Tag: USDT

Categories
優塔

U.TOWN-Taiwan’s first crypto casino

U.town is committed to creating a high-quality entertainment service platform with “safety and reliability”, “instant convenience”, “fairness and justice” and “professional operation”. You can participate in a fair and just game, and you can also enjoy the fun of playing with players from all over the world. We adhere to the customer-oriented attitude, continuous development and innovation and understanding customer needs are the company’s proud business philosophy, and we hope to create It has created a new entertainment value and achieved the purpose of popularizing it in many ways, and has become an international leading entertainment website.

U.TOWN

Game

Electronic games

Including YG Electronics, NLC Electronics, BNG Electronics major brand games, there are hundreds of game types for players to play, and many games will be added in the future!!

Live casino

Baccarat is the main game, and you can feel the sense of presence through live video.

Sports

With the latest and most real-time live events and games available to players, and there are many sports to bet on, including: basketball, football, baseball and other well-known sports, you can use cryptocurrency (USDT) to bet on Utown.

U.TOWN

U-Yield

Players who have just joined will be offered a 7-day pledge of 30% of the high yield, with a maximum cap of 500USDT. New players must not miss this event!

After 7 days, a certain percentage of membership level will be given to players for pledge, and the highest membership level (diamond) will give you up to 8%.

U.TOWN

U-Reward

All users of Utown will get a set of exclusive referral codes after registration. If other users use your referral code to register as a member, you will get corresponding discounts according to the membership level. For detailed rules, please refer to the membership level description

Example: For a Gold-level member account, if all members registered with this account’s referral code have a valid bet amount of 1,000,000 on the day, the referrer will receive 1,000,000 x 0.5% = 5,000 in return on the next day.

Introduced members must meet the following conditions to be considered valid members:

1. The introduced member must have at least one deposit record.

2. The introduced member must have any valid betting records.

Deposit and withdrawal methods

The Utown website only uses the cryptocurrency USDT, and you can use USDT to play various games.

The website offers two ways :

1. ERC20

2. TRC20

Leading future trends

With the change of generation technology, cryptocurrencies are becoming more and more popular all over the world. UTA keeps pace with the times to provide a cryptocurrency-based entertainment platform for customers to reduce transaction fees and improve transaction convenience. In the future, the world will enter the decentralized Internet generation. UTA utilizes the characteristics of encrypted currency to increase the privacy and security of customers using the website, so that customers can play with confidence.

U.TOWN

U.town official Line : https://line.me/ti/p/GfJXVa-nVh

U.town official telegram :  https://t.me/utown_casino

Categories
百家樂/體育投注/電子遊戲

The relationship between Cryptocurrency and online casinos

online casinos-Cryptocurrency is the new secure mode of casino payments. With this guide, you’ll understand how different cryptocurrencies work, their pros and cons, and the impact of this trend on the online casino market.

Online casinos are easily accessible and immensely cost-efficient, but at the same time, they don’t compromise on the casino experience. But if we look closely, it is just not the casinos that have evolved. Cryptocurrency is a new economic trend that has taken the internet by storm. Online casino and gambling enthusiasts around the world have embraced cryptocurrency with open arms. This article is for all the fans of cryptocurrency and online casino. Keep reading to find out how these two are connected.

online casinos

Impact of Cryptocurrency on the Online Gambling Industry

Cryptocurrency has become a big part of the online gambling and casino industry. The cryptocurrency payment method was introduced in casinos to provide crypto-enthusiasts with a simple method to pay with their Bitcoins and other forms of cryptocurrencies. Cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin are known for their hassle-free, fast, and easy transactions. The public’s discernment of Bitcoin as a reputable form of payment has led to its use in online casinos.

Cryptocurrency is not just beneficial for the punters. Cryptocurrency is very profitable for online casinos as well. Since no third party is involved, the use of cryptocurrency dissolves the intermediary costs applied by banks for payment transactions. This helps online casino make that extra profit previously spent on transaction fees. 

Why Do Gamblers Prefer Cryptocurrency? 

