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Author Topic: Investing in Casino tokens such as BFG, OWL or TFS  (Read 8160 times)
Fredomago
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August 03, 2022, 04:22:26 PM
 #161

snip

It's a personal choice indeed, people who invest to casino related assets mostly aiming for passive profits, they are all okay with waiting they will continue to hold till the market for the coin grows to their target value, not that quick as you mentioned, the developers needs to work with bigger exchange to attract more traders to invest and start hyping the value of the coin..

Not easy to take the risk as there's also a high chance that the value might collapse if interest with the development won't gain
investors trust.
As we can see that most gambling tokens doesnt really get that much attention despite of the site popularity
Take a look for this example https://coinmarketcap.com/currencies/rollbit-coin/
We know that the  site and project is a success but still the price of its coin do still tanking.
Nothing is assured thats why i do really put less interest on considering investing with these type because you cant really able to determine
whether it would skyrocket or would just simply plummets.
But they are more stable than trending coins like NFT and MEME based coins I did not invest in Rollbit but only have BFG and Owl and so far my investment is doing good staking yielding me a good profit, it very different results based on the community support and belief of the investors that the coin they've invested will be a long term profit, I believe these token-based casinos have not yet reached their full potential.

I agree with that those token-based casino asset still got more to give with investors who trusted them, what we are witnessing as of now is just the potential that even in this bearish momentum the market for this asset still showing good resistance, unlike other projects who already suffer from big losses, casino based coins are still providing passive profits.

More on how you'll going to maximize your benefits and how long you are capable of holding and trusting the project.

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August 03, 2022, 11:44:56 PM
 #162


I agree with that those token-based casino asset still got more to give with investors who trusted them, what we are witnessing as of now is just the potential that even in this bearish momentum the market for this asset still showing good resistance, unlike other projects who already suffer from big losses, casino based coins are still providing passive profits.

More on how you'll going to maximize your benefits and how long you are capable of holding and trusting the project.
You can easily tell how good is the project if they are still doing good during bad times yes BFG and Owl may be dipping but the project manages to bounce back, these two casinos have a staking features that you cannot find in other casinos and its their strongpoint, their weak point is their lack of marketing, they should continue marketing and advertising the existence of casino depends on sustainable marketing and keeping their reputation clean, just lately there's an accusation on Owlgames and it looks serious to me, I'm following it hopefully they can settle this.


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August 04, 2022, 01:36:19 AM
 #163

I have been reading the Ann de Betfury thread very actively where there is talk about the possible listing on Binance, and I think that this is how it reaches that stage is because they are doing things very well, of course everything is in the sense of speculation, I do not know if the devs really want to do it, but because these things bring more progress in the project they should be listed and if they succeed I think it would be a very useful token and apart from that it would be moving two types of markets, the first is the gambling market which, is not bad at all, and secondly, he would be getting much more into the world of market speculation and investment.

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August 04, 2022, 02:05:25 AM
 #164

I have been reading the Ann de Betfury thread very actively where there is talk about the possible listing on Binance, and I think that this is how it reaches that stage is because they are doing things very well, of course everything is in the sense of speculation, I do not know if the devs really want to do it, but because these things bring more progress in the project they should be listed and if they succeed I think it would be a very useful token and apart from that it would be moving two types of markets, the first is the gambling market which, is not bad at all, and secondly, he would be getting much more into the world of market speculation and investment.

It's hard to believe. I never seen the gambling token was getting listed on binance. It must be a rumour but im feeling doubt if that will be real. If the dev can do that and there will be a massive hype for betfury but again the big question is whether binance wanna try to accept the gambling token to be listed on its exchange site or not. This needs to be proven even further. The dev need at least to send an application to the binance and see what will be their response.
I never saw any gambling tokens listed on the big exchange site

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August 04, 2022, 03:15:14 AM
 #165


I agree with that those token-based casino asset still got more to give with investors who trusted them, what we are witnessing as of now is just the potential that even in this bearish momentum the market for this asset still showing good resistance, unlike other projects who already suffer from big losses, casino based coins are still providing passive profits.

