What will be the next big industry move? - page 35.

sunsilk

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Quote from: OgNasty on January 18, 2022, 04:29:32 PM

I've seen sites like NFTrade.com that offer trading of NFTs, where you can put your NFT on the trading block and receive or make offers for other NFTs with it. I think the natural evolution of this idea will be to implement that sort of thing with gambling. If you were able to find a partner with a similar valued NFT to gamble with, that might be interesting. Imagine betting a Bored Ape against a Crypto Punk on a roll of the dice. That would be some epic stakes... I'm sure it's only a matter of time at this point...

That's interesting.

It's not just going to be a gamble for the Bored Ape and its value but also there could be some relevance of the bet for the pride. I don't know but it feels like that.

Whenever huge amounts are involved for such a bet and you're against another one that's totally fine to gamble with it. The amount would just be the second in line and whoever wins could be proud of himself afterward he has bet for such a huge amount.

This is possible actually right now and it's like a p2p gamble for good and valuable NFTs.

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Quote from: xSkylarx on January 18, 2022, 06:06:43 AM

Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

Agree only the new games are created but innovation of old games is really difficult but integrating it to metaverse then it would be different but still the same game that we've played. I think this is the biggest moved of gambling industry since metaverse is getting known now. we could really see this in the next future how gambling is integrated to this .

^ It is possible, that is not difficult to integrate gambling online to gambling virtual reality on metaverse, this is very trending now and I think most gamblers can probably afford VR equipment to use during they gamble. Since we are still on the threat of the pandemic, everything is on the online process and it could be gambling industry will continue growing because of the reason that everyone should stay at home.
However, it takes for sure a lot of processes and I don't know when it will have happened.

OgNasty

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I've seen sites like NFTrade.com that offer trading of NFTs, where you can put your NFT on the trading block and receive or make offers for other NFTs with it. I think the natural evolution of this idea will be to implement that sort of thing with gambling. If you were able to find a partner with a similar valued NFT to gamble with, that might be interesting. Imagine betting a Bored Ape against a Crypto Punk on a roll of the dice. That would be some epic stakes... I'm sure it's only a matter of time at this point...

milewilda

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Quote from: KTChampions on January 18, 2022, 03:39:03 PM

Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

Yes, I also do not see any request from gamblers for changes. Everyone is happy with what they have (I mean the mechanics of the game and not legal issues, etc.) - what improvements can you come up with for example in dice? There may be some settings for autogambling or games for finding series, but this is not a change in the game, just one of the options that fundamentally does not change anything.

For now we couldnt see but deep inside we do really seek out for something unique or something that havent seen on this market which means that we would really be that much interested
if ever there is someone who do offer and pretty sure that theres some development into that and we know on what it is and one of this one is in talks of metaverse
but as long it wasnt still launched then we do still remain on being speculative which it isnt really that much surprising.

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Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

Yes, I also do not see any request from gamblers for changes. Everyone is happy with what they have (I mean the mechanics of the game and not legal issues, etc.) - what improvements can you come up with for example in dice? There may be some settings for autogambling or games for finding series, but this is not a change in the game, just one of the options that fundamentally does not change anything.

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Quote from: Congyang on January 18, 2022, 03:00:33 PM

^

Well, why? For a person who pays all taxes and does not engage in anything illegal, the introduction of CBDC will give some advantage over fiat currency, but for people who are trying to get away from the control of the state it will be more of a negative innovation. Unfortunately, ordinary people can not have any influence on the adoption of CBDC by their state.

I think this is the next step, which is designed to make the economy more transparent, and unfortunately, this transparency will affect ordinary citizens, but not the state itself, as the management will be carried out by it.

Congyang

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Quote from: madnessteat on January 18, 2022, 02:09:28 PM

Quote from: oHnK on January 18, 2022, 12:16:32 PM

^

Governments of any country cannot fully regulate cryptocurrencies, so they try to create their own CBDCs. This will reduce the cost of processing payment data and increase the speed of transactions. A huge disadvantage of CBDCs can be considered the lack of decentralization, which means that at any time your funds can simply be blocked without your knowledge.

although indeed with CBDC there is actually no significant hope there and it just seems like a waste of their time Cheesy

I agree with what you said about the shortcomings of this CBDC and if you look closely, actually things like this will only make bitcoin more trusted by people I think because indeed by looking at the current CBDC which is not much different from FIAT then what do they expect from there .

blockman

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Quote from: oHnK on January 18, 2022, 12:16:32 PM

CBDC was created because of the concerns of regulators with this decentralized system so that they created similar but not the same things to fulfill their interests. The gambling business is inseparable from the very large number of transactions. Tax objects gather in one place with the aim of spending it, when gambling businesses find it difficult to implement KYC due to the concept of decentralized crypto then they offer CBDCs to replace and kill other cryptos because they are natural competitors.

