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Topic: Could be a bigger challenge when market force is low - page 2. (Read 235 times)

hero member
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P2E will 100% die out due to players creating bots (and the economy not being able to be managed properly when extreme circumstances happen, like a sudden influx) and unless that's fixed, I doubt P2E could ever be a challenge. Some that do pop off are great initially, but in the long term, you'd be earning peanuts from them. Though tbf I hardly doubt P2E would ever combat casinos for users, gamblers are just different. P2E doesn't work the same way as casinos. Instead, they're grindy, they require thinking, a strategy for each activity, and a major investment as well in most cases.

Yes, I agree to an extent that casino games are too limited compared to the number of possibilities other games have, but if you also look at it from another angle, even though a LOT of games have come out, these games are still famous among gamblers. Why? Because in the first place, the highest interest that they have in the activity is not the games but the attraction of earning more money with just luck or at least, the majority of it, in one single go.
hero member
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Every bear market the players in the P2E games will move away from it and play on roulettes, slots, and dice once again. It's a bigger challenge for new p2e projects to maintain profitability and if the P2E game couldn't bounce back to its popularity, it will die. The competition between casinos and other businesses in crypto like P2E is getting tougher, projects die especially if they didn't innovate including the casinos.

legendary
Activity: 3416
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Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
You are just assuming, gamblers will not go for Play to-earn platforms to replace casinos, the excitement that the gambler feels in casinos cannot be replaced by playing play to earn, I've been into both, play to earn takes too much time and you need strategy and earning is not good compared to gamblers, I don't know the percentage but gamblers will always prefer casinos the dopamine effect here is better than Play to earn platform the reward is also good if luck hits you.
full member
Activity: 2086
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Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
Play to earn games are not gambling though, because that is a sure profit while in gambling you will always depend on your luck.
I don't think this is a good comparison because they are both different, Roulette is a game of luck and we have this game since then.
If there's another surge for play to earn games then it can be good, you just need to consider how much you will invest with them and know your when is the ROI, again play to earn games is an investment while gambling is not.
legendary
Activity: 3542
Merit: 1352
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Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

Play to earn games is too grindy, and I don't think a lot of people will have the time to grind it out to get something off of the opportunities that they are getting. Casinos will never go out of business because they are offering fast and efficient entertainment to people who has the money that are looking to multiply it by gambling. Play to Earn remains to be a field that is a hit or miss, and most of the time it's a miss because not everyone has the time in the world to earn cents/a few dollars for hours on end.
hero member
Activity: 2996
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Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?
On its hype, Axie Infinity never posed a challenge in terms of revenues against the top casinos in the industry gamblers will always gamblers will not spend hours just to spend pennies on play to earn a platform like Axie, they want it with fast results and they can only find it in casinos

Quote
I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
I'm sorry to tell you that online casinos cannot be replaced by Play to earn, play to earn is skill-based and it will take a lot of time to earn here, whereas casino players are looking for profit and excitement in its simplified ways.
hero member
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Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
Play to earn is out of the league for casinos and what's more in are the esports games. Yes, they're also games but they're the competitive ones and not with the play to earn which is likely pay to win type of games.

But if a casino for these play to earn games will take places then that should be from the developers of those P2E themselves and not with the established ones because it's not really an idea thing or not yet accepted ATM.
hero member
Activity: 1344
Merit: 540
Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

It's always been a challenge for casino, but I don't see it taking over like the P2E that you are describing. It's good that we have alternatives like that, but there will be some time that this kind of games are going to be boring and so gamblers will have to find a way and so they will go back to the traditional games that offers more excitement like Roulette.

P2E might exist together with some casino games, but as I have said, I doubt that they will make a big push to challenge what we have been playing for many years, casino slots, dice and other card games.
hero member
Activity: 1666
Merit: 453
Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.

It's like I don't believe that Roulette is the reason why gambling is so alive. Because for me the casino via casino slots is alive and well, yes almost all casinos indeed have roulette but of course there are many options for gamblers to play so that gambling platforms have life.

So for me, not just one casino game can give color to every casino game in this crypto industry.
sr. member
Activity: 952
Merit: 275
Roulette games alikes will never go out of business for online casinos but I still believe that video games are a big challenge for casinos, now that we have play to earn games is big not even a bigger challenge for casinos?

I know that play to earn isn't perfected yet, too many flaws with the tokenomics and stuff but if a better solution comes there might be less interest for online casinos, the only games that will keep them alive is Roulette and the oldies.
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