Between 2018 and 2020, worldwide crypto users grew by nearly 200%. Today, there are more than 400 million crypto users. Bitcoin remains the most popular choice.
In 2018, the crypto market cap peaked at around $850 billion. The market reached $3 trillion in November 2021 before dropping—it remains slightly above $1 trillion.
The online gambling industry rose to $61.5 billion in 2021. As of 2022, there were almost 100 million players at online casinos. Most of them played online slots.
How has crypto and blockchain technology changed online gaming?
Let’s take a closer look.
What is Blockchain Technology?
Blockchain gets associated with crypto because the digital currency came from that technology. A blockchain is a computer network that stores data in blocks. Think of it like a public database.
The public ledger shows each digital transaction on the blockchain. It acts like a Google spreadsheet that you can share with others. Changes to a blockchain become immutable—they can’t g
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