A way to attract new users or a misunderstanding?

[ethereumhunter]

There are still people who are faking their identity in KYC since I can still see some advertisements that someone is paying for a service on doing KYC. There will still be people who will try to beat the system no matter how hard the process it would be.

Gambling sites do not verify selfie photos or face verification so they can be used to fake KYC identities, some users do that to avoid giving their real identities and they always do that for every casino that KYC is requested for, identity falsification cannot be traced on casino systems or even exchanges centralized but using fake identities is also risky because if your device is hacked or your device has been stolen then we lose access to accounts, emails and passwords so it is important that the KYC factor restores them.

Maybe verification with selfie photos or face verification, as done by exchanges, has not been implemented in casinos. Still, there is a possibility that it will also be applied in the future if there are many cases of abuse of verification or identity forgery. But for now, if a user wants to hide their identity, they should look for a casino that provides the facility to link their account to their personal wallet so they won't be asked to verify even though the casino will still ask them to verify later.

There's a high chance that the KYC verification will level up in the upcoming years knowing that it is easy to falsify an identity and with our latest technology, Even selfie verification and face verification can be faked. I wonder if deep fake is used on a verification by someone and if it passed the KYC. I wonder how do the casino fight those who are doing Fake KYC and how can they identify if someone is doing it on their casino. It is more easy to fake an ID now compared on the past years.

That's right because the advancement of technology requires more verification to be sure who owns the account so other people are not misusing it for illegal activities. The casino may also implement deep fake if the casino suspects a discrepancy with the previous verification so the casino needs to confirm everything before processing everything. I don't know how a casino can identify a person according to their identity because it is a casino secret and they will not disclose it to the public.

[Desmong]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

[Hamphser]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

Just to have some idea on how 3.0 looks like but this only covers up on wallet options
https://owl.games/

People or the community does really want to have those changes and we know that innovation and changes is something inevitable.
We would really be liking to see something like this which is fully integrated on a site specially with gambling and using the word web 3.0
and trying out to claim that your site is something like this and turns out to be proven to be non then it would really be
a mess up.

[Ebede]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

Just to have some idea on how 3.0 looks like but this only covers up on wallet options
https://owl.games/

People or the community does really want to have those changes and we know that innovation and changes is something inevitable.
We would really be liking to see something like this which is fully integrated on a site specially with gambling and using the word web 3.0
and trying out to claim that your site is something like this and turns out to be proven to be non then it would really be
a mess up.

They want to I'm making but I found it very difficult to understand maybe I am lost in this but I will like you if I have the opportunity to leave you your post to expatiate this so that I will be able to understand you exactly not for others myself, gambling is something i know that we have understand because of the lost which is involve

[stomachgrowls]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

Just to have some idea on how 3.0 looks like but this only covers up on wallet options
https://owl.games/

People or the community does really want to have those changes and we know that innovation and changes is something inevitable.
We would really be liking to see something like this which is fully integrated on a site specially with gambling and using the word web 3.0
and trying out to claim that your site is something like this and turns out to be proven to be non then it would really be
a mess up.

They want to I'm making but I found it very difficult to understand maybe I am lost in this but I will like you if I have the opportunity to leave you your post to expatiate this so that I will be able to understand you exactly not for others myself, gambling is something i know that we have understand because of the lost which is involve

Post made above is simply could be understand and if you do have make use of your own basic common sense and understanding then even a gradeschooler would be able to understand on whats been talked about.
This do proves out that your feedbacks are really hit on point which you do make out some shit post everywhere.Same goes into casino signature that you are wearing. *not surprising*
I do agree on what Hampsher said above on which if people would find out that a current site is claiming to be a web 3.0 but its actually not then people would really be angry nor really that frustrated
because they are claiming on something which it isnt true.

[LUCKMCFLY]

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?.

Probably, it’s one way to make people believed that it’s different from others and to attract more users and let them experience by themselves. Although I would say that the operators have research about web3, but so far I have not experienced this yet, and maybe some operators have wanted to adopt it and are still making some preparations to finally realize it in the future.

When we do speak about web 3 casino then it would be particularly meaning into this.

Web3 Casino ecosystem is a fusion of Businesses between Casino, sports betting, NFT and Decentralized crypto wallets or Dapps. Is an idea for a new iteration of the gambling which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.

Source

If people do see that its still that still centralized then its really totally opposite on how it should be.

