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BitMart lists Neo Name Credit [NNC]

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BitMart lists Neo Name Credit [NNC]
Source: BitMart

BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Neo Name Credit [NNC]. NNC/BTC and NNC/ETH trading pairs will be available starting at 10:00 AM [EDT] on April 18 and withdrawal feature will be available on April 19.

Neo Name Service[NNS] is a decentralized domain-name service that maps NEO addresses and smart contracts to make it easy to remember aliases. The NNS architecture consists of 4 components: Top level domain name contract, Owner, Registrar, and Resolver. The system uses the same convention as DNS [Domain Name System], with the owners at the top level domain names such as .neo

NNC [NEO Name Credit] is a token issued by the distributed NameService based on NEO: NNS. NNC has a total supply of 1 billion. At present, NNC holders receive the dividends of the domain auction income, and users can also purchase the pre-owned domain name in the secondary market in NNC.

In the future, the use cases of NNC will continue to expand. For example, it can be applied to other dApps. The value of NNC will be more stable, as NNC will be supported by diverse dApps, which will form a DAO, therefore, its risk of dependence on one dApp will be avoided.

Sheldon Xia, Founder & CEO of BitMart, said,

“We are delighted to list NNC on our exchange. NNS simplifies the wallet address utilization, making it easier for adoption. This also coincides with BitMart’s philosophy of popularizing blockchain to everyone.”

About BitMart

BitMart is a premier global digital asset trading platform in the cryptocurrency market with over 700,000 users worldwide and ranks among the top 5 crypto exchanges on CoinMarketCap. BitMart currently offers 208 trading pairs with one of the relatively low trading fees in the market. BitMart’s daily trading volume ranges from $800 million to $1 billion USD and total trading volume has reached over $55 billion USD since launching in March 2018.

To learn more about BitMart, visit their Website, Twitter or join their Telegram.



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Press Release

Are Blockchain Casinos on the rise?

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Are Blockchain Casinos on the rise?
Source: Pixabay

Over the years, the online casino industry has gone through many changes with new technology allowing for better payment methods and software on the sites. One of the newer additions to online casino sites is blockchain and sites that use this.

Here, we are going to discuss whether we think that blockchain casinos are on the rise or not. Keep reading if you’d like to find out more about these casino sites.

What Is A Blockchain Casino?

Blockchain technology is essentially a system that allows digital information not to be copied when it is being distributed. This technology originally started out as a method for Bitcoin which is a cryptocurrency and now is present in many online casinos. Blockchain was first invented in 1992 and since then it has come a long way.

A blockchain casino is a safe and secure casino that uses this special technology to pass the information on. There are many new casino sites that are already using blockchain technology but is the number of these still rising?

Why A Blockchain Casino?

You might be wondering about the advantages of blockchain casinos and why many casino operators are making the switch to this technology. The main reason for this is that there are many advantages to using this technology. Firstly, there is more transparency and trust and there is also a reduced risk of fraud.

This is something which is very important to many players at online casinos as they want to make sure that they are not passing their details onto a company that is going to sell it on.

When a casino uses blockchain technology, they can also allow players to make payments with cryptocurrencies like Bitcoin which are becoming even more popular in recent years. Of course, there are many other advantages of using a blockchain casino both for the player and the operator. For this reason, we have seen a rise in the number of blockchain casinos online right now.

Issues With Blockchain

There are some minor issues with blockchain casinos that operators are working hard to resolve as soon as possible. The fact that it is new means that there are some general infrastructure issues and the transactions can go through a lot slower than some players would like. Of course, these issues are set to be resolved sooner rather than later.

The Rise Of Blockchain Casinos

From the research done by companies interested in blockchain casinos, it is clear that these casinos are on the rise. In the first quarter of 2019 alone, there was $1 billion of TRON cryptocurrency gambled online. This is a lot of cash and it shows that players are not afraid to try out this new type of casino when it comes to spending their own cash.

Research also suggests that this income came from over 432,000 users which are a lot more people than it would have been in the past when this technology was first invented.

Of course, it is also important to note that the online casino industry is growing at the same time as the popularity of blockchain casinos. It is expected that the online casino industry will earn more than $50 billion this year which is a lot of cash.

With more people playing online in general and the technology improving so much – it is expected that blockchain casinos will become even more popular as time goes on.

Final Verdict

It is clear that blockchain casinos have been on the rise for a while now and they don’t plan on stopping any time soon. As the technology gets more advanced and players can be sure that their details are going to be kept safe, these casinos are set to become even more popular.

On top of this, online casino regulators can rely on technology when it comes to ensuring casino operators are sticking to the regulations. Look out for the rise of blockchain casinos as time goes on and more casino operators start to make the switch to this technology.

We expect more payments being allowed in Bitcoin form as well as the other cryptocurrencies that are gaining a bit of momentum right now.

Source: Buzz Engine

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