The growth of the metaverse doesn’t seem to be slowing down as more people find innovative ways to use this digital environment. One new inventive way to use Web 3.0 presence is an application called Gambleswap, which is bringing gambling into the decentralized reality with upcoming releases that could start creating revenue-generating initiatives online.
Gambleswap is a company on a mission to expand their Web 3.0 presence of gambling games and applications. It has a whole lineup of blockchain projects in the pipeline, including an upcoming NFT collection, ICO, and metaverse casino among other things. But the greater initiative behind this new metaverse-powered organization is a desire to build fun and secure gambling experiences into cryptocurrency, NFTs, and more.
“Gambleswap is pioneering the space of decentralized online gambling,” shares a company representative on the company’s direction. “By combining the limitless possibilities of the Metaverse with the rapidly expanding gaming industry, Gambleswap is excited to lead the way in decentralized innovation, including NFTs, cryptocurrency, online gambling experiences, and more.”
One of the more exciting projects lined up for the company is an NFT collection that should hit the online world very soon. There will be 9,999 NFT mints ready for grabs as soon as the collection hits NFT marketplaces. The tokens will do more than serve as online assets. They will have many utilities attached to them. For one, there will be a profit-sharing structure for NFT holders, which will give them a cut of the online gambling pie. The profit-generating program will automatically become embedded into the NFT experience. According to the company, the plan is to allow 50% of profits as a pool of profit share for NFT holders. And it seems the founders are more than serious about making that happen. Moreover, there will be some resources pooled in and used for a monthly lottery, which will award prizes to the total of $250,000.
More than anything, the Gambleswap team is more than excited about providing an augmented income stream to their community of collectors. “We believe everyone should be able to benefit from the casino industry, not just the elite,” the company explains. “That’s why we are giving 50% of the profits generated in the house back to NFT holders.”
By pioneering the gambling space in the metaverse, Gambleswap hopes to do more than be the first to take this direction. The team members are avid believers in the power of NFT and metaverse applications. Accordingly, the company has focused in making most if not all of its efforts digital so they can reach a global audience in one go.
The Gambleswap development team is continuing to work on a model that will sustain the movement over the next few years. Gamble swap is determined to make this project a self-sustaining one by bringing in profits that will help keep the company’s lights on. The company also currently has an ongoing ICO, which will work a program that utilize th BEP-20 protocol of Binance Smart Chain (BSC) and with a limited total supply of 500,000,000.
As they continue development, Gambleswap hopes that their metaverse casino will be a new and exciting destination for all people alike.