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Author Topic: What is a web3 casino for you?  (Read 1127 times)
Doan9269
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May 15, 2023, 12:23:46 PM
 #101

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

That's why I don't think much about web3 casino because I think it's all the same. Maybe what's different is that we can connect our personal wallet to the casino so we don't need to register using email or have to verify accounts. We shouldn't need to do KYC either because we didn't register directly but only used a personal wallet. But still, one day, the casinos may ask us to do KYC. And gamblers will also know what kind of casino they want to look for, so they will choose it after finding the one that suits them.

This. Could have been easier if they will accept this notion but consider them been a centralized gambling casinos they might not want to have individuals wallet connected to their casinos than you having the one they have created and given to you, if you provided them with your personal wallet which maybe is a decentralized wallet to be linked to your casino account, they may not really want to create an avenue that will not give them super priority or access to your casino wallet in doing that, the more reasons you see many has opted in for a decentralized no KYC required casinos for their gambling experience even with the use of web3 gambling technology
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May 15, 2023, 01:13:09 PM
 #102

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

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May 15, 2023, 01:43:48 PM
 #103

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

That's why I don't think much about web3 casino because I think it's all the same. Maybe what's different is that we can connect our personal wallet to the casino so we don't need to register using email or have to verify accounts. We shouldn't need to do KYC either because we didn't register directly but only used a personal wallet. But still, one day, the casinos may ask us to do KYC. And gamblers will also know what kind of casino they want to look for, so they will choose it after finding the one that suits them.

This. Could have been easier if they will accept this notion but consider them been a centralized gambling casinos they might not want to have individuals wallet connected to their casinos than you having the one they have created and given to you, if you provided them with your personal wallet which maybe is a decentralized wallet to be linked to your casino account, they may not really want to create an avenue that will not give them super priority or access to your casino wallet in doing that, the more reasons you see many has opted in for a decentralized no KYC required casinos for their gambling experience even with the use of web3 gambling technology

I actually do not care about the web3 or gambling in general centralized or decentralized, the most important thing for me is to be able to have fun with the gambling that I do, but if it is reconsidered it is true without doing KYC and connecting my decentralized wallet which will make it easier to do Deposits or withdrawals will be easier, it seems like I have more to play more regularly because it will be easy for me to make a deposit.


Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

Adjustments are still being done, and web3 is the next agenda and like that also still requires time in introduction and development, but I think it seems that the time to be swallowed will not be longer than the introduction of the web2.
To this day it is still in the clear stage of adjusting status as well as gambling sites that say they are decentralized which in fact still has a centralized entity.

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May 15, 2023, 10:13:22 PM
 #104

We have been seeing that this time around many casinos and project had been claiming the current thing that is trending and that is the way they are making us the customers look like we do not understand so certain things about what we need to know. That is a way many project use to promote there goods and services so I don't blame them for that.

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May 15, 2023, 10:18:29 PM
 #105

Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as web3.0 casino?


   -  What I know is that web3 casino is better if I compare it to the usual tradtional casino. Because it uses blockchain technology. 
And it's also safer compared to landbased casinos.

How can you say it is safer than landbased casinos?  In terms of risk, it has more risk because the platform can be a rouge one that can siphon your balance on your connected wallet.  It can be disguised as a gambling platform but in reality can be a hackers way to access your wallet.

And web3 casino uses dapps that run the game it has, which means no one can control them which is also the central authority. And they also provide rewards, such as nft, tokens and others that can be traded on the exchange.

There is always a chance that the dapps can be controlled by the owner if they have malicious intention in the first place.  So I won't say this one is safer than this one because they can turn rouge anytime they wanted.  Reward and bonuses doesn't justify reputation and honesty of a gambling platform.

Since when did the basis of a casino's reputation be based on rewards and bonuses? It's a trivial reason and it's baseless if that's the basis. Then the risk is always there, all we need is how to handle it correctly so at least we know how to overcome it.

     I also think that using web3 casino seems to be more advantageous compared to our usual online casino, why? do you not believe
 in this matter?



