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Former Technical Consultant Daniel Keller stepped in to replace the previous CEO and Matthew Cheetham joined the team as Chief Operations Officer. Earlier this year CasinoCoin made the transition from its existing blockchain onto the XRP Ledger. This is a significant milestone in the development and evolution of CasinoCoin. It will now function as an asset on the XRP Ledger, which makes it susceptible to governance rules imposed by the XRPL labs.<br><br>The new centralised approach will increase transparency and speed for players while reducing the cost for operators. This will also permit the development of new features and products. This will include a new Lobby xApp that simplifies the signup and provides a convenient method of monitoring expenditures for several operators.<br><br>The CasinoCoin community continues to grow. The coin's Discord community has doubled and its Twitter followers have increased dramatically. 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It has a maximum supply of 65 billion CSC tokens. Its price is highly fluctuating and varies according to market conditions. At present, the CSC price is $0.000099 per coin.<br><br>The platform was created by Matthew Cheetham, the CasinoCoin platform offers a range of benefits for both users and casinos. Its speedy and secure payment system lets players deposit and receive withdrawals without the need for third party intermediaries. It also eliminates chargebacks, thereby saving businesses approximately 1% of the total deposits per website.<br><br>CasinoCoin is not only a cryptocurrency that can be used for online gaming but also has a range of other uses. This includes payments at offline casinos, as well as live dealers for games like blackjack and roulette. CasinoCoin's creators hope to expand the use case for this cryptocurrency in the coming years. 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Unlike other cryptocurrencies that are based on a different blockchain to verify transactions and prevent money laundering and fraud. Furthermore it is an open source project that permits anyone to participate in its development.<br><br>CasinoCoin’s new leadership team will steer the company in a specific direction. The company's former Technical Consultant Daniel Keller, will become Chief Technical Officer and be supported by Matthew Cheetham, who will be in charge of the operational side of the business. Eminence Ltd., based on the Isle of Man, has replaced the foundation that had previously was in charge of this project.<br><br>The team plans to rebrand the CasinoCoin token in November 2020 from CSC to XRPL. However, they will continue to refer to it as $CSC for simplicity on Twitter and this article. Its inclusion on the XRPL ledger will make it easier to integrate with hardware wallets and exchanges and make it a more accessible cryptocurrency.