Well, the problem of the lack of widespread popularity of many online casinos using tokens, where there is no KYC, although many players prefer casinos without KYC, but the need to connect their wallet to the site every time repels many, since you can get just to some phishing site, for example.
This is the problem with decentralized, some platform is not worthy of connecting your wallet since there’s still a risk on that. Also, their marketing affects their reputation, I’m not familiar with this platform and maybe they are not here in the forum as they have no official representative to market their project. Maybe they can also consider this forum as their marketing place so we can know if this is a good site and raise our concern. Having no KYC in crypto gambling still prefer by many, but of course it will still depend on a site. 
Topic: Kryptogamers Hive No KYC Casino - page 7. (Read 1488 times)
I'm fine with Kyc procedures especially the casino has a good reputation. The only risk involve in this process is that your identities might be used on things without your consent right? But that I think would be somehow impossible. There are as well many advantages of it which I lately realized such as not allowing quick withrawals in connection with hacked accounts. Also, it would limit those players (depends on the kyc requirement 'coz IDs could be somewhat faked) especially minors to be able to play in casinos. From engaging to many sites with KYC, I had no problem so far so maybe it just depends on the sites you are choosing. A site with no kyc is not enough I guess to be interesting to the eyes of players.
Well, the problem of the lack of widespread popularity of many online casinos using tokens, where there is no KYC, although many players prefer casinos without KYC, but the need to connect their wallet to the site every time repels many, since you can get just to some phishing site, for example.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
If this casino has been around for a long time but is not well known by many gamblers, especially friends here, maybe it's because this casino doesn't offer big promotions like other casinos and prefers to promote underground. Maybe it's good for the casino to keep the attention away from the government who wants to ask something from them so they can still operate without any supervision from the government. Hopefully, a representative from the casino will come to this forum and provide the latest updates about the casino.
Basing on Don Pedro situation on where it is really that dumb for someone to give out his private keys for some extra return which is bullshit yet this do consider out to be having the full access...
When you approve transaction is metamask, do you give away your pvk?
They need to accept Bitcoin payment and then promoting their casino in this forum...
Fyi, I ain't affiliated with kryptogamers. I played there, enjoyed it, decided to create post about it as hive itself is lesser known blockchain, dapps on it even more so.
Regarding, BTC support — it's less likely. However, 'pegged BTC' is possible if team decides so.
This casino exists since 2019, but I've never heard anything about it. Does it have an old announcement thread in the Gambling forum?
It's hive based so it was announced on hive blog, profile linked in op.
Quote
it seems that OP is simply making a short review(or probably promoting the casino). I'm surprised that the Steemit and Hive tokens are still alive. Having a casino to allow deposits of such tokens seems like an interesting idea. Most of the Steemit and Hive.blog users would just earn tokens on these platforms and sell them for other crypto.
It's short review. Steemit and Hive are active blockchains, dunno why people think otherwise.
This casino exists since 2019, but I've never heard anything about it. Does it have an old announcement thread in the Gambling forum?
I'm too lazy to search right now. I thought that this is an announcement thread, but it seems that OP is simply making a short review(or probably promoting the casino). I'm surprised that the Steemit and Hive tokens are still alive. Having a casino to allow deposits of such tokens seems like an interesting idea. Most of the Steemit and Hive.blog users would just earn tokens on these platforms and sell them for other crypto. Anyway, this casino seems too suspicious to me and I wouldn't bet my coins there.
I'm too lazy to search right now. I thought that this is an announcement thread, but it seems that OP is simply making a short review(or probably promoting the casino). I'm surprised that the Steemit and Hive tokens are still alive. Having a casino to allow deposits of such tokens seems like an interesting idea. Most of the Steemit and Hive.blog users would just earn tokens on these platforms and sell them for other crypto. Anyway, this casino seems too suspicious to me and I wouldn't bet my coins there.
because your profit depends on the performance of the casino token itself. if the price is not improving or have very slow progress, better get out and look for more valuable coins like btc.
now, on the note of the site, kryptogamers, they are using the HIVE network, so it is understandable that they should not require KYC from its customers.
