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      "body": "<html>\n<p>\r<img src=\"https://cdn.steemitimages.com/DQmXimr1NRAE8wTncU2W1UeTn35dwFxg9BJaXz8dTHkuBzz/Insights-Into-the-World-Changing-Potential-of-On-Chain-Gaming-780x470.png\" alt=\"Insights-Into-the-World-Changing-Potential-of-On-Chain-Gaming-780x470.png\"/></p>\n<p>\r</p>\n<p>Blockchain technology and the decentralization movement are set to disrupt many industries, but perhaps none more than gambling. By bringing transparency to a once-opaque industry, on-chain gaming promises to shine a light onto a sector characterized by intransparency and a lack of fairness.</p>\n<h1>What is Decentralized Gambling?</h1>\n<p>Decentralized gambling takes control away from centralized organizations which typically operate gambling sites. This design model opens the doors to player-centric mechanisms, one of which provable fairness.</p>\n<p>All payouts and bets are verifiable with all transactions recorded on-chain, thereby leaving platforms with no choice but to acknowledge all activities carried out by players. With this model, no longer can casinos mess with the outcome of wagers or insist that a specific winning bet was never played.</p>\n<p>Decentralized gaming and gambling can also include the notion of community governance and utility tokens. With tokens available to the community, players have a stake in the platform, potentially reducing their house edge, being subject to rewards, earning a share of revenue, and providing a genuinely decentralized business model where no single party controls the mechanics of the site.</p>\n<h1>Why Are Traditional Online Casinos Unfair?</h1>\n<p>Even if land-based casinos are well regulated, and the house edge is discernible, online casinos pose enormous risks to players. Online casinos have been widely reported to alter their software to issue false outcomes. Whether it is second dealing, rigged games or faulty slots, players are often at the mercy of unscrupulous operators or buggy software.</p>\n<p>Many are operated by criminal organizations out of less-regulated jurisdictions and can be difficult to track down in the event of a non-payment of winnings. Online casinos have a well-earned reputation for engaging in <a href=\"https://www.casino.org/features/rigged-casino-guide/\">fraud and theft</a>, usually in the form of (unrevealed) unfair odds and rigging.</p>\n<p>Online gambling is a <a href=\"https://www.gamblingsites.com/blog/15-things-you-didnt-know-about-online-gambling-11655/\">$45 billion a year industry</a>, and despite a sheer yearly growth, it lacks oversight whilst harboring unfair practices. Thankfully, on-chain gambling models can resolve all of those problems by providing a transparent and immutable record of every action taken on the casino. Thanks to its many user-centric benefits, decentralized gambling has become a buzzword despite many casinos not being fully decentralized, fair, or governed by smart contracts.</p>\n<h1>Untapped Market Opportunity</h1>\n<p>After conducting careful studies of the current market, CryptoPunt was launched in hopes of resolving all paints generally associated with online gambling. All the games and the casino are fully decentralized, with completely auditable smart contracts. As such, all bets are recorded on-chain via the Polygon Matic ecosystem, the layer 2 Ethereum scaling solution, which also drastically reduces transaction costs for players.</p>\n<p>Access to CryptoPunt will be via a standard web3-enabled Ethereum wallet like MetaMask, meaning that CryptoPunt provides a non-custodial payment policy, so users retain control over their private keys, with funds never moving in the absence of authorization. This model also ensures that there is no risk of delayed or denied withdrawals since wagering happens directly via a user’s web3 wallet — consequently, there are no deposit or withdrawal buttons.</p>\n<p>The first games to be launched will be Blackjack, Jackpot, and Coinflip, with many other entertainment options like Crash to follow.</p>\n<p>A recent look at the MVP of CryptoPunt has shown a <a href=\"https://vimeo.com/553295690\">beautiful user interface</a> built for and by punters, offering a sleek, fun, and efficient experience.</p>\n<h1>Introducing Community Tokens</h1>\n<p>To further enhance the platform’s decentralized credentials, CryptoPunt will be releasing $PUN, its very own native utility token. $PUN tokens will be issued as rewards to affiliate marketers, with 0.1% of all bets being automatically credited within their wallets. Token holders can also access lower house edges, giving them greater chances of winning, along with access to exclusive promotions and better rates. CryptoPunt has mentioned that it is actively developing the utility of the $PUN token to reward early buyers and create an ever-expanding gambling ecosystem.</p>\n<p>$PUN is the world’s first casino utility tokens to support both ERC-20 and BEP-20 standards and will be listed directly on the PancakeSwap &amp; Uniswap decentralized exchanges. With a listing price of 25 cents, $PUN will hold an initial market cap of $1.2M.</p>\n<p>They are backed by industry heavyweights like VYSYN Capital, CryptoMarvels, Chain Ridge Capital, Insignius Capital, Dutch Crypto Investors, and BMW Capital. It is expected that <a href=\"https://www.cryptopunt.com/\">CryptoPunt will demonstrate that on-chain and fully decentralized gambling is the only rational choice</a> for the industry to not only survive but thrive.</p>\n<p>\r\r</p>\n</html>",
