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Topic: A way to attract new users or a misunderstanding? - page 6. (Read 10206 times)

legendary
Activity: 3276
Merit: 2442
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"
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 1708
Merit: 566
Leading Crypto Sports Betting & Casino Platform
Each gambling site has their own way of operations if you check down their policy well, everything would have been well stated their, we gamblers don't just have this enough time in going through them, now what you find out about a casino is what they are upto, if you think that does not suit your taste you can go in search for another for better experience, we almost complain on things that were caused by our actions not knowing that it's from us the fault started.
That's what we rarely realize, that it's obvious as you said every casino has their own way of operating, but we as users put too much pressure on them for them to be what we want them to be. Reputable casinos have also tried to provide us with comfort when playing, but indeed I see it is a human form when they do good service we want to get even better service. In fact, if you think about it, actually it's not that complicated if we don't have too much will, what makes it complicated is ourselves.
sr. member
Activity: 2296
Merit: 348
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.
You're contradicts yourself, Web 3.0 casino isn't only let anyone to gamble through their non custodial wallet, but they also must not ask anyone KYC, not restrict someone due to blacklisted countries, multiple accounts, VPN usage, and they should be transparent with their total holdings etc.

If the casino only let anyone to gamble through their non custodial wallet and ignore the rest thing, it's just a centralized casino with little improvement.
The pace in which the regulations are being imposed over every sector that involves cryptocurrencies is getting faster day by day, and it's only a matter of time when they will start regulating decentralized platforms as well and that will be a very big matter of concern for the whole cryptocurrency industry if they impose KYC and other regulations over decentralized platforms.

For now, there aren't a lot of decentralized casinos available out there, I only remember seeing one, I don't remember the name but it was announced within this forum and one can easily find it. They allow you to gamble by connecting your wallet and betting directly through it using smart contracts and live transactions.
sr. member
Activity: 938
Merit: 292
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.
I guess it's a part of their marketing strategy to attract many users to their platform. Web 3.0 is the trend now when it's comes to gambling online and one thing that's for most users don't even care to check on these websites claim as they are ignorant of everyother information that is involved in this gambling casinos that claims to be using web 3.0 in their online casino.
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.
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
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.
I guess it's a part of their marketing strategy to attract many users to their platform. Web 3.0 is the trend now when it's comes to gambling online and one thing that's for most users don't even care to check on these websites claim as they are ignorant of everyother information that is involved in this gambling casinos that claims to be using web 3.0 in their online casino.
hero member
Activity: 2730
Merit: 632
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.
Agreed,we generally understand that Web3 is a decentralized ecosystem which built on blockchain technology that offers many advantages to casino users. One of the advantages is that they can hide themselves. If KYC is required any web3 casino platform then it is totally against web3. Those sites are not considered to belong to Web3. However, the online casino may use this word to attract the attention of gamblers and their promotion. Transparency, security and efficiency are the main advantages of Web3 without which it cannot be considered as Web3.
Because of this, gamblers now have to be more careful about joining the casino after seeing any promotional event. Kyc is still a big excuse for casinos to trap gamblers in various ways, so no matter how much they promote web 3.0 they won't remove this kyc for their own benefit. So they will do this marketing to use the trending to reach gamblers faster, but they will not actually create a full web 3.0 casino by removing KYC.

Web 3.0 or not 3.0 does not matter much for compliance and law to be honest. These are completely independent topics because the interface or the programming environment can at most implement better tools or make things more natural, but they do not remove the need to comply with all regulations that are in place in the country of the site.
When running a business and if it does involved huge amounts of money then it is really that impossible that it wont be under on a regulation which we know that this is really that pretty basic if we do speak of.
Its true that whether 3.0 or not it would be still on the same compliance. What matter most on here is that we should really be that be interested on what offerings does a certain website does have.
People doesnt really mind much about KYC if ever they do see a certain site is really good looking and does have good game offerings or somewhat like this.
Attracting users would be that depending on game offerings and overall UI/UX of a site.
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
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.
Agreed,we generally understand that Web3 is a decentralized ecosystem which built on blockchain technology that offers many advantages to casino users. One of the advantages is that they can hide themselves. If KYC is required any web3 casino platform then it is totally against web3. Those sites are not considered to belong to Web3. However, the online casino may use this word to attract the attention of gamblers and their promotion. Transparency, security and efficiency are the main advantages of Web3 without which it cannot be considered as Web3.
Because of this, gamblers now have to be more careful about joining the casino after seeing any promotional event. Kyc is still a big excuse for casinos to trap gamblers in various ways, so no matter how much they promote web 3.0 they won't remove this kyc for their own benefit. So they will do this marketing to use the trending to reach gamblers faster, but they will not actually create a full web 3.0 casino by removing KYC.

