3 days ago
🔍 The GambleFi, trend or bullshit?
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
The online gambling market
The global online gambling market is experiencing phenomenal growth. Estimated at $63 .5 billion in 2022, it is expected to reach the impressive figure of $153 .6 billion by 2030, with an annual growth rate of 11.7% (Grand View Research, 2023). This trend is reflected in Statista's projections, which forecast an increase to $131 .91 billion in 2027, an annual growth of 8.54%.
The geographical distribution of these incomes is just as interesting. The United Kingdom dominates the market with $12 .48 billion in revenue in 2021, closely followed by the United States ($10.96 billion) and Australia ($6.55 billion). In Europe, France is positioned as the 5th largest player, generating $3 .83 billion in revenue in 2021, behind Italy (4.51 billion) but ahead of Germany ($3.65 billion).
It is in this flourishing context that GambleFi, or "Gambling Decentralized Finance", has emerged since 2021. This new trend promises to revolutionize the gambling industry by injecting the power and transparency of the blockchain. No more opaque casinos and centralized betting platforms. Make way for a new era where every bet, every gain, and every transaction are verifiable on the blockchain.
The figures speak for themselves: according to Softswiss, crypto betting jumped by 21.1% in 2023, with an impressive 50.5% increase in the number of transactions. This growth is part of a broader trend of the adoption of cryptos in gambling.
9 days ago
Daily Memecoin Recap - June 27
The market is still struggling to find a concrete meta
In this market, the key is to adapt & be versatile
Trump vs Biden Debate
$usa -> $16 .6m to $43m (2.6x from the low)
$usacto -> hit $3m , "America CTO"
$bboden -> hit $583k , POTUS as a redacted baby
$joever -> hit $550k , "It's Joever"
$sloe -> hit $450k , "Sloppy Joe"
Gavin Newsom Replacing Joe Biden
$noosum -> $1 .1m to $9 .2m (8.36x), redacted Newsom
$newsum -> $440k to $3 .4m (7.7x), another redacted Newsom
$newsom -> $91k to $2 .3m (25.5x)
- After Joe Biden's poor performance, people are saying that democrats should replace him with GavinNewsom
Viral Meme "Daddy Chill" Launch
$chill -> hit $4 .75m,
Amber Rose Launch
$muva -> hit $8 .3m,
Kimi Reaches $300m +
$kimi -> hit $330m , heavily bundled, launched on pumpdotfun
$kimi -> hit $1m , "KIMI-burn"
Cat Memes
$sc -> $3 .5m to $9 .9m (2.82x), "Star Cat", strong CTO
$bobby -> $1 .4m to $6 .6m (4.71x), CTO
$tiny -> hit $1 .7m, dev is doxxed, using his own cat
Dog Memes
$spot -> hit $1 .8m, 180+ people in vc
$bullseye -> hit $470k , "Target Dog", CTO
Long-Term Cooks
$popcat -> $220m to $625m (2.84x from the low)
$ponke -> $131m to $232 .9m (1.77x from the low)
$michi -> $44m to $155m (3.52x from the low)
More Plays
$aura -> $4 .9m to $11m (2.24x), good team
$spike -> $595k to $1 .8m (3x), another $spike launched which seemed like a honeypot, people bought into the OG spike for a bounce
$moonwif -> $120k to $420k (3.5x), launched on dexscreener's moonshot
$otty -> hit $1 .8m, Otter Meme, CTO
CTO's are a meta in & of itself.
Most of these CTO coins would not have pumped as much if the dev never sold
The market is still struggling to find a concrete meta
In this market, the key is to adapt & be versatile
Trump vs Biden Debate
$usa -> $16 .6m to $43m (2.6x from the low)
$usacto -> hit $3m , "America CTO"
$bboden -> hit $583k , POTUS as a redacted baby
$joever -> hit $550k , "It's Joever"
$sloe -> hit $450k , "Sloppy Joe"
Gavin Newsom Replacing Joe Biden
$noosum -> $1 .1m to $9 .2m (8.36x), redacted Newsom
$newsum -> $440k to $3 .4m (7.7x), another redacted Newsom
$newsom -> $91k to $2 .3m (25.5x)
- After Joe Biden's poor performance, people are saying that democrats should replace him with GavinNewsom
Viral Meme "Daddy Chill" Launch
$chill -> hit $4 .75m,
Amber Rose Launch
$muva -> hit $8 .3m,
Kimi Reaches $300m +
$kimi -> hit $330m , heavily bundled, launched on pumpdotfun
$kimi -> hit $1m , "KIMI-burn"
Cat Memes
$sc -> $3 .5m to $9 .9m (2.82x), "Star Cat", strong CTO
$bobby -> $1 .4m to $6 .6m (4.71x), CTO
$tiny -> hit $1 .7m, dev is doxxed, using his own cat
Dog Memes
$spot -> hit $1 .8m, 180+ people in vc
$bullseye -> hit $470k , "Target Dog", CTO
Long-Term Cooks
$popcat -> $220m to $625m (2.84x from the low)
$ponke -> $131m to $232 .9m (1.77x from the low)
$michi -> $44m to $155m (3.52x from the low)
More Plays
$aura -> $4 .9m to $11m (2.24x), good team
$spike -> $595k to $1 .8m (3x), another $spike launched which seemed like a honeypot, people bought into the OG spike for a bounce
$moonwif -> $120k to $420k (3.5x), launched on dexscreener's moonshot
$otty -> hit $1 .8m, Otter Meme, CTO
CTO's are a meta in & of itself.
Most of these CTO coins would not have pumped as much if the dev never sold
