ONIZ – THE DECENTRALIZED SPORTS BETTING PLATFORM

in blockchain •  5 years ago 

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Blockchain is an innovative technology that triggered a revolution in the world. The impact of the technology and the underlying currency, cryptocurrencies, is now global. It did not only focus on the financial sector as it earlier scheduled but also extended to other industries/divisions of the economy.

The rule is simple: if blockchain and cryptocurrencies must be globally used, then they must extend their services. One of the ways to attain global recognition is to apply the technology and currency into reality through the relevant frameworks.

As the blockchain community continues to strive for global adoption of cryptocurrencies, then it’s imperative to use a platform like the ONIZ blockchain to actualize the purpose. Read further to discover how it can gain entrance into the real-world using the gambling sector as the route.

THE POTENTIALS OF THE GAMBLING INDUSTRY

Interactive Gaming (iGaming), otherwise called gambling or sports betting, is an approach that empowers players and sports enthusiasts to play their favourite games in return for specific tips. The industry grows at a fast pace, with many players from different countries joining daily.

Now, some of the online casino platforms are under centralized controls, which make players susceptible to any decisions taken by the bookmaker. That would, in the future, lead to the arrogation of more powers to centralized bookmakers.

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THE ROLE OF THE ONIZ BLOCKCHAIN

The sports betting industry needs to be booming. The application of the distributed ledger of blockchain is one of the most effective ways of facilitating that move. Interestingly, ONIZ blockchain is one of the blockchain-based platforms that can reposition the industry for the better.

THE FEATURES OF THE PLATFORM

At the core of the proposals made by the platform is the provision of the right networks to improve sports betting.

First, it has a dedicated Artificial Intelligence (A.I), which helps players to have an accurate prediction of their favourite sports. Also, the A.I is touted for its accuracy that is up to 80%. That signifies that you can be confident of making the right betting decisions in the end.

PLAY ON A DECENTRALIZED CASINO

With the provision of an independent A.I, you would be expecting that ONIZ would have some other things in stock for the growing community of casino players. Indeed, there is more, especially the provision of a decentralized casino.

Already, the platform is in correspondence with Sbobet, an online casino that would have interoperability with the ONIZ blockchain. It would be the medium through which players can spend their crypto funds to wager on their favourite games.

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FUNDING YOUR CASINO ACCOUNT

As stated earlier, one of the ways to increase the adoption of cryptocurrencies is to have a real-world use case. The decentralized casino offered by ONIZ creates the needed environment that ushers in the use of the currencies.

In that regard, we’re looking at the use of the built-in ONIZ Token (ONZ) to add funds to your casino account. More interesting is the fact that you wouldn’t have to look for where to convert your coins. Instead, you can make use of the advanced technological system to seamlessly convert your crypto coins to the fiat counterpart. You can also use the crypto coins in the casino without necessarily converting them.

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CONCLUSION

The blockchain and crypto community had been anticipating the incorporation of blockchain and cryptocurrencies into real-life usage. The ONIZ blockchain makes the quest valid, as the array of features it has would set the technology and the currency on the path of massive adoption.

USEFUL LINKS
Website: https://oniz.co/
ANN Thread: https://bitcointalk.org/index.php?topic=5165733.msg51844051
Telegram group: https://t.me/Onizco
Telegram Channel: https://t.me/OnizCo1
Twitter: https://twitter.com/Onizco

AUTHOR'S DETAILS
Bitcointalk Username: Ifychuks
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2397927

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