About Online casino/gambling projects

Lucasgabd

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There's no need to be upset

Quote from: Vaskiy on October 13, 2022, 12:41:48 AM

During the previous bull market of 2017-18 more number of gambling tokens came into existence. The major use was to be used on their own gambling sites. Apart from the usage on gambling sites these are mere tokens. Very few of those tokens are still in the market and are being used.

With gambling sites development, we can see a good number of cryptocurrency accepted gambling sites into usage for a long time period. More platforms gained good reputation and at their peak ended their service for various reasons. However the cryptocurrency accepted gambling sites usage and development keeps growing with time.

it's normal to have more businesses opening during bull markets
those with weak business models or that don't plan ahead well for difficult times will usually close when things turn south (markets turn bear)

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: aioc on October 13, 2022, 12:47:26 AM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

Also what are the things that kill such project because even one or two survived for a long I don't see many alive till now, they fail easily or turn into scam later.

They cannot keep up with the competition because there are many new casinos coming up offering better features better than other casinos, gamblers are always on the look for better casinos and the casino that can give them good features and treat them well are what gamblers are supporting.

And we have found many casinos that have provided excellent service to their members, which is what makes these casinos still able to survive now. This is no other than because what they give to their members is very meaningful and can make their members come back to play gambling. Good features and satisfying service are something that these casinos should pay attention to, especially if they want to be a casino that is trusted and recommended by gamblers. It is not easy to achieve that but it is a continuous effort to help the casinos achieve it in the future.

aioc

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

You can check the site's registration to see how old the domain is by using https://www.whois.com/whois/ and to check the site history you can use https://web.archive.org/

Quote

Also what are the things that kill such project because even one or two survived for a long I don't see many alive till now, they fail easily or turn into scam later.

They cannot keep up with the competition because there are many new casinos coming up offering better features better than other casinos, gamblers are always on the look for better casinos and the casino that can give them good features and treat them well are what gamblers are supporting.

Vaskiy

legendary

Activity: 2646

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DGbet.fun - Crypto Sportsbook

During the previous bull market of 2017-18 more number of gambling tokens came into existence. The major use was to be used on their own gambling sites. Apart from the usage on gambling sites these are mere tokens. Very few of those tokens are still in the market and are being used.

With gambling sites development, we can see a good number of cryptocurrency accepted gambling sites into usage for a long time period. More platforms gained good reputation and at their peak ended their service for various reasons. However the cryptocurrency accepted gambling sites usage and development keeps growing with time.

chaser15

legendary

Activity: 2688

Merit: 1065

Undeads.com - P2E Runner Game

Quote from: bitcampaign on October 12, 2022, 12:57:54 PM

there are some gambling sites that still survive like primedice even though I have never played there but I often see them always actively promoting on this forum, sometimes many casino and gambling sites fail and close due to lack of promotions and campaigns, as we can see those who actively carry out promotions and campaigns are more persistent than those who do not, at least always provide casino and gambling project developments every time so that gamblers feel more comfortable playing there

In the first place, survival is not the best term since Primedice still actively operating since the days of its inception.

When we say survive, it should experience the worst on the way but I never encounter any issues before that Primedice faces that kind of experience.

They even born a partner site in the name of Stake which is now becoming more popular all over the world.

bitcampaign

sr. member

Activity: 1918

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20BET - Premium Casino & Sportsbook

there are some gambling sites that still survive like primedice even though I have never played there but I often see them always actively promoting on this forum, sometimes many casino and gambling sites fail and close due to lack of promotions and campaigns, as we can see those who actively carry out promotions and campaigns are more persistent than those who do not, at least always provide casino and gambling project developments every time so that gamblers feel more comfortable playing there

Lucasgabd

legendary

Activity: 2506

Merit: 1113

There's no need to be upset

Quote from: Wexnident on October 06, 2022, 08:15:37 PM

There are a lot of projects that have lasted pretty long (though the same can be said to the ones that were lost), heck some of the new ones can even compete imo with the older ones, so it's really just a matter of finding one that could actually last and you're willing to invest on. Crypto casinos are pretty much just like any other casino so anything that kills casinos would basically kill an online casino as well. Put importance on customer support and answering user queries, try to solidify that part before trying to put out bonuses, events, etc., so that it can last for a long time.

if there's something easy to ruin and hard to build up it's reputation
it's good that some businesses are doing it quite well, duelbites and roobets are two of them, in my opinion
but there are many others
just better to stay away from shady projects.

robelneo

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Merit: 1225

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Yes, we have casinos that have been around for twenty years long before Cryptocurrency casinos have around and they integrate Cryptocurrency into their system, one of them is the industry giant Stake.com when Cryptocurrency becomes popular in casinos many casinos come out and they are still around, the Crypto casino industry is doing great and one of the most stabilize industry.

