✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 15.

Fivestar4everMVP

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Quote from: o48o on October 04, 2024, 06:51:03 AM

Quote from: Synchronice on October 03, 2024, 06:38:52 AM

Quote from: hd49728 on October 02, 2024, 10:06:10 PM

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

While CEX comes with big expanses, it also comes with a huge traffic. Take any coin, list it on Binance and the trading volume will immediately go to the moon compared to its previous state.
-cut-

CEX doesn't necessary bring adoption or traffic. Even with huge exchanges with real trading it mainly brings just speculators. And in worst cases you need to pay ton of shuffle tokens to CEXes for listing, which CEXes can use for price manipulation. And huge portion of these "large" cexes have just fake volume without decent liquidity.

Well, with all honesty, I think this also translates to exactly what the other user said, more speculators having their eyes on a crypto asset, as well as discussing about its technological potentials and what the price could possibly be in the future, this is what also translates to the pump in volume, and subsequently, the price of the crypto asset when ever it gets listed on a very good tier 1 exchange like Binance, coin base etc.

And regarding price manipulation, is it not better for a crypto asset to be high in price, well known and exposed to alot of people/investors and it's price possibly manipulated? Than for the crypto asset to have a possible low and stable price, no trading volume and lack exposure to alot of people and specially important investors in the industry? A crypto asset like this is known as shit coin, and those who hold it will hardly see any profit, and it also risk being delisted even from the unknown exchanges where it is listed.

o48o

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Quote from: Synchronice on October 03, 2024, 06:38:52 AM

Quote from: hd49728 on October 02, 2024, 10:06:10 PM

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

While CEX comes with big expanses, it also comes with a huge traffic. Take any coin, list it on Binance and the trading volume will immediately go to the moon compared to its previous state.
-cut-

CEX doesn't necessary bring adoption or traffic. Even with huge exchanges with real trading it mainly brings just speculators. And in worst cases you need to pay ton of shuffle tokens to CEXes for listing, which CEXes can use for price manipulation. And huge portion of these "large" cexes have just fake volume without decent liquidity.

But has anyone looked the chart lately?

I don't know what you people are seeing, but i am seeing a potential ath and moon right after that. That could happen before the next airdrop, which will probably suppress the price a lot again. But that's not an imminent problem.

Synchronice

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Quote from: hd49728 on October 02, 2024, 10:06:10 PM

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

While CEX comes with big expanses, it also comes with a huge traffic. Take any coin, list it on Binance and the trading volume will immediately go to the moon compared to its previous state.

Quote from: fruktik on October 03, 2024, 12:01:26 AM

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

For example:

What kind of new algorithm do you talk about? To achieve advantage over competitors, constant working on product improvement is a must but today, we live in a world where attention means everything, so some things change. Stake hired lots of streamers and they succeeded, DuelBits also hired some famous athletes and I believe they'll become very popular too. Their partnership with Conor McGregor was very funny and entertaining.
Getting famous influencers ASAP and making your product popular through them is a part of modern marketing. The most famous influencer you have and the first you are in hiring them, the better.

Learn Bitcoin

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Quote from: hd49728 on October 02, 2024, 10:06:10 PM

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

Listing on CEX is favorite by cryptocurrency enthusiasts because they see it as one of commitment of a project team to their own project. Like spending pocket money for listing on CEX, the project team will not easily abandon that project. With project teams, listing on CEX has disadvantages too, for example, if they don't list a token on Tier-1 Centralized Exchanges, cost spent for listing will not bring good effects. Because of low trading volume on lower Tier CEX, trading volume of their token will be low, and price impacts will be very small or no impact at all.

This is very true. I have seen a couple of projects that were listed on some unnamed CEX but later started to fade away. I guess you have seen the signature campaign of ElonCoin, which was started by Bitvest owner Light Lord. They have listed their token on some unpopular exchanges, but later, the trading volume became almost zero.

They have promoted their token on this forum as well, but there is no activity on their social media anymore. So, I assume it is because of the light lord, who disappears often, and the whole team depends on him. If a project team invests in the wrong place, they are unlikely to get a return.

avp2306

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Quote from: fruktik on October 03, 2024, 12:01:26 AM

Quote from: AmoreJaz on September 30, 2024, 12:00:47 PM

Or they may vary some features to have their unique offering to the players. Because as we have observed, most casino games are similar, they just change their aesthetic features or some perks involved. Like for example, the crash game. Every casino can vary how they will present the crash game, like if they will use the rocket to crash or a car to crash.

