Kryptogamers Hive No KYC Casino

[libert19]

Since 2019, Offers on chain/off chain betting. Spin your luck in Jackpot for 0.1 Hive. Native token called 'Gamer', staking it makes you eligible for 50% casino profits, can bet with Hive, Steem, Dec (Splinterlands currency) and Gamer. Plenty games including Dice, Blackjack, Video pocker, crash, roulette, slots, plinko.  Auto bet also available for applicable games.

Wager to get access to clubs and insure your bet. Higher the club, higher the number of insured bets. Max 10 hive/steem can be insured each bet.

Complete daily quests to earn hive. Verify the bets with 'Provably fair' section provided at top right corner of each game.  

Opinion:

Dividends are potato, insured amount is small, quests are time consuming. But, to have fun, it's great casino. If you are already on hive, you should give it a try.

Website: https://kryptogamers.com/

Blog: https://hive.blog/@kryptogames


Edit: Insurance amount has been increased to 100 Hive.

Edit 2: Official Bitcointalk handle: https://bitcointalk.org/index.php?action=profile;u=3530600

Edit 3: Sister site of Kryptogamers on Polygon: https://fortunekingz.com (Ann)

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[Crypt0Gore]

Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high  rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.

[piebeyb]

i have been inactive for a long time making posts on Hive blog but i still have some Hive in my wallet, it seems interesting to try the games in this casino, no KYC and it seems decentralized casino, i will try some games there to test it, regardless of the casino is safe or not i will monitor this thread 

[libert19]

Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high  rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.

Half goes to casino and other half goes to token stakers , it's one of token utility, what's unrealistic?

[robelneo]

i have been inactive for a long time making posts on Hive blog but i still have some Hive in my wallet, it seems interesting to try the games in this casino, no KYC and it seems decentralized casino, i will try some games there to test it, regardless of the casino is safe or not i will monitor this thread 

It's not very popular in the gambling community because it's not a Bitcoin-based casino but on-chain casinos could be the next big thing in the casino industry, I also would like to see the potential of this on-chain casino, so why not give it a shot and update us, Hive is one of the projects that have potential to get in the top 20 it has many platforms associated with it.
For gamblers who want anonymity this on-chain casino platform will suit them.

[molsewid]

i have been inactive for a long time making posts on Hive blog but i still have some Hive in my wallet, it seems interesting to try the games in this casino, no KYC and it seems decentralized casino, i will try some games there to test it, regardless of the casino is safe or not i will monitor this thread  

It's not very popular in the gambling community because it's not a Bitcoin-based casino but on-chain casinos could be the next big thing in the casino industry, I also would like to see the potential of this on-chain casino, so why not give it a shot and update us, Hive is one of the projects that have potential to get in the top 20 it has many platforms associated with it.
For gamblers who want anonymity this on-chain casino platform will suit them.

Recently, I've seen some people here in forum asking for some casinos that doesn't require their people for KYC, having hive will be the best option for them , I just hope that if they will plan to add this verification soon I am hoping that they will make it a little more bigger limit than the other casinos.I am just not sure if this is the hive that has a bounty in year before.

[seoincorporation]

It's not very popular in the gambling community because it's not a Bitcoin-based casino but on-chain casinos could be the next big thing in the casino industry...

On-Chain casinos used to be a big thing in the casinos' industry at the start of crypto gambling, there used to be sites like Satoshibones or Luckybit where users place bets direct sending X amount to the game address and they get the result of the bet to the address. But there was 2 problems with it.

1.-Time: Waiting for the block to see the bet result wasn't nice at all, it gives a bad experience to the users.
2.-Double Spends: These casinos used to let the users get the reward before the transaction gets a confirmation, and if the bet loses then the attacker could do a double spend to avoid losing his coins.

[bittraffic]

Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high  rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.

Half goes to casino and other half goes to token stakers , it's one of token utility, what's unrealistic?

50% are going to be divided among the hundreds to thousands of its token stakers which may not be as profitable but if the casino gets tons of loyal users beating the top casinos, I think stakers will make money. This is almost the same with decentralized dividend casinos but because there are quests, it makes it a bit like p2e.

My concern is that it asks for Private key when you login to kryptogameapp.

[piebeyb]

i have been inactive for a long time making posts on Hive blog but i still have some Hive in my wallet, it seems interesting to try the games in this casino, no KYC and it seems decentralized casino, i will try some games there to test it, regardless of the casino is safe or not i will monitor this thread 

It's not very popular in the gambling community because it's not a Bitcoin-based casino but on-chain casinos could be the next big thing in the casino industry, I also would like to see the potential of this on-chain casino, so why not give it a shot and update us, Hive is one of the projects that have potential to get in the top 20 it has many platforms associated with it.
For gamblers who want anonymity this on-chain casino platform will suit them.

yes I think there's nothing wrong with trying games at this casino because I still have some Hives that are not used so I can try the games there, who knows I'll be lucky to play at this new casino, even though it's not very popular at least they've been introduced in the forum this 

[coin-investor]

50% are going to be divided among the hundreds to thousands of its token stakers which may not be as profitable but if the casino gets tons of loyal users beating the top casinos, I think stakers will make money. This is almost the same with decentralized dividend casinos but because there are quests, it makes it a bit like p2e.

My concern is that it asks for Private key when you login to kryptogameapp.

