Foundation:
According to report an average person spends 4.5 hours per day on their cell phone, 47% of world’s population is using internet daily however, 44% of the internet users are gamers. Gamers play from simple online games to gambling and casinos. They need recreation and interesting games. But there frauds in this gambling and users cannot even find evidences of it. Secondly, the payment methods and transaction procedure are cumbersome and lengthy. But thanks to blockchain technology, which make it decentralized which can never be limited or hacked. Smart contracts of blockchain make it possible to do transactions in seconds and use crypto currencies in order to make a unified currency of the platform. The revolutionary platform under discussion is DreamPlay platform.
DreamPlay platform introduction:
Foremost thing the DreamPlay E-gambling platform does is to get the license from a government sector (Philippine Amusement and Gaming Corporation) which makes it 100% transparent, reliable, secure and fair online gaming platform. It uses 2.0 smart contract version which is even more secure and vanishes the risk of unfair gaming and frauds.
There are number of onsite and online casinos which have collaboration with this platform, both the players and casinos get benefit from this ecosystem of gaming. The famous casinos integrated with the platform are Sands Macao and Galaxy Macao.
The system also has messaging availability, and games includes online web games, desktop games, smart phone games, gambling and much more.
4 mainsatys of DreamPlay gaming are:
1. The Application
2. Betting on games in customized manner
3. 3rd party gaming applications
4. Partnerships with onsite/ land based casino.
Gaming section includes sports betting, casino gaming, lotteries and much more. The customized bets can be set by any user for any real event, any other player can choose the opposite ending of the event and both create a bet. After results, the platform ensures that the winner will get the reward. Only 1% will be charged as commission on bets from the gambling platform. The method behind 3rd party applications is public API of the platform. '
Note: the DreamPlay ecosystem only welcomes players from the area where online gambling is legal in their states.
Tokens of gaming:
The DreamPlay gaming has its own token which is made to use in gaming, the token is “DPT (DreamPLAY token)”. Not only the DPT token but all other major crypto tokens can also be used to play games on this platform for example BTC & ETH. Unlike conventional methods of transaction (such as wire) DreamPlay reduced the time into seconds or minutes.
DPT token of DreamPlay can be exchanged into collaborated casino’s tokens within minutes. However commission fees is charged for this exchange. Also, the loan will be provided for the players.
Total numbers of DPT tokens are 200 MM and ecosystem do not plan to increase the supply ever. Price will be released soon on the website.
For further insight about the project please visit whitepaper.
Author:
DREAMPLAY.IO#035