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Author Topic: Are NFT games also another way to gamble your money?  (Read 2242 times)
7788bitcoin
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August 15, 2021, 05:47:04 PM
 #141

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 .

 
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August 15, 2021, 08:06:05 PM
 #142


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.

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August 15, 2021, 10:38:43 PM
 #143

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 )

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August 15, 2021, 10:51:06 PM
 #144

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.
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August 15, 2021, 11:06:45 PM
 #145

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.

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August 15, 2021, 11:20:08 PM
 #146

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.

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August 15, 2021, 11:48:16 PM
 #147

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.
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August 15, 2021, 11:56:06 PM
 #148

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

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August 15, 2021, 11:58:32 PM
 #149

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.
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August 16, 2021, 03:19:05 AM
 #150

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.

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August 16, 2021, 07:02:21 AM
 #151

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.
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August 16, 2021, 09:16:07 AM
 #152

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.

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August 16, 2021, 10:28:24 AM
 #153

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.

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carlisle1
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August 16, 2021, 11:52:17 AM
 #154

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?
Oasisman
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August 16, 2021, 12:57:33 PM
 #155

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.
TimeTeller
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August 16, 2021, 01:08:55 PM
 #156

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.
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August 16, 2021, 09:00:16 PM
 #157

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.
Oilacris
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August 16, 2021, 09:11:40 PM
 #158

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.

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August 16, 2021, 09:27:42 PM
 #159

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.
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August 16, 2021, 10:48:55 PM
 #160


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.

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