The casino NFT market has seen a 45% increase in trading volume over the past month, signaling growing interest and investment in digital casino assets. Rare and legendary casino NFTs are fetching record prices, with some auctioned for as high as $100,000. Collectors are actively seeking unique pieces with special attributes and bonuses.
Why do people often choose casino NFTs even if they’re not into gambling and staking? The answer is simple: multiple perks. Even if a casino’s NFT collection isn’t sold out, it still generates revenue for its holders.
As the first decentralized casino in the market, with a passion for implementing Web3 technologies into the gambling industry, CoinGames couldn’t ignore this trend. The online gambling market’s revenue is projected to reach up to $100 billion in 2024. With this in mind, CoinGames is pioneering the GambleFi industry as the first fully licensed decentralized casino. We offer instant wallet connection via smart contracts, allowing play with multiple cryptocurrencies, including our native DEGA and soon-to-be-released $CGT.
We aim to enhance the customer experience with unique promotions through our NFT collection and offer significant opportunities for those interested in investing and trading NFTs. We’ve just launched our NFT collection, Rising Legends, on Magic Eden.
Let’s start with the unique and rare benefits of casino NFT collections.
Casino NGR Redistribution for NFT Holders
This perk is not found too often in casinos’ NFT benefits; therefore, it deserves special attention. Casino revenue share is a serious perk that ensures stable passive income for anyone holding the casino’s NFT whether they are a gamer, sportsbook fan, investor, or NFT trader. At CoinGames, our Rising Legends NFT holders enjoy a significant 10% direct casino revenue share. Moreover, the more NFTs they share, the higher their income.
Now, let’s understand why this NFT benefit is so important.
· NFT holders enjoy consistent weekly, monthly, or yearly income. In CoinGames, we share our casino revenue openly every month and send the NFT holders’ income directly to their wallets. So, this means you don’t have to do anything, you can generate income by just owning a piece of digital property. Whether you’re enjoying your holidays on Hawaii Beach or working hard at your desk, it doesn’t matter, you still have a passive income.
· As the casino’s reputation grows, your NFTs gain even more value over time, eventually resulting in higher incomes.
· Casino NFT holders become part of a big community, meaning whenever they are in need of money, they can easily and rapidly trade their NFTs in an active market.
· NFT holders are stakeholders now. This means they have a voice in important decisions.
Cryptocurrency Airdrop Allocation
Cryptocurrency airdrop allocation is an important perk for any casino NFT collection if this casino has its own token. This means, now you don’t only own digital real estate but also digital money or cryptocurrency. Owning a casino token comes with several exciting benefits that not only enhance gaming interests but also provide financial rewards. At CoinGames, besides our Bitcoin-based DEGA token, we’re planning to launch our native $CGT token. This allows us to give 50 million $CGT token airdrop to our NFT holders, as well as numerous benefits along the way. Let’s break this down step-by-step.
What is the benefit of receiving airdrop allocation, you may ask?
· NFT holders receive early access to the $CGT tokens before it’s released to the general public. This means the NFT holders have a head start in the ecosystem.
· Similar to the NFT collection, the new token is a casino-owned token, meaning it has the potential to earn a significant increase in value and offer exciting financial opportunities in the future.
· The NFT holder, now not only has the power to trade their digital asset but also the “digital money” whenever they want. This, in turn, will provide liquidity and the potential for multiple holdings.
· The NFT holder multiplies their role in the casino, as now they have a right to participate in governance. This means NFT holders can use the tokens to vote on key decisions within the ecosystem, giving them a voice in the future direction of the project.
· As in the case of NFTs, as a VIP member in the casino, NFT holders can utilize the tokens within the ecosystem for various activities such as: playing, gambling, staking, betting, and enhancing their overall experience.
Enjoying VIP Systems
Casinos provide special treatment and privileges to their NFT holders. The customers are called, VIPs. Some of the major perks they get include recognition and status within the casino, personalized treatment, premium benefits, and exclusive access. At CoinGames, our Rising Legends NFT collection comes with ranks: from Commoner to God. The higher the rank of your NFT, the higher your VIP user category. To illustrate this correlation, consider the example of an NFT with the rank of “King”. Holding a King NFT automatically grants to the highest level in our Casino Loyalty System — the King level. This gives royal treatment with “King-like” privileges within our ecosystem.
Staking to Generate Passive Income Through Tokens
It’s simple. Casino NFT holders are granted the opportunity to earn while they hold. They stake their digital assets and earn tokens passively. Obviously, the more NFTs they hold, the greater their staking power. This leads to enhanced token rewards. At CoinGames, we follow this highly valuable NFT benefit. Rising Legends NFT holders navigate like bosses within the CoinGames casino. Stake, duplicate, and generate passive income through native $CGT tokens.
Additional Benefits
These were top benefits for casino NFT holders, but of course, it doesn’t end here. Casinos offer numerous other NFT benefits as well, which are not less significant. For example,
· Early game previous: Whenever a new game is coming out, game lovers with NFTs are the first to check out these games and enjoy them before they’re released to the public.
· Special tournaments: Casino NFT holders are granted special tournaments reserved exclusively for them. They can compete with other fellow NFT holders for special rewards and prices. The competition and tension are, of course, less as not all the users can enjoy these special perks. At CoinGames, we have already implemented such tournaments and exclusive NFT giveaways to add more to your NFT collectibles. We often have raffles, poker tournaments, Zealy sprints, and much more.
· Tailored promotions: This is a very powerful benefit, especially if you’re the owner of a casino that also has a sportsbook, like CoinGames, from sportsbook enhanced odds to unique deposit bonuses.
About CoinGames
CoinGames is the world’s first decentralized crypto casino. During its two years of operation, CoinGames has already managed to gain more than 20.000 customers. CoinGames takes the gambling industry to the next level through Web3 technology implementations and being on top of the GambleFi industry. It takes seconds for CoinGames’ customers to connect their wallets due to its implementation of smart contracts. The security and safety of our customers are at the highest level. We are the first licensed casino operating with the Man of Isle license, giving us access to more than 9000 games on the market. We cooperate with the top game providers in the world. We offer both our own and game providers’ promotions, giving enhanced alternatives to our customers. On top of that, we have just launched our first NFT collection, Rising Legends on Magic Eden. Currently, we support multiple cryptocurrencies within our casino, as well as our own Bitcoin-based DEGA currency. We’re planning to launch our native $CGT token, which is going to revolutionize our platform and bring it to the next level. Our $CGT token will come with carefully crafted perks like the Rising Legends NFT collection, giving a huge power to those owning it.
To sum up, the casino NFT market has seen a 45% increase in trading volume recently, reflecting growing interest in digital casino assets. Rare casino NFTs are fetching record prices, with some reaching $100,000. People choose casino NFTs for their multiple perks, including revenue generation, even if the collection isn’t sold out. CoinGames, a pioneering decentralized casino, leverages Web3 technology to offer unique benefits like a 10% casino revenue share through its Rising Legends NFT collection, launched on Magic Eden. Casino NFT holders also enjoy consistent income, community membership, and governance participation. Additionally, CoinGames plans to launch its $CGT token, providing further financial rewards and governance rights. The combination of NFTs and tokens offers substantial opportunities in the rapidly growing online gambling market, projected to hit $100 billion by 2024.
With this info in mind, it is safe to say that casino NFTs can be considered a mindful investment for the future
