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Author Topic: What will be the next big industry move?  (Read 4701 times)
bbc.reporter
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February 18, 2022, 07:12:47 AM
 #501

Has anyone visited owl.games and owldao.io? It appears that tokenizing their casino and sportsbook might help them build a loyal community of users where those users can stake the tokens in the Dao and receive a percentage of casino earnings or the Dao has a buy back and burn mechanism which increases the token’s price.

owl.games might have begun something new for sportsbooks in the cryptospace.

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February 18, 2022, 08:02:30 AM
 #502

Simplicity is the ultimate sophistication, whatever move they make should be to simplify the process for the end user and that should equate to higher revenue from ease of use.   Any hassle in the access and usage of a website discourages players from engaging more, its probably part of why crypto is popular to begin with for many people its less hassle, so long as they are already within the crypto space of course.
I definitely agree with you that the easier it is to use the site, the better. 
However, in cryptocurrencies it is not always easier.  Sometimes, too, players have to enter into boring and annoying correspondence with support.  Which by the way does not always end well for the player. 
If we talk about the future development of the cryptocurrency gambling industry, it is obvious that the user is only interested in playing and winning, and he is turned away from using the site by all unnecessary actions, such as passing KYC or unnecessary correspondence. 
This is what website developers should strive for simplicity.

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February 18, 2022, 12:01:08 PM
 #503

Simplicity is the ultimate sophistication, whatever move they make should be to simplify the process for the end user and that should equate to higher revenue from ease of use.   Any hassle in the access and usage of a website discourages players from engaging more, its probably part of why crypto is popular to begin with for many people its less hassle, so long as they are already within the crypto space of course.
When they can simplify the steps that the end-user will use, it can be very meaningful to them and will make it easier for the end-user to use the website or platform that has been created. In addition, with this simplicity, you can get the opportunity to be popular among other platforms because end users don't need to be bothered with many things just to use the platform. Today's end users are mostly young people who are paying attention to new platforms and they want to be closer to know the benefits they can get. And crypto can provide that.

And if it is related to the gambling business, then if the developers are aware of it, they can develop the site better and for sure, they will get many members who will play on their site. Technology is constantly evolving but it depends on how they can use it.



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February 18, 2022, 01:47:40 PM
Last edit: February 20, 2022, 06:12:12 PM by ChiBitCTy
 #504

Simplicity is the ultimate sophistication, whatever move they make should be to simplify the process for the end user and that should equate to higher revenue from ease of use.   Any hassle in the access and usage of a website discourages players from engaging more, its probably part of why crypto is popular to begin with for many people its less hassle, so long as they are already within the crypto space of course.

I agree, this is really what it comes down to at the end of the day when it comes to bringing people in and keeping them there. I know when it comes to my buddies and gambling, if it isn’t super easy to navigate they want absolutely nothing to do with it.  I can’t get them to sign up for anything unless it’s super simple. Had a hard enough time getting them to set up bitcoin wallets.

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February 18, 2022, 04:52:14 PM
 #505

They should come with the demand of what their users like. But also, they have to weigh it depending on how they're looking at their own business and which they think is the right to adopt and not. Not all requests are good but there are some requests that they should be serious with and take into consideration.
They just have to listen and they still have their own decision on which they think is good to apply, adopt and not.
I really agree with you. If there is something that they can improve to fulfill the users' needs, they will be exactly developing, not left behind by other gambling platforms that may also fulfill the needs. But, on the other hand, they also should consider whether they should fulfill all the development or needs or not. Because they may accept so many requests with different types format the suers and not all requests can be fulfilled.
Btw, In this case, not every user may also love the new version of the gambling ideas and types. Some may be still going to stay with old tyes of gambling. As we know so far, the old gambling types still survive and have their big fans. So, the new types may be only the additional.
The developments and upgrades that shall be good for any casino will remain there. But as for the request about trends and the market that they shall have it.
It's not necessary for them to adopt all of it but, they just have to take it and see if it's going to be beneficial for them and as well as for their customers if such demand is needed to meet.

