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Online slot facts that will blow your mind

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online slots

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.

Image by skeeze from Pixabay

Altcoins

Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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Altcoins

BITTREX GLOBAL CONFIRMS FREE TRADING AND LISTING FOR TOP DEFI TOKEN

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Valduz, Liechtenstein, 17th November, 2020, // ChainWire //

International cryptocurrency exchange promotes free trading and no gas fees for leading DeFi tokens

17th November 2020 — Bittrex Global GmbH. announced today 8 new DeFi tokens will be listed this week including:

  • UMA (UMA)
  • Aave (AAVE)
  • Balancer (BAL)
  • REN (REN & renBTC)
  • Kyber Network (KNC)
  • Band Protocol (BAND)
  • YF Link – (YFL)

Bittrex Global’s users can trade all of their DeFi  tokens with no trading or gas fees until 2021. The decision to enable free trading on Bittrex Global for DeFi tokens  follows on from the 1,000% growth of the DeFi asset class over the course of 2020.

The decision to enable free transactions will see more investors enter the Blockchain Act’s digital asset regulatory system, supervised by the Financial Market Authority in Liechtenstein (FMA) under the Due Diligence Act which requires traders to comply with the KYC/AML/CFT standards.

“The last year has seen huge growth in DeFi as an asset class and a number of significant milestones completed,” said Bittrex Global’s CEO Tom Albright. “As the asset class matures and more institutional and professional investors look at the fundamentals, we are likely to see increased demand and higher trading volumes for DeFi in 2021.

We’re really excited about what we’re seeing in the space and want to see these DeFi projects grow and help them build stronger platforms through increased adoption. Offering free trading fees…

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