iDice Casino Leads the Way in Ethereum Casino Innovation

The new iDice mobile casino will be the first to offer iOS and Android device users a blockchain casino that is 100% powered by Ethereum. During its recent ICO, it managed to raise a staggering $2.4 million, or 7,400 ETH.

That's a huge amount, and the product isn't even set to launch until later this year. However, the beta version has shown much promise and has already paid out over 1,600 ETH to iDice winners.

Mobile Gaming Meets Cryptocurrency

The worlds of mobile casino gaming and cryptocurrency are both seeing massive increases in interest from developers, entrepreneurs, and investors. The fact that both are hot topics means that combined, iDice is bound to cause a stir.

Bridging the Mobile Gap

There are blockchain casinos for desktop users at present, but mobile has lagged somewhat. iDice is putting together a user-friendly iOS and Android app that will allow users to play casino games with ETH, with the whole casino using blockchain and smart contracts to place and settle wagers and transfer funds.

Transparency and Regulation Challenges

The decentralized app means everything is transparent and therefore no regulation would be required. However, depending on which markets iDice decides to enter, that could create an issue further down the line.

While blockchain advocates argue that it is self-regulating and transparent, online casino regulatory bodies may want their say. This is something we'll see play out on a larger scale as more ETH-powered casinos enter the scene.

Keys to Future Success

The huge ICO doesn't guarantee success, and a large part of iDice's future will be down to players' adoption and awareness of Ethereum. However, with a product that's still in beta and no marketing or advertising, it's most definitely got off to a great start.

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