What will be the next big industry move?

[madnessteat]

^

In my opinion, the DAO model is perfectly suited to change the work of various protocols that are still at the level of creation are fully protected from regulatory harassment. It seems to me that in the case of gambling such a management model will be superfluous because the main issues with the regulators will still have to solve the person who receives a license for gambling activities.

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[Lucasgabd]

cut

Oh, this has already happened.

Rollbits have their own Rollbot NFTs and I'm fairly sure that BetFury is also trying to dabble in that space.

I actually think that the DAO model makes a lot of sense for casinos - the people who own the bankroll should have a say in how the site is run through a governance token.

In my opinion, the DAO management model does not work the way users would like it to. We have seen more than once in more than one project, when project teams could influence this or that decision, which in their opinion should be made. So in my opinion DAO model is only creating the appearance of decentralized management, which is actually a deception, to put it mildly.

That's right, the concept of DAO on a gambling site is just a 'subtle scam' that the owners may intentionally set up for their customers. why I say this because when you have problems playing, depositing or withdrawing then the site owner can easily say that 'we are not involved with the business because we adopted the DAO concept' this is a subtle scam.

Yes, this situation is unfortunately possible. 

DAO is a relatively new innovative management tool.  Therefore, various abuses are possible.  However, DAO (Decentralized Autonomous Organization) is a very promising form of online casino organization. 

This may resolve government regulation issues in some jurisdictions. 

People can organize DAOs and host poker tournaments on their own.  Acceptance of bets and fair payment of winnings will be guaranteed by a smart contract. 

A fully decentralized online casino is a very interesting concept.

the casino DAO could have their own token and distribute part (or all of) their profits to stakers, a bit like what Looksrare marketplace is doing right now with NFTs and the vampire attack on opensea

interesting ideas to think about.

[OgNasty]

Jake Paul being involved in buying a majority stake of the UFC’s parent company so that they can fire Dana White is some next level shit… Dana about to be a full time Nelk Boy while Jake Paul is going to effectively end his career. This might be one of the hardest flexes I’ve ever seen. Maybe surpassing what happened to Topps as a company. Jake Paul is a legend if he pulls this off. “I’ll buy your company just to fire you.” Boss move. Respect.

[Smartprofit]

Yes, I'm reading the analytical report of "Messari" now.  Its author writes that in the future we will all work in the DAO. 

This is a much more progressive form of business organization than standard joint-stock companies or limited liability companies.  In standard joint-stock companies, employees and customers do not participate in the distribution of company profits. 

DAOs (Decentralized Autonomous Organizations) solve this problem. 

Therefore, it is logical to assume that in the near future the majority of online casinos will operate in the form of a DAO.

[Lucasgabd]

Yes, I'm reading the analytical report of "Messari" now.  Its author writes that in the future we will all work in the DAO. 

This is a much more progressive form of business organization than standard joint-stock companies or limited liability companies.  In standard joint-stock companies, employees and customers do not participate in the distribution of company profits. 

DAOs (Decentralized Autonomous Organizations) solve this problem. 

Therefore, it is logical to assume that in the near future the majority of online casinos will operate in the form of a DAO.

many say DAOs will be the future of companies, I tend to agree with that
maybe can we say that DAOs will also be the future of politics too? with a better system in place to solve problems and decide things in terms of money and social incentives?

[KTChampions]

And I agree, some level of privacy must be allowed otherwise we are living in a police state, however people do not understand this, they are so used to have no privacy and to post everything they do  in social media that they do not even understand the concept of privacy anymore, meaning that even if we do not have daily raids into our homes for information governments are doing the equivalent of this digitally, but since it is invisible and painless people do not see it.

The pressure on private property and privacy is a trend that will intensify every year. The World Economic Forum explicitly states this as part of its agenda. I wonder why this does not cause aggression in people, in my opinion these are absolutely inhumane programs that threaten everyone personally. And I do not think that some kind of digital decentralization without a real struggle will help to cope with such "innovators".

[Smartprofit]

Yes, I'm reading the analytical report of "Messari" now.  Its author writes that in the future we will all work in the DAO. 

This is a much more progressive form of business organization than standard joint-stock companies or limited liability companies.  In standard joint-stock companies, employees and customers do not participate in the distribution of company profits. 

DAOs (Decentralized Autonomous Organizations) solve this problem. 

Therefore, it is logical to assume that in the near future the majority of online casinos will operate in the form of a DAO.

many say DAOs will be the future of companies, I tend to agree with that
maybe can we say that DAOs will also be the future of politics too? with a better system in place to solve problems and decide things in terms of money and social incentives?

