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EOSBet Blockchain Gambling App secures First On-Chain EOS Network Casino License

Announcement has been made by the EOSBet that they have managed to secure its accreditation from the oldest online gaming regulators in the market, the curacaon eGaming.

It has been designed as a smart casino that is entirely on the On-Chain gambling dApp. The idea behind this game is, the players will wedge the EOS on the dice throwing game, or the platforms uniquely designed baccarat game.

With these unique features, the platform is able to offer its user makes it the top rated dApp that is currently on the EOS Network. A platform that has been able to gunner over $5 million in betting volume.

The company designed to address some of the fundamental problems that are existing in the centralized online gaming platforms. Some challenges have been addressed by the platform are the lack of trust that exists in these platform, the costly fees on the games and not forgetting the high house advantage that tends to kills your motivation to play.

The dApp has also gone ahead to claim that it is the very first community driven online casino that you can find in the market. This is by allowing the holders of the BET token to be able to receive instant rewards in the form of EOS, this has been calculated to be around 100% of the profit that is earned from the game.

When we look at few months back in October, the EOS bet platform was able to pay out over $1 million to their current token holders, this is only after two months that the platform had been live and operational.

 

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About the author

Caleb Jose

Caleb Jose

Caleb is based out of Kansas City and he is responsible for overseeing day-today processes of Casino Buzz. He takes care of the backend technology, along with being the main data collector and reporter for Casino Buzz. He can be reached out at cj@casino.buzz

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