What will be the next big industry move? - page 38.

traderethereum

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Quote from: Hamphser on January 11, 2022, 06:12:21 PM

Quote from: adzino on January 11, 2022, 04:00:04 PM

Quote from: Peanutswar on January 11, 2022, 12:57:11 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.

I could also say that this current pandemic situation did really put us up on a condition on where most people now are focused on digital world and thats what put up some emphasis on developing things which is attached

to it which i could say also that once we do go back to normal then less interest would really be putting on it once again but for now they hype and attention is really into this part which i couldnt really blame them off.

Hype and trend would die away and only potential ones or does have real use case would really remain and this is where smart investors/companies would really be that considerate.

When we back to normal conditions, people will still focus on the digital because they get something new than what they get in real life.
They can still use the old ways but they also use the new way to interact with the digital more often than before.
This pandemic brings a new situation to people and it supports by technology that can give them a new way to interact.
The gambling industry will give more ways for people to gamble because they can gamble in any place. If they are still at home, they can use their gadgets to visit the casinos and play gambling right away without anyone knowing.
It is what the companies can catch to serve those people to use them all of their days.
With more technology involved in our life, it can reduce our ways to socialize with others because we can use the technology to get them close to us.

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Quote from: adzino on January 11, 2022, 04:00:04 PM

Quote from: Peanutswar on January 11, 2022, 12:57:11 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.

I could also say that this current pandemic situation did really put us up on a condition on where most people now are focused on digital world and thats what put up some emphasis on developing things which is attached

to it which i could say also that once we do go back to normal then less interest would really be putting on it once again but for now they hype and attention is really into this part which i couldnt really blame them off.

Hype and trend would die away and only potential ones or does have real use case would really remain and this is where smart investors/companies would really be that considerate.

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Quote from: Peanutswar on January 11, 2022, 12:57:11 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

The trend that shall mix gambling and NFT, I don't think that's going to be another trend. There has been a lot of projects before the NFTs came that's integrated with gambling and close to the schemes of NFT but they did no good.

But it's quite too early to say that there won't be any success for another tries for this integration. Whatever they come up with another idea, they're for sure going to spend a lot of time thinking how to market it. Thus, it's another trend that has always been on the line and being liked by most of us.

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Quote from: Peanutswar on January 11, 2022, 12:57:11 PM

Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

All those you stated are currently just a "trend" and a "hype". Whenever a trend and hype goes away, everything slowly dies with them. I don't think "big industries" would make a move based on hype. It would be huge risk. But metaverse might become a thing since Meta (facebook) is trying to lead their way into it. But I don't think it is going anytime soon. The whole augment and virtual reality thing is still on the development stage and is far from perfect. And the pandemic won't stay forever. Once everything gets back to complete normal, highly likely people will forget about the virtual life.

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Quote from: Tumanggor on January 10, 2022, 04:32:53 PM

It is certain that gambling sites that are behind in technology will be forced to follow current trends if they want to continue to maintain their business

The hype about NFT and Metaverse is going to go on for a long time, this is a great opportunity for gambling business owners to introduce their loyal customers that their company is at the forefront of the gambling business.

It is the same as always, the casinos that evolve and adapt to the new technologies and circumstances will make a lot of money and will thrive, the casinos that are set in their ways and do not want to change will disappear.

It is as simple as that, and it is obvious that the NFTs and the metaverse while still on the early stages of their development are the next big move in the industry, so which casinos will come on top will depend on the execution and the integration of those two concepts in their operations.

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Most of the trend today is relayed on the world of NFT so there's an instance or chance might be they will adopt this kind of a trend right now afaik there's a thread too related to the Gambling and metaverse and also the virtual reality due to pandemic many people now are would like to entertain with this trends its the new meta of the gambling industry well looking forward on it lets see.

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Quote from: Silberman on January 10, 2022, 12:21:58 PM

Quote from: goldkingcoiner on January 08, 2022, 05:31:38 PM

Quote from: AicecreaME on January 07, 2022, 10:31:44 AM

I agree.

