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EOS’ Gambling dApp EOSBet Receives A Gaming License In Curacao

Stefan by Stefan
05/12/2018
in EOS News
Reading Time: 1 min read
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The EOS Gambling dApp named EOSBet is in the recent crypto news, after Curacao’s online gambling industry regulator Curacao eGaming has granted it a gaming license. The platform that has the gaming technology behind the EOS altcoin revealed the new offer for interactive online gambling.

In an official announcement posted on the EOS blog, EOSBet revealed that this accreditation will enable it to offer all the existing forms of interactive online gambling under the regulator’s Master Gambling License that is issued by Curacao’s Ministry of Justice.

The announcement also reads that the platform, which prides itself as the oldest EOS gambling dApp, has achieved another milestone in its strategy to be fully licensed and legitimate as a gambling platform. As it is, it is now the only fully licensed EOS-based gambling platform.

The benefits of Curacao’s eGaming decision to grant EOSBet a license come in many ways, but mainly revolve around the increased stakeholder confidence and the enhanced credibility and trustworthiness all round.

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Even though EOSBet suffered a damaging public hack in September this year – which negatively impacted the user and investor confidence – this granting of an official regulatory license proves that the platform will substantially improve investor confidence in a space that has already seen quite a number of exit scams.

Moving forward, EOSBet also announced that the license improves the likelihood of BET (which is EOSBet’s native token) to become listed on a major exchange.

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: curacaodappeosbetgamblinggamificationgaminggrantinggrantsLicense
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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