Topic: Are NFT games also another way to gamble your money? - page 9. (Read 2292 times)
Yes but it's not really a gamble where you win, you win and when you lose, you lose. It's sort of an investment rather than gambling honestly, you will need capital to purchase some NFT then use the NFT to earn so the only lose here is when the price of the NFT crash unlike gambling there's 2 ways to lose, lose in gambling and when the price crash.
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.
If you think that NFT can give you profit, you can try with a small amount to see if that is work for you or not because some people who use big money can not always make money from the NFT project. But some people will not say that is gambling because they see the potential to make a profit from the project, so they decide to invest in that project while they do not know if the project will succeed or not in the future. It seems that people are greedy to invest in an unknown project without searching for more info.and once they dont able to get ROI nor it havent able to reach out on what you do expect then it would turn out that you would really get frustrated.
I've seen lots of games are surfaced and people is really fan on engaging into something which is on trend.Yeah, it is somewhat can be called gambling because we dont know on when they would last up.
Gambling in the sense that we are doing some investment but this isnt really comparable to Gambling games literally. We do have our own decisions as long we do enjoy at the same
time we do earn.
Indeed, when we do not know much about something or the project, that would be gambling because there will be two options for us: we lose or make a profit.
I hope that they can accept whatever the result and not complain that the project scams them someday before making a profit from what they invest in the project.
Maybe it really depends on the strategy that you have for the game. I played Splinterlands for 6 months and I was able to get my initial investment after around 4 months. But I stopped playing it due to very time consuming spending hours and hours just to earn a dollars' worth. There must be better games out there and I did heard about Axie, but I have not tried it since I also see paid games as gamble as well. We have to be very careful with our hard earned cash nowadays.
You really need to spend time playing these games in order to earn just like in Axie. It is one of the popular NFT games but worth the time and effort since you can earn huge depending on your effort each day. Indeed NFT games are getting the attention of the investors and its an edge if you're already a gamer because it will be easy for you. However not all games are profitable and genuine thus its a must to DYOR. 
I’d rather invest on a project that is more liquid because I want to get back my capital as soon as possible, this can only be considered as gambling if you took the risk but if not, there’s nothing to worry. Axie should be more stable and go for more liquidity, we all here for profit and fun as bonus.
apart from that it's everyone's opinion. and everyone is free to express anything including opinions here
Well, it's like an investment but with rng elements, basically close to how investments get returned to you depending on how the stock or coin actually develops (former is based on rng luck coded AND how well the game does, latter is based on how well it does). I wouldn't really call them a gamble tbh. It's closer to an investment imho, and besides, it'd actually earn more in the short term since most nft games are play to earn. They basically return a set amount of profit every month, unlike investment which is pretty stagnant most of the time.
To me I think that the games that the OP is referencing fulfill the conditions of being a gambling game, many times people say that those that are not following any kind of strategy when they invest are gambling, but that is not true because with gambling you need to also get some fun in the process, and to me the games that are being referenced qualify as gambling games, personally I will not recommend anyone to have any expectation of eventually making their money back but if they want to get some fun maybe the games could be worth it. Yes, NFT games are more about investments and you can earn by selling and playing the game so I don’t think it can be considered as gambling though I’ve heard some games ask for money first, I’m not sure though and if you can share that game that could be a great help. So far, Axie is the best NFT games and many investors are still coming to this platform, this is very popular in my place.
What if there are buyers and there is no liquidity, the life of any play to earn is the liquidity and if players cannot liquidate their inventory then the project will go down, once you invest money in any project and you are thinking of return of your investment, then it can be considered as gambling, the reason many are coming into Axie to invest is because of the profit.
I have even collected many types of NFT, which of them have different networks, such as ERC20 which I collect the most along with NFT which is in the BSC network.
All have entered the crypto growth driven by NFT, we know that nowadays it's not only games that can use NFT. some other things have started to appear in order to enter the NFT zone.
All have entered the crypto growth driven by NFT, we know that nowadays it's not only games that can use NFT. some other things have started to appear in order to enter the NFT zone.
There's a difference between gambling and investment. I have said this before.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.
Are all mixed.
In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.
We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.
