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Author Topic: Maybe Yet to be seen?  (Read 745 times)
crwth
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October 06, 2022, 10:59:24 PM
 #21

There have been attempts towards that and the other members have already mentioned it. The utility of the NFTs, I think, is to utilize that into exclusive memberships. Like a VIP club that you need to have before you can go into that specific room or something. As well as a pass that could be used for a particular slot machine.

You can use discord for the third question. There are a lot of ways, you just need to share screen it.

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October 06, 2022, 11:26:55 PM
 #22

It's really hard to know how potential NFT for gambling platform. In my opinion NFT can be used as award to reach a level and this NFT can give just like more lucky chance to win some bets or bonuses. The hardest thing is NFT is not a liquid asset. this can be given as an award when members reached special level on his account. I don't see if NFT is really potential for the gambling platform.

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October 07, 2022, 06:17:34 AM
 #23

A few crypto gambling projects were playing around with NFTs last year, but I don't remember their names.
The hype around NFTs is pretty much over and the NFT market most likely won't recover.
I don't know how the NFTs can add any value to the online gambling industry. Buying and selling a bunch of low quality copy-pasted images and claiming that this is "art" and those images are scarce (despite the fact that they can be copied unlimited times).
The levels of cringe inside the NFT community were at historical heights last year. Sad

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October 07, 2022, 06:28:37 AM
 #24

Currently there's a lot of crypto gambling already adopted the use of the NFT they are giving rewards and make a partnership with them and this is a good marketing strategy but right now the era of the NFT is not quite hype before so we rarely seen those things, next is when a crypto casino supported a sportsbook they must need to have a live events or make a live count so even though the users can't make watch with the live event still there a chance keep updated.

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October 07, 2022, 03:31:53 PM
 #25

Quote
1. Is it possible for NFTs to coexist with a crypto-gambling project?
There are already NFT play to earn games and I think that could be considered as gambling already because of its risks. But we can still expect more innovations in the future though there are already casino sites that have added NFTs on their site.

Quote

2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?

NFTs could be multi-functional. They could be used as rewards and gambling payments. They can also become collectibles that can serve as a highlight and representation of the site.

Quote
3. Is there any real-time ( LIVE ) crypto gambling platform where friends from around the world can come together either through web3 kinda like or just live video to gamble on the platform?

Players can actually interact with each other through the chat on each casino site but it depends if they want to make it more innovative. Anything is possible in casino gambling and developments and improvements could be pushed through.
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October 07, 2022, 05:06:31 PM
 #26

It's not that hard to make a casino where you play with NFTs. The hard part is dividing them to make bets because say that NFT is worth $100 and you don't want to bet all of it at once what are you going to do? What about NFTs worth 1ETH or more? Tios would have to be a casino for high rollers.

Also, the market for NFTs is small especially now when so many people were unable to sell the ones they paid a lot of money for last year.

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October 07, 2022, 05:26:51 PM
 #27

Maybe I am not looking enough? That's why I decided to ask you all these questions

1. Is it possible for NFTs to coexist with a crypto-gambling project?


Of course, you can do NFTs as slot machines in online casinos, but the fact is that you will do with them, because there should be demand for them, you can simply generate random NFTs and chase uniqueness, but then a company with a lot of weight in the industry should be behind the project. The value of NFTs is in their uniqueness and the limitations of their offer, in a casino it will be just cards.
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October 07, 2022, 07:25:51 PM
 #28

Maybe I am not looking enough? That's why I decided to ask you all these questions

1. Is it possible for NFTs to coexist with a crypto-gambling project?

For me, I think even if its possible, why its not advisable to coexist NFTs to gambling crypto casinos/project is that most nfts are quite way too expensive for a common individual who intends to buy for gambling to afford in most cases, unlike crypto which is very much affordable and can be gotten with the least smallest amount or deposit, with an affordable minimum wager of $1 for gambling to enable both the rich and average individuals participate. Unlike it is for NFTs


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October 07, 2022, 10:40:01 PM
 #29

Maybe I am not looking enough? That's why I decided to ask you all these questions

1. Is it possible for NFTs to coexist with a crypto-gambling project?

2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?

3. Is there any real-time ( LIVE ) crypto gambling platform where friends from around the world can come together either through web3 kinda like or just live video to gamble on the platform?
1. Rollbit.com for example (Rollbot)

2. Bonuses and Perks and other benefits since each of those does have significant feature.

3. Im not aware if there's one existing but knowing web3 then its not that rampant nowadays or needs further development.

Changes might be seen overtime since innovation and developments doesnt really stop.
Competition is high, so expect that each one of them would be doing their best
to create something new.

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October 08, 2022, 02:32:40 AM
 #30

1. Is it possible for NFTs to coexist with a crypto-gambling project?

2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?

3. Is there any real-time ( LIVE ) crypto gambling platform where friends from around the world can come together either through web3 kinda like or just live video to gamble on the platform?
1 and 2: Rollbit has NFTs integrated to their gambling system, though last I checked it's more of a VIP system kind of thing with rewards and benefits depending on the NFT they own. I don't think NFT's themselves can bring any change to gambling games, maybe gamble between the NFT themselves but that's about it (which is basically like cs:go skin gamblings if you know about it).

3: None that I know of. Though I don't really see any difference between that and the normal system that we have now, other than well the live video which is kind of useless to me.

