RE: GambleFi Portfolio | Dividend Spike Buying More WINR!
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I'm not invested in any of the gambling platforms.
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I'm not invested in any of the gambling platforms.
The great thing about them I would say is that they are one of the only coins in Crypto where the value isn't based on pure hype but on actual users who generate revenue. The risk of regulation one way or another is also calculated into the value offering high Yields.
That makes sense and I like the premise of Play 2 Earn as a revenue model. Player vs Player winner take all. I know they have the one 1st person shooter built on HIVE. I don't know how it is going but I like the premise of that.
With the gambling, I haven't dove into it lately as to what jurisdictions it is legal in and where it isn't.
Are you into the NFT space? I see your profile picture but didn't know if you were big into tracking these various collections.
I 'm not a fan of NFTs, I actually only own 1 which I bought to use as a profile picture. When it comes down to the Play2Earn, if feels like it's either a ponzi where exponential new players need to come in to hold up the economy or with the Player vs Players a matter of who runs the best battle helper / software to get the edge.
Gambling and an industry has been battle-tested for a very long time and it continues to generate massive profits without the need for more exponential new players needing to come in or ways to 'cheat the system' and get an unfair advantage over other players.
In that regard, I really like the Gamblefi Space and I can see it grow as more people get into crypto.
I get what you are saying about NFTs. I'm all for the premise of in game NFTs or NFTs that can generate additional returns in a game environment. Also I hear what you are saying about something having ponzinomics where new players have to keep coming in. I have thought a lot about that for these blogging ecosystems as well. I personally feel that they can't survive like ETH or BSC by using ponzinomics on the transaction portion so it has to generate revenue almost on a base level potentially or have revenue generating mechanisms that will feed back into the ecosystem to keep growing it. Clearly with the blogging SEO / advertising can be utilized to feed back into it.
On these sports betting has been played around with in various ways.