Now, the times are getting out of control, so that it becomes a source of income for everyone. Including the presence of crypto, online gambling has made it more diverse in terms of income. Whereas before a season like this, we usually just aim to have fun hi, by paying a few cents to the computer rental owner to play just a few hours. A time we may not find today.
Even though it has changed, of course we have to be able to control it, just like gambling, it must still be under control.
Seen lots of comments that don't have experience playing NFT games and saying something non-sense. 
They think NFT games are gambled without knowing that there are some NFT games that profitable.
I will let them think of it that way and just focus on my own.
They think NFT games are gambled without knowing that there are some NFT games that profitable.
I will let them think of it that way and just focus on my own.
Right now there are huge lists of them where you have a choice on whether you buy tokens on their early pre-sales or invest in the game hoping that you will get your ROI as fast as possible but there is no assurance about it. Is this gamble its true sense it has just some part where you need to take the risk but not that low odds where you can get your capital back?
Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.
Splinterlands
Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.
Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.
These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
Just like this one - Where the Initial investment is 10$ but if you are lucky enough you can get it after 15 days or a month of continue playing. Of course, you will have an option to further invest in the game where you accelerate the return of your capital but more risk and you need to spend additional money for it.
Splinterlands
Number two is somewhat risky where right now you need to have 4 characters and a weapon to start to play the game which is approximately $100 to start to play and the risk right now is quite high because the price of their token is falling from $120+ to $32+ where lots of people are complaining because they bought their characters and weapons when the price was high. With the current price, their investment capital will return after 5-6 months of continue playing or less than that if the price will recover but no assurance.
Number Three is the NFT game called MyDefipet where in most cases people invested where the price was quite high and the game hasn't started their play to earn mode yet. This last one is the riskiest of them all since there was no way for you to get your capital back if you already bought their NFTs inside the game. all you have to do is wait and somehow trust their developer's statements.
These are just a few lists of the NFT games that I know, I just wanted to know if this kinda makes sense to invest in this game whereas you can see, people who invested late are now suffering and
can't stop thinking if they get back their investment.
It's definitely true that people will spend money on any old junk. These games just look like a continuation of phone gaming applications that are accepting payments in a slightly different method. They have carefully structured the system to give the illusion that will produce money for the buyers (in example one) but it sounds like a scam - they are simply hoping that earlier players will be paid off by the funds of people buying into the system later, meanwhile the original founders will be skimming their profit off all along the way. There is nothing wrong with including these "NFT" based activities, but the buyer really needs to know the value of what they are getting - which as with most virtual items, regardless of how it is paid for, will usually depreciate extremely fast and end up almost worthless in unpopular games.
When NFT games started coming out it was really interesting but now i am not playing because the amount of money you need to shell out for a game is not worth it. I know many burned their money as well when the market had a huge correction and majority of the coins suffered a lot and the investors are not happy with the ways things are going. I would rather gamble in a casino rather than NFT games because of the initial capital.
Not all NFT is game-based, there are many choices such as sketches, paintings, music, videos and many versions of NFT that are currently very popular with buyers. This makes us more choices to have, you can try it on several exchanges, like in Opensea I quite enjoy it and it all has quite an advantage.
These are some new hypes in the market and exploring them is also good way and to gamble upon them as there is risk element present so probably call it gambling rather than investment as they both differs in many aspects.You are giving your time in hope of getting high ROI over time and bets are placed on them in new ways.There are many gaming platforms coming up with these NFT's gameplay but try to find best out of them with DYOR that have legitimate background to support you in any case.
Maybe it really depends on the strategy that you have for the game. I played Splinterlands for 6 months and I was able to get my initial investment after around 4 months. But I stopped playing it due to very time consuming spending hours and hours just to earn a dollars' worth. There must be better games out there and I did heard about Axie, but I have not tried it since I also see paid games as gamble as well. We have to be very careful with our hard earned cash nowadays.
Are all mixed.
In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.
We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.
At this time, when you said it is all mixed and yes it is. Games are somewhat combined with gambling like games where you can waste your time by playing and also get a chance to get rare or better equipments. When a game is change to gambling then instead of rare or better equipment the player will get a big amount if lucky and lose money if he/she didn't win the game he/she played. I have playing an online game where I gambled my game items to have a chance receiving better ones or money. I have known and participated a campaign where the project have their own NFT tokens where you can stake, trade using their own token or buy a NFT which in game it is a NFT package where you can get a single one that you destroy to receive tokens or yse it to have more mining power. So, I would say that NFT games are other way to gamble. In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.
