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Topic: Blockchain gambling are ushering in new development opportunities? - page 2. (Read 1103 times)

hero member
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So do you think that the Blockchain gambling are ushering in new development opportunities?

And what do you think what's happening with blockchain technology in the past 10 years? It's being developed, constantly, 24/7. Exploring new possibilities, trying out all sort of things to find the best possible one. And I speak about entire blockchain, all services are doing that.
Where blockchain gambling was +5 years ago? Yes, we played dices, and only later we have more and more games. What's happening today, take a look what EOS and Tron are doing with their gambling app's, now many blockchain projects allow you to gamble and mine casino token, which you can stake and receive dividends on that.
In many years here I saw many changes, and that will not stop, we will see many more changes in upcoming years, as I said this industry is being developed 24/7. Enjoy the ride and don't be afraid to try new things.

of course, the development is non stop as we have seen the tremendous benefits brought about by this technology. not only in gambling but all other industries. this is the advantage of blockchain tech, you can apply basically to any industry and it is up to the dev how far he can go to integrate this in their system. efficiency and transparency are major benefits for me. we are not yet talking about the transaction speed and fee here.
so yeah, in the years to come, many players will enjoy gambling as they can see if transparency is exercised by the casino. one can always review their code if they want to or check the provable fairness given to the players
We would really expect such thing to happen yet innovation do progress as years passed and now blockchain tech is gradually getting some adoption then it wont really be a surprise that sooner or later we would really see the integration of this tech not only on gambling industry but in others as well.Its no shocker that this one will really get that recognition since we know on how transparency and accessibility works with this one.
For now it might not really be that too popular but we are gradually heading there.Devs will consider on using blockchain tech due to its non beatable capabilities.
hero member
Activity: 3038
Merit: 634
So do you think that the Blockchain gambling are ushering in new development opportunities?
snip..
I realized that Dapps is still very young to be able to change the patterns that are running.
They are young and they can't compete with the casinos that we have. What I see is that it's good that they are there but most gamblers aren't will still choose what we have. I'm not discouraging the innovation but that's the reality that you can observe lately.

Blockchain technology will be used in all aspects of life, not only cryptocurrencies but also all casinos (maybe) will adopt it to keep abreast of developments..
There is no doubt about this. It's happening that blockchain is well taken and adopted gradually and that includes the dapps but it thrives in other aspects and areas.
full member
Activity: 1414
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So do you think that the Blockchain gambling are ushering in new development opportunities?
snip..
I realized that Dapps is still very young to be able to change the patterns that are running..  Blockchain technology will be used in all aspects of life, not only cryptocurrencies but also all casinos (maybe) will adopt it to keep abreast of developments..

I think Dapps are not as famous as the other big casinos operating with crypto which have established a name for themselves.Maybe in the future if Dapps gain in popularity we may really see an increase in adoption from the big players in the market but I am skeptical about such move.
I am very optimistic about the future of Dapps (just my prediction), a group of big players will definitely be interested in this and make Dapps dominate the gambling market..
sr. member
Activity: 2030
Merit: 323
New technologies are always helping to new developments and not just in gambling but everywhere but if those developments are not helping in improving user experience then I believe no such development will persist. People will simply opt to be sticking with what they have been used/got practice to. This is what exactly happening right now with the most of the dapps. There are new developments are happening but unfortunately most of them are not up to the expectation of gambler's in enhancing experience.

I'm not seeing any of new blockchain based gambling are sustaining. They do and come on same pace. Moreover, technology on one particular field is only up to 20% contribution alone. The rest are based on what people demand and how devs try to fulfill them. But, unfortunately in gambling field, gamblers are too busy on trying existing thing which makes them unable to demand for new experiences which eventually impacts on success of new innovations as well.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
So do you think that the Blockchain gambling are ushering in new development opportunities?

And what do you think what's happening with blockchain technology in the past 10 years? It's being developed, constantly, 24/7. Exploring new possibilities, trying out all sort of things to find the best possible one. And I speak about entire blockchain, all services are doing that.
Where blockchain gambling was +5 years ago? Yes, we played dices, and only later we have more and more games. What's happening today, take a look what EOS and Tron are doing with their gambling app's, now many blockchain projects allow you to gamble and mine casino token, which you can stake and receive dividends on that.
In many years here I saw many changes, and that will not stop, we will see many more changes in upcoming years, as I said this industry is being developed 24/7. Enjoy the ride and don't be afraid to try new things.

of course, the development is non stop as we have seen the tremendous benefits brought about by this technology. not only in gambling but all other industries. this is the advantage of blockchain tech, you can apply basically to any industry and it is up to the dev how far he can go to integrate this in their system. efficiency and transparency are major benefits for me. we are not yet talking about the transaction speed and fee here.
so yeah, in the years to come, many players will enjoy gambling as they can see if transparency is exercised by the casino. one can always review their code if they want to or check the provable fairness given to the players
full member
Activity: 1904
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Yes, blockchain technology is bringing new things in the coming days In the meantime, blockchain technology has made the pace of transactions in the crypto market much easier and faster, so the demand for it is growing at a tremendous rate which is why gambling projects are improving It is easy to make a profit from gambling through blockchain and exchanges are being completed very fast.

