A pioneering firm, BlockBet, has announced plans to launch a blockchain powered casino and gaming platform in both the digital and physical world.
This gesture is said to be a refreshing addition to the gaming scene whilst managing to solve a number of compliance-related problems, thus making it appealing for regulators to support.
As noted in a press statement, BlockBet said this advanced technological makeup plays a crucial role in the innovation they are seeing across the gaming industry today.
The Founder of BlockBet, Onyi Goldman, affirmed that the platform allows for seamless, secure and succinct compliance, placing its players’ needs at the centre of all they do.
“In fusing our expertise in traditional gaming with secure blockchain networks, BlockBet’s casino and private players experience will differ from the rest.
“Yes, it’s immersive and innovative but the intelligence we use takes it up a notch by placing our players in the seat of the creator. You really can create your own wealth here,” Goldman added.
However, he continued that BlockBet has been built on these words in its successful and thorough creation of an upper echelon within the gaming industry. Adding, he expressed that this surpasses the limitations of mind and physical, within the digital.
“As it stands, the economy of online gaming is said to be worth more than $92.9 bn US within the next year.
“By 2027, if the industry remains on its current trajectory, its value will amount to 314 billion USD,” says the founder.
For the management, the casino is an exponential growth within an extremely short period of time, heavily based on the market size of gaming as a whole, which in 2021 was valued between $177.8bn and $180.3bn
Meanwhile, the BlockBet virtual casino and exclusive players club is set to launch next month, with BlockBet expecting to see returns of up to $60bn within its first year, based on market predictions.
The profits accumulated will ultimately take the form of valuable NFTs, acquired by its players onto their unique BlockBet NFT cards as a result of using their assets and winnings both digitally and in the real world.
The BlockBet boss added, “Eventually, we envision a world where our private players club will become the digital space for the elite. You’ll be able to use the BlockBet NFT cards at will throughout the world as a means of access, payment and of course, leisure.”