Guys, I have seen that NFT games are what will explode in moving a lot of money due to that trend, I don't know about you, but the money that will move the most will be there, the business model that is taking place is unique, there are many Airdrops, many Oprotunities where many games are emerging.
A simple example is AXIE Infinity, many are investing and are managing to even give scholarships for gamers, I think the business model is very sustainable, because attracting players and investors is a great combination. I think that at least during these 6 months it is a great option to bet money on NFT games because of the trend that is seen.
Topic: Are NFT games also another way to gamble your money? - page 13. (Read 2292 times)
even if this is gambling or not yet i don't care because i would rather invest my money in crypto than playing these games in which for me are boring and also i have so many things to do than this gaming now.
but about this being gambling or not? yes this is gambling depend in my perspective lol.
but about this being gambling or not? yes this is gambling depend in my perspective lol.
NFT games are another way to gamble it's usually a slightly different type of gambling occurs through investment. Most gamers will buy the game and play some parts towards the end and some people will complete the whole content there will be a dedicated subset for which gambling becomes a social environment, where digital work is marked by status and wealth. NFTs were currently the only profitable thing in etherium during the cryptocurrency to end the game and trade heavy discount tokens you travel well in this direction it will take you higher risks.
Yes, NFT games are becoming a thing for investors and players to gamble their money but this is a different kind of gambling. This is not the typical form of gambling. This is more like investing.
In Axie Infinity for example, you will need a big amount of money to breed, hoping that the baby Axie that will be produced in the end has a high level of purity and would therefore sell big in the market. But there is also the risk of having an offspring with low purity percentage.
In Axie Infinity for example, you will need a big amount of money to breed, hoping that the baby Axie that will be produced in the end has a high level of purity and would therefore sell big in the market. But there is also the risk of having an offspring with low purity percentage.
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Of the 3 games you mentioned are indeed gambling. Many other Nft games of the same nature. They offer bets which i find a little unreasonable. This method of course invites our desire to bet instead of getting a big profit. And reality says differently.
I wonder if NFT will be the next phase of the gambling business because if many games in the NFT are related to gambling, that can make the crypto gambling industry grow. The investor will attract to playing the games and gamble with their money but I am not sure if they can get a good return from the project unless they do not want to play the games and only want to use the investment from the NFT. We will see it later once the NFT project achieves all of the phases of the project. 
Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the current hyped NFT games as of this moment.
I only posted the games I invested in, I don't have any experience with the Axie infinity so I skipped it.
Anyway, base on your answers, it is definitely a gamble to invest in these games but the risk is low compared to actual online gambling that we have right now but the nature of losing your money when the price of their token fell is still there and there is no guarantee for it to bounce back since it is also inside the crypto market where the volatility is always our partner.
One more thing about Cryptoblade is their chances of battle where the low percentage of winning gives only a little amount of rewards. The moment I saw the percentage of winning the battle, that's when I concluded my thought that this is really gambling. because there is no other definition of when you need to get in the odds in order to take your money back.
The gambling part is the output. For example in DefiPet, you will buy a pet but the chances of getting a high quality have a probability. It's the same as gambling and relying on RNG to have a good pet. But the difference in actual gambling is, you can still use your buy pet even it's just a common one.
About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.
About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.
to eliminate the luck factor here, the player should monitor the progress of the platform itself, are they really implementing the tasks promised to its players? are they finding ways how to attract players and increase the value of the characters? because if you will not keep up with their updates, you are just basically relying on your luck.
you need to think also about the longevity of the gaming site. can they withstand the market once the hype is over, like for example, when it comes to NFT? and this kind of question takes time to at least get a substantial answer. as NFT games are just in the initial phase, we can't know yet how the gaming community will approach this in long term
Ranking based on preference.
1.Mydefipet
2.Splinterlands
3.Cryptoblades
Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the current hyped NFT games as of this moment.
In talks or mention of gamble then its definitely risky i can say but on those games i had able to reached out ROI in a short span of time which i can say
to be worth it but of course you should be always be aware on investing on the money that you can afford to lose.
1.Mydefipet
2.Splinterlands
3.Cryptoblades
Dont know on why Axie infinity isnt included on the list? You should add up Cryptozoon too since these are the current hyped NFT games as of this moment.
In talks or mention of gamble then its definitely risky i can say but on those games i had able to reached out ROI in a short span of time which i can say
to be worth it but of course you should be always be aware on investing on the money that you can afford to lose.
Investment could always be considered as a gamble but this is entirely or literally be different if we do talk about gambling games which means risk would really be in common but somewhat
they do really differ on the intensity or the amount of risk involved.In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are
expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really be giving worth into your risk taking.
they do really differ on the intensity or the amount of risk involved.In regarding with the question if these games is the way to gamble your money? Some sort of but not literally because you are
expecting on something for you to earn on long term and it would really be varying on the potential of a certain project which it would really be giving worth into your risk taking.
Of the 3 games you mentioned are indeed gambling. Many other Nft games of the same nature. They offer bets which i find a little unreasonable. This method of course invites our desire to bet instead of getting a big profit. And reality says differently.
How can you ever view playing games even though it is connected to a blockchain as an investment, i am yet to play any games and i am sure you need to connect your wallet just like you do in gambling sites and can start playing. I am not sure about the dividends you are going to earn playing the game but still you cannot view playing games with money as investment.
There are some NFT games that already with play to earn features that's why it's not the same as gambling but rather an investment.
On the example provided by OP, Defipet for example does have future pay to earn.
Others are now preparing for it by investing money to properly set up their pets. It's not totally gambling since these preparations will be used in the future. No way it won't be profitable but the only question is how long the return of investment.
It's not a gamble since we are trying to making it good as possible.
