Gambling Contribution to DApp Growth In 2019

News / 31.12.2019

On the 30th of December 2019, Messari Crypto took to its Twitter account to acknowledge gambling’s contribution to dApps growth. Additionally, Ryan Selkis looked into the development and concluded that gambling is the best for the cryptocurrency domain.

TRON platform accommodates a significant number of gambling dApps and does play a part in the growth. WINK(WIN) was also among the best because of the distribution of its tokens in an IEO through Binance. The use of tokens in gambling brings anonymity to these games, while Asia is leading the other countries in this application.

Gambling dApps strived to take the top position; however, it remains unclear whether bots handled any aspect of statistics development. Currently, 883TRON is the most active in gambling dApps; the other leading ten on the network remain within the gambling category, facilitating the effective token transfer.

EOS on Accommodating Gambling dApps

In 2019, EOS could not accommodate some dApps; therefore, EOSBet, an active gambling environment, moved due to the consumption of EOS resources by EIDOS simulated mining. Nevertheless, due to its different approach to resource allocation, TRON survived.

Even though there is a significant barrier, dApps are still optimistic. Apps and storefronts are focusing on startups that could compromise the terms and conditions of Withfinance and gambling. DApp growth is helping understand the successful and unsuccessful platforms. Some platforms this year could not accommodate dApps.

Tezos had no transfers as Cardano remained in testnet mode. On the other hand, Hedera failed due to faulty tokenomics, making its network collapse and part of its council nodes shut down. However, dApps do not dictate the success of token price, but they serve as a motivating use case for crypto assets.

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Dacosta Osei-Tutu, a first degree holder in Nursing, who couples his Nursing career with blockchain blogging, has a great passion for the blockchain technology and aims to play a vital role in applying this revolutionary technology to disrupt the healthcare system in Africa.