Tokenised Casino Reward Programs Based On Ethereum and Solana
Remuneration systems that utilise distributed ledger are a long-term trend in the iGaming niche. They are replacing classic bonus points, offering players not just loyalty points, but full-fledged digital assets with a market value, staking, use in metaverses, and the ability to exchange.
Online Casino Market experts talk about remuneration solutions, their advantages, and implementation nuances.
About a Tokenised Loyalty Program
This is a modern format of a bonus or incentive scheme that utilises blockchain coins instead of traditional points, chips, or conventional units. They become a kind of “loyalty currency” that people have the right to apply within the casino ecosystem, and sometimes beyond it.
Digital assets can:
- be used for bets, purchases, or participation in tournaments;
- be exchanged for real prizes, services, or fiat money;
- sold or sent to other customers (depending on the platform’s policy);
- accumulate and grow in value if tokens have market liquidity.
Features of the Bonus System
Let us consider the key characteristics of the concept.
Blockchain as the Basis of the Program
All transactions (accrual of tokens, as well as their write-off, exchange, or transfer) are recorded in a distributed registry, due to which:
- the possibility of rigging the system, hiding bonuses, or suddenly voiding them is excluded;
- the audience’s trust increases (if the system accrued 100 coins to a person, then this record remains in the blockchain forever);
- protection against fraud is improved.
Token As a Full-Fledged Digital Asset
Distributed ledger points have their market price and can easily be:
- traded on a crypto exchange;
- spent inside the casino (for example, to get free spins instead);
- withdrawn to external blockchain wallets;
- swapped for BTC or USDT.
This distinguishes tokens from regular bonus points, which can only be used within the gaming site. Digital assets provide greater freedom of action, turning the loyalty program from virtual “candy wrappers” into a real value.
Flexibility of Use
Coins earned can be exchanged for:
- internal bonuses (free spins, cashback, tournament tickets, or VIP levels);
- external goods and services (for example, discounts from partners or access to exclusive activities);
- collectibles (NFTs) or in-game avatars;
- participation in closed events (lotteries, VIP chats, private tournaments).
This gives players the feeling that they are “getting more than just another bonus”. This motivates people to be more active on the entertainment site, make deposits more often, and participate in gaming sessions.
Integration with DeFi and Web3
Tokens are part of the digital economy, so they can be used outside of online casinos without any problems.
Key options for users:
- staking (freezing coins to get interest, for example, 10% per annum);
- farming (rewards for providing liquidity);
- trading on decentralised and centralised exchanges;
- use in metaverses (for example, to buy virtual real estate or unique skins).
The integration with DeFi and Web3 turns digital assets from ordinary bonuses into full-fledged investment instruments. Gamblers are interested in staying in the casino, accumulating virtual currencies, and receiving passive income.
Transparent Reward System
This is another reason for the growing popularity of tokenised loyalty initiatives.
Players can check what exactly and how many blockchain points they earned at any time. The service records any changes, including the deposit amount, bet sizes, types of promotions, completed tasks, the number of remunerations received, and other characteristics.
A transparent reward structure performs the following functions:
- eliminates the feeling of “cheating” when iGaming platforms supposedly credited bonuses, but it is impossible to spend them;
- increases the level of trust and motivation (customers know that their activity is directly related to real incentives).
The Choice of a Blockchain
The success of a tokenised program depends on the distributed ledger it is built on.
The most popular options include Ethereum and Solana networks. Each of them has its strengths and weaknesses that directly affect the user experience and the effectiveness of the reward system.
Ethereum: an Industry Standard with Maximum Compatibility
This is the first and most popular blockchain for smart contracts. It became the basis for most tokens and NFTs, including the ERC-20 and ERC-721/1155 protocols.
Today, a huge number of Web3 applications are built on ETH, and every second wallet, exchange, or marketplace supports distributed ledger standards.
The network is highly decentralised and secure. This is especially important for the functioning of online casinos, because this is about money and players’ trust.
To scale Ethereum-based projects, solutions of the second level of complexity (L2) are used. These are Optimism, Arbitrum, Base, zk-rollups, and other protocols. They make it possible to reduce fees and speed up transactions, which is also critical for the iGaming niche.
