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Author Topic: Metaverse x Gambling  (Read 1144 times)
pinggoki
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September 11, 2021, 06:49:13 PM
 #81

Metaverse and NFTs opened a wide avenue for people who support cryptocurrencies and technology in general to explore and make use of. Gambling may find its way in this field once Metaverse games and systems are much more established which could happen in the near future, provided that the industry receives the same notice and admiration from the people consistently. More people finding NFTs neat and useful, means more people exploring what NFTs can be used for, creating a diverse environment that gambling needs in order to flourish. So yeah, there is a huge possibility that as long as things don't go south, we could experience our first few gambling metaverse games within our lifetimes, maybe even play it ourselves.
I think this kind of massive adaptation will benefits a lot of players another NFT game will arise and compete with other top rising, still this is a gambling game need to have skills to win the game but I guess not too hard to play gambling instead its an easy way and having a reward, does the multiverse means an outside world of futuristic ideas like alien gambling or a planet representative to fight with their world.
Doesn't have to have a particular type of gambling for it to work. For all we know developers could envision a slot or diceroll game that is basically based on chance rather than skill and it could still work because people will enjoy gambling anyway as long as they win in one way or another. This could be the case for the first few games that the Metaverse system and NFT industry could have in the near future, and you could bet your bottom dollar that I will try to play it provided there is no complicated stuff that could keep me from playing the game.



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September 11, 2021, 07:36:50 PM
 #82



Let's take Axie Infinity as an example. Many people, even not crypto-oriented or familiar with anything about crypto try to enter game and forced themselves to learn because of the play-to-earn- feature.

The same will goes on Metaverse-based games that involve gambling features. Even a gambler is not familiar or having difficulty understanding the stuff about metaverse or NFTs, as long as they see more opportunities to earn here while doing gambling, they will do anything to learn it.

And no. It won't be a threat in the future for usual gambling because features are different.

Where the money is that's where people will go, that is why so many people learn about Cryptocurrency because of Axie Infinity the attraction of making money for just doing simple tasks is a big come-on for people who want income at their home at this time of the pandemic.

Metaverse is something new and it's taking the Crypto community by storm there are so many projects involving metaverse but people should still do proper research, as scammers will make this new niche their new playground.


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September 12, 2021, 01:01:50 AM
 #83

The hype that's generated by NFT is both a good and bad thing because if you look at it, there's more people that's getting into crypto but at the same time, this people are also gullible so they're likely to get scammed as scammers are getting more rampant too.

seems like for people who like nft games, gambling system is big no for them. because they consider NFT as an investment not as a gamble most of them interested because it was made as investment that will definitely generate returns and profits. maybe the metaverse for nft real games will get more people to joined.
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September 12, 2021, 01:43:04 AM
 #84

Developers are striking while it's hot, metaverse gaming is now a big trend in the market, there are new NFT projects being launched and if you check the altcoin section, there's a lot of topics about metaverse gaming, metaverse play to earn poker is new but a promising niche, Decentral plan is very cool and they are targetting poker players, this is something to look forward in the gambling industry.

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September 12, 2021, 06:47:23 AM
 #85

Developers are striking while it's hot, metaverse gaming is now a big trend in the market, there are new NFT projects being launched and if you check the altcoin section, there's a lot of topics about metaverse gaming, metaverse play to earn poker is new but a promising niche, Decentral plan is very cool and they are targetting poker players, this is something to look forward in the gambling industry.
It is in demand but there are still some features that have been just done repeatedly by them.

A metaverse with poker, just imagine those virtual real estate or game plays that have casinos on the game and you'll get to play virtually as if you're going to the casino virtually with the Vegas vibes, I think that's what they have to aim.



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September 12, 2021, 08:25:41 AM
 #86

It depends on how the gamblers fully familiarize themselves with these new trends, gamblers love to play in a traditional setting online and offline, if this metaverse gambling is easy to understand, no complications and gamblers can easily relate or familiarize and profitable, they will easily get into it, we'll see next year if this metaverse gaming will take off and become a serious threat.

Let's take Axie Infinity as an example. Many people, even not crypto-oriented or familiar with anything about crypto try to enter game and forced themselves to learn because of the play-to-earn- feature.

The same will goes on Metaverse-based games that involve gambling features. Even a gambler is not familiar or having difficulty understanding the stuff about metaverse or NFTs, as long as they see more opportunities to earn here while doing gambling, they will do anything to learn it.

