Post
Topic
Board Gambling
Re: 🔷 What is Niyvi? 🔷
by
EarnOnVictor
on 22/11/2024, 04:11:49 UTC
I only hope this no-KYC casino can live up to its words eventually. We've seen many of them disappointing in the end, citing regulation. Didn't they know that before luring people into their platforms and letting them believe they had their back?
To be fair regulation is an issue for most of them. The government won't let them run their business without any KYC/AML process, unless of course they don't register their business in their area but it will be another issue of how to trust this new business with no license etc.
You're right and I already know the government is partly the issue, but my problem with them is that they fully understand that the long arm of the government will still catch up on them yet they advertise a no-KYC casino, which looks tricky and deliberate. And the devilish part is that so far your money is with them, the moment the ToS changes from the No-KYC to KYC casino, you will not be able to withdraw your money unless you complete the KYC, how fair is that? Has the privacy not been compromised for the core privacy-inclined people?

I understand your concerns, and I want to clarify the intent behind a no-KYC casino like ours. The no-KYC policy respects privacy for crypto users, but KYC might be triggered in specific cases, like fraud or regulatory compliance. This isn’t to trap funds but to ensure the platform stays operational and secure.

If ToS changes ever require KYC, we believe in transparency and giving users enough notice to withdraw or comply. Our goal is to balance privacy with trust, ensuring fair and open practices for all users.
If this is the case eventually then your casino should be given the award of the "Best, Most Transparent and Fairest casino ever." But the reverse often be the case, well, I will give you the benefit of the doubt, we should not use the ugly behaviour of the many no-KYC casinos in the past to judge you, especially this time that you have it written that you will live up to task to change the cheating narrative in the no-Kyc casinos world. I wish you all the best!