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Author Topic: NFT slot Machine !!  (Read 432 times)
noorman0
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June 01, 2022, 11:24:02 AM
 #21

This sounds a lot like a faucet but for NFTs. I don't find this very exciting. There was a bubble of NFTs that started to burst a few months ago, and realistically, 99% are going to have a value of 0 or very close to 0 in the next few years.
I think NFT in casinos is not really concerned with its artistic value, it will function more than just collectibles which of course only plays a passive role in the casino industry.

--snip-
If there isn't any utility to their NFTs, not a lot of people will even bother wanting those NFTs. If these things can be converted into something that can be used on the casino, perhaps gamblers will be proud to have that item on them just to trade for perks and whatnot.

Overall I don't think that these NFT integration will make a big difference on casinos and the overall gambling experience but that's just me.
In the Op article mention about the privilege of NFT holders which equates players with a certain VIP level in the casino. Despite the offerings, I doubt that this NFT will be able to entice players. In general gamblers prefer to make money that is rather "extreme", fueling their adrenaline.

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June 01, 2022, 11:41:27 AM
 #22

Overall I don't think that these NFT integration will make a big difference on casinos and the overall gambling experience but that's just me.

I agree, it's just a casino in the end... but I guess they are targeting NFT lovers with this! As I understand we can play some slots (with some coins) and some lucky winning hit can bring an additional prize in form of NFT?! But I can find is there some minimal bet to be eligible for winning NFT?! Or we can just play that NFT slot and hope for the best with any bet?!

Anyway, just checked LuckyCrypto casino, this is the first time I heard about them (I don't remember seeing them here on the forum)... The casino looks nice generally! A big choice of games, they accept 6 cryptocurrencies... I am not sure will I try this, 20 more days to think about it, but those who decide to start playing in this casino earlier should check them, don't just deposit money because they offer something new!

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June 01, 2022, 12:26:43 PM
 #23

Yea, I also saw Bitcasino.io promoting "gifts" for new signups in the form of NFT's for I think 50 people. I do not think it is a good idea, because anyone can use the worthless NFT's to attract people to gambling.

I will much rather work out a discount deal for people who wants to buy into the whole NFT thing, than forcing them to own some kind of NFT that has almost no value.

Let the person decide what he wants to buy with the voucher for a specific amount of the credit that was given to him or her.  Roll Eyes

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June 01, 2022, 03:36:36 PM
 #24

That is an interesting concept. I haven’t heard of this specific utility for an NFT before, but it seems great. I could see these being popular among members and casinos looking to reward their users with something special. Nice find. I can’t say I’ll be participating but it’s always nice to learn of a new use case.

I know for me I do not own a single NFT but who knows about the future, considering how this slot machine will be giving NFT's away instead if a reward is quite amazing and I do think this can also help people out by increasing the adoption of NFT and when we are talking about Metaverse it's certainly something that we have all been waiting for to get adopted on a larger basis and there would be other things that we would be seeing soon enough just like these NFT slot machines and it would help to get ahead in line, I wonder how much the membership would be to be able to play 50 slots per day, guess so we all would have to wait for the launch now.

Yea, I also saw Bitcasino.io promoting "gifts" for new signups in the form of NFT's for I think 50 people. I do not think it is a good idea, because anyone can use the worthless NFT's to attract people to gambling.

I will much rather work out a discount deal for people who wants to buy into the whole NFT thing, than forcing them to own some kind of NFT that has almost no value.

Let the person decide what he wants to buy with the voucher for a specific amount of the credit that was given to him or her.  Roll Eyes

Yes but you can resell these NFT's in the market if you don't want to hold onto them this would make things better and more easier. Some NFT's are going way strong in the market as well therefore might be/might not be a good opportunity, just a gamble it is.

