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Topic: A way to attract new users or a misunderstanding? - page 15. (Read 10206 times)

legendary
Activity: 1596
Merit: 1027
Web3 should be decentralized, but as long as Web3 projects are using the ethereum network or any other centralized network, they will be centralized. So, basically, yes you have some missunderstanding of what web3 actually is. So, they either develop their own decentralized network or develop their projects on a decentralized network or they risk becoming totally dependant on a centralized network.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Web3 has dapps. so possibly the bet, winnings and paying is processed there.  While it is easier to understand how the process go in a platform running in web 3.0 since web 3.0 can run in centralized system so the processing is done by the centralized system where the owner has access.
Thanks for the explanation. Didn't know that Web3 and Web 3.0 were different. Basically, Web3 is always decentralised while Web 3.0 can be centralised or decentralised.

Whatever the case, gamblers focus more on other factors such as house edge, promotions, whether KYC is truly required or not etc which makes sense since very few of them care about these new technologies.

Their interest in them would rise sharply if they received some big incentives through them when compared to the competition.
That's some addition info and knowledge for me as well, I thought that they're just the same.

These days, most gamblers are leaning to the trust on these casinos. It doesn't matter anymore if they will require kyc or not, at least this is for the majority that I've seen.

And it will mostly be ignored as you've said, if there are incentives which is usually happening through promos and some giveaways that would increase the number of their users.
sr. member
Activity: 1274
Merit: 252
Web3 has dapps. so possibly the bet, winnings and paying is processed there.  While it is easier to understand how the process go in a platform running in web 3.0 since web 3.0 can run in centralized system so the processing is done by the centralized system where the owner has access.
Thanks for the explanation. Didn't know that Web3 and Web 3.0 were different. Basically, Web3 is always decentralised while Web 3.0 can be centralised or decentralised.

Whatever the case, gamblers focus more on other factors such as house edge, promotions, whether KYC is truly required or not etc which makes sense since very few of them care about these new technologies.

Their interest in them would rise sharply if they received some big incentives through them when compared to the competition.
This is right. As a player I actually don't care about whether it is web 3.0 or not what I am looking is the promotion, benefits, bonuses and securtiy of the website I am playing with. Most of them do ask kyc as it is what it is and you wont be depositing if you dont know that.

Some people think just because it is a Web 3.0 doesn't mean that they would not ask the players to undergo KYC.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I personally don't care about the new terms web3 or web30 that casinos are bringing which at their core are only oriented towards improving the user experience in terms of managing funds and (mostly) issuing new utility tokens. In fact crypto-based casinos existed before this term and they also offer basically the same quality of service, working with the same gaming software providers.
And we can also still use the casinos we are used to and have no problems. Meanwhile, the web 3 offered by the casino is still under development and it is possible that in the near future, we will see something different from what it is now. As long as we can still use a normal casino, we don't need to get involved in using a web-based casino 3 unless we are curious about what it looks like and what the experience is like. And there must be people who are curious to try it so they can have a new experience.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
Web3 has dapps. so possibly the bet, winnings and paying is processed there.  While it is easier to understand how the process go in a platform running in web 3.0 since web 3.0 can run in centralized system so the processing is done by the centralized system where the owner has access.
Thanks for the explanation. Didn't know that Web3 and Web 3.0 were different. Basically, Web3 is always decentralised while Web 3.0 can be centralised or decentralised.

Whatever the case, gamblers focus more on other factors such as house edge, promotions, whether KYC is truly required or not etc which makes sense since very few of them care about these new technologies.

Their interest in them would rise sharply if they received some big incentives through them when compared to the competition.
legendary
Activity: 2534
Merit: 1338
I personally don't care about the new terms web3 or web30 that casinos are bringing which at their core are only oriented towards improving the user experience in terms of managing funds and (mostly) issuing new utility tokens. In fact crypto-based casinos existed before this term and they also offer basically the same quality of service, working with the same gaming software providers.
To me it matters because if a product or service is supposedly offering something and then they do not fulfill their promise then we are talking about false advertising at best and a willing attempt to deceive their customers at worst, and none of those two options are good if you ask me and it will make me to rethink about the possibility of ever gambling at that casino again, as who in his right mind is going to deposit their money in a casino which is lying so blatantly?
hero member
Activity: 1778
Merit: 709
[Nope]No hype delivers more than hope
I personally don't care about the new terms web3 or web30 that casinos are bringing which at their core are only oriented towards improving the user experience in terms of managing funds and (mostly) issuing new utility tokens. In fact crypto-based casinos existed before this term and they also offer basically the same quality of service, working with the same gaming software providers.
legendary
Activity: 2940
Merit: 1083
I think something related to Web 3.0 can't even attract new users on a gambling platform. It's just technology.