Due to the vast benefits of the Blockchain system, cryptocurrency is greatly preferred by millions of gambling enthusiasts around the world. Here are a few reasons why gamblers like cryptocurrency –

  • You can gamble without worrying about your privacy as cryptocurrency maintains your anonymity. Online casinos using cryptocurrencies as a mode of payment guarantee their customers’ anonymity. This helps them focus on the progress of the game. Most of the free casino games no download could also be played with cryptocurrencies.
  • The blockchain technology used in cryptocurrency prevents the illegal trading of digital money, minimizing the risk of payment duplication. 
  • The security of online casino from any 3rd party hacker is also secured by blockchain technology. The transactions carried out during the games are verified and allocated as codes. These codes are encrypted and virtually impossible to change.
  • Through the use of cryptocurrency, the safety of gambling funds is protected. The reward money can be immediately transferred to an electronic wallet without the added hassle of bank verification.
  • Due to the decentralized nature of cryptocurrency, it is not controlled by any bank or government. Therefore, transaction fees or any extra taxes cannot be applied to your online casino earnings.
  • Bitcoin is a convenient form of cryptocurrency as it can be easily split into smaller pieces. Gamblers betting on a budget should ideally use Bitcoin.
  • Online casinos often offer exciting bonuses and deals to gamblers using crypto coins. This is attractive and profitable to any gambler using cryptocurrencies.

Conclusion 

Online casinos and cryptocurrency are complementary to each other in terms of market adaptation and implementation. The blockchain system and its apt utilization in cryptocurrencies benefit both the online casinos and their patrons. It is the responsibility of online casinos to make the gambling experience more enjoyable and secure for their customer – cryptocurrency assists the online casino in reaching that goal. Cryptocurrency still faces some minor setbacks, but it can only get better from here on.

U.TOWN：https://u.town/en

Categories
blockchain

Blockchain Applications: Tokenization of Real Assets

Blockchain

Blockchain Applications: Tokenization of Real Assets

Did you know that blockchain has the potential to transform the way we invest in physical assets?

Tokenization is a solution that divides the ownership of an asset (such as a building) into digital tokens. These tokens act as “shares”, and are similar to non-fungible tokens (NFTs). The difference here, however, is that the tokens are fungible and they are actually tied to the value of the asset.

In this graphic sponsored by Global X ETFs, we visualize how tokenization could be used in real estate.

Blockchain Applications: Tokenization in Real Estate

Blockchain has strong potential in real estate investing because it mitigates many of the asset class’ hurdles. Here’s a brief round-up of its theoretical advantages:

Liquidity

Buying and selling real estate is normally a tedious process. If a property were to be tokenized, it would essentially cut out the middleman and allow buyers and sellers to transfer ownership directly.

These transfers would be as easy as buying and selling cryptocurrency.

Removing barriers to entry

Because properties are expensive, real estate investing is typically limited to institutional investors with large amounts of capital. Individuals can gain exposure through a real estate investment trust (REIT), but these vehicles can carry high minimums and fees.

Tokenization could enable individuals to buy and sell real estate in small denominations (even fractions of a token) and without traditional fees.

Transparency and security

Blockchains are decentralized, digital ledgers known for their security. Tampering with a blockchain’s data is incredibly difficult because the ledger is shared and verified by all of its users.

This provides investors with full transparency into the past transactions of a property, as well as an undeniable proof of ownership.

Democratizing Investment

If tokenization proves to be effective, it could be extended to a whole range of other physical assets—most of which have their own unique barriers. Consider the following table, which lists the 12-month and 10-year return of various luxury goods.

Category12-month return10-year return
Handbags+17%+108%
Wine+13%+127%
Collector cars+6%+193%
Watches+5%+89%
Rare whisky-4%+478%
Art-11%+71%

Source: Knight Frank (Dec 2020)

Rare luxury goods have historically been sold through live auctions, where the highest bidder is awarded ownership. Thanks to blockchain technology, this could change in the future. In fact, Sotheby’s (a 277-year-old auction house) recently began to accept cryptocurrency as a payment option in its auctions.

In short, tokenization has the potential to greatly reduce the barriers around alternative and physical assets. For investors, this means a much wider set of opportunities to pursue.