I can appreciate your worries over the anonymity of the team behind crypto-gambling sites and the need for customers to undergo KYC verification. The people behind a platform should be honest and responsible for their activities, in my opinion. If they are functioning within the rules and regulations, then getting doxxed should not be a problem.
In terms of user appeal, I believe that a transparent staff might be advantageous for a gaming site. It provides customers piece of mind to know that the platform is managed by trustworthy persons and not by faceless organizations. It also facilitates improved communication and confidence between the platform and its users. However, this does not imply that anonymity is a negative thing; it might be advantageous for the platform in terms of user security and privacy. It is all about achieving equilibrium.
Topic: Doxxed team can help a new gambling platform? - page 4. (Read 892 times)
It will probably help since this sounds more like a marketing stunt to me. You have to ask if it is worth risking the security of the owners in revealing their identity over the "fairness on KYC". I'm thinking of a $5 wrench attack if a gambler is near the area of the owner.
$5 wrench attack on the casino owner? For what? It's not like they're walking around with the casino's entire bankroll in their pocket. And let's be real, all physical business owners handling large sums of cash are in the same boat.
I don't know. I still believe that transparency and accountability are important principles for any business, and hiding behind anonymity can breed mistrust and suspicion. While it's true that there is always a potential for danger when personal information is known, the fact is that these types of attacks and threats are relatively rare. And I still disagree that the owners of cryptocurrency casinos would be in any more danger than the owners of traditional casinos and other physical businesses. And besides, we have laws and police to protect them, it's not like we live in the wild west.
All owners and partners do KYC, just not to you or any of their clients. They do it to the government agencies that register the business and give it a license to operate.
As far as I know you need to do KYC when you need the license for the casino. So with the licensed casino at least you know that you can file a complain against them to the license provider. It's up to the license provider how they judge the merit of the competence. Most of the time they don't care about hearing clients because the casino is important for them not the clients. After all the the casino is giving them the money they need.They also need to register with their full name and address for tax purposes, even if they avoid the license. Some people run a gambling operation without a license, posing as something else, like a raffle company that doesn't need a license, or a software company. Alameda was a trading company registered as a blockchain research company.
Anyway, even without a license you have to be registered for tax compliance. You can avoid government agencies like the ones that oversee gambling or trading but you can't avoid the tax man. Once you have income they will require you to give some information about the business you're running.
The way fraudulent operators avoid it is by using homeless people to register the business. These people have nothing so they have nothing to lose.
I can speak for myself, I'm not sure if my pov is common or not. I feel more safe when a gambling website is registered with a gambling authority (no matter where in the world). Just gives me that extra feeling of security. I'm not really interested who runs/maintains the casino and their identity. But that's just me of course.
I agree with your statement.as a gambler actually only needs the trust built by the casino. gamblers will never care who is behind the casinos and what they look like. but gamblers only need great trust that all gamblers can hold and make them comfortable when betting at the casino.
it is also not important to me to know who owns the casino because all that matters is the reputation of trust that can be held.
Hi friends, I am still on the matter of helping a friend who wants to build his own gambling project, the question of the day is about KYC verification, why are popular crypto gambling platforms are not KYC verified themselves? I mean the team behind the online casino why are they not KYC verified and they ask for KYC instead?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
That's an interesting question.
Imagine if all crypto casino owners and dev teams were required to identify themselves publicly. I'm sure that 99% of them would leave the gambling business or try to bypass the ID verification by submitting false IDs.
Will a crypto casino look more trusted if the dev team/owner are doxxed? Maybe yes, but that won't stop them from finding legal ways to scam the users and to not pay their profits. There are multiple excuses for refusing withdrawals "because of suspicious activity" or "breaking the Terms of Service" and all that stuff. In summary, I don't think that doxxing the casino dev teams/owners would solve all problems inside the crypto gambling industry.
But suppose they want to establish a legal business related to gambling. In that case, they will be asked to do KYC so that the government can know that the business will not carry out illegal activities. Maybe the identity of a casino owner can give confidence to the public, especially gamblers, but it seems gamblers don't pay too much attention to this problem. They just play gambling in the casino without wanting to know who owns the casino, and as long as they can enjoy the casino, they will continue to play.
It would require a large set of cahoona's and a hell of a lot of confidence to open publicly deem yourself as a founder of a casino or gambling platform. Especially with the known fact that there are angry losers out there.
Even if we like owners to doxxed themselves for the sake of reputation, that will put the casino at risk because gamblers even if they lose fairly will still complaints, we have reports of gamblers losing fairly but still filing a scam accusations and posting hate remarks it will not only harm the owners but their family and their associate as well.
Casinos with doxxed owners will eventually close the casino if they attack their families and those close to them, casinos are one of the platforms where the owners need not be doxxed to gain a reputation, its enough that they do their best to maintain their reputation by treating their players fairly.