With the competition among casinos, they need to find a way how to sustain the interest of their patrons. Otherwise, they will just hop on to the next interesting casino.

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

If you look at Shuffle on X here https://x.com/shufflecom you could see that they have lots of promotions and contest offer to their community.

They also do some good partnership to streamers before which is good move to be done especially that now this is famous way on how to market their casino.

So what they can add up is to go reach for global market and have a good deals with famous celebrities or sports club since this could bring a lot of traffic for their casino. Also the only thing they need to do now is to be consistent on having promotions since by this way they could attract more gamblers to play in their casino.

fruktik

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Quote from: AmoreJaz on September 30, 2024, 12:00:47 PM

Or they may vary some features to have their unique offering to the players. Because as we have observed, most casino games are similar, they just change their aesthetic features or some perks involved. Like for example, the crash game. Every casino can vary how they will present the crash game, like if they will use the rocket to crash or a car to crash.

With the competition among casinos, they need to find a way how to sustain the interest of their patrons. Otherwise, they will just hop on to the next interesting casino.

And how to achieve this advantage over other competitors? Apply new algorithms, games or something similar? How to become more noticeable against the background of many similar ones? Yes, there must be a unique feature that will become that very unique feature of the casino that others do not have.

Now most casinos give out bonuses to players and invite them to take part in promotions. This is the tool today that not only attracts, but also keeps people for a long period of time.

For example:

Wind_FURY

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Quote from: hd49728 on October 02, 2024, 06:25:00 AM

Quote from: Wind_FURY on October 01, 2024, 03:50:48 AM

Although, they do already have the casino. Accepting SHFL for deposits and bets is "OK utility".

It's one of good utility for SHFL token.

Quote

I had the same debate with some regular posters in BitcoinTalk. Why would people use Bitcoin for their coffee transactions if they can merely use fiat? It would be inefficient to do fiat > Bitcoin > coffee transaction. But if their salaries are paid in Bitcoin, then it will make more sense to spend them, although sometimes, they might need to exchange them for fiat.

It can be big problem with Bitcoin transactions when mempools are not good, and transaction fee is expensive, but with most of altcoin blockchains, transaction fees are cheaper, and this issue no longer exists.

People who receive salary in SHFL token, or receive it from airdrop or any bonus program, will have no issue with on chain transaction fee. Ethereum ERC20 chain after the Dencun upgrade gives cheaper transaction fee too.

I don't have the latest information about Ethereum, but the fees there are simply too high, AND it's consistent/constant because the majority of their users utilize that blockchain more for trading tokens/NFTs than simple financial transactions. BUT my point was earning SHFL within the casino and spending/using them IN the casino itself through bets and probably another sort of future use case. Plus if the original game is an actual online game, then purchase gaming items with SHFL that could help increase a player's SHFL earnings perhaps? Cool

hd49728

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Quote from: Learn Bitcoin on October 02, 2024, 07:52:07 AM

Unfortunately, most of the token project owners want people to buy their tokens from DEX to increase the number of holders and the adoption. But when the project is handled by another project where they are generating money, and the token generation comes from that platform, that is something else. You already have a huge user base on your platform, and the community is going to utilize your tokens, so you don't have to do extra marketing.

DEX is not only option for adoption but listing on DEX is helpful for project teams by saving very expensive listing cost on CEX (Centralized Exchanges).

Listing on CEX is favorite by cryptocurrency enthusiasts because they see it as one of commitment of a project team to their own project. Like spending pocket money for listing on CEX, the project team will not easily abandon that project. With project teams, listing on CEX has disadvantages too, for example, if they don't list a token on Tier-1 Centralized Exchanges, cost spent for listing will not bring good effects. Because of low trading volume on lower Tier CEX, trading volume of their token will be low, and price impacts will be very small or no impact at all.

DEX is good, and to use DEX, people must use non custodial wallets, that will help users to secure their own funds better. The team can easily to check token distribution of most of token holders are holding tokens in their non custodial wallets, not in exchange accounts. With investors in the community, watching and analyzing token distributions is important to avoid rug pulls.

