Topic: A way to attract new users or a misunderstanding? - page 18. (Read 10206 times)
these scammers or some people who want to steal money from people or even want to run a casino business but are lazy use things they find popular in the market to be able to create a casino that attracts many customers because most people just listen to something like web3 casino .0 are already thinking of something super good, but they don't even research what the hell is web 3.0, and what does this casino have to do with web 3.0? they only worry about rushing to invest in the casino and then lose money
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?.
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?.
Web3 is certainly a buzzword and a trend right now, but you are correct in pointing out that many gaming platforms may simply be using web3 as an opportunity to get even more attention. But practice shows that you always need to double-check everything and trust only your eyes and knowledge. In any case, the use of web3 is one of the best innovations that brings more new opportunities to the community and the market.
The former one is right as they introduce themselves on the web3 grounds attracting more users to them and once you deposit your money you find out the same KYC norms so it's better to play in legit casinos rather then rushing to them as they also operates on the central chain so no decentralisation concept in them as well.
If the aim is for security then it's fine in my opinion, but if it goes out of the norm then, switch to gambling playing at official casinos because that will make you comfortable especially, and one more thing, be loyal to the casino you are playing at at this time , because it is your comfort, when playing ..
Could be just another marketing ploy. There's this idea in the business and market that whenever someone has some unknown words to market with, they're using it to make it look more interesting.
And whoever uses them would get to have that great idea for being one of it. It's really a good way to attract new users because it seems cool when you're with a buzz word and using it.
And whoever uses them would get to have that great idea for being one of it. It's really a good way to attract new users because it seems cool when you're with a buzz word and using it.
The former one is right as they introduce themselves on the web3 grounds attracting more users to them and once you deposit your money you find out the same KYC norms so it's better to play in legit casinos rather then rushing to them as they also operates on the central chain so no decentralisation concept in them as well.
As far as I know, Web 3 doesn't really focus on decentralization and KYC information but rather it is just an upgrade or a better web from the previous one which is web 2. It's great to know that a casino has made an update on their platform in integrating Web 3 but it doesn't really affect much to us users much other than having an up-to-date platform. Also, since it isn't connected to decentralization and KYC or your personal information then it won't change if the platform has requested it in the first place. -cut-
TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
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Yeah, technically they do exist, but just don't expect any help from the police when a casino that is out of reach of your regulatory jurisdiction decides to do exit scam or just steal your money based on some made up excuse. When they don't need to follow AML laws, you can imagine how much they are bounded by other laws. Basically they need only to follow the rules of the country they are based on.TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
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So you're one of those people who prefer regulation and government help in case it goes wrong vs lack of regulations and no help. I'm on the other side of this barricade. I always thought that the less government involvement there is the better, but I'm also a person who would rather protect himself and his family and bear all the consequences if it fails, than be disarmed and rely on the help of government institutions.
IMO there should be no KYC at all and if you're stupid enough to trust a third party with your money you should be ready to lose these money.
I've looked for a list of WEB.30 casinos and I found this list
https://bitcolumnist.com/casinos/top-web3-gambling-sites/ surprisingly some of the top casinos are on the list like Sportbet.io Stake and Fortunejack we have a good number of top casinos in Web 3.0 is the author right in evaluating them as Web 3.0 casinos as far as I know casinos on Web 3.0 are decentralized and you are linking your wallet for total anonymity and you are right that they should not ask for KYC, but it's really hard to be anonymous in the gambling industry where there is strong regulation.
https://bitcolumnist.com/casinos/top-web3-gambling-sites/ surprisingly some of the top casinos are on the list like Sportbet.io Stake and Fortunejack we have a good number of top casinos in Web 3.0 is the author right in evaluating them as Web 3.0 casinos as far as I know casinos on Web 3.0 are decentralized and you are linking your wallet for total anonymity and you are right that they should not ask for KYC, but it's really hard to be anonymous in the gambling industry where there is strong regulation.
