NFT slot Machine !! | Bitcointalksearch.org

LUCKMCFLY

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Quote from: madnessteat on June 08, 2022, 08:13:31 AM

Personally, I see the prospect of using NFT in casinos in several ways:

1. NFTs allow for increased bonuses
2. NFT allows you to receive a portion of the casino income.
3. NFT allows you to play games not available to regular users
4. NFT allows you to play a certain number of games for free each week.
5. NFTs must be a strictly defined number, they must be won in the casino and traded on one of the known NFT-platforms

If casino NFTs have a few of these attributes then they will be in demand.

Well in that sense you are absolutely right, besides the NFT would be something different because in the same way it represents money and would partly help many players not to fall into an addiction problem, that this problem has been growing notably, however from the point of From a technology point of view, I would like to say that everything related to NFTs would be rescued, and many people have a bad perception, especially because of what happened in 2021 with a whole series of crypto game NFTs that robbed many investors.

Betwrong

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Quote from: madnessteat on June 08, 2022, 08:13:31 AM

Personally, I see the prospect of using NFT in casinos in several ways:

1. NFTs allow for increased bonuses
2. NFT allows you to receive a portion of the casino income.
3. NFT allows you to play games not available to regular users
4. NFT allows you to play a certain number of games for free each week.
5. NFTs must be a strictly defined number, they must be won in the casino and traded on one of the known NFT-platforms

If casino NFTs have a few of these attributes then they will be in demand.

Good point! What I like about this approach is that it would be not necessary for NFT itself to be valuable, to cost thousands USD in ETH on opensea. I mean, at first, of course, because later, if this gambling site is popular, and everything's working like you described, such an NFT will surely become valuable.

Smartprofit

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Quote from: madnessteat on June 08, 2022, 08:13:31 AM

Personally, I see the prospect of using NFT in casinos in several ways:

1. NFTs allow for increased bonuses
2. NFT allows you to receive a portion of the casino income.
3. NFT allows you to play games not available to regular users
4. NFT allows you to play a certain number of games for free each week.
5. NFTs must be a strictly defined number, they must be won in the casino and traded on one of the known NFT-platforms

If casino NFTs have a few of these attributes then they will be in demand.

Yes that's right!

NFT is a non-fungible token. In other words, it is a unique digital asset that gives a certain set of rights in a certain segment of the virtual world (in particular, in an online casino).

There are many options for additional player rights that the NFT can certify. For an online casino, own NFT is a great solution.

This is due to the fact that online casinos are not part of the real, but of the virtual (digital) world.

NFT only makes sense in the virtual world. It certifies "digital" rights.

jostorres

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Quote from: LUCKMCFLY on June 08, 2022, 12:44:13 AM

I think that what they are looking for is to access NFT technology because it has some advantages when it comes to investing in their NFTs when it comes from a company or project, I think that the ease for a project is that they can move their NFTs and generate volume With NFTs, it is very easy to bet on slots in any currency or even FIAT money, but as for NFTs it is different, it is the way you can get them to life, but according to the experience of some players it is not good at all, In my personal opinion, I don't see it as bad, if what some are looking for in slots is to have fun, it's not bad.

Yes, it is seems that their main priority here is nft but they only use the slot games as a secondary prospect to make this idea more successful. It looks like they are serious and research everything in regard to nft's and they figured out that many people still don't like it but many people like slot games. They think that combining the two would be a good idea and maybe this is the only way for the people to start liking nft's and know their true potentials. They will soon know that nft's is not just a useless jpeg image or a gif file but there's more to it.

Our opinion is more important. We shouldn't judge the project easily just because someone says it is not good. Every people has a different tastes.

madnessteat

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Personally, I see the prospect of using NFT in casinos in several ways:

1. NFTs allow for increased bonuses
2. NFT allows you to receive a portion of the casino income.
3. NFT allows you to play games not available to regular users
4. NFT allows you to play a certain number of games for free each week.
5. NFTs must be a strictly defined number, they must be won in the casino and traded on one of the known NFT-platforms

If casino NFTs have a few of these attributes then they will be in demand.

Wexnident

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Quote from: Maus0728 on June 01, 2022, 01:58:12 AM

In the article, it says the collection that's needed are Jungle Animal Collection and the OG Collection[1] which I think is associated from the casino itself.

Sure the concept is pretty new when it comes to slot machines, but the fact that other established casino have implemented the use of NFT's in exchange for varieties of rewards isn't new.

[1] https://mint.luckydegens.com/

Oh so it's like how rollbit uses their NFT, casino users have perks and whatnot depending on the NFT they own. Nothing new there indeed, I suppose I wanted them to have something else other than that. Especially since I think NFTs from the spins would probably be less effective or has fewer benefits than the minted ones (which is natural imo). Maybe make it as a consumable type instead? Though I guess idk, that defeats the idea of an NFT?

