#GambleFi encompasses decentralized gambling platforms and tokens that harness the power of #blockchain technology and smart contracts. Crypto casino gambling more than doubled in the first quarter of 2022 from a year earlier to about $6.3 billion.Ībout 36% of the bets were placed in crypto in the first three months of 2022, compared with 26% a year earlier. So the upside potential is off the scale and the sector’s growth rate already proves it. Looking at it another way, crypto’s overall market cap is now worth about $1.45 trillion, whereas crypto gambling tokens have a market cap of just $859 million. Whereas the global online gambling market is currently worth about $263 billion, crypto casinos come in at a meager $250 million, taking just fractionally less than a 0.1% share. Join Our Telegram channel to stay up to date on breaking news coverageĪs investors position for a possible raging crypto bull market fired by the approval of spot Bitcoin ETFs (exchange-traded funds) and Bitcoin’s halving, one corner of the market with huge untapped potential is crypto casino gambling tokens.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |