It is estimated that the global gaming market was valued at $23 billion in 2014.
This is an indication that the global gaming industry is growing exponentially.
However, the growth seems to be one-sided as the sector is mostly dominated by physical gambling platforms.
There are not much online gaming platforms. The reason why there are few online platforms is due to the issue of low entry threshold.
The few available online gaming platforms are constantly threatened by the issue of low entry threshold which has seen many online platforms shutting down business.
This challenge would jeopardize the mainstream adoption of the blockchain technology if not checked.
About physical gaming platforms and casinos, it has a centralized structure and so cannot be said to be transparent in their operations.
There is the issue of non payment of users rewards and even those who get paid are not paid as at when due. Lack of innovative gaming products that will give users exciting experience.
Users on the physical casino platforms seem to be bored already playing the almost obtuse games available. There is the issue of security....users data can be breached or tampered by third party due to the centralized structure of these platforms.
This many challenges that users of the physical casinos face on a daily basis ,which testifies to the fact that there is demand for decentralized casino platforms.
Introducing Alive Casino,
Why Alive Casino You May Ask?
Alive Casino would develop a fully decentralized platform with in-house development and management of games, risk analysis, customer support,kyc and other business processes.
It would leverage off the blockchain technology to introduce a highly transparent and security conscious casino and gaming platforms and add new games in order to increase user experience.
Gamers on the platform will be provided with complete transparency as they would be enabled to access their datas.....which in turn would build trust and confidence of users.
Gamers are enabled to enjoy live dealer games by interacting with their dealers in real life.
There will be payment transparency as gamers would be paid their rewards as at when due.
Structure of the Alive Casino Ecosystem
Virtual Reality- Enabled Gaming.
Integrated Social Network.
A blockchain -based secure payment system.
Conclusion:
Alive casino would leverage off the blockchain technology to offer innovative gaming products that will give gamers exciting experience while increase user participation which fosters mainstream adoption.
For more information visit:
white piper : https://aliveplaycasino.com/assets/doc/whitepaper.pdf
website : https://aliveplaycasino.com/
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