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Quote from: fiulpro on May 31, 2022, 01:40:08 PM

According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !

Quote

The OG Collection will launch on 24 June 2022, while the Jungle Animal Collection will follow with a July 2022 release planned. New Jungle Animal NFTs will then be released monthly up until January 2023.

Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.

I found this concept a bit different, they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.

https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine

It never clear to me what NFT slot machine is this, anyhow for me it sounds good to me in some other way. Like free slot for the holders
up to 50 times per day, what if out of 50 times the players win 25 times, is that convertible into a crypto or real money, just asking?
And you never give the exact website of this slot machine dude, or I just missed it only.

LUCKMCFLY

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Quote from: fiulpro on May 31, 2022, 01:40:08 PM

According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !

Quote

The OG Collection will launch on 24 June 2022, while the Jungle Animal Collection will follow with a July 2022 release planned. New Jungle Animal NFTs will then be released monthly up until January 2023.

Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.

I found this concept a bit different, they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.

https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine

I think that what they are looking for is to access NFT technology because it has some advantages when it comes to investing in their NFTs when it comes from a company or project, I think that the ease for a project is that they can move their NFTs and generate volume With NFTs, it is very easy to bet on slots in any currency or even FIAT money, but as for NFTs it is different, it is the way you can get them to life, but according to the experience of some players it is not good at all, In my personal opinion, I don't see it as bad, if what some are looking for in slots is to have fun, it's not bad.

Betwrong

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Quote from: Maus0728 on June 06, 2022, 06:43:04 AM

Quote from: Mauser on June 06, 2022, 05:50:50 AM

If the market will be flooded with tons of new animal NFTs that gamblers get for free the price for them will likely be 0.

It isn't free if gamblers have to spend a fuckton of their money simply to get an NFT. So, in a manner, the idea of having a chance to win an NFT as one of the casino's main rewards still combines the principles of supply and demand because they have some monetary value associated with them most especially that additional free spins will be given if you own one.

Right now it's not the best time to talk about the value of any crypto related asset, NFT included, but there's a good chance that this situation will change for better because it's not for the first time we find ourselves floating in the minimum range of that sine wave. Since it's a wave, we are inevitably going up after reaching some minimum turning point, and then many crypto assets, if not most of them, will regain their value, and there's a good chance of them being more valuable then ever at some point in the future. And an NFT that seems worthless today may bring a fortune for you one day. Especially ones made by already established creators.

Maus0728

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Quote from: Mauser on June 06, 2022, 05:50:50 AM

Or does it mean instead of being able to win big jackpots, we now only can win NFTs?

That's what they claim. From what I have understood, you can still randomly win either a big jackpot or an NFT from luckydegens NFT collections which I think is also associated with their casino.

Quote from: Mauser on June 06, 2022, 05:50:50 AM

If the market will be flooded with tons of new animal NFTs that gamblers get for free the price for them will likely be 0.

It isn't free if gamblers have to spend a fuckton of their money simply to get an NFT. So, in a manner, the idea of having a chance to win an NFT as one of the casino's main rewards still combines the principles of supply and demand because they have some monetary value associated with them most especially that additional free spins will be given if you own one.

Mauser

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I didn't fully understand how the new NFT slot machines are going to work. Does it mean once we play the minimum amount of games per day we receive a free NFT from the slot machine? So it's kind of a bonus for regular customers. Or does it mean instead of being able to win big jackpots, we now only can win NFTs? The idea seems interesting if its some limited time offerings to promote new slot games. The important thing is to not give out too many NFTs in my opinion. If the market will be flooded with tons of new animal NFTs that gamblers get for free the price for them will likely be 0. Why would anybody pay money for them if he can obtain them for free himself. The best way is to create some scarcity and don't offer them permanently. Only when they can't be obtained anymore the value should be rising. And for gamblers it only becomes attractive if there is some real value behind it.

tokeweed

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*Shill mode on* Cheesy

There are loot boxes in Rollbit that could win you one of those ape NFT's worth more than 100k USD. It's not exactly a slot machine but it's almost the same idea. And you mostly get your money back via RLB tokens that somewhat the same amount as the price of the loot box.

Check it out.

https://rollbit.com/nft/lootboxes/play

And there are lots of loot boxes to choose from with a range of prices.

fullhdpixel

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Quote from: Cling18 on June 02, 2022, 01:46:23 AM

Only those who are into NFTs would be interested in it because most gamblers here focus on crypto earnings. That's actually a breath of fresh air for some players It would only double the risk of gambling.

What about nft's? They can still bring you earnings right? It's refreshing to see something like this so this could attract gamblers and nft fan's. Don't worry about the risk as nft's investors and gamblers are already used to that. If this was a double risk then the return is also double if ever the idea is a success and also if they won in the gambling game's inside the platform.

