Rollbit Surpasses $500M Market Cap, Generating Impressive Fee Revenue
Rollbit, combining an online casino and crypto exchange, achieves a $505M market cap and impressive $41M in monthly fee revenue, with its RLB token seeing a 70x return this year.
![image YouQuan](https://image.coinlive.com/24x24/cryptotwits-static/e26a5ef5654a5ee4a42afc3949285878.jpeg)
Rollbit, combining an online casino and crypto exchange, achieves a $505M market cap and impressive $41M in monthly fee revenue, with its RLB token seeing a 70x return this year.
Token prices for most Play-to-Earn (P2E) games crashed with the rest of the crypto market in 2022.
The Web3 gaming revolution is up and running, regularly spurring new and exciting GameFi projects.
Or is it both? “GENTLEMEN ALSO KNOW HOW TO FIGHT” — this is the tagline of a new dynamic P2E ...
About the project A unique plot, the history of the universe that gave rise to many worlds and their heroes, ...
South Korea's GMC has strengthened its stance against P2E games, saying they should not receive the age ratings required to be available on app marketplaces.
Gabby Dizon, founding member of Oasys, said: "Gaming is the best use case blockchain has ever seen, and I believe that before the end of this year, we will see 10 million wallets interacting with blockchain games."
Gaming insights platform Newzoo predicts that the need to diversify revenue streams could lead esports organizations to use blockchain.
Traditional games must start reaching players or risk being left behind by web 2.0.