Over the years, crypto casinos have become increasingly popular. The use of decentralized payments, global accessibility, anonymity and speedy transactions helped earn them this popularity. Just like any other online casinos, crypto casinos are constantly evolving and innovating, looking for ways to appear to players to an even greater extent.
And one of the ways they are doing this is by adding NFTs to their platforms. By revolutionising their gaming platforms, these casinos are able to change the way players interact on their platforms. Let’s take a look.
How are NFTs integrated?
Online crypto casinos such as Rollbit and BC.Game, have already taken the first steps toward embracing NFTs. Both these platforms have integrated NFTs in various ways that can really benefit players.
First off, by adding in NFTs to the gambling platform, players have an additional option for making money. It’s possible to buy, sell and trade NFTs across the platform.
The betting process
For starters, casinos like BC.Game are already offering NFT deposits. This means that players can bring in their NFTs as collateral when placing a bet. Being able to do so allows players to have a more personalised gambling experience as these are unique digital assets that no one else has.
By using NFTs as currency, these casinos make themselves more accessible on a global scale. Gone are the complications of currency conversions, fees and so on. Additionally, NFTs are also programmable. They can make sure that the transaction is fair, as well as ensure the game is too — if they are part of the game itself.
Bonuses and offers
One of the biggest impacts NFTs have on the casino space is the bonuses and loyalty programs. Just like BC.Game, Rollbit is already offering a range of bonuses featuring NFTs. Earning NFTs becomes a reward, which can also unlock additional bonuses and in-game features with the casino itself.
Not only that, but loyalty programs typically have levels. At NFT-embracing casinos, this means giving more valuable NFTs as rewards when players have made their way through a certain number of levels.
Offering exclusivity
Another rather large benefit to using NFTs at these cryptocurrency casinos is that they can be exclusive passes. As such, they create a personalised, immersive experience that offers exclusivity and a sense of worth. Gaming spaces like Decentraland use NFT wearables as keys so that players can access games and experiences within the virtual casino.
Not only can it allow specific players access, it can also deny others. Now, in a world where underage gambling is fife, this is actually a very important safety and security feature. The use of exclusive NFT passes will prevent minors accessing the casino those promoting responsible gambling across the industry. As such, not only are they an option for a literal ticket, but they could become the ticket to a safe gambling environment.
Merchandising
Even out of the online space, NFTs can really have a strong impact. For those that love their casino or gaming, then NFTs are commonly being utilised in merchandise. In fact, it’s also something that casinos can take on board and do themselves. It’s already becoming popular with casinos like King Billy offering limited edition NFT collections for players to own.
With so many options in place, it’s no wonder crypto casinos are adding NFTs to their platforms. We’re also only scratching the surface here. It’s like in the future, NFTs will be a major part of the games we play online as well, adding an added element of fairness and transparency to all we do on an online casino.