How do you think about this? Did you start playing blockchain games at home because of isolation?
If you have nothing else to do and a lot of spare time and if you are bored watching movies then majority of them will spend their time gambling, but not sure what is blockchain games but i started virtual sports betting in the past few months as there was literally nothing to do and the fun part is that majority of the time the underdog wins and most of them can relate to that as you cannot sit idle inside your house for long .
Topic: Record Revenue for Blockchain Gaming Company During Pandemic - page 2. (Read 745 times)
Most of the people here are bored in their houses when the lockdown are so tight and they are thinking a way of earning money while enjoying themselves and I guess if they just knew this they might take this on.
I would like to know how much they raise during pre-COVID and versus last year. Because if it doubles their revenue, that is a good part to them but for sure, it wasn't that much.
Now, as we face the crisis, tend to see how businesses dried up and suffered declining sentiment and that much more for the gaming company since people need to follow health protocols implemented by the government. The devastating effect of COVID-19 causes a lot of changes and the sad part is that, we can't easily get back to normal rather than adopting the propose new normal.
Now, as we face the crisis, tend to see how businesses dried up and suffered declining sentiment and that much more for the gaming company since people need to follow health protocols implemented by the government. The devastating effect of COVID-19 causes a lot of changes and the sad part is that, we can't easily get back to normal rather than adopting the propose new normal.
First of all, I have to say that this is an edge case. Surely good for them and nice to have the word for crypto out. But It's rare for a company to succeed during the pandemic and the one in question was blessed with an extremely lucrative deal. Otherwise it's likely that it could have seen losses like everyone else.
Also worth noting that their recent success doesn't really have to do much with their crypto aspects. So it's not entirely correct to bring up both aspects of the company and try to play it as the success could be attributed to them using crypto. It was just a coincidence that they happened to have been using cryptocurrency relate technologies when they got a good deal.
Also worth noting that their recent success doesn't really have to do much with their crypto aspects. So it's not entirely correct to bring up both aspects of the company and try to play it as the success could be attributed to them using crypto. It was just a coincidence that they happened to have been using cryptocurrency relate technologies when they got a good deal.
Apparently, it is not surprising as we've know that we're currently at home lockdown looking for something to spend the new normal day of our life. That said, gamers have more time to play anytime they want at all and in general there a lot of people now circulating in using internet, which online operators benefits it most.
That also means once the situation becomes normal the casinos might face a huge deficit as people will start moving back to the physical casinos which are closed or paused in current situation.This is like a transition basically where sometimes online casinos face a deficit and the real casinos will gain advantage, like an online casino scams then the benefit goes to physical casino while a pandemic like now brings huge advantage to online casinos. I like the million profit profits they are gaining no but they should know that these are going to drop drastically once the real life casinos start operating again.
During the lockdown as there is no other way to gamble or bet so online had to picked up the momentum and it has happened that way.
Yes that has contributed in general but I believe the crypto casino industry was always going to bloom soon because the provably fair system only exists in these casinos and almost all the games can be verified which earlier players had to trust the casinos, I mean I gambled a lot on bet365 and there games are cool but I always felt like some slots were rigged. Not accusing them just my own feelings.
More so ever there would be huge amount of increase in the teenage category too who would have started gambling online during this period as a source of entertainment. And if they get addicted it will be a very big thing for the gambling sites.
Yes, the numbers are only going higher with time because someone who once gets into these casinos is not going back to traditional ones and new gamblers are adding every day.
I am not surprised. Even more and more people know what is bitcoin and have already heard about blockchain technology.
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
Yes and casinos like stake are growing with a decent speed as I saw they gave away like $121,027 in weekly bonus and imagine if a casino is giving out such a hefty amount per week to it's gamblers combined then how much the casino must be making of their own and what level of wagering must be going on there. Same goes for primedice and they also give out bi-weekly bonuses I think, although I only play at stake not used PD for sometime now so don't know what is going on there now days.During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
I feel like these numbers are going to only go higher with coming time and situation like covid-19 are only fueling these because everyone wants to gamble online now days rather than going in a real casino.
Maybe this is the bew normal, post covid 19 also the condition of the people who uses online platform may remain the same because psychologically people willl set into something if they are practicing it for a while so online gambling industry is going to get much more customers.
Not maybe, but obviously it is now the "new normal" we're doing for the past months during the coronavirus pandemic. Online industry now is the the top growing economy because of the COVID-19 effect. Moreover, as I've said it is not surprising to see like that during pandemic, what's more surprising is all the company that forced closed by the government and file a case of bankruptcy because of no revenue.
