Entertainment is a fuel needed for the getting over from a day's work. Some enjoy watching tv while others enjoy watching games. The gambling industry has seen many ups and downs since years. They have also seen the interest of players shift to the more sophisticated games where players have more choices. The online market for gambling is estimated to be 44.16 billion dollars in 2016. It is expected to reach 81.71 billion dollars by 2022. The internet and mobile have redefined the market in a way that no could have imagined. A large number of Players are joining the online channel since it is easily available in the market. Mobile Gambling market is one of the fastest growing markets because of the meteoritic rise in the mainstream adoption of the mobiles.
It is estimated to grow at the rate of 18.84% for the period of 2017 - 2021. There are various challenges associated with the gambling industry, such as lack of trust among players on casinos and it's platforms. Players are not aware of the integrity of the platform and this creates a room for vulnerability. Opaqueness around the transaction and management of casinos is another problem for the gambling industry. So, all the challenges associated with the industry has to be solved systematically for the further progress. Do you think it is possible?
Solution offered
TRUEGAME is solving the problems associated with the gambling industry. They have designed a new project called iGaming which was launched in the market and has received very positive feedback from the gambling industry. Full transparency in the transaction and efficient operation of the platform is one of the many core philosophies of the platform. Scratch cards, prize draws and lotteries are available on the platform.
They are planning to launch dice, smart roulette and other similar lotteries on the platform in the future. The PRNG algorithm used by the platform provides random numbers used in the different kind of lotteries and scratch cards. Utilising the Ethereum based decentralised application developed, they are one of the few companies which have already built the product. Smart Contract based games are part of the platform and they believe that in the future more such games are launched on the platform.
Decentralised, open source, mobile application, deposit via cryptocurrency, immediate payment schemes and multigame platform are only a few of the many top features of the platform.
ICO INFORMATION AND TEAM (https://ico.truegame.io/)
300,000,000 TGAME Tokens are issued for the project in which 70% is reserved for the ICO. Token Presale stage one is currently live on the platform. There are other two stages for the Token Presale. The main sale of the Tokens starts to form the 16th April 2018 and continues until 30th April 2018. 45% of the funds collected from the ICO will be utilised on the player acquisition while 33% will be spent on the jackpot. The team is experienced in the sales and marketing.
Conclusion
Everyone has their own ways of enjoying themselves. Games and entertainment have always been part of our life. They define the nature and personality of an individual. Gambling is another form of entertainment which has lured people since decades. Our natural instincts are always ready for gambling. iGaming is aiming to become the world's largest content provider for quality games and they believe that it is entirely possible with the help of Blockchain technology and Smart contracts.
Smart contract based gambling creates transparency and trust in the process which will attract a number of players on the platform. The TGAME token holders will be paid along the lines of the revenue on the platform. Sports Betting takes the largest pie in the European gambling revenues and creating transparent solutions for the industry is one of the first tasks for healthy future. Europe has the largest share in the market and it is estimated that this will continue in the future. What do you think will be the future of the platform?
Visit their website and follow them on their social media sites for updates:
my profile:https://bitcointalk.org/index.php?action=profile;u=1835452
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