Metaverse x Gambling - page 6. | Bitcointalksearch.org

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Quote from: harizen on September 11, 2021, 02:57:09 AM

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Let's take Axie Infinity as an example. Many people, even not crypto-oriented or familiar with anything about crypto try to enter game and forced themselves to learn because of the play-to-earn- feature.

The NFTs are attracting new users to the cryptocurrency market and if you are a group mod it is a really hard time to make them understand how to purchase and safe guard them. It is a hell of a job to even make them understand because they have no idea about the market. When it comes to gaming yes there are many who are avid gamer's who will try their luck in this market.

Quote from: harizen on September 11, 2021, 02:57:09 AM

The same will goes on Metaverse-based games that involve gambling features. Even a gambler is not familiar or having difficulty understanding the stuff about metaverse or NFTs, as long as they see more opportunities to earn here while doing gambling, they will do anything to learn it.

And no. It won't be a threat in the future for usual gambling because features are different.

It is not going to be a threat as the user demography is a bit different, who likes to collect art and does other gambling is different.

Peanutswar

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I think this kind of massive adaptation will benefits a lot of players another NFT game will arise and compete with other top rising, still this is a gambling game need to have skills to win the game but I guess not too hard to play gambling instead its an easy way and having a reward, does the multiverse means an outside world of futuristic ideas like alien gambling or a planet representative to fight with their world.

dothebeats

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Idk how else would it differ from other P2E schemes, but given that there are elements of poker embedded on it, I'm sure it will quickly gain a following and supporters. The NFT space is growing more and more every day, and with such projects like this, the growth would only accelerate. The problem is, at the end of the day, it's just poker, so it will be hard to persuade people to transfer over to metaverse just to satiate their gambling needs. Then again, the NFT space is looking more and more promising by the day, so I think there's already that for people who are still quite unsure if they should jump ship or not.

harizen

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Quote from: fortunecrypto on September 09, 2021, 02:04:50 AM

It depends on how the gamblers fully familiarize themselves with these new trends, gamblers love to play in a traditional setting online and offline, if this metaverse gambling is easy to understand, no complications and gamblers can easily relate or familiarize and profitable, they will easily get into it, we'll see next year if this metaverse gaming will take off and become a serious threat.

Let's take Axie Infinity as an example. Many people, even not crypto-oriented or familiar with anything about crypto try to enter game and forced themselves to learn because of the play-to-earn- feature.

The same will goes on Metaverse-based games that involve gambling features. Even a gambler is not familiar or having difficulty understanding the stuff about metaverse or NFTs, as long as they see more opportunities to earn here while doing gambling, they will do anything to learn it.

And no. It won't be a threat in the future for usual gambling because features are different.

Kong Hey Pakboy

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Quote from: Kittygalore on September 08, 2021, 08:58:47 PM

Pretty sure that we're going to see this from happening, there's still a lot of untapped potential in NFT and one of them is gambling, I don't think that we wouldn't see it becoming too big though as it's a gambling after all but to be honest, I think that we will probably see a lot of these gambling part of the NFT games and not as a stand alone.

The hype that's generated by NFT is both a good and bad thing because if you look at it, there's more people that's getting into crypto but at the same time, this people are also gullible so they're likely to get scammed as scammers are getting more rampant too.

molsewid

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Quote from: avikz on September 09, 2021, 06:32:44 AM

Well, metaverse based play to earn games are becoming quite common these days. As players can earn money through it, it is becoming popular as well. But frankly, I haven't yet seen a gambling aspect of it. It is mostly limited to the trading of digital assets through a marketplace. I am not sure how it can be incorporated in traditional gambling games like poker, Blackjack or Roulette. We are yet to see such implementation in reality. Do you know any gambling game created in Metaverse?

I am not really familiarize with Metaverse and I made a quick research about metaverse which I think this feature for crypto is quite attractive and interesting but I do realized that Metaverse seems quite similar to NFT. Like NFT it also has the same essence of giving people a complete ownership over a virtual character, accrued in game items and virtual land. Of course one of the most exciting feature that will make this Metaverse click will be the virtual casino feature or a gambling related feature which for sure a gambler would truly appreciated it.

Oasisman

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Quote from: rhomelmabini on September 09, 2021, 04:09:36 AM

Quote from: fortunecrypto on September 09, 2021, 02:04:50 AM

It depends on how the gamblers fully familiarize themselves with these new trends, gamblers love to play in a traditional setting online and offline, if this metaverse gambling is easy to understand, no complications and gamblers can easily relate or familiarize and profitable, they will easily get into it, we'll see next year if this metaverse gaming will take off and become a serious threat.

