Coinstake reported that Bitcoin casinos became a popular alternative to traditional online casinos because of their relatively low commissions, better security, and their support of unlimited withdrawals.
Additionally, the transparency inherent to blockchain technology makes crypto networks particularly well-suited for gambling purposes. The presence of a blockchain network means that players of SmartBox do not have to place their trust in a centralized, third-party entity to ensure that the transactions that are taking place throughout the course of a gaming session are legitimate.
As cryptocurrency continues to become increasingly popular in the world's technological and pop-cultural spheres, real-world usage blockchain-based networks is also becoming more popular. The crypto gaming and gambling industry as a whole appears to be growing-in addition to the appearance of the SmartBox, the Ethereum network has become the host of a myriad of games.
After all, there are some serious advantages for players as well as hosts when it comes to blockchain. Gambling Insider reported that crypto casinos scored higher on several metrics when compared to traditional fiat gambling platforms: "Average number of games available was eight percent higher in crypto casinos and average withdrawal times were more than seventy percent faster!" Indeed, the integration of cryptocurrency networks are a rather innovative way to easily alleviate some "historical pain points" in the online gambling industry.
In any case, the popularity of crypto is becoming increasingly difficult to ignore, regardless of the industry one may be involved with. According to the opinion of the Grantsnews.org, the perspective information source about blockchain and cryptos, companies like Smartplay.tech may just be on the edge of the perfect moment to revolutionize the gambling industry and make a serious splash.