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Quote from: hd49728 on September 30, 2024, 09:14:45 PM

SHFL token is supported by a big and successful business, Shuffle, but to make the token is a helpful and successful, utility is vital element. It's good that Noah already sneak peeked about Shuffle plan for SHFL token's utility. With their plans for it and their professionality and capacity, I believe in bright future of SHFL token which will stay with us not only in this market cycle but in far future.

Unfortunately, most of the token project owners want people to buy their tokens from DEX to increase the number of holders and the adoption. But when the project is handled by another project where they are generating money, and the token generation comes from that platform, that is something else. You already have a huge user base on your platform, and the community is going to utilize your tokens, so you don't have to do extra marketing.

I haven't checked the token yet or whether they launched it yet, but usually, casinos wait before they list it on some DEXs. ~~Have they released their tokenomics and plan for their token?~~ , No problem, I found their official web URL dedicated to SHFL.

F**k it. Seems like the token is already on the market since April. Where I was?

hd49728

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Quote from: Wind_FURY on October 01, 2024, 03:50:48 AM

Although, they do already have the casino. Accepting SHFL for deposits and bets is "OK utility".

It's one of good utility for SHFL token.

Quote

I had the same debate with some regular posters in BitcoinTalk. Why would people use Bitcoin for their coffee transactions if they can merely use fiat? It would be inefficient to do fiat > Bitcoin > coffee transaction. But if their salaries are paid in Bitcoin, then it will make more sense to spend them, although sometimes, they might need to exchange them for fiat.

It can be big problem with Bitcoin transactions when mempools are not good, and transaction fee is expensive, but with most of altcoin blockchains, transaction fees are cheaper, and this issue no longer exists.

People who receive salary in SHFL token, or receive it from airdrop or any bonus program, will have no issue with on chain transaction fee. Ethereum ERC20 chain after the Dencun upgrade gives cheaper transaction fee too.

Wind_FURY

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Quote from: avp2306 on October 01, 2024, 06:06:48 AM

Quote from: hd49728 on September 30, 2024, 09:14:45 PM

Quote from: Wind_FURY on September 30, 2024, 08:50:09 PM

That was absolutely my first impression, BUT I remembered Noah's podcast and he said that they will develop some utility for SHFL within the casino. THAT made me wonder if they're probably building an online game that the users could play for gambling SHFL and earn SHFL rewards?

That would probably be a good model. - Earn SHFL in the game, to gamble them in the casino. The game could also be a distribution system for SHFL. 👀

Launching a token is easy but creating utility for it is harder but this part is more important than launching it. Because without good utility, a token will have no value and with zero value, its price will fall to zero gradually after the launch when people realize that the token will not be used to anything.

SHFL token is supported by a big and successful business, Shuffle, but to make the token is a helpful and successful, utility is vital element. It's good that Noah already sneak peeked about Shuffle plan for SHFL token's utility. With their plans for it and their professionality and capacity, I believe in bright future of SHFL token which will stay with us not only in this market cycle but in far future.

Common thing they could do just to make their token useful is to allow it to used by gamblers whenever they want to place bet on Shuffle. Also they could offer staking rewards which is been done for so many times by casinos which have their own native tokens. Now they should think about creating unique things that can provide good utility for their token since having a lot of options will make the circulation became more healthier and this adds up deciding factor for people to acquire their token.

Indeed Shuffle can be consider as big company already and for sure they have something nice offer to their community so that they will get convince to use or either buy their token. Proper support is important and we see that lots of casino owned tokens didn't have that this is why we see them collapsed.

The casino as a product also matters. Because if the product is "bad", why would anyone deposit money in the casino in the first place? But if the product is "GOOD", when the casino gives their users a very positive user experience, then how should users get an investment in that GOOD product? - SHFL Cool

The GOOD product + the rewards/benefits for investing in/holding SHFL + the utility, might make SHFL a good investment. But DYOR.

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Quote from: panjul07 on September 30, 2024, 08:14:35 AM

Quote from: Wind_FURY on September 30, 2024, 03:45:24 AM

Is it an "original Shuffle game", OR an absolutely original game that's built and invented by Shuffle that no other casino has available? 🤔

I guess original game here refer to a game that is built/developed by Shuffle but the game is already available in other casinos.
The term "original games" is used by many casinos already and it is usually refer to game as what I've just said so original game does not always mean a completely new invented game which is not available in other places.
Of course it can also mean a fresh game which cant be found anywhere, so it depends on what will be launched by Shuffle.
Just checked the suffle's X account, seems that there is still no announcement for the new game so lets just wait to see what is the new game.

