

Source: https://bitcoinerx.com/blockchain/kineko-officially-moves-to-solana-after-41-million-in-volume-turnover/