Latest News

BLUEBET Becomes the Leading Crypto Gambling Platform in Terms of User Numbers

Reading Time: 1 minute

BLUEBET has emerged as the world’s leading crypto-betting platform in terms of user numbers and appears set to consolidate its position with a longer-term strategic focus on cross-chain crypto gambling.

The BLUEBET project is an EOS-based blockchain platform and also currently ranks as the most popular public blockchain project overall with over three thousand daily users.

Designed with a Chinese audience in mind, the makers of BLUEBET appear to be targeting the growing popularity of online blockchain-based casinos in Asia, with a strong Chinese user base attracted specifically by the anonymity of blockchain interactions in a country where all gambling activity is considered illegal.

The platform claims that it will eventually accommodate a range of cryptos including Bitcoin, Ethereum, EOS and other common cryptocurrencies – potentially giving it a strategic advantage for attracting new users over other crypto-betting competitor platforms.

“There is a very high level of bot traffic on gambling dapps. We’re currently doing some research on this subject at DappRadar, but my personal gut feeling is +50% of traffic for some gambling dapps comes from bots,” Jon Jordan, a spokesperson for the DappRadar website said.

The longer term adoption of crypto gambling platforms still sits under a regulatory dark cloud given, in part, the lack of clarity that exists in many jurisdictions for the taxation of crypto assets.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: BLUEBET Becomes the Leading Crypto Gambling Platform in Terms of User Numbers

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

Related Posts

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.