The True Decentralized Application in the Game Industry

DABANKING
3 min readJun 5, 2019

--

DABANKING

If there’s one thing that can take the credit of revolutionizing gaming industry then it is inarguably the decentralized application. It has taken the gaming industry by storm. In fact, decentralized applications are the reason why gaming industry is flourishing by leaps and bounds and gamers are earning income.

Understanding dApps

Decentralized applications (dApps) run on a P2P network of computers. dApp is an open-source software that derives its power from the blockchain technology. dApps are not controlled by any single entity. Since dApps are not centralized they are resilient, stable, autonomous, and secure than traditional applications.

Moreover, dApps employ cryptocurrencies as the built-in medium of exchange. Experts believe that dApps may bring a significant revolution in our digital world as huge as the one brought about by computer applications.

Bitcoin is believed to be the first decentralized application. The idea of Bitcoin was born after problems surrounding centralization and censorship started to surface.

The advantage of building dApp on Ethereum Network

The true potential of the blockchain technology can be exploited by Ethereum. Ethereum enabled developers to run their Dapps on top of their platform.

Ethereum will also create an alternative protocol in order to build decentralized applications with a special emphasis on development time, security, and scaling.

Why is FomoJackpot built on Ethereum Network?

Ethereum Network offers multiple advantages and this is the reason why FomoJackpot has been built on Ethereum Network.

To begin with, Ethereum Network ensures transparency and fairness which is necessary to win the confidence of gamers. Second, Ethereum paved the way for smart contract platforms. This helped in providing scalable platforms to developers. Scalable platforms help in attracting and retaining large number of audiences. Additionally, smart contract allows users to receive authenticated assets/items when they are bound by the blockchain.

Moreover, ETH network can handle up to 1 million transactions per second, making the process fast and secure. Thus, gamers can avail a lot of benefits by playing on FomoGame. They can exchange digital assets with high liquidity and allow to integrate blockchain into your game which increases the competitiveness against the traditional games.

Roadmap

DABANKING aims at bringing entertainment services to the decentralized application platform. The development team has come up with long-term strategies to make DABANKING a powerful ecosystem that allows millions of customers to experience our services.

DABANKING is working to prepare a technology foundation and officially introduce game ecosystem on DApp and start to develop DAB Token mining community.

As the community reaches 3 million users, DABANKING will officially announce its own Blockchain. DABANKING also intends to create the best community and focus on project development.

With DApp from DABANKING everything is 100% transparent and lead to a developed society with absolute transparency.

Conclusion

The future of the gaming industry lies in embracing decentralized applications. We have seen how so many large firms occupied an enviable position in the blockchain movement. This only goes to show that dApp is here to stay and rule the gaming as well as entertainment industry.

Follow us:

#dabanking #banking #finance #lottery #lottery banking #lotterbanking #dabanking #blockchain #cryptocurrency #entertainment banking #fomojackpot #mmo #dapp #decentralized application #Ethereum#bitcoin #eth #btc

--

--