Slotie, an “innovative decentralized betting platform” is aiming to bring innovation to DeFi, utilizing blockchain and NFTs.
Slotie platform allows their users to stake their own NFTs to earn passive revenue, also giving them the benefits of enjoying gambling.
Slotie is an innovative ecosystem using NFTs and DeFi to redefine the casino industry. It allows users to add non-fungible tokens to slot games allowing them to become the “house”.
The project was launched on 7th December with incredible success. The whole debut collection was sold out in just 4 minutes.
The project recently made its headlines with the launch of the Junior collection of Sloties. Junior Sloties is a newly introduced collection of 10,000 NFTs. 5000 of these NFTs will be bred by original Sloties, while the other half will be sold.
The utilities from Sloties Junior vary from that of the Originals Sloties. If the Sloties Originals had all their ultiles from the online casinos then Slotie Juniors would be all about MetaVerse.
Many companies have already started an attempt to build projects on Metaverse. In its early stages, Meatverse has attracted significant investments from gaming companies, and tech giants.
Sloties Juniors NFT is bringing the gambling industry to the metaverse. Sloties Juniors are not just going to metaverse, they are building their own – The SlotieVerse.
The idea of jumping to LasVegas, from your living room has casinos knocking on the metaverse door. Slotie Juniors are all set to welcome their own metaverse – The Slotie Verse.
The team behind the project has announced that it will be developing a new decentralized virtual reality platform known as The SlotieVerse.
Owning a Junior Slotie is a virtual access pass to the world’s first metaverse based casino.
SlotieVerse is a LasVegas metaverse experience and a decentralized virtual reality platform powered by the Ethereum blockchain. It aims to attract all casinos to create an unmatchable experience for the users.
One of the biggest problems with traditional casinos is the indulgence in unethical practices. These casinos are only able to provide gambling activities.
In SlotieVerse, these casinos can not only provide the games but also improve the overall social experience of the users.
Casinos in SlotieVerse can concentrate on building eye-catching buildings, host live concerts, and reward their customers while the developers and designers can benefit by creating interactive designs and game logic.
Slotie Juniors are a collection of 10,000 unique networks and grant the proof of ownership on the Ethereum blockchain, based on the ERC-721.
Only 5000 Juniors will be ever mintable, and the remaining 5000 Juniors are reserved for Slotie Holders to breed.
Slotie District
Each Slotie Junior gets a plot of land, a total of 10,000 plots. These plots of lands are called a Slotie District that create a whole district in the SlotieVerse.
The community can decide what they wish to do with the land. It is controlled by a smart contract, where the community can vote and make big decisions.
Land in Sandbox
Slotie Juniors will own land in Sandbox, which will be developed as a casino and this casino will serve as a bridge to the SlotieVerse. The Sandbox land is managed by the Junior’s DAO.
Free Spins, Rakeback and Discounted Tickets
Slotie Holders can attend virtual events in the SlotiVerse at discounted rates. The holders can also receive free spins on slot machines and rakebacks on other casino games in the SlotieVerse.
Wall of Owners
In the Slotie District there is a wall of owners with 10,000 statues of each unique Slotie Junior. These statues are owned by Slotie Junior holders and can name the statues after themselves.
Exclusive Holder Reward (EHR)
Slotie Junior NFT holders are rewarded with the deserved Exclusive Holder Rewards ( EHR) from the SlotieVerse. These rewards are received from the SlotieVerse marketplace where users can trade with different assets, and also from the Slotie Junior’s slot machines.
Decentralized apps in the gambling industry have enabled the entire betting system to run on decentralized protocols employing smart contracts.
The platform aims to bring innovation to DeFi by utilizing blockchain and NFTs in a unique way. With amazing metaverse projects like “SlotieVerse”, the team has definitely maintained its position as “an innovation hub” in the gambling industry.
The Slotie project is paving its way towards decentralized casino games, by increasing transparency and providing a seamless user experience.
Website : https://junior.slotie.com/
Twitter : https://twitter.com/SlotieNft
Discord : https://discord.gg/slotie
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
The first U.S. exchange-traded fund offering spot exposure to XRP has crossed $100 million in…
The global cryptocurrency market climbed on Saturday after the United States and China reached an…
Bitcoin has confirmed a breakout above $111,000, showing strength after several weeks of sideways movement.…
President Donald Trump’s choice of Mike Selig to lead the U.S. Commodity Futures Trading Commission…
For years, XRP has lived in the shadow of Bitcoin and Ethereum, often labeled the…
Clearly, current market conditions are gloomy and bearish, marked by a significant downturn in the…
