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New Study Shows Crypto Volatility Biggest Barrier to Mainstream Adoption
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Vast Majority Would Like to Use Cryptocurrency Daily But Cite Volatility as Primary Concern
Meter, a high performance decentralized stable cryptocurrency linked to the global average competitive cost of electricity, shared the results of a new study that reveals volatility is cryptocurrency’s most pressing issue hindering mass adoption.
As the world becomes more connected through the Internet, we see more avenues for exchange of goods, services and ideas across disparate and distant borders. Meter conducted a study of 1,000 U.S. consumers who were familiar with cryptocurrency to learn about opinions and concerns around the technology.
Cryptocurrencies were created with the vision of being decentralized, streamlined units of value that can be used worldwide without manipulation. Today, evolving socio-economic structures and financial systems fostered through the Internet require a new global currency to create a healthy decentralized financial system and provide worldwide financial inclusion.
Meter’s survey found that almost two-thirds of respondents believe having one global currency would be beneficial to society. More than half believe one global currency would level the economic playing field for all countries, 75 percent believe it would eliminate political pressure to inflate or manipulate a currency to meet a single nation’s needs and 65 percent think it would encourage trade growth.
Due to advancements in technology, society has shifted its spending tendencies and the majority of people are using cash less and less. In fact, 86 percent of respondents make less than half of their purchases with cash. With an overwhelming majority primarily using electronic forms of payment, it’s no wonder using a cryptocurrency doesn’t seem so far-fetched: over 90 percent of respondents would use a cryptocurrency that is stable and accepted as a form of payment almost everywhere.
However, enthusiasts and skeptics alike agree volatility is the biggest issue surrounding cryptocurrency – almost 90 percent worry about volatility. Of those who own cryptocurrencies, 60 percent cited volatility as the most inconvenient aspect of using cryptocurrency.
Of the respondents who did not own any cryptocurrencies, almost half specified volatility as the primary the reason they had not invested. More than three-quarters would be more likely to purchase cryptocurrencies if they were less volatile.
Given today’s political climate, an undertone of distrust with today’s institutions was also apparent, as 72 percent of all respondents would prefer to use a stable cryptocurrency that could not be manipulated by governments or banks. Just over one-third of respondents are satisfied with the U.S. government, and less than one-fourth believe it is ethical. Governments have typically controlled currencies, but it seems we are moving away from traditional institutions to decentralized models.
“Although cryptocurrencies have garnered much hype, none exist today that function as a true currency,” said Xiaohan Zhu, CEO of Meter. “For example, measuring values with Bitcoin is like using a ruler made from a rubber band, its value or length stretches and contracts based on supply and demand. The digital age calls for a stable unit of account that cannot be manipulated by any one party.”
Other interesting facts include:
- More than half have used them to purchase goods and services online
- 46 percent had used cryptocurrency to purchase goods or services related to gaming, 35 percent had purchased gift cards and 16 percent had purchased food
- Surprisingly, Red (53 percent), Blue (61 percent) and swing states (57 percent) all felt tepid in their belief of the U.S. government’s ethicality
- 82 percent of those who did not own any cryptocurrencies would like to own some in the future
Watch an explainer video on Meter and view the full report here.
About Meter
As the first cryptocurrency to provide all of the true functions of money, Meter is designed from the ground up to be the world currency. Its first-of-its-kind highly scalable platform is permission-less for open participation, fast and secure with a sustainable economic model. Functioning as an independent, decentralized unit of value, Meter is pegged to the global competitive price of electricity, which has been more stable in purchasing power than any fiat currency in the past 100 years. It has an additional monetary policy and cross-chain mechanisms governed by its community represented by a separate governance token.
All registered or unregistered trademarks are the sole property of their respective owners.
Source: Meter
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GGPoker Launches Exclusive Online Satellites To WSOP Circuit Bratislava
Live poker festival hosted at Card Casino Bratislava, Slovakia from August 1 through August 12
GGPoker, the World’s Biggest Poker Room, today announces the launch of online satellite tournaments for the WSOP-C Bratislava €1M-Guaranteed Main Event. This massive tournament headlines the upcoming WSOP Circuit Bratislava poker festival, which runs from August 1 through August 12 at Card Casino Bratislava and will be the sole WSOP-C stop in Slovakia this year.
WSOP-C Gold Ring & €1,000,000 Guaranteed
The WSOP-C Bratislava Main Event features a €1,500 buy-in, and the winning player will take home a coveted WSOP Circuit gold ring in addition to the largest slice of the €1,000,000 guaranteed prize pool.