Apparently, it is not surprising as we've know that we're currently at home lockdown looking for something to spend the new normal day of our life. That said, gamers have more time to play anytime they want at all and in general there a lot of people now circulating in using internet, which online operators benefits it most.
Maybe this is the bew normal, post covid 19 also the condition of the people who uses online platform may remain the same because psychologically people willl set into something if they are practicing it for a while so online gambling industry is going to get much more customers. During the lockdown as there is no other way to gamble or bet so online had to picked up the momentum and it has happened that way. I guess for next few months we will see more, or it till the time there is no proper stability or vaccine reaches would continue this way itself. More so ever there would be huge amount of increase in the teenage category too who would have started gambling online during this period as a source of entertainment. And if they get addicted it will be a very big thing for the gambling sites.
It's the most convenient way if you really want to gamble or play since it's safer to bet online than going outside and risking your lives. It's really a big opportunity for this industry to attract the public because almost everyone is spending their quarantine time on the internet.
There's no doubt that even teenagers/young adults can get hooked by online gaming since they are bored staying inside their houses. But if they addicted to it, it's their own responsibility since the gaming company wouldn't care about it as long as they are earning.
Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown.
Animoca Brands, the firm behind blockchain-powered games The Sandbox, F1 Delta Time, and Crazy Defense Heroes, has reported unaudited revenue for the first four months of 2020 of $7.34 million amid the COVID-19 pandemic.
The first quarter was Animoca Brands’ strongest on record with $4.33 million in revenue, followed by a record month with $3 million during April.
Animoca Brands held $6.08 million in fiat and crypto assets at the end of April. Roughly $770,000 of the company’s holdings comprised Bitcoin (BTC) and Ether (ETH), alongside $1.12 million in various altcoins.
Animoca attributed the increase in its crypto holdings to successful sales involving non-fungible tokens (NFTs) for its titles The Sandbox, F1 Delta Time, and Crazy Defense Heroes.
The experts think that the coronavirus lockdown has fostered a “change in behavior” among many new and ‘born-again’ gamers that will last into the longer-term — with gaming becoming a cornerstone of their entertainment-seeking rituals.
How do you think about this? Did you start playing blockchain games at home because of isolation?
This is not surprising at all, while many industries have been hit hard by the pandemic there are many other industries that are going through a growth on their profits and this is true for the gaming industry, even people that have never played video games before and may have even mocked those that enjoyed the activity are now seeing that video games are no so bad after all.Animoca Brands, the firm behind blockchain-powered games The Sandbox, F1 Delta Time, and Crazy Defense Heroes, has reported unaudited revenue for the first four months of 2020 of $7.34 million amid the COVID-19 pandemic.
The first quarter was Animoca Brands’ strongest on record with $4.33 million in revenue, followed by a record month with $3 million during April.
Animoca Brands held $6.08 million in fiat and crypto assets at the end of April. Roughly $770,000 of the company’s holdings comprised Bitcoin (BTC) and Ether (ETH), alongside $1.12 million in various altcoins.
Animoca attributed the increase in its crypto holdings to successful sales involving non-fungible tokens (NFTs) for its titles The Sandbox, F1 Delta Time, and Crazy Defense Heroes.
The experts think that the coronavirus lockdown has fostered a “change in behavior” among many new and ‘born-again’ gamers that will last into the longer-term — with gaming becoming a cornerstone of their entertainment-seeking rituals.
How do you think about this? Did you start playing blockchain games at home because of isolation?
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They allow you to entertain yourself on the safety of your own home without the risk of infection and that is definitely a plus during this pandemic.
Apparently, it is not surprising as we've know that we're currently at home lockdown looking for something to spend the new normal day of our life. That said, gamers have more time to play anytime they want at all and in general there a lot of people now circulating in using internet, which online operators benefits it most.
Animoca Brands, the firm behind noted NFT-powered games The Sandbox and F1 Delta Time, has reported record revenue amid the COVID-19 lockdown.
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First of all, I strongly recommend to quote the copied text from the CoinTelegraph article or you likely get banned (if not yet happened) for plagarism.
Secondly, to take up the subject, it is the figures of only one crypto gambling provider. I would not transfer the good figures of one provider to all blockchain gambling providers, because it could also be individual factors (besides COVID-19) that provided the boost. But in general, it should come as no surprise that such providers benefit from the situation. Millions of people are at home bored. Many of them (as in the USA) even receive extra high unemployment benefits, which many have invested in the stock market or in gambling. The question will be whether the good figures will remain after the lockdown period ended.