It is much easier to reform the gambling industry than the sphere of politics and government. 

There are laws of centralized power.  The symbol of centralized power is the pyramid.  The base of the pyramid is the people.  The top is the control group.  This is a very stable construction.  The people who really manage world processes are not interested in creating decentralized structures.  They like the principle of transparent blockchain.  But they don't want their decisions and their transactions to be transparent. 

Yes, DAO can be used to control individual states and even the entire planet.  But modern managers will very aggressively prevent the introduction of such innovations. 

With the gambling industry, everything is much simpler.  The gambling industry is always open to innovation.  Including in the field of cryptocurrencies and web 3.0.

[Lucasgabd]

yes @Smartprofit
smaller institutions and areas are definitely easier to reform and change
I like the analogy of the kayak and the big ship
if you're on a small ship with less people its much easier to change directions and decide than in a huge Titanic

governments can fight descentralization but in the end they'll probably lose

I'm reading "The Sovereign Individual" now and they talk a lot about that, megapolitical transformations on the transition to the digital era

[Smartprofit]

yes @Smartprofit
smaller institutions and areas are definitely easier to reform and change
I like the analogy of the kayak and the big ship
if you're on a small ship with less people its much easier to change directions and decide than in a huge Titanic

governments can fight descentralization but in the end they'll probably lose

I'm reading "The Sovereign Individual" now and they talk a lot about that, megapolitical transformations on the transition to the digital era

The first joint-stock companies were created by pirates. 

Pirates went on a campaign for prey.  At a general meeting, they chose the captain, first mate, quartermaster, boatswain, chief gunner and carpenter.  These were the key members of the team.  Governing bodies.  All of these positions were elective.  All team members were entitled to a share of the booty. 

The pirates did not own the tokens of the digital decentralized project...  And smart contracts had not yet been invented.  The agreement was on paper. 

However, the pirate ship was very similar to a DAO (Decentralized Autonomous Organization).  There are many similarities between an online casino and a pirate ship. 

Gambling, like pirate raids, is based on the belief in luck. 

Pirates and gamblers are born fatalists.  Therefore, a decentralized DAO is close to both.

[Silberman]

And I agree, some level of privacy must be allowed otherwise we are living in a police state, however people do not understand this, they are so used to have no privacy and to post everything they do  in social media that they do not even understand the concept of privacy anymore, meaning that even if we do not have daily raids into our homes for information governments are doing the equivalent of this digitally, but since it is invisible and painless people do not see it.

The pressure on private property and privacy is a trend that will intensify every year. The World Economic Forum explicitly states this as part of its agenda. I wonder why this does not cause aggression in people, in my opinion these are absolutely inhumane programs that threaten everyone personally. And I do not think that some kind of digital decentralization without a real struggle will help to cope with such "innovators".

I think the answer to this is simple, people are not very good dealing with things they do not see, they think that since they have in theory nothing to hide then they should not be worried and only the criminals will suffer, also as long as they get something people are willing to sacrifice anything for a little bit of more comfort, and both of those concepts are something we see with social media and how people have almost forgot of any concept of privacy, something that was very present in generations in the past.

[Lanatsa]

And I agree, some level of privacy must be allowed otherwise we are living in a police state, however people do not understand this, they are so used to have no privacy and to post everything they do  in social media that they do not even understand the concept of privacy anymore, meaning that even if we do not have daily raids into our homes for information governments are doing the equivalent of this digitally, but since it is invisible and painless people do not see it.

The pressure on private property and privacy is a trend that will intensify every year. The World Economic Forum explicitly states this as part of its agenda. I wonder why this does not cause aggression in people, in my opinion these are absolutely inhumane programs that threaten everyone personally. And I do not think that some kind of digital decentralization without a real struggle will help to cope with such "innovators".

I think the answer to this is simple, people are not very good dealing with things they do not see, they think that since they have in theory nothing to hide then they should not be worried and only the criminals will suffer, also as long as they get something people are willing to sacrifice anything for a little bit of more comfort, and both of those concepts are something we see with social media and how people have almost forgot of any concept of privacy, something was very present in generations in the past.

Innovation doesn't stop and there would really be changes that would happen as long it would really bring out benefit and comfort not only limited with gambling industry but also into other industries as well on which innovation would really be there even though there are some which is only on presumption or rumors but once those informations do leaked out then there would be always a probability
that it could really happen. Concepts in the past would neither can or cannot be seen on future upgrades or changes.So it wont really be that surprising.

[goku19]

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.

[iv4n]

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.