There are some casinos that folded up but they just rebrand or the group set up a casino to relaunch to adapt to the market, some casino becomes scammers but it expected to have bad actors in this kind of industry.

Rengga Jati

hero member

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royalstarscasino.com

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Actually if you are analyzing the gambling projects in this forum, moroever in Gambling Board, you will find several old gambling projects that still exitesd. Although they may stop doing the signature campaign in this forum, it doesn't mean that their operation is also ended.
How old gambling projects will survive although there are so many new gambling projects because they really deserve this. They commonly have goo supports, security systems, great display and games that make the suers comfortable being in the platform, good reputation and also trust for every user without anybig issues that is not solved.

TimeTeller

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Activity: 2744

Merit: 588

Quote from: Fatunad on October 08, 2022, 03:59:09 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

What kills a certain old reputable gambling site or platform?

1. Withdrawal issues
2. Shady results or simply talks about fairness
3. Altering their terms and conditions

As long on anything that do really touch up trust issues or simply breaking one of the most important thing then this is where bad impression starts.
Community is really that highly reactive when it comes to this manner.If they do saw somethings off or not usual then expect on what
would be the upcoming words or sentiments to be thrown out.

If they won't resolve their existing problems, gamblers will start to doubt the reputation of the site.
But I have seen one old casino here, with frequent problem of withdrawal issues, delayed payment and slow response from the owners.
And yet, they are still up and running. If you are long enough in the forum, you may know which casino I am talking about.
But most of the time, if the casino starts giving issues with withdrawals, people start to avoid using such casino.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

What kills a certain old reputable gambling site or platform?

1. Withdrawal issues
2. Shady results or simply talks about fairness
3. Altering their terms and conditions

As long on anything that do really touch up trust issues or simply breaking one of the most important thing then this is where bad impression starts.
Community is really that highly reactive when it comes to this manner.If they do saw somethings off or not usual then expect on what
would be the upcoming words or sentiments to be thrown out.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Cling18 on October 08, 2022, 12:17:54 PM

Lots of casino sites have started as small projects but developed and turned into big casino sites in time. Yes, they have been running for a long time and still working until now. It took a lot of courage for them to build up a strong reputation to maintain and keep their site running.

It's no joke on how they've built their brand and reputation. It took them a lot of them until they're able to be noticed and trusted by most of the gamblers that they have.

Quote from: Cling18 on October 08, 2022, 12:17:54 PM

Most top casino sites nowadays have been running for a long time already.

Yes and one thing that I have seen with them is that they've become consistent. And it's all about how they've given the best that their gamblers wanna have through the typical features like deposits, withdrawals and some giveaways.

ralle14

legendary

Activity: 3374

Merit: 1922

Shuffle.com

Quote from: Reatim on October 06, 2022, 09:25:17 PM

Bonuses are just part of the luring process but the main case is the support and the withdrawals , without those 2 any other casino businesses online will die for sure like what we mostly see here as they are tagged as scam projects.

I agree support is so important because fast responses are needed whenever there's an issue between their customers and the same goes here in the forum side. Thankfully though most casinos process their withdrawals automatically and usually it only gets delayed for certain reasons(security flag, maintenance, etc).

Quote from: Lucasgabd on October 06, 2022, 08:08:51 AM

but running an online casino is an expensive operation?
besides security, paying employees and having some bankroll what are the other huge costs?

I'd also include the license of the casino as some of them have different licenses aside from the usual Curacao one.

Cling18

full member

Activity: 1708

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Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Lots of casino sites have started as small projects but developed and turned into big casino sites in time. Yes, they have been running for a long time and still working until now. It took a lot of courage for them to build up a strong reputation to maintain and keep their site running. Most top casino sites nowadays have been running for a long time already.

dimonstration

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Dimon69

Quote from: Strongkored on October 06, 2022, 10:09:37 PM

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Many have survived for a long time and they continue to grow into big casinos, profit and can make collaborations with big sports clubs and outside this forum there must also be.
Survive or not the casino you want to build really depends on your abilities and intentions, many online casinos that appear are just to cheat and or be a scam because they don't have the ability to develop it and to get a profit, also your capital greatly affect the development.