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February 18, 2022, 05:00:15 PM
 #506

If we proceed from the fact that the development of the casino should make it as easy as possible for users to freely play, deposit and, of course, withdraw money to their account, then I think that it would be ideal if the casino consists of "three buttons".   Smiley
1. By pressing a button or an icon in a mobile phone, wrote the amount - that's it, the money is on deposit. 
2. I chose a game, placed a bet, won Smiley ... well, or lost Sad
3. Pressed the button - once, the winnings are on your account....
And no extra troubles. 
Here, in my opinion, where it should be striving, developing gambling services. 
But this is still, of course, just an ideal dream. Smiley
widgets are popular now in the phone. It is like adding a service to your phones home screen and touching it will bring you to a certain feature instantly. Is this something that you want for a gambling site? I think no gambling site have done this yet. There is one before but it is only similar to bookmarking a website in the browser, the only difference is that the bookmark will be placed as one of icons/app in your phone.

Lots of gambling sites have a mobile app now which can be faster to access than a web version. I do not know about you but to me, navigating on them is already pretty easy. Sorry to say this but maybe your only a lazy person.

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February 18, 2022, 07:08:59 PM
 #507

Simplicity is the ultimate sophistication, whatever move they make should be to simplify the process for the end user and that should equate to higher revenue from ease of use.   Any hassle in the access and usage of a website discourages players from engaging more, its probably part of why crypto is popular to begin with for many people its less hassle, so long as they are already within the crypto space of course.

I agree, this is really what it comes down to at the end of the day when it comes to brining people in and keeping them there. I know when it comes to my buddies and gambling, if it isn’t super easy to navigate they want absolutely nothing to do with it.  

Yes, on the one hand, an online casino must have a simple and intuitive interface, and on the other hand, it must be quite complex and satisfy the requirements of the most demanding players.  

Thus, a contradiction arises.  How to resolve this contradiction?  

One of the solutions to this problem is the creation of a special virtual assistant.  

It will be based on the latest progressive developments in artificial intelligence.  It will help players to navigate in a complex interface of the online casino site.  

This will resolve the issue.  

Complex becomes simple!

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February 18, 2022, 07:17:09 PM
 #508

Simplicity is the ultimate sophistication, whatever move they make should be to simplify the process for the end user and that should equate to higher revenue from ease of use.   Any hassle in the access and usage of a website discourages players from engaging more, its probably part of why crypto is popular to begin with for many people its less hassle, so long as they are already within the crypto space of course.
agree with you because some gamblers really want things as simple as possible to make it easier for them to play the game and this is quite normal because most of us just want simple things and don't want to be too bothered by many supporting features or a lot of things. the button in it because this actually hinders and is actually quite annoying for some gamblers

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February 19, 2022, 10:54:15 AM
Merited by Smartprofit (1)
 #509

~

Yes, the technology of neural interfaces is actively developing.  You can read a report on the development of the neural interface industry here

(I did not request a free report)
-
https://www.grandviewresearch.com/industry-analysis/brain-computer-interfaces-market

Neurointerfaces are actively used in medicine.  They help to carry out partial rehabilitation of patients with damage to the main and peripheral nervous system.  Also neural interfaces are used for education and entertainment.  This is a very promising system.  In fact, this technology is aimed at creating an android from a person - a half-human / half-computer.  

Neural interfaces will be able to unite the consciousnesses of individual people into a single superconsciousness of all Humanity.  

In fact, the Internet with neural interfaces is web 4.0.  I think in 2031 - 2040 it will be developed.

This is extremely interesting! Just recently I read a fiction book, A Beautifully Foolish Endeavor, where a brain–computer interface plays a significant part of the story. There is a game in there which is like Minecraft, only you are wearing a headset, and the power of your brain is used to make things. They also use human brains to mine cryptocurrency. It's an amazing book. But without help from a more advanced civilization they wouldn't able to do that stuff. It's a science fiction novel, but I think you are right, in 15-20 years something like this may become reality, and, of course, it won't be overlooked by gambling industry.

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February 19, 2022, 05:18:54 PM
 #510

~

Yes, the technology of neural interfaces is actively developing.  You can read a report on the development of the neural interface industry here

(I did not request a free report)
-
https://www.grandviewresearch.com/industry-analysis/brain-computer-interfaces-market

Neurointerfaces are actively used in medicine.  They help to carry out partial rehabilitation of patients with damage to the main and peripheral nervous system.  Also neural interfaces are used for education and entertainment.  This is a very promising system.  In fact, this technology is aimed at creating an android from a person - a half-human / half-computer.  

Neural interfaces will be able to unite the consciousnesses of individual people into a single superconsciousness of all Humanity.  

In fact, the Internet with neural interfaces is web 4.0.  I think in 2031 - 2040 it will be developed.

