Review of NFT Project Slotie - Are you interested in gambling and are curious about the latest NFT projects? We share our complete review of the NFT project Slotie right here.
Slotie NFT project is something disruptive in the online gambling industry. Owners will be able to hold or bet tokens at online casinos and also mint their own junior versions of their NFT art. When you buy any Slotie NFT art, you will be opening different doors to link your ownership from a passive income, investment, and entertainment.
The NFT project Slotie is operating in partnership with a big selection of the
Bitcoin Casinos giving you the opportunity to explore the exciting world of Defi gambling. The NFT community will benefit from over 150 casinos worldwide.
about how it works? benefits staking watt token team summary
About Slotie NFT
That's precisely what Slotie NFT is, as it ensures that you can become a co-owner in an online casino. It's an NFT project based on Ethereum, and the brains behind it are the team at Elia Software.
The central theme of the NFT project is that it creates passive income for every holder by offering them a staggering 80% of the commissions that Slotie will earn from slot games on online casinos based on the Slotie theme.
As of December 7th, 2021, an astounding 10,000 Slotie NFTs had been minted, which goes on to show you how popular it has become. We will be sharing our complete review of the NFT project Slotie right here and whether you should be a part of it.
How does the Slotie NFT Work?
Online casinos are popular and raking in millions mainly because they combine bright colors with lots of fun and give people the chance to get rich quickly. The mathematics favors them, too, because casinos will always make more money when more people play the games they have on offer.
The Slotie NFT project combines decentralization and smart contracts into the world of online casino gambling, as it allows NFT holders the chance to become co-owner in any online casino.
There have been instances where people gambling at online casinos were denied their winnings because the casino claimed a glitch in the casino system.
That will obviously piss off many people, but with decentralization and smart contracts, that's something you will never have to worry about.
The Slotie NFT project is welcoming because it ensures fair gaming and gambling practices for everyone, even the holders. Here are some of its benefits:
Benefits - Executive Holder Rewards
The primary benefit of the Slotie NFT project is that it offers EHRs or Executive Holder Rewards. The process works like this:
1. Online crypto casinos integrate or introduce slot games based on Slotie NFT. 2. There will be a 12% commission given to Slotie for all revenue generated from these games. 3. Out of the 12% commission, holders of Slotie NFT will be given 80% in WATTs, which they can convert into Ethereum. The rewards will also be paid monthly.Therefore, at higher levels, whenever gamblers spend $100 on slot machines based on Slotie, here is what the breakdown will look like:
The online crypto casino will keep $0.88 Holders of Slotie NFT will receive $9.60, spread amongst them based on how rare the Slotie NFT they hold is. The team behind Slotie NFT will be given $2.40.The passive income part of the Slotie NFT project will be based on the number of online crypto casinos that have integrated Slotie slot machines into their game offerings.
Currently, there are over 30 online slot games that have partnered with more than 150 online casinos, so you can say that you can earn a significant amount of passive income from the Slotie NFT project.
You can also check out the casinos offering Slotie slot machines on Eliasoftware and its affiliate casinos.
Owner-Player Benefits
Apart from the potential rewards that you will earn by staking and owning Slotie NFTs, you can also receive these benefits as a player-owner at partner online casinos:
VIP Membership Get cash-back 20% of all lost bets at online partner casinos It's one of the best ways to ensure that you will not lose out by owning NFT Sloties.
Breeding and Junior SlotiesSlotie will also come out with a breeding system, which allows you to generate new Slotie NFTs, known as Junior Sloties, and will be at a maximum of 10,000, with 5,000 of them reserved for minting and 5,000 for breeding purposes.
People who own two Sloties that are original can also breed Junior Sloties and 1,800 WATT Tokens. The Junior Sloties aren't for decorative purposes as well as they can be used as the original Sloties. New slot games will also be created for them to be integrated into the Sloties ecosystem.
NFT Staking
Apart from the Executive Holder Rewards that you will earn by simply being the owner of a Slotie NFT, you also have the option of staking your Slotie NFT or another NFT on any slot game to get higher rewards.
Therefore, the higher the NFT value you are staking, the greater your rewards will be in return. That also means another player can win an NFT from you in a slot game, which is why it is risky.