I think he mean startup casino with utility tokens and not old casino that start from scratch because there is only few startup casino that I know that still survive on crypto space except those new web 3 casino like Betfury and Owl whose currently top of this type of casino but the rest who start this project idea during 2017 like edgeless, vslice and crypto casino startup with utility tokens already die or not that active anymore.

So I would assume only few survive and not that many if we consider those old projects way back then and not the new generation casino with utility tokens because they need to experience long crypto winter too before we can conclude.

jostorres

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Quote from: crwth on October 06, 2022, 08:23:24 AM

There are a lot of online gambling crypto websites that have been existing for a long time now, and a lot of members have already mentioned it in their posts. I don’t know what you mean by you don’t see projects that have survived because there is a lot.

Maybe what he mean are gambling sites which came out in the early days of crypto. There are lots of them when we backread the pages of our gambling section but many of them are not active anymore. I think that's because they are on chain type of gambling and people find it not really secure because they will just deposit on one address and the rest will be done automatically not like to the gambling sites nowadays where we have our own separate deposit address and we can be able to withdraw our funds manually.

Quote from: crwth on October 06, 2022, 08:23:24 AM

None of the trusted casinos have been scammed, but there are issues, of course, but they can be resolved for sure. Just look at members signatures. There are a lot.

A trusted casino remains trusted until they commit a scam. There are cases like that on the past. We must stay vigilant at all times and watch out for the signs to prevent them.

Strongkored

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Leading Crypto Sports Betting & Casino Platform

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

Many have survived for a long time and they continue to grow into big casinos, profit and can make collaborations with big sports clubs and outside this forum there must also be.
Survive or not the casino you want to build really depends on your abilities and intentions, many online casinos that appear are just to cheat and or be a scam because they don't have the ability to develop it and to get a profit, also your capital greatly affect the development.

Reatim

sr. member

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Eloncoin.org - Mars, here we come!

Quote from: Wexnident on October 06, 2022, 08:15:37 PM

There are a lot of projects that have lasted pretty long (though the same can be said to the ones that were lost), heck some of the new ones can even compete imo with the older ones, so it's really just a matter of finding one that could actually last and you're willing to invest on. Crypto casinos are pretty much just like any other casino so anything that kills casinos would basically kill an online casino as well. Put importance on customer support and answering user queries, try to solidify that part before trying to put out bonuses, events, etc., so that it can last for a long time.

Bonuses are just part of the luring process but the main case is the support and the withdrawals , without those 2 any other casino businesses online will die for sure like what we mostly see here as they are tagged as scam projects.
I hate to see them losing but without proper support and the delays from withdrawals? surely it will end in bad ways.
have been playing for years , also had experiences in withdrawal delays but lucky that those site I played are really trustworthy and bring their words into reality so finding those is hard nowadays so better keep an eye on those areas.

wxa7115

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Bitcoin is GOD

Quote from: KiaKia on September 26, 2022, 12:18:36 PM

I am starting to have this crazy interest in crypto gambling projects like online casinos and stuff but I want to ask, this utility have been around for years but is there any old project that live this long and still functions?

Also what are the things that kills such project because even one or two survived for long I don't see many alive till now, they fail easily or turn scam later.

You can see for yourself that there are in fact several casinos which have survived and thrived in this market for a very long time, if you are interested you can check the gambling section of the forum and take a look at some of those casinos.

And about what ends up killing them the truth is that the same reasons that affect regular businesses affect cryptocurrency casinos as well, some of them turn into scams, some others were badly administrated and went bankrupt and in some cases the owners lost the desire to keep themselves in business and sold their casino or simply closed their doors.

Wexnident

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I don't request loans~

There are a lot of projects that have lasted pretty long (though the same can be said to the ones that were lost), heck some of the new ones can even compete imo with the older ones, so it's really just a matter of finding one that could actually last and you're willing to invest on. Crypto casinos are pretty much just like any other casino so anything that kills casinos would basically kill an online casino as well. Put importance on customer support and answering user queries, try to solidify that part before trying to put out bonuses, events, etc., so that it can last for a long time.

Topic: About Online casino/gambling projects (Read 682 times)