Topic: What is a web3 casino for you? - page 5. (Read 1201 times)
They are very good as long as the data management system is in place and financials are taken care by them with at most safety. Mostly decentralised casino would have our wallets connected with them and that’s also method of choice when it comes to signing up with them. Coming down to web3 upgrades they are definitely on the new horizon and would like to wait for longer to see some strong casino showing up with their perfections for legend players. Today itself saw announcement from one of the decentralised sports betting site and I’m convinced they are somehow good. The only way to know is to try out many of them and have review put together.
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.
You can check owl.games, if you're gamble using altcoins, you can gamble through your wallet without need to make a deposit. But owl.games is still a centralized casino, so it's just a less decentralized and not fully a real web 3.0 casino. I think there are few casinos which really decentralized and no ask KYC, but such kind casinos can't become big because there's no way for them to launch a promotion to attract new gambler.
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.
Because of no requirement for KYC on web3 casinos, it is still different from centralized casinos. The no KYC and direct noncustodial wallet connection to the web3 casinos makes it different. Another thing is, most casinos today's are centralized casinos that you will need to register with email and password, people are getting to use the centralized casinos more. Which means centralized casinos are the ones that are making more money. The more the money made, the better they will want to improve their products and services. I will not find it surprising that centralized casinos offers more games and good services.
Web3 casino offers gamblers convenience without having to provide KYC and also create an account with email and password as most of gamblers always want to be anonymous.But on the pretext of providing convenience and anonymity, web3 casinos are even more at risk, there are several scam actions because gamblers have to connect their personal wallet directly with the casino.
We have to really consider when using a web3 casino so we don't make the wrong choice.
Even though a centralized casino has to register with an email and password, there are even KYC requirements if the casino can be trusted and has a good reputation, then it's not a problem, moreover, gamblers also never mind some of the requirements, as long as the casino has a good reputation and high trust in users.
Because of no requirement for KYC on web3 casinos, it is still different from centralized casinos. The no KYC and direct noncustodial wallet connection to the web3 casinos makes it different. Another thing is, most casinos today's are centralized casinos that you will need to register with email and password, people are getting to use the centralized casinos more. Which means centralized casinos are the ones that are making more money. The more the money made, the better they will want to improve their products and services. I will not find it surprising that centralized casinos offers more games and good services.
Because of the public's anticipation, centralized casinos created huge traffic online. The public will always register with a centralized casino because they believe it is the best and easiest way to withdraw one's gains without complications. Manually registering an account with an email address and a password on a centralized casino has become the norm for gamblers. Online casinos disseminate information about web3 quickly in order to grab the imaginations of gamblers who only want the finest of the best. There is room for experimentation and recommendations of new projects in this space. 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?
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?
1. For a Web 3.0 casino to be considered decentralized, it must be constructed using blockchain or other decentralized technologies.
2. Cryptocurrency payments and withdrawals should be accommodated by the casino.
3. It is crucial for the casino to provide provably fair games, which ensures that game outcomes can be verified and not tampered with.
4. Smart contracts, which are self-executing contracts with terms and conditions directly coded into them, must be used by a Web 3.0 casino.
In addition to all you've said, and they have to be totally decentralized and wouldn't have to ask for kyc at any point in time and not asking for kyc at some points either at a trigger point or not.
And I also agree with your point of building and developing their games on a blockchain or decentralized terms and payments should be on blockchains which is in cryptocurrency.
But I also know that one of the things that will slow the adoption of web3 is the fact that it might require a very high internet which might make its adoption a little bit difficult especially in underdeveloped areas and communities.
Nothing change about that since its still the same gaming experience not unless if they apply virtual reality gaming experience to their users then provably we can all agree that they are really good. But for what we see at the moment web3 name is been attached by some casino to attract people or create hype due to that said adoption. But if we look at closely its still the same casino games which offer by other didn't claim about they are web3 casino.
Because of no requirement for KYC on web3 casinos, it is still different from centralized casinos. The no KYC and direct noncustodial wallet connection to the web3 casinos makes it different. Another thing is, most casinos today's are centralized casinos that you will need to register with email and password, people are getting to use the centralized casinos more. Which means centralized casinos are the ones that are making more money. The more the money made, the better they will want to improve their products and services. I will not find it surprising that centralized casinos offers more games and good services. To be fair, the concept of Web3 or decentralized casinos is still very new, so I am not sure if it is fair to compare them in such direct way to centralized casinos (which have existed for many years). Maybe, as time goes on and things improve with the altcoins adoption, the volume of decentralized casinos will get bigger, so will the profits. The money would call for more programmers and open source game providers to join, translating to variety and options for gamblers.
There is still much work to do and a long path ahead, in my humble opinion.
Nothing change about that since its still the same gaming experience not unless if they apply virtual reality gaming experience to their users then provably we can all agree that they are really good. But for what we see at the moment web3 name is been attached by some casino to attract people or create hype due to that said adoption. But if we look at closely its still the same casino games which offer by other didn't claim about they are web3 casino.