They need to accept Bitcoin payment and then promoting their casino in this forum, if they're professional and serious enough, I believe they could become the next big casino. Currently there's not many casino which offer bankroll investment, only few old casino still offer it. now, on the note of the site, kryptogamers, they are using the HIVE network, so it is understandable that they should not require KYC from its customers.
Also many users are really care with their privacy, everyone will very welcome with zero KYC casino. They just need to be active, don't scam, be transparent and improve their casino.
That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.
I invested in casino bankrolls some time ago, and I found it profitable, but I see a problem with it, that you have to give up your private keys for an extra return, and although it worked out well for me, I don't know if it's worth the risk.
Yesterday I talked about the Fun Token that freebitco.in promotes, giving you advantages for holding certain amounts, which at least for the first few months was less profitable than investing in bitcoin directly. The summary of everything is that I'm going to stop all this crap and I'm going to continue accumulating bitcoin, no tokens.
because your profit depends on the performance of the casino token itself. if the price is not improving or have very slow progress, better get out and look for more valuable coins like btc.
now, on the note of the site, kryptogamers, they are using the HIVE network, so it is understandable that they should not require KYC from its customers.
and control of those coins inside of that wallet on that given private keys. Gambling site investment is profitable if you are really that going for those top or known coins
but speaking about their dedicated gambling platform tokens then it isnt something that looks interesting for me and this is why i do mostly
skip out and ignore these stuffs.
That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.
I invested in casino bankrolls some time ago, and I found it profitable, but I see a problem with it, that you have to give up your private keys for an extra return, and although it worked out well for me, I don't know if it's worth the risk.
Yesterday I talked about the Fun Token that freebitco.in promotes, giving you advantages for holding certain amounts, which at least for the first few months was less profitable than investing in bitcoin directly. The summary of everything is that I'm going to stop all this crap and I'm going to continue accumulating bitcoin, no tokens.
because your profit depends on the performance of the casino token itself. if the price is not improving or have very slow progress, better get out and look for more valuable coins like btc.
now, on the note of the site, kryptogamers, they are using the HIVE network, so it is understandable that they should not require KYC from its customers.
I would be careful on any website that says no KYC is required.
That decision isn't up to them and is up to the country they operate in.
KYC is a critical component of Anti Money Laundering laws and there is no way around it.
There isn't a single reputable company (Stake, BC.Game, Duelbit) that doesn't require KYC so please keep that in mind.
If the country where they operate requires it then I think the casino will give a notice first. They will allow their players to withdraw their funds and let them decide if they will continue there by doing a KYC or not. Not just they automatically apply it because that seems unprofessional but they still can do some KYC surprises for some occasions.That decision isn't up to them and is up to the country they operate in.
KYC is a critical component of Anti Money Laundering laws and there is no way around it.
There isn't a single reputable company (Stake, BC.Game, Duelbit) that doesn't require KYC so please keep that in mind.
If we are in doubt about it then much better if we can just play on a fully decentralized casino since I think they are the ones who will never ask for a KYC but they might be inaccessible because the governments will just ban them since they can't do anything to add KYC on them and criminals will use them the most.
-snip-
On-chain betting is not required "KYC"Because they are doing it in the smart-contract and everything is automatically by the chain. But the less advantage by betting on the chain is:
- You have a limited option game (Most the time offering Lottery & Dice)
- You need to do the transaction for each betting
You can try to look: https://bitcointalksearch.org/topic/chain-betcom-on-chain-no-kyc-15x-win-provably-fair-since-2016-1492457
Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.
Not really unrealistic as long as they have a platform to speak of, and this is profit sharing casino
Quote
Native token called 'Gamer', staking it makes you eligible for 50% casino profits
they are talking of profit sharing, not APY percentage, so depending on the profit of the casino, you need to stake their native token, this what Betfury is doing they are sharing their profit on their token investors, so this is not something new and nothing to be alarm with. Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.
Well, in fact, now many of the new and novice online casinos are doing this, which offer a kind of staking for users and return part of the profit from betting to players in the form of tokens that are used for betting.
I would be careful on any website that says no KYC is required.
That decision isn't up to them and is up to the country they operate in.
KYC is a critical component of Anti Money Laundering laws and there is no way around it.
There isn't a single reputable company (Stake, BC.Game, Duelbit) who doesn't require Stake so please keep that in mind.
That decision isn't up to them and is up to the country they operate in.
