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?.
I believe it is simply a trick to attract people for joining. Unfortunately Web3.0 websites should be completely decentralized and never request any user information. Asking for a KYC process is even worse. I have seen token projects that have nothing to do with casinos, and yet they require your documents to be used or to sign up.
This is not a misunderstanding imo but rather a way of promoting and tricking users into their services. Personally, I prefer websites that use Dapps. These are very easy to use and allow for buying, trading, or gambling in just a few seconds, without even opening an account. Simply using MetaMask or other wallets is enough.
I would like to see more casinos using Dapps that truly deserve to be called Web3.0 casinos