What will be the next big industry move?

[goldkingcoiner]

I agree.

I don't like fiat either but still force on using it because we doesn't have a choice since the Government still uses it for corruption and of course manipulating the economy that leads to further conflicts like wars, etc... The future of gambling industry won't stick to the old style for sure because like us using fiat, they won't have a choice if fiat is gonna be phased out in the future, surely they will be force to adopt the latest form of payment which is cryptocurrency or electronic payment system.

That is exactly correct. If anything the whole matter is not what or how but rather when. Its going to happen, sooner or later crypto will become the next generation of money. It really should have happened sooner, we have been using the current monetary systems for too long. They are outdated and have been so, ever since the age of internet came. I cannot say how much crypto will stop corruption and wars but it will definitely help!

One of the only constants when it comes to human civilization is that change is always coming, and the ones that adapt the fastest to those changes are the ones that get the most benefits out of it, one example of this is bitcoin, there are still many people that resist the use of bitcoin and they do not want to adapt their ways as they think bitcoin is not going to last, however those that have adopted bitcoin the fastest are the ones that have obtained the most benefits, and this is a principle that applies to all markets and not only to this one.

Well you are partly correct, I say only partly because change is everywhere and adopting every change is not really a good strategy because most change ends up in a dead end and brings nothing revolutionary or innovative. So the adopters that do find something worthwhile and adopt it early, are really just lucky. Thats all it is. Luck. A lot of people got lucky and invested in Bitcoin when it costs mere cents.

[Peanutswar]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

[wxa7115]

It is certain that gambling sites that are behind in technology will be forced to follow current trends if they want to continue to maintain their business

The hype about NFT and Metaverse is going to go on for a long time, this is a great opportunity for gambling business owners to introduce their loyal customers that their company is at the forefront of the gambling business.

It is the same as always, the casinos that evolve and adapt to the new technologies and circumstances will make a lot of money and will thrive, the casinos that are set in their ways and do not want to change will disappear.

It is as simple as that, and it is obvious that the NFTs and the metaverse while still on the early stages of their development are the next big move in the industry, so which casinos will come on top will depend on the execution and the integration of those two concepts in their operations.

[adzino]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.

[sunsilk]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

The trend that shall mix gambling and NFT, I don't think that's going to be another trend. There has been a lot of projects before the NFTs came that's integrated with gambling and close to the schemes of NFT but they did no good.

But it's quite too early to say that there won't be any success for another tries for this integration. Whatever they come up with another idea, they're for sure going to spend a lot of time thinking how to market it. Thus, it's another trend that has always been on the line and being liked by most of us.

[Hamphser]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.

I could also say that this current pandemic situation did really put us up on a condition on where most people now are focused on digital world and thats what put up some emphasis on developing things which is attached

to it which i could say also that once we do go back to normal then less interest would really be putting on it once again but for now they hype and attention is really into this part which i couldnt really blame them off.

Hype and trend would die away and only potential ones or does have real use case would really remain and this is where smart investors/companies would really be that considerate.

[traderethereum]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.

I could also say that this current pandemic situation did really put us up on a condition on where most people now are focused on digital world and thats what put up some emphasis on developing things which is attached

to it which i could say also that once we do go back to normal then less interest would really be putting on it once again but for now they hype and attention is really into this part which i couldnt really blame them off.

Hype and trend would die away and only potential ones or does have real use case would really remain and this is where smart investors/companies would really be that considerate.

When we back to normal conditions, people will still focus on the digital because they get something new than what they get in real life.
They can still use the old ways but they also use the new way to interact with the digital more often than before.
This pandemic brings a new situation to people and it supports by technology that can give them a new way to interact.
The gambling industry will give more ways for people to gamble because they can gamble in any place. If they are still at home, they can use their gadgets to visit the casinos and play gambling right away without anyone knowing.
It is what the companies can catch to serve those people to use them all of their days.
With more technology involved in our life, it can reduce our ways to socialize with others because we can use the technology to get them close to us.

[Smartprofit]

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

Nowadays, NFTs are mostly encrypted images or texts.  Modern NFTs are in the early stages of development. 

In the future, NFTs will be complex encrypted unique programs.  These programs will give additional rights and opportunities to the inhabitants of the Metaverse.  Their value will exceed the value of money.  The opportunity to win such NFTs at online casinos will be perceived as a very big luck. 

I am very glad to be on the Bitcointalk forum! I have the opportunity to look into the future (including the future of gambling).

[LUCKMCFLY]

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

I think that yes, they are also going to go for the NFTs, but mainly they are going to combine it with everything from the Metaverse, it is logical that they want to use all the technology possible to go there but guaranteeing that they do not lose money on the part of the Metaverse. Players and investors, as we already have the experience of NFT games where many have been victims and have been scammed, I think that for now everything will go there and it will be the explosion of new networks such as Polygon, Solana, among others.