Gamblers are gamblers and they only care about winning and for that to happen, they will only choose a big casino that already established a reputation.

For new users or gamblers to be attracted, unique promotions and bonuses are the keys, not these web 3.0-related stuff.
sr. member
Activity: 1372
Merit: 348
I never really cared about all they hype behind Web 3.0 which is why my interest in crypto gambling sites adopting this stuff never really rose though I did check them out now and then, but didn't find any major differences.

What matters more to me when investing in these sites is how reliable they are, no KYC, low house edge, great promotions etc.
The unfortunate thing still remains that several casinos claiming to the web 3.0 based are nothing but blatant lies, but on the other hand, if you find a casino that is indeed web 3.0 based, that would be extremely wonderful since web 3.0 based platforms doesn't require signing up or registration as well as asking or requesting customers to verify their account.
Web 3.0 casino games are hosted on the blockchain which also means, or should mean that even the casino owners don't have control over the games anymore.

It isn't web 3.0 (wiki just make it a confusion since they also label web3 as web 3.0 when it is clear that these two entity is different), it is web3, there had been lots of explanation on this thread that differentiate web 3.0 from web3.  It is the web3 that runs in blockchain while web 3.0 can run anywhere. 

But my question now about web 3.0 based casinos is that, since games are hosted on the blockchain and gamblers only need to connect their wallet and start playing, how does the gamblers get paid if they win.?

Web3 has dapps. so possibly the bet, winnings and paying is processed there.  While it is easier to understand how the process go in a platform running in web 3.0 since web 3.0 can run in centralized system so the processing is done by the centralized system where the owner has access.
sr. member
Activity: 672
Merit: 416
stead.builders
Casinos are more likely to tell simple white lies. I'm not looking at that myself. They can always say that things have been misinterpreted by the user or they can end up referring to the terms and conditions, which are basically binding as long as it doesn't conflict with the laws where the casino is located. And platforms and programs are always updated once in a while, I wouldn't stick too much to that.

Definitely some casinos where known for this kind of claims, but what they fail to realize is that lying will only reduce their level of trust they have with gamblers because everyone want to be treated as it is, there have been several cases of having issues related to KYC which used to turn a thing of surprised to most gamblers that why should that come in when they needed the most a time to perform a specific function on a casino, kyc could be as frustrating as something else whenever it is been required by a casino for user to be verified.
legendary
Activity: 1960
Merit: 1026
Casinos are more likely to tell simple white lies. I'm not looking at that myself. They can always say that things have been misinterpreted by the user or they can end up referring to the terms and conditions, which are basically binding as long as it doesn't conflict with the laws where the casino is located. And platforms and programs are always updated once in a while, I wouldn't stick too much to that.
hero member
Activity: 2590
Merit: 644
I never really cared about all they hype behind Web 3.0 which is why my interest in crypto gambling sites adopting this stuff never really rose though I did check them out now and then, but didn't find any major differences.

What matters more to me when investing in these sites is how reliable they are, no KYC, low house edge, great promotions etc.
That's the main concern for many gamblers but at this time many legit casinos have implemented KYC norms for the players and if we have to continue our gambling journey with them we must have to go through providing details but for small gamblers like us it's not too much complex.And yes promotions are the way of keeping up players interest in the casino and making profits as house have edge always.
^ Because as of now, regulated and KYCed gambling casino is their road to be successful casinos.
It is a part of their growing up to be regulated even if probably they know that this will hurt their users who did not want to pass KYC.
Promotions and good service are the best assets in a gambling casino, once you have these, it is impossible if you cannot attract users and stay in your gambling casino plus another factor would be a reputable one.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
I never really cared about all they hype behind Web 3.0 which is why my interest in crypto gambling sites adopting this stuff never really rose though I did check them out now and then, but didn't find any major differences.

What matters more to me when investing in these sites is how reliable they are, no KYC, low house edge, great promotions etc.
The unfortunate thing still remains that several casinos claiming to the web 3.0 based are nothing but blatant lies, but on the other hand, if you find a casino that is indeed web 3.0 based, that would be extremely wonderful since web 3.0 based platforms doesn't require signing up or registration as well as asking or requesting customers to verify their account.
Web 3.0 casino games are hosted on the blockchain which also means, or should mean that even the casino owners don't have control over the games anymore.

But my question now about web 3.0 based casinos is that, since games are hosted on the blockchain and gamblers only need to connect their wallet and start playing, how does the gamblers get paid if they win.?
full member
Activity: 1834
Merit: 166
I never really cared about all they hype behind Web 3.0 which is why my interest in crypto gambling sites adopting this stuff never really rose though I did check them out now and then, but didn't find any major differences.

