NFT (A non-fungible token) is a non-interchangeable unit of data stored on a blockchain, a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio or can be used to represent in-game assets, such as digital plots of land or other virtual items, which some describe as being controlled “by the user” instead of the game developer by allowing assets to be traded on third-party marketplaces without permission from the game developer.
Skin gambling is the use of virtual goods, often cosmetic in-game items such as “skins”, as virtual currency to bet on the outcome of professional matches or on other games of chance in casino.
Collectively, we have over 20 years of experience in gaming and have used countless sites and products revolving around virtual items, such as skin gambling, trading, earning and match betting sites, as well as NFT marketplaces and blockchain gaming.
This website is your one-stop guide to all virtual goods. Whether you’re a rookie trying to understand what NFTs or Skins are or a veteran looking for a best casino with welcome bonus, we’ve got you covered.
We test, review and rate as many NFT and Skin betting sites as we can and find which ones are available in your country and provide your with exclusive referral codes enabling special bonuses and promotions.
A Guide to gambling with virtual goods
We know it can be a little daunting when you’re new.
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The casino pays 12% of their slot machines for executing and distributing high-quality gaming solutions. Sloties distributes 80% of the revenue generated by NFT based slot machines to slotie owners.
Slotie began developing a transparent Defi platform for the casinos.
Since the NFT bases slot games bring a lot of traffic to the casinos, casinos are willing to share their House Edge’s 65% to the Slotie NFT holders for this specific slot games.
20% Rakeback guarantee for players
Players can become VIP members in all the partner’s casino ecosystems.
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It’s no secret that the Venn diagram intersection between sports bettors and crypto investors has grown dramatically over the past year.
At the start of the pandemic, with live sports shut down, many of the people who use apps to bet on sports turned instead to swiping through stocks on Robinhood, and buying Bitcoin on Coinbase, Robinhood, Square, or elsewhere. This is also when Barstool Sports honcho Dave Portnoy rebranded himself as a day trader, and he, too, bought Bitcoin—though he panicked and sold when it dipped, at a loss.
The rebound in the stock market (even while the broader U.S. economy was still flailing), the GameStop short squeeze pulled off by Reddit users on WallStreetBets, and the crypto bull run were all part of the same pandemic-fueled retail investor revolution.
But the overlap between gambling and crypto is not new.
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Blockchain remains the powerhouse for crypto gaming, which covers Bitcoin casinos, Ethereum casinos, and every other gaming option related to these mentioned.
What will Gamblers Enjoy in NFT Gambling?
Gamblers consider as one of the must-haves when choosing a casino to be secure payment methods. Crypto casinos exist because crypto poses a chance for gamblers to transact safely and transparently.
At the moment, most regular gambling platforms allow gamblers to deposit using their credit cards or through other e-financial agents. These options are safe since they utilize an encrypted third-party system.
Gambling platforms that are well-regulated use only the best and most renowned agencies.
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However, more often than not, people will want to try out play-to-earn crypto games, but won’t really know where to start.
Well, there are a few options that you can check out, and a few different tactics to employ, in regards to searching for the best first NFT gaming assets for yourself!
First of all, the obvious – if you’re not sure what it is that you want, you can purchase a Binance-exclusive Mystery Box. Simply choose from the boxes that seem the most appealing to you, and make your purchase – inside, you will find themed NFTs, with the chance to encounter a rare token among them!
All of the Mystery Boxes are themed.
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The four diverse and distinct-looking characters created by Larva Labs now belong to Evolution Gaming”.
By examining the transaction history, one can determine the value of each CryptoPunk. Evolution Gaming spent a total of 86 ETH on June 22nd when Ethereum tokens were worth $1,888.00. This puts Evolution’s total investment at $162,368. The most expensive of the lot is CryptoPunk 8143, valued at 21.50 ETH.
The Evolution of CryptoPunks Over the Years
Although CryptoPunks has been on collectors’ radars since the beginning, they entered the mainstream market in June 2021. And the extent of its popularity can be ascertained by the following examples. For starters, rapper Jay-Z owns a Punk that he uses as his Twitter profile picture.
American multinational financial services corporation Visa shelled out $20 million to acquire a bunch of them in August.
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We want to really show what NFTs can do!”
In line with this remarkable vision, Gambleswap provides the community with generous utilities, perks, and benefits. For example, there will be a monthly lottery exclusive to Gambleswap NFT holders, with prizes reaching up to $250,000.
On top of that, token holders will have profit-sharing privileges from the revenue generated in the Gambleswap Casino.
Elaborating on this excellent program, the founders explained, “We believe everyone should be able to benefit from the casino industry, not just the elite. That’s why we are giving 50% of the profits generated in the house back to NFT holders!”
Aside from these exciting perks, the venture is also dedicated to building a long-term project that will last for years to come, as evidenced by its well-thought-out development plan.
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Sloties are over ten thousand uniquely generated NFTs on the Ethereum blockchain that are your tickets into the largest and fastest-growing online casino network on the blockchain.
Sloties grant holders access to the new world of DefiGambling. They grant proof of ownership on the Ethereum blockchain and are based on the ERC-721 standard.
Sloties slot machines, allow slotie holders to become shareholders of the in-house casino and earn rewards. The slotie community can invest assets and earn rewards every time they spin a slot machine in any of the Slotie casinos.
Utilities of Slotie NFTs
Earn Passive Income
Holding Slotie can be a deal of partnership between the holders and casinos.
When you buy a slotie NFT, you can become a shareholder of the casino’s profit.
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Jack Dorsey, the CEO of Twitter sold an NFT of the first tweet ever published for $2.9 million dollars.
The History of NFT Based Gaming
NFTs started on a smaller scale than the Beeple piece or LeBron’s multimillion-dollar sales of his basketball “moments” through NBA Top Shots.
In 2015, the first true NFT was 457 Etheria hexagons that formed a map. A couple of years later, in 2017, Larva Labs launched an online digital-image trading market called CryptoPunks on the Ethereum blockchain. Later that same year, CryptoKitties came out, and people could buy, sell, and breed unique cartoon images of cats in a type of game.
Now there are dozens of games in cyberspace where NFTs attached to some character can be bought, sold, or earned.