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eskider (OP)
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June 08, 2020, 06:34:01 AM
Last edit: December 09, 2022, 09:18:39 AM by eskider
 #1

0
sunsilk
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June 08, 2020, 10:51:30 PM
 #2

So do you think that the Blockchain gambling are ushering in new development opportunities?
There is no assurance on it. We've been seeing these Dapps for quite a while now and I can't remember how many of them have actually make significance and difference. Regardless of where they've been built and what chain or network they are supporting, it's the community that's being built with those is the most important.

No user and community, there will be no use for it. I have seen purposes with those dapps that have been made and the reality is that many still don't use it for some reason.

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June 09, 2020, 12:02:51 AM
 #3

I do think we should understand that Blockchain gives a person full freedom from the government and other central bodies and until and unless you are not submitting your KYC , you are absolutely safe and hidden.
As long as you are not engaging in some malpractices , you should be good to go for the long run . I have seen some amazing Gambling sites here which provides user with full Privacy and security and runs on Bitcoins and such.
Privacy in terms of Fiat can never be attained.
_________________________________________________________
What you are talking about is a level above that . Blockchain would for sure provide transparency but at the same time privacy.

But making a new app and then finding people to try it out would take a lot of time . It is a good idea but actually needs a lot of investment ,time , effort , money .

I do think even though there are many apps already in the market significant ones are very few . But this will be a very important thing in the future . Currently we Are  still struggling with the idea of people accepting Bitcoins and cryptocurrencies.

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June 09, 2020, 04:39:48 AM
 #4

The "community" in most of those Dapps is limited to the people who joined in the beginning and got cheap native tokens. For anybody wishing to gamble with cryptocurrency, there are enough good options available at present. On the other hand, most of those gambling dapps are mobile based with clunky UI/ UX.
The response times are bad. Everything from funding the wallet to placing a bet feels insecure due to the often closed source nature. I don't mean to say that this doesn not have potential. In fact, some of the established names in crypto gambling should build their own Dapps and offer them to users as a sort of "blockchain" alternative. When it comes to casinos, the brand name matters in order to build confidence.
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June 09, 2020, 06:14:51 AM
 #5

When some new technology which is available with highly secured-verifiable-transparent-censor free-affordable then you can expect lots of developments happening around it. No wonders on blockchain technology is leading to lots of innovations everywhere including gambling industry.

Expect more exciting gambling experience yet safer and trustable on coming days to be happening around different blockchains. I am expecting physical casino as well may get enforced to adopt blockchain based software for the reason of proving fairness.

I have seen purposes with those dapps that have been made and the reality is that many still don't use it for some reason.
Basically a typical gambler or a common person must need a strong reason to change something from where they got practiced for years. When dapps were built for selling tokens they definitely will not convince gamblers to adopt. I have not seen any dapps was built for giving us to provide all new gambling experience but only for materializing their tokens.

When it comes to casinos, the brand name matters in order to build confidence.
Who knows, era of dapps may start like you mentioned.
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June 09, 2020, 07:15:07 AM
 #6

Gambling has been one of the biggest and most innovative industries online. Offline they actually have not developed much at all,,, but here in blockchain we see a lot of incredible things that we all do. Imagine, trying to explain provably fair to a guy who only gambles at casino. Or the concept of public bankroll for casinos.

I think we will see many more new examples!

.
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June 09, 2020, 07:21:13 AM
 #7

So do you think that the Blockchain gambling are ushering in new development opportunities?
There is no assurance on it. We've been seeing these Dapps for quite a while now and I can't remember how many of them have actually make significance and difference. Regardless of where they've been built and what chain or network they are supporting, it's the community that's being built with those is the most important.

No user and community, there will be no use for it. I have seen purposes with those dapps that have been made and the reality is that many still don't use it for some reason.

The thing with blockchain gambling is that it is developed in different chains.  If only this development is centralized to only one blockchain, we can see a significant effect on the gambling industries and its development.  Though I can say, the positive effect of it is it widens the opportunity for developers since different blockchain requires different knowledge thus demanding for more blockchain gambling developers.
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June 09, 2020, 10:27:21 AM
 #8

I think Dapps are not as famous as the other big casinos operating with crypto which have established a name for themselves.Maybe in the future if Dapps gain in popularity we may really see an increase in adoption from the big players in the market but I am skeptical about such move.

