Will NFT bring any change in crypto gambling industry?

[Lorence.xD]

I don't think that NFT will change the gambling landscape that much because what can they contribute to it in the first place besides the possibility that they can be a token that you can get when you win in your games. Maybe if the NFT that the gambling website/house is going to use is going to go up in value then maybe, there will be some changes.

[1714855204]

1714855204

[tabas]

Never thought of such an idea but with what I see with all of these NFTS. Anything can be put into it and bring value. It is interesting who will be the casino to bring up the very first NFT in the crypto gambling industry.
Or is there already one in existence?

The NFT market is relatively new and I don't think there's any gambling website that has incorporated NFT yet.
There are more number of ways NFT can be utilized in the field of gambling. The area is unexplored yet.
Only time will tell how potential NFTs can be in gamling.

I guess so too that there's no one in existence but I haven't browsed a lot and maybe somebody found out that there's already one. But yeah, it's safe to assume that there's none currently.
What the NFT market is focused on are with those popular digital arts and those pieces of history like the NBA top shots and other first things in the internet space.

No! There's currently no gambling house available that had incorporated NFTs. NFT is currently being used as a tool in digital auctions. That's their focus area as of now. But that doesn't mean NFT wouldn't have any use cases for gambling! It's just that we don't know yet! It's quite possible that a gambling house would want to take all their gambling activities through a custom blockchain to prevent fraud and to make their bets verifiable. In that case, NFT can become handy! But the high cost of transactions are really making things difficult for all of us! Unless and until the transaction costs of ETH blockchain normalizes, it's difficult to see NFT in a customer focused industry like gambling.

Yes, we haven't seen one and maybe one of the most known or oldest casinos will also dive into NFT and will make their own. And the time about fees will decrease.
I think that we're about to see that but that could happen within the next 4 months or so and hopefully that it won't be longer and delayed.

[shoreno]

I don't think that NFT will change the gambling landscape that much because what can they contribute to it in the first place besides the possibility that they can be a token that you can get when you win in your games.

nft's are introduced in crypto because they have a purpose , so if cryptos introduced in a gambling the nft's can also do the same  . a gambling site can make a new game mode that makes a gambler win nft's and many are going to participate with it due to the expensive value of nft's right now  .

Maybe if the NFT that the gambling website/house is going to use is going to go up in value then maybe, there will be some changes.

i think this is possible because if we can see for now the value of nft's are already high now that the demand for it is still low but in the future where nft's are already popoular the demand can skyrocket as well so as the price  .

[peter0425]

gambling coin can be everything as long as the users will trust the project and also offers Low transaction fees.

I remember the time when Only Bitcoin was the currency use to gamble but now there are many of them that accepted by gambling site so why not NFT?
and besides this will help the community of gambling to experience another coins with good potential .

I don't think that NFT will change the gambling landscape that much because what can they contribute to it in the first place besides the possibility that they can be a token that you can get when you win in your games. Maybe if the NFT that the gambling website/house is going to use is going to go up in value then maybe, there will be some changes.

It may not change a Lot but still will change something for sure.

[South Park]

I have been hearing a lot about NFTs the last couple of days. Seems more like a hype that might die soon but who knows. Though I like the abstraction of being able to sell digital art that will be "uniquely" owned by the buyer. But looking at the marketplace, I sometimes think people are crazy. I am sure most of them are not "collectors". They are just buying those so that they can sell it later at a higher price (albeit risky).
As of now I doubt it is going to bring any change to the crypto gambling industry. It's more focused on digital creators and collectors.

I more or less think the same, the concept is novel and it could have some uses especially when it comes to the world of art however I really think that people are just speculating with this the same way they speculated with icos, ieos and other forms of investment, and like always there are going to be people that make a fortune and there are also going to be a lot of people that will lose everything they invest in those NFT and will regret the day they did so.

