The era of rapid development of financial technologies has shown us that money does not necessarily have to have images of deceased presidents and other national heroes. Sometimes a funny dog is enough to create a fully-fledged and recognisable digital currency, especially if the dog has already gained popularity on the Internet.
Dogecoin has given this popularity a completely new meaning. Thanks to the history of Jamaica’s bobsleigh team, his fame went beyond the Internet, but even that’s not all. Soon the gilded coin with a charming dog Shiba Inu will go into space – in 2019 he will fly to the Moon with Astrobotic team in the Google Lunar X Prize competition.
Despite the fact that Dogecoin’s is far less popular that Bitcoin, this cryptocurrency has a rather devoted and compact community. Gradually more and more places begin to accept dogecoins. Thanks to this virtual coin you can already buy food, drinks, clothes, pay for accommodation, enjoy new betting games and many other things. For example, an online shop called GamerzHeat has delighted E3 trackers who bought an expensive GPU to play The Witcher 3 instead of extracting Dogecoins – this site allows you to pay for games using dogecoins.
The gambling industry has been using this cryptalourist for some time now, there are lots of online crypto casinos that accept dogecoin
These sites offer players various forms of gambling with Dogecoin: some allow them to spend and earn dogecoins in all games, others offer this option only in some games, yet others offer a 100% bonus for each deposit in this cryptalourist. Blackjack, roulette, slots, poker, craps – all these traditional games are available in the above mentioned online casinos.
There are also other forms of gambling, such as:
– Ponzi games
HOW DOGECOIN HAS EVOLVED
First the world heard about Bxitcoin. It was liked by so many people that an alternative cryptocurrency called Litecoin was created. Soon afterwards Luckycoin appeared, which was based on Litecoin. The last link in this crypto chain was Dogecoin, introduced into circulation at the end of 2013.
Dogecoin was created by Billy Markus, a Portland programmer, and Jackson Palmer, an employee of Adobe Systems. These two guys had an original sense of humour. According to their intention, this new cryptocurrency was to become one big joke in the whole community. They would never have imagined that within a month of their introduction, their “child” would reach the value of 60 million dollars.
According to CoinMarketCap data, at the moment, i.e. in the middle of august 2018, this number has increased to over 418 million dollars. What made Dogecoin’s portfolio so popular?
Perhaps a significant role in this was played by charity collections organised by the community. In the winter of 2014, a group of people announced the collection of 50,000 dollars for the Jamaican bobsleigh team’s trip to the Winter Olympics in Sochi. The collection itself was successful, and the value of Dogecoin compared to Bitcoin doubled the next day. By the way, the Jamaican bobsleepers took part in the aforementioned Olympic Games.
Some time later, the community was inspired to start collecting for the construction of a drinking water well in Kenya. The campaign was called “Doge4Water” and raised over 30,000 dollars.
In the spring of 2014, 55,000 dollars in the form of dogecoins were raised to sponsor Joseph Wise, a NASCAR driver. It is worth mentioning that during the race the Wise car had a large inscription “Dogecoin” and several images of the famous Shiba Inu.
Despite this, the next collection was a remarkable event for the cryptocurrency’s fans, which raised funds to send physical coins to the Moon by Dogecoin. But don’t eat all the popcorn: the flight will only take place in 2019.
In the meantime you can play casino for dogecoins as much as you like!
THE BENEFITS OF DOGECOIN GAMBLING
Like other cryptologists, Dogecoin offers many advantages for online gambling:
The system does not require the provision of private data. No one will know which casinos you visit or how much you earn, even the portals concerned.
Transactions using dogecoin are much cheaper than traditional transfers. What’s more, casinos that support cryptocurrencies usually offer a higher payout percentage.
Sending money in cryptocurrencies takes less time than with traditional money.
By playing provably fair casino you can be sure that nobody is cheating you.
Some gambling enthusiasts believe that it is more profitable to bet with Dogecoin than with other crypts. The main arguments are higher speed and lower transaction value. For others, it is more convenient to use larger amounts of coins than to play with a thousandths of fractions (for a reminder: 1 Dogecoin is currently 0.00197335 USD).
There is also another undeniable advantage: dogecoin coins bear the dog’s likeness. A lot of wow.
To sum up: it’s worth photographing your dogs, spiders, turtles and other pets more often. Who knows, maybe one day your pet will become a symbol of some new cryptocurrency. His photo may even fly to the Moon.