Post
Topic
Board Gambling
Re: 🎲EarnBet.io - The First Player-Owned Casino 🎲Provably Fair 🎲BTC ₿
by
CryptoCheckk
on 02/04/2020, 11:03:47 UTC
+1 I know that feel, lol

First of all, they are actually operating on both EOS and WAX (so they never actually left). EOS accounts still work fine.
Yea, but BET token is now WAX token right?

Second: WAX gives them great and fast transactions at a fraction of the costs. But actually I don't even care so much about that. The main point is not a single REAL gambler cares about what back-end a casino works on, as long as it works.
This argument is compelling if there is no BET token, and the crypto community is blockchain agnostic. After the migration, I believe many users think that BET token is a WAX token, therefore not worth investing.

The team needs to educate the masses at this point, which is difficult.

Now that the hype has settled only the real players are left. From this point EarnBet has to build real volume that is not based on hype.
Similar to this view, I think BET token is not sexy anymore, with the price drop and stuff mentioned above. I think this casino needs a unique game to attract new users. I mean, I know the existing games were underrated, but they need something unique/special.

I think BET tokens should not be the big selling point as it's more of an investors kind of asset. Real gamblers would not care so much for it (some might, some might not). I think they should continue building the casino (and they are doing just that so that's good). Yes more games, preferably something unique would be great, but don't forget that having a 100% on chain casino with common games is already pretty unique in the world.

I would like to see them keep doing what they are doing, which is building the casino further, slowly ramping up the PR/Marketing as the casino matures. I'm sure they will gain some traction doing this as being a fully on chain casino is already unique in itself as that makes it trustless compare to centralized casino's. And yes if they really want to get BIG something unique that is not technical (being on chain/blockchain = technical) would be needed. But since it's only been 1.5 year we still have a long way to go before I expect those things to come.

Here (in crypto space) it's more about people's expectations being too unrealistically high on how fast investors can expect big profits. To them I would like to say, come back in 3-4 years and see how much profit you have if you own BET or could have had if you don't own it. Of course losing money is also a possibility, but looking short term (1.5 years) is to be expected to have not yet gained a profit or even sitting at a loss. In about 3-4 years we can have a real good look on how EarnBet is doing. The hard part is predicting now how it will be than. That's the risk investors take. I for one believe EarnBet will get bigger and divs/BET value will increase over this period. And unless I see a big change downwards in the teams effort and quality releases I will stick with my investment till at least another 3-4 years before I'll consider cashing out.