Cryptomustar
Sunday, January 29, 2023
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Cryptomustar
No Result
View All Result
Home Press Release

BANCC Is Providing Critical Solutions To Make Decentralized Exchanges More Seamless

by Press Release
March 23, 2022
in Press Release
0
BANCC Is Providing Critical Solutions To Make Decentralized Exchanges More Seamless
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

As the global pandemic has forced regular gaming-enthusiasts to move online, new opportunities for the virtual, NFT-powered future have been created. Only recently, the company Evolution Gaming started using CryptoPunks, the famous NFT collection, as slot machine prizes. According to their press release, CryptoPunks will be used for their “NFT Megaways” game.

RELATED POSTS

January 2023 Mosdex Updates – Crypto Arbitrage Platform Announces Various Developments To Fuel Growth

Revolutionize Your Trading Strategy with NeuralNet bot: The AI-Powered Trading Bot

Now, the newly-created Flamingo gaming project is a good example of how NFTs are set to revolutionize this industry. 

What is the Flamingo NFT Project? 

Flamingo club is an NFT virtual gaming project. The green light was given on January 21, 2022. The company is planning to build gaming facilities in a partnership with one of the oldest industry representatives in Las Vegas. Further, an entertainment center, a sports arena with a hockey team, golf courses, and horse racing in the Sandbox metaverse are also in the works. It is led by experienced industry leaders: David Aaronson, lawyer, and Vice-President of a large financial company and Waldo Lorenzo, a manager.   

Importantly, every Flamingo club NFT holder will get a share of the profits generated in the Flamingo gaming club. 

In terms of the numbers, the Flamingo club is made up of 11111 unique hand-drawn NFTs that are generated from over 300+ traits, increasing their rarity. As a rarity expert explains: “Rarity drives a large part of the economy around collectible NFTs and produces excitement. Rarity helps drive demand in an NFT project and diversifies a project by offering different levels of traits and utility.” All the cards can be purchased on OpenSea.

What are the use cases and benefits?

Examples of games and other entertainment that will be available on Flamingo include, but are not limited to, Blackjack: Of all the table games, there is none more classy than Blackjack, also known as 21, Roulette: The purest game of chance, roulette gives players a chance to test their luck by picking numbers on a wheel, choosing from 1 to 36, with a 0 and 00, or Mini-Baccarat: a casual, fun way to play this sophisticated high-limit classic. Users can bet on the "Player" or the "Banker". Whichever hand comes closest to 9 is the winner.

Apart from the wide collection of games, all Flamingo NFT holders will participate in draws. The prizes are significant, and include 150.000$ for 5 NFT holders, 10.000$ for 20 NFT holders, 10 Tesla's model 3 for 10 NFT holders, and 200 Apple iPhones 13 for 200 NFT holders. The chances of winning are more than just a statistical probability.

Above all, NFTs are revolutionizing the way money can be made. Gaming houses usually have the odds stacked in their favor for all games, although the house edge does vary on each one. So the house always wins. With Flamingo club, the user is the house, and is set to make returns on their investment from the share of profits made by the club (80% of the profits will be distributed). It is a safe way to make passive income from different activities without participating in them; without the risk of losing your own assets. It is a different way of doing business and participating in this sector.

The covid-fuelled rise in the industry was just the beginning. Nowadays, NFT projects are targeting this sector specifically, setting the tone for future developments. The growth potential is enormous, and with projects like Flamingo, users can find new ways of making money as passive income with low risk and no strings attached.

ShareTweetShare

Related Posts

January 2023 Mosdex Updates – Crypto Arbitrage Platform Announces Various Developments To Fuel Growth

January 2023 Mosdex Updates – Crypto Arbitrage Platform Announces Various Developments To Fuel Growth

by Press Release
January 27, 2023
0

Mosdex has been working hard to release multiple improvements to help users generate greater profits on this crypto arbitrage platform....

Revolutionize Your Trading Strategy with NeuralNet bot: The AI-Powered Trading Bot

Revolutionize Your Trading Strategy with NeuralNet bot: The AI-Powered Trading Bot

by Press Release
January 27, 2023
0

Introducing a revolutionary deep machine learning system for automated trading that utilizes the power of unstructured data to make highly...

GLOBIANCE and COMTECH GOLD (Dubai) to offer GOLD and SILVER BACKED TOKENS

GLOBIANCE and COMTECH GOLD (Dubai) to offer GOLD and SILVER BACKED TOKENS

by Press Release
January 26, 2023
0

Globiance CEO - OLIVER MARCO LA ROSA and NAVIN D’SOUSA - Comtech Gold CEO are pleased to announce they have...

GDCC Team Explain Their Tokenomics Before LBank Listing

GDCC Team Explain Their Tokenomics Before LBank Listing

by Press Release
January 26, 2023
0

The team detailed the GDCC tokenomics to allow users to understand and appreciate its value. The listing will allow the...

GDCC Team Explain Their Tokenomics Ahead of LBank Listing

GDCC Team Explain Their Tokenomics Ahead of LBank Listing

by Press Release
January 26, 2023
0

The team detailed the GDCC tokenomics to allow users to understand and appreciate its value. In addition, the listing will...

POPULAR NEWS

HyperEarn Officially Opens Its Token IDO

HyperEarn Officially Opens Its Token IDO

May 24, 2022

Voyage in Paradise announces Plastik Funk as its official partner and NFT Art sneak peek

June 11, 2022
EverCash is Taking BUSD Rewards to the Next Level

EverCash is Taking BUSD Rewards to the Next Level

March 17, 2022
Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

October 25, 2021
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022

EDITOR'S PICK

How Crypto Regulation Could Stimulate Regenerative Finance (ReFi) Adoption

How Crypto Regulation Could Stimulate Regenerative Finance (ReFi) Adoption

January 25, 2023
Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'

Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'

December 16, 2022
Huge expansion under unfavorable conditions-VACUUM sets up new offices and teams in North America and South Korea

Huge expansion under unfavorable conditions-VACUUM sets up new offices and teams in North America and South Korea

November 23, 2022
Why The Dollar Death Cross Is Bullish For Bitcoin

Why The Dollar Death Cross Is Bullish For Bitcoin

January 7, 2023

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation

Recent Posts

  • Bitcoin surpasses $23.5k, approaches $24k
  • Bitcoin difficulty hits new ATH rising by 4.68%, further securing the network
  • Data Shows 50% Of Bitcoin Hashrate Controlled By Two Mining Pools
  • 26 exciting stats about the GameFi industry from 2022
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 cryptomustar.com

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Ethereum
  • Litecoin
  • Cryptocurrency
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 cryptomustar.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • yfBetayfBeta(YFBETA)$4.27-0.10%
  • IDLEIDLE(IDLE)$1.44-12.39%
  • WPP TokenWPP Token(WPP)$0.006826-3.49%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Werewolf CoinWerewolf Coin(WWC)$0.098082-2.58%
  • PolkaBridgePolkaBridge(PBR)$0.439784-6.92%
  • Dev ProtocolDev Protocol(DEV)$1.76-16.14%
  • EvidenZEvidenZ(BCDT)$0.122949-3.85%