Transparency is one major factor that blockchain technology is addressing in the gambling industry. With better transparency, gamblers will trust more platforms that use this new technology. At least they are at peace that they are not being screwed by the casino. And this will be an edge over physical casinos, where HE and provably fairness is not very clear and transparent.
sr. member
Activity: 1204
Merit: 270
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Yes, blockchain technology is bringing new things in the coming days In the meantime, blockchain technology has made the pace of transactions in the crypto market much easier and faster, so the demand for it is growing at a tremendous rate which is why gambling projects are improving It is easy to make a profit from gambling through blockchain and exchanges are being completed very fast.
legendary
Activity: 3248
Merit: 1179
So do you think that the Blockchain gambling are ushering in new development opportunities?

And what do you think what's happening with blockchain technology in the past 10 years? It's being developed, constantly, 24/7. Exploring new possibilities, trying out all sort of things to find the best possible one. And I speak about entire blockchain, all services are doing that.
Where blockchain gambling was +5 years ago? Yes, we played dices, and only later we have more and more games. What's happening today, take a look what EOS and Tron are doing with their gambling app's, now many blockchain projects allow you to gamble and mine casino token, which you can stake and receive dividends on that.
In many years here I saw many changes, and that will not stop, we will see many more changes in upcoming years, as I said this industry is being developed 24/7. Enjoy the ride and don't be afraid to try new things.
member
Activity: 1358
Merit: 81
The industry is taking advantage of and promoting the use of cryptocurrencies in online betting platforms that are also available in Android and iOS versions.
Interestingly I saw bplay that has a partnership with Binance. A round business!

A client with better tools, easy, safe and comfortable is a happy client. So, the blockchain and gambling industry is facing great challenges to create its niche adjusting to the time in which we live.
There will be more financial activities that we will do from the palm of the hand and from the comfort of the home and office.
hero member
Activity: 3038
Merit: 634
Casinos are the most profitable dapps on these platforms but for the mobile games, its just something that will not be used by any of us in crypto. Not everyone in crypto is here to play games unless it allows users to earn coins.
I don't even think that dapps that made casinos don't even profit that much. At the beginning when the hype is still there, I think that they are profitable but in the long run the customers are going back to the traditional or common casinos that they used to play.

But to say that they are the most profitable in terms of dapps, there's no counter argument on that because that could be a fact but it doesn't last long compare to the established casinos that keeps on operating and without making themselves as a dapp or going into the trend.
hero member
Activity: 2800
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Casinos are the most profitable dapps on these platforms but for the mobile games, its just something that will not be used by any of us in crypto. Not everyone in crypto is here to play games unless it allows users to earn coins.

Developers have more opportunities in blockchain if they develop useful projects. A browser and games along with it that will just work for the browser may actually be profitable. The works of Brave browser is profitable, its just that they are now owned by binance.
legendary
Activity: 1848
Merit: 1009
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I am sure the gambling blockchain will be increasingly popular in the future, because it is different from the physical casinos in
the gambling blockchain development more likely to develop rapidly. Because the blockchain gambling has many benefits, such
as easy access, maintaining privacy users and most importantly can avoid the spread of the corona virus. Blockchain technology
provides a probability fair in gambling, this is it make the gambling blockchain more desirable.
Setting up an online casino have many benefits like they are easily made, pretty cheap as compared to physical casinos, less staff to hire, etc. Also you can integrate many currencies at the ease of a few changes in the code of the website. Cryptocurrencies also provide pretty fast transactions and are annonymous which are ideal for the people who want to gamble online as many centralised casinos do require KYC to be completed before allowing any withdrawl.
sr. member
Activity: 1876
Merit: 318
I am sure the gambling blockchain will be increasingly popular in the future, because it is different from the physical casinos in
the gambling blockchain development more likely to develop rapidly. Because the blockchain gambling has many benefits, such
as easy access, maintaining privacy users and most importantly can avoid the spread of the corona virus. Blockchain technology
provides a probability fair in gambling, this is it make the gambling blockchain more desirable.
sr. member
Activity: 1400
Merit: 269
Probably the popularity of digital currencies is because blockchain and cryptocurrency is much easy to use and fast compared to traditional gambling where it's centralized, traceable and takes days to transfer your money and usually questioned to where you get that money or worse frozen.
sr. member
Activity: 2338
Merit: 365
...
If the physical casino can evolve their business using the technologies, that will give the benefits for them as they will not just to see the old gambler will visit on their place. They will also see the young gambler who opens the mind with the new technology. That can make their business grow than the other casino place, and maybe they can get more members who join with them.
I very agree with you...
adjusting or renewing their business with new technology is something every physical casino must do to survive or attract young people, we know that young people are very hungry for technology and will feel very old school if the physical casino survives the old way.
hero member
Activity: 3052
Merit: 651

   Reid I understand you, I don't think physicial casinos will stop to exist, that will never happen! But easy access is
good too, for older people like me. I don't wish to get out from the house, to get in the car and drive to casino, where I
can't drink and have fun because I drive. To pay taxi is unnecessary expense. I enjoy to play from home when I have
some free time and few dollars to spend on gambling.
   Friendships are made in chat. I don't chat too much when I gamble, and not every online casino have chat, but
I read what they wrote, how they tip each others after some big wins. It's not the same, but it's something people
care about obviously.

