Post
Topic
Board Gambling
Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊
by
abel1337
on 08/02/2023, 23:56:10 UTC

Also, there is the fact Stake or other reputable casino which is properly registered could face some backlash from regulators by minting a token in that way. In jurisdictions like the United States it could even considered to be an unregistered security.

That being said, a casino as successful as Stake does not have any necessity to launch something like that in order to continue leading the way in this industry.

Stake should be open for a possibility.  If the needs arise and the gambling trend goes to tokenized casino, and assuming the means of tokenizing casino is now legit to any jurisdiction, then it won't harm Stake to go with the trend.  with their huge usebase and huge number of whale players, I never doubt that stake will be successful in launching his own token.  But right now, I  also do not think there is a need for Stake to launch his own token.  Stake marketing strategy and promotions are very effective in keeping and inviting new players.  That said, I believe it is enough to keep Stake on the top.
Yep, Stake doesn't need to make their own token at least as of the moment to join the trend. They are one of the biggest crypto casino that exist right now and they don't need such gimmicks to gain extra popularization. If there is there will be a time that most of casino has their own token and it is on trend, Stake could possibly release their own token but I think it will be flawless given that they have an idea on what could possibly go wrong on casino tokenizing. They would most likely prevent and avoid those kind of problems. But as of now, I personally don't see stake making their own token.