This is extremely interesting! Just recently I read a fiction book, A Beautifully Foolish Endeavor, where a brain–computer interface plays a significant part of the story. There is a game in there which is like Minecraft, only you are wearing a headset, and the power of your brain is used to make things. They also use human brains to mine cryptocurrency. It's an amazing book. But without help from a more advanced civilization they wouldn't able to do that stuff. It's a science fiction novel, but I think you are right, in 15-20 years something like this may become reality, and, of course, it won't be overlooked by gambling industry.

Yes, this is a trend. 

It all started with smartphones.  A person with a smartphone in his pocket is actually an android.  He is half human, half computer.  The smartphone has changed the way people think. 

Previously, a person could count in his mind, tried to memorize information.  Now it is not needed.  The smartphone has a calculator and a Google search bar.  Previously, people knew how to navigate the terrain well.  There were even special orienteering competitions.  Now every smartphone has geolocation. 

But physically a smartphone and a person are different objects.  Therefore, the next stage is a direct connection between a person and a computer.  That's what neural interface technology is for.

I recently read one of the last interviews of the Soviet and Russian writer Strugatsky.  In it, he said that if a technology can potentially be implemented, then it will definitely be implemented.  This also applies to neural interfaces. 

And gambling is one of the most innovative industries.  She is open to innovation.

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February 19, 2022, 08:23:04 PM
 #511

Has anyone visited owl.games and owldao.io? It appears that tokenizing their casino and sportsbook might help them build a loyal community of users where those users can stake the tokens in the Dao and receive a percentage of casino earnings or the Dao has a buy back and burn mechanism which increases the token’s price.

owl.games might have begun something new for sportsbooks in the cryptospace.
Is this still related to the topic right? Because, tokenizing feature in a casino is not that popular. Haven't access owldao but I already tried owl games. I have been gambling there several times when I have dust bsc in my wallet. Some casino didn't have a stake feature but they have invest feature, I think both feature are very similar to each other.

I do not know if loyal is the right word to use because gamblers come back only because of the profit that they get in staking or investing and not because they are literally loyal to the casino and at the end they can still get bored and suddenly dislike the casino. Being loyal is not sure in everything.
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February 19, 2022, 08:34:47 PM
 #512

What I believe is that everything is going to be regulated and the government wants to get control of everything its people are going to do. That is the reason the government also didn't support bitcoin easily, but at the end of the day, they had to approve it. Gambling is also a headache for the government because some places approve it and some do not. Because they think people are losing their black money to gambling. And in this case, their two headaches, one being blockchain and the second being gambling, are now working together. Because now, gambling happens on the blockchain network, and people are using crypto to play. It's becoming increasingly difficult to keep track of everything that happens with money. government is going to take some serious steps. It's my belief that other people can think differently too.
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February 20, 2022, 05:51:56 PM
 #513

Metaverse or not, most gamblers would still use the old platforms. They'd stick with the games that they're most familiar with since most of their goal is to win money and not drive innovation. Ultimately, the players will still decide what direction will the industry head to, but I guess it is more of the same.


yes, the same way kindles and tablets didn't kill the books the metaverse and immersive AR/VR experiences won't kill the web2 and web3 experiences we have nowadays
it'll just be something different and new to explore.

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February 20, 2022, 06:03:07 PM
 #514

What I believe is that everything is going to be regulated and the government wants to get control of everything its people are going to do. That is the reason the government also didn't support bitcoin easily, but at the end of the day, they had to approve it. Gambling is also a headache for the government because some places approve it and some do not. Because they think people are losing their black money to gambling. And in this case, their two headaches, one being blockchain and the second being gambling, are now working together. Because now, gambling happens on the blockchain network, and people are using crypto to play. It's becoming increasingly difficult to keep track of everything that happens with money. government is going to take some serious steps. It's my belief that other people can think differently too.

I am inclined to believe that you correctly identified 2 headaches. But only, with some correction of the highlighted in your text. The government doesn't care about people's losses, the government is more interested in their winnings in order to withdraw interest from them as taxes.

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February 20, 2022, 09:46:08 PM
 #515

What I believe is that everything is going to be regulated and the government wants to get control of everything its people are going to do. That is the reason the government also didn't support bitcoin easily, but at the end of the day, they had to approve it. Gambling is also a headache for the government because some places approve it and some do not. Because they think people are losing their black money to gambling. And in this case, their two headaches, one being blockchain and the second being gambling, are now working together. Because now, gambling happens on the blockchain network, and people are using crypto to play. It's becoming increasingly difficult to keep track of everything that happens with money. government is going to take some serious steps. It's my belief that other people can think differently too.