And no. It won't be a threat in the future for usual gambling because features are different.
I'd reckon it wouldn't really be difficult, it's only changing a platform plus adding in features that make it seem like it's a whole new 3d world specifically made for gambling purposes. It, at it's core, is still a game. Gamblers in the general sense play gambling as "games", so I hardly think it would be that hard. IF the complications involved let's say, country-wide restrictions, hardware specifications, and many more requirements that would make it a pain in the ass to play, then maybe, but if it was the usual games? I hardly doubt it would be difficult.

R


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September 12, 2021, 08:26:09 AM
 #87

Idk how else would it differ from other P2E schemes, but given that there are elements of poker embedded on it, I'm sure it will quickly gain a following and supporters. The NFT space is growing more and more every day, and with such projects like this, the growth would only accelerate. The problem is, at the end of the day, it's just poker, so it will be hard to persuade people to transfer over to metaverse just to satiate their gambling needs. Then again, the NFT space is looking more and more promising by the day, so I think there's already that for people who are still quite unsure if they should jump ship or not.

Perhaps I'm wrong, but NTF has long been reminiscent of a superbubble or even a fraud when, for example, the dumbest "collections" are made and, by means of boosting trades, tokens are given a value that they do not have just in order to sell this garbage to someone. In my opinion, all this can burst at any moment.

What I think is that the concept of NFT is great but the way it is being used currently is shit.
The implementation of NFT is technically sound and can give many utilities but it is just being used to trade digital art these days.
People are selling shit arts for thousands of dollars which makes me feel this is definitely a bubble because who would pay thousands of dollars for a drawing which even a teenager could draw.

NFT has a far better usecase than this and I think gaming is one of them. NFTs in gaming can change the way how NFTs are utilised.

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September 12, 2021, 10:25:02 AM
 #88

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?

Quote
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

You can find all of these games at thousands of other online casinos already - both with fiat currency and cryptocurrency. NFT's is just the buzzword of the moment and this is a company looking to make money from that. Being a "first mover" in this situation is almost useless when there are so many barriers to entry is a recipe for failure. I cannot see many people paying upfront in order for the chance to earn money by grinding, especially when it requires a lot of people doing the same thing for the whole system to grow. Free to play is what people want when they're already risking money at the tables. There seems to be a lot of marketing hype but little substance to the whole setup - it'll probably be dead within a year or two. If not, it will have drastically altered from the current configuration and probably to the detriment of earlier buyers.

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September 12, 2021, 04:12:33 PM
 #89

Perhaps I'm wrong, but NTF has long been reminiscent of a superbubble or even a fraud when, for example, the dumbest "collections" are made and, by means of boosting trades, tokens are given a value that they do not have just in order to sell this garbage to someone. In my opinion, all this can burst at any moment.

What I think is that the concept of NFT is great but the way it is being used currently is shit.
The implementation of NFT is technically sound and can give many utilities but it is just being used to trade digital art these days.
People are selling shit arts for thousands of dollars which makes me feel this is definitely a bubble because who would pay thousands of dollars for a drawing which even a teenager could draw.

NFT has a far better usecase than this and I think gaming is one of them. NFTs in gaming can change the way how NFTs are utilised.

But it seems to me that even the very concept of NTF is crap. There are many inconsistencies in the very idea - NTF are supposedly unique, but there are many blockchains, and if we are talking about the connection of NTF with something real, then you can create a lot of NTF for any subject in different blockchains or even in different smart contracts.
As for the use in games, on the one hand, it looks reasonable here, but on the other hand, there are many games without blockchain and with the arbitrariness of developers, but where everything happens honestly and they do not abuse their capabilities, i.e. in the end we get the same result but without NTF.

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September 12, 2021, 06:19:51 PM
 #90


Yeah, I see plenty of gamblers trying out NFT games because it's currently fresh.

But I'm not sure about the long term prospects after this initial phase of "freshness".

People will still likely prefer to play the traditional games, and those who prefer NFT games will simply be in another category altogether. I doubt there will be a significant overlap between the two groups.

The long term is in jeopardy because the current NFT games that have the fastest ROI are having some huge problems after few weeks of starting the game. Because their rewards are always drained and the players are multiplying this is one of the problems that they've been facing right now especially those games that focus on play to earn without having daily quests or any activities to make their players have some fun without focusing on the earning features. As soon as they run out of rewards, they close the earning features like what we see right now on Cryptoblade. No one really knows if they come back again.

I completely agree.

This is the problem with these new technologies that have just entered the space.

