NIYVI.COM | WIN UP TO $100,000 + 700FS IN WELCOME BONUSES

[Hispo]

I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?

To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.

Personally, as long as they're upfront with how they handle things, I don't think it's a huge issue if a user accepts the terms. Sadly most casinos don't explicitly warn or tell users key details like KYC before they deposit so it complicates things. But yeah, only time will tell.

Honestly, if this casino proves to be reliable in the long term without being properly license, I still could see it being successful within the gambling community, specially those who are concerned with providing their person information to centralized entities and regulators.
Though, they must be very careful when comes to unpurposely providing liquidity money launderers and criminals with their casino, otherwise it could be just matter of time before their domain gets seized by either the European Union or the United States, in a similar manner to what happened to Chipmixer, even though the latter had nothing to do with gambling.

Also, this may be the first casino I have seen which openly claims to make their community to get involved with the resolution of conflicts between the house itself a other gamblers. In that sense, it is an innovation.  

[niyvi]

In such cases, we will investigate to confirm it’s a legitimate situation and may ask for KYC only if absolutely necessary to rule out fraud. Once they can show it’s two different people, they'll be allowed to continue playing without issue. Our intention is to support genuine players while protecting the community against fraudulent activity.

I believe the problem is that users can't see whether your intention is genuine or not. I think this is probably solvable with time when your reputation increases, but is there really no alternative other than KYC? I mean if your team when to push for boundaries, this is one of the areas you can tackle and offer unique solutions for.

I remember talking about wallet-based identification in the past, where users would need their wallet signature and device ID as an identifier, although I'm not sure if people would like it. It's also easy to bypass, so that's that.

Thank you for your insight! We're fully committed to transparent, fair practices, and we understand concerns around KYC. We're continuously exploring alternative solutions, like wallet-based ID and device fingerprinting, to reduce the need for KYC, though these come with limitations. With time, as we build trust, we aim to keep pushing boundaries to find even better solutions.

I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?

To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.

Personally, as long as they're upfront with how they handle things, I don't think it's a huge issue if a user accepts the terms. Sadly most casinos don't explicitly warn or tell users key details like KYC before they deposit so it complicates things. But yeah, only time will tell.

You’re absolutely right—regulations around KYC/AML are often required for licensed businesses, and transparency is key. We’re committed to being upfront about our KYC policy, and we only apply it under clear, specific conditions. Building trust takes time, but we believe honesty and transparency are the foundation.

I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?

To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.

Personally, as long as they're upfront with how they handle things, I don't think it's a huge issue if a user accepts the terms. Sadly most casinos don't explicitly warn or tell users key details like KYC before they deposit so it complicates things. But yeah, only time will tell.

Honestly, if this casino proves to be reliable in the long term without being properly license, I still could see it being successful within the gambling community, specially those who are concerned with providing their person information to centralized entities and regulators.
Though, they must be very careful when comes to unpurposely providing liquidity money launderers and criminals with their casino, otherwise it could be just matter of time before their domain gets seized by either the European Union or the United States, in a similar manner to what happened to Chipmixer, even though the latter had nothing to do with gambling.

Also, this may be the first casino I have seen which openly claims to make their community to get involved with the resolution of conflicts between the house itself a other gamblers. In that sense, it is an innovation. 

Agreed. A casino focused on privacy and reliability could appeal strongly to players wary of sharing personal information. However, navigating compliance carefully is essential to avoid unintended misuse by bad actors. Ensuring robust AML safeguards will be critical for long-term success and avoiding regulatory issues, especially given the risks of seizure similar to Chipmixer. Balance and vigilance are key.

[joniboini]

We're continuously exploring alternative solutions, like wallet-based ID and device fingerprinting, to reduce the need for KYC, though these come with limitations. With time, as we build trust, we aim to keep pushing boundaries to find even better solutions.

Nice to hear that. What kind of solutions are you exploring right now? Is the cost that high that you don't offer them from the beginning? I wonder if users would like to participate in a trial run of such an identification process. However, I'm not sure people will be comfortable with device ID if it requires too many details.

