Atari has announced that it will launch an interactive cryptocurrency casino that will be accessible within Decentral Games' Metaverse, 'Decentraland.' The casino. which will resemble an old-school arcade, will be located in 'Vegas City,' a virtual gaming area within the 'Decentraland' where users can interact, play games, and make bets with cryptocurrencies.
Although 'Decentraland' is a fully virtual metaverse platform, the Atari casino will operate much like a traditional one. Users will engage in a variety of casino and lottery games, waging their own money in hopes of cashing out big. The difference, however, is that the platform will not use traditional fiat currency. According to the company utilizing cryptocurrency should be more secure because the system's betting logic will be stored in blockchain, preventing any kind of rigging.
Blockchain-Based Metaverse Casinos
Atari Set to Launch Interactive Crypto Arcade in Decentraland
Trend Themes
1. Blockchain-based Casino - Opportunities exist for developing fully virtual casino platforms that rely solely on cryptocurrency for transactions, providing increased security and preventing any kind of rigging.
2. Metaverse Gaming - There is potential for the growth of fully virtual gaming areas within Metaverse platforms, offering interactive experiences and enabling users to connect globally.
3. Crypto Lottery Games - Lottery games that rely solely on cryptocurrency can be developed, offering users the chance to participate using a more secure form of currency.
Industry Implications
1. Gaming - Gaming companies can explore the potential to create fully virtual gaming areas within Metaverse platforms and offer cryptocurrency-based transactions for increased security.
2. Finance and Cryptocurrency - With the rise of gaming using cryptocurrency, there is potential for the finance and cryptocurrency industries to collaborate on developing secure transactional systems within virtual gaming environments.
3. Entertainment - There is opportunity for entertainment companies to explore the potential of fully virtual Metaverse casinos with cryptocurrency-based transactions as a new form of entertainment for users.