Blockchain technology in gambling – CryptoMode
Blockchain technology has truly changed the world of online gambling. Thanks to the many benefits of the distributed ledger, players can now enjoy a safer gaming environment, instant banking and top privacy. In addition, the blockchain has given rise to many new games. More diversity means more entertainment. On top of that, crypto casinos offer some of the best bonuses.
How is blockchain technology used in casino games?
Blockchain technology is versatile and can be used to revolutionize many industries. However, casino gaming is one of the markets that has changed radically since the early days of the decentralized ledger.
Crypto gambling sites were extremely brave and quick to adopt blockchain when it emerged. Interestingly, the interweaving of the two businesses has created a synergy of high value for all participants.
More players prefer bitcoin gambling to traditional online casinos
The blockchain brings several advantages to the casino industry that other technologies have failed to achieve in the past.
The decentralized ledger solves one of the most serious online casino problems – that of security breaches. Because blockchain works without the need for intermediaries, casinos can now successfully eliminate third parties to create a safer environment. Transactions are carried out using smart contracts that ensure fairness and protection to all participants.
Fully traceable on the blockchain
All the information about a given transaction is recorded and stored on the blockchain. In other words, hackers cannot steal your data. Moreover, online casinos often operate on free open source platforms that guarantee the transparency of transactions. In other words, players can track their money at all times.
Innovative games that are provably fair
Last but not least, the blockchain provides a more diverse, entertaining gaming experience. It has inspired the creation of a number of game formats with unique and fair play.
Blockchain casino: the future of online gambling or a short-term trend?
The blockchain has been around for quite some time already, and hardly anyone still doubts the viability of the decentralized ledger. Cryptocasinos are a relatively new phenomenon. That’s why some skeptics still see them as a hype rather than a long-term trend.
However, online gambling experts have a different opinion. Extensive research has been conducted to determine future trends in the ever-rapid development of online gambling. Among the results of the analysis is a solid expectation that the blockchain casino niche will continue to grow. Data shows that it will even prevail in the market at some point.
The reasons for this conclusion are not surprising. Both players and operators prefer cryptocasinos for several reasons. For businesses, the benefits are obvious. Cryptocurrencies are becomes more popular during the day. Most of the top coins are already stable and predictable enough, so they can be considered a good source of income. Also, cryptocurrencies allow bypassing local money restrictions, thus allowing more users to access online casinos.
Players, on the other hand, love Bitcoin casinos because they are safe, offer many games and provide fast withdrawals. On top of that, the best crypto gambling sites are full of excellent bonuses and promotions. You can get lots of extra money and free spins regardless of whether you are a new player or an existing subscriber.
Given all the above advantages, it is obvious that blockchain casinos are here to stay. The decentralized ledger has made online gambling safer, more accessible and more convenient and fun.
Some of the best blockchain games
One of the most exciting developments blockchain brought to the casino world is the fresh range of crypto games.
Aviator by Spribe
Blockchain crash games are some of the most popular games at Bitcoin casinos. This is because they are easy and fun to play and are provably fair, that is, you can check if the casino is cheating. Most crash games have flying planes. Sribe’s Aviator is probably the most popular flight themed crash game of the moment.
It is a social multiplayer game with an increasing multiplier. Your goal is to bet on the basket and cash out before it crashes. This game is very old, dating back to the beginning of video gaming. Scribble made a smart move to bring it to cryptocasinos and it has been a total hit ever since. Aviator can be played on all devices and features in-game chat, live games and live stats.
Football Manager by Evoplay
Soccer is the most popular sport in the world. Therefore, it is no wonder that the leading provider Evoplay decided to bring this famous game to blockchain casinos by creating Football Manager. Football Manager is a multiplayer crash game where you compete with other gamblers to sell the services of your footballers.
Just like any football manager in real life, you have to participate in player exchanges. The game offers handy graphics to monitor your progress. It is also lightweight and runs on all kinds of desktop and mobile devices. Football Manager has a fantastic auto-play feature and is easily customizable.
Book of Pyramids slot by Bgaming
Bgaming’s Book of Pyramids is a top quality slot with a 5×3 grid and 9 paylines. It has an impressive RTP of 97.31% and a medium variance. The highest payout is a massive 9999x the stake.
As evident by its name, the slot’s theme is dedicated to the treasures and mysteries of ancient Egypt. It displays beautiful graphics with traditional symbols and ornaments. The soundtrack is also very nice. The Book of Pyramids slot has several features including free spins, multipliers, scatter symbols and substitution symbols. The winning symbols are the golden pharaoh (Tutankhamun), Bastet, the cat goddess, Rah’s eye and the Ankh hieroglyph. The low value symbols include the AJ standard deck.
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