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Topic: NFT slot Machine !! - page 4. (Read 500 times)

legendary
Activity: 1904
Merit: 1563
June 01, 2022, 01:58:12 AM
#11
It's interesting enough but is the NFT included in any say, idk, usable towards something e.g. a community or metaverse of sorts for that specific casino?
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/
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
June 01, 2022, 01:51:47 AM
#10
This is not a fresh idea since it's gambling on metaverse but finally someone already manage to have working Casino inside the decentraland metaverse. Decentraland is so slow to load if the desktop is not equipped with good GPU and CPU. I managed to explore the casino and it has 10 free spin per day if you have time to visit it. The article of the OP didn't contain the official website and other details about the game so check below the details if you are interested.

Website: https://luckydegens.com/
Lucky Degen embassy Coordinates: (-57,-104) or simply access it using this link https://play.decentraland.org/?position=-57%2C-105
hero member
Activity: 2702
Merit: 672
I don't request loans~
June 01, 2022, 01:39:01 AM
#9
It's interesting enough but is the NFT included in any say, idk, usable towards something e.g. a community or metaverse of sorts for that specific casino? Or is it just something like say, a collectible of sorts? Either way, it's an interesting way to use or adopt NFTs for gambling (or slot machines specifically). But that's about it, it's only interesting, not something that would actually attract customers/users in the long term, especially if said NFT doesn't exactly do anything or can be used for anything other than being a collectible.
hero member
Activity: 3164
Merit: 937
June 01, 2022, 01:28:49 AM
#8
Quote
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 !

Free slots for the holders? What holders? Is the project owner seeking for investors? Those investors better be careful.
Anyway, the NFT industry is slowly dying and all the hype surrounding NFTs is going away. Most NFTs, which costed several hundreds or even several thousand dollars are going to cost 10-20 dollars in the near future. The market liquidity on the NFT markets is decreasing and selling your NFTs will get harder as time goes by. Good luck winning some nice NFTs and trying to sell them for actual cryptocurrencies.
I don't mind wasting my time playing on this NFT slots game(if there was a free option), but wouldn't bet any money on it. It's not worth it.

hero member
Activity: 1120
Merit: 887
Livecasino.io
June 01, 2022, 01:09:29 AM
#7
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.

This is quite innovative. NFT lovers can now take this to the metaverse. I look forward to seeing more NFT slot machines and casinos enter the metaverse.

Quote
Due to US gambling laws, Lucky Crypto and Lucky Degens are restricted for US residents.
Why the restriction for US residents. The last time I checked, online gambling is legal in some US states - Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, and West Virginia.

https://www.baltictimes.com/usa_online_gambling_laws___legal_states_in_usa_2022/
legendary
Activity: 3374
Merit: 1922
Shuffle.com
June 01, 2022, 01:04:32 AM
#6
It's not surprising to see slots handing out NFTs since I remember it was already done by another provider but they're using a well-known NFT as one of the many potential payouts from the game.

The benefits coming from their own NFT collection really made it more interesting, One thing I don't like is the airdrop of NFTs as that might easily kill the value of the other NFT due to the increasing monthly supply but the rest sounds great and promising though.
member
Activity: 173
Merit: 74
June 01, 2022, 01:02:48 AM
#5
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 !

This sounds a lot like a faucet but for NFTs. I don't find this very exciting. There was a bubble of NFTs that started to burst a few months ago, and realistically, 99% are going to have a value of 0 or very close to 0 in the next few years. Of course you can like win the lottery with NFTs, also by playing for free with slot machines, but it is practically impossible.

hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
June 01, 2022, 12:38:37 AM
#4
If so, there is a possibility that it will become a new trend in the gambling business to attract more gambling users. However, if the casino does not yet have a place to trade the NFT, I think the interest of gamblers to own the NFT will not be too great because they can only keep the NFT without being able to sell it for other profits. But I'm sure the casino can accommodate that and help gamblers who already have the NFT so that they can also get other benefits apart from gambling.
legendary
Activity: 3346
Merit: 3130
May 31, 2022, 04:31:31 PM
#3
I really like the concept, the fact that users can win NFTs on a slot machine is new for me, and for sure some of those NFTs have a nice value on the market.

The fact that we have to sell that NFT to make a profit from our bet makes me think how users will gamble more for the collectible than for money.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
May 31, 2022, 03:01:32 PM
#2
That is an interesting concept. I haven’t heard of this specific utility for an NFT before, but it seems great. I could see these being popular among members and casinos looking to reward their users with something special. Nice find. I can’t say I’ll be participating but it’s always nice to learn of a new use case.
hero member
Activity: 1890
Merit: 831
May 31, 2022, 01:40:08 PM
#1
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
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