Quote

but I don't think it could work in the long run since most NFTs aren't good for a long-term basis.

How they will know if they will not try it? That is the only way to tell. When did nft start again? Last year? But there must be nft's last year, that are still alive up until today and some of them have become stronger already. Nft's can survive for long term as long as the support of the community is solid.

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Quote from: Ulven on June 04, 2022, 12:02:17 PM

This is really cool, I can’t wait to see what happens with this. I think it’s a really cool idea to use NFT for gambling and I think that it will be very popular in the near future!!and I think that a reward would be necessary in order to pique the interest of potential gamblers.

The hype on NFT has significantly decreased but the gambling industry will still welcome this concept, the casino that generates this idea should have launched it when the NFT concept is still at its all-time high to sustain the interest, checking the article they are going to launch in June and July of this year.
I'm sure a thread about this casino whether from the official representative or one of us will be created to have a discussion of this new concept, have bookmarked the dates and we'll see how it will go.

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Quote from: Ulven on June 04, 2022, 12:02:17 PM

This is really cool, I can’t wait to see what happens with this. I think it’s a really cool idea to use NFT for gambling and I think that it will be very popular in the near future!!and I think that a reward would be necessary in order to pique the interest of potential gamblers.

I wonder if this is different from the online games I've seen perhaps the game maybe different this time because cheating is not allowed here although we can't be sure about that especially in online games. But the idea though is cool I just want to see how this thing goes in the long run. I don't like it to be hype up that would attract some cheater again but the developers better use some gameguard or defense mechanism to avoid the cheating or the cheater to spam the game.

agustina2

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Quote from: virasisog on June 04, 2022, 10:49:13 AM

Though the concept is interesting, I don't think big-time gamblers would prefer NFTs over the traditional prizes. Especially now that NFTs aren't in a good state because of the market situation. However, this innovation simply means that gambling could adopt anything that's on-trend but yes, owning or receiving NFTs nowadays isn't worth the risk because we all know that most NFTs these days failed and couldn't deal with the bearish market.

I agree with that. Not because there's a mentioned NFT on a certain gambling site, it doesn't mean it can catch right away those real gamblers' attention to try their site. Gamblers are not really focused on the new trends rather they will just continue to build their winning stats in gambling.

Gamblers will always stick to what they think will be profitable to them even how unique the concept that is applied on the gambling site. There are lots of non-sense NFT-related services or projects already and building the NFT hype on that new site or platform will take a long time before being recognized by others.

Ulven

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This is really cool, I can’t wait to see what happens with this. I think it’s a really cool idea to use NFT for gambling and I think that it will be very popular in the near future!!and I think that a reward would be necessary in order to pique the interest of potential gamblers.

Smartprofit

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Quote from: fiulpro on May 31, 2022, 01:40:08 PM

According to the source a crypto website have launched a new NFT which comes with free slots for the holders for UpTo 50 times per day and you can also own new NFT by playing that machine as well !

Quote

The OG Collection will launch on 24 June 2022, while the Jungle Animal Collection will follow with a July 2022 release planned. New Jungle Animal NFTs will then be released monthly up until January 2023.

Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.

I found this concept a bit different, they are trying to build the whole concept around Metaverse with adding the NFT concept as well, I think this is quite different and would like to know the thoughts regarding this, would you play? Would you own the NFT, it's good to see the casinos coming up with new ideas.

https://www.gamblinginsider.com/news/16589/crypto-casino-launches-first-nft-slot-machine

This is an amazing idea!

NFT is currently a very popular topic. Now many young people own NFT and are actively interested in this topic. As a result, a very interesting concept emerged — the idea of combining gambling and NFT.

This is how (combining different technologies) really interesting and viable projects are born. I would be very interested in trying to win new NFTs by gambling. It's very exciting!

I will follow the further development of this project.

virasisog

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Quote from: madnessteat on June 04, 2022, 10:19:52 AM

Judging by today's situation, the demand for NFT decreased significantly because of the fall of the stock market and then the cryptocurrency market, so do not expect that the received NFT will be worth something. NFT market is too illiquid that's why for NFT to have a real value it should bring a good profit for its holder. Otherwise it is nothing that will lose its value in a month.

Though the concept is interesting, I don't think big-time gamblers would prefer NFTs over the traditional prizes. Especially now that NFTs aren't in a good state because of the market situation. However, this innovation simply means that gambling could adopt anything that's on-trend but yes, owning or receiving NFTs nowadays isn't worth the risk because we all know that most NFTs these days failed and couldn't deal with the bearish market.

madnessteat

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Judging by today's situation, the demand for NFT decreased significantly because of the fall of the stock market and then the cryptocurrency market, so do not expect that the received NFT will be worth something. NFT market is too illiquid that's why for NFT to have a real value it should bring a good profit for its holder. Otherwise it is nothing which will lose its value in a month.

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