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Pbet to Redefine Gambling with Its Blockchain Solution

Posted on August 4, 2019August 2, 2019 by Kelley N.

Its been over a decade since the blockchain, as we know it, came to be. In that period, technology has proven that it is a useful tool for a vast range of applications beyond digital currencies and one of the sectors that have embraced it is the gambling industry. It has been said on more than one instance that the very dynamic blockchain technology is set to completely redefine the gaming industry – this is already happening.

Pbet, a rising crypto-powered gambling platform is one of the companies that is championing the quest to “blockchainize” the gambling industry. That said, it is easy to see that the casino is much more than a mere cryptocurrency casino. The gaming company has come up with a complete blockchain-based crypto-based gaming platform that is set to spark up a revolution of sorts in the gambling industry. In essence, with the new platform, Pbet is addressing some of the most user-oriented concerns when it comes to online gambling – these are fairness, transparency, safety, and security as well as affordability.

Pbet’s innovative and revolutionary idea is a blockchain crypto-based Unified Gaming Platform and its intended to create a convergence between land-based casinos and online gambling sites. All this will be added while combining both the players, the casinos and the Pbet platform itself with each set to benefit from added value.

“We are driven by the mission to combine all 3 pillars- physical casinos, players and Pbet- through our disruptive blockchain crypto-based Omnichannel Gaming platform business model. Our state-of-the-art platform is strategically designed to benefit both the players and casinos through blockchain technology”, stated a Pbet spokesperson.

The Perks

To begin with, Pbet’s new blockchain solution is set to give the players even more reason to trust the gaming platform and this will be achieved through the transparency of information. This will help to address trust issues which have always been a major concern for players across all major online gaming platform despite the operator’s efforts to address the issues.

Fairness aside, players have also complained about the slow nature of the payments at the casinos as well as the high transaction fees that they are charged. Pbet’s gaming platform will be addressing this issue by introducing a payment solution that will fix both of these problems – it will be fast, reliable and very affordable. Considering the tremendous improvements that have been made to blockchain technology, the users can expect near-instant transactions speeds.

Moreover, Pbet has also recently announced its Omni-Channel Pbet Reward Club. This will assist its partner casino to benefit from hospitality sectors in order to provide freebies which are meant to assist with player acquisition and retention.

A Review of Blockchain Poker: Is This It?

Posted on June 4, 2019June 1, 2019 by Kelley N.

Online gambling has been around for a very long time now but the level of innovation in the sector puts many other industries to shame. This is mostly because the gambling industry has shown time and time again that it is more than willing to try out new and risky ideas in a bid to appeal to the newer generation of players while at the same time cashing in on new gaming verticals.

Some of the areas where online poker and online casinos have been focusing on in the past couple of years include digital currencies and blockchain technology. At this point in time, it would be an understatement to say that the blockchain has had its fair share of success with online gambling. In fact, the technology has solved so many issues that previously plagued online gambling activities – these include such aspects as biased gameplay, unfairness by some operators, lag timings and even slow transactions, all of which have now been improved significantly.

That said, more and more blockchain-powered gaming applications are beginning to rise and Blockchain Poker is one of the more interesting ones that players will come across on the internet. Not only is this online platform a great place to try out your luck at gambling but it is also a near-perfect version of the older generation of online casinos. In other words, it delivers on some very vital promises. For instance, all the transactions are secured, not biased in any way and are very secure.

What It Offers

Transaction speeds aside, Blockchain Poker gives poker players the opportunity to play using bitcoin (BTC), Bitcoin SV (BSV) and Bitcoin Cash (BCH). In essences, the blockchain-powered online gambling platform was “built to be a fun, easy way to help get more people using Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV)!”

Unsurprisingly, while this platform is geared towards giving poker players the convenience of playing on an improved version of an online gambling site, the aim of the project is to facilitate further growth of the crypto community and ecosystem. What better way to do this than by showing people just how useful blockchain applications can be?

More Features

One of the most notable features that Blockchain Poker offers is the ability to instantly enter into No-Limit Texas Hold’em cash games or tournament using bitcoin. For these games, anonymity is guaranteed since the players are not required to sign up. The platform further award free satoshis to new players.

Moreover, Blockchain Poker also offers some very lucrative rake caps and rake backs thus giving the players a better chance to build their bankroll.

DAO.Casino to Build Gambling 3.0 Blockchain with MixBytes

Posted on May 4, 2019May 2, 2019 by Kelley N.