Sometimes that's the huge hindrance as well for people that are new to crypto, they are getting into culture shock of things and they feel it isn't that easy. People tend to go onto the simplest things like once click and then play, spend or receive and other things but so far this isn't that we expect especially those who aren't into technologies.

True, If a person sole purpose is to have a gambling activities in the comfort of his own, he's not gonna make himself complicated thinking about how to navigate a "metaverse" gambling games. It's inevitable for them not to think that navigating the whole game will be difficult and will only waste their time when they can actually play the traditional online poker.
Well, of course game devs will surely Instill some features that will catch the interest of both pure gamers and pure gamblers.

suzanne5223

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Quote from: boyptc on September 06, 2021, 01:32:07 PM

Quote from: suzanne5223 on September 05, 2021, 04:46:15 PM

Quote from: boyptc on September 05, 2021, 03:55:07 AM

Quote from: suzanne5223 on September 03, 2021, 04:56:38 PM

If the gaming industries manage the movement very well a lot of game enthusiasts and gamblers may join the movement.

There's also a massive adoption that's happening with NFT games, the next would be addition of those tokens for gambling and this new metaverse poker, it would possibly click if it's easy to play and investment needed isn't a lot.

Base on what I learn so far about some gaming projects that also integrated NFT and "play to earn".
Most of them are not gambling sites, they are just normal video game sites that allow game enthusiasts to enjoy what they like and get passive income while they do it but it is too early to know what will happen to gamble integration though NFTs is making wave in the market and the last time I check gambling enthusiast like to play on the platform they trusted.

In the meantime, let's wait and see how it goes.

Gamblers will come in.

Just like with NFT P2E, gamers came in.

So if there's a feature that's dedicated for the gamblers then for sure gamblers will like to have that NFT gaming that's more focused in gambling.

Gamblers may join in but you can't speak for every gambler and for the play to earn project. How many experienced gamblers of this forum participated in one? They will the heart of some gamblers but not true gambling enthusiast which only trusted in top 20 coin on CMC and long existing reputable gambling site.

Quote from: Silberman on September 08, 2021, 02:50:29 PM

Quote from: suzanne5223 on September 05, 2021, 04:46:15 PM

Base on what I learn so far about some gaming projects that also integrated NFT and "play to earn".
Most of them are not gambling sites, they are just normal video game sites that allow game enthusiasts to enjoy what they like and get passive income while they do it but it is too early to know what will happen to gamble integration though NFTs is making wave in the market and the last time I check gambling enthusiast like to play on the platform they trusted.

In the meantime, let's wait and see how it goes.

But is not that the very definition of gambling? Gamblers use some money that they can spare to lose and then they begin to play a series of games with the hope of eventually becoming a winner, is it not this the very same thing that is happening with those NFT games? Because I think it is, and it would be interesting to see if this becomes popular long term and other casinos need to create those kind of games to try to keep their customers from moving to those platforms.

Yes, it is almost the same definition of gambling but the difference is that this project owner also introduced their crypto which its promising future is not guaranteed and this increases the risk involved in this new gambling with NFT innovation.

avikz

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Quote from: rhomelmabini on September 02, 2021, 01:13:31 AM

Who else thinks that these kind of thing may hit mainstream sooner or later? I don't know if this is something new but seen a news from Decentral Games that they are launching a play-to-earn Metaverse poker. Others predict next to NFTs boom that it could the the Metaverse hype. Any thoughts?

Quote

Over time, we believe several projects will attempt to deliver play-to-earn architectures. However, due to the state of Decentral Games’ current product and community, DG is in a lucrative position to take advantage of this new wave in gaming with a first-mover advantage. We’ve already built metaverse poker, blackjack, roulette, backgammon, and slots, which are games enjoyed daily by our community through memorable events like live music performances, casino night competitions, poker tournaments, and more.

https://decentral.games/blog/decentral-games-announces-play-to-earn-metaverse-poker-ice-token-rollout

Well, metaverse based play to earn games are becoming quite common these days. As players can earn money through it, it is becoming popular as well. But frankly, I haven't yet seen a gambling aspect of it. It is mostly limited to the trading of digital assets through a marketplace. I am not sure how it can be incorporated in traditional gambling games like poker, Blackjack or Roulette. We are yet to see such implementation in reality. Do you know any gambling game created in Metaverse?

rhomelmabini

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Quote from: fortunecrypto on September 09, 2021, 02:04:50 AM

It depends on how the gamblers fully familiarize themselves with these new trends, gamblers love to play in a traditional setting online and offline, if this metaverse gambling is easy to understand, no complications and gamblers can easily relate or familiarize and profitable, they will easily get into it, we'll see next year if this metaverse gaming will take off and become a serious threat.

