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4 Advantages of Using Blockchain Technology for Cryptocurrency Gambling

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Over the last few years, a huge number of players has strayed from the traditional land-based casinos and moved into the world of online gambling for real money. However, the digital landscape goes through frequent changes. And gambling is no exception.

When more and more bettors began gambling online, it was essential that the measures to prevent hacks, fraud and corruption were improved.

To answer this need, blockchain technology came along an innovation that provides solutions for data and money security and much more.

But what exactly is it and what does it allow? And how is it associated with the growing trend of cryptocurrency gambling? Let us guide you through the top four advantages of blockchain technology in gambling.

Security

security - 4 Advantages of Using Blockchain Technology for Cryptocurrency Gambling

Blockchain technology is able to provide high-standard security because of its encryption and decentralization. Gambler information is spread across a big network and encrypted on each part of it. It makes it extremely difficult to hack.

Your banking details, financial information and personal data will be much more secure with this type of cutting-edge technology.

Transparency

Transparency - 4 Advantages of Using Blockchain Technology for Cryptocurrency Gambling

The digital gambling community can rest assured that blockchain technology offers incomparable transparency to its users. The network functions as a record of practices, procedures and events that can be accessed by all gamblers but modified by no one.

The record saves all actions permanently. This advantage greatly decreases player concerns as they are aware that a blockchain casino will be reliable and trustworthy.

Currency

currency - 4 Advantages of Using Blockchain Technology for Cryptocurrency Gambling

Now, this is the fun part. Blockchain technology allows gamblers to play with cryptocurrencies, which immensely reduces the issues that stem from using real currency online.

Besides the high level of security, betting with cryptocurrencies on blockchain platforms makes transactions incredibly cheap and fast. The costs to deposit and withdrawal are also much lower, and the risk of a failed transaction is practically null.

Cryptocurrencies like bitcoin also permit that foreign citizens that otherwise would not be able to access an online casino can now do it. This is possible because the currency is not bound by the regulations of any particular country.

Fraud combat

It is definitely true that there are many online casinos that are trustworthy, transparent and secure. But there are also many that conduct their activities in a fraudulent manner and abuse their users’ personal and financial data through their unreliable technology.

On the other hand, blockchain technology automates all actions, making them impossible to be altered or manipulated. Every transaction and submission of information is performed without any type of corrupt intervention.

As you can see, blockchain technology is the ultimate best option to gamble online with cryptocurrencies.

The levels of security are unparalleled, the transparency in all actions is something you can never get on a traditional online casino, the use of crypto coins makes it incredibly easy, fast and cheap to perform your transactions and you do not have to worry about corrupt management of your data.

The blockchain is what will make you take all the online gambling concerns off your mind once and for all.

4 Things You Should Know About the 2019 Crypto Games Conference

conference.2 - 4 Things You Should Know About the 2019 Crypto Games Conference

You won’t have to wait long to be able to read about the latest advancements in cryptocurrency gambling. The 2019 edition of the Crypto Games Conference will be held on April 25th and 26th in Minsk, Belarus. It is simply the largest convention of its kind.

About

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The conference is the ultimate event for the crypto gambling industry worldwide. The third installation of the convention will gather more than 1000 delegates from over 30 countries across continents, who will represent hundreds of companies in the sector.

The two days will be packed with talks, exhibitions, networking and business prospects.

The program will revolve around the three most relevant topics in blockchain gaming right now, which are cryptocurrency gambling, iGaming and gaming services.

The most influential decision-makers from all over the world will travel to Minsk and discuss regulations, fundraisings, marketing, gaming development and operations management in-depth.

These are the minds breaking barriers and revolutionizing the world of online gambling.

Here’s the 2019 Crypto Games Conference in numbers: more than 1000 international delegates, 150 gambling solution companies, 100 speakers, 30 media partners and 30 countries.

Main topic

As the name suggests, the main topic of the convention is crypto gambling. In fact, the needs and wishes of gamblers across generations have always helped push technology forward.

And blockchain is developing non-stop because of that. All predictions seem to point out that the mainstream adoption of blockchain will be kicked-off by the gambling sector.

