Is blockchain the future of online casinos?
It is clear that blockchain nations and decentralization do not bypass classic industries such as big gaming online gambling, online casinos, and gambling.
The level of crypto gambling is new and there are already supporters who reject so-called “classical gambling” and only recognize those using cryptocurrencies based on blockchain technology.
Compared to online gambling with fiat money, cryptocurrency sales are still very modest. However, new trends are important and very important to the industry as a whole.
Blockchain Game Popularity Statistics
Online table games and slots are one of the fastest-growing segments in the blockchain industry. According to analytics resource Dapp Review, games make up almost half of all decentralized applications (DEX) on the Ethereum blockchain.
And in the TRON ecosystem, 8 out of 10 apps can be considered as some kind of online casino. By the end of 2019, over $ 3.9 billion of transactions were processed through TRON-based decentralized casinos, accounting for almost 90% of all transactions on the blockchain.
Impact of Cryptocurrencies on the Overall Gambling Industry
Cryptocurrencies have radically changed the number of specific areas of gambling. Many players in countries with strict currency regulations have finally been able to meet their needs without fear or risk of losing money.
In fact, in countries where Vulkan Casino is regulated by law (such as the United Kingdom), player stakes and deposits are artificially restricted. This will lead to the cancellation of the player to the crypto casino segment.
Cryptocurrency enhances casino independence. It has reduced its reliance on regulatory and payment system requirements and created its own game certification similarity as a “guarantee of fairness”.
Therefore, the main reason for choosing Crypto Balkan Casino today is guaranteed payments. The integrity of the service is guaranteed by the use of the blockchain and its data cannot be modified or manipulated for the game club.
No upper limit on wins
There is no developer impact limiting the number of wins and the number of customers who win too much.
Thanks to the advent of cryptocurrencies, competition in the field of online slot game developers have diminished. As a result, major providers that primarily benefit from regulated sites such as NetEnt are ignoring this market segment.
Also, many affiliate programs and brands that are tightly regulated by local licenses and laws are migrating to paid affiliates and traffic providers in cryptocurrencies. This gives them a loophole to avoid the extra attention of inspectors and tax authorities.
All categories of encrypted games, so-called simple games, have arrived. The essence is that players can check their honesty. Of course, most of these games come from classic gambling, but for example, dice are a unique gambling code. You can also earn the casino bonus VulkanBet by playing.
List of other benefits of
– crypto services:
– open statistics.
– Ability to monitor the balance of the casino.
– There are no deposit or withdrawal restrictions.
– Low threshold;
– Casino Bonus Vulkanbet;
– Continuous update of service.
– A wide selection of slot machines.