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June 01, 2022, 06:22:41 PM
 #25

-skip-
I found this concept a bit different,  they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.

https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine

I am extremely skeptical about the concept of NFT, but positive about the concepts of the Metaverses (another question is that now there is no place for these concepts in life for technological reasons). Therefore, I can say that I am not interested in such things. If I wanted to do NFT trading, which is very similar to gambling, I would do it on specialized sites, but I go to the casino to directly engage in gambling. Even taking into account the fact that this is a new interesting trend, I am not interested in it in such an activity as gambling.
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June 01, 2022, 06:38:52 PM
 #26

According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !
Quote
The OG Collection will launch on 24 June 2022, while the Jungle Animal Collection will follow with a July 2022 release planned. New Jungle Animal NFTs will then be released monthly up until January 2023.
Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.

I found this concept a bit different,  they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.
https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine

I'd rather get the whole price as crypto, that way, it is easier to convert when I withdraw them.  NFT slot Machine may sound new but the concept and the process are the same.

I am extremely skeptical about the concept of NFT,

Same here, I am worried about the conversion value of NFT if we failed to convert it asap.
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June 01, 2022, 07:02:55 PM
 #27

this is a good concept and also new, I'm curious how enthusiastic gamblers are with this NFT concept...

many game developers have had great success with their NFT sales and this time the casino business owners saw a big opportunity too. I support the concept offered (50 free spins / day for NFT holders). those who have a lot of money (especially slots enthusiasts) will definitely buy a lot of this NFT slot machine.



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June 01, 2022, 07:06:12 PM
 #28

I don't quite understand why a lot of people want to get NFTs integrated within their platforms. If there isn't any utility to their NFTs, not a lot of people will even bother wanting those NFTs. If these things can be converted into something that can be used on the casino, perhaps gamblers will be proud to have that item on them just to trade for perks and whatnot.

Overall I don't think that these NFT integration will make a big difference on casinos and the overall gambling experience but that's just me.
Well, that is the idea here. To give NFT holders access to revenue share, airdrop of $Lucky tokens, VIP, decision power over the future of the casino and lottery tickets to earn extra spins, native tokens and more NFTs.



When NFTs have a function like this they totally worth. Although we must be careful, because this casino was created recently (Q4, 2021) and the project isn't fully developed yet.

Does anyone have already managed to collect a NFT? Can you purchase it or do you have to win it by playing at the casino? It seems details are too restricted to their Discord channel...

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June 01, 2022, 07:32:38 PM
 #29

this is a good concept and also new, I'm curious how enthusiastic gamblers are with this NFT concept...

many game developers have had great success with their NFT sales and this time the casino business owners saw a big opportunity too. I support the concept offered (50 free spins / day for NFT holders). those who have a lot of money (especially slots enthusiasts) will definitely buy a lot of this NFT slot machine.
Whenever we do see some new concept that do attaches it self on the current trend then this is something that pokes out different interest in the community.
If they do find out that this could really be utilized or something that would be good or something beneficial then expect that those people around would really be interested with
this idea.If ever this one would come out then lets see on how things would really be the impression with the entire community.

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June 01, 2022, 08:07:44 PM
 #30

That's actually the concept of most NFTs.

They're adding value on it through its utility but most of them doesn't really have anything to add on it as utility. Well, that's a good way to attract gamblers and that's their target for their own market.

But at these times, the NFT market is starting to get sort of correction as well which is in line and connected to the crypto market. Maybe not a good timing or it's tolerable.

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June 01, 2022, 09:56:19 PM
 #31

Whether slot NFTs are successful or the opposite, will depend on the ease and convenience of their sale process. If its too much of a hassle to sell slot NFTs people won't bother with them. Also if the sale price is too low or there is too much volatility involved.

The artwork would also probably need to be a limited edition of some type that the average person can appreciate. Who is a hot actress or model at the moment? A limited edition photoshoot with one of them could make for a decent NFT that people would collect and HODL. Limited edition and rare sports memorabilia could be another angle worth pursuing. Commissioned artwork from famous artists is another typical approach for collectibles.

