Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.
Partially, you can reduce investments in the Launchpool by the fact that you can participate in the projects listed in Binance Incubation. With a high degree of probability, such projects are carried out by rewarded testnets, and thus we can receive a certain number of project tokens almost without investment. After announcing the launch of a project in the Launchpool, we can purchase another portion of the tokens. |
|
|
|
How can you collect feedback from real players? Reviewers do not provide screenshots of their documents, their game accounts, their transactions, and the like. Any reviews on the Internet from unknown people will cause healthy skepticism and distrust. Now, if such reviews are made by a respected member of the gaming or any other community, his reviews carry a lot of weight. But there is always a small percentage of possible bias of the reviewer.
If you have seen the forum and those reviews campaigns, those are paid ones to review them. But if you look for authentic gamblers that don't have any means to get anything in return of their review, there are those. Like for example, the scam accusations, that can be one basis from the real players based on their experience. This is the problem with most reviews on the Internet. Real negative stories with a lot of evidence are published. Conversely, there are almost no real positive reviews. A similar situation arises not only in relation to online casinos/sports betting, but this also applies to regular marketplaces. Conventionally, for every 1 positive review there are 5 negative ones; and even more people remain silent about their experiences with the platform. |
|
|
|
If the reviews website don't really did their review on that particular casino that they are reviewing. It's best to consolidate and merge all of those legit and actual experiences of gamblers.
But it will take time, I think that everyone has answered it already and there's no need for that much reference to these reviews. As long as they are legit and real, that's all what matters to the viewers.
We all need honest gamblers or reviewers giving their feedback to the actual experience they've got.
How can you collect feedback from real players? Reviewers do not provide screenshots of their documents, their game accounts, their transactions, and the like. Any reviews on the Internet from unknown people will cause healthy skepticism and distrust. Now, if such reviews are made by a respected member of the gaming or any other community, his reviews carry a lot of weight. But there is always a small percentage of possible bias of the reviewer. |
|
|
|
Of the truly free bonuses, only free rolls can be considered. Because you correctly said that additional conditions for receiving “bonuses” can be too complicated - a large gaming volume, a large number of games. But the bonuses themselves often cannot be called attractive. The best bonus you can get, in my opinion, is a free bet for sports betting. Good bookies only couple these promotions with wagering requirements of 1x. Usually, there is a minimum odds requirement of 1.50, which is doable. You can rarely find a similar offer for casino games. If the casino had a real desire to give gamblers bonuses, they would have already implemented it. All variations of bonuses/rewards were invented a long time ago. Take, for example, the simplest concept of “daily check-in”, which can be implemented on a certain daily activity of a gambler. In this case, simple psychology should work. The casino does not give us real money that we can withdraw, but simply “numbers on the screen” that we can try to turn into real money during the game. "I received something for free - I feel pleased and comfortable; I will play in this place." Of the truly free bonuses, only free rolls can be considered. Because you correctly said that additional conditions for receiving “bonuses” can be too complicated - a large gaming volume, a large number of games. But the bonuses themselves often cannot be called attractive. The best bonus you can get, in my opinion, is a free bet for sports betting. Good bookies only couple these promotions with wagering requirements of 1x. Usually, there is a minimum odds requirement of 1.50, which is doable. You can rarely find a similar offer for casino games. You are right, and I also prefer free bet for sports betting because the outcome of the game can't be manipulated, on like free spins for casino or slot games where as, the games may not be truly or completely fair for the gamblers as the casino usually advice it, the casino can manipulate the overall outcome of a certain number of spins on slot of casino games. But for sports betting, is completely different, the out come if every match is always known around the world, there is no way the casinos will turn around and say that the gambler with not win even when all the data on other places on the internet is showing that the player won game. So, yeah, free bet for sports betting is a good bonus to be honest, even if the minimum odd accepted is 1.5 and upwards, it's still very OK, for I have seen some gamblers who won 2.00 odds games consistently for about a week. This is exactly what I always talk about. You described the fundamental basis of the blockchain - publicly known immutable information, only in the context of sports betting. |
|
|
|
You probably don't want to hear this, but I don't suggest spending too much time playing around with bonuses and promotions. Most of them look good on paper, but they come with big wagering requirements of 30x or more. And even if you managed to meet that, you would then have to roll over your winnings. Unless, of course, it's a no wagering bonus, which is rare. On top of that, casinos like to limit your betting amounts and maximum cashouts.
