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El Salvador confirmed the establishment of its first virtual casino on Wednesday. Where consumers would be able to purchase and sell NFTs. In addition, the new project will have a physical presence in the country. Astro Babies is in charge of the project, and the name will be Astro Casino.
The metaverse version of Astro Casino will include a marketplace for selling, buying, and auctioning NFTs. It will be controlled by the Astro Babies initiative and run on the Solana blockchain.
The effort will be take place as a partnership with the government, according to Mónica Taher, Director of International Affairs of Technology and Economy for the Government of El Salvador. She also uploaded a video from the corporation depicting how the casino will look once it is completed.
The land-based casino, according to Astro Babies, will offer slot machines and table games, as well as weekly poker tournaments, among other activities and items. The venue will include a gaming room, lobby, bar, restaurant, DJ, terrace, and VIP section.
“Selling, buying, and auctioning NFTs.
The metaverse version of Astro Casino will include a marketplace for selling, buying, and auctioning NFTs. Thus, the Astro Babies initiative will handle this marketplace, which will function on the Solana blockchain.
This development comes at a time when the game industry is becoming increasingly interested in the metaverse. BOTS, a global technology conglomerate that specializes in blockchain-based solutions, plans to launch a proprietary Las Vegas-based Metaverse this quarter and recently made a strategic investment in XR Casino, a technology company that specializes in extended reality (XR) cross-technology casino games, XR game development solutions, and NFTs for the iGaming and sports betting industries.
Furthermore, the next Casino Esport conference organizers stated that the event will focus on the necessity for casinos to incorporate metaverse technologies, among other things.