More on how you'll going to maximize your benefits and how long you are capable of holding and trusting the project.
You can easily tell how good is the project if they are still doing good during bad times yes BFG and Owl may be dipping but the project manages to bounce back, these two casinos have a staking features that you cannot find in other casinos and its their strongpoint, their weak point is their lack of marketing, they should continue marketing and advertising the existence of casino depends on sustainable marketing and keeping their reputation clean, just lately there's an accusation on Owlgames and it looks serious to me, I'm following it hopefully they can settle this.

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.

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August 04, 2022, 05:47:04 AM
 #166

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.

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August 04, 2022, 05:51:51 AM
 #167

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now


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fortunecrypto
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August 04, 2022, 08:01:19 AM
 #168

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

dimonstration
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August 04, 2022, 08:36:45 AM
 #169

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

There’s a lot of Casino token before that start this trend and not just because Fun token being acquired by Freebitco.in starts everything. Many casino start this idea during 2017 ICO hype and even FUN tokens is one of them but they failed and just sold to Freebitco.in. I think the success of Betfury is what makes casino token become hot again. Betfury become trending there staking feature and rakeback using there BFG token. Many casino follow after that.

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Taskford
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August 04, 2022, 10:48:00 AM
 #170

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

There’s a lot of Casino token before that start this trend and not just because Fun token being acquired by Freebitco.in starts everything. Many casino start this idea during 2017 ICO hype and even FUN tokens is one of them but they failed and just sold to Freebitco.in. I think the success of Betfury is what makes casino token become hot again. Betfury become trending there staking feature and rakeback using there BFG token. Many casino follow after that.

All the success earned depends on the performance provided by a casino since if they just follow what features added by Betfury without putting any substance on their own casino then maybe they cannot replicate what starting success accumulated by BFG. So for creating a good pathway unto their tokens maybe they show good performance yet because this one could market their tokens.

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Hamphser
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August 04, 2022, 07:59:09 PM
 #171

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

There’s a lot of Casino token before that start this trend and not just because Fun token being acquired by Freebitco.in starts everything. Many casino start this idea during 2017 ICO hype and even FUN tokens is one of them but they failed and just sold to Freebitco.in. I think the success of Betfury is what makes casino token become hot again. Betfury become trending there staking feature and rakeback using there BFG token. Many casino follow after that.

All the success earned depends on the performance provided by a casino since if they just follow what features added by Betfury without putting any substance on their own casino then maybe they cannot replicate what starting success accumulated by BFG. So for creating a good pathway unto their tokens maybe they show good performance yet because this one could market their tokens.
All matter indeed with its company but usually most of the time it wont really be that much accurate since ive seen some platforms which does really do well in terms of service but their own based token didnt

really increase that much which does means that they are really that not connected and it would always matter with peoples or community demand on a certain coin but if said company would be popular

and do make out further developments or simply made out some exceptional performance against other competition and make themselves  the best then expect it would  contribute out
for the said coin value.

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Fredomago
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August 05, 2022, 02:32:18 AM
 #172


All matter indeed with its company but usually most of the time it wont really be that much accurate since ive seen some platforms which does really do well in terms of service but their own based token didnt

really increase that much which does means that they are really that not connected and it would always matter with peoples or community demand on a certain coin but if said company would be popular

and do make out further developments or simply made out some exceptional performance against other competition and make themselves  the best then expect it would  contribute out
for the said coin value.

Flowing money will come from investors but it is the company who needed to work a lot to make sure to engage and attract potential investors, the development will bring interest and start to gain trust with the investors, though it might take time since without interest the coin value will remain unless developers will pump it up and support the trade inside any exchange, lots of tasks for the team but if they are really aiming for great success, the chance is always possible.

