I have browsed the last pages of this thread. I noticed that all the discussions were about the token, its position in the market, and how the platform can support it. The project focus from diligent work on developing the platform to supporting the token in the market and interests in including it on more platforms.
This is definitely profitable for the platform, since it makes profits from the games it provides and from the value of the tokens that it owns a large amount of. But I think that the concept of the project has gone out of its framework, which is gambling and betting. Is there a real benefit from the token? I mean, in what can it be used as long as it is not the only currency supported by the platform?
I think the main benefits of utility tokens like this is the profit sharing of the casino. Owl token is currently have the benefits of dividend by buy back program and staking on the mining pool. Introducing new benefits is good for token holders but they have the sufficient token feature for a casino utility token that investors looking forward on investing in Owl tokens.
The casinos which have their native tokens like Owl, have the option to buy back the tokens or allow staking etc, thus giving more trust to the community and more chances of earning other than by gambling.
Since Owl is a web 3.0 casino, this is also a plus point for them as with the hype of Web 3.0, the owl token price can rise even further.
There are enough incentives for the owl token holders to keep investing and accumulate this token while it is cheap. I have recommended it to my friends too who were looking to have a safe investment in a coin which has a low marketcap.
Yes, without a doubt, that would be a very good option, it should also be remembered that in these times where there is so much uncertainty and where bitcoin is likely to fall in price, people are looking for security, and some are panicking and will sell a lot of BTC doing that the prices of altcoins go down and not to mention the tokens, however just as there are people who are dump style, there are also others who believe in technology and sites, also as it is a casino it has a little more reliability, because it is It is difficult to put money into investment and see that it goes down every time, although there are many who like to buy at each dip, but I really see the OWL tokens right now as a great opportunity.
I have been following up with the development of and processes of the owl token has been since early this year and as a holder of the coin in the early stage we have noticed how this token movement has been and as a matter of fact having witnessed this situation in two or three occasions so am sure of what is happening in the token exchange volume, if tho can check the volume tomorrow you will see the correct record of the trading volume. I don't know why the token network does that anyways bit am speaking from my experience with the token volume, so there is no cause for alarms.
I also did a check yesterday and the volume is also low as today, if this has happened before then this is a natural thing although for those who have just dived into knowing this token will think this is not a natural thing, actually only owl token developers can answer what really happened
Well this is a matter of injecting liquidity into the token, everything is in the hands of the team what they want to achieve, but obviously they really need to do more promotion, make everything related to the token more relevant, the very low volume is due to the little interest that there is for the token, it takes a lot of work, a lot of effort, whenever there is a token it has to be accompanied by a large community for it to be successful, otherwise it will be very difficult for it to rise, as e sun casino is much easier to do promotions, a casino that always runs promotions for its token is Betfury, they apply many marketing strategies, it would be good if they did something similar.