Hi guys, This time I will discuss an article about gaming, which is TRUEGAME.
consider the following article.
Will bitcoin prices grow or fall – no one knows. But I'm sure there
there is nothing better than the real industry behind the blockchain. Success
projects in the industry will benefit society and investors. And
today I am happy to introduce such a project to you.
Last year we presented a gambling project that works entirely for the public.
Truegame gets very positive feedback from the professional community.
We closed private investment on the first day and even before
to refuse any of the funds in full repayment of the project. We do not
even the first, but the only one that presents a fully working blockchain
gambling-based projects with unique measurable architecture and growth
potency.
We progress consistently: we do not do ICO in hype
from 2017, but instead developed a unique product, collected a
feedback, improve platforms and attract players.
Now when we look at Truegame's usability, we're ready for it
market expansion and scaling, which is why my team consists of a high level
development specialists and powerful marketing professionals with great
expertise in user acquisition, email marketing, iGaming traffi c attractions
and promotions. We are also proud to have our high-class team
experts in the sign list on crypto exchange.
And only after a successful year we can successfully er Truegame
to you.
Choose projects from the real blockchain industry!
INTRODUCTION
Throughout history, people have been interested in coincidences. Every day millions of people around the world play raffle games, take part in the lottery, spend time in poker rooms or play slot machines. Many of these games are now played online. The igaming market is growing rapidly every year. If in 2016 the volume of the gaming industry in the global market is around USD 44.16 billion, and by 2022 it is estimated by the analysis to be USD 81.71 billion. The annual growth of the market for the year 2017-2021 is expected to grow by 18%
With the development of blockchain technology, iGaming world can experience a strong change.
Blockchain allows to transfer winnings, generate random numbers, isolate pulls from any manipulation,
Therefore, it brings full transparency and reliability in the game process. Gambling is probably one of the few
areas where all the advantages of a blockchain solution can be fully disclosed – decentralization, transparency,
low transaction costs and high data quality.
The idea of combining blockchain and gambling lies at the heart of our platform. Truegame solves the above
trust issues through the use of innovative blockchain and intelligent contract technologies. We develop
infrastructure based on Blockchain Ethereum and by 2017 we are launching a full working platform, which
already has more than 10 games and users are actively playing it. Gifts, sweepstakes and some types
scratchcards available on platform All games are completely transparent and proven on the basis
RNG algorithm.
PLATFORM
Unlike most projects that are in front of us, we develop and launch a. The platform is fully prepared based on our infrastructure. Our architecture allows us to develop and run games that no one else has done before. Some of them have already been launched and are available to play. More games will be launched as we implement our Roadmap.
Truegame is now a fully finished and done iGaming platform. We have different games, billing systems, and shopping carts, because of the players
Can participate in multiple images at once, buy tickets online as goods on
online store
TRUEGAME OFFERS NUMBER
FOLLOWING BENEFITS WITH PLAYERS:
We're constantly updating our game collection, and every game is based on a safe and open source.
One of the advantages of our platform is its flexibility and mobility, as it allows us to quickly apply a new game – in 2018
plans to launch games like Dice, Giftbox, Smart Roulette and more
We understand the importance of ensuring full transparency, so that every player can know its reliability and honesty
Our algorithm Therefore, we put the code of all smart contracts in Github
BENEFITS
FOR TOKEN BUYERS:
Buying tokens without risk: if ICO does not collect softcap, all transfers are returned;
Truegame is the first intelligent contract-based gambling project ever on ICO, collected
positive feedback from the professional community
A positive cash flow will be guaranteed in the nearest future, and constant new game developments will continue
done, which will positively affect investors' expectations, and, consequently, token costs;
The licensing process has been launched, which will allow the receipt of funds in the traditional way
(payment system, credit card) within the next 2-3 months. This will bring this project much more widely
target audience;
Our evidence can be a profi table for long-term investments, other than as a natural growth in token prices
developing projects, we also provide commissions from selling game tickets to all token holders;
Short-term positions can also be profitable, as we plan to start actively attracting players soon afterwards
token sale, which must add a token value on the exchange;
We have reached an agreement with crypto exchange, because our team uses an experienced token
professional list, which allows us to quickly enter a large number of exchanges and ensure high liquidity
GAMBLING MARKET
The global online gambling market is USD 44.16 billion by 2016 and
estimated at USD 81.71 billion in 2022, at a compound annual growth
rate (CAGR) of 10.8% [6]. The global mobile gambling market is estimated
growing faster, at a CAGR of 18.84% over the period 2017-2021
The overall online gambling and betting market is usually segmented by type, platform, device
used or geographic area. On the basis of its kind, the market is segmented into online casino games (bingo,
slots, roulette, keno etc), card games (poker, blackjack, baccarat etc), online sports betting, fantasy sports,
lotteries and social games. By 2015, sports betting holds the largest share of global online gambling
industry with 48 percent market share
The global online gambling market is characterized by the presence of several competing vendors to earn
Market dominance The main vendors in this market are – 888 Holdings, bet-at-home.com, GVC Holdings,
Ladbrokes Coral Group, MGM Resorts, Unibet Group. Other leading vendors on the market include
Betsson, Camelot Group, Genting UK, NetEnt, Paddy Power, Playtech, Ranking Group, Star Group, and
William Hill
PROBLEM
AND SOLUTIONS
Problem: Distrust the player against the casino manager. In most cases with online casinos, players do not have the opportunity to check randomness determining the winner Generating random numbers is not transparent, and even in the case of educational algorithms, players can not do it 100% sure to be trusted from the party monitoring the game.
Solution: Truegame solves this problem using blockchain and smart contract technology. Our algorithm
to generate a random number available in GitHub. and can be checked by anyone. Generation of
Random numbers and win distributions do not occur on our servers, but in an autonomous environment
From blockchain, therefore, no party can intervene in this process.
Issue: Most gambling industry websites can not provide users with adequate transparency
ensuring complete integrity of the player in the integrity of the site manager. Players can not see how many
people actually take part in a particular game, which one they won and how many wins?
Solution: Our platform presents a completely transparent system – all transactions are stored in blockchain.
They can not be changed or deleted. Anyone can check and see the progress of all our pictures on a
platform independent (eg Etherscan) or on its corresponding computer
environment blockchain deployed.
Problem : Players can not check the ability of the casino operator to pay. The user can not confirm whether
casino management has funds for payment, and whether the promised Jackpot can be really provided.
Solution : Truegame provides full transparency – all the accumulated funds are consolidated on smart contracts.
Anyone can see the size of the Jackpot on an independent platform, ensuring our ability to pay a victory.
TOKEN SALE
TGAME is a utility token launched on the Ethereum platform as per ERC20 standard. The total number of tokens released is 300,000,000. More marks outside this number will not be released. The tokens allocated to the team will be held for 6 months with subsequent releases of no more than 5% of the total
of the team token per month
1. Token name: TGAME
2. Number of tokens to be issued: 300,000,000 TGAME
3. Total for sale: 70% of total tokens or 210,000,000 TGAME
4. Cryptocurrency accepted: Ethereal (ETH), bitcoin (BTC), Litecoin (LTC)
5. Soft: 2,000,000 USDT
6. Hard cap: 9,000,000 USDT
7. Sales Token will be done in three stages: Private-sale, Pre-Sale, Main Sale
Private Sale:
1. Date: 10.02.2018 – 25.02.2018
2. Hard cap at Private-Sale: 31,450,000 TGAME
3. Private Selling Price: 1 ETH = 18,500 TGAME (incl bonus)
4. Bonus is + 100% for Prime Sales price
5. Minimum Purchase Amount: 5 ET
Pre-sales:
Date: 26.02.2018 – 18.03.2018
Minimum Buying Amount: 0.2 ETH
Bonus in the first week of Pre-Sale is 40% for Prime Sales price, 1 ETH = 12,950 TGAME (incl bonus)
The bonus in the second week of Pre-Sale is 30% for the Price of Main Sale, 1 ETH = 12,025 TGAME (bonus
including)
The bonus in the third week of Pre-Sale is 20% for Prime Sales price, 1 ETH = 11,100 TGAME (bonus
included)
For further information,
Website: https://ico.truegame.io/
White paper: https://ico.truegame.io/docs/whitepaper_en.pdf
Author: Danimengo
2018 Blockchain Leader Summit was held by Jazzyear in Beijing on March 28. The founder of Trinity, Mr. Li Yiling, discussed with over 50 leading figures in the industry about the past, present and future of blockchain.
Mr. Li first responded to the two risks of blockchain mentioned by the previous speakers. On the first risk of attack on computing power, he said, “some people tried to solve the problem using super computers years ago, but it was not feasible because the cost of electricity was too high.” A quantum computer may be used to break hash algorithms. He said, “even that happens one day in the future, attackers may choose other areas that are worth doing so.”
