#SlotieVerse

State securities regulators in Alabama, Kentucky, New Jersey and Texas filed coordinated enforcement actions on October 20, 2022, against Slotie NFT d/b/a slotie.com requiring the company to stop selling various Slotie non-fungible tokens (NFTs) on the grounds that they constituted unregistered securities. As discussed further below, the NFTs…

The metaverse is booming and so is the gambling industry. This is why the move of casinos into the metaverse has been an inevitable occurrence. It is a highly profitable venture on paper. However, even though many have tried, only a few have managed to succeed. Slotie officially made its debut into the metaverse space a little over a month ago and…