1/🧵
We're often told that crypto is a casino...
If that’s the case, then we're betting on the house!
Mobile casinos had an est $77.3 billion in revenue in 2022, so #GambleFi is def a narrative to keep an eye 👀 on...
Let’s find out what projects we think will lead it👇👇
We're often told that crypto is a casino...
If that’s the case, then we're betting on the house!
Mobile casinos had an est $77.3 billion in revenue in 2022, so #GambleFi is def a narrative to keep an eye 👀 on...
Let’s find out what projects we think will lead it👇👇
2/What is GambleFi?
GambleFi are all the decentralized protocols seeking to provide crypto-based betting games.
They use game theory, smart contracts, and digital assets to create a global ecosystem where devs, players, and investors can do their thing safely and efficiently.
GambleFi are all the decentralized protocols seeking to provide crypto-based betting games.
They use game theory, smart contracts, and digital assets to create a global ecosystem where devs, players, and investors can do their thing safely and efficiently.
3/What kind of innovation will GambleFi bring?
It will create new types of games where players will be incentivized via fair play transparency and protection mechanisms like fraud detection.
It will create new types of games where players will be incentivized via fair play transparency and protection mechanisms like fraud detection.
4/What will the blockchain + gambling merger mean for the industry?
(Improving safety and fairness of online casino games via blockchain tech) + (reducing costs associated with intermediary processing fees and manual payments) = INDUSTRY DISRUPTION
(Improving safety and fairness of online casino games via blockchain tech) + (reducing costs associated with intermediary processing fees and manual payments) = INDUSTRY DISRUPTION
5/What's the potential?
In 2020, the global market size of gaming services and activities was estimated at $94.4 billion.
According to Statista, revenue generated from mobile casino games alone reached an estimated $77.3 billion in 2020!
Think about that...
In 2020, the global market size of gaming services and activities was estimated at $94.4 billion.
According to Statista, revenue generated from mobile casino games alone reached an estimated $77.3 billion in 2020!
Think about that...
6/What are the projects?
Several GambleFi projects have come out with models that make token holders owners of the casino through profit-sharing tokenomics.
Let’s have a look at some GambleFi projects that have caught our eye👇👇👇
Several GambleFi projects have come out with models that make token holders owners of the casino through profit-sharing tokenomics.
Let’s have a look at some GambleFi projects that have caught our eye👇👇👇
7/$BCB
MC: $10,571,429
Price: $0.01057
Smart Wallets: 11
From the team that brought you $WCI, $BCB is a one stop for decentralized sports betting & online casinos. The casino is live.
MC: $10,571,429
Price: $0.01057
Smart Wallets: 11
From the team that brought you $WCI, $BCB is a one stop for decentralized sports betting & online casinos. The casino is live.
8/$ROUL
Price: $0.01411
$ROUL is the token for the ArbiRoul Ecosystem. The goal of ArbiRoul is to create a fair, transparent, and fun betting platform on the Arbitrum blockchain
Price: $0.01411
$ROUL is the token for the ArbiRoul Ecosystem. The goal of ArbiRoul is to create a fair, transparent, and fun betting platform on the Arbitrum blockchain
9/$FUN
Price:$0.007407
MC: $81,203,160
Smart Wallets: 24
The FUNToken is an asset developed specifically for the online gambling and gaming industry.
Price:$0.007407
MC: $81,203,160
Smart Wallets: 24
The FUNToken is an asset developed specifically for the online gambling and gaming industry.
10/$BetU
Price:$0.03277
MC: $3,526,429
$BetU is a crypto sports betting, e-sports betting & casino platform secured by smart contracts and powered by the $BetU Token.
Price:$0.03277
MC: $3,526,429
$BetU is a crypto sports betting, e-sports betting & casino platform secured by smart contracts and powered by the $BetU Token.
11/Wait, there's more...
Although, we've mentioned several projects in the GambleFi niche, please know that there are countless more:
$BUGS, $WLP, $WINR, $CASH, $PWB, $ARC…
The list goes on and on...
Many have not yet launched tokens...
Although, we've mentioned several projects in the GambleFi niche, please know that there are countless more:
$BUGS, $WLP, $WINR, $CASH, $PWB, $ARC…
The list goes on and on...
Many have not yet launched tokens...
12/One more thing...
The last thing we'll mention is that there's been positive crypto news coming out of Asia recently.
This will likely strengthen the GambleFi narrative since Asia is a world leader in terms of gambling revenue (31.3%).
Source: cointelegraph.com/news/crypto-s-…
The last thing we'll mention is that there's been positive crypto news coming out of Asia recently.
This will likely strengthen the GambleFi narrative since Asia is a world leader in terms of gambling revenue (31.3%).
Source: cointelegraph.com/news/crypto-s-…
13/The mandatory disclaimer...
Before you go place bets on any of the projects we mentioned:
Remember, if you plan to invest: DYOR!
This 🧵 is just one piece of the puzzle.
Get involved in communities, study on-chain data, analyze charts, and never bet the farm!
Before you go place bets on any of the projects we mentioned:
Remember, if you plan to invest: DYOR!
This 🧵 is just one piece of the puzzle.
Get involved in communities, study on-chain data, analyze charts, and never bet the farm!
14/PS:
Check out this FREE report we just dropped on 10 crypto projects under $10M marketcap:
brainyield.net/offers/vjWPo9ao
Check out this FREE report we just dropped on 10 crypto projects under $10M marketcap:
brainyield.net/offers/vjWPo9ao
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