Ensuring robust AML safeguards will be critical for long-term success and avoiding regulatory issues, especially given the risks of seizure similar to Chipmixer. Balance and vigilance are key.

I believe there's a difference between not doing the AML/KYC process and deliberately participating in activity such as money laundering though. CMIIW.

[Hispo]

...
Agreed. A casino focused on privacy and reliability could appeal strongly to players wary of sharing personal information. However, navigating compliance carefully is essential to avoid unintended misuse by bad actors. Ensuring robust AML safeguards will be critical for long-term success and avoiding regulatory issues, especially given the risks of seizure similar to Chipmixer. Balance and vigilance are key.

Right, but if you are intended to enforce a robust AML environment, would not be a contradiction to remain fully free of KYC? Because (as far as I know), regulators will start to exert pressure on casinos which are relatively big in volume and yet unregistered or unregulated, that is what happened with the service Chipmixer, they kept themselves as a non-KYC privacy platform for a very long time, until gaining enough popularity for them to catch the attention of regulators and they got seized.
Of this casino gets big enough eventually, I am afraid you will have to choose between either keep the casino running and the privacy of all your gamblers.
Since we are talking  about a business and an big investment of money and time into building up all this, usually staff of a casino prefer to comply regulators, in detriment of the integrity of their gamblers.

It is sad, but that is how it works, money is what seems to be what matters on the destiny of a casino or bookie, not privacy.

[niyvi]

We're continuously exploring alternative solutions, like wallet-based ID and device fingerprinting, to reduce the need for KYC, though these come with limitations. With time, as we build trust, we aim to keep pushing boundaries to find even better solutions.

Nice to hear that. What kind of solutions are you exploring right now? Is the cost that high that you don't offer them from the beginning? I wonder if users would like to participate in a trial run of such an identification process. However, I'm not sure people will be comfortable with device ID if it requires too many details.

Ensuring robust AML safeguards will be critical for long-term success and avoiding regulatory issues, especially given the risks of seizure similar to Chipmixer. Balance and vigilance are key.

I believe there's a difference between not doing the AML/KYC process and deliberately participating in activity such as money laundering though. CMIIW.

Thank you for your feedback! We completely understand the importance of balancing security with user comfort and privacy. At our casino, we prioritize creating a seamless and trustworthy experience for our players.

We’ve invested in powerful, cutting-edge tools that can detect potential issues such as multi-accounting or fraud without requiring intrusive user involvement. These tools allow us to uphold the principles of transparency and fairness while respecting the anonymity our users value.

As for additional identification processes, we are continuously exploring solutions that align with Web3 principles and provide value without adding unnecessary friction. While traditional identification processes can be costly and time-intensive, our approach is to implement them only when absolutely necessary—for example, in cases of suspected fraud or extremely high turnover.

Your suggestion for a trial run is interesting! We believe that any system we introduce should not compromise user trust or convenience. For now, our focus is on maintaining a clean, fair platform with minimal intrusion. We’re always open to user input and strive to build features that enhance, rather than hinder, your experience.

You're absolutely correct—there is a significant difference between not performing AML/KYC and actively engaging in illicit activities like money laundering.

[BitcoinGirl.Club]

It is sad, but that is how it works, money is what seems to be what matters on the destiny of a casino or bookie, not privacy.

That's not a crime. Casino and sportsbook are business, they have the business to generate profit. When a business become big then they need to enforce government regulation, they do not have a choice. If you want to blame anyone for that then blame the system. Not the business owners.

[joniboini]

We’ve invested in powerful, cutting-edge tools that can detect potential issues such as multi-accounting or fraud without requiring intrusive user involvement. These tools allow us to uphold the principles of transparency and fairness while respecting the anonymity our users value.

And how do these tools work? I understand that showing the logic behind your new power might allow cheaters to abuse it. Still, for regular users, I don't think it's fair if they don't know what hit them, especially if we don't know what triggers the false positive. It's not a nice feeling knowing that you might get flagged for multi-account because your ISP register an IP somebody used previously, for example. I'm not a fan of services that claim they use powerful tools if we can't verify anything from our side.

