Gambulls Reveals Plans to Disrupt Online Gambling with NFTs
The online crypto casino Gambulls has announced a novel way in which it plans to combine online gambling with NFTs.
At the end of the month, the casino will be releasing 6673 NFTs on Magic Eden. These NFTs will have a number of purposes. First, they will be used to raise money to help Gambulls grow. Second, they will give owners the chance to claim free weekly cash prizes, rakeback, bonuses, and a number of other exclusive benefits.
There is a large online Gambulls community, so it is expected that those who initially buy one of the NFTs will have little problem selling it. However, the casino is hoping that casino members will hold on to their purchases and enjoy the benefits it brings.
The Gambulls NFTs are similar to membership cards that come with smart contracts to ensure they remain valuable and useful. The collection of 6673 Bulls being released will include 7 Legendaries. The value of each NFT can be calculated by how likely it is for it to hold certain traits. For example, only a few will have green eyes, which means that the Bulls with green eyes will be rarer and more valuable.
Gambulls has said that it is planning to reinvest the money it raises back into the community through incentives.
The casino is also planning to launch an NFT Marketplace that will have a strong focus on the community. Gambulls has not said when the Marketplace will launch, but they revealed that it will use three blockchains, Ethereum, Polygon, and Solana. The idea is that members will be able to easily switch between the blockchains to explore a wide range of NFTs and purchase them with a cryptocurrency of their choice.
The money will also be used to start building the Gambulls Metaverse. Those who purchase a Gambulls NFT will be given a unique avatar to control, allowing them to mix with other users and play together in real-time.