Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
traderethereum
on 05/08/2022, 08:26:46 UTC
Despite the downturn those two manage to survive and still standing, but likewise, with owl they needed to take care of this concern it will be huge damage to the project and to the business itself if they can't solve this the way it should be, while with BFG, this asset still gives decent stake rewards a passive benefits to all those who believe and trust the project. More on your own definition of investment and how you handle the pressure and risk.
Luckily, all casino projects with their own tokens can still survive in the current situation and conditions because it is difficult for newcomers.
I'm sure the casinos that own the tokens will do something to make sure their tokens can get a good position in the market.
And one way is to offer rewards for those who want to use the tokens as an investment in the casino.
We have seen examples of investing using tokens; some can succeed in getting more investors because the team can be active and explain the benefits of the investment program.
Now almost all casino site deployed there own token and they giving token free to there users and also giving token to outside as airdrops. It it there new marketing way for attract new gamblers on there site . It is normal marketing way now
Maybe it looks normal but if the free tokens can't penetrate the market, the existence of the free tokens will be of no value because users can't use the tokens other than just for gambling.
If they want to sell the token, it will probably be in trouble as no market has traded for that token.
Maybe the casino can provide a solution for this and keep trying to register their tokens with the biggest trading sites so that their tokens can get more investors.
And supported by a solid team, they can promote their tokens to various websites to attract other investors.