Taking things a touch more degen from gambling on meme coins and PFP projects, Solana-based Hxro Network has announced the launch of Bitblox Games. The studio will look to tap into the nearly $68 billion USD online gambling industry (igaming) and provide a variety of on-chain games for both existing and new audiences.

OG degens ? Crypto degens

Bitblox Games has launched a studio to bring crypto gaming to the $67.9B online gambling industry, with all games being built exclusively on Hxro Network’s core protocols.

Welcome to #HxroNation ✖️✖️

Learn more: https://t.co/ylM0hvlHeB pic.twitter.com/xVQ2SI3pmh

— Hxro (✖️,✖️) (@HxroNetwork) May 4, 2023

“On-chain gaming is a surprisingly underserved subset of the multibillion-dollar global igaming market,” said Hxro co-founder Dan Gunsberg, adding “Bitblox will bring the online gambling industry into the Web3 era, supporting Hxro Network’s goal to be the world’s largest on-chain source of derivatives and igaming liquidity.”

In order to reduce the risk of those who don’t take the opposite side of the bet and break the age-old adage of “the house always wins,” Biblox will introduce its games in a peer-to-peer format. The goal is to allow players to bet against each other in a variety of fast-paced, skill-based games that expand beyond traditional igaming.

“Bitblox dramatically expands the scope of what igaming can be,” shared Bitblox CEO Brandt Page, “explaining that “blockchain-based gaming provides additional transparency to igaming operators while giving players the ability to bet in new and engaging ways.”

The newly launched igaming studio aims to debut its first offerings to the community later this month at the CasinoBeats Summit 2023 in Malta, May 23 through 25.

In other news, Cryptoys launches on-chain Star Wars digital collectibles in celebration of May the Fourth.