No, a platform that is on the Web 3.0 does not need to be decentralized. Why? Because Web 3.0 is just an upgrade of web 2.0 where in :
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Web 2.0
Web 2.0, also known as the second generation of the web, is the prevalent web of our era that emerged in 2004 and is still thriving. It is considered the read-write web that facilitates user interaction, which is a massive improvement over the one-way communication that Web 1.0 allowed. It enables websites to produce user-generated content, enhancing usability and interoperability for end-users, thus, making it the participative social web it is.
Web 2.0, also known as the second generation of the web, is the prevalent web of our era that emerged in 2004 and is still thriving. It is considered the read-write web that facilitates user interaction, which is a massive improvement over the one-way communication that Web 1.0 allowed. It enables websites to produce user-generated content, enhancing usability and interoperability for end-users, thus, making it the participative social web it is.
While web 3.0 is
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Web 3.0
Comprehended as the next generation of the web, web 3.0 is the executable web or read-write-execute version of the web. It is also known as semantic web and is an extension of the World Wide Web that uses standards set by the World Wide Web Consortium (W3C). It aims to make the Internet smarter by handling information with human-like intelligence using artificial intelligence systems.
Comprehended as the next generation of the web, web 3.0 is the executable web or read-write-execute version of the web. It is also known as semantic web and is an extension of the World Wide Web that uses standards set by the World Wide Web Consortium (W3C). It aims to make the Internet smarter by handling information with human-like intelligence using artificial intelligence systems.
If you are talking about decentralization then you are not talking about web 3.0 but web3 that is created by the Ethereum co-founder Gavin Wood in 2014. Take note: WEB 3.0 is different from WEB3.
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Web3 is a decentralized and open web based on blockchain technology. Coined by the Ethereum co-founder Gavin Wood in 2014, the fundamental idea behind web3 is to create a decentralized version of the Internet by removing the dominance of the centralized power of web 2.0 giants like Amazon and Facebook and giving the control back to users.
Web3 hopes to reclaim data ownership from web2 giants and return it to users using blockchain technology, decentralized storage, and self-sovereign identity in a community-driven environment. Users will have the final say regarding who can access what data.
This has been made possible by cryptocurrency wallets like MetaMask, Venly, or TrustWallet, where users store keys to all of their data and identities. They may engage with other blockchain apps in this way and control who has access to their data. Using a crypto wallet to log in to other apps is similar to using a Facebook account, except that all your data is yours to keep and manage.
Web3 hopes to reclaim data ownership from web2 giants and return it to users using blockchain technology, decentralized storage, and self-sovereign identity in a community-driven environment. Users will have the final say regarding who can access what data.
This has been made possible by cryptocurrency wallets like MetaMask, Venly, or TrustWallet, where users store keys to all of their data and identities. They may engage with other blockchain apps in this way and control who has access to their data. Using a crypto wallet to log in to other apps is similar to using a Facebook account, except that all your data is yours to keep and manage.
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I do not think that the list given in this site use web3 rather I think it uses web 3.0. If you are looking for websites that use web3 then you can check this link and see the differenceSo don't get surprised if we see casinos that is running in Web 3.0 asking for KYC or being centralized.
Source:
https://www.leewayhertz.com/web3-vs-web3-0/#:~:text=keep%20and%20manage.-,Difference%20between%20web3%20and%20web%203.0,data%20and%20identity%20to%20users.
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TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
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Yeah, technically they do exist, but just don't expect any help from the police when a casino that is out of reach of your regulatory jurisdiction decides to do exit scam or just steal your money based on some made up excuse. When they don't need to follow AML laws, you can imagine how much they are bounded by other laws. Basically they need only to follow the rules of the country they are based on.TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
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If the site mislead the gamblers in the first place then that is a red flag and you should get out of that site right away because for sure, KYC will still be asked later on. Claiming to be a web 3.0 project is quiet an overhyped and an obvious attempt to attract gamblers by giving out false information. This is not a misunderstanding for sure, they are doing this intentionally, any new site doing things like this?
their terms and conditions then it is really just almost the same just like on other platforms where they would be imposing that they would be always having the rights on asking it out
whenever or whatever they want.It is really stated most of the time and on the moment that you do ask for some proofs then it is all written on there and it is really just
we had really be able to missed those things.For now that we are seeing having that web3 hype then it wont be surprising that there are ones who would really make use of this
word and trying out to take advantage to lure in those fellas who doesnt really have any idea on what it is in the first place.
