What are the problems that need to be solved urgently in the integration of gambling and blockchain in the future?
Union International Inc (company number: 20151533091) was founded in August 2015. It mainly focuses on online gambling website and offline entertainment industry. It is headquartered in Las Vegas, Nevada, USA. The entertainment company, Union International Inc, was founded as a club-style casino. In 2017, it transformed to an online entertainment website to set up sports betting, board game, poker and other game sections to build a global brand of integrity.
It is worth mentioning that, as one of the world’s first payment platforms that uses token, Union International Inc aims to build a global digital gambling business platform which provides a convenient transaction for global users, and treat every player with a fair and safe gaming experience. After becoming a member of the website, you can consume with the blockchain token, and it can support real chip exchange. Only a small amount of fee is charged. Thus, it brings a whole different gaming experiences to players with different needs.
At present, gaming, gambling, and high-risk DApp occupy an absolute dominant position in the comprehensive ranking on the ETH/EOS/TRX blockchain. Since blockchain technology is still immature, many people want to make use of blockchain venture capital to get returns.
Pursuing interests is a common attribute of all people in the market. With that, gambling DApps naturally attract many people. The current global market value of the online gambling industry is close to 6 billion US dollars, which does not include those that are not regulated. In the past five years, the global social gaming market has developed rapidly with a growth rate of 173%, from USD 3.3 billion in 2015 to USD 5.7 billion in 2020.
Thus, in the context of this market and human nature, several disadvantages in the industry have gradually emerged:
1、In the gaming industry, winning by cheating is not uncommon. The problems of black card, private server, plug-in, and account hacking are still a thorny problem nowadays even when the computer technology is generally developed. After all, things are not good or bad, but people’s hearts are unpredictable. Hence, human nature determines the reputation of this industry and game.
2、The game developers and players are usually not on the same page. Game developers and planners mainly think about how to obtain user value on the basis of fun, and obtain player benefits by modifying the game parameters. On the contrary, the players want to obtain benefit by seizing the time and looking for bugs in the game.
3、The issues of gaming industry. Centralized platforms could not provide an open and transparent information. Many users worry that the platform party may flee after a large amount of cash being transfered into the platform. This is because the safety of funds cannot be guaranteed.