MIAMI--(BUSINESS WIRE)--MyPrize, the first ever multiplayer online casino, today officially announced its launches in select international markets in tandem with MyPrize US, the social gaming platform for US users. MyPrize combines the energy and high stakes excitement of online gambling with the personal interaction and community elements of social media and live streaming. The novel online casino will allow players to chat with their friends and stream themselves playing through MyPrize’s innovative Bet Together technology, which allows creators to engage directly with their fans.
Starting today, players can assemble a group of friends or join their favorite online streamer on MyPrize to play casino mainstays including blackjack, slots, roulette, Plinko, scratch cards, crash, mines, and more. Over 150,000 users have already signed up for MyPrize and MyPrize US during the early access period in anticipation of the platforms’ launches.
“We’re bringing all of the energy of a live casino online,” said MyPrize founder and CEO Zach Bruch. “Not just gambling – the social interaction and bonding, the larger than life activations and celebrities – we’ve designed MyPrize to feel like walking down the Las Vegas Strip or stepping into a VIP room in Macau with your friends at your side.”
The 31.3% global gambling revenue reduction experienced during the pandemic, which forced many casinos to enforce social distancing requirements, exposed the importance of social interaction when it comes to gambling. While online gambling is on the rise, surging to a record 24.6% penetration rate in 2023, MyPrize becomes the first platform to combine the convenience of online gambling with the social elements of a live casino.
Beneath all the spectacle, the MyPrize platform includes valuable tools that will help creators monetize their content and appeal to new audiences. MyPrize’s first-of-its-kind system allows creators on the platform to host dedicated rooms for their community to watch livestreams, while actively interacting and playing alongside them. The new style of multiplayer gaming allows fans to actively participate and share every win and loss with their favorite creator or celebrity.
On MyPrize, creators’ earnings are never capped and they are no longer beholden to ad sales. Like other platforms, steamers can generate profits by onboarding new users, but on MyPrize they continue earning, reaping rewards for interacting with their community and keeping them engaged. Creators are rewarded for doing what they already do best: building their community.
“MyPrize is a platform that leans into the strengths of online communities – these massive communities that have managed to forge deep interpersonal connections within message boards and chat rooms,” said Zach Bruch, “I can’t wait to see what these creators can accomplish with tools built specifically for them that let them interact with their fans on a new, deeper level.”
At launch, MyPrize has assembled a roster of popular creators including TSteezy, Solace, Atomic, AsianAndy, WesBTW, and KingWoolz, in addition to partnerships with creators from the premier lifestyle brand and gaming organization 100 Thieves, among others.
MyPrize users will be able to withdraw their in-game USD to cryptocurrency and MyPrize US users will be able to enter a sweepstakes for the chance to win real prizes, including cryptocurrency. MyPrize aims to be a major driver for onboarding new users into the Web3 ecosystem. The company hopes to leverage its large scale activations, including partnerships with celebrities, streamers, and major brands, to bring mainstream visibility to the crypto space and attract an increasingly diverse range of users.
About MyPrize
MyPrize is an all-new online crypto casino enabling novel multiplayer experiences. MyPrize offers a unique platform where players can play directly alongside their favorite creators and friends, allowing them to play with broader communities for the first time. MyPrize transcends boundaries, and gives players and fans what they have been desperately craving, a unified open platform that combines the best of both online gaming and streaming.
MyPrize is backed by world class investors across the casino, tech, and crypto industries. This makes MyPrize one of the first companies in the online casino industry with leading Silicon Valley investors. Players can visit MyPrize.com outside of the US to enjoy the crypto casino games or MyPrize.us in the US to play the free-to-play social sweepstakes casino games. Follow MyPrize on X.