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May 15, 2023, 10:36:08 PM
 #106

We have been seeing that this time around many casinos and project had been claiming the current thing that is trending and that is the way they are making us the customers look like we do not understand so certain things about what we need to know. That is a way many project use to promote there goods and services so I don't blame them for that.
the people that we are supposed to be blaming is the players of casino games because when you come intensive cousin or you will see a different time of casino with a similar kind of proposing kind of games so I don't blame any action that a gambling project or casino project that can be taken in respect of this

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May 16, 2023, 08:26:14 AM
 #107

-snip-

Adjustments are still being done, and web3 is the next agenda and like that also still requires time in introduction and development, but I think it seems that the time to be swallowed will not be longer than the introduction of the web2.
To this day it is still in the clear stage of adjusting status as well as gambling sites that say they are decentralized which in fact still has a centralized entity.
Web3 has started to be known by most people, it's just that there is still a need for adjustments and higher trust so that it can be recognized properly.
So far, there are still not many people who really like and trust web3 gambling sites.
But I'm not too sure that they can truly decentralize until sometime in the future.
We ourselves also know how the development of the current gambling industry is where there will always be third parties that appear and enter so that it is decentralized, it will be difficult to remain owned by gambling sites.

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May 16, 2023, 02:08:49 PM
 #108

With the rise of fear we have in connecting our wallet to an app, it may just be harder for this web3 to be adopted. They may just have to target the attention of the gamers first, not the gamblers.

Gamers are probably more interested especially when it's Play to Earn. When it's finally safer and the suspicions of crypto community cool down to the hacking, they may lower their guard.
It's actually a pretty big challenge to overcome for businesses thinking to adopt web3 and provide decentralized gambling opportunities to their players, but players will always be suspicious about the integrity of the service and will find it difficult to trust the platform and connect their wallets for gambling since everyone knows what happens mostly when wallet is connected with an unknown and non-trusted source.

Play To Earn is way different than gambling, to provide Play To Earn, a platform will also need some P2E games which are different than gambling or casino games, which makes the cost double and there will still be no guarantee of success.

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May 17, 2023, 12:55:04 AM
 #109

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

In my opinion, Web 3 casinos and other kind of services will see an increase of volume and adoption in the future, but I am also afraid and the regulation will be a huge obstacle for casinos which would bet on decentralization as one of their main features. Added to that, since Web 3 gambling implies people being able to handle and take care of the own private and public keys. I am not sure how much of a percentage of the population would be willing to move from the centralized methods of verification and log in to assimetric cryptographic keys. There are very irresponsible individuals who cannot be trusted with their own credentials.  Tongue

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May 17, 2023, 02:15:52 AM
 #110

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

In my opinion, Web 3 casinos and other kind of services will see an increase of volume and adoption in the future, but I am also afraid and the regulation will be a huge obstacle for casinos which would bet on decentralization as one of their main features. Added to that, since Web 3 gambling implies people being able to handle and take care of the own private and public keys. I am not sure how much of a percentage of the population would be willing to move from the centralized methods of verification and log in to assimetric cryptographic keys. There are very irresponsible individuals who cannot be trusted with their own credentials.  Tongue

   -    Sometimes I also wonder, because when you use a web3 casino we know it's a decentralized gambling platform, right? but it's still a gamble the difference is that it's not regulated, right?

So, this means that no tax is paid to our government, am I right? Although, it is also true that there are other gamblers who take advantage of other casinos who think they can do it by cheating and the same is true of other casinos with their players as well.

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ethereumhunter
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May 17, 2023, 04:44:15 AM
 #111

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

That's why I don't think much about web3 casino because I think it's all the same. Maybe what's different is that we can connect our personal wallet to the casino so we don't need to register using email or have to verify accounts. We shouldn't need to do KYC either because we didn't register directly but only used a personal wallet. But still, one day, the casinos may ask us to do KYC. And gamblers will also know what kind of casino they want to look for, so they will choose it after finding the one that suits them.

This. Could have been easier if they will accept this notion but consider them been a centralized gambling casinos they might not want to have individuals wallet connected to their casinos than you having the one they have created and given to you, if you provided them with your personal wallet which maybe is a decentralized wallet to be linked to your casino account, they may not really want to create an avenue that will not give them super priority or access to your casino wallet in doing that, the more reasons you see many has opted in for a decentralized no KYC required casinos for their gambling experience even with the use of web3 gambling technology
If it's a wallet problem, you can install an individual wallet that you can use specifically to play gambling so it won't be mixed with other coins. After all, you can feel safe playing gambling by linking your account with that individual wallet because you don't need to write down an email or anything to register unless the casino asks you to do KYC one day.

But I feel that with the growing popularity of these crypto casinos, the government is keeping a closer eye on their development. Maybe the government will ask the casinos to KYC their members. So maybe we won't be asked to do KYC by the casino for now, but be prepared if the casino asks you later.

