Crypto casinos become more and more popular with users. According to the forecasts of CryptoGamblingNews.com, by 2023, the capitalisation of the digital currency gambling market will exceed 500 million dollars.
In 2021, it is an excellent choice to invest in Blockchain technology for being able to quickly enter the market and easily scale your business.
The term means a continuous chain of millions of interconnected blocks. They store information on the transactions in a wide variety of economic sectors: from stock trading to the gambling industry.
The data in the Blockchain is converted to a hash format. This is an advanced cryptographic encryption technology that protects against altering.
The main elements of the Blockchain are:
In early 2021, CryptoGamblingNews.com published a press release on the use of digital content in the gambling industry.
Bullet points mentioned in the above-mentioned press release:
The CryptoGamblingNews.com research illustrates the increasing demand for crypto technologies in the gambling industry.
Let us consider the main advantages of Blockchain projects:
High level of security
Bitcoin casino software is reliably protected against internal and external threats: hacker attacks, money theft, improper use of assets, and disclosure of confidential information.
All data on the conducted transactions are encrypted with the use of cryptographic tools.
Over the 13 years of existence of the Blockchain system, it never failed, which once again confirms its high level of security
To start a Bitcoin casino, operators do not need to obtain a licence in a chosen jurisdiction, open bank accounts or install additional security software.
In the case of the ready-made Blockchain projects, many business processes are automated. This helps to save some money and spend them on the strategic development of the company
The activity of an iGaming resource does not depend on changes in the legislation and geopolitics of the selected region, innovations in the taxation system, and banking services.
Crypto casinos are completely independent projects with excellent prospects for business scaling
High speed of financial operations
The time it takes for money to be credited to the Bitcoin wallet is only a few minutes. The flow of funds is not affected by the work of banks, customs offices, and other regulatory bodies.
Bitcoin transactions are exempt from any taxes and commission fees
Popularity among gamblers
Gamblers choose crypto casinos for the good speed and anonymity of payments, protection of personal data, and control of the honesty of the results of games.
The undeniable advantage of Bitcoin platforms is their availability from anywhere in the world. Users can play casino entertainment even from those countries where gambling is strictly prohibited
Entrepreneurs can open a Blockchain casino that supports only digital money or create a website with multi-currency payments. The second option is preferable since it expands the geography of users. Gamblers get access to various payment methods and a large selection of games.
An excellent choice is to add a crypto payment option to the structure of an already existing platform. This will broaden your audience coverage without losing the customer base.
Many prestigious jurisdictions allow Blockchain casinos to operate under a gambling licence. According to UK law, for example, digital currencies are considered “money or its equivalent” (Gambling Act of 2005). Operators can legally accept bets in Bitcoins without being afraid to lose a licence or pay fines.
To launch a profitable online casino on a Blockchain platform, operators need the following software components:
From Casino Market, it is possible to order a turnkey Bitcoin casino. You will receive an excellent product that can be launched immediately.
The solution contains a well-thought-out platform, a wide range of games, and a modern financial aggregator.
Most often, entrepreneurs use the services of partner companies. Providers attract high-quality internet traffic with relevant affiliate links. They are published on various platforms: from social networks and instant messengers to specialised media.
There are several popular affiliate services that are used to promote Bitcoin casinos:
Blockchain projects attract gamblers due to their transparent operation. In Bitcoin casinos, there is no system upset, manipulation of results or non-payment of winnings. The honesty of the results of games is monitored thanks to the smart contract system.
Gamblers are offered the following options:
Smart contracts for Blockchains are often used by affiliates. The system allows you to effectively track statistics for all users and monitor earnings and operational expenses for affiliate marketing.
From Casino Market, you can buy a modern turnkey Bitcoin solution.
To get a free demo version of a Bitcoin casino, please contact managers of Casino Market:
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