According to Leo Twin, CEO and founder of GamblersPro.com, 2021 is the midway point of the traditional 4-year Bitcoin cycle and we are about to witness online cryptocurrency gambling enter the mainstream. The online gambling affiliate is about to make a big statement in the cryptocurrency world and with online gambling being one of the first industries to truly accept cryptocurrencies, it makes sense to make the move now.

If there is one thing online casino players cannot stand, it is delays with deposits and withdrawals. Everyone will win and lose when playing casino games, that is accepted, but what is not acceptable is delays when making payments. Twin believes the continued development of cryptocurrency casinos is the way forward. We have already witnessed many iGaming affiliates benefiting from the Bitcoin boom and Bitcoin Sportsbooks, and Twin is about to capitalise on the next phase of online cryptocurrency gambling.

Speaking about his business, Twin said, “We’ve been building out our mining infrastructure and accumulating promising crypto tokens over the past few years. During the bear market, increasing numbers of people counted crypto out. We did not. We bought lots of mining equipment, connected with investors with a long-term vision, and have been steadily accumulating tokens that we think will do well. The recent price boom has allowed us to book the profits needed to fulfill our long-term vision in this burgeoning industry.”

Gamblers Pro have been busy investing in a new mining facility in an undisclosed location but funds have also been invested in blockchain-based crypto casino apps. Twin believes we are about to see cryptocurrency casinos challenge the big online betting brands in the near future, partly thanks to Ethereum 2.0 and the upcoming Cardano main net launch. If that becomes reality, we are in for an exciting few years in the online casino industry.

However, Twin thinks it is going to be a long term project, spanning a couple of decades. “Ultimately, this will play out over 20 years”, says Twin, “It will take a generation before the full effects of this become apparent, but we intend to be one of the main beneficiaries by proving cutting-edge crypto casino games and developing casino Dapps on both the Ethereum and Cardano blockchains. After a careful analysis and endless meetings with investors, we’ve identified these two as the likely big winners in the future.”

The initial plan is to create 10 new cryptocurrency casinos, using funds raised from investors plus the profits from the meteoric Bitcoin recovery.

One of the main reasons why Twin has chosen Cardano as the main blockchain on which to focus is due to the technical difficulty of using blockchain for the average person. If cryptocurrency casinos are to take off in the mainstream online gambling world, they are going to have to easily accessible and that is where Cardano comes into play. The current available blockchains such as Ethereum and Tron can be too complex for the casual user and that must change if cryptocurrency casinos are to challenge the likes of Bet365 and Casino.com in the future.