Post
Topic
Board Gambling
Re: Stake.com - The Leading Crypto Casino - 🦉 Drake, UFC, Everton Main Partner ⚽ 🥊
by
n0ne
on 08/02/2023, 23:56:27 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.
There is no need for the launch of Stake tokens. For now Stake is well organised and doing things in the right way with the partnering at specific time interval. These acts gives much exposure to Stake. Something tokenised and the same can be a problem if things go in the wrong way. We can't predict things to be perfect all the time. Another thing the same can be used as the tool by the competing platforms to down its market.