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Esports and Virtual Sports: How Are They Different?

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Esports and Virtual Sports How Are They Different

With the COVID-19 pandemic, many traditional sports bettors have started to look for other alternatives, namely esports and virtual sports.

To novices, esports and virtual sports might seem like the same thing, but there are many different features that set these two apart. We will be explaining what particularities esports and virtual sports have in order to help bettors decide which type of sports is more suited for their betting style.

What Are Esports?

Esports define the concept of gaming seen as a sport, where professional video game players compete in tournaments for prizes. Such competitions are basically a video game in which real players fight with each other.

While there are several video games that have traditional sports, such as football (FIFA), the most popular genres are multiplayer online battle arenas (MOBA), such as DOTA II, and first-person shooter games like Fortnite, Call of Duty, and Counter-Strike.

Betting on Esports involves betting on a team or individual player, either during the tournament, league, or match. Like traditional sports, you can place bets while the game is live, and you can also watch the live streams of big events, just like football.

Since the pandemic caused many traditional sports games to be canceled, many have shifted their interest towards esports, as these types of matches can be carried out exclusively online.

What Are Virtual Sports?

Virtual sports are virtual simulations of real-world, popular sports and do not involve any real action, as the outcomes are generated by computer-based sequences through the use of a Random Number Generator (RNG) software.

There are plenty of virtual sports based on “normal” sports betting, but the most popular seem to be horse racing and football. As these games use RNGs, betting on them is more similar to playing at an online casino than on a sportsbook. Instead of betting on the spin of a slot, you bet on a horse, a football team, or a racing car. Esports betting is more similar to real-sports betting, as the principle is largely the same.

The RNG software determines which player or team will win based on their odds, and their chance of winning in proportion to the odds is identical.

Virtual sports have been around for a long time, but because of the limited number of traditional sporting events, this type of betting has seen a resurgence, as bettors were seeking sports options during the pandemic.

Pros and Cons of Esports vs Virtual Sports

Both types of sports have their pros and cons when it comes to betting:

  • Esports are more entertaining for video game fans, so you can understand the odds for such matches better;
  • Virtual sports are easier to understand by traditional sports fans;
  • When it comes to betting, Esports betting has the same mechanism that is applied to traditional sports betting, as you wager on the outcome of real-life events, even though they are happening online;
  • Virtual sports betting is more like casino gambling, as the outcomes are generated at random, like with slots;
  • You can bet on virtual sports whenever you want, as they are streamed non-stop;
  • Esports events are played frequently, but not like virtual sports.

Whether you are into virtual sports betting or esports betting, the 1xBit online crypto sportsbook offers plenty of events for both. Here you can find games such as DOTA II, StarCraft, Overwatch, Rainbow 6, PUBG, Fortnite, and CS:GO, as well as virtual versions of football, racing, tennis, cockfights, and many others.

1xBit features a wide line on all bets, having a variety of bids for sports events, with over 20 betting variations per event, including Double Chance, Handicap, Correct Score, and many more. At 1xBit, you can find the best odds in the crypto sportsbook industry.

Registering on the platform is simple and requires only one click. No email or personal information has to be submitted, as the site automatically generates an account number and password. This, combined with the exclusive use of cryptocurrencies as payment, make 1xBit a fully anonymous sportsbook.

Users can fund their multi-currency accounts as soon as they create it, and they can start placing bets on their favorite esport or virtual sport without any worries.

1xBit supports the deposit and withdrawal of over 20 different cryptos, including Bitcoin, Ethereum, and Litecoin. Payouts are executed quickly, and there are no transaction fees on 1xBit’s part, as all transactions are based on crypto.

New users can take advantage of a welcome bonus of 7 BTC that is given throughout the course of their first four deposits, where they can claim between 1 and 3 BTC for each deposit.

Come and discover esports and virtual betting on 1xBit and enrich your crypto funds!

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Vitalik Says Fileverse Is Now Stable for Encrypted Collaboration

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Fileverse has officially reached a new level of stability, offering smooth encrypted collaboration after months of improvements — and Ethereum co-founder Vitalik Buterin says he’s now using it confidently for real work. According to Buterin, the platform finally delivers consistent performance across shared documents, comments, and real-time updates, marking a major milestone for decentralized productivity tools.

Buterin shared the update after extended testing, noting that recent bug fixes steadily removed the friction that once limited Fileverse’s usability. His comments also addressed ongoing questions from the crypto and developer community about how far the platform has come and whether it’s ready for broader adoption.

Fileverse Shows Steady, Monthly Improvements

Reflecting on his experience, Buterin said the platform improved month after month as developers resolved key issues. Today, Fileverse is reliable enough that he can share documents, collect comments, and collaborate live without disruptions — a major shift from earlier iterations.

His response came after an X user asked why the project operates so efficiently. Buterin emphasized that more teams in the space work effectively than people think, and that Fileverse benefits from not relying on heavy network effects. This helped redirect the conversation toward how users actually engage with the tool.

No Web3 Background Required — And No Wallet Needed

One of Fileverse’s biggest advantages, according to Buterin, is its ability to onboard users seamlessly. He explained that he can send a Fileverse document to anyone — even someone unfamiliar with Fileverse, Ethereum, or Web3 — and they can comment immediately.

