What makes meVu ‘Bet’-ter: Fee’s
A brief overview of online gambling in the world economy
So here you are, conflicted and excited. You have a few ethereum burning a hole in your pocket and you’re waiting for them to turn into a retirement…
What if I told you, that gambling is risky? You might just tell me the sky is blue. What if I told you there was no middle man? The house doesn't always win, if there is no house. You make the terms, and we take the smallest cut possible.
Decentralizing the economy is a big step, and frankly one that might not happen for years to come, but decentralizing the casinos… now that might be crazy enough to work.
Online Gambling Market Size
The online gambling industry is exponentially growing for a few particular reasons. The first being, many consumers are moving to the internet for even the most basic needs in life. If you live in the right areas, you could never leave your house, so long as you have an internet connection. The gambling industry is very aware of that and faces a growing threat every year, so much so that traditional casinos have invested millions of dollars into establishing themselves within the online gambling industry.
meVu does it better
We at meVu have done our part in not only slicing the fees associated with online gambling but demolishing them. Traditional online casino’s can charge anywhere from upwards of 15–20% in fees. With the aid of the ethereum smart contract network meVu has found a way too make 80% of that, at worst, completely unnecessary to you the better.
2–3% of the total stake goes into fees for our ecosystem, that is built from the ground up, fees so low they may seem impossible to the existing online gambling websites. This is a call to action, one that can’t be answered without major reform to existing infrastructure.
If you want to learn more about our vision you can read up or follow us at.
