POKER tables in Decentraland’s ICE Poker casino have never been busier – with 6,000 unique players each day.
The play-to-earn poker platform makes up more than 30 per cent of Decentraland’s daily users.
In the last three months, the game has generated over $7.5 million in revenue, according to Decentral Games founder Miles Anthony.
Mr Anthony told CoinDesk: “At any given time, we have over 1,000 players playing poker.
“It doesn’t sound like a lot of users, but when it comes to the open metaverse, it’s pretty substantial considering the main issue right now with metaverses is that they’re empty.”
The casino has two separate tokens – ICE and DG – to support its ecosystem.
Users are required to purchase one of the casinos NFT wearables before being able to win actual coins.
The wearables, which are sold in drops on the platform, already sell on secondary marketplaces such as OpenSea for high prices, with a floor price of 2.46 ETH or around $6,500.
Because of the high-priced point of entry, guilds have started to become a key aspect of the game’s ecosystem.
Gaming guilds typically rent out crypto assets for a share of future profits from retail users.
Mr Anthony added: “I actually think large guilds are really detrimental to game economies.
“Obviously the valuations for guilds have been pretty wild.
“And it can be great for even the short term, but I think a lot of these deals kind of overlook long-term effects.”
Mr Anthony said the platform solves this problem through a built-in delegation system, where players can loan an NFT wearable to another user in exchange for a 60-40 share of revenue earned using it.
