Eternad
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October 10, 2022, 04:34:58 PM |
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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.
NFT is not all about art since its a token wrapped. It just being used to store an art during its initial release but it's use already diversify in different category and one of them is on casino industry. Some casino like Rollbit introduced there Rollbet NFT to give additional benefits to there players by just holding it. The benefits varies on the rarity of the casino which makes casino players crazy to hunt a rare NFT ro have a better casino benefits.
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STT
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October 10, 2022, 05:27:42 PM |
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NFT I would equate with in game items for games that can be traded on a market. They can have a monetary value in exchange and in time can be used as gambling tokens, this is all meta from 2014 or earlier and its not new just because of us recognizing the current variant of NFT. Though its hit the mainstream we've had sites for selective tokens to examine, collect, advertise, exchange, sell, gamble for many years now. The systems Ive seen have been centralized not really what I would call crypto but still comparable to the ideas proposed now. The main problem with the artwork NFT I've seen is they do go out of their way to vary them considerably, thats the main obstacle can an automated website recognize a value possible to gamble with accurately. Not completely straightforward but like anything if there is demand it can happen, there is some premium to operate this idea say about 5% maybe more to start is probably fair and thats attractive to business to proceed with and deal with any demand to gamble NFT.
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khaled0111
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October 10, 2022, 06:10:07 PM |
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Well if casinos are using NFT to reward players it would only make me smile.
Why not? What's wrong with rewarding players with NFTs? They are tokens After all and if the casino can guaratee they will have some value and can be exchanged then I don't see anything wrong with this idea. Besides, NFTs can be used in different ways to improve the user experience. For example, a player can get access to special features and promotions or have a special membership depending on the NFT he owns.
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uneng
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October 10, 2022, 07:21:29 PM |
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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.
Casinos want to embrace the hype of NFTs introducing a concept related to it to their platforms. I think it's more marketing than anything else, but at same time it doesn't mean it's a complete waste of time and money for gamblers, because depending the benefits offered by the house, some NFTs can be really rewarding and profitable. Keep in mind profit isn't made only when selling NFTs, but also by holding them when the casino guarantees a benefit for you when doing so. Therefore, you don't need to rely yourself only on speculation to make profit with NFTs, what is an extra guarantee when going for this kind of token.
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dezoel
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October 11, 2022, 06:54:10 PM |
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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. I think instead of having the old way of achieving a VIP through wagers, some casino just came up with a new idea and introduce NFT. Becoming a VIP this way is much faster but the catch is that the price of the NFT's are also expensive. Degenverse partners with a popular site like b.c game to help them market their NFT's faster but it's great that there are different ways to obtain the NFT and not just by buying it directly. If we get lucky then we can win money while at the same time getting the NFT for free which will also entitles us for more prizes later on. I think many will look forward on the Twitter and forum giveaway since it's likely to be free as well.
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khaled0111
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October 11, 2022, 09:32:14 PM |
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I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers.
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DoublerHunter
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October 11, 2022, 10:06:43 PM |
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I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers. ^Definitely right, it is a part of the revolution in which we know our technology is revolving. Virtual games are already there that are pretty sure can be used in NFTs games to gamble, it has been a hot topic here before but I don't know why it suddenly appears, and probably some developers now working on it on how to apply NFTs are to the gambling industry. However, we are in the processing stage at the moment and probably there will be a better result by next year regarding NFTs games.
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milewilda
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October 11, 2022, 10:16:16 PM |
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I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers. ^Definitely right, it is a part of the revolution in which we know our technology is revolving. Virtual games are already there that are pretty sure can be used in NFTs games to gamble, it has been a hot topic here before but I don't know why it suddenly appears, and probably some developers now working on it on how to apply NFTs are to the gambling industry. However, we are in the processing stage at the moment and probably there will be a better result by next year regarding NFTs games. We cant actually tell the right time on when these innovations would pop out and would be applied on the current games that we do have today but pretty much sure that there would be new things that could really be seen in the future.Changes and innovation doesnt really stop as years going by and this is an inevitable thing.We cant just remain on the same system like forever.Knowing on such industry where competition is high which companies or teams will really be definitely finding ways for them to create something new or havent been offered or seen in the market since we know that being the first would really be the ones who would get the biggest revenue as gamblers would really be tending to try something new.
