No KYC, Instant Deposits - Kizzy v2 is Almost Here

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• 6 min read
No KYC, Instant Deposits - Kizzy v2 is Almost Here

We know exactly what to fix on Kizzy. We’re publicly building our rocket ship and we’re sharing what we’ve learned. Read for more alpha, learn about how developing the platform works, and don’t miss out on a single thing. Think we’re wrong anywhere? Tell us.

We’re Cooking. The Next Few Weeks Are Make or Break.

We have a new look coming. There’s been a lot of buzz about how Kizzy needs faster onboarding and a product that causes fewer complaints. That’s almost here, and the amount of work required to get it done isn’t being done by anyone else at our stage.

  • Privy announcement
  • Easier Purple K (but more valuable)
  • New home page!
  • Remove KYC (switch regulators)
  • House-Injected Liquidity
  • Bridge Payments! (SOL USDC!)
  • Bonus Chips is rolling out (major rewards here)

New Website v2 Is Underway

We’ve heard our players loud and clear for a long time, and just like on Testnet, we’ve cleared the way for the UX to get polished. We’ve worked across the entire stack to clear the way for faster iteration on the product, and we’re finally ready to start work on things that really make a difference for customers.

Everyone knows we’re removing the KYC requirement to deposit, and every player knows how this is beneficial for the success of the platform and will lead to bigger bonuses and more opportunity on Kizzy, but we know we need to change way more than just KYC requirements.

Critique Us. We Listen.

Since we’ve started promoting Kizzy ahead of the Bonus Chips rewards, removing KYC, adding payments, integrating Privy, and adding more countries, we’ve gotten some critique from the user base that we like.

When you’re building in public, you’re allowed a privilege that does not exist when you hide your product. That privilege is the opportunity to listen, own your flaws, and actively remove them so your product can become better and get into the hands of more people. If you don’t listen to the feedback and hide instead, you’ll never know what people really want.

The game plan is easy. Action produces information. Keep doing stuff publicly and read every word from those who engage with your work, and seek the truth.

Special shoutout to the following. We need you guys to keep sharing everything that you run into, especially as we go through the roadmap for the next few weeks. Hearing your authentic thoughts guides our roadmap and makes us better. We need more like you.

What Does No KYC Mean?

We’ve said it many times before, but we’re removing the KYC requirement to deposit. Here’s what the new onboarding flow is going to look like:

  1. User hears about Kizzy, and either searches for or clicks on a link to Kizzy
  2. User sees the new home page and comprehends the value prop
  3. User decides to bet and 1-step logs in with Privy
  4. User deposits from SOL-USDC or MON or ETH-USDC
  5. User places a bet

No longer is there going to be any step where you have to reveal your personal information, declare your country of residence, or do anything that makes web2/web3 customers in 2026 feel uncomfortable for even a second. Kizzy has to be as streamlined as possible, or we’re not going to make it.

Why Is This Taking So Long? Kizzy Literally has 2 Online Casinos Licenses.

This is for our dedicated supporters and sharps, those who care about what we’re doing and why. Those who want to learn more about how the gambling industry works and how to build in it yourself.

When we started building Kizzy, we had no idea how to start building in gambling. The truth is, gambling is daunting for builders. There’s taboo, lots of scary risks, tons of reasons to call lawyers, and key terms like AML/CFT that you have to learn and come to terms with if you’re playing by the rules. Lots of online casino builders walk straight into the rules. They just stumble forward and get beat down, and then have to stand back up. This is what Kizzy is doing.

Kizzy is on its second online gambling license, and this time it’s going to be in the autonomous island of Anjouan. Some of you may be thinking, why do a license at all? Isn’t this still going to block some countries? Won’t being in Anjouan still geofence the UK, US, Russia, and France? That’s true, but we have to start somewhere and retain our team. Keeping a clean reputation and playing by the rules is done for one main reason. It’s to keep your platform bankable. But thanks to crypto, Kizzy doesn’t rely on banks. We do, however, have to make sure that what we have works at a smaller scale before we size up to a “Tier 1 market” such as the UK or US. Doing so will invite bigger players with more money, and thus bring more risk to the platform. We will get there one day, but the process can’t happen all at once or it puts us too much at risk of a shutdown in a disaster scenario. Kizzy rides a fine line between being true gambling, being a prediction market, and being something completely new that doesn’t need a license, but what we do know is that one of the only direct-to-consumer crypto business models that works is online casinos, and we always want the ability to start selling those services alongside our products if we need to. Kizzy is like a prediction market, but we see a brighter future in selling a sportsbook product for creators, and this game mode is coming out very soon. If the sportsbook takes off, we believe running a social media sportsbook will be what Kizzy needs, and bookmaking comes with tons of legal risk that we’re treading carefully through.

In short, Anjouan is a more flexible jurisdiction that allows us to sell to all of the markets except for the US, UK, and parts of Europe, and this is a huge step that can effectively remove KYC from the deposit requirements, unlocking waves of liquidity through faster onboarding.

New “Spreads” Game? Almost There.

Anjouan doesn’t just unlock more countries and remove KYC from the deposit requirements. It also allows us to run more player-beneficial bonus campaigns, release stronger games, and iterate way faster. Kizzy needs a frictionless building experience to push out new payment methods and figure out what customers want, and Anjouan allows for all of this. Kizzy v2 is going to be a completely different experience and we’re going to melt faces this summer.

We’re Going to Keep Compounding

So, what happens when you combine all of the below with big rewards for players? We’re looking for growth, but the reality is you’re going to get more players who love and critique Kizzy.

  • Privy announcement
  • Easier Purple K (but more valuable)
  • New home page!
  • Remove KYC (switch regulators)
  • House-Injected Liquidity
  • Bridge Payments! (SOL USDC and more USDC options)
  • Bonus Chips is rolling out (major rewards here)

We’re expecting a shift in conversion metrics as our funnel gets polished and cleaned up. More users depositing, more liquidity on the platform, and residual daily improvements in spending that start to compound and make Kizzy a stronger platform that can magnetize higher-quality customers and smarter feedback.

If you’re still not bullish on the Kizzy tea yet, join the conversation and let us know why.