El Salvador to Launch the First NFT-Based Online Crypto Casino
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Victor Stuard
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Jan 24, 2022
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In a Tweet, published on Wednesday (Jan. 19), the tech firm Astro Babies revealed that it is to build a metaverse casino in collaboration with the El Salvador Government. The establishment will have both an online and a land-based branch. Its name will be Astro Casino. The casino will be NFT-based, meaning that guests will be able to buy and sell NFT (non-fungible tokens). It will run on the Solana blockchain.
In the tweet, Astro Babies lifts the curtain a little bit, showing what the facilities would look like once the casino is built. Astro Casino will have a gaming floor, bar, restaurant, terrace, lobby. The casino area will have slot machines and table games. Poker tournaments are also planned to take place. Presumably, those who cannot go to the land-based branch, will be able to “visit” it through the use of a VR headset.
At the time of writing, the size of the investment is unknown, so is the Astro Casino opening date.
@astrobabiesnft would like to Officially Announce the Development of #AstroCasino, an NFT based Crypto Casino in Partnership with the Government of #ElSalvador.#Solana #SolanaNFTs #Bitcoin #NFT #Crypto @nayibbukele @monicataher pic.twitter.com/OjX6J2CXrx
— Astro Babies | Astro Casino LIVE! (@AstroBabiesNFT) January 19, 2022
The smallest country in Central America is making giant steps towards modernizing its economy. El Salvador became the first country in the world to adopt Bitcoin as an official currency, so the foundation of a metaverse casino is not that surprising.
El Salvador’s President Nayib Bukele is known for his interest in crypto. Two days after the announcement of a metaverse casino, he bought $15 million worth of bitcoin “really cheap”.
Bukele, who calls himself “world’s coolest dictator” is also planning to build a cryptocurrency-fueled Bitcoin city at the base of a volcano in a bid to make El Salvador “Singapore of Latin America”.
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the author
Victor Stuard
Crypto Specialist
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