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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: yazher on August 09, 2021, 12:58:54 AM



Title: Are NFT games also another way to gamble your money?
Post by: yazher on August 09, 2021, 12:58:54 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Obito on August 09, 2021, 01:19:32 AM
If it's based on your items or something and an added modified rock, paper, scisslrs RNG then I could probably say that it's going to be considered a gambling and also, Cryptoblades is a bit more of a gambling than most although you can always up your chances of winning when you have a good weapon and character.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Wexnident on August 09, 2021, 01:24:44 AM
Well, it's like an investment but with rng elements, basically close to how investments get returned to you depending on how the stock or coin actually develops (former is based on rng luck coded AND how well the game does, latter is based on how well it does). I wouldn't really call them a gamble tbh. It's closer to an investment imho, and besides, it'd actually earn more in the short term since most nft games are play to earn. They basically return a set amount of profit every month, unlike investment which is pretty stagnant most of the time.


Title: Re: Are NFT games also another way to gamble your money?
Post by: cabron on August 09, 2021, 01:33:41 AM

If you could lose money from it, it's a way of gambling. But then there is a new trend for it which could trick your brain into seeing it as NFT and NFTs are stores of value. I have not played any of these games but would like to if I just have some time.

What is the difference between these games compare to the Axie? I believe they are all the same since they do have tokens too.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ralle14 on August 09, 2021, 01:40:11 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?
That depends on the game you're playing since not all of them are in the same position as the others where there's less risk and yes they're definitely a gamble since you're relying on the exchange rate to stabilize until you get back the money you've spent from the start.

For those who plan on investing it's better to understand the risks first, as long as you can afford the money you've spent then it doesn't hurt to invest no matter how late you are compared to the others since that type of situation is kind of similar to how we invest in crypto.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Darker45 on August 09, 2021, 02:21:18 AM
This is also gambling in its broader sense. You still shell out money, take the risks, and wait whether your money will grow or not. But I guess this is not the kind of gambling when we speak of gambling as in placing a wager on a particular sports event or on a certain casino game in which the results would only either be you win or you lose.

The kind of gambling you refer to in playing these NFT games could be more likened to investing on a certain coin. You spend money, take the risk, and wait whether the coin's value will appreciate and you will make profit or not and you will have a loss. This is basically the same with the NFT games that you mentioned.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Maus0728 on August 09, 2021, 04:59:16 AM
To answer your question, yes.

NFT gaming has no difference to the games offered by these casinos. You are putting your resources (time and money) at risk in the hopes of winning back your money, with the exception that the ROI is considerably longer than with casino games.

Also, the "gambling" aspect  is the uncertainty of whether they are sustainable enough in the long run or not. In fact, the possibility of losing your money could be the downfall of the game itself or the token right after you've put your money on the line.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ethereumhunter on August 09, 2021, 05:15:18 AM
That will depend on the game because if the games offers you to invest inside the games to earn something, maybe that is not a gambling. But if they offers to spin the fortune wheels using some units, then that will be a hiding gambling as not many people will think that is not a gambling. Besides that, people will not think about gambling or no if they really enjoy the games and they consider to play more because they can feel excited to grow their level. Sometimes, we did not realize if that game is related to gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Maus0728 on August 09, 2021, 05:32:48 AM
That will depend on the game because if the games offers you to invest inside the games to earn something, maybe that is not a gambling.
Not until you realize that the game you've invested in is a scam, or that they've committed a rug pull on their investors after milking them because they're a bunch of money-hungry assholes. This is why the notion "Invest with what you can afford to lose"  is still something that need to be considered.

Paying for a game that guarantees a return but requires a lot of time can also be considered as gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: kotajikikox on August 09, 2021, 05:38:58 AM
Actually the Idea of we need to spend money before playing is already a way of gambling mate because there are tons of free games in internet that we can enjoy without spending even a single buck but these games obliging us from buying or paying just to start the game in which not my type as a gamer in past.
maybe the longest i can engage in this game if given a  chance to play free like what Axie's scholar does.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Hippocrypto on August 09, 2021, 05:50:13 AM
That will depend on the game because if the games offers you to invest inside the games to earn something, maybe that is not a gambling.
Not until you realize that the game you've invested in is a scam, or that they've committed a rug pull on their investors after milking them because they're a bunch of money-hungry assholes. This is why the notion "Invest with what you can afford to lose"  is still something that need to be considered.

Paying for a game that guarantees a return but requires a lot of time can also be considered as gambling.

What we have in life right now is more like gambling, you don't know what exactly will the outcome is so you're risking over an investment or any type of gambling. Worst cases only come after when you find something bad, then scam accusations will be arising. Our game that's been tackled was the reality of life, and in everyday lives we're facing different uncertainty.


Title: Re: Are NFT games also another way to gamble your money?
Post by: goaldigger on August 09, 2021, 06:19:29 AM
These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
We are investing to get more profit and its normal to think when will be the ROI if you are going to invest on that NFT games.
I don't know what's connection with this one to gambling but if the game tells you to risk something before you win, then that is more about gambling but if you are just going to invest and play the game like on AXIE, I don't see that one as gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: finaleshot2016 on August 09, 2021, 07:25:31 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png
ROI in splinterlands is easy to achieve, and I don't consider it gambling based on my experience, because most NFT games guarantee that it will bring your initials, but it depends on how many days, weeks, or months it will take. However, in my experience with Splinterlands, I have already gained 3x 2000 dec in daily quest, which means that I have already gained on that game, and I also have some gold foil cards and epic cards that I have yet to sell because I want to use them as power to rank up in the game. Also, buying NFTs is similar to purchasing a toy or a game and having access to the game and its rewards, so I don't consider it gambling.

NFT games will ensure that your money is returned after many times of playing. IMO, the only gambling here is if the situation becomes shady, such as devs not updating the game or people losing interest in the game, which causes people to dump the coin, there's a risk on that part.

And take note that: When you lose a game in NFT games, you have nothing to lose, so I don't consider it a gambling game because there's no risk included.


Title: Re: Are NFT games also another way to gamble your money?
Post by: robelneo on August 09, 2021, 08:03:37 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?



Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

Of the three I invested $200 here on DPET, because of the roadmap, developer's interaction on their community, and of course platform I invested when the price is on a spike, I just want to buy so I can level up while they are developing the whole platform part of their roadmap is they will take out the hatching so you have to buy in the marketplace where the seller is the one that can set up the price so far they are doing good but in terms of ROI, you are right you will have to wait a few more months before you can profit, the work and the platform is on progress, but glad to be here this early.
It will only become a gamble when you put your money and there's so much delay on the platform, so far they are on track.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Jackl87 on August 09, 2021, 09:16:15 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands


Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.


Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.


These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

I also looked into those play-to-earn games recently because i am a pc gamer myself and if there are good games out there where you can earn some money while you doing something that you enjoy then of course this would be an absolute dream scenario for me. Most of those "games" though are no real games as they don't really have much features yet and the features that they have are very simplistic. What you although need to consider is that you already have to invest a high amount of money only that you can start to play those games in most cases. Just take a look at axies infinity which is the biggest and most successful play-to-earn game. You need to own at minimum 3 axies just to be able to start playing the game. At the moment 1 axie costs at least 300$ whcih means you need to invest 900$ to start playing and of course you don't know if the prices drop or increase until you have bred your own axies that you can sell. So those games really are a gamble in my opinion, just like most other investments.


Title: Re: Are NFT games also another way to gamble your money?
Post by: blockman on August 09, 2021, 09:32:09 AM
Gambling and investments have always been considered identical but in reality, they're not the same. Those that you've pointed out are a part of investing and just as gambling, we're all hoping for a quicker return as we have invested because that's all that we want to have once we invest. As for gambling, the connection that you can put with these NFT games are the PvP. You add some twist and flavor upon playing with other players and that is to bet for yourself or anyone who will agree with any amount. You have missed Axie Infinity for which is going to be an e-sports soon so betting is going be likely with it.


Title: Re: Are NFT games also another way to gamble your money?
Post by: avikz on August 09, 2021, 09:42:06 AM
These NFT games are the new trend in the gaming market. There are a lot more games available. But you can't really consider them as traditional gambling. These are like investing in stocks. You buy coin from them, invest it in the game to buy virtual things and sell them at profit. So these are not traditional gambling really. But some certain elements of gambling is present. There is one game in NFT market making news recently so I decided to give it a try. It's a property trading game called Upland. I am sure we will see this trend continues.


Title: Re: Are NFT games also another way to gamble your money?
Post by: peter0425 on August 09, 2021, 09:47:17 AM
These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
We are investing to get more profit and its normal to think when will be the ROI if you are going to invest on that NFT games.
I don't know what's connection with this one to gambling but if the game tells you to risk something before you win, then that is more about gambling but if you are just going to invest and play the game like on AXIE, I don't see that one as gambling.
the connection in gambling is the idea that you are risking your money in such a game, when you are not sure to earn .

and also depend on the game when you can fight with each other and can put bet on it then that can be a gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Bttzed03 on August 09, 2021, 10:00:56 AM
@Darker45 sums it all up. This is about the token volatility and not exactly about the game itself (same old buy high sell low and vice versa).

To be honest, this is not what I had in mind when I read the title. I was expecting the topic to be more about PVP or PVE in each NFT games where players have to stake their weapons/skills in battles.


Title: Re: Are NFT games also another way to gamble your money?
Post by: TheNineClub on August 09, 2021, 10:20:57 AM
I mean, if you look at it that way, all investing is gambling be it crypto, property, gold... But looking at the last game, it might not be a scam, but I wouldn't be surprised if it turned out to be. As the crypto gaming industry is getting bigger, so is the possibility of getting scammed, and buying NFTs for a game that's not even out yet is risky AF and is quite literally a gamble.


Title: Re: Are NFT games also another way to gamble your money?
Post by: bitterguy28 on August 09, 2021, 10:52:30 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

I know the game and this is very addicting lol , and also very cheap to start up and thinking about this can be considered as gambling ? i don't think so because unless you will invest tons of amount then that is the risk and that's how tyou can be called as in gambling.
also if you are just making this for fun then this is not a gambling at all.
I mean, if you look at it that way, all investing is gambling be it crypto, property, gold... But looking at the last game, it might not be a scam, but I wouldn't be surprised if it turned out to be. As the crypto gaming industry is getting bigger, so is the possibility of getting scammed, and buying NFTs for a game that's not even out yet is risky AF and is quite literally a gamble.
wait , but where does the Scam idea comes? there are no mentioned about that matter all over the thread .


Title: Re: Are NFT games also another way to gamble your money?
Post by: AicecreaME on August 09, 2021, 01:51:31 PM
Investment and gambling is different, also the word "gamble" is a very broad word to begin with. I guess the right term to use when you're using your money in an investment is "risking" and not "gambling" your money because you put it in a game to earn money.

The other way to determine the difference between NFT games and gambling is that NFT games assures you to earn money once you started while in gambling, it is the complete opposite.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 09, 2021, 02:17:58 PM
Investment and gambling is different, also the word "gamble" is a very broad word to begin with. I guess the right term to use when you're using your money in an investment is "risking" and not "gambling" your money because you put it in a game to earn money.

The other way to determine the difference between NFT games and gambling is that NFT games assures you to earn money once you started while in gambling, it is the complete opposite.

NFT games who offered Play to Earn set up indeed gives you that opportunities, once you started you'll received  amount of compensation,

while in gambling if luck is not on your side it will going to get the money out from your pocket without
any way to recover it unless you'll try again and put more money on it.

Both have risk but if you think wiser investing with NFT games might have some good edge as hypes really bringing
this assets to the next level inside crypto industry.


Title: Re: Are NFT games also another way to gamble your money?
Post by: zidanw on August 09, 2021, 03:36:01 PM
I'm playing Cryptoblades, but it's not actually gamble but an investment if you lose in a fight you will just lose stamina and you will lose small BNB (Transaction) but if you win you will have profit however the only enemy here is the price of the NFT if the price drops of course the value will also drops the only thing here is that you will able to earn more rather than to lose.


Title: Re: Are NFT games also another way to gamble your money?
Post by: kkaroul4 on August 09, 2021, 04:04:55 PM
Yes we can consider it as a gambling since after we buy their token or invest to that game you will earn, just like what you have said some people bought characters when the price is high and right now the price crash it means that the people was not sure what will happen and that's why it considered as a gamble, it's just my opinion and my view.


Title: Re: Are NFT games also another way to gamble your money?
Post by: el kaka22 on August 09, 2021, 05:14:42 PM
There are so many things involved with NFT games that I do not know how to explain it in just one word. Is there a gambling involved? Sure there is some, is there an investment involved? Sure there is some. Is there gaming involved? Well yeah, it is a game. Basically there are tons of stuff that are involved with this that you have to accept the fact that some parts you may like and some parts you may not like.

For example, there are many games where you pay a simple fee where you get some sort of pack and in that pack you could get something amazing or something very useless, that is gambling, then you put that into work and that is investment, then you play with it and that is gaming. I have to say this idea could grow to be one of the best things ever, but for that to happen we really need it to keep going for a while, more and more new games will come out, and one will be so amazing that it will be bigger than PC games you see on steam.


Title: Re: Are NFT games also another way to gamble your money?
Post by: fiulpro on August 09, 2021, 05:36:57 PM
If it's based on your items or something and an added modified rock, paper, scisslrs RNG then I could probably say that it's going to be considered a gambling and also, Cryptoblades is a bit more of a gambling than most although you can always up your chances of winning when you have a good weapon and character.
At the same time I do think that these games are going to be modified accordingly and there might even be a smaller issue regarding kids trying to use these therefore we might need more strict rules.

NFT games are something really interesting and the new concept is getting accepted slowly all around. Plus there are games like PUBG which already allows players to interact in the chats and allows them to make small tournaments and everyone pays for it.

Investments are sure something that are involved here and players also make teams internationally to win these tournaments.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Sterbens on August 09, 2021, 05:44:17 PM
This is also gambling in its broader sense. You still shell out money, take the risks, and wait whether your money will grow or not. But I guess this is not the kind of gambling when we speak of gambling as in placing a wager on a particular sports event or on a certain casino game in which the results would only either be you win or you lose.

The kind of gambling you refer to in playing these NFT games could be more likened to investing on a certain coin. You spend money, take the risk, and wait whether the coin's value will appreciate and you will make profit or not and you will have a loss. This is basically the same with the NFT games that you mentioned.

I agree if this is categorized under the type of Gambling with a much broader version. Through a rather modern concept because NFT is now very diverse and we can bet on it. Whether it's Axie or a game, of course we don't really recognize it because there are too many games that offer the same thing.
Having a much higher level of risk, buying at that price, then it will become an exhibition event by increasing the price drastically.


Title: Re: Are NFT games also another way to gamble your money?
Post by: TimeTeller on August 09, 2021, 06:04:43 PM
Investment and gambling is different, also the word "gamble" is a very broad word to begin with. I guess the right term to use when you're using your money in an investment is "risking" and not "gambling" your money because you put it in a game to earn money.

The other way to determine the difference between NFT games and gambling is that NFT games assures you to earn money once you started while in gambling, it is the complete opposite.

NFT games who offered Play to Earn set up indeed gives you that opportunities, once you started you'll received  amount of compensation,

while in gambling if luck is not on your side it will going to get the money out from your pocket without
any way to recover it unless you'll try again and put more money on it.

Both have risk but if you think wiser investing with NFT games might have some good edge as hypes really bringing
this assets to the next level inside crypto industry.

As long as you are investing in NFT games that are really worthwhile.
Some of these are just riding the hype of NFT market.
So you should know how to evaluate their real value and not just following the hype.
In this case, you are also gambling your money. Anyway, we are already gambling our money in most of our daily activities.
But it is up to you how you will assess the risk on a specific platform, which is why it is very important to know if they are really worth your time.


Title: Re: Are NFT games also another way to gamble your money?
Post by: uneng on August 09, 2021, 06:17:48 PM
These games are refined hyips (High Yield Investment Programs). When investing in this kind of concept you are always gambling with your money. The problem is that some people don't see it this way, as they believe it's a safe investment. The fact is that games' items are artificially inflated by the money new players make in a daily basis, exactly how a ponzi scheme works. Once the flux of fresh money decreases, these items will lose their values considerably in a way new players won't be able to recover their initial investments.

I say that because in no legit way static browser games like Cryptoblades and Mobox, without any gameplay would have huge demand like we are seeing right now. If you want to avoid the risk look for NFT/Blockchain games which have real gameplay, development, ingame economy, consistent players community.

(It's not the first time hyips use fake games to run their businesses. People who are on the internet for a longer time must know some hyip games which were very popular especially in eastern europe).


Title: Re: Are NFT games also another way to gamble your money?
Post by: Zilon on August 09, 2021, 06:33:25 PM
My biggest fear is the guarantee of refunds of investment if prices drops or goes higher that is to say what ever goes on in the process lies strictly on my own risk. Looking at the second game crypto blades where there is no assurance of refunds then I will bluntly say it's not worth investing in.


Title: Re: Are NFT games also another way to gamble your money?
Post by: crzy on August 09, 2021, 06:41:46 PM
My biggest fear is the guarantee of refunds of investment if prices drops or goes higher that is to say what ever goes on in the process lies strictly on my own risk. Looking at the second game crypto blades where there is no assurance of refunds then I will bluntly say it's not worth investing in.
There’s no assurance for the profit, this is why you only have to invest your extra money. There’s a big issue with cryptoblades especially those who invested on its peak price, now they are still down. Gambling is something that you always do even without any assurance of profit, some NFT games have an assurance to make money everyday but still depends on the market value of that token, NFT games can’t be consider as gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Smartvirus on August 09, 2021, 07:01:38 PM
Wow! There are lots of things that we've come to give value in the crypto space that at times, it feels as though we are doing too much. I don't know but, I really think I might not be looking into the NFT game or gambling as we may have it, anytime soon. It just doesn't add well to me and the interest with NFT gaming could be much more less by the day, looking at the fact that, those who play games more are teenagers. More of the funds resides with the adult forks and they aren't much of a gamer so, how could this really strive I wonder!
What problem or function has this sort of investment plan come to solve? Because in the library run, it's what really matters and could be the thrilling factor beside its idea.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 09, 2021, 07:14:13 PM
My biggest fear is the guarantee of refunds of investment if prices drops or goes higher that is to say what ever goes on in the process lies strictly on my own risk. Looking at the second game crypto blades where there is no assurance of refunds then I will bluntly say it's not worth investing in.
There’s no assurance for the profit, this is why you only have to invest your extra money. There’s a big issue with cryptoblades especially those who invested on its peak price, now they are still down. Gambling is something that you always do even without any assurance of profit, some NFT games have an assurance to make money everyday but still depends on the market value of that token, NFT games can’t be consider as gambling.

Risk is there but use different approach, NFT games is more on investing side while gambling is more on your entertainment or money-making in a quicker turn around.

Both though don't have any assurance that you'll be able to get the best outcomes, that's why it's a must to use spare money, amount that you are willing to let go. Back with NFT and naming cryptoblades indeed those who bought and join this game at the very peak losses a lot of money if they decided to sell their skills. The value crashed and still far from the last time high.


Title: Re: Are NFT games also another way to gamble your money?
Post by: goinmerry on August 09, 2021, 07:24:36 PM
The gambling part is the output. For example in DefiPet, you will buy a pet but the chances of getting a high quality have a probability. It's the same as gambling and relying on RNG to have a good pet. But the difference in actual gambling is, you can still use your buy pet even it's just a common one.

About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: chaser15 on August 09, 2021, 07:35:03 PM
It's not a gamble since we are trying to making it good as possible.

These games should be treated as investments. Making it gambling is a suicide. We should care for the money we used on these NFT games. Risk is always there so we need to find ways to minimize it. It's like buying a good coin and waiting for the right time to sell it. Here in NFT, we will try to make a regular income out of playing these.


Title: Re: Are NFT games also another way to gamble your money?
Post by: kolonel_x on August 09, 2021, 07:43:45 PM
Investment and gambling is different, also the word "gamble" is a very broad word to begin with. I guess the right term to use when you're using your money in an investment is "risking" and not "gambling" your money because you put it in a game to earn money.

The other way to determine the difference between NFT games and gambling is that NFT games assures you to earn money once you started while in gambling, it is the complete opposite.
nft games give us the opportunity to get rewards in diamonds as long as we all play the game as determined by the developer.
indeed for now NFT is becoming a pretty good hype because apart from this it is an easy thing to solve.
different from gambling where this is testing your luck here and the chances are there are only two when you are in gambling namely the first you will win and the second you will lose


Title: Re: Are NFT games also another way to gamble your money?
Post by: nelson4lov on August 09, 2021, 08:05:33 PM
Actually the Idea of we need to spend money before playing is already a way of gambling mate because there are tons of free games in internet that we can enjoy without spending even a single buck but these games obliging us from buying or paying just to start the game in which not my type as a gamer in past.
maybe the longest i can engage in this game if given a  chance to play free like what Axie's scholar does.

Definitely not the first time I've seen people go all in and gamble in games like that by paying outrageous amounts of money in the game in order to win more. I just learnt about what the Axie infinity scholarship program. It's a good initiative especially if certain players won't be able to participate in the main game. I reckon that in the near future, we would see more games like this and people being gamblers would still shell out monies to participate in gambling games like that.


Title: Re: Are NFT games also another way to gamble your money?
Post by: cryptoknightt on August 09, 2021, 08:16:35 PM
If the game relies on luck, of course it is included in gambling. Shouldn't this Nft game be like a mining field to earn? game I mean like "Axie Infinity" https://axieinfinity.com/
and this is the Nft market https://marketplace.axieinfinity.com/. here as users we have to play strategically and this is really different from other Nft games. For me Axie infinity is very good so far. I get a more income than before.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ene1980 on August 09, 2021, 09:39:24 PM
It's not a gamble since we are trying to making it good as possible.

These games should be treated as investments. Making it gambling is a suicide. We should care for the money we used on these NFT games. Risk is always there so we need to find ways to minimize it. It's like buying a good coin and waiting for the right time to sell it. Here in NFT, we will try to make a regular income out of playing these.
How can you ever view playing games even though it is connected to a blockchain as an investment, i am yet to play any games and i am sure you need to connect your wallet just like you do in gambling sites and can start playing. I am not sure about the dividends you are going to earn playing the game but still you cannot view playing games with money as investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: goinmerry on August 09, 2021, 10:21:30 PM
How can you ever view playing games even though it is connected to a blockchain as an investment, i am yet to play any games and i am sure you need to connect your wallet just like you do in gambling sites and can start playing. I am not sure about the dividends you are going to earn playing the game but still you cannot view playing games with money as investment.

There are some NFT games that already with play to earn features that's why it's not the same as gambling but rather an investment.

On the example provided by OP, Defipet for example does have future pay to earn.