Because of no requirement for KYC on web3 casinos, it is still different from centralized casinos. The no KYC and direct noncustodial wallet connection to the web3 casinos makes it different. Another thing is, most casinos today's are centralized casinos that you will need to register with email and password, people are getting to use the centralized casinos more. Which means centralized casinos are the ones that are making more money. The more the money made, the better they will want to improve their products and services. I will not find it surprising that centralized casinos offers more games and good services. hero member
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Leading Crypto Sports Betting & Casino Platform
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.Nothing change about that since its still the same gaming experience not unless if they apply virtual reality gaming experience to their users then provably we can all agree that they are really good. But for what we see at the moment web3 name is been attached by some casino to attract people or create hype due to that said adoption. But if we look at closely its still the same casino games which offer by other didn't claim about they are web3 casino.
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.Nothing change about that since its still the same gaming experience not unless if they apply virtual reality gaming experience to their users then provably we can all agree that they are really good. But for what we see at the moment web3 name is been attached by some casino to attract people or create hype due to that said adoption. But if we look at closely its still the same casino games which offer by other didn't claim about they are web3 casino.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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. 
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.
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.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?
Everything in web3 gives advantages to the owner/user itself but since it’s still in a process, we can’t actually give its precise meaning. However, for me, web3 offers a lot of advancements like we don’t have to face problems like KYC since everything that the casino will ask has been input already in our own non-custodial wallet.
But what about the future, there is possibility that the government may want to attack the web3 gambling sites and ask them to make KYC compulsory. Making KYC compulsory on web3 is very possible. Gambling sites, decentralized exchanges and other platforms that are using web3 may become a place to know your customers in the future.If Bitcoin can exist without interference then web3 casinos can operate on a decentralized mechanism without possible climb down, but let's keep the figure crossed to see whabecomesme the outcome of this development is.
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.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?
There are many Web3 projects in the gambling space that are striving towards achieving true decentralization. These projects are leveraging blockchain technology and smart contracts to create trustless, transparent, and provably fair gambling experiences for users.
I believe that as Web3 technology continues to evolve, we will see advancements that make it more accessible to individuals. Sometimes our governments may have different stances on Web3 technology, but the beauty of decentralized systems is that they are not beholden to any central authority, including governments.
For me as long as it involve crypto and the rest of the technology that involves around it, I can call that as a web3 casino. Decentralization isn't likely to be achieved on a casino, the only closest one is Bitcoin but I can't tell if it can still be called like that.
You have a wrong understanding, most of crypto are centralized and any casino that ask you to submit KYC is centralized which mean those two reasons already ruin WEB 3.0 definition. Gambling using Bitcoin isn't decentralized too because you need to send your coins to the casino and the casino have access to your coins.Until now there's no real WEB 3.0 casino, most of them are less decentralized 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.
No longer today. Many have been stopped with their popular thanks to the bear market that we've been through and that's one of the weakness of these trends, the bear market.Even into these casinos that are labelling themselves as web 3.0 casinos. They've got a lot of purpose to say but still ends up being just not so different casinos from the others.
They're offering some tokens to make it look like they're truly decentralized but they have complete control from their operations and their tokenomics.
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.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?
Governments are cracking down scam gambling sites so don't know to what extent this web 3.0 casino can operate.
If crypto gambling sites are applying for their license, how can a web 3.0 get their license as they are decentralized?
So basically, you are playing on a non-licensed casino and you don't know where to go to if something big goes wrong.
This is why a lot of gamblers still prefer to play on a kyc-casino because they can easily get the support from their troubles.
And maybe this is the reason why most old decentralized casinos didn't survive, remember there were casinos like that in the old days.
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. 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?
Any casino that claimed to be decentralized are running the business at its own risk, no casino should claim to be decentralized unless they are operating off the radar or in a country where decentralization is all that matters to them, FED forbid running an unregistered casino and the penalty is very severe.
The web3 name is just an attracting strategy, I have not seen any one casino that's truly decentralized or fully functioning on the web3, many new casinos are looking for a more effective way to attract many gamblers and they have to use what is presently trending in the world today, which is web3, metaverse and gaming and AI.
Any casino owner will proudly do the same today.
A decentralized casino and a centralized casino without a license are basically operating the same way, without paying any taxes and running off the radar and that is the reason why usually see authorities hunting down some casinos that are unregistered and unregulated, so decentralized casinos are probably going to get targeted too.The web3 name is just an attracting strategy, I have not seen any one casino that's truly decentralized or fully functioning on the web3, many new casinos are looking for a more effective way to attract many gamblers and they have to use what is presently trending in the world today, which is web3, metaverse and gaming and AI.
Any casino owner will proudly do the same today.
And you are totally right that most of the time, the name of web3 is just used for marketing purposes since it is among the trends that are circulating within the crypto community these days. From personal experience, I've only witnessed 1 decentralized casino in my life, it was announced on this forum though I don't remember the name, it must still be there.
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