Crypto assets have revolutionized multiple sectors of the financial world. From services, entertainment, real estate, and financial accessibility, the nascent asset class took the world by storm and is on track to disrupt billions of dollars in the coming decade. These assets and their underlying technology are particularly fit for its integration with online gaming and casino platforms. In the past, a gambler needed to physically go to an establishment, before they could bet on their favorite games. Now, crypto has made this process accessible, transparent, fairer, and reachable for players on the entire planet. The new Las Vegas, the capital of gambling could easily be supported by a blockchain. Players can deposit and withdraw their winnings without having to rely
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Live Bitcoin News considers the following as important: Industry and Adoption
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Crypto assets have revolutionized multiple sectors of the financial world. From services, entertainment, real estate, and financial accessibility, the nascent asset class took the world by storm and is on track to disrupt billions of dollars in the coming decade.
These assets and their underlying technology are particularly fit for its integration with online gaming and casino platforms. In the past, a gambler needed to physically go to an establishment, before they could bet on their favorite games.
Now, crypto has made this process accessible, transparent, fairer, and reachable for players on the entire planet. The new Las Vegas, the capital of gambling could easily be supported by a blockchain. Players can deposit and withdraw their winnings without having to rely on a third party.
Crypto casinos have also made available a multitude of features that provide players with an edge, from real-time data to the capacity to track the highest-paying games; the possibilities seem endless. These platforms have been gaining massive popularity in the past few years.
This trend is set to extend as crypto users are bound to hit a billion by 2030. This will translate into capital flowing from the legacy financial system to crypto ecosystems and companies built on their payment rails.
For the decentralized finance (DeFi) industry, according to data from DeFi Pulse, wide adoption translated into a massive spike in value. In 2020, DeFi protocols were worth less than $1 billion, a year later, when people began using them more widely, they reached an all-time high of $50 billion.
The chart below represents a growth seen across the crypto industry and that could increase 10-fold over the coming decade. This growth would spill into every sector supported by digital assets, from NFTs, to crypto casinos, to DeFi protocols.
Source: DeFi Pulse
What Is GamStop?
The adoption of cryptocurrencies has introduced new issues for certain people. Online gamblers might not benefit from the accessibility and low friction of using these platforms. Thus, some users might feel the need to set up boundaries and limit their online gaming time.
In that sense, a non-profit organization based in the United Kingdom called The National Online Self Exclusion Scheme Ltd created GamStop. This self-exclude solution helps players to take some time off their favorite crypto casinos.
The solution operates with a simple approach, users provide GamStop with their information. This data is cross-referred with a database of casinos and online gambling platforms. After some time, the user no longer has access to these casinos.
GamStop users have a limited time to withdraw their funds from the crypto casinos. However, the solution has an issue: if users change their minds, they will still be unable to play or access their funds.
Best Crypto Slots Not On GamStop
In those cases, users need to turn to platforms outside GamStop. The team behind sure.bet compiled a list of the best slot games and crypto casinos outside of GamStop’s reach. The list continues to grow with new casino sites added on a regular basis.
The list created by sure.bet includes DamSlots, Slots Dreamer, SlotsNBets, MyStake, Rolleto, and many others. All of these options include bonuses and rewards for users to maximize their profits, and the capacity to double their holdings while playing on legitimate and regulated platforms.
Cryptocurrencies are part of the future of finance, and those capable of increasing their funds will benefit greatly over the coming ten years. The platforms listed by sure.bet offers a great opportunity for online gamblers.