[Silberman]

Another next big industry move besides my speculation of the possbility of incorporation of NFTs and the metaverse by the gambling services in the cryptospace is the adoption of algorithmic stablecoins as their main currency. Stablecoins like Terra’s UST.

Similar to the argument that stablecoins brought the Defi boom and NFT boom as mentioned in this article, it might also bring an opportunity for cryptogambling services to boom.



An algorithmic stablecoin is one that can keep its peg using only software and rules. If one ever works, it could scale infinitely, to whatever size an economy needs.

"To create USDC you need USD in the bank, and that works well if you're just starting out," Tan said. "What comes after, it's the right kind of monetary policy that allows stability and low volatility to allow people to trade ... if we can do that with math and we can do that with monetary policy, that's more efficient."

Without stablecoins, there would have been no decentralized finance (DeFi) booms, which means there probably would have also been no non-fungible token (NFT) boom. Stablecoins have been table stakes for what the industry has achieved so far.

Source https://www.coindesk.com/tech/2021/07/06/the-quest-for-a-truly-decentralized-stablecoin/

I have nothing against stablecoins, although they have their drawbacks, but I have great doubts about algorithmic stablecoins. I would never keep even a small amount in such coins as their very name implies their unreliability in certain situations. Maybe I am conservative in my views, but I believe that if you issue a stablecoin, then you should have 100% reserve for it. If you are issuing a stablecoin without full reservation, then simply call it a cryptocurrency or a token and not a stablecoin.

I think the same, those coins have their appeal so I understand why people buy them however they are completely untested so if someone actually wants to use those coins as stable coins then to me that is a mistake, so with this in mind that means that even if I am not a fan of regular stable coins that claim to be backed completely by fiat due to their centralized nature, at least to me the idea makes way more sense than a supposed stable coin that depends on an algorithm.

[madnessteat]

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

I think that yes, they are also going to go for the NFTs, but mainly they are going to combine it with everything from the Metaverse, it is logical that they want to use all the technology possible to go there but guaranteeing that they do not lose money on the part of the Metaverse. Players and investors, as we already have the experience of NFT games where many have been victims and have been scammed, I think that for now everything will go there and it will be the explosion of new networks such as Polygon, Solana, among others.

In order not to be cheated you need to learn how to research projects before investing. I try to invest in projects that have public people in their team, large funds in investors and good ideas.

There are a lot of scammers in the cryptocurrency world and they also keep an eye on technology so you have to always be on the lookout. It is better to check the project yourself before investing than to rely on other people's opinions and then regret.

[Fatunad]

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

I think that yes, they are also going to go for the NFTs, but mainly they are going to combine it with everything from the Metaverse, it is logical that they want to use all the technology possible to go there but guaranteeing that they do not lose money on the part of the Metaverse. Players and investors, as we already have the experience of NFT games where many have been victims and have been scammed, I think that for now everything will go there and it will be the explosion of new networks such as Polygon, Solana, among others.

In order not to be cheated you need to learn how to research projects before investing. I try to invest in projects that have public people in their team, large funds in investors and good ideas.

There are a lot of scammers in the cryptocurrency world and they also keep an eye on technology so you have to always be on the lookout. It is better to check the project yourself before investing than to rely on other people's opinions and then regret.

When you are investing then you should do all these basic things on where you should research first and make out analysis because you couldnt just put off and then expect for some positive results because
this isnt how investment works here on crypto.YOu should be vigilant on things happening around and dont let yourself believe on people who do suggest like this and like that because
most likely you would really likely get scammed.Industry would move out no matter what and its inevitable because enhancement and developments is non stop.

[l3pox]

<..>
I think the same, those coins have their appeal so I understand why people buy them however they are completely untested so if someone actually wants to use those coins as stable coins then to me that is a mistake, so with this in mind that means that even if I am not a fan of regular stable coins that claim to be backed completely by fiat due to their centralized nature, at least to me the idea makes way more sense than a supposed stable coin that depends on an algorithm.

you are right, wouldn't be smart to put all your savings on stablecoins, but for now they are surviving the test of time, let's see if this keeps like that or if we'll have issues on the market soon

best advice at this moment would be:
stay alert

[DU18]

<..>
I think the same, those coins have their appeal so I understand why people buy them however they are completely untested so if someone actually wants to use those coins as stable coins then to me that is a mistake, so with this in mind that means that even if I am not a fan of regular stable coins that claim to be backed completely by fiat due to their centralized nature, at least to me the idea makes way more sense than a supposed stable coin that depends on an algorithm.

you are right, wouldn't be smart to put all your savings on stablecoins, but for now they are surviving the test of time, let's see if this keeps like that or if we'll have issues on the market soon

best advice at this moment would be:
stay alert

if market conditions move like now, of course stablecoins are a good option in securing the money we have, but I think we also have to be willing to take risks by entering the market and setting aside 50% of the money we have to buy when it dips like now .

