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THEDEFIPLUG

@thedefiplug

54 Following
29 Followers


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THEDEFIPLUG
@thedefiplug
Oh shiii! what did i miss ?
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Dan Romero
@dwr.eth
Would encourage people actively building in the Farcaster ecosystem to watch the dev calls. Even if you can't join live, it's useful context as to what's on the roadmap. https://www.youtube.com/watch?v=I892zxrDNLA
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Andrew Moh
@0xandrewmoh
โžค Binance Launchpad & Launchpool 2023 Overview Binance has been proactive with various projects on its Launchpad & Launchpool platforms. Binance has embraced SocialFi, listing platform projects such as Sui, Aptos, and Arbitrum. ๐Ÿ“ŒThread: https://twitter.com/0xAndrewMoh/status/1720851297572880420
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THEDEFIPLUG
@thedefiplug
Farcaster is building strong! ๐Ÿ’ช
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THEDEFIPLUG
@thedefiplug
thank you bro ๐Ÿ™
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THEDEFIPLUG
@thedefiplug
โžฌ ๐—Ÿ๐—ถ๐—บ๐—ถ๐˜๐—ฒ๐—ฑ ๐—ฏ๐—ฒ๐˜๐˜๐—ถ๐—ป๐—ด ๐—ผ๐—ฝ๐˜๐—ถ๐—ผ๐—ป๐˜€ Another problem is that casinos and especially sportsbook, do not offer the variety players seek. Just like how CEX do not offer all altcoins, bookies donโ€™t offer all sports and leagues a player will bet on
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THEDEFIPLUG
@thedefiplug
โ™Ÿ๏ธ ๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ ๐†๐š๐ฆ๐›๐ฅ๐ž๐…๐ข ๐Ÿ๐š๐œ๐ž๐ฌ โžฌ ๐—ž๐—ฌ๐—– ๐—ฉ๐—ฒ๐—ฟ๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ถ๐—ผ๐—ป Casinos may ask for unreasonable strict KYC documentation. Some times casinos outright refuses to process big withdrawals under false pretext
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THEDEFIPLUG
@thedefiplug
โžฌ ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† GambleFi leverages decentralized protocols and smart contracts to ensure fairness
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THEDEFIPLUG
@thedefiplug
โžฌ ๐—ฅ๐—ฒ๐—ฏ๐—ฎ๐˜๐—ฒ ๐˜€๐˜†๐˜€๐˜๐—ฒ๐—บ This is one of the main innovative features of GambleFi, this rebate system generates a certain amount of turnover, this is a good advantage for players, similar rakeback and loyalty programs exists for traditional casinos too.
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THEDEFIPLUG
@thedefiplug
โ™Ÿ๏ธ๐๐ซ๐จ๐›๐ฅ๐ž๐ฆ๐ฌ ๐†๐š๐ฆ๐›๐ฅ๐ž๐…๐ข ๐ฌ๐จ๐ฅ๐ฏ๐ž๐ฌ Crypto-based innovation tends to take proven solution and slap a shiny โ€œdecentralizedโ€ sticker on it. That is the case for GambleFi as well.
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THEDEFIPLUG
@thedefiplug
โžฌ ๐—ง๐—ต๐—ฒ ๐—ด๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ฟ๐—ฒ๐—ฎ๐—ฐ๐—ต ๐—ผ๐—ณ ๐——๐—ฒ๐—™๐—ถ DeFi is not limited by geographical borders, which means that it can be accessed by people all over the world.
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THEDEFIPLUG
@thedefiplug
โžฌ ๐—ง๐—ต๐—ฒ ๐—ฝ๐—ผ๐˜๐—ฒ๐—ป๐˜๐—ถ๐—ฎ๐—น ๐—ณ๐—ผ๐—ฟ ๐—ฑ๐—ถ๐˜€๐—ถ๐—ป๐˜๐—ฒ๐—ฟ๐—บ๐—ฒ๐—ฑ๐—ถ๐—ฎ๐˜๐—ถ๐—ผ๐—ป DeFi can be used to create decentralized casinos that are not subject to the same regulations as traditional casinosโ€” could lead to lower fees
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THEDEFIPLUG
@thedefiplug
โžฌ ๐—ง๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐—ฎ๐—ป๐—ฑ ๐˜€๐—ฒ๐—ฐ๐˜‚๐—ฟ๐—ถ๐˜๐˜† ๐—ผ๐—ณ ๐——๐—ฒ๐—™๐—ถ DeFi is built on blockchain technology, which is a transparent and secure way to record transactions
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THEDEFIPLUG
@thedefiplug
โ™Ÿ๏ธ๐‚๐š๐ญ๐š๐ฅ๐ฒ๐ฌ๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ง๐š๐ซ๐ซ๐š๐ญ๐ข๐ฏ๐ž โฌโฌโฌ
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THEDEFIPLUG
@thedefiplug
โ™Ÿ๏ธ๐๐ฅ๐จ๐œ๐ค๐œ๐ก๐š๐ข๐ง ๐ฌ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ Blockchain technology can address these concerns with the traditional casinos by providing a transparent and immutable record of all gambling transactionsโ€” players can be sure that their bets are being placed fairly
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THEDEFIPLUG
@thedefiplug
โ™Ÿ๏ธ๐“๐ซ๐š๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐œ๐š๐ฌ๐ข๐ง๐จ๐ฌ Theyโ€™re often criticized for being opaque & unfair, with players having little to no way to verify the fairness of the games or the integrity of the operators
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THEDEFIPLUG
@thedefiplug
โ™Ÿ๏ธ๐“๐ก๐ž ๐ง๐š๐ซ๐ซ๐š๐ญ๐ข๐ฏ๐ž & ๐ข๐๐ž๐š ๐ข๐ง ๐œ๐ซ๐ฒ๐ฉ๐ญ๐จ The idea is that blockchain technology and cryptocurrencies can be used to create more transparent, fair and efficient gambling platforms since itโ€™s decentralized
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Alฮžx Wacy ๐ŸŒ
@alexwacy
Just minted Day 75 on BasePaint! Hundreds of pixel artists made this together on the blockchain. Minting is open only for 24h
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THEDEFIPLUG
@thedefiplug
Thank you for reading Donโ€™t forget to follow for more Follow a good crypto educator @alexwacy
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THEDEFIPLUG
@thedefiplug
โžฌ Take breaks if you're losing โžฌ Don't gamble when you're under the influence of alcohol or drugs โžฌ Get help if you have a gambling addiction
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