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Author Topic: A way to attract new users or a misunderstanding?  (Read 10204 times)
AmoreJaz
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April 16, 2023, 10:02:43 PM
Last edit: April 16, 2023, 11:09:43 PM by AmoreJaz
 #361

While a lot of us would be more attracted with web 3.0 gambling features, but the reality is majority of the top casinos have not reached that far and are still following the current generation of the web. So if we can see casinos advertised as having Web 3.0 features, don’t be deceived easily as it’s only a part of marketing strategy to attract more players to play in their casino site. But eventually, all casinos are really heading there, though it’s still uncertain as to when they will get there.
The web 3.0 casino concept will definitely be developed but so far it's still testing the implementation behind the team's monitor, the team needs time to release the web 3.0 casino and we are waiting for the release of web 3.0 casino from a trusted casino on the forum. Make sure you have to be aware of scam casinos with fake interfaces have implemented in web 3.0, you may have a losing streak at that casino, so don't involve funds in foreign casinos and always option for trusted casinos in forums.

definitely, there will be scammers on the loose again. they will always find a way how to jump on the hype. so if you are a user, better check the site meticulously. don't just listen about the feedbacks, check their system itself. are they really practicing the web 3.0 concept? most will just be copycats of one another. you can get some good insights if you will join their social media channels as you will know how they will respond to critical questions about their project. this is advisable if you are seriously considering to invest on the project.

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coinerer
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April 16, 2023, 10:26:41 PM
 #362

While a lot of us would be more attracted with web 3.0 gambling features, but the reality is majority of the top casinos have not reached that far and are still following the current generation of the web. So if we can see casinos advertised as having Web 3.0 features, don’t be deceived easily as it’s only a part of marketing strategy to attract more players to play in their casino site. But eventually, all casinos are really heading there, though it’s still uncertain as to when they will get there.
The web 3.0 casino concept will definitely be developed but so far it's still testing the implementation behind the team's monitor, the team needs time to release the web 3.0 casino and we are waiting for the release of web 3.0 casino from a trusted casino on the forum. Make sure you have to be aware of scam casinos with fake interfaces have implemented in web 3.0, you may have a losing streak at that casino, so don't involve funds in foreign casinos and always option for trusted casinos in forums.
Existing trusted casino sites with their own concepts are already popular so they don't seem to be interested in swiping a new concepts. Web3 is a technology of Ethereum.  Web3 is Ethereum Decentralized Applications.  So not all sites seem to be interested in it. because casino sites always focus more on Bitcoin. However, some new sites may enter the market with the Web3 concept, but there is no guarantee that they will be must trusted

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April 17, 2023, 02:01:49 AM
 #363

definitely, there will be scammers on the loose again. they will always find a way how to jump on the hype. so if you are a user, better check the site meticulously. don't just listen about the feedbacks, check their system itself. are they really practicing the web 3.0 concept?
It's true, friend, to choose a good casino, gamblers don't only look at feedback and reviews, but also have to do research and try all the features themselves or check the system to prove whether what is stated on the site is real.
There have been cases where casinos used certain phrases in their promotions to gain the interest of gamblers but when research and research turned out that all that was said in the promotions were just fake extra words that were included only for the personal benefit of the casinos themselves.
I'm not saying that new casinos are all bad but it would be better to participate before things that are not desirable happen because we gamble using our personal money not using the free faucets given by the casino.

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Alisha-k
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April 17, 2023, 08:05:02 AM
 #364

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?.
Asking for KYC verification for a Casino crypto project is not necessary, even most of the traditional bet bookies for sports betting do not

Anything that has a relationship with “gambling” shouldn’t attach KYC verification to its platform because it places a limitation of which some persons may not be able to reach, so yes, asking for KYC Verification I think is a misinterpretation of what web3 and “gambling” represents in general.

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ethereumhunter
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April 17, 2023, 10:16:46 AM
 #365

greed for making more always makes gamblers bet high so they could win big but it also reduces the number of game ought to play and increase their risk tier.
What we are talking about was not greed but the shady service provided by some casinos to lure new users and the newbie who didn't do adequate research is always their victim.
We know greed will only lead us to lose more money. Even the winning money that we have earned can also be lost at the gambling table. This is what we have to avoid to enjoy winning money; if we haven't been able to win, we can also avoid bigger losses. Greed will bring us nothing but losing more money. So we must try to overcome greed and not be tempted by attractive offers provided by casinos so that we can stop just in time.
Not all gamblers are greed. Some gamblers go away with the little they have made for the day while the greedy ones use the small ones they won in the gambling process and loss all. That is greed because they what to win big a time which is not possible. Those who win big are those who just bet once and relax and monitor their bet. While those who loss always have a multiplication of bet games.
Indeed, not all gamblers are greedy and only people who want more returns can be greedy and will lose more than they have. Those who win big are those who manage to get lucky, while those who lose cannot see the situation and how big their chance is to win so they predict wrongly and end up losing. But if a gambler can take care of himself during gambling and feel that he has to get out immediately after a loss, he will survive by not spending more money.

