JoyToken (JOY) is a new cryptocurrency created to make big changes in the world of online gaming. But, before we explain why buying the tokens is the right thing to do, here are some facts about this industry! The online gambling industry is currently worth almost 60 billion US dollars, which is approximately the same as the whole US state of Delaware earns per year. Furthermore, the economic experts agree that the worth of the gaming industry is going to increase drastically.
One of the companies that will help the growth of the industry is Joy Gaming, which has developed a method of encouraging aspiring software developers to create new casino games. By creating the JoyToken, the company will help the developers get their payments quickly, which is bound to motivate them to work even harder in the future.
What is JoyToken?
Based on the blockchain technology, JoyToken is a unique cryptocurrency created for use in the gaming industry. The main purpose of JoyToken is to be used on Joy Gaming platform in order to make the money transactions between online casinos and game developers much faster. Thanks to the technology around which this token is based, the security of transactions if guaranteed, same as the privacy and anonymity of the users.
Although JoyTokens are meant to be used as means of payment for the software developers, it doesn’t mean the cryptocurrency won’t have other uses. For example, JOY can be used as a deposit/payout method at online casinos. In fact, it’s already included in the offer of payment methods at PlayCosmo. The online casino is owned by Joy Gaming and is holding licenses issued in the United Kingdom, as well as in Malta and Curacao. Hopefully, many other online casinos will follow the example of PlayCosmo and make JOY one of their banking methods.
Reasons to Buy JoyTokens
Obviously, the casino operators who wish to enrich their game selection with brand new games will find it useful to get ahold of JoyTokens. They will be able to use them to pay the software developers for their services, that is, for creating new casino games.
But, the people from the online gambling industry aren’t the only ones who can profit from buying JOY. Everyone can because the value of this cryptocurrency is expected to skyrocket immediately after its release. Furthermore, as the gaming industry gets bigger, so will the price of JoyToken!
How to Buy JoyTokens?
Because only a limited amount of JoyTokens will be released, it’s of utmost importance to get ahold of them on time. What this means is that you’re advised to buy them as soon as they’re set for sale. The period when you’ll be eligible to purchase JOY starts on 27th of February 2018 and will last approximately a month, or until all of the 700,000,000 tokens are sold.
As no new tokens will ever be made after the initial JOY are sold, it’s imperative to buy them while they’re still cheap. The current exchange rate is 1 JOY = 0.20 USD and the minimum amount of Joy you can buy needs to be equal to $100.
To learn more about how to get these tokens, please visit the joytoken:
Website
Bounty Thread
ANN Thread
Telegram group
Thank you for reading!
Joytoken sounds really intresting!! By the way I just did a post were i covered the difference and the pros and cons of hodling and trading, Please check it out!
My main worry is that it does seem to be joiing the market rather than leading it. What makes it different? I think as the world of blockchain matures people will look for more and more professional and advanced projects.
I would like to know how will JOY leave hte competition behind.
You got a 1.11% upvote from @postpromoter courtesy of @mathewtherry!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
You got a 2.05% upvote from @buildawhale courtesy of @mathewtherry!
If you believe this post is spam or abuse, please report it to our Discord #abuse channel.
If you want to support our Curation Digest or our Spam & Abuse prevention efforts, please vote @themarkymark as witness.
This post has received gratitude of 1.94 % from @appreciator thanks to: @mathewtherry.