You know that there are now virtual casinos on Decentraland?
We have known about online games and bitcoin online casino sites for several years now. These are already improved versions of classic casinos and beyond the payment, we would not see any difference with the casinos. We play Baccarat, Blackjack, the famous roulette and slot machines to win lucky cryptos.
The advantages of bitcoin casinos are so superior to traditional casinos (anonymity, crypto withdrawal in a few seconds, etc.) that the number of users continues to increase.
And, with the pandemic that we have experienced, traditional casinos being closed, the best bitcoin casino sites have exploded and with them, the bitcoin sports betting sites.
It is in this blissful context that online casinos have moved up a gear. And guess how it materializes? Yes, on metaverse type video games.
It's crazy isn't it?
Online games and virtual casinos have found a place of choice with Decentral Games.
Let me explain to you.
Decentral Games Overview
decentral games is a gaming platform where everyone can come and play games like blackjack, roulette, poker, etc. This game space is located in a virtual world of a metaverse game called Decentraland.
It is perhaps even the best known and oldest metaverse game of this type. You can do everything on Decentraland and now you can even play casino games. This gives even more possibilities to the metaverse.
The good news for those who want to avoid fees is that Decentral Games supports Matic Network.
Decentral Games to its own token: the DG token. It also serves as a governance token for holders and can participate in the autonomous organization of the project.
Who is behind Decentral Games?
The co-founders are Miles Antoine, Steve Becerra and Scott De Taboada. Both are Californian entrepreneurs who launched Decentral Games in 2019. Steve Becerra had developed a 3D game (Digipet.com) on Ethereum.
Today, Decentral Games is located in San Jose, Costa Rica, and was launched in 2019. The team currently has 43 employees around the world, which shows how the company is going from strength to strength.
The company has received numerous investments from the biggest names in the industry such as
Genesis Block Ventures, Clusters Capital, AU21 Capital, Bitscale Capital (based in Switzerland),
or Métavers Ventures. Such institutional investments are considered real good signals for users and retail investors.
How to make money on Decentral Games?
On Decentral games, there are several ways to earn money. You can certainly play games like in casinos, but know that you can also do staking for example.
1/ Staking to obtain 40% APY
This is the easiest part of making money on Decentral Games. You simply need to buy DG tokens and stack them. So you will deposit $DG token into the governance pool and start generating DG tokens.
You can recover your balance at any time and above all claim your DG tokens by clicking on “claim DG”.
As simple as that, indeed.
If you are wondering how the game can provide you with 40% APY, consider that the game's business model involves depositing certain fees and player losses into the governance pool. This is how we can remunerate those who stack.
The second way to earn is to become a liquidity provider.
2/ Participate in liquidity pools
Anyone can deposit their funds into these liquidity pools and contribute liquidity to the platform. In return, the casino would reward the liquidity provider with DG tokens.
3/ Casino game player
Yes, the most direct way to win and play. When you play online crypto games on Decentral Games, know that you recover 50% of your losses if you lose and you recover 100% of your winnings.
This is also why the slogan of the game is to say that you are the house unlike traditional casinos where it is the casino that is the house, as they say.
Please note that you can also earn by referring friends to the game. That said, we do not know the commission fees you will earn.
If you want to follow our affiliate link, here it is.
How to play Decentral Games?
The very first thing to do to be able to play on Decentral Games is of course to obtain the DG token.
Step 1: Register and own DG tokens.
There are several ways to do this and you can purchase them on Uniswap, Gate.io for larger volumes.
You can also buy DG tokens on PancakeSwap, but be aware that the Binance smart chain network is not yet open (it won't be long).
Step 2: Prepare to play the games
You can click on the "play" button to see the range of games available and some are free and others pay:
- Poker: Between 2 and 4 players. The game is in beta and can be accessed for free.
- Blackjack: Between 1 and 4 players. You can play for free or bet cryptos.
- Roulette: Between 1 and 8 players. You can also play for free or bet on cryptos.
- Slot machines: These are the games that are not yet available.
Step 3: Register on the Decentraland game
As we said, the play space decentral games is a space within the Decentraland universe. This means that to play virtual casinos, you will also have to go to this space. You must therefore register on Decentraland. You will see, you can register quickly with your Metamask wallet.
Step: Play the game you want.
Now all you have to do is play. So, yes, depending on the graphics power of your computer, games will be displayed with better quality.
Personally, I, who am used to playing at casinos like CloudBet, I think it still deserves some improvements on Decentral Games. That said, it remains a pleasant and original experience, it must be recognized.
Understanding the DAO and the economics of the DG token
Decentral Game's governance model works with a decentralized autonomous organization (DAO). This is governed and owned by DG token holders. The token then functions as a governance token.
Holders can then vote and participate in surveys to find out what type of game can be developed, give their opinion on the types of rewards and game bonuses, etc.
In addition to that, the DG token is also and above all a utility token which plays an important role in the operation of the platform. DG tokens are ERC 20 tokens and are used as currency between participants.
The tokenomics of the DG token
- Maximum supply: 1 tokens which will be distributed over 000 years, i.e. until 000.
- Total token supply 1 tokens
- Circulating supply 281 tokens (789% of total supply)
- Market capitalization in September 2021 $31
DG tokens can be obtained on the following exchanges:
- pancake swap
- Uniswap
- Sushiwap
- Balance
The advantages and disadvantages of decentral games
Decentral Games is new to the crypto landscape. It is the only virtual casino of its type. The fact of having added it in a metaverse still remains very innovative, let's say it.
That said, there, for Decentral Games, in terms of competition, we are in the casino world, and we have to fight against giants like CloudBet For example. Honestly, it's not easy...
With all the advantages that this entails, Decentral Games has for example an interface that can be considered "light". When you play on platforms of bitcoin casinos, it still remains more realistic than on Decentraland.
To put it another way, to have a good gaming experience, the user must still have a good computer with a good graphics card and good internet. However, on bitcoin casino sites, we do not need to have such equipment.
On the other hand, the fact that it is the community which manages the DAO (yes), the fact that the games are accessible to everyone and above all the fact that the rewards go to the users...All this contributes to the fact that Decentral Games is a good service.
Final Word on Decentral Games and Decentralized Games
On Play to Earn games are truly the new big trend in the crypto world. Even before the rise of video games, the first bitcoin online games as casinos were the precursors.
The growth potential is huge, indeed. And when play to earn games become even more "sophisticated", we can imagine that they will quickly crush other games with a linear business model (and not circular as is the case with play to earn games).
- Explore the the Decentral Games platform
- Discover the Decentraland game
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Disclaimer: This content is for informational purposes and does not constitute financial advice. We strongly advise our readers to conduct their own independent research before committing to any investment.
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