If there is an industry that its model is already changing using the Blockchain, it will no doubt be the gambling industry. Decentral have selected for you 5 of the most successful blockchain gambling startups to keep an eye on for next months.
The BETR Foundation was established by the end of 2017 with a goal to focus on sports betting. Over the period of their ICO, the BETR token gathered significant attention and board investment from users. Since their ICO, the BETR team have been focusing on developing their platform that enables users to place bets on their favorite teams.
Based: Tallinn, Estonia
CMC Rank: 913
Volume (24h): $22,006 USD
Market Cap: $501,502 USD
Circulating Supply: 181,454,367 BETR
Total Supply: 200,585,763 BETR
Through harnessing the power of the blockchain technology, Bethereum is creating one of the most engaging and secure betting platforms. Despite the presence of many online betting platforms, and even blockchain gambling ones, the team behind Bethereum aims to bring back a sort of social factor of betting. In fact, it lets players bet against each other instead of the bookkeeper. Obviously, this will have an effect on user interaction.
Based: Hong Kong, Hong Kong
CMC Rank: 903
Volume (24h): $55,975 USD
Market Cap: $546,343 USD
Circulating Supply: 326,431,892 BETHER
Total Supply: 1,000,000,000 BETHER
Built on the Ethereum blockchain, Edgeless is introducing an Online Casino that offers zero edge for its players and 100% transparency. Both physical and online casinos establish a house edge that goes up to 5%, which can affect the winning of an individual player. Essentially, this will enable the business to profit even when the player wins. Edgeless preserves its commitment to transparency and refuses to charge users an edge. In addition, the platform assures that users cannot be scammed.
Based: Vilnius, Lithuania
CMC Rank: 240
Volume (24h): $83,821 USD
Market Cap: $12,557,258 USD
Circulating Supply: 99,642,107 EDG
Total Supply: 132,046,997 EDG
Instead of relying on centralized infrastructure, Wagerr positions itself as a decentralized sportsbook that allows peer-to-peer betting. The blockchain gambling startup aims to cut with the middleman and reduce corruption and risk in online gambling. Furthermore, The WAGERR system is powered by ‘Oracle Masternodes’ technology which facilitates transactions.
Based: Belize City, Belize
CMC Rank: 214
Volume (24h): $81,513 USD
Market Cap: $14,867,905 USD
Circulating Supply: 180,959,083 WGR
Total Supply: 202,338,697 WGR
FunFair: TOP 1 Blockchain Gambling Startup
Launched on the Ethereum smart-contract blockchain, FunFair is a decentralized, crypto-base casino gaming platform. Instead of being a casino operator, FunFair licenses its technology and games to casino operators. This gambling blockchain startup enables users to create their casino in seconds and start accepting players and processing payments immediately. It provides them with a secure, fast, transparent and fair platform.
Based: Dublin 2, Dublin
CMC Rank: 135
Volume (24h): $782,113 USD
Market Cap: $28,259,833 USD
Circulating Supply: 6,278,516,789 FUN
Total Supply: 10,999,873,621 FUN
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