It’s no secret that the allure of online casinos has captured the attention of many. But as new technologies emerge to meet player demands, metaverse casinos are also becoming a hot topic in the online gaming realm. After all, not many platforms can combine virtual and immersive gameplay with virtual and augmented reality technology to create a personalized yet interactive gaming environment.
As such, you must be wondering, what are metaverse casinos, and are they really better than online casinos?
What Are Metaverse Casinos?
Fun fact: did you know the term ‘metaverse’ first came from the sci-fi novel, ‘Snow Crash,’ by Neil Stevenson in 1992? That’s why some refer to him as a prophetic author.
But first forward to date, talk about metaverse is everywhere, including in the iGaming industry. What’s more, metaverse casinos partially operate within the same definition as provided in Stevenson’s book.
In simple terms, a metaverse casino is a gaming platform where players immerse themselves in an augmented online casino reality. Here, they can connect with other players in real-time by creating 3D avatars and participating in game rooms and various casino lobbies.
Built on the blockchain network, metaverse casinos use AI body tracking technology to monitor the movement of a human body and replicate it on 3D avatars. And once that’s done, you immediately enter a new reality with absolutely no limitations.
Gambling In The Metaverse vs Online Casino
Playing at the best online casinos is a hassle-free process. You simply find an ideal site, sign up, deposit, and start playing your favorite titles. Alternatively, playing at metaverse casinos requires a little more effort than that.
First, like casino sites, you need to find a reliable metaverse casino based on your gaming needs. And for you to do this, you must have stable internet connectivity as well as a compatible device.
Of course, since these casinos use augmented and virtual reality technologies, you’ll need a VR headset to access this thrilling world. Likewise, you’ll also need to purchase metaverse tokens, like SAND, BLOK, or MANA, for casino transaction purposes. But first, ascertaining the metaverse crypto token needed by the platform is important before you invest your real money.
Once you have your metaverse tokens and are registered on a Metaverse casino, you can begin your virtual betting adventures right away. Do note that these platforms offer exciting offers and rewards in the form of NFTs and crypto, just like the exclusive bonuses and rewards you get from online casinos.
Exploring the Impact of Metaverse Gambling
Despite being a relatively novel idea, experts still anticipate that the metaverse gaming market will hit the $169 billion mark by 2030. This is only about two decades after the first metaverse game, ‘Second Life,’ came out.
That said, it’s clear that these platforms are not only here to stay but are also bound to transform the world of online gaming as we know it. Here are three significant effects that will soon become widespread as more casino players embrace metaverse gambling.
Hyper-realistic Gaming Environments
Metaverse casinos go all in when it comes to replicating the luxurious casino experience. From creating lifelike graphics and elements to offering the same varied game selection and real-time interactions with other players, casino players are sure to find what they like regardless of their taste.
Further, there are no geological limitations. In fact, you can walk in and out of metaverse casino rooms as if you were in your favorite physical casino.
A Boost in Transparency and Fair Gameplay
A major attraction of metaverse casinos is that they are built on the blockchain network. In other words, developers use cryptographic algorithms to ensure all games are safe and fair. The experience is actually similar to a crypto online casino, but here, you get the added advantage of existing in a metaverse.
Cryptocurrency Adoption
Needless to say, you need metaverse crypto to play in such a casino. That means as more and more players embrace these types of casinos, it’ll also contribute to the increased popularity of the use of cryptocurrencies. What’s more, such transactions are streamlined, fast, and secure, making them more enticing to use.
A Step Into The Future
As the world shifts to the virtual realm, so is the gambling industry. Metaverse casinos have found a way to combine brick-and-mortar casinos and the massive game selection at online casinos to create an interactive gaming environment like no other. Apart from gaming, users can also earn crypto and valuable NFTs and customize their game settings on these platforms.
Nonetheless, while this bespoke experience is certainly tempting, it’s important to note that regulating this space is somewhat complex due to its decentralized nature. Luckily, few developers have implemented various policies, such as AI-driven responsible gambling mechanisms, to ensure player safety.
But as technology advances, we’re sure that metaverse casinos will borrow a thing or two from reputable casino sites that have managed to ensure safe, responsible, and varied gameplay for their players.