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danadc
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August 05, 2022, 02:58:05 AM
 #173


Extra benefits inside the platform, just like a VIP program for loyal customers, so they increase their business' range to investors, rather than solely gamblers. From all casinos' tokens I prefer FUN, because freebitco.in offers benefits in bitcoin (extra interest rate), so you earn more bitcoins by investing in FUN, while also earning interest over FUN tokens during the period of time you choose locking your funds.
On the other hand, I would avoid venturing myself with tokens which don't offer advantages in bitcoin for holders and investors. Bitcoin must be always the focus in crypto market, doesn't matter how high are the yields paid by altcoins' investments.

I also invested in FUN tokens as the premium membership is interesting and with all the benefits that you get (WOF spins, extra interest on your BTC, cashback, ...), the ROI is rather short (around 1 year; depending on your luck also).
It will really depend on your luck and how many btcs you have invested on the platform. Solely from FUN interest income you can make up to 25% ROI, considering the proportionality between bitcoin and FUN remains stable during that time period.

By relying on luck is dangerous and I must confess I got wrecked by persuing cashback, hiting stop-loss. Attempting to decrease ROI time I ended losing money. So, be careful.
^ I have also a FUN token and I invested it last few months ago.
I know that this token has potential because the gambling casino freebitco.in was in service for how many years and I did not hear such major issues as scamming their users.
That is right, we must be careful even though it is trusted enough, it is always good to invest BTC than the altcoins that come from the casino, you will never know when they will exist. So holding it in the long run is still dangerous. 


Fun tokens are good to invest? I have seen that many people are looking to have these tokens, but how long do you think the price can go up? some people buy because they want to invest and earn more, but I have come across threads in bitcointalk that say that the toke fun will not go up in price, because there are many who are and have created, they are not so limited, for that reason it may be what I think.

R


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gunhell16
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August 05, 2022, 05:42:00 AM
 #174

I can only comment about OWL.

Perhaps, their recently concluded airdrop in CMC, CEX listing, staking, and the ability of their players to earn in-game OWL token are one of the many reasons why OWL token is hovering around $1.

I mean they have done all sorts of promotion, advertising, listing and all other shits that might attract people to invest in their token. However, it might also be a cover for token manipulation either, which raises their value despite of their use-cases.

The BFG token and OWL are not far apart in terms of their price value in the market. The only difference between them is its market volume. Also, before the first release of BFG token, it is good to use their website platform because you just deposit at least 0.0005Btc in their wallet and you will automatically have a stake profit daily and also daily withdrawal and take note that you can not only use crypto coins. get it but you have income from Trx, usdt, Btt, bnb and btc, but now he doesn't have that anymore, although with the value that BFG has now it is possible if you consider that he is good to buy now and hold for awhile while it is low the price.

As for the owl, it's also pretty good to do with long term holdings because if there's a bull run, it's sure to kick back to over 1$ in the future.
and the volume of OWL in one day is not bad at the moment because it is also around 122K$ plus in the market so far.
So for me OWL is okay and fine.


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August 05, 2022, 08:26:46 AM
 #175

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
Maybe it looks normal but if the free tokens can't penetrate the market, the existence of the free tokens will be of no value because users can't use the tokens other than just for gambling.
If they want to sell the token, it will probably be in trouble as no market has traded for that token.
Maybe the casino can provide a solution for this and keep trying to register their tokens with the biggest trading sites so that their tokens can get more investors.
And supported by a solid team, they can promote their tokens to various websites to attract other investors.

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August 05, 2022, 10:21:06 AM
 #176

Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

There’s a lot of Casino token before that start this trend and not just because Fun token being acquired by Freebitco.in starts everything. Many casino start this idea during 2017 ICO hype and even FUN tokens is one of them but they failed and just sold to Freebitco.in. I think the success of Betfury is what makes casino token become hot again. Betfury become trending there staking feature and rakeback using there BFG token. Many casino follow after that.

