Ether Cash completely improves the power of digital gambling by creating a crypto casino coin that can be exchanged between casinos, betting companies and players all around the globe. The mission of Ether Cash is to make the crypto casinos accessible to everyone. With the power of smart contracts Ether Cash are creating a new approach to gambling where players can actually win and have more opportunities. ESH tokens are smart contracts that run on the Ethereum blockchain.
- Historically there have been only three recession-proof markets: alcohol, tobacco and gambling. Alcohol and tobacco are in decline, but online gambling is growing at about 10% year-over-year
In 2015, the Lottery, Gambling and Betting market had a volume of 37.91 billion U.S. dollars, this figure was forecasted to increase to 59.79 billion U.S. dollars in 2020. The market volume of online gaming was forecasted to reach 51.96 billion U.S. dollars in 2018, more than doubling since 2009. This is a profitable industry with potential growth but it is banned in many countries. Besides that, the industry is known that lack of transparency and players are being charged a high fee.
The advent of blockchain technology has changed the business world as well as Gambling industry. In traditional industries, way to approach players is limited by many reasons. And blockchain technology removes the barriers. There are no organization or individuals can control the market, the community will monitor and develop instead. There is no way for manipulating and cheating. Lowest fee, totally anonymous, and you decide your tax. Especially, you can use financial leverage from the community without mortgages and paperwork inconvenient to maximize your profit.
The appeal of using Ether Cash at online crypto casinos stretches far beyond just speed and novelty.