BigBang Platform — Bringing a Paradigm Shift in the Online Gambling and ESports Industry 🎮💰

in #blockchain6 years ago


Bringing gaming and gambling industry online has opened doors to a boatload of new revenue opportunities for gamers and operators. A few years ago, just like other businesses migrating from brick-and-mortar to website and other mediums of online presence, the gaming industry also began to enthusiastically latch on to the idea of reaching gamers online. This, within a brief span of time, has allowed online gambling and gaming business to ripen into a mature and global multi-billion dollars industry.

Experts from inside and outside of the industry have estimated that the industry is destined to amount to $230 billion in next four years. Both mobile and PC gaming industry will excel at an exponential rate. Cloud-based eSports and online gambling games have drastically taken the edge off the need for local resources for playing heavy games. All the game and gamer related data is stored in the cloud space.

However, just like any other high-profitable business, the gaming industry also whets the appetite of both genuine gamers and scammers. Online gambling and eSports industry has proven to be a money spinner in the recent years. However, this industry involving a great deal of money is being stigmatized by fraudsters and some gamers descending to foul play.

The industry is heavily unregulated and a little messed up. There should be someone or something to take charge and reduce the malicious attempts of fraudsters to a failure. Foiling the attempts of wrongdoers will make the industry more trustworthy and profitable for the genuine players and operators. However, the ideal fraud-resistant gaming business practice can be achieved only and only when gamers and operators are together on the same page.

Taking cognizance of these real issues that are likely to drag the industry into heavy scrutiny, Big Bang has come forward with a powerful solution to steer clear of fraudsters and other business malpractices.

Big Bang Platform — Deploying Blockchain to Make Online Gambling and eSports more Profitable and Secure

Making the Online Gaming More Profitable
Admittedly, the industry has remained profitable for both gamers and operators. However, the apex of the real business success is still out of the reach. It is not utilized to its fullest potentials. Keeping bad actors at the bay will route profit to the BB Wallets of legitimate gamers and operators. Operating businesses from one common platform that is BigBang Platform will save the money to be incurred on the creation and management of multiple platforms. By offering rewards and other perks, an operator can acquire new customers. Similarly, service providers can use loyalty programs to retain existing customers. Gamers, on the other hand, receive more rewards by playing games integrated with BigBang Platform.

The best part of the BB Platform is the ability to trade rewards with cryptocurrencies such as BB Token, Bitcoin and other ERC20 supported crypto coins. The gamer receives his earnings in his very own BigBang Wallet.

Making Online Gaming More Secure
Big Bang Ecosystem will take care of the lack of immunity to fraud and other business malpractices by using Blockchain technology. So far, gaming services tend to isolate their data (including data associated with frauds, scammers, and bad gamers and operators). However, with the help Big Bang Platform, one service can be made aware of a gamer or operator exhibiting bad behavior on some other service. With smart contracts and features of Blockchain technology making it unsusceptible to any form of corruption and foul play, conducting business through BigBang Ecosystem is way more secure than the traditional business practices.

With Blockchain technology being the powerhouse of BigBang Ecosystem, it can endow the industry with the best profitability and security. With the success of BigBang Platform, the actual figures of growth will be more than what experts are predicting now.

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