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EarnOnVictor
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October 12, 2022, 08:13:08 AM |
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I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers. I am with you on this, more is to be done soon, and many developments would surprise people towards what they did not expect. I had thought of it myself and since I have seen this thread in addition, it means many people are thinking the same thing. So, it will not take long before professionals in the field will put their hands on the desk. NFT should not be an issue in gambling, the adoption should be simpler with the level at which technology surrounding crypto and gambling is advancing.
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FatFork
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October 12, 2022, 08:38:19 AM |
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I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers. Right. I think that's why NFTs are so interesting. There are endless possibilities of how they can be used to improve the user experience for a variety of businesses. Adding non-fungible tokens to an online gambling platform can bring a lot of value to customers. We already saw what ERC721 tokens did for online gaming with cryptokitties and they can do the same for online gambling sites that have embraced them. One of the things I've noticed with this model is that users see value in their tokens, which creates loyalty and increases engagement level. At this point, they're not a necessity by any means, but in the long run, online casinos will have to start incorporating them if they want to reach the next level of innovation. It's all about giving customers what they want and providing unique experiences and opportunities. How long before gambling is based on NFTs and everything you play with has some value to you? It will be interesting to see what happens.
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LUCKMCFLY
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October 19, 2022, 05:19:28 PM |
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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. Well, the NFTs are a very scratchy topic, because since 2021 it has been a controversial topic because thanks to the very bad performance of some devs they managed to make highly developed ponzi schemes and other schemes that left people with very bad money, they made them lose a lot of money and in fact this was put into it, but fortunately there are casinos that have somewhat rescued the image of NFTs, as in the case of ROLLBIT, it is a casino that has its own NFTs and it was very easy for me to take advantage of that to be able to get a good deal on them Proevho, maybe in your project you have as a projection to take advantage of slots based on NFT balance. I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers. I am with you on this, more is to be done soon, and many developments would surprise people towards what they did not expect. I had thought of it myself and since I have seen this thread in addition, it means many people are thinking the same thing. So, it will not take long before professionals in the field will put their hands on the desk. NFT should not be an issue in gambling, the adoption should be simpler with the level at which technology surrounding crypto and gambling is advancing. If we see casinos as a way to revive NFTs, there is no need to be afraid, in part I know many have lost money here with NFT games, but there is something they do not see, it is the potential that NFTs really have and when it is associated with a casino there is a guarantee that things will not get out of hand and that they will not implement an unbearable economy nor will they scam us, in context I think that we, as we have been in many crypto events and have seen what it is capable of if the technology is achieved, it cannot just stay there, the metaverses are coming, and in a casino within a metaverse with NFT things will look very different.
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Daltonik
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October 21, 2022, 02:54:05 PM |
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[...] SlotieSlotie is a brand-new NFT game that aims to combine DeFi with gambling by utilizing virtual casinos. It is an NFT game that seeks to bring the worlds of decentralized finance and casino gambling together by incorporating reasonable contracts into the gambling sector. You are liable to a portion of the various casinos' revenue if you acquire one of their NFTs. [...] Playing with Slotie's NFTs Regulators in four states of Texas, Kentucky, New Jersey and Alabama considered that Slotie was involved investors in illegal gambling activities in the metaverse and also illegally placed shares under the guise of selling 10,000 NFTs. According to the order, Slotie must immediately stop selling NFT until it registers them as securities, in case of non-compliance with the requirements, the founders of the firm face a fine of up to $ 10,000. Source: https://www.cnbc.com/2022/10/20/four-us-states-order-a-metaverse-casino-to-halt-sale-of-nfts.html
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LUCKMCFLY
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October 27, 2022, 07:23:08 PM |
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I don't still know why many persons think NFT is not that useful and is a waste if time. I like NFT and if you don't believe in it then that is fine.