In his speech, Mr. Li first explained what is scaling. The blockchain is structured such that one block is generated in a certain period of time (latency) and a certain number of transactions are stored in each block (throughput). The key to the adoption and application of blockchain at a deeper level, especially of public chains, is to reduce latency and increase throughput, also known as scalability in blockchain.
Meanwhile, Mr. Li offered four solutions to scale a blockchain, namely, bigger blocks, consensus improvement, sharding, and state channels. He explained that Trinity is an off-chain scaling solution using state channels network which should be viewed as a supplementary solution to on-chain scaling solutions.
As for criticism of centralization of second layer network, Mr. Li proposed three points that need to be clarified. First, centralization of service itself. Take Wechat for example, which is a service offered by Tencent. If you want to use Wechat, you need to plug in the server of Tencent. If we want to break such centralization, we need to create an instant messaging application better than Wechat. Centralization is an evitable outcome of competition. In the state channels network, if there are nodes providing exclusive services, then centralization of such services has nothing to do with blockchain and state channels service
Mr. Li emphasized that centralization of logical processing of transactions should be at the focal point of our attention, as blockchain removes dependency on intermediaries and realizes trustlessness and immutability through a series of technologies and ensures decentralization of logical processing of transactions at the same time.
Centralization of physical topology of state channels: in state channels network, some nodes are dedicated to forwarding transaction router cross state channels. Such nodes only forward transactions, but not process them. If such nodes can offer high efficiency router service at a low cost, users will automatically choose such nodes to access state channels network, thus creating the centralization of physical topology. However, any one can participate in the nodes of channel router as there is no threshold. As long as you can offer high-quality and low-price channel router service, users will choose your service. Such centralization of physical topology of state channels has nothing to do with blockchain and state channels service.
Mr. Li said, “that is why the Lightening Network of bitcoin is criticized — some people think due to free competition, only a few high quality nodes will become the first choice for the majority.” He put forward two points that we need to think about:
Isn’t mining a kind of free competition that leads to monopoly in the end? Isn’t forbidding some people providing better services and products to gain market share and reap benefits the same as getting an equal share regardless of the work done? Even though PCs in average households can run full nodes, they cannot mine. But they can become channel nodes and run nodes at any time.
At the end of his speech, Mr. Li said Trinity released its open beta version on Neo TestNet where users can build nodes, develop P2P state channel and perform on-chain and off-chain state channel transactions. Trinity Beta nodes are counterparts with one another, and no tokens are needed to build them. Users only need to pay a certain amount of fee as deposit when making transactions. Users can request test tokens at TNC Faucet on Neo TestNet.
Mr. Li also said that Rai Stone is studying NFT Gamimg (Non-fungible Gaming) as he thinks this may be the most exciting breakthough in the video game industry in terms of both emotional experiece and rational economic activity. Rai Stone is cooperating with well-known blockchain-based gaming communities (like Decentraland) and provides all-round support to teams that are willing to put their games on-chain, from PR to community building, from VC to transaction. Rai Stone welcomes teams that take blockchain-based game development as their mission and that want to make a difference in the industry to work together.
On the next day, the founder of Trinity Li Yiling participated in 2018 China Blockchain Technology and Application Summit held by the Feiniao community in Beijing. At the event, he shared his opinions with 26 leading figures in the industry and discussed the trends and future of blockchain with them.
At the roundtable discussion, Mr. Li exchanged ideas with other participants about the breakthroughs and future risks of blockchain.
Speaking of the next technological opportunity, Mr. Li said, “the misunderstanding of many projects is that they don’t consider what the market and users really want. They followed suit to build public chains just because they sound cool.” He pointed out, “what we need to do now is to change the consensus mechanism, not consensus among weak hands or average institutional investors, but consensus among developers and entrepreneurs. They will make decisions after gauging if the system is ready for use and if it has business prospects or network effects.”
Also, as for whether we need to build a brand new public chain or make applications, Mr. Li said, “if you are just adding new modules or second layer protocols on Ethereum, then there is no need to do so, which is meaningless and has no value.”
At the end of the discussion, Li said many projects haven’t developed disruptive technologies yet. They are just boasting their projects, more like writing sci-fi. When the tide goes down, what we really need to worry is whether the projects will survive.
Note: Rai Stone is the developer of Trinity state channels network and InWeCrypto news/multi-asset wallet.
Rai Stone Email
media@raistone.tech
Trinity Chinese Telegram：
Trinity Ensligh Telegram：
Twitter:
@trinityprotocol
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