Not that going to kill the other cryptos. Accepting CBDC is just going to be another currency that they'll accept if their customers are comfortable of using it.
I don't see a reason why adopting it would kill the other supported and accepted cryptos for such casinos. It's better to have a lot of choices to become flexible and that's why I don't see it the reason for killing those currently accepted ones.

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Quote from: Boristhecat on January 18, 2022, 12:02:40 PM

as far as I understand, they succeed very poorly, since it is easy to “pressure” an organization, but it is difficult to “pressure” a large number of people.

Yeah, the next big progress of gambling industry might be coming out from governments' side in terms of regulations. As long as people are preferring to have fiats as one of their payment options then casinos will go for license related things which again lead to get approval from governments; when gamblers stick within cryptos for their gambling, then casinos will be able to operate without need of government's nod which will eliminate the possibilities of government's intervention into gambling industry.

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Quote from: oHnK on January 18, 2022, 12:16:32 PM

^

Governments of any country cannot fully regulate cryptocurrencies, so they try to create their own CBDCs. This will reduce the cost of processing payment data and increase the speed of transactions. A huge disadvantage of CBDCs can be considered the lack of decentralization, which means that at any time your funds can simply be blocked without your knowledge.

oHnK

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Quote from: Boristhecat on January 18, 2022, 12:02:40 PM

Unfortunately, they are trying to regulate even decentralized services, but as far as I understand, they succeed very poorly, since it is easy to “pressure” an organization, but it is difficult to “pressure” a large number of people. I can assume that the authorities will try to maintain their monopoly position by offering users competitive services (like CDBC instead of real cryptocurrencies), I hope most people don't fall for this trick.

CBDC was created because of the concerns of regulators with this decentralized system so that they created similar but not the same things to fulfill their interests. The gambling business is inseparable from the very large number of transactions. Tax objects gather in one place with the aim of spending it, when gambling businesses find it difficult to implement KYC due to the concept of decentralized crypto then they offer CBDCs to replace and kill other cryptos because they are natural competitors.

Boristhecat

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Quote from: Silberman on January 17, 2022, 12:01:45 PM

Quote from: CDC AP on January 17, 2022, 10:57:14 AM

Actually I don't what will the regulators next approach on the next generation Online Casino since most of them is moving toward Web 3.0 format which is a completely decentralized. I wonder how can they still regulate or required KYC procedure for gamblers that playing on exceeding amount of the required for the KYC.

Without a doubt this is a challenge that governments all over the world are facing, before the apparition of bitcoin it seemed we were going to eventually reach a point in which the centralization of power will be nothing more but a given and people will just have to accept it, however now decentralization is slowly countering that tendency and this is something that governments despise, as all their efforts over the last decades are crumbling before their eyes.

Unfortunately, they are trying to regulate even decentralized services, but as far as I understand, they succeed very poorly, since it is easy to “pressure” an organization, but it is difficult to “pressure” a large number of people. I can assume that the authorities will try to maintain their monopoly position by offering users competitive services (like CDBC instead of real cryptocurrencies), I hope most people don't fall for this trick.

passwordnow

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Quote from: paxmao on January 17, 2022, 10:37:15 AM

Quote from: passwordnow on January 14, 2022, 04:46:09 PM

Quote from: Sterbens on January 14, 2022, 12:08:31 PM

You're right, the casino will definitely do a lot more than just taking advantage of the NFT hype or the Metaverse which if it were temporary it would be better if the casino didn't want to. Just as casinos have long-term prospects and the profits they have made on gambling have actually been huge. Adding gambling to the world of the Metaverse may be a start, but that doesn't mean it's accessible to all gamblers.

Accessible that there would be some requirement before a gambler can proceed and join that additional feature if it's on Metaverse. That's the talk of majority right now because there's the bigger that everyone sees with it. NFT hypes cannot last for long and that's why they just can't depend on it, the important thing with them is to cope up whatever is the likes of the customers for them to keep themselves on the trend just as what their customer wants them to see adopt.

