Gambling or a game of chance becomes more popular than ever. Every day, a million players play various games such as casino games, card games, sports betting, fantasy sports and lotteries. Now, the technology makes these games can be played online.
The Issue of Trust
Whether being played offline or online, the issue of trust always makes people beware of the gambling industry. The issues include the mistrust of other players, casino managers and casino operators. Let’s see how these issues will affect the players.
Online players oftentimes mistrust the casino managers, for they cannot ensure the randomness of winning. Such a mistrust also occurs when the player can not see how many players joining in a game, who the winner is, and what is the amount of the winning.
Another mistrust is caused by the inability of players to check the paying capacity of the casino operator. Most of platforms’ and casinos’ ability to pay the winners are questionable. Besides, the players also doubt the promised Jackpot offered by the casinos’ management.
So far, we could see that the main cause of the mistrust is since the existing game management and the system they used lack of transparency. Therefore, the players need a place with a transparent system.
Truegame and Blockchain Technology
Truegame brings a brilliant idea of combining blockchain technology and gambling. The platform solves all problems related to the issue of trust by using blockchain and smart contracts technologies within its ecosystem.
Blockchain will enable a fully transparent system of transfer winnings, generate random numbers, and prevent any form of manipulation. The technology makes the need for a transparent, secure and attractive game room is possible to be built.
For example, the players do not have to worry about the integrity of True game platform in determining the winner of a particular game. The algorithms which are used to generate random numbers are available on GitHub and can be checked by anyone. Besides, all of the generation process and distribution of winnings will have happened in an autonomous environment of the blockchain. So that nobody can manipulate the process.
All of the transactions which occur within the ecosystem will be saved in the blockchain. So you do not have to worry about the possibility of your data will be manipulated or deleted. Each user has the access to check and see the progress of all drawings.
Then, what about the platform’s ability to pay the winnings? Truegame will accumulate the funds, then consolidate it by using smart contracts. The usage of the smart contract will ensure the players of its ability to pay the winners. Here, each user also will be able to know the size of Jackpot.
ICO Information
Truegame tokens will be known as TGAME tokens, which are ERC20 standard tokens. The total supply of TGAME token is 300,000,000. You are allowed to purchase the tokens by using Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC).
The ICO of TGAME will be held in three stages: Private-sale, Pre-Sale, and Main Sale. The private sale itself has ended, but the pre-sale is still ongoing, it started on March 5th, 2018 and will be ended on April 4th, 2018. Then, the main sale will be held on April 16th, 2018 to April 30, 2018.
Conclusion
After reading the whitepaper out, we could see that this platform offers a smart idea to the world of gambling and iGaming. The project itself is not only a few pages of business plan like others have. The platform already attracted active users to play the games provided, this platform even already has a working mobile application which can be downloaded on Google Play!
According to the roadmap, in the end of this year Truegames will launch more than 30 games such as Card Lottery, Gift Box, Dices, Smart Roulette, Slot Games, Craps, Keno, Bingo, etc. So there is no doubt that this platform will attract more attention of players and investors around the world.
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Author:
bitterdog
ETH: 0x939e987B687d1E21d175340C02373bdDCEe31Bc7