Will NFT bring any change in crypto gambling industry?

[Rengga Jati]

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 do agree that NFT has brought new and fresher ideas about crypto use cases. Creativity is now open widely in relation to crypto.
Well, about applying NFT in the gambling industry, actually I still don't have an idea about what kind of implementation it will be. However, if there is at least one that is trying to implement it, I am pretty sure that many others may be also following.
NFT in the gambling industry may be implemented in one of the parts of the industry.

[tabas]

The same on NFT art scene we need fire starter to hype up the NFT in gambling since if rich people will invest on it inform of gambling for sure it will create a massive news an might this could bring a good infect on gambling industry. But the question here now is who will invest a lot of money to help the gambling community? Maybe there are people will come to support this so maybe lets speculate on what will happen next.

Exactly but before who are the people that will invest in NFT related to gambling, what shall be the application of it.
But just as the guy who bought beeple's nft, if there is a really rich person that just wants to show support to the community, he might do it.

[livingfree]

I'm still thinking how that could be possible. The application of NFT in the gambling industry. We can only define one thing in gambling and that's we're going to spend it.

As for NFT, there will be produced for only one NFT and seen some others for a very few quantities. How could that be able to be applied but I'm sure that there must be some interesting part on that matter.

How about gambling with NFT's on the line? From what I understood, it should work like a trading card game where each card is unique, so basically it's like there's an n amount of cards in the world and people could place a value on them when buying it, and then use that to trade/gamble. Heck, it could also be used as a sort of prize for lucky wheels or something like that. It isn't necessarily used in the process of gambling though, but probably the payments used could be influenced by NFTs.

Maybe for certain NFT that can be considered by the casino or a platform that's dedicated to it.

You've got a good idea about gambling with it and can be defined with their rarity based on the value of it and how many have been made. That would be a cool idea if the NFTs as you've said trading cards.

Like pokemon, nba and other popular trading cards that's put as NFT.

[Swopon]

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

[uneng]

I'm still thinking how that could be possible. The application of NFT in the gambling industry. We can only define one thing in gambling and that's we're going to spend it.

As for NFT, there will be produced for only one NFT and seen some others for a very few quantities. How could that be able to be applied but I'm sure that there must be some interesting part on that matter.

How about gambling with NFT's on the line? From what I understood, it should work like a trading card game where each card is unique, so basically it's like there's an n amount of cards in the world and people could place a value on them when buying it, and then use that to trade/gamble. Heck, it could also be used as a sort of prize for lucky wheels or something like that. It isn't necessarily used in the process of gambling though, but probably the payments used could be influenced by NFTs.

Maybe for certain NFT that can be considered by the casino or a platform that's dedicated to it.

You've got a good idea about gambling with it and can be defined with their rarity based on the value of it and how many have been made. That would be a cool idea if the NFTs as you've said trading cards.

Like pokemon, nba and other popular trading cards that's put as NFT.

It seems the main participation of NFTs in gambling would be as reward prize. My fear is that these non fungible tokens start being rewarded to lucky gamblers without any real value in fact. Similar to ICOs rewarding bounty hunters priceless tokens in exchange for their promoting services. To make NFTs worthful as prizes they have to be really special and demanded by the market, otherwise it makes no sense to wager money in order to earn them.

[aysg76]

At this time NFT'S are most hyped trend in crypto market and most probably they are stick to digital artworks,tweets,songs,gaming but not to the crytpo-related gambling sites.They just represent Digital ownership of something unique that everyone can see.The gamblers might also be selling their unique titles or high winning bets or any piece of gambling which they have achieved in the form of NFT for millions few days later,who knows.Giving right to the VIP member and providing them privileges over other members may be another technique of casino owners.The trends can lead in any way you can't say exactly.

[slaman29]

It seems the main participation of NFTs in gambling would be as reward prize. My fear is that these non fungible tokens start being rewarded to lucky gamblers without any real value in fact. Similar to ICOs rewarding bounty hunters priceless tokens in exchange for their promoting services. To make NFTs worthful as prizes they have to be really special and demanded by the market, otherwise it makes no sense to wager money in order to earn them.

Yeah I think I can see a way for this. Imagine if you could "mine" tokens to buy NFTs, as in tokens only minable from wagering, and NFTs that can only be purchased with those specific tokens.

You could definitely get some sponsors/ambassadors to put up some item of theirs for this.

[michellee]

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

[dunfida]

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

[passwordnow]

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

It's hard to think but maybe those moments when they've started like first bets, first cashout, first withdrawals, first tournaments. Just like those tweets that was put into auction as an NFT. Memorabilia I guess and only those loyal folks that has tons of money will be able to buy for it. Maybe they could also set up some competition on whom will take the most NFT that will be produced by that casino. I can't also think of it.

[AicecreaME]

<...>
That's just my view on it. It's still too early to say, but it's going to grow, IMO. Not too much in the gambling industry but in other sectors, probably.

I totally agree with this.

As I've seen in different NFT's platform, art and games are the ones who's using NFT that much, and many people are earning money on it especially in arts, like photography or even painting. But it has to be unique in the market so it could be easily sell to someone who'll have interest on it or else you'll just going to waste the gas fee in converting your art into an NFT and sell it in the market.

[Reatim]

<...>
That's just my view on it. It's still too early to say, but it's going to grow, IMO. Not too much in the gambling industry but in other sectors, probably.

