Alive Casino - A state of the art online casino using blockchain and VR technology

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Online gambling has been with us for more than two decades, yet it still struggles to compete with gambling in physical locations. Despite the convenience and anonymity offered by the former, live casinos have a number of advantages: atmosphere, social interaction and, last but not least, trust. After all, an outright fraudulent casino is much harder to maintain in the real world than online. Online casino scams are widespread and affect the reputation of genuine gambling sites as well.
The security and transparency offered by blockchain technology is an obvious fit for the online gambling industry. It is a key part of Alive Casino's proposal. But it goes further than that, wishing to create a new online venue that would be the best of both words, combining the social experience of a land-based casino with the convenience of playing in your own home. At the culmination of its development, which should happen in late 2019, Alive Casino would add a VR component that would bring gamblers as close as it can to the old physical experience.

What to play in the Alive Casino?

The platform promises to provide a broad selection of popular online gambling options, including online poker with its many variations, other card games, games of skill such as Backgammon, a lottery game, fantasy and virtual sports and a Sportsbook module with live streams and support for more than 120 different sports, including esports. HD video and VR casino options will offer live casino games, slot machine and social interaction with dealers and other players. Alive Casino dealers shall maintain an active presence on the social media.
To start playing, gamblers would need to register on the platform, creating an account with encrypted personal data and biometric access. Both the casino's AL tokens and popular fiat and cryptocurrencies could be used to play. The account will be tied to the Alive Multi-Wallet. AL holders could place tokens in a special Hold Wallet to earn quarterly profit shares amounting to 40% of the casino's revenues in different currencies, with fiat profits paid out in USDT. AL holders will have access to early release versions of games and special events. AL tokens could also be used exclusively to pay in some of the later VR games or to purchase merchandise in the casino store.
While the random number generator will run off-chain for greater speed, transactions will occur on-chain and use smart contracts. Alive Casino games could be played on its website. Many of them (particularly, those that have to do with sports) would also have their own dedicated mobile apps.

What makes Alive Casino a good bet?

Alive Casino places a high premium on atmosphere and convenience, especially as it develops further. The casino's programs include many different options to satisfy the most experienced and picky gamblers. Its hybrid blockchain model should let it provide security, transparency and speed, and also allow for convenient and automatic payouts, solving many of the gambling industry's problems in one go. Meanwhile, by getting dealers to engage with players in and out of games and doing so themselves, the Alive Casino team hopes to reproduce much of the social appeal of traditional casinos.
VR technology is on the cusp of a major breakthrough. Those companies that invest in it now stand to have a considerable early adopter advantage. The team behind Alive Casino includes software developers and online entrepreneurs with varied experience and skills that should help them overcome the challenges involved in dealing with VR and blockchain technology. They would also benefit from their partnerships with a number of important blockchain companies and the gambling software developer BetConstruct, which will design the project's Live Games Studio.

ICO details

Fad or the future of Internet gambling?

Online gambling was held back from reaching its full potential by scams and technical problems, which blockchain technology should help reduce. The development of VR technology has only entered its breakthrough phase comparatively recently, and while some regard it as a gimmick, others think it can have revolutionary implications. Lastly, cryptocurrencies have garnered a lot of attention but still suffer from low liquidity and limited adaption.
Alive Casino shows itself to be very ambitious by combining all three as they are now. But this is a very opportune time, as it stands a chance of tapping into the enthusiasm for VR. Beyond that, it has a lot to offer to many different kinds of players and has a concept that, if it is executed correctly, really could be described as “the best of both worlds” for gambling. While physical casinos are unlikely to go obsolete any time soon, Alive Casino's goal of becoming the industry standard for online casinos does not seem unattainable.

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Author by: Hellokitty6
https://bitcointalk.org/index.php?action=profile;u=1081064

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