[Swopon]

I don't think that NTF will ever going to be implemented in the online crypto gambling industry.
The Non Fungible Tokens will stay in the gaming industry.The gambling industry is different than the gaming industry.The gambling games are based on luck,not on skills,so buying and selling game items/tokens would be pointless.The main goal of every casino is to squeeze more money from the gamblers every day,not to issue a token and sell it to the gamblers for a one-time fee,so they could trade that token with each other.
 

Exactly, NFT is a new hype for crypto market after many phases like ICO, IEO, DEFI etc. Here, in gambling industry, casino will provide many promotional things for creating a flow of money by the gamblers. NFT will provide a trading system by which gamblers will exchange it to one another. New model can be suggested by which NFT can bring change in this industry too.

[milewilda]

I don't think that NTF will ever going to be implemented in the online crypto gambling industry.
The Non Fungible Tokens will stay in the gaming industry.The gambling industry is different than the gaming industry.The gambling games are based on luck,not on skills,so buying and selling game items/tokens would be pointless.The main goal of every casino is to squeeze more money from the gamblers every day,not to issue a token and sell it to the gamblers for a one-time fee,so they could trade that token with each other.
 

Exactly, NFT is a new hype for crypto market after many phases like ICO, IEO, DEFI etc. Here, in gambling industry, casino will provide many promotional things for creating a flow of money by the gamblers. NFT will provide a trading system by which gamblers will exchange it to one another. New model can be suggested by which NFT can bring change in this industry too.

When there's a new innovation then expect that it would really be hyped but lets see if it would really be that useful or significant after several months or years to pass.Just like other things that mentioned earlier
where they did really get some recognition and then passed up to another one and this isnt surprising and lets just make use of this one and lets find out on what would be the sentiments of people on upcoming months.

[RealMalatesta]

I guess so too that there's no one in existence but I haven't browsed a lot and maybe somebody found out that there's already one. But yeah, it's safe to assume that there's none currently.
What the NFT market is focused on are with those popular digital arts and those pieces of history like the NBA top shots and other first things in the internet space.

No! There's currently no gambling house available that had incorporated NFTs. NFT is currently being used as a tool in digital auctions. That's their focus area as of now. But that doesn't mean NFT wouldn't have any use cases for gambling! It's just that we don't know yet! It's quite possible that a gambling house would want to take all their gambling activities through a custom blockchain to prevent fraud and to make their bets verifiable. In that case, NFT can become handy! But the high cost of transactions are really making things difficult for all of us! Unless and until the transaction costs of ETH blockchain normalizes, it's difficult to see NFT in a customer focused industry like gambling.

I really do not get why NFT should be implemented for gambling neither, I mean sure it is a good project for art related stuff and even there it shouldn't really worth this much if you ask me but at least that makes sense, how would you implement NFT into gambling? That doesn't really sound like an ideal way to gamble. There is this one thing and you can own it if you pay and nobody else can own it and you.. gamble with it?

I do not really know and I do not really get it, but if you ask me it is not going to be really good way to use it, let the art world use NFT as much as they want and let others that want to implement it use it the way they want but there is really nothing that would be beneficial for the gambling world at all, that's at least what I think and that is why I do not think that anything major will change in the gambling world anytime soon.

[AmoreJaz]

I don't think that NTF will ever going to be implemented in the online crypto gambling industry.
The Non Fungible Tokens will stay in the gaming industry.The gambling industry is different than the gaming industry.The gambling games are based on luck,not on skills,so buying and selling game items/tokens would be pointless.The main goal of every casino is to squeeze more money from the gamblers every day,not to issue a token and sell it to the gamblers for a one-time fee,so they could trade that token with each other.
 

