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?.
You have just revealed the truth. Yes, most of the gambling casino are using the word Web 3.0 as a marketing tool to present the world that their casino is Web 3.0 complaint. Since many gamblers do not know exactly what is Web 3.0, they assume that whatever the casinos are claiming is truth and hence the gambling casino are fooling people.
These casinos still operates on web 2.0 model but they use these terms only to create the hype and attract more gamblers to their site.