By Leo, BlockBeats
Decentralized spinach began in the summer of 2018, when FOMO3D Dapp was born and attracted a huge amount of money. After that, decentralized spinach dominated by EOS ushered in a big outbreak, with exponential growth in a short term. At that time, the top 10 daily active users of Dapp were occupied by spinach app. However, in 2019, spinach gradually faded out of the crypto world. Most users entered spinach for the purpose of experience + making money. However, the spinach project, which was dubbed as "decentralized" at that time, seemed to be no different from the traditional spinach project. Decentralized spinach "finally disappeared" in 2019 amid a deep bear market.
By the end of 2022, multiple spinach deals were financed. For example, Frontrunner, a decentralized sports spinach platform, raised $4.75 million, led by Susquehanna; Web3 sports betting platform HotStreak closed A $9 million Series A funding round led by Polychain Capital; Decentralized gaming startup BetDex closed a $21 million seed round led by Paradigm and FTX. Also bear market, these projects after financing also dead voice.
Recently, concept sectors such as LSD, decentralized storage, and ZK have experienced a mini-boom. Frequent activities of the chain such as Arbitrum and Zksync of L 2; With Blur's airdrops and the like, market sentiment has improved and the decentralised spinach project seems to be making a comeback. BlockBeats sorted out the recently popular spinach agreements, most of which are based on Arbitrum network. The following is the introduction of spinach agreements:
Risky. Introduction to lol
Risky.lol is the decentralized spinach protocol on Arbitrum, the leading untrusted casino platform working to create new decentralized stake and gaming standards on Web 3, with the future goal of scaling to all chains.
Risky.lol Highlights
- Decentralization: Its risk stack is entirely dependent on decentralization -- all results and sources are verifiable on the chain.
- Player-owned mode: Casino liquidity consists of positions held by the user, while the dealer reward belongs to the holder in kind.
- Casino Factory: Risky.lol Platform supports any ERC20 tokens stake and bet, based on Uniswap Factory system, Risky.lol will be able to appeal to any community and drive strong sales.
Roadmap and token

Risky.lol has built a good community with DICE V2 Testnet and Frontend V2 Testnet versions, The first quarter of this year will see the launch of V2 Mainnet, Monotoken Pledge, Polytoken Pledge, and its NFT based on its projects.
Risky.lol has DICE as its governance token and 1,000,000 initial supply. DICE (V1 version) was launched on Arbitrum in November last year and is currently traded on Sushi Swap. The upcoming DICE token will be airdropped or claimed at 1:1 by the end of Q1 for DICE (v1) holders.
ZKasino Profile
ZKasino is a decentralized encrypted spinach and casino platform developed by ZigZag Labs. Currently, the main networks supported include BNB Chain, Polygon, Fantom, and zkSync 2.0. Upcoming deployments on Ethereum, Avalanche, and Starknet ensure its multi-chain strategy,
ZKasino highlights
First, ZKasino users do not have to undergo any form of registration, KYC, or anti-money laundering checks, and the decentralized nature means that users can hold their money in custody when they bet on ZKasino, without the need to deposit and apply for withdrawals from third-party wallets.
Second, ZKasino partnered with Chainlink to use Chainlink VRF (Verifiable Random Function), a provably fair and verifiable random number generator (RNG). This technology is essential to the Spinach protocol to ensure that any request is fair, random, and verifiable. And the results will not be changed by any third party, whether developers or users, which is strictly prohibited from manipulating the odds behind the scenes.
Finally, ZKasino's audit was conducted byCertik Execute.
A brief introduction to Arcadeum
Arcadeum is a decentralized casino on Arbitrum, with full on-chain, self-custody and demonstrable casino competitive advantages. Depositors receive losses and pay gains through liquidity pools, which is beneficial to the casino.
Arcadeum highlights
Many off-chain spinach platforms claim to use vague encryption certificates to verify the randomness of spinach, but in fact many have potential "backdoors", in fact, it is impossible to know the exact odds and the dealer's margin. With this in mind, Arcadeum implemented the difficult problem of spinach fairness by adopting API3 as its third-party RNG provider, a cheaper and faster alternative to Chainlink VRF that utilizes quantum random number generation (QRNG), which is faster and doesn't go against decentralization.
