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Topic: Opinion on crypto casino project (Read 677 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
August 21, 2023, 02:08:40 AM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
Why are you going to open another new thread? If the community members are giving their opinion in this thread then I don't think there is any need to open a new thread. But yes if you get enough opinion from this thread and add its essence to that thread and if it is effective for your project then you can open a new thread. I will wait for your new thread.
The OP should have closed this thread and created a new one so it doesn't make too much room for feedback, I know that's a natural thing but at least closing one of the threads and locking it would be better to be able to focus on the feedback in just one of the threads, at least it looks neat and the OP is serious about developing his project and not just creating a spam-like series of threads on this forum.

Most new accounts are always like that so I don't think it's strange that they just create threads which end up being just filled with unnecessary posts then leave it endless not even caring what he posts let alone catch any feedback I still see how the OP pays attention to the threads he creates This. i thought locking this thread would be better and focus on its new thread to get more feedback.
hero member
Activity: 826
Merit: 583
August 21, 2023, 01:20:49 AM
I've come across multiple posts where the original bitcoin gamblers regretted the fact that none of the crypto casinos are anonymous like they all used to be, almost all of them requiring KYC at some point of the customer journey.
I think this is a bit contradictory, since those decentralized platform have disappeared due to not having a large base of users anymore, as players migrated to centralized platforms. The complaints you heard and read don't correspond to a considerable percentage of gamblers when you compare to their total. Of course there are gamblers who care about privacy, so they would like to play anonymously, but they aren't a big group, and that is why main gambling companies aren't concerned regards this demand.
Just accept the reality that being anonymous will no longer be the main concern of majority of the gamblers, but the safety and security of their money when they want to gamble in certain casino platforms. So I guess conforming to KYC verification is not bad at all, except if you’ve given your personal information to those fake crypto casino platforms. And let’s just accept the reality that later in the future KYC will become a must if you want to play in centralized casinos, otherwise if you keep on wanting to stay anonymous, you might fall on scam decentralized platforms.

right, now more gamblers don't really complicate the anonymous thing too much. KYC procedures are not disputed by most gamblers. The priority now is comfort and safety. KYC procedure may be annoying and it spoils the mood if it is so hard to do. and casinos must provide friendly and fast support to help gamblers to remain comfortable because KYC procedures may be annoying for gamblers.
some gamblers who don't like KYC, then they can keep playing at places that do accept it all. regulations continue to be developed. Even platforms that didn't ask for KYC before, have finally asked their members for KYC documents.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
August 20, 2023, 10:57:31 PM
I've come across multiple posts where the original bitcoin gamblers regretted the fact that none of the crypto casinos are anonymous like they all used to be, almost all of them requiring KYC at some point of the customer journey.
I think this is a bit contradictory, since those decentralized platform have disappeared due to not having a large base of users anymore, as players migrated to centralized platforms. The complaints you heard and read don't correspond to a considerable percentage of gamblers when you compare to their total. Of course there are gamblers who care about privacy, so they would like to play anonymously, but they aren't a big group, and that is why main gambling companies aren't concerned regards this demand.
Just accept the reality that being anonymous will no longer be the main concern of majority of the gamblers, but the safety and security of their money when they want to gamble in certain casino platforms. So I guess conforming to KYC verification is not bad at all, except if you’ve given your personal information to those fake crypto casino platforms. And let’s just accept the reality that later in the future KYC will become a must if you want to play in centralized casinos, otherwise if you keep on wanting to stay anonymous, you might fall on scam decentralized platforms.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
August 20, 2023, 02:12:43 PM
Now, from my business understanding, in order to go after the dominant players in any industry and create a successful business, you need to do either something that they don't (ex: a unique exciting slot game that no one else has), or acquire customers through a channel that is overlooked by others (ex: Stake flooded Twitch when the other didn't look at it) or go after a dissatisfied customer base ...

Why not try all of these options?
The way I see it, if you stay in business long enough, opportunities will come, like when Betnomi scammed people and another casino came up offering bonuses to victims.

Quote
A real decentralised crypto casino platform - 100% anonymous.