It's not about how you feel about NFTs or what you think about it. I've read a lot about this subject and it seems that many old adopters believe NFT is the next revolution. I totally agree with them as there is no limitation to where NFTs can be useful. What may limit you is your own imagination. You can make a Google search about where NFTs can be used and you will be amazed by the answers. I am with you on this, more is to be done soon, and many developments would surprise people towards what they did not expect. I had thought of it myself and since I have seen this thread in addition, it means many people are thinking the same thing. So, it will not take long before professionals in the field will put their hands on the desk. NFT should not be an issue in gambling, the adoption should be simpler with the level at which technology surrounding crypto and gambling is advancing. NFT is something that can be seen in many ways, for me the technology passed through very bad hands, they were used a lot for evil, the games developed by which many people got involved and lost was something devastating for him that everything related to the NFTs, what happens is that they tainted their vision, if the image of the NFTs had not been damaged, currently everything would be under the NFTs, but it must be recognized that some casinos have managed to place all this technology for what it was always created and they have raised everything that NFTs mean, for me this is something that has a lot to do with what enthusiasts always want. [...] SlotieSlotie is a brand-new NFT game that aims to combine DeFi with gambling by utilizing virtual casinos. It is an NFT game that seeks to bring the worlds of decentralized finance and casino gambling together by incorporating reasonable contracts into the gambling sector. You are liable to a portion of the various casinos' revenue if you acquire one of their NFTs. [...] Playing with Slotie's NFTs Regulators in four states of Texas, Kentucky, New Jersey and Alabama considered that Slotie was involved investors in illegal gambling activities in the metaverse and also illegally placed shares under the guise of selling 10,000 NFTs. According to the order, Slotie must immediately stop selling NFT until it registers them as securities, in case of non-compliance with the requirements, the founders of the firm face a fine of up to $ 10,000. Source: https://www.cnbc.com/2022/10/20/four-us-states-order-a-metaverse-casino-to-halt-sale-of-nfts.htmlWell, it is obvious that now they do everything to be able to get money, now NFTs are regulated, it seems very good to me because that way they stop scamming people, many investors are always looking for the best options to put their money. and if they were scared in 2021 when a group of devs made pyramid systems, ponzi schemes within games that was of the "Make Money" style and that was what shook the NFTs a lot and that is why now many do not trust the NFTs, In fact, what has made people trust NFT again is the trust that casinos give to implement that technology and in turn things will grow on the part of the metaverses.
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noormcs5
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October 27, 2022, 07:32:02 PM |
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Well, it is obvious that now they do everything to be able to get money, now NFTs are regulated, it seems very good to me because that way they stop scamming people, many investors are always looking for the best options to put their money. and if they were scared in 2021 when a group of devs made pyramid systems, ponzi schemes within games that was of the "Make Money" style and that was what shook the NFTs a lot and that is why now many do not trust the NFTs, In fact, what has made people trust NFT again is the trust that casinos give to implement that technology and in turn things will grow on the part of the metaverses.
People will play every game in the market to make and grab money from you. Whether it be NFT or Play to Earn games, it seems everything is being developed by greedy developers to just make money. They will do everything to create fake hype and every immoral thing in the book that you make people lose money and developers being the beneficiary. I do not understand how regulating the NFT will the scammer not fool the people. Also, NFT won't be regulated everywhere and people will always find loopholes to get away with all the restrictions which may be put in to protect the interest of the general public.
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dothebeats
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October 28, 2022, 10:19:31 AM |
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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?
The idea is too little too late, I think. The hype around NFTs basically died a year ago, and right now I don't think there are people that are still interested into receiving NFTs as a reward for their gambling activities, nor there are people out there who thinks this is a good idea and will support the platform. It might pique the interest of some people but I don't think it's something that might stick around for the long term. I normally avoid projects with NFT nowadays, and even if a platform gives enough bonuses and whatnot to keep its users, I would still go the other way and stay at my regular casino if I just wanted to waste some money.