Others are now preparing for it by investing money to properly set up their pets. It's not totally gambling since these preparations will be used in the future. No way it won't be profitable but the only question is how long the return of investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: huu78 on August 09, 2021, 10:29:17 PM
Of the 3 games you mentioned are indeed gambling. Many other Nft games of the same nature. They offer bets which i find a little unreasonable. This method of course invites our desire to bet instead of getting a big profit. And reality says differently.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Mahanton on August 09, 2021, 10:53:54 PM
Investment could always be considered as a gamble but this is entirely or literally be different if we do talk about gambling games which means risk would really be in common but somewhat
they do really differ on the intensity or the amount of risk involved.In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are
expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really  be giving worth into your risk taking.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Hamphser on August 09, 2021, 11:18:44 PM
Ranking based on preference.

1.Mydefipet
2.Splinterlands
3.Cryptoblades

Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the  current hyped NFT  games as of this moment.

In talks or mention of gamble then its definitely risky i can say but on those games i had able to reached out ROI in a short span of time which i can say
to be worth it but of course you should be always be aware on  investing on the money that you can afford to lose.


Title: Re: Are NFT games also another way to gamble your money?
Post by: AmoreJaz on August 09, 2021, 11:24:12 PM
The gambling part is the output. For example in DefiPet, you will buy a pet but the chances of getting a high quality have a probability. It's the same as gambling and relying on RNG to have a good pet. But the difference in actual gambling is, you can still use your buy pet even it's just a common one.

About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.

to eliminate the luck factor here, the player should monitor the progress of the platform itself, are they really implementing the tasks promised to its players? are they finding ways how to attract players and increase the value of the characters? because if you will not keep up with their updates, you are just basically relying on your luck.
you need to think also about the longevity of the gaming site. can they withstand the market once the hype is over, like for example, when it comes to NFT? and this kind of question takes time to at least get a substantial answer. as NFT games are just in the initial phase, we can't know yet how the gaming community will approach this in long term


Title: Re: Are NFT games also another way to gamble your money?
Post by: yazher on August 10, 2021, 01:18:13 AM

Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the  current hyped NFT  games as of this moment.


I only posted the games I invested in, I don't have any experience with the Axie infinity so I skipped it.

Anyway, base on your answers, it is definitely a gamble to invest in these games but the risk is low compared to actual online gambling that we have right now but the nature of losing your money when the price of their token fell is still there and there is no guarantee for it to bounce back since it is also inside the crypto market where the volatility is always our partner.

One more thing about Cryptoblade is their chances of battle where the low percentage of winning gives only a little amount of rewards. The moment I saw the percentage of winning the battle, that's when I concluded my thought that this is really gambling. because there is no other definition of when you need to get in the odds in order to take your money back.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ethereumhunter on August 10, 2021, 01:24:45 AM
Of the 3 games you mentioned are indeed gambling. Many other Nft games of the same nature. They offer bets which i find a little unreasonable. This method of course invites our desire to bet instead of getting a big profit. And reality says differently.
I wonder if NFT will be the next phase of the gambling business because if many games in the NFT are related to gambling, that can make the crypto gambling industry grow. The investor will attract to playing the games and gamble with their money but I am not sure if they can get a good return from the project unless they do not want to play the games and only want to use the investment from the NFT. We will see it later once the NFT project achieves all of the phases of the project.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fundamentals Of on August 10, 2021, 02:18:18 AM
Yes, NFT games are becoming a thing for investors and players to gamble their money but this is a different kind of gambling. This is not the typical form of gambling. This is more like investing.

In Axie Infinity for example, you will need a big amount of money to breed, hoping that the baby Axie that will be produced in the end has a high level of purity and would therefore sell big in the market. But there is also the risk of having an offspring with low purity percentage.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Xinarae* on August 10, 2021, 02:54:29 AM
NFT games are another way to gamble it's usually a slightly different type of gambling occurs through investment. Most gamers will buy the game and play some parts towards the end and some people will complete the whole content there will be a dedicated subset for which gambling becomes a social environment, where digital work is marked by status and wealth. NFTs were currently the only profitable thing in etherium during the cryptocurrency to end the game and trade heavy discount tokens you travel well in this direction it will take you higher risks.


Title: Re: Are NFT games also another way to gamble your money?
Post by: peter0425 on August 10, 2021, 03:16:13 AM
even if this is gambling or not yet i don't care because i would rather invest my money in crypto than playing these games in which for me are boring and also i have so many things to do than this gaming now.

but about this being gambling or not? yes this is gambling depend in my perspective lol.



Title: Re: Are NFT games also another way to gamble your money?
Post by: LUCKMCFLY on August 10, 2021, 05:18:26 AM
Guys, I have seen that NFT games are what will explode in moving a lot of money due to that trend, I don't know about you, but the money that will move the most will be there, the business model that is taking place is unique, there are many Airdrops, many Oprotunities where many games are emerging.

A simple example is AXIE Infinity, many are investing and are managing to even give scholarships for gamers, I think the business model is very sustainable, because attracting players and investors is a great combination. I think that at least during these 6 months it is a great option to bet money on NFT games because of the trend that is seen.


Title: Re: Are NFT games also another way to gamble your money?
Post by: zidanw on August 10, 2021, 06:25:27 AM
Not really, it's not really. It's different than gambling your money like in casino but the only similarity they have is both are entertaining and both are related in playing/game. Some people already lost in NFT games after investing since the price drop while it can be recovered if the price increase while in gambling if you lose, you'll lose that amount and you can't win it back not unless you will place bet again.


Title: Re: Are NFT games also another way to gamble your money?
Post by: rodskee on August 10, 2021, 06:34:14 AM
Not really, it's not really. It's different than gambling your money like in casino but the only similarity they have is both are entertaining and both are related in playing/game. Some people already lost in NFT games after investing since the price drop while it can be recovered if the price increase while in gambling if you lose, you'll lose that amount and you can't win it back not unless you will place bet again.
but when you are betting against other player? or other account? example me and my friend will bet if whom will attain a certain level each week? this cannot be called gambling ?

all the games created can be gambling mat it is depend on how we treat the game and how we will comply on those.

but if you are just using them for fun then you are literally a self controlled person.


Title: Re: Are NFT games also another way to gamble your money?
Post by: imstillthebest on August 10, 2021, 09:13:14 AM
yes nft games are another way to gamble your money because it requires a capital but it can be more enjoyable than a normal gambling because you are playing a video game .
 first game in your list is cheaper among the two and the other nft games that i know but it looks less fun ? the second one looks like axie because it also expensive to the fact that you need more than one character .
 third one is trendy now but i didnt know that players cant earn yet ? , that was risky  .


Title: Re: Are NFT games also another way to gamble your money?
Post by: Kong Hey Pakboy on August 10, 2021, 09:43:17 AM
Of you're sort of gambling in game then I think that you can probably consider it as a gambling, I am not familiar with any of the games besides Cryptoblades and I think that given the gameplay of Cryptoblades is, I think it's already a gambling.
Isn't Cryptoblades not really a gambling because you can freely choose which one you fight and if your character has an advantage against a fighter  that you choose base on element that they have then your likely to win and I think that it's not really gambling for me.


Title: Re: Are NFT games also another way to gamble your money?
Post by: magneto on August 10, 2021, 11:58:56 AM
Yeah, especially with gas wars and stuff.

If you are not fully prepared and are simply going in blind, there is a good chance that what you are doing constitutes gambling. There is simply no guarantees when it comes to return on capital as these tokens have absolutely no return on capital.

Don't get confused. Recognise gambling as it is - it is super important.


Title: Re: Are NFT games also another way to gamble your money?
Post by: crwth on August 10, 2021, 12:04:32 PM
When I read your title, I thought that it's about gambling on which NFT game would be at the top 1 game, beating Axie Infinity. I think there are only a few competitors in those spaces and one of which is Illuvium. Well, I think with its gameplay, it has potential, and it's a AAA game. Well, it's still speculation.

I think the word "Gambling" is being interchanged with "Risk" making it seem everything is all about ROI. 

Maybe we can make this a type of gamble based on this lol.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Saidasun on August 10, 2021, 12:31:04 PM
even if this is gambling or not yet i don't care because i would rather invest my money in crypto than playing these games in which for me are boring and also i have so many things to do than this gaming now.

but about this being gambling or not? yes this is gambling depend in my perspective lol.


Investing in crypto is gambling do you not understand that? If you are not trading regularly then Bitcoin can be seen as passive income because you are holding the coins instead of trading every day if you are trading every day it is bigger risk and takes a lot of time. NFT gambling is more fun compared to investing in Bitcoin but is not as profitable.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Kittygalore on August 10, 2021, 12:34:08 PM
I only play Axie Infinity so I really don't know if it's considered a gambling, the only part of it that I can think of that it's a gambling is the investment on the teams themselves, you buy them hoping that you can get a return of investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Saidasun on August 10, 2021, 12:35:44 PM
I only play Axie Infinity so I really don't know if it's considered a gambling, the only part of it that I can think of that it's a gambling is the investment on the teams themselves, you buy them hoping that you can get a return of investment.
That is the definition of gambling if you are investing money into a company and expecting a return then that would be gambling because no investment is guaranteed a return. Taxing gambling and investments is different in some countries but the concept is the same.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oasisman on August 10, 2021, 12:49:42 PM
There is a fine line between gambling and investment. Both have their own risk (high risk).
But once you lose in gambling, there's no way you can take back your money but to put more money on the next betting line (another risk).
On the other hand, when your investment declines, you could at least hold it or continue playing until you make profit without adding any more money to your capital investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: boltz on August 10, 2021, 01:29:33 PM
Well if you put it in that way with electricity and time ...I guess nothing may worth our time. Everything costs even in real life so NFT games are not so different but I would not associate them with Gambling as I saw some reviews of those games and I can't see how this is a gamble system.

What I've saw is that Cryptoblade is a new version of Bitefight and Tannoth ...games that I've played like 15 years ago on Browsers but they put it into a blockchain system and to be honest it is catchy and I see it having a long time ( bitefight is still making millions from that game without having a single update in more than 6 years ) so I think cryptoblade will be just fine as long as that Oracle will not kill the economy of the game. Regarding Axie ...it's a bit tricky as you need to own land and oh it's way more complicated than I thought so I will skip this one.


Title: Re: Are NFT games also another way to gamble your money?
Post by: mu_enrico on August 10, 2021, 01:33:25 PM
This topic may be more suitable on the altcoin board, as the mentioned games aren't gambling games. Anyway, in a broad sense, yes, if it involves heavy speculation, it's gambling. However, in a narrow sense, it's not, since speculation like trading NFT and crypto involve skills, not only chance. You can win if you have "a very particular set of skills (https://www.youtube.com/watch?v=jZOywn1qArI)."


Title: Re: Are NFT games also another way to gamble your money?
Post by: molsewid on August 10, 2021, 03:44:46 PM
Anything that has a value and you risk that to try and get more money is a gamble. NFT games are more risky than sports betting because there are more things that can impact the price. You might do everything right and double your in game money but their token might have dumped in the time it took to get there.

Well I guess gambling and investing can be the same in the level of the risks that a gambler or an investor put in it and yeah the characteristics of gambling your money can also be associated with it because the gambler and the investor both take risk their money without any idea when or will their money return or may get profited with it or they will lose it. But in terms NFT games which is now in craze trend which I think it is far from gambling your money because there is an assurance that you may earn a profit though it may takes a month before you could take a profit but the good thing is that you generate money however the factors that may affect the token price like the volatility of the market cannot be set aside.


Title: Re: Are NFT games also another way to gamble your money?
Post by: UmerIdrees on August 10, 2021, 03:52:23 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


First you need to understand that these are the NFT games where you play the game and earn money. You can invest in the game token also and hope it will rise as the NFT games become more popular. Most people invest in NFT games to play and earn regular income. This is completely different from gambling as gambling games are pure luck based but with NFT games, you need a strategy to win the games and level up.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 10, 2021, 04:06:20 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


First you need to understand that these are the NFT games where you play the game and earn money. You can invest in the game token also and hope it will rise as the NFT games become more popular. Most people invest in NFT games to play and earn regular income. This is completely different from gambling as gambling games are pure luck based but with NFT games, you need a strategy to win the games and level up.

NFT games is another type of investment indeed, if you have good knowledge behind the project there's a certain chance that you'll earned decently.

Unlike gambling where you are more on risking your money even you have good  knowledge, shit still can happened along the way.

Your money have a bigger chance of losing than winning, and with Play to earn set up where levelling up is an additional ways to enhance your profits.


Title: Re: Are NFT games also another way to gamble your money?
Post by: perfect999 on August 10, 2021, 06:17:14 PM
I am really interested in learning more about these games, but at the same time I really do not want to spend any money on "games" that I do not actually play that much, I mean yeah it makes sense to buy crusader kings 3, because it is a good game (which you can even download for free from torrent) but this is not a great game like that, it is just a regular game you can play on kongregate or something, the olds flash games, even text based for some of them.

It means that you can spend $50 on it just to give it a try, but if you lose that is a good chunk of my money, that is like 10% of my salary, just for testing a game, I rather buy BNB and put it aside, or get cake and put it on the pool, that is why I am hesitant. If anyone here actually spent a little amount and gambled that away to see if it works could help me understand the logic, I could be a lot more interested.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Hamphser on August 10, 2021, 07:58:02 PM

Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the  current hyped NFT  games as of this moment.


I only posted the games I invested in, I don't have any experience with the Axie infinity so I skipped it.

Anyway, base on your answers, it is definitely a gamble to invest in these games but the risk is low compared to actual online gambling that we have right now but the nature of losing your money when the price of their token fell is still there and there is no guarantee for it to bounce back since it is also inside the crypto market where the volatility is always our partner.

One more thing about Cryptoblade is their chances of battle where the low percentage of winning gives only a little amount of rewards. The moment I saw the percentage of winning the battle, that's when I concluded my thought that this is really gambling. because there is no other definition of when you need to get in the odds in order to take your money back.
I have invested on cryptoblade and buy out my characters and sword when it was still $5 and it did really pay off when it hyped and make out almost $200 a day earning but that one didnt last long since the price

had fluctuated down which it isnt really that surprising as these games arent really that good for long term for now but lets see on what would happen.Thing here is that you do know on how to secure

up your capital and then re-roll the profits  then its not really bad to consider on playing these games but of course that you should be mindful about the risk.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 10, 2021, 08:43:28 PM
There is a fine line between gambling and investment. Both have their own risk (high risk).
But once you lose in gambling, there's no way you can take back your money but to put more money on the next betting line (another risk).
On the other hand, when your investment declines, you could at least hold it or continue playing until you make profit without adding any more money to your capital investment.


That pointed the difference between this two venues, with gambling after you lose there's nothing for you to stay, if you plan to try recovering back your initial capital you need to deposit additional funds and wish for luck to help you, while with investment since NFT games have that part of investment, you can continue holding and playing the game and you still have the same amount of assets even the value had been declined you can continue playing and keep gaining to where you'll be able to recover the value of your investment.

If you are lucky enough, you can earn more when the market favor you and the value pump high.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Mahanton on August 10, 2021, 08:57:33 PM
There is a fine line between gambling and investment. Both have their own risk (high risk).
But once you lose in gambling, there's no way you can take back your money but to put more money on the next betting line (another risk).
On the other hand, when your investment declines, you could at least hold it or continue playing until you make profit without adding any more money to your capital investment.

Its true because you do still have a chance on getting at least a portion of your investment even though you didn't able to hit up ROI but still you do get something and that what differs
them when it comes to risk but of course both are risk and I do agree that theres a fine line between the two and its up to someones choice if ever they would really be tending
to do neither gambling purely or via investment.

NFT games are surely risky because there would be no guarantee for it to go for long term but as long as it runs then you could still have the chance on getting return of investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: blockman on August 10, 2021, 09:07:54 PM
I only play Axie Infinity so I really don't know if it's considered a gambling, the only part of it that I can think of that it's a gambling is the investment on the teams themselves, you buy them hoping that you can get a return of investment.
It's not actually a gamble. We only gamble if there's money that's being bet for each game that we do. Just like the logic in dice and sports betting. The money that we invest to buy Axies is considered as an investment and it will generate us revenue overtime as that's what we do for playing Axie Infinity. Well, esports is at hand and the developers are surely considering this little gamble on the feature but if they don't add it on their platform itself, inside the game. Then they might create a separate platform for that but they still own it.


Title: Re: Are NFT games also another way to gamble your money?
Post by: lienfaye on August 10, 2021, 09:15:04 PM
There is a fine line between gambling and investment. Both have their own risk (high risk).
But once you lose in gambling, there's no way you can take back your money but to put more money on the next betting line (another risk).
On the other hand, when your investment declines, you could at least hold it or continue playing until you make profit without adding any more money to your capital investment.
Thats true, gambling and investment has risk but they're different when it comes to making money. NFT games are popular nowadays because of the opportunity to earn while enjoying the game, having your own strategy as an edge is necessary to have an advantage.

Plus aside from playing, investing on their tokens alone then hold are also profitable if you happen to buy the tokens at low price. So there's an option, its either you just only hold the tokens or play their games as well to maximize your profit.


Title: Re: Are NFT games also another way to gamble your money?
Post by: just_Alice on August 10, 2021, 09:46:36 PM
I think, based on your description, it can be considered gambling. The most popular definitions of gambling are:
Play games of chance for money”. This one, I believe, doesn’t really apply here, because the games themselves aren’t games of chance, right? In those, you can use skills and features in order to advance further.

The other one is “Take risky action in the hope of a desired result”, which is appropriate here. While the game itself is not based on chance, it requires certain investments, and the price of NFTs changes, which makes it risky. Plus, apart from enjoying the game people seek profit here.

So yes, these games are 100% gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: bitterguy28 on August 11, 2021, 01:30:34 AM
I only play Axie Infinity so I really don't know if it's considered a gambling, the only part of it that I can think of that it's a gambling is the investment on the teams themselves, you buy them hoping that you can get a return of investment.
Yes and this does not count as Gambling literally but gamble from our choice of investments in which does not reflect in the game itself.
I think, based on your description, it can be considered gambling. The most popular definitions of gambling are:
Play games of chance for money”. This one, I believe, doesn’t really apply here, because the games themselves aren’t games of chance, right? In those, you can use skills and features in order to advance further.
that is the literal definition if we talks about gambling games that offers to win or lose , but the mentioned games are created to bring fun and enjoyment though it has blended to earn.
Quote
The other one is “Take risky action in the hope of a desired result”, which is appropriate here. While the game itself is not based on chance, it requires certain investments, and the price of NFTs changes, which makes it risky. Plus, apart from enjoying the game people seek profit here.

So yes, these games are 100% gambling.
but yes it is depend on what we believe and how we understand the definition of gambling .


Title: Re: Are NFT games also another way to gamble your money?
Post by: perla on August 11, 2021, 12:18:17 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Cling18 on August 11, 2021, 01:25:45 PM
As for me, yes, I consider it as another way to gamble my money yet I could see a bigger assurance on it rather than the casual gambling that we're used to. It requires skills while we're enjoying at the same time but since it's playing to win games, I could still get my money back while earning a profit at the same time. I find it a better way to enjoy while risking a portion of my gambling funds.


Title: Re: Are NFT games also another way to gamble your money?
Post by: adzino on August 11, 2021, 01:53:59 PM
Looks like it is. And indeed a very risky form of gambling. More like people who get in first, earns the most. Currently those NFT games are the trend. Hence the value is going up with the trend. Highly likely it's going to end badly once the hype is completely over.

If you could lose money from it, it's a way of gambling.

You have invest in tokens. After investing, what if the value drops? You have lost money. What if you don't get "good drops"? You again lost money. Most games are giving you items or drops which depends on your luck. So it is a form of gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: madnessteat on August 11, 2021, 02:04:52 PM
Most crypto games are built in such a way that early players recoup their investment at the expense of those who join the game after them. That's why I wouldn't recommend investing your money if the game has already been running for a few months.


Title: Re: Are NFT games also another way to gamble your money?
Post by: just_Alice on August 11, 2021, 11:54:55 PM
I think, based on your description, it can be considered gambling. The most popular definitions of gambling are:
Play games of chance for money”. This one, I believe, doesn’t really apply here, because the games themselves aren’t games of chance, right? In those, you can use skills and features in order to advance further.

The other one is “Take risky action in the hope of a desired result”, which is appropriate here. While the game itself is not based on chance, it requires certain investments, and the price of NFTs changes, which makes it risky. Plus, apart from enjoying the game people seek profit here.

So yes, these games are 100% gambling.

That is gambling in the strict definition,,, but you can gamble with your life, you can gamble with your career,,, you can definitely see people gambling in stock markets all day if you just see some stock markets, old men and old women watching the screens all day, just like in a casino:)

They consider these things games.
That’s why I gave two. Gambling with life, or in the stock markets, investment, etc. - is making risky decisions for a certain result. These NFT games, as noted by some here, look a lot like investment, but that’s also a type of gambling.

Games and gambling are different though. Not all gambling is a game and not all games are gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: agustina2 on August 12, 2021, 04:09:41 AM
Most crypto games are built in such a way that early players recoup their investment at the expense of those who join the game after them. That's why I wouldn't recommend investing your money if the game has already been running for a few months.

It depends. What if the payment structure is stable even with the volatile market?

What's the difference between this when you buy a coin at peak then suddenly the market crashes. In these games that already built a good foundation, even in a market crash, the return of investment is possible. I think it's even quick to make an ROI here rather than waiting for a coin's price to the moon especially if the coin is not even in the Top 10 of coin's market capitalization.

Of course, there's still a risk as there's no perfect investment. But I can't consider it gambling here in NFT because we will manage it along the way. Although that was only applicable at those stable play to earn games.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Kyraishi on August 12, 2021, 08:22:29 AM
Most crypto games are built in such a way that early players recoup their investment at the expense of those who join the game after them. That's why I wouldn't recommend investing your money if the game has already been running for a few months.

You're absolutely correct about this.

Most NFTs essentially a pyramid scheme that mimics the crash game. People are speculating on how far it will go up and how much the next persons are willing to pay for the same token that has no intrinsic value or hashpower to back it up.

Nothing wrong with this as long as people realise it is gambling - it is not an investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: fortunecrypto on August 12, 2021, 09:19:34 AM
All the three you've mentioned are good NFT and play to earn projects, DPET is in the development stage, you have to spend first and rely on their roadmap for projection of your income, it's a gamble because you are putting out the money in the hope that all the features that they are going to come out will yield you profit, they are Cryptocurrency based projects and we all know how volatile the market is, so only invest what you can afford to lose because this is also considered a gamble.


Title: Re: Are NFT games also another way to gamble your money?
Post by: iv4n on August 12, 2021, 09:53:33 AM
All the three you've mentioned are good NFT and play to earn projects, DPET is in the development stage, you have to spend first and rely on their roadmap for projection of your income, it's a gamble because you are putting out the money in the hope that all the features that they are going to come out will yield you profit, they are Cryptocurrency based projects and we all know how volatile the market is, so only invest what you can afford to lose because this is also considered a gamble.

With NFT you gamble with the price and in the game! As you said, with the hope that playing will yield some profit, but that's is not guaranteed! Also in the volatile market, you can expect big price drops!
I think that NFT games are just at the beginning, I didn't pay too much attention in this early stage, but NFT is definitely something interesting to look into it, and I think we will see many new things in the future!
Gamble or not, always invest what you can afford to lose! It's for fun and entertainment, and when you start investing more than you can afford to lose it can become a serious problem!


