Topic: Will NFT bring any change in crypto gambling industry? - page 8. (Read 1192 times)
I think the influence largely depends on whether NFTs indeed become the next big thing. There's a lot of hype now, but it might be temporary. If, however, this is just the beginning, there can be various use cases. For instance, there could be bets on the price of a particular NFT at a particular point in time; there could be sports-related NFTs (potentially) that boost the popularity of some teams. But I think that gaming rather than gambling is likely to become more affected with NFTs because many games rely on digital items heavily already, so it could be a way to expand for them.
If I understand correctly, NFT is a digital art. It has no real usage and their value is determined only by demand. I dont understand what kind of changes NFT could bring, but I think it will be similar to skins in esports. Players will trade them just to look different or stand out.
In my opinion, NFT will be just another "payment" method in crypto gambling. And it will be used most in PvP gambling games only.
In my opinion, NFT will be just another "payment" method in crypto gambling. And it will be used most in PvP gambling games only.
Those who would benefit from the NFT's are probably those with unique winning bets or the casino itself.
In another thread here it was mentioned that Atari is planning an online casino where many of their classics can be played. This would definitely be an opportunity to make more money with NFTs. Imagine Atari releasing a limited edition artwork of their most famous games as NFTs ... there would be a lot of buyers here in my opinion.So in a combination with crypto casinos, I actually see a market for NFTs. I don't know if Bustadice should also offer an NFT, but for brands that are known beyond the crypto scene - like Atari - it definitely makes sense.
Those who would benefit from the NFT's are probably those with unique winning bets or the casino itself.
Imagine someone well-known in the gambling industry, let's say the winner of WSOP events. He can sell the video of him winning or something like that. Since NFT is relatively new, it's still won't be well known, but the value of NFT would be dependent on how famous the person is. It's always going to be linked to that.
Premium things would be ideal, like the first poker bet, number 1 bet on a specific site. That could be an ideal NFT. If someone is going to buy it, it will have value.
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.
Imagine someone well-known in the gambling industry, let's say the winner of WSOP events. He can sell the video of him winning or something like that. Since NFT is relatively new, it's still won't be well known, but the value of NFT would be dependent on how famous the person is. It's always going to be linked to that.
Premium things would be ideal, like the first poker bet, number 1 bet on a specific site. That could be an ideal NFT. If someone is going to buy it, it will have value.
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.
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!
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 don't think it will bring a radical change to the crypto industry even in the long run but I agree with you it can have a huge success in being used in games where you have to buy things to upgrade your player,Steam should think about this as it can also be a successful addition there.
Sorare players trade cards for thousands of dollars already. I think the NFT collectibles market is going to explode in popularity soon.
I think that NFT can change how we play in gambling although it won't be for a lot of games, maybe they will introduce NFT chips in poker where you have the chips have a corresponding value and the only way for them to grow in value is when they are being used in poker matches. NFTs can be used as a means of payment for almost any games that I can think of in any online casinos. Also, Elon doesn't have a wife, he is divorced and his current partner is Grimes meaning that they aren't yet husband and wife, but that is not the point, the ones who get in the NFT bandwagon first is definitely seeing a big profit.
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!
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!
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