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 will be 100% powered by Ethereum and during its recent ICO it has managed to raise a staggering $2.4 Million, or 7,400 ETH. That's a huge amount and the product itself isn't even set to launch until later this year, however the beta version has shown much promise and already paid out over 1,600 ETH to iDice winners.
The world's of mobile casino gaming and cryptocurrency are both seeing massive increases in interest from developers, entrepreneurs and investors and the fact that both are hot topics mean that combined, iDice was always about to cause a stir. There are at present blockchain casinos for desktop users however mobile has lagged somewhat, and iDice are 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 of course to transfer funds.
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 will argue that it is self regulating and transparent, online casino regulatory bodies may want their say in the matter, and that is something we'll be seeing play out on a larger scale when more ETH powered casinos come into the equation.
The huge ICO doesn't of course guarantee success and a large part of the future of iDice will be down to casino games players adoption and awareness of Ethereum, however with a product that still in Beta, and no marketing or advertising it's most definitely got off to a great start.
