What Can We Expect from Gaming in the Metaverse? Metaverse casinos will be a trend having both land-based properties and online casinos merging to a virtual environment with a high interaction level. The Metaverse is the next big thing in tech, revolutionizing the world. We look at the Metaverse in detail and what it will mean for the future of gaming right here.
about metaverse? what is metaverse? metaverse & gaming immersive gaming experience metaverse & nft metaverse & online gambling summaryUnless you’ve been hiding in a cave for the past few months, it’s hard to imagine that you would have missed all the excitement and furor surrounding the Metaverse. It has been making a big splash worldwide, with experts claiming that it will transform our future and impact our meetings, our leisure time, and specifically gaming.
It holds the power to revolutionize tech and bring forth major changes.
The Metaverse has been described as "an infinitely-scaling, persistent virtual space with its own identity system and economy."
Metaverse will provide an immersive gaming experience for playersAbout Metaverse
For decades, the concept of the 'Metaverse' was thought of as an idea derived from a sci-fi TV show.
You can find plenty of science-fiction works in popular culture like Snow Crash, Ready Player One, and Black Mirror to learn what it would like in practice.
It's only recently that there has been a massive surge in early predecessors to the Metaverse.
The biggest tech giants globally, including Microsoft, Amazon, Apple, and most prominently, Facebook, Fortnite (video game) have all quickly jumped on board.
Facebook has gone one step further than the rest by changing its brand name to "Meta," showing a true reflection of the shifting paradigm.
It's clear for everyone remotely connected or involved with the Metaverse to know that its effects will be huge.
What is the Metaverse, and How Does It Work?
The vast potential of virtual worlds had fascinated people for generations, but they had only existed on the pages of science fiction and fantasy novels.
Fast-forward to today, and the buzzword in tech is "Metaverse," and it's been embraced with great enthusiasm by game and software developers in every industry, from social media to gaming and crypto.
The Metaverse is a real phenomenon and features numerous platforms thriving today with extensive integration of crypto.
To put it in layman terms, a
Metaverse is an immersive, shared virtual world where players are represented by avatars and can interact with one another, create in-world landscapes and objects, and construct experiences.
In general, Metaverses have their own currencies and economies, which allow users to trade, buy, and sell digital items, real estate, and avatar accessories.
Any person can experience or enter the Metaverse through a smartphone, VR (virtual reality) headset, or a computer.
Online Gambling and Web 3.0 - Metaverse casinos
The VR usage will allow people to move to a virtual world and both land-based and online casinos will benefit from it.
From the start of the internet, the web was very limited with users interacting through a web browser. Web 2.0 increases the functionalities of mobile devices with mobile apps, videos, internet navigation. Web 3.0 will set a new dimension where users can wear devices of augmented reality (AR) and virtual reality (VR) that combined with the internet of things will create a whole new environment.
Along with blockchain technology and cryptocurrencies, it will be the ideal environment for gaming.
In the table below you can check the difference between the IT evolution featuring interaction, computation, and information.
| Architecture | Web 1.0 | Web 2.0 | Web 3.0 |
| Interaction | Desktop browser | Mobile | AR VR |
| Computation | Server | Cloud Computing | Distributed computing |
| Information | Structured | Big data | blockchain |
Metaverse and Gaming
The Metaverse has been designed to attract users by creating the illusion that they are present physically in the reality they have entered.
Rather than using a basic two-dimensional screen, the
Metaverse offers next-level collaborative options, as it brings users into a digitally created 3D environment where they can feel, touch, smell, taste, and interact personally with everything around them.
It has got the immense potential for taking casino gaming to the next level.
The Metaverse creates a heightened sense of reality, especially when playing casino games because you will have deeper involvement with your surrounding environment.
That's precisely the reason why gaming is the primary platform for the Metaverse. People in the game environment can interact and engage as they could never before.
They will be able to experience reality at a deeper level, and instead of being fixed staring at a flat screen, they can enter into a whole new world.
Players can interact personally with the environment and everything around them. You won’t be physically present there, but it would feel like living in another reality, which is the next best thing.
Get Ready for An All-Immersive Gaming Experience
The Metaverse will impact not only a handful of games but every game that is currently under development worldwide.
The future of the Metaverse will feel like you are living within an open-world video game.
Apart from making gaming a more inclusive and immersive experience through AR (Augmented Reality) and VR (Virtual Reality), the Metaverse will also allow better monetization, engagement, and virality for games.
NFT Games in Metaverse
The integration of NFTs, ecommerce, and collectibles is designed to help people support and interact in new ways with their favorite avatars and players.
Play-to-earn games will also see an exponential rise in the coming years. An example of one such game is Playermon. It provides people with the chance to earn from third parties by participating in the Metaverse.
The game concept is to let players exchange their in-game winnings for money that is used in the real world.
The game offers them SGEM tokens, which you can earn by completing quests.