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dread Pirate Roberts on August 12, 2021, 11:09:50 PM
Actually the Idea of we need to spend money before playing is already a way of gambling mate because there are tons of free games in internet that we can enjoy without spending even a single buck but these games obliging us from buying or paying just to start the game in which not my type as a gamer
The concept of NFT games that exist today is investment. Even though they are in the form of games, they still claim that it is an investment. surely if the goal is to play games there are many games out there that are much better and no need money to spend at all. but the concept of nft games remains on the basis of investment. and definitely requires capital up front.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Twinkledoe on August 12, 2021, 11:17:13 PM
Actually the Idea of we need to spend money before playing is already a way of gambling mate because there are tons of free games in internet that we can enjoy without spending even a single buck but these games obliging us from buying or paying just to start the game in which not my type as a gamer
The concept of NFT games that exist today is investment. Even though they are in the form of games, they still claim that it is an investment. surely if the goal is to play games there are many games out there that are much better and no need money to spend at all. but the concept of nft games remains on the basis of investment. and definitely requires capital up front.


Like in Axie infinity, if you have no funds to shell out, you can't play, unless you will go to other route like their scholarship or something. But most players of this kind of platform are not only after for the enjoyment of the game but for the potential earnings of course. They are hoping that they will get good profits out of it. The consolation here is that you are enjoying the game while potentially earning some money. A lot of gamers are wasting a lot of time without earning anything, but this kind of game, this is a good opportunity for them. And it will also be a good introduction to gamers who are not yet crypto users. So we are looking at crypto adoption here as well.


Title: Re: Are NFT games also another way to gamble your money?
Post by: boyptc on August 12, 2021, 11:19:53 PM
All the three you've mentioned are good NFT and play to earn projects, DPET is in the development stage, you have to spend first and rely on their roadmap for projection of your income, it's a gamble because you are putting out the money in the hope that all the features that they are going to come out will yield you profit, they are Cryptocurrency based projects and we all know how volatile the market is, so only invest what you can afford to lose because this is also considered a gamble.
I think you're right that description about gambling with those nft projects that haven't set yet some ways of making money.

The money you invest on it seems being gambled because you're only depending on their road map. And the gamble is, what if they don't get into the whole promise that's written on their road map? well, that's just an if situation.

But I think dpet is a good project and perfect example that it's flourishing its way first.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Tegxy on August 13, 2021, 12:14:41 PM

Wow what a list you have there... Sure, NFT games comes with risk just like any other investment in the world. Risk is quite inevitable. You can only try to mitigate it by investing in the right NFT gaming platform once you find it.

Speaking of gaming, my favourite so far is staking saloon season 2, a Seascape Network play-to-earn game. If you are looking for a play to earn game, give it a try...


Title: Re: Are NFT games also another way to gamble your money?
Post by: Qunenin on August 13, 2021, 12:31:26 PM

Wow what a list you have there... Sure, NFT games comes with risk just like any other investment in the world. Risk is quite inevitable. You can only try to mitigate it by investing in the right NFT gaming platform once you find it.

Speaking of gaming, my favourite so far is staking saloon season 2, a Seascape Network play-to-earn game. If you are looking for a play to earn game, give it a try...

If you compare NFT with DEFI i think current NFT has more scope and worth investing. NFT games like Axis are giving insane returns.
There are two ways to earn via NFT project. First if you have time, you could play these games and earn passive income on daily basis. Also if you do not have the time, you can only invest in NFT coins as these coins prices rises as the game become more popular.


Title: Re: Are NFT games also another way to gamble your money?
Post by: LUCKMCFLY on August 13, 2021, 03:44:36 PM
NFT games are now the trend, actually what was discovered thanks to Axie Infinity is that the best combination is in "Learn to earn" and "Play to Win", so there are many Crypto NFT projects.

I have seen that there are also games like Crypto Blade and another of Plants that are generating a lot of noise, which means that the business model for which the money is focusing is there ... I have also been seeing that many NFT projects are coming out, and they are also doing beta tests to check the best network, if they play games on the Mumbai network, among others it would be interesting as is the adoption of these games. I think that now the trend will not be to say: Invest and win, but Learn, play and win, where they can launch FREE and Premium versions of the game for those who have the money to invest and enjoy superior benefits.


Title: Re: Are NFT games also another way to gamble your money?
Post by: uneng on August 13, 2021, 07:17:44 PM

Wow what a list you have there... Sure, NFT games comes with risk just like any other investment in the world. Risk is quite inevitable. You can only try to mitigate it by investing in the right NFT gaming platform once you find it.

Speaking of gaming, my favourite so far is staking saloon season 2, a Seascape Network play-to-earn game. If you are looking for a play to earn game, give it a try...

If you compare NFT with DEFI i think current NFT has more scope and worth investing. NFT games like Axis are giving insane returns.
There are two ways to earn via NFT project. First if you have time, you could play these games and earn passive income on daily basis. Also if you do not have the time, you can only invest in NFT coins as these coins prices rises as the game become more popular.
NFTs have a much superior potential when compared to DEFI projects. Although both can be considered gambling, since you are risking your money, NFTs usually have an entertainment activity or product behind them, that are the online competitive games, while DEFI is all about pure speculation. Not that some NFTs aren't also speculative, including some which seem to have a scam approach, but there are more chances you find a legit sustainable NFT concept than a DEFI one. From a gambling perspective I think we could say the odds are more interesting in NFT niche than in DEFI one.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 13, 2021, 08:37:47 PM
NFT games are now the trend, actually what was discovered thanks to Axie Infinity is that the best combination is in "Learn to earn" and "Play to Win", so there are many Crypto NFT projects.

I have seen that there are also games like Crypto Blade and another of Plants that are generating a lot of noise, which means that the business model for which the money is focusing is there ... I have also been seeing that many NFT projects are coming out, and they are also doing beta tests to check the best network, if they play games on the Mumbai network, among others it would be interesting as is the adoption of these games. I think that now the trend will not be to say: Invest and win, but Learn, play and win, where they can launch FREE and Premium versions of the game for those who have the money to invest and enjoy superior benefits.


And simply to say that it's also now being gaining more attention coming from those people who will gamble or risk their money just to get the opportunities to play first or invest first.

NFT is one of the most popular now I also thanking axie for bringing this idea, play to earn attracts huge attentions making more people to quest inside crypto market.

With more success of NFT, it will help to bring more attention and interest to this market.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Mahanton on August 13, 2021, 08:56:58 PM
NFT games are now the trend, actually what was discovered thanks to Axie Infinity is that the best combination is in "Learn to earn" and "Play to Win", so there are many Crypto NFT projects.

I have seen that there are also games like Crypto Blade and another of Plants that are generating a lot of noise, which means that the business model for which the money is focusing is there ... I have also been seeing that many NFT projects are coming out, and they are also doing beta tests to check the best network, if they play games on the Mumbai network, among others it would be interesting as is the adoption of these games. I think that now the trend will not be to say: Invest and win, but Learn, play and win, where they can launch FREE and Premium versions of the game for those who have the money to invest and enjoy superior benefits.


And simply to say that it's also now being gaining more attention coming from those people who will gamble or risk their money just to get the opportunities to play first or invest first.

NFT is one of the most popular now I also thanking axie for bringing this idea, play to earn attracts huge attentions making more people to quest inside crypto market.

With more success of NFT, it will help to bring more attention and interest to this market.
It is indeed getting some interest and becoming even more popular as the days goes by if we do try to look at on those new games that do launch into the market which is mostly focusing on NFT's
but i wont be surprised that this current trend or hype would be make used of those scammers and recently a site becomes a scam which is Bladeknight which is similarly on the game
Cryptoblades which is popular and those new tends to make use of those interest and hype to lure in investors on the game which is a usual thing that do happen.
So we should still be that aware on how thing works and on what to avoid.


Title: Re: Are NFT games also another way to gamble your money?
Post by: haidil on August 13, 2021, 09:38:17 PM
Most crypto games are built in such a way that early players recoup their investment at the expense of those who join the game after them. That's why I wouldn't recommend investing your money if the game has already been running for a few months.

You're absolutely correct about this.

Most NFTs essentially a pyramid scheme that mimics the crash game. People are speculating on how far it will go up and how much the next persons are willing to pay for the same token that has no intrinsic value or hashpower to back it up.

Nothing wrong with this as long as people realise it is gambling - it is not an investment.

Only some of them use NFT as a tool for implementing the pyramid system, because in fact, nowadays NFT has become very popular and almost all of them are full on social media with offers and new types of NFT. As long as they have a limited amount of supply and come from a network that ensures that NFT will continue to be a place to increase new income.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ene1980 on August 13, 2021, 09:50:55 PM
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Quidat on August 13, 2021, 10:27:05 PM
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.
One of the things i do observe too when NFT games becomes the new trend now then there  are lots of similar projects pop up and the investment you would be needing
is really too high.Yes, you might able to reach out ROI in no time but it isnt really that something that is worth to risk on but there are people whom do really love
to play or do gamble with these new games even they are aware on what would happen.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Marvelman on August 13, 2021, 10:47:49 PM
Yes. Collecting NFT art can be done either through simple purchases, or through blockchain-based games. New NFT games often employ the same gaming systems as casino games. Basically, it's the same thing as winning at slots, poker, or blackjack in a crypto casino, except here you may actually be able to keep your NFT winning card. The risks associated with both are also similar.
Some of the risks involved in NFT Gambling are listed in this article (https://ripplecoinnews.com/casino-games-and-nft-gambling-too-similar/).


Title: Re: Are NFT games also another way to gamble your money?
Post by: boyptc on August 13, 2021, 10:57:13 PM
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.
All of us have difference choice.

We cannot stop those people that are liking to play and buy those NFT games because they've been making money so the tendency is that, they are fine to invest more money.

And for people like you and the others, it's better to gamble and there's no problem having that choice.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dread Pirate Roberts on August 13, 2021, 10:58:39 PM
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.

Most NFT games are based on an investment system. like you can resell the items you get in the game or also sell your NFT assets to other people. and actually you don't lose assets because you will continue to be able to earn more. needed large capital sometimes is become barrier for people who just want to try nft games. what else in NFT is currently popular.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Johnyz on August 13, 2021, 11:33:51 PM
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.

Most NFT games are based on an investment system. like you can resell the items you get in the game or also sell your NFT assets to other people. and actually you don't lose assets because you will continue to be able to earn more. needed large capital sometimes is become barrier for people who just want to try nft games. what else in NFT is currently popular.

Yes, NFT games are more about investments and you can earn by selling and playing the game so I don’t think it can be considered as gambling though I’ve heard some games ask for money first, I’m not sure though and if you can share that game that could be a great help. So far, Axie is the best NFT games and many investors are still coming to this platform, this is very popular in my place.


Title: Re: Are NFT games also another way to gamble your money?
Post by: goinmerry on August 13, 2021, 11:37:46 PM
though I’ve heard some games ask for money first,

It's an investment, of course, there should be money first in most cases before you can start.

If all are free, then it's not good. There should be investment or capital needed in order to have a healthy flow of money circulating in the game. Some NFT games are totally free to play but don't expect good results if you will play on that mode forever.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Vaskiy on August 13, 2021, 11:47:00 PM
though I’ve heard some games ask for money first,

It's an investment, of course, there should be money first in most cases before you can start.

If all are free, then it's not good. There should be investment or capital needed in order to have a healthy flow of money circulating in the game. Some NFT games are totally free to play but don't expect good results if you will play on that mode forever.
When we get into the game with an investment it adds more value than playing on the free mode. These days we've got more number of NFT getting into the market, and it is mentioned that majority of the NFT based on gambling will turn to be highly profiting.


Title: Re: Are NFT games also another way to gamble your money?
Post by: eaLiTy on August 13, 2021, 11:59:22 PM
Most NFT games are based on an investment system. like you can resell the items you get in the game or also sell your NFT assets to other people. and actually you don't lose assets because you will continue to be able to earn more. needed large capital sometimes is become barrier for people who just want to try nft games. what else in NFT is currently popular.
In some of the P2E games the main idea is to resale things at a later time and make it rare so that people will be trading them and hopefully we will see the market evolve according to the changes and we might see games like Minecraft making its debut for NFT lovers.


Title: Re: Are NFT games also another way to gamble your money?
Post by: coin-investor on August 14, 2021, 12:40:51 AM
If you are investing or buying stuff for future gains, then it's gambling but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all, it's what's on your plan and reasons on buying and investing on these NFT games, but it's always buy or invest with spare money so you'll not get disappointed in the long run.


Title: Re: Are NFT games also another way to gamble your money?
Post by: dothebeats on August 14, 2021, 01:01:00 AM
You can say it like that, as you are betting on the success of these NFT games in the first place. To be fair though, there are some NFT games wherein this is not the case, and that you can really enjoy the game while also earning on the side. Axie infinity is a good example of this. Those listed in the OP would still require quite a long road ahead of them before it gains enough traction and be something that is generating profit for the user who placed their money on it.

NFT games are the new fad, and a lot of scams would surely arise with it. It's just a matter of knowing which to place your money on and which games to ignore.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Beparanf on August 14, 2021, 04:30:56 AM
If you are investing or buying stuff for future gains, then it's gambling but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all, it's what's on your plan and reasons on buying and investing on these NFT games, but it's always buy or invest with spare money so you'll not get disappointed in the long run.

Investing and gambling both involves risk on losing some money but they are a totally different. Gambling means betting your money for short term period without holding anything in exchange while investing(NFT games) has product that you are using and holding to gain profit in long-term. Even buying a shitcoins can be consider as investing because get utility tokens in exchange for your money. Investment gains will depends on company performance while gambling is just base on luck no string attach.


Title: Re: Are NFT games also another way to gamble your money?
Post by: alpamar99 on August 14, 2021, 06:21:03 AM
If you are investing or buying stuff for future gains, then it's gambling but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all, it's what's on your plan and reasons on buying and investing on these NFT games, but it's always buy or invest with spare money so you'll not get disappointed in the long run.
I don't understand why investment is called gambling because as far as I know investment is still an investment, it can't be related to gambling because from an investment system perspective, buying one of the goods and products from one company or development means roughly we have access to ownership in the product or service. this item and this is not a bet when we store our assets there it means it doesn't necessarily become a bet because it's the same as investing in order to get income both in each month and within the specified time


Title: Re: Are NFT games also another way to gamble your money?
Post by: pinggoki on August 14, 2021, 06:24:46 AM
My defipet and cryptoblades are receiving quite the notice lately. Ranging from good reviews from people who are quite faithful these games will deliver what they promised and would boom in the market, from skeptics who are quite doubtful given that these games have fell short in areas where it matters most, my defipet with the reciprocity and its play to earn feature and cryptoblades' high volatility rate that leaves its players confused and splitting hairs, especially those who bought their accounts at high. For me its all a matter of perspective because if you think about it, investment is a form of gambling in itself as well, only that the collaborative efforts of all its players could affect the win percentage of each player.
If you are investing or buying stuff for future gains, then it's gambling but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all, it's what's on your plan and reasons on buying and investing on these NFT games, but it's always buy or invest with spare money so you'll not get disappointed in the long run.
It's imperative to always only invest with money you can afford to lose, otherwise you'll be causing more and more problems in the long run. You are also coreect about the fact that there should be an element of enjoyment for whenever you invest in an NFT game because before anything else, it's a game that is meant to be played and it would defeat its purpose if you are to not at least enjoy interacting with it.


Title: Re: Are NFT games also another way to gamble your money?
Post by: BlackFor3st on August 14, 2021, 06:33:45 AM
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.


Title: Re: Are NFT games also another way to gamble your money?
Post by: harizen on August 14, 2021, 06:35:19 AM
If you are investing or buying stuff for future gains, then it's gambling

Am I reading this right? In the first place, why do you invest in something if, in the end, you will consider it gambling? You invested because you are expecting gains later on. If you will consider it gambling, then the point of whole investment is useless.

but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all

That's more of gambling honestly since you don't care about the gains. You will just wait on any results out from gambling your money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: bbc.reporter on August 14, 2021, 06:42:11 AM
@harizen. However, the investment is not 100% certain to be profitable for you. Everyone might call something an investment but you are also taking some risk and therefore it is a gamble. Similar to opening a new business. You take the risk and loan some money from a bank against your collateral to start the business. This is a gamble and not very different from leveraged trading.


Title: Re: Are NFT games also another way to gamble your money?
Post by: harizen on August 14, 2021, 07:07:48 AM
@harizen. However, the investment is not 100% certain to be profitable for you. Everyone might call something an investment but you are also taking some risk and therefore it is a gamble. Similar to opening a new business. You take the risk and loan some money from a bank against your collateral to start the business. This is a gamble and not very different from leveraged trading.

It's too obvious that any investment is risky. It's a no-brainer if someone will think that there's no risk in investment. Because of that, why increase the risks of investment by considering it as gambling? You invest because you are expecting something good that's why on the way you will do everything not to make this investment as pure gambling.

Let's take the example you have given. You open up a new business. Why choose an investment that you think it's not profitable? Gambling is not the appropriate word for that because you will manage your investment in the process. If all things are gambling, why should we put effort and time to make our investment profitable?

The same in NFT games. Why choose NFT games that don't have criteria to give you a good return in the future.


Title: Re: Are NFT games also another way to gamble your money?
Post by: bbc.reporter on August 14, 2021, 07:45:46 AM
@harizen. I did not say it is gambling similar to betting money in a slot machine or dice, however, in starting a business or investing, if you take the risk therefore it is a gamble.

The risk you take is your own decision, high risk or low risk. They are a gamble unless the return is 100% a certainty.

In NFT games if you bought the NFT or the tokens of the game, are you quite certain that your investment will not lose? You might presently say yes because everything is pumping in this bull market, however, wait for the bear to pounce.


Title: Re: Are NFT games also another way to gamble your money?
Post by: michellee on August 14, 2021, 08:17:23 AM
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.
If you think that NFT can give you profit, you can try with a small amount to see if that is work for you or not because some people who use big money can not always make money from the NFT project. But some people will not say that is gambling because they see the potential to make a profit from the project, so they decide to invest in that project while they do not know if the project will succeed or not in the future. It seems that people are greedy to invest in an unknown project without searching for more info.


Title: Re: Are NFT games also another way to gamble your money?
Post by: perla on August 14, 2021, 09:48:26 AM

Yes, NFT games are more about investments and you can earn by selling and playing the game so I don’t think it can be considered as gambling though I’ve heard some games ask for money first, I’m not sure though and if you can share that game that could be a great help. So far, Axie is the best NFT games and many investors are still coming to this platform, this is very popular in my place.

What if there are buyers and there is no liquidity, the life of any play to earn is the liquidity and if players cannot liquidate their inventory then the project will go down, once you invest money in any project and you are thinking of return of your investment, then it can be considered as gambling, the reason many are coming into Axie to invest is because of the profit.

As long as people are trading SLP and AXS I think the game is worth playing for and you are right people are joining to earn profit right not the only risk about this game is if the price goes down but so far according to what I see on the market it's pretty stable and it's going upwards which good for early investors of the game.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oasisman on August 14, 2021, 10:20:27 AM
If you are investing or buying stuff for future gains, then it's gambling but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all, it's what's on your plan and reasons on buying and investing on these NFT games, but it's always buy or invest with spare money so you'll not get disappointed in the long run.

There's a difference between gambling and investment. I have said this before.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.


Title: Re: Are NFT games also another way to gamble your money?
Post by: stomachgrowls on August 14, 2021, 11:01:41 AM
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.
If you think that NFT can give you profit, you can try with a small amount to see if that is work for you or not because some people who use big money can not always make money from the NFT project. But some people will not say that is gambling because they see the potential to make a profit from the project, so they decide to invest in that project while they do not know if the project will succeed or not in the future. It seems that people are greedy to invest in an unknown project without searching for more info.
When it comes to new trends and hypes then people doesnt really like to get behind and thats the main reason on why they do make out big investments directly without having good research about a particular NFT game
and once they dont able to get ROI nor it havent able to reach out on what you do expect then it would turn out that you would really get frustrated.

I've seen lots of games are surfaced and people is really fan on engaging into something which is on trend.Yeah, it is somewhat can be called gambling because we dont know on when they would last up.

Gambling in the sense that we are doing some investment but this isnt really comparable to Gambling games literally. We do have our own decisions as long we do enjoy at the same
time we do earn.


Title: Re: Are NFT games also another way to gamble your money?
Post by: alegotardo on August 14, 2021, 11:07:24 AM
There's a difference between gambling and investment. I have said this before.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.

Are all mixed.
In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.

We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.


Title: Re: Are NFT games also another way to gamble your money?
Post by: nakamura12 on August 14, 2021, 11:52:36 AM
Are all mixed.
In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.

We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.
At this time, when you said it is all mixed and yes it is. Games are somewhat combined with gambling like games where you can waste your time by playing and also get a chance to get rare or better equipments. When a game is change to gambling then instead of rare or better equipment the player will get a big amount if lucky and lose money if he/she didn't win the game he/she played. I have playing an online game where I gambled my game items to have a chance receiving better ones or money. I have known and participated  a campaign where the project have their own NFT tokens where you can stake, trade using their own token or buy a NFT which in game it is a NFT package where you can get a single one that you destroy to receive tokens or yse it to have more mining power. So, I would say that NFT games are other way to gamble.


Title: Re: Are NFT games also another way to gamble your money?
Post by: iTradeChips on August 14, 2021, 11:57:58 AM
Maybe it really depends on the strategy that you have for the game. I played Splinterlands for 6 months and I was able to get my initial investment after around 4 months. But I stopped playing it due to very time consuming spending hours and hours just to earn a dollars' worth. There must be better games out there and I did heard about Axie, but I have not tried it since I also see paid games as gamble as well. We have to be very careful with our hard earned cash nowadays.


Title: Re: Are NFT games also another way to gamble your money?
Post by: worle1bm on August 14, 2021, 02:05:58 PM
These are some new hypes in the market and exploring them is also good way and to gamble upon them as there is risk element present so probably call it gambling rather than investment as they both differs in many aspects.You are giving your time in hope of getting high ROI over time and bets are placed on them in new ways.There are many gaming platforms coming up with these NFT's gameplay but try to find best out of them with DYOR that have legitimate background to support you in any case.


Title: Re: Are NFT games also another way to gamble your money?
Post by: haidil on August 14, 2021, 02:49:05 PM
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.

Not all NFT is game-based, there are many choices such as sketches, paintings, music, videos and many versions of NFT that are currently very popular with buyers. This makes us more choices to have, you can try it on several exchanges, like in Opensea I quite enjoy it and it all has quite an advantage.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fortify on August 14, 2021, 04:38:00 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

It's definitely true that people will spend money on any old junk. These games just look like a continuation of phone gaming applications that are accepting payments in a slightly different method. They have carefully structured the system to give the illusion that will produce money for the buyers (in example one) but it sounds like a scam - they are simply hoping that earlier players will be paid off by the funds of people buying into the system later, meanwhile the original founders will be skimming their profit off all along the way. There is nothing wrong with including these "NFT" based activities, but the buyer really needs to know the value of what they are getting - which as with most virtual items, regardless of how it is paid for, will usually depreciate extremely fast and end up almost worthless in unpopular games.