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April 17, 2023, 02:13:33 PM
 #366

definitely, there will be scammers on the loose again. they will always find a way how to jump on the hype. so if you are a user, better check the site meticulously. don't just listen about the feedbacks, check their system itself. are they really practicing the web 3.0 concept?
It's true, friend, to choose a good casino, gamblers don't only look at feedback and reviews, but also have to do research and try all the features themselves or check the system to prove whether what is stated on the site is real.
There have been cases where casinos used certain phrases in their promotions to gain the interest of gamblers but when research and research turned out that all that was said in the promotions were just fake extra words that were included only for the personal benefit of the casinos themselves.
I'm not saying that new casinos are all bad but it would be better to participate before things that are not desirable happen because we gamble using our personal money not using the free faucets given by the casino.

Using buzzwords as part of advertising or special promotions is very common in any marketing department. This is nothing special from the gambling industry. The flyer or banner we see is there to attract us and make us interested in their products. It's not the full legal documents of what we going to play, for that we need to look into the terms and conditions on the main website. These days there will always be a small star at the promotion to tell us that there are limitations of the offers. That's why it's so important that we all make our own research and read all the fine prints before using real money. Casinos act in their own interest and to protect themselves from misuse. It's also good to check online if other gamblers had issues with the casino in the past.
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April 17, 2023, 02:59:31 PM
 #367

Asking for KYC verification for a Casino crypto project is not necessary, even most of the traditional bet bookies for sports betting do not

Anything that has a relationship with “gambling” shouldn’t attach KYC verification to its platform because it places a limitation of which some persons may not be able to reach, so yes, asking for KYC Verification I think is a misinterpretation of what web3 and “gambling” represents in general.

This is a complete misinformation about the purpose of KYC on gambling. Crypto is now being regulated same as fiat due to potential exploit on casino for coin mixing to commit money laundering. KYC is the main requirements for Anti Money Laundering policy given by the license provider to the casino that availing their license for legal purposes. We are now on an era that government is already regulating the use of crypto compared before when crypto is still on the grey area.

Mass adoption incorporates a regulations since many people is already involved. There is no decentralized thing on a business that has a license to operate. Only Bitcoin is the decentralised in crypto and the rest is just a pure bluff.

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Dunamisx
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April 17, 2023, 04:20:36 PM
 #368

We must endeavor to know that every casino has it own way of attracting new gamblers, they have to work extra miles to ensure they don't only invite customers but they also retain them to their site, a casino does not need to work base on what they think is best but also have a consideration on the gamblers preferred taste in gambling, customer service should be their ultimate goal and they must ensure they don't promise terms they wouldn't fulfill when gamblers subscribe for them.
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April 17, 2023, 04:44:44 PM
 #369

Asking for KYC verification for a Casino crypto project is not necessary, even most of the traditional bet bookies for sports betting do not

Anything that has a relationship with “gambling” shouldn’t attach KYC verification to its platform because it places a limitation of which some persons may not be able to reach, so yes, asking for KYC Verification I think is a misinterpretation of what web3 and “gambling” represents in general.

This is a complete misinformation about the purpose of KYC on gambling. Crypto is now being regulated same as fiat due to potential exploit on casino for coin mixing to commit money laundering. KYC is the main requirements for Anti Money Laundering policy given by the license provider to the casino that availing their license for legal purposes. We are now on an era that government is already regulating the use of crypto compared before when crypto is still on the grey area.

Mass adoption incorporates a regulations since many people is already involved. There is no decentralized thing on a business that has a license to operate. Only Bitcoin is the decentralised in crypto and the rest is just a pure bluff.

Yes, it is a form of anticipation of money laundering that can be done in gambling, I really understand how centralized business mechanisms cannot be decentralized even though they enter the web3 still for the operation of gambling work mechanisms in a country will be asked for a license according to the rules of gambling which is legally valid, except that the government in certain countries does not require gambling business operators to be asked for customer data to verify things that can be manipulated such as money laundering in gambling and they can claim that they are indeed decentralized, but still if they having a parent is tantamount to being centralized.
Today, nothing is decentralized except bitcoin, any business and any project that has a license from the relevant government and has an operational parent means they have a stage somewhere to run their company, meaning they are centralized.
after all their bookies will always be offering something hype to entice their customers they have to have to lie.

