Topic: Will NFT bring any change in crypto gambling industry? (Read 1192 times)
NFT is seriously making name for itself in the gaming industry and it's on the verge of turning the game visualisation into unique features. It's more exciting playing against some crucial players by winning some awards or tokens. It amazes me to see how far NFTs have gone in the gaming industry. So many new projects are adopting it to their roadmaps
Nft has now become the order of the day presently. Whereby you can create something unique and original with your computer system without stress.
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For those that are wondering how to go about creating their original image of NFT, worry less as you read this guide on how to practice making your own NFT.
Website to guide you on how to make your own NFt is dogermint.com/dogeparty/
NFT system should work for gambling since it's still a game but I'm not so sure about the adoption part because we can't really compare gambling with video gaming, gambling is striving to make more money but gaming is having fun and making money still in the process, anyways only time will tell
If you are going to ask me then I think that I would agree that the NFT feature is a revolutionary idea that was made into one of the most exciting digital piece that can be owned by investors. Many people has been creative in making NFT's a reality and it became a game changer in the crypto world. All I can see for NFTs in the gambling industry is to use them possibly as prices to the gamblers. Of course gamblers would prefer cryptos instead of NFTs but that might change in time.
Gambling is different from gaming and the only thing nFT do better at is gaming, the reason behind high demand is because NFT tokens can be used as in game purchases not gambling and I haven't seen NFT gambling projects before
I think NFT is applicable to any content that have "playable" style on it. We could just easily imagine that people are betting their NFT to gamble for another NFT. So i think it's really reliable if NFT implemented to a gambling system, but i also haven't heard about gambling project who adopted it yet but it could.
Gambling is different from gaming and the only thing nFT do better at is gaming, the reason behind high demand is because NFT tokens can be used as in game purchases not gambling and I haven't seen NFT gambling projects before
Maybe not a major impact to crypto enthusiasm because there are a lot of people who don't play gambling since it is a place to washout money instantly. Although a place to earn money instantly also just by bits and luck. For people who wants or love playing gambling, probably they will love it and NFT will change their way of playing.
if you think that many in-game markets will open access to NFT for their goods, then definitely not on ETH and not in the close future. How are you going to make purchases, for example games? With such a commission, it is simply impossible, well, or even if you take some in-game items like in CS:GO. No one will agree with the purchase to pay fees of 1000% on the value of the item. Perhaps some projects will offer some kind of concept to large companies, for example Near or Solana, their blockchains may well be suitable for introducing NFT into games. But personally with ETH it is impossible to do this.
I believe that NFTs will be important in the gambling industry; I see a lot of good use cases for NFTs in gambling if gambling platform developers become more creative and idealistic. If they're making a gambling game, or a card game, their cards can be NFTs that can be wagered on. If you check NFTs in the gaming industry, it's being used to play the game and earn some money so if we are using that idea, we can also use NFTs in order to win some extra in gambling games or use it as an asset for betting.
maybe the concept in NFT will be used in the crypto gambling industry, I think it's a very good concept that has been applied by NFT developers, in other words NFT is the art of gambling in crypto or NFT will only be a "payment" method in online gambling games
As many of you might be aware of NFTs as it is getting a lot of attention from the crypto community. People are selling digital goods, artworks, gamea and unique things for millions of dollars. Even Elon's Partner has joined the bandwagon and already earned few millions. As of now, NFTs are only popular in digital marketplaces to mark the ownership of an asset through blockchain.
Now from where I see, NFT has a very good potential to be used in MMORPG games and fantasy sports segment. Even big developers like UBISoft has shown interest in NFT. Since NFT concept is very new we still have many unexplored areas of application.
Do you think NFT concept will be used in crypto gambling industry in near future? What change it will bring into this industry? Let's discuss!
You received a lot of answers that do not address gambling so I will. NFTs in gambling could be used as rewards for playing that could be used to increase your odds or allow you to access high roller tables etc. like being a VIP at a casino in Vegas. Custom playing cards could be collected as NFTs. NFTs could be gifted to players when they withdraw from a casino like mixercasino dot com, which will use 0xMR token. Now from where I see, NFT has a very good potential to be used in MMORPG games and fantasy sports segment. Even big developers like UBISoft has shown interest in NFT. Since NFT concept is very new we still have many unexplored areas of application.
Do you think NFT concept will be used in crypto gambling industry in near future? What change it will bring into this industry? Let's discuss!
I discovered REALFEVR
guys are making football NFT moments
I think NFT will be hyped in coming years
guys are making football NFT moments
I think NFT will be hyped in coming years
Now from where I see, NFT has a very good potential to be used in MMORPG games and fantasy sports segment. Even big developers like UBISoft has shown interest in NFT. Since NFT concept is very new we still have many unexplored areas of application.
Do you think NFT concept will be used in crypto gambling industry in near future? What change it will bring into this industry? Let's discuss!
Anything that needs preventing counterfeiting and decentralized storage for preventing manipulation then blockchain must be a good platform for them to host. I guess this is what exactly happening right now with NFT things. But, when billionaires will be participating, I could foresee where this trend will land in very short period of time itself.Do you think NFT concept will be used in crypto gambling industry in near future? What change it will bring into this industry? Let's discuss!