I totally agree with this.

As I've seen in different NFT's platform, art and games are the ones who's using NFT that much, and many people are earning money on it especially in arts, like photography or even painting. But it has to be unique in the market so it could be easily sell to someone who'll have interest on it or else you'll just going to waste the gas fee in converting your art into an NFT and sell it in the market.

yups , And Yesterday Even @Theymos ride the Popularity of NFT to Aprils Fool day 

NFT is fast growing platform now ,w e can see so much thread about this one and we can also see the growing market continues.

Gambling is one of the most active and expensive place to circulate the coins and NFT find this to become a target.

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

It's hard to think but maybe those moments when they've started like first bets, first cashout, first withdrawals, first tournaments. Just like those tweets that was put into auction as an NFT. Memorabilia I guess and only those loyal folks that has tons of money will be able to buy for it. Maybe they could also set up some competition on whom will take the most NFT that will be produced by that casino. I can't also think of it.

Gambling always open everything that can bring funds one way or another , so basically this will help in some ways.

[michellee]

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

We do not know for sure because the NFT just starts and we need more time to know if NFT can become the next trend in the gambling industry. If we can not compare to bitcoin and the other top 10 coin position list because NFT is just a newcomer in the crypto world, but we will see what will happen to NFT later. So we need to wait for a while and still try to do the things that we did before.

[bitzizzix]

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

We do not know for sure because the NFT just starts and we need more time to know if NFT can become the next trend in the gambling industry. If we can not compare to bitcoin and the other top 10 coin position list because NFT is just a newcomer in the crypto world, but we will see what will happen to NFT later. So we need to wait for a while and still try to do the things that we did before.

Yes, it is too early for NFTs to enter the gambling industry and whatever is trending in the crypto world will definitely be promoted with the gambling industry.
We don't know in the future whether this is just a temporary trend and if there are significant developments whether to enter the world of gambling, we will see further developments with the NFT and to beat the top bitcoins and coins in my opinion it is impossible and not that fast.

[Swopon]

Yes, it is too early for NFTs to enter the gambling industry and whatever is trending in the crypto world will definitely be promoted with the gambling industry.
We don't know in the future whether this is just a temporary trend and if there are significant developments whether to enter the world of gambling, we will see further developments with the NFT and to beat the top bitcoins and coins in my opinion it is impossible and not that fast.

Yes, it is too early and I agree with you it needs more time to get stable then it can enter into the gambling sector. But one thing can be mentioned here that temporary thing can be permanent one and I believe everything is possible in cryptocurrency world. NFT will be more popular as my visionary mind says.

[tyz]

Exactly but before who are the people that will invest in NFT related to gambling, what shall be the application of it.
But just as the guy who bought beeple's nft, if there is a really rich person that just wants to show support to the community, he might do it.

The point is, the hype cycles are getting shorter and shorter. DeFi is almost over and NFT is near its high or already slightly above it. In the high phase, such tokens are then offered for all possible applications, whether it makes sense or not.

[michellee]

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

We do not know for sure because the NFT just starts and we need more time to know if NFT can become the next trend in the gambling industry. If we can not compare to bitcoin and the other top 10 coin position list because NFT is just a newcomer in the crypto world, but we will see what will happen to NFT later. So we need to wait for a while and still try to do the things that we did before.

Yes, it is too early for NFTs to enter the gambling industry and whatever is trending in the crypto world will definitely be promoted with the gambling industry.
We don't know in the future whether this is just a temporary trend and if there are significant developments whether to enter the world of gambling, we will see further developments with the NFT and to beat the top bitcoins and coins in my opinion it is impossible and not that fast.

But if we check on the history, usually, if a new thing comes to the crypto, it will booming temporary and invite many investors and invest their money in that thing and then that thing is ended. So NFT can be a new baby born in the crypto that can boom and be the next trend and attract more people to invest in that project. But this time, I hope the investor and people will not be too greedy to make a big profit and stay away from scams that will always try to scam them.

[passwordnow]

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

It's hard to think but maybe those moments when they've started like first bets, first cashout, first withdrawals, first tournaments. Just like those tweets that was put into auction as an NFT. Memorabilia I guess and only those loyal folks that has tons of money will be able to buy for it. Maybe they could also set up some competition on whom will take the most NFT that will be produced by that casino. I can't also think of it.

Gambling always open everything that can bring funds one way or another , so basically this will help in some ways.

Yeah, let's say that it can bring funds to them or at least another way of making money but through how they're going to implement this to their casinos?
A lot of questions are being made and we all can just speculate until a casino starts to make it on their own and answer that question. So far, there's no casino that have done it so we're still going to be around speculating about it.

[KTChampions]

The point is, the hype cycles are getting shorter and shorter. DeFi is almost over and NFT is near its high or already slightly above it. In the high phase, such tokens are then offered for all possible applications, whether it makes sense or not.

I wonder if the end of the excitement around the NFT coincides with the end of the excitement around the DEFI, will this lead to a fall in the entire market? These two areas (especially DEFI) have had a very strong impact on the entire crypto market and led to significant price increases.

[mindrust]

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

If you can't see any way to use NFT in crypto gambling and can't imagine how NFT cards would work... how can you say there is potential?. :d What you said doesn't make any sense. If you think there is any potential, then you must have understood the possible use cases for NFT which you already admitted that you don't.