I don't like fiat either but still force on using it because we doesn't have a choice since the Government still uses it for corruption and of course manipulating the economy that leads to further conflicts like wars, etc... The future of gambling industry won't stick to the old style for sure because like us using fiat, they won't have a choice if fiat is gonna be phased out in the future, surely they will be force to adopt the latest form of payment which is cryptocurrency or electronic payment system.

That is exactly correct. If anything the whole matter is not what or how but rather when. Its going to happen, sooner or later crypto will become the next generation of money. It really should have happened sooner, we have been using the current monetary systems for too long. They are outdated and have been so, ever since the age of internet came. I cannot say how much crypto will stop corruption and wars but it will definitely help!

One of the only constants when it comes to human civilization is that change is always coming, and the ones that adapt the fastest to those changes are the ones that get the most benefits out of it, one example of this is bitcoin, there are still many people that resist the use of bitcoin and they do not want to adapt their ways as they think bitcoin is not going to last, however those that have adopted bitcoin the fastest are the ones that have obtained the most benefits, and this is a principle that applies to all markets and not only to this one.

Well you are partly correct, I say only partly because change is everywhere and adopting every change is not really a good strategy because most change ends up in a dead end and brings nothing revolutionary or innovative. So the adopters that do find something worthwhile and adopt it early, are really just lucky. Thats all it is. Luck. A lot of people got lucky and invested in Bitcoin when it costs mere cents.

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Quote from: Tumanggor on January 10, 2022, 04:32:53 PM

It is certain that gambling sites that are behind in technology will be forced to follow current trends if they want to continue to maintain their business

The hype about NFT and Metaverse is going to go on for a long time, this is a great opportunity for gambling business owners to introduce their loyal customers that their company is at the forefront of the gambling business.

The casino will research before implementing NFT and Metaverse to their site because they need to know what benefits they can give to their members. If that is about creating a new token that will not benefit their members, they will not try it instead of still using the old way that already can satisfy their members. Maybe the casino will find the other way to follow the current trend to attract more members to their site and I am sure the casino will always want to update their technology with the newest technology to give their best to their members.

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Quote from: Mamun74 on January 10, 2022, 09:22:51 AM

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

you are right and NFTs are growing a lot day by day
I'm curious to see if any gambling companies will include NFTs on their model
even if just POAPs as special prizes for winners

that could be interesting.

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Quote from: TimeTeller on January 10, 2022, 01:51:47 PM

Quote from: Tumanggor on January 10, 2022, 01:29:01 PM

Quote from: Mamun74 on January 10, 2022, 09:22:51 AM

~

As we are seeing now, some casinos are now adopting the concept of NFT and metaverse.
However, some old casinos are just happy for what they have because they have their loyal patrons in place already.
But, if these gamblers will find out that casinos with integrated NFT and metaverse concepts will give them good profits, they will surely flock to this kind of casino.
So yes, casinos should take a look also into this new hype as they may be left behind as our technology is getting advanced.

It is certain that gambling sites that are behind in technology will be forced to follow current trends if they want to continue to maintain their business

The hype about NFT and Metaverse is going to go on for a long time, this is a great opportunity for gambling business owners to introduce their loyal customers that their company is at the forefront of the gambling business.

Mahanton

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Quote from: TimeTeller on January 10, 2022, 01:51:47 PM

Quote from: Tumanggor on January 10, 2022, 01:29:01 PM

Quote from: Mamun74 on January 10, 2022, 09:22:51 AM

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

NFT can also be the fastest breakthrough for the gambling business

the concept could be that the player has to buy the NFT casino to play or those who have NFT can play slots a few rounds for free

NFT and Metaverse are things that gambling businesses should and will adopt, who refuse to adopt both will not be able to compete

As we are seeing now, some casinos are now adopting the concept of NFT and metaverse.
However, some old casinos are just happy for what they have because they have their loyal patrons in place already.
But, if these gamblers will find out that casinos with integrated NFT and metaverse concepts will give them good profits, they will surely flock to this kind of casino.
So yes, casinos should take a look also into this new hype as they may be left behind as our technology is getting advanced.

