Rollbit vs 5 new projects: Who has better GambleFi model?

[OlarValdo]

Tokens, tokens, tokens,,, I am never going for them anymore except if I get them airdropped on me like in JPT case as you get it just from wagering. And I have not explored it fully so I probably should not say much except that if they have a great marketplace going where you use JPT only, then maybe there is a sense in it. But I have seen many past projects in gaming have the same UTILITY model, tokens used to trade. You need not just the userbase to grow, but the users must find marketplace interesting. And sustain it,,, the most difficult part. If we come back here in 2030,,, which of these will still be having active volume? 

Does that mean that casinos that have their own tokens that are used in their gambling casino itself are not exchangeable on cex platforms or dex?

But are there other crypto casinos at this time that have their own tokens but have only been in the crypto gambling industry for a few years? due to the only ones
I see are new crypto casinos that have their own tokens.

Probably it's just a temporary trend. Many new casinos launch tokens and push them because they want to repeat Rollbit's success. We'll see how many of them are still around in a couple of years.

[leea-1334]

Does that mean that casinos that have their own tokens that are used in their gambling casino itself are not exchangeable on cex platforms or dex?

But are there other crypto casinos at this time that have their own tokens but have only been in the crypto gambling industry for a few years? due to the only ones
I see are new crypto casinos that have their own tokens.

In my experience yes. I closed a lot of accounts already but now I believe there are 2 I still play at and you cannot find their tokens anywhere outside the casinos. Rollbit, as in the thread title, has had tokens for many years, if you are wondering.

Probably it's just a temporary trend. Many new casinos launch tokens and push them because they want to repeat Rollbit's success. We'll see how many of them are still around in a couple of years.

Temporary trend? I do not think so  It has been going on since for sure more than 5 years though I remember one of the first tokens I had was in 2018 and it is gone now,,, EOS token or EOS bet or something like that yes I was very dumb I lost everything there. And there were maybe 20 or 30 at least.

And WINK is still alive but everything I have is worth less than $1 now.

[Alice Bloom]

~
Final thoughts

I started looking at these projects expecting the comparison to be mostly about different token models. After going through them, I think that's actually the less interesting part.
The bigger difference is what each project is trying to make valuable.
Rollbit made RLB valuable to its ecosystem by turning the business itself into a recurring buyer.
Jackpotter is trying to make a fixed amount of JPT useful enough that it doesn't need constant new supply.
Playnance wants GCOIN to matter across an entire infrastructure layer rather than one casino.
Limitless is betting that the prediction market itself becomes large enough for the token economy around it to matter.
FRENZY is taking the most unusual route of the five: for now, it is trying to make the player proposition stronger before asking anyone to care about a token.
And GOATED is a reminder that none of this works simply because a token launches well.
~

FRENZY is probably the one I'd revisit after 6–12 months because its biggest missing piece is simply history 

[sompitonov]

The burning of Rollbit tokens functions much like mechanisms seen in other cryptocurrencies for instance, BNB. Although BNB isn't tied to gaming, it offers a utility reducing transaction fees that savvy users actively leverage. Similarly, the token-burning mechanism for Rollbit serves as a driver for both demand and price appreciation, provided that no unforeseen or negative events occur. Overall, I like the Rollbit token model, it’s designed to foster gradual price growth. That said, new competitors are constantly emerging with fresh ideas, as the OP noted. Personally, however, I didn't find anything particularly groundbreaking among the five concepts presented by these new casinos.

[Pikiboy]

Tokens, tokens, tokens,,, I am never going for them anymore except if I get them airdropped on me like in JPT case as you get it just from wagering. And I have not explored it fully so I probably should not say much except that if they have a great marketplace going where you use JPT only, then maybe there is a sense in it. But I have seen many past projects in gaming have the same UTILITY model, tokens used to trade. You need not just the userbase to grow, but the users must find marketplace interesting. And sustain it,,, the most difficult part. If we come back here in 2030,,, which of these will still be having active volume? 

And if you look now to 2030 we are having about just 4 years time to come, most of the gambling tokens that was listed in the has no enough trading volume time now.
I understand that when a gambling site launches newly there will be people who would be that ready to accumulate their tokens to make profits and when profits has been made from that particular gambling token you see them automatically dumping it because they noticed that there is no profits coming from it anymore.

[xenomorfo]

Probably it's just a temporary trend. Many new casinos launch tokens and push them because they want to repeat Rollbit's success. We'll see how many of them are still around in a couple of years.

I'm also 100% convinced that this is just a temporary trend, like all the fads we've seen. i haven't experienced it, but there were the Bitcoin fork fads. Today, we can say this fad is completely dead, and no one does it anymore.
I predict it will go like this.

[hedgeh0g]

Probably it's just a temporary trend. Many new casinos launch tokens and push them because they want to repeat Rollbit's success. We'll see how many of them are still around in a couple of years.

I'm also 100% convinced that this is just a temporary trend, like all the fads we've seen. i haven't experienced it, but there were the Bitcoin fork fads. Today, we can say this fad is completely dead, and no one does it anymore.
I predict it will go like this.

This doesn’t mean that no new ideas will emerge, rather, they will appear gradually, and 99.9% of them simply won’t be competitive. Of course, any casino would be willing to pay for brilliant ideas from experts provided those ideas generate profit and attract new users. However, it is far easier to simply copy successful concepts like those of Rollbit than to come up with something entirely new. While casinos will likely be satisfied with the results of such copying, I suspect they are unlikely to surpass Rollbit across various key metrics at least, that is my take and my gut feeling.

[Perfectbaby]

I believe Rollbit and their token have a brilliant business model. They have a revenue-generating business, both in the form of casinos and sports betting, which provides a certain diversification. And there's anchor demand for the token, which is created by buying back the token from the market using a portion of the profit. Moreover, most of this purchased supply is burned, allowing them to permanently remove a significant portion of the supply from the market. In other words, it's a working model, which in turn fuels their business. However, we see that Rollbit has many competitors. Furthermore, on the RLB chart, although the token is generally growing, it moves in line with all other cryptocurrencies.

All these things are of the things to consider while buying a gambling token.
Whenever they want it's token to be that useful then there will be needs for the buy back and certainly reduces their circulating supply this is one major thing that boost their coin prices.
Again some other thing that I see that happens across gambling token is when they don't have a good business model then people tends to be dumping them after they made little profit from the coin exactly.

[Texac]

I believe Rollbit and their token have a brilliant business model. They have a revenue-generating business, both in the form of casinos and sports betting, which provides a certain diversification. And there's anchor demand for the token, which is created by buying back the token from the market using a portion of the profit. Moreover, most of this purchased supply is burned, allowing them to permanently remove a significant portion of the supply from the market.

While many crypto project are mainly about speculation, Rollbit actually runs business that bring in revenue from casino games and sport betting. But I wouldn't overestimate RLB buyback and burn mechanism. And reducing token supply doesn't guarantee that its price will go up.  If Rollbit's revenue starts to decline because of competition, regulatory restriction or gambler leaving casino, this model could also become much less effective.
As for RLB moving in line with rest of the crypto market, that doesn't surprise me at all.That's what will show how sustainable this business model really is in long run.

[el che]

Rollbit is still the king of GambleFi because they built a real money making casino that buys back its own RLB token every single hour. Most of these new projects are just overcomplicating things, until they can show real volume and buy pressure like Rollbit, it’s all just talk. At the end of the day, hyped presales and fancy tokenomics don't mean a thing without a real house making real money and Rollbit has already proven its model works over time.