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      "from": "crypto.piotr",
      "memo": "Dear @mortonj, I had quite a long break from publishing my own articles since I've focused my efforts on building Project.hope community and watching it grow. Today however, I would like to share with you link to my recent publication and I surely hope to read your feedback. All valuable comments will be rewarded with solid upvote. Cheers, Piotr // LINK: https://steemit.com/hive-175254/@crypto.piotr/is-crypto-space-is-mature-enough-for-another-bull-run-i-have-my-concerns",
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{
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      "author": "mortonj",
      "body": "<html>\n<p><strong>\r\r</strong><img src=\"https://cdn.steemitimages.com/DQmXXZFAUj7F2SrPJgdrScbTxo9uU52iyjxzXpUrsvrZESi/1_-q4U3R5sDjUIaf-mA1s6-Q.png\" alt=\"1_-q4U3R5sDjUIaf-mA1s6-Q.png\"/></p>\n<p><strong>Alternatives to Our Current Voting &amp; Governance Schemes</strong></p>\n<p>Millennials saw the development and growth of many technologies. However, many of these technologies are also already outdated as digitisation and innovation march on. They have impacted almost every aspect of our lives. Previous generations had to adapt quickly to this change, while new ones do not even imagine how the world was before the rise of the internet.</p>\n<p>Although communication was largely affected by technological progress, one pillar of our society has been left behind: our <a href=\"https://www.dgen.org/democracy-decentralised\">democracies</a>. While we can easily communicate with someone on the other side of the world or get real-time news, voting systems and most governance services are still analogue. This is largely due to great security risks. However, in their current iterations, our democracies are languishing and becoming less effective, with lower voter turnout year after year.</p>\n<p>Once again, the challenges posed by the Covid-19 pandemic stressed the weaknesses of our political systems. Throughout the world, elections — the core of democratic processes — have been compromised. Those with online voting systems already, were best prepared to deal with the crisis at hand.</p>\n<p>This year, numerous, perhaps too many, events threatened the legitimacy of democratic elections. Transparency, ballot access, and fraud cropped up, perhaps not at unprecedented rates, as our democracies have had issues for decades, but in a manner that seems more pressing than ever. Clearly, it is time to consider new innovative proposals to make our democracies healthier. By observing one of the most watched elections globally — the US Presidential elections — we explored current online voting systems and new feasible solutions in our report, “<a href=\"https://www.dgen.org/democracy-decentralised\"><strong><em>Democracy Decentralised: Voting, Governance &amp; Transparency</em></strong></a>”. In this, we focus on solutions coming from blockchain communities, for their innovative look at voting and governance models.</p>\n<p>As blockchain-based initiatives still need improvements, we try to cover major technical and social risks related to blockchain-based voting systems, and i-Voting in general. However, research is well on the way to finding workable solutions bringing many benefits to recover our democracies. Particularly Decentralised Autonomous Organisations (DAOs) and Quadratic Voting offer necessary interventions to the very core of how democracies function.</p>\n<p>‍</p>\n<h1>What could the next 10 years bring?</h1>\n<p>Changes must happen sooner than later to allow our democracies to continue to represent citizens’ interests, and revive young generations’ trust in political systems. Based on this, we recommend and expect:</p>\n<ol><li>The EU Parliament should trial quadratic voting in the next 5–10 years.</li><li>DAOs will begin to be used by multinational civil societies and smaller, digitally robust villages.</li><li>Voter turnout will be bolstered by greater transparency and more reactive democracies.</li><li>Online voting will be an option in five to seven countries by the 2029 EU elections.</li><li>Online voting will increase the number of referendums and special elections.</li></ol>\n<p>Our democracies have stagnated for too long. Technology may not be the only solution to decentralise power back to citizens, but it presents <a href=\"https://www.dgen.org/democracy-decentralised\">many potential solutions</a>, and is one that we continue to look to.</p>\n<p>Thank you to all of the insights we received from experts in voting technology. If you have any feedback or questions, please get in touch at [email protected].</p>\n</html>",
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      "body": "Dfinance is definitely a gamechanger.",
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      "memo": "Good morning @mortonj, I hope you don't mind this little memo. I would like to ask you for SMALL FAVOUR. One of our PH community members posted publication promoting our curation trail on Steemit (great way to enjoy PASSIVE INCOME without investing much time in manual curation). Would you mind resteeming this post and helping us reach wider audience? Perhaps you can consider joining yourself with some small % upvote. I would also greatly appreciate YOUR FEEDBACK. I read all comments. Yours, @crypto.Piotr // LINK: https://steemit.com/hive-175254/@alokkumar121/looking-for-passive-income-no-time-for-manual-curation-sign-in-to-new-steemauto-and-follow-our-curation-trail-today",
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