ArenaPlay Leads New Opportunities in the Guessing Market Based on Blockchain Technology
2022-01-25 13:14:42 Reading

 Recently, ArenaPlay, a blockchain technology-based guessing ecosystem, has attracted a lot of attention, especially the industry's strong demand for "guessing" games and the high risk of centralized websites, making ArenaPlay a hot topic in many websites and forums. The ArenaPlay ecosystem received investment from Monte Carlo, the largest entertainment group in Monaco, which has put ArenaPlay's guessing ecosystem on the ground.

ArenaPlay is based on the industry of SBM (Monte-Carlo Marina Resort & Spa Group), a Monaco-based entertainment company, and is committed to building an on-chain infrastructure for the pan-entertainment industry such as games, quizzes, e-sports, NFT and meta-universe, building a cross-field, cross-ecology and globalized blockchain entertainment complex based on the physical pan-entertainment industry, and is committed to innovating the blockchain entertainment model for the pan-entertainment industries such as gaming, quizzing, eSports, NFT, and metaverse. The company is committed to building on-chain infrastructure for gaming, quizzing, e-sports,

NFT, metaverse and other pan-entertainment industries, and building a cross-field, cross-ecology, globalized blockchain entertainment complex based on the physical pan-entertainment industry that integrates with blockchain, providing an underlying platform with anonymity, openness, reliability and fairness for technology developers and entertainment value creators.

ArenaPlay Eco makes full use of the decentralized, non-tamperable and fair characteristics and advantages of blockchain technology to realize the construction and development of a new business model in the context of the new era, which will completely disrupt the traditional guessing industry, traditional asset trading platform and traditional foreign exchange market acceptance industry with a market scale of hundreds of billions of dollars.

ArenaPlay ecosystem will first gain market share and accumulate solid user support by penetrating the target industries (guessing, asset trading, forex trading) and, based on this, will gradually develop into a blockchain technology platform that truly integrates with real business applications.

The foundation of value interaction is the establishment of trust between two parties. The revolutionary aspect of blockchain technology is that it enables a new way of trust. Through the design innovation at the technical level, the trust relationship between human and human in the process of value interaction can be transformed into the trust between human and technology, and even some parts of the process can be automated by the program, so that business activities can be realized more cost-effectively.

ArenaPlay Eco is based on the competitive entertainment industry and uses the unique features of blockchain technology to address the pain points of the industry, which is practically feasible from both the technical and economic aspects.

The decentralized guessing entertainment platform built on the ArenaPlay ecosystem fully utilizes

the characteristics of blockchain technology, which will solve the unreasonable aspects of the current guessing game industry.:These include the low return rate of traditional guessing game platforms, the lack of products available for participation in guessing games, the lack of openness and transparency in the operation of traditional guessing game platforms, legal risks, the potential risk of the platform fleeing with the money, capital security issues and doubts about the operators' cheating behavior, etc.

Because the ArenaPlay ecosystem is decentralized, it is not controlled by any stakeholder group. At the same time, ArenaPlay uses a distributed ledger to record guessing information, so that no one can tamper with the game records on the application, which fundamentally eliminates the risk of "underhanded operation". For example, for soccer games, ArenaPlay eco-entertainment platform will collect and verify data in real time, using the official tournament result data as the reference standard. All users will receive a consensus result, and ArenaPlay's smart contracts will then automatically distribute the revenue according to the calculated game returns. Because the execution of the smart contract is predetermined in advance, and the information about everyone's guessing game is recorded on the blockchain and cannot be modified. Therefore, it can ensure that all users are in a fair, open and just game environment. The blockchain technology itself becomes the most powerful backing for the quiz game application.

At the same time, the ArenaPlay ecosystem will use the ArenaPlay point model "MUSD" to participate in the quizzes, and secondly, the ArenaPlay ecosystem has many nodes scattered around the world so that the network cannot be destroyed and cannot be captured. Finally, the anonymity provided by the blockchain will also help users to play more safely. More importantly, due to the decentralized nature of the ArenaPlay eco-entertainment platform, there will be no bookmakers to control returns or deliberately manipulate the market, so there will be no bookmakers to run away. There will be no worries for users who play on ArenaPlay.

ArenaPlay ecological guessing entertainment platform will take digital asset quotes as the entry point, launch quotes up and down guessing, guessing games, etc., and later will continue to expand into a full range of guessing platforms including sports events, meta-universe NFT, board games, etc., opening a new blueprint for blockchain guessing entertainment!

ArenaPlay, as a blockchain guessing platform, has become a benchmark in the industry. Through

the ArenaPlay platform, the pain points of the guessing industry can be basically solved, and users can be given an efficient competitive environment.

ArenaPlay Eco is committed to solving the pain points of traditional guessing entertainment platforms, changing the single type and way of entertainment, creating a new guessing entertainment platform that combines online and offline, allowing the blockchain to play a greater role in guessing entertainment, bringing the whole world into the ArenaPlay Eco guessing entertainment, and making people's lives more exciting!

ArenaPlay Eco has already reached cooperation agreements with a number of gaming venues such as Monaco and the United States, and is steadily working on access.

Disclaimer: This specification is preliminary and is subject to change at any time without notice. ChainNews assumes no responsibility for any errors contained herein.