Historical Overview

The origination and history of games are on the same track with that of humanity. Various Games have always been at the core of every culture and society by being the oldest and most common way of entertainment and interaction. This idea can be traced back to the cavemen.

During the ancient times, when people instinctively had the desire to play games and used all the resources and creativity to improvise, the boom of the “ancient gaming industry” -DICE- came to prove that human beings were creative enough right from the very beginning. The oldest known dice, excavated in Egypt, was created from the Talus Bone-group of foot bone of the ankle joint. Yes! Our ancestors were that much eager to play.

Game pieces were made with the ankle of sheep or goat. Source.

Cards also aren’t as new as we think. It is believed that cards were played in China in the 9th century. At first, cards illustrated human forms, but after becoming popular throughout Europe, figures representing Queens and Kings started to appear on them. Wayyy back in those days, where people could only dream about the internet, TV or other ways of non-active leisure time, cards were one of the most popular ways to spend time with friends, guests or acquaintances.

Early Anglo_french Cards. Source.

Throughout time, as gambling started to become popular among the masses, it also became more stable, organized and regulated.

The very first casinos opened their doors in Italy in the 17th century. With these establishments, Italy, particularly Venice, controlled the gambling environment and served as an initiator for the continent to start running casinos or gambling houses.

The early settlers of the US brought games like Roulette from France and Spain. Mississippi was the venue for wealthy farmers and traders to gamble. Poker, being originated in Persia, became wildly popular in New Orlean in the 19th century. Since an integral part of human nature is to seize every opportunity and stay open to trying something new, the gambling industry had no other choice than to develop and move forward. And so, the first gambling machine was invented in New York, which was followed by the first video slot.

US early casinos, where people gathered to gamble, socialize and enjoy entertainment. Source.

The first online casinos originated in 1994 when the fully functional gambling software was developed by Microgaming. The process of issuing gaming licenses to many of the world’s casinos aimed at improving the services of such institutions and promoting the fairness and transparency of the gambling experience. Gambling in the 20th century wasn’t the same as it was with ankle bones. Manipulations and cheating grew, as more players wanted to win and succeed. But who wants the game of chance to be unfair?

The Internet Gambling Prohibition Act, introduced in 1999, claimed that any offer of any online gambling product is considered to be illegal. It did not pass. Moreover, soon after this, the first live dealer casinos appeared in 2003, creating the virtual world of casinos.

Later, the technological advancements brought new opportunities for the new generations. Research shows that younger players use their desktops less and prefer to play their favorite games with handheld devices. This shift in usage is especially visible for gaming website companies. Thus, the mobile gaming industry joined the bandwagon. Mobile devices are especially convenient for those who enjoy playing on the move. Furthermore, the operators have noticed that the possible interaction between the social network and gaming is really appreciated by the players.

The beginning of the 21st century.

2009: Satoshi Nakamoto develops version 0.1 of Bitcoin.

2015: Ethereum is released.

These events start a whole new era in gaming history.

Does history repeat, or it just rhymes?

Ankle bones are replaced by blockchain nodes. The irony is, we consider the games with ankle bones primitive, but a real innovation of ancient times. Nowadays, experts are convinced that blockchain technology is the greatest innovation of the century, but on the other hand, blockchain-based games are in their nascent and primitive state.

Anyway, with decentralized blockchain technology, our ambitions to create, play and share games will be enormous in the future. But instead of Talus Bone, the blockchain-based games will be built on decentralized solutions like Fasttoken.

Wait a minute; you haven’t ever heard about blockchain? Read this extract or skip it if blockchain isn’t new for you.

The blockchain protocol is a cryptographically secure system of messaging and recording in a shared database. This system enables the reliable record of transactions, their verifications and confirmations without the need for a central system administration. The blockchain itself is managed in a network of blockchain nodes, which creates consensus about the state of the current blockchain and about which node is permitted to add the next new block to the chain. The transactions can be seen by anyone in the network and anyone can take part in mining, which is the transaction verification process. Thus, the blockchain is effectively a distributed database, meaning that there is no single authority to approve/decline transactions.

So where have we stopped? Blockchain-based gaming! Right!

I played World of Warcraft during 2007–2010, but one day Blizzard removed the damage component from my beloved warlock’s Siphon Life spell. I cried myself to sleep, and on that day I realized what horrors centralized services could bring. I soon decided to quit.

Vitalik Buterin, Creator of Ethereum

What benefits do blockchain-based games have?

Transparency — All the gaming process, outcomes, fund distributions, deposits, are recorded on the blockchain and controlled solely by the smart contracts.

Provably Fair Gaming — Blockchain-based games can always be audited for fairness by anyone with enough technical skills, at any point in time. There is no cheating, no manipulation or malfeasance.

Decentralized Control — The player’s funds never end up on the casino’s wallet. The casino’s funds are transparently stored in a bankroll. The smart contract controls all fund distributions.

Fasttoken is one of the initiators who has a desire to create a solution, which will serve as a unique platform for players to enjoy their favorite games in a fair and transparent environment. Our technology allows both to convert existing centralized slots and link them to the blockchain to promote provably fair gambling and create blockchain-based slots from scratch.

Being highly focused on innovations and constantly pushing for conquering new frontiers, we want to reimagine the gaming industry by providing 100 percent transparency, safety, and fairness with the help of blockchain technology.

Armen Chakhoyan, Head of Project at Fasttoken

Here are some of the sneak-peak teasers of Fasttoken games we are working on right now.

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Viking Treasures Adventures
OGWIL — Online Guaranteed Winnings Instant Lottery

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