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Decentraland (MANA) and The Sandbox (SAND) both saw massive rallies during the 2021 bull market. However, these GameFi tokens failed to hold onto their gains. Analysts now believe that GambleFi is a superior model and predict its top altcoin, Rollblock (RBLK), is set for 5,000x growth in 2024 alone.
Demand for Virtual Reality Games Too Low for Decentraland Growth
Decentraland is its own virtual reality world where users can buy virtual land to develop as NFTs. Decentraland’s business model allows users to develop various play-to-earn games that drive revenue for the token. The enormous potential of a virtual GameFi world drove Decentraland’s price as high as $5 in 2021.
However, the demand for low-quality virtual games never drove enough demand for the Decentraland token, despite the play-to-earn model. Decentraland’s price has since fallen to $0.25 over the years.
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The Sandbox Suffers Similar Fate of Low User Adoption
The Sandbox offers a similar experience to Decentraland but is geared more as an introduction to blockchain technology where users can develop and trade virtual items as NFTs. The Sandbox is targeted at a similar user base where virtual world development is powered by a play-to-earn business model.
The Sandbox coin price was also swept up in the 2021 rally, crossing $7 at its highest point. However, The Sandbox coin price has also suffered a similar fate to MANA in the last few years. The player numbers never developed high enough to drive real growth, and The Sandbox now sits at $0.26.
Rollblock Set to Dominate Online Gambling as GambleFi’s Top Altcoin
Crypto casino Rollblock learned the lessons of Decentraland and The Sandbox and chose to concentrate in a market with effectively unlimited potential. GambleFi brings the technology and insight of GameFi to the $500 billion global gambling industry. Online gamblers are desperate for a next-generation experience, and blockchain technology has the ability to meet all their desires.
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Blockchain technology allows Rollblock to offer fast, seamless and anonymous access to 7,000 online casino games. More than 20,000 players from all over the world are already enjoying unlimited access to Rollblock’s casino platform through the latest in UX design.
This is in stark contrast to the red tape, conversion fees and limitations of traditional online gambling sites. These sites also suffer from ugly and inconvenient UX design and a smaller number of games to choose from.
Rollblock is changing the game even further by reimagining the nature of its gambling token.
Rollblock makes its gambling token a source of value by pumping 30% of its own revenue into it each day through open market buybacks. Income is generated by using half the tokens as staking rewards, and the price is pressured higher by burning the rest.
Rollblock’s stage six presale price of $0.025 is expected to increase 100x out of its imminent ICO and hold onto these gains for decades to come as it grows to dominate this next generation of online gambling.
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Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