Basically with this it encompasses everything conceptual in terms of casinos and what many people are looking for, they find it in a single casino all the functionalities, there are casinos that currently take advantage of the NFT technology, and also take advantage of the technology with respect to tokens, This is something that can be very significant, but in terms of functionality, in terms of centralized or decentralized systems, you can choose the best things that the client likes. Of course, this is an alternative to what could occur before the metaverse or in what which can be a preamble before the metaverses (if given) to be able to have more breadth in everything.

[michellee]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

There may be no relation between web3 casino and KYC but at least, if the casino is seen to have a lot of gamblers, the government will approach it and require KYC on the members in that casino. But it could be a new trend that will emerge later (or is now starting to become a trend). But whatever it is, it's just us who have to choose to stay in the casino that we usually use to play gambling or want to move to a web3-based casino and whatever we choose, we still have to be careful playing gambling.

[danadc]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

There may be no relation between web3 casino and KYC but at least, if the casino is seen to have a lot of gamblers, the government will approach it and require KYC on the members in that casino. But it could be a new trend that will emerge later (or is now starting to become a trend). But whatever it is, it's just us who have to choose to stay in the casino that we usually use to play gambling or want to move to a web3-based casino and whatever we choose, we still have to be careful playing gambling.

I also think the same, there are many players who have the best intention of playing in new casinos, I did not know that it was a web3 casino and that is something that caught my attention and having many options in the world to choose a casino You can choose to play in that of the different characteristics, as a player I always look for different things and something that catches my attention if they offer me something or that I am not used to seeing.

Casinos are always looking to make a profit anyway, and KYC implies many things and that is KYC, I don't think much of it but there are players who give more importance to KYC.

[mdzahed134]

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.

If they're promoting their casino platforms as a web 3.0, Then why they will ask to KYC? Where Web 3.0 means decentralized crypto casino platform, definitely it’s seems just a promotion to attract new users, they've no right if they're really Web 3.0, It’s not a solution to look another casino with no KYC.

[AviatriX_game]

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?.

If the casino is licensed, then they have certain obligations, and if they are not fulfilled, they will simply be blocked in the markets where they provide the service. It is also the to protect against money laundering and casino abuse.

[khaled0111]

If they're promoting their casino platforms as a web 3.0, Then why they will ask to KYC? Where Web 3.0 means decentralized crypto casino platform, definitely it’s seems just a promotion to attract new users, they've no right if they're really Web 3.0, It’s not a solution to look another casino with no KYC.

As long as you use your browser to access the casino's website and its games which, all of them, are hosted on centralized servers, then I don't think we can really talk about decentralization. A lot of work is still needed to be done especially on the infrastructure level before we can see a true decentralized web3 casino or any other service.
We should not either forget about regulations which will certainly make this dream harder to come true.

[Desmong]

Web 3.0 has become bait in the past months and that's because people don't fully understand the concept, as OP mentioned, it's supposed to be for decentralized projects, but when people run a project with their own token while holding more than 20% of the total tokens, that's fully centralized. And that just brings more confusion about the Web 3.0 projects.

So, we can call it high-quality bait to attract new users.

I still don't know why many casinos even the ones that do require KYC do claim to be a web3 casino. That is very confusing to me. Do web3 has anything to do with KYC? I thought is more of decentralized way of gambling without a centralized world. Things are easily moving and the change is becoming constant.

There may be no relation between web3 casino and KYC but at least, if the casino is seen to have a lot of gamblers, the government will approach it and require KYC on the members in that casino. But it could be a new trend that will emerge later (or is now starting to become a trend). But whatever it is, it's just us who have to choose to stay in the casino that we usually use to play gambling or want to move to a web3-based casino and whatever we choose, we still have to be careful playing gambling.

Even though that would be a new thread that could happens later then we need to enjoy it now while it last. I am not against the use of KYC by many casinos because this is a way to ensure proper safety go there customers which many people may not know about. But some casinos do this with another different attempt not to help when help arise but to deprive customers of there funds.

[blockman]

If the casino is licensed, then they have certain obligations, and if they are not fulfilled, they will simply be blocked in the markets where they provide the service. It is also the to protect against money laundering and casino abuse.

