Post
Topic
Board Gambling
Re: Investing in Casino tokens such as BFG, OWL or TFS
by
johhnyUA
on 02/09/2022, 21:47:39 UTC
If I considered to buy casino tokens as an investment in mid-lond term I should check for the following:

1) Legal: Where is the casino registered? Do they have a license in their respective country? Do their country manage scam/fraud cases in an effective way?
Who are behind the casino and the creation of the token? Have they worked in any crypto before, or any casino before? Do they have proven reserves of cash?, etc.

After first question, all other questions doesnt make any sense. Because if casino is registered in respective country (like UK), it will never create any token of it's own. Because from the last time we know that SEC and other governments consider altcoins as a stocks. And they will not allow to create it without proper control.

So if casino emitted it's own token, it means that first question is false