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It’s no secret that online gambling is one of those few industries that frequently face different changes and welcomes revolutionary innovations with wide open arms. However, the biggest and most intriguing novelty in recent years is undoubtedly the appearance of the Metaverse concept in the iGaming sphere.
Currently, the Metaverse is a mainstream technology that can effortlessly solve various major issues related to convenient gambling. Apart from giving up-to-date solutions to existing problems, the Metaverse also brings limitless possibilities and resources with its unique VR world.
Today, we are here to dig deeper into the relation of online gambling to the Metaverse and see how the latter can change how online casinos work today. So, let’s begin.
A Quick Glimpse to The Metaverse
First things first, here, let’s understand what exactly Metaverse is. Is it the revolutionary future of Web 3 created on speculative sci-fi? Is it just a creative way of classifying extended reality – an umbrella term covering virtual, mixed, and augmented reality algorithms? Or Is it a virtual world with uncountable resources we can escape to?
Don’t you feel that talking about the Metaverse concept seems like discussing the birth of the Internet back in the ’70s-’80s? At that time, as the building blocks of the newly coming communication concept were being formed, it provoked speculation among people about what it would look like and how it would merge into their lives.
Almost everyone was talking about it, but only a few knew what it meant or its concept. And now, looking back, it doesn’t seem to turn out exactly as most of us imagined.
Coming down to Metaverse, many experts look at it as a 3D model of the Internet. Simply put, it is a space parallel to our real world, where people can spend their digital lives and interact with other people through special avatars.
As one of the renowned cybersecurity experts, Ibrahim Baggili from Connecticut Institute of Technology at the University of New Haven, told in his interview with VICE – “The Metaverse is not real at this phase, and won’t become as long as there is no single exact location where people can go to get into in a virtual space they can live in.”
What is the Metasino Token? How Is It Related to Metaverse?
The first decentralized virtual casino built on the blockchain is known as Metasino. Here, you can engage in your favorite casino games, including online slot games, table games, and live mode titles, using the platform’s native token Metasino – $CASINO.
But what are the core features of Metasino? Let’s have a quick peek!
- Casino – A piece of land obtained by Metasino on Metaverse sandbox;
- NFT – Ownership token on a casino game like pokies, poker, or roulette that can generate a gaming revenue;
- P2E – Play to earn games that are Browser based;
- Staking – Staking $CASINO and earning more $CASINO with high APY.
This virtual casino city allows punters to experience the thrill of multidimensional gambling activities that successfully mix real-world casinos with the Metaverse.
How Does Metaverse Impact Online Gambling
The Metaverse can impact online gambling areas with lots of different features. However, there are some major changes that all players can witness after fully switching to virtual gambling in the near future. Let’s take a look at it.
#1 Improvements in Game Selection
When you play at real-world online casinos, you can typically access hundreds of games from various categories. The Metaverse can also provide an impressive gaming catalog packed with all the games you can imagine. But what’s the difference between virtual and MGA kasinot we visit nowadays?
The main characteristic that all Metaverse casino games will have is the undeniable level of interaction among players. Depending on the casino providers, you can interact with other participants without much effort and share the joy of playing your favorite games.
In addition, unlike real-world gambling platforms, the Metaverse casinos are not restricted by physical space. Thus, they can host as many games as they want.
#2 Facilitation of Blockchain Integrations
It’s been a long time since most of the gambling venues in the online space have been fighting against insecure and threat-filled payment options. It’s the fear of all gamblers to play at a casino where they can’t safely take out their money or share their confidential data without worrying about possible breaches.
And considering that leading casinos use only the best processing methods, prepaid cards, e-wallets, and credit/debit cards, the concerns relating to 100% safety don’t fade away.
Not only legit and trustworthy payment solutions can be counted on one hand, but most of them also bring along some outrageous limits and processing fees. It’s exactly where the Metaverse comes in to change the whole situation by facilitating Blockchain integration. As a result of this integration, when gambling at a virtual casino, you can use swift and safe digital currencies that won’t trouble you with processing fees.
Final Thoughts
So, the VR world and the concept of Metaverse are stealing the fame light from all similar ideas and technologies. You can just use a set of VR headsets to experience the authentic and unique vibes of exclusive casino venues that combine all necessary features, including worry-free and safe transactions, an unlimited array of casino games, and waterproof security.