nline sports betting has been growing in popularity over the past few years and is now the leading form of online gambling in the world.
As reported by Bitconist.com, Zeroedge online casino, a cryptocurrency-based online casino with its own unique cryptocurrency (ZeroCoin) is offering exclusive E-Sports betting opportunities with 0 percent commission.
This essentially means that, unlike conventional online casinos, where they can enjoy a house edge (the advantage the house has over the player) of as much as 10% in certain casino games, and 1% or higher in others, Zeroedge does not make any profit from the losses incurred by players, but rather through the increased value of ZeroCoin which is the main economy driver on the Zero Edge Casino’s network.
How does Zero Edge Model Work?
ZeroEdge.bet offers 0% edge Casino games. World first 0% edge games attract demand for Zerocoin, because of this, its value rises. Players can play 0% games while Zerocoin price rises. Simply put, the ultimate solution to the problem is creating a platform where playing games is “free”. Players are not required to pay any fixed amount of money to be able to play at the casino. This can only be achieved by creating a closed loop economy with its own token where players purchase the token with fiat or crypto. Since the supply of ZERO is limited, its value is directly proportional to demand.
Blockchain & Smart contract technology allows ZeroEdge to create a fully transparent and truly fair gambling environment where players have more opportunities to participate, can completely trust the platform, and have a real chance of winning while at the same time being a part of a bigger community which fosters social inclusion and mutual values.
Zero Edge is introducing its own unique cryptocurrency known as Zerocoin, the only way that gamblers will be able to participate in true 0% house edge online casino games through the Zero Edge online casino network. The value of Zerocoin is set to rise rapidly, as more and more people flock to Zero Edge to enjoy true 0% house edge games.
This is also the perfect opportunity to learn about the pre-ICO or Initial Coin Offering which is set to start on the 28th of February 2018, closing out on the 15th of March 2018. During the Zerocoin pre-ICO, Zero Edge is presenting a no soft cap, while the hard cap is initially set at 1500 ETH.