The advancement in technology, specifically blockchain technology, has taken the online gambling industry to another level. Thus, we have created what is termed GambleFi, a fusion between gambling and decentralized finance. As a society, we find ourselves approaching the era of GambleFi 3.0. At the forefront, OhPlay has presented an Elite NFT that has the potential to revolutionize the realm of gambling.

The Evolution of GambleFi

Originally founded under the brand Bet-Counter by Bet-Counter Inc., GambleFi has gone through various transformation stages, including GambleFi 1. 0, which stepped up the trend by adopting cryptocurrency services such as BTC and ETH into online betting platforms. GambleFi 2. 0 also introduced DeFi integration that enables a platform to share earnings, which includes buying back and burning tokens assigned to investors.

Introducing GambleFi 3. 0

GambleFi 3.0 is a revolution, with customer value and actual ownership being the key points to concentrate on. In doing so, it aligns with Web3 concepts to provide players with incentives and assets other platforms have neglected. This evolution is embodied in OhPlay’s Elite NFT; the tokens are linked to the performance of the Yubi ecosystem and give the holder a share in the platform's success.

OhPlay's Elite NFT: The New Power Team

Elite NFT is not just any NFT, but more so when it comes to OhPlay. It is an opportunity for collectors and buyers to be a part of exclusive clubs.

Here's what sets it apart: 

•  High ROI Potential: The Elite NFT is best suited for profitability so that it works like a capital asset for gamblers and/or other investors.

•  Valuable Utilities: Numerous functions are also connected to the NFT, which positively affects gambling activity.

•  Chance to Win Big: The Elite NFT is a lucrative collection as it grants the owner a chance to win the maximum possible reward of 1 Bitcoin in OhPlay’s NFT Lootbox.

•  RNG Certification: OhPlay has stated that it has an RNG Certification from iTech Labs, a sign that players can always expect a fair game.

•  Profit Sharing: This perspective is outlined in Gamble Fi 3's study proposal. As with the operating principles of its ecosystem in the 0s, OhPlay is a service that rewards 100% of its profits to the users and owners of Casino NFT.

Thirdly, related to the previous point, GambleFi stands to gain numerous advantages, including the following: 3. 0 with OhPlay.

GambleFi 3.0 with OhPlay offers several advantages over traditional online gambling platforms:

•  Decentralization: Transactions through blockchain technology eliminate chances of mistrust among the players of the game since all the details of the transactions are made known.

•  Fairness: The RNG Certification means that OhPlay games indeed possess the maximum possible randomness and fairness of the game outcomes is provided.

•  Ownership: Players are not just players but also stakeholders who own a share in the platform or business venture aimed at attaining its goals.

Conclusion

As mentioned above, OhPlay’s Elite NFT and GambleFi 3. No-concept individuals are a revolutionary breakthrough in the online gambling sector. Based on Web3’s architecture of decentralization, equity, Openness,and monopoly-breaking, OhPlays’s platform works in a reasonable, transparent, and payoff manner for players and investors. As the industry progresses, the specifications that OhPlay has implemented put it in complete ley with the decentralized gambling industry and potentially provide a major edge to those adopting the terms GambleFi 3. 0 model.