Advantages of the Bonus Program Rested on ETH
Key advantages of the network include:
- Good compatibility. Ethereum-based loyalty tokens can be immediately integrated with wallets, DeFi platforms, and NFT markets. This makes the system more “real” and increases the value of digital assets.
- High security. Gamblers are confident that their virtual money is protected and can be stored as securely as any other cryptocurrency or stablecoin.
- Possibility of complex tokenomics. It is easy to implement staking, voting, the “levels” of VIP clients, and other mechanics on ETH.
- Support for gasless transactions. Online casinos can take responsibility for paying commissions for transfers. Thanks to this, it will be more convenient for clients to use the system, even if they are not well-versed in this kind of fund.
The disadvantages of Ethereum include high fees in the main network. If you use only the first level of complexity algorithm (L1), then the mass accrual of tokens will be expensive. It is also possible to integrate with one of the second-level solutions, which complicates the creation and support of a tokenised reward program.
Working with wallets and seed phrases, as well as the choice of networks, can also scare off some players, especially beginners. Therefore, operators should think over the UX interface of the gambling portal and add navigation, short instructions, visual cues, etc.
For whom is the Ethereum-Based System Suitable
This blockchain will be the best choice for those entertainment sites that want to create a serious and full-fledged loyalty program. Such a tool will perform the following actions:
- contain DeFi elements;
- have real liquidity of tokens;
- integrate with other Web3 services.
If the operator's task is not just to “accrue bonuses” but to build a full-fledged ecosystem, then the ETH blockchain will be the best choice.
Solana: High Speed and Minimal Costs
This digital asset of a new generation is focused on the transaction rate and low fees. Unlike Ethereum, there is no need for L2 solutions since the entire network works as a single one and has a high bandwidth.
SOL uses the original Proof-of-History mechanism together with Proof-of-Stake, which allows for a quick confirmation of financial transactions. The blockchain also has a strong ecosystem for NFTs, including support for Metaplex and innovative standards.
Advantages of a Tokenised Solana System
Core strengths of the network include:
- Budgetary mass accruals. Online casinos can provide clients with hundreds of bonuses daily. The solution processes thousands of transactions per second, and the fees are so low that they have almost no impact on the profitability of iGaming projects.
- Simple integration. Solana has no complexity levels, so entrepreneurs do not need to switch between networks or use bridges. All functions are combined in one ecosystem, which greatly simplifies the creation of a loyalty program.
- Fast response. Tokens and NFTs are received by casino visitors instantly, sometimes in a matter of seconds. This format is perfect for gamification and entertainment events when it is necessary to quickly attract a new audience.
- NFT badges and achievements. Due to the low cost of transactions, operators can create large-scale collections of “badges” or “player cards”, but without the significant costs of launching a marketing campaign.
Unlike the Ethereum network, Solana has fewer DeFi tools and integrations, which limits the use of tokens outside of virtual casinos. In addition, the blockchain environment has repeatedly faced outages, and although the situation is improving, this remains a serious risk factor for entrepreneurs.
When It Is Better to Use Solana
The system will be an excellent choice for those entertainment platforms that focus on mass loyalty programs with:
- micro rewards;
- fast accruals;
- gamification elements, and other branded features.
If business owners value high speed, easy scalability, and low cost, then Solana will be the most preferable option.
The Main Things about a Tokenised Rewards Program
The bonus system that works on a distributed ledger is an effective mechanism for attracting and retaining a crypto audience.
Key aspects that operators should take into account:
- A digital token-based rewards program is flexible, has various payment options, and is highly secure. The solution provides transparency of rewards, as well as integration with DeFi and Web3 tools.
- ETH and SOL are the most popular blockchains for launching loyalty initiatives. The choice between them depends on the goals of entrepreneurs: to build a serious token economy with deep integration into Web3 or to create a convenient, scalable, and fast bonus system with an emphasis on the user experience.
The Online Casino Market studio supplies advanced solutions for the gambling business. From us, you can order a blockchain portal, crash entertainment, and financial systems with support for crypto payments. We also implement turnkey projects, help with licensing, organise promotion campaigns, and much more.
Check the information used to contact us carefully. It is necessary for your safety.
Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.
Be careful! Our team is not responsible for the activities of persons using similar contact details.