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Topic: Record Revenue for Blockchain Gaming Company During Pandemic - page 4. (Read 745 times)

legendary
Activity: 3248
Merit: 1179
snip

The company will say that the brand and their products have an impact but I prefer to believe what the experts are saying that our current situation is a big factor, in making the success of their products, people are lockdown in their homes, they explored everything online especially gaming and gambling where they forget their anxiety and boredom.

That's true, people will do everything to forget anxiety caused by this pandemic! For some people its gambling and gaming, but I am sure that people are interested in other online activities too. Of course that every brand will push their own product and tell all the best thing about it, I think it's what we have here. And it's what we like to hear, positive things about what we like to do, and how others are joining. Like some other people I believe this is just a temporary spike, when things go back to normal many people will return to their daily activities. What's important here is the people who decided to learn about crypto and to try some crypto stuff, gambling or anything else. People expect crypto gambling boom, I think we will not see that, we are growing slowly and steady and that will be like that in the future. Occasional spikes will happen, but it will be temporary.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
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?

Quote

The company will say that the brand and their products have an impact but I prefer to believe what the experts are saying that our current situation is a big factor, in making the success of their products, people are lockdown in their homes, they explored everything online especially gaming and gambling where they forget their anxiety and boredom.
sr. member
Activity: 2380
Merit: 366
No, I am using cryptocurrency in gambling but I am not into blockchain gaming. Those are two different things. The games which I play such as dice or sports betting are accepting cryptocurrency but are not implementing their provably fair games on a blockchain. In fact I cannot remember of a particular gambling game I played which is built on blockchain.
hero member
Activity: 2968
Merit: 687
Its still not that huge though. For the first 4 months since the start of covid19 lockdown is just $7.34M but at least it's growing. They should have mentioned how much revenue is recorded before the lockdown so we can also see how much growth.

Everything we do this lockdown is online including gambling. It wouldn't be surprising about the revenue growth amidst the lockdown because people will just look for entertainment.


   I agree with you Target, we should see the numbers from before, it would be a complete research, and we would see the
growth in numbers! You are right about rising interest in everything online, and in crypto-currencies too. People was locked
and home, and they didn't have much to do except to explore the internet.

Theres no other way but to go online but to know that establishments is gradually opening their doors back then we do saw that numbers would be somewhat be divided once again because once a physical place gambler would always be a physical place gambler in the end of the line.

We do saw significant changes in numbers or statistics of people who do deal with online gambling due to the current situation which is normal but knowing the actual numbers will really be impossible.

We can differentiate but theres no point on doing it because it is already understandable because demand will depend on the situation we are in.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
Its still not that huge though. For the first 4 months since the start of covid19 lockdown is just $7.34M but at least it's growing. They should have mentioned how much revenue is recorded before the lockdown so we can also see how much growth.

Everything we do this lockdown is online including gambling. It wouldn't be surprising about the revenue growth amidst the lockdown because people will just look for entertainment.


   I agree with you Target, we should see the numbers from before, it would be a complete research, and we would see the
growth in numbers! You are right about rising interest in everything online, and in crypto-currencies too. People was locked
and home, and they didn't have much to do except to explore the internet.
legendary
Activity: 2282
Merit: 1041
Its still not that huge though. For the first 4 months since the start of covid19 lockdown is just $7.34M but at least it's growing. They should have mentioned how much revenue is recorded before the lockdown so we can also see how much growth.

Everything we do this lockdown is online including gambling. It wouldn't be surprising about the revenue growth amidst the lockdown because people will just look for entertainment.
sr. member
Activity: 952
Merit: 274
I think it is expected to see that the revenue of blockchain gaming companies and also online gambling industry are increased too high. Most of the people during lockdown are bored so for sure to kill their boredness they are opening account in some online gambling website and also playing different blockchain games. The online gambling industry is now making a name and there are a lot of traditional gamblers are now interested to it. If you will research about online gambling industry, it is now the trending industry and that is the reason why many investors want to open some gambling website.
hero member
Activity: 2926
Merit: 567


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?

Quote

Lock down has been the best time to introduce new gaming and gambling sites because people are at home glued on their TV and their laptop cellphone and desktop to keep up with the latest craze news and happenings, and with the time frame before the cure expect more surge in gaming and gambling sites, they are taking this one in a chance opportunity.
member
Activity: 518
Merit: 23
★Bitvest.io★ Play Plinko or Invest!


How do you think about this? Did you start playing blockchain games at home because of isolation?

Quote

This will surely still gain more popularity because of the pandemic that is occurring around the world. It is true that some countries already defeated the pandemic BUT what about those countries that really need their own incomes. It will surely invite them to play Blockchain Games once they start learning about it. Blockchain games are fine to play since you can use your self earned money in the Cyrpto Industry and use that as a capital to start playing.
legendary
Activity: 3080
Merit: 1500
Interesting.
Does the company own its own Blockchain or is just built on a multi-purpose, VM like Blockchain? 

Quote
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.
I wonder what kind of sale that^ is...

And what they mean by "born-again" gamers

It seems they are not a gambling gaming operator. Their games look more like MMORPG games to me. You can definitely buy and sell things using cryptocurrency but there is no gambling aspect attached to it. It's just that, the games are built on ETH blockchains as mentioned in their website.

