Post
Topic
Board Gambling discussion
Re: Metaverse x Gambling
by
uneng
on 09/09/2021, 05:01:49 UTC

Yeah, I see plenty of gamblers trying out NFT games because it's currently fresh.

But I'm not sure about the long term prospects after this initial phase of "freshness".

People will still likely prefer to play the traditional games, and those who prefer NFT games will simply be in another category altogether. I doubt there will be a significant overlap between the two groups.

The long term is in jeopardy because the current NFT games that have the fastest ROI are having some huge problems after few weeks of starting the game. Because their rewards are always drained and the players are multiplying this is one of the problems that they've been facing right now especially those games that focus on play to earn without having daily quests or any activities to make their players have some fun without focusing on the earning features. As soon as they run out of rewards, they close the earning features like what we see right now on Cryptoblade. No one really knows if they come back again.

I completely agree.

This is the problem with these new technologies that have just entered the space.

It's clear that they have a lot of potential and can completely change the landscape of the gambling industry, but no one knows exactly how or when. Right now the long term outlook for these things is still quite uncertain I think, but I do think that metaverses have the potential to disrupt and casinos who innovate first will reap the rewards.
I think Cryptoblades isn't measurer for anything. That "game" was a ponzi since the beginning. It was just a browser website artificially inflated in a very short time period without any real gameplay or action. Furthermore there was no logical way to explain how that project could be so successful. It can't be compared to real mmorpgs or casino games.

Regards the mentioned metaverse from Decentral Games it's totally different, because there are actually casinos games which people will play and earn tokens. Those who want to cashout their free earnings will have this option, while those who want to keep playing will have the possibility of doing that as well. It looks a good concept for me that will unite gamblers, micro earners and investors (staking will be also disponible) in a single place.