That's what it is nowadays. But look at many casinos today, still, they won't ask for kyc as long as you're on the threshold that they've set and you're not obligated in providing them your identification unless they start asking so.
But as per experience, not all of them are like that and you're free to gamble wherever you are it's funny to think that some casinos are into web3 which is all about decentralization and yet, they're asking for some kyc. So, basically they just came in for the hype providing that they're a casino that has described themselves as web 3.0 but overall, they're not having the attitude of what it is to be.

[AmoreJaz]

If the casino is licensed, then they have certain obligations, and if they are not fulfilled, they will simply be blocked in the markets where they provide the service. It is also the to protect against money laundering and casino abuse.

That's what it is nowadays. But look at many casinos today, still, they won't ask for kyc as long as you're on the threshold that they've set and you're not obligated in providing them your identification unless they start asking so.
But as per experience, not all of them are like that and you're free to gamble wherever you are it's funny to think that some casinos are into web3 which is all about decentralization and yet, they're asking for some kyc. So, basically they just came in for the hype providing that they're a casino that has described themselves as web 3.0 but overall, they're not having the attitude of what it is to be.

most of them who are promoting web 3.0 are just riding the hype. but if you dig deeper, they are not practicing its true purpose. a lot of licensed casinos that you can find in this forum still don't require kyc. but definitely, if it is clearly stated in their terms, better prepare for it rather than pretending you don't know about such requirement. stick to the reputable casinos known to this forum and you won't encounter much trouble. a lot of members will also assist you if you have valid problem towards the site.

[lienfaye]

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.

If they're promoting their casino platforms as a web 3.0, Then why they will ask to KYC? Where Web 3.0 means decentralized crypto casino platform, definitely it’s seems just a promotion to attract new users, they've no right if they're really Web 3.0, It’s not a solution to look another casino with no KYC.

As many here already pointed out, clearly it's just a front to lure the gamblers who are looking for casinos without asking for kyc. If the casinos are claiming to be web 3.0 but operating as centralized then they're not honest, and just using this trick to get the attention of gamblers who value their privacy. Hence, stay away to this kind of site and look for casinos that don't require their players to comply on kyc if you're not a whale and just an average gambler. Many casinos now are regulated thus it's now common however you can still find casinos who doesn't require it.

[ethereumhunter]

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.

If they're promoting their casino platforms as a web 3.0, Then why they will ask to KYC? Where Web 3.0 means decentralized crypto casino platform, definitely it’s seems just a promotion to attract new users, they've no right if they're really Web 3.0, It’s not a solution to look another casino with no KYC.

You have to remember, even though the casino claims their casino is Web 3.0, they can make new rules for their members such as telling them to do KYC because the government is pressuring them to require all members to do KYC. It's easy for them because they already have a lot of members playing at their casino. Yes, it is a promotion that attracts new users and if you are not comfortable with this, you can choose to use another casino that may still ask you to do KYC. We must be observant in choosing the casino and avoid easily following promotions from casinos like that.

[swogerino]

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.

If they're promoting their casino platforms as a web 3.0, Then why they will ask to KYC? Where Web 3.0 means decentralized crypto casino platform, definitely it’s seems just a promotion to attract new users, they've no right if they're really Web 3.0, It’s not a solution to look another casino with no KYC.

You have to remember, even though the casino claims their casino is Web 3.0, they can make new rules for their members such as telling them to do KYC because the government is pressuring them to require all members to do KYC. It's easy for them because they already have a lot of members playing at their casino. Yes, it is a promotion that attracts new users and if you are not comfortable with this, you can choose to use another casino that may still ask you to do KYC. We must be observant in choosing the casino and avoid easily following promotions from casinos like that.

Most such casinos if at all will only make an attempt to sell to you the web 3.0 usage by asking you to connect your wallet like your Metamask or Trust wallet in order to play directly without having to deposit and even this I have not seen it implemented yet in casinos that they are claiming to be 3.0 complaint.

Regarding the KYC as said here it is better to know that the reputable ones we know already will not ask it for non relevant amounts but be prepared to provide not only identity documents but also proof of income/source of income in order for you to not have problems withdrawing huge amounts if you happen to win them.

[blockman]

If the casino is licensed, then they have certain obligations, and if they are not fulfilled, they will simply be blocked in the markets where they provide the service. It is also the to protect against money laundering and casino abuse.

