Will NFT bring any change in crypto gambling industry? - page 2.

UmerIdrees

hero member

Activity: 2422

Merit: 875

Quote from: KTChampions on April 02, 2021, 11:08:40 AM

Quote from: tyz on April 02, 2021, 05:17:44 AM

The point is, the hype cycles are getting shorter and shorter. DeFi is almost over and NFT is near its high or already slightly above it. In the high phase, such tokens are then offered for all possible applications, whether it makes sense or not.

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.

Defi is decentralized finance which can never die if the crypto is to be adopted. NFT will also be used for digital paintings etc but its not that everyone will be using the NFTs. I think defi is here to stay although i have some doubts about the NFTs.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: johhnyUA on April 02, 2021, 04:29:53 PM

Quote from: cabalism13 on April 02, 2021, 02:55:47 PM

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)

That's what happens in most topics here Grin

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 Grin

).

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. Cheesy

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)

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: ene1980 on April 02, 2021, 04:14:41 PM

Quote from: KTChampions on April 02, 2021, 11:08:40 AM

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.

I have the exact opposite opinion - I can understand the applicability of DEFI

but I do not fully understand the applicability of NTF - this is just a secondary confirmation of the uniqueness of something in digital form. If the game developer (for example) adds copies of unique digital items in the game that were protected by the NTF, then it turns out that this protection is nothing more than fiction.

magneto

hero member

Activity: 1666

Merit: 753

I don't see much of a usage case for NFTs tbh.

There is simply no utility for it. Why in the world would anyone need a NFT to certify that they own a certain in-game item? If the game developer does not honour the legitimacy of the NFT, then there isn't going to be any value associated with it anyway.

In essence, it's something that's marketed as decentralised, but in reality its value is still completely centralised in the hands of the service provider - not something I would personally drop millions of dollars on.

johhnyUA

legendary

Activity: 2436

Merit: 1849

Crypto for the Crypto Throne!

Quote from: cabalism13 on April 02, 2021, 02:55:47 PM

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)

That's what happens in most topics here Grin

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 Grin

).

Bitcasino.io doing good here: open question topic and close it after 5-10 pages.

ene1980

hero member

Activity: 2002

Merit: 535

Quote from: KTChampions on April 02, 2021, 11:08:40 AM

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.

cabalism13

legendary

Activity: 1428

Merit: 1166

🤩Finally Married🤩

Quote from: mindrust on April 02, 2021, 01:06:26 PM

Quote from: ?? on ??

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

If you can't see any way to use NFT in crypto gambling and can't imagine how NFT cards would work... how can you say there is potential?. :d What you said doesn't make any sense. If you think there is any potential, then you must have understood the possible use cases for NFT which you already admitted that you don't.

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)

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: tyz on April 02, 2021, 05:17:44 AM

Quote from: tabas on March 27, 2021, 06:48:15 PM

Exactly but before who are the people that will invest in NFT related to gambling, what shall be the application of it.
But just as the guy who bought beeple's nft, if there is a really rich person that just wants to show support to the community, he might do it.

The point is, the hype cycles are getting shorter and shorter. DeFi is almost over and NFT is near its high or already slightly above it. In the high phase, such tokens are then offered for all possible applications, whether it makes sense or not.

I agree that the time gets near for it to have its hype end. I've read one of the richest person who bought himself NFT, he has a use for it but it will be included to his virtual game or world as display for the project he's working on. But on gambling sites, I don't think that there's a necessity for such.

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: ?? on ??

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

If you can't see any way to use NFT in crypto gambling and can't imagine how NFT cards would work... how can you say there is potential?. :d What you said doesn't make any sense. If you think there is any potential, then you must have understood the possible use cases for NFT which you already admitted that you don't.

KTChampions

legendary

Activity: 2478

Merit: 1951

Leading Crypto Sports Betting & Casino Platform

Quote from: tyz on April 02, 2021, 05:17:44 AM

The point is, the hype cycles are getting shorter and shorter. DeFi is almost over and NFT is near its high or already slightly above it. In the high phase, such tokens are then offered for all possible applications, whether it makes sense or not.

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.

passwordnow

hero member

Activity: 3108

Merit: 577

Leading Crypto Sports Betting & Casino Platform

Quote from: Reatim on April 01, 2021, 11:39:31 PM

Quote from: passwordnow on April 01, 2021, 04:26:32 PM

Quote from: ?? on ??

