NEOGAME - Project Review

in #cryptocurency6 years ago


Come together, we see our explanation of the NEOGAME project which serves as a Lottery ticket (TKT) both as a Lottery ticket and prize currency. The project is also designed to disrupt the non-profit gambling model.
The gambling business has always been based on a "house edge" - the principle that casinos or organizers always have an advantage. With the advent of blockchain technology, there is no need for organizers - people can gamble without intermediaries and claim their winnings without paying commissions. By launching Neogame, we begin this transformation process and believe that over time, most of the global gambling industry will adopt a non-profit model.
The Neogame project stands in contrast to traditional lotteries, and we want to show the world how blockchain can be a game changer.
Neogame is a lottery without a host. He has no third party owner or recipient. Once the project is launched, the team will lose control of the lottery, and the project will begin working as a decentralized autonomous organization (DAO), governed by a smart contract. Both the team and the holder of the token will be able to do it affect the algorithm or draw results, and none of the three parties will be entitled to dividends from the game. Neogame will not generate profits and, therefore, the profit of the token holder will only depend on the growth of the token value, which is tapped into the project logic.

What makes the Neogame different ??

Fully autonomous
Based on Ethereum's smart contract, the draw will be as long as the blockchain exists. No need for centralized management, it will only collect funds from tickets sold and distribute them among winners in accordance with a fair and clear algorithm. Neogame will not service beneficiaries: no one has access to their funds other than by guessing the WINNING lottery numbers correctly.
Jackpot Scalable
Neogame will function using Ticket Tokens (TKT) both as a lottery ticket and prize fund currency. Inventory is limited to 500 million tokens, and we will work to increase its value. When the token value grows, prize funds grow proportionally. If the token value increases significantly, the size of the jackpot can be very large.
Zero Commission
There are no lotteries in the world that offer such conditions for players like Neogame. This gives all funds raised to winners, while other lotteries usually leave 50% of funds for themselves and their projects. Besides that it is up to 7 times more likely to win the jackpot with Neogame compared to the most popular lotteries. This is fully anonymous and winners can take their prizes immediately.

Compare Neogame with the current market leader

Ethical mission
Organizations, and investments in gambling may come with certain ethical issues. It's no secret that many players become addicted to gambling, the social consequences of which can be arguably compared to drug or alcohol addiction. The development of online gambling worsens the problem because the game becomes more accessible. addiction can spend more time playing, and in the comfort of their own home. The intrusive advertising and customer service provided by casino operators makes it difficult to fight addiction, and strives to constantly attract problem players back to the game. According to the National Council on Gambling Problems, 1% of the US population suffers from pathological dependence on gambling, and up to 3% can be said to be a problem for gamers.
Neogame is completely independent of human control. This is governed exclusively by intelligent lottery contracts that autonomously call the logic of the game. Smart contracts save funds, manage images, generate lottery random numbers and give prizes in a completely clear way. Fill in the smart contract and all transactions are stored on the blockchain and easily tracked by anyone. The problem of gamers is the main source of money in the industry, and this will continue as long as gambling remains a profitable business. Non-profit blockchain gambling projects will
can gradually pressure profit-driven operators out of the market. After the game industry moves into a decentralized, non-profit model, the game will become more human - if the game is not made money, no party operator is interested in pursuing addicted gamers.
Using the Blockchain network
Ethereum and smart contract
Ethereum network
Making and changing Ticket Tokens, crowdsale processes, and in Neogame operations as lotteries is supported by Ethereum Network, a decentralized platform that runs smart contracts. That makes Neogame run exactly as programmed without the possibility of collisions, censorship, fraud or third party interference for the entire lifetime of the blockchain.
Token Contract
Ticket Tokens will be issued on Ethereum Network using the ERC20 standard token and compatible with wallets that support Ethereum based tokens. They are used in three different capacities: as tradable currencies, such as lottery tickets and pool prize assets. Supply of tokens is limited to TKT 500 million and no additional emissions are permitted by smart token contracts.
Crowdsale contract
Neogame fundraising will be held using smart contract crowdsale. Contributors will send funds, at Ether, to smart contract addresses. All assets collected on a smart contract will be frozen until the soft hat is reached. If during crowdsale soft cap is not reached, a smart contract will send all the money back to the contributors.
Lottery contract
Neogame is completely independent of human control. This is governed exclusively by intelligent lottery contracts that autonomously call the logic of the game. Smart contracts save funds, manage images, generate lottery random numbers and give prizes in a completely clear way. Fill in the smart contract and all transactions are stored on the blockchain and easily tracked by anyone.

Token specifications
Lottery will use its own cryptocurrency - Ticket Token (TKT) - which is based on Ethereum blockchain.
Ticket Tokens are utility tokens that have the following 3 functions:

  1. Lottery tickets. A player buys tokens, chooses a combination of numbers through decentralized applications, and sends tokens to lottery smart contracts.
  2. Assets that are part of the prize pool. That pool gift consists of Ticket token, and all the prizes are denominated in TKT. The prize pool is very easy to change as far as the token itself, which allows for the scaling of a jackpot size to be a price increase token.
  3. A cryptoasset that can be traded with predictable exchange rate fluctuations. TKT will be registered with a cryptocurrency exchange, and its value is expected to be volatile and subject to effects that can be traced to Token growth factors).

Smart Ticket Token Contract :
https://github.com/Neogame18/neogame-contracts/blob/master/contracts/Token.sol

Smart Sales Token Contract:
https://github.com/Neogame18/neogame-contracts/blob/master /contracts/Crowdsale.sol A smart

lottery contract draft5:
https://github.com/Neogame18/neogame-contracts/blob/master/contracts/NeoGame.sol

TKT tokens are issued under the ERC20 standard, and are compatible with wallets that support Tokens Ethereum based. This allows the project to function without interruption and without limits on the Ethereum blockchain, not depending on other external factors.

If you want to find out more, please visit the link below:
Website: https://neogame.io
Facebook: https://www.facebook.com/NeoGame11
Telegram : https://t.me/neogame_bounty
Twitter : https://twitter.com/neogame11?lang=ru/
Whitepaper : https://neogame.io/wp-content/uploads/2018/08/Neogame_WhitePaper-Aug18.pdf
Ann : https://bitcointalk.org/index.php?topic=4861898.msg43813589#msg43813589

Penulis : Letty sits
Link BTT : https://bitcointalk.org/index.php?action=profile;u=1856247
MEW : 0x822E5C6A30c4F19EAB048f957e4729eF56bCcA7F

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