We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.
There's a difference between gambling and investment. I have said this before.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.
Are all mixed.
In my time, computer game was something made for fun and "wasting time", and the same should be for gambling... a machine that gives you some kind of pleasure with the POSSIBILITY of winning something big, not an investment.
We are going down a path where it all comes down to profit, people are only satisfied with something when they can earn something financially. where is the time when we sat in front of a computer to play without committing to earning something?
It almost doesn't exist anymore.
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.
If you think that NFT can give you profit, you can try with a small amount to see if that is work for you or not because some people who use big money can not always make money from the NFT project. But some people will not say that is gambling because they see the potential to make a profit from the project, so they decide to invest in that project while they do not know if the project will succeed or not in the future. It seems that people are greedy to invest in an unknown project without searching for more info.and once they dont able to get ROI nor it havent able to reach out on what you do expect then it would turn out that you would really get frustrated.
I've seen lots of games are surfaced and people is really fan on engaging into something which is on trend.Yeah, it is somewhat can be called gambling because we dont know on when they would last up.
Gambling in the sense that we are doing some investment but this isnt really comparable to Gambling games literally. We do have our own decisions as long we do enjoy at the same
time we do earn.
If you are investing or buying stuff for future gains, then it's gambling but if you want to play and have fun on these gaming sites and don't care if about gains then it's not gambling at all, it's what's on your plan and reasons on buying and investing on these NFT games, but it's always buy or invest with spare money so you'll not get disappointed in the long run.
There's a difference between gambling and investment. I have said this before.
When you buy or invest into an NFT game, you're expecting a return regardless If the value decreases, that doesn't mean you already lost as long as you're still holding into an asset.
While gambling has no asset. Once you lose, there's no other options to take your money back.
NFT games were expensive, and you can't just expect players to prioritize the "fun" stuff while playing before thinking about the gains first.
The only game I know that has an enjoyable game feature is Axie Infinity and nothing else.
Now, to counter your first statement. I bought an Axie team last June for $800 and right now I earned 5x my capital and still counting. Do you call it gambling?
While when you're gambling, you bet once and win/lose once.
Yes, NFT games are more about investments and you can earn by selling and playing the game so I don’t think it can be considered as gambling though I’ve heard some games ask for money first, I’m not sure though and if you can share that game that could be a great help. So far, Axie is the best NFT games and many investors are still coming to this platform, this is very popular in my place.
What if there are buyers and there is no liquidity, the life of any play to earn is the liquidity and if players cannot liquidate their inventory then the project will go down, once you invest money in any project and you are thinking of return of your investment, then it can be considered as gambling, the reason many are coming into Axie to invest is because of the profit.
As long as people are trading SLP and AXS I think the game is worth playing for and you are right people are joining to earn profit right not the only risk about this game is if the price goes down but so far according to what I see on the market it's pretty stable and it's going upwards which good for early investors of the game.
Yes if there's a risk and you don't know if you're going to earn profit then yes you can consider it as another way to gamble your money. Actually a lot of things can be consider as gambling even bounty hunting since you don't actually know if you're going to earn money after the campaign.
If you think that NFT can give you profit, you can try with a small amount to see if that is work for you or not because some people who use big money can not always make money from the NFT project. But some people will not say that is gambling because they see the potential to make a profit from the project, so they decide to invest in that project while they do not know if the project will succeed or not in the future. It seems that people are greedy to invest in an unknown project without searching for more info. 
@harizen. I did not say it is gambling similar to betting money in a slot machine or dice, however, in starting a business or investing, if you take the risk therefore it is a gamble.
The risk you take is your own decision, high risk or low risk. They are a gamble unless the return is 100% a certainty.
In NFT games if you bought the NFT or the tokens of the game, are you quite certain that your investment will not lose? You might presently say yes because everything is pumping in this bull market, however, wait for the bear to pounce.
The risk you take is your own decision, high risk or low risk. They are a gamble unless the return is 100% a certainty.
In NFT games if you bought the NFT or the tokens of the game, are you quite certain that your investment will not lose? You might presently say yes because everything is pumping in this bull market, however, wait for the bear to pounce.
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