Not realted to gambling at all!
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
And this pandemic would not ease so easily forcing people to get used to living and enjoying the life online. Blockchain gaming are not just fun, they can provide fairness and predictable results than other real gaming platforms and provide a sense of safety and easiness to the users. Gaming online unlike a real casino is much more soothing and though it may lack social factor to a large extent, introverts are going to enjoy it much well.
hero member
Activity: 1218
Merit: 557
Those numbers are big, and this also means that people at home want to play the games and gamble as well. Those revenue in April itself proves how big this market of online gaming is and then this could be the future of having blockchain gaming. Pandemic has made this online industry flourish and seems till this year end they would be having the new records set every quarter.
full member
Activity: 1750
Merit: 118
thought this is all about gambling games again but nah  .  never heard of the company and its games but i knew some blockchain based games before . i played few of them but i never came back till now , now im only playing basic games if not crypto gambling   .  playing games is surely the thing that people are doing now because they are restricted to roam outside . not just a simple game but blockchain based game  ,  maybe this is the future of gaming industry if the demand continues  .  its a good thing and hope they develop more good games for me to try again
full member
Activity: 1190
Merit: 117
Corona virus does have a bad effect globally, but on the other hand Corona virus make benefits to several parties. One of them is
the gaming blockchain company increases its revenue. This is due to lockdown for several months, so most of the world's population
spends its time at home. And surely playing games to eliminate boredom, so surely many people play blockchain games at home.
Especially if the vaccine hasn't found yet, blockchain gaming company revenue records will continue to rise. I am among those who
spend time at home playing blockchain games too.
hero member
Activity: 2702
Merit: 672
I don't request loans~
Not surprising really. It was to be expected at some point, since a lot of people have no where to go, might as well go gambling right? Well, there are options such as playing, but well, most of those that have nothing to do and have money belong to the age where playing games is a foreign thing and would instead play games like poker in the past when they were young (yes, I'm implying that most of these people would be around above 30s or 40s). Still, though, such cases would just probably be reduced in the long term, especially since a lot of people are having a hard time with financing their situation. It probably is true for the first 3-4 months, but after that, you'd probably see a drop in online casinos' revenue.
legendary
Activity: 3122
Merit: 1140
It means that this pandemic also gives positive sides for some certain gambling industry especially the online one, right? Well, we all do not want this pandemic because this really kills us, our health, and also our economy.
I believe here that the online gambling industry becomes bigger and increase so significantly during this pandemic. the first reason is that gambling is addicted, once you play it, you must play it again and again. And when the casino is closed, none you can do expect to play gambling online. That is why many people switch their gambling activities in online sites. Moreover, many newcomers also do the same because they have no choice of activities and income because of lockdown everywhere. therefore, gambling is the right choice and you can spend more time, play with joy, and also earn some income from gambling. that is why the income of the online gambling industry increases significantly.

There are pros in spite of lots of cons that this pandemic do gives out specially on online businesses not only limited to gambling industry but also in others as well.
People cant make out transactions physically which basically means that people will most do things online this is why it is somewhat relevant and normal to consider or presume out
that they are making advantage on the current condition due to the fact that people are making or engaging with it which is normal.We know that this is the truth but
sooner or later when these things are over or shall we say we do return into our normal lives we would able to see the normal condition when it comes to division of
popularity and usage.
legendary
Activity: 2226
Merit: 1086
duelbits.com
It means that this pandemic also gives positive sides for some certain gambling industry especially the online one, right? Well, we all do not want this pandemic because this really kills us, our health, and also our economy.
I believe here that the online gambling industry becomes bigger and increase so significantly during this pandemic. the first reason is that gambling is addicted, once you play it, you must play it again and again. And when the casino is closed, none you can do expect to play gambling online. That is why many people switch their gambling activities in online sites. Moreover, many newcomers also do the same because they have no choice of activities and income because of lockdown everywhere. therefore, gambling is the right choice and you can spend more time, play with joy, and also earn some income from gambling. that is why the income of the online gambling industry increases significantly.
legendary
Activity: 3052
Merit: 1273
Definitely, the reason behind this record hike in terms of Animoca's successful profit achievements is the fact that everyone is free atm, so they're all looking for newer resources every single day in order to entertain themselves. Who doesn't love gambling (I mean, there are some who'd just burn their whole money into gambling if given a chance) and these lovers just go over these online gambling sites, play there with their skillset and yet lose a lot because the house will take everything in the long run.
hero member
Activity: 2590
Merit: 644
^ When we talk blockchain that is involved cryptocurrency as well and probably this may also bring interest to people use crypto in gambling businesses like online casino which is good to anyone who always stays at home due to the health-conscious. This is expected that the revenue will increase because worldwide there are a lot of games and of course there are also bettors that make either profit to the bookmakers or gambling owner. Nevertheless, let us do hope that young people or teenagers need parent guidance.
full member
Activity: 924
Merit: 221
Oh, so this is an advertisement huh? I was interested to know about the record revenue for a known establish gaming company.

anyway, most of the establishment now are down due to pandemic and that includes the gaming.company. Revenue now may not be good for them to discuss because it truly hurts knowing that business is not good. But, there are few who became strong and establish like Mobile Legend. More and  more users are practicing to plat this game due to lock down.

So, if we will be talking about revenue then I guess we should start with the establish and strong one in this pandemic era.
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