Mastercard Partners with Reserve Bank of Australia for Groundbreaking CBDC-NFT Trial 
Elon Musk's X to Launch In-App Payment Services on Social Media Platform in Mid-2024 
PayPal Shares Climb 7% Amid Strong Profit Forecast, SEC Scrutiny 
Standard Chartered’s Investment Arm, SBI Holdings to Set Up Digital Asset Joint Venture in the UAE 
Kraken's Jesse Powell Criticizes SEC Over Legal Action 
Visa Expands Digital Wallet Capabilities with Visa Commercial Pay 
Wizards of the Coast Balances High-Level Play in Final 5th Edition Dungeons & Dragons Campaign 
Indian Banks Disburse Employee Benefits Through Digital Rupee, Boosting RBI's Target Transactions 
Alchemy Pay Forms Strategic Partnership with Worldpay to Expand Cryptocurrency Payment Channels 
Standard Chartered Joins China's Digital Yuan Trials, Eyes Cross-Border Payments 
Visa Launches Global AI Advisory Practice to Unlock the Potential of AI in Payments 
BlackRock Seeks FDIC Oversight Deadline Extension to March 
Citi Unveils Blockchain Platform 'Citi Token Services' for Enhanced Digital Asset Interaction 
Robinhood CEO Vlad Tenev: Blockchain Can Open Private Markets to Retail Investors 
Mastercard Partners with MoonPay to Unlock Web3 Capabilities in Experiential Marketing 
JPMorgan, Citibank Korea Face FTC Penalties Over Collusion; Supreme Court Upholds Ruling 
Crypto Investment Platforms eToro and M2 Granted Approvals to Operate in the UAE 
Ethereum is the continuation of a very grand experiment. That experiment started with Bitcoin and has come to be known generally as blockchain.
Ethereum is a tool for any developer to make any type of decentralized application. It is the idea of a “world computer” or “php in the cloud”, realised.
The first generation of developers are using this tool for a variety of purposes. If history is any guide, gambling will be the first successful application.
A number of developers are already building such decentralized apps. Leading the charge is the vDice platform.
Their decentralized fund raiser, on Ethereum, has a raised a substantial $2 million so far. The ICO is still live and finishes this week.
Technology enthusiasts from across the globe have thrown their weight behind this project.
With its success come profound implications. The vDice platform aims to be what it calls the “Wordpress of Gambling”. Project founder Jason Colby noted, "Maybe you’re talented. Maybe you’ve written a great gambling app for Ethereum. The incentives are great. The monetisation model is built right in. If you don’t have the time to promote it, just contact us. We’ll stick it on the vDice platform. Then you can leverage our brand, reach and marketing”.
The online gambling industry is huge. It is orders of magnitude bigger than the big blockchains; Bitcoin and Ethereum.
If vDice were to even capture a small percentage of that market the implications for the Ethereum network would be substantial.
Jason Colby further noted, "There are so many developers making free apps for platforms like Android and the App store. They’re not getting paid. They should have a better opportunity to make decentralized apps for Ethereum and earn for their skills. Our platform offers that unique opportunity”.
The real disruption associated with decentralization never really came to gambling, for a variety of reasons. With blockchain technology and platforms like Ethereum and vDice that may very well change soon.
