>>72305Pretty much. This lets their platform's specialty "Fate Channels" (which are similar to state channels) only require a nearly non-existent cost to start running the games without any further transactions except for placing bets. Pic related does a pretty good job at explaining it's strengths.
As for other projects with potential, it looks like Power Ledger could be a keeper since their chairman is the mayor of a city in Perth, Australia and they'll be showing off at CES in January. Another project I'm not in yet (it won't be out for another few months) and reluctant to mention, but it could genuinely make IOTA redundant. Hints: It's been in the works for years now, there won't be an ICO and it's had a name change during its development. One article on Medium has mentioned it, but kudos if you figure it out.