What matters more to me when investing in these sites is how reliable they are, no KYC, low house edge, great promotions etc.
That's the main concern for many gamblers but at this time many legit casinos have implemented KYC norms for the players and if we have to continue our gambling journey with them we must have to go through providing details but for small gamblers like us it's not too much complex.And yes promotions are the way of keeping up players interest in the casino and making profits as house have edge always.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Web 3.0 until now still i don't know what is that.
The main point in Web 3.0 is decentralization. So if casino doing KYC, that is like wrong idea. Casino will know our identity.
But on other perspective, i think really hard to make casino without doing KYC.
People will be easy come to gamble and go out... casino don't have any database customer to make them come again.
You don't need to think more about Web 3.0 and it's better to play gambling as usual.
Even though Web 3.0 will be decentralized, if the government wants to put pressure on the casinos, maybe they will still require KYC for their members because we know how much influence and power the government has in this matter.
With the demand for KYC from several casinos, we might experience it too in the future especially if KYC is implemented for all casinos.
But if casinos can really run their business without asking for KYC, it will be a real boon for their members.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
I never really cared about all they hype behind Web 3.0 which is why my interest in crypto gambling sites adopting this stuff never really rose though I did check them out now and then, but didn't find any major differences.

What matters more to me when investing in these sites is how reliable they are, no KYC, low house edge, great promotions etc.
sr. member
Activity: 432
Merit: 250
Febriyana Muhammad
Web 3.0 until now still i don't know what is that.
The main point in Web 3.0 is decentralization. So if casino doing KYC, that is like wrong idea. Casino will know our identity.
But on other perspective, i think really hard to make casino without doing KYC.
People will be easy come to gamble and go out... casino don't have any database customer to make them come again.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
I don't understand why people don't like KYC policy when it is for their safety, as it ensures the user's credibility. This trend must be changed.

Customers may not want to provide full details of their personal information, or they may feel uncomfortable sharing this information with a business they don't trust or don't know well. This is especially true when it comes to financial transactions, where the consequences of identity theft are much more severe. Additionally, some people may be concerned about their privacy or the security of their personal information or they may also be concerned that the information will be used in ways they don't approve. This is especially true in cases where business doesn't have a good reason for requesting personal information. In these situations, customers may feel that their rights are being violated. And I don't think this trend will change as long as there are bad players in the industry who will take advantage of people's personal information.

Many people do not want to give their KYC details because they are tired of being controlled. When I started in the crypto world, I did it with a privacy coin project that seemed to have a lot of future, but they spoiled it with many bad ideas and They treated investors badly, it's a project that died for me, which is still out there surviving as in vegetative life, but when a project dies, there is no remedy, and there I learned that players love their privacy, they love anonymity, and If there is a lot of competition in the casinos, why don't they please that public and give them what they want?


When we do speak about KYC then lots of people or all of people doesnt really like it because of these common reasons;

-They do like on being private or not known
-They dont like that they been monitored
-They dont like for those leaked information
-They dont like for their information to be sold in black market

KYC on this crypto space is highly frowned upon on which  it is really just that much prefer on seeing or dealing up with things which is fully decentralized and KYC-less
but we know that most of todays services are really that bound or subject to regulation or something in correlated.Those platforms who had been using the word web 3 are just deceiving into those
people who do mind off about total decentralization which is something that very bad behavior if you do ask me, if people find out that they are lying then they do know on whats next.
sr. member
Activity: 1092
Merit: 342
Hire Bitcointalk Camp. Manager @ r7promotions.com
I don't understand why people don't like KYC policy when it is for their safety, as it ensures the user's credibility. This trend must be changed.

Customers may not want to provide full details of their personal information, or they may feel uncomfortable sharing this information with a business they don't trust or don't know well. This is especially true when it comes to financial transactions, where the consequences of identity theft are much more severe. Additionally, some people may be concerned about their privacy or the security of their personal information or they may also be concerned that the information will be used in ways they don't approve. This is especially true in cases where business doesn't have a good reason for requesting personal information. In these situations, customers may feel that their rights are being violated. And I don't think this trend will change as long as there are bad players in the industry who will take advantage of people's personal information.

Many people do not want to give their KYC details because they are tired of being controlled. When I started in the crypto world, I did it with a privacy coin project that seemed to have a lot of future, but they spoiled it with many bad ideas and They treated investors badly, it's a project that died for me, which is still out there surviving as in vegetative life, but when a project dies, there is no remedy, and there I learned that players love their privacy, they love anonymity, and If there is a lot of competition in the casinos, why don't they please that public and give them what they want?

hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.
Probably, it’s one way to make people believed that it’s different from others and to attract more users and let them experience by themselves. Although I would say that the operators have research about web3, but so far I have not experienced this yet, and maybe some operators have wanted to adopt it and are still making some preparations to finally realize it in the future.
When we do speak about web 3 casino then it would be particularly meaning into this.

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

Source

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