crypto-analyst

The post Top Gambling Tokens Worth Investing In This Year appeared first on Coinpedia Fintech News

When considering cryptocurrency investments, the intersection of blockchain technology and online gambling presents a unique and potentially lucrative opportunity. This is particularly evident given a Markets and Markets report projecting revenue from the global blockchain gaming market to reach $65.7 billion by the end of 2027. With the continuous growth of digital assets, gambling tokens …

crypto-analyst

The post Top Gambling Tokens Worth Investing In This Year appeared first on Coinpedia Fintech News

When considering cryptocurrency investments, the intersection of blockchain technology and online gambling presents a unique and potentially lucrative opportunity. This is particularly evident given a Markets and Markets report projecting revenue from the global blockchain gaming market to reach $65.7 billion by the end of 2027. With the continuous growth of digital assets, gambling tokens have become an attractive option for investors, offering significant returns within the flourishing online gambling sector.

After all, we’re in 2024, and many savvy investors have recognized the value of such assets. Moreover, people are veering away from the idea that they should solely be used for conventional activities like business transactions or payments. Of course, there is nothing wrong with using crypto for standard purchases, but using one’s digital currency goes beyond that. 

Indeed, many have been using it for pastimes such as online gambling for quite a number of years already, which is why the iGaming niche has seen a huge surge in crypto-friendly casino operators. One great example of such operators is BitStarz Casino: not only are there a variety of crypto payments accepted for deposits and withdrawals, but there is even a list of Bitcoin games, where you can wager BTC and win real money prizes. And if you’d like to find out more about this provider, we highly recommend for you to read this detailed review by BonusMonitor.ca.

1. HypeLoot

hypeloot

HypeLoot (HPLT) is an AI-powered crypto casino boasting a global user base of over 150,000 individuals. Recently, the team introduced a native token, HPLT, available for purchase in a token presale event. To acquire the token, simply connect your crypto wallet and purchase it using ETH, BSC, USDT, or USDC. It’s important to note that the presale comprises multiple stages, with each stage offering the token at a higher price than the previous one. Therefore, purchasing the token early in the presale will result in a lower price.

Considering that HypeLoot has been operational since 2022 and generated revenue exceeding $1 million in 2023 alone, investing in the HPLT token may be worth considering. This is because HPLT holders are entitled to a share of the profits generated by HypeLoot.

2. FUNToken

funtoken

Next on our list of top gambling tokens is FUNToken, set to revolutionize the iGaming landscape with its blockchain-driven innovation. FUNToken caters to the global gaming community, prioritizing transparency, fairness, and seamless integration with major crypto gaming platforms.

What sets FUNToken apart is its use of the Polygon blockchain for its XFUN token, enabling faster and more cost-effective transactions compared to Ethereum. This efficiency makes the token an ideal choice for players and operators alike within the gaming ecosystem.

Furthermore, FUNToken has garnered strong support from its community, with over 350,000 holders, highlighting the token’s broad utility. FUNToken has cemented its position in the Bitcoin Casinos sector, offering a range of cutting-edge platforms such as XFUN Bet for sports betting, DPLAY Casino for crypto gaming, and XFUN Arcade for skill-based gaming.

3. HEROcoin

herocoin

HEROcoin (PLAY) started as an ERC20 token aiming to revolutionize traditional betting by cutting out intermediaries like bookmakers, enabling direct competition among bettors. The PLAY token is central to a broad ecosystem, expanding its use beyond betting into areas like esports, NFTs, and metaverse projects.

Despite facing challenges, including the crypto winter of 2018-2019, which impacted its ICO earnings, HEROcoin remained resilient. It was eventually acquired by Greentube, a subsidiary of iGaming giant Novomatic, leading to its transformation from a single utility token to a diverse asset covering various projects, aligning with its goal of becoming the leading crypto gambling token.

As regulations become clearer, the outlook for cryptocurrencies like HEROcoin in iGaming remains promising. Beyond iGaming, HEROcoin is poised to make an impact in the broader gaming industry, which is expected to be valued at $321 billion by 2026.

4. Exeedme

exeedme

In traditional gaming, only a few, like professional gamers and streamers, can earn money from their skills. Many players invest in in-game items that they can’t sell later. Exeedme aims to change this by creating a peer-to-peer gaming economy.

Using blockchain technology, Exeedme connects different game worlds, allowing assets to be easily transferred between them. Unlike traditional setups where assets are limited to one game, Exeedme aims to create a more flexible digital universe.

Exeedme operates as a tournament platform where gamers can challenge each other and bet on the outcome. Players can earn XED tokens and exclusive NFTs based on their performance. The platform employs modern features like video referees and telemetry to ensure fair play in cryptocurrency gambling.