Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, March 29 2022 - 09:15
AsiaNet
The New Project FoggyStar Raises $5 Million Investment
NICOSIA, Cyprus, Mar. 29, 2022, /PRNewswire-AsiaNet/--

The FoggyStar.com project received a $5 million investment from Canadian and 
Japanese investors. The funds are aimed at the crypto casino brand development 
and the design of its own token, that will be used to create innovative 
products for the iGaming industry.

Photo:   https://mma.prnewswire.com/media/1774041/FoggyStar.jpg
Caption: FoggyStar Crypto Casino 

The crypto casino was launched at the beginning of 2022. The alpha version of 
the product already has a large library of crypto games developed by famous 
game providers such as NetEnt, Play’n GO, Pragmatic Play, and a bonus program 
specially designed for the crypto community.

At the same time, the company plans to create additional features for casinos 
so that all components of future products work as openly as possible and use 
blockchain technologies at their core. This approach will significantly scale 
the audience, increase user engagement and the level of trust in the casino and 
iGaming industry. Blockchain makes the entire gameplay and algorithms "under 
the hood" transparent: transactions and actions of both the player and the 
casino are displayed in a public ledger.

"We strive to create not just a product, but to follow the industry trends, 
while bringing the interests of our target audience to the forefront. The 
project is focused on the users and the security and transparency of the 
infrastructure that surrounds them. Our team aims to improve the project using 
innovative technologies and methods that will lead to a completely new game 
experience," – Foggy Star [ 
https://foggystar.com/en?utm_medium=email&utm_campaign=FoggyStarCasino+] team.

The company expects to be one of the first to create an iGaming casino in the 
metaverse. It is assumed that the project will significantly change the idea of 
how the casino will work in the future. It will also become an impetus for the 
evolution of technology, as well as increase target audience engagement and 
simplify various processes.

"In the course of 2021, the Metaverse will be widespread and become a utility 
for the human co-experience. People will meet not only to play a game, but also 
to watch a new movie trailer or laugh at a user-generated video," - David 
Baszucki, CEO of Roblox Corporation, told Wired in an article. 

SOURCE: FoggyStar