All that make them seldom with your time.
Of the truly free bonuses, only free rolls can be considered. Because you correctly said that additional conditions for receiving “bonuses” can be too complicated - a large gaming volume, a large number of games. But the bonuses themselves often cannot be called attractive. |
|
|
|
Among the various blockchains available, which one has been proven to have the highest TPS? I'm not talking about claims, but rather concrete results. Something that's been tested to deliver as promised. Blockchains like XRP and Solana claim to process large TPS, but that hasn't been proven yet (AFAIK). If there's a blockchain network that can handle many TPS like Visa, then crypto would be on a road towards massive adoption worldwide. Your input would be greatly appreciated. Thank you.  How can you count something that is not actually used for its intended purpose? L1 blockchains TPS can be considered more or less close to reality because they are used as a means of payment (transfers, fee, purchase/sale of NFTs). All TPS of L2 blockchains are speculative and artificial because most transactions in them are essentially “dummy” - a transaction for the sake of a transaction (record in the blockchain) with the prospect of retrodrops. TPS indicators and the actual use of blockchain are not 100% dependent on each other. For example, we can recall the quarkchain with 100K TPS in the test network... and how is this potential used now? |
|
|
|
its important to not chase losses and it's the most important a rule which should not be broken. There's no way we can be able to chase after losses and still meet up because we are not going to see this happens as every other gamblers could have the same reason of doing so, it's just as if we are gambling and expected that every one of us should win gambling and not loose, that is far from the truth, we should not because of what we encounter have the whole stress on ourselves to keep going after loss. There are no people that are so skilled and they are ready to chase after loses which they incurred as a result of mistakes. There people that will go to any extend to claim back there loses profits and it works for them. This may not be the case for others because it takes skills and numbers of years betting with good experience for someone to be able to chase loses. If it works for them, then we should never believe with full confidence that it's going to work for us. Even if the same strategy is used, no matter the casino/betting/Forex/crypto, by two or more different people the result will always be different. When you lose, when you find out why you lost, the FoMO effect always arises, this is what makes the player return to the game again and again. |
|
|
|
Now I understand your point when you said a casino should disclose its operational turnover. I've seen some casinos that share all their winnings on a dashboard. Many complaints have been laid by gamblers across all platforms like this forum and review site of not getting paid after winning a huge amount of money. The casino seeks numerous documents or even accuses the gambler of breaking their terms of service. The question remains, why would a casino lock an account after the owner wins a jackpot close to the amount you mentioned? All the while they've been using the casino, the account wasn't locked for breaking rules, until the player won big. It's indeed a questionable occurrence, but you need to understand that some brand-new casinos won't be able to keep up with paying such big amounts to a winner, or else the casino will crumble. It's not simple to release close to a million dollars to a gambler who won using a few thousand dollars. Even when they do, the casino would want to milk from the publicity by hosting a TV show or online interview with the winner holding a large cheque.
The casino would use that means of advertisement to regain the money. That's why new casinos are not recommended for gamblers. Casinos that have proven the test of time can have the ability to pay out that amount of money because they've accumulated enough customers to be able to generate millions in one day. However, you wouldn't expect a casino to come out plain and inform gamblers that they've got no money to pay them. It sounds embarrassing and the casino would also run out of business. Hence, I don't see it as a good idea for a casino, to grow. In a nutshell, the casino should delay the payment for few more days, than bring up a series of blames on the gambler that will lead to not getting paid.