If you can make it without being raided by your local financial watchdog, it would work. People want this for sure, but not many casinos are willing to risk it. Small ones do it, but with them there's a risk of being scammed. If you grow too much and start getting large revenue, they're going to start threatening you, like they threaten countries that support bitcoin adoption.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
August 20, 2023, 01:12:49 PM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
Why are you going to open another new thread? If the community members are giving their opinion in this thread then I don't think there is any need to open a new thread. But yes if you get enough opinion from this thread and add its essence to that thread and if it is effective for your project then you can open a new thread. I will wait for your new thread.
sr. member
Activity: 1008
Merit: 262
Vave.com - Crypto Casino
August 20, 2023, 01:01:38 PM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
I saw your other thread by sometimes you need to take it cool and don't rush things since this particular thread is still available for people to give there opinion on how you can make your project a successful one as a new casinos that will be launched to compete with other casinos that had been in the market for long with good reputation.

You can still get some reasonable opinions from this thread unless you have other things you will like to ask for opinion from people. Creating a casino is a good idea but you have enough funds to promote it so that you can compete with others and also creating your own brand is very important which will make your company exceptional from others.
hero member
Activity: 2548
Merit: 769
August 20, 2023, 12:22:17 PM
If you want to get gamblers in such kind of the casino, you need to become popular. Only small part of gamblers is ready to risk their money in the casino they can`t trust.  And the casino without KYC and without any responsibility can`t attract gamblers from the start.
I think it would be better to create 2 same casinos one time - one with KYC and one can be decentralized.

Creating 2 casinos with different concepts in one company is not feasible, if members encounter issues in one casino the other casino will suffer from the association, it's very hard to think of a new concept that the community will support right away it will need expertise, colossal funding, and massive marketing, Stake, and Duelbits and all the other top casinos that are mostly centralized have a huge funding for continuous marketing, especially for a new concept in the casino industry, and you have to have a lot of luck to gain the support of the community.
Yes, it is difficult. But if you think about this idea you can see it`s advantages. First of all you don`t need to develop 2 casinos - you can clone 1 casino and change only register and deposit/withdraw systems. Yes, the problems in one casino will be the same with the other and reputation problems will be the same too. But you can easy repair problem in both casino due to the same code. And you can attract different gamblers until the casino becomes well-known. After it you can choose the one casino for you.
sr. member
Activity: 952
Merit: 275
August 20, 2023, 08:02:35 AM
It seems like you don't have any past experience regarding running a online casino, if this is true I suggest you do that first, to avoid a starting failure career for your online casino, also you can't escape the KYC requirement, it's only a matter of time, the regulators will end up forcing you to start asking for KYC information from you customers.

Also it's wiser to hire or build up a team who have experience about running an online casino, it's not something you can handle on your own.

Be careful with introducing something new, many competitors in every businesses introduced many new utilities and they still fail, why is that? You won't know what will happen until you try but be prepared and know what you are doing, Good luck.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
August 20, 2023, 07:58:43 AM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
It's great if you make ANN threads about the site you want to build, at least you can make your account a copper member to make the thread look good with a nice display of image designs to attract attention to the site or casino platform you want to promote here, why not to creating something has to look good to the users of this forum in order to get positive feedback too.

But if you want to make a thread about feedback like this thread I think no need for a new thread just this thread you will find a lot of feedback about your ideas also great response for any opinion of your crypto casino project at least don't create a thread which will later be filled with post spam, but if you feel ready with your casino platform why not follow my method above.
You are very correct, in my personal opinion also, I see no need of creating a new thread is its not the announcement for the said casino the op wants to build, and also coming to that, i would say that i do not see it appropriate to create an Ann thread of a casino that Op haven't even drawn any plan for, let alone started building, i know this could be nice in the sense that it could help gather momentum for the casino before its goes live, but creating the Ann right now is just too goddam early, users are just gonna use that thread as a spamming ground.