It's clear that they have a lot of potential and can completely change the landscape of the gambling industry, but no one knows exactly how or when. Right now the long term outlook for these things is still quite uncertain I think, but I do think that metaverses have the potential to disrupt and casinos who innovate first will reap the rewards.
That is precisely the issue, when I take a look at what is happening with this new way to gamble I think there is a lot of potential there but at the same time we do not know if that potential is ever going to be materialized and if it does when that could happen, after all many people that thought the same about bitcoin invested in it very early on only to sell their coins at the wrong time as they lost hope on bitcoin ever becoming as successful as they thought and something similar could happen here.
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October 02, 2021, 05:41:40 AM
 #91


What I think is that the concept of NFT is great but the way it is being used currently is shit.
The implementation of NFT is technically sound and can give many utilities but it is just being used to trade digital art these days.
People are selling shit arts for thousands of dollars which makes me feel this is definitely a bubble because who would pay thousands of dollars for a drawing which even a teenager could draw.

NFT has a far better usecase than this and I think gaming is one of them. NFTs in gaming can change the way how NFTs are utilised.

But somehow those NFT art have a meaning in the artist and believe it or not even if it looks like a shit art to others there will be someone who has a sophisticated eye on the art that could appreciate it and that's why NFT art has still the guts to be sold on the market. Well I guess NFT concept will not probably going to hype like happening today if it's only focused in digital art, music etc. but NFT become more valuable in the eyes of the traders and investors because of the NFT game. This NFT game with a feature of a play-to-earn really made a remarkable hit for the NFT which up until now the hype of the NFT games continuously soaring high. However, thinking about Metaverse, this one is gonna be a great feature too, I mean this will be an attractive feature on crypto platform.
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October 02, 2021, 06:37:22 AM
 #92

Idk how else would it differ from other P2E schemes, but given that there are elements of poker embedded on it, I'm sure it will quickly gain a following and supporters. The NFT space is growing more and more every day, and with such projects like this, the growth would only accelerate. The problem is, at the end of the day, it's just poker, so it will be hard to persuade people to transfer over to metaverse just to satiate their gambling needs. Then again, the NFT space is looking more and more promising by the day, so I think there's already that for people who are still quite unsure if they should jump ship or not.
As time flies many would choose to jump.into the ship provided NFTs are there to earn many investors would also partake in the projects which will also prompt many people to jump in the ship even not necessarily because the love poker games but trying to earn the NFT making even more gamblers venture into metaverse because a lot of people who gamble do it to try their luck and wouldn't mind switching once a good offer is presented
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October 02, 2021, 06:55:13 AM
 #93

Developers are striking while it's hot, metaverse gaming is now a big trend in the market, there are new NFT projects being launched and if you check the altcoin section, there's a lot of topics about metaverse gaming, metaverse play to earn poker is new but a promising niche, Decentral plan is very cool and they are targetting poker players, this is something to look forward in the gambling industry.
Exactly and that's what we should do too, we need to jump in the trend while it's on it's Golden Age because it won't last a long time. Gambling on the other hand could probably stay much longer since this is a business and it doesn't need hype to continue to operate.

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October 02, 2021, 10:06:49 AM
 #94

But somehow those NFT art have a meaning in the artist and believe it or not even if it looks like a shit art to others there will be someone who has a sophisticated eye on the art that could appreciate it and that's why NFT art has still the guts to be sold on the market. Well I guess NFT concept will not probably going to hype like happening today if it's only focused in digital art, music etc. but NFT become more valuable in the eyes of the traders and investors because of the NFT game. This NFT game with a feature of a play-to-earn really made a remarkable hit for the NFT which up until now the hype of the NFT games continuously soaring high. However, thinking about Metaverse, this one is gonna be a great feature too, I mean this will be an attractive feature on crypto platform.

In fact, we can never know that this is true. NTFs have excellent opportunities to launder money (well, and to deceive naive investors also, but this is not the main real application in my opinion), we can never separate this activity from the proclaimed concept of NTF and learn the true value of NTF. The main hype of NFT is already behind (volumes have fallen sharply), maybe in the near future we will be able to roughly understand what the real niche of this innovation is.

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October 02, 2021, 10:14:24 AM
 #95

Developers are striking while it's hot, metaverse gaming is now a big trend in the market, there are new NFT projects being launched and if you check the altcoin section, there's a lot of topics about metaverse gaming, metaverse play to earn poker is new but a promising niche, Decentral plan is very cool and they are targetting poker players, this is something to look forward in the gambling industry.
Exactly and that's what we should do too, we need to jump in the trend while it's on it's Golden Age because it won't last a long time. Gambling on the other hand could probably stay much longer since this is a business and it doesn't need hype to continue to operate.