The profit looks interesting and if there are Hive investors and gamblers this is a platform worth exploring for them, I don't like a platform that asks for private keys because it's against the basic and main rules of not your keys, not your coins/token, the platform is questionable if they are going to ask for private keys, I checked the casino there are two options to log in one is through hivesigner and hive keychain, I haven't explored this casino yet, but if the two options are asking for private keys, then its not worth playing in this kind of platform.

[Silberman]

Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high  rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.

Half goes to casino and other half goes to token stakers , it's one of token utility, what's unrealistic?

50% are going to be divided among the hundreds to thousands of its token stakers which may not be as profitable but if the casino gets tons of loyal users beating the top casinos, I think stakers will make money. This is almost the same with decentralized dividend casinos but because there are quests, it makes it a bit like p2e.

My concern is that it asks for Private key when you login to kryptogameapp.

Correct, besides we must assume that the 50% comes from the profits the casino can generate and not its income, so before there is any kind of distribution of the funds the casino has, the casino can pay all their bills and once this is done then they can distribute half of the money that remains to those staking their coins, which means that if the casino gets no profits then no money is distributed at all, this makes the model not as unsustainable as it may seem at first sight.

[michellee]

I just heard of casinos using Hive to log in and gamble. I still prefer casinos that are already operating and I have used them for a long time. Still, they can be an option for gamblers who don't like registration like other casinos and only use their personal wallet to play gambling. This casino needs to make a promotion to make this casino more developed and can be more advanced and can get more members. But if they need more detailed information about that personal wallet, I don't think it's feasible unless we use a personal wallet that we specifically use to play gambling.

[libert19]

I am just not sure if this is the hive that has a bounty in year before.

This Hive is steemit fork, pretty sure they haven't had any bounty.

My concern is that it asks for Private key when you login to kryptogameapp.

Import your account into Hive signer/Hive keychain, then it's like metamask you approve transactions from there without exposing your private key.

The profit looks interesting and if there are Hive investors and gamblers this is a platform worth exploring for them, I don't like a platform that asks for private keys because it's against the basic and main rules of not your keys, not your coins/token, the platform is questionable if they are going to ask for private keys, I checked the casino there are two options to log in one is through hivesigner and hive keychain, I haven't explored this casino yet, but if the two options are asking for private keys, then its not worth playing in this kind of platform.

Those are like authentication apps through which you access dapps. Both are open source on github.

Hive keychain: https://github.com/hive-keychain/hive-keychain-extension

Hive signer: https://github.com/ecency/hivesigner-sdk/

besides we must assume that the 50% comes from the profits the casino can generate and not its income, so before there is any kind of distribution of the funds the casino has, the casino can pay all their bills and once this is done then they can distribute half of the money that remains to those staking their coins, which means that if the casino gets no profits then no money is distributed at all, this makes the model not as unsustainable as it may seem at first sight.

That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.

https://talkimg.com/images/2023/05/14/blob086d9cd2c462ea9d.jpeg

[Don Pedro Dinero]

That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.

I invested in casino bankrolls some time ago, and I found it profitable, but I see a problem with it, that you have to give up your private keys for an extra return, and although it worked out well for me, I don't know if it's worth the risk.

Yesterday I talked about the Fun Token that freebitco.in promotes, giving you advantages for holding certain amounts, which at least for the first few months was less profitable than investing in bitcoin directly. The summary of everything is that I'm going to stop all this crap and I'm going to continue accumulating bitcoin, no tokens.

[libert19]

That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.

I invested in casino bankrolls some time ago, and I found it profitable, but I see a problem with it, that you have to give up your private keys for an extra return, and although it worked out well for me, I don't know if it's worth the risk.

Already explained in the comment you quoted that you don't give your private keys. Keychain/hive signer is like metamask, you login into hive dapps and approve/reject transactions through it.

[MiliMil]

I would be careful on any website that says no KYC is required.

That decision isn't up to them and is up to the country they operate in.

KYC is a critical component of Anti Money Laundering laws and there is no way around it.

There isn't a single reputable company (Stake, BC.Game, Duelbit) that doesn't require KYC so please keep that in mind.

[libert19]

I would be careful on any website that says no KYC is required.

That decision isn't up to them and is up to the country they operate in.

KYC is a critical component of Anti Money Laundering laws and there is no way around it.

There isn't a single reputable company (Stake, BC.Game, Duelbit) who doesn't require Stake so please keep that in mind.

Hive and dapps under it seems to be off of government radar, may be that could be the reason. Anyhow, carefulness is required when there is possibility of getting funds stuck, kryptogamers is non-custodial.

[Daltonik]

Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high  rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.

Well, in fact, now many of the new and novice online casinos are doing this, which offer a kind of staking for users and return part of the profit from betting to players in the form of tokens that are used for betting.

[aioc]

Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high  rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.

Not really unrealistic as long as they have a platform to speak of, and this is profit sharing casino

Native token called 'Gamer', staking it makes you eligible for 50% casino profits

they are talking of profit sharing, not APY percentage, so depending on the profit of the casino, you need to stake their native token, this what Betfury is doing they are sharing their profit on their token investors, so this is not something new and nothing to be alarm with.

[ryzaadit]

-snip-

On-chain betting is not required "KYC"

Because they are doing it in the smart-contract and everything is automatically by the chain. But the less advantage by betting on the chain is:
- You have a limited option game (Most the time offering Lottery & Dice)
- You need to do the transaction for each betting

You can try to look: https://bitcointalk.org/index.php?topic=1492457.0