SA StartUp DAMREV Partners With Doublejack To Tokenize iGaming Assets
SA StartUp DAMREV Partners With Doublejack To Tokenize iGaming Assets. DAMREV and doublejack are exploring a partnership to tokenize iGaming assets. This initiative is poised to lead to full-fledged digital banking and insurance solutions, incorporating ISO 20022 compliant wallets and precious metal-backed tokens, aligning with the global trend towards setting a gold standard.
DAMREV, a leading Real World Asset (RWA) Tokenization company, is excited to announce a strategic partnership with doublejack, a fast-growing and popular iGaming and AI-powered SaaS performance marketing platform, operating in over 190 countries to date. This groundbreaking initiative aims to revolutionize the iGaming industry through blockchain tokenization, creating new investment opportunities and driving significant growth.
doublejack’s unparalleled SaaS performance marketing technology platform provides lifetime follower targeting, identification, exciting engagement, multiplication, and exclusive and compounding monetization in a legally safe environment for sports teams with large audiences. Contrary to any other existing income streams of the teams, the follower monetization program is fully pandemic and economic crisis-proof.
doublejack shares up to 75% of its revenue with partnered sports teams for a lifetime, allowing fully democratized access to the growing trillion-dollar industry of iGaming in a globalized world, where only a third of its population is iGaming banked so far.
The tokenization of doublejack by DAMREV aims to raise funds for partnership and sponsorship opportunities with various top sporting teams in football and other sports, as well as to expand doublejack’s offerings into a holistic digital banking solution. This solution will utilize digital wallets and debit cards linked to users’ portfolios, further enhancing the platform’s capabilities. The integration of these advanced financial tools will provide doublejack users with seamless, secure, and efficient ways to manage their winnings and commissions and real-time cross-border transactions. Users will benefit from greater financial flexibility and security, enjoying the convenience of having their gaming assets integrated into a comprehensive digital banking system while receiving instant payouts the moment winnings or commissions happen. Further fintech modules, such as their own insurance products which naturally complement banking, are already in the development stage.
“We are excited to partner with doublejack to bring the advantages of blockchain technology to the iGaming industry in an already successful global business case,” said Duane Herholdt, CEO of DAMREV. “Our goal is to empower a diverse group of investors and drive sustainable economic growth through this innovative approach, while also supporting major sporting teams and expanding digital banking solutions.”
doublejack will be introducing an innovative digital currency designed to transform the entire online gaming landscape and being the core for its real-time cross-border payments solution in all existing FIAT and cryptocurrencies based on the business or private users’ particular individual requirements. There will be a limited supply, ensuring exclusivity and strong potential for value appreciation. Part of the tokens will be backed by precious metals, adding a tangible asset base to the digital currency, making it digital money in its most recognized sense and quite literally setting a new gold standard. This combination creates a compelling value proposition for investors. As a doublejack token holder, investors will be part of a dynamic ecosystem where the odds are always in their favor, gaining access to a robust and forward-looking financial instrument within one of the fastest-growing companies in performance marketing.
DAMREV will also provide doublejack with ISO 20022 compliant non-custodial wallets for their user base to further enhance real-time payouts and the flow of funds. Additionally, there will be a unique token design mechanism incorporated where a portion of the tokens are backed by tangible assets like precious metals. The details of this will be finalized with strategic partners over the coming weeks. “We are thrilled to partner with doublejack, harnessing blockchain to revolutionize iGaming and digital banking in its most obvious combination. This initiative will drive unprecedented growth and offer exclusive investment opportunities.” – Duane Herholdt, CEO of DAMREV.
doublejack is known for its strategic significance and market presence in the iGaming and performance marketing industry. By partnering with DAMREV, doublejack aims to increase operational efficiency and funding opportunities, benefiting both the company and the broader investment community by expanding the services of an already successful business. The project’s implementation will involve collaboration with leading industry stakeholders to ensure that the benefits of tokenization extend to all participants.
