The Central American country of El Salvador has confirmed information that it is launching the state’s first virtual gambling establishment.
In it, guests can buy and sell NFTs (non-fungible tokens). The new project will also have a physical office in the country. The company responsible for the project is Astro Babies, and the name of the gambling establishment will be simple—it will be called Astro Casino. Such bold plans are being announced despite the obvious crisis of NFT technology.
Monica Taher, who serves as the director of international relations for technology and economy in El Salvador, announced that the initiative will be realized in close cooperation with the government. The director also published a video of the company that shows what the casino’s facilities will look like once it is completed.
Astro Babies has ambitious plans for Astro Casino. The land-based casino will feature a wide range of activities and products, including slot machines, table games, and weekly poker tournaments. With a gaming area, lobby, bar, restaurant, DJ, terrace, and VIP area, the casino promises a comprehensive and exciting experience for its guests.
In the meta-universe, there will also be a virtual version of the gambling venue, including a marketplace for selling, buying, and auctioning NFTs. It will run on the Solana blockchain and be operated by the Astro Babies initiative.
Usually, online casinos use blockchain technology to operate in different markets and provide customers with convenient payment methods. For example, if you study the top 10 search results, including the most popular online casino Melbet, you will see that the same bitcoin is used almost everywhere. Moreover, if you go to Melbet registration online and create an account at this casino, then in the section with payment instruments you can see also USDT, Ethereum, Dogecoin and other popular cryptocurrencies. However, in land-based casinos, such payment methods. Not to mention the realization of such a complex and exotic project as this one.
The launch of Astro Casino is not just a standalone event. It comes at a time when the gaming industry is increasingly turning its attention to the meta-universe. The strategic investment by BOTS, a global technology conglomerate, in XR Casino, a technology company specializing in cross-technology Extended Reality (XR) casino gaming, is a clear indication of the industry’s future direction.
In addition, the organizers of the upcoming Casino Esports Conference have stated that one of the main points will be implementing meta-universe technologies in gambling establishments. Obviously, far-sighted market players came to a simple conclusion: such technologies are the future, and it is necessary to implement them to keep up with it.
Bitcoin in El Salvador: In a historic move, El Salvador became the first country to adopt Bitcoin as legal tender in September 2021; this decision aimed to foster financial inclusion within the country and leverage technology for economic growth.