Topic: What will be the next big industry move? - page 14. (Read 4730 times)
NFT as capital to gamble would be the main thing. Virtual items tradable and of some market value being gambled is not a new prospect, this would just be an expansion of that trend. The infrastructure to do that being there would probably profitable for quite a few that facilitate such possibilities. Its already been tried, some failed, some have been a big success but the main thing for me always is ease of use and liquidity to the process if thats there then it can be massive.
Yes, all people on our planet could become poorer this decade.
There are many geopolitical problems in the world today.
Supply chains are torn apart by wars and sanctions. To create a metaverse, you need powerful servers and special devices. This requires new microchips and new generation electronics. To create all this, rare earth metals, palladium, etc. are needed.
Geopolitical disunity hinders the creation of infrastructure for the Metaverse.
And this means that in the near future we may not see new gambling in the virtual space.
There are many geopolitical problems in the world today.
Supply chains are torn apart by wars and sanctions. To create a metaverse, you need powerful servers and special devices. This requires new microchips and new generation electronics. To create all this, rare earth metals, palladium, etc. are needed.
Geopolitical disunity hinders the creation of infrastructure for the Metaverse.
And this means that in the near future we may not see new gambling in the virtual space.
Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.
really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)
Tether and USDC hyperdollarized the exchanges of the cryptospace. DAI, Terra and other decentralized stablecoins are hyperdollarizing Defi. I reckon other forms of services in the cryptospace that handles money should also follow. They cannot let their users coins become $1.00 tomorrow and be $0.50 on the next day hehehe. A cryptogambling service with stablecoins and Defi features will certainly be a big industry move.
I have heard the view that because the pandemic ends, all "virtual" entertainment will enter a bear market as people return to walking, traveling - their normal lives. The pandemic created enormous pressure on people and, one might say, forcibly pushed them into the virtual world, now this pressure is disappearing and many will not stay in it.
If I were an investor in the metaverses (medium term), then probably now I would rather sell my assets. In addition, the ongoing war seems to make the world's population even poorer (inflation on energy and food), so "virtual" needs will fade into the background, since there will be enough money only for basic ones. Thoughts?
If I were an investor in the metaverses (medium term), then probably now I would rather sell my assets. In addition, the ongoing war seems to make the world's population even poorer (inflation on energy and food), so "virtual" needs will fade into the background, since there will be enough money only for basic ones. Thoughts?
Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.
really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)
but when it comes to security then i dont think that it would really be still that ideal but for now this is the best thing that you could possibly do on easily switch up from stable coin into crypto.
About next cryptocurrency move then it would really vary and depends a nd this is something that we couldnt predict.
Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.
really good take
dollar-pegged coins will probably grow up in terms of % of total dollars in existence and may be a good option for those who want no exposure to crypto volatility (only exposure to fiat volatiliy, but this is a different story)
Issues about metaverse and NFT looks drop right now and I think not any development again between gambling site and metaverse where have been hype last two months, I think gambling industry right now have been completed and looks not any upgrade need like add NFT or metaverse site on gambling, but looks good trend if gambling industry allowed with some thing have been popular right now but have function when added NFT on gambling industry for the future and not just few moment only before metaverse and NFT not popular again.
Everyone is speculating on NFT and the metaverse might be the next industry move and I agree, however, no one is speculating on the hyperdollarization of the gambling industry in the cryptospace through stablecoins. Also not only USDT or USDC, also decntralized stablecoins like DAI, TUSD and others too. I mentioned this before, if there was a smart owner of a gambling site, he would begin accepting stablecoins now while the cryptospace is under a bear market.
The pandemic has had a huge impact not only on gambling, but on everything that can be done online. It is very likely that COVID will cause a snowball effect that will make a large part of our lives move to the virtual world. I think the next step in the gambling industry will be the tremendous growth of the casinos in the metaverse.
Metaverse is indeed the next big attraction in gambling, in my opinion also.
But as we sit right now, it is in the early stage in this industry.
But with pandemic and the aim of limited exposure outside, people will go to the virtual world for entertainment.
So yes, we may be seeing this kind of experience starting this year.
A lot of gaming platforms are already using the metaverse concept, so gambling is not hard to reach by this application.
But it seems that the wave of NFT in casinos has not been too big because not many casinos have tried to introduce NFT to their members in their casinos. Maybe NFT for casinos has not been felt so necessary that the casinos have only focused on promoting their casinos. But so far, maybe many of its members have given suggestions to make NFT in their casino and that is a good suggestion for the casino and maybe the casino itself is still trying to figure out what benefits NFT is for them and their members.