So my advice to the OP is to be patient, draw a plan for the casino, he could share that plan on this thread for feedback, create another thread for that purpose, then when the casino site is already online and remaining few weeks or months to be launched, then the op can then go ahead to create and Ann, and also consider promoting it by launching a signature campaign, Op has to be financially buoyant if he's serious with embarking on this journey.
sr. member
Activity: 938
Merit: 303
August 20, 2023, 05:31:34 AM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
It's great if you make ANN threads about the site you want to build, at least you can make your account a copper member to make the thread look good with a nice display of image designs to attract attention to the site or casino platform you want to promote here, why not to creating something has to look good to the users of this forum in order to get positive feedback too.

But if you want to make a thread about feedback like this thread I think no need for a new thread just this thread you will find a lot of feedback about your ideas also great response for any opinion of your crypto casino project at least don't create a thread which will later be filled with post spam, but if you feel ready with your casino platform why not follow my method above.

     -      Agreed  on this one, because having an ann thread  is more likely formal and details about the gambling casino they are promoting. But I think Op didn't have this for now as far as I can see, but still not sure if I am right with my thoughts.

This Ann thread must be made first before anything else, so that the community here in the forum will see the flow of the casino they have and classes they got to make other gamblers be more attract about the games, gimmicks, and bonuses they have too.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
August 20, 2023, 04:55:58 AM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
It's great if you make ANN threads about the site you want to build, at least you can make your account a copper member to make the thread look good with a nice display of image designs to attract attention to the site or casino platform you want to promote here, why not to creating something has to look good to the users of this forum in order to get positive feedback too.

But if you want to make a thread about feedback like this thread I think no need for a new thread just this thread you will find a lot of feedback about your ideas also great response for any opinion of your crypto casino project at least don't create a thread which will later be filled with post spam, but if you feel ready with your casino platform why not follow my method above.
hero member
Activity: 2114
Merit: 603
August 20, 2023, 04:55:26 AM
It sounds great when you say that you believe in building a casino hand in hand with the players, but the , why not make it fully decentralised? I don't know, maybe this is not technically possible, or unviable from the point of view of the business, but if you managed to create a truly different service, it could be a boom.
Simply because it turns out to be unpractical from the players point of view. The main one in my opinion being the transaction fees every time you want to play. If we're looking for a high quality customer experience then centralised is the way to go.

That is the fair point when it comes to taking players hand in hand and making a casino like that. That's gonna increase the house edge because you will have to pay from that only and to keep it running for a very long period of time this could be troublesome. You will need to work on a detailed workflow of money because managing open source where players are committing their time will need to be paid off. I think at that point it will be evident why other casinos even if they are centralized are easier to work with since they are giving huge money back to players and not keeping a lot for themselves. It's like they are working based on the low house edge but more players are onboarded with their own money to wager.

Though everything needs a piece of expert advice. Since the casino is a business associated with the monetary movement, it is better to have a CA and legal team on board!

legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
August 20, 2023, 04:38:49 AM
all types of games in the casino have the same character. gamblers who play slots more often will spend their money and time playing slots. if you want to make a casino with unique games, I don't know what uniqueness you will actually offer.

Well, I don't really agree with that opinion. There is always room to invent something new; that's how innovation has driven progress throughout history. Take, for example, the dice game – these things didn't really exist in online casinos before the emergence of crypto casinos. The same applies to the crash game, which I believe the first version was created sometime in 2015. Plus, bringing in these new games is a reminder that even old-school ideas can get a modern twist.


you hit the nail on the head. new games or old games with a new twist, this is the way to go.
hero member
Activity: 952
Merit: 662
August 20, 2023, 04:28:27 AM
Well, i think you are wrong, for me, i believe its still possible to build a decentralized casino and still be able to accept Bitcoin deposits and withdrawal even though the decentralized casino is running on a blockchain like Ethereum, Binance smart chain, Polygon, Renec Blockchain, Solana or any other chain, for purposes like this is why WBTC exist in the first place, but just incase the decentralized casino owners want to make it possible for their users to deposit and withdraw the real bitcoin, then they would have to build a separate deposit and withdrawal system specially for bitcoin, this can enable users to deposit and withdraw in real bitcoin, but then, i am not sure this deposit and withdrawal system will be decentralized like it is for the other coins.
You're contradict yourself, I already said it's about the casino with Bitcoin, not the casino with centralized shitcoins.