As a business owner then you wouldnt really let your business be out of date but on the current ways you are doing and still ending up profitable then you wouldnt make out some changes but you would eventually able to observe or notice if there would be something new in the market and your players count would really decrease out then it would really be just normal for you to have some considerations on making out some addition
or integration of those new things and as an owner you wouldnt really let things to be that way but instead you would go with the flow but as said it would depend because there are users
whom do prefer old things than new ones.

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Quote from: Tumanggor on January 10, 2022, 01:29:01 PM

Quote from: Mamun74 on January 10, 2022, 09:22:51 AM

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

NFT can also be the fastest breakthrough for the gambling business

the concept could be that the player has to buy the NFT casino to play or those who have NFT can play slots a few rounds for free

NFT and Metaverse are things that gambling businesses should and will adopt, who refuse to adopt both will not be able to compete

As we are seeing now, some casinos are now adopting the concept of NFT and metaverse.
However, some old casinos are just happy for what they have because they have their loyal patrons in place already.
But, if these gamblers will find out that casinos with integrated NFT and metaverse concepts will give them good profits, they will surely flock to this kind of casino.
So yes, casinos should take a look also into this new hype as they may be left behind as our technology is getting advanced.

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Quote from: Mamun74 on January 10, 2022, 09:22:51 AM

Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

NFT can also be the fastest breakthrough for the gambling business

the concept could be that the player has to buy the NFT casino to play or those who have NFT can play slots a few rounds for free

NFT and Metaverse are things that gambling businesses should and will adopt, who refuse to adopt both will not be able to compete

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Quote from: bbc.reporter on January 10, 2022, 12:19:03 AM

Another next big industry move besides my speculation of the possbility of incorporation of NFTs and the metaverse by the gambling services in the cryptospace is the adoption of algorithmic stablecoins as their main currency. Stablecoins like Terra’s UST.

Similar to the argument that stablecoins brought the Defi boom and NFT boom as mentioned in this article, it might also bring an opportunity for cryptogambling services to boom.

An algorithmic stablecoin is one that can keep its peg using only software and rules. If one ever works, it could scale infinitely, to whatever size an economy needs.

"To create USDC you need USD in the bank, and that works well if you're just starting out," Tan said. "What comes after, it's the right kind of monetary policy that allows stability and low volatility to allow people to trade ... if we can do that with math and we can do that with monetary policy, that's more efficient."

Without stablecoins, there would have been no decentralized finance (DeFi) booms, which means there probably would have also been no non-fungible token (NFT) boom. Stablecoins have been table stakes for what the industry has achieved so far.

Source https://www.coindesk.com/tech/2021/07/06/the-quest-for-a-truly-decentralized-stablecoin/

I have nothing against stablecoins, although they have their drawbacks, but I have great doubts about algorithmic stablecoins. I would never keep even a small amount in such coins as their very name implies their unreliability in certain situations. Maybe I am conservative in my views, but I believe that if you issue a stablecoin, then you should have 100% reserve for it. If you are issuing a stablecoin without full reservation, then simply call it a cryptocurrency or a token and not a stablecoin.

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Quote from: goldkingcoiner on January 08, 2022, 05:31:38 PM

Quote from: AicecreaME on January 07, 2022, 10:31:44 AM

I agree.

I don't like fiat either but still force on using it because we doesn't have a choice since the Government still uses it for corruption and of course manipulating the economy that leads to further conflicts like wars, etc... The future of gambling industry won't stick to the old style for sure because like us using fiat, they won't have a choice if fiat is gonna be phased out in the future, surely they will be force to adopt the latest form of payment which is cryptocurrency or electronic payment system.

That is exactly correct. If anything the whole matter is not what or how but rather when. Its going to happen, sooner or later crypto will become the next generation of money. It really should have happened sooner, we have been using the current monetary systems for too long. They are outdated and have been so, ever since the age of internet came. I cannot say how much crypto will stop corruption and wars but it will definitely help!

One of the only constants when it comes to human civilization is that change is always coming, and the ones that adapt the fastest to those changes are the ones that get the most benefits out of it, one example of this is bitcoin, there are still many people that resist the use of bitcoin and they do not want to adapt their ways as they think bitcoin is not going to last, however those that have adopted bitcoin the fastest are the ones that have obtained the most benefits, and this is a principle that applies to all markets and not only to this one.

