The Block chain technology possesses a lot of benefits and demerits making it widely controversial. Firstly, the block change technology empowers the users to be in complete control of their transactions. This makes them the customers responsible and engenders trust for all users. This also helps to eliminate counterparty risks associated with the use of a third party oversight. Also, the block chain ensures transparency for customers and auditors alike. This is because it can be seen by all parties involved and transactions cannot be altered. Also because the transaction history is locked into each block, auditors have a simpler and easier time in understanding the movement of the resources. This improves the general outlook of the block chain as being efficient and productive.
The GIF in GIFcoin stands for Gambling Investment Fund. The idea of GIFcoin Initial Coin Offering (ICO) is to raise capital,
which we'll use to upgrade VitalBet's gambling platform, as well as popularize and promote the VitalBet Brand on the most promising betting markets (countries).
We believe that life should be a fun and exciting experience, and we love sports. For this reason, our team puts substantial efforts into crafting a truly unique online betting experience. Our core product is the very pleasure of online gambling at any time and in any place in the world. Briefly, we produce modern IT solutions to allow people to bet online on sports events and on their favorite gambling games. Our aim is to turn betting into a simple, safe, and accessible activity for every user. VitalBet is a fully-operational, online betting website. Following significant efforts, invested in marketing research, programming, and technology research, we launched www.VitalBet.com in mid-2015, covering all major sports for online betting, as well as casino, eSports, and virtual sports.
Usage
We covered all popular fiat payment methods in the industry (Debit/Credit Cards – VISA and MasterCard – and E-wallets – Skrill, Sofort, Paysafecard, etc.), and we also added the most popular cryptocurrency – Bitcoin. Our plan is to attract more bettors by allowing them to use major cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash (DASH), and more. By doing so, we will not only broaden our client reach but also contribute to developing cryptocurrencies as an instrument for payments and betting. As expected, this new feature will use Blockchain technology to guarantee maximum security for every user, and make the gambling experience even more exciting.
Security
Customer security - both in regard to money and private information - is a TOP priority for us. To prove that, we are proud to share with you VitalBet's achievements:
- Since the platform was launched, we have not experienced any serious failures.
- We regularly undergo security audits.
- Not a single dollar has been lost by our users due to hacker attacks.
- VitalBet provides honest bets without any hidden restrictions.
The Gambling and Sports Betting Market
The following features typically characterize the global online sports betting market: Large market size and top phase of growth. Seasonality of most sports - high season during world sports events (FIFA World Cup, for instance) or low season during the summer.
Big initial costs for entering new markets, mainly owing to expensive licensing and costly promotion campaigns. The large market share is attributed to a limited number of sports, such as soccer, horse racing, basketball, cricket, and greyhound racing. Illegal nature of sports betting in a number of Asian countries, including the enormous markets of China, India, Hong Kong, and South Korea; the entire market of sports betting is $1.5+ trillion, out of which legal betting (check the figure above) represents less than 20% of the total revenue.
Roadmap
The 11 Steps to Our Mutual Success
After the ICO has successfully ended, our Legal Department will create a new joint-stock company to guarantee your
rights to shares from the new company. VitalBet will be part of this new company.After the success of the ICO campaign, we will be able to expand the Team with New, Highly-skilled Professionals, which will help us for the quick growth and development of the project.
We'll immediately start working on the New Design of the website, which will help us to better entertain the current and new customers with the best user-friendly experience.
After we finish and release the new design, we will create the smartest and most innovative Mobile App in the betting industry, which will help us to engage with many new users.
Entire new update of the Affiliate Program – with the most attractive promotions and commissions in the betting
industry.We will add all popular Cryptocurrencies as Betting Options and Payment Methods (deposits and withdrawals), which will make us stand out from the competition in the gambling niche.
After we successfully enhance and upgrade our betting platform, it will be time to further popularize and establish the
Brand VitalBet, using the most sophisticated marketing campaign techniques.Parallel to the marketing campaign, we will start an Advertising Campaign in strictly targeted channels used ONLY for the promotion of betting platforms and gambling companies.
We will apply for Licenses in the most attractive countries, which have strict requirements and regulations, so that we can freely and legally operate on their already developed markets.
After accomplishing all previous goals, we will release another major update - VitalBet v.2.0 - with many new extras and
functionalities, which will make the website one of the most appealing to gamblers worldwide.When we start the initial waves of the marketing and advertising campaigns, we expect the users to grow exponentially at a very rapid pace. Our expectations are to reach 100% user growth in the first month, and 500% in the first six months.
For more information, visit:
Website:
Whitepaper: http://gifcoin.io/GifCoin-WhitePaper.pdf
Twitter: https://twitter.com/gifcoin_io
Facebook: https://www.facebook.com/gifcoin.io
Telegram: https://t.me/gifcoin
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173