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Why are casinos shifting to cryptocurrencies ?
The most important reason to deploy cryptocurrencies for gambling in casinos is that cryptocurrency protects the casinos from facing any fraudulent activities by the players. The operators will not have to waste their time on disputes with players and claims to chargebacks can be avoided. Also, the process of opening a casino operating on cryptocurrencies takes lesser time and increases the number of visitors, which helps in expanding the market. Cryptocurrencies can prove to be a great alternative for societies which have an unstable financial system. Working with cryptocurrencies eliminates the inconveniences which are associated with fiat money and reduces the time cost. Hundreds of online and offline casinos are functioning all over the world with a huge number of players and hence, casinos making use of cryptocurrencies enjoy a lot of profit. Is there a change in behavior among the gamblers ? Yes. There has been a change seen in the consumer behavior in terms of global casino gaming market with the increasing popularity of the online and offline cryptocurrency gaming industry in terms of gambling apps and social gambling Yes,but isn't the gaming industry saturated ? Should Liger enter this industry ? the casino industry has been increasing at a high rate with a CAGR of 10% since 2017 and will be increasing at this rate till 2021. oh ok. Then it's the right time to enter. But Bitcoin is already present and many casinos are accepting it also. How will Liger fit in? Yes it is true that Many casinos have already started accepting Bitcoin, but over its slow transaction rate and high transaction fees, Ligercoin seems like a favorable choice. How will it be faster and economical ? |
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Why are casinos shifting to cryptocurrencies ?
The most important reason to deploy cryptocurrencies for gambling in casinos is that cryptocurrency protects the casinos from facing any fraudulent activities by the players. The operators will not have to waste their time on disputes with players and claims to chargebacks can be avoided. Also, the process of opening a casino operating on cryptocurrencies takes lesser time and increases the number of visitors, which helps in expanding the market. Cryptocurrencies can prove to be a great alternative for societies which have an unstable financial system. Working with cryptocurrencies eliminates the inconveniences which are associated with fiat money and reduces the time cost. Hundreds of online and offline casinos are functioning all over the world with a huge number of players and hence, casinos making use of cryptocurrencies enjoy a lot of profit. Is there a change in behavior among the gamblers ? Yes. There has been a change seen in the consumer behavior in terms of global casino gaming market with the increasing popularity of the online and offline cryptocurrency gaming industry in terms of gambling apps and social gambling Yes,but isn't the gaming industry saturated ? Should Liger enter this industry ? the casino industry has been increasing at a high rate with a CAGR of 10% since 2017 and will be increasing at this rate till 2021. oh ok. Then it's the right time to enter. But Bitcoin is already present and many casinos are accepting it also. How will Liger fit in? |
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Why are casinos shifting to cryptocurrencies ?
The most important reason to deploy cryptocurrencies for gambling in casinos is that cryptocurrency protects the casinos from facing any fraudulent activities by the players. The operators will not have to waste their time on disputes with players and claims to chargebacks can be avoided. Also, the process of opening a casino operating on cryptocurrencies takes lesser time and increases the number of visitors, which helps in expanding the market. Cryptocurrencies can prove to be a great alternative for societies which have an unstable financial system. Working with cryptocurrencies eliminates the inconveniences which are associated with fiat money and reduces the time cost. Hundreds of online and offline casinos are functioning all over the world with a huge number of players and hence, casinos making use of cryptocurrencies enjoy a lot of profit. Is there a change in behavior among the gamblers ? Yes. There has been a change seen in the consumer behavior in terms of global casino gaming market with the increasing popularity of the online and offline cryptocurrency gaming industry in terms of gambling apps and social gambling Yes,but isn't the gaming industry saturated ? Should Liger enter this industry ? |
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Why are casinos shifting to cryptocurrencies ?
The most important reason to deploy cryptocurrencies for gambling in casinos is that cryptocurrency protects the casinos from facing any fraudulent activities by the players. The operators will not have to waste their time on disputes with players and claims to chargebacks can be avoided. Also, the process of opening a casino operating on cryptocurrencies takes lesser time and increases the number of visitors, which helps in expanding the market. Cryptocurrencies can prove to be a great alternative for societies which have an unstable financial system. Working with cryptocurrencies eliminates the inconveniences which are associated with fiat money and reduces the time cost. Hundreds of online and offline casinos are functioning all over the world with a huge number of players and hence, casinos making use of cryptocurrencies enjoy a lot of profit. Is there a change in behavior among the gamblers ? |
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Why are casinos shifting to cryptocurrencies ?
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So why would anyone opt for Token Changer if Bitshares is already existing and stable ?
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That's good to hear. Anything else apart from the alarm clock capability to be added ?
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What is the latest progress on the platform then ?
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But there do exist web based centralized and decentralized exchanges to exchange blockchain coins and eventually tokens ? Why would someone use Token Changer then ?
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Will the two business operate under the same legal entity ?
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So you said that there will be a website which will be integrating merchants and gamers plus there will be online casinos as well. Which will come early - the website or the Casino ?
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Is it on the plan or there is already some progress made on this front from your end ?
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Do you mean you plan to have your own Casinos as well ?
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What if Merchants register and they do not find the market that you are talking about - how do you plan to sustain your business then ?
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What will stop you from turning into one of the existing businesses ?? I go to many Casinos and everywhere - they only end up winning !!
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What problem are are you solving by getting into this type of coin ?
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