What is a web3 casino for you? - page 4.

klidex

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Quote from: tusandii on May 16, 2023, 03:26:14 AM

Web3 has started to be known by most people, it's just that there is still a need for adjustments and higher trust so that it can be recognized properly.
So far, there are still not many people who really like and trust web3 gambling sites.
But I'm not too sure that they can truly decentralize until sometime in the future.
We ourselves also know how the development of the current gambling industry is where there will always be third parties that appear and enter so that it is decentralized, it will be difficult to remain owned by gambling sites.

But the problem is not about believing in web 3.0-based casino sites, but until now there has been no casino that actually implements web 3.0-based bases so it is quite difficult for gamblers to use these sites to gamble.
Unless there really is a web 3.0 casino site that actually implements what should be implemented on this web 3.0 basis.

ethereumhunter

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Quote from: Doan9269 on May 15, 2023, 07:23:46 AM

Quote from: ethereumhunter on May 11, 2023, 04:55:49 AM

Quote from: Bushdark on May 10, 2023, 05:40:20 PM

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

That's why I don't think much about web3 casino because I think it's all the same. Maybe what's different is that we can connect our personal wallet to the casino so we don't need to register using email or have to verify accounts. We shouldn't need to do KYC either because we didn't register directly but only used a personal wallet. But still, one day, the casinos may ask us to do KYC. And gamblers will also know what kind of casino they want to look for, so they will choose it after finding the one that suits them.

This. Could have been easier if they will accept this notion but consider them been a centralized gambling casinos they might not want to have individuals wallet connected to their casinos than you having the one they have created and given to you, if you provided them with your personal wallet which maybe is a decentralized wallet to be linked to your casino account, they may not really want to create an avenue that will not give them super priority or access to your casino wallet in doing that, the more reasons you see many has opted in for a decentralized no KYC required casinos for their gambling experience even with the use of web3 gambling technology

If it's a wallet problem, you can install an individual wallet that you can use specifically to play gambling so it won't be mixed with other coins. After all, you can feel safe playing gambling by linking your account with that individual wallet because you don't need to write down an email or anything to register unless the casino asks you to do KYC one day.

But I feel that with the growing popularity of these crypto casinos, the government is keeping a closer eye on their development. Maybe the government will ask the casinos to KYC their members. So maybe we won't be asked to do KYC by the casino for now, but be prepared if the casino asks you later.

Mr. Magkaisa

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Quote from: Hispo on May 16, 2023, 07:55:04 PM

Quote from: Haunebu on May 15, 2023, 08:13:09 AM

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

In my opinion, Web 3 casinos and other kind of services will see an increase of volume and adoption in the future, but I am also afraid and the regulation will be a huge obstacle for casinos which would bet on decentralization as one of their main features. Added to that, since Web 3 gambling implies people being able to handle and take care of the own private and public keys. I am not sure how much of a percentage of the population would be willing to move from the centralized methods of verification and log in to assimetric cryptographic keys. There are very irresponsible individuals who cannot be trusted with their own credentials. Tongue

- Sometimes I also wonder, because when you use a web3 casino we know it's a decentralized gambling platform, right? but it's still a gamble the difference is that it's not regulated, right?

So, this means that no tax is paid to our government, am I right? Although, it is also true that there are other gamblers who take advantage of other casinos who think they can do it by cheating and the same is true of other casinos with their players as well.

Hispo

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Quote from: Haunebu on May 15, 2023, 08:13:09 AM

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

In my opinion, Web 3 casinos and other kind of services will see an increase of volume and adoption in the future, but I am also afraid and the regulation will be a huge obstacle for casinos which would bet on decentralization as one of their main features. Added to that, since Web 3 gambling implies people being able to handle and take care of the own private and public keys. I am not sure how much of a percentage of the population would be willing to move from the centralized methods of verification and log in to assimetric cryptographic keys. There are very irresponsible individuals who cannot be trusted with their own credentials. Tongue

Webetcoins

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Quote from: cabron on May 14, 2023, 03:56:18 PM

With the rise of fear we have in connecting our wallet to an app, it may just be harder for this web3 to be adopted. They may just have to target the attention of the gamers first, not the gamblers.

