I don't think the gambling site that claimed to be a web 3.0 gambling website misunderstands the concept of Web 3.0. I believe they only apply web 3.0 just to gain more traffic while they only focus on the cryptocurrency and individual non-custodial wallet use on their platform while they ignore the control of personal data and decentralization.
Any company tries to show a little more about their company in their marketing to get traffic. Use the trending news to attract gamblers to what is currently trending in the market. Nowadays, many casinos claim that their websites are Web 3:0, but in reality they are not completely sure of their claims. So it falls into misrepresentation to register gamblers in any casino by marketing with false claims.
So Web3.0 is just another buzzword for the companies to promote their businesses. Few years ago it was "the blockchain" and now it is something else. Back then, the Nasdaq companies were adding blockchain to their business and they were getting pumped immediately. Let's say it was a transportation company and they said "We are now transporting your stuff on a blockchain!!!" boom its stock went up by 20% 30%. Before that ICO was the hot stuff. NFT's went hot for a while too but they died recently so WEB3.0 is where we are at now. "You should invest in this shit mate it has Web3.0 in it. lambo moon soon"
Web 3 is not something new. We may have just recently learned about this but it has been revolving around us in the early 2000s. To be honest I find web 3.0 amazing and at the same time terrifying. Imagine, the web knows your personal preferences because of the history you've made in the internet. I mean it's the same with Web 3.0 casinos, because generally they are part of the web 3.0 as well. Web 3.0 technologies can use data analytics and algorithms to analyze user behavior and preferences and provide personalized recommendations and services. For example, an application might analyze a user's browsing history, search queries and social media activity to provide personalized content and recommendations. Everything can be found.
The web 3.0 casino takes advantage of the features and benefits of Web 3.0 like the enhanced security, transparency, and decentralization, to provide a more secure, fair and user-friendly online gambling platform. To be honest, I thought I was mistaken that these two, web 3.0 and web 3.0 are related.
Nowadays web 3.0 gaming platforms have undergone massive changes. Gamblers are heavily attracted to this Web 3.0 to keep themselves safe and gain new gambling experiences. And gambling companies are also using the name Web 3.0 to attract gamblers. Each person will adopt a different approach to marketing strategy. Everyone has full freedom. But if anyone tries to cheat them by using this name it will be considered a crime. A gambler will not choose a new gambling platform just by looking at advertisements. He must check the reviews of various sites about that platform. But such efforts are not unusual. I don't think anything other than a marketing strategy.
There aren't a lot of Web 3.0 casinos available out there, maybe one or a couple that I've seen are actually decentralized, and using Web 3.0, providing gamblers the option to connect their wallets without having to register or do anything else. I don't remember the name of the casino offering this but it is available here in the forum.
It is true that most of the projects only use the name to get free advertisement since Web 3.0 is one of the trending topics these days, and people are always looking for places where they can witness Web 3.0 being utilized.
Right. Using web 3.0 is a great way for marketing. Aside from the fact that it offers decentralization and transparency, Web 3.0 casino are already aware of their targeted users. I read it here:
https://cryptogamble.tips/metaverse/web-3-0-and-casinos/Web 3.0 casino demographics or users by analyzing their behavior and creating targeted advertising campaigns that are more likely to resonate with that user. If you're actively liking or staying in posts related to web 3.0 casinos, you're more likely to encounter these kinds of advertisements.
But I agree with you that there are lots who just uses the name for free marketing. There are currently not as many Web 3.0 casinos available compared to traditional online casinos. By faking their marketing Web 3.0 casinos, traditional online casinos are just trying to attract users who are interested in the Web 3.0 casino features, even if their platform doesn't actually offer them.