Gambling has always been a staple of blockchain technology. It was the first decentralized application (Dapp) niche to secure over 1 million daily active users. Tens of millions in USD trading volume is executed on gambling Dapps every day.
However, the current generation gambling Dapps have clunky designs and are difficult to navigate. In the aftermath of the 2020 DeFi rise, there are significantly more users, capital, and activity for Dapps to capture. However, blockchain-based gaming and gambling Dapps have failed to capitalize on the increased interest as their poor designs and rudimentary functionality dissuade users.
CryptoPunt has assembled a team with deep expertise in both blockchain technology and the gaming industry to address this. CryptoPunt will launch a next-generation gambling Dapp. The CryptoPunt team consists of professionals with decades of collective experience in product development, UX design, and marketing.
CryptoPunt will initially launch with three tried and tested gambling options that have proven to be extremely popular among Dapp users. As the app advances, more gambling options will be integrated and the CryptoPunt team has also been working on developing a virtual world where users can acquire and trade in-game digital assets. The market for virtual items has already reached $50 billion and the increased activity surrounding NFTs means that blockchain-based gaming Dapps are going to be a greater proponent of this market.
Both the gambling and gaming industries are anticipated to radically grow over the coming years. Blockchain-based gambling and gaming solutions are becoming increasingly popular as they facilitate secure and seamless transactions and enable users to quickly and easily start. CryptoPunt intends to lead innovation in this growing market with its upcoming next-generation gaming and gambling Dapp.