Yahoo Finance Cryptocurrencies Can Change the Game
Zero Edge is in the midst of its initial coin offering and will likely be the game changer for the industry, by delivering solutions to all major flaws that led to the shady image across the industry.
Along with the increasing popularity of Bitcoin, Ethereum and other cryptocurrencies, the online industry is looking for the help of starts up such as Zero Edge to take a bigger piece of the pie, online gambling revenue has only accounted for 25% of total revenue in 2017.
While platforms get revamped, with the companies embracing Zero Edge offering likely to prosper, the focus is beginning to shift towards the cryptocurrencies that have been created within the industry in mind that will, not only benefit from the anticipated boom in the online industry, but also from an increased use of cryptocurrencies.
Zero Edge has created a cryptocurrency, Zero Coin, which has been created purely for the gaming industry and can be purchased with Ethereum (ETH). Holders of Zero Coin likely to see significant upside as the industry gets the much-needed upgrades and embraces the Zero Edge platform that will be going global this year.
Zero Coin’s value will no doubt be on the move as the online gaming industry evolves. Other companies are also looking to jump on the crypto bandwagon, with news hitting the wires earlier in the year of Atari looking to create its own cryptocurrency to support its business, though Atari’s coin will unlikely benefit from mass adoption that is anticipated to drive Zero Coin’s value through the roof.
It may not just be Zero Coin that will benefit from the growth, with the use of cryptocurrencies likely to continue to rise, as other companies move away from the use of fiat money, favoring cryptocurrencies.
Cryptocurrencies provide players with some degree of anonymity as the virtual world bringing down jurisdictional boundaries, opening the industry to countries where regulation is more strict.
The team at Zero Edge have made Zero Coin available for in order to play or place bets on sports with zero commission, while also providing an investment opportunity for those that are more interested in the positive outlook and potential returns on investment.
Incentives for companies to adopt the use of cryptocurrencies in place of fiat money are numerous and include the lack of need for licensing, leading to less time to open an online site, with lower start-up costs, not to mention greater protection from fraud and reduced disputes. The positives certainly provide an optimistic outlook for Zero Edge and Zero Coin and the world of cryptocurrency.
This article was originally posted on FX Empire