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May 17, 2023, 08:48:21 AM
 #112


Web3 has started to be known by most people, it's just that there is still a need for adjustments and higher trust so that it can be recognized properly.
So far, there are still not many people who really like and trust web3 gambling sites.
But I'm not too sure that they can truly decentralize until sometime in the future.
We ourselves also know how the development of the current gambling industry is where there will always be third parties that appear and enter so that it is decentralized, it will be difficult to remain owned by gambling sites.
But the problem is not about believing in web 3.0-based casino sites, but until now there has been no casino that actually implements web 3.0-based bases so it is quite difficult for gamblers to use these sites to gamble.
Unless there really is a web 3.0 casino site that actually implements what should be implemented on this web 3.0 basis.

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May 18, 2023, 09:29:36 PM
 #113

In my opinion, Web 3 casinos and other kind of services will see an increase of volume and adoption in the future, but I am also afraid and the regulation will be a huge obstacle for casinos which would bet on decentralization as one of their main features. Added to that, since Web 3 gambling implies people being able to handle and take care of the own private and public keys. I am not sure how much of a percentage of the population would be willing to move from the centralized methods of verification and log in to assimetric cryptographic keys. There are very irresponsible individuals who cannot be trusted with their own credentials.  Tongue
It is already happening now actually. Did you noticed that there are a couple of web3 casinos posted in this forum? Crypto casinos are decentralized before but regulations ruined it, luckily there is web3 to the rescue. It brings back the decentralization that we gamblers miss.

We often told that storing funds in a centralized server imposes a big risk. With this said, there are many gamblers who are going to switch on a decentralized gambling site including on this web3 casinos. There are risks as well in connecting to a decentralized website but that is if they are a scam. We can still do a research before we use them to avoid our wallets to get hacked.

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May 18, 2023, 11:13:42 PM
 #114

In my opinion, Web 3 casinos and other kind of services will see an increase of volume and adoption in the future, but I am also afraid and the regulation will be a huge obstacle for casinos which would bet on decentralization as one of their main features. Added to that, since Web 3 gambling implies people being able to handle and take care of the own private and public keys. I am not sure how much of a percentage of the population would be willing to move from the centralized methods of verification and log in to assimetric cryptographic keys. There are very irresponsible individuals who cannot be trusted with their own credentials.  Tongue
It is already happening now actually. Did you noticed that there are a couple of web3 casinos posted in this forum? Crypto casinos are decentralized before but regulations ruined it, luckily there is web3 to the rescue. It brings back the decentralization that we gamblers miss.

We often told that storing funds in a centralized server imposes a big risk. With this said, there are many gamblers who are going to switch on a decentralized gambling site including on this web3 casinos. There are risks as well in connecting to a decentralized website but that is if they are a scam. We can still do a research before we use them to avoid our wallets to get hacked.

I have indeed noticed that there have been some decentralized casinos around here in the forum. Nevertheless, it has caught my attention that none of them are yet so trusted or caught a relatively high volume, in comparison to centralized casinos.

It is the kind of thing which makes me to realize that as it is now, most of the gambling industry orbits around trust, that is something the Web3 is trying to change.

There has not been such a boom or sustancial increase of popularity as I expected, still I stand by what I say on the high volume future this industry can have.  Smiley

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May 19, 2023, 05:48:48 AM
 #115


Web3 has started to be known by most people, it's just that there is still a need for adjustments and higher trust so that it can be recognized properly.
So far, there are still not many people who really like and trust web3 gambling sites.
But I'm not too sure that they can truly decentralize until sometime in the future.
We ourselves also know how the development of the current gambling industry is where there will always be third parties that appear and enter so that it is decentralized, it will be difficult to remain owned by gambling sites.
But the problem is not about believing in web 3.0-based casino sites, but until now there has been no casino that actually implements web 3.0-based bases so it is quite difficult for gamblers to use these sites to gamble.
Unless there really is a web 3.0 casino site that actually implements what should be implemented on this web 3.0 basis.
What you say has some truth because some casinos that say they are web3 based don't really implement what web3 based should define.
Now, this can make gamblers hesitate when they want to use it and can't easily trust casinos like this.
They offer a decentralized web3 base but whether it's true or not gamblers also don't know about it.
After all, if we look back, there are many gamblers who are not so interested and believe in casinos with a web3 basis.

