One of the more popular mediums of online gambling is betting within the gaming industry. Betting within the gaming industry has become so popular in recent years that in 2016 alone the net number of bets made were worth 649 million dollars and these were just the bets that were recorded. According to forecasts the amount of money flowing through the eSports betting industry is at an upward slope, Eilers and Krejcik gaming have made speculations that in the year 2020 the eSport gambling industry will grow to 12.9 billion dollars.
Asura World is going to enter the eSport gambling industry with ASA coin, their cryptocurreny created on the NEO blockchain. However, Asura World has more to offer to the eSport gambling industry than just blockchain technology and cryptocurrency.
Benefits of Blockchain
ASA will make the bets made on the Asura platform much more secure. Due to the decentralized nature of cryptocurrencies any bets made using ASA will be transparent and secure. There can be no hidden fees nor will anyone be able to tamper with the transactions. If the user experiences any problems with the winnings from his bets he will easily be able to identify them due to the transparency provided by the NEO blockchain. In exchange for the ability to make bets on the Asura platform users will have to pay a small fee in the form of ASA.
Benefits of Smart Contracts
Asura World will be using smart contracts to enforce integrity and fairness of all bets. Smart contracts will remove the need for a middle man to supervise the bets. Which means that not only will smart contracts make betting cheaper but it will also greatly reduce the risk of people getting scammed. The Asura smart contract can ensure fairness because it is programmed to automatically transfer funds from one party to another as soon as the winner of the bets are announced.
Benefits of Asura
Unlike traditional eSport betting platforms Asura World will have its own new and unique betting features that will keep getting updated. For example, traditional betting platforms only offer a few basic and dull options for betting in a game. For example, team A gets first blood, team A wins, team A destroys the first turret. Asura will offer all the traditional betting options and a wide variety of other betting options for their users to keep things interesting. The betting options at Asura will be extremely diverse so that they can cater to all the different types of gamblers out there.
Want to Know More?
Website: https://asuracoin.io/
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=3290541.0
Whitepaper: https://asuracoin.io/whitepaper.pdf
Telegram: https://t.me/asuracoin
Facebook: https://www.facebook.com/asuracoin
Reddit: https://www.reddit.com/r/AsuraCoin/
Twitter: https://twitter.com/asuracoin
Author: https://bitcointalk.org/index.php?action=profile;u=2127077
Telegram: @SunnyFang
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