[molsewid]

you are right, wouldn't be smart to put all your savings on stablecoins, but for now they are surviving the test of time, let's see if this keeps like that or if we'll have issues on the market soon

best advice at this moment would be:
stay alert

I believe that with the current market we have right now in crypto stable coins are the good option though I would not also advise to of course put all your savings in to stable coins because this kind of strategy only works if ever you have stop loss or cut your loss when you see that the market is going to have a huge price correction (this is base on my experience and opinion). But to be honest, the market situation right now is a good time to take advantage to add or refill your portfolio with the token that you really love to hodl for a long term investment.

[Sterbens]

It is certain that gambling sites that are behind in technology will be forced to follow current trends if they want to continue to maintain their business

The hype about NFT and Metaverse is going to go on for a long time, this is a great opportunity for gambling business owners to introduce their loyal customers that their company is at the forefront of the gambling business.

The casino will research before implementing NFT and Metaverse to their site because they need to know what benefits they can give to their members. If that is about creating a new token that will not benefit their members, they will not try it instead of still using the old way that already can satisfy their members. Maybe the casino will find the other way to follow the current trend to attract more members to their site and I am sure the casino will always want to update their technology with the newest technology to give their best to their members.

You're right, the casino will definitely do a lot more than just taking advantage of the NFT hype or the Metaverse which if it were temporary it would be better if the casino didn't want to. Just as casinos have long-term prospects and the profits they have made on gambling have actually been huge. Adding gambling to the world of the Metaverse may be a start, but that doesn't mean it's accessible to all gamblers.

[passwordnow]

You're right, the casino will definitely do a lot more than just taking advantage of the NFT hype or the Metaverse which if it were temporary it would be better if the casino didn't want to. Just as casinos have long-term prospects and the profits they have made on gambling have actually been huge. Adding gambling to the world of the Metaverse may be a start, but that doesn't mean it's accessible to all gamblers.

Accessible that there would be some requirement before a gambler can proceed and join that additional feature if it's on Metaverse. That's the talk of majority right now because there's the bigger that everyone sees with it. NFT hypes cannot last for long and that's why they just can't depend on it, the important thing with them is to cope up whatever is the likes of the customers for them to keep themselves on the trend just as what their customer wants them to see adopt.

[Sterbens]

You're right, the casino will definitely do a lot more than just taking advantage of the NFT hype or the Metaverse which if it were temporary it would be better if the casino didn't want to. Just as casinos have long-term prospects and the profits they have made on gambling have actually been huge. Adding gambling to the world of the Metaverse may be a start, but that doesn't mean it's accessible to all gamblers.

Accessible that there would be some requirement before a gambler can proceed and join that additional feature if it's on Metaverse. That's the talk of majority right now because there's the bigger that everyone sees with it. NFT hypes cannot last for long and that's why they just can't depend on it, the important thing with them is to cope up whatever is the likes of the customers for them to keep themselves on the trend just as what their customer wants them to see adopt.

And one more thing we need to laugh about together about the NFT hype. For example, we are in the trend of NFT picture A which is very hype and has attracted many fans to spend big money just to buy it. Meanwhile, the promoter knows when the NFT hype must last and when the NFT hype must immediately sink. So when we come in the last queue to buy NFT which in fact dims in a short time? who is harmed? none other than the ultimate buyer.

While in our gambling we will maintain the existence of betting and continue to be updated with effectiveness like betting in a sportsbook that will never go out.

[KTChampions]

You're right, the casino will definitely do a lot more than just taking advantage of the NFT hype or the Metaverse which if it were temporary it would be better if the casino didn't want to. Just as casinos have long-term prospects and the profits they have made on gambling have actually been huge. Adding gambling to the world of the Metaverse may be a start, but that doesn't mean it's accessible to all gamblers.

Doesn't the availability of different functions of the Metaverse to different people cancel its meaning? It will no longer be the Metaverse, but a set of services. On the other hand, no Metaverse will be able to allow gambling for everyone due to the requirements of the regulators. I wonder how the creators of the Metaverse will solve this problem.

[Sterbens]

You're right, the casino will definitely do a lot more than just taking advantage of the NFT hype or the Metaverse which if it were temporary it would be better if the casino didn't want to. Just as casinos have long-term prospects and the profits they have made on gambling have actually been huge. Adding gambling to the world of the Metaverse may be a start, but that doesn't mean it's accessible to all gamblers.

Doesn't the availability of different functions of the Metaverse to different people cancel its meaning? It will no longer be the Metaverse, but a set of services. On the other hand, no Metaverse will be able to allow gambling for everyone due to the requirements of the regulators. I wonder how the creators of the Metaverse will solve this problem.

I also would not believe that this problem can be realized properly. Therefore, Metaverse-based gambling will only be a platform that can be accessed by people who are financially loyal in gambling. While we still will not be too interested in trying it. Btw our gambling at the casino is still more effective and more accessible than with the much more complicated Metaverse gambling.