Why are casinos shifting to cryptocurrencies ?
The most important reason to deploy cryptocurrencies for gambling in casinos is that cryptocurrency protects the casinos from facing any fraudulent activities by the players. The operators will not have to waste their time on disputes with players and claims to chargebacks can be avoided. Also, the process of opening a casino operating on cryptocurrencies takes lesser time and increases the number of visitors, which helps in expanding the market.
Cryptocurrencies can prove to be a great alternative for societies which have an unstable financial system. Working with cryptocurrencies eliminates the inconveniences which are associated with fiat money and reduces the time cost. Hundreds of online and offline casinos are functioning all over the world with a huge number of players and hence, casinos making use of cryptocurrencies enjoy a lot of profit.
Is there a change in behavior among the gamblers ?
Yes. There has been a change seen in the consumer behavior in terms of global casino gaming market with the increasing popularity of the online and offline cryptocurrency gaming industry in terms of gambling apps and social gambling
Yes,but isn't the gaming industry saturated ? Should Liger enter this industry ?
the casino industry has been increasing at a high rate with a CAGR of 10% since 2017 and will be increasing at this rate till 2021.
oh ok. Then it's the right time to enter. But Bitcoin is already present and many casinos are accepting it also. How will Liger fit in?
Yes it is true that Many casinos have already started accepting Bitcoin, but over its slow transaction rate and high transaction fees, Ligercoin seems like a favorable choice.
How will it be faster and economical ?
Ligercoin uses the Ethereum blockchain, provides ERC20 tokens, and uses smart contracts to support complete transparency, which are highly secure, easy, and economical to use. It removes the middleman, and reduces the transaction fee, all the while remaining anonymous.