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Coin_trader
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October 28, 2022, 01:38:54 PM |
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Using NFTs in gambling makes no sense to me because there is no use to for NFT on a gambling platform in the first place, some are saying NFTs can be gifted to gamblers or can make gamblers want to play games on the platform just to win an NFT but how will such NFTs have value? This is why I think it's a bad idea.
Simple answer Rollbot. Rollbot has a feature that give benefits to user by holding it that related to casino. Rollbot provides cashback and different additional bonuses that increase percentage based on the rarity of the NFT. NFT has a wide variety of usage on gambling that yet to be discovered. Probably you are only viewing it as collectible things but it's a wrapped token which means it can be use to casino especially on web3 as reward system that will give additional benefits for those whose holding it. Think of it like a VIP rewards card that gives you extra bonus everytime you play in top of the loyalty program of the casino.
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virasog
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October 28, 2022, 01:42:02 PM |
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Using NFTs in gambling makes no sense to me because there is no use to for NFT on a gambling platform in the first place, some are saying NFTs can be gifted to gamblers or can make gamblers want to play games on the platform just to win an NFT but how will such NFTs have value? This is why I think it's a bad idea.
Well, NFT and gambling are totally different things, but new gambling sites may offer NFT platforms within the gambling platform. They do this because they think that those who are interested in NFT will come to a gambling site and may gamble also while buying and selling NFTs. Similarly, they will market the NFT by saying that the gambling site is offering value added services like NFT trading, etc. By the way, I am not in favor of getting all the services under one roof (site).
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Fivestar4everMVP
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October 28, 2022, 02:18:39 PM |
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1. Is it possible for NFTs to coexist with a crypto-gambling project?
Personally, i think NFTs are overrated, aside being used as gaming characters, like it is with Axie infinity and its likes, or being used to store some really important files on the blockchain, i personally see no other usefulness for NFTs, most of the current NFTs we have from different projects are nothing but a way through which the developers grabbed some quick profit from their victims. If a Crypto gambling platform, like a casino should launch their own NFTs, what would be its usecase?, this is the question you should ask yourself, crypto gambling platforms dont need NFTs because clearly, there is no usecase for it. 2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers?
Like i said above, i see non, take for instance, some casinos have launched their token, some of this casinos are still struggling to give the holders of their token a usecase aside gambling with it, now add NFTs to it, what possible usecase could they assign to NFTs in a casino/gambling project? 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?
This is metaverse, yes, there is, i think one has been introdused here on this forum some time ago, its the first of its kind and i dont think the project is fully launched yet, i will try to do some search and post here, this is if another user have not posted it before i do or even before this comment.
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Odusko
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October 28, 2022, 02:18:49 PM |
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It is possible and where you can find a gambling site with nfts is rollbit. I am sure you know what are NFTs and in rollbit their NFTs are rollbot if I am not mistaken. Its not that long that rollbit also have NFTs. For other gambling sites that also have NFTs is I am not sure but it's up to the casino owner if he wants to add NFTs on the platform just like what rollbit did. Are you planning to create a gambling site with NFTs?
You are right, the only casino that has awarded NFTs to their players is Rollbet as I saw their promotion on this forum sometime ago and I think the promo was hosted even before my arrival in this forum. And I believe some other casinos also will offer NFTs rewards for playing on they site but ttlhis development is still at it early stage since we don't have much casinos diving into NFT production.
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robelneo
Legendary
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October 28, 2022, 02:41:35 PM |
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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? The Crypto casinos and the Cryptocurrency industry are dynamic its possible the Crypto casino is now fully adopted and NFT is on its way to adoption the two can be combined if we see one casino implement this and the community adopted it 2. What usefulness do you think 🤔 could make NFTs useful for crypto gamblers? They can give it as part of the reward for reaching a level and the casino integrates a market for it, so gamblers will be motivated to level up their account by increasing their wager.
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