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June 09, 2020, 11:19:02 AM
 #9

Gambling has been one of the biggest and most innovative industries online. Offline they actually have not developed much at all,,, but here in blockchain we see a lot of incredible things that we all do. Imagine, trying to explain provably fair to a guy who only gambles at casino. Or the concept of public bankroll for casinos.

I think we will see many more new examples!

Blockchain has brought gambling to a higher level. It has given even the crypto coins more polarity unlike in the past. We are still going to see better development because casinos are really growing and more creativity in them.

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June 09, 2020, 01:29:46 PM
 #10



There are dapps that are actually used by some users, those exchange dapps created on ETH, TRON and EOS are the ones we only noticed. But there are also games and casinos with them that are used, we just didn't notice some because we mainly use their website but some users are installing the dapps especially the ones part of their community. EOS and TRON also have a big community, they do have a forum too.


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June 09, 2020, 01:44:47 PM
 #11

Gambling has been one of the biggest and most innovative industries online. Offline they actually have not developed much at all,,, but here in blockchain we see a lot of incredible things that we all do. Imagine, trying to explain provably fair to a guy who only gambles at casino. Or the concept of public bankroll for casinos.

I think we will see many more new examples!

Expect a lot more development in the gambling world because of blockchain.

It's known to us  that casinos always win, so they like to invest their money, however, if we don't have a lot of money to invest, it's not possible in privates casinos as they have big investors, but in crypto, even small investors are given the opportunity to invest and that will make crypto more attractive to investors, and with that to prosper, the regulation within needs to be strengthen.

One of our very own made a thread for his investment journey on a casino.

https://bitcointalk.org/index.php?topic=5239794.msg54583457#msg54583457
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June 09, 2020, 02:05:34 PM
 #12


So do you think that the Blockchain gambling are ushering in new development opportunities?
Too early to say but if we do see increasing numbers then we can presume out that we are heading that way but everything wont really be a guarantee until we do see it on our very own eyes.

For now lets take this as part of the norm.Yeah they do exist and their quite good but doesnt mean that they are that special or that revolutionary.

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June 09, 2020, 02:12:44 PM
 #13

This is right. Blockchain is ushering in a new kind of development in gambling in such a way that there is no more personal information needed. With the use of cryptocurrency, any gambler has the option not to reveal even the very basic personal information as full name.

Another would be decentralization. This is ushering in a new age of security and fairness in the gambling industry.

We are just witnessing the beginning here.

MEGA

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June 09, 2020, 02:45:44 PM
 #14

For sure, the developer will be more creative to create something new with the blockchain gambling. Maybe that will help the gambling industries grow fast so that the gambling games will also evolve to the new interface. I think there will be more interest project that will run under the gambling with the new concept that will be different from the existing projects.

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June 09, 2020, 02:52:54 PM
 #15

I think Dapps are not as famous as the other big casinos operating with crypto which have established a name for themselves.Maybe in the future if Dapps gain in popularity we may really see an increase in adoption from the big players in the market but I am skeptical about such move.

think im going to agree on this one  . i have seen and tried dapps before but i feel that they are more complicated than the traditional casinos that we saw online but dapps are kinda cool   .

still blockchain already help gambling excell and that is of course with the introduction of cryptos too  .  looking forward to see more developments on this space aside from the dapps  that we talk about earlier  , for sure devs wont run out of ideas yet  .
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June 09, 2020, 04:56:39 PM
 #16

Smart contract based dapps may provide new development opportunities for gambling industry but I believe they are all lagging in attracting gamblers in a way to make them leaving of dicing (for example) and to adopt them on first try itself. Honestly I have not come across such a dapps so far. Just copying existing games will not help. I guess all the dapps are about improvements on back end like new way of provably fair mechanism or quick settlement of transfer but nothing focus on improving user experiences.

