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It turns out that gambling, not buying digital kittens, is one of the most popular applications on the blockchain -- the distributed ledger technology that has been touted as the solution for everything from world hunger to money transfers.

Over a recent 24-hour period, the Fomo3D app attracted more than five times the number of users than CryptoKitties, the game involving breeding cats that famously clogged up the Ethereum network last year. The gambling app, in which contestants try to fleece others via a fictional coin offering, is also lucrative. Players sent more than $40 million on the distributed application since the first version was launched in July, according to the game’s lead designer.

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