What is Beambet.io

In the earliest days, Blockchains existed mainly as networks of decentralized nodes acting as validation and security for the transactions of assets and data on the network. Today, blockchains have evolved to become capable of so much more. From having entire working financial and healthcare systems replicated on them, to global computers with the capacity to power Dapps and thousands of digital assets.

Also, the gaming and entertainment industries are not left out as more digital casinos are turning to blockchain solutions to enable more game speculators and risk-takers to bet, earn and send cryptocurrencies across borders and without restrictions.

Cryptocurrencies make remittance and online transactions easier, and digital casinos that do not include any payment method for cryptocurrencies might not be ideal for everyone. For digital casinos with centralized forms of payment like Fiat currencies, users are subjected to various regional laws and restrictions binding the use of such currencies, as well as endless KYC documentation processes on these services.

While the story isn’t the same for digital casinos running on public, transparent and unshielded blockchains, transparency brings about the risk of exposure of one’s assets because each transaction a user makes can be traced by anyone with a good knowledge of how computers work, back to their user wallets. Hence, undermining the financial privacy of the asset owners and making them easy targets for ad bots and possibly social criticism. This presents the need for digital casinos with the capacity to allow borderless, unrestricted gameplay activities/transactions with high preferences for user privacy.

Crypto casino games have been around for a while now. However, Beambet.io takes a different approach to gaming because the platform doesn’t store user data or carry out any form of KYC. Below are some of the features of Beambet.io.

Currently, there are only two games on the platform. They are;

More games will be added as the platform progresses.

DISCLAIMER.

Beambet is not endorsed by Beam nor is it affiliated to Beam. Also, this is not financial advice, nor a guarantee or promise in regards to any result that may be obtained from using the above content. The information provided here is for informational and entertainment purposes only. It should not be considered as financial and/or investment advice. No person should make any kind of financial decision without first consulting their financial adviser and/or conducting their research and due diligence.

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