The risk is mitigated by some measure, as if you lose your NFT to another player, you will be compensated for the amount you have previously agreed upon before staking your NFT. Staking your NFT on slot games based on Slotie is optional, and you don't have to do it.
WATT Token
WATT is the token for the ecosystem of Slotie NFTs. You can trade them for Ethereum, but the primary purpose of the Watt Token is their utility and not their tradability. Every Slotie NFT will generate 10 WATT every day for their owner, and the revenue sharing from the Slotie games will be paid to the owners in WATT tokens.
The Team behind Slotie NFT
Before we get into the nitty-gritty of things and start talking about Slotie NFT, discussing its overall mechanics, and how you can generate passive income from online casinos with Slotie NFT themed games, we must first highlight the team behind Slotie NFT. The first thing you want to know about any NFT project is the team behind it to ensure that it's not an elaborate scam.
Unfortunately, there are a lot of scams in the NFT community, and that's mainly because the owners of NFT projects mostly remain anonymous. That becomes easier for them to hoodwink people into investing their hard-earned money and then pull the rug from under their feet. However, the chances of a scam with Slotie NFT are meager as there are complete LinkedIn profiles for the entire Elia Software team. Here are some of the prominent team members:
Product Owner - Tas Nicolaou CMO - John Hrzic Head of Communication - Brianna Quintero Digital Marketing - Nelly Cyprichova Game Design - David Tonson Software Engineer - Nick Bunia Smart Contract - Marc Gibson Art Director - Lukas TiikEven though you have the names and profiles of all the team members behind Slotie NFT, that doesn't mean that there can't be a scam in the future. That's because there are plenty of fake LinkedIn profiles with fake headshots, which is why you should always Google the people behind any NFT project.
Conclusion
There can be no denying that Sloties has disrupted the online gambling industry, and if current trends are something to go by, you can easily see why people are interested in them.
The possibilities for NFTs are virtually endless, and they can be a highly profitable investment if you are looking to generate passive income or create new income streams.
Don't forget to visit the
casinobillionaire NFT page to get more information about this and other amazing NFT projects that I'm promoting in the community.
Gambling is a part of our everyday lives, whether we like it or not. People tend to gamble in everything they do, whether it is taking risks at work for that promotion you always wanted or trying your hardest to win over the girl you have always liked. However, gambling is more serious than relationships and work promotions for most people.
They take gambling as a way to earn money and are always looking for online casinos and betting apps to rake in as much money as possible. It doesn't matter how you gamble; the one unbroken rule for gambling is that the "house always wins". It doesn't get much better than that, and if someone told you that you could become a part of that house, it would obviously pique your interest.
Review by:
Alex RamosLast update:
10 March 2022| NFT Project: | Slotie |
| Theme: | Casino Slot Machines |
| Passive Income: | Yes |
| Residual Sales: | Yes |
| Features: | linked with online casinos |
| Token: | WATT |
Slotie NFT RatingsTheme & Art: 7/10
Features: 8/10
Originality: 8/10
ProsNFT StakingInvestmentRaritiesProfit on tokensVIP Membership with a lot of perksConsThe group behind is relatively newNo innovative games at the partner casinosFAQ
What is Slotie NFT?
Slotie NFTs are rare and unique artworks that gives several benefits for its owners/investors. When you buy Slotie NFT, you will also be part of a select group of VIP members that will take advantage from lucrative tokens and perks at online casinos.
How much cost to buy Slotie NFTs?
The updated price of Slotie NFTs are available at their webpage. Note that the initial NFT collection is sold out so you must dig for any resale that could be available at slotie.com.
Which wallet I supports Slotie NFTs?
You can use Metamask, and a variety of wallets available with walletconnect.
What are the benefits for Slotie NFT holders?
You can bet your NFTs at partner online casinos, get revenue share from house edge, rewards from new games in the casino network, cashback at casinos, chances to win the weekly lottery, generate watts (internal currency).
What is the Slotie NFT supply?
On presale was minted 2.5k of Slotie NFTs. The public sale is 7k and 500 NFTs giveaways.
How can I mint a Slotie junior?
You will need 2 Slotie NFTs and 1,800 WATTs.
