Quote from: X-ray on Today at 12:25:22 PM

Quote from: Hispo on September 04, 2022, 10:58:12 PM

Perhaps people do not want to sell their tokens ot they are staking most of it?
At least the liquidity does not look bad...

The main problem that faced not only by owl token but whole of gamblings tokens that available in the market. These kind of tokens are always lack of liquidity. I didn't even know why such thing was happening when i were seeing so many hype around it in the past. I saw that so many gambling tokens have almost zero liquidity even these tokens traded in some exchange sites. It seems like that people didn't wanna put their money on this kind of token or something else.
The liqudity can be seen as demand to the tokens as well.

The thing is that when comes tokens they are all about utility, not medium of exchange, because we already have Bitcoins are other altcoins with very good liquidity and listing all over the crypto ecosystem which function as medium of exchange. So all the interest for this tokens lies on the appeal they may have for gamblers, casinos need to create a demand for these tokens within their on webpages and games.

They could create some exclusive games where players could only gamble their native token or something similiar, in short, give a reason for people to buy/sell them, increasing volume and liquidity. Perhaps what happens is that were are a very early stage for these kind of assets, as far as I know Bitcoin in its early days did not have much liquidity either, all this would depends on the capacity of the casinos to keep the tokens alive, specially big casinos (which are the ones able to afford appealing perks) in case they decide to mint theirs.

Quote from: Strongkored on September 06, 2022, 07:33:05 AM

Quote from: Hispo on September 05, 2022, 06:51:18 PM

Quote from: Newlifebtc on September 05, 2022, 04:02:15 PM

Quote from: Hispo on September 04, 2022, 10:58:12 PM

-snip-

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Owl token is also traded on MEXC centralized exchange https://www.mexc.com/exchange/OWL_USDT but volume is very low less than $100 in 24Hr, not a pleasant sight even though many keep it for staking but if the trading volume is low this indicates that this token is not very well known...

Thanks for letting us know, it is a good step a centralized exchange is willing to list that token even though the volume is low.
Eventually if the casino takes the right steps more listing would come in the future.