All the success earned depends on the performance provided by a casino since if they just follow what features added by Betfury without putting any substance on their own casino then maybe they cannot replicate what starting success accumulated by BFG. So for creating a good pathway unto their tokens maybe they show good performance yet because this one could market their tokens.
All matter indeed with its company but usually most of the time it wont really be that much accurate since ive seen some platforms which does really do well in terms of service but their own based token didnt

really increase that much which does means that they are really that not connected and it would always matter with peoples or community demand on a certain coin but if said company would be popular

and do make out further developments or simply made out some exceptional performance against other competition and make themselves  the best then expect it would  contribute out
for the said coin value.

Sometimes the market condition badly affect those tokens but we can still look after with them if their casino is performing well since for sure the developers of it will find ways to find other more usage to create more demands. For now we see a lot of them got dump and we can see which of them became more relevant one we see the market recovers and also with those tokens to.

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August 05, 2022, 02:30:18 PM
 #177

Gambling platform tokens have not flourish well so far. Betfury is relatively old project, but little progress has been made on it. However, developers efforts are ongoing. They plan to list on better exchanges in future. Owl Games is one another gambling platform which is in a much better position. They are constantly developing. Even it is a new project, there is a high possibility of getting success.

The value of the token/coin depends on its usage. Not only the casino platform but the developer should increase the demand for tokens. And along with that should be listed in good exchange. I think currently casino players are increasing but coin prices are not changing accordingly.

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SPIN

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August 05, 2022, 11:02:28 PM
 #178

Gambling platform tokens have not flourish well so far. Betfury is relatively old project, but little progress has been made on it. However, developers efforts are ongoing. They plan to list on better exchanges in future. Owl Games is one another gambling platform which is in a much better position. They are constantly developing. Even it is a new project, there is a high possibility of getting success.

The value of the token/coin depends on its usage. Not only the casino platform but the developer should increase the demand for tokens. And along with that should be listed in good exchange. I think currently casino players are increasing but coin prices are not changing accordingly.

Because we are in a bear market, if you checked the price, on Owl token you are more than 400% profit if you've invested 10 months ago on BFG the price is also performing good in the market and even if the price is moving you can stake these coins and earn profit from staking, casino based token its one of the type of coins worth investing, they have the platform they have the community and they have dedicated developers all the things that you're looking for on a coin.

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August 07, 2022, 06:51:54 PM
 #179

Gambling platform tokens have not flourish well so far. Betfury is relatively old project, but little progress has been made on it. However, developers efforts are ongoing. They plan to list on better exchanges in future. Owl Games is one another gambling platform which is in a much better position. They are constantly developing. Even it is a new project, there is a high possibility of getting success.

The value of the token/coin depends on its usage. Not only the casino platform but the developer should increase the demand for tokens. And along with that should be listed in good exchange. I think currently casino players are increasing but coin prices are not changing accordingly.

Because we are in a bear market, if you checked the price, on Owl token you are more than 400% profit if you've invested 10 months ago on BFG the price is also performing good in the market and even if the price is moving you can stake these coins and earn profit from staking, casino based token its one of the type of coins worth investing, they have the platform they have the community and they have dedicated developers all the things that you're looking for on a coin.
I disagree even though their platform does exist or still operating and does have the community but doesnt mean that it does have huge support from those players.It would be no brainer if you do able to get in

into those early months of this coins existence then it would be understandable that you would really be able to take profits and also same as you said that it wont really be bad to consider about staking but of

course dont expect too much about movement because everything would really be basing or depending on activity but its up to someone on how they would really taking up such risk on investing
with these type of coins.

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August 07, 2022, 07:25:44 PM
 #180

The value of the token/coin depends on its usage. Not only the casino platform but the developer should increase the demand for tokens. And along with that should be listed in good exchange. I think currently casino players are increasing but coin prices are not changing accordingly.

In order to increase demand for tokens, it is important to spread the word about that token in the crypto market. A gambling website may have been able to establish a strong foothold in the market, but it doesn't matter that their token price also increases.
Gambling websites have no choice but to list on major exchanges to generate demand for tokens. Because when a token is listed on a big exchange, the curiosity about that project is created among crypto investors.

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