Gamers are probably more interested especially when it's Play to Earn. When it's finally safer and the suspicions of crypto community cool down to the hacking, they may lower their guard.

It's actually a pretty big challenge to overcome for businesses thinking to adopt web3 and provide decentralized gambling opportunities to their players, but players will always be suspicious about the integrity of the service and will find it difficult to trust the platform and connect their wallets for gambling since everyone knows what happens mostly when wallet is connected with an unknown and non-trusted source.

Play To Earn is way different than gambling, to provide Play To Earn, a platform will also need some P2E games which are different than gambling or casino games, which makes the cost double and there will still be no guarantee of success.

tusandii

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Quote from: Fesatmas on May 15, 2023, 08:43:48 AM

Quote from: Haunebu on May 15, 2023, 08:13:09 AM

-snip-

Adjustments are still being done, and web3 is the next agenda and like that also still requires time in introduction and development, but I think it seems that the time to be swallowed will not be longer than the introduction of the web2.
To this day it is still in the clear stage of adjusting status as well as gambling sites that say they are decentralized which in fact still has a centralized entity.

Web3 has started to be known by most people, it's just that there is still a need for adjustments and higher trust so that it can be recognized properly.
So far, there are still not many people who really like and trust web3 gambling sites.
But I'm not too sure that they can truly decentralize until sometime in the future.
We ourselves also know how the development of the current gambling industry is where there will always be third parties that appear and enter so that it is decentralized, it will be difficult to remain owned by gambling sites.

Newlifebtc

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Quote from: Desmong on May 15, 2023, 05:13:22 PM

We have been seeing that this time around many casinos and project had been claiming the current thing that is trending and that is the way they are making us the customers look like we do not understand so certain things about what we need to know. That is a way many project use to promote there goods and services so I don't blame them for that.

the people that we are supposed to be blaming is the players of casino games because when you come intensive cousin or you will see a different time of casino with a similar kind of proposing kind of games so I don't blame any action that a gambling project or casino project that can be taken in respect of this

bettercrypto

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Quote from: serjent05 on May 14, 2023, 05:01:52 PM

Quote from: Mr. Magkaisa on May 14, 2023, 04:37:45 PM

Quote from: VEMO_MANAGER on April 25, 2023, 06:14:32 AM

Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as web3.0 casino?

- What I know is that web3 casino is better if I compare it to the usual tradtional casino. Because it uses blockchain technology.
And it's also safer compared to landbased casinos.

How can you say it is safer than landbased casinos? In terms of risk, it has more risk because the platform can be a rouge one that can siphon your balance on your connected wallet. It can be disguised as a gambling platform but in reality can be a hackers way to access your wallet.

Quote from: Mr. Magkaisa on May 14, 2023, 04:37:45 PM

And web3 casino uses dapps that run the game it has, which means no one can control them which is also the central authority. And they also provide rewards, such as nft, tokens and others that can be traded on the exchange.

There is always a chance that the dapps can be controlled by the owner if they have malicious intention in the first place. So I won't say this one is safer than this one because they can turn rouge anytime they wanted. Reward and bonuses doesn't justify reputation and honesty of a gambling platform.

Since when did the basis of a casino's reputation be based on rewards and bonuses? It's a trivial reason and it's baseless if that's the basis. Then the risk is always there, all we need is how to handle it correctly so at least we know how to overcome it.

I also think that using web3 casino seems to be more advantageous compared to our usual online casino, why? do you not believe
in this matter?

Desmong

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We have been seeing that this time around many casinos and project had been claiming the current thing that is trending and that is the way they are making us the customers look like we do not understand so certain things about what we need to know. That is a way many project use to promote there goods and services so I don't blame them for that.