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?.
You made me laugh after reading your lamentations which are actually pointless in the frank sense. Web 3.0 should have been nothing to use but for marketing gimmicks that their site is more advanced and equipped with the third generation web technology, nothing more than that. Certainly, this should not exonerate anyone from not dulling filling in and providing the necessary KYC information and documents.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?.
What do personal information and web security have to do with each other?
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?.
As what others already pointed out, clearly it's just their way to attract gamblers to lure them out to play on their casino. Then you'll only find out the real deal once you're slap to comply for kyc due to your huge winnings. So if you gamble online always expect the possibility to be asked for kyc because it's already common for a regulated platforms. Anyway can you name these "some" casinos claiming to be web 3 yet asking for kyc?And that's how risky it is for connecting the wallet directly to the casino since provably there are crazy people will take advantage on it and try to scam whales by creating fake casino. That's why sometimes I don't like this idea abd we need to be more careful since in the end we are the one who will suffer for the risk we go thru if we miss calculate the wrong doings about such things done by the hackers.
Web3 based Casinos don't necessarily imply decentralisation. Some web3 Casino are centralised and been centralised KYC verification get involved. The advantage web3 casinos has over the regular casino is the ability to link wallet addresses as deposit and withdrawal. KYC is needed to limit money laundering and terrorist financing
It's mean you're not understand anything about Web 3.0 and just shitposting in order to fill your quota requirement.Defining Features of Web 3.0
Though there is as yet no standardized definition of Web 3.0, it does have a few defining features:
Decentralization: This is a core tenet of Web 3.0. In Web 2.0, computers use HTTP in the form of unique web addresses to find information, which is stored at a fixed location, generally on a single server. With Web 3.0, because information would be found based on its content, it could be stored in multiple locations simultaneously and hence be decentralized. This would break down the massive databases currently held by internet giants like Meta and Google and would hand greater control to users.
With Web 3.0, the data generated by disparate and increasingly powerful computing resources, including mobile phones, desktops, appliances, vehicles, and sensors, will be sold by users through decentralized data networks, ensuring that users retain ownership control.
Trustless and permissionless: In addition to decentralization and being based upon open source software, Web 3.0 will also be trustless (i.e., the network will allow participants to interact directly without going through a trusted intermediary) and permissionless (meaning that anyone can participate without authorization from a governing body). As a result, Web 3.0 applications will run on blockchains or decentralized peer-to-peer networks, or a combination thereof—such decentralized apps are referred to as dApps.
Artificial intelligence (AI) and machine learning: In Web 3.0, computers will be able to understand information similarly to humans, through technologies based upon Semantic Web concepts and natural language processing. Web 3.0 will also use machine learning, which is a branch of artificial intelligence (AI) that uses data and algorithms to imitate how humans learn, gradually improving its accuracy. These capabilities will enable computers to produce faster and more relevant results in a host of areas like drug development and new materials, as opposed to merely targeted advertising that forms the bulk of current efforts.
Connectivity and ubiquity: With Web 3.0, information and content are more connected and ubiquitous, accessed by multiple applications and with an increasing number of everyday devices connected to the web—one example of which is the Internet of Things.
Though there is as yet no standardized definition of Web 3.0, it does have a few defining features:
Decentralization: This is a core tenet of Web 3.0. In Web 2.0, computers use HTTP in the form of unique web addresses to find information, which is stored at a fixed location, generally on a single server. With Web 3.0, because information would be found based on its content, it could be stored in multiple locations simultaneously and hence be decentralized. This would break down the massive databases currently held by internet giants like Meta and Google and would hand greater control to users.
With Web 3.0, the data generated by disparate and increasingly powerful computing resources, including mobile phones, desktops, appliances, vehicles, and sensors, will be sold by users through decentralized data networks, ensuring that users retain ownership control.