Maybe that will be the outcome but most of the businessman running a business online know the risk so mostly they only set a social media account which is visible to all for their selves with no link with their relatives. So even if they provide their KYC still everything will be fine on their end so business as usual for them what's for us now is we should also ignore about this since scammer will always do scam even if they expose theirselves or not. What's more important is casino reputation and this will always tell all what we need.
Hi friends, I am still on the matter of helping a friend who wants to build his own gambling project, the question of the day is about KYC verification, why are popular crypto gambling platforms are not KYC verified themselves? I mean the team behind the online casino why are they not KYC verified and they ask for KYC instead?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
That's an interesting question.
Imagine if all crypto casino owners and dev teams were required to identify themselves publicly. I'm sure that 99% of them would leave the gambling business or try to bypass the ID verification by submitting false IDs.
Will a crypto casino look more trusted if the dev team/owner are doxxed? Maybe yes, but that won't stop them from finding legal ways to scam the users and to not pay their profits. There are multiple excuses for refusing withdrawals "because of suspicious activity" or "breaking the Terms of Service" and all that stuff. In summary, I don't think that doxxing the casino dev teams/owners would solve all problems inside the crypto gambling industry.
It would require a large set of cahoona's and a hell of a lot of confidence to open publicly deem yourself as a founder of a casino or gambling platform. Especially with the known fact that there are angry losers out there.
Even if we like owners to doxxed themselves for the sake of reputation, that will put the casino at risk because gamblers even if they lose fairly will still complaints, we have reports of gamblers losing fairly but still filing a scam accusations and posting hate remarks it will not only harm the owners but their family and their associate as well.
Casinos with doxxed owners will eventually close the casino if they attack their families and those close to them, casinos are one of the platforms where the owners need not be doxxed to gain a reputation, its enough that they do their best to maintain their reputation by treating their players fairly.
The team behind the online casino did not need to show the public that they did KYC.
And I'm not really interested in knowing who's behind the casino, either.
The most important thing for me is that the casino has a good reputation, is trusted, can serve all its members well, and always provides attractive bonuses.
Gamblers will also think like that because they are only interested in everything I mentioned earlier so they won't think much about who the team is behind the casino.
And I'm not really interested in knowing who's behind the casino, either.
The most important thing for me is that the casino has a good reputation, is trusted, can serve all its members well, and always provides attractive bonuses.
Gamblers will also think like that because they are only interested in everything I mentioned earlier so they won't think much about who the team is behind the casino.
I would personally feel okey enough if the casino is properly registered and manages to build a good reputation from the ground up. Perhaps, if the person behind the casino was a public figure like Vitalik Buterin, for example, it would make sense to make it known, since the reputation of that person may attract gamblers.
Isn't that kind of thing of doxxed teams more common in altcoins projects rather than serious casinos?
I remember it used to be a thing to invest in a coin whose team identity was of public knowledge.
Isn't that kind of thing of doxxed teams more common in altcoins projects rather than serious casinos?
I remember it used to be a thing to invest in a coin whose team identity was of public knowledge.
I can speak for myself, I'm not sure if my pov is common or not. I feel more safe when a gambling website is registered with a gambling authority (no matter where in the world). Just gives me that extra feeling of security. I'm not really interested who runs/maintains the casino and their identity. But that's just me of course.
Same here. I'm not interested to the people behind the casino as long as they're operating with license. Of course it's not a guarantee that the casino is not scam but as a gambler we're not trusting easily right? Hence, it takes time for us to trust if they already establish their reputation just like the old casinos did.Anyway, transparency of operators might help their platform but I don't think they will expose their identity for their sake of their business because of the risk. That's why they have their own rules and conditions for their customers. So if you don't like how they run their platform then you're free to leave.
I can speak for myself, I'm not sure if my pov is common or not. I feel more safe when a gambling website is registered with a gambling authority (no matter where in the world). Just gives me that extra feeling of security. I'm not really interested who runs/maintains the casino and their identity. But that's just me of course.
It will probably help since this sounds more like a marketing stunt to me. You have to ask if it is worth risking the security of the owners in revealing their identity over the "fairness on KYC". I'm thinking of a $5 wrench attack if a gambler is near the area of the owner.
$5 wrench attack on the casino owner? For what? It's not like they're walking around with the casino's entire bankroll in their pocket. And let's be real, all physical business owners handling large sums of cash are in the same boat.
Hi friends, I am still on the matter of helping a friend who wants to build his own gambling project, the question of the day is about KYC verification, why are popular crypto gambling platforms are not KYC verified themselves? I mean the team behind the online casino why are they not KYC verified and they ask for KYC instead?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
Most of the crypto casinos that we have are always hiding the face of the owner to prevent easy sanctions from either the government or there own customers that may not find there business operation genuine enough. If the team are asking for verification like KYC from customers then that do not mean that there shouldn't be some level of verifications from players so that to limit the level of robing the casino.Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
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It would require a large set of cahoona's and a hell of a lot of confidence to open publicly deem yourself as a founder of a casino or gambling platform. Especially with the known fact that there are angry losers out there.
