Bitcoin online gambling is a huge market, estimated to account for roughly 50-60% of all Bitcoin transactions. With Bitcoin at a market cap of ~$6.1 billion at the time of writing, it is no wonder we see great success stories with Bitcoin gambling websites like Satoshi Dice.
Satoshi Dice is an existing Bitcoin game that runs on the Bitcoin blockchain and is an interesting case study for insight into the potential market that Etheroll will be able to tap into on the separate and disruptive technology that is the Ethereum blockchain in the near future.
“Responsible for more than 50% of daily network volume on the Bitcoin blockchain, SatoshiDice reported first year earnings from wagering at an impressive ฿33,310 ($13,740,000). During the year, players bet a total of ฿1,787,470 in 2,349,882 individual bets at an average monthly growth rate of 78%. Earnings were calculated from eight months of data covering May to December, 2012.”
We envision Ethereum online gambling to soon catch up to Bitcoin onlne gambling in the near future, and we are going to be a part of that story from the get-go.
To own at least a 30% market share of online Ether gambling on the Ethereum blockchain within 3 months.
Please visit us at http://etheroll.com
We are looking forward to the future.