When no development will be exactly targeting to provide some all new gambling experiences then I am sure nothing will sustain. A gambler will never bother about underlying improvements but first they need what they look and feel and after that they may move to other improvements.
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June 09, 2020, 05:51:29 PM
 #17

According to statistics in 2019, the popularity of blockchain DApps are mainly concentrated on Ethereum, EOS, and TRON. The DApp types on the three public chains (ETH, EOS, TRON) are mainly concentrated on games, trading markets, social networking, and quiz. 74% DApps in the TOP100 DApps on the two public chains of EOS and TRON are quiz, DApps on Ethereum focuses on games. Affected by the encrypted digital currency market, as of now, the proportion of quiz in the TOP100 DApps on the three public chains dropped to 41%, the proportion of blockchain games increased to 24%. The data shows that the proportion of blockchain games has increased, and the types of blockchain games have also diversified. At present, according to third-party data, the top ten DAPP games are mainly Poker, spinach, and lottery. The openness and transparency of the chain have been well applied in such games.
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So do you think that the Blockchain gambling are ushering in new development opportunities?

First we need to understand the benefits of blockchain gambling - it's the transparency! Blockchain based gambling ensures that the house is not controlling the outcome of a game. So with this transparency factor, the blockchain gambling industry is promised to stay longer. But it's hard to say if it's making ways for more development opportunities or not, probably yes!

If the business increases around blockchain gaming, then more investors will be interested to invest in development which will lead to innovation. But if the business isn't increasing, then new development ideas will be dumped.

It's simple demand supply equation. If demand is there, the supply will be met through development or vice versa!

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June 09, 2020, 11:28:27 PM
 #18

The thing with blockchain gambling is that it is developed in different chains.  If only this development is centralized to only one blockchain, we can see a significant effect on the gambling industries and its development.  Though I can say, the positive effect of it is it widens the opportunity for developers since different blockchain requires different knowledge thus demanding for more blockchain gambling developers.
This could be one of the reasons why people don't enjoy using these dapps. Because they are built on different chains and some users and gamblers don't actually like the idea of going on from one chain to another. And it's easier to use the casinos that we've been using for a long time. There are no new things yet we can enjoy using them.

Basically a typical gambler or a common person must need a strong reason to change something from where they got practiced for years. When dapps were built for selling tokens they definitely will not convince gamblers to adopt. I have not seen any dapps was built for giving us to provide all new gambling experience but only for materializing their tokens.
Yes, this is how I understood it. If we have already a platform that we're playing, we're used to it and we don't want to jump into another as we are already good to be stuck into what we've been playing for years.

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June 10, 2020, 01:22:12 AM
 #19

This could be one of the reasons why people don't enjoy using these dapps. Because they are built on different chains and some users and gamblers don't actually like the idea of going on from one chain to another. And it's easier to use the casinos that we've been using for a long time. There are no new things yet we can enjoy using them.
I agree, it's much convenient to stick with casinos that accepts Bitcoin since it's accepted by many we could spend it on other sites and some casinos have their own mini exchanges for that extra convenience.


Yes, this is how I understood it. If we have already a platform that we're playing, we're used to it and we don't want to jump into another as we are already good to be stuck into what we've been playing for years.
I think it depends on the gambler sometimes it doesn't hurt to try new casinos for the experience but it's difficult to replace an old casino you prefer. For now there's no need for most gamblers to move since casinos aren't that strict when it comes to KYC but as casino rules change over time we might start to see more people use dapps.

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June 10, 2020, 03:30:30 AM
 #20

I think it depends on the gambler sometimes it doesn't hurt to try new casinos for the experience but it's difficult to replace an old casino you prefer. For now there's no need for most gamblers to move since casinos aren't that strict when it comes to KYC but as casino rules change over time we might start to see more people use dapps.
It must also be said that it is currently also very difficult to get new players to look at new platforms. I have the impression that currently 1-2 new casinos are launched every week, often with the same games already known from other sites and a similar site structure.
What would be the reason for a regular eg. Bustadice player to change?

In order to keep new players in a new casino in the long run, I think the following things are important:
  • Unique Selling Point of the casino, i.e. something that sets it apart from others (very low house edge, very good design, ...)
  • Games that are either new (yes, that's hard) or classic games modified to make them fun again

Two casinos that fall into this category for me are Tower.Bet (because of the design and the game design) as well as Luckybit, where I like the implementation of the game there very much.

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