Crypto Gambling in 2020: What Should We Expect?

Posted on January 2, 2020January 2, 2020 by Laura P.

Happy new year everyone! 2020 is finally here and all you crypto, gambling and technology enthusiasts are definitely on the lookout for some huge developments. Twelve months is, of course, a very long time and a lot could happen in that period especially considering how dynamic everything about those sectors can be. Still, it will be a very interesting journey.

The Rise of Crypto Gambling

Digital currency-based gambling did not kick off in 2019 but the year did see to a number of neat developments in that space. This was fueled by the increasing numbers of mobile and internet users. Moreover, the world seems to be finally warming up to digital currencies. Awareness about the technology is the highest it has ever been. That is the recipe for the growing number of crypto-based gambling platform providers.

While the gambling industry is known for toying with new and innovative technologies from time to time, they may have just hit the jackpot with crypto. Lots of people have begun to understand that crypto payments are secure and extremely fast which makes them great options for gamers. There are hundreds of digital currencies currently available and each of them offers something unique and different. That is just the start though.

Is It Mature Enough?

Gamblers already have access to a number of new crypto-based casinos and they are quite popular among players from all over the world. Now, this has been an eye-opener of sorts to other online gambling operators and they have begun to integrate digital currencies. In 2020, this trend should be even more prominent. Soon your favorite online casino will have a digital currency option for deposits and withdrawals. A few have already gotten on board with this trend.

Payments and banking aside, crypto-based technologies including the blockchain and smart contracts have also evolved tremendously. Most of the efforts in this regard were rather experimental or still in the nascent stages of their implementation. That said, a number of industry experts have confirmed that the technologies are mature enough to be rolled out on wider scales. In the past, the laxity was a little justified since gaming companies were not willing to overhaul their systems and replace it with experimental technology. Not anymore. The ones that hold out too long may even lose out in the long run.

The growth rate of crypto-based gambling solutions is very impressive, to say the least. Improvements will, of course, be necessary but that is a universal law of service delivery. We have already come far enough and there is still a long way to go.

Crypto to Have More Impact on the Future of Online Gambling

Posted on November 2, 2019November 2, 2019 by Laura P.

Over the past decade, cryptocurrencies have, without a doubt, been one of the most influential technologies on the planet. Even though most people may only be aware of a couple of cryptocurrencies and a few rather mainstream applications, there is much more that underlies the industry. These are mostly in niche sectors but they have been significantly impacted nonetheless.

One of the growing numbers of areas where digital currencies and the blockchain are making a wave is in the gambling sector. This is especially true for the online gambling sector. For this piece, we are interested in breaking down some recent developments involving two digital currencies.

BlockchainTRON (TRX) Revolutionary Technology

On online gambling websites, bitcoin still reigns supreme but it has been receiving massive competition from BlockchainTRON (TRX) which is viewed by many to be a viable alternative. That said, as hard it may seem, there is a chance that the digital currency could potentially match up to or even dethrone bitcoin in the online gambling space.

Right off the bat, the TRX project is mainly aimed at ensuring the provision of a decentralized global digital gambling and entertainment system. In its quest to achieve that, it has managed to outshine bitcoin and some other digital currencies in a number of ways including its ability to provide simple and cost-effective sharing of digital content.

Perhaps the biggest advantage that TRX has is the fact that the platform already boasts of having a number of decentralized apps (dApps) on its network. Most of these ones are online casinos with a plethora of casino games that players can dive into.

As such, the future of online gambling will certainly be tied to crypto and blockchain technologies in one way or the other. TRX will definitely be a part of that thanks to its decentralized TRON blockchain platform.

The Rise of Tether

A year ago, Tether was not a very recognizable name, especially among mainstream users. However, things have changed dramatically with some digital currency payment processors revealing that they were recording up to 30 times the number Tether transactions they were processing last year.

Despite the controversies surrounding its use – there are speculations that it is being used to manipulate the prices of other digital assets – Tether actually has so much to offer. Its main selling point is its stability, that is, it was built on the principle of stability with its price being kept at a 1 to 1 ratio with the US Dollar. This is achieved through the use of reserves. It is this feature that has made it so popular among hundreds of merchants including a number of popular online gambling platforms.

In fact, it is being used in place of many other cryptocurrencies which is definitely proof that it might just be here to stay.

Casino Web Scripts Releases Three New Crypto-Themed Games

Posted on August 2, 2019July 31, 2019 by Martin S.

Following the success of Bitcoin Billion, the crypto-themed slot game that it released in 2018, Casino Web Scripts has taken yet another leap by adding three more games to its portfolio. The three new games that the game developer currently has under its belt include a dice game and two tile-guessing games – the latter are very similar to the insanely popular Minesweeper game.

The Dice Game

Casino Web Scripts new dice game is referred to as Crypto Diceometer and it is a provably fair casino game that boasts of a number of mind-blowing features. The game has some pretty simple rules and includes some very smooth and exciting animations which make the gaming experience truly exceptional.

When it comes to gameplay, all that players need to do is guess the correct sum on the dices that pop up on their screens. This sum has to fall within an interval which the player must select before the dice ate thrown. Very simple, isn’t it? For this reason, the game is a great pastime option for just about any kind of player since no gambling skills are required.

The Tile-Guessing Games

The first of the two new tile-guessing games is Rock Paper Scissors Tile-Adventures. In this game, the player is required to select Rock, Paper or Scissors after which they will reveal a tile that they can beat with the selections. Here, the goal is essential to reveal as many winning tiles as possible.

Next, we have the Crypto Persian Prince tile-guessing game. As its name suggests, this unique game comes with an Arabian nights theme that will certainly appeal to any player who looks good-looking titles. The amazing tile-guessing game is all about testing one’s luck – the players are tasked with revealing as many magic lamps as possible without coming across as a thief. If you are lucky enough you might even get to land the game’s huge jackpot.

More to Come

Casino Web Scripts reportedly has plans for even more crypto-themed games especially now that the cryptocurrency market has regained its high value. That said, we can look forward to many new card games as well as a new version of slot tournaments.

This is, of course, going to be made easier due to the fact that Casino Web Scripts has already established itself as a reputable market leader when it comes to the creation of high quality and popular games and software. Its products and services are used by several popular online and mobile gaming companies.

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Tag: online gambling