With 2022 now in the books and a fresh new year ahead of us, it’s a good time to take a look back and review our progress through the year. Especially for all of those who have only just learned of us in the past few months. So here’s a quick recap of GAMBL’s first […]
This is perhaps the single most common question that people have when they first hear of GAMBL, and it’s deceptively simple. The average bettor is generally asking more along the lines of why is it even needed when we already have sites like DraftKings and FanDuel? While on the other hand we have the crypto […]
As we’ve touched on in previous posts, it is imperative for operators to use the right set of tools. Especially when the online gaming industry has transformed so quickly in recent years and is showing no sign of slowing down. The next big transition is very likely to be towards crypto-based solutions, and those who […]
To begin simply, oracles allow blockchains to access data located off-chain. In the case of sports betting, this would be critical data such as line changes and event results. Also the range and amount of data generated during sporting events is rapidly growing so next-gen oracles will certainly be expected to keep up. Players and […]
Using the network to guarantee liquidity for bets is one of the most cost-efficient aspects of GAMBL. Providing liquidity through other means would add large unnecessary costs in the form of lower rewards to nodes, less coins burned, and/or higher fee margins for bettors. Using these other means could also introduce scaling issues if the […]
To start, it would probably be best to go back to section 6.6 of the GAMBL whitepaper and pick up from there. It states that “the first deflationary aspect of GAMBL is the destruction of betting and gaming fees, which reduces the total supply of GAMBL. The second deflationary aspect is the blockchain’s automatic liquidity […]
Bitcoin is amazing in both its history and its range of functions. But these functions are limited.
Gaming 3.0 is the adoption of underlying blockchain technology to create new value for users and operators alike.