Metaverse x Gambling

[batang_bitcoin]

I watched some polls on how do people think can NFT change the lives of everyone and was shocked to see that 75% selected that 'it is a bubble and will burst soon', while a very few people selected that 'it is a great discovery in the metaverse and can make huge changes to the world of digital art by using it in different jobs'.

It is normal to see a crowd thinking that a huge market that just gotten lately is a bubble. Just like in the past years of bitcoin, there were a lot of speculations that have said that it's bubble not until they see every cycle a new all time high.

Nobody understand the use of NFTs like they did with bitcoin in its early stage, now everybody is going fomo to buy it at such high values.

They'll realize that NFT is another thing that they can be crazy for just like bitcoin but not all of them are good to be bought. You have to be picky with the NFTs you invest even it involves gambling.

[paxmao]

...

Here’s how I know we’re early:

• Practically zero mobile support
• 70%+ users access web via mobile
• Wallets are complicated
• 99% + of the worlds population doesn’t know anything about NFT’s
• 90% + doesn’t use crypto

We’re very very early.

...

Under this argument you could say that cell phones do not have a future because 99% of the users do not know how to change an internal battery, they do not understand radiofrequency and are not familiar with HTML5.

That is not how it works, if something came clear from the 2000's internet revolution is that you just need to make things simpler and more accessible. Also, people become wiser as time passes and they adopt technologies because it offers them good value.

[l3pox]

...

Here’s how I know we’re early:

• Practically zero mobile support
• 70%+ users access web via mobile
• Wallets are complicated
• 99% + of the worlds population doesn’t know anything about NFT’s
• 90% + doesn’t use crypto

We’re very very early.

...

Under this argument you could say that cell phones do not have a future because 99% of the users do not know how to change an internal battery, they do not understand radiofrequency and are not familiar with HTML5.

That is not how it works, if something came clear from the 2000's internet revolution is that you just need to make things simpler and more accessible. Also, people become wiser as time passes and they adopt technologies because it offers them good value.

I have to disagree here, the first tweet doesn't talk about learning the technical side of it, but learning to use it.

imagine going back in time before smartphones were a thing
we could say in 1998 that computers had similar problems:

• not mobile enough
• Setup is complicated
• 99% + of the worlds population doesn’t use the internet yet

so forth and so on.

now go and shop at amazon
in one click you buy something

imagine this experience with NFTs, cross chain blockchains and trading.

[AicecreaME]

This has been the talk a while ago on Youtube, I think this is the next good thing to happen in the crypto industry. I wonder how it works or how can we take advantage in its early stage. If it's really going to be the new era of big-time investment, we should really put some time to learn about it in its early stage so that we can maximize our profit with our investment.

Metaverse is promising because it is comprised of both virtual and augmented reality that seems appealing to most players that are into entertainment and gambling. Indeed, it could be the next good and big thing in the crypto industry aside from the NFT's that made their way to boom and be widely played because of its play-to-earn feature. The digital universe in metaverse could be the breath of fresh air in the gambling industry because the players could get to live and feel what it is like to be in the game itself. Because this is still new, it is really advisable to research and do our very own background checking first if it is worth the risk. By proper searching, we may be able to utilize it as early as now that it is just in its early phase and be a pioneer. Still, do it at your own risk to avoid regrets later since not everything that trends would be profitable in the long run.

[madnessteat]

^

In my opinion, the metaverse was born a long time ago around the time when the first text message was transmitted via Internet and it keeps getting wider and wider every year as new technologies are introduced in online communication process and now we interact in the metaverse which is huge and inseparable. Internet and cryptocurrencies gave a huge breakthrough in this direction and big companies such as Facebook are just trying to earn on this by offering their users the use of new technologies such as AR, VR.

[alpamar99]

^

In my opinion, the metaverse was born a long time ago around the time when the first text message was transmitted via Internet and it keeps getting wider and wider every year as new technologies are introduced in online communication process and now we interact in the metaverse which is huge and inseparable. Internet and cryptocurrencies gave a huge breakthrough in this direction and big companies such as Facebook are just trying to earn on this by offering their users the use of new technologies such as AR, VR.

I agree with your opinion that if we look at the definition of the metaverse itself, it is a virtual world created on the internet and can be explored where users are not in the same physical space and even though they are far away they can communicate with each other.
what distinguishes then and now is because in the past the technology was not as advanced as it is now and they sent messages on the internet etc. it was the most advanced in its time.
But now the metaverse has evolved to something more refined with them being able to create tools that can create avatar characters and we can explore deeper either with VR or other advanced tools.

[Fatunad]

^

In my opinion, the metaverse was born a long time ago around the time when the first text message was transmitted via Internet and it keeps getting wider and wider every year as new technologies are introduced in online communication process and now we interact in the metaverse which is huge and inseparable. Internet and cryptocurrencies gave a huge breakthrough in this direction and big companies such as Facebook are just trying to earn on this by offering their users the use of new technologies such as AR, VR.

