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When Blockchain and Decentralization Disrupt Gambling

vDice is a leading blockchain gambling platform on Ethereum.

vDice is a leading blockchain gambling platform on Ethereum.

The ICO for the emerging platform has confirmed raising a huge $1 million in just 90 minutes, on its first day.

The ICO has been much anticipated by the blockchain world. The key international markets of Russia, China and Japan have responded very well to vDice.

Blockchain has become the darling of the technology space over the last 24-months. Many fortune 500 companies are racing to integrate the technology into the their systems.

The concept of distributed databases has seen many from mainstream finance embrace the technology.

Ethereum has emerged as the leading blockchain platform for distributed applications, otherwise know as ‘dapps’ or ‘smart contracts’. This is code without a server. It lives on a peer-to-peer to network. As such it is censorship resistant, and cannot be taken down. It is in the control of no single actor.

This has led many to call Ethereum the ‘world computer’. The vDice platform is betting that the first applications likely to succeed on this emerging technology will be gambling.

vDice is more than just a game. vDice is a platform that makes it possible for developers to start working on their own decentralized blockchain gambling Dapps for vDice.

The vDice ICO is still going. Interest continues to increase.

Now the vDice team is focusing on stabilising the main game and its underlying technology.

vDice is more than just a game. vDice is a platform that makes it possible for developers to start working on their own decentralized blockchain gambling Dapps.

Tristan Winters, a member of the vDice team notes:

“If vDice is the empty Nevada Desert that became Las Vegas, then the developers' dApps will be the Trump Towers".

It’s a playful analogy with far reaching implications.

It suggests a world of geeks in their bedrooms whipping up gambling games in the same way they make YouTube shows, or music. It will cost them nothing to stick the code on the Ethereum network. Instantly they will have a global audience.

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1.7 %

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108 bln BRL

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