Co host of mythbusters Adam Savage recently got a tattoo on his arm to measure inches and centimeters. I wonder if a NFT with conversion rates for watts, ounces, liters and other units of measurement could be a hit.
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June 01, 2022, 10:08:03 PM
 #32

It's like being a member of a club in real like which gives members some exclusive perks. It's still pretty cool to digitalize this but don't think that the concept is new.

...
Quote
Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.
Why the restriction for US residents. The last time I checked, online gambling is legal in some US states - Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia.

https://www.baltictimes.com/usa_online_gambling_laws___legal_states_in_usa_2022/
They probably do not have the system placed to prevent players from states that still prohibits online gambling so they just ban all.

R


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June 01, 2022, 10:30:47 PM
 #33

I think this is the site OP mentioned in his post

https://luckydegens.com/ the casino looks great and the roadmap is very interesting, they've been online since 2021 and they are not yet open an announcement thread here in Bitcointalk, I hope they would open a thread here so we can have a good discussion on their casino and all their features like this one NFT slot Machine, its a new concept and we all know that gamblers and investors love to see the new concept and they will are always excited to see a new one.



 
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June 01, 2022, 10:48:19 PM
 #34

The gambling site is taking advantage of the NFT craze. This is the first time I read that concept and I want to see what's the result in the long run. Since it's quite new to our dictionary, we don't know yet if the community will be attracted to it.

A good idea that someone from their brainstorming team makes up that move. But good results, if ever, might just be seen after months. Their actions might result too for other gambling sites to follow the move.

Let's stay tuned for their other NFT-related plans in the future.
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June 01, 2022, 11:00:59 PM
 #35

It looks rather belated - first of all, the NFT hype has already ended and trading volumes have fallen by 90% (if I remember the news correctly). Secondly, after this hype, people left a rather negative "aftertaste" from the NFT, so if they now suddenly encounter such a project in an area where they did not expect it, they would rather get angry than rejoice.

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June 01, 2022, 11:06:48 PM
 #36

I think this is a very interesting gambling project because historically there has been no NFT-based gambling and this can trigger investors or other traders to start trying to do this gambling, hopefully this can be big and can provide a lot of profit for the players. players and developers.

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June 02, 2022, 05:29:28 AM
 #37

I am not sure if that can give gamblers a different experience, but the casino can still be a place for gamblers to play many gambling games.
I do not have an interest in NFT and I see that the NFT trend can disappear following the market movements and the trends in the crypto world.
But maybe the casino can use a different idea to share or give NFT to their members so gamblers can get new stuff collected from the casino.
But still, it is a new concept and maybe we need to wait and see how the NFT can give a new thing for the gamblers.

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June 02, 2022, 05:44:21 AM
 #38

I do not have an interest in NFT and I see that the NFT trend can disappear following the market movements and the trends in the crypto world.

I don't either and I think the trend has already started to dissipate. The NTFs that are like digital works of art, you have to think that they are far from being all like the works of Leonardo da Vinci or Picasso. Rather there has been a bubble of NFTs and many of them are like if your neighbor who has no idea about art started painting because the painting market is hot.

I believe that NFT slots (or other games) should ideally be a complement to the casino offer.

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June 02, 2022, 06:45:47 AM
 #39

According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !
Quote
The OG Collection will launch on 24 June 2022, while the Jungle Animal Collection will follow with a July 2022 release planned. New Jungle Animal NFTs will then be released monthly up until January 2023.

Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.


I found this concept a bit different,  they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.

https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine
Though I am not fully supporting NFT connected project but this is something interesting for me , I think there is more to come from the NFT network as they are pushing the scenery after the failure of many NFT gaming .

I did not come to spend time and money in AXIE but this one? i think i will not want to lose my chance again.

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June 02, 2022, 06:46:23 AM
 #40

Only those who are into NFTs would be interested in it because most gamblers here focus on crypto earnings. That's actually a breath of fresh air for some players but I don't think it could work in the long run since most NFTs aren't good for a long-term basis. It would only double the risk of gambling.
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