Web 3.0 or not 3.0 does not matter much for compliance and law to be honest. These are completely independent topics because the interface or the programming environment can at most implement better tools or make things more natural, but they do not remove the need to comply with all regulations that are in place in the country of the site.
hero member
Activity: 952
Merit: 555
Each gambling site has their own way of operations if you check down their policy well, everything would have been well stated their, we gamblers don't just have this enough time in going through them, now what you find out about a casino is what they are upto, if you think that does not suit your taste you can go in search for another for better experience, we almost complain on things that were caused by our actions not knowing that it's from us the fault started.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
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.
Agreed,we generally understand that Web3 is a decentralized ecosystem which built on blockchain technology that offers many advantages to casino users. One of the advantages is that they can hide themselves. If KYC is required any web3 casino platform then it is totally against web3. Those sites are not considered to belong to Web3. However, the online casino may use this word to attract the attention of gamblers and their promotion. Transparency, security and efficiency are the main advantages of Web3 without which it cannot be considered as Web3.
Because of this, gamblers now have to be more careful about joining the casino after seeing any promotional event. Kyc is still a big excuse for casinos to trap gamblers in various ways, so no matter how much they promote web 3.0 they won't remove this kyc for their own benefit. So they will do this marketing to use the trending to reach gamblers faster, but they will not actually create a full web 3.0 casino by removing KYC.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
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.
That's not a misunderstanding but gambling that uses web 3.0 as marketing indirectly really really uses a web 3.0 system, only now it's possible they are in gradual development to really implement web 3.0
So this isn't a misunderstanding but more a marketing take advantage of the web 3.0 hype
WEB 3.0 is currently popular so many new casinos are taking advantage of it that supports using WEB 3.0 but they still ask their users to complete KYC meaning casinos like this rely solely on the popularity of WEb 3.0 alone not using a decentralized system which is completely KYC free, but as said by OP this may be a bit of a misunderstanding that needs to be straightened out
hero member
Activity: 1498
Merit: 504
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.
That's not a misunderstanding but gambling that uses web 3.0 as marketing indirectly really really uses a web 3.0 system, only now it's possible they are in gradual development to really implement web 3.0
So this isn't a misunderstanding but more a marketing take advantage of the web 3.0 hype
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
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.
Agreed,we generally understand that Web3 is a decentralized ecosystem which built on blockchain technology that offers many advantages to casino users. One of the advantages is that they can hide themselves. If KYC is required any web3 casino platform then it is totally against web3. Those sites are not considered to belong to Web3. However, the online casino may use this word to attract the attention of gamblers and their promotion. Transparency, security and efficiency are the main advantages of Web3 without which it cannot be considered as Web3.
hero member
Activity: 742
Merit: 633
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.
You're contradicts yourself, Web 3.0 casino isn't only let anyone to gamble through their non custodial wallet, but they also must not ask anyone KYC, not restrict someone due to blacklisted countries, multiple accounts, VPN usage, and they should be transparent with their total holdings etc.

If the casino only let anyone to gamble through their non custodial wallet and ignore the rest thing, it's just a centralized casino with little improvement.
hero member
Activity: 3038
Merit: 617
looking at this thread again, I was reminded that every two or three years they always invent something, for example years ago we had the appearance of ICOs, NFTs, there were other things that I can't remember now, and certain casinos took advantage of that , always people deluding themselves, when it was the time of ICOs, some casinos created ICO and raised a lot of money with the promise that the value of your token would be a very high value, but this is all nothing beyond the things that the creators of the casino said for people to believe, deep down the casino owners knew they weren't being very realistic, as a result the casino after some time went bankrupt, I already forgot the names of the casinos that did this

then I saw some casinos with NFT, and again people started to be fooled by the NFT of casinos, some I saw even saw the price going to the moon,, I just think: these guys didn't learn from the past. as if this were not bad enough, then I see casino creating altcoin with promises that people who buy the altcoin from the casino will have many benefits, this is another unrealistic idea, even though it is an unrealistic idea people do not worry about losing money , they buy these altcoins from the casino, now I see web 3.0 another illusion, honestly something illusory always appears, I've even seen things like decentralized casino. I'm wondering what comes next

The casinos that presented themselves to be web3 are the case but I think web3 is possible if there is just a decentralized server and storage like the FIlecoin project. But the ones we have now are more pretentious like those who created NFTs.

