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SOFTSWISS Expands Into Web3 With Playnance Partnership

Coingapestaff
2 hours ago
Coingapestaff

Coingapestaff

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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SOFTSWISS enters Web3 through Playnance partnership

Highlights

  • SOFTSWISS expands into Web3 by integrating sportsbook systems with Playnance.
  • PlayW3 rollout enables on-chain betting with transparent user interaction models.
  • Integration shifts gaming to decentralized systems with reduced intermediaries.

SOFTSWISS is expanding into the Web3 space through a new partnership with Playnance, integrating its sportsbook technology into blockchain systems. The move connects traditional gaming infrastructure with on-chain execution. The collaboration enables access to millions of sports and esports events while changing operations toward decentralized sectors and non-custodial interaction models.

SOFTSWISS Integrates Sportsbook Into Blockchain System

SOFTSWISS now connects its sportsbook infrastructure with Playnance’s blockchain-based platform. According to Playnance in an X post, this integration allows its real-time data feeds and betting systems to function within an on-chain environment. As a result, users can interact with sports markets without relying on off-chain settlement systems.

Previously, most iGaming platforms depended on centralized systems for processing and settlement. However, this integration removes that dependency by enabling direct blockchain execution. As a result, transactions and outcomes occur within the same decentralized framework.

Additionally, SOFTSWISS brings scale into the partnership. The company supports over 1,400 gaming brands and employs more than 2,000 professionals globally. This existing infrastructure allows it to extend services without rebuilding core systems.

PlayW3 Rollout Introduces On-chain User Interaction

The SOFTSWISS rollout begins on PlayW3, where users can engage with live sports and esports events. Participants can make predictions and receive rewards using $GCOIN, which went live on MEXC recently, as CoinGape reported. This setup introduces a blockchain-based alternative to traditional sportsbook engagement.

In addition, the system handles high-frequency interactions similar to conventional platforms. It processes large volumes of user activity while maintaining blockchain transparency. Therefore, users can track outcomes and transactions directly on-chain.

Also, this approach aligns with growing demand for visibility in gaming operations. Users increasingly expect clarity in how platforms process actions and distribute rewards. The PlayW3 rollout addresses this requirement through its execution model.

New User Models

The partnership also shows a broader change in infrastructure design. SOFTSWISS adapts its backend systems to support decentralized interaction without replacing its existing framework. This method allows the company to test new models while maintaining operational continuity.

Meanwhile, the integration introduces new ways for users to interact with gaming systems. Blockchain execution reduces friction by removing intermediaries and streamlining processes. As a result, the system combines traditional performance with decentralized structure.

Additionally, the collaboration indicates how established platforms can expand into emerging environments. By connecting with Playnance, SOFTSWISS extends its reach into markets where blockchain adoption continues to grow.

The integration additionally focuses on transparency and system visibility. Blockchain-based execution provides a clear record of transactions and outcomes. This structure supports consistent tracking of user activity across the platform.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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