In a sector like iGaming, few people have had a front‑row seat to the rise of crypto casinos quite like Adar Ziv. After years inside iGaming, he launched fam, a growth network built to connect the industry’s most ambitious operators, builders, and investors. In this conversation, he breaks down what’s driving the shift to mainstream, what founders keep getting wrong, and what actually makes a project worth backing.
Magda Klimko-Aydin :
Adar, you spent many years in iGaming before launching fam, a crypto iGaming growth network. What was the moment you thought this industry needed something new?
Adar Ziv :
The crypto iGaming industry is growing very quickly. There’s a lot of innovation happening across operators, content, and marketing, and the landscape is evolving constantly.
During 2025 I connected with dozens of crypto casino operators and founders. Many of them are very smart and creative people entering the industry with fresh ideas. But because the space is moving so fast, it can also be difficult to navigate. Many of these founders don’t yet have the experience or the network that can help them expand, scale, and grow their business.
That’s what led me to the idea of starting fam — a crypto iGaming growth network where operators, service providers, and investors can connect, share knowledge and experience, and help each other grow.
Magda Klimko-Aydin :
How would you describe what fam does to someone who’s a VC that has never placed a bet in their life?
Adar Ziv :
Go‑to‑market research and immediate quality connections. Simply put, fam is quickly becoming the go‑to place for navigating and building within the crypto iGaming ecosystem.
In the last 12 months I’ve spent a lot of time speaking with operators, service providers, investors, and other participants across the industry. Through that, I’ve developed a good understanding of who is building what, what their strengths are, and where they fit in the ecosystem.
So whether someone is entering the space, expanding an existing project, launching a new feature or service, or exploring a new vertical, fam’s network can help connect them with the right people.
Instead of spending months trying to figure out the landscape, we’re able to make high‑quality and relevant introductions that help people move faster and build the right partnerships and collaborations.
Magda Klimko-Aydin :
The crypto casino ecosystem has gone from a regulatory grey area to mainstream in 2026. From where you sit, what’s actually driving that shift?
Adar Ziv :
I think a few things are driving this shift. First, the broader crypto ecosystem has matured a lot over the past few years. More people are comfortable using crypto, wallets and payment infrastructure have improved, and the overall user base has grown.
At the same time, within crypto iGaming itself we’re seeing new operators and new founding teams entering the market almost every week.
Many of them are very creative and motivated to build something different.
Of course, there is still some copying of existing models, but we’re also seeing real innovation happening across the board. And this innovation isn’t only happening on the operator side — the new crypto casinos — but also on the content side and the marketing side, with new products, new initiatives, and new services entering the ecosystem.
Overall, the industry is becoming more sophisticated, more competitive, and more visible, which naturally pushes it further into the mainstream.
Magda Klimko-Aydin :
If someone would like to launch a crypto casino, what would be your checklist for them before they get started?
Adar Ziv :
Before you get started, the most important thing is to learn as much as you can about the competition and the landscape.
Get your hands dirty, so to speak. Try at least 10, 15, or even 20 different crypto casinos. Sign up, play, spend some money, and see what the experience is like. Look at the communications you receive from these casinos. Go on X and Discord and see how they market and target their audiences, and how they manage their community. Find out as much as you can about the ecosystem before deciding how you want to go to market — whether you build something yourself or use a white‑label solution.
Magda Klimko-Aydin :
You’ve been very active on LinkedIn about what makes or breaks an iGaming startup. So from the funding side: what’s the pitch that actually works right now? What are investors looking for?
Adar Ziv :
There’s no single answer to that, but from my experience what appeals most to investors is a strong team. It’s important that it’s not just one founder but several co‑founders — a team of three to five people who are experienced, smart, and able to pivot quickly and stay agile.
The second most important thing is the product: some experience with building products, launching them to market, acquiring users, and retaining them.
So in short, the two most important things are team and product.
Magda Klimko-Aydin :
When a pitch deck lands on your desk, what are the first things you look at? And what’s the one thing that immediately makes you close the deck and move on?
Adar Ziv :
I think it comes down to three things: the concept, the product, and the execution. First is the concept — is there a clear idea behind the project and some element of innovation, or is it just another copy of what already exists?
Second is the product itself. Is it well built, does it offer a good user experience, and does it actually create value for players?
And third is execution. This industry is extremely competitive, especially when it comes to marketing and user acquisition. Teams need to be able not only to launch a product, but to grow it, build a community around it, and sustain it over time. Projects that succeed usually get all three right — the concept, the product, and the execution.
Magda Klimko-Aydin :
And for a VC looking at this sector seriously, what separates a project worth backing from one that’ll be gone by the end of the year?
Adar Ziv :
Again, a serious team and good product. These are the two most important factors.
After that, most investors are looking for some early signs of traction, showcasing the team’s ability to take a product to market, market it effectively, carve out a niche for their product amongst “a sea of sameness”, as Martin Varrand put it so well, and be able to differentiate their product and its unique tone of voice and presence.
Magda Klimko-Aydin :
Where do you think the crypto iGaming space is headed in the next few years?
Adar Ziv :
It’s hard to say exactly what will happen, but one thing we’re already seeing — and will continue to see during 2026 — is young teams launching new casinos and creating new content. I think we’ll see a lot of disruption in content creation over the next few years.
New crypto casino operators will start owning more of the content side of the business. Instead of relying on big game studios, they will increasingly build their own proprietary content. So we’ll see much more of this over the next 12 to 24 months.
Magda Klimko-Aydin :
Thank you for the conversation, Adar!
Over to You: A big thank you to Adar Ziv for sharing his perspective on crypto iGaming growth, startup execution, and the network behind the next wave of crypto casinos. His insights show why strong teams, sharper products, quality connections, and clearer market positioning matter as the sector becomes more competitive.
Stay tuned for more expert conversations in our Ace Alliance interviews, where we continue to explore the people shaping the iGaming industry.