Title: Re: Are NFT games also another way to gamble your money?
Post by: goinmerry on August 14, 2021, 04:49:55 PM
Seen lots of comments that don't have experience playing NFT games and saying something non-sense. :)

They think NFT games are gambled without knowing that there are some NFT games that profitable.

I will let them think of it that way and just focus on my own. :)


Title: Re: Are NFT games also another way to gamble your money?
Post by: $crypto$ on August 14, 2021, 05:02:30 PM
There's a difference between gambling and investment. I have said this before.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.

Are all mixed.
In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.

We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.


Now, the times are getting out of control, so that it becomes a source of income for everyone. Including the presence of crypto, online gambling has made it more diverse in terms of income. Whereas before a season like this, we usually just aim to have fun hi, by paying a few cents to the computer rental owner to play just a few hours. A time we may not find today.
Even though it has changed, of course we have to be able to control it, just like gambling, it must still be under control.


Title: Re: Are NFT games also another way to gamble your money?
Post by: maju69 on August 14, 2021, 05:04:02 PM
I have even collected many types of NFT, which of them have different networks, such as ERC20 which I collect the most along with NFT which is in the BSC network.
All have entered the crypto growth driven by NFT, we know that nowadays it's not only games that can use NFT. some other things have started to appear in order to enter the NFT zone.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Johnyz on August 14, 2021, 05:22:34 PM

Yes, NFT games are more about investments and you can earn by selling and playing the game so I don’t think it can be considered as gambling though I’ve heard some games ask for money first, I’m not sure though and if you can share that game that could be a great help. So far, Axie is the best NFT games and many investors are still coming to this platform, this is very popular in my place.

What if there are buyers and there is no liquidity, the life of any play to earn is the liquidity and if players cannot liquidate their inventory then the project will go down, once you invest money in any project and you are thinking of return of your investment, then it can be considered as gambling, the reason many are coming into Axie to invest is because of the profit.
I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.


Title: Re: Are NFT games also another way to gamble your money?
Post by: South Park on August 14, 2021, 10:30:57 PM
Well, it's like an investment but with rng elements, basically close to how investments get returned to you depending on how the stock or coin actually develops (former is based on rng luck coded AND how well the game does, latter is based on how well it does). I wouldn't really call them a gamble tbh. It's closer to an investment imho, and besides, it'd actually earn more in the short term since most nft games are play to earn. They basically return a set amount of profit every month, unlike investment which is pretty stagnant most of the time.
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it.


Title: Re: Are NFT games also another way to gamble your money?
Post by: herurist on August 15, 2021, 03:06:57 AM

I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.
this is a different perspective from everyone, everyone is free to express and make an opinion about this but the rest is true if axie is less liquid but on other disks they have their own features that can make fans comfortable here.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here


Title: Re: Are NFT games also another way to gamble your money?
Post by: lienfaye on August 15, 2021, 03:18:13 AM
Maybe it really depends on the strategy that you have for the game. I played Splinterlands for 6 months and I was able to get my initial investment after around 4 months. But I stopped playing it due to very time consuming spending hours and hours just to earn a dollars' worth. There must be better games out there and I did heard about Axie, but I have not tried it since I also see paid games as gamble as well. We have to be very careful with our hard earned cash nowadays.
You really need to spend time playing these games in order to earn just like in Axie. It is one of the popular NFT games but worth the time and effort since you can earn huge depending on your effort each day.  Indeed NFT games are getting the attention of the investors and its an edge if you're already a gamer because it will be easy for you. However not all games are profitable and genuine thus its a must to DYOR.


Title: Re: Are NFT games also another way to gamble your money?
Post by: michellee on August 15, 2021, 03:56:19 AM
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.
If you think that NFT can give you profit, you can try with a small amount to see if that is work for you or not because some people who use big money can not always make money from the NFT project. But some people will not say that is gambling because they see the potential to make a profit from the project, so they decide to invest in that project while they do not know if the project will succeed or not in the future. It seems that people are greedy to invest in an unknown project without searching for more info.
When it comes to new trends and hypes then people doesnt really like to get behind and thats the main reason on why they do make out big investments directly without having good research about a particular NFT game
and once they dont able to get ROI nor it havent able to reach out on what you do expect then it would turn out that you would really get frustrated.

I've seen lots of games are surfaced and people is really fan on engaging into something which is on trend.Yeah, it is somewhat can be called gambling because we dont know on when they would last up.

Gambling in the sense that we are doing some investment but this isnt really comparable to Gambling games literally. We do have our own decisions as long we do enjoy at the same
time we do earn.
Coincidentally, those people can get ROI even they can get big profits. Maybe that is their luck to invest in the right project without researching while other people lose their money with the other projects. Many NFT projects out there seem it will be more difficult for them to invest in the right projects as now the trend seems not too high depending on a few weeks ago. So if people still want to search for the right NFT project, they really need to research deeper to find the right project.

Indeed, when we do not know much about something or the project, that would be gambling because there will be two options for us: we lose or make a profit.

I hope that they can accept whatever the result and not complain that the project scams them someday before making a profit from what they invest in the project.


Title: Re: Are NFT games also another way to gamble your money?
Post by: kkaroul4 on August 15, 2021, 06:31:57 AM
Yes but it's not really a gamble where you win, you win and when you lose, you lose. It's sort of an investment rather than gambling honestly, you will need capital to purchase some NFT then use the NFT to earn so the only lose here is when the price of the NFT crash unlike gambling there's 2 ways to lose, lose in gambling and when the price crash.


Title: Re: Are NFT games also another way to gamble your money?
Post by: OgNasty on August 15, 2021, 06:47:42 AM
That Zed Run horse racing game looks interesting. I’ve been meaning to check it out. Not sure how wise it would be to bet on that sort of thing (although I’m sure it’s fine) but it seems like it could be fun regardless and I hear you can do free races also. Just make sure you’re having fun, as the main benefit to gambling should be entertainment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Twinkledoe on August 15, 2021, 06:57:21 AM
Yes but it's not really a gamble where you win, you win and when you lose, you lose. It's sort of an investment rather than gambling honestly, you will need capital to purchase some NFT then use the NFT to earn so the only lose here is when the price of the NFT crash unlike gambling there's 2 ways to lose, lose in gambling and when the price crash.

That's why before you buy an NFT item from the game, you need to do some prior assessment. I am seeing that some of the NFT characters are quite expensive from my standard and yet, they are gaining interest from the gaming community. It means, a lot of gamers are really willing to spend some cash on these NFT-based games. Which, if you will do good can really give you good returns even if we say you spend a lil bit of your savings.  In some way, you are gambling here as you have no assurance if the game will survive long or not. But I believe, your chances of getting back your investments is relatively high, if in case you choose a strong gaming platform.


Title: Re: Are NFT games also another way to gamble your money?
Post by: bitgov on August 15, 2021, 06:58:36 AM
Yes but it's not really a gamble where you win, you win and when you lose, you lose. It's sort of an investment rather than gambling honestly, you will need capital to purchase some NFT then use the NFT to earn so the only lose here is when the price of the NFT crash unlike gambling there's 2 ways to lose, lose in gambling and when the price crash.

I noticed the same thing too. If we call it gambling, then basically you would have to recognize that any cryptocurrency investment is a gamble. In this case, quite much depends on us and how well we research the project. Also, the fact that the NFT is still super popular allows us to think that the ROI will be achieved very quickly.


Title: Re: Are NFT games also another way to gamble your money?
Post by: smyslov on August 15, 2021, 07:28:43 AM
I invested in DPET and I expect a return of my money in the future and right now I'm waiting for their update, these play to earn NFT are promising us profit so it's just right to treat them as an investment and since it's an investment and all kinds and forms of investment are gambling so I consider these NFT games as gambling our money, we can lose, regain or make profit from these kinds of projects.


Title: Re: Are NFT games also another way to gamble your money?
Post by: UmerIdrees on August 15, 2021, 10:27:31 AM


Not all NFT is game-based, there are many choices such as sketches, paintings, music, videos and many versions of NFT that are currently very popular with buyers. This makes us more choices to have, you can try it on several exchanges, like in Opensea I quite enjoy it and it all has quite an advantage.

Yes they are but you invested money here anything you put your money in is considered investing, even a hobby is an investment, there's a probability of losing money, it becomes mainstream because investors are backing it up, I invested on one NFT game I expect profit although not so soon, NFT games are going to be the trend for a long time because of their uniqueness.

One should be intelligent enough to choose from a good investment and NFT investments are better these days. You can find all of he NFT coins here https://www.coingecko.com/en/nft and most of these projects are performing well. 

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Cacingkemi on August 15, 2021, 01:58:00 PM
Honestly I think it's better than gambling, because just play it and you will earn unlike in gambling there's no way you will be sure that you will win even with small odds there's a chance that you will still lose it's like a staking but in order to earn you will need to play it like fight other characters or sell items to earn. So I think it's still a game of chance.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 15, 2021, 03:37:57 PM


Not all NFT is game-based, there are many choices such as sketches, paintings, music, videos and many versions of NFT that are currently very popular with buyers. This makes us more choices to have, you can try it on several exchanges, like in Opensea I quite enjoy it and it all has quite an advantage.

Yes they are but you invested money here anything you put your money in is considered investing, even a hobby is an investment, there's a probability of losing money, it becomes mainstream because investors are backing it up, I invested on one NFT game I expect profit although not so soon, NFT games are going to be the trend for a long time because of their uniqueness.

One should be intelligent enough to choose from a good investment and NFT investments are better these days. You can find all of he NFT coins here https://www.coingecko.com/en/nft and most of these projects are performing well. 

Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.
It's your research that will help you pick the right coin for your investment. NFT is good as there's also the entertaining part, playing games and earn money using your free time.

Investment that combines with your games, interesting fact since there are many people who are stuck inside their house because of this pandemic, they are given these opportunities to earn while playing and killing their time.

Axie introduces how things works and now many other projects who are trying to duplicate Axie's success.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 15, 2021, 04:09:06 PM
Seen lots of comments that don't have experience playing NFT games and saying something non-sense. :)

They think NFT games are gambled without knowing that there are some NFT games that profitable.

I will let them think of it that way and just focus on my own. :)

Better to think that way, why bother to keep explaining just use those time to keep yourself updated within this new system,

Many still thinks that way, they are in doubts that this kind of system are really existing, fearing to lose money that's why they have this
thing inside their minds, they don't even bother to understand how things works.

Only those people who have that courage to try new things are the one who will benefits with this new investment form.


Title: Re: Are NFT games also another way to gamble your money?
Post by: maju69 on August 15, 2021, 04:24:41 PM

I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.
this is a different perspective from everyone, everyone is free to express and make an opinion about this but the rest is true if axie is less liquid but on other disks they have their own features that can make fans comfortable here.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here

However, when on the NFT list, the number one reputation is Axie Infinity, although many say it is less liquid, etc., of course almost many users can still enjoy the game there.
Even though all lists have dominated many gamers, some news on social media is back to being busy talking about them.


Title: Re: Are NFT games also another way to gamble your money?
Post by: 7788bitcoin on August 15, 2021, 05:47:04 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.
I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .

 


Title: Re: Are NFT games also another way to gamble your money?
Post by: stomachgrowls on August 15, 2021, 08:06:05 PM

I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.
this is a different perspective from everyone, everyone is free to express and make an opinion about this but the rest is true if axie is less liquid but on other disks they have their own features that can make fans comfortable here.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here

However, when on the NFT list, the number one reputation is Axie Infinity, although many say it is less liquid, etc., of course almost many users can still enjoy the game there.
Even though all lists have dominated many gamers, some news on social media is back to being busy talking about them.

Most of those who are on top ranking is just new NFT games which it isnt incomparable with Axie inifinity since its already a year old game and it is just really able to get some attention too much on this year thats
why it did really make out that significant rise up into its price which does signify that there are lots whom do really love this game.Although  you do need to invest for you to earn.ROI is somewhat fast
compared to other legit businesses out there but we know the risk.

New games now are making out some noise because of fast roi and big earnings but the risk is way more higher since there are already some games turns out to be a scam which is only good for a week.

So always take caution on dealing with new games that having that play to earn feature but actually you do really  need to invest first.


Title: Re: Are NFT games also another way to gamble your money?
Post by: boltz on August 15, 2021, 10:38:43 PM
Well it looks like Cryptoblade are now rewarding their players right now but they might solve it in the end... so yea NFT games are a double edge investment but not far from gambling as I said before. I think in the future this games will replace the new ones but it all depends how this first project will do in 2-3 years from now. ( if they can resist that much and they can sustain a healthy and fair economy for the game )


Title: Re: Are NFT games also another way to gamble your money?
Post by: finaleshot2016 on August 15, 2021, 10:51:06 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.
I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .
If a player is particularly skilled in the arena, a quick return on investment can be achieved; there are numerous methods to earn a lot of SLP in this game, and it was recently changed to be dependent on abilities and understanding of the game. I also missed out on buying AXS and SLP, which have since skyrocketed in value, and I can't imagine how much higher they'll go. That's why I'm looking for another starting NFT game that can reach what Axie Infinity achieved so that I can easily earn money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: AmoreJaz on August 15, 2021, 11:06:45 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.
I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .
If a player is particularly skilled in the arena, a quick return on investment can be achieved; there are numerous methods to earn a lot of SLP in this game, and it was recently changed to be dependent on abilities and understanding of the game. I also missed out on buying AXS and SLP, which have since skyrocketed in value, and I can't imagine how much higher they'll go. That's why I'm looking for another starting NFT game that can reach what Axie Infinity achieved so that I can easily earn money.

gaming skill is still needed to gain good profits from this nft-based gaming platform. it is not for everybody. so dont expect that everyone joining this craze will get high profits. also, for example, purchasing axies will take some amount of your funds before you can play unless you will go to the lengthy route of their scholarship program.
but if you have the skill, you have better chance of earning good money here. it is some sort of gambling as well as the success depends also on the platform itself. so you are gambling your funds to uncertain future of the gaming platform.


Title: Re: Are NFT games also another way to gamble your money?
Post by: fortunecrypto on August 15, 2021, 11:20:08 PM
If a player is particularly skilled in the arena, a quick return on investment can be achieved; there are numerous methods to earn a lot of SLP in this game, and it was recently changed to be dependent on abilities and understanding of the game. I also missed out on buying AXS and SLP, which have since skyrocketed in value, and I can't imagine how much higher they'll go. That's why I'm looking for another starting NFT game that can reach what Axie Infinity achieved so that I can easily earn money.

Cryptoblades and MyDefipet or DPET are two of the projects that look promising and DPET is still very cheap and they are still in beta but it's good to get in this early, there's still a lot of bugs and rollback happening but it's understandable for a new ambitious project, this is a project backed by a well-known company in gaming and blockchain, by next year this project will take off.


Title: Re: Are NFT games also another way to gamble your money?
Post by: goinmerry on August 15, 2021, 11:48:16 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

You won't reach your ROI and profit if you will just hold. AXS should be spent so the circulation will be healthy.

Their in-game currency SLP is the one that shouldn't be sold always as there's no other way of burning it aside from the breeding part of the game. That token has infinite supply so their community should also help to balance the SLP spendings while devs are working on other ways to use that token in-game.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Tumanggor on August 15, 2021, 11:56:06 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
nft is very different from ico, it is more unique compared to ico. currently nft is trending and attracting people's attention to play and buy the nft game tokens
investing is actually not that far from trying to bet on an asset and it is not that different from investing in any other asset

honestly i missed the moment with axie infinity, it makes me a little frustrated
the trend of nft games will continue to last for some time and surely many people will bet on it


Title: Re: Are NFT games also another way to gamble your money?
Post by: tippytoes on August 15, 2021, 11:58:32 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

You won't reach your ROI and profit if you will just hold. AXS should be spent so the circulation will be healthy.

Their in-game currency SLP is the one that shouldn't be sold always as there's no other way of burning it aside from the breeding part of the game. That token has infinite supply so their community should also help to balance the SLP spendings while devs are working on other ways to use that token in-game.

I have looked into Axie, and buying their Axies is no joke. I just hope that the price of their items is really justified by how it will turn out in the next coming years. The worry about its longevity in the market is always there. So joining this kind of game, you should know the repercussions and possible turn out of events. In a way, this is already a gamble for the player.


Title: Re: Are NFT games also another way to gamble your money?
Post by: danherbias07 on August 16, 2021, 03:19:05 AM
Your in profits now if you bought DPET at last May 2021. The price is just $0.4 when I bought lots of it. It means, you don't really have to play the game and is already up by 6 more dollars each. I already took my ROI here from selling some of my DPET coins, just to be sure if something bad happens it will not hurt much.
Although, I still want to see where the game will go that's why I used some to buy pets in game. It is a gamble, that's true and sometimes it depends on the hype it could create to maneuver the value to a its peak.
Asian countries mostly support this kind of industry and if you are seeking to find new NFT gems you will need to follow their trend.


Title: Re: Are NFT games also another way to gamble your money?
Post by: magneto on August 16, 2021, 07:02:21 AM
Your in profits now if you bought DPET at last May 2021. The price is just $0.4 when I bought lots of it. It means, you don't really have to play the game and is already up by 6 more dollars each. I already took my ROI here from selling some of my DPET coins, just to be sure if something bad happens it will not hurt much.
Although, I still want to see where the game will go that's why I used some to buy pets in game. It is a gamble, that's true and sometimes it depends on the hype it could create to maneuver the value to a its peak.
Asian countries mostly support this kind of industry and if you are seeking to find new NFT gems you will need to follow their trend.

Yeah, there are lots of riches made in the NFT space right now.

One of my mates bought 10 Pudgy Penguins when they were just 0.04 ETH each - and now they are more like 2 ETH each for the average ones.

I don't think this is sustainable and definitely resembles more of an investor-based-game than any sort of technological revolution. We have known for ages that blockchain is immunitable and can be used to create non-fungible chains of code, but why is it that now people are flocking to buying JPEGs off the internet?

Absolutely riduculous if you ask me. With the lack of liquidity, this is as good as gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: robelneo on August 16, 2021, 09:16:07 AM
Your in profits now if you bought DPET at last May 2021. The price is just $0.4 when I bought lots of it. It means, you don't really have to play the game and is already up by 6 more dollars each. I already took my ROI here from selling some of my DPET coins, just to be sure if something bad happens it will not hurt much.
Although, I still want to see where the game will go that's why I used some to buy pets in game. It is a gamble, that's true and sometimes it depends on the hype it could create to maneuver the value to a its peak.
Asian countries mostly support this kind of industry and if you are seeking to find new NFT gems you will need to follow their trend.

I was late buying it, only a week it made a dip at $2 back then but it took me a week before I funded my wallet and by then the amount doubled but I'm glad that I manage to buy 5 DPETS for a start and level up my pets, I consider NFT games gambling, people are getting in and buying pets because they are hoping that it will imitate or even surpass the success of AXIE, I read in one DPET groups that people are making a loan or withdrawing their savings just to buy pets and level them so they can regain their investment when the project roll up the play to earn.

So many players are hoping and praying that this is the next big thing in Play to earn all of us will have to wait last quarter to see its potential and if we made the right decision to invest here, it really is gambling for me.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Wexnident on August 16, 2021, 10:28:24 AM
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it.
Have you ever tried it? Or any other RPG game with its own economy for that matter? I've tried myself a few NFT games (Axie infinity being the most famous out of most of them) and I can say for myself, it isn't a gamble. A gamble is something where the chance of winning is 50/50. NFT games are not, they're play to earn type of games, you earn as long as you play it. I myself have gotten a ROI of around 500%? (Invested around $400, im sitting at $2000 right now, including the value of the stuff I use to play the games with) in around 3 months only. You can even use the game to trade, buying good items and whatnot that you think would rise in price later on.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 16, 2021, 11:52:17 AM
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it.
Have you ever tried it? Or any other RPG game with its own economy for that matter? I've tried myself a few NFT games (Axie infinity being the most famous out of most of them) and I can say for myself, it isn't a gamble. A gamble is something where the chance of winning is 50/50. NFT games are not, they're play to earn type of games, you earn as long as you play it. I myself have gotten a ROI of around 500%? (Invested around $400, im sitting at $2000 right now, including the value of the stuff I use to play the games with) in around 3 months only. You can even use the game to trade, buying good items and whatnot that you think would rise in price later on.


That's a wow and really good way of investing your money,

there are people who still gaining more and still moving forward using this new venue of investment, they seen good opportunities after the success of someone who already inside this play to earn games.

in your case, 500% and still holding your characters really worthy if they are saying that you are into gambling right?


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oasisman on August 16, 2021, 12:57:33 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.

You won't reach your ROI and profit if you will just hold. AXS should be spent so the circulation will be healthy.

Their in-game currency SLP is the one that shouldn't be sold always as there's no other way of burning it aside from the breeding part of the game. That token has infinite supply so their community should also help to balance the SLP spendings while devs are working on other ways to use that token in-game.

I have looked into Axie, and buying their Axies is no joke. I just hope that the price of their items is really justified by how it will turn out in the next coming years. The worry about its longevity in the market is always there. So joining this kind of game, you should know the repercussions and possible turn out of events. In a way, this is already a gamble for the player.

If you're talking about years, most probably majority of the players have already made huge ROI.
I agree, Axie's price is no joke for a single team, but the amount of ROI is achievable in a 2 month maximum span.
I have seen people investing to Axie, they haven't lost their investment because the value of SLP or AXS has dropped or Axie itself has collapsed, but because they don't have the basic idea how seed phrases worked and they got scammed by phishing website and fake wallets.

If you're talking about the sustainability of the game, then I can guarantee you it will last longer than you expect. Maybe the SLP or AXS will gradually drop it's value but the game is still there. Also, the devs are trying everything they can to make the game economy sustainable in the long run. So, I don't see any "high gamble-like risk" in this game.


Title: Re: Are NFT games also another way to gamble your money?
Post by: TimeTeller on August 16, 2021, 01:08:55 PM
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it.
Have you ever tried it? Or any other RPG game with its own economy for that matter? I've tried myself a few NFT games (Axie infinity being the most famous out of most of them) and I can say for myself, it isn't a gamble. A gamble is something where the chance of winning is 50/50. NFT games are not, they're play to earn type of games, you earn as long as you play it. I myself have gotten a ROI of around 500%? (Invested around $400, im sitting at $2000 right now, including the value of the stuff I use to play the games with) in around 3 months only. You can even use the game to trade, buying good items and whatnot that you think would rise in price later on.


That's a wow and really good way of investing your money,

there are people who still gaining more and still moving forward using this new venue of investment, they seen good opportunities after the success of someone who already inside this play to earn games.

in your case, 500% and still holding your characters really worthy if they are saying that you are into gambling right?

That kind of return is not easy in gambling. The usual scenario is you will lose all those 400 bucks in one sitting if you don't know how to control yourself.
This is another gaming system that can really give you high profits, that is, if you choose a reliable and worthy platform.
I believe, not all NFT-based games can produce such interest to the community and can give you good returns.
But the risk here is quite low as compared to luck-based games. If you know what you are doing as a player, this will be a very good source of income for players.


