Web3 engineering studio Hxro has been recruited to build a parimutuel, fixed odds, standalone and free-to-play (FTP) games suite for Asian gambling business network NYCE International.
The partnership will be based on a revenue share model that will see Hxro’s range of risk-based products and applications promoted to NYCE business partners.
Hong Kong-based NYCE represents a “select number of intelligent, success-driven technologies and services that deliver measurable revenue growth and operational efficiency to gaming companies.”
Harmen Brenninkmeijer, NYCE CEO, commented: “Hxro is perfectly positioned to provide unique and effective solutions.
“We are always looking for ever more innovative and engaging ways to deliver value to our customers, and as the leading developer of crypto games.”
Hxro seeks to become the leading software developer of risk-based applications built on the Solana blockchain for high-risk industries such as online gambling.
The firm’s applications for derivatives, parimutuel and fixed-odds services are built via native protocols ensuring full transparency of risk-based factors for customers.
Brandt Page, Vice President of Business Development at Hxro Labs, commented on the partnership news: “Hxro is proud to be partnering with NYCE International, who are on a continual quest for the latest ground-breaking gaming concepts.
“We look forward to leveraging the growing reputation that Hxro is building with traditional iGaming operators to help ensure the continued success of our Global Partner Program.”