Market Opportunity
Industry Overview
The online gambling industry is experiencing rapid growth, fueled by digital innovation and increasing user demand for fair and transparent platforms. Zero Edge is positioned at the intersection of blockchain technology and online betting, tapping into a multi-billion-dollar market with strong on-chain adoption trends.
$63 Billion Market Size:
The global online gambling market is projected to reach $63 billion in revenue in 2024 (Statista).
With increasing smartphone penetration, digital payment solutions, and regulatory changes, the industry continues to expand at a significant pace.
290% Year-over-Year Growth in On-Chain Gambling:
Blockchain-based gambling platforms are witnessing an explosive 290% YoY growth in transaction volume, according to DappRadar (2024).
The shift toward decentralized gaming is being driven by users seeking transparency, fairness, and self-custody of funds.
Target Audience
Zero Edge is built for a broad audience, encompassing both crypto-native gamblers and traditional players looking for a more transparent and provably fair alternative to centralized betting platforms.
Crypto-Native Gamblers:
A CoinGecko survey reveals that 82% of crypto users prioritize transparency in online gaming.
ZeroEdge's provably fair mechanics and decentralized infrastructure directly address this demand.
Traditional Gamblers:
A DappRadar study shows that 72% of traditional gamblers distrust centralized platforms, citing issues such as rigged odds, hidden fees, and withdrawal restrictions.
By eliminating the house edge and providing on-chain verifiability, ZeroEdge offers an attractive alternative to these users.
Growth Drivers
Several macro trends are fueling the rapid expansion of Web3 gambling, creating strong tailwinds for Zero Edge's adoption.
Web3 Adoption & Crypto Growth:
The total number of crypto users is expected to surpass 45 million in 2024, according to TripleA.
This growing user base is actively exploring decentralized applications, including gaming and betting platforms.
Sonic’s Ecosystem Growth:
Sonic L1 is experiencing surging total value locked (TVL) growth, up +320% QoQ, as more projects and users onboard.
With its gasless transactions and high-speed infrastructure, Sonic provides the perfect foundation for scalable, seamless, and cost-effective on-chain gaming.
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