NFTs experienced a meteoric rise in popularity during the 2021 bull market for cryptocurrencies and non-fungible tokens. Since then, NFT values have significantly decreased during this year’s crypto winter as people have started to question the real-world utility of NFT collecting.
BetU, a crypto sportsbook and casino, has created a unique use case for NFTs, inserting them into their new online slot game, NFTreasure.
NFTreasure: Definition
NFTreasure is an online slot game with NFTs from well-known collections like Bored Ape Yacht Club (BAYC), Crypto Punks, Neo Tokyo, Doodles, MoonBirds, VeeFriends, and Azuki.
The game features the NFTs of popular crypto influencers and project owners Alex Becker & Jrny Crypto. As an influential personality in the cryptocurrency market, Jrny Crypto stated he did not expect his BAYC NFTs to be worth anything, however they turned out to be his most successful investment.
Alex Becker, the founder of the highly-known Neo Tokyo project and digital AI ad tracking company HYROs, has been a huge supporter of the long term prospects of crypto gaming and NFTs. The special symbol within the NFTreasures game features his NEO Tokyo Citizen NFT which activates a large payout.
BETU bonus game with major rewards
The spelling of BETU, triggers the bonus game, where players select from one of 3 tokens that reveal a Doodles, Moonbirds, VeeFriends or Azuki NFT along with a prize value.
Players can choose to use major cryptocurrency: Bitcoin, Ethereum, USD Tether, Binance Coin, Kucoin as well as BETU tokens to play NFTreasures and try their luck. The popular ApeCoin will soon be added.
Additional revenue stream for NFT owners with gaming royalties
Utilizing NFTs in online gaming, such as video slots, opens up new revenue opportunities for collectors. BetU pays a royalty to owners of NFTs featured in their games and are also partnering with project owners to make more exclusive online slot games.
Project owners can use gaming royalties to support their project in different ways such as buying the floor of their collection on secondary markets and rewarding their community through giveaways.
More to come for NFT-based games
By combining the traditional elements of a slot machine with the cutting-edge technology of blockchain, the NFTreasure online slot game produces an exciting and immersive experience for players.