LONDON, April 28, 2022 (GLOBE NEWSWIRE) — ICE London attracts the cream of the gaming industry as it is the world’s largest gathering of gaming experts seeking product solutions and/ or services in all sectors. For all B2B gaming industry specialists, ICE London is the Global Gaming Hub. The premier gaming technology convention for business growth, development and networking, the event continues to be unrivaled for gaming conventions.
NetGaming’s NFT debut
This high reputation was, of course, what was behind NetGaming’s efforts to secure a place at the highly lucrative exhibition. The company is an up-and-coming online casino developer that has defied expectations with each new release. One of the highlights of their ICE London exposure was their membership in the Mutant Ape Yacht Club, which marked their official entry into the non-fungible token (NFT) space.
Pallavi Deshmukh, CEO of NetGaming.com, commented on the news, saying he was delighted to have obtained four rare MAYC NFTs while working to be the first in the industry to create crypto and NFT-related games of this caliber.
“As an innovator in this space, we aim to put this title in the hands of our players in the second quarter of this year as we continue to deliver unique propositions and invest in top talent to ensure NetGaming’s longevity. with more exciting updates on the horizon,” adds Pallavi Deshmukh.
Since August 2021, the company’s crypto projects have undergone various adjustments to provide the best possible product for its customers and ever-growing user base. He embraced this electric desire for a true NFT slot game by leveraging his world class team to create the world’s first Mutant Ape themed AAA standard slot game.
Hundreds of online gaming sites, including industry giants Unibet, Videoslots and Parimatch, now have access to this new hardware.
The Rise of Crypto and NFT Casinos
It is impossible to ignore the growing popularity of online casinos that accept cryptocurrencies. In fact, an increasing number of players are experimenting with online casinos where they can deposit cryptocurrencies rather than fiat currency. Luckily, it’s now easier than ever to play using any of the popular currencies, such as Bitcoin and Ethereum, at an online casino that supports them.
We can easily explain why the cryptocurrency-based gaming industry is thriving. Many modern players prefer to play online casino games without having to worry about currency conversion or payment processing costs. This is especially true for international iGaming sites.
With crypto-powered casinos, these players can avoid any financial transaction costs, get faster withdrawals, and continue to play most popular casino games offered at typical fiat casinos using cryptocurrencies.
Similar to digital currencies, the adoption of NFTs has also had a significant impact on various businesses in recent years. The gaming industry is also catching up. Currently, NFT initiatives are primarily focused on this area, setting the tone for future advancements. The development potential is huge, and some players have even discovered new ways to earn money as passive income.
It will be fascinating to see how utility NFTs like NetGaming’s latest product perform once they hit the market and mature. This could be a great way to generate indirect passive income from the online gambling industry.
There were a few hiccups along the way. Yet, the pace of development and advancement of the sector is nothing short of impressive. Developers and stakeholders from various industries have been at the forefront of advancements, most of which are user-centric.
Launched in 2019, NetGaming has proven to be a force to be reckoned with in the iGaming industry. It is currently giving other casino game providers a hard time, including industry leaders, which shows just how much potential it has.
It has an advantage thanks to the fact that it was founded by a diverse group of industry professionals with a variety of backgrounds. These include ex-executives of NetEnt, who helped it shake up the iGaming industry with great products and outstanding services. In just two years, he’s built a handsome portfolio of over 30 high-quality slot and table games. By launching new NFT and crypto products, the company is looking to expand its footprint even further.
For more information, you can contact NetGaming at [email protected] or by phone at +35621636734.
Image 1: NetGaming NFT wall at ICE
An image of the NetGaming stand at ICE London 2022 ©NetGaming.com
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NetGaming NFT wall at ICE