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Crypto and iGaming: The Revolution of Decentralization

Writer's picture: Tib TibTib Tib

Updated: Jan 29

Fabio Tiberia, founder of FT Consulting, has been a pioneer in the sports betting sector in Brazil since 2012, bringing innovative technologies from Europe to the country. Since 2016, he has focused on the cryptocurrency universe and blockchain technology, the foundation of the revolution shaping the next generation of the internet, known as Web 3.0.

Blockchain, introduced with the advent of Bitcoin (BTC) in 2009, is a technology that enables the creation of a decentralized system where there is no need for a central intermediary to validate transactions. This decentralization is the pillar of a true revolution that not only transforms the global economy but also various industries, including the iGaming market.

In the traditional model of sports betting platforms, management is centralized. The operator is responsible for setting odds, managing payments, and controlling players' data, both financial and biographical. This B2C ("business-to-consumer") model is governed by rules imposed by central or third-party entities.

With the advent of decentralized platforms based on blockchain and smart contracts, this paradigm is changing. It is now possible to implement a peer-to-peer model, where players themselves define the odds and bets. Payments are made transparently, securely, quickly, and at reduced costs, all via smart contracts.

Fabio Tiberia believes that this evolution represents a unique opportunity to transform the iGaming sector, bringing greater transparency and autonomy to players. Soon, he will launch a series of courses on the Jobs.bet platform, addressing the interactions between the world of cryptocurrencies and iGaming. Among the topics covered will be:

  • Decentralized vs. Centralized Platforms;

  • Stablecoins and the Democratization of Online Gaming;

  • Betting Pools and Wealth Redistribution;

  • KYC or Privacy;

  • Affiliate Systems with Smart Contracts;

  • Peer-to-Peer vs. Centralized Betting;

  • Decentralized Risk Management;

  • Hot Wallets vs. Cold Storage;

  • AML and Flash USDT: Potential Threats.

The intrinsic value of Bitcoin and blockchain technology also deserves attention. BTC represents the only anti-inflationary currency in existence, where its real value often exceeds its nominal value, becoming a powerful weapon against inflation. Furthermore, Bitcoin symbolizes the democratization of the global financial system, allowing individuals anywhere in the world to access a fairer, more transparent economy, independent of central intermediaries.

This technology is not just a passing trend but a milestone that, over the next two years, will revolutionize the world and the iGaming sector. Everything we know today will become obsolete in the face of the innovations provided by blockchain and cryptocurrencies. The future is decentralized, and this is an opportunity that no professional or enthusiast should overlook.


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