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April 17, 2023, 10:49:41 PM
 #370

KYC is selective by casinos and not all the casinos care about using KYC to make betting. There is need for us to always establish rapport with the casino terms of service so that we are going to know what could make us go wrong when using a casino to get things done. Some will not mind using KYC to punish gamblers restraining them from withdrawing funds.

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April 17, 2023, 11:01:04 PM
 #371

KYC is selective by casinos and not all the casinos care about using KYC to make betting. There is need for us to always establish rapport with the casino terms of service so that we are going to know what could make us go wrong when using a casino to get things done. Some will not mind using KYC to punish gamblers restraining them from withdrawing funds.
I will say that it is a casino platform that does not I have a good intention that does not require or ask for kyc vegetation before betting so many casinos that is strong and the well-known always at the advice their participants to ensure that they have done their kyc verification

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April 18, 2023, 09:36:23 AM
 #372

Asking for KYC verification for a Casino crypto project is not necessary, even most of the traditional bet bookies for sports betting do not

Anything that has a relationship with “gambling” shouldn’t attach KYC verification to its platform because it places a limitation of which some persons may not be able to reach, so yes, asking for KYC Verification I think is a misinterpretation of what web3 and “gambling” represents in general.
You should say that asking for KYC verification for a decentralized casino project is not necessary, when it comes to centralized platforms, they have licenses and would definitely require KYC to comply with regulations and AML laws imposed to prevent the businesses from anti-money laundering and other such illegal activities.

When we talk about traditional casinos or sportsbooks, the reason why they didn't require KYC is that there was no such concept back then, KYC was introduced just recently after the rate of illegal activities and cheating was on the rise.
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April 18, 2023, 10:00:04 AM
 #373

In my own opinion, I don't think they are using web3 as strategy to get more users to their site.
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April 18, 2023, 11:46:13 AM
 #374

And for me, I see that to be the worst marketing strategy any casino will ever use, claiming to be Web 3.0 when they literally aren't, because from what I know, a web 3.0 casino is meant to be the advanced feature of the world wide web which uses decentralized blockchain technology. But thou moreover I have not used a web 3.0 gambling casino and wish to use one someday, I don't think KYC should be a compulsory necessity for whichever casino claims to be web 3.0, as that's what differentiates it from the ordinarily normally used casinos
Some projects are careless about this and would do anything to attract new players including spreading false information and claiming to be web 3 is one of such mechanisms used by those casinos to deceive potential clients, this is bad because web 3 was developed to be fully decentralized ruining on layer 2 Networks.

-Anyway, we should always be at alart to make sure we read detailed information about the casino networks and rules before we make an account or deposit on them.
Gambling players are currently required to understand what the actual concept of web-based gambling sites is 3 and must read the TOS at the beginning because many also admit that their sites have adopted Web 3 but end up with KYC

and don't act carelessly and carelessly by filling in a deposit in your gambling account, when you don't really understand the reputation of the gambling site
Web3 or not, we are still that needing to have that KYc considering that there's no such thing about decentralized or whatsoever except into those sites who do run off blockchain-based type of games.
If a certain site do run off with having providers and other common games that we do have today then it cant really be just that possible.If ever there's some web3 then for sure it would really be
that getting that attention and recognition but making use of this word but doesnt really show off then it would really be just living out that kind of impression which would really be ending up
negatively and if you do ran off a business to be on this way then you would definitely get criticisms instead on getting some users to stay on the site.
If the web3.0 casinos are very similar to the ones we currently have, what is the advantage of their existence? what is it that makes it different? because in any case they demand the same thing, kyc, they are always waiting for the same licenses, they do not allow a degree of privacy,they do not offer to play with currencies like Monero, which would already be something very different and would be an option that would go in the other direction, Those kinds of things are what one looks for, that there be innovation, because I know that improvements will be implemented later,updates in all casinos that are not web3.

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April 18, 2023, 03:41:24 PM
 #375

In my own opinion, I don't think they are using web3 as strategy to get more users to their site.
If they're not using Web 3.0 as a strategy to get more traffic, they should remove the "Web 3.0" in the first place.

What do you think the reason they're add Web 3.0? other casino which ask the user to gamble through connecting wallet not add Web 3.0 in their page. Web 3.0 casino must be decentralized, high level privacy and transparent. But currently the Web 3.0 casino in this forum are lack of the 3 requirements which I mentioned before.

