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.
When the website need of kyc,it will have minimum number of people.Most of the gamblers will not like to share their real identity,even some may play the gambling using the money which is untaxed one.So if they shared the kyc with the casino website,they need to file tax regularly to the government which is additional burden to them.
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?
The decentralisation is important one in the gambling and casino sites as like in crypto currency.As we know the decentralised crypto currency bitcoin survive more than a decade as compared to many centralised cryptocurrencies like Ethereum.Because of the volatility the bitcoin survive till now which is not possible to the centralised cryptocurrency like Ethereum.
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?.
The more advanced gambling sites give us good gambling experience as compared to the old one.The new advanced gambling sites will make us more comfortable as compared to the old gambling site.