Early investors that do have the courage to test early beta games will always be benefited if the said project will be hyped. But it needs money to start and face the possibility that they might not get the ROI.  Most NFT games now are hyped at first and only a few got become stable in the long run. Cryptoblades, Alienworlds are those I played during early access exactly right from the start of their game launch but after their hype was gone, it now becomes a usual game that exists in the NFT game world.

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October 02, 2021, 10:29:20 AM
 #96

Where the money is that's where people will go, that is why so many people learn about Cryptocurrency because of Axie Infinity the attraction of making money for just doing simple tasks is a big come-on for people who want income at their home at this time of the pandemic.

Metaverse is something new and it's taking the Crypto community by storm there are so many projects involving metaverse but people should still do proper research, as scammers will make this new niche their new playground.

Just as you said, where there is money, that's where people go. Unfortunately, most people will disregard the "proper research" part of choosing an NFT game as long as it was gone hype and many people are making noise about that project. Many got wrecked because of putting a trust right away on an NFT game that became hyped.

It's the worst thing because many lose their money but on the other hand, the good side is, the next time they will put money again, they are now more educated, strict and will do their best DYOR skills as much as possible.

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October 02, 2021, 10:46:59 AM
 #97

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?


After the success of Axie Infinity and the support, the NFT and metaverse are getting, this is going to be the trending topic in the market, people are looking for new things and new experiences and metaverse is something that will send us to a new level of gaming and gambling, one metaverse project that succeeds will bring more metaverse projects.
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October 02, 2021, 11:52:31 AM
 #98

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?


After the success of Axie Infinity and the support, the NFT and metaverse are getting, this is going to be the trending topic in the market, people are looking for new things and new experiences and metaverse is something that will send us to a new level of gaming and gambling, one metaverse project that succeeds will bring more metaverse projects.

But for sure not all of them would be like the original one that'll last longer than those who followed. For example, Axie Infinity is one of the trending games in where you could earn money while playing, and then another NFT game came in, like cryptoblades which is now in the verge of rug pull, also cryptozoons, etc. More like a ponzi schemes in my opinion, but a game based one. So it is important to always do your own research before adopting an NFT or Metaverse game.
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October 02, 2021, 12:21:58 PM
 #99

~

Early investors that do have the courage to test early beta games will always be benefited if the said project will be hyped. But it needs money to start and face the possibility that they might not get the ROI.  Most NFT games now are hyped at first and only a few got become stable in the long run. Cryptoblades, Alienworlds are those I played during early access exactly right from the start of their game launch but after their hype was gone, it now becomes a usual game that exists in the NFT game world.
There's nothing to be worried too much though, yes there's risk in this games but it's a matter of gambling for this kind of stuff and you don't want to miss out on big profits because you're playing too safe. Those games that you've played, at the least you're still making money from it since it's stabilized and it didn't crash and got abandoned.

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October 02, 2021, 01:25:20 PM
 #100

Just as you said, where there is money, that's where people go. Unfortunately, most people will disregard the "proper research" part of choosing an NFT game as long as it was gone hype and many people are making noise about that project. Many got wrecked because of putting a trust right away on an NFT game that became hyped.

It's the worst thing because many lose their money but on the other hand, the good side is, the next time they will put money again, they are now more educated, strict and will do their best DYOR skills as much as possible.
Most newbies fall prey to games and NFT projects that show promise of profit but fall short in longevity. Things come and go and the same goes for projects in the cryptocurrency space, but there are a few notable ones that with a little bit of research and time, you may stumble upon and invest. Instead of going for the one-hit-wonders of the market that will only give you profits for a couple of months and would then drop out of nowhere, slow but sure projects are a better alternative. The same could be said for projects in the NFT space.
Developers are striking while it's hot, metaverse gaming is now a big trend in the market, there are new NFT projects being launched and if you check the altcoin section, there's a lot of topics about metaverse gaming, metaverse play to earn poker is new but a promising niche, Decentral plan is very cool and they are targetting poker players, this is something to look forward in the gambling industry.
As we progress to a much more advanced future, people will take notice of the Metaverse and would inevitably invest in projects that promise anything that is Metaverse-related. That being said games aren't just the things you can toy with when discussing Metaverse. There are boundless applications for Metaverse that could then be transposed into cryptocurrencies and NFT projects which would definitely amp its standing over the world.



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