That’s a fascinating concept and only goes on to prove that with the rise of play-to-earn games in the Metaverse, it’s only a matter of time before crypto and gaming converge.
Metaverse Casinos
You probably are thinking about the future of online gambling with Metaverse - online casinos and sports betting experience in the virtual world. This is quite possible and is just one step further from what we have today.
It is possible to
play live roulette from a real casino alongside guests physically present in the venue, but with Metaverse you will be present in the venue.
The technology is already prepared for it.
The casino game provider
Authentic gaming is specialized in offer real casino games on your mobile or computer. They stream roulette games live from real casino floors from luxurious casino resorts. This is just one step to make you visit the venue virtually and explore a unique casino gaming experience. Casino metaverse will for sure help brick-and-mortar casinos to reach bigger audiences and get high rollers from all over the world.
Metaverse casinos will take the players to an immersive online gambling experience. You will be able to walk through the casino floor, enter the slots room and play alongside other gamblers.
A good example of a metaverse casino is Decentral.games. This project is running as a decentralized autonomous organization (
DAO) that has its own $DG token currency. Players can bet and get residual income for holding the proprietary cryptocurrency. As a token holder, you can also be part of the governance of the casino house funds treasury. The project is under the Ethereum blockchain.
The site is constantly offering parties and events to chill out and interact with other casino players. Gamblers can also get free crypto during the events. At the casino, you can bet real cash or free tokens. You don't need to leave your home to hang out with friends and have a good conversation while playing slot machines, video poker, blackjack or roulette at metaverse casinos.
The legendary video game icon Atari is also working in their metaverse casino that will be hosted on Decentraland. The Atari metaverse casino will have their ATRI token that is the cryptocurrency to be used in the casino.
DecentralGames structure
The Introduction of NFTs and Their Exponential Rise
NFTs (
Non-Fungible Tokens) will be a major feature of the Metaverse, and players will be able to benefit legally when they contribute to a game's success.
In the past, players didn't get any meaningful returns for their contributions.
When announcing Meta’s (known as Facebook previously) Metaverse plans, CEO Mark Zuckerberg claimed that NFTs would act like avatars for users in this virtual world.
Smaller organizations like
Decentraland have been using NFTs in their Metaverse as well.
Decentraland is a virtual world that runs on NFTs and cryptocurrencies.
It allows players to earn MANA tokens by participating, and the NFT asset is the LAND.
The game allows players to sell and buy virtual properties and assets, and South Korean players are already planning real estate within the game.
Sandbox is preparing to launch Alpha, their Metaverse, and this development is already making waves.
Gamers are rewarded in their gaming world by spending their creativity and time in the game, which allows them to capitalize and earn from the time they spend in the Metaverse.
As the platform starts developing partnerships with numerous IPs, players can craft, sell, and own NFTs on it. Will the development of the Metaverse continue to gain momentum? Only time will tell.
Not about NFT games but Metaverse is a good innovation point for the art business that can bring
NFT art to the next level. For sure, you will be able to visit an NFT museum and explore digital art in an immersive experience. You will be able to check the digital art and get a preview of how it will look in your home or in an exhibition.
Summary
Metaverse casinos are the next level of online gambling in web 3.0. The level of interactivity and the ecosystem based on blockchain and cryptocurrencies will favor the future of online gambling with the use of AR and VR. It is expected that land-based casino properties will move to Metaverse to offer a whole new disruptive gambling experience to its customers.
The games will also have innovation at metaverse casinos. The old slot machines will continue to be served but the concept of pay-to-play will start taking attention to the new generation of players that are more interested in sports betting and skill games.
Then on fiction movies, now in our reality. Metaverse casinos are very close to us starting with innovative spaces like decentraland, decentralGames, and other projects.
The future has just started.
Review by:
Alex RamosLast update:
30 December 2021Metaverse Casino FAQ
What is a Metaverse casino?
Metaverse casino is a virtual environment that players can enter through VR and AR to explore a new experience in online gambling. It is said that real casino brands will move to metaverse. It will be a virtual representation of real casinos.
Will Metaverse casinos allow real cash gambling?
Yes, Metaverse casinos will be based on blockchain and will be totally linked to cryptocurrencies and proprietary tokens. Players can deposit in local currency and convert to the virtual currency of the metaverse casino.
How Metaverse casinos will be regulated and licensed?
The regulation board the lincense online casinos will also license and authorize metaverse casinos. For example, a legal USA online casino or real casino can also offer its services through a metaverse gaming site.
What is Metaverse in a simple way?
Metaverse is a virtual representation of a real environment in a virtual world. For example, the Bellagio Casino Las Vegas can be in the Metaverse allowing virtual guests to play their casino and win real money and also buy NFTs on their shopping.
Will Facebook's Metaverse allow casinos?
It is too early to predict something about Facebook's metaverse. It will be focused on social interaction just like Facebook and Instagram do, but in terms of gaming it will be probably arcade video games in pay-to-play format.
