Hi @manfred_jr, We are building the project intending to make it like the current gambling projects available in the market. We will be introducing the unique features once we get to a stage where our project takes over good traction.
Hi @Nana66419, as @Nweke-nature1.com has mentioned, it’s completely upon the gambler to take care of their savings. Instead, we will be introducing something which will pay back to society for its better development.
Hello @fabsltsa, yeah they will be introduced to the team later.
@Nweke-nature1.com I totally agree with that. It’s someone’s personal choice to continue gambling or be happy with what they have.
I guess most gambling platforms only display a “are you 18 or more” button when people join them.
I assume only people that are old enough to gamble are legally authorised to purchase cryptos in the first place. So if minors start gambling it’s also the responsibility of the ones who handed the cryptos to them (parents mainly).
Welcome to hackaTRONs5 ! Really great that you are going to build a casino on BTTC for this season. After the sunset of wink .org , we really need a good casino on TRON/BTTC.
I wish you the good luck ! Looking forward to see what will it become
Hello crypto Gambling project.
Welcome to the session.
I Love the concept of your project
This will help some traditional
Gambling to want to try the luck in
Crypto betting.
Please will this project be open to all?
Remember no risk no rewards
Go and double your money my friend
5 cedis is worth how many dollars $ ?
or less than $0.50
But no I am done with them
Please next time try to increase your staking power to 200 cedis you can easily recovers all your looses when you stake hugely
ooh you be Nigerian man right
This is when I will say
Not a gambler ADVISER
@Shabari please help me with this
No am Senegalese
Yes but there are still some platforms out there that offer the sell of crypto to non kyc customers. And P2P marketplaces is another example where these minors can get to purchase crypto without kyc or the knowledge of the parents. Hence the reason for casino platforms to start taking measures in ensuring that minors are prevented from engaging into gambling on their platforms.
I guess the ostrich strategy will prevail on most of decentralized gambling platforms. Crypto is still the Wild West and most of web3 users are extremely reluctant to KYC.
Thank you for providing more information about your project’s intentions. To further understand your approach and future plans, I’ve a question:
How do you envision blockchain technology playing a role in the eventual unique features you plan to introduce? Will it enable new functionalities or enhance the user experience in any way?
Indeed, and this does present some challenges. And if the gambling platforms fail to address this ostrich strategy, it will definitely lead to further complications and worsen the situation/system. Hence, the need for them to step up on regulatory procedures in such a way it will strike a balance between user privacy and necessary regulations for the long-term success of the gambling platform.
Do you know I was lost what this means.
Thanks for bringing this for me to learn.
The ostrich strategy as decision-making bias where people avoid information that they don’t want to hear because it makes them uncomfortable. This can lead to poor decisions
The name “ostrich strategy” from the myth that ostriches bury their heads in the sand when they’re scared.
This is me sometimes avoiding information that i don’t want to deal with.
In gambling, the ostrich strategy can manifest itself in a number of ways.
For example, a gambler might avoid reading Crypto statistics that show that their favorite coin is actually not very good.
Or, they might avoid looking at their gambling records, even though they know that they’re losing.
Exactly. In this case, by ostrich strategy I meant platforms that don’t take in consideration the fact that some users may be minors or subjects to addiction to avoid having to take their responsibilities like implementing a KYC that would probably be rejected by the crypto community.