Already some gambling developers started showing implementing NFT with respect to gambling approach definitely a good news to have. Still, I wonder how I am going to make use of the merge of NFT and gambling. At least this new approach of gambling get me some profits or will remain as usual gambling...
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NFT has been there since then. Many actually tried to create NFTs related to Gambling, however, it didn't take long when they got eliminated because of the gambling industry’s regulations besides, it is really irrelevant to the Gambling industry. The relationship between the two is too far to be connected.
Tokens being considered as poker has been there before, but again, it did not take long. I’m just looking forward to the regulatory board to at least give chance for alt tokens to be used as chips in digital gambling platforms. But the percentage of the change is very much low.
Tokens being considered as poker has been there before, but again, it did not take long. I’m just looking forward to the regulatory board to at least give chance for alt tokens to be used as chips in digital gambling platforms. But the percentage of the change is very much low.
NFT offers a lot of opportunities especially to the gambling industry. Imagine a new form of gambling where you use avatars that are powered by NFT, which could help decide how much you can earn per win, or just plain simple rewards given in the form of NFT cards, wouldn't that be cool? This is just the surface of what NFT could really provide for gambling, and of course as time goes by people will find novel and innovative ways to integrate NFT into their gambling system.
I could get behind the second one, where you are rewarded for winning but the first seems like a pay to win scheme in my opinion, having your NFT decide how much you are winning doesn't leave a good taste in my mouth. I would love if NFT could be used as a reward for games or maybe even a prize for a lottery. 
paraphrasing... thats quite common here this thread gets already a number of pages, most of them are just random opinions, and maybe from these last 2-3 pages mist of them are just like that,...
So nothing to do here, just let them be. (JM2C)
So nothing to do here, just let them be. (JM2C)
That's what happens in most topics here
OP should close this topic, because there not too much thoughts and some people already told their opinions two or three times in a row. Like me (joke. I only wrote here two times
). Bitcasino.io doing good here: open question topic and close it after 5-10 pages.
Benefits of reading a forum where people post only to get paid.
Most of the time I feel like I am talking to the bots. If the admin is OK with this current situation, there is nothing I can do to change it. The show will go on, people will get paid and more junk will get posted. Horraay.This forum is just like the US economy. (fake)
Sorry for bumping this up since this had been almost 20 days gap in response but i cant just deny on whats the reality we are facing on but since this is an off topic then
better create threads in related to this manner.
On topic reply about NFT's on bringing up some changes then i dont think for it to be that relevant.They might be applied but wont really
be mainstream.
NFT offers a lot of opportunities especially to the gambling industry. Imagine a new form of gambling where you use avatars that are powered by NFT, which could help decide how much you can earn per win, or just plain simple rewards given in the form of NFT cards, wouldn't that be cool? This is just the surface of what NFT could really provide for gambling, and of course as time goes by people will find novel and innovative ways to integrate NFT into their gambling system.
I don't know if it would work. First we need to have sure NFT reward cards would really price something, otherwise it doesn't worth to risk money betting to win them. And to invest in NFT avatars to decide how much to earn from bets isn't advantageous as we can already set our betting configurations at every crypto casino. Furthermore, if casinos start promising too many advantages through NFTs there is a serious chance they aren't going to be able to pay everyone in the end.
NFT offers a lot of opportunities especially to the gambling industry. Imagine a new form of gambling where you use avatars that are powered by NFT, which could help decide how much you can earn per win, or just plain simple rewards given in the form of NFT cards, wouldn't that be cool? This is just the surface of what NFT could really provide for gambling, and of course as time goes by people will find novel and innovative ways to integrate NFT into their gambling system.
Just like how NBA cards did get a hype back in the '90s but there are still collectors of those rare cards I think the NFT's digital asset will sure embark into something great like what NBA cards have made for itself, but this kind of gimmick might not be for everyone else but for some fans and collectors of that certain NFT's, and right now I am playing Alien Worlds that could get you rare and epic cards that you may collect, bought and sold depending on the rarity and dependent for the game itself.
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I wonder if the end of the excitement around the NFT coincides with the end of the excitement around the DEFI, will this lead to a fall in the entire market? These two areas (especially DEFI) have had a very strong impact on the entire crypto market and led to significant price increases.
I am not optimistic about the DeFi market and i am still expecting that they would crash eventually but NFT can be a real game changer for real artist where they can own the original masterpiece in a blockchain which can be unique and that is what is fetching insane amount of money in the market. May be we might not see insane amounts in the future but the digital art market will have a face lift which included the gaming industry especially online gaming.
NFT will crash if a new trend is coming. And as usual, the latest trend will replace the existing trend and attract people to invest in their project. So maybe right now, NFT is trying to search for the opportunity to attract people attention to come and invest in their project as they will bring a new experience to the gambling industry. We do not know NFT can be the potential to give more chances to crypto to boom because people will always search for that opportunity to make money.
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