It would surely change because majority of those people will surely comeback into physical places but im not saying that all would comeback unless if there would be quite number of gamblers would decide
to stick on doing online even if this pandemic is over.
You are right that numbers will vary on individual basis because we cant really give generalization just because we have seen it on a single or few do increase its traffic and revenue due to pandemic.
It is true that this situation did really fire up online gambling industry because people are prohibited to go outside and its just normal to think off that they would surely play via online.
When it comes to players then we do know that there are really indeed difference when it comes to demand neither offline or online and its not really that much serious to talk about revenue or how many people do play on each field but one things for sure that they do have their own players that do prefer to play in the place on where they are suited in.
No matter which two it doesnt matter because sooner or later people will just switch on to those places on where they've been hanging out since from the start.If they do find out that online gambling is interesting then
they might stay but if not then they will surely go back as simple as that.
During the lockdown as there is no other way to gamble or bet so online had to picked up the momentum and it has happened that way. I guess for next few months we will see more, or it till the time there is no proper stability or vaccine reaches would continue this way itself. More so ever there would be huge amount of increase in the teenage category too who would have started gambling online during this period as a source of entertainment. And if they get addicted it will be a very big thing for the gambling sites.
I am okay with people advertising but I wonder who the marketing executives at this Sandbox company who thought it was a good idea to boast that they were doing well when the pandemic is generally bad news for most people. A lot of us lost our jobs and income,,, and I know a lot of people affected even worse than my family. Not such a good win for the guys at the article.
That's just how the world works there are two sides of the coin, the unfortunates and the successful. Im sure the people who wrote this needed also some money, it's true for all other content writers in this pandemic crisis and by getting those revenue in some way the company is also helping the government through tax benefiting the economy. Im just being neutral here, im looking at different perspectives nothing personal.
I am not surprised. Even more and more people know what is bitcoin and have already heard about blockchain technology.
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
True! Online gambling operators are seeing a surge in volume due to the Covid induced lockdown! If you have noticed, bitcointalk also seeing a surge in online crypto related casino advertising. Many new signature campaigns have opened up at the same time. That's really a good news for the crypto market and regular gamblers because now they don't have to go out to get some adrenaline rush! All can be enjoyed at home using cryptocurrency.
It's not all about trying to multiply their assets since there are others who just bored and seeking for something time eater to ease their selves but maybe their are others who do that but I there are few of them playing these days, And I really feel that there are no people willing to take a risk on something unsure.
There's a lot of people in their homes that aren't really receiving much entertainment and are clinging on gambling as a part of their routine to not feel the boredom. Crypto gambling is accessible and easy to get a hold of, so it's no surprise that they are posting those numbers up on their revenues. Also, similar gambling platforms saw a surge in the number of visitors and players ever since quarantine protocols were put in place all over the world, so it's not just them who's having a fun time operating a gambling platform.
I am not surprised. Even more and more people know what is bitcoin and have already heard about blockchain technology.
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
True! Online gambling operators are seeing a surge in volume due to the Covid induced lockdown! If you have noticed, bitcointalk also seeing a surge in online crypto related casino advertising. Many new signature campaigns have opened up at the same time. That's really a good news for the crypto market and regular gamblers because now they don't have to go out to get some adrenaline rush! All can be enjoyed at home using cryptocurrency.
I am not surprised. Even more and more people know what is bitcoin and have already heard about blockchain technology.
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
True! Online gambling operators are seeing a surge in volume due to the Covid induced lockdown! If you have noticed, bitcointalk also seeing a surge in online crypto related casino advertising. Many new signature campaigns have opened up at the same time. That's really a good news for the crypto market and regular gamblers because now they don't have to go out to get some adrenaline rush! All can be enjoyed at home using cryptocurrency.
Yes it is good news for us because if many new gambling players use crypto it will help a lot to the crypto to rise the value of the coins.
I am not surprised. Even more and more people know what is bitcoin and have already heard about blockchain technology.
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
During lockdown a lot of people have played a lot in online casinos just to spend some funny time
However I guess that this is just a drop in the ocean. More and more gamers will be part of this revolution, it's just matter of time
True! Online gambling operators are seeing a surge in volume due to the Covid induced lockdown! If you have noticed, bitcointalk also seeing a surge in online crypto related casino advertising. Many new signature campaigns have opened up at the same time. That's really a good news for the crypto market and regular gamblers because now they don't have to go out to get some adrenaline rush! All can be enjoyed at home using cryptocurrency.
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