DecentralandMatthew Ball: Gambling on the verge of a Web3 odyssey
Credit: sbcnews.co.uksbcnews.co.uk
•9 days ago
Ahead of his keynote address at the SBC Summit Barcelona (19 - 21 September 2023) leading VC and NY Times best-selling author Matthew Ball states that
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According to a report from venture capital firm Andreessen Horowitz, Matthew Ball's vision of a Web3 odyssey through gambling is beginning to take shape, with the emergence of decentralized finance (DeFi) protocols and the explosive growth of non-fungible tokens (NFTs). With the increasing number of online casinos and gaming platforms utilizing blockchain technology, the industry is on the verge of a seismic shift that is expected to revolutionize the way we gamble and invest.
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Frequently asked questions
What is Web3?
Web3 is a third-generation of the internet, which is designed to provide users with a more secure, decentralized, and interactive online experience.
What type of gambling is possible on Web3?
Web3 is designed to enable a wide range of gambling activities, from online sports betting to casino games.
What are the benefits of gambling on Web3?
Gambling on Web3 offers users a more secure, transparent, and anonymous experience compared to traditional online gambling.
What risks are associated with gambling on Web3?
As with any form of online gambling, there is a risk of losing money. Additionally, users should be aware of the potential risks associated with using cryptocurrencies, such as price volatility.
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