Crypto and NFT in general have that in common, there is an intrinsic value in a cryptomarket and the projects that are being developed around crypto as well as commercial uses of technology and, alongside, there is a massive hype that sends the cost to astronomic proportions. Something like that is likely to happen with the metaverse real-state. My take is that the owners of the platform will use that trend to their own advantage, putting to auction lots of property and leading users to their preferred locations.

That's for sure as long as the hype is still there but one thing for sure is that it won't last long. As long as they can benefit and monetize from the hype, they should take the chance that they can especially in this industry of gambling, the trend here is different from the actual crypto market but it's one of the adaptable industries that will just have to do what it takes for them to remain on the line with the crypto market.

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Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

We never imagine how the virtual space can evolve to better because it is still under development and although some virtual space offers new differences, it still needs more things to have better our lives.
The improvement will continue no matter if we already have a better one because humans will always want to create or invent new things that can make it easier for our lives.
It will grow fast once the technology is ready and maybe this year will be good to launch that since we are still at our home and can not go to a public area with ease.
So we need to have more patience to wait while we can use the existing technology to enjoy the moment.

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Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

In gambling there is no need for big changes because people will gamble no matter how old was that as long as it is available in their places and that is how gambling proven to be addicted and risky , people will do everything , find anything just to sustain their gambling habits no matter how it costs them.
I know this for a fact because i have been there before, i also have lost some friends and love ones because of how I Behave in the past.
I will always be the loser in this system if i did not changed my way.
So either there is a change or not? still gambling will continue to dominate all businesses in the world.

xSkylarx

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Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

Agree only the new games are created but innovation of old games is really difficult but integrating it to metaverse then it would be different but still the same game that we've played. I think this is the biggest moved of gambling industry since metaverse is getting known now. we could really see this in the next future how gambling is integrated to this .

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Quote from: tabas on January 18, 2022, 04:33:58 AM

Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

I disagree about not acknowledging the changes that have happened within the gambling industry. How long does that long time for you? Before it was only with fiat and a few games that were very common to everybody. Then, the crypto has come and the gambling industry has helped it make known to the world. And then, newer games have come for which become popular for each casino that has only a few games to offer to their customers, actually, there has been a lot of improvements for the past years. We really have no idea what's going to be the latest and new changes that's about to come but we're going to see it then in the near future.

Well one thing that I am for sure, it is all about virtualization.
I am thinking of a gambling innovation something like to do gamble like a real using VR, of course using your avatar that connected through the internet seems like you are in an offline gambling casino. Technologies make things possible and they could be applicable to the casino and we know that the innovation in the gambling industry as of now has been grown. That is indeed true, we don't know what will happen in the future but for sure we will innovate the old stuff.

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Quote from: pinggoki on January 18, 2022, 03:26:02 AM

Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

I disagree about not acknowledging the changes that have happened within the gambling industry. How long does that long time for you? Before it was only with fiat and a few games that were very common to everybody. Then, the crypto has come and the gambling industry has helped it make known to the world. And then, newer games have come for which become popular for each casino that has only a few games to offer to their customers, actually, there has been a lot of improvements for the past years. We really have no idea what's going to be the latest and new changes that's about to come but we're going to see it then in the near future.

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Probably the virtual space is the only answer to this, gambling doesn't necessarily have any improvement for a really long time so I don't see how they will be able to change things for the better especially if the system that they've created is already perfect for them. Maybe there's more that I can't think of or didn't even imagine that they're going to do but we know the industry and it's not going to fix what's not broken.

davis196

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The next big moves in the gambling industry would be towards the VR(virtual reality).
I don't know how this VR thing will improve the gambling experience.For some reason,Meta and VR technology is becoming the new big trend in the online world.I don't know why.
Decentralized gambling platforms are something that might not happen in the future,since the gambling industry is so heavily regulated by the governments.I guess that the authorities want casinos to stay centralized,because this way it's pretty clear who has the responsibility to run the business and who will be persecuted in case of scams and other sorts of crimes.
NFTs and play-to-earn games are another wave of "innovation" in the gambling industry,but I'm not sure about what percentage of these Play-to-Earn games are going to turn into actual scams in the future.

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