EOS in Gambling

1 Star2 Stars3 Stars4 Stars5 Stars (5 votes, average: 1.80 out of 5)
Loading...
Gambling with EOS

EOS cryptocurrency is one of the most popular cryptocurrencies online. So, if you were interested in whether you can gamble with it, this article will hold the answer for you.

Gambling with EOS

The world of blockchain is rapidly growing and spreading its influence over multiple industries. With each passing day, we can see new blockchain solutions popping up and solving everyday problems for companies around the world.

One of the most important things about most blockchain platforms is that they tend to gravitate towards decentralization, democracy, and an open call for all who want to participate in their projects. All of those are characteristics that you wouldn’t be able to see in any business models from the previous century. Moreover, EOS is one of the most popular cryptocurrency projects you will ever see. However, before we get into the article too deeply, we should probably discuss what it is.

About EOS

The initial release of EOS happened only recently in January 2018. However, it didn’t take the new crypto long to become one of the most popular blockchain platforms online. What is more, the reason for that is not that hard to figure out. In essence, EOS.IO offers a protocol that emulates the characteristics of a physical computer, but, that is not the goal of this platform.

Ultimately, it allows the users to start developing their own applications on a decentralized operating system. Those applications can be used to support large-scale functionalities, and they allow businesses from around the world to join the blockchain race. EOS.IO is a smart contract-driven platform that enables the development of apps on an industrial scale.

The parallel processing power of this crypto coin provides incredible scalability while the core promise of the platform is that the ownership model allows users to eliminate transaction fees.

Moreover, while they are not in direct competition, those features give EOS the ability to threaten Ethereum with the possibility to take over the title of the number one altcoin. After all, it is already conducting millions of transactions each second, and that number is only going up.

EOS Casinos

EOS and CasinosNow we have spoken about some of the essential characteristics of the EOS network; we should maybe talk about the ways you can bet the tokens given to you by this platform.

As the token holder, you should be happy to find out that numerous websites allow you to wager your tokens. For starters, there is a straightforward dice game that you can enter right on the EOS network. The house edge on that game is just 1%, and it is categorically provably fair. Moreover, you can also join their never-ending game of baccarat that deals the cards every single minute and plays a very modernized version of the all-time classic.

Furthermore, as EOS has enabled developers to create casino games on the platform and use its token as the primary currency, new games are popping up almost daily.

Of course, that is far from being your only option for playing with your favorite token. Casinos from around the world are embracing EOS and its popularity and giving their players a chance to play with its coins. With just a bit of time on your favorite internet browser, you will be able to find some online casinos that accept EOS as a method of payment.

Verdict

EOS.IO is a fast-growing platform. However, more importantly, it is one of the most stable cryptocurrencies out there. With that in mind, it makes sense to use this token to play games of chance online. Besides, if you love blockchain gambling with provably fair games and top-notch security, you will enjoy the games that are being developed on their platform.

Related Posts

Read more

Cherry-Picking the Best Casino: Things to Pay Attention To

The large selection of online gambling sites out there can make players somewhat puzzled, and give them a feeling of uncertainty about making the right choice of casino. Each online gambling venue offers its own conditions, games, and various bonuses, of course; but the most important thing is the reliability of the casino and the […]

Read More

The Truth about Online Casino Bonuses and Promotions

Ever-increasing competition in the gambling world leads to new inventions in online casinos. Online casinos are searching for more and more ways to attract new players and keep their regulars interested. One of the most widespread ways to promote a business is to create a decent loyalty program. Bonuses and special offers are an integral […]

Read More

How to Play Roulette and Win: Tips and Easy to Follow Advice

People who play roulette are very special! They know that there is such a thing as the house edge, and the house is always going to gain a general advantage over the players. They know that the odds are against them and that nobody has become a millionaire purely from playing roulette – unless they […]

Read More

Online Casino Options Will Be Increased by Including Sports Betting, Thanks to the USA Courts

Online Casino Options Will Be Increased Thanks to the USA Courts Who says one of the most powerful and influential forces in the USA (aka the judiciary) isn’t a big fan of gambling? And no, we’re not talking about federal judges who like blowing huge sums of money in Las Vegas, nor even about a […]

Read More
YOU MAY LIKE IT