A way to attract new users or a misunderstanding?

[electronicash]

its all marketing. companies do and say every thing for marketing.

maybe OP should also mention this web3 projects so we're not misunderstanding it as well. if dexes are going to ask KYC, that would lose hope for many of us. but i'm not sure if dexes are part of the web3 as well. there are meta projects that isn't asking kyc though.

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[aioc]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

Some, you mean not only one, can you give the name of these casinos that claims to be a web3.0 and yet ask for KYC I am not a fan OF Web3.0 I just don't like to connect my wallet to these so-called web3.0 and if they ask for KYC then they are not 100% live up to their name as a web3.0 casino.

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

I think it's both, they are the one who defines 3.0 and yet they ask for KYC, they cannot be on the same side of the coin, they are just deceiving their members, web3.0 sounds great because of the decentralization that is good to the ear.

[goldkingcoiner]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

Web 3 is the next generation decentralized internet. Although I would be very careful around anyone using the term to promote their own business. Most of the time they are just trying to sleezily advertise their platform but their platform is something which has to do with the current web 3 hype. But the reality of the situation is that most of these projects have absolutely nothing or only something minimal to do with web 3. It is always best to do your own research and have a bit of a technical background so that you know when somebody is trying to dupe you with hype-words.

[Hispo]

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

The concept of web 3.0 is authentic, it focuses in the management of private and public cryptographic keys to identify clients and their assets, also to improve decentralization. There are genuine  web 3 casinos and services which work thanks to smart contracts.

However, Web 3.0 has become such a popular buzzword this last year that projects that do not even use smart contracts have use it in order to appeal new clients.
It is just about marketing, deceitful one. There many example of this kind of advertisement, not only in the crypto space, but also in traditional markets.

[bitcampaign]

web3 is being talked about everywhere that's why casinos use it to seek other popularity, apart from that web3 has the advantage of not being centralized and decentralized but if there are casinos that don't apply the web3 concept it seems like they don't deserve to use that name in their casinos

[coin-investor]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

When Cryptocurrency started it was all decentralization until some industry came in and introduce centralization within decentralization so we have a centralized exchange when it should be peer-to-peer because of liquidity and avoid scamming and of course to make themselves legal in the eyes of the authorities or governments.

So now in the casino industry, we have a casino version of Web 3.0, adding features of decentralization, and yet they regulate to make them compliant with regulators because they do not want to be targeted for violations and they do not want to be a hub for money launderers.

[Saisher]

There is no way the casino industry can shift to full and total decentralization because the authorities are fully aware of money laundering and scammers are using casinos to wash their dirty money, if a casino turns to full no KYC expect it to have a takedown notice coming from authorities, scammers and money launderers are always on the look for places to wash their money and Web 3.0 is a good place to do that.

[serjent05]

There is no way the casino industry can shift to full and total decentralization because the authorities are fully aware of money laundering and scammers are using casinos to wash their dirty money, if a casino turns to full no KYC expect it to have a takedown notice coming from authorities, scammers and money launderers are always on the look for places to wash their money and Web 3.0 is a good place to do that.

There are still gambling sites that are decentralized and do not need KYC. One example is https://dexsport.io/.  I believe crypto developers are still planning to build a casino that is decentralized and does not need to provide KYC in order to play in it with peace of mind.  I think there are lots of online platforms built in dapps that will ensure us a decentralized gambling experience.

[Darker45]

This web 3.0 label has been carried by certain companies despite their platforms not really representing web 3.0, or whatever that exactly means. They're just using it because that's the current trend. This is so like those platforms using the keyword decentralized just to attract users. In reality, they're anything but decentralized. Or perhaps they're branding themselves as a web 3.0 gambling platform simply because they're using blockchain, which might actually fall short of what really web 3.0 means, although it doesn't really have a strict definition.

[Wexnident]

I've never seen any proper development of Web3 so far, much less of a Web3 online casino which I don't think is even a concept or idea, it's just a casino that's accessible in these so-called "Web3" ideas. It's noise marketing I guess, I reckon they still think the word "Web3" is still something of particular note or is still hype (which is not afaik already), hence why they include it. I'd actually bother thinking about whether Web3 even exists in the first place in these kinds of projects.

Additionally, I reckon most casinos that invite users like this just include part of said "Web3" features, like blockchain tech or NFT, ones that can easily still have KYC in them.

[Chikito]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

That can't be implemented to bitcoin, so if they create the site with web 3.0 that can't be listed on this board (gambling). So they have to focus. In this case, if the developer try to build the gambling site with web 3.0 technology they have to plan in what they want to sell, Gambling or token. if they sell gambling certainly don't need KYC, because they sell decentralized technology where in fact in not really decentralized when they sell token also.