Title: Re: Are NFT games also another way to gamble your money?
Post by: RealMalatesta on August 16, 2021, 09:00:16 PM
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it.
Have you ever tried it? Or any other RPG game with its own economy for that matter? I've tried myself a few NFT games (Axie infinity being the most famous out of most of them) and I can say for myself, it isn't a gamble. A gamble is something where the chance of winning is 50/50. NFT games are not, they're play to earn type of games, you earn as long as you play it. I myself have gotten a ROI of around 500%? (Invested around $400, im sitting at $2000 right now, including the value of the stuff I use to play the games with) in around 3 months only. You can even use the game to trade, buying good items and whatnot that you think would rise in price later on.
Wow, I didn't know that people could make that kind of money from the game. I heard way back when it first started there was a lot of attention from a certain nation where the salaries were so low that people gamed on axie and made enough money to be considered a salary. $1500 profit in 3 months means about 500 per month income and that's not bad, not enough for salary in most places but even in huge nations like USA there could be kids that could play and $500 per month is not a bad amount for kids there, let alone adults in most nations.

If you put in a lot more money in, like let's say 5k dollars into it, could you make more money accordingly? Like instead of putting $400 and getting $2000 can I put 4k and make 20k? If that is possible then I am pretty sure I now understand the whole point of why Axie got so famous. No idea how people make that money, but if they do then it is really great.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oilacris on August 16, 2021, 09:11:40 PM
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it.
Have you ever tried it? Or any other RPG game with its own economy for that matter? I've tried myself a few NFT games (Axie infinity being the most famous out of most of them) and I can say for myself, it isn't a gamble. A gamble is something where the chance of winning is 50/50. NFT games are not, they're play to earn type of games, you earn as long as you play it. I myself have gotten a ROI of around 500%? (Invested around $400, im sitting at $2000 right now, including the value of the stuff I use to play the games with) in around 3 months only. You can even use the game to trade, buying good items and whatnot that you think would rise in price later on.


That's a wow and really good way of investing your money,

there are people who still gaining more and still moving forward using this new venue of investment, they seen good opportunities after the success of someone who already inside this play to earn games.

in your case, 500% and still holding your characters really worthy if they are saying that you are into gambling right?

That kind of return is not easy in gambling. The usual scenario is you will lose all those 400 bucks in one sitting if you don't know how to control yourself.
This is another gaming system that can really give you high profits, that is, if you choose a reliable and worthy platform.
I believe, not all NFT-based games can produce such interest to the community and can give you good returns.
But the risk here is quite low as compared to luck-based games. If you know what you are doing as a player, this will be a very good source of income for players.
Dont know on how they do assess on making out comparison which is clearly and  obviously different in terms of  risk and possible interest or outcome that  they could gain on  engaging into it.

Its clear as day that NFT games give out some chance for you to earn even though it isnt instant but at least you could really get something on  what you  had invest compared when you do play luck based games.

Investment is totally different with pure gambling gaming.So you should consider on  looking at  those qualities first on which one you do really need.


Title: Re: Are NFT games also another way to gamble your money?
Post by: DoublerHunter on August 16, 2021, 09:27:42 PM
Axie Infinity has been on the top of it when it comes to Return on Investment. So you should hold this coin for long term prospective.
I missed the new trend and i am literally furious as i did not expect projects like these to pop up after i have seen the ICO fiasco which was good in the beginning but then end up as the biggest shit show. First time i am hearing about Axie Infinity and the ROI of interest is said to be 65492.42% in the last 9 months which is really crazy .
^ Sometimes I have doubted the hype of this NFT game, it seems like there is someone who manipulating the price. It is really insane to think of the very expensive item on each game and I think this is not on a game, it could be others can able to trade on other players their valuable items. So it is really considerable that you gamble your money here while you are fully entertaining the game. Because that is an investment that is something you risk and it could be while in the arena, there is a betting that happens. Every e-games or e-games will most likely be to gamble your money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 16, 2021, 10:48:55 PM

If you're talking about years, most probably majority of the players have already made huge ROI.
I agree, Axie's price is no joke for a single team, but the amount of ROI is achievable in a 2 month maximum span.
I have seen people investing to Axie, they haven't lost their investment because the value of SLP or AXS has dropped or Axie itself has collapsed, but because they don't have the basic idea how seed phrases worked and they got scammed by phishing website and fake wallets.
That hope brings people after hearing that in 2 months you can earn back your initial investment, and from how I hear it from those close friends that I know, they are living proof that the game really rewards those early birds who take that big risk
investing in this game.

Quote

If you're talking about the sustainability of the game, then I can guarantee you it will last longer than you expect. Maybe the SLP or AXS will gradually drop it's value but the game is still there. Also, the devs are trying everything they can to make the game economy sustainable in the long run. So, I don't see any "high gamble-like risk" in this game.

SLP and AXS are cryptos and the nature of this market still volatile, but the game itself and with how the dev are working to make sure that the server will continue to facilitate, something that we can look forward.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oasisman on August 17, 2021, 07:30:56 AM

If you're talking about years, most probably majority of the players have already made huge ROI.
I agree, Axie's price is no joke for a single team, but the amount of ROI is achievable in a 2 month maximum span.
I have seen people investing to Axie, they haven't lost their investment because the value of SLP or AXS has dropped or Axie itself has collapsed, but because they don't have the basic idea how seed phrases worked and they got scammed by phishing website and fake wallets.
That hope brings people after hearing that in 2 months you can earn back your initial investment, and from how I hear it from those close friends that I know, they are living proof that the game really rewards those early birds who take that big risk
investing in this game.

I can personally testify to that as well.
I had my first Axie team back in June (considered to be a late entry when Axie become a big hit in March) for approximately $800 including gas fees and SLP was around $0.1. After  more than 2 weeks of playing, I was able to cash out $1,200 as the SLP had a run to break a new ATH early in July.
See, in just less than a month I was able to take back my capital investment plus an extra ROI.

Again, there is a difference between a literal gambling and investing in NFT games. Some people seems to be confusing themselves between gambling and investment. 


Title: Re: Are NFT games also another way to gamble your money?
Post by: yazher on August 17, 2021, 07:53:20 AM

I can personally testify to that as well.
I had my first Axie team back in June (considered to be a late entry when Axie become a big hit in March) for approximately $800 including gas fees and SLP was around $0.1. After  more than 2 weeks of playing, I was able to cash out $1,200 as the SLP had a run to break a new ATH early in July.
See, in just less than a month I was able to take back my capital investment plus an extra ROI.

Again, there is a difference between a literal gambling and investing in NFT games. Some people seems to be confusing themselves between gambling and investment. 

As days pass, I understand now that NFT is not gambling except if you invest in a shady project that has no transparency. As of now, I already get half of my ROI in the 4 NFT games that I invested and the games are still running and when I get the other half of my ROI, the rest are fully profits. What I did was I didn't put my NFT games capital in one basket rather I spread it in multiple games that have the potential to grow like Axie Infinity.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 17, 2021, 03:44:09 PM

As days pass, I understand now that NFT is not gambling except if you invest in a shady project that has no transparency.

A very big difference if you successfully invest with the right NFT assets, those who came up first  with AXIE and CryptoBlade are all gainers

even CryptoBlade is not the same as it was few weeks back.

Quote
As of now, I already get half of my ROI in the 4 NFT games that I invested and the games are still running and when I get the other half of my ROI, the rest are fully profits.

Same with me, still kicking and looking forward that the game will continue and even the rewards is no longer good as long as the team still
allowing players to play still better than nothing at all.

Quote
What I did was I didn't put my NFT games capital in one basket rather I spread it in multiple games that have the potential to grow like Axie Infinity.

Got to admit that for me Axie is no longer possible, don't have that such amount of investment capital.


Title: Re: Are NFT games also another way to gamble your money?
Post by: maju69 on August 17, 2021, 04:33:47 PM

I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.
this is a different perspective from everyone, everyone is free to express and make an opinion about this but the rest is true if axie is less liquid but on other disks they have their own features that can make fans comfortable here.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here

However, when on the NFT list, the number one reputation is Axie Infinity, although many say it is less liquid, etc., of course almost many users can still enjoy the game there.
Even though all lists have dominated many gamers, some news on social media is back to being busy talking about them.

Most of those who are on top ranking is just new NFT games which it isnt incomparable with Axie inifinity since its already a year old game and it is just really able to get some attention too much on this year thats
why it did really make out that significant rise up into its price which does signify that there are lots whom do really love this game.Although  you do need to invest for you to earn.ROI is somewhat fast
compared to other legit businesses out there but we know the risk.

New games now are making out some noise because of fast roi and big earnings but the risk is way more higher since there are already some games turns out to be a scam which is only good for a week.

So always take caution on dealing with new games that having that play to earn feature but actually you do really  need to invest first.


You are right, caution is needed, we are still enjoying the game, but we must pay attention to the security aspects of prolonged transactions. Usually this kind of condition is not just an NFT Hype and then people use it to make more money than launching an NFT which can generate profits quickly but doesn't last long. The reputation of the game that guarantees and is widely trusted is certainly better and provides security for its users.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 17, 2021, 05:26:47 PM

I can personally testify to that as well.
I had my first Axie team back in June (considered to be a late entry when Axie become a big hit in March) for approximately $800 including gas fees and SLP was around $0.1. After  more than 2 weeks of playing, I was able to cash out $1,200 as the SLP had a run to break a new ATH early in July.
See, in just less than a month I was able to take back my capital investment plus an extra ROI.

Again, there is a difference between a literal gambling and investing in NFT games. Some people seems to be confusing themselves between gambling and investment. 
Good for you, and till now if you still piloting your character you continue to earn and that's all passive income for you.

Taking part with NFT games like Axie really pay decently, though for now those who have that same desire need to invest a huge amount of money to have a good starter pack to begin their journey.

There's always a risk, but if you have a strong nerved and you believe to your instinct whatever happened you'll going to take your step.


Title: Re: Are NFT games also another way to gamble your money?
Post by: passwordnow on August 17, 2021, 10:07:28 PM
You are right, caution is needed, we are still enjoying the game, but we must pay attention to the security aspects of prolonged transactions. Usually this kind of condition is not just an NFT Hype and then people use it to make more money than launching an NFT which can generate profits quickly but doesn't last long. The reputation of the game that guarantees and is widely trusted is certainly better and provides security for its users.
People are staying because they're taking the benefits, whether it's an NFT game or any other means of giving sustainable profits, they'll stay. And the consideration of gambling on it is through the volatility and hype, the risk it gives to every person that wants to come in.
As long as the developers know how to adjust to its economy and game sustainability, it will continue. And if they're thoughtful and caring for their players, they will always look at the idea of win-win for them and as well as their players/investors.


Title: Re: Are NFT games also another way to gamble your money?
Post by: dunfida on August 17, 2021, 10:35:03 PM

I can personally testify to that as well.
I had my first Axie team back in June (considered to be a late entry when Axie become a big hit in March) for approximately $800 including gas fees and SLP was around $0.1. After  more than 2 weeks of playing, I was able to cash out $1,200 as the SLP had a run to break a new ATH early in July.
See, in just less than a month I was able to take back my capital investment plus an extra ROI.

Again, there is a difference between a literal gambling and investing in NFT games. Some people seems to be confusing themselves between gambling and investment. 
Good for you, and till now if you still piloting your character you continue to earn and that's all passive income for you.

Taking part with NFT games like Axie really pay decently, though for now those who have that same desire need to invest a huge amount of money to have a good starter pack to begin their journey.

There's always a risk, but if you have a strong nerved and you believe to your instinct whatever happened you'll going to take your step.
If you do like to have some improvement into your life in terms of finances then you should really take some risky step even though gambling out some funds for the sake of investment.

You wouldnt know if it would be effective or not or would turns out to be profitable or not.On this case, there are lots of people who took the risk on buying their teams and turns out on hitting ROI after a month

which i can really consider to be worth since on the next month you are already just longing for your pure profit since you had already ensured your capital which is a must or priority thing.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Kyraishi on August 17, 2021, 10:38:09 PM
I can personally testify to that as well.
I had my first Axie team back in June (considered to be a late entry when Axie become a big hit in March) for approximately $800 including gas fees and SLP was around $0.1. After  more than 2 weeks of playing, I was able to cash out $1,200 as the SLP had a run to break a new ATH early in July.
See, in just less than a month I was able to take back my capital investment plus an extra ROI.

Again, there is a difference between a literal gambling and investing in NFT games. Some people seems to be confusing themselves between gambling and investment. 

But what intrinsic value are there in NFTs?

If a particular purchase of an asset does not have any cash flows/utility to back it up, then it should be considered to be a speculation - which is essentially financial gambling.

No matter how you try to frame it, picking certain NFTs and not others without any specific insight into which ones have utility and which ones don't constitutes gambling. Period.


Title: Re: Are NFT games also another way to gamble your money?
Post by: livingfree on August 17, 2021, 11:13:52 PM
What if the developers of the game like Axie will start to make their own PvP-betting platform and all you can bet, AXS, WETH, SLP and even our Axies. If the developers won't make such.

A casino that looks into it can make this very well. Just as the same as the Dota 2 lounge before when the items have been the bets, uncommon, commons, rare items that can be connected to the account and the same as the game of Axie. I think this is very possible and this is a truly gamble that involves huge amount of assets.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlfebz2 on August 17, 2021, 11:26:45 PM
What if the developers of the game like Axie will start to make their own PvP-betting platform and all you can bet, AXS, WETH, SLP and even our Axies. If the developers won't make such.

A casino that looks into it can make this very well. Just as the same as the Dota 2 lounge before when the items have been the bets, uncommon, commons, rare items that can be connected to the account and the same as the game of Axie. I think this is very possible and this is a truly gamble that involves huge amount of assets.
Possible but we dont know on what are theiir plans because its just too early to say that bookies would be listing out particular games knowing that Axie infinity isnt really still that big although they had currently
1,200,000+ active users.Dont know if its accurate considering that some people does have multi-accounts or in forms of scholarship.

We are just way too far off with those possible events that might happen in the future.It will always vary on the demand and further developments would be seen
depending on how it would progress out.


Title: Re: Are NFT games also another way to gamble your money?
Post by: aioc on August 18, 2021, 03:21:10 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


I invested in Splinterlands and DPET but not to evolve my cards and pets I invested because I know that there will be demand in the market once the games took off, so in my part, I consider this gambling because I expect to profit from my investment if I am dedicated to leveling up my pets and playing to enjoy then it's more on a recreation for me, not gambling ort investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: molsewid on August 18, 2021, 07:02:12 AM

If you're talking about years, most probably majority of the players have already made huge ROI.
I agree, Axie's price is no joke for a single team, but the amount of ROI is achievable in a 2 month maximum span.
I have seen people investing to Axie, they haven't lost their investment because the value of SLP or AXS has dropped or Axie itself has collapsed, but because they don't have the basic idea how seed phrases worked and they got scammed by phishing website and fake wallets.

If you're talking about the sustainability of the game, then I can guarantee you it will last longer than you expect. Maybe the SLP or AXS will gradually drop it's value but the game is still there. Also, the devs are trying everything they can to make the game economy sustainable in the long run. So, I don't see any "high gamble-like risk" in this game.

To be honest I believe that all those who have invested in Axie earlier this year have had take already their return of investment because this year this NFT game have made a remarkable skyrocket price. I think way back at the earlier days of this year the axie pet price wasn't that cost much but now the floor price triple compare to the last time I bought and it is not a joke to invest in this NFT game because it really need a huge amount but on the other hand it is worth but since the value of SLP today is dropped I don't know how long will take to get ROI of those late investors but still the token has a value and that is fair enough so i don't see any high risks in NFT to be honest.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oasisman on August 18, 2021, 01:31:40 PM
~snip~

To be honest I believe that all those who have invested in Axie earlier this year have had take already their return of investment because this year this NFT game have made a remarkable skyrocket price. I think way back at the earlier days of this year the axie pet price wasn't that cost much but now the floor price triple compare to the last time I bought and it is not a joke to invest in this NFT game because it really need a huge amount but on the other hand it is worth but since the value of SLP today is dropped I don't know how long will take to get ROI of those late investors but still the token has a value and that is fair enough so i don't see any high risks in NFT to be honest.

Well, that still depends on the investor's risk appetite. If he thinks that the risk has now doubled this I guess staying out of it is the better choice. If an investor had his due diligence before putting his money to Axie, then I guess he'd have a better chance of getting into the game regardless of SLP's value.
Remember alts in the market had their corrections. Besides, SLP was below $0.11 back in March and that was the time when Axie became very popular. I am still optimistic that SLP will bounce back on the latter when the reward halving takes effect.


Title: Re: Are NFT games also another way to gamble your money?
Post by: LogitechMouse on August 18, 2021, 01:33:42 PM
Investing in NFT games especially in the new ones are like investing into meme coins.
For sure many invested into meme coins months ago right and many got their profits in a short amount of time. Unfortunately, many people lost their money too just by investing into those meme or shitcoins.

There is no difference here in NFT games. Investing into new NFT games is very risky and there will be some games who will make their way to rug pull but there are some who will continue their services and will become a successful NFT game. Investing in NFT games is for me considered gambling only if the game is new, kinda shady and not transparent. There are some NFT games out there who are established already like Axie Infinity.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 18, 2021, 02:57:25 PM
Investing in NFT games especially in the new ones are like investing into meme coins.
For sure many invested into meme coins months ago right and many got their profits in a short amount of time. Unfortunately, many people lost their money too just by investing into those meme or shitcoins.

There is no difference here in NFT games. Investing into new NFT games is very risky and there will be some games who will make their way to rug pull but there are some who will continue their services and will become a successful NFT game. Investing in NFT games is for me considered gambling only if the game is new, kinda shady and not transparent. There are some NFT games out there who are established already like Axie Infinity.

Said it right! If you failed to ride with the hot projects then you lose your opportunities to earned a lot,
It's your own opinion if how you percepts this kind of investment no one will held responsible aside from yourself.

Comparing this new trend from all those past hot and coolest ways of investment, this one attracts more people, most
are those who don't have any idea about crypto, but due to playtoearn  they are now inside this market.

Success depends from how you deal with your research and how willing you are to take the risk..


Title: Re: Are NFT games also another way to gamble your money?
Post by: zanezane on August 18, 2021, 03:18:58 PM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: DU18 on August 18, 2021, 04:02:06 PM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
Axie game is a game that is quite popular for crypto lovers this year, and even many of its users dare to spend a lot of money to play on the game and in my opinion the game really provides a pretty fun playing experience, moreover we have many options to be able to get tokens , in a way that players can breed it, raise, and fight Axies in the universe.


Title: Re: Are NFT games also another way to gamble your money?
Post by: worldofcoins on August 18, 2021, 09:26:07 PM
You are betting on the odds that the game's item that you own will be of much more value when you buy something in those NFT games so basically you are betting on the ods that aren't clearly specified but they exist.

It's quite hard to put this into classic gambling but gambling is most likely involved because the outcome of an item's value in the future is uncertain and it's similar to stocks.


Title: Re: Are NFT games also another way to gamble your money?
Post by: dunfida on August 18, 2021, 09:38:59 PM
You are betting on the odds that the game's item that you own will be of much more value when you buy something in those NFT games so basically you are betting on the ods that aren't clearly specified but they exist.

It's quite hard to put this into classic gambling but gambling is most likely involved because the outcome of an item's value in the future is uncertain and it's similar to stocks.
And thats a form of investment rather talking it as a gambling game specifically and people should at least know the difference among the two and shouldnt really be compared since both are different things.

Well, yes there might be some mixed of gamble since you are risking out your money on investing or buying these in-game items or something like that or simply with digital things but

you wouldnt know if these things will really be valuable later on or you would be simply just wasting off your time and money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: livingfree on August 18, 2021, 10:36:02 PM
What if the developers of the game like Axie will start to make their own PvP-betting platform and all you can bet, AXS, WETH, SLP and even our Axies. If the developers won't make such.

A casino that looks into it can make this very well. Just as the same as the Dota 2 lounge before when the items have been the bets, uncommon, commons, rare items that can be connected to the account and the same as the game of Axie. I think this is very possible and this is a truly gamble that involves huge amount of assets.
Possible but we dont know on what are theiir plans because its just too early to say that bookies would be listing out particular games knowing that Axie infinity isnt really still that big although they had currently
1,200,000+ active users.Dont know if its accurate considering that some people does have multi-accounts or in forms of scholarship.

We are just way too far off with those possible events that might happen in the future.It will always vary on the demand and further developments would be seen
depending on how it would progress out.
They have to add feature of being viewable top games so that bookies will have their reference. I've seen Jihoz tweeted about different products so I think they're also thinking about it.

Although, it's not included to the projects or products that he has posted but maybe there's an essence for it and they're looking after it too. But, they don't have to expose it right then.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 18, 2021, 10:37:38 PM
You are betting on the odds that the game's item that you own will be of much more value when you buy something in those NFT games so basically you are betting on the ods that aren't clearly specified but they exist.

It's quite hard to put this into classic gambling but gambling is most likely involved because the outcome of an item's value in the future is uncertain and it's similar to stocks.
And thats a form of investment rather talking it as a gambling game specifically and people should at least know the difference among the two and shouldnt really be compared since both are different things.

Well, yes there might be some mixed of gamble since you are risking out your money on investing or buying these in-game items or something like that or simply with digital things but

you wouldnt know if these things will really be valuable later on or you would be simply just wasting off your time and money.

Taking that into account mostly when we deal with investment, we are risking our money. But the fact remains that in investing you are betting with your knowledge and the way you foreseen the future of certain assets, while when you are into classic gambling you are more into luck though there are also basis or some info that you can use but most of the time luck is the one that influenced the outcome.

Opinion probably base from how you understand what you are doing and how you interpret or believe the difference and similarities of the two venues.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Twinkledoe on August 18, 2021, 11:07:52 PM
What if the developers of the game like Axie will start to make their own PvP-betting platform and all you can bet, AXS, WETH, SLP and even our Axies. If the developers won't make such.

A casino that looks into it can make this very well. Just as the same as the Dota 2 lounge before when the items have been the bets, uncommon, commons, rare items that can be connected to the account and the same as the game of Axie. I think this is very possible and this is a truly gamble that involves huge amount of assets.
Possible but we dont know on what are theiir plans because its just too early to say that bookies would be listing out particular games knowing that Axie infinity isnt really still that big although they had currently
1,200,000+ active users.Dont know if its accurate considering that some people does have multi-accounts or in forms of scholarship.

We are just way too far off with those possible events that might happen in the future.It will always vary on the demand and further developments would be seen
depending on how it would progress out.
They have to add feature of being viewable top games so that bookies will have their reference. I've seen Jihoz tweeted about different products so I think they're also thinking about it.

Although, it's not included to the projects or products that he has posted but maybe there's an essence for it and they're looking after it too. But, they don't have to expose it right then.

There's possibility that they may venture into that path but still early to tell. Right now, gamers are enjoying this game because of the profits that they are getting into this platform. The number of users are quite big so high likely that pvp betting may emerge first. This is interesting though.