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April 18, 2023, 05:30:44 PM
 #376

We must endeavor to know that every casino has it own way of attracting new gamblers, they have to work extra miles to ensure they don't only invite customers but they also retain them to their site, a casino does not need to work base on what they think is best but also have a consideration on the gamblers preferred taste in gambling, customer service should be their ultimate goal and they must ensure they don't promise terms they wouldn't fulfill when gamblers subscribe for them.
True, if they want to practice what they think is good, then they have to start slowly. I mean don't let new users be surprised what their policy is. Because customer satisfaction is of course the main thing, what must be done is how the casino is liked by its users first. If the user feels comfortable with the casino, they will stick around and maybe they will even invite their friends to join.
The casino must have considered in as much detail as possible things like that. The users will usually be comfortable if fast moving support is one of them.

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April 19, 2023, 07:21:35 AM
 #377

In my own opinion, I don't think they are using web3 as strategy to get more users to their site.
If they're not using Web 3.0 as a strategy to get more traffic, they should remove the "Web 3.0" in the first place.

What do you think the reason they're add Web 3.0? other casino which ask the user to gamble through connecting wallet not add Web 3.0 in their page. Web 3.0 casino must be decentralized, high level privacy and transparent. But currently the Web 3.0 casino in this forum are lack of the 3 requirements which I mentioned before.
We all don't understand why some casinos add web3 to their pages is it just a strategy to get more customers or what is clearly still a question. But if it is true that they have a web3-based casino, it seems that there is no need to remove web3 on the start page because it is real and proven to be true, moreover the addition of these words is also their full right.
Not only web3 based casinos but also crypto casinos in general need to be decentralized, high level of privacy and transparent to provide trust and fairness to custemer.
But what you say is true because of the several web3 casinos on the forum, not all of them meet the requirements you mentioned.

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April 19, 2023, 09:59:50 PM
 #378

You should say that asking for KYC verification for a decentralized casino project is not necessary, when it comes to centralized platforms, they have licenses and would definitely require KYC to comply with regulations and AML laws imposed to prevent the businesses from anti-money laundering and other such illegal activities.

When we talk about traditional casinos or sportsbooks, the reason why they didn't require KYC is that there was no such concept back then, KYC was introduced just recently after the rate of illegal activities and cheating was on the rise.
I think people understand that casinos due to their license and the increase on the number of users they serviced thanks to the pandemic are going through a period in which governments are giving them more attention than ever, and as such they need to ask for their gamblers to identify themselves more often and to be more strict on their requirements, but a casino that is supposedly decentralized should never ask for that information, and the moment they do so then we as gamblers lose any incentive we may have had to play there.
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April 22, 2023, 02:58:33 PM
 #379

Well, in every casino they always want to be the most Influential and stand out, not only because of their bonuses, their promotions, which Always reach the players in some way, but what matters is that a casino has enough reach with the main activities of the world For example, a casino that has an influence on sports, that when they play soccer, or are in a UFC fight, the name of the casinos can be seen, for example casinos that are of this Style are: stake.com, bitcasino.io , sportsbet, duelbits, among others, this is the influential guy to look for in the casinos.

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April 22, 2023, 06:08:40 PM
 #380

You should say that asking for KYC verification for a decentralized casino project is not necessary, when it comes to centralized platforms, they have licenses and would definitely require KYC to comply with regulations and AML laws imposed to prevent the businesses from anti-money laundering and other such illegal activities.

When we talk about traditional casinos or sportsbooks, the reason why they didn't require KYC is that there was no such concept back then, KYC was introduced just recently after the rate of illegal activities and cheating was on the rise.
I think people understand that casinos due to their license and the increase on the number of users they serviced thanks to the pandemic are going through a period in which governments are giving them more attention than ever, and as such they need to ask for their gamblers to identify themselves more often and to be more strict on their requirements, but a casino that is supposedly decentralized should never ask for that information, and the moment they do so then we as gamblers lose any incentive we may have had to play there.
Obviously, online casinos were never so popular, but it was only after Covid-19 hit the world and there was pandemic and everyone was in self-quarantine, all public places including casinos were closed down and that is when the rise of online gambling started, people started to find ways to do their usual activities, gambling being one of them, so they stumbled upon online casinos.

When people started paying attention to online casinos, crypto-gambling platforms started to become famous, and ultimately, they have become a new trend now, and that is the reason why authorities are always behind them.

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