Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
Taskford
on 05/08/2022, 10:21:06 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
It's not yet the trend but it was started by the Fun token a token that's integrated by Freebitcoin, and it's listed on Binance and some of the top exchanges in the market, if the Fun token can do it, why not BFG and Owl I still believe on BFG's roadmap that their token will eventually land on Binance and other top exchanges if this happens many casinos will follow BFG's lead just like how they follow Fun token, I can't say on other token-based casinos but BFG and Owl so far are doing great in the market.

There’s a lot of Casino token before that start this trend and not just because Fun token being acquired by Freebitco.in starts everything. Many casino start this idea during 2017 ICO hype and even FUN tokens is one of them but they failed and just sold to Freebitco.in. I think the success of Betfury is what makes casino token become hot again. Betfury become trending there staking feature and rakeback using there BFG token. Many casino follow after that.

All the success earned depends on the performance provided by a casino since if they just follow what features added by Betfury without putting any substance on their own casino then maybe they cannot replicate what starting success accumulated by BFG. So for creating a good pathway unto their tokens maybe they show good performance yet because this one could market their tokens.
All matter indeed with its company but usually most of the time it wont really be that much accurate since ive seen some platforms which does really do well in terms of service but their own based token didnt

really increase that much which does means that they are really that not connected and it would always matter with peoples or community demand on a certain coin but if said company would be popular

and do make out further developments or simply made out some exceptional performance against other competition and make themselves  the best then expect it would  contribute out
for the said coin value.

Sometimes the market condition badly affect those tokens but we can still look after with them if their casino is performing well since for sure the developers of it will find ways to find other more usage to create more demands. For now we see a lot of them got dump and we can see which of them became more relevant one we see the market recovers and also with those tokens to.