You see, we have to use the principle of “presumption of innocence” in relation to casinos. But the casinos, in turn, consider us scammers. To avoid problems with big winnings, new casinos can limit them themselves. For example, you cannot win more than $10K and increase the jackpot value over time. But I don’t understand why casinos don’t use such simple and logical mechanisms in their work. The immediate benefit overshadows the future profit for them. It seems to me that such a well-known principle should not be used in relation to casinos. If we talk about the impossibility of a casino paying a huge winnings to some lucky player who has won huge money, then theoretically and in accordance with the legislation of all normal jurisdictions, such a casino should be declared bankrupt by the court. And accordingly, this casino must go into bankruptcy with payment of debt, including large winnings through the sale of casino property. And such property is only software and, at best, servers or some other equipment or, for example, an office, if they even own one. But it is clear that it is not possible to pay off a million-dollar debt. And we come to a legislative decision that the player who wins a big prize will not receive it. That's all. And it's even legal. In an ideal world, I agree with you, pre-trial/judicial settlement of disputes is a working legal mechanism. But in our situation, when, for example, a gambler from Christmas Island becomes a winner in a casino with a Curacao license and complete indeterminacy about the real owner of the casino. What kind of lawsuit are we talking about? I have already said that it is necessary to exclude the layer in the form of real people (those who make “bad” decisions) in online casinos and replace games (slots, poker, etc.) with smart contracts. |
|
|
|
Matic is a layer 2 solution for Ethereum blockchain and DOT is the cryptocurrency for polkadot blockchain. Both are different and both are providing solutions in their individual domains. Both are presently trading below their ATH and both have the potential to break their ATH in the next bull run. In my prospective both are good coins to invest currently. Take your time to understand both of them and invest in them only after doing your own research.
Now it is premature to talk about the prospects of MATIC as a native token for the Polygon network. Because after the completion of the migration of MATIC to POL (Polygon 2.0), the situation with fees and the price of the token may change dramatically. It would be more correct to consider the prospects of the blockchains themselves (Polygon and Polkadot) and not their tokens. |
|
|
|
Now I understand your point when you said a casino should disclose its operational turnover. I've seen some casinos that share all their winnings on a dashboard. Many complaints have been laid by gamblers across all platforms like this forum and review site of not getting paid after winning a huge amount of money. The casino seeks numerous documents or even accuses the gambler of breaking their terms of service. The question remains, why would a casino lock an account after the owner wins a jackpot close to the amount you mentioned? All the while they've been using the casino, the account wasn't locked for breaking rules, until the player won big. It's indeed a questionable occurrence, but you need to understand that some brand-new casinos won't be able to keep up with paying such big amounts to a winner, or else the casino will crumble. It's not simple to release close to a million dollars to a gambler who won using a few thousand dollars. Even when they do, the casino would want to milk from the publicity by hosting a TV show or online interview with the winner holding a large cheque.
The casino would use that means of advertisement to regain the money. That's why new casinos are not recommended for gamblers. Casinos that have proven the test of time can have the ability to pay out that amount of money because they've accumulated enough customers to be able to generate millions in one day. However, you wouldn't expect a casino to come out plain and inform gamblers that they've got no money to pay them. It sounds embarrassing and the casino would also run out of business. Hence, I don't see it as a good idea for a casino, to grow. In a nutshell, the casino should delay the payment for few more days, than bring up a series of blames on the gambler that will lead to not getting paid.
You see, we have to use the principle of “presumption of innocence” in relation to casinos. But the casinos, in turn, consider us scammers. To avoid problems with big winnings, new casinos can limit them themselves. For example, you cannot win more than $10K and increase the jackpot value over time. But I don’t understand why casinos don’t use such simple and logical mechanisms in their work. The immediate benefit overshadows the future profit for them. |
|
|
|
I'm really interested in the negative points, problems that occurred and how they were handled, any misuse of player information, ToS abuse... Most reviews don't mention that and it's actually the most important thing these days. I want to know if people were being forced to go through stupid KYC requirements, like having all their documents translated to English.
I want to know what their withdrawal times are for small and large requests, if they're trying to delay this process.
I want to know how many complaints were there in the recent months and if the team was previously involved in any other casino project, especially a project that failed or scammed people.
Unfortunately most reviews are shallow and focus on the amount of games available, bonuses and all that, while it's more important to know that they charge you additional fees on withdrawal. I don't care that for every $100 staked I'll get $1 from them.
