RE: Gambling Dapp Dividends Report | Waiting to Buy RLB
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I remember the HYPE around gambling apps when they were starting on Tron... It was so huge that it was moving the whole crypto market... But, as you said, the FOMO around "coin mining" through gambling attracted a lot more investors, than people who like to gamble... It was a great move to attract many eyeballs at that moment, but it's nice to see that "crypto gambling" is going into those REAL gambling spheres, where we should see steady income for investors in platforms and tokens like you...
Compared to other crypto tokens/projects, gambling websites can have the healthiest tokenomics of all!
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The mining mechanics are good to get initial traction but most of those sites failed to deliver beyond that. I agree that good gambling sites that attract real users have a sustainable model. The main danger remains potential regulation.
You are right about regulations... As soon as these websites move to a "decentralized way" it would be better... I would rather invest in a decentralized solution (even if it looks worse) than in a top-notch centralized... If they can create a decentralized trading platform, a gambling website could be possible too...
I was checking the ones that you have listed... and the Sportbet looks great the only flaw is that it's on EOS... 😞 I hope that we will see something similar here on HIVE
Thanks for sharing your stats and opinions!