Quote from: ultrloa on August 29, 2022, 09:59:02 PM

Quote from: Wiwo on August 29, 2022, 09:45:11 PM

Quote from: Hamza2424 on August 29, 2022, 09:33:15 PM

Better much better, I think you have made a decent research about it. But i dont see any long term majour scope in holding casino tolens asking again here. Must need to know that Alts just work as side move of BTC and new revolution introduction of new concepts of real world in crypto. Implementation is always a bright part of project so you need to know scope is always in potential alts others are just bluff of hype.

You are right in a way though, but what makes owl token different from any other casino to mend is the fact that they have a staking service that enables holders of the women to stake them and make passive income from the staking rewards, so since owl token is relatively stable in price it becomes better to stake them for long without much worries about market volatilities and its impact on your investment.

I think this staking is common utility for tokens and many created this but some of them still failed to give good boost on their token price. But still this is good addition since it will lesser the selling pressure created by people who cannot wait for further developments. And I think people still consider the volatility since you get nothing if the price dump and your long wait will be turn to waste so they need more good usage for their token so that people will not think about dump it when they receive some.

Staking is a very useful tool for regulating token markets.
And rightly so, many devs are making staking opportunities on their tokens. There is also an important psychological moment. Any person is always pleased to see that the amount in the account has increased. And of course, staking is a powerful tool to reduce the exchange and over-the-counter turnover of tokens, which makes the token price more stable.
I have always been positive about staking opportunities, even with the usually small percentage growth in the number of tokens.