Such requirements are quite difficult to implement in terms of information reliability. Both in journalism in general and in casino/gambling reviews in particular, the authority of the reviewer primarily plays a role. No small independent reviewer can compare with a large publication; their reviews will not inspire commensurate credibility. In addition, the same can be said based on private negative reviews from gamblers - we do not know them and cannot fully trust the information received from them. Someone can whitewash one casino, and someone can denigrate its reputation. |
|
|
|
Now Twitter is considered the main platform for announcing new projects and subsequent dissemination of information. After Twitter, you should look for information in specialized telegram channels, Medium and Dune. You need to search by main tags (blockchain, project direction - NFT, DEX, coin). Use all possible information from the crypto community - what is trending now and the like. But such an analysis will require spending a lot of time every day.
Spending a whole lot of time and at the end of the day, we don't succeed in our journey to make new discovery of new projects, we become dissapointed and most of us gives up so easily while some of us maintain our grind and ensure we keep striving until we see better options. The source we make findings of new updates in the space is surfing the new version of X popularly known as Twitter. It's not easy fetching out crucial information regarding these new projects but we sacrifice our time ans ensure we trap out something meaning at the end of a day. In addition to receiving the information itself (Twitter, telegramm, DC), you also need to be able to analyze it. Check the team, partnerships, smart contracts, etc; understand the operation of the product(swap/bridge on the testnet, mint NFT, etc.) that the project offers. All these actions require quite a lot of time. Therefore, such activity can be considered full-fledged work (of course, if you have no other work), but with a sufficient illusory reward. Now Twitter is considered the main platform for announcing new projects and subsequent dissemination of information. After Twitter, you should look for information in specialized telegram channels, Medium and Dune. You need to search by main tags (blockchain, project direction - NFT, DEX, coin). Use all possible information from the crypto community - what is trending now and the like. But such an analysis will require spending a lot of time every day.
Spending a whole lot of time and at the end of the day, we don't succeed in our journey to make new discovery of new projects, we become dissapointed and most of us gives up so easily while some of us maintain our grind and ensure we keep striving until we see better options. The source we make findings of new updates in the space is surfing the new version of X popularly known as Twitter. It's not easy fetching out crucial information regarding these new projects but we sacrifice our time ans ensure we trap out something meaning at the end of a day. Twitter is full of scam token sale ads and if you are using Twitter to find a new project then good luck with that. There are some information aggregator platforms that can be good starting points and i think even CMC and coingeko also provide new token launch information. These platforms even provide information about the new project teams and VC who made investments in those projects. One thing i wants to share is only finding new projects won't give you any benefits if you don't know which one has the potential to grow. Aggregators also do not get their information out of thin air. I spend ~4 hours daily analyzing and researching existing information. |
|
|
|
Hello,
The price of a project like Solana was only 0.95 cents at the time of launch, but the price has reached $258.78. Can such projects be found nowadays?
Scammers and propagandists, this is a real question. Please do not advertise coins and tokens here.
Thank you.
Firstly, it is necessary to proceed from the principle of diversifying your assets. Take a larger number of coins/tokens, but of a smaller volume. Secondly, the fall of this year shows that almost all projects that came out of the Binance incubator or the Bybit launchpad are financially successful. Even just listing on Binance, Kucoin, MEXC, Bybit can increase the cost of a coin by x10-20 from the starting price. Thirdly, follow projects that interest you (testnet, NFT) at an early stage and participate in their development. Almost always, early users who support the project are rewarded. |
|
|
|
|
Now Twitter is considered the main platform for announcing new projects and subsequent dissemination of information. After Twitter, you should look for information in specialized telegram channels, Medium and Dune. You need to search by main tags (blockchain, project direction - NFT, DEX, coin). Use all possible information from the crypto community - what is trending now and the like. But such an analysis will require spending a lot of time every day.
|
|
|
|
I'm gradually understanding your idea on social engineering. There is a recent increase in social engineering tricks used by hackers to attack a company. The internet or social media platforms are open, anybody can access information about a user. Hence hackers use the posts or information an employee publishes online, to determine useful tricks in deceiving the person to release a few personal details that can lead the hackers to the victim's personal computer and then gain access to the company secret database. I've read of the spear phishing attack and LinkedIn is quite a useful tool in getting employees' emails. The hacks distribute mails, which from the employee's social media presence seems important or valuable to the recipient, if a few of them click on the link they can fall for an attack or download a malware inscribed with a keylogger, which helps the attacker to trace every information they input on their keyboard.