I think that original games are collections of games that were part of the first generation of Bitcoin casinos and also other games that later got added to these casinos and at the same time, have a provably fair system. That's why you see the same list of games on every crypto casino website under the name of Originals but at the same time, I want to mention that those original games (provably fair games) are in-house games, e.g. the casino developers built it and maintain it.
Btw to be fair, many original games look very similar on many casinos. For example, dice on Shuffle.com, Chips.gg and BC.Games look almost exactly the same.

avp2306

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Quote from: hd49728 on September 30, 2024, 09:14:45 PM

Quote from: Wind_FURY on September 30, 2024, 08:50:09 PM

That was absolutely my first impression, BUT I remembered Noah's podcast and he said that they will develop some utility for SHFL within the casino. THAT made me wonder if they're probably building an online game that the users could play for gambling SHFL and earn SHFL rewards?

That would probably be a good model. - Earn SHFL in the game, to gamble them in the casino. The game could also be a distribution system for SHFL. 👀

Launching a token is easy but creating utility for it is harder but this part is more important than launching it. Because without good utility, a token will have no value and with zero value, its price will fall to zero gradually after the launch when people realize that the token will not be used to anything.

SHFL token is supported by a big and successful business, Shuffle, but to make the token is a helpful and successful, utility is vital element. It's good that Noah already sneak peeked about Shuffle plan for SHFL token's utility. With their plans for it and their professionality and capacity, I believe in bright future of SHFL token which will stay with us not only in this market cycle but in far future.

Common thing they could do just to make their token useful is to allow it to used by gamblers whenever they want to place bet on Shuffle. Also they could offer staking rewards which is been done for so many times by casinos which have their own native tokens. Now they should think about creating unique things that can provide good utility for their token since having a lot of options will make the circulation became more healthier and this adds up deciding factor for people to acquire their token.

Indeed Shuffle can be consider as big company already and for sure they have something nice offer to their community so that they will get convince to use or either buy their token. Proper support is important and we see that lots of casino owned tokens didn't have that this is why we see them collapsed.

Wind_FURY

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Quote from: hd49728 on September 30, 2024, 09:14:45 PM

Quote from: Wind_FURY on September 30, 2024, 08:50:09 PM

That was absolutely my first impression, BUT I remembered Noah's podcast and he said that they will develop some utility for SHFL within the casino. THAT made me wonder if they're probably building an online game that the users could play for gambling SHFL and earn SHFL rewards?

That would probably be a good model. - Earn SHFL in the game, to gamble them in the casino. The game could also be a distribution system for SHFL. 👀

Launching a token is easy but creating utility for it is harder but this part is more important than launching it. Because without good utility, a token will have no value and with zero value, its price will fall to zero gradually after the launch when people realize that the token will not be used to anything.

Although, they do already have the casino. Accepting SHFL for deposits and bets is "OK utility". It's the distribution of SHFL that could be a problem for Noah's team. I had the same debate with some regular posters in BitcoinTalk. Why would people use Bitcoin for their coffee transactions if they can merely use fiat? It would be inefficient to do fiat > Bitcoin > coffee transaction. But if their salaries are paid in Bitcoin, then it will make more sense to spend them, although sometimes, they might need to exchange them for fiat.

hd49728

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Not your keys, not your coins!

Quote from: Wind_FURY on September 30, 2024, 08:50:09 PM

That was absolutely my first impression, BUT I remembered Noah's podcast and he said that they will develop some utility for SHFL within the casino. THAT made me wonder if they're probably building an online game that the users could play for gambling SHFL and earn SHFL rewards?

That would probably be a good model. - Earn SHFL in the game, to gamble them in the casino. The game could also be a distribution system for SHFL. 👀

Launching a token is easy but creating utility for it is harder but this part is more important than launching it. Because without good utility, a token will have no value and with zero value, its price will fall to zero gradually after the launch when people realize that the token will not be used to anything.

