Gaming and the Metaverse
Gaming and the Metaverse are inextricably linked, owing to the widespread use of commercial virtual reality technologies in online gaming. The next logical step is to include gambling in the mix.
For a long time, live dealer games were the height of immersion, allowing players to engage with other players and a dealer at a poker or blackjack table while sitting in the comfort of their own home.
On the other hand, virtual reality has given immersive gambling a new lease on life. VR and Metaverse gambling aims to stimulate players with a genuine casino’s sights, sounds, and ambiance, rather than just social engagement with a dealer over chat.
We’ll go over everything you need to know about Metaverse gaming in this post, from what games will be available in Metaverse casinos to how you can get started right now!
What Is Metaverse Gaming, and Why Should You Play It?
The Metaverse project was only announced in October 2021; however, there has already been a lot of effort done, and specific projects have been released. Horizon Worlds, for example, is a 3D virtual reality sandbox in which gamers can customize their avatar, build, and create.
That, however, isn’t authentic Metaverse gameplay. Gambling in the Metaverse is what we’re discussing.
Virtual reality new casino sites have been discussed for years, but just one has been released (SlotsMillion). However, the Metaverse has sparked a resurgence in the gaming sector, with numerous companies creating virtual and decentralized casinos.
Since the global COVID-19 outbreak stopped in-person gambling at casinos and sportsbooks, the online gambling industry has exploded. Internet gambling is far more convenient and pleasant for many people than going to a physical casino. The Metaverse provides the opportunity to make those encounters more immersive and unforgettable.
Types of Casino Games: Gaming and the Metaverse
Many believe that the Metaverse will significantly impact the game industry. But, to be honest, we think it will follow the “if it ain’t broke, don’t fix it” mentality.
Sure, there may be super-advanced VR games based on virtual real estate ownership; nonetheless, metaverse gambling must offer acceptable and familiar gaming possibilities.
Many of the casino games we know and love will remain the same in the Metaverse, according to what we’ve seen so far from decentralized casinos and Metaverse casinos. Roulette will remain roulette, and blackjack will remain blackjack.
These games may include extra features like free bets offers, and the majority of them will most likely use a Metaverse token or crypto payment system, but the core games will remain unchanged.
In the Metaverse thus far, we’ve seen games such as:
Crypto Gems: a cryptocurrency-themed slot machine that accepts tokens as payment. Edgeless.io is where you can find it.
Blackjack: a popular casino game in the United States, and it may be available in a variety of decentralized and Metaverse casinos, including Decentral Games.
Baccarat: This casino classic has a minimal house edge, making it a popular choice among seasoned gamblers. At Edgebet.io, a decentralized casino, you can use BET tokens to play.
Roulette: At decentralized and Metaverse casinos, European roulette is the most prevalent classic game form.
Dice: This game, which is a spin-off of regular craps but employs cryptocurrency as the betting stake, has appeared in a number of different decentralized casinos.
Slots: Simple three-reel slot games can be found at Decentraland casinos, and more specialized variants can be found at online casinos like Peerless Games.
Metaverse Gaming, Using Tokens and Crypto
So, how will you pay for Metaverse games, you might be wondering? Is it similar to today’s internet casinos, where you can deposit using Visa, PayPal, or bank wire?
Certainly not. Cryptocurrencies, such as crypto coins, tokens, and NFTs, will be used extensively in the Metaverse game business. These financial instruments have been around for a while, but they are currently acquiring a lot of traction, with every major news outlet discussing crypto and NFT regularly.
Here’s how you’ll be able to pay for Metaverse games like crypto slots, blackjack, or roulette straightforwardly:
Bitcoin and other digital currencies
Coins are digital assets that were created to be used as financial instruments. Consider cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. These coins are a form of exchangeable currency with a monetary value, albeit subject to market fluctuations. You can now use them to pay for goods and services on the internet in the same way that you would with USD or Euros.
Tokens based on cryptography
Tokens are crypto currencies’ less adaptable siblings. They’re issued on the identical blockchain as cryptocurrencies, particularly Ethereum, and have a specific use case. The Sandbox’s Metaverse ecosystem, for example, accepts only the SAND token. Tokens are similar to casino chips in that they can be used at any of the casino’s table games, but they cannot be transferred to another casino.
Non-fungible tokens, or NFTs
These are crypto tokens that are issued on the Ethereum network. NFTs, on the other hand, cannot be traded because 1 SAND token can always be exchanged for another 1 SAND token. Every NFT is unique, and no two NFTs will ever be valued the same amount, even if they’re from the same designer and are in the same collection. NFTs will be used to modify avatars and characters in the Metaverse, and they will be required to play select Metaverse crypto games.
The Metaverse and all following games and casinos will be powered by crypto coins or tokens, with NFTs serving as prizes or admission requirements.
Photo by Richard Horvath on Unsplash