While Pbet definitely carries a lot of benefits to brick-and-mortar casinos, it has practically no value for the regular casino player like me. What I am looking for is a blockchain-based - preferably developed on either TRON or EOS - provably fair online casino, where I can personally check the integrity of the casino and the flawlessness of its RNG. No one is interested in the crooked old casinos being transferred to an innovative online platform.
Although Pbet might be capable of significantly reducing the cost for the physical casinos to penetrate the online realm, the implementation of this blockchain solution might be problematic for the mentioned casinos as they would be forced to educate plenty of players about the nuances of cryptocurrency payments. In case Pbet's specific focus is on the crypto-savvy gamblers, they are up for a bitter disappointment since this type of players rarely visits the brick-and-mortar casinos.
Regardless of what many people think about casinos, they constitute a legitimate business that has to evolve by incorporating more innovative solution, particularly the blockchain technology. The idea of building the so-called blockchain bridge between brick-and-mortar and online casinos, offered by Pbet, is splendid because it will work for the benefit of both the establishments and the players. I am an avid poker player, and I know as well as anyone else, what tedious a process it is to withdraw the winning via the traditional channels like banks or popular online payment system. Pbet will make it so much easier for us to capitalize on our playings skills which is why I am in full support of this project.
I manage an up-and-coming casino in Vegas where we keep an open mind towards different innovations, including blockchain. We have been trying various monitoring systems and what not, but all of them had some flaws. For some time, our management has been playing around with the idea of implementing some blockchain solution but we couldn’t find the one that would provide us with a turn-key solution. That was before I stumbled on Pbet and their Unified Gaming Platform. To cut the story short, we have tested their platform and decided to give it a go, which means that we are now officially an online/offline casino.
I am not really sure how guys from Pbet are going to raise enough funds, because while their product has a definite value for the casinos, it offers zero benefits for the players. Although the $2 million softcap is not that unattainable, so they might pull it off. In any case, I consider Pbet to be a really niche specific project, investing in which is unlikely to bring any significant benefits, because the “gambling on blockchain” industry is moving right now in a slightly different direction. It is player-oriented, concentrated on developing provably fair casino products. Don’t get me wrong, Pbet is okay tech-wise, but it was designed solely for the casinos.
Pbet appears to have developed an interesting system that should help integrate the industry of gambling into the world of cryptocurrencies and the benefits that it can offer. Looks like gambling will be the next big sphere, after finance, where blockchain will get enormous traction, so it is always good to keep a keen eye on the projects like Pbet. The fact that they already have a working system used by many casinos is a definite plus.
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|1||Ledder||Aug 01||Dec 31|
|2||BitWings||Jun 03||Nov 30|
|3||Pbet||Jun 18||Dec 15|
|4||UCBI Banking||Oct 18||Jan 18|
|5||Cinemadrom||Feb 03||Apr 30|
|6||GRAYLL||Jun 03||Oct 27|
|7||Yachtco||Aug 04||Feb 04|
|8||Monart||Sep 01||Oct 31|
|9||GOVEARN||Jun 23||Dec 31|
|10||Dexa Coin||Oct 06||Oct 16|