COIN-BET is Virtual Reality blockchain gambling platform.
Virtual reality is about replacing real sensory input with artificial impressions, mainly visual and auditory, but sometimes even movements.
The concept is that a fictional world is created in front of the user's eyes and the user feels as though he or she is actually in that digital environment. This can be done using a special glasses known as a VR glasses.
The most sophisticated VR glasses are also equipped with sensors that detect head movements and then reflect them in the virtual world.
Some VR glasses can also connect to a hand-held controller or motion sensors, for example, that translate the user's body movements from reality to the virtual world.
This all creates the illusion that the user is part of the virtual world being displayed.
Virtual Reality on the gambling market
In other words, virtual reality is in a growth phase.
This means that the use of the technology in various industries is in its start-up phase in many cases. This also applies to virtual environments for gambling.
Despite this, technological development for gambling has come a relatively long way in a short time. COIN-BET is already games developers working on VR technology in games such as slot machines, poker and roulette.
For example, this technology makes it possible for a player to enter a virtual casino environment in which he or she can play and socialise with other players in a way that is not possible in the current digital casino environment.
As with many other technological developments, the industry needs to attract investor to drive the technology forward in order to be successful.
BLOCKCHAIN IN ONLINE GAMBLING
Cryptocurrencies quickly seize the online gambling market, turning into the most popular means of payment among gambling sites.
Many participants of the online gambling market believe that the crypto-currencies will continue to seize this industry. First of all, this is related to the advantages over the fiat currencies, that is, in low regulators control relative to fiat money for both players and online operators of this industry.
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