Younity

Gambling can be traced back to the earliest stages of human civilization, but casinos have only been around since 1638. Is it really necessary to have a casino for us to play against the odds? Which, by the way, are 
stacked in the casino’s favor through the built-in advantage called the 
“house edge”. All casinos have this biased slant, so is there any way 
for us to have a truly fair gaming experience?

This is What Happens in an Online Casino and this is why the Industry Needs Blockchain

The 5th Cryptoecon Meetup has finished, and it’s time to make a short summary of everything that was discussed there. So far, it was the most interesting meetup among all that we have conducted. Zk-cryptography was discussed and it featured three guests, each of them with his own topic of progressing complexity. We wish to thank RAHIB and CryptoAcademy for the aid in organization! 

The report on Cryptoeconomics Moscow Meetup #5: zk-cryptography

Lotteries can be traced back for centuries, and in some of the earliest cases the purpose of the lottery was to raise funds for some sort of community project. Of course, simple math dictates that if the lottery was designed to raise funds, that means that the total amount of the money being given away as a prize had to be less than the total raised. Queen Elizabeth I, for instance, ran a lottery to raise funds for the “reparation of the havens and strength of the Realme, and towards such other publique good workes.”

Is the Lottery a Waste of Your Money?

Gambling has certainly changed over the years, as all things do, and if we look back far enough we can see the progression of gambling. But if we look to the future, we just may see that it is coming full circle. Gambling at one point was only against friends and other real people, and the winnings always went to a person, not an organization. Over time, however, gambling houses and casinos started to get into the mix and all of the sudden money was no longer going into the players’ pockets nearly as often.

What does Gambling in a House-less Blockchain Casino look like?

Global fintech funding in the third quarter of 2017 dipped 25% compared to the previous quarter to a total of $4 billion raised by fintech companies backed by venture capital (VC) across 278 deals.

The state of global fintech

Younity is a residential IoT company redefining the wireless experience in multi family properties

YOUNITY

younity.io

1-10 emps

Since 2018

YOUNITY

EVERGREEN INDEX #13882

Younity's stories on HackerNoon

This is What Happens in an Online Casino and this is why the Industry Needs Blockchain

The report on Cryptoeconomics Moscow Meetup #5: zk-cryptography

Is the Lottery a Waste of Your Money?

What does Gambling in a House-less Blockchain Casino look like?

The state of global fintech

Younity's Related Companies

Representing this company? Click here to claim and customize this page!

Reviews About Younity

Younity WIKI

Apply to get your Tech Company News Page live on HackerNoon.com today!

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps

YOUNITY

younity.io

1-10 emps

Since 2018

YOUNITY

EVERGREEN INDEX #13882

Younity's stories on HackerNoon

This is What Happens in an Online Casino and this is why the Industry Needs Blockchain

The report on Cryptoeconomics Moscow Meetup #5: zk-cryptography

Is the Lottery a Waste of Your Money?

What does Gambling in a House-less Blockchain Casino look like?

The state of global fintech

Younity's Related Companies

2022

2021

-1%

Representing this company? Click here to claim and customize this page!

Reviews About Younity

Younity WIKI

Apply to get your Tech Company News Page live on HackerNoon.com today!

Light-Mode

Classic

Newspaper

Minty

Dark-Mode

Neon Noir

Minty

HN StartUps