I already know those kind decentralized casino that enable centralized shitcoins to gamble through non custodial wallet and they still accept Bitcoin, but it must make a deposit, not through the non custodial wallet! owlgames, betfury, etc.

WBTC is a shitcoin, don't mix with BTC.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
August 20, 2023, 04:27:20 AM


I also think that it is better to have a centralized casino with higher threshold to trigger KYC requirement.

You have brought up a very good point here.
hero member
Activity: 798
Merit: 509
Leading Crypto Sports Betting & Casino Platform
August 20, 2023, 04:17:07 AM
In my opinion, people go to particular casino for the reputation it has built over the years and the confidence that they are less likely to do fraud with kyc and their funds.

Now, this can be done by any new casino, consistently provide good service and then the day will come when you will be recognized and compete with head of tables, thing is preservence. Stake is king of throne right now, it won't be forever.

You're right, many gamblers use a particular casino because of the reputation it has gained for been trustworthy. No new casino can come into the scene and dominate immediately. Stake platform isn't a new and it has been around for some time but just gaining attention now.

Any casino that's launching will need time to get gamblers attention therefore they shouldn't waste their money in marketing immediately they start, they should grow organically so they can have loyal fans that won't leave them when they're not the most popular casino.

One challenge of any casino trying to offer a service for decentralized gambling is where to host their sever in a decentralize manner and it surprises me that we don't have a decentralized hosting company operating which means no casino can be fully decentralized.
legendary
Activity: 1708
Merit: 1280
Top Crypto Casino
August 20, 2023, 04:05:33 AM
Alright any software developers in here willing to give it a go ? Message me !
What kind of development do you mean?
I hope you are willing to explain it here because this is your thread so that if all development and updates are included in this thread it can provide information to all members who enter your thread instead of asking to be able to contact via private messages.
This thread is made for public purposes so any update regarding development you should say here so that we all can know and understand it in details.

This is a suggestion so you can gain trust instead of making users wonder what exactly was going on in the development.
Please understand.

I meant developers looking to collaborate with me in order to build a centralised crypto casino platform. It can be done publicly I have no problem with that !

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You can freely open a thread in our service board or in the service announcement to make a discussion with your thing, but for me its quite hard if you didn't know the person behind itself I guess need to consider a KYC or show themselves before you make both collab a project, as far as I know one of the member here Yatsan have this offering of a project. You can check it out here. [OPEN]🍀Yatsan Blockchain Project Development Services🍀
newbie
Activity: 15
Merit: 0
August 20, 2023, 04:04:20 AM
Guys I'm going to open a new thread that is more relevant to the current direction that this project will take. It's gonna be about getting as many feedback from you as possible on what would make the greatest casino in your opinion. See you there !
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
August 20, 2023, 03:36:23 AM
Establishing a casino is not a very easy task. On the one hand you have to compete with reputable casino and on the other hand you have to spend a lot of money. When a new company advances both financially and competitively, it will be able to establish its business in the market. ‍and It used to be said that anonymity was one of the reasons why crypto casino gamblers preferred it but nowadays it is no longer possible. KYC is now mandatory in every casino. No one can ignore government laws., especially to prevent money laundering.
Having money is necessary to build a business and we are talking about building a casino, where it will cost a lot of money. We have to think of a promotion strategy that we want to do so that our casino can develop more advanced than before. Apart from that, we must be able to compete with other casinos that have already existed, so this will require promotions that are more and better than other casinos to attract the attention of these gamblers.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
August 20, 2023, 02:53:49 AM
#99
Good thinking op. However, what you are aiming for is easier said than done. Many crypto gambling sites aimed to being completely decentralised sites by never requesting KYC at any stage, but that changed thanks to government intervention.

If you manage to somehow develop a site that is 100% legit and KYC free, kudos to you.

Your site would in such a case have the potential to rival top sites like Stake etc in the future though it was a humungous mountain to climb. All the best op!
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