It is not even necessary if you ask me, a founder of a casino doxxing himself or better put, announcing himself as a founder/owner of a casino would be him taking too much risk, normally, this act will probably make gamblers to trust his casino more and having a huge user based even without much marketing won't be too much of a problem, but then, on the other hand, like you rightly said, there are alot of angry losers out there who would go to any extent and length to either get their money back or revenge their loss on the founder of the casino, I believe this one of the major reasons why casinos owners remain anonymous, which is very understandable if I'm asked.
It would require a large set of cahoona's and a hell of a lot of confidence to open publicly deem yourself as a founder of a casino or gambling platform. Especially with the known fact that there are angry losers out there.
Hi friends, I am still on the matter of helping a friend who wants to build his own gambling project, the question of the day is about KYC verification, why are popular crypto gambling platforms are not KYC verified themselves? I mean the team behind the online casino why are they not KYC verified and they ask for KYC instead?
Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
It would probably help with trust but it also comes with a security risk. But i am skeptical that revealing just CEO from a big team would help. Especially when that ceo could be totally made up with a made up history and linkedin. And established gambling platforms have zero reasons to do any of that. On the other hand they are required by law to KYC their users. So i don't see it as anything to do with being fair. They are being fair as long as they follow the rules and regulations. Wouldn't it be more fair if they want to stay behind the veil and not as users KYC verification? If they are scared of the law/regulations it makes sense the are verified too, doxxed or something .
Anyway fast forward to my second question, will a gambling platform be more attractive for users if the team are 100% doxxed?
All owners and partners do KYC, just not to you or any of their clients. They do it to the government agencies that register the business and give it a license to operate.
As far as I know you need to do KYC when you need the license for the casino. So with the licensed casino at least you know that you can file a complain against them to the license provider. It's up to the license provider how they judge the merit of the competence. Most of the time they don't care about hearing clients because the casino is important for them not the clients. After all the the casino is giving them the money they need.Indeed, a doxxed team doesn't guarantee that they won't do anything to screw up their investors or players.
The most legit and profitable business with most transparency today can bankrupt tomorrow. When you are letting others to handle your cash it's not yours until you have it in your wallet. It's the "name" of the company that's KYC'ed imo , not the team behind it. They register under a government and I reckon said government reviews documents that they passed and basically allows the casino to exist after checking whether there's some bad rep or not in the casino. They are scared, trust me, and that's why they do KYC. Otherwise they would've just let them fuck off and not do KYC since they for sure know that their users hate KYC themselves.
Interesting but If it's only the name of the company then that means the members of that company can still run away if they have done something inappropriate but there are really a crypto project who has a doxxed team however this doesn't removed the fact that they can't turned bad anymore. We already have many cases about it. What happened with do kwoon and SBF are a few of it. Not all customers hate KYC and that is why there are still platforms who take the risk and require a KYC.This is better than if their company won't look legal to the governments. So those who hate KYC and only plays on a non-KYC casino should be wary of that because the platform can be shut down at anytime if ever they are spotted by the governments.
Indeed, a doxxed team doesn't guarantee that they won't do anything to screw up their investors or players.
There are so many projects with known identities of their dev teams, and yet, they still manage to abandon or closed down the project.
I don't think it can help a new gambling platform in gaining their players, because it is thru time how they will earn credibility from the community.
Their reputation that they built throughout the years, will be the main reason why a certain casino/bookie will survive in this business.
All owners and partners do KYC, just not to you or any of their clients. They do it to the government agencies that register the business and give it a license to operate.
In some countries it is a rule. Not all staff has to do KYC, but in the EU, the owner of the business has to register in a public ledger that requires their full name, date of birth, name and location of the business and assigned identification number. You can't have a business without providing this information.
What OP would like to se is all the personal information made public and to be honest if you run a big operation it's almost impossible to hide. You can google the names of owners of the biggest casinos like Stake. It's a problem with smaller, newer casinos, but if that's important to you just use the ones you're comfortable with.
If you treat casinos like any other businesses, there's no rule that the ownership, staff, etc., must be public IMO.
In some countries it is a rule. Not all staff has to do KYC, but in the EU, the owner of the business has to register in a public ledger that requires their full name, date of birth, name and location of the business and assigned identification number. You can't have a business without providing this information.
What OP would like to se is all the personal information made public and to be honest if you run a big operation it's almost impossible to hide. You can google the names of owners of the biggest casinos like Stake. It's a problem with smaller, newer casinos, but if that's important to you just use the ones you're comfortable with.
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