Altcoins from casinos will have time in the bull run. That's when it's time to leave those casinos where the investors are also waiting.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
looking at this thread again, I was reminded that every two or three years they always invent something, for example years ago we had the appearance of ICOs, NFTs, there were other things that I can't remember now, and certain casinos took advantage of that , always people deluding themselves, when it was the time of ICOs, some casinos created ICO and raised a lot of money with the promise that the value of your token would be a very high value, but this is all nothing beyond the things that the creators of the casino said for people to believe, deep down the casino owners knew they weren't being very realistic, as a result the casino after some time went bankrupt, I already forgot the names of the casinos that did this

then I saw some casinos with NFT, and again people started to be fooled by the NFT of casinos, some I saw even saw the price going to the moon,, I just think: these guys didn't learn from the past. as if this were not bad enough, then I see casino creating altcoin with promises that people who buy the altcoin from the casino will have many benefits, this is another unrealistic idea, even though it is an unrealistic idea people do not worry about losing money , they buy these altcoins from the casino, now I see web 3.0 another illusion, honestly something illusory always appears, I've even seen things like decentralized casino. I'm wondering what comes next
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
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.
legendary
Activity: 2688
Merit: 1192
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?.

It's better just to ignore these shallow buzzwords as they are meaningless tech garbage usually produced as a means for some new entrepreneur to sell the latest hyped up product to an investor. It appeals to people who want to be at the cutting edge, the latest and greatest, but is often far from an original idea. The internet is always evolving, new ideas pop up, decentralization takes a step forward, web standards improve, security is enhanced - it's all incremental rather than these huge leaps that such a phrase would suggest. You might also have hundreds, thousands, even millions of people out there who would all give different definitions of what they think it means, which in reality makes it a pointless term to use.
legendary
Activity: 2044
Merit: 1075
Leading Crypto Sports Betting & Casino Platform
Web3 or not, we are still that needing to have that KYc considering that there's no such thing about decentralized or whatsoever except into those sites who do run off blockchain-based type of games.
If a certain site do run off with having providers and other common games that we do have today then it cant really be just that possible.If ever there's some web3 then for sure it would really be
that getting that attention and recognition but making use of this word but doesnt really show off then it would really be just living out that kind of impression which would really be ending up
negatively and if you do ran off a business to be on this way then you would definitely get criticisms instead on getting some users to stay on the site.
Decentralization is real and I think the blockchain based game you are talking about is an example of it. The original web3 is supposed to be decentralized too, can't you see how they operate? It was very identical to a decentralized site/gambling site where we can just connect our wallet and then we can now use the site.

Maybe there are just fake web3 sites out there and they are the ones who ask for a KYC to their customers. Now that we are aware of this possibility. let us always make it a habit to read and ask before we play if we are not a fan of this KYC thing or else we will abandon our money and gambling accounts in no time.
hero member
Activity: 3010
Merit: 629
We still have some web 3 projects that are truly answering to their name and giving their players the absolute privacy they seek from such projects, but in every good development, there are always a bad eggs which are the ones spoiling the efforts of others.
It is nothing new really, when altcoins began to appear and scammers saw that the developers behind those coins were earning a lot of money they decided to do the same and now we have the market flooded with  those useless coins, the same happened with exchanges, NFTs, decentralized exchanges and all kind of businesses which emerged out of this market, and I do not see why casinos could not suffer the same fate.
That's right. They're just following the trend and what can benefited them. So even it means fooling their clients just to attract them to use their platform, they will do it for their business even it is unethical.

The reason why it's important for us to do our research before using the platform. It would be better to know their rules beforehand to avoid problems. Verify if it's really true that they're a web 3 platform or just using the term to lure the people.
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