Yes, the latest high-profile hack is the Ledger library hack due to a compromised former employee of the company. Thereby garnering some relevant information needed to access the company's main data. All these rely on the training given to the employees and the main purpose of their social media activity. By doing some research on LinkedIn you'd be able to see a handful of casino staff who use the medium to advertise their casino and at the same time answer difficult questions about the well-being of the casino and the services they render. As for their address, I can't say for sure why anyone would be looking for the casino's address on social media, the registrar or license issuing company can share the address on their website or indicate whether it's offshore or not. Then the person in need of the address can look into the country where the offshore company is located. Talking of financial transparency, I'd say that the casino doesn't need to open up to the entire public about the amount of money they've got in their save or wallet. It can attract hackers to infiltrate the company. People suspect that Stake was hacked a few months ago because they were transparent with how much they spent signing a deal with Drake.
I couldn't agree more. We are all accustomed to the fact that casinos = money, big money. I don’t even mention the amount of the casino’s turnover and deposit, we know that they have money. Therefore, hackers without any information about deals, partnerships and investments should strive to hack casinos. But for the final gambler, information about the casino’s operating turnover can be important. Only the internal workers would know about the money generated by a casino. Don't think that we gamblers need to be worried about that, as it's mainly not our concern. We are supposed to focus on the services the casino provides. If they don't give out quality services the gamblers can demand to know what's happening behind the scenes. But, for the financing, it's risky, because the hackers already are informed of the amount of money these casinos own, but reminding them could be dangerous to the casino. When hackers start seeing such a huge amount, it'll drag their interest to the casino. As it stands, hackers are trying on different casinos and the vulnerable ones could be hacked successfully. It would be disappointing to notice that after spending so much money to hack a casino site they won't be able to generate enough money to cover for the tools used in hacking. However, I know less about hacking, but sure that some of the requirements to hack a site demand money. Hence, not all hackers would have the finance to execute a planned hack on a casino they're not aware of the amount of money they could steal from them. Just like in banks, thieves don't visit unless they're aware of the money available. Every casino has its hackers that help to protect them against attack, so the time frame to steal money from a casino may be less before their hackers can gain back power over the website. So, whatever means of stealing money on the internet is not easy and may not be worth the stress if enough information is not available. You can't assume that a particular department has money and move ahead to hack them. That's why they use social engineering to target staff who may be victims of information derivation. Ok, let's consider the following hypothetical situation. We have: a) Mid-rank online casino (financial statements are “hidden”); b) 3-5 wins in a very short period of time in the amount of $500K-1.5M each. Our casino simply does not have such funds in operational circulation and it starts dancing with KYC/AML for the winners. I, as a winner, really want to get my winnings and try to fulfill the requirements presented to me by the casino as much as possible. However, each time the requirements change a little and are supplemented. As a result, we have that the winner cannot receive his winnings in an adequate time frame (or at all) because the casino does not have the funds to pay off all or at least one winner. But if the winners had information in advance about the lack of funds from the casino, then they would have taken (if they had taken at all) other steps to obtain a legitimate winning, and would not have tried to fulfill the humiliating demands of the casino every time. This is the reason why I believe that casinos should disclose their operational turnover. |
|
|
|
The current situation with the example you gave about LinkedIn seems strange to me. After all, individuals (casino employees) are more vulnerable to attacks based on social engineering, which in turn give rise to other types of hacker attacks on the final product - online casinos. At the same time, on LinkedIn, the vast majority of companies only indicate the country and, at best, the city in their location. At the same time, the websites of most companies engaged in the field of Crypto/Web3 etc always indicates the full legal address.
Exactly so, and I described such a situation above. The casino, and therefore the legal entity, the owner of the casino, does not have financial transparency for the end consumer (gambler).
