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.
That is precisely the issue, when I take a look at what is happening with this new way to gamble I think there is a lot of potential there but at the same time we do not know if that potential is ever going to be materialized and if it does when that could happen, after all many people that thought the same about bitcoin invested in it very early on only to sell their coins at the wrong time as they lost hope on bitcoin ever becoming as successful as they thought and something similar could happen here.