Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: CryptoDanB on March 02, 2018, 02:48:31 PM



Title: Daily Fantasy Sports and Gambling Tokens
Post by: CryptoDanB on March 02, 2018, 02:48:31 PM
I am new to crypto and I'm interested in getting involved with one or two of the Daily Fantasy Sports (DFS)/Gambling tokens that appeal to me. However I'm trying to get my head round how it would work.

If the token you purchase is used to bet on these sites then do you think this means the price of the token will keep going up because people will be buying it to gamble with? Is there a risk that as the price goes up people will hodl the token and therefore not use the gambling platform which will then have an affect on the token price.

I'm just wondering if anybody has any thoughts about how it would work or if there are any real life examples out there.