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, its one way to make people believed that its 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.SourceIf people do see that its still that still centralized then its really totally opposite on how it should be.
Basically with this it encompasses everything conceptual in terms of casinos and what many people are looking for, they find it in a single casino all the functionalities, there are casinos that currently take advantage of the NFT technology, and also take advantage of the technology with respect to tokens, This is something that can be very significant, but in terms of functionality, in terms of centralized or decentralized systems, you can choose the best things that the client likes. Of course, this is an alternative to what could occur before the metaverse or in what which can be a preamble before the metaverses (if given) to be able to have more breadth in everything.