Online cryptocasino Gambulls will launch NFTs combined with iGaming
Online crypto casino Gambulls combines online gambling with NFTs. The company will issue 6,673 NFTs later this month, on March 31, 2023, on Magical Eden. “The aim of the NFT release is to raise funds to stimulate growth to increasingly dominate the online gambling market share,” iCasino said.
Gambull’s NFTs will benefit significantly to be exploited by the owner, according to the online casino platform. This includes free weekly cash prizes, rakeback, bonuses, commitment-to-earn program from the platform, and other exclusive benefits at Gambullls.
“Given the sheer size of the Gambullls community, combined with fans and followers of Jelly Co, an initial NFT buyer would not have a hard time selling them on the secondary market. However, die-hard fans of Gambul’s NFT will stick with it for the long term, as they can enjoy NFT’s benefits, says a press release.
Gambull’s NFTs act like a membership card with smart contracts guaranteeing their utility and value. “This makes the NFT incorruptible and reliable for the holders to provide the promised benefits,” notes iCasino. Gambull’s NFT collection has a verifiable number of minted NFTs. The collection consists of 6,673 bulls, including 7 legendary ones.
The value of an NFT can be determined by how likely it is for one to have a certain amount of characteristics. “For example, among the 6,673 NFTs, perhaps only a handful of them have the green eye color. This makes the green-eyed Bulls rarer and a prized possession for NFT collectors to pay for,” the business explained.
By using NFTs, Gambulls will not only raise capital, but also reinvest said funds back into the community by offering these incentives. “The NFT Marketplace will be built with a strong focus on community, providing users with tools for social interaction, curation and NFT discovery,” the online casino said. “Greater accessibility, convenience and exciting opportunities will be provided to those involved in the NFT market.”
Gambull’s NFTs will go hand in hand with Gambull’s NFT Marketplace, which will be developed much later after the NFTs are released. The marketplace will use three major blockchains – Ethereum, Polygon and Solana. This allows users to easily switch between networks, explore a wide range of NFTs and make purchases with their preferred network-compatible cryptocurrencies.
“The NFT marketplace will be built with a focus on community, providing users with tools for social interaction, curation and NFT discovery“, it said in a statement. Greater accessibility, convenience and exciting opportunities will be provided to those involved in the NFT market.”
According to the company, the capital raised will launch the anticipated Gambull’s Metaverse. Gambull’s NFT holders will control a unique avatar to mingle with other users and play online games together in real time.