Token
Arcadeum's basic utility token is ARC, ARC's fixed total supply is 10,000,000, and can not be issued again, although ARC can bridge to other chains, but currently its function can only be used on Arbitrum, Currently its "official" and largest liquidity pool is the Uniswap V3 ARC/WETH 0.3% Pool on Arbitrum One, Arcadeum has also launched an ALP token following GMX's GLP, Alps are available through USDT mint, It can also be redeemed as USDT.
The ARC token economy draws inspiration from Curve and GMX, and ARC's three derivatives are sARC, xARC, and esARC. sARC takes 15% of the agreed fee for staked ARC; xARC for burnt ARC, inspired by Curve, means that when an ARC is converted to xARC it is irreversible and the original ARC is destroyed at 70% of the agreed fee; esARC is inspired by esGMX. esARC (Managed ARC) is a managed wrapper around ARC that generates a portion of the protocol revenue. Although not redeemable immediately, each esARC is supported by an ARC token that charges 15% of the protocol fee.
Introduction to JustBet
Just Bet is a decentralized bet protocol on Arbitrum and a provably fair on-chain Casino platform.
JustBet Highlights
Just Bet has a "perfectly good" token economy, and its games rely on blockchain technology to make the results transparent and immutable. Supra Oracles creates randomness in the game and ensures that the payouts are immutable.
Token and roadmap
Just Bet token economy details can be readThis paper; On the road map, Just Bet's progress in Q1 2023 is:
January: Launches an incentive beta network that allows users to test the platform and provide feedback before the mainnet launch
February: Audit is conducted
March: The main JustBet website goes live, allowing users to place bets and earn rewards using real tokens.
And then: New games will be released every two weeks, providing users with an ever-evolving and exciting gambling experience. New games include, but are not limited to, Degen Perp (500x, 1000x long, short), multiplayer Roulette, Sic Bo, Keno, Mines, horse racing, electric poker, Baccarat and more.
In the future, Just Bet will be deployed on Optimism and zkSync.
About Arbi Roul
Arbi Roul is Arbitrum's crypto game platform, featuring traditional spinach Roulette, ports betting, blackjack, slots and more. The platform ensures that games are fair and transparent through on-chain recording, which players can verify on the chain.
Arbi Roul highlights
对于用户来说,Arbi Roul 有着简单快速的 UI 界面,保证了交易的快速和准确,避免欺诈或黑客攻击。推出了可定制的 bet 限额和各个级别玩家的 bet 玩法。其激励机制是通过推荐链接的方式实现,加深用户对 Arbi Roul 的忠诚度,其 Roulette 有着固定的赔率和 R.O.I(投资回报率)。
Token and roadmap
The token of Arbi Roul is ROUL and the total supply is 3,000,000. ROUL allows users to receive a corresponding discount on ArbiRoul mint NFT, helping to achieve token deflation purposes (in the current version, total 1111 NFT has been fully mint).
In the next phase, Arbi Roul will release Roulette DApp V2, which optimizes the performance and bet time of the app, and its High Roulers series NFT will also be released in the new Dapp.
An introduction to Pepe's Game
Pepe's Game, Arbitrum's decentralized spinach platform, hasn't announced its beta or main app yet, but the company announced that it will be making its DC available soon.
Pepe's Game highlights
Pepe's Game hasn't revealed much yet, but its UI seems gorgeous and intuitive.

Both in terms of experience and logic, the current spinach agreement has a more perfect application, system and roadmap than the spinach Dapp in 2018, and some agreements have a very large community, just as Arbitrum's popularity will not be a flash in the pan, Arbitrum backed spinach agreements also have plenty of time to make better improvements and publicity.
For users, crypto spinach is always a field with a "grey background", and the ups and downs of gambler's mentality are not desirable, but DeFi and spinach can theoretically achieve each other, everything is based on the user.
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