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

It's hard to think but maybe those moments when they've started like first bets, first cashout, first withdrawals, first tournaments. Just like those tweets that was put into auction as an NFT. Memorabilia I guess and only those loyal folks that has tons of money will be able to buy for it. Maybe they could also set up some competition on whom will take the most NFT that will be produced by that casino. I can't also think of it.

Gambling always open everything that can bring funds one way or another , so basically this will help in some ways.

Yeah, let's say that it can bring funds to them or at least another way of making money but through how they're going to implement this to their casinos?
A lot of questions are being made and we all can just speculate until a casino starts to make it on their own and answer that question. So far, there's no casino that have done it so we're still going to be around speculating about it.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: bitzizzix on April 02, 2021, 04:29:34 AM

Quote from: michellee on April 02, 2021, 03:38:29 AM

Quote from: dunfida on April 01, 2021, 03:14:17 PM

Quote from: michellee on April 01, 2021, 12:50:47 PM

Quote from: Swopon on March 31, 2021, 08:49:42 PM

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

We do not know for sure because the NFT just starts and we need more time to know if NFT can become the next trend in the gambling industry. If we can not compare to bitcoin and the other top 10 coin position list because NFT is just a newcomer in the crypto world, but we will see what will happen to NFT later. So we need to wait for a while and still try to do the things that we did before.

Yes, it is too early for NFTs to enter the gambling industry and whatever is trending in the crypto world will definitely be promoted with the gambling industry.
We don't know in the future whether this is just a temporary trend and if there are significant developments whether to enter the world of gambling, we will see further developments with the NFT and to beat the top bitcoins and coins in my opinion it is impossible and not that fast.

But if we check on the history, usually, if a new thing comes to the crypto, it will booming temporary and invite many investors and invest their money in that thing and then that thing is ended. So NFT can be a new baby born in the crypto that can boom and be the next trend and attract more people to invest in that project. But this time, I hope the investor and people will not be too greedy to make a big profit and stay away from scams that will always try to scam them.

tyz

legendary

Activity: 3360

Merit: 1533

Quote from: tabas on March 27, 2021, 06:48:15 PM

Exactly but before who are the people that will invest in NFT related to gambling, what shall be the application of it.
But just as the guy who bought beeple's nft, if there is a really rich person that just wants to show support to the community, he might do it.

The point is, the hype cycles are getting shorter and shorter. DeFi is almost over and NFT is near its high or already slightly above it. In the high phase, such tokens are then offered for all possible applications, whether it makes sense or not.

Swopon

copper member

Activity: 700

Merit: 120

Gamdom

Quote from: bitzizzix on April 02, 2021, 04:29:34 AM

Yes, it is too early for NFTs to enter the gambling industry and whatever is trending in the crypto world will definitely be promoted with the gambling industry.
We don't know in the future whether this is just a temporary trend and if there are significant developments whether to enter the world of gambling, we will see further developments with the NFT and to beat the top bitcoins and coins in my opinion it is impossible and not that fast.

Yes, it is too early and I agree with you it needs more time to get stable then it can enter into the gambling sector. But one thing can be mentioned here that temporary thing can be permanent one and I believe everything is possible in cryptocurrency world. NFT will be more popular as my visionary mind says.

bitzizzix

sr. member

Activity: 2366

Merit: 448

Enjoy 500% bonus + 70 FS

Quote from: michellee on April 02, 2021, 03:38:29 AM

Quote from: dunfida on April 01, 2021, 03:14:17 PM

Quote from: michellee on April 01, 2021, 12:50:47 PM

Quote from: Swopon on March 31, 2021, 08:49:42 PM

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

We do not know for sure because the NFT just starts and we need more time to know if NFT can become the next trend in the gambling industry. If we can not compare to bitcoin and the other top 10 coin position list because NFT is just a newcomer in the crypto world, but we will see what will happen to NFT later. So we need to wait for a while and still try to do the things that we did before.