DAO.Casino, a renowned blockchain-based gambling protocol has recently announced its plans to develop their own blockchain which will become the heart of the DAO.Casino ecosystem. The protocol is will be partnering with MixBytes in order to develop a unified solution for building the so-called gambling 3.0 blockchain network.

Why Now?

The adoption of blockchain and digital currencies has been in the rise over the past few months, a situation that, in a way, proves that the crypto market is moving past the bearish trends of 2018 that almost completely ruined the crypto markets. To that effect, there have been a plethora of investments into the decentralized ledger technology (DLT) space with the number of start-up growing almost exponentially – this was mostly thanks to the enthusiasm of venture capitalists who have invested no less than $5 million.

Now, there are a number of different industries that have come under the wings of the innovative DLTs and this has created even more optimism in as far as the future of DLTs is concerned. As expected, online gambling is one of the industries that have welcomed the new technology with a number of crypto- and blockchain-based virtual gambling platforms mushrooming on a regular basis. This is not surprising especially because of how open and welcoming the online gaming industry is to new and innovative technologies.

It, therefore, goes without saying that there has never been a better time for various industries to capitalize on and expand various blockchain applications.

DAO.Casino’s and Mixbytes’ Plans

The partnership between the two companies is now primarily meant to address some of the biggest challenges that currently face the online gaming industry – these issues include the lack of trust and doubts regarding the security of funds and the DLT applications offer solutions by bringing transparency which, in turn, eliminates the possibility of any form of manipulation.

By partnering with MixBytes, DAO.Casino will now have access to resources such as more high-level experts taking part in the “creation of a brighter future for the gambling industry”. As per the terms of the partnership agreement, MixBytes will be providing DAO.Casino with thorough “consulting and collaborate to create the DAO.Casino Blockchain, featuring all the necessary technologies to ensure the future prosperity of decentralized gambling, as finality, random number generator, high throughput, low latency and more.”

Blockchain technology continues to take center-stage in a number of global business and these kinds of developments do not show any signs of slowing down anytime so. For companies like MixBytes and DAO.Casino that have already realized the potential of such applications, it might be much easier to get to the mainstream market when the time is right and these applications finally blow up in the mainstream market.

Online Crypto Sportsbook and Gambling Platform Goes Beta

Posted on April 4, 2019April 2, 2019 by Kelley N.

Wagerr, a new generation online cryptocurrency sportsbook and gambling platform has recently opened access to its 3.0 testnet in private beta, that is, this is now available to a small group of customers – 50 to be more precise. The expansion will allow the core group of valued users within the crypto community to test the company’s new 3.0 mainnet fork before it is finally released.

Wagerr’s new version 3.0 upgrade includes a complete redesign of the website interface and the backend betting protocol – these are meant to not only improve scalability but to also assist in making the overall system much more efficient than it was before.

More About Wagerr

Wagerr is a decentralized online gambling platform that touts itself as the blockchain for betting. The platform uses its native WGR token to facilitate payments made within the Wagerr ecosystem thus providing its users with fast, extremely affordable and effortless payouts – the token is a proof-of-stake coin which uses coin “weight” and a randomization system to calculate the chance of rewards staking. To provide its users with the highly secure and fair betting services it boasts of, Wagerr utilizes various forms of blockchain technology including master nodes and smart contracts. In addition to that, the gaming platform has recently made significant upgrades to its Oracle Masternode system.

Oracle master nodes use Application Specific Smart Contracts (ASSC) to ensure both stability and security on the network and this, in turn, provides platforms such as Wagerr with a secure and decentralized network that assists in keeping the sportsbooks updated while also verifying the bets made through the smart contracts. Moreover, the system includes a revenue model that allows the customers to make a bit of additional income through the Wager platform by becoming one of the masternodes on the Oracle system.

Lightning Spin Becomes First-Ever LApp to Sell

In other stories, Rui Gomes, the creator of Lightning Spin which is one of the pioneering Bitcoin Lightning Network’s pioneering lightning applications (Lapps) also recently announced that he was selling it. With the Lapp players “could pay 6¢ for a single spin, (1 BTC was around $6,000 back then) and withdraw your winnings in seconds — something that would be impossible with the fiat system and would be increasingly difficult on Bitcoin’s base layer.”

While very little details have been disclosed about the buyer of the gaming app, Gomes assured fans of the game that the new owners shared his vision and therefore they can expect the same features and perks as they did before.

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