Sometimes that's the huge hindrance as well for people that are new to crypto, they are getting into culture shock of things and they feel it isn't that easy. People tend to go onto the simplest things like once click and then play, spend or receive and other things but so far this isn't that we expect especially those who aren't into technologies.

fortunecrypto

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Quote from: hello_good_sir on September 09, 2021, 12:01:24 AM

I completely agree.

This is the problem with these new technologies that have just entered the space.

It's clear that they have a lot of potential and can completely change the landscape of the gambling industry, but no one knows exactly how or when. Right now the long term outlook for these things is still quite uncertain I think, but I do think that metaverses have the potential to disrupt and casinos who innovate first will reap the rewards.

It depends on how the gamblers fully familiarize themselves with these new trends, gamblers love to play in a traditional setting online and offline, if this metaverse gambling is easy to understand, no complications and gamblers can easily relate or familiarize and profitable, they will easily get into it, we'll see next year if this metaverse gaming will take off and become a serious threat.

uneng

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Quote from: hello_good_sir on September 09, 2021, 12:01:24 AM

Quote from: yazher on September 07, 2021, 09:00:27 PM

Quote from: hello_good_sir on September 07, 2021, 07:28:28 PM

Yeah, I see plenty of gamblers trying out NFT games because it's currently fresh.

But I'm not sure about the long term prospects after this initial phase of "freshness".

People will still likely prefer to play the traditional games, and those who prefer NFT games will simply be in another category altogether. I doubt there will be a significant overlap between the two groups.

The long term is in jeopardy because the current NFT games that have the fastest ROI are having some huge problems after few weeks of starting the game. Because their rewards are always drained and the players are multiplying this is one of the problems that they've been facing right now especially those games that focus on play to earn without having daily quests or any activities to make their players have some fun without focusing on the earning features. As soon as they run out of rewards, they close the earning features like what we see right now on Cryptoblade. No one really knows if they come back again.

I completely agree.

This is the problem with these new technologies that have just entered the space.

It's clear that they have a lot of potential and can completely change the landscape of the gambling industry, but no one knows exactly how or when. Right now the long term outlook for these things is still quite uncertain I think, but I do think that metaverses have the potential to disrupt and casinos who innovate first will reap the rewards.

I think Cryptoblades isn't measurer for anything. That "game" was a ponzi since the beginning. It was just a browser website artificially inflated in a very short time period without any real gameplay or action. Furthermore there was no logical way to explain how that project could be so successful. It can't be compared to real mmorpgs or casino games.

Regards the mentioned metaverse from Decentral Games it's totally different, because there are actually casinos games which people will play and earn tokens. Those who want to cashout their free earnings will have this option, while those who want to keep playing will have the possibility of doing that as well. It looks a good concept for me that will unite gamblers, micro earners and investors (staking will be also disponible) in a single place.

hello_good_sir

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Quote from: yazher on September 07, 2021, 09:00:27 PM

Quote from: hello_good_sir on September 07, 2021, 07:28:28 PM

Yeah, I see plenty of gamblers trying out NFT games because it's currently fresh.

But I'm not sure about the long term prospects after this initial phase of "freshness".

People will still likely prefer to play the traditional games, and those who prefer NFT games will simply be in another category altogether. I doubt there will be a significant overlap between the two groups.

The long term is in jeopardy because the current NFT games that have the fastest ROI are having some huge problems after few weeks of starting the game. Because their rewards are always drained and the players are multiplying this is one of the problems that they've been facing right now especially those games that focus on play to earn without having daily quests or any activities to make their players have some fun without focusing on the earning features. As soon as they run out of rewards, they close the earning features like what we see right now on Cryptoblade. No one really knows if they come back again.

I completely agree.

This is the problem with these new technologies that have just entered the space.

It's clear that they have a lot of potential and can completely change the landscape of the gambling industry, but no one knows exactly how or when. Right now the long term outlook for these things is still quite uncertain I think, but I do think that metaverses have the potential to disrupt and casinos who innovate first will reap the rewards.

