The online casino world is heating up with more blockchain based projects arriving every month. The team has a plan of in-house game development, recruitment of third party casino operators, with a link-up to sports betting in Q2 2018. They will be specifically targeting the development of mobile apps, while building upon the existing online offering.
So if we break this down a little further and take away the 30% of tokens held by the dev team, this equates to around a 49% profit crowdshare.īitDice Casino is already operational with 20,000 registered users, it's roapmap is one of expansion and acquisition. This will be distributed every quarter in ETH via smart contract. OUR FAVOURITE PART :) > BitDice will offer 70% of profits to token holders. The distribution of the token will be 68% during ICO with the developers holding 30%. It is expected that the market valuation of online gambling will exceed $60 billion by 2020, with a compounding yearly uptick of 10%.īitdice will be implementing a ETH ERC223 token (CSNO) at a locked total supply of 100 million.
Both the traditional and online markets are slowly growing with the online gambling market growing at a faster pace and grabbing increased market share.
The size of the traditional (brick and mortar) gambling markets accounted for $359.3 billion in 2016, while online gambling market was $44 billion. BitDice's current game offerings include Dice, BlackJack and Voodoo with Slots and Roulette coming soon. To date BitDice has processed over 9 million bets with more than 157,000 ETHs wagered, at a total profit of 3,500 ETH. As always I encourage you to do you own research, make up your own mind and only invest money you can afford to part with.īitDice is a online casino that has been operating out of Costa Rica since 2014. I spent some time digging around yesterday and feel more confident It's legit with good dividend potential. BitDice has been on my radar for sometime, i've been hesitant to write a post due to the team being missing from the website.
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