Yes, it is too early for NFTs to enter the gambling industry and whatever is trending in the crypto world will definitely be promoted with the gambling industry.
We don't know in the future whether this is just a temporary trend and if there are significant developments whether to enter the world of gambling, we will see further developments with the NFT and to beat the top bitcoins and coins in my opinion it is impossible and not that fast.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: dunfida on April 01, 2021, 03:14:17 PM

Quote from: michellee on April 01, 2021, 12:50:47 PM

Quote from: Swopon on March 31, 2021, 08:49:42 PM

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

We do not know for sure because the NFT just starts and we need more time to know if NFT can become the next trend in the gambling industry. If we can not compare to bitcoin and the other top 10 coin position list because NFT is just a newcomer in the crypto world, but we will see what will happen to NFT later. So we need to wait for a while and still try to do the things that we did before.

Reatim

sr. member

Activity: 2828

Merit: 357

Eloncoin.org - Mars, here we come!

Quote from: AicecreaME on April 01, 2021, 10:55:06 PM

Quote from: crwth on March 11, 2021, 03:31:54 AM

<...>
That's just my view on it. It's still too early to say, but it's going to grow, IMO. Not too much in the gambling industry but in other sectors, probably.

I totally agree with this.

As I've seen in different NFT's platform, art and games are the ones who's using NFT that much, and many people are earning money on it especially in arts, like photography or even painting. But it has to be unique in the market so it could be easily sell to someone who'll have interest on it or else you'll just going to waste the gas fee in converting your art into an NFT and sell it in the market.

yups , And Yesterday Even @Theymos ride the Popularity of NFT to Aprils Fool day Grin

NFT is fast growing platform now ,w e can see so much thread about this one and we can also see the growing market continues.

Gambling is one of the most active and expensive place to circulate the coins and NFT find this to become a target.

Quote from: passwordnow on April 01, 2021, 04:26:32 PM

Quote from: ?? on ??

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

It's hard to think but maybe those moments when they've started like first bets, first cashout, first withdrawals, first tournaments. Just like those tweets that was put into auction as an NFT. Memorabilia I guess and only those loyal folks that has tons of money will be able to buy for it. Maybe they could also set up some competition on whom will take the most NFT that will be produced by that casino. I can't also think of it.

Gambling always open everything that can bring funds one way or another , so basically this will help in some ways.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: crwth on March 11, 2021, 03:31:54 AM

<...>
That's just my view on it. It's still too early to say, but it's going to grow, IMO. Not too much in the gambling industry but in other sectors, probably.

I totally agree with this.

As I've seen in different NFT's platform, art and games are the ones who's using NFT that much, and many people are earning money on it especially in arts, like photography or even painting. But it has to be unique in the market so it could be easily sell to someone who'll have interest on it or else you'll just going to waste the gas fee in converting your art into an NFT and sell it in the market.

passwordnow

hero member

Activity: 3108

Merit: 577

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

Well honestly speaking I can't see any way to use NFT in crypto gambling other than events and anniversaries or something. It can definitely be something only with gambling over card games. But I can't personally imagine how NFT cards would work either. But there is potential.

It's hard to think but maybe those moments when they've started like first bets, first cashout, first withdrawals, first tournaments. Just like those tweets that was put into auction as an NFT. Memorabilia I guess and only those loyal folks that has tons of money will be able to buy for it. Maybe they could also set up some competition on whom will take the most NFT that will be produced by that casino. I can't also think of it.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: michellee on April 01, 2021, 12:50:47 PM

Quote from: Swopon on March 31, 2021, 08:49:42 PM

NFT is a new hype in the crypto market and it can be used in gambling sector too. Gamblers can sell the event of winning or something like that. Basically, NFT is a new trend and it js getting popular day by day. So, it may bring some change in crypto gambling industry but not radically.

If NFT can explode and become a new trend in the crypto gambling site, it can change the gambling industry as people can use NFT for playing gambling. But we will see if NFT is just a temporary trend or it can continue in the future because that will depend on how people support NFT to be used for playing gambling. But still, bitcoin and altcoin are more popular than NFT, and I think people prefer to use them to play gambling.

Its just a new hype and i dont see any reason for this to become the new trend or could really be applied or integrate on gambling industry.
Sure well they are really making some noise now but nothing beats up Bitcoin and some top alts with this aspect.I dont see any change if there one then
i wont be surprised because community could really support anything in a snap and become the standard thing.

Topic: Will NFT bring any change in crypto gambling industry? - page 2. (Read 1223 times)