[niyvi]

We’ve invested in powerful, cutting-edge tools that can detect potential issues such as multi-accounting or fraud without requiring intrusive user involvement. These tools allow us to uphold the principles of transparency and fairness while respecting the anonymity our users value.

And how do these tools work? I understand that showing the logic behind your new power might allow cheaters to abuse it. Still, for regular users, I don't think it's fair if they don't know what hit them, especially if we don't know what triggers the false positive. It's not a nice feeling knowing that you might get flagged for multi-account because your ISP register an IP somebody used previously, for example. I'm not a fan of services that claim they use powerful tools if we can't verify anything from our side.

We understand your concerns, and transparency is important to us. Our platform uses advanced tools to maintain a fair and secure environment for all users. While we can’t disclose the exact mechanics of these tools to prevent exploitation, we prioritize fairness and accuracy in every decision.

Here’s what we can share:
- Behavioral Patterns: Our system looks for unusual activities, such as multiple accounts interacting with the same IP or sudden changes in usage behavior.
- False Positives: We acknowledge that issues like ISP IP reassignments can happen. That’s why we’ve implemented a thorough review process for flagged accounts.
- Appeal Process: If you feel you’ve been flagged unfairly, our team is here to investigate and resolve such cases quickly. We aim to minimize the inconvenience for legitimate users.

Your feedback is invaluable, and we are committed to improving transparency and ensuring our tools remain fair.

[EarnOnVictor]

I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?

To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.

You're right and I already know the government is partly the issue, but my problem with them is that they fully understand that the long arm of the government will still catch up on them yet they advertise a no-KYC casino, which looks tricky and deliberate. And the devilish part is that so far your money is with them, the moment the ToS changes from the No-KYC to KYC casino, you will not be able to withdraw your money unless you complete the KYC, how fair is that? Has the privacy not been compromised for the core privacy-inclined people?

[BitcoinGirl.Club]

And how do these tools work? I understand that showing the logic behind your new power might allow cheaters to abuse it. Still, for regular users, I don't think it's fair if they don't know what hit them, especially if we don't know what triggers the false positive. It's not a nice feeling knowing that you might get flagged for multi-account because your ISP register an IP somebody used previously, for example. I'm not a fan of services that claim they use powerful tools if we can't verify anything from our side.

IP is not the only matric that is considered when flagging multi accounts. There are other things like
[1.] Information from Browser
[2.] Device fingerprint
[3.] Users behaviors. These days they say, social media knows more about you then you do yourself. It's a very big tach.

There are many more metrics that works behind before flagging accounts. 

[niyvi]

I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?

To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.

You're right and I already know the government is partly the issue, but my problem with them is that they fully understand that the long arm of the government will still catch up on them yet they advertise a no-KYC casino, which looks tricky and deliberate. And the devilish part is that so far your money is with them, the moment the ToS changes from the No-KYC to KYC casino, you will not be able to withdraw your money unless you complete the KYC, how fair is that? Has the privacy not been compromised for the core privacy-inclined people?

I understand your concerns, and I want to clarify the intent behind a no-KYC casino like ours. The no-KYC policy respects privacy for crypto users, but KYC might be triggered in specific cases, like fraud or regulatory compliance. This isn’t to trap funds but to ensure the platform stays operational and secure.

If ToS changes ever require KYC, we believe in transparency and giving users enough notice to withdraw or comply. Our goal is to balance privacy with trust, ensuring fair and open practices for all users.

[_BlackStar]

-snip-

I understand your concerns, and I want to clarify the intent behind a no-KYC casino like ours. The no-KYC policy respects privacy for crypto users, but KYC might be triggered in specific cases, like fraud or regulatory compliance. This isn’t to trap funds but to ensure the platform stays operational and secure.

If ToS changes ever require KYC, we believe in transparency and giving users enough notice to withdraw or comply. Our goal is to balance privacy with trust, ensuring fair and open practices for all users.

