Will NFT bring any change in crypto gambling industry?

[tabas]

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.

I agree that the time gets near for it to have its hype end. I've read one of the richest person who bought himself NFT, he has a use for it but it will be included to his virtual game or world as display for the project he's working on. But on gambling sites, I don't think that there's a necessity for such.

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[cabalism13]

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.

paraphrasing... thats quite common here this thread gets already a number of pages, most of them are just random opinions, and maybe from these last 2-3 pages mist of them are just like that,...
So nothing to do here, just let them be. (JM2C)

[ene1980]

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.

I am not optimistic about the DeFi market and i am still expecting that they would crash eventually but NFT can be a real game changer for real artist where they can own the original masterpiece in a blockchain which can be unique and that is what is fetching insane amount of money in the market.

May be we might not see insane amounts in the future but the digital art market will have a face lift which included the gaming industry especially online gaming.

[johhnyUA]

paraphrasing... thats quite common here this thread gets already a number of pages, most of them are just random opinions, and maybe from these last 2-3 pages mist of them are just like that,...
So nothing to do here, just let them be. (JM2C)

That's what happens in most topics here 
OP should close this topic, because there not too much thoughts and some people already told their opinions two or three times in a row. Like me (joke. I only wrote here two times  ).

Bitcasino.io doing good here: open question topic and close it after 5-10 pages.

[magneto]

I don't see much of a usage case for NFTs tbh.

There is simply no utility for it. Why in the world would anyone need a NFT to certify that they own a certain in-game item? If the game developer does not honour the legitimacy of the NFT, then there isn't going to be any value associated with it anyway.

In essence, it's something that's marketed as decentralised, but in reality its value is still completely centralised in the hands of the service provider - not something I would personally drop millions of dollars on.

[KTChampions]

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.

I am not optimistic about the DeFi market and i am still expecting that they would crash eventually but NFT can be a real game changer for real artist where they can own the original masterpiece in a blockchain which can be unique and that is what is fetching insane amount of money in the market.

May be we might not see insane amounts in the future but the digital art market will have a face lift which included the gaming industry especially online gaming.

I have the exact opposite opinion - I can understand the applicability of DEFI  but I do not fully understand the applicability of NTF - this is just a secondary confirmation of the uniqueness of something in digital form. If the game developer (for example) adds copies of unique digital items in the game that were protected by the NTF, then it turns out that this protection is nothing more than fiction.

[mindrust]

paraphrasing... thats quite common here this thread gets already a number of pages, most of them are just random opinions, and maybe from these last 2-3 pages mist of them are just like that,...
So nothing to do here, just let them be. (JM2C)

That's what happens in most topics here  
OP should close this topic, because there not too much thoughts and some people already told their opinions two or three times in a row. Like me (joke. I only wrote here two times   ).

Bitcasino.io doing good here: open question topic and close it after 5-10 pages.

Benefits of reading a forum where people post only to get paid. Most of the time I feel like I am talking to the bots. If the admin is OK with this current situation, there is nothing I can do to change it. The show will go on, people will get paid and more junk will get posted. Horraay.

This forum is just like the US economy. (fake)

[UmerIdrees]

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.

Defi is decentralized finance which can never die if the crypto is to be adopted. NFT will also be used for digital paintings etc but its not that everyone will be using the NFTs. I think defi is here to stay although i have some doubts about the NFTs.

[ethereumhunter]

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.

I am not optimistic about the DeFi market and i am still expecting that they would crash eventually but NFT can be a real game changer for real artist where they can own the original masterpiece in a blockchain which can be unique and that is what is fetching insane amount of money in the market.

May be we might not see insane amounts in the future but the digital art market will have a face lift which included the gaming industry especially online gaming.

NFT will crash if a new trend is coming. And as usual, the latest trend will replace the existing trend and attract people to invest in their project. So maybe right now, NFT is trying to search for the opportunity to attract people attention to come and invest in their project as they will bring a new experience to the gambling industry. We do not know NFT can be the potential to give more chances to crypto to boom because people will always search for that opportunity to make money.

[YuginKadoya]

Just like how NBA cards did get a hype back in the '90s but there are still collectors of those rare cards I think the NFT's digital asset will sure embark into something great like what NBA cards have made for itself, but this kind of gimmick might not be for everyone else but for some fans and collectors of that certain NFT's, and right now I am playing Alien Worlds that could get you rare and epic cards that you may collect, bought and sold depending on the rarity and dependent for the game itself. 

[CarnagexD]

NFT offers a lot of opportunities especially to the gambling industry. Imagine a new form of gambling where you use avatars that are powered by NFT, which could help decide how much you can earn per win, or just plain simple rewards given in the form of NFT cards, wouldn't that be cool? This is just the surface of what NFT could really provide for gambling, and of course as time goes by people will find novel and innovative ways to integrate NFT into their gambling system.