The platform handles encryption and decentralized infrastructure behind the scenes, avoiding the need for wallets, tokens, or blockchain interactions. This design gives users a simple, familiar experience while preserving strong security, dramatically lowering the barrier to entry for privacy-focused collaboration.

Developers Praise Broader Decentralized Coordination

Developers who follow decentralized collaboration tools highlighted that Fileverse isn’t just about encrypted documents. They noted that the platform enables distributed coordination without relying on centralized servers, supporting both human and automated workflows that operate without fixed control points.

Buterin added that Fileverse’s progress demonstrates what’s possible when teams build tools for real use cases instead of speculation. The broader challenge, he said, is creating more decentralized services that solve everyday problems and support meaningful work.

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Solomon Labs (SOLO): A New Approach to Yield-Generating Stablecoins on Solana

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Solomon Labs is introducing a new direction for stablecoins by designing a system where digital dollars can earn yield while maintaining a stable value. Built on the Solana blockchain, the project aims to create a more productive form of digital cash by integrating automated yield strategies into a stable and composable token ecosystem.

A Stablecoin Designed to Earn

Unlike traditional stablecoins that simply hold their peg, Solomon Labs is developing a model that allows its primary stable asset to generate returns without rebasing or changing its supply. The idea is straightforward: give users a stable, dollar-pegged token that behaves like cash while quietly accumulating yield in the background.

This approach is designed for users who want dependable value but don’t want their capital sitting idle. Solomon Labs blends stability with passive growth, positioning its stablecoin system as a modern alternative to low-yield financial products.

The Multi-Token Model Behind the Project

At the center of Solomon’s ecosystem is a non-rebase stablecoin meant to stay firmly pegged to one dollar. Alongside it is a staked version of the stablecoin that accumulates yield over time. This structure allows users to choose whether they prefer maximum liquidity or enhanced returns.

By combining neutral asset exposure with automated yield strategies, Solomon Labs aims to provide a balanced environment suitable for both conservative users and more yield-focused participants.

The SOLO Token and Ecosystem Growth

To support its infrastructure, Solomon Labs introduced the SOLO token, which plays a role in governance, ecosystem incentives, and liquidity development. The project has gained early attention within the Solana community due to its clear focus on stability, sustainability, and real utility.

As more decentralized applications seek stable, productive assets, Solomon Labs positions itself as a potential building block for lending markets, payments, and on-chain treasury systems.

Why Solomon Labs Stands Out

Solomon Labs is tackling a familiar problem: stablecoins are widely used but financially inactive. By allowing stable assets to earn yield while remaining composable across DeFi, the project brings a new layer of utility to one of the most adopted categories of digital assets.

With a focus on safety, predictable value, and passive growth, Solomon Labs is aiming to redefine what stablecoins can offer to both users and developers.

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Paystream (PAYS): A New Peer-to-Peer Lending Engine Built for the Solana Era

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Paystream (PAYS) is emerging as one of the newest DeFi protocols aiming to reshape how lending and liquidity work on the Solana blockchain. Instead of relying solely on large pooled liquidity models, Paystream introduces a direct peer-to-peer lending system designed to deliver better rates, higher capital efficiency, and a more dynamic experience for both lenders and borrowers.

A Smarter Way to Lend in DeFi

Traditional lending protocols match borrowers and lenders using interest-rate curves, which often leave capital idle and yields inconsistent. Paystream attempts to fix that by directly pairing lenders with borrowers at optimized market rates. This peer-to-peer engine focuses on reducing the gap between what lenders earn and what borrowers pay, creating a more efficient lending environment.

The project’s goal is to make DeFi lending feel more streamlined, more consistent, and more aligned with real demand rather than algorithmic guesswork.

Leveraged Liquidity Provisioning Adds More Earning Potential

One of Paystream’s standout features is its ability to automatically route unused funds into leveraged liquidity positions across major Solana AMMs. This prevents capital from sitting idle and allows depositors to continue generating yield even when no direct lending match is available.

This dynamic approach blends lending opportunities with liquidity-providing strategies, aiming to deliver smoother and more predictable returns for users.

Designed for Solana’s Speed and Scale

Solana’s architecture makes it possible for Paystream to operate with fast, low-cost transactions — a critical factor for real-time matching between lenders and borrowers. The network’s high throughput helps Paystream’s routing engine quickly deploy and shift capital without slowing down the user experience.

The Market View

Paystream is still early in its lifecycle, but it has started gaining attention through tracking platforms and its community. With the PAYS token circulating on Solana and powering the protocol’s ecosystem, interest continues to grow around how Paystream’s model could expand as borrowing and liquidity activity increases.

As the broader DeFi market evolves, Paystream’s hybrid approach — combining peer-to-peer matching with leveraged liquidity strategies — positions it as a protocol to watch.

Why Paystream Stands Out

  • Direct matching between lenders and borrowers
  • Continuous yield generation through fallback liquidity routing
  • Built on Solana for speed and efficiency
  • A design focused on maximizing capital productivity
  • Aiming to bridge gaps left by traditional AMM-based lending systems

Paystream represents the next iteration of DeFi lending, where idle capital is minimized, opportunities are maximized, and blockchain performance is fully leveraged.

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