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Quote from: AmoreJaz on January 09, 2022, 06:31:27 PM

Quote from: goldkingcoiner on January 08, 2022, 05:31:38 PM

Quote from: AicecreaME on January 07, 2022, 10:31:44 AM

I agree.

I don't like fiat either but still force on using it because we doesn't have a choice since the Government still uses it for corruption and of course manipulating the economy that leads to further conflicts like wars, etc... The future of gambling industry won't stick to the old style for sure because like us using fiat, they won't have a choice if fiat is gonna be phased out in the future, surely they will be force to adopt the latest form of payment which is cryptocurrency or electronic payment system.

That is exactly correct. If anything the whole matter is not what or how but rather when. Its going to happen, sooner or later crypto will become the next generation of money. It really should have happened sooner, we have been using the current monetary systems for too long. They are outdated and have been so, ever since the age of internet came. I cannot say how much crypto will stop corruption and wars but it will definitely help!

the bottleneck here is that most governments have no defined taxation laws yet when it comes to crypto gambling sites. fiat system may be outdated but this traditional payment system will not go away anytime soon. a lot of gamblers are still using it. remember, crypto users are still in small percentage as compared to global population. so it would really take long time before we see the majority of gamblers that will go into crypto

Guys, don't let us get this wrong. Cryptocurrency has the potential and concept to be the future payment system but it was not introduced by Satoshi to make the traditional payment go away and the last time I checked it was said to serve as an alternative payment system.
About the government not having a defined taxation law for online gambling it depends on the government's stance toward cryptocurrency because we have countries that are already benefitting from the online gambling site.

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I only think that the gambling industry will evolve to new things as many technologies will invent and develop by each developer.
It will attract many people to come to the gambling games and gamble using their money or want to see a new experience while gambling.
But besides that, it can cause more problems such as poverty, addiction, or else that can happen because the gambling effect can get inside of them and make them not stop from playing gambling

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Cryptocurrency and technology development increase day by day.I Think NFT will be move the next big industry. NFTs and metaverse by the gambling site in cryptospace in their main stable coin currency.

I believe it will be very much near NFT will be move in next industry.

Lucasgabd

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Quote from: madnessteat on January 08, 2022, 05:22:49 PM

Quote from: DoublerHunter on January 08, 2022, 04:48:52 PM

Definitely right, as a matter of fact, this innovation of internet communication is not for gambling only, there are too many usages using VR to look to be true using virtual reality gadgets. The Internet now is a part of the major necessities of the people, so I did not wonder it belongs to the innovation that people should be adopted. I love poker games which is very suitable if we can apply VR into it, it seems in reality that you have something to talk about in one room playing with other players. I think this is the next move that the most anticipated.

On the one hand I like the way technology is developing, but on the other hand it scares me what it may eventually lead to. Many people are so caught up in the Internet that their real life has become so boring that they prefer to spend most of their free time online and frankly I think this is not the right way to develop humanity. Although on the other hand, each of us has the right to choose what to do.

this! everything comes with positive sides and downsides
i believe we'll have amazing things with the new technologies, but if you check things like depression and anxiety they're at peak levels too, testosterone levels are lower, it'll be interesting to see the new dynamics of society in the future, curious about that.

I was having a conversation with a friend last week and he mentioned 1984 and Aldous Huxley, with
Comfort being now more important than truth.

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Quote from: Gosgosking on January 10, 2022, 02:17:27 AM

The gambling is a big industry that is growing bigger everyday despite the covid-19 challenge we are facing which is affecting so many organisations. But gambling industries is still on doing their business. The gambling industry is one of the fastest growing industry.

It's growing and with the integration of technology, there's a faster approach from the gambling industry. That's why there are speculations and ideas that are being discussed on this thread with regards to what's the next big thing in gambling. It's including the cryptocurrencies that makes it bigger these days unlike before when it's all about gambling, it's gambling alone and it's only with fiat. But look at how it is right now, the market has grown and it's one of the industry's biggest contributor.

Topic: What will be the next big industry move? - page 38. (Read 4730 times)