Title: Re: Are NFT games also another way to gamble your money?
Post by: agustina2 on August 18, 2021, 11:48:08 PM
They have to add feature of being viewable top games so that bookies will have their reference. I've seen Jihoz tweeted about different products so I think they're also thinking about it. Although, it's not included to the projects or products that he has posted but maybe there's an essence for it and they're looking after it too. But, they don't have to expose it right then.

On that part, we can't consider the gambling is not within the NFT games themselves.

If listed on betting sites, it's just the same as betting on sports. It's very different from what the topic is generalizing that NFT games are like gambling our money where in fact, it's not gambling after all since we are managing it and making sure that profits are sure.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Cling18 on August 19, 2021, 04:45:06 AM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.

It isn't just about skills but the quality of the axies that you'll have. The rarest and purest are the most expensive ones. During the gameplay, these axies have the advantage. No matter how strategic you are if your cards aren't that strong, you'll surely lose most of the time. You really have to spend so you'll have an advantage over your opponents.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Poker Player on August 19, 2021, 04:54:26 AM
Taking that into account mostly when we deal with investment, we are risking our money. But the fact remains that in investing you are betting with your knowledge and the way you foreseen the future of certain assets, while when you are into classic gambling you are more into luck though there are also basis or some info that you can use but most of the time luck is the one that influenced the outcome.

Opinion probably base from how you understand what you are doing and how you interpret or believe the difference and similarities of the two venues.

That is the key. In knowledge. That difference you mention can be applied to many areas. Someone who buys shares, if he does so without knowledge, relying on the latest tip he has seen in a blog, is gambling. If he does it with great knowledge about the company and the market, he is investing. The same could be applied to poker, for example. If you play poker like you play roulette, you are gambling. So, yes, in NFT games it is perfectly possible to gamble.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Wexnident on August 19, 2021, 05:29:31 AM
Dont know on how they do assess on making out comparison which is clearly and  obviously different in terms of  risk and possible interest or outcome that  they could gain on  engaging into it.

Its clear as day that NFT games give out some chance for you to earn even though it isnt instant but at least you could really get something on  what you  had invest compared when you do play luck based games.

Investment is totally different with pure gambling gaming.So you should consider on  looking at  those qualities first on which one you do really need.
So since we're at it, let's differentiate the three. Investments are pretty much planned out moves that you would do, expecting something would happen that has a solid indication and basis, ofc it has part guess but it's still supported by information and whatnot (Sports gambling could also be included here ngl).

NFT games are Play to earn type of games, they simply make you play while you earn. Now this may seem like a scam or whatnot, but it actually isn't. See, the reason why it wasn't made even back then was because of the "unlimited" supply these types of games have, but with the right control of the supply, the resources in these types of games could really have their value, especially if said control was also included in the mechanics of the game (Like how Axie's need SLPs to breed). Let's be real, for anyone that has played any type of MMOs, people selling gold (or any ig currency for real money) are dime in a dozen.

Gambling games are, in the truest sense, luck-based type of games that give you an amount of money depending on the conditions you applied for. Simple as that. It can definitely give you more than NFT games or investments, but it can also make you lose more. They have both their pros and cons and tbh, NFT games being considered gambling isn't exactly wrong since it may just turn out to be an exit scam, but let's be real, any type of investment being scam is always applicable, whether it be in stocks, crypto, NFT's, or gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: RokokGudangGaram on August 19, 2021, 05:46:57 AM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 19, 2021, 09:57:04 AM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.

It isn't just about skills but the quality of the axies that you'll have. The rarest and purest are the most expensive ones. During the gameplay, these axies have the advantage. No matter how strategic you are if your cards aren't that strong, you'll surely lose most of the time. You really have to spend so you'll have an advantage over your opponents.

There's a need of spending more in order to have a good edge against your opponents,
not just the strategy but the rare types of your axies characters.

The good thing is when you have this kind of characters, your chance to win is better and it's worthy in the long run.
Just need to have good amount of money to invest, and time to fully understand the set up and to learn good strategy
to maximize your profits.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ultrloa on August 19, 2021, 10:03:01 AM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.

It isn't just about skills but the quality of the axies that you'll have. The rarest and purest are the most expensive ones. During the gameplay, these axies have the advantage. No matter how strategic you are if your cards aren't that strong, you'll surely lose most of the time. You really have to spend so you'll have an advantage over your opponents.

There's a need of spending more in order to have a good edge against your opponents,
not just the strategy but the rare types of your axies characters.

The good thing is when you have this kind of characters, your chance to win is better and it's worthy in the long run.
Just need to have good amount of money to invest, and time to fully understand the set up and to learn good strategy
to maximize your profits.

That's why you need to learn the cards effect so that you will know on what possible card to attack first when your opponent do something in their turns since knowing the weaknesses on each axies is a big plus since it can give huge damage to the opponent if you now how to placed your card properly. And expensive quality axies is really a must know specially in arena where the devs decide to put more rewards so expect that many people will adjust and became competitive.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Smartprofit on August 19, 2021, 10:10:17 AM
These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
We are investing to get more profit and its normal to think when will be the ROI if you are going to invest on that NFT games.
I don't know what's connection with this one to gambling but if the game tells you to risk something before you win, then that is more about gambling but if you are just going to invest and play the game like on AXIE, I don't see that one as gambling.

I would not call it gambling.  This is an investment with gambling elements.  In my opinion, such investments are more risky than conventional classic investments.  

Investing in stocks or cryptocurrencies, the investor usually gets a profit.  

Why?  

This is due to the fact that the modern financial system is inflationary.

Stocks and cryptocurrencies accumulate excess money supply, preventing it from entering the markets for goods (works, services).  Therefore, long-term investment is profitable.

In the situation under consideration, the elements of gambling built into the investment system do not guarantee the investor a profit.  

With this kind of investment, the investor falls prey to randomness and chaos.


Title: Re: Are NFT games also another way to gamble your money?
Post by: zanezane on August 19, 2021, 10:13:00 AM
~
Axie game is a game that is quite popular for crypto lovers this year, and even many of its users dare to spend a lot of money to play on the game and in my opinion the game really provides a pretty fun playing experience, moreover we have many options to be able to get tokens , in a way that players can breed it, raise, and fight Axies in the universe.
You're lying, there's only three ways to get tokens in Axie, Arena, Adventure and Daily Quest, it would be four if you include the rewards for going to the top. It's not that many but all that you've said is right but given that it's still in alpha stages, there's still a lot of things in store for Axie Infinity.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Jackl87 on August 19, 2021, 10:13:34 AM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
Axie game is a game that is quite popular for crypto lovers this year, and even many of its users dare to spend a lot of money to play on the game and in my opinion the game really provides a pretty fun playing experience, moreover we have many options to be able to get tokens , in a way that players can breed it, raise, and fight Axies in the universe.

If you also want to join and play axies infinity then you need to own at least 3 axies. The last time i checked 1 axie did cost around 300 $, which means you need to invest 900 $ to even start the game with the absolute minimal Equipment. To get that investment back if the prices for axies stay stable will probably take a few months and only after that you begin to make Profit. So i personally would not start with axies infinity now. If you do start now though then you basically make a bet that the prices of axies will remain stable or even grow within the next months so you can get your money back and add a little profit on top.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dread Pirate Roberts on August 19, 2021, 12:53:31 PM
If you also want to join and play axies infinity then you need to own at least 3 axies. The last time i checked 1 axie did cost around 300 $, which means you need to invest 900 $ to even start the game with the absolute minimal Equipment.

before the price of axie goes up, you can still buy $20-100 per axie. now because the price is quite high compare few month ago its become another consideration to starting. but so far, axie still offers many things, such as there will be many updates in the future thats makes axie ecosystem is still worth it to join from now.


Title: Re: Are NFT games also another way to gamble your money?
Post by: KTChampions on August 19, 2021, 01:04:39 PM
If you also want to join and play axies infinity then you need to own at least 3 axies. The last time i checked 1 axie did cost around 300 $, which means you need to invest 900 $ to even start the game with the absolute minimal Equipment.
before the price of axie goes up, you can still buy $20-100 per axie. now because the price is quite high compare few month ago its become another consideration to starting. but so far, axie still offers many things, such as there will be many updates in the future thats makes axie ecosystem is still worth it to join from now.

Any game that wants to develop should offer something free to start with. Even the $ 60-300 entry threshold is fatal in my opinion. If at the moment you need to spend $ 900 to start the game, then this is absurd and this state of affairs will harm the game. I am sure that soon there will be cheaper or even free analogs that will squeeze this game out of the market.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Lanatsa on August 19, 2021, 03:46:28 PM
If you also want to join and play axies infinity then you need to own at least 3 axies. The last time i checked 1 axie did cost around 300 $, which means you need to invest 900 $ to even start the game with the absolute minimal Equipment.

before the price of axie goes up, you can still buy $20-100 per axie. now because the price is quite high compare few month ago its become another consideration to starting. but so far, axie still offers many things, such as there will be many updates in the future thats makes axie ecosystem is still worth it to join from now.
Lucky for those who had purchased axies when it wasn't still a play to earn thing which they do say that each axies do really cost $20 above and now when the time it got hyped then those prices do changed up and even that having staggering $1000 each when SLP is on its peak.

This is one of the advantage when you do really get in early or one of the pioneers of certain projects if it does have the potential to rise up in  the future.
You could really be rich or neither do get or make big profits that you we're never been expecting on.


Title: Re: Are NFT games also another way to gamble your money?
Post by: maju69 on August 19, 2021, 04:10:24 PM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.

Even then, if the NFT game project has many users and has a large enough size, many developers will be left behind because they are silent and do not have good judgment. Between having to gamble or playing NFT games, it comes down to user preferences. And we still persist in gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: South Park on August 19, 2021, 05:31:30 PM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oilacris on August 19, 2021, 05:39:36 PM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.
Seen lots of people just dive in just because of the hype on where they do end up on playing games directly without even trying to look on whose the team behind or the developer.Did see some rug pull projects which is really sad into those who do lost up big or tons of money when the owner had ran off all of those investments.

This is one of the risk when you do deal into something not just on NFT games but also with other forms of investment as well here on crypto market.Gambling on the essence that you are risking your
money but at least you could really make out some advantage if you had done your assignment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 19, 2021, 07:15:40 PM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.
Seen lots of people just dive in just because of the hype on where they do end up on playing games directly without even trying to look on whose the team behind or the developer.Did see some rug pull projects which is really sad into those who do lost up big or tons of money when the owner had ran off all of those investments.

This is one of the risk when you do deal into something not just on NFT games but also with other forms of investment as well here on crypto market.Gambling on the essence that you are risking your
money but at least you could really make out some advantage if you had done your assignment.
If you are good at dealing with research and expect the good potential of a particular project, the chance for you to earn is high, but if you are just being moved by those hypes, expect that along the way you'll lose your money.

Another type of investment where risk is really present but if you are done with doing your DYOR and you see that there's a good team behind the project.

The chance for you to receive a good amount of compensation is there. Follow the team, it will add more ideas to what future will bring to your investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: YuginKadoya on August 19, 2021, 07:30:58 PM
Well, this is just my opinion if you have invested in 1 of these NFT games and you surely don't have access to the future it is surely a gamble because each and every game that will eventually have earnings in the future or has earned right now, can surely run off with your money with them, they can surely promise a lot but it can eventually become a scam without you even noticing it, but if there are scam project there are surely legit once, and currently, I have invested with My Defi Pet, but I sure don't recommend any of you investing in it, I am saying invest responsibly just like gambling responsibly and a part of a gambling feature in this game is the random pet you can get when you bought an egg, you will never know if the pet will be a rare or not.


Title: Re: Are NFT games also another way to gamble your money?
Post by: livingfree on August 19, 2021, 08:21:25 PM
They have to add feature of being viewable top games so that bookies will have their reference. I've seen Jihoz tweeted about different products so I think they're also thinking about it. Although, it's not included to the projects or products that he has posted but maybe there's an essence for it and they're looking after it too. But, they don't have to expose it right then.

On that part, we can't consider the gambling is not within the NFT games themselves.

If listed on betting sites, it's just the same as betting on sports. It's very different from what the topic is generalizing that NFT games are like gambling our money where in fact, it's not gambling after all since we are managing it and making sure that profits are sure.
It's about the feature.

We have already distinguished investing in NFT and gambling with those items and in-game rewards that are also cryptocurrencies. And I've given some example on my past post about it.

I think it's a good idea for them to add that soon.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Johnyz on August 19, 2021, 09:54:07 PM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.

Even then, if the NFT game project has many users and has a large enough size, many developers will be left behind because they are silent and do not have good judgment. Between having to gamble or playing NFT games, it comes down to user preferences. And we still persist in gambling.
That's right, this will still depend on how you see that NFT games but technically, those are not gambling its just you need to spend first before you able to get something in return and in some games, your gain is guaranteed since you can farm their own token that already has its value. If you think NFT tokens are too expensive and if that game is too expensive, better to wait for the price to dump before you invest.


Title: Re: Are NFT games also another way to gamble your money?
Post by: YuginKadoya on August 19, 2021, 10:08:11 PM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.

Even then, if the NFT game project has many users and has a large enough size, many developers will be left behind because they are silent and do not have good judgment. Between having to gamble or playing NFT games, it comes down to user preferences. And we still persist in gambling.
That's right, this will still depend on how you see that NFT games but technically, those are not gambling its just you need to spend first before you able to get something in return and in some games, your gain is guaranteed since you can farm their own token that already has its value. If you think NFT tokens are too expensive and if that game is too expensive, better to wait for the price to dump before you invest.

It is not totally gambling per se, but a gamble on what may happen next in an NFT project is it going to be a success or a fail, the Author has said that it may be another way of gambling but not totally gambling like in a casino but I think is like a medium that surely NFT games sometimes have an element of gambling, just like in RNG pulls, example in Axie infinity the cards that you are pulling are all random, you can never know if you would pull a combo or not, in My Defi Pet, like I have said random pets will be given to you when you buy an egg.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Quidat on August 19, 2021, 10:55:42 PM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.

Even then, if the NFT game project has many users and has a large enough size, many developers will be left behind because they are silent and do not have good judgment. Between having to gamble or playing NFT games, it comes down to user preferences. And we still persist in gambling.
That's right, this will still depend on how you see that NFT games but technically, those are not gambling its just you need to spend first before you able to get something in return and in some games, your gain is guaranteed since you can farm their own token that already has its value. If you think NFT tokens are too expensive and if that game is too expensive, better to wait for the price to dump before you invest.
Profit isnt giving any assurance but its just dumb for someone on investing into something which they dont consider out first if they do already have the token that people could really able to exchange on.
Gambling and Playing games  had some differences comparing on how its been done but in the sense with the risk had been put up then you could say that it is really just the same on that sense.
Worth or not will really be depending on someones jurisdication if he do find out that it is really beneficial for him or not because not all will be having the same view.


Title: Re: Are NFT games also another way to gamble your money?
Post by: paxmao on August 19, 2021, 11:41:21 PM
The classic question about what is betting and what is investing. To be honest, I would like to say that there is a clear limit between the two but it is quite a blurred divide rather that something that is subject to definitions. I mostly consider that investing in, e.g. ETFs, is related to buying assets that are related to a productive activity that yields certain results.

For example, buying gold is betting or speculating, while buying stocks of Google is more like investing. This is admittedly very questionable.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Peanutswar on August 19, 2021, 11:41:45 PM
IMHO it is an investment but they are the same with gambling because you are trying to risk your money and time too but it's not too much a risk because by this you need to keep yourself knowledgeable regarding the NFT game you want to invest with. If you don't see this game in any future why not step back and take the risk but if you think it's a good future investment why not try and take risks it's part of life. High risk-reward.


Title: Re: Are NFT games also another way to gamble your money?
Post by: timerland on August 20, 2021, 12:01:46 AM
I see it differently based on the nature of the project.

Stuff like pulling cards are completely random and therefore probably can be considered as gambling. Whereas picking individual projects to invest in does not necessarily constitute gambling in the traditional sense as if you have the right networks and insight you can certainly gain an edge over the rest of the crowd.

Is the latter still risky? Absolutely. But there are certainly prolific NFT investors that have shown that they have the strategy/platform to consistently pick winners - so it's speculation at best.


Title: Re: Are NFT games also another way to gamble your money?
Post by: uneng on August 20, 2021, 12:42:32 AM
IMHO it is an investment but they are the same with gambling because you are trying to risk your money and time too but it's not too much a risk because by this you need to keep yourself knowledgeable regarding the NFT game you want to invest with. If you don't see this game in any future why not step back and take the risk but if you think it's a good future investment why not try and take risks it's part of life. High risk-reward.
It's not too risky depending the game. If it's a well developed game which people also play for fun and because the game is good the risk is lower. But if the game is just like a common site where players click few times a day to collect daily income then the risk is much higher. It's like low and high risk bets. Between both options I think it's better to invest in the first category, because they tend to last longer and make more success on long run.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Oilacris on August 20, 2021, 10:29:52 AM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.
Seen lots of people just dive in just because of the hype on where they do end up on playing games directly without even trying to look on whose the team behind or the developer.Did see some rug pull projects which is really sad into those who do lost up big or tons of money when the owner had ran off all of those investments.

This is one of the risk when you do deal into something not just on NFT games but also with other forms of investment as well here on crypto market.Gambling on the essence that you are risking your
money but at least you could really make out some advantage if you had done your assignment.
If you are good at dealing with research and expect the good potential of a particular project, the chance for you to earn is high, but if you are just being moved by those hypes, expect that along the way you'll lose your money.

Another type of investment where risk is really present but if you are done with doing your DYOR and you see that there's a good team behind the project.

The chance for you to receive a good amount of compensation is there. Follow the team, it will add more ideas to what future will bring to your investment.
Actually its really just too easy to say but choosing the best one would really be a hard thing to be considered but using up your common would also help on making out decisions specially to this.

You could at least make out presumptions that it would have potential.I do normally check out on their whitepaper and roadmap and look if they do actually able to follow it or else i would simply skip it.

For initial phase or talking literally into those games which had recently started then its hard to determine but somehow you can look basing up on UI/UX itself it its really worth the risk.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dread Pirate Roberts on August 20, 2021, 12:11:54 PM
It's not too risky depending the game. If it's a well developed game which people also play for fun and because the game is good the risk is lower. But if the game is just like a common site where players click few times a day to collect daily income then the risk is much higher. It's like low and high risk bets. Between both options I think it's better to invest in the first category, because they tend to last longer and make more success on long run.
Most of NFT games are built for their user ecosystem and not for players risk their money. so yes nft are less risk than gambling . the concept is play to earn. and of course capital is needed to start because basically this is a financial investment in a gaming system. maybe there is an NFT that provides gambling features like that. but what is popular today in NFT games are offers more user play to earn.


Title: Re: Are NFT games also another way to gamble your money?
Post by: ultrloa on August 20, 2021, 12:19:47 PM
I don't think not all of them, most of them involve some form of strategy so it already discounts the fact that NFT games are a way to gamble money. Take Axie Infinity for example, it's a skill based game with an element of chance in terms of cards, critical hit and skill of the opponent so it's not gambling.
I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.
Seen lots of people just dive in just because of the hype on where they do end up on playing games directly without even trying to look on whose the team behind or the developer.Did see some rug pull projects which is really sad into those who do lost up big or tons of money when the owner had ran off all of those investments.

This is one of the risk when you do deal into something not just on NFT games but also with other forms of investment as well here on crypto market.Gambling on the essence that you are risking your
money but at least you could really make out some advantage if you had done your assignment.
If you are good at dealing with research and expect the good potential of a particular project, the chance for you to earn is high, but if you are just being moved by those hypes, expect that along the way you'll lose your money.

Another type of investment where risk is really present but if you are done with doing your DYOR and you see that there's a good team behind the project.

The chance for you to receive a good amount of compensation is there. Follow the team, it will add more ideas to what future will bring to your investment.

All type of investment is so risky so even if we Do our research still we cannot eliminate the risk but as long as we are riding the hype and go with those project who have good liquidities then provably we can get a little assurance that they will not rug pull easily and stay for quite sometime. Also always think about when investing is invest only what we can afford to lose and forget our money when we are in the platform so that we will not get hurt when all things goes bad between your investments.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Wexnident on August 20, 2021, 01:00:59 PM
Actually its really just too easy to say but choosing the best one would really be a hard thing to be considered but using up your common would also help on making out decisions specially to this.

You could at least make out presumptions that it would have potential.I do normally check out on their whitepaper and roadmap and look if they do actually able to follow it or else i would simply skip it.

For initial phase or talking literally into those games which had recently started then its hard to determine but somehow you can look basing up on UI/UX itself it its really worth the risk.
On the other hand, though, most nft projects bring about the biggest profits at the initial launch. Mostly because most of the stuff that's happening right now is being hyped and most people are just entering everything literally at day one since they believe that every nft is a chance to make money. It is though but in the long run? It's too early to say I'd reckon. Look at Axie Infinity, it took quite a while for it to boom, experienced a high period, then dropped off slowly, until they release more content.


Title: Re: Are NFT games also another way to gamble your money?
Post by: maju69 on August 20, 2021, 02:53:04 PM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.

Even then, if the NFT game project has many users and has a large enough size, many developers will be left behind because they are silent and do not have good judgment. Between having to gamble or playing NFT games, it comes down to user preferences. And we still persist in gambling.
That's right, this will still depend on how you see that NFT games but technically, those are not gambling its just you need to spend first before you able to get something in return and in some games, your gain is guaranteed since you can farm their own token that already has its value. If you think NFT tokens are too expensive and if that game is too expensive, better to wait for the price to dump before you invest.

Because most of today's NFT Games are actually very fun and can't really be said to be completely gambling. We are still playing and benefiting from NFT which can be employed such as completing tasks, some even doing mining. I'm currently using it to mine some tokens that can be traded on their own site and that's very profitable.


Title: Re: Are NFT games also another way to gamble your money?
Post by: RokokGudangGaram on August 20, 2021, 04:45:43 PM
For me I think it's more better than gambling i think this NFT is more like an investment though of course there's still a risk, I see some NFT that offers high APY and gets abandoned by their developers and some NFT that its coin crashes too bad for people who bought NFT characters when the price is high, so more likely there's a risk but unlike gambling in long term you can earn profit in NFT.

Even then, if the NFT game project has many users and has a large enough size, many developers will be left behind because they are silent and do not have good judgment. Between having to gamble or playing NFT games, it comes down to user preferences. And we still persist in gambling.
That's right, this will still depend on how you see that NFT games but technically, those are not gambling its just you need to spend first before you able to get something in return and in some games, your gain is guaranteed since you can farm their own token that already has its value. If you think NFT tokens are too expensive and if that game is too expensive, better to wait for the price to dump before you invest.

Because most of today's NFT Games are actually very fun and can't really be said to be completely gambling. We are still playing and benefiting from NFT which can be employed such as completing tasks, some even doing mining. I'm currently using it to mine some tokens that can be traded on their own site and that's very profitable.

It will be dependent on how a user see and choose to use NFT. And I am glad to know that we are one on the thought that it is an actual game that is fun, flexible, and can be profitable as well for the players of the game.