That's what it is nowadays. But look at many casinos today, still, they won't ask for kyc as long as you're on the threshold that they've set and you're not obligated in providing them your identification unless they start asking so.
But as per experience, not all of them are like that and you're free to gamble wherever you are it's funny to think that some casinos are into web3 which is all about decentralization and yet, they're asking for some kyc. So, basically they just came in for the hype providing that they're a casino that has described themselves as web 3.0 but overall, they're not having the attitude of what it is to be.

most of them who are promoting web 3.0 are just riding the hype. but if you dig deeper, they are not practicing its true purpose. a lot of licensed casinos that you can find in this forum still don't require kyc. but definitely, if it is clearly stated in their terms, better prepare for it rather than pretending you don't know about such requirement. stick to the reputable casinos known to this forum and you won't encounter much trouble. a lot of members will also assist you if you have valid problem towards the site.

Yup.
It's what many have noticed about them. They're for the current trend and not really for the actual description of what that trend is all about.
The true thing about them is they just want to garner customers through it because it seems effective as marketing but eventually, they'll change their ways just as the normal way of a casino that implements their local rules.

[LUCKMCFLY]

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.

Do not let us deceive ourselves and do not let those developers and sites to deceive us, the initial plan was to make web 3.0 to be decentralized, I expect it to be like how Filecoin or those BitTorrent blockchain are used to store files on computer, but it was not and yet it is not.

A casino with a good reputation and is trusted will try to maintain its reputation and provide comfort for its users and all of its members and will not be unfair to them. We have seen this being given to a trusted casino, so many of us choose to keep playing at the casino because we have found comfort in playing gambling. But some casinos cannot maintain and provide this to their members but. They instead provide cases of delays in the withdrawal process for various reasons. And this is what makes casinos like that abandoned by gamblers because they don't find comfort playing gambling there.

Slow withdrawal process would be one of the reasons gamblers can leave a casino, a better one can be gone for. That has been the reason I left fiat casino because of the slow withdrawal process. I have used like two that take weeks, some can take days, I used some local ones that that 24 hours, but crypto casinos take lesser time to process withdrawal, which is the reason I have moved entirely to crypto casino.

Web3 casino have the sole right to be decentralized but with the presence of so many developers on the ethereum blockchain given developer open platform to create whatever the want, that is why we have some many centralized casinos that does not give the player the necessary system to maximize their presence on the casino.
This is why those reputable casinos already know the need for community satisfaction and constant loyalty program for their players, but with recent updates, most casinos have instant withdrawal time. But web 3 casino like owl has some time gap in between and high fees also.

Well, it can really be a prisoner, as long as bitcoin is in a bearish trend, I believe that there is no type of problem, the problem is the congestion that may occur when making a transaction that is pro of the ERC-20 network, it is because Therefore, a decentralized casino should manage several networks, Binance, Solana, any of the networks such as Polygon that can offer really low fees to be able to develop as it is and how it should, presenting the best comforts for some users of casinos that have a lot to play and offer more fun, making the difference with other casinos. This is something that web3 casino development can do.

[Silberman]

If the casino is licensed, then they have certain obligations, and if they are not fulfilled, they will simply be blocked in the markets where they provide the service. It is also the to protect against money laundering and casino abuse.

That's what it is nowadays. But look at many casinos today, still, they won't ask for kyc as long as you're on the threshold that they've set and you're not obligated in providing them your identification unless they start asking so.
But as per experience, not all of them are like that and you're free to gamble wherever you are it's funny to think that some casinos are into web3 which is all about decentralization and yet, they're asking for some kyc. So, basically they just came in for the hype providing that they're a casino that has described themselves as web 3.0 but overall, they're not having the attitude of what it is to be.

most of them who are promoting web 3.0 are just riding the hype. but if you dig deeper, they are not practicing its true purpose. a lot of licensed casinos that you can find in this forum still don't require kyc. but definitely, if it is clearly stated in their terms, better prepare for it rather than pretending you don't know about such requirement. stick to the reputable casinos known to this forum and you won't encounter much trouble. a lot of members will also assist you if you have valid problem towards the site.

Yup.
It's what many have noticed about them. They're for the current trend and not really for the actual description of what that trend is all about.
The true thing about them is they just want to garner customers through it because it seems effective as marketing but eventually, they'll change their ways just as the normal way of a casino that implements their local rules.

This is something we see a lot in this market, for example there were many exchanges that were selling themselves as decentralized but in fact they were centralized, they simply labeled themselves this way despite not being decentralized and they did this because they knew that in this way they will get more customers, but once those people found the truth then it was obvious they are never going to trust on them again as they are not above lying to get their objectives.