Decentralized online casino projects are emerging, with some already live and operating on blockchain technology. Examples of these projects include Edgeless and FunFair, each offering a unique approach to decentralized online gambling.
Edgeless Casino, for instance, currently offers a limited but growing selection of games, including Sports Betting, Dice, Blackjack, and Poker. To play on the platform, users must obtain the ERC 20 token, EDG, which can be easily acquired on the site. The casino is licensed in Curacao, with plans to obtain other gambling licenses, such as those from the United Kingdom and Malta. Unlike many other crypto projects, Edgeless has chosen to work with the existing Ethereum blockchain, rather than creating its own blockchain.
FunFair, on the other hand, is also a decentralized gaming platform operating on the Ethereum blockchain. It aims to provide a transparent and fair casino experience for both players and operators. This platform offers blockchain solutions for the online gambling industry, allowing anyone to build their own blockchain casino at a low cost. FunFair’s currency, FUN, is used for transactions and gameplay, with tokens bought at the online casino. The platform also simplifies the licensing process for setting up a private label casino, complete with customizable features and game offerings.
Both Edgeless and FunFair are gaining attention in the industry, with the potential for expansion and bright futures ahead. Despite some limitations, such as country restrictions on play, both projects have earned positive recognition from reputable sources like Bloomberg and Forbes. As decentralized online casino projects continue to evolve, these platforms are likely to play a significant role in the future of online gambling.