I agree with your opinion that if we look at the definition of the metaverse itself, it is a virtual world created on the internet and can be explored where users are not in the same physical space and even though they are far away they can communicate with each other.
what distinguishes then and now is because in the past the technology was not as advanced as it is now and they sent messages on the internet etc. it was the most advanced in its time.
But now the metaverse has evolved to something more refined with them being able to create tools that can create avatar characters and we can explore deeper either with VR or other advanced tools.

Technology does progress and these kind of innovations or inventions is something revolutionary.It might sound unrealistic on some point but doesnt mean that it cant be possible and now we are really seeing this which would be something that the community would really benefit upon which we could really utilize which is a great thing
and does really have that potential and lets see on regarding with future updates to come.

[davis196]

AT this point "metaverse" is just a buzzword.It sounds cool and revolutionary,but 80% of the people don't know what it means or how it will look like.
I don't know what will make metaverse gambling better than the regular online gambling.
Maybe gambling will become more decentralized and the gamblers won't have to rely on centralized crypto/fiat casinos in order to gamble.The gamblers will own their chips/tokens and gambling will become more peer-to-peer.Casinos might become obsolete.I don't know whether this is going to be good or bad for the gambling industry.
All the casino owners won't be happy.
Combining play-to-earn games with gambling might seems like a good idea,but I still can't see a clear and precise business model around this idea.

[madnessteat]

^

There is not and will not be any clear business model for the metaverse as each developer develops his project and strives to attract users to his platform. It is an endless race, so to speak, fueled by new technologies and users' personal time. A person who values his time will most likely not use the metaverse in the way Mark Zuckerberg offers us.

[Wexnident]

AT this point "metaverse" is just a buzzword.It sounds cool and revolutionary,but 80% of the people don't know what it means or how it will look like.
I don't know what will make metaverse gambling better than the regular online gambling.
Maybe gambling will become more decentralized and the gamblers won't have to rely on centralized crypto/fiat casinos in order to gamble.The gamblers will own their chips/tokens and gambling will become more peer-to-peer.Casinos might become obsolete.I don't know whether this is going to be good or bad for the gambling industry.
All the casino owners won't be happy.
Combining play-to-earn games with gambling might seems like a good idea,but I still can't see a clear and precise business model around this idea.

At this point really it's just a vague idea of gambling that "might" be better than regular gambling (though honestly I agree with you, not knowing anything about how it would make it better than normal gambling). If it was decentralized we're looking for, I don't think the word metaverse suits it as something to describe what it would be. I don't even think the concept of gambling would be messed/replaced/changed with tbh, the core would still be that and they'd just be adding some side features here and there.

[paxmao]

I think is coming real soon. In fact unless the platforms that develop the metaverses actually ban users, it is only natural that games flow into the metaverses as well as competitions, and with that the need to make them "more interesting", so whether it is officially or by means of other creating overlays to circumvent the likely bans, betting is going to happen. Heck, this is even a business model that could be a new ground for start-ups.

For those who doubt, metaverses are already there, Second life, Roblox and even games - well known ones like Fortnite - are metaverses.

[rhomelmabini]

I think is coming real soon. In fact unless the platforms that develop the metaverses actually ban users, it is only natural that games flow into the metaverses as well as competitions, and with that the need to make them "more interesting", so whether it is officially or by means of other creating overlays to circumvent the likely bans, betting is going to happen. Heck, this is even a business model that could be a new ground for start-ups.

For those who doubt, metaverses are already there, Second life, Roblox and even games - well known ones like Fortnite - are metaverses.

Yes they already existed and for the gambling to take part in it would just be a matter of time for the startups. Doubts are part of a growing industry and this has been proven many times but if Metaverse really make an impact I think it will be successful, we are totally getting digital and we can't deny this fact. Zuckerberg's promoting was just part of an incoming snowball effect, that's my two cents.

[molsewid]

Yes they already existed and for the gambling to take part in it would just be a matter of time for the startups. Doubts are part of a growing industry and this has been proven many times but if Metaverse really make an impact I think it will be successful, we are totally getting digital and we can't deny this fact. Zuckerberg's promoting was just part of an incoming snowball effect, that's my two cents.

So far as of now all I know that was associated with metaverse were mostly virtual reality and games, I haven't heard about gambling related in metaverse yet but if ever it would be available I could already imagine how it would greatly affect in development of gambling experience from a traditional gambling that we had experience. So to be able to catch up the metaverse in as early as I can I already invested in one of the metaverse project I've known and yeah as we can see it is now already existed and as I can see metaverse will going to bring a new development to the digital platform.