Exactly, NFT is a new hype for crypto market after many phases like ICO, IEO, DEFI etc. Here, in gambling industry, casino will provide many promotional things for creating a flow of money by the gamblers. NFT will provide a trading system by which gamblers will exchange it to one another. New model can be suggested by which NFT can bring change in this industry too.

it is a matter of time before these casinos will find a way how to make use of NFTs on their platform. right now, NFT is more on art collection or card collection. however, when there is hype surrounding a certain project, they will try to jump on it and look for ways how to join the bandwagon.
i have no idea what these casinos may come up with in terms of gambling, maybe gambling chips specially made for the casino? who knows? people are creative when it comes to finding reasons how join the race.

[Lanatsa]

I don't think that NTF will ever going to be implemented in the online crypto gambling industry.
The Non Fungible Tokens will stay in the gaming industry.The gambling industry is different than the gaming industry.The gambling games are based on luck,not on skills,so buying and selling game items/tokens would be pointless.The main goal of every casino is to squeeze more money from the gamblers every day,not to issue a token and sell it to the gamblers for a one-time fee,so they could trade that token with each other.
 

Exactly, NFT is a new hype for crypto market after many phases like ICO, IEO, DEFI etc. Here, in gambling industry, casino will provide many promotional things for creating a flow of money by the gamblers. NFT will provide a trading system by which gamblers will exchange it to one another. New model can be suggested by which NFT can bring change in this industry too.

it is a matter of time before these casinos will find a way how to make use of NFTs on their platform. right now, NFT is more on art collection or card collection. however, when there is hype surrounding a certain project, they will try to jump on it and look for ways how to join the bandwagon.
i have no idea what these casinos may come up with in terms of gambling, maybe gambling chips specially made for the casino? who knows? people are creative when it comes to finding reasons how join the race.

There's no doubt on what where people would join up the bandwagon if they do saw something new but lets wait for sometime if this one would really be applied or would just simply be forgotten.

Lots of hype been circling around with NFT's on this recent couple of weeks but as of this moment it seems the hype didn't really sustain that long.

Will NFT bring any change in crypto gambling industry? If one of them will be making some integration then possibly.

[tabas]

I really do not get why NFT should be implemented for gambling neither, I mean sure it is a good project for art related stuff and even there it shouldn't really worth this much if you ask me but at least that makes sense, how would you implement NFT into gambling? That doesn't really sound like an ideal way to gamble. There is this one thing and you can own it if you pay and nobody else can own it and you.. gamble with it?

I guess the part of making profit for the casino is what they can do for these NFT. They can sell whichever is part of their history especially the popular casinos that have been staying into the industry for so long.
It's not about gambling with it but I think owning and making profit from that sold nft.

[cabalism13]

I don't think that NTF will ever going to be implemented in the online crypto gambling industry.
The Non Fungible Tokens will stay in the gaming industry.The gambling industry is different than the gaming industry.The gambling games are based on luck,not on skills,so buying and selling game items/tokens would be pointless.The main goal of every casino is to squeeze more money from the gamblers every day,not to issue a token and sell it to the gamblers for a one-time fee,so they could trade that token with each other.
 

Exactly, NFT is a new hype for crypto market after many phases like ICO, IEO, DEFI etc. Here, in gambling industry, casino will provide many promotional things for creating a flow of money by the gamblers. NFT will provide a trading system by which gamblers will exchange it to one another. New model can be suggested by which NFT can bring change in this industry too.

In short that would be impossible to implement right now, I too, can't imagine bringing NFT to gambling platforms as IMO NFTs are only good for auctions on Digital assets, etc. I also don't think this could be a hype even if it gets implemented, Most gamblers will still go on what they have used to. JM2C.

Will NFT bring any change in crypto gambling industry? If one of them will be making some integration then possibly.

That will depends on the flow of the market and the gambling industry. says 50-50.

[blackened515]

I really do not get why NFT should be implemented for gambling neither, I mean sure it is a good project for art related stuff and even there it shouldn't really worth this much if you ask me but at least that makes sense, how would you implement NFT into gambling? That doesn't really sound like an ideal way to gamble. There is this one thing and you can own it if you pay and nobody else can own it and you.. gamble with it?

