Play Roulette, Coin Toss, and Dice on BetSwirl with jFIATs
November 24th, 2022

We are excited to announce our Jarvis Synthetic Euro stablecoin (jEUR), and Jarvis Synthetic Mexican Peso (jMXN) can now be used to play Roulette, Dice, or Coin Toss, thanks to our new partner BetSwirl! BetSwirl is a web3 online casino leveraging Chainlink VRF to generate randomness, live on Polygon, BNB Chain, and Avalanche. BetSwirl vision is to bring fairness and transparency to the nascent decentralized crypto-currencies betting and gaming vertical. Adding jEUR and jMXN is the first step towards making their platform more accessible and feature-rich.

BetSwirl, the decentralized gaming platform!

BetSwirl is a decentralized online gaming platform: it is non-custodial, provably fair, and trustless! Users can play games like Roulette, Dice, or Coin Toss directly from their wallet and can rest assured that games are fair! BetSwirl achieves this by using the Chainlink Verifiable Random Function (VRF) and not being the counterparty of bets.

Chainlink’s VRF is a provably fair and verifiable random number generator that enables smart contracts to access random values without compromising security or usability. 

In BetSwirl, users play against bankroll owners. The latter are the “houses": they deposit funds into their bankroll, which receives players' losses and pays winners. They have a statistical advantage since they also receive a commission on the winning bets, called the “house edge."

BetSwirl has built an engaging gaming platform with innovative gameplay to bring its on-chain casino experience to many and has joined forces with Jarvis to achieve this!

BetSwirl and jFIATs

BetSwirl has recently added jEUR and jMXN, allowing Jarvis users to access a gaming platform where they can gamble with their stablecoins. Eventually, the Jarvis protocol’s treasury would become a bankroll owner and allow its users to become co-owner. 

Adding Jarvis stablecoins also allows BetSwirl to onboard new users within the ecosystem and retain them by providing the same experience they are used to in the off-chain world (playing with Euros, Pesos, etc.). 

Eventually, since jEUR and jMXN both have a fiat on and off-ramp, it allows users to access the BetSwirl gaming experience from their bank account easily!

Moving forward, Jarvis plans on having more jFIATs added to the platform to offer more options to players worldwide!

Play with jEUR and jMXN

You can play Roulette, Dice, or Coin Toss with jEUR or jMXN on the BetSwirl app: https://app.betswirl.com/dice by selecting “jEUR” or “jMXN” in the drop-down menu under each game.

Pascal, Jarvis Network founder:

“Online gambling is huge! It may be the most natural way to bring millions of new users on chain and into the metaverses! I am happy to help BetSwirl be more accessible by allowing users to bet using their local currency!"

Romuald, BetSwirl founder:

"Web2’s user onboarding path is even easier with Jarvis synthetic stablecoins; listing these jFIATs on BetSwirl is another path toward easing the user experience!"

About BetSwirl

BetSwirl aims to be THE decentralized gambling platform: provably fair, non-custodial, licensed, trustless, and community-driven.

While traditional blockchain casinos target the gambler's demographic, BetSwirl aims to bring innovative gameplay with storytelling coupled with eye-pleasing and creative designs.

About Jarvis Network

Jarvis Network is a set of protocols and applications on EVM-compatible chains to bridge legacy and decentralized finance (DeFi). Its mission is to build an infrastructure layer that anyone can leverage to develop use cases facilitating the adoption of DeFi. Its first protocol, Synthereum, allows anyone to issue, borrow and exchange non-USD synthetic fiat currencies (jFIATs). Synthereum’s core module pioneers an innovative and capital-efficient on-chain Forex market powered by Chainlink price feeds, from which jFIATs derive their liquidity and peg. The protocol enables multiple use cases such as credit without currency risk, exposure to various currencies, access to on-chain liquidity, international and domestic payments, etc.

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