Players do not need big bankrolls to begin their journey to WSOP Circuit Bratislava. GGPoker qualifiers start at just €1, so a modest investment could win a ticket for the series’ headline event—and maybe even lead to a deep run and that prestigious ring!
Satellites From €1
GGPoker players can qualify via three stages:
- €1 Step leading to
- €15 Step leading to
- €150 Final Phase Satellite
Players can buy in directly to any stage, and each €150 Final Phase Satellite guarantees at least three tickets to the €1,500 Main Event.
“The chance to qualify for the WSOP-C Bratislava Main Event for just €1 is hard to resist,” said Paul Burke, Head of PR at GGPoker. “With GGPoker’s online satellites, you can secure your seat from home and then make the trip to Bratislava for the live stages. We’re thrilled to bring this marquee tournament to Slovakia’s capital for the first time, putting world-class poker on players’ doorstep.”
Satellites are already available in the GGPoker tournament lobby, and the poker community can follow updates from the live festival on WSOP.com and Card Casino Bratislava’s social channels.
To ensure that WSOP Circuit Bratislava players enjoy the best experience possible, the festival will use the new WSOP+ application, which makes event registration, player tracking, and content sharing easier than ever before.
The post GGPoker Launches Exclusive Online Satellites To WSOP Circuit Bratislava appeared first on European Gaming Industry News.
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GoldenRace’s Social Crash, the feature of engagement
GoldenRace, the leading B2B provider of award-winning Virtual Sports and betting solutions, has announced a major innovation in its Crash Games: a new in-game live chat feature designed to transform solo gaming into shared, interactive experiences.
Crash games have long been synonymous with speed, intensity and instant gratification – but they’ve traditionally lacked a social element. Now, GoldenRace is changing that with a feature that brings real-time interaction to online casinos, turning every session into a community-driven event.
“We wanted to recreate what retail betting has delivered for centuries – a truly social experience – but adapted for the online casinos,” said Martin Wachter, CEO & Founder of GoldenRace. “We’re giving operators the tools to engage more players, build stronger communities and maximise one of the industry’s fastest-growing verticals.”
Research consistently shows that social presence significantly boosts player retention, session duration and brand loyalty – especially among younger audiences who expect interactive, connected experiences.
The new functionality enables a live chat with preset messages, emoji reactions and instant cash-out sharing directly within the game interface. Every interaction is tied to a visible username, allowing players to see and respond to one another’s actions as they happen. Even with the chatbox packed, floating messages and emojis ensure no moment goes unnoticed.
From an operational perspective, the feature is seamless to integrate and manage. All settings are controlled directly from the back office, with no additional technical effort required.
The upgrade is now live across GoldenRace’s most popular Crash titles:
- Meteoroid,
- Fire Crash,
- Jet Escape,
- Boom Ball Juggle
- Danfo Crash.
The post GoldenRace’s Social Crash, the feature of engagement appeared first on European Gaming Industry News.
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Vibra Mines: The Classic Minesweeper Transforms into an Explosive Game of Prizes and Strategy
Keep clicking to uncover stars and boost your winnings… but one wrong move could blow up the game.
Vibra Gaming, the leading game and platform developer for the LatAm market, presents Vibra Mines, a modern and vibrant take on the legendary Minesweeper, where every decision can lead to huge multipliers and guaranteed excitement.
The game unfolds on a configurable grid (3×3, 5×5, 7×7, or 9×9) with hidden tiles. Players can choose how much to bet and how many bombs will be on the board decisions that directly influence the risk level and potential rewards. To win, players click on tiles to reveal stars, increasing their bet multiplier. At any moment, they can choose to cash out and walk away before a bomb is revealed.
The game also includes innovative mechanics that take the excitement to another level. By choosing the number of hidden bombs on the board, players can adjust the difficulty and boost their prize multiplier as the round progresses. Additionally, if a heart appears after triggering a bomb, the game grants an extra life, allowing the player to continue without ending the round. This unique mechanic adds an extra layer of thrill and strategy, as only one extra life can be obtained per round.
Sebastián Caden, Marketing Manager at Vibra Gaming, comments: “With Vibra Mines, we wanted to go back to basics: a simple yet captivating mechanic. It’s a game where intuition and strategy are key, and where every player can choose their own level of risk. We know it’s going to generate huge excitement among players throughout the region.”
The post Vibra Mines: The Classic Minesweeper Transforms into an Explosive Game of Prizes and Strategy appeared first on European Gaming Industry News.
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