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.
Do not let us deceive ourselves and do not let those developers and sites to deceive us, the initial plan was to make web 3.0 to be decentralized, I expect it to be like how Filecoin or those BitTorrent blockchain are used to store files on computer, but it was not and yet it is not.
A casino with a good reputation and is trusted will try to maintain its reputation and provide comfort for its users and all of its members and will not be unfair to them. We have seen this being given to a trusted casino, so many of us choose to keep playing at the casino because we have found comfort in playing gambling. But some casinos cannot maintain and provide this to their members but. They instead provide cases of delays in the withdrawal process for various reasons. And this is what makes casinos like that abandoned by gamblers because they don't find comfort playing gambling there.
Slow withdrawal process would be one of the reasons gamblers can leave a casino, a better one can be gone for. That has been the reason I left fiat casino because of the slow withdrawal process. I have used like two that take weeks, some can take days, I used some local ones that that 24 hours, but crypto casinos take lesser time to process withdrawal, which is the reason I have moved entirely to crypto casino.
Web3 casino have the sole right to be decentralized but with the presence of so many developers on the ethereum blockchain given developer open platform to create whatever the want, that is why we have some many centralized casinos that does not give the player the necessary system to maximize their presence on the casino.
This is why those reputable casinos already know the need for community satisfaction and constant loyalty program for their players, but with recent updates, most casinos have instant withdrawal time. But web 3 casino like owl has some time gap in between and high fees also.