Zero Edge is a startup building an online casino network with blockchain technology. Their expansion includes a new London office. The team consists of experts in online gaming, marketing, cryptocurrencies, support and more. They are welcoming gamblers in the United Kingdom.
The gambling market in the United Kingdom is over £14 Billion Pounds per year. The first gambling site based on blockchain will be released in the UK. London is one of the world’s largest markets for gambling. Zero Edge may rock the online gaming industry with the unique concept of a 0% house edge. This is the first time this concept has been applied to online gaming.
The online casino network of Zero Edge is a revolutionary way to offer casino games to individuals across the globe. Instead of focusing on making money off losses they will earn funds from the increased value of Zerocoin. The online gaming industry will be disrupted by this model. The 0% house edge ensures the games are fair for the very first time.
Zero Edge is allowing anyone possessing the technical knowledge to have their own games and profit from the Zero Edge token value. The tokens will be awarded based on the games popularity. This will result in a variety of games and a competitive environment. The cryptocurrency is called Zerocoin and the only way to make a 0% house edge profitable.
The advent of cryptocurrency is changing the shape of online casinos across the globe. Many gaming sites have started to accept Bitcoin as a form of payment, with Ethereum not far behind. This new currency type gives the player more freedom to deposit universal funds from any location, instead of relying on a credit card or online wallet with transaction fees. The online casinos Vegas Paradise and Jackpot Paradise are just two of the popular sites that have started accepting Bitcoin.
A new form of payment could not come at a better time. The online casino industry has been on an upward trend and shows no sign of slowing down. As a market posting a global revenue of over $20 billion in 2009, online gambling is projected to bloom to close to $60 billion by the year 2020. As cryptocurrency gets thrown into the mix, the global revenue for online gambling is bound to increase. The real revenue may be even higher, given the incredible rise in value for Bitcoin, Ethereum, and other digital currencies.