I'm gradually understanding your idea on social engineering. There is a recent increase in social engineering tricks used by hackers to attack a company. The internet or social media platforms are open, anybody can access information about a user. Hence hackers use the posts or information an employee publishes online, to determine useful tricks in deceiving the person to release a few personal details that can lead the hackers to the victim's personal computer and then gain access to the company secret database. I've read of the spear phishing attack and LinkedIn is quite a useful tool in getting employees' emails. The hacks distribute mails, which from the employee's social media presence seems important or valuable to the recipient, if a few of them click on the link they can fall for an attack or download a malware inscribed with a keylogger, which helps the attacker to trace every information they input on their keyboard. Yes, the latest high-profile hack is the Ledger library hack due to a compromised former employee of the company. Thereby garnering some relevant information needed to access the company's main data. All these rely on the training given to the employees and the main purpose of their social media activity. By doing some research on LinkedIn you'd be able to see a handful of casino staff who use the medium to advertise their casino and at the same time answer difficult questions about the well-being of the casino and the services they render. As for their address, I can't say for sure why anyone would be looking for the casino's address on social media, the registrar or license issuing company can share the address on their website or indicate whether it's offshore or not. Then the person in need of the address can look into the country where the offshore company is located. Talking of financial transparency, I'd say that the casino doesn't need to open up to the entire public about the amount of money they've got in their save or wallet. It can attract hackers to infiltrate the company. People suspect that Stake was hacked a few months ago because they were transparent with how much they spent signing a deal with Drake.
I couldn't agree more. We are all accustomed to the fact that casinos = money, big money. I don’t even mention the amount of the casino’s turnover and deposit, we know that they have money. Therefore, hackers without any information about deals, partnerships and investments should strive to hack casinos. But for the final gambler, information about the casino’s operating turnover can be important. |
|
|
|
I noticed that Solana has been pumping heavily the last few months, I assume this is all due to the new projects joining the Solana ecosystem? Although that being said, is a significant portion of Solana not still held by whichever entity is now responsible for the SBF wallets? I have not heard of any selling going on yet but I do not think it will stay that way for very long...
Furthermore, how is the news on Solanas constant Blockchain standstills? Are there still problems in that regard?
Sure, Solana may have reached a nice number but I am still not convinced that it has solved any of its old issues. The pump is almost purely speculative.
Due to the volume of generation and sale of shitcoins, Solana itself is growing. Every day, thousands of new trading pairs on Jupiter/Tensor are responsible for this local bullrun. But I didn’t notice any useful global changes in the Solana ecosystem. |
|
|
|
Fake volume is rampant on exchanges. Fake trades are also rampant. Bots are all over exchanges as well. These are obvious. Volume has to go up or else the newly listed coin/token will not be attractive to the real traders and could be delisted sooner or later. Liquidity has to be high. This is the reason why fake orders have to be made. Whether this directly involves Binance or not probably depends on the coin, but the development team is probably at the forefront of this.
Fake volumes in this case are the result of MM’s work, and not “drawn” by the CEX exchange. So it was and so it will be. The benefit always remains with the exchange (trading fee, withdrawal fee) and MM (here you can also include the owners of TG/DC channels who are catching up with the main asset with their subscribers). MM you mean management? Yes of course. And yes it is not "drawn" by the centralized exchange but probably indirectly encouraged. It's not easy for a token or coin to land on Binance or OKX for example. And there are things that have to be maintained. Failing on it could mean having your coin or token kicked out and all efforts to reach there would go to waste. So certain things will have to be done and that includes wash trading. That's not allowed of course but we all know almost all altcoins are involved in it. By MM I mean market maker. They can be attracted by the creators of the coin, for example several large influencers, or “work” directly in collaboration with CEX. Nowadays it is impossible for a no-name project to be listed on a large CEX, now 99% of startups are visible to everyone (their team is public); gone are the days of ICO of 2016 with a “Photoshop” team on the project website. But Solana “opened the door” for a huge variety of shit tokens with Time-to-live 1 day. Yes, you can't be a no-name project and get listed on the likes of Binance and OKX unless you can pay that huge fee, which means you can also spend money to make your coin known. If you want it for free, then you need to start a hype around your project. It has to have a bigger name in the market for it to be recognized and make its way to admission. Solana is guilty as well as Binance and Ethereum and some others. Right now with NFTs, even Bitcoin has opened its doors to worthless tokens. I'll paraphrase you: ordinals/inscriptions revealed a "bottleneck" of protocols/chains when generating transactions. What was originally built into BTC but never used has now led to copycat use on other chains, overloading them and greatly increasing transaction fees. But while ordinals/inscriptions are being traded, they will continue to be minted. |
|
|
|
I don’t know what the conditions are for obtaining a gambling license from Curacao - is it necessary to disclose information about the founders of a legal entity, confirm the authorized capital and similar issues, perhaps it’s enough to just pay for the license. But finding information on the real owners of online casinos (legal entities) is very problematic. Such nuances cause mistrust.
