Investing in casino tokens is similar to investing in gaming tokens like AXS, ATLAS, or ILV. They can't be considered a long term investment and is only profitable during their hype. They are also centralized so there is no guarantee that they will survive for many years and if the company owning them shuts down, the token will be abandoned and its price will definitely lose value.
That's pretty much similar but the thing that makes it different is if gaming tokens have more utilities compared with the gambling tokens. Gaming token can be used to buy NFT that will give us daily profit if we are playing the game unlike gambling tokens that can be used to receive dividend only. These tokens are all depend with the hype in the market. As long as there will always be the hype and it will exist. Some gaming tokens have no users at all but they have price. Basically these are speculators who are still buying and holding tokens pretty much the same like gambling tokens which have been using by the people and speculators that's speculated the price of token for the future
Yes, there are still plenty of gaming platform tokens in the market including some tokens that are in high demand. The price of those tokens are also very high. They are mainly developing game and always try to adopt new technology and in these game have NFT facilities by which those token get high demand for the gamer. There are vast differences between a normal gambling token and the gaming tokens. So a holders need to know the clarification between the two tokens before investing.
Though seasoned investors are really taking the time to analyze and understand if there is really potential that you can gain once you place your money in the project you choose for investment, whether gambling tokens or gaming projects, as long as you know what you're following and you have that insight to think that it will bring nice output, it is important to understand the very concept of any possible investment that you are trying to participate in or support. Also, the casinos should have added some utilities for their tokens.
I dont see other utility with these tokens but rather it would really be only used on the platform itself which means that if someone do really recognize on investing with these tokens then it is really that depending
on their choice.We know that each investor does have its own perspective and views towards things and when it comes to potential, but the thing we should bare up in mind that whatever type of coins/tokens
you've been dealing then it would be always depending on the market condition which is also a main factor to consider.
Some might be saying that its price is much better compared to this and to that but no one really knows on how these coins/tokens would behave out.