Kittygalore

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Pretty sure that we're going to see this from happening, there's still a lot of untapped potential in NFT and one of them is gambling, I don't think that we wouldn't see it becoming too big though as it's a gambling after all but to be honest, I think that we will probably see a lot of these gambling part of the NFT games and not as a stand alone.

sikke

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Quote from: rhomelmabini on September 02, 2021, 01:13:31 AM

Who else thinks that these kind of thing may hit mainstream sooner or later? I don't know if this is something new but seen a news from Decentral Games that they are launching a play-to-earn Metaverse poker. Others predict next to NFTs boom that it could the the Metaverse hype. Any thoughts?

We have come a long way already from the initial gambling metaverses already. Dragon's Tale I still remember being one of the first ones.

I think that this trajectory is not going to slow in any stage in the future. The adoption of crypto as well as the enthusiasm around NFT based games and games of chance in general combine to give a very interesting dynamic going forward.

Even though a lot of the current projects likely won't survive, we may see some established sportsbooks/gambling sites transition to establishing their own metaverses on the blockchain very soon.

Obito

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This is a good way to make an NFT or blockchain game, make the tokens a deserved reward for those who win with poker. But I think that this will definitely be monopolized by really good poker players since it's already obvious what's going to happen next. I think there's no problem with this one and I do welcome this kind of stuff from happening.

Silberman

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Quote from: suzanne5223 on September 05, 2021, 04:46:15 PM

Quote from: boyptc on September 05, 2021, 03:55:07 AM

Quote from: suzanne5223 on September 03, 2021, 04:56:38 PM

If the gaming industries manage the movement very well a lot of game enthusiasts and gamblers may join the movement.

There's also a massive adoption that's happening with NFT games, the next would be addition of those tokens for gambling and this new metaverse poker, it would possibly click if it's easy to play and investment needed isn't a lot.

Base on what I learn so far about some gaming projects that also integrated NFT and "play to earn".
Most of them are not gambling sites, they are just normal video game sites that allow game enthusiasts to enjoy what they like and get passive income while they do it but it is too early to know what will happen to gamble integration though NFTs is making wave in the market and the last time I check gambling enthusiast like to play on the platform they trusted.

In the meantime, let's wait and see how it goes.

But is not that the very definition of gambling? Gamblers use some money that they can spare to lose and then they begin to play a series of games with the hope of eventually becoming a winner, is it not this the very same thing that is happening with those NFT games? Because I think it is, and it would be interesting to see if this becomes popular long term and other casinos need to create those kind of games to try to keep their customers from moving to those platforms.

bbc.reporter

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I reckon this certainly opens the cryptospace to a new domain for money laundering, taxation avoidance and other regulatory issues where any law and policy will be very difficult to impose. NFT is art and the world’s art market is unregulated. The developers might have found another area for disruption hehehe.

yazher

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Quote from: hello_good_sir on September 07, 2021, 07:28:28 PM

Yeah, I see plenty of gamblers trying out NFT games because it's currently fresh.

But I'm not sure about the long term prospects after this initial phase of "freshness".

People will still likely prefer to play the traditional games, and those who prefer NFT games will simply be in another category altogether. I doubt there will be a significant overlap between the two groups.

The long term is in jeopardy because the current NFT games that have the fastest ROI are having some huge problems after few weeks of starting the game. Because their rewards are always drained and the players are multiplying this is one of the problems that they've been facing right now especially those games that focus on play to earn without having daily quests or any activities to make their players have some fun without focusing on the earning features. As soon as they run out of rewards, they close the earning features like what we see right now on Cryptoblade. No one really knows if they come back again.

hello_good_sir

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Quote from: finaleshot2016 on September 06, 2021, 02:22:32 PM

I don't think it's particularly unique in comparison to the popular P2Es of today, because most of them have difficult mechanics and have undergone significant development. But I believe this will be popular; gamblers will try it out because NFT games are very popular right now, and the majority of them are successful and this is a meta breaker, could find some interesting mechanics or gameplay here.

Yeah, I see plenty of gamblers trying out NFT games because it's currently fresh.

But I'm not sure about the long term prospects after this initial phase of "freshness".

People will still likely prefer to play the traditional games, and those who prefer NFT games will simply be in another category altogether. I doubt there will be a significant overlap between the two groups.

Topic: Metaverse x Gambling - page 6. (Read 1140 times)