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mBitCasino: Your unique crypto-only Casino Experience!🎰🎙️
Recorded: July 8, 2025 Duration: 0:23:19Space Recording
Short Summary
The conversation delves into the transformative impact of blockchain on the gaming industry, highlighting trends in crypto adoption, the evolution of casino experiences with Web3, and the growing importance of user sovereignty in the digital age.
Full Transcription
Thank you. Music Thank you. Music Thank you. Thank you. Music Thank you. Music Thank you. I'm going to go to the next video. Thank you. Thank you. Music Thank you. Okay. Thank you. All right, everyone, we are at the top of the hour.
Welcome, welcome.
We have two MBitCasino accounts up here.
Gentlemen, welcome. I want to just quickly get started by wishing everyone a happy Tuesday.
This is an exciting week. A lot of big things happening in the crypto world in terms of legislation. So just keep your eyes open. And in terms of adoption as well, right?
We're seeing a number of companies already allocating Ethereum now to their balance sheets
and their treasuries.
And that itself, to me, could mean that Ethereum might be going through its micro-strategy
era or might just be getting its micro strategy era but anyway today we are here to talk about
mbit casino and before getting into it check up the pinned comment right we're
just gonna be relevant links to the mbit casino community they got a lot of fun prizes, a lot of fun stuff coming up. So anyway,
guys in the future, sorry, in the next 30 minutes, we're going to be exploring the future of crypto
and gaming, how casinos are building around Web3, how tokenization, decentralization, and community
are changing the way that we play in casinos so without further
ado i would love the gentleman on the mic to please take us away hello thanks for having us
very excited to be here happy to chat crypto casino and things that are brewing in web3
um just before we do get into it you mentioned mentioned it very briefly then, but I just want to give everyone a quick heads up.
Check that pinned comment because all the relevant links to our community, including our sign up bonus there.
So that's 325 free spins up to four BTC matched across your first three deposits.
I'd say that's pretty sweet if you're feeling lucky and uh listen don't worry
this conversation is going to be smoother than an eth gas fees on a sunday and that will be the
last dad joke i make today so make sure to um make sure to pin it to the top of the space. I don't see it pinned to the top of the space. Yeah, we pinned.
Hmm.
Weird.
I don't see it.
Maybe I'm bugging on my end.
I'll check with my team and revert back.
Yeah, we'll get them to do it, man.
We clack on.
Okay.
Dad jokes are always welcome.
So feel free to shower us on more dad jokes.
And yeah, let's take it away.
Give us a high level overview.
What is MBit Casino?
What are you guys aiming to build?
What solutions are you pushing out for the community?
And yeah, everything and all in between.
Okay, well, kind of at the moment,
we think that blockchain is reshaping deposits and withdrawals and
in-game economies for players and we think that most crypto casino players would probably agree
with us when we say that blockchain tech has flipped the script when it comes to casino
transactions deposits are instant or at least occur within a few minutes you know depending on traffic while previously customers had to wait a few days for an online casino to process payouts
and that can feel like a long time they can now expect their transactions to start within minutes
and i think that's a great thing um plus it's been decentralized so players don't have to worry
about restrictions tied to banks or payment
gateways it's pretty much win-win for speed and freedom and with the tokenized rewards and on-chain
bonuses becoming more common the whole economy inside the casino i think is just becoming way
more dynamic and importantly transparent as well i didn't realize there was an issue with deposits and withdrawals.
Why do you think there is waiting period, especially when in crypto things are supposed to be instant?
Yeah, I mean, I think instant's got different scenarios to people, isn't it? Some people will
see instant as the next day when they wake up.
But now it's just becoming more and more,
I guess, dynamic.
You want it now, don't you?
Even if you have to wait just a couple of minutes
or half an hour,
that's still, relatively speaking, instant.
And I think that just makes everyone feel better.
If you've got more speed,
it means you've got more freedom to play.
You've got more money. You've got more freedom to withdraw your cash.