It's great that it works for you.
It does with me too. I think what I am trying to say is something is missing.

Socializing personally. Sharing ideas on how to defeat the house. Teaming up.
In poker tournaments, I used to do that.
Teaming up with someone so that we will be the last 2 standing.  Grin
Those kinds which you could not do with online gambling. It's difficult to put it in words.  Grin
sr. member
Activity: 1274
Merit: 261
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Now, it is being practical since we don't want to be infected by the virus.
But look, there is so much fun when you are in a physical gambling casino.

Statistic as you say it. That is now and perhaps online gambling might really win because it can easily be accessed even by kids nowadays unlike with casinos that have an age restriction.
I still prefer the fun of having the physical talk with people. I am not that old but socializing is really different. It is not just about gambling all the way, friendship inside happens too.

   Reid I understand you, I don't think physicial casinos will stop to exist, that will never happen! But easy access is
good too, for older people like me. I don't wish to get out from the house, to get in the car and drive to casino, where I
can't drink and have fun because I drive. To pay taxi is unnecessary expense. I enjoy to play from home when I have
some free time and few dollars to spend on gambling.
   Friendships are made in chat. I don't chat too much when I gamble, and not every online casino have chat, but
I read what they wrote, how they tip each others after some big wins. It's not the same, but it's something people
care about obviously.
legendary
Activity: 3248
Merit: 1402
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I think Dapps are not as famous as the other big casinos operating with crypto which have established a name for themselves.Maybe in the future if Dapps gain in popularity we may really see an increase in adoption from the big players in the market but I am skeptical about such move.
Agreed. Dapps seem like another ting of the past which looked exciting back when altcoin projects flourished but failed to become attractive enough for users. I've seen different dapps over the years, but now I wouldn't be able to name a single one. I think the problem is that it's easier to use a reputable centralized casino rather than a barely known decentralized app because smart contracts can be a pain. It's not as user-friendly, and while they cannot scam you, there might be critical bugs that make this fact quite useless. Maybe we'll see the rise of decentralized apps in the future, I don't know, but it does not seem likely to me.
hero member
Activity: 3052
Merit: 651
I agree with you but I really think physical casinos are going to evolve in the coming years. You'll have QR-codes on every slot machines that will allow you to check the provably fairness of the game, or even a button for displaying those informations on a small screen.
If the physical casino can evolve their business using the technologies, that will give the benefits for them as they will not just to see the old gambler will visit on their place. They will also see the young gambler who opens the mind with the new technology. That can make their business grow than the other casino place, and maybe they can get more members who join with them.

    Statistic is clear here, more people is interested in online gambling than offline. That affects physical casinos,
and they need to find a way to attract people somehow, or they will lost this race.
    And I think this is a race for users, both physical and online casinos are offering all kinds of promotions
just to be thier user. I give advantage to online crypto-gambling, as I am using that. And I will not change my
mind, and younger people enjoy more in online activites in general, so they will choose online over physical
casinos.
Now, it is being practical since we don't want to be infected by the virus.
But look, there is so much fun when you are in a physical gambling casino.

Statistic as you say it. That is now and perhaps online gambling might really win because it can easily be accessed even by kids nowadays unlike with casinos that have an age restriction.
I still prefer the fun of having the physical talk with people. I am not that old but socializing is really different. It is not just about gambling all the way, friendship inside happens too.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
I agree with you but I really think physical casinos are going to evolve in the coming years. You'll have QR-codes on every slot machines that will allow you to check the provably fairness of the game, or even a button for displaying those informations on a small screen.
If the physical casino can evolve their business using the technologies, that will give the benefits for them as they will not just to see the old gambler will visit on their place. They will also see the young gambler who opens the mind with the new technology. That can make their business grow than the other casino place, and maybe they can get more members who join with them.

    Statistic is clear here, more people is interested in online gambling than offline. That affects physical casinos,
and they need to find a way to attract people somehow, or they will lost this race.
    And I think this is a race for users, both physical and online casinos are offering all kinds of promotions
just to be thier user. I give advantage to online crypto-gambling, as I am using that. And I will not change my
mind, and younger people enjoy more in online activites in general, so they will choose online over physical
casinos.
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