I'm not sure about how convincing your promises are to customers - but this isn't my problem. Any customer who cares about privacy may be able to choose your casino within a certain budget - but they still need to consider changes that may occur along the way for various reasons including government compliance and others.

Ultimately customers need to agree to your casino's terms and conditions of service and they need to understand that changes to the ToS can happen along the way and they are fine. This is a risk worth worrying about for those who only gamble at non-KYC casinos.

[niyvi]

-snip-

I understand your concerns, and I want to clarify the intent behind a no-KYC casino like ours. The no-KYC policy respects privacy for crypto users, but KYC might be triggered in specific cases, like fraud or regulatory compliance. This isn’t to trap funds but to ensure the platform stays operational and secure.

If ToS changes ever require KYC, we believe in transparency and giving users enough notice to withdraw or comply. Our goal is to balance privacy with trust, ensuring fair and open practices for all users.

I'm not sure about how convincing your promises are to customers - but this isn't my problem. Any customer who cares about privacy may be able to choose your casino within a certain budget - but they still need to consider changes that may occur along the way for various reasons including government compliance and others.

Ultimately customers need to agree to your casino's terms and conditions of service and they need to understand that changes to the ToS can happen along the way and they are fine. This is a risk worth worrying about for those who only gamble at non-KYC casinos.

There has been a lot of excitement about NO KYC, and it’s just interesting.

Our main idea is to create a fair environment, because it’s vital for transformation. All of us users can use the BitcoinTalk community as a judge if we think a particular decision is unfair.

Also we are not blind, we can detect fraudulent activities. This is our insurance to filter out unfair people.

We are going to make niyvi decentralized.

[joniboini]

- Appeal Process: If you feel you’ve been flagged unfairly, our team is here to investigate and resolve such cases quickly. We aim to minimize the inconvenience for legitimate users.

I read so many threads about false positives and most of them respond quite slowly, in some extreme cases it takes more than a few months before the platform reviews the case. I understand casinos or platforms have limited manpower but for users waiting for days or months can be annoying especially when it was triggered by false positive. I'd suggest you allocate sufficient resources for this if you plan to be competitive.

We are going to make niyvi decentralized.

Are you saying you plan to move account verification, etc to the community? I never heard of a platform being decentralized while also doing KYC/AML because they want to keep their license.

[niyvi]

- Appeal Process: If you feel you’ve been flagged unfairly, our team is here to investigate and resolve such cases quickly. We aim to minimize the inconvenience for legitimate users.

I read so many threads about false positives and most of them respond quite slowly, in some extreme cases it takes more than a few months before the platform reviews the case. I understand casinos or platforms have limited manpower but for users waiting for days or months can be annoying especially when it was triggered by false positive. I'd suggest you allocate sufficient resources for this if you plan to be competitive.

We are going to make niyvi decentralized.

Are you saying you plan to move account verification, etc to the community? I never heard of a platform being decentralized while also doing KYC/AML because they want to keep their license.

For such cases, there is the Bitcointalk community, as a judge, you can see about it in the first post.

We intend to build the first decentralized platform using NIYVI as the underlying currency to empower token holders, platform owners, designers, and developers to create and profit from their innovations, KYC will no longer be required, and we are preparing a response strategy for any potential government KYC/AML regulations.

We'll talk a lot about this soon.

[Flexie80]

Will you offer sports betting soon too ?

[niyvi]

Will you offer sports betting soon too ?

This issue is a little vague for us at the moment, but we'll definitely say when we've figured it out.

[AB de Royse777]

This topic needs a bump :-)

There will be some good formatting in the main topic and additionally you will be seeing some good marketing for this brand. Stay in touch everyone.

[niyvi]

This topic needs a bump :-)

There will be some good formatting in the main topic and additionally you will be seeing some good marketing for this brand. Stay in touch everyone.

Welcome to the NIYVI team!
Exciting updates are on the way, bringing improvements on all fronts!

[AB de Royse777]

This is what I saw while I was verifying my email after creating an account with Niyvi. However it seems the email already has been verified. Not sure why it was showing the Error message.


What does 30 - 250$ means here?
I am guessing it requires $250 to deposit. No?