Fesatmas

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Activity: 2268

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Quote from: Doan9269 on May 15, 2023, 07:23:46 AM

Quote from: ethereumhunter on May 11, 2023, 04:55:49 AM

Quote from: Bushdark on May 10, 2023, 05:40:20 PM

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

That's why I don't think much about web3 casino because I think it's all the same. Maybe what's different is that we can connect our personal wallet to the casino so we don't need to register using email or have to verify accounts. We shouldn't need to do KYC either because we didn't register directly but only used a personal wallet. But still, one day, the casinos may ask us to do KYC. And gamblers will also know what kind of casino they want to look for, so they will choose it after finding the one that suits them.

This. Could have been easier if they will accept this notion but consider them been a centralized gambling casinos they might not want to have individuals wallet connected to their casinos than you having the one they have created and given to you, if you provided them with your personal wallet which maybe is a decentralized wallet to be linked to your casino account, they may not really want to create an avenue that will not give them super priority or access to your casino wallet in doing that, the more reasons you see many has opted in for a decentralized no KYC required casinos for their gambling experience even with the use of web3 gambling technology

I actually do not care about the web3 or gambling in general centralized or decentralized, the most important thing for me is to be able to have fun with the gambling that I do, but if it is reconsidered it is true without doing KYC and connecting my decentralized wallet which will make it easier to do Deposits or withdrawals will be easier, it seems like I have more to play more regularly because it will be easy for me to make a deposit.

Quote from: Haunebu on May 15, 2023, 08:13:09 AM

Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

Adjustments are still being done, and web3 is the next agenda and like that also still requires time in introduction and development, but I think it seems that the time to be swallowed will not be longer than the introduction of the web2.
To this day it is still in the clear stage of adjusting status as well as gambling sites that say they are decentralized which in fact still has a centralized entity.

Haunebu

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Currently, the world is adjusting to Web 2.0 which itself took some time while Web 3.0 is the future, but some of the promises that these new crypto gambling sites made related to it are silly and unrealistic in my opinion.

They definitely won't be 100% decentralised sites or anything since that isn't realistic at all, but they will offer more freedom to the players when compared to centralised casinos for sure.

Web 3.0 basically helps decrease dependence on centralised entities to some extent which is a big plus.

Doan9269

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Activity: 812

Merit: 560

Quote from: ethereumhunter on May 11, 2023, 04:55:49 AM

Quote from: Bushdark on May 10, 2023, 05:40:20 PM

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

That's why I don't think much about web3 casino because I think it's all the same. Maybe what's different is that we can connect our personal wallet to the casino so we don't need to register using email or have to verify accounts. We shouldn't need to do KYC either because we didn't register directly but only used a personal wallet. But still, one day, the casinos may ask us to do KYC. And gamblers will also know what kind of casino they want to look for, so they will choose it after finding the one that suits them.

This. Could have been easier if they will accept this notion but consider them been a centralized gambling casinos they might not want to have individuals wallet connected to their casinos than you having the one they have created and given to you, if you provided them with your personal wallet which maybe is a decentralized wallet to be linked to your casino account, they may not really want to create an avenue that will not give them super priority or access to your casino wallet in doing that, the more reasons you see many has opted in for a decentralized no KYC required casinos for their gambling experience even with the use of web3 gambling technology

CarnagexD

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Quote from: Weawant on May 11, 2023, 02:39:32 AM

Quote from: Cling18 on May 10, 2023, 09:42:57 AM

Quote from: Weawant on May 10, 2023, 01:32:55 AM

Web3 has to be decentralized so if a casino is claiming to be a web3 project then it has to have all of the features of decentralized projects. The casino should be accessable with my metamask wallet that I won't have to deposit but can connect my wallet directly.

