Alphaslot CEO Raymond Chan spoke at the Distributed 2018 conference on July 20 in San Francisco, sharing his insight on Alphaslot and how he believes it will transform casino gaming.
This project, leveraging blockchain technology to tokenise casino gaming, features a team of global technical experts, thought leaders and ecosystem builders.
Chan participated on the panel “Tokenizing Business Models”, where he discussed the role of tokens playing in Alphaslot’s business model and the utilisation of reverse-ICO application. The panel also discussed token economy value, token function as a payment tool, and how token price fluctuation impacts businesses.
Chan said: “In recent years, blockchain technology is maturing and has been put to a wide variety of uses in several industries. In the future, the sustainable development of this technology will focus on project application and its related economic benefits. High value-added industries, such as gaming, will contribute more to the development of blockchain technology due to its high economic efficiency.
“In the Alphaslot project, the token economy reach starts from the point of game design and playability. The future of the project will expand the ecosystem from the gaming floor out to ancillary leisure services including hospitality, entertainment, F&B, and continue expanding to transportation services and retail further down the line.”