I am inclined to believe that you correctly identified 2 headaches. But only, with some correction of the highlighted in your text. The government doesn't care about people's losses, the government is more interested in their winnings in order to withdraw interest from them as taxes.

I don't think it is about caring for the people, the government is not really looking at that aspect I think the major interest of government is they don't understand how to control everything the people do and make regulation and levy tax on it. This is the fact about government interest. Government making regulation is not to stop people who do gambling, for making of example in the region that they make gambling legal, the owners of the casinos get to pay income tax to the government.
Lets think on whats the purpose on having a government on a specific country or place?

Governments provide the parameters for everyday behavior for citizens, protect them from outside interference, and often provide for their well-being and happiness. In the last few centuries, some economists and thinkers have advocated government control over some aspects of the economy.
Source: https://www.ushistory.org/gov/1a.asp

We might seeing the negative but having them does really needed no day to day basis.

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February 20, 2022, 10:02:43 PM
 #516

What I believe is that everything is going to be regulated and the government wants to get control of everything its people are going to do.
Honestly, they already have control for most of the online casinos and they have been doing that and won't stop it. If they want to get control of everything then they'll have to set up a casino that they're supporting despite being they're the government alone.
Imagine a government that controls the business and regulates it and at the same time gives warning to their citizens that they should avoid gambling as it's not good for themselves.


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February 20, 2022, 10:35:39 PM
 #517

Metaverse or not, most gamblers would still use the old platforms. They'd stick with the games that they're most familiar with since most of their goal is to win money and not drive innovation. Ultimately, the players will still decide what direction will the industry head to, but I guess it is more of the same.


Yes that's right. 

An entity may become obsolete, but this does not mean that it will disappear altogether. 

I'll give you an example.  We are currently posting on the Bitcointalk forum.  However, forums are a typical example of web 1.0. 

Meanwhile, web 2.0 (Instagram, Google, YouTube, etc.) and web 3.0 have long appeared.  (cryptocurrencies, DeFi, NFTs, DAOs, etc.). 

That is, different entities can exist in parallel. 

Playing offline poker may well coexist with online poker.  And classic online poker can coexist with more innovative meta-poker (the game takes place in the Metaverse, in virtual reality).

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February 21, 2022, 01:57:37 PM
 #518


great comment @Smartprofit
I didn't think about bitcointalk being web1 style before but you're right.

Imagining the internet (or technology) as a big onion helps
there are many layers and we are building it from the inside out
so each new layer is related to all others that came before, and they compound somehow.

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February 21, 2022, 06:00:51 PM
 #519


regarding costs it'll probably go down, remember personal computer and cellphones 20 years ago? it was much rarer to see it and much more expensive.

regarding health I agree with you, in fact I'm reading a book by Naval and just read a page where he says that in general, more screens = less happiness, less screens = more happiness.

I have read some studies that seem to indicate that the more screen time that a person employs in front of digital devices the greater the chance they are suffering depression, now as we know correlation does not mean causation, however it seems that the current generation that is spending so much time online already is neither happier or better because of it, and something like the metaverse is only going to make this even worse.
Pretty sure that's rather subjective? I've always faced a screen in the past 3,4 years and I've never been unhappy (or depressed). Those studies were probably when we were transitioning into the current tech, it would've been rather expected.
When it comes to studies like that there is always going to be some degree of subjectivity, however when studies like that are made they are talking about averages, there are many people that due to their job they need to spend a lot of time in front of a computer and obviously they do not get depressed because of it, however the current generation spends way more time looking at a screen than previous generations and some social scientist seem to think there is a correlation there, whether this is true or not it is another matter, but at least it is something worth investigating.
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February 21, 2022, 11:09:35 PM
 #520

Online casinos are expected to become even more profitable in the future of online gaming from a business perspective is going to be very different from what we know now. Most importantly the industry will be more about fun and entertainment than money some gamblers had reservations about the safety of online casinos but technological advances have enabled online casinos to provide their sponsors with a safer gambling environment. If the government receives taxes properly there will be no restrictions on it.

we have seen the rise of online casinos during this pandemic era. and now, even fiat casinos are adding cryptocurrencies in their list of payment method. though we can't avoid casinos requiring kyc if they are also fiat-based. but here in the forum, we have bigger casinos that have no kyc requirements as long as you are dealing with crypto.
more then likely, online gambling will thrive and grow more in the succeeding years as people are going online for entertainment purposes. though metaverse is still at early stage, but it is already showing a promising notion to the gambling community.

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