R


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October 08, 2022, 02:52:48 AM
 #31

3: None that I know of. Though I don't really see any difference between that and the normal system that we have now, other than well the live video which is kind of useless to me.

that's because more gamblers want to stay anonymous from their activities at the casino that many people don't want to know about. even by his family members.
online casinos that are currently widely used (fiat or crypto) I think are very good. I don't know what the situation is in a country where gambling is legal. but I think online casinos are the most appropriate for the current development situation.

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Mauser
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October 08, 2022, 06:30:35 AM
 #32


1. Is it possible for NFTs to coexist with a crypto-gambling project?

2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?


Yes of course NFTs can coexist with gambling projects, the question is only how well gamblers are going to accept. If the NFTs are for free and are like bonus jackpot that we can win on top of our normal winnings, then everybody would be happy about it. The problem is that the value only comes through scarcity and that will be hard to achieve if they are given away freely. And if NFTs take a too large part in the winnings it could drive away gamblers who are not interested in it. Maybe a function to choose between crypto or NFT payouts could work.  As for the usefulness I am not so sure about it. When it comes to gambling for most people it's about making a profit, and right now the times to make a profit with gambling is not so great.
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October 08, 2022, 10:22:20 AM
 #33


1. Is it possible for NFTs to coexist with a crypto-gambling project?


However, there is a reverse process from having a unique NFT, you get VIP access and a number of benefits (early access to a decentralized betting application) in an online casino, for example from degenverse.com (which released NFT Degen Pass 1777 pieces were released) which cooperate with Bc.game. There are three ways to get a Degen Pass: 1- by participating in bets on the BC.game; 2- to enter the top 10 of the Big Bang betting event; 3- through giveaways on Twitter and forums.
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October 08, 2022, 07:23:21 PM
 #34

You are right. You are not looking enough or researching because if you do then you won't end up here. Doing a simple search on google or inside the forum will give you already an answer but it's also not wrong to ask questions here so we are going to answer this again for the sake of your contentment. 1 is yes it's possible. We already have gambling sites which have an nft on them. Few examples, would be rollbit and I think Sportsbet have nft's too.

I read it on their signature. 2 is what do you think? Will they ever include if it doesn't serve any purpose? Of course they have use case like it unlocks some features and it totally boosts your gambling account. 3 is also possible. Live games are not new.

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October 08, 2022, 08:43:18 PM
 #35

As some users here already mentioned, we have some gambling sites that already issued an nft as a reward to they players in the past and rollbit is one of such casinos that have launched their own NFTs issuance in the past and other cases may have followed similar steps also.

 We are aware of the many possibilities in the NFTs and web3 development and how impactful it has become in the gaming industry at this moment.
 
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October 08, 2022, 08:56:48 PM
 #36

The utility that you're looking for could be the same with the tokens that some casinos have. There could be some benefits like lessening withdrawal fees and having you a portion of what they earn.

And for a way to meet other players and interact with them, just sit on a poker table with your friends and play as you discuss anything you want to do. No video but you can chat freely but I think what you like is sort of part of the Metaverse projects where there's an in-game casino and that's it.

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October 08, 2022, 09:13:48 PM
 #37

1. Is it possible for NFTs to coexist with a crypto-gambling project?

2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?

3. Is there any real-time ( LIVE ) crypto gambling platform where friends from around the world can come together either through web3 kinda like or just live video to gamble on the platform?
With the recent update with Rollbit, I think all of this are already available on that platform since they already allow to create a team which aims to beat the house so probably you can bring your friend and gamble together. NFTs are also available on this platform, it’s utilities is more on giving privileges where you can get something if you are holding NFTs. They also have promotions before if you are going to deposit NFTs on their platform, you can get huge bonuses for that. Rollbit seems to be ahead when it comes to NFTs adoption.

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October 10, 2022, 08:00:22 AM
 #38

Quote
1. Is it possible to integrate NFTs into a crypto-gambling project?

- I have no idea about this dude. Maybe that depends on the owner of a crypto-gambling platform.

Quote
2. What usefulness do you think 🤔 can make NFT useful for crypto gamblers?

- Maybe it still depends on the status of an NFT to be introduced in crypto gambling. If it has a good value in the market, maybe a gambler can grab it.

Quote
3. Is there any real-time ( LIVE ) crypto gambling platform where friends from all over the world can come together via web3 or just live video to gambling on the platform?

- I don't think I've ever seen someone do such a thing as an influencer on the live platform of gambling here in cryptocurrency using web3, or maybe it's not updated.

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October 10, 2022, 08:41:50 AM
 #39

1. Is it possible for NFTs to coexist with a crypto-gambling project?
2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?
(1) Yes, it is possible just like how some casinos have already made their own tokens so why not integrate their casino with an NFT. However, it will still depend on the casino itself if they see that NFT will be profitable on their end.
(2) In case casinos will integrate or create an NFT for their platform then the use case of each NFT will depend on the casino and how they will assign each of it. One possible use case that I can think of is exclusive bonuses, promotions, and services that they can receive and enjoy for their corresponding NFTs.

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October 10, 2022, 10:42:35 AM
 #40

I don't see the point of using NFT in gambling.

NFT is art) Why don't casinos reward players with paintings by Picasso, Malevich, Dali? Did that question make you smile? But these artists made art. Well if casinos are using NFT to reward players it would only make me smile.

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