what sort of proof do you need for ou to trust a casino token?
would it be enough to show that the dividends that casino gave saved its holders from bear market and the crisis?
because if a bag holder did made it just relying on shared revenue from the casino i think the casino deserves it. the bagholder however must have spent a lot to bag the casino tokens.
If I considered to buy casino tokens as an investment in mid-lond term I should check for the following:
1) Legal: Where is the casino registered? Do they have a license in their respective country? Do their country manage scam/fraud cases in an effective way?
Who are behind the casino and the creation of the token? Have they worked in any crypto before, or any casino before? Do they have proven reserves of cash?, etc.
Just example, I started playing at Betfury before they had any licenses... I tried them with some little amounts, they had fast deposit/withdrawals, daily payouts on time (pretty high in their beginning), and because I started earlier I had a chance to mine a lot of BFG's with some moderate wagering!
When we talk about legality, crypto itself is in some gray area, when we talk about crypto casinos it's a"wild west" (quoted someone here)!