Rollbit and Duelbit are recommended casinos so maybe later I will try to see the benefits of NFT on both platforms and if it is exciting and can provide benefits for members, maybe I will try it too. Calculate for diversification of investment
Rollbit and Duelbit are recommended casinos so maybe later I will try to see the benefits of NFT on both platforms and if it is exciting and can provide benefits for members, maybe I will try it too. Calculate for diversification of investment
Yeah you're right mate, I didn't also heard some big announcements of casinos or should I say online casinos tried NFT on their one of the feature. But I guess NFT is not that fit to Casino or gambling industry instead the metaverse one is where I guess could be possibly work on gambling. But so far, we haven't heard any further details and further development about metaverse so most of these of what I have mentioned earlier is jus an speculation, let's see if there will be any significance development metaverse could give in gambling industry.
I commented some possible applications for casinos + NFTs even if not on a fully developed metaverse
ideas that could be developed and applied right now are:
- NFTs as membership cards / VIP access
- NFTs serving as multipliers on some games
- POAPs for special prizes and attendance to events
- NFT art
The pandemic has had a huge impact not only on gambling, but on everything that can be done online. It is very likely that COVID will cause a snowball effect that will make a large part of our lives move to the virtual world. I think the next step in the gambling industry will be the tremendous growth of the casinos in the metaverse.
My concern about NFTs is that they are not really the same like fungible tokens, they are non fungible and there makeup may be of challenges to be using NFTs for gambling, but I think you know more about NFTs and know what you are saying. What I just think NFTs may be existing in Metaverse and virtual reality is because almost all things happening in the world will later be happening virtually, like making bank payments, buying crypto and NFTs will be among. Virtual reality will really benefit people as many companies are going into the business.
I think gambling site will progress depending what is popular a while and try keep become exist with new coming like NFTs, I think if later have new popular again will make gambling site move to other thing depend which one have popular on cryptocurrency. I think is really worth and good as NFT right now become most searching as keyword on google and looks as potential profitable for gambler by adopting in gambling site, maybe still not any function right now have worth with NFT for gambling site because for gaming or play to earn NFT have launch early.
What I believe is that everything is going to be regulated and the government wants to get control of everything its people are going to do. That is the reason the government also didn't support bitcoin easily, but at the end of the day, they had to approve it. Gambling is also a headache for the government because some places approve it and some do not. Because they think people are losing their black money to gambling. And in this case, their two headaches, one being blockchain and the second being gambling, are now working together. Because now, gambling happens on the blockchain network, and people are using crypto to play. It's becoming increasingly difficult to keep track of everything that happens with money. government is going to take some serious steps. It's my belief that other people can think differently too.
Might be difficult to imagine bringing this NFT feature to the casino but can't stop the trend and this will brag attention to the players who have NFTs on their wallets. This will be their chance to use it if ever they can't manage to sell them at a better price. They will likely be enjoying it in gambling. But for metaverse, I'm not going to expect that, not really suitable for the casinos.
I was surprised that there has been NFT Solana ATM now in New York city United States, if this is possible, I think it is also also possible to use NFTs in gambling, but what is making me to still think another way is that NFTs price are volatile and not stable and do not really represent any real value but which its hype can die along with time to become less valuable, some people can be considering it unworthy to be used for gambling. Quote
Not suitable for Casinos? You should make out some research first.
Virtual world Decentraland, a browser-based metaverse, has seen its metaverse casino ICE Poker report revenue of $7.5 million in the last three months
Source: https://www.casino.org/news/metaverse-casino-rakes-in-7-5m-in-three-months/
This do proves out that your words arent that right. Wink
Virtual world Decentraland, a browser-based metaverse, has seen its metaverse casino ICE Poker report revenue of $7.5 million in the last three months
Source: https://www.casino.org/news/metaverse-casino-rakes-in-7-5m-in-three-months/
This do proves out that your words arent that right. Wink
That sounds like a lot, until you realize that the revenues generated by centralized casinos far exceed that figure on a daily basis.
I do agree that there is some utility when it comes to metaverse based casinos, but I feel like that until everyone is fully immersed in that reality, there is not going to be a whole lot of demand for them on aggregate and there's not going to be liquidity available.
Some disruption is needed here but I don't see any viable alternatives so far.
Recently, people spent a lot of time on the Internet and virtual reality.
This was due to the global pandemic of the Covid-19 coronovirus.
People did not travel, did not visit friends and acquaintances, did not visit theaters and restaurants. Therefore, people spent a lot of time exploring virtual reality.
The coronavirus pandemic is currently on the decline. People are now more interested in the real (living) reality. Therefore, now the development of the Metaverse will slow down.
However, this does not mean that the process of creating the Metaverses will stop or reverse.
Theres a gambler on twitch who is past a billion just by themselves I think, 7.5 is a starting figure like a test run. Meta doesn't have to be complicated or that far from where we are now, they should take smaller steps where people are more familiar and likely to join from their current gambling. As said by a few industry pundits, the vast majority are never going to put on a headset and all those extreme preparations to experience a product, it will have to be more integrated then that and I think all the first examples will be quite modest extensions of current platforms.
Quote
Not suitable for Casinos? You should make out some research first.