[Johnyz]

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

They are just riding with the hype without fully understanding what's the inside of a Web 3.0, and asking for a KYC is indeed not the purpose of web 3 update.
Many are still not familiar with the Web 3 though, and that' what they thought about it. We should not believe on any marketing easily because we might getting into the wrong site and that can compromise your security. If the site is claiming to that they already adopted web 3 and yet they are asking for a KYC, better to address this concern and inform many people about this as much as possible.

[Outhue]

Casino owners still have the right to ask for KYC because regulators also supervise them, so they also need to supervise their users. We may think that web 3.0 doesn't require KYC but we also can't do anything about it if the casinos keep asking us to do KYC.

And if you don't want to do KYC, you can look for other casinos that don't implement KYC. Maybe it's a misunderstanding of people in interpreting web 3.0 or is it to attract more users and say that their casino is a decentralized casino or is it just a new trend in the gambling business.

I think this move attract more users is all, this can be a turn off for someone who fully understand what web3 is all about and how it should be operated.

KYC is a must if the platform is running on any centralized tool but if they can claim web3 then they should erase any verification idea, also if any online casino is running decentralised platform regulators should understand that users are at their own risk of losing money, regulators shouldn't have any business with decentralised projects and platforms.

[piebeyb]

This web 3.0 label has been carried by certain companies despite their platforms not really representing web 3.0, or whatever that exactly means. They're just using it because that's the current trend. This is so like those platforms using the keyword decentralized just to attract users. In reality, they're anything but decentralized. Or perhaps they're branding themselves as a web 3.0 gambling platform simply because they're using blockchain, which might actually fall short of what really web 3.0 means, although it doesn't really have a strict definition.

as long as it's a good trend to use the word web3 no matter what people say about casino projects or other it's just to look cool nothing more even to attract new users it's ok to use anyway I don't find many decent decentralized casinos using web3 this is because usually only a handful of people play there as opposed to playing in a centralized, overly regulated casino

[tabas]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

What casinos are there? If they're web3 online casinos, it doesn't mean that they are wholly decentralized and they will still ask KYC if they want to or if the situation permits.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

Web 3 is the tech and casinos are one of the industries where it can apply. But the casino industry isn't wholly decentralized, thus, casinos that are offering or saying that they're web3 could be decentralized for real or not as they're behind the context of being decentralized and web3 application.

[Kakmakr]

Web3 holds the promise of allowing people to own things digitally, easily transact online, and have more control of their personal data. Blockchain and crypto ecosystems already have working products for Web3. For example, users can make peer-to-peer (P2P) payments and collect digital items with crypto wallets. Source : https://academy.binance.com/en/articles/what-s-the-relationship-between-blockchain-and-web3

I think the casino industry are trying to define their own version of Web3 to make a distinction between the KYC and non-KYC casinos as a type of branding and marketing gimmick.     

[Findingnemo]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

I don't know is there any reputed casino claimed that they successfully integrated web 3.0 and still ask for KYC but when it comes to startup they just use the term for better exposure but at the end they are nothing but the existing model casino which has to implement KYC for AML policies by the regulators. So its not a misunderstanding but trying to lure the users with new technology terms.

[Pmalek]

If you want to attract more customers to your business, but you don't know how to, then use powerful statements with popular buzz words that will make it look like you know what you are talking about. Call your casino decentralized, even if it isn't. Tell your players it's non-custodial even if they are required to deposit their funds in addresses owned only by the casinos. Web 3.0 is just another buzz word used for marketing purposes to make yourself look better than the competition that doesn't make such claims.

[robelneo]

Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.

Of all the industries within Cryptocurrency, the casino industry is hard to transform into a decentralized ecosystem, the casino industry integrated Cryptocurrency so nothing can be changed in its structure, the framework and the regulations are already there, so if there's a new concept in Cryptocurrency casino the regulators are already there to check its complaint so it's impossible to have a decentralized set up in an industry that is highly regulated.
These so-called web3.0 casinos should explain if they are under the jurisdiction of the regulators to function as a decentralized project.
 

[bitbollo]

We know very well that it's simply a way like any other to attract an audience to their activities.

many of these sites know very well that with the current laws they cannot operate by proposing a site without KYC and licenses, therefore they choose these marketing expedients. Maybe they have some * on their promo?!?

considering that bitcoin and other cryptocurrencies provide a level of "pseudo" anonymity such an activity is always borderline