hello everyone back again with me, for all who decide to read this review. In it I would like to share with you an analysis of the BITFRESH project. I think this project is promising and I will be happy to discuss it in the comments.
INTRODUCTION
Gambling has been done by humans for a long time and has even become part of human culture for thousands of years. In the past, people gambled with a variety of media, the most popular of which were cards, roulette, etc. All gambling activities used to be done offline, but since the emergence and development of the internet, online gambling has become popular among people around the world. Until now, the global online gambling market size is expected to reach USD 127.3 billion by 2027, this makes the gambling industry very potential.
Talking about online gambling, maybe you will be interested in this one platform. It is an online gambling platform that offers users a transparent and fair service. This is Bitfresh - the first community-driven iGaming platform where everyone wins.
A dApp is an application that runs without a backend in a decentralized computer system - for example, on a blockchain. Accordingly, the dApp uses the main advantages of the blockchain: transparency, reliability and data immutability. DAPP (Decentralized Application) consists of a backend code running on a decentralized peer-to-peer network. DAPP can also have a frontend-generated user interface that accesses the backend. No central server is required for DAPP to function: the interaction between users and providers is direct.
The emergence of blockchain technology and other digital assets has changed the way the world today now manages and conducts transactions. This technology has been adopted by various industries including the iGaming industry to improve on the existing method on which their day-to-day business activities are carried out. The transparency and immutability of blockchain technology helps creating a unique experience for players in the online gaming space.
ABOUT BITFRESH
Bitfresh is a blockchain-based social iGaming experience that pays dividends to players. The platform is filled with a reward system to provide players with multiple ways to win and make money over time BitFresh uses blockchain technology to create a decentralized platform, where the gaming process is efficient, transparent and proves to be fair. BitFresh will take advantage of the maximum capabilities of blockchain technology, using the TRON network to provide gamers with a variety of benefits which include: Low commission fees, fast transactions, minimum bets, increased security, non-custodial betting, and dividend payouts.
MARKET
iGaming
iGaming consists of playing casino games, poker, and/or sports betting via the internet.
Factors such as the advancement of technology available (for example smartphones and apps), the higher trust of gamblers paying online, and the increasing digitization of the world, are making the iGaming market is seeing tremendous growth in many regions across the world.
The online gambling and chance industry are huge, with a market size of USD 53.7 billion in 2019 for online gambling and USD 7.5 billion for online lottery. Europe dominated the market in 2019 with a total size of USD 22.0 billions. The gambling market is expected to grow at a compound annual growth rate (CAGR) of 11.5% from 2020 to 2027, forecasting a USD 127.3 billion capitalization by that time. The convenience of a cashless mode of payment during gaming are likely to boost the iGaming market, during the forecast period.
FAIR PLAY
Fair play is always a topic of discussion among Casinos and their customers, GVC started a fair play initiative in 2018, while there is also a fair gambling codex that describes adequate terms of operation for casinos and consumers. Blockchain gambling is also in the 2020 trend
BLOCKCHAIN GABBING
Gambling on the blockchain has been on the rise. With actors like Wink, BlueBet and Dice2Win averaging more than a USD 4 million weekly transaction volume each. From what is currently reported on sites like Dappradar the top 25 casinos Dapps average more than USD 50 million in weekly transaction volume. If we account for a 2% casino edge, we
are talking of at least USD 1 million in profits a week generated just by the top 25 casino Dapps.
WHY BITFRESH?
Bitfresh provides a secure and transparent blockchain-based gaming platform that offers a range of games for interested users. There are both famous games and new ones. Choose from a huge variety and enjoy your time. Thanks to blockchain technology, the whole process is completely secure and you don't have to worry about the platform's fairness. Bitfresh prides itself not only on excellent design and aesthetic satisfaction from using our platform, but also in a completely safe and fair gaming experience. One of our goals is to bring a decentralized system that makes the whole experience 100% trustless and manipulation free.
Transparency & Fairness
Blockchain technology is considered as a means by which true transparency can be encouraged in a given business of a digital context. Bitfresh would be using blockchain technology "distributed ledger" to verify transactions on the platform, thereby eliminating the need for a third party.
Extra steps have been taken to ensure that the BitFresh iGaming platform is compliant with the most recent trends regarding iGaming platforms.
OUR GOALS
Our vision is to be a community driven iGaming platform that makes constant changes and iterations based on user feedback. The main goal is to create a fair and trusted environment for stakeholder and gamers alike
We want to be recognized as the first truly community driven iGaming platform
We want to be amongst the first big blockchain based iGaming platforms
We want to help moving the iGaming industry towards the right direction with provably fair gaming and true transparency
We want to be referenced on how successful a decentralized project can be become through the next generation of token economies
Innovative Game Mechanics
Auto-betting, token mining, hidden jackpots and community challenges.
Dividend Sharing
Get rewarded for your playtime as our platform grows.
Transparency & Fairness
Verify each transaction and eliminate the need for trust.
BITFRESH TOKEN
Designed for profit sharing and stakeholding.
Limited supply of 1,000,000,000
As the community grows, dividends increase with demand.
TRC20-BASED
TRC-20 is a technical standard used for smart contracts on the TRON blockchain.
ALWAYS EARNING
Obtain BFT each time you play, win or lose. Mining is relative the size of your bet.
FREE TRADE
Trade your BFT for the crypto of your choice — such as Bitcoin or Ethereum.
ROADMAP
A good project, with a clear road map with experienced and successful team. This is a very good project and its team is
working very hard on this project so that this project is going to give us a very good profit.
Conclusion
Project is getting more popular each and everyday.There is high probability that the project will become a market leader with the great team work.The idea surely beneficial for all.
This is a very good project and its team is working very hard on this project so that this project is going to give us a very good profit.
We who support this project definitely will doing to receive a lots of benefits from the ecosystem. We are with the project at thebeginning so we know the structure and we can spread the voice and invite people to join this amazing project.
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MORE INFORMATION
Website: https://www.bitfresh.win/
Whitepaper: https://uploads-ssl.webflow.com/5fc83b25f02d4d6f1ffd7da4/5fd6d34753c1a12aa9ce02df_bitfresh_whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5302447
Telegram: https://t.me/bitfresh
Facebook: https://www.facebook.com/bitfresh.win/
Twitter: https://twitter.com/BitFreshWIN
Instagram: https://www.instagram.com/bitfreshwin/
Discord: https://discord.gg/a8ShwSe7ns
Bitcointalk name: Nangkarak
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2603367;sa=summary
Trx wallet: TTYCnczsTtpAhu5oeLLoCRHX4PtW9NXRXc