# Problems

### Increasing demand for P2E opportunities

In the coming decade, the billion-dollar video gaming business is predicted to grow significantly. The lines separating gaming as a pastime from gaming as a business have already started to fuzee. But there aren't many video games available right now that provide players an opportunity to make a respectable living. In our opinion, there is a huge market opportunity for video games with play-to-earn elements.

### Lack of digitization in animal racing industry

Racing, be it for cars or animals is a highly anticipated sport worldwide. It is also anticipated that **animal** racing would overtake football as the global market leader in the sports sector. As this sport is favored in different parts of the world. However, their are significant loop holes in the structure of this sport. Therefore, the audience responded favorably to earlier attempts to digitize animal racing. However, there is widespread agreement that the animal racing industry needs to move even deeper into the digital world in order to keep up with other spectator sports. The animal racing market is in dire need of being digitalized.

### Slow and expensive transaction system

Transactions in video games based on fiat currency are extremely slow. Players frequently experience lengthy verification procedures before being allowed to wager on the platform after having to wait for a long period of time for a deposit to get through their bank. It is fairly unusual for players to have to wait several days for their purchased assets to show up in the game. Additionally, due to currency exchange, transactions on a platform with a foreign base are quite expensive for players.