SHFL token is supported by a big and successful business, Shuffle, but to make the token is a helpful and successful, utility is vital element. It's good that Noah already sneak peeked about Shuffle plan for SHFL token's utility. With their plans for it and their professionality and capacity, I believe in bright future of SHFL token which will stay with us not only in this market cycle but in far future.

Wind_FURY

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Quote from: panjul07 on September 30, 2024, 08:14:35 AM

Quote from: Wind_FURY on September 30, 2024, 03:45:24 AM

Is it an "original Shuffle game", OR an absolutely original game that's built and invented by Shuffle that no other casino has available? 🤔

I guess original game here refer to a game that is built/developed by Shuffle but the game is already available in other casinos.

The term "original games" is used by many casinos already and it is usually refer to game as what I've just said so original game does not always mean a completely new invented game which is not available in other places.
Of course it can also mean a fresh game which cant be found anywhere, so it depends on what will be launched by Shuffle.

Just checked the suffle's X account, seems that there is still no announcement for the new game so lets just wait to see what is the new game.

That was absolutely my first impression, BUT I remembered Noah's podcast and he said that they will develop some utility for SHFL within the casino. THAT made me wonder if they're probably building an online game that the users could play for gambling SHFL and earn SHFL rewards?

That would probably be a good model. - Earn SHFL in the game, to gamble them in the casino. The game could also be a distribution system for SHFL. 👀

AmoreJaz

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Quote from: Mahdirakib on September 30, 2024, 11:24:15 AM

Quote from: panjul07 on September 30, 2024, 08:14:35 AM

I guess original game here refer to a game that is built/developed by Shuffle but the game is already available in other casinos.

'Original game' actually refers to own developed in-house provably fair game. I have rarely seen any casinos to come with a unique in-house game which isn't available on other casino. I guess Shuffle team is developing Baccarat, video poker or coin flip type in-house games. All other popular in-house games are already available there. A own developed in-house slot game would be surprising.

Or they may vary some features to have their unique offering to the players. Because as we have observed, most casino games are similar, they just change their aesthetic features or some perks involved. Like for example, the crash game. Every casino can vary how they will present the crash game, like if they will use the rocket to crash or a car to crash.

With the competition among casinos, they need to find a way how to sustain the interest of their patrons. Otherwise, they will just hop on to the next interesting casino.

Mahdirakib

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Quote from: panjul07 on September 30, 2024, 08:14:35 AM

I guess original game here refer to a game that is built/developed by Shuffle but the game is already available in other casinos.

'Original game' actually refers to own developed in-house provably fair game. I have rarely seen any casinos to come with a unique in-house game which isn't available on other casino. I guess Shuffle team is developing Baccarat, video poker or coin flip type in-house games. All other popular in-house games are already available there. A own developed in-house slot game would be surprising.

tranthidung

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Quote from: panjul07 on September 30, 2024, 08:14:35 AM

I guess original game here refer to a game that is built/developed by Shuffle but the game is already available in other casinos.
The term "original games" is used by many casinos already and it is usually refer to game as what I've just said so original game does not always mean a completely new invented game which is not available in other places.
Of course it can also mean a fresh game which cant be found anywhere, so it depends on what will be launched by Shuffle.

It is a game that does not come from any game provider or partner of Shuffle team. The team built it up and deployed it on Shuffle platform by themselves, but the game can be a new game-changer built by Shuffle team or it is similar to game on other casinos or many game providers. This mean idea behind the game can be very unique from Shuffle or can be taken from what available on the gambling game market.

A main difference is with original games, Shuffle team are fully responsible for all things, creation, deployment, maintenance, support, fix bugs, and they don't rely on any third-party game provider to do these things.

panjul07

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Quote from: Wind_FURY on September 30, 2024, 03:45:24 AM

Is it an "original Shuffle game", OR an absolutely original game that's built and invented by Shuffle that no other casino has available? 🤔

I guess original game here refer to a game that is built/developed by Shuffle but the game is already available in other casinos.
The term "original games" is used by many casinos already and it is usually refer to game as what I've just said so original game does not always mean a completely new invented game which is not available in other places.
Of course it can also mean a fresh game which cant be found anywhere, so it depends on what will be launched by Shuffle.
Just checked the suffle's X account, seems that there is still no announcement for the new game so lets just wait to see what is the new game.

Topic: ✨ Shuffle.com | The next generation of crypto casinos | Sports, Casino + token - page 15. (Read 20967 times)