In the world of gambling, trust has always been a tricky issue. From shady practices to rigged games, the industry has struggled to shake off its negative reputation. But now, one company is aiming to change all that. SP8DE, a new Blockchain-based gaming project, is on a mission to revolutionize the way we gamble.
“Don’t trust us; trust the code,” says a spokesperson for SP8DE. With Blockchain technology at its core, the company promises to provide unbiased public randomness for developing and running casino apps. By using Ouroboros, the POS protocol underlying Cardano Blockchain, SP8DE aims to overcome the obstacles plaguing the gambling industry, even in the decentralized world.
But what exactly are these obstacles? According to SP8DE, one major issue is the time it takes for transactions to be settled. In traditional casinos, delays can be a real buzzkill for players. And let’s not forget about those pesky settlement fees, which can eat into your winnings. With SP8DE, the company aims to eliminate these problems by offering a platform with no house edge, minimal transaction fees, and provably fair random numbers.
The company’s white paper outlines the transparency, autonomy, and simplicity of SP8DE’s protocol. Their scripting language is designed to make it easy for developers to create innovative gambling applications. And with smart contracts using SPX, the platform’s native cryptocurrency, each game on the Blockchain will be determined by the coin tossing mechanism that powers the Ouroboros protocol.
Excitingly, SP8DE is not just changing the game for players; they’re also shaking things up with their token sale. Participants who purchase SPX coins during the sale stages will be entered into a Jackpot game, where additional tokens will be distributed randomly. It’s like a casino where everyone wins – but those who join early and buy more coins will have a better shot at taking home a bigger prize.
The online gambling industry has exploded in recent years, with billions of dollars at stake. And with the crypto economy making its mark, the industry is set to hit one trillion dollars by 2021. Cryptocurrency offers users anonymity and transparency, making it an attractive option for gamblers looking to avoid scrutiny.
While casinos have always had a dubious reputation, SP8DE is hoping to change the game. By harnessing the power of Blockchain technology, they aim to level the playing field and make gambling fairer for all. Trust in the code, and let the games begin.