The Crypto Games Conference is the definitive first place where crypto innovations in both the development and marketing stages are brought to the table.

During the two days, analysis, reviews, insights, secrets, services and trends will be shared and debated in talks and panels conducted by the absolute top professionals in the industries of gambling and cryptocurrency.

Speakers

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Some of the most prominent experts who will participate in talks at the 2019 Crypto Games Conference in Minsk include: Frederic Chesnais, CEO of Atari, Morten Rongaard, CEO of Reality Gaming Group, Devin Finzer, CEO of Open Sea, Hartej Sawhney, co-founder of Hosho, John Wang, Eco Growth Manager at NEO, Alex Casassovici, CEO and co-founder of Azarus, Maxim Burkov and Viacheslav Nosko, co-founders of Pro Blockchain Media, among dozens of others.

Activities

matchmaking - 4 Things You Should Know About the 2019 Crypto Games Conference

Two of the main activities at the Crypto Games Conference will be the matchmaking and the showcase.

Matchmaking

This is an app specifically tailored to facilitate networking. It allows finding all the right people to talk to and make appointments during the conference hours. Users just need to browse the complete list of participants and brands, book a meeting, set a room and do business.

The app also includes the whole program, a map, a calendar and a chat.

Showcase

A big exhibit floor to connect with startups and independent developers. All of them can showcase their games and newest developments. Participants will share feedback, get partners and upgrade their offer.

Soon enough, we will know all about what went down at the 2019 Crypto Games Conference!

The Top 5 Tips for a Successful Bitcoin Marketing Strategy

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Do you think you have what it takes to develop and promote your own Bitcoin? Let us help you out. The growing market of gambling online with cryptocurrency can actually make it a truly profitable project.

Follow our guide with the four essential steps for a successful cryptocurrency strategy.

Understand the market

market - The Top 5 Tips for a Successful Bitcoin Marketing Strategy

Getting as knowledgeable as possible about the market and the industries that operate with Bitcoin is essential to release and target your crypto coin successfully. Keep your eyes on the gambling sector, since it is currently the leading force pushing crypto advancements forward.

Then, you need to analyze if the new currency will add significant value to your offer of products and services. If you conclude that it will not, it doesn’t mean that you should immediately give up on your Bitcoin strategy. You just need to wait for the right time.

Create a white paper

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You need to produce a white paper that explains to the tiniest detail the technical, commercial and financial aspects of your new Bitcoin offering. This is the very first piece of documentation that any potential partner will want to read when you ask them for their contribution to the project.

The focus of the white paper should be on the plan for the use of the currency and the ways in which it will benefit every stakeholder. For gambling, it could revolve around how cryptocurrency greatly reduces the fears of money and data hacking.

It also lets gamblers access online casinos from all over the world.

The white paper is the center of your Bitcoin strategy. It needs to be written and presented in a way that attracts a large number of great investors.

Know the rules

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In order to be able to answer the questions of your partners and clients properly, you need to be aware of the different rules that guide the activities in the crypto coin industry. The fact is that Bitcoin was once completely unregulated.

Even though it basically still stands like that today, there are countries trying to come up with rules to somehow impose a level of legislation on Bitcoin. Learn as much as possible about that.

The industry is also introducing rules to further improve the security and management of cryptocurrencies. Additionally, there are guidelines that everyone who markets, launches and runs a new digital currency needs to follow.

Build a community

community - The Top 5 Tips for a Successful Bitcoin Marketing Strategy

Building a community to sustain and promote your Bitcoin launch is one of the best ways to upgrade your marketing strategy. The crypto gambling community is a powerful ally. Of course, it will cost you some money, but we suggest you hire a digital marketing professional or company for this.

The quality of solutions they can provide will translate in results that will quickly surpass your initial investment.

Besides creating a community for your Bitcoin, the marketing agency will promote it among other relevant existing communities, exponentially increasing your opportunities to get investors, partners and clients. The most successful mediums are email, social media and forums.

Follow these steps with a good level of ambition and caution. This is a promising market, but also a quite unstable one. Arm yourself with the best tools and knowledge.