7 Most Common Cryptocurrency Solutions in iGaming

The gambling industry is growing exponentially globally. In 2019, revenues from gambling reached 468 billion dollars. Betting and gambling online through iGaming isn't too far behind in this trend. Cryptocurrency technology is bringing a new wave of advancements in the iGaming industry. While sometimes used interchangeably, there are several significant differences between iGaming and traditional gambling. iGaming is more accessible than conventional gambling and is available day and night. Furthermore, iGaming offers a variety of currencies to operate with, therefore, cutting…

Why Whales are Crucial to Blockchain-Powered Gambling Apps

Cryptocurrency whales are critical to the survival of blockchain-powered gambling apps, according to recent reports.  DappRadar pointed out that 80% of the value flowing through several decentralized gambling apps on the Ethereum, EOS and Tron networks comes from people with high net-worth. Benefits of  Whales to Blockchain-Powered Gambling Apps Whales exhibit outstanding sensitivity to nascent features on blockchain gambling apps and do not hesitate to leave one another when the likely returns change.  The report noted that without regard to…

Should Online Casinos Include Cryptos in their Modes of Payment?

Cryptocurrency has been around for a decade long. In those years, it has become a universal way to acquire services and goods both online and offline and a very profitable business. Cryptocurrencies have cut across various sectors, and many economic giants across the world are continually looking for new ways to incorporate them.  Currently, almost every casino accepts several different payment methods, including; Visa and Mastercard, while others widely accepted include e-wallets Paypal, Neteller, and Skrill. Some online casinos have…

Gambling Contribution to DApp Growth In 2019

On the 30th of December 2019, Messari Crypto took to its Twitter account to acknowledge gambling’s contribution to dApps growth. Additionally, Ryan Selkis looked into the development and concluded that gambling is the best for the cryptocurrency domain. TRON platform accommodates a significant number of gambling dApps and does play a part in the growth. WINK(WIN) was also among the best because of the distribution of its tokens in an IEO through Binance. The use of tokens in gambling brings…