On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption.
Over the long course of human history, one activity that has followed humanity practically everywhere is gambling. The earliest evidence of human gambling dates back to the Paleolithic era, and it has been present in every major civilization and society since then.
As technology has evolved, so have the ways people gamble. While major gambling hubs such as Las Vegas and Macau still dominate with brick-and-mortar casinos and entertainment, online casinos have exploded in recent years — and many of these websites use cryptocurrency to power their platforms. The largest, Stake, reportedly generated a whopping $2.6 billion in gross revenue in 2022 alone.
On episode 14 of The Agenda podcast, hosts Jonathan DeYoung and Ray Salmond spoke with Zach Bruch, founder and CEO of MyPrize — a crypto casino that recently emerged from stealth and is now open for early access — to better understand how crypto casinos work, where they fit into the broader crypto ecosystem, and how they might be silently onboarding millions of people into Web3.