These games should be treated as investments. Making it gambling is a suicide. We should care for the money we used on these NFT games. Risk is always there so we need to find ways to minimize it. It's like buying a good coin and waiting for the right time to sell it. Here in NFT, we will try to make a regular income out of playing these.
How can you ever view playing games even though it is connected to a blockchain as an investment, i am yet to play any games and i am sure you need to connect your wallet just like you do in gambling sites and can start playing. I am not sure about the dividends you are going to earn playing the game but still you cannot view playing games with money as investment. These games should be treated as investments. Making it gambling is a suicide. We should care for the money we used on these NFT games. Risk is always there so we need to find ways to minimize it. It's like buying a good coin and waiting for the right time to sell it. Here in NFT, we will try to make a regular income out of playing these.
If the game relies on luck, of course it is included in gambling. Shouldn't this Nft game be like a mining field to earn? game I mean like "Axie Infinity" https://axieinfinity.com/
and this is the Nft market https://marketplace.axieinfinity.com/. here as users we have to play strategically and this is really different from other Nft games. For me Axie infinity is very good so far. I get a more income than before.
and this is the Nft market https://marketplace.axieinfinity.com/. here as users we have to play strategically and this is really different from other Nft games. For me Axie infinity is very good so far. I get a more income than before.
Actually the Idea of we need to spend money before playing is already a way of gambling mate because there are tons of free games in internet that we can enjoy without spending even a single buck but these games obliging us from buying or paying just to start the game in which not my type as a gamer in past.
maybe the longest i can engage in this game if given a chance to play free like what Axie's scholar does.
maybe the longest i can engage in this game if given a chance to play free like what Axie's scholar does.
Definitely not the first time I've seen people go all in and gamble in games like that by paying outrageous amounts of money in the game in order to win more. I just learnt about what the Axie infinity scholarship program. It's a good initiative especially if certain players won't be able to participate in the main game. I reckon that in the near future, we would see more games like this and people being gamblers would still shell out monies to participate in gambling games like that.
Investment and gambling is different, also the word "gamble" is a very broad word to begin with. I guess the right term to use when you're using your money in an investment is "risking" and not "gambling" your money because you put it in a game to earn money.
The other way to determine the difference between NFT games and gambling is that NFT games assures you to earn money once you started while in gambling, it is the complete opposite.
nft games give us the opportunity to get rewards in diamonds as long as we all play the game as determined by the developer.The other way to determine the difference between NFT games and gambling is that NFT games assures you to earn money once you started while in gambling, it is the complete opposite.
indeed for now NFT is becoming a pretty good hype because apart from this it is an easy thing to solve.
different from gambling where this is testing your luck here and the chances are there are only two when you are in gambling namely the first you will win and the second you will lose
It's not a gamble since we are trying to making it good as possible.
These games should be treated as investments. Making it gambling is a suicide. We should care for the money we used on these NFT games. Risk is always there so we need to find ways to minimize it. It's like buying a good coin and waiting for the right time to sell it. Here in NFT, we will try to make a regular income out of playing these.
These games should be treated as investments. Making it gambling is a suicide. We should care for the money we used on these NFT games. Risk is always there so we need to find ways to minimize it. It's like buying a good coin and waiting for the right time to sell it. Here in NFT, we will try to make a regular income out of playing these.
The gambling part is the output. For example in DefiPet, you will buy a pet but the chances of getting a high quality have a probability. It's the same as gambling and relying on RNG to have a good pet. But the difference in actual gambling is, you can still use your buy pet even it's just a common one.
About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.
About the investment part, we shouldn't think of it the same as the usual gambling since we are not relying on luck here. If things go properly, it will be paid off just how we managed the usual business and investment.
My biggest fear is the guarantee of refunds of investment if prices drops or goes higher that is to say what ever goes on in the process lies strictly on my own risk. Looking at the second game crypto blades where there is no assurance of refunds then I will bluntly say it's not worth investing in.
There’s no assurance for the profit, this is why you only have to invest your extra money. There’s a big issue with cryptoblades especially those who invested on its peak price, now they are still down. Gambling is something that you always do even without any assurance of profit, some NFT games have an assurance to make money everyday but still depends on the market value of that token, NFT games can’t be consider as gambling.Risk is there but use different approach, NFT games is more on investing side while gambling is more on your entertainment or money-making in a quicker turn around.
Both though don't have any assurance that you'll be able to get the best outcomes, that's why it's a must to use spare money, amount that you are willing to let go. Back with NFT and naming cryptoblades indeed those who bought and join this game at the very peak losses a lot of money if they decided to sell their skills. The value crashed and still far from the last time high.
Wow! There are lots of things that we've come to give value in the crypto space that at times, it feels as though we are doing too much. I don't know but, I really think I might not be looking into the NFT game or gambling as we may have it, anytime soon. It just doesn't add well to me and the interest with NFT gaming could be much more less by the day, looking at the fact that, those who play games more are teenagers. More of the funds resides with the adult forks and they aren't much of a gamer so, how could this really strive I wonder!
What problem or function has this sort of investment plan come to solve? Because in the library run, it's what really matters and could be the thrilling factor beside its idea.
What problem or function has this sort of investment plan come to solve? Because in the library run, it's what really matters and could be the thrilling factor beside its idea.
My biggest fear is the guarantee of refunds of investment if prices drops or goes higher that is to say what ever goes on in the process lies strictly on my own risk. Looking at the second game crypto blades where there is no assurance of refunds then I will bluntly say it's not worth investing in.
There’s no assurance for the profit, this is why you only have to invest your extra money. There’s a big issue with cryptoblades especially those who invested on its peak price, now they are still down. Gambling is something that you always do even without any assurance of profit, some NFT games have an assurance to make money everyday but still depends on the market value of that token, NFT games can’t be consider as gambling. Jump to: