Greetings of peace, and prosperity always for all readers in this article.
https://neogame.io/en/
Welcome to the NeoGame Project.
About the NeoGame Project.
This innovation looks to change betting standards across businesses. Business betting relies heavily on "house edge" - the rule that a club or coordinator can be trusted has a favorable position.
With the Blockchain Technology innovation approach, there are no more requirements for coordinators - individuals can bet without delegates and claim their rewards without paying commissions.
By encouraging NeoGame, we started the procedure for this change and believe that after some time, the majority of astronomers from the ecumenical betting industry will embrace the not-for-profit exhibition.
NeoGame business remains more than just a conventional lottery, and we need to show the world how Blockchain can turn into a distinct advantage. Customary lotteries have imperfect astronomical realities.
Lotteries have offered tickets, and set about half of the income to the prize pool, the second round goes to the host. This number can be ascertained from one section, but you can ensure that a custom lottery is a diversion of negative desire.
The NeoGame project, again, is a truly extraordinary diversion. This effort makes the draws unprofitable and self-regulating, equipped for nonstop activities and achieving full honesty by showing Blockchain Ethereum.
This will direct all assets to the last penny, utilizing reasonable calculations built into contracts that attract lotteries. NeoGame is a lottery without a host. He does not have an owner or outside recipient.
When businesses are encouraged, the group will lose control of the lottery and the business will begin to fill in as an independent referral reality (DAO) managed by a sharp contract. Both groups and token holders will have the capacity to influence calculations or withdraw results, or no outsiders will be entitled to benefit from membership.
The NeoGame project will not produce benefits and, along this line, the benefits of token holders will depend on development in terms of rewards, which are capitalized on the basis of thinking.
Moral Mission.
Ignorance, and betting interests can accompany certain moral problems. It is a prominent fact that many players ultimately depend on bets, befriending results that can pretend to contrast with drugs or alcoholism.
Advances in betting on web betting only intensify the problem because entertainment is more open. Dependent card sharks can invest more energy to play, and entertainment in their own homes.
Commercial benefits and client benefits provided by betting club owners make it difficult to fight slavery, and try to continue dragging the problem players once again into order. As determined by the National Council on Quandary Bets, 1% of the US population experiences obsessive dependence on bets,
Gamers are a major currency source in business, and this will continue as long as retention remains a profitable business.
The task of blockchain non-benefit assignments will gradually have the capacity to destroy administrators who benefit from the market. After the game business endeavors to become a decentralized and unhelpful exhibition, entertainment will turn out to be more sympathetic - if the transfer is not profitable, no administrator will accumulate who will be busy looking for dependent gamers.
Market :
Because of the ease and extraordinary results of the lottery business, in many countries this industry is consumed by the state, without the entry of elective administrators.
Market volume :
According to the World Lottery Sodality, annual transactions in the lottery business exceed $ 280 billion and continue to grow on an annual premise. According to TechNavio, advertising development (CAGR) from 2017 to 2021 is worth 9% per year. Lotteries are a giant industry that contains 33% of ecumenical bets. Lotteries advertise very bad and stable, withstand original changes for a long time.
Who is playing?
Low-paying families from more extravagant countries are the most successful lottery players. For example, low paying families in the US spend up to 9% of their total salary on lottery tickets. About 60% of individuals over 18 (90 million individuals) play lotteries in the US, and up to 20% do it all the time, spending up to $ 50 billion - $ 160 per individual - consistently.
Worldly action plan.
Lottery storefronts are in no hurry to move on the web; Lotteries were cut off, while online businesses only had a small market share. The conventional lottery, with outstanding home excellence around one part of the ticket offer, still holds market fundamentals.
The current economic situation, combined with the recent open door that is flooded to the table, makes good conditions to encourage unfavorable and unprofitable betting activities.
TKT Token :
Determining the Lottery Token will use its own cryptographic map - Ticket Token (TKT) - which depends on the Ethereum blockchain.
Ticket Tokens are utility tokens that have 3 capacities, namely :
1. Lottery tickets.
- A player buys a token, selects a combination of numbers by showing a decentralized application, and sends tokens to sharp lottery contracts.
2. Benefits in the form of several parts of a collection of prizes.
- The prize pool consists of Ticket tokens, and all prizes are denominated in TKT. Prize collection is unstable to a level that cannot be distinguished from the token itself, which considers scaling the range of a very large portion if the token increases costs.
3. Cryptoasset that can be traded with a change in the swapping scale that is not surprising.
TKT will be recorded in cryptographic currency trading, TKT Tokens are issued based on ERC20 standards, and good with a wallet that supports tokens controlled by Ethereum. This allows the task to work without interruption and inclusive on Blockchain Ethereum, autonomous from several other external factors.
Outflow There will be a limited emanation of 500 million tokens. Smart contracts do not consider the release of additional tokens at a later date. Flow of tokens as digital money The distribution of tokens can be done quickly after the token agreement. Posting on the main public cryptoexchange within 2 months after the token agreement. Final conclusions about certain trading decisions will be made after the token agreement.
Drivers of Token development :
Transaction Tokens will offer a rate of 4,000 tokens for each ETH, which will increase to around 10 cents for each token on the date of distribution of the Whitepaper. This is the underlying fee for lottery tickets, and will be responsible for changes due to free market activity.
Project Schedule.
The following is a milestone for NeoGame.
Apart from information about this, you can easily visit the accompanying connection below to connect with coworkers and more about setting tokens, and guides.
Remember that our prize program is running! You can join and be compensated by our tokens for your efforts.
If you are interested in joining us, or you want to know more about all the developments of this NeoGame project, you can immediately see from the links below :
Author : Gen-8 : https://bitcointalk.org/index.php?action=profile;u=1717088
My ETH : 0xE50C1F5F6b3E6A33A70ecfF6A0085E4C90446017