There are a lot of crypto casinos at this point, and we've interviewed several over the last few
years. I'm curious to know a more kind of granular breakdown of what you guys are building and um what distinguishes your
casino your crypto casino from the rest uh yeah i mean we can talk about that i just want to take
a moment though it's important to talk about um web free for us and how web free movement is certainly gaining traction and developers and crypto
casinos like us you know we're all trying to balance decentralization with user experience
right because we want to ensure mass adoption by non-technical users and to be honest that's always
been one of the biggest challenges so while some players have
a strong understanding of blockchain and cryptocurrencies others are the complete
opposite so they're attracted by the speed and added privacy of their casino transactions and
simply want to log in and play along without dealing with wallets gas fees complicated steps but the approach that we've
taken uh mbit is to remove as much complexity as possible through our smooth and straightforward
ux so for those who prefer not to deal with wallets and exchanges we've also added on ramp on
on-ramp solutions um i guess the goal is just to enable non-technical players
to start playing as quickly as possible
right on okay and how are operators navigating kyc and responsible gaming mandates while still innovating with tokens and
on-chain rewards? Yeah, good question, man. I think it's definitely a balancing act, that's for sure.
I mean, on one hand, responsible gaming and regulatory compliance are essential. And don't
get me wrong, we fully understand why. It's important that we and other operators protect our players from gambling harm.
On the other hand, we're operating in a space where privacy is an absolute core value.
So in our opinion, it calls for smarter, a little more flexible approach.
Now, of course, we comply in any situation where KYC is required, but we also make sure that our players can stay in control using tools to limit their gaming activity in their accounts.
Players can set up deposit, loss, wager and time limits. All super important. I'm sure you'll agree.
sure you'll agree yeah no kidding i certainly agree and curious to know also what new engage
what new engagement models emerge when jackpots loyalty points or even vip tiers become on-chain
tokens players can trade or stake yeah it just it opens the floodgates doesn't it it opens the floodgates to all kinds of innovation
so we're entering now a new world of online casino gambling that we feel and i personally feel is
just extremely exciting imagine for a minute right a world where loyalty points are no longer tied
to a single online casino, limiting what you can do
with them. They're yours to do with as you wish. You can trade them. You can wager them. You could
even carry them over to another crypto platform. It's the same with VIP status that you might have
built up. You could carry it around with you and benefit from it wherever you go. And I think
that's really opening up the doors
for what Web3 and Blockchain are all about.
We're entering a world where engagement
becomes an investment, not just a one-way street.
And that kind of player empowerment is super exciting.
I couldn't agree more. So where else is blockchain already adding value to the game ecosystem? So, you know, think cross game, NFT skins, e-sports, prize pools held in smart contracts, or even player reputation systems, stuff like that yeah yeah yeah yeah it's just a really exciting time and the best
I couldn't agree more.
part is that we're only just scratching the surface man smart contracts are already making
an impact on the esports scene we've seen that as the technology is making tournaments and prize
pulls fairer due to the improved transparency and we've seen casinos start experimenting with nft based player cards
which i think is really cool imagine a bayc holder automatically qualifying for high roller perks
i mean that's just incredible and one of the coolest areas in our opinion has got to be player
reputation right this is super important so player engagement is receiving a huge boost
as well as players that are managing to build provable on-chain reputations that allow them
to show off their experience level and all of that builds a more i think
open gaming world and we're super excited to see where it goes next.
So in a world increasingly defined by data ownership and privacy concerns,
how is Web3 redefining user sovereignty and what responsibilities do developers have in ensuring ethical data use on decentralized platforms like yours?
So Web3 flips the old model on its head completely. Instead of players having to hand over personal information just to play, they maintain control over their identity and their data.
they maintain control over their identity and their data and at mbit casino we're so proud that
players can join and play without needing to overshare information they can just connect their
wallet and they're good to go but having said that developers have to understand the adage that with
power comes great responsibility act with ethics don't collect anything that you don't
really need and make sure that you're transparent with how you use what's collected that's that's
my one piece of advice right on and that brings me to the end of the questions
today's conversation reminded us that blockchain and Web3 are more than just technological shifts.
They're a reimagination of trust, ownership, and access in the digital age.
As crypto continues to challenge the status quo, it's also giving rise to new systems of value, transparency, and community empowerment.
rise to new systems of value, transparency, and community empowerment.
Massive thanks to the team at BitCasino for joining us and sharing real insights from
the front lines of crypto gaming.
If you want to explore more, visit them at mbitcasino.io.
You'll find crypto-first gameplay, fast withdrawals, and a strong player-led community.
So all links, including the welcome bonus and Discord,
are pinned to the top.
Remember DYOR, not financial advice, and always stay safe.
Anything else, gentlemen, before we wrap things up?
Not from me, man.
It's been a pleasure to talk.
Thank you all for listening.
Appreciate your time.
Cheers. Take care. Thanks, guys. Thank you all for listening. Appreciate your time. Cheers.
Take care.
Thanks, guys.
Enjoy the rest of the day.
You too.
