Post
Topic
Board Gambling
Re: A way to attract new users or a misunderstanding?
by
carlfebz2
on 16/12/2022, 22:05:28 UTC
Is web 3 a misunderstanding word for some gambling crypto projects? I've come across few gambling / crypto projects that claimed to be a web 3.0 online casino and other but they still ask for KYC.

The definition of web 3.0 had everything to do with decentralization, block chain technology and token based economics as per what Wikipedia illustrated so why is identity/ verification integrated?

Is this just a misunderstanding of what web 3 actually is? Or it's a way to attract people/users to make them think that their platform is more advanced?.
Probably, it’s one way to make people believed that it’s different from others and to attract more users and let them experience by themselves. Although I would say that the operators have research about web3, but so far I have not experienced this yet, and maybe some operators have wanted to adopt it and are still making some preparations to finally realize it in the future.
When we do speak about web 3 casino then it would be particularly meaning into this.

Web3 Casino ecosystem is a fusion of Businesses between Casino, sports betting, NFT and Decentralized crypto wallets or Dapps. Is an idea for a new iteration of the gambling which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.

Source

If people do see that its still that still centralized then its really totally opposite on how it should be.