Crypto Gambling UNDISCOVERED
The crypto gambling market is a fast growing industry with a market size of $250M. Players bet around $3M worth of tokens daily. 60% of bitcoin transactions are related to gambling.
This signals huge potential for investors in the sector, as only a small part of the crypto market value is in gambling. With the bull market approaching, big institutions have set their eyes on this industry. According to Straits Research, by 2030, the global online gambling market will reach $153B and BillionAir will be part of this.
Most significant events
Several of the most significant events in the crypto industry signals that Web3 trend has just begun:
- Casinos increasingly adopting cryptocurrencies and establishing cryptocurrency gateway as a promising future payment method.
- A survey by Fidelity Digital Assets found that 74% of institutional investors are interested in investing in cryptocurrency.
- Grayscale Investments, a leading cryptocurrency trust, has over $60 billion in assets under management.
- The Securities and Exchange Commission (SEC) might approve the first Bitcoin ETF in a few weeks or months.
- Hong Kong-based projects are still waiting for approval from regulators. These regulations went into effect in the middle of 2023 and the first approvals we can expect in 2024. In other words, Hong Kong is entering the market and everything will be regulated.
- Several $ETH ETFs have already applied for approval and the decision deadline is May 2024.
- Many banks are getting ready to offer cryptocurrency custody to their clients in 2024. In Brazil, NuBank already offers Bitcoin to its clients.
Web3 gaming is the future
Based on all these news, it can be said that cryptocurrency is gaining increasing interest and that crypto gambling has huge potential for growth. Many projects are funded by big corporations, funds, and banks and many more will join next year.
“Besides offering enhanced security and anonymity, cryptocurrencies facilitate faster and more efficient transactions. Players enjoy seamless, near-instant deposits and withdrawals with lower transaction fees in comparison to traditional payment methods,” explains Max Krupyshev, CryptoProcessing.com CEO.
In Web3 gaming we are starting to see big companies interested in developing and expanding the gaming ecosystems. For example, Ubisoft partnered with Immutable X to create an immersive Web3 gaming platform. Many games were listed on huge platforms like Apple Store, Google Play, and Epic Games and many more will be accepted next year.
This signals a huge step towards the mass adoption of crypto, NFTs, and Web3 games.
About BillionAir
Our mission is to provide a seamless, rewarding experience for both raffle enthusiasts and token holders, bringing in a new era of Web3 raffle gaming. With a vision of creating Web3 Casino as well as plug-ins for all external Web3 projects that wish to quickly introduce utility for their tokens. We’re committed to transparency, trust, and prosperity for our community and every other community that gets involved with us through our dApp plugin.
Our platform also introduces a staking model to stay in better shape and build strong relations with every supporter from pre-sale. Everyone who joins us has a chance of winning very luxury prizes with our NFT raffle tickets.
Join us at Billionair and be part of a future where every token is a step toward getting lucky in many variants of raffle games.
