Sp8de Developing Distributed Game Apps
Sp8de is a blockchain-based platform for developing distributed gaming applications. As a platform for gaming apps with self-esteem, we are equipped with a protocol to generate unbiased randomness. As a team with some aspirations, we can prove it fairly and truly decentralized. We feel it is important to realize the spirit of the business we live in: if blockchain is the source of universal and undeniable truth then it must also be a broadcast channel for randomness. We think that one point of failure must be felt by anyone just as a funny relic of the past.
And yes, our Proof-Of-Stake (POS) is efficient in terms of cost and same time. Spade is built on Ouroboros, the most advanced POS protocol underlying Cardano blockchain. A cradle of an academic approach to blockchain technology, Cardano is a progressive beam that shines forward toward a distributed future of applications.
In the European Union, the online gambling industry grew by almost 19% from the first half of 2015 to the first half of 2016. The casino industry in particular generated revenues of US $ 2 billion during this period. It is expected that by 2020 this amount will reach US $ 2.25 billion per year representing about 12.5% of growth revenue. In the US for the period 2015 through 2016, online casino revenues increased by 24.4% and are expected to reach US $ 4 billion by 2020. The EU and the US are only a fraction of the casino industry worldwide.
Globally, online casino projections show that for the period 2017-2025 the market will experience spectacular growth of around 130% reaching a phenomenal US $ 97 billion with a cumulative annual growth rate of almost 11%. Currently more than 6 million adults formally participate in worldwide gambling activities with projected up to 10 million by 2020. We further believe that as the advancement of blockchain technology, and spread for the first time in an unbiased history of demonstrable friendliness, these numbers will be a small estimate of proven reality. By removing the various frictions of the gaming market, Spade is set to release the hidden monetary advantage in it. We will not take a cut from it. We are determined to create a friction market for gaming ideas: previously left to casinos and other intermediaries, now going to the community.
There are many and varied gambling or gambling gambling projects, but we think only a handful deserves public attention and even fewer approach the three basic issues we discussed earlier. In short, it’s enough to say that, unlike Spade none of them, it has been proven to be thorough and rigorous to get a complete and comprehensive solution to all three major issues. For those who are interested in the details, a full whitepaper presents a more in-depth project analysis.