Trustless and permissionless: In addition to decentralization and being based upon open source software, Web 3.0 will also be trustless (i.e., the network will allow participants to interact directly without going through a trusted intermediary) and permissionless (meaning that anyone can participate without authorization from a governing body). As a result, Web 3.0 applications will run on blockchains or decentralized peer-to-peer networks, or a combination thereof—such decentralized apps are referred to as dApps.
Artificial intelligence (AI) and machine learning: In Web 3.0, computers will be able to understand information similarly to humans, through technologies based upon Semantic Web concepts and natural language processing. Web 3.0 will also use machine learning, which is a branch of artificial intelligence (AI) that uses data and algorithms to imitate how humans learn, gradually improving its accuracy. These capabilities will enable computers to produce faster and more relevant results in a host of areas like drug development and new materials, as opposed to merely targeted advertising that forms the bulk of current efforts.
Connectivity and ubiquity: With Web 3.0, information and content are more connected and ubiquitous, accessed by multiple applications and with an increasing number of everyday devices connected to the web—one example of which is the Internet of Things.
You need to open your eyes and read this, it's already written if Web 3.0 will offer decentralization. It's not because some Web 3.0 casino is centralized it mean the Web 3.0 integration is centralized, this is why the @OP create this thread to discuss if those casino are misleading. KYC isn't a appropriate solution to fight against money laundering and terrorist, the fraudster can just use someone identity or using fake KYC.
The former one is right as they introduce themselves on the web3 grounds attracting more users to them and once you deposit your money you find out the same KYC norms so it's better to play in legit casinos rather then rushing to them as they also operates on the central chain so no decentralisation concept in them as well.
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TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
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Yeah, technically they do exist, but just don't expect any help from the police when a casino that is out of reach of your regulatory jurisdiction decides to do exit scam or just steal your money based on some made up excuse. When they don't need to follow AML laws, you can imagine how much they are bounded by other laws. Basically they need only to follow the rules of the country they are based on.TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
-cut-
If the site mislead the gamblers in the first place then that is a red flag and you should get out of that site right away because for sure, KYC will still be asked later on. Claiming to be a web 3.0 project is quiet an overhyped and an obvious attempt to attract gamblers by giving out false information. This is not a misunderstanding for sure, they are doing this intentionally, any new site doing things like this?
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?.
As what others already pointed out, clearly it's just their way to attract gamblers to lure them out to play on their casino. Then you'll only find out the real deal once you're slap to comply for kyc due to your huge winnings. So if you gamble online always expect the possibility to be asked for kyc because it's already common for a regulated platforms. Anyway can you name these "some" casinos claiming to be web 3 yet asking for kyc?
-cut-
TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
-cut-
Yeah, technically they do exist, but just don't expect any help from the police when a casino that is out of reach of your regulatory jurisdiction decides to do exit scam or just steal your money based on some made up excuse. When they don't need to follow AML laws, you can imagine how much they are bounded by other laws. Basically they need only to follow the rules of the country they are based on. TrustDice team here. We'd love to say non-KYC-upon-registration casinos do exist, and we are proud to be one! Our crypto philosophy is deeply rooted in blockchain, so we absolutely understand crypto users' concerns over privacy since we, too, are crypto users.
-cut-
Don't know if any serious business can do such cheap tricks to gain business and gamblers in this case. Marketing which is based on the false statement is not long lasting and sooner and later the people will realize it and it will bring more bad name to the gambling casino.
I am fed up seeing casinos with marketing stunts like it is a defi caisno, it is a web 3 casino , it is an NFT based casino and so on and on. Casino has no link to these terms but they just use these hype because they are trending in the market.
Not really, you can see there's a casino with Web 3.0 integration that has decent reputation in this forum. There's few users already explain about the misunderstanding of Web 3.0 but no one hear or don't care about it. There's also many casinos have a promotion about no KYC, but when someone win big, the casino will ask the winner to submit KYC lol. Those misleading casino should get negative feedback to be honest, but many users think it's harsh since they're not scam anyone.I am fed up seeing casinos with marketing stunts like it is a defi caisno, it is a web 3 casino , it is an NFT based casino and so on and on. Casino has no link to these terms but they just use these hype because they are trending in the market.