NFT, NFT, NFT... looks like everyone talks about NFT! I decided to try some NFT game at Biswap, we will see what will happen with that... I don't have some big hopes, it was a bit complicated to start everything, and now it's just clicking! I didn't see anything super special for now, so I don't know why this big hype, maybe because it's profitable for people? I hope it's not the only reason why people like NFT so much... for now I am missing the excitement I get from playing any classical gambling game!

[Lucasgabd]

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.

this is possible and there are tons of ways to apply it
from POAPs confirming the attendance in events, membership "cards" as NFTs that give you access or special odds in some other games, Art NFTs as prizes or part of the prize pool... many possibilities.

[molsewid]

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.

Yes dude, NFT is really in hype, actually this thing is hype already last year and I see it coming till this year that this will still be in top of the eye catcher of cryptocurrency. I am already involved in NFT last year and I can say that somehow it is a good investment but not all the time, still it is a crypto related and expect the volatility. So yeah, for me my much awaited revelation this year of industry move is the metaverse especially virtual reality feature with gambling related feature. I don't know but thinking the experience of gambling while in the comfort of your home but experiencing like you're inside a room of a real gambling casino vibes excites me.

[coolcoinz]

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.

NFT, NFT, NFT... looks like everyone talks about NFT! I decided to try some NFT game at Biswap, we will see what will happen with that... I don't have some big hopes, it was a bit complicated to start everything, and now it's just clicking! I didn't see anything super special for now, so I don't know why this big hype, maybe because it's profitable for people? I hope it's not the only reason why people like NFT so much... for now I am missing the excitement I get from playing any classical gambling game!

NFT seems to be a hype that will die just like ICO did after 2018. People are hyped because they read about all those kids who made 100k selling a single graphics like those tradable pokemon cards or rare baseball cards your grandparents had. The truth is 90% of those cards were worthless and it's the same with nfts. Someone made a million dollars on them but a million of other suckers will lose 1 dollar.

[johhnyUA]

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.

NFT, NFT, NFT... looks like everyone talks about NFT! I decided to try some NFT game at Biswap, we will see what will happen with that... I don't have some big hopes, it was a bit complicated to start everything, and now it's just clicking! I didn't see anything super special for now, so I don't know why this big hype, maybe because it's profitable for people? I hope it's not the only reason why people like NFT so much... for now I am missing the excitement I get from playing any classical gambling game!

Try game on biswap is good idea as for me, man.
but the problem of such P2E games is the fact that you need to buy bus and team at first, and grind at second. The same as Axie Infinity.
And experience is completely different from ordinary gambling

[yayayo]

It would be nice if you could implement a 3D function somewhere, that you could virtually walk around in a casino with Glasses, for example. The live games are now based on VR technology, but not yet completely complete. I think that software companies will focus on that after all. That makes the connection between players and the casino greater. A bit to taste the real atmosphere when you walk into a physical casino.

ya.ya.yo!

[passwordnow]

It would be nice if you could implement a 3D function somewhere, that you could virtually walk around in a casino with Glasses, for example.

This is like the actual Metaverse, a virtual reality. There might be in the phase of testing and development already, it's ideal and one encouraging way to visit a casino if you're walking in a VR world. And about the glasses, it's the device that we need to see the projection of it, I forgot what we call that.

The live games are now based on VR technology, but not yet completely complete. I think that software companies will focus on that after all. That makes the connection between players and the casino greater. A bit to taste the real atmosphere when you walk into a physical casino.

ya.ya.yo!

We'll be going there. It's about upgrade and we don't have anywhere to go but only there, soon it's going to be one feature of each crypto casinos.

[TimeTeller]

It would be nice if you could implement a 3D function somewhere, that you could virtually walk around in a casino with Glasses, for example.

This is like the actual Metaverse, a virtual reality. There might be in the phase of testing and development already, it's ideal and one encouraging way to visit a casino if you're walking in a VR world. And about the glasses, it's the device that we need to see the projection of it, I forgot what we call that.

The live games are now based on VR technology, but not yet completely complete. I think that software companies will focus on that after all. That makes the connection between players and the casino greater. A bit to taste the real atmosphere when you walk into a physical casino.

ya.ya.yo!

We'll be going there. It's about upgrade and we don't have anywhere to go but only there, soon it's going to be one feature of each crypto casinos.

I believe, at first, it will be a lil bit expensive for small time gambler.
But as more casinos will be offering this kind of VR experience, it will slowly go down its price as well as the gadget needed.
We are heading in that direction faster than its normal phase, because up until now, a lot of players don't want to go in traditional casinos.
This is owed to the continuing impact of covid virus, and now, we are battling another variant.
So this type of casino experience is what other gamblers are looking for in replacement of traditional casino.