Post
Topic
Board Gambling
Re: Macaw.casino ⚡ Powered by the lightning network ⚡ Instant withdrawals ⚡ No KYC
by
macaw_casino
on 05/09/2022, 14:16:01 UTC
-snip


Thanks for an honest answer on what’s your future plans and goal for the casino. Your last update about no account to play is interesting and somehow erased the concern about the license. I agree to you about your stand about the License and KYC being connected, Actually it’s already the growing problem of crypto gambler since many licensed casino already asking there players to do KYC while there balance is in the casino wallet.

So this means the casino is only focusing on developing house games alone and don’t have plan to add 3rd party games.

No problem ,very happy to answer any questions Smiley

Regarding third party games. We do have some suppliers, and we will look to add more games in the future. However the problem with 3rd party games is that they are not provably fair.

The overwhelming response from the community on launch was that provably fair games should be a top priority (see earlier posts from khaled0111, cryptomaniac_xxx, dothebeats, Bitinity,Loyce and others). This makes sense as there needs to be some way of ensuring trust between the user and casino. The traditional way for this was via a third party regulator, but as we are not going in that direction provably fair technology is the only way for us to ensure creditability.

Provably fair games have to be developed in house, hence why casinos only have a handful (stake has 14, owl.games has 3, duckdice has 2) or they don't have any at all. It does cost a lot of in-house resources and time to do it, but it is worth it in the long run, and for us it is vital for our business model.

Once we have our first flagship provably fair game established, we will look to expand the choice of 3rd party games, and develop more provably fair games in house.