And yet, the procedure itself does not have a normal standard of passage. Either they require a photo with a date, or documents next to your face. In general - you present a photo of the receipt for payment of utility bills. And the document, Brad is some kind of mockery of a person.
The variability of KYC is a disgusting thing, why is there still no generally accepted standard?
Don't know if any serious business can do such cheap tricks to gain business and gamblers in this case. Marketing which is based on the false statement is not long lasting and sooner and later the people will realize it and it will bring more bad name to the gambling casino.
I am fed up seeing casinos with marketing stunts like it is a defi caisno, it is a web 3 casino , it is an NFT based casino and so on and on. Casino has no link to these terms but they just use these hype because they are trending in the market.
Not really, you can see there's a casino with Web 3.0 integration that has decent reputation in this forum. There's few users already explain about the misunderstanding of Web 3.0 but no one hear or don't care about it. There's also many casinos have a promotion about no KYC, but when someone win big, the casino will ask the winner to submit KYC lol. Those misleading casino should get negative feedback to be honest, but many users think it's harsh since they're not scam anyone. I am fed up seeing casinos with marketing stunts like it is a defi caisno, it is a web 3 casino , it is an NFT based casino and so on and on. Casino has no link to these terms but they just use these hype because they are trending in the market.
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?.
As what others already pointed out, clearly it's just their way to attract gamblers to lure them out to play on their casino. Then you'll only find out the real deal once you're slap to comply for kyc due to your huge winnings. So if you gamble online always expect the possibility to be asked for kyc because it's already common for a regulated platforms. Anyway can you name these "some" casinos claiming to be web 3 yet asking for kyc?
We know very well that it's simply a way like any other to attract an audience to their activities.
many of these sites know very well that with the current laws they cannot operate by proposing a site without KYC and licenses, therefore they choose these marketing expedients. Maybe they have some * on their promo?!?
considering that bitcoin and other cryptocurrencies provide a level of "pseudo" anonymity such an activity is always borderline
Correct, while most of the time I do not mind a business trying to ride the wave and doing the best they can do to attract customers, I do mind when they do this based on lies and by taking advantage of the ignorance of their clients.many of these sites know very well that with the current laws they cannot operate by proposing a site without KYC and licenses, therefore they choose these marketing expedients. Maybe they have some * on their promo?!?
considering that bitcoin and other cryptocurrencies provide a level of "pseudo" anonymity such an activity is always borderline
Web3 has become nothing but a buzzword to try to make a project to be part of this new hype, but which at the end it does no present the decentralization they claim, similar to what we see on any list of the top 10 coins in this market in which the majority of those coins are not decentralized either.
Don't know if any serious business can do such cheap tricks to gain business and gamblers in this case. Marketing which is based on the false statement is not long lasting and sooner and later the people will realize it and it will bring more bad name to the gambling casino.
I am fed up seeing casinos with marketing stunts like it is a defi caisno, it is a web 3 casino , it is an NFT based casino and so on and on. Casino has no link to these terms but they just use these hype because they are trending in the market.
We know very well that it's simply a way like any other to attract an audience to their activities.
many of these sites know very well that with the current laws they cannot operate by proposing a site without KYC and licenses, therefore they choose these marketing expedients. Maybe they have some * on their promo?!?
considering that bitcoin and other cryptocurrencies provide a level of "pseudo" anonymity such an activity is always borderline
Correct, while most of the time I do not mind a business trying to ride the wave and doing the best they can do to attract customers, I do mind when they do this based on lies and by taking advantage of the ignorance of their clients.many of these sites know very well that with the current laws they cannot operate by proposing a site without KYC and licenses, therefore they choose these marketing expedients. Maybe they have some * on their promo?!?
considering that bitcoin and other cryptocurrencies provide a level of "pseudo" anonymity such an activity is always borderline
Web3 has become nothing but a buzzword to try to make a project to be part of this new hype, but which at the end it does no present the decentralization they claim, similar to what we see on any list of the top 10 coins in this market in which the majority of those coins are not decentralized either.
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