One of the key elements that define a casino as 3.0 is decentralization. A decentralized network powered by blockchain technology should run it. Additionally, it must support several currencies, which will be advantageous to us gamblers who support a number of altcoins. A casino would also be regarded as web 3.0 if it produces fair gameplay, security, and accountability, all of which will simultaneously be protecting its players and the casino. Since most casinos also prohibit VPN usage, I hope that the innovative gambling industry will take the location restriction into consideration in the future. Players from gambling-restricted areas have long struggled with this restriction.

As a web 3 casino, for them to be decentralized and allow users to connect with their wallets, they have to be powered by blockchain as that's the only way they can be achieved that. I haven't seen a non blockchain project connect with cryptocurency wallets before.

A web 3 casino must not allow the usage of different cryptocurency before it can be classified as a web3 casino. Cryptocurrency casino have their tokens and to promote the use of their tokens, they can decide it becomes the only means of payment.

There's nothing wrong in doing so as it also helps the investors as they get profit for believing in the project and investing in it. If they allow multiple altcoins, then they might not add value to their own token and might lead to people dumping it which would affect the casino.

I love the idea that in order for online casinos to be considered as web 3.0 gambling sites is its ability for decentralization. It straight to the point, and nothing more. That integration of cryptocurrency as payments, rewards, tokens are featured. In cased of security, it will greatly be depend upon the house website if they require every player or stakeholders to have a KYC. I love this post as it just gives simple and clear prompt.

Pascal Parvex

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Quote from: HashBet.com on April 25, 2023, 09:17:59 AM

A web3 casino must include the most important feature of player's maintaining custody of their bankroll. Meaning, the web3 casino has to connect to a player's wallet rather than settling deposits and withdraws.

My Waves blockchain gambling site https://WavesPlay.com works on chain. There is no login, just a connect button.

serjent05

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Quote from: Mr. Magkaisa on May 14, 2023, 04:37:45 PM

Quote from: VEMO_MANAGER on April 25, 2023, 06:14:32 AM

Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as web3.0 casino?

- What I know is that web3 casino is better if I compare it to the usual tradtional casino. Because it uses blockchain technology.
And it's also safer compared to landbased casinos.

How can you say it is safer than landbased casinos? In terms of risk, it has more risk because the platform can be a rouge one that can siphon your balance on your connected wallet. It can be disguised as a gambling platform but in reality can be a hackers way to access your wallet.

Quote from: Mr. Magkaisa on May 14, 2023, 04:37:45 PM

And web3 casino uses dapps that run the game it has, which means no one can control them which is also the central authority. And they also provide rewards, such as nft, tokens and others that can be traded on the exchange.

There is always a chance that the dapps can be controlled by the owner if they have malicious intention in the first place. So I won't say this one is safer than this one because they can turn rouge anytime they wanted. Reward and bonuses doesn't justify reputation and honesty of a gambling platform.

Mr. Magkaisa

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Quote from: VEMO_MANAGER on April 25, 2023, 06:14:32 AM

Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as web3.0 casino?

- What I know is that web3 casino is better if I compare it to the usual tradtional casino. Because it uses blockchain technology.
And it's also safer compared to landbased casinos.

And web3 casino uses dapps that run the game it has, which means no one can control them which is also the central authority. And they also provide rewards, such as nft, tokens and others that can be traded on the exchange.

cabron

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With the rise of fear we have in connecting our wallet to an app, it may just be harder for this web3 to be adopted. They may just have to target the attention of the gamers first, not the gamblers.

Gamers are probably more interested especially when it's Play to Earn. When it's finally safer and the suspicions of crypto community cool down to the hacking, they may lower their guard.

noormcs5

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Quote from: Outhue on May 13, 2023, 02:51:29 AM

Do not focus on web 3 from any online casino, it's nothing but an empty word, let your main reason for trying out a new or old casino be your experience, web 3 is still not a complete idea but it's in work, I don't see any online casino using web 3 still, they are all web 2 right now, those using web 3, in their description are seeking for attention and for someone who can tell the difference like me won't get caught, thinking maybe the experience will be different? Lol, for now, web 3 is still an unripe fruit.