Title: Re: Are NFT games also another way to gamble your money?
Post by: KTChampions on August 20, 2021, 05:23:58 PM
I see it differently based on the nature of the project.

Stuff like pulling cards are completely random and therefore probably can be considered as gambling. Whereas picking individual projects to invest in does not necessarily constitute gambling in the traditional sense as if you have the right networks and insight you can certainly gain an edge over the rest of the crowd.

Is the latter still risky? Absolutely. But there are certainly prolific NFT investors that have shown that they have the strategy/platform to consistently pick winners - so it's speculation at best.

I think the majority of successful NTF investments (whether it's a game or just individual NTFs) is most likely insider trading. This area is practically not regulated in any way and nothing prevents large players from making their own project and then imitating its popularity with the help of bots and fake transactions. In a growing market, this is pretty easy.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on August 20, 2021, 06:29:58 PM

All type of investment is so risky so even if we Do our research still we cannot eliminate the risk but as long as we are riding the hype and go with those project who have good liquidities then provably we can get a little assurance that they will not rug pull easily and stay for quite sometime. Also always think about when investing is invest only what we can afford to lose and forget our money when we are in the platform so that we will not get hurt when all things goes bad between your investments.

Said it right! Nothing is sure in terms of investment, not even you completely deal with your research chances that the project will fail still possible, there are good team at the start but in long process they also runaway with investors' money.

If you ride with the right train though your chance is great, like what's happening with Axie most of those who ride are getting decent profits and they really enjoying it.

Investment is for those who can take and handle the risk, but more for those who are wise who know how to pick the right ride. ;D ;)


Title: Re: Are NFT games also another way to gamble your money?
Post by: uneng on August 20, 2021, 06:31:51 PM
It's not too risky depending the game. If it's a well developed game which people also play for fun and because the game is good the risk is lower. But if the game is just like a common site where players click few times a day to collect daily income then the risk is much higher. It's like low and high risk bets. Between both options I think it's better to invest in the first category, because they tend to last longer and make more success on long run.
Most of NFT games are built for their user ecosystem and not for players risk their money. so yes nft are less risk than gambling . the concept is play to earn. and of course capital is needed to start because basically this is a financial investment in a gaming system. maybe there is an NFT that provides gambling features like that. but what is popular today in NFT games are offers more user play to earn.
You need to be careful because although they say the concept is play to earn, most of these *games* don't have any real gameplay. As I said, you just click in a common site few times a day to collect your daily income and that is a big red flag, since ponzi schemes can use this same concept: high earnings promises, poor developed site claiming to be a game, constant appeal to bring more players to the platform...
I think legit NFT games are actually a minority right now and even by investing on the legit ones you are risking your money, so it's a kind of gambling anyway.


Title: Re: Are NFT games also another way to gamble your money?
Post by: molsewid on August 22, 2021, 07:38:08 AM
You need to be careful because although they say the concept is play to earn, most of these *games* don't have any real gameplay. As I said, you just click in a common site few times a day to collect your daily income and that is a big red flag, since ponzi schemes can use this same concept: high earnings promises, poor developed site claiming to be a game, constant appeal to bring more players to the platform...
I think legit NFT games are actually a minority right now and even by investing on the legit ones you are risking your money, so it's a kind of gambling anyway.

Now, NFT games were in a hype and every exchanges were reporting that the most trending token today were almost associated with NFT games that features a "play to earn" concept. Many of this NFT games were now open to play to earn and so far many people that was an early investors of these projects so far took already their return of investments, however there are also some new NFT game projects that catch already many investors however the "play to earn" is not yet open. But so far, this kind of projects is just a good project and I think it's worth it for investment but of course be ready to take the risks.


Title: Re: Are NFT games also another way to gamble your money?
Post by: lienfaye on August 22, 2021, 07:59:37 AM
You need to be careful because although they say the concept is play to earn, most of these *games* don't have any real gameplay. As I said, you just click in a common site few times a day to collect your daily income and that is a big red flag, since ponzi schemes can use this same concept: high earnings promises, poor developed site claiming to be a game, constant appeal to bring more players to the platform...
I think legit NFT games are actually a minority right now and even by investing on the legit ones you are risking your money, so it's a kind of gambling anyway.

Now, NFT games were in a hype and every exchanges were reporting that the most trending token today were almost associated with NFT games that features a "play to earn" concept. Many of this NFT games were now open to play to earn and so far many people that was an early investors of these projects so far took already their return of investments, however there are also some new NFT game projects that catch already many investors however the "play to earn" is not yet open. But so far, this kind of projects is just a good project and I think it's worth it for investment but of course be ready to take the risks.
Many people are showing interest with NFT games because aside from investing on their tokens (and possible gain from it in the future), the additional way to earn while playing their games are really attractive.

Thats why even other projects are not yet opening their play to earn feature, investors are already taking advantage by engaging themselves while its still cheap.

It has risk so yes its gambling, playing games while investing on the tokens are profitable if you happen to hit the right project to invest your hard-earned money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: smyslov on August 22, 2021, 08:03:49 AM

It has risk so yes its gambling, playing games while investing on the tokens are profitable if you happen to hit the right project to invest your hard-earned money.

DPET boss fight event was such a huge failure many incurred big fees without return of their investment and many are crying foul and disappointed because the developers are not yet ready for a massive transaction that so many transactions failed but they are charged I consider these NFT as gambling, you have to invest to earn here and the play to earn features are not yet launched if you don't consider this as gambling then only Join when they have it and when the price is already high.


Title: Re: Are NFT games also another way to gamble your money?
Post by: JohnBitCo on August 22, 2021, 08:43:12 AM
It's not too risky depending the game. If it's a well developed game which people also play for fun and because the game is good the risk is lower. But if the game is just like a common site where players click few times a day to collect daily income then the risk is much higher. It's like low and high risk bets. Between both options I think it's better to invest in the first category, because they tend to last longer and make more success on long run.
Most of NFT games are built for their user ecosystem and not for players risk their money. so yes nft are less risk than gambling . the concept is play to earn. and of course capital is needed to start because basically this is a financial investment in a gaming system. maybe there is an NFT that provides gambling features like that. but what is popular today in NFT games are offers more user play to earn.
You need to be careful because although they say the concept is play to earn, most of these *games* don't have any real gameplay. As I said, you just click in a common site few times a day to collect your daily income and that is a big red flag, since ponzi schemes can use this same concept: high earnings promises, poor developed site claiming to be a game, constant appeal to bring more players to the platform...
I think legit NFT games are actually a minority right now and even by investing on the legit ones you are risking your money, so it's a kind of gambling anyway.

NFT games can give you big return if you are able to choose between the good and the bad. Because of the recent trend of NFT games, there are many fake games in the market which are made to get money from you and have no future. You should not invest in these types of games and only look to invest in games which are legit and have good feedback from the players.


Title: Re: Are NFT games also another way to gamble your money?
Post by: maju69 on August 22, 2021, 01:06:23 PM
It will be dependent on how a user see and choose to use NFT. And I am glad to know that we are one on the thought that it is an actual game that is fun, flexible, and can be profitable as well for the players of the game.


One of the Games I'm trying to work on is quite fun, and before launch we've done some mining using the NFT, we can sell it as well we can hire it to generate GFT Tokens. The more rare it will guarantee the price. Maybe that's my thinking where NFT is more about development which can't be called gambling.

If you want to try it then you can learn about NFT https://github.com/GameFantasyDev/StarLinkBetaTest/blob/main/GameGuide-EN.md


Title: Re: Are NFT games also another way to gamble your money?
Post by: pawanjain on August 22, 2021, 03:06:49 PM
If you look at it from that perspective then everything is pretty much a gamble.
For example : You invest in any particular coin then you are taking the risk and hoping for it to increase in price over the years.

NFT doesn't have anything to do with gambling itself and it's just a way of representing a particular thing.
And yes, NFTs can also be gambled because when you buy it you are putting your money at risk and hoping that someone else would buy it from you at a higher price.
That's ofcourse if you are buying to make a profit out of it and not just to showcase.


Title: Re: Are NFT games also another way to gamble your money?
Post by: KTChampions on August 22, 2021, 03:32:59 PM
NFT games can give you big return if you are able to choose between the good and the bad. Because of the recent trend of NFT games, there are many fake games in the market which are made to get money from you and have no future. You should not invest in these types of games and only look to invest in games which are legit and have good feedback from the players.

Good advice! Like selling on highs, buy on low  ;) In fact, it is quite difficult to understand which project is serious and will arouse public interest and which is a dummy, especially at an early stage. And after it is already clear that the project is working and it is promising, it is too late to make investments, since the prices are already high. By the way, maybe you can advise projects that would be worth paying attention to?


Title: Re: Are NFT games also another way to gamble your money?
Post by: finaleshot2016 on August 22, 2021, 03:42:39 PM
NFT and play to earn are considered gambling they are in the market and because they are in the market they are considered investment and investment in Cryptocurrency is considered gambling, that is why we have this saying only invest what you can afford to lose, I invested in 3 NFT and waiting for their development I know it's gambling and I take the risk just like I do when playing in a gambling site.
I also invested in an NFT game called MIST, which is an MMORPG game, and I believe it will be successful soon because it is a popular game type. It's also an investment, and I'd like to risk a tiny portion of my funds on it because it's still in development and has the potential to grow in the future. I'm hoping that this game will provide me with a quick return on investment, allowing me to reap the benefits of being an early investor in an NFT game.


Title: Re: Are NFT games also another way to gamble your money?
Post by: KTChampions on August 23, 2021, 09:13:52 AM
I also invested in an NFT game called MIST, which is an MMORPG game, and I believe it will be successful soon because it is a popular game type. It's also an investment, and I'd like to risk a tiny portion of my funds on it because it's still in development and has the potential to grow in the future. I'm hoping that this game will provide me with a quick return on investment, allowing me to reap the benefits of being an early investor in an NFT game.

Have you participated in ICO? I looked at the distribution of the project tokens here and it does not seem optimistic to me in terms of price growth  https://coinmarketcap.com/currencies/mist/ico/ - The overwhelming majority of tokens are controlled by the project team and early investors; this does not cause a desire to invest in the project.


Title: Re: Are NFT games also another way to gamble your money?
Post by: CryptoG99 on August 23, 2021, 02:16:58 PM
Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like to use Colosseum Cards as a current example. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dedewahyu on August 23, 2021, 02:24:41 PM
I always do research in making decisions, for me not all NFT games are bad, one of which Project Itam with its Middleware will launch the Lime Odissey M game, an MMORPG game based on play to earn, and this game can be played for free. there is no difference all players can get the playtoearn, every NFT that is obtained from the game, can be staked to get LimeM coins. for ROI problems, I think this game will quickly achieve ROI.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Pelana vreo on August 23, 2021, 02:30:34 PM
I have 2 NFT game characters, and currently in Demo version but in the next 3 weeks the game will be released, this project has a NFT trading platform, so I bought it and yes, it seems when the number of demand is increasing and the number of game characters is limited then the price will go up, it's like trading in general, but NFT has value good artistic and digital art.
Etna.network have a great idea for #P2E games and I'm planning to do some more research on a new project that has a gaming platform.


Title: Re: Are NFT games also another way to gamble your money?
Post by: andireynold98 on August 23, 2021, 03:31:45 PM
Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like to use Colosseum Cards as a current example. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

Yes really love Colosseum Cars with their football players as NFT. Also that i heard they will release for a whole sports in the future, so this is really huge for those sport fans. I do really basketball rather than football so yeah, i will looking forward to Colosseum Card as well. Also with their feature that we can make a dream team for sure that i really love it


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on August 23, 2021, 03:52:40 PM
I always do research in making decisions, for me not all NFT games are bad, one of which Project Itam with its Middleware will launch the Lime Odissey M game, an MMORPG game based on play to earn, and this game can be played for free. there is no difference all players can get the playtoearn, every NFT that is obtained from the game, can be staked to get LimeM coins. for ROI problems, I think this game will quickly achieve ROI.

just make to do your research whatever NFT project you support as long as you do your job
it lessen the chance of making mistake in choosing the right one for you.

Play to earn still hot and lots of new projects are showing up from time to time.

Sorting and picking the best one always rely with your own decision after working with your study.

You are risking money how good the project might it be but with high confidence the chance to earn is very possible after.


Title: Re: Are NFT games also another way to gamble your money?
Post by: South Park on August 23, 2021, 09:14:02 PM
I will have to check the game but if you are using money and there is an element of chance there that is completely outside of your control then we could say that you are gambling, after all if we took out the name of the game and people were trying to guess what kind of game you were describing many people would have guessed poker as it is a game of skill in which probabilities still play a huge factor, and it seems this game could be under the same classification as poker.
Seen lots of people just dive in just because of the hype on where they do end up on playing games directly without even trying to look on whose the team behind or the developer.Did see some rug pull projects which is really sad into those who do lost up big or tons of money when the owner had ran off all of those investments.

This is one of the risk when you do deal into something not just on NFT games but also with other forms of investment as well here on crypto market.Gambling on the essence that you are risking your
money but at least you could really make out some advantage if you had done your assignment.
Unfortunately this is something that is happening a lot recently, I know that scams have always existed in this market as there is simply too much money and a lot of people give their money to projects that anyone will describe as a scam from the get go, however the NFT craze we are going through is completely crazy and quite honestly I do not see this improving any time soon as people want to get rich fast even if they have to risk losing all their capital in the process, which most of the time they do.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Mariaverde on August 24, 2021, 06:12:39 PM
Getting an NFT is like getting any other asset, just because it is digital doesn't make it any different.
Your asset is worth whatever someone else is willing to pay for it.
I like to use Colosseum Cards as a current example. In this upcoming NFT game you can get Football players as NFTs and use them within the game. No difference the collecting and trading magic or baseball cards back in the day. The only difference with Colosseum Cards, since they are digital, they can be traded worldwide, used in the utility of the "game" and also you as the original opener of the NFT card can get passive income when those cards are ever traded again.

I found that project and I think is really awesome and fun. You can earn passive income when your cards are traded.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Chathusand on September 20, 2021, 07:44:42 PM
I don't believe they're all of them; most of them include some sort of strategy, which eliminates the possibility that NFT games are a form of gambling. Consider Axie Infinity: it's a skill-based game with a chance element in the form of cards, critical hits, and opponent skill, but it's not gambling.


Title: Re: Are NFT games also another way to gamble your money?
Post by: the ghabbar on September 20, 2021, 08:15:22 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

That's why it is necessary to add weapons and characters that have been used to increase the chances of playing, the greater your chances of winning in this game, expertise is also needed in playing it, so it can be added with additions to existing weapons, whatever you play. will be driven to win, the risk will still be there from the gambling or betting you make, whatever it is you also need to be aware of it and must be able to reduce the risk.


Title: Re: Are NFT games also another way to gamble your money?
Post by: chichigirl on September 20, 2021, 11:27:05 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.


I don't think so the investing with NFT games is really good but still hoping that it is real and hoping that my investment with it may gain someday since i already take some risk and inveat with some NFT games.


Title: Re: Are NFT games also another way to gamble your money?
Post by: leea-1334 on September 21, 2021, 05:51:32 AM
I don't believe they're all of them; most of them include some sort of strategy, which eliminates the possibility that NFT games are a form of gambling. Consider Axie Infinity: it's a skill-based game with a chance element in the form of cards, critical hits, and opponent skill, but it's not gambling.

Skill-based at first maybe,,, but like most games like nowadays the grinder will always win. Spend more time (or more money) and you get more cards, more skills,,, and are always stronger than the guy who only logs in once per day.

If this is not gambling, that is, putting in your time in the hopes of gaining that <1% super rare skill on a loot box, I do not know what is  :P


Title: Re: Are NFT games also another way to gamble your money?
Post by: dhemasm on September 21, 2021, 06:11:19 AM
but like most games like nowadays the grinder will always win. Spend more time (or more money) and you get more cards, more skills,,, and are always stronger than the guy who only logs in once per day.
Nope, After playing some popular NFT games out there (Axie, Dragonary, Cryptozoon), People who spend more money will get always stronger and get more stuff comparing to people who grind, It was because we are limited by energy or anything like that to doing some stuff on the game so the people who spend more will always get stronger, Even like that there are some good games like MIR4 that basically give you chance to competing with other people that paying more money, we are still on early phase of NFT games and we will see some good games in the future for sure like Iluvium for example.


Title: Re: Are NFT games also another way to gamble your money?
Post by: kramchers on September 21, 2021, 07:34:46 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

I am all familiar with them, until now Dpet and CB(cryptoblade) is in the stage developing and yet there are so many community bought their tokens in the market.  After cryptoblade started there are so many NFT arise that copied the style or system of it, where the majority of them ended up in a short period of time only and a lot of investors lose their assets in the end. Even in Dpet, a lot of investors, bought this coin and yet no PVP or PVE. In short, both are just a piece of shit.  Sorry for the term.


Title: Re: Are NFT games also another way to gamble your money?
Post by: leea-1334 on September 22, 2021, 06:01:59 AM
but like most games like nowadays the grinder will always win. Spend more time (or more money) and you get more cards, more skills,,, and are always stronger than the guy who only logs in once per day.
Nope, After playing some popular NFT games out there (Axie, Dragonary, Cryptozoon), People who spend more money will get always stronger and get more stuff comparing to people who grind, It was because we are limited by energy or anything like that to doing some stuff on the game so the people who spend more will always get stronger, Even like that there are some good games like MIR4 that basically give you chance to competing with other people that paying more money, we are still on early phase of NFT games and we will see some good games in the future for sure like Iluvium for example.

Yes,,, that is what I said though if you look again at my response :)

The spender will always win (I said grinder but I meant either you grind money or you grind time). All of these fake games claim to be skill based and then they sell powerful items that grinders never can catch up with.

So if NFT games do not fix this broken thing,,, then the whole idea is still pointless.


Title: Re: Are NFT games also another way to gamble your money?
Post by: travwill on September 22, 2021, 06:44:13 PM
I think almost everything in the current market can be called gambling. Especially in cases where a person, not understanding the issue, acts on a whim after reading exclamation headings about NTF.
90% of NTFs are not bought and are useless. Those that buy usually buy 1 or 2 times. This is a beginner trap.


Title: Re: Are NFT games also another way to gamble your money?
Post by: SarangWallet on September 25, 2021, 07:59:44 PM
This is also a very serious gamble, you are still spending money, taking risks, and waiting to see if your money will grow or not. The type of gambling that you mean in playing this NFT game can be compared to investing in certain coins. You spend money, take risks and wait whether the value of the coin will appreciate and you will make a profit or not and you will incur a loss. It's basically the same as the NFT games you mentioned.


Title: Re: Are NFT games also another way to gamble your money?
Post by: lumierre on September 26, 2021, 03:53:11 AM
I think almost everything in the current market can be called gambling. Especially in cases where a person, not understanding the issue, acts on a whim after reading exclamation headings about NTF.
90% of NTFs are not bought and are useless. Those that buy usually buy 1 or 2 times. This is a beginner trap.
You are right that many people make their decisions just based on another's advice, without their own research and understanding of the situation.  People just enter the game to make money on it, they buy expensive things like axies in Axie Infinity, this way they spend 1200$, but they are not interested in the game itself, so it is a real risk when you don't understand and just follow the crowd.


Title: Re: Are NFT games also another way to gamble your money?
Post by: wissy on September 26, 2021, 10:52:22 AM
Unfortunately, there are so many knockoffs out there who just copy and modify the code a little. That's why its hard to predict, which game will be successful in the future. For now, i dont see any crypto game which would offer you addictive like content, which would keep players in. Until then, i dont see much promise in NTF games. 


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on September 26, 2021, 12:54:06 PM
This is also a very serious gamble, you are still spending money, taking risks, and waiting to see if your money will grow or not. The type of gambling that you mean in playing this NFT game can be compared to investing in certain coins. You spend money, take risks and wait whether the value of the coin will appreciate and you will make a profit or not and you will incur a loss. It's basically the same as the NFT games you mentioned.

More on investing since you are buying something in hope that the value will pump up.

Unlike gambling in which the outcome mostly negative, you play and try to win if luck is not there for you expect to lose your money,

with NFT if you enjoy the game and you managed to understand the whole concept your chance to earn decently is very possible.

A combination of luck and skills to grow your money.




Title: Re: Are NFT games also another way to gamble your money?
Post by: Galley on September 26, 2021, 06:39:46 PM
I play Splinterlands from time to time. I would not say that this is a gamble, although it is a card game. A little money, of course, was spent on it, and most likely it will not be returned to me, but I play for fun, not to earn money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: mulia sabee on September 26, 2021, 06:50:28 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

Yes, this is another way of risking your money because you are not sure if you will make a profit after buying NFT, I think this is an investment and is not considered a gamble like placing other bets. Seems like it's a lot different from gambling itself. but if you think of it as gambling then you need to also consider it, meaning don't think of trading as gambling!!


Title: Re: Are NFT games also another way to gamble your money?
Post by: ene1980 on September 26, 2021, 09:33:55 PM
I play Splinterlands from time to time. I would not say that this is a gamble, although it is a card game. A little money, of course, was spent on it, and most likely it will not be returned to me, but I play for fun, not to earn money.
If everyone has thing mindset when they are playing with money, then there wont be any complaints. I do play games once in a while and most probably i will be playing free games in casino and once i feel like playing it with money i tend to change and play with money. The issue with NFT games i see is that the transactions fees are really higher when i tried to play the game and hence even i never tried playing them. Once the fees goes down i will be playing the game.


Title: Re: Are NFT games also another way to gamble your money?
Post by: finaleshot2016 on September 26, 2021, 11:29:11 PM
I play Splinterlands from time to time. I would not say that this is a gamble, although it is a card game. A little money, of course, was spent on it, and most likely it will not be returned to me, but I play for fun, not to earn money.
If everyone has thing mindset when they are playing with money, then there wont be any complaints. I do play games once in a while and most probably i will be playing free games in casino and once i feel like playing it with money i tend to change and play with money. The issue with NFT games i see is that the transactions fees are really higher when i tried to play the game and hence even i never tried playing them. Once the fees goes down i will be playing the game.
I believe that fees are always determined by the blockchain. For example, because Axie Infinity is based on Ethereum, it is expected that transaction fees will be high. The most of the NFT games I'm playing are from BSC, where the fees aren't too high and can be handled by a low-investor. Try some other BSC games; I'm sure you'll enjoy them; I've been able to play a number of games because I have a lot of BNB and the prices are low. That's also why the BSC has the majority of the NFTs.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dr.Osh on September 27, 2021, 06:59:43 AM
I think yes with NFT games also another way to gamble our money because NFT like hype coin only exist few weeks later and then price of NFT coin dump almost 90%. You can see with many NFT game coins almost dump from cryptohund and only few NFT still exist like mbox have listed on Binance and AXIE NFT game, but not stable and price keep going down and not guarantee although success listed on Binance exchange, I have out from all NFT game and better not buy or invest with game coin right now.
IMO, if the project continues and is not a scam, NFT games are not the same as gambling. well, you play the game, and earn coins in it, and you can sell those coins. I think a lot of people have benefited from games like Axie Infinity. maybe quite a lot of coin dumps, but that's perfectly normal in the crypto world. token prices go up and down. Well, maybe everyone has a different view on this, but I don't see this as a gamble. although it is indeed risky, but most investments in altcoins are risky.
but again, I assume that NFT games are different from gambling, depending on the type of game.


