When you talk about gambling games in the 21st century the first thing that will come to pretty much everybody’s mind is the world of online slots, simply because it is by far the most popular gambling option these days. In fact, you could quite convincingly argue that if it was not for online slot games that the entire online casino industry probably would not have expanded with nearly as much speed – for the best slots click here.
Seriously, there are tens of thousands of different online casino sites these days, as well as hundreds of different software designers too, and only a decade ago this just wasn’t the case at all, with only a few of the online casino veterans existing. Online slots are definitively the main reason for this, so read ahead for some online slot facts that will blow your mind.
Online slot Internet traffic
If you ever need to convince someone quite how popular online slots are in 2020 all you need to tell them is that online slot gamblers, sites and developers can frequently account for over 10% of the entire world’s Internet traffic! Can you believe it? It does sound outrageous, but that is just how many different games there are out at the moment.
Gambling analysts don’t see an end in site for the gargantuan slots industry either, especially with things like VR slots on the way. That means this percentage could be even larger in the future!
Some of the biggest jackpots of 2019
These days due to the massive amount of revenue that the online slots industry turns over each year the jackpot prizes also have a tendency to be absolutely massive too. Just take a look at some of these biggest jackpots of 2019:
- $4.92 million: The iconic NetEnt title Mega Fortune Dreams was responsible for a multimillion dollar jackpot being won by a 65 year old Scandinavian woman in March, and it was off of a stake of no more than $4!
- $5.52 million: Going down as one of the biggest online casino wins of all time, one lucky man from Newcastle was on the receiving end of 5.52 million dollars after giving the popular slot Mars Attack a few spins.
Exactly how developers make their games random
Ever wondered how online slot developers such as Big Time Gaming and Microgaming can keep their slot reels spinning randomly? Well, if it wasn’t for a little thing called an RNG – or Random Number Generator – this simply would not be possible.
The Random Number Generator is the random engine behind every time you spin the reels of an online slot, so we have a lot to thank it for.
The origins of online slots: Charles D. Fey and the Liberty Bell slot machine
We bet that the majority of slots fans in the 21st century have no idea about the interesting history of slot machines, with most people’s starting point being the Las Vegas golden age. But here’s the thing: slot machines go back a lot further than that, all the way back to the 1890s in fact, when Charles D. Fey made the Liberty Bell machine.
Launch of First Ever XDB/ZUSD Pairing Announced to Support Global Gaming Industry
The XDB Foundation has recently announced the first pairing of XDB with the new Zytara Dollar (ZUSD) on global cryptocurrency markets. The Biki cryptocurrency exchange will be one of the first platforms to provide access to the XDB/ZUSD trading pair.
“We are really excited to see the debut listing of the XDB/ZUSD trading pair,” says Michael Gord, the XDB Foundation’s Managing Director, “Asia-Pacific accounts for a significant portion of the global gaming community, almost 50%, and BiKi is perfectly situated to support this geography. We’re really happy to welcome them into our partnership ecosystem.”
The protocol layer blockchain DigitalBits is designed to support branded stablecoins and other branded currencies across a variety of use cases, offering crucial support to the global esports industry. The platform solves many of the issues involved in global tournament prize payouts, as well as enabling around the clock real-time payment transfers and global monetization of in-game currencies. Developers will also be able to create programmable incentives for gamers, therefore increasing fan engagement.
Issued by a regulated financial institution, the ZUSD is designed as currency for the future of the gaming and esports industry and beyond. The programmable dollar moves anywhere in the world at the speed of the Internet, and is redeemable…
XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange
Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //
Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.
Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.
The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.
NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.
NFTs are already being actively traded in markets globally. For…
Should Crypto Projects Devote Resources to Community Growth and Marketing?
2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for. While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory. When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion. But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.
I mention both of the above projects as they have each taken slightly different paths to achieve greatness. Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion. Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special. Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.
Cryptocurrency vs. Blockchain Technology
It’s important to make a distinction between blockchain technology and cryptocurrency. Although they are often used interchangeably, they are different. Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…