I would not try a brand new casino if that is web 3 based or only using the Web 3 name for marketing purposes.

For me, Web 3.0 should be such a casino where we connect our wallet with the casino and gamble, without having to deposit at the gambling site. With a true Web 3.0 casino, the gambling experience should be completely decentralized.

If any casino claims to be Web 3.0 complaint and still asks you to deposit the money in that casino, keep in mind, they are just fooling you in the name of Web 3.0

slapper

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Quote from: Peanutswar on May 13, 2023, 08:54:42 PM

Quote from: Bushdark on May 10, 2023, 05:40:20 PM

~snip

This is the new era today of adaptation we previously using a different email accounts which is getting hassle to them they don't want to add their real email instead they will use another dump emails to create an account for a gambling casino and some of their funds are in the wallet so they need to send or transfer those funds into the casino and another thing is some of them want to make sure they are anonymous so they takes a lot of process before sending, with the use of the web3 people now can send or transfer their assets to the casino itself and somehow you can create an account without using email, platforms not requiring to have a KYC for this feature but still it has to have a backup for account recovery such as an email still needed the same with phone number.

The web3 craze has spread like a mysterious plan, and it has even entangled the gambling industry. However, my trusted friend, the legitimacy of these web3 gambling ventures is as questionable as a fraudulent Da Vinci forgery. They present a sham while posing as a revolutionary decentralized adventure. Isn't decentralization the key to the web of the future? Did something get lost in translation there?

Where's the catch? Web 3.0 gaming requires a very fast connection. Have fun trying to accomplish it without groveling before the government. It's like trying to touch your nose with your tongue is easy compared to what they're capable of. It defies belief.

The casinos, meanwhile, portray themselves as the next big thing. Attempting desperately to be hip and enticing gamblers with a flashy novelty. In that case, why not just play at a regular casino? There is no substance to these web3 crypto projects' bluster. They are only interested on winning the gamblers' hearts and money. Pathetic!

Peanutswar

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Quote from: Bushdark on May 10, 2023, 05:40:20 PM

Quote from: QueenVera on May 10, 2023, 02:47:18 PM

Quote from: VEMO_MANAGER on April 25, 2023, 06:14:32 AM

Lately we have seen a lot of online casinos that are considering themselves as Web3.0 but in reality it’s just a name, they don’t over a real Decentralized experience for players.
So i want to know from you what’s are all the features an online casino should have to be considered as web3.0 casino?

Lately web3 has become so popular and already making waves but to me especially in gambling, I don't see any web3 project as being realistic because they only end up with some shitty craps without any form of decentralization which is the main purpose of web3 and I believe that web3 gambling should be working in a web3 technology which might require very high internet and individuals wouldn't be getting that easily without having to lias with the government and I believe that the government might even make things hard that they will have to bend to its terms.

One thing I have noticed is that many of these casinos want to be known to the latest trending so that gamblers that are lovers of the trending will subscribe to there network. That is what many thinks and it had been working for them but I don't see any need for that rather than just been the regular casino we used to know. Many of the Cryptocurrency projects are claiming to be web3 the fact is that we are not even sure of they ever know what they are claiming. There projects casinos that claims to be web3 are only interested is gaining the heart of gamblers.

This is the new era today of adaptation we previously using a different email accounts which is getting hassle to them they don't want to add their real email instead they will use another dump emails to create an account for a gambling casino and some of their funds are in the wallet so they need to send or transfer those funds into the casino and another thing is some of them want to make sure they are anonymous so they takes a lot of process before sending, with the use of the web3 people now can send or transfer their assets to the casino itself and somehow you can create an account without using email, platforms not requiring to have a KYC for this feature but still it has to have a backup for account recovery such as an email still needed the same with phone number.

Topic: What is a web3 casino for you? - page 4. (Read 1201 times)