Title: Re: Are NFT games also another way to gamble your money?
Post by: dhemasm on September 27, 2021, 07:27:46 AM
I think almost everything in the current market can be called gambling. Especially in cases where a person, not understanding the issue, acts on a whim after reading exclamation headings about NTF.
90% of NTFs are not bought and are useless. Those that buy usually buy 1 or 2 times. This is a beginner trap.
Agreed, Lot of NFT project out there right now didn't have any real use case especially games, You can see lot of NFT games right now have same economic and the gameplay itself didn't even fund and basically just copying the Axie Infinity Concept. I think it's normal since we are still on early phase but there are tons of good NFT concept out there and the if you want to play then i should recommend MIR4, Iluvium (Upcoming and Alice.


Title: Re: Are NFT games also another way to gamble your money?
Post by: MarjorieZimmermanGinger on September 27, 2021, 07:52:25 AM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.

Everything we do will definitely get a risk, usually every risk depends on the work pattern we apply, the greater the risk, the more careful we are when starting, opportunities must be created and capital must also return from what we bet, buying tokens at pre-sale is an act to think about or invest in the game in the hope that we will get profit as soon as possible, therefore we need to prepare everything to reach the level of success in crypto world.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Rahman11 on September 27, 2021, 07:55:47 AM
We live in exciting times where you can earn money by playing. In blockchain-based games, you can buy and trade in-game things as NFTs. There are already some highly expensive collectibles on the market today, such as in the game CryptoKitties.

Currently running top 5 nft games
Axie Infinity. Axie Infinity is probably the most popular NFT game around at the moment. ...
Sorare. Sorare is another one of the top 5 NFT games currently running. ...
Evolution Land. Evolution Land stands out on this list of the top 5 NFT games as it has a bit of a different approach. ...
Gods Unchained. ...
CryptoKitties.
Gaming and gambling are very similar activities; the gambling industry even uses these terms interchangeably. The main difference between the terms is that for gaming the outcome is achieved by skill, not chance, whereas for gambling, the opposite is true.


Title: Re: Are NFT games also another way to gamble your money?
Post by: LUCKMCFLY on September 27, 2021, 09:37:02 PM
I think almost everything in the current market can be called gambling. Especially in cases where a person, not understanding the issue, acts on a whim after reading exclamation headings about NTF.
90% of NTFs are not bought and are useless. Those that buy usually buy 1 or 2 times. This is a beginner trap.
You are right that many people make their decisions just based on another's advice, without their own research and understanding of the situation.  People just enter the game to make money on it, they buy expensive things like axies in Axie Infinity, this way they spend 1200$, but they are not interested in the game itself, so it is a real risk when you don't understand and just follow the crowd.

The best strategy I have found so far is with NFT games, those that are from the "Play to Earn" legacy, the best strategy that many apply is to buy at the presale, then sell at the public sale, and then re-buy a lot cheaper and with that money enter the NFT game until the game has a lot of FOMO and can sell what you invested, this is the fashion, it is for this reason that NFT games are so famous. As an example is Axie Infinity, Plant vs Undead, and there are many more, in fact those who could not enter their private and public sales are confused with the profits that the game can generate.


Title: Re: Are NFT games also another way to gamble your money?
Post by: mulia sabee on October 02, 2021, 06:21:54 PM
That is the definition of gambling if you are investing money into a company and expecting a return then that would be gambling because no investment is guaranteed a return. Taxing gambling and investments is different in some countries but the concept is the same.


Title: Re: Are NFT games also another way to gamble your money?
Post by: SacriFries11 on October 03, 2021, 10:25:35 AM
For me NFT games are gambling only if we put our own money in these games because we do not have any assurance that this money will grow since the thing we can earn through this game is also a crypto which price fluctuates. Yes there are already lot of people who gambled in NFTs and already get back their investment plus lots of profit.
But in my case since I am earning by being a scholar who does not used any of my own money to buy NFTs, I think it is not gambling. For me it is kinda blessing.


Title: Re: Are NFT games also another way to gamble your money?
Post by: OrangeII on October 03, 2021, 12:39:38 PM
That is the definition of gambling if you are investing money into a company and expecting a return then that would be gambling because no investment is guaranteed a return. Taxing gambling and investments is different in some countries but the concept is the same.

Gambling is not just talking about money but talking about the opportunities that exist, business opportunities sometimes have to be risked with speculation.
Speaking of luck, I think every investment requires that. in fact, in starting something, we don't know whether it will work or not. what I think in this matter is
- if you know the type of investment, and the direction of the development of the project, then it is called investment.
- If you don't know about it, and invest in it based on feelings, I think it's like gambling.
In this case, I don't think NFT games are gambling. for example, if we play Axie infinity, with pretty good characters, we can get slp every day by running quests in the game. In addition, you can mate your Axie to produce other Axie species. isn't that clear enough. would be different "if" it became a scam. then it turns into a scam investment, and that is very far from the definition of gambling.
However, there are types of games that are truly gambling genres such as poker and others. however, I think the difference between games like that we already understand enough.


Title: Re: Are NFT games also another way to gamble your money?
Post by: errorcode99 on October 03, 2021, 05:25:25 PM
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?


Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.

Splinterlands

https://d36mxiodymuqjm.cloudfront.net/website/home/splinterlands_logo_fx_1000.png

Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.

https://i1.wp.com/www.yugatech.com/wp-content/uploads/2021/07/CryptoBlades_2.png

Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.



https://cdn.bitpinas.com/wp-content/uploads/2021/07/18142729/my-defi-pet-philippines.jpg

These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
This NFT game is a new trend in the gaming market. There are more games available. But you can't really think of it as traditional gambling. It's like investing in stocks. You buy coins from them, invest them in the game to buy virtual items and sell them at a profit. So this is not really traditional gambling. But there are certain elements of gambling. This is a property trading game called Upland.


Title: Re: Are NFT games also another way to gamble your money?
Post by: finaleshot2016 on October 03, 2021, 05:50:26 PM
For me NFT games are gambling only if we put our own money in these games because we do not have any assurance that this money will grow since the thing we can earn through this game is also a crypto which price fluctuates. Yes there are already lot of people who gambled in NFTs and already get back their investment plus lots of profit.
But in my case since I am earning by being a scholar who does not used any of my own money to buy NFTs, I think it is not gambling. For me it is kinda blessing.
There are components of NFT games that are gambling; theoretically, all investments are gambling, but NFT game projects are transparent. What I mean is that if you believe that the game is feasible, that there is progress, and that there is a beta version of it, then the NFT game is highly worthwhile; there is no need to gamble because there is already an assurance that it will yield profit soon. Because, afaik, developing a game is quite difficult, so if they've already made progress on it, it means they're serious about the concept and want to make it a reality as soon as possible.


Title: Re: Are NFT games also another way to gamble your money?
Post by: alviemery96 on October 15, 2021, 11:54:32 PM
The games you are playing because not all of them are in the same position as others where there is less risk and yes they are definitely a gamble because you are relying on the exchange rate to stay stable until you get your money back in the first place. If a game project you start, your investment will return quite quickly, the later, the harder it is for you to get your investment back. My initial investment is like the latest AXIE NFT game now, before when I first joined the game it only took me 1 month to get my initial amount back and now the participant need a month and a half then or 2 months


Title: Re: Are NFT games also another way to gamble your money?
Post by: meldrio1 on October 17, 2021, 02:37:58 PM
Maybe it's another way to gamble but for me NFT games are kind of investments because surely you can get your capital back if you keep playing the game. NFT games are really good to earn extra money. Now there are many of them so more opportunities to make some money on NFT games..


Title: Re: Are NFT games also another way to gamble your money?
Post by: carlisle1 on October 17, 2021, 02:54:19 PM
Maybe it's another way to gamble but for me NFT games are kind of investments because surely you can get your capital back if you keep playing the game. NFT games are really good to earn extra money. Now there are many of them so more opportunities to make some money on NFT games..

Those play to earn games have that capabilities, but what is important before spending both your time and money into this game

is the knowledge that you have, chances of earning decently always depends from how good the developers are and how well you deal with your research.

The better research you did the bigger chances of succeeding from this investment. Some of those who invest are also enjoying the game they are just

treating the profits as extra, they are not affected much by changing value of rewards good thing for long term success.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Gayong88 on October 17, 2021, 03:23:39 PM
In my view, the booming of the NFT market in this game is inseparable from the boom of AXS, which has made NFT and Games extraordinary and an inspiration for other developers to try the same thing and for those who want to invest, it is strongly recommended that you do not choose randomly because if you make a mistake, your investment value will decline and it will not sell. . this is very normal if we learn from experience when you fall you will be stressed, it takes a very strong mentality if you want to buy crypto like this.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Dr.Osh on October 17, 2021, 03:44:57 PM
Maybe it's another way to gamble but for me NFT games are kind of investments because surely you can get your capital back if you keep playing the game. NFT games are really good to earn extra money. Now there are many of them so more opportunities to make some money on NFT games..

Those play to earn games have that capabilities, but what is important before spending both your time and money into this game

is the knowledge that you have, chances of earning decently always depends from how good the developers are and how well you deal with your research.

The better research you did the bigger chances of succeeding from this investment. Some of those who invest are also enjoying the game they are just

treating the profits as extra, they are not affected much by changing value of rewards good thing for long term success.
I also see it like any other type of investment. a lot of people play the game, and buy equipment or something to make the game character stronger, and earn nothing. it's just because they like to play games.
In this case, I see NFT games as providing opportunities for gamers to enjoy games and make money. No more parents saying that playing games is a waste of time. as long as the NFT game runs as it should, I don't think it's a type of gambling, even that is far from the word.


Title: Re: Are NFT games also another way to gamble your money?
Post by: susuberuang on October 17, 2021, 04:02:52 PM
Maybe it's another way to gamble but for me NFT games are kind of investments because surely you can get your capital back if you keep playing the game. NFT games are really good to earn extra money. Now there are many of them so more opportunities to make some money on NFT games..
It also takes a lot of time, my friend, because playing games continuously will also take up a lot of time and there will be no opportunity to do other work which is also more important to do.


Title: Re: Are NFT games also another way to gamble your money?
Post by: pjwaffle on October 27, 2021, 09:58:33 PM
It's very much like an investment but with rng factors it's basically close to how the investments are returned to you depending on how the stock or coin actually develops (previously chance based on the code and how the game works, the latter based on how good it is not). imagine if we all play together and win together it would be boring but if you always lose then all by itself is not profitable and NFT game if you want high profit you have to win very much. And if you lose, you will be the loser.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Rufsilf on October 28, 2021, 06:16:33 AM
Playing with NFT games with a risk of losing or desiring to gain a value either fiat or cryptocurrency is already considered as gambling. But I see NFT games are more of investment to me because it requires time, effort and money to eventually generate  profit from it especially when you are playing it rather than gambling and just wait for the outcome without the effort.

Many professional gamers nowadays are preferring to play with NFT to make money rather than just enjoying it.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Charles310 on November 09, 2021, 07:51:02 AM
That meant that the game was considered an illegal gambling operation. There are other successful NFT games in the market, such as Axie Infinity, which lets players buy and sell digital characters for a profit. ... NFTs use the transparent and secure digital ledger of blockchain to authenticate unique digital items.


Title: Re: Are NFT games also another way to gamble your money?
Post by: abralzain17 on November 09, 2021, 09:22:06 AM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.


Title: Re: Are NFT games also another way to gamble your money?
Post by: geegaw on November 09, 2021, 02:46:04 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.
You are only looking at a small picture of the NFT problem, players are not the most advantageous in the NFT product, most games require players to upgrade resources as well as in-game products with real money, in return, the daily income will be higher and bring a sense of advantage as you say but the value of crypto is not constant numbers, extremely large range of change when capitalization drops or is no longer added every day. NFTs are not potential tokens, they are just newcomers, we are depositing money and gambling on luck in a scientific way


Title: Re: Are NFT games also another way to gamble your money?
Post by: abralzain17 on November 09, 2021, 04:43:25 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.
You are only looking at a small picture of the NFT problem, players are not the most advantageous in the NFT product, most games require players to upgrade resources as well as in-game products with real money, in return, the daily income will be higher and bring a sense of advantage as you say but the value of crypto is not constant numbers, extremely large range of change when capitalization drops or is no longer added every day. NFTs are not potential tokens, they are just newcomers, we are depositing money and gambling on luck in a scientific way

How is it possible that NFT is not a Potential Token? it is possible that your opinion is not approved by many NFT users ! although Nft is a Newcomer but you can see how much NFt users have grown in the last one year, from that we can see the potential that NFT has


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on November 09, 2021, 07:40:54 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. ;)

But if you are just blindly investing without doing your research, the end point is losing your money. :P


Title: Re: Are NFT games also another way to gamble your money?
Post by: Kuzikuu on November 09, 2021, 07:49:56 PM
People are playing games without profit..
I imagine this being similar to generating your own ad revenue by switching browsers from chrome to brave. You can keep doing the same stuff, but passively make money at the same time. Nfts are more gambling because its like a slot machine when you mint. ¯\_(ツ)_/ ¯ you never know what you will get, but these new nft games are play to earn, which is more passive!


Title: Re: Are NFT games also another way to gamble your money?
Post by: JooBra on November 09, 2021, 07:53:45 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. ;)

But if you are just blindly investing without doing your research, the end point is losing your money. :P
NFT gaming is one if first implementations of blockchain and crypto in general. I did my research and invested in presale in some projects and it payed out good. Just looking at it in detail it will payy off big.


Title: Re: Are NFT games also another way to gamble your money?
Post by: abralzain17 on November 10, 2021, 10:35:31 AM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. ;)

But if you are just blindly investing without doing your research, the end point is losing your money. :P
yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: onecall123 on November 10, 2021, 03:12:46 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. ;)

But if you are just blindly investing without doing your research, the end point is losing your money. :P
yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.
In the Nft world, scratch off tickets have some utility, but mostly they do not, and they are worth only what they can be flipped for. The community is primarily made up of big toddlers and shill bots. It's just a matter of adding games term after NFT. NFTs and gaming go well together. Nfts' connection with gaming has become more obvious in recent days. So yeah, I'm not that crazy about nft games. You can research and if possible create your own Nft heaven and live there, it's up to you. There has been talk of using different NFTs across different games. Aren't all the crypto games so far absolutely lame?


Title: Re: Are NFT games also another way to gamble your money?
Post by: abralzain17 on November 12, 2021, 05:26:55 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. ;)

But if you are just blindly investing without doing your research, the end point is losing your money. :P
yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.
In the Nft world, scratch off tickets have some utility, but mostly they do not, and they are worth only what they can be flipped for. The community is primarily made up of big toddlers and shill bots. It's just a matter of adding games term after NFT. NFTs and gaming go well together. Nfts' connection with gaming has become more obvious in recent days. So yeah, I'm not that crazy about nft games. You can research and if possible create your own Nft heaven and live there, it's up to you. There has been talk of using different NFTs across different games. Aren't all the crypto games so far absolutely lame?
yes, it is very good i think if you are not too crazy about nft games, very good i think. because NFT is not only game-based, NFT also has unique and rare collectible items such as photos, digital paintings, songs, and memes. and of course Nft is a digital art that can make money.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Shagnasty on November 12, 2021, 07:13:32 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.


Title: Re: Are NFT games also another way to gamble your money?
Post by: AlexSnowSnow on November 13, 2021, 11:22:02 AM
Specifically, these games are quite similar to gambling, just a new shell, but there are other games that are not gambling but just scam, such as RAID, but this does not mean that all NFT games are like that, here in the topics you can find many interesting and cool projects


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on November 13, 2021, 05:20:51 PM
What we need to understand together is that NFT has many types and also has different networks, such as ERC20 and also Bsc, for now NFT games have become Trending in the game market because they have so many games, but the difference is that NFT games can give the Player a big advantage, I don't think it's a gamble.

A risk maybe much better term to use and not a gamble, if you pick the right NFT games and you enjoy the Play to earn feature your money will increase to more than a fold, while if you mistakenly invest with NFT games especially if you failed to ride with the hypes, the outcome is not going to favor your investment.

It's your assessment that matter, if you know how to segregate good projects, the chance to repeatedly earn from NFT games is possible. ;)

But if you are just blindly investing without doing your research, the end point is losing your money. :P
yes, what you say is true. everything that is done in crypto certainly has a risk but the risk is much better when compared to gambling. Investing in NFT for example, of course there will be risks for someone if they do not understand it. and I think all friends who invest in their NFT have done analysis and research on the selected NFT game to avoid losing their money.

If being done, then it's good for them to avoid or to lessen the chance of being scam and lose their investment. Everything that being done with good research most of the time succeeds from this venue of investment. We all witness the time where the hypes of P2E gamings are really hyping so wild. There are games based on NFT that went so high.

Some investors earned from it, while other's loss their investment by investing at the peak. ???

You can avoid this kind of mistake if you do your good research and you really dig deeper within the project and the team behind it. 8)


Title: Re: Are NFT games also another way to gamble your money?
Post by: CDC AP on November 13, 2021, 06:36:28 PM
Investment could always be considered as a gamble but this is entirely or literally be different if we do talk about gambling games which means risk would really be in common but somewhat they do really differ on the intensity or the amount of risk involved. In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really  be giving worth into your risk taking.


Title: Re: Are NFT games also another way to gamble your money?
Post by: livingfree on November 13, 2021, 09:35:48 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Eureka_07 on November 13, 2021, 10:09:39 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.
More like an investment if its a good NFT but too risky to depend on especially if you are dealing with a fake NFT project. You have to study always to lessen the risk of losing, and yes it is more gambling if you skip this part.

NFT games are good with some project, they are still profitable especially if you own good NFTs, this is more on investment to me as well.
Yeah, I think for some people who are investing on NFTs just love it as they support and like the art itself, maybe for them the possible profit doesn't matter much compare to the "satisfaction" or joy that these arts can bring to them. They maybe called as digital art collector, specifically in NFT collectors.
It differs to me, I invest on NFT to gain profit. Well, everyone does have their own reason why they invest into something. Just be wise.


Title: Re: Are NFT games also another way to gamble your money?
Post by: livingfree on November 14, 2021, 12:03:21 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.
More like an investment if its a good NFT but too risky to depend on especially if you are dealing with a fake NFT project. You have to study always to lessen the risk of losing, and yes it is more gambling if you skip this part.

NFT games are good with some project, they are still profitable especially if you own good NFTs, this is more on investment to me as well.
Yeah.

There are fake NFTs too and that's why everyone has to be aware of those. But for someone who does his research, he's unlikely to fall for these scam NFTs.

A network for knowing investment can easily be researched now, especially we're in a forum where everyone helps each other upon finding out a project is a scam.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Fredomago on November 14, 2021, 07:59:33 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

Simple but very logical, why bother and risk your money into something that you are not aware, best to investigate and do your research first before taking your investment, NFTs are another way to make money inside this industry, though you should always do your homework to avoid supporting scam project that will lead you in losing your investment.

Working with NFTs is a good investment if you know which project will continue to develop and not just a pump and dump schemes.

Use all possible resources to learn more about the project. It helps to assess which asset/NFT is good for your investment.


Title: Re: Are NFT games also another way to gamble your money?
Post by: livingfree on November 14, 2021, 08:34:03 PM
Yes, it's another way to gamble your money since you are not sure if you are going to have profit after you purchase NFT but for me I think it's investment and not a gambling like placing bet. I think it's way more different than gambling itself if you consider it as a gambling then you might also consider trading as a gambling too.
NFT's are investments.

And just as gambling, you're unsure whether it will be worth it to place your money in it. But that's only unsure if you're not doing your job of knowing what you're investing.

Having no idea about the NFT you buy, is really like a gamble that you must not do.

Simple but very logical, why bother and risk your money into something that you are not aware, best to investigate and do your research first before taking your investment, NFTs are another way to make money inside this industry, though you should always do your homework to avoid supporting scam project that will lead you in losing your investment.

Working with NFTs is a good investment if you know which project will continue to develop and not just a pump and dump schemes.

Use all possible resources to learn more about the project. It helps to assess which asset/NFT is good for your investment.
It is because there are investors that does that.

They invest and put their money to the NFTs that they think is going to make them rich even without the need of researching. But it is the actual gamble.

The investing style of people that does that are really making themselves to be quick in being poor.


Title: Re: Are NFT games also another way to gamble your money?
Post by: Balmain on November 14, 2021, 09:58:13 PM
Investing in NFt games is of course gambling and risky. There are projects that are very successful among them, and when these projects are invested on time, great profits can be obtained. For example, while in the Raja project, 1 metamon was sold for 200k raca, it is currently sold for at least 800k raca in the market. I can give the same example in the axie infinity game. The important thing is to adopt these games early.


Title: Re: Are NFT games also another way to gamble your money?
Post by: gwdf1 on November 15, 2021, 03:57:31 AM
I saw a lot of games that gain a big popularity and, as a result, their native tokens pump and people who play this game and hold tokens benefit a lot. The examples are Axie, crypto blades etc. If you are good at computer gaming and have such a hobby, I think that NFT-games is the best way for you to monetize your time and skills just doing what you really like.


Title: Re: Are NFT games also another way to gamble your money?
Post by: LUCKMCFLY on November 20, 2021, 11:58:49 AM
Investing in NFt games is of course gambling and risky. There are projects that are very successful among them, and when these projects are invested on time, great profits can be obtained. For example, while in the Raja project, 1 metamon was sold for 200k raca, it is currently sold for at least 800k raca in the market. I can give the same example in the axie infinity game. The important thing is to adopt these games early.

You're right, Axie Infinity is the most classic example of how a game has a lifespan and then eventually everything goes down, but it's because it has a bug, the devs never prepared to withstand a large amount of demand from people, they just They were waiting for a limited number of people and from there they calculated their economy, currently NFT games if they do not have an oracle, they quickly die, and I think that all this is what has given birth to new projects based on metaverses and with a cheaper network for that everyone accesses and this will be through the polygon network, those are the plans that we have.


Title: Re: Are NFT games also another way to gamble your money?
Post by: marilynmanson21 on November 20, 2021, 02:03:23 PM
I think yes, because crypto games are the same as  gambling based games, but everyone has their favorite game criteria and how to play them
there are many games that have a fairly cheap capital and can make money 2x as much as our initial capital


Title: Re: Are NFT games also another way to gamble your money?
Post by: chaser15 on November 20, 2021, 02:19:31 PM
I think yes, because crypto games are the same as  gambling based games, but everyone has their favorite game criteria and how to play them
there are many games that have a fairly cheap capital and can make money 2x as much as our initial capital

Gambling games are not an investment type of form. NFT games are investment types and you will work on how to make them successful. You will choose a worthy NFT based on your research and will do everything to make it profitable for you in the long run.

Can't be compared to the usual gambling where all you need to do is to wait for the result after your series of analyzation.

Don't think that NFT games are a gamble unless you will choose an obvious failed NFT game.