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It is a project around the token, but its only to facilitate betting. at the moment
KYC not needed and we hope not need it for a foreseeable future, at the same time withdrawal is not possible and players only collect WT, WT can be exchanged to USDT, though USDT won't be withdrawn and is for speculating or secure the profit in USDT.
Using token makes it very easy for players to play gain more benefits and gamification as well as tap into a whole new economy, internal exchange system makes it very easy to convert to stable coin.
Withdrawal of WT & BT token will be available soon.
So gamblers won't withdraw USDT? Only they could exchange with your native token on your website? Does it make sense? Gamblers are forced to withdraw WT & BT, and still your token hasn't deployed. What's the benefit of exchanging stablecoins if we can't withdraw them? Looks suspicious to me. You're kind of forcing gamblers to purchase your token, and they can't use it elsewhere except on your platform. You might have some advantage for gamblers through your native tokens, but it would be useless if it can't be withdrawn through stablecoins.
You said for now KYC is not necessary, but your terms ask for KYC. That means anytime you can ask for KYC from your end. I said it doesn't matter since there is prior notice regarding KYC. If someone agrees to submit their personal identity, then you will join; otherwise, everyone is free to skip. But just make sure all the functions are smooth, especially for withdrawal.
I mean... To me it seem pretty obvious this is about getting people to buy their token for actual stablecoins, on order to create some artificial demand on the market.
Honestly, after the downfall of Freebitcoin and their Fun token, I would never trust other casino which issues their own token and integrate it as an important part of their ecosystem, specially if they do not allow people to choose how to withdraw their own money.
Anyways, this gives some shady vibes, this is not how a reliable casino is supposed to handle liquidity. Not even mention they abused artificial intelligence on the making of their ANN. They could have hired actual artists, but they did not.
Token for following reasons
- Gamification without token is very limited
- Features like shop is dozens of times more difficult and less user friendly without Token
- Higher bonuses
- Giving value to users by being able to trade the token as an alternative investment
- Concept of playing with Losses (BT Token) , Item breeding, etc.. all possible thanks to token. We can't just role out a fascinating technology just because some used it poorly
I always had this idea of growing this with community, an active group of people playing and investing in this as an early adapters.
Why not give it a shot instead of being skeptical ? we've had users playing and withdrew their winnings successfully, we are keeping things strict as we are looking for better bankroll and more safe scaling again not to lose credibility .
Right now chasing a better bankroll here :
https://asktom.cf/index.php?topic=5568836.msg66190732#msg66190732