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Author Topic: Why Bitcoin Gambling and E-Gaming Are on the Rise  (Read 77 times)

secco

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  • Why Bitcoin Gambling and E-Gaming Are on the Rise
    « on: July 29, 2020, 08:08:13 PM »
    Why Bitcoin Gambling and E-Gaming Are on the Rise:
    https://bitcoingarden.org/why-bitcoin-gambling-and...

    Last week, the top five gambling dApps tracked by DappRadar accumulated almost $40 million. Coupled with calls by the American Gaming Association (AGA) for the introduction of cashless casinos, and the recent legalization of sports and casino betting in several U.S. states, one conclusion is undeniable: the future is looking very rosy for crypto gaming.

    Blockchain’s ability to facilitate immutable transactions and direct-to-wallet withdrawals, all without the need for a middleman, have made it an ideal ally of e-gaming. Whether you want to play card games or slots, or make a wager on sport – including e-sports – the options are plentiful. Especially if bitcoin gambling is your preference.

    Blockchain is often touted as a means of refining legacy systems in multiple industries. The technology is best known for, and indeed synonymous with, bitcoin, which finished the 2010s as the best-performing asset by a considerable margin.

    Of course, blockchain has also been put to use elsewhere: in global supply chains, fundraising, digital identity management, healthcare, food safety, intellectual property – the list goes on. Momentum is steadily building among governments to pursue blockchain-centric policies, with the European Commission recently expressing interest in a legal and regulatory framework for digital assets and smart contracts. Various blockchain projects are already funded under the EU’s budget....
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