[uneng]

NFT offers a lot of opportunities especially to the gambling industry. Imagine a new form of gambling where you use avatars that are powered by NFT, which could help decide how much you can earn per win, or just plain simple rewards given in the form of NFT cards, wouldn't that be cool? This is just the surface of what NFT could really provide for gambling, and of course as time goes by people will find novel and innovative ways to integrate NFT into their gambling system.

I don't know if it would work. First we need to have sure NFT reward cards would really price something, otherwise it doesn't worth to risk money betting to win them. And to invest in NFT avatars to decide how much to earn from bets isn't advantageous as we can already set our betting configurations at every crypto casino.
Furthermore, if casinos start promising too many advantages through NFTs there is a serious chance they aren't going to be able to pay everyone in the end.

[milewilda]

paraphrasing... thats quite common here this thread gets already a number of pages, most of them are just random opinions, and maybe from these last 2-3 pages mist of them are just like that,...
So nothing to do here, just let them be. (JM2C)

That's what happens in most topics here  
OP should close this topic, because there not too much thoughts and some people already told their opinions two or three times in a row. Like me (joke. I only wrote here two times   ).

Bitcasino.io doing good here: open question topic and close it after 5-10 pages.

Benefits of reading a forum where people post only to get paid. Most of the time I feel like I am talking to the bots. If the admin is OK with this current situation, there is nothing I can do to change it. The show will go on, people will get paid and more junk will get posted. Horraay.

This forum is just like the US economy. (fake)

Isnt something new and we've been seeing this scenario for how many years now where topics do become megathreads and further replies arent really that much off significant.
Sorry for bumping this up since this had been almost 20 days gap in response but i cant just deny on whats the reality we are facing on but since this is an off topic then
better create threads in related to this manner.

On topic reply about  NFT's on bringing up some changes then i dont think for it to be that relevant.They might be applied but wont really
be mainstream.

[Obito]

NFT offers a lot of opportunities especially to the gambling industry. Imagine a new form of gambling where you use avatars that are powered by NFT, which could help decide how much you can earn per win, or just plain simple rewards given in the form of NFT cards, wouldn't that be cool? This is just the surface of what NFT could really provide for gambling, and of course as time goes by people will find novel and innovative ways to integrate NFT into their gambling system.

I could get behind the second one, where you are rewarded for winning but the first seems like a pay to win scheme in my opinion, having your NFT decide how much you are winning doesn't leave a good taste in my mouth. I would love if NFT could be used as a reward for games or maybe even a prize for a lottery.

[ReiMomo]

NFT has been there since then. Many actually tried to create NFTs related to Gambling, however, it didn't take long when they got eliminated because of the gambling industry’s regulations besides, it is really irrelevant to the Gambling industry. The relationship between the two is too far to be connected.

Tokens being considered as poker has been there before, but again, it did not take long. I’m just looking forward to the regulatory board to at least give chance for alt tokens to be used as chips in digital gambling platforms. But the percentage of the change is very much low.

[justdimin]

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!

Anything that needs preventing counterfeiting and decentralized storage for preventing manipulation then blockchain must be a good platform for them to host. I guess this is what exactly happening right now with NFT things. But, when billionaires will be participating, I could foresee where this trend will land in very short period of time itself.

Already some gambling developers started showing implementing NFT with respect to gambling approach definitely a good news to have. Still, I wonder how I am going to make use of the merge of NFT and gambling. At least this new approach of gambling get me some profits or will remain as usual gambling... .

[Impala8_]

I discovered REALFEVR
guys are making football NFT moments
I think NFT will be hyped in coming years

[RussianEnglishTranslation]

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!

You received a lot of answers that do not address gambling so I will. NFTs in gambling could be used as rewards for playing that could be used to increase your odds or allow you to access high roller tables etc. like being a VIP at a casino in Vegas. Custom playing cards could be collected as NFTs. NFTs could be gifted to players when they withdraw from a casino like mixercasino dot com, which will use 0xMR token.

[kak uli]

maybe the concept in NFT will be used in the crypto gambling industry, I think it's a very good concept that has been applied by NFT developers, in other words NFT is the art of gambling in crypto or NFT will only be a "payment" method in online gambling games

[finaleshot2016]

I believe that NFTs will be important in the gambling industry; I see a lot of good use cases for NFTs in gambling if gambling platform developers become more creative and idealistic. If they're making a gambling game, or a card game, their cards can be NFTs that can be wagered on. If you check NFTs in the gaming industry, it's being used to play the game and earn some money so if we are using that idea, we can also use NFTs in order to win some extra in gambling games or use it as an asset for betting.