Over time, the gambling industry becomes more and more appealing to humans. One of the main reasons behind this is that the mentioned field provides customers with a plethora of new services. One of the innovations in the industry is launching the NFT slots tournaments, which will allow the players to get the most out of their gambling process and make money with the help of digital assets. This is the first-ever NFT slots tournament, hosted by Spinomenal, the premier iGaming content provider, in collaboration with the NFT expert Aplica Media. Royal Sharx is the name of the joint venture between the two firms.
First and second place winners in each of the two tournaments will get an NFT-based VIP card as part of this groundbreaking tournament program, which started on June 27th, 2022. The event culminates on Monday, July 11, 2022, with four Royal Sharx NFTs up for grabs. To participate in the competitions, Spinomenal’s Wolf Fang title or Kakekkorinrin’s RinRin slot must be used to register players. For the tournament leaderboards to function properly, the content provider will rely on its unique tech knowledge.
It is also worth mentioning that NFTs aren’t only used in online casino slots. They are quite popular among NFL enthusiasts. Supporters of NFL teams usually visit NFL crypto betting sites, in order to generate money and purchase the NFTs related to their favorite teams. Thus, this NFT slots tournament is a great chance for them to make money with the help of gambling. According to Nir Ronen, Spinomenal’s Chief Commercial and Operation Officer, “Spinomenal prides itself on being at the forefront of online gaming, and this NFT competition embodies our innovative mindset.”
More Things To Know About NFT Slots Tournament
After the event on July 11, the Royal Sharx NFTs will be given out. As a result, the four fortunate winners will be rewarded with exclusive VIP member perks at all of the project’s partner online casinos, right away.
To participate in the event, casinos must first sign a content collaboration agreement with Spinomenal. Spinomenal’s Wolf Fang title and Kakekkorinrin’s RinRin slot both allow players to enter the competitions. Spinomenal integrations allow each game to be played on Kakekkorinrin and 10cric. The tournament leaderboard mechanisms will also be handled by the content provider’s technology. Until now, internet casinos haven’t had a way to reward their most loyal customers with VIP status.
Spinomenal will demand a content relationship for online casinos to participate in the NFT event. The event culminates on July 11th, 2022, with four Royal Sharx NFTs up for grabs.
In addition, Spinomenal’s Wolf Fang title and Kakekkorinrin’s RinRin slot allow players to enter the competitions. Both Kakekkorinrin and 10cric offer each game. Aplica Media’s COO and Founder, Asaf Shohat, added: “We’re continually seeking exciting partnerships where we can stretch our specialty abilities inside the NFT field.”. A well-known brand in the industry, the business is renowned for its lightning-quick turnaround times, reliability, inventiveness, and adaptability.
As of 2014, Spinomenal has released more than 100 stunning HTML5 slots. Every month, players can look forward to one to three brand new releases. Using Spinomenal’s aggregation platform, operators have access to more than 2,000 casino games provided by reliable third-party providers. NFT-related gaming is moving at a rapid pace. El Salvador stated in mid-June that it will open Astro Club House, the country’s first NFT club. Stakes, an NFT betting provider, revealed in May that it had secured a major $5.3 million investment to see its objectives happen.
NFTs And Online Gambling Industry
The most prevalent application of NFTs in online casinos is VIP tickets. Depending on the uniqueness of your NFT, you may be eligible for rewards at various online casinos. From bonuses to free spins to cashback, there is a lot to look forward to if you hold one of these tokens.
NFTs are often distributed by casinos or are part of a wider gaming network. There are several instances of this, such as the Rollbot NFTs created by Rollbit and Sloties! NFTs have a positive impact on reward distribution in online casinos. To gain entry into the casino’s VIP program and get loyalty awards, players must currently play for numerous hours and spend significant sums of money.
While this method works, it puts gamers at risk of developing gambling addictions. Changes in prize distribution in online casinos have been made possible by the introduction of non-fungible tokens. NFT allows real money online casinos throughout the globe to reward their most loyal customers without putting them in danger of becoming addicted to the activity. Additionally, NFT token holders may profit from online casino house edges that they control. In NFTs, owners may receive prizes when their tokens are staked by their players to win them! On one end of the scale, slot games provide players the opportunity to earn non-financial benefits. Each player receives a proportion of the wagers they make on the other player. Base price is established at the start of NFT to ensure that if you win, you get a payout.
Disclaimer: This communication is for 18+ only. Gambling involves an element of financial risk and may be addictive. Please play responsibly and at your own risk. This post contains material that may or may not be legal in your country. Subject to applicable law.