There should be the reason to implement NFT in gambling sector, Roobet runs more of art contests in the service board where they selct the best art, haven't you asked yourself what Roobet team will do with the art? For beautification or a sampling thing on their wall? To me that's where the implementation of NFT will definitely start from, or in other way round you may not even expect.

[johhnyUA]

There are more number of ways NFT can be utilized in the field of gambling. The area is unexplored yet.
Only time will tell how potential NFTs can be in gamling.

Maybe you have something on your mind? Because as for me, for example, there is no any legitimate use for NFT in gambling. In fact, as i said previously here, "Buying NFT is gambling by itself" 
But how can casino use them? I don't know. The only way is to bet for how much price some NFT will be sold 

[livingfree]

Will NFT bring any change in crypto gambling industry? If one of them will be making some integration then possibly.

It can be.

But it's like a marketplace and owning and selling of what you've purchased in the market place. So if the token that's being sold and owned can be passed onto the others.

I'm wandering how it's exactly going to work, maybe they'll allow multiple ownership. Just guessing.

[South Park]

There are more number of ways NFT can be utilized in the field of gambling. The area is unexplored yet.
Only time will tell how potential NFTs can be in gamling.

Maybe you have something on your mind? Because as for me, for example, there is no any legitimate use for NFT in gambling. In fact, as i said previously here, "Buying NFT is gambling by itself" 
But how can casino use them? I don't know. The only way is to bet for how much price some NFT will be sold 

I think the same, the only way I could see something like this eventually becoming part of the gambling scene is if there was something similar to sport bets but with NFTs in which the casino gave odds for the price in which a NFT could be sold, something like an over and under, other than that I think that NFTs despite their good intention will be nothing more but yet another fad that will be used by scammers to get all the money they can from gullible investors.

[Smartprofit]

As many of you might be aware of NFTs as it is getting a lot of attention from the crypto community. People are selling digital goods, artworks, gamea and unique things for millions of dollars. Even Elon's Partner has joined the bandwagon and already earned few millions. As of now, NFTs are only popular in digital marketplaces to mark the ownership of an asset through blockchain.

Now from where I see, NFT has a very good potential to be used in MMORPG games and fantasy sports segment. Even big developers like UBISoft has shown interest in NFT. Since NFT concept is very new we still have many unexplored areas of application.

Do you think NFT concept will be used in crypto gambling industry in near future? What change it will bring into this industry? Let's discuss!

I recently read about Microsoft Mesh.  This is a virtual reality technology that allows different people to interact with each other, solving different problems. 

Currently, NFT is a simple encrypted file, a means of monetizing an image or video file.  However, this is just the beginning! 

In virtual reality, the NFT will not be a simple file, but a very complex program (tutorial, location, or virtual character).  We saw such complex programs in the movie "The Matrix". 

In my opinion, NFT is ideal for use in fantasy sports.

[bitbollo]

I don't think we will see any change in gambling industry about NFT. But however it's a changing industry and new products are always welcome.
the only problem is related the real value of the items. I made a "bet" years ago buying some Crypto kitties (probably I have spent around 0.30 eth). Nowadays they are pretty worthless despite the hype of NFT. It could be valuable for the final user risk money with a bet and receive a worthless token?

[michellee]

If the crypto gambling industry evolves to a new business or expands to a new thing, maybe NFT can bring a change. But I guess that is not happening this year, and the crypto gambling industry will still be like what we see. We do not know what will happen in the future as I think the NFT will grow and if the NFT can benefit the crypto world, no matter if that is a gambling website or the other things that have relation to the crypto world. Maybe NFT needs to show the benefits to people, so there is a chance for the NFT to be used in the crypto world.

[2double0]

Yes, it will bring a very big change to the crypto gambling industry by adding the touch of next level of digital art to different types of games already in the markets. I am very much excited to see some newly created virtual weapons being added on arcade and action games where those NFTs will be available only to a few owners who will utilize the full power of their NFTs and may win games more frequently.