Problems Targeted
Play-to-earn games: the next big thing in the gaming industry
The video gaming industry is experiencing a period of rapid growth and is expected to continue to expand in the coming years. As the distinction between gaming as a form of entertainment and as a way to earn money becomes increasingly blurred, there is a growing demand for games that give players the opportunity to earn a decent income. One way that players can earn money is through the use of blockchain technology and cryptocurrencies. We believe that there is a significant opportunity in the market for games that feature play-to-earn mechanics and allow players to earn money through cryptocurrency, and we are confident that these types of games will become more popular in the future.
Horse racing needs to go digital
The horse racing industry is expected to surpass football and become the leading sport in the world. Previous efforts to bring horse racing into the digital realm have been well received by audiences, but these attempts have not yet reached the level of other spectator sports. As a result, there is currently a significant demand for the digitalization of the horse racing market. Many believe that the industry needs to take more steps into the digital world in order to keep up with other sports and meet the evolving needs of modern audiences. By embracing digital technology, the horse racing industry has the potential to become the dominant force in the sports world.
Horse racing's history of corruption and fraud.
Horse racing has a well-documented history of fraud and corruption. Practices such as injecting horses with performance-enhancing drugs, bribing jockeys to lose races, race fixing, money laundering, and tax fraud are just some of the illegal activities that have plagued the industry for many years. In fact, a BBC Panorama investigation and subsequent documentary called "The Corruption of Racing" exposed a wealth of secret files documenting over a decade of corruption in horse racing. These revelations have raised serious concerns about the integrity of the sport and the need for greater transparency and accountability in the industry.
Slow and expensive transactions in fiat-based video games.
Video games that are based on fiat currency often suffer from slow transaction speeds. Players may have to wait for a long time for a deposit to go through and then undergo a lengthy verification process before they can gamble on the platform. In some cases, players may have to wait several days for their purchased assets to appear in the game. Additionally, using a platform based in another country can be expensive due to the costs associated with currency exchange. These challenges can make it difficult for players to enjoy the full range of features offered by the game and can hinder the overall gaming experience.
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