Dabanking Platform is a gaming platform. Dabanking fomo jacput gaming system. Dabanking imformation:

Market Insight:

Overview

In the year of 2008, Bitcoin was introduced as a cryptocurrency, invented by Satoshi Nakamoto in the form of an open source software, with a mission of changing the way we make payments and trade goods through a completely new currency.

Bitcoin offers outstanding transaction advantages such as freedom, security, high level of control for the users themselves and a completely transparent platform. All of these Bitcoin benefits are enabled by Blockchain technology.

The blockchain technology is an invention that creates a decentralized network based on peer-to-peer protocol networks, which allows every computer in that network to become a server, making a huge difference to the conventional centralized network.

The year 2013 marked a significant milestone for the breakthrough development of the blockchain technology: the birth of the Ethereum platform (ETH) invented by Vitalik Buterin - a Russian developer. He has succeeded in bringing the Blockchain technology to a new level when integrating Smart Contract into the current Blockchain protocol, which is now known as Blockchain 2.0 or Utility Blockchain.

At the end of 2017, the Blockchain technology really resonated, not only with software developers but also with intimate attention from the government, major banking organizations, financial funds, investors and almost all social classes, attracting hundreds of billions of dollars, creating a fertile financial market and promoting many successive Blockchain projects.

Some quite successful Utility Blockchain projects such as Tron, EOS, STEEM, etc. are gradually approaching their completions, opening the Decentralized Applications (Dapps) Era.

Dapps are decentralized applications running on peer-to-peer Utility Blockchain networks, allowing developers to expand Dapps in various areas: entertainment, finance, gaming, real estate, healthcare, insurance,…

Following those successes, 2019 is a year of strong growth for Dapps as the number of Dapps projects is growing more and more in parallel with the investment in quality, time and finance to build up a huge user community with great values from Dapps.

2.Dapp’s Potential

In 2019, decentralized applications (Dapps) are becoming more and more popular due to their superior advantages over traditional applications, especially based on existing Blockchain platforms with crowded users. Additional, dApp has the ability to run on peer-to-peer networks, not just from a traditional server; therefore, information from users is not subject to the control from anyone or any corporate entity.

Dapps provides maximum privileges for users because of the advantages of unprecedented applications through transparency, stability and high security when being used.

Catching that trend, DABANKING Project was born with a noble mission to become the pioneering Utility Blockchain platform in creating an environment to build Dapps with decentralized entertainment services with transparency, fairness and optimal user experience.

3. The Potential of the Blockchain Gaming Market

The Potential of the Blockchain Gaming Market
In recent years we are still witnessing a strong rise and rapid growth of the gaming industry. According to the report in 10/2017, 2.3 billion users using this industry’s services, generating a huge revenue of $105 billion every year.

A common problem in game development today is the inability to prove the existence and ownership of assets in the game, thereby leading to many frauds. Smart contract allows users to be confident that they will receive authenticated assets/items when they are bound by the blockchain.

Exchanging in-game items is now a lucrative industry estimated at $50 billion US dollar and is expected to increase rapidly. The “unique” non-fungible tokens are one of the most important contributions that blockchain brings to the gaming industry. Each token has a unique identity that represents a virtual asset type. These virtual assets can be purchased and sold at any decentralized trading platform, eliminating unnecessary costs and risks from third parties. These digital items can be anything from game skins to virtual cards with high levels of scarcity.

Games developed with Blockchain Technology can bring valuable features such as:

Track and authenticate the ownership of digital asset types.
Reduce costs for third parties.
Secure payment system based on blockchain.
Integrate blockchain into your game increases competitiveness against the traditional games.
Easily exchange digital assets with high liquidity…
Thereby, it can be seen that Blockchain Technology will bring Entertainment Industry to a new level. Especially the blockchain game market is still very promising with numerous challenges and opportunities, grasping that trend, DABANKING team will focus on building a game ecosystem on Dapp, exploiting effectively entertainment market and provide the best service to the community.