JOY TOKEN Infrastructure Protocol For Gaming Industry
The existing Gaming ecosystem is largely reputation driven a reputation built up by increased advertising. To acquire and retain players, casinos are forced to spend large amounts in order to build trust and reputation through brand awareness. In addition,large casinos control game development. Players are forced to trust these casinos because a lack of transparency means that players can’t track their wagers and thus can’t assess the legitimacy of each bet.Smaller developers also suffer because they are paid a small percentage of the games revenue and face difficulties when publishing a new game, such as: lack of immediate income and access to the large gaming platforms.
Joy Gaming’s solution is blockchain-based and it allows developers to create games that are run on its backend through a smart contract, rather than directly on the blockchain. As all the results are recorded within the blockchain, there is significantly lower fraud.Thus players can verify that developers are running games exactly as described on the blockchain.Further, game developers and software houses can connect and integrate with liquidity providers,such as casinos,to provide access directly to their games.Both the casinos and the developers benefit from the additional revenue and increased game innovation.The lack of reputation of any specific site can be offset by the fact that rules and underlying infrastructure of the games are recorded on the blockchain (in addition to the approval system before games are allowed to go live on the Joy Gaming network).Visit to Official Website https://joytoken.io/
Vision of Project
JoyToken is committed to deliver smarter games to existing and new casino players by giving innovative and creative games developers easy access to operators in our one stop solution. JoyToken delivers this in four easy steps:
1.Game integration and hosting is simple with our own tried and tested game development system.
2.Payments go straight to developers' bank accounts in the form of JoyTokens.
3.All relevant regulatory and compliance requirements will be taken care by us.
4.Instant access to market via our own online casino site; PlayCosmo Casino which is licensed in the UK, Malta and Curacao and allows developers to test their games before general release to other operator’s casino websites
Advantage JoyToken
1.Best Token Practices
JoyTokens token sales follows the best practices this includes strict KYC/AML Standards in accordance with Isle of Man Laws, multi sig wallet of which 2 keys are held by independent corporate services and legal firm, foundation that issues out token funds in timed periods, founder tokens are vested over a 2 year period.
2.Unique Proposition & Size of Market
The global online gambling market is around 50 billion dollars and our decentralized ecosystem of developers, players, operators and regulators will lead this market for years to come.
3. Operational platform
Starting in January 2018, JoyTokens can be utilized for gaming purposes.
Role of Token : Enable Access to Joy Gaming Protocol, Purchase of Game Development API, Wagering in Regulated Countries
Pre-Sale
1st December 2017 14:00 UTC - 13th February 2018 14:00 UTC
Token sale
27th February 2018 17:00 UTC - 29th March 2018 17:00 UTC
Supply : 700,000,000 JOY
Price : 1 JOY = 0.20 USD
Hard cap : 46,340,000 USD
Soft cap : 1,000,000 USD
Accepted Currencies : ETH , BTC and Wire Transfer
Token Distribution Date : 29th March 2018
Emission Rate : No new tokens will be created
20% Pre-Sale
30% Sold during Token Sale
10% Rewards pool
23% Sold on the platform
12% Founding team (3 years vesting period)
3% Ambassadors
2% Token Sale bounties
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My Account BTT : https://bitcointalk.org/index.php?action=profile;u=395093
My Account BTT : https://bitcointalk.org/index.php?action=profile;u=395093
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