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May 19, 2023, 09:29:18 AM
 #116


Web3 has started to be known by most people, it's just that there is still a need for adjustments and higher trust so that it can be recognized properly.
So far, there are still not many people who really like and trust web3 gambling sites.
But I'm not too sure that they can truly decentralize until sometime in the future.
We ourselves also know how the development of the current gambling industry is where there will always be third parties that appear and enter so that it is decentralized, it will be difficult to remain owned by gambling sites.
But the problem is not about believing in web 3.0-based casino sites, but until now there has been no casino that actually implements web 3.0-based bases so it is quite difficult for gamblers to use these sites to gamble.
Unless there really is a web 3.0 casino site that actually implements what should be implemented on this web 3.0 basis.
What you say has some truth because some casinos that say they are web3 based don't really implement what web3 based should define.
Now, this can make gamblers hesitate when they want to use it and can't easily trust casinos like this.
They offer a decentralized web3 base but whether it's true or not gamblers also don't know about it.
After all, if we look back, there are many gamblers who are not so interested and believe in casinos with a web3 basis.
And it seems to me that the web3 industry has not yet developed enough to, in general, in principle, make a complete absence of a third party. 
In any case, this is a problem, if only because there is a huge group of programmers who implement the work of web3.  In any case, these are specific people or organizations that are still headed by someone centrally.  And in the future, I don’t really believe that it will be possible to create such a structure of interaction between people on the network that there would be unclear, blurry decision-making centers.  In my opinion, this is rather utopian. 
But elements of decentralization to some specific level can be done.  Therefore, in the gambling industry, there is a rather indefinite border that tells us that this is definitely a web3-based casino.  And this other casino is not a web3 casino at all.  Therefore, no one can know for sure. 
The casino says that it is based on web3, but the players doubt it and believe that it is not.

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May 19, 2023, 10:35:10 AM
Last edit: May 19, 2023, 10:53:45 AM by Weawant
 #117

But the problem is not about believing in web 3.0-based casino sites, but until now there has been no casino that actually implements web 3.0-based bases so it is quite difficult for gamblers to use these sites to gamble.
Unless there really is a web 3.0 casino site that actually implements what should be implemented on this web 3.0 basis.[/left]

If you're looking for casino that have implemented web3 games, you shouldn't be looking at the popular casino because they can't implement a decentralized games since their sites aren't decentralized for them to implement web3 games they have to be decentralized first.

Casinos in the Metaverse have web 3 games, they're not popular yet but if you connect your wallets to some popular metaverse projects, you can play games in the casino and win some NFT or other valuable digital assets that can be sold on opensea site.

8 Best Metaverse Casinos To Play At In 2023 - Metaverse casinos are bridging the gap between online gambling and Web3 technologies, such as cryptocurrencies, blockchain, and NFTs. Not only do metaverse casinos offer a fully-immersive gambling experience, but generous bonuses and lightning-fast withdrawals.

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May 19, 2023, 11:14:45 AM
 #118

I love the idea that in order for online casinos to be considered as web 3.0 gambling sites is its ability for decentralization. It straight to the point, and nothing more. That integration of cryptocurrency as payments, rewards, tokens are featured. In cased of security, it will greatly be depend upon the house website if they require every player or stakeholders to have a KYC. I love this post as it just gives simple and clear prompt.
But on non web3 casinos, I mean the centralized casinos, gamblers are making use of cryptocurrencies too to gamble. What makes web3 casinos to b different is because they are paid directly into their noncustodial wallet, unlike the deposit and withdraw on crypto centralized casinos. Also on web3 casinos, I have not seen one that requires KYC yet, but KYC can latter become the challenges of web3 casinos and exchanges and that will make them to be centralised in one way or the other.

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May 19, 2023, 11:51:45 AM
 #119

<...>
Web3.0 is just another hype word. It is not really going to change anything because I think it is not going to deliver its promise which is building a decentralized internet.  If they somehow manage to bring it to life, maybe we will see casinos that operate on decentralized hosting & domains but it sounds a bit too unrealistic to me. First of all, a hosting firm needs a very good broad internet line, how are they gonna get it without collaborating with the government?

I dunno... web3.0 sounds like a scam to me at this point.

I thought the same when I started to see these web3.0 claims flooding the social media and articles, or even its concept developed in the Wikipedia itself. This kind of terms tend to produce me some degree of allergy after so many hype words suffered in the last years in our crypto-environment. But, breaking a spear for this one, I have to say that there are some interesting concepts included in this last 3.0 that I'm happy hyping, and the decentralisation you mentioned is the most clear one. Who knows, if the idea finally goes viral...

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May 19, 2023, 12:01:35 PM
 #120

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

We are already getting more deep into this advanced technology and development with the use of AI, it's a situation where you feel the reality of virtual world in the present time, it has advanced many areas of the economy including the gambling and yet we are still warming up and have not arrived, enough with the rule of the centralized gover in our lives, i believe the technology will bring more of the good than the bad i the nearest future.
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