I also noticed that most owners of a casino don't have a solid online presence, but their staff does. Go on LinkedIn or other gambling review sites you see a good number of casino staff available to settle problems relating to their casino. They do that for PR and don't want bad publicity spreading around the internet about the casino. Hence it's very crucial to always look out for casinos who have the interest of their customers at hand whether on the site or outside the site. Like in this forum, there are many representatives ready to solve some allegations placed on their casino, if the player is right they'll work hard to resolve it hence not costing them another client or member who wants to gamble using the casino. Looking for the details of the casino owner on the sites of the license issuer can be cool, but what you'll get there wouldn't be sufficient. Obtaining the license costs some money and time, not every body would be able to get a license to set up a casino. The current situation with the example you gave about LinkedIn seems strange to me. After all, individuals (casino employees) are more vulnerable to attacks based on social engineering, which in turn give rise to other types of hacker attacks on the final product - online casinos. At the same time, on LinkedIn, the vast majority of companies only indicate the country and, at best, the city in their location. At the same time, the websites of most companies engaged in the field of Crypto/Web3 etc always indicates the full legal address. I think they'll have to present some funds to show they're capable of paying members, then work on a provably fair feature as a way of signifying transparency and that the house is not manipulating the results way too much. Although some casinos lie about this and don't follow the provably fair rules, players have to look into such features by trying to know if they are losing more often than usual. How do you mean legal entities in a bracket for the real owner of a casino? How does it pose a problem or cause mistrust, I'm not clear on that aspect. But, not knowing the full details of an online casino boss doesn't pose any threat. The law enforcement agency can reach to him if required or need, as he's not hidden, their details are available, but contacting them would be impossible for some casino users like you and me. However, not all of them chose to hide their online presence.
Exactly so, and I described such a situation above. The casino, and therefore the legal entity, the owner of the casino, does not have financial transparency for the end consumer (gambler). |
|
|
|
Fake volume is rampant on exchanges. Fake trades are also rampant. Bots are all over exchanges as well. These are obvious. Volume has to go up or else the newly listed coin/token will not be attractive to the real traders and could be delisted sooner or later. Liquidity has to be high. This is the reason why fake orders have to be made. Whether this directly involves Binance or not probably depends on the coin, but the development team is probably at the forefront of this.
Fake volumes in this case are the result of MM’s work, and not “drawn” by the CEX exchange. So it was and so it will be. The benefit always remains with the exchange (trading fee, withdrawal fee) and MM (here you can also include the owners of TG/DC channels who are catching up with the main asset with their subscribers). MM you mean management? Yes of course. And yes it is not "drawn" by the centralized exchange but probably indirectly encouraged. It's not easy for a token or coin to land on Binance or OKX for example. And there are things that have to be maintained. Failing on it could mean having your coin or token kicked out and all efforts to reach there would go to waste. So certain things will have to be done and that includes wash trading. That's not allowed of course but we all know almost all altcoins are involved in it. By MM I mean market maker. They can be attracted by the creators of the coin, for example several large influencers, or “work” directly in collaboration with CEX. Nowadays it is impossible for a no-name project to be listed on a large CEX, now 99% of startups are visible to everyone (their team is public); gone are the days of ICO of 2016 with a “Photoshop” team on the project website. But Solana “opened the door” for a huge variety of shit tokens with Time-to-live 1 day. |
|
|
|
|
Show Posts
