Very helpful guide op though it is a simplified version and it is a lot more complicated in reality. The primary problem that many new crypto casinos face is that they compete with successful and reliable websites which have been operating for ages.
People tend to not risk their investment in new casinos most of the time due to the risky nature of the crypto environment.
You are correct. Gaining traction is one of the biggest challenges for a new Crypto Gaming company due to the factors you mentioned. However, good capital base and well throughout business plan may just be the key