KYC is a critical component of Anti Money Laundering laws and there is no way around it.
There isn't a single reputable company (Stake, BC.Game, Duelbit) who doesn't require Stake so please keep that in mind.
Hive and dapps under it seems to be off of government radar, may be that could be the reason. Anyhow, carefulness is required when there is possibility of getting funds stuck, kryptogamers is non-custodial.
I would be careful on any website that says no KYC is required.
That decision isn't up to them and is up to the country they operate in.
KYC is a critical component of Anti Money Laundering laws and there is no way around it.
There isn't a single reputable company (Stake, BC.Game, Duelbit) that doesn't require KYC so please keep that in mind.
That decision isn't up to them and is up to the country they operate in.
KYC is a critical component of Anti Money Laundering laws and there is no way around it.
There isn't a single reputable company (Stake, BC.Game, Duelbit) that doesn't require KYC so please keep that in mind.
That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.
I invested in casino bankrolls some time ago, and I found it profitable, but I see a problem with it, that you have to give up your private keys for an extra return, and although it worked out well for me, I don't know if it's worth the risk.
Already explained in the comment you quoted that you don't give your private keys. Keychain/hive signer is like metamask, you login into hive dapps and approve/reject transactions through it.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.
I invested in casino bankrolls some time ago, and I found it profitable, but I see a problem with it, that you have to give up your private keys for an extra return, and although it worked out well for me, I don't know if it's worth the risk.
Yesterday I talked about the Fun Token that freebitco.in promotes, giving you advantages for holding certain amounts, which at least for the first few months was less profitable than investing in bitcoin directly. The summary of everything is that I'm going to stop all this crap and I'm going to continue accumulating bitcoin, no tokens.
I am just not sure if this is the hive that has a bounty in year before.
This Hive is steemit fork, pretty sure they haven't had any bounty.
My concern is that it asks for Private key when you login to kryptogameapp.
Import your account into Hive signer/Hive keychain, then it's like metamask you approve transactions from there without exposing your private key.
The profit looks interesting and if there are Hive investors and gamblers this is a platform worth exploring for them, I don't like a platform that asks for private keys because it's against the basic and main rules of not your keys, not your coins/token, the platform is questionable if they are going to ask for private keys, I checked the casino there are two options to log in one is through hivesigner and hive keychain, I haven't explored this casino yet, but if the two options are asking for private keys, then its not worth playing in this kind of platform.
Those are like authentication apps through which you access dapps. Both are open source on github.
Hive keychain: https://github.com/hive-keychain/hive-keychain-extension
Hive signer: https://github.com/ecency/hivesigner-sdk/
besides we must assume that the 50% comes from the profits the casino can generate and not its income, so before there is any kind of distribution of the funds the casino has, the casino can pay all their bills and once this is done then they can distribute half of the money that remains to those staking their coins, which means that if the casino gets no profits then no money is distributed at all, this makes the model not as unsustainable as it may seem at first sight.
That's incorrect, whatever casino earns from house edge, 50% directly goes to house and other half to stakers. You can find dividend info under 'dividends' section of website.
https://talkimg.com/images/2023/05/14/blob086d9cd2c462ea9d.jpeg
I just heard of casinos using Hive to log in and gamble. I still prefer casinos that are already operating and I have used them for a long time. Still, they can be an option for gamblers who don't like registration like other casinos and only use their personal wallet to play gambling. This casino needs to make a promotion to make this casino more developed and can be more advanced and can get more members. But if they need more detailed information about that personal wallet, I don't think it's feasible unless we use a personal wallet that we specifically use to play gambling.
Normally, since I've registered on the forum I have been warned many times to stay away from projects that gives insane reward when staking their tokens and now that this is coming from a high rank member I am so confused, are you saying you believe in this project or what? 50% is so unrealistic.
Half goes to casino and other half goes to token stakers , it's one of token utility, what's unrealistic?
50% are going to be divided among the hundreds to thousands of its token stakers which may not be as profitable but if the casino gets tons of loyal users beating the top casinos, I think stakers will make money. This is almost the same with decentralized dividend casinos but because there are quests, it makes it a bit like p2e.
My concern is that it asks for Private key when you login to kryptogameapp.
Jump to: