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DeFi

Emerging Casino Business Models

Messari

Aug 11, 2023 ⋅  2 min read

The world of onchain applications has potentially found a semi-sustainable business model that mirrors traditional casinos but with a distinct crypto twist. Onchain casinos monetize speculation by tying speculative entertainment value to token revenues. By monetizing speculation and subsequently returning profits to tokenholders — either via token buybacks, burns, or distributions, these tokens can jumpstart their projects “fundamentals.” However, continued product innovation combined with expanding social awareness will be key for these projects to succeed.

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