[finaleshot2016]

Yes they already existed and for the gambling to take part in it would just be a matter of time for the startups. Doubts are part of a growing industry and this has been proven many times but if Metaverse really make an impact I think it will be successful, we are totally getting digital and we can't deny this fact. Zuckerberg's promoting was just part of an incoming snowball effect, that's my two cents.

So far as of now all I know that was associated with metaverse were mostly virtual reality and games, I haven't heard about gambling related in metaverse yet but if ever it would be available I could already imagine how it would greatly affect in development of gambling experience from a traditional gambling that we had experience. So to be able to catch up the metaverse in as early as I can I already invested in one of the metaverse project I've known and yeah as we can see it is now already existed and as I can see metaverse will going to bring a new development to the digital platform.

It's viable, for example, as an NFT-based gambling platform that incorporates virtual reality; it's a really optimistic platform. Because it's metaverse, this may be another game-changer. Of course, a new development equals a new meta, which means more users in the industry. Every metaverse project is now bullish, thus if a gaming site integrates with metaverse, it will be noticed by metaverse project investors.

[jrrsparkles]

^

There is not and will not be any clear business model for the metaverse as each developer develops his project and strives to attract users to his platform. It is an endless race, so to speak, fueled by new technologies and users' personal time. A person who values his time will most likely not use the metaverse in the way Mark Zuckerberg offers us.

But there is an interesting question,

Anyone thought that we will be buying things online without actual touch and feel but now it becomes reality.

Have you every wondered we used to interact with our mobiles than real people but now it becomes reality.

And the examples can be endless as well, so we actually don't know either we are forced to accept the new changes brought by the influencers or we are actually evolving in that sense.

[blockman]

I think is coming real soon. In fact unless the platforms that develop the metaverses actually ban users, it is only natural that games flow into the metaverses as well as competitions, and with that the need to make them "more interesting", so whether it is officially or by means of other creating overlays to circumvent the likely bans, betting is going to happen. Heck, this is even a business model that could be a new ground for start-ups.

For those who doubt, metaverses are already there, Second life, Roblox and even games - well known ones like Fortnite - are metaverses.

They've been there for a long time. Remember those RPG games during early 2000s, it's already a metaverse and virtual life that we've lived when we were younger.
It's just that the technology is way better today and we can mostly interact without portraying by any character and we're the ones to represent ourselves. That's almost everything can be brought up and we can interact in metaverse and it includes gambling too.

[Fortify]

Who else thinks that these kind of thing may hit mainstream sooner or later? I don't know if this is something new but seen a  news from Decentral Games that they are launching a play-to-earn Metaverse poker. Others predict next to NFTs boom that it could the the Metaverse hype. Any thoughts?

Over time, we believe several projects will attempt to deliver play-to-earn architectures. However, due to the state of Decentral Games’ current product and community, DG is in a lucrative position to take advantage of this new wave in gaming with a first-mover advantage. We’ve already built metaverse poker, blackjack, roulette, backgammon, and slots, which are games enjoyed daily by our community through memorable events like live music performances, casino night competitions, poker tournaments, and more.

https://decentral.games/blog/decentral-games-announces-play-to-earn-metaverse-poker-ice-token-rollout

It seems inevitable now that Facebook, the largest social media company in the world is going to build out their own "metaverse" which is basically going to turn into one big virtual reality grand theft auto time environment on steroids. Facebook was always looking for a solid way to make money and advertising brings some money in, but it's not like Google that has a huge income stream for little outlay. I wouldn't think much of these smaller companies that claim to be launching the latest and greatest metaverse products, they are simply going after the buzz words of the minute to sell some product - it'll be one of the big players like Google, Amazon, Facebook or Microsoft that create the world in which all these other gaming companies will reside - they'll play by someone elses rules and pay a commission for the privilege.

[alpamar99]

I agree with your opinion that if we look at the definition of the metaverse itself, it is a virtual world created on the internet and can be explored where users are not in the same physical space and even though they are far away they can communicate with each other.
what distinguishes then and now is because in the past the technology was not as advanced as it is now and they sent messages on the internet etc. it was the most advanced in its time.
But now the metaverse has evolved to something more refined with them being able to create tools that can create avatar characters and we can explore deeper either with VR or other advanced tools.

Technology does progress and these kind of innovations or inventions is something revolutionary.It might sound unrealistic on some point but doesnt mean that it cant be possible and now we are really seeing this which would be something that the community would really benefit upon which we could really utilize which is a great thing
and does really have that potential and lets see on regarding with future updates to come.

The important point is that I will not discuss whether it is realistic or not, but it is the profit aspect that will have an effect.
no matter how realistic the metaverse is what matters is that it can be put to good use by humans who want to put it to good use that's what's most important to me.

On the other hand, utilization like this must be accompanied by the desire of humans themselves because technology is getting more advanced when we can't compete there so sooner or later we will be behind in technology.