Virtual world Decentraland, a browser-based metaverse, has seen its metaverse casino ICE Poker report revenue of $7.5 million in the last three months
Source: https://www.casino.org/news/metaverse-casino-rakes-in-7-5m-in-three-months/
This do proves out that your words arent that right. Wink
Virtual world Decentraland, a browser-based metaverse, has seen its metaverse casino ICE Poker report revenue of $7.5 million in the last three months
Source: https://www.casino.org/news/metaverse-casino-rakes-in-7-5m-in-three-months/
This do proves out that your words arent that right. Wink
That sounds like a lot, until you realize that the revenues generated by centralized casinos far exceed that figure on a daily basis.
I do agree that there is some utility when it comes to metaverse based casinos, but I feel like that until everyone is fully immersed in that reality, there is not going to be a whole lot of demand for them on aggregate and there's not going to be liquidity available.
Some disruption is needed here but I don't see any viable alternatives so far.
But it seems that the wave of NFT in casinos has not been too big because not many casinos have tried to introduce NFT to their members in their casinos. Maybe NFT for casinos has not been felt so necessary that the casinos have only focused on promoting their casinos. But so far, maybe many of its members have given suggestions to make NFT in their casino and that is a good suggestion for the casino and maybe the casino itself is still trying to figure out what benefits NFT is for them and their members.
Rollbit and Duelbit are recommended casinos so maybe later I will try to see the benefits of NFT on both platforms and if it is exciting and can provide benefits for members, maybe I will try it too. Calculate for diversification of investment
Rollbit and Duelbit are recommended casinos so maybe later I will try to see the benefits of NFT on both platforms and if it is exciting and can provide benefits for members, maybe I will try it too. Calculate for diversification of investment
Yeah you're right mate, I didn't also heard some big announcements of casinos or should I say online casinos tried NFT on their one of the feature. But I guess NFT is not that fit to Casino or gambling industry instead the metaverse one is where I guess could be possibly work on gambling. But so far, we haven't heard any further details and further development about metaverse so most of these of what I have mentioned earlier is jus an speculation, let's see if there will be any significance development metaverse could give in gambling industry.
Virtual world Decentraland, a browser-based metaverse, has seen its metaverse casino ICE Poker report revenue of $7.5 million in the last three months
Source: https://www.casino.org/news/metaverse-casino-rakes-in-7-5m-in-three-months/
This do proves out that your words arent that right.
But it seems that the wave of NFT in casinos has not been too big because not many casinos have tried to introduce NFT to their members in their casinos. Maybe NFT for casinos has not been felt so necessary that the casinos have only focused on promoting their casinos. But so far, maybe many of its members have given suggestions to make NFT in their casino and that is a good suggestion for the casino and maybe the casino itself is still trying to figure out what benefits NFT is for them and their members.
Rollbit and Duelbit are recommended casinos so maybe later I will try to see the benefits of NFT on both platforms and if it is exciting and can provide benefits for members, maybe I will try it too. Calculate for diversification of investment
Rollbit and Duelbit are recommended casinos so maybe later I will try to see the benefits of NFT on both platforms and if it is exciting and can provide benefits for members, maybe I will try it too. Calculate for diversification of investment
Yeah you're right mate, I didn't also heard some big announcements of casinos or should I say online casinos tried NFT on their one of the feature. But I guess NFT is not that fit to Casino or gambling industry instead the metaverse one is where I guess could be possibly work on gambling. But so far, we haven't heard any further details and further development about metaverse so most of these of what I have mentioned earlier is jus an speculation, let's see if there will be any significance development metaverse could give in gambling industry.
The Internet has been actively developing since 2000 (since the beginning of the new millennium). Since 2000, the Internet began to be massively used by ordinary people.
The recognition and acceptance of smartphones happened very quickly. Until 2010, there were virtually no mass smartphones.
People massively used push-button phones. Particularly advanced users (geeks) used communicators. Communicators were not used for entertainment, they were positioned as the best solution for business and time management.
These were niche solutions.
From this we can conclude that it is the focus on entertainment (on the show) that makes the technology mass.
The recognition and acceptance of smartphones happened very quickly. Until 2010, there were virtually no mass smartphones.
People massively used push-button phones. Particularly advanced users (geeks) used communicators. Communicators were not used for entertainment, they were positioned as the best solution for business and time management.
These were niche solutions.
From this we can conclude that it is the focus on entertainment (on the show) that makes the technology mass.
A lot of the gambling related stuff coming out now just seems gimmicky or a new style on very old games. It's hard to picture much else that can be done in future, besides some sort of virtual environment where you can interact with surroundings. Hopefully it is built to an open standard without a single company being able to build restrictions and fill it with advertising. Virtual casino gambling (in Monaco for example) could give an interesting new take - maybe somebody could be "hired" to act as a host player, would have a camera then enter a casino and fulfill all gambling instructions given by someone on the other side of the world. If the actual player had a headset on they could take in the atmosphere surrounding the host without ever leaving home, the next iteration of streamers perhaps?
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