RACOIN PROJECT TO TRANSFORM THE GAMBLING INDUSTRY.

damselbaby01 (28)in #cryptocurrency • 6 years ago (edited)

Gambling industry applies to any commercial entity actively engaged in the promotion or sale of gambling services, whereas Gambling itself is the wagering of money or something of value on an event with an uncertain outcome and with the primary intent of winning money or material goods.

People find gambling to be so attractive and very easy because there's always a chance or possibility of making millions of naira from it while sitting comfortably and place your bet at your home or at any gambling center and wait for fate to decide its course. But despite all these there are still issues facing the traditional which creates fear and doubt in the minds of gamblers in the gambling industry such as;

Fraudsters/ scammers in the gambling industry, this is a situation whereby a person places a bet online with the hope of getting the money after winning but the reverse might be the case.
Restrictive regional laws; whereby some places over the world stops people from gambling because it is seen as illegal
lack of security in the gambling industry.
High cost

All these and many more causes damage to the gambling industry which makes people to be scared of gambling again.

These problems are the reasons why the group of experts known as RACOIN made it a point of duty to bring the blockchain technology into the traditional gambling industry to change the industry to be more user friendly in every area.

By bringing in the blockchain technology in the industry it will help to reduce cost, it will help to participate in the jackpot implemented by smart contracts na d also to create a transparent gambling system.

ABOUT RACOIN

Recoin is a platform that is developed primarily around the currency industry and can be used in traditional gambling.

RAcoin is also a project that is out to make the blockchain technology an essential part of the traditional gambling industry and reach maximum audience to distribute RAcoin as a properly featured gambling cryptocurrency.

RACOIN TOKEN

RAcoin is a token for the cryptocurrency lovers who are also gamblers, and is also a cryptocurrency that you can buy, sell or exchange on the open market which has been trading since 22/03/2018 and it uses the symbol RAC. The first usage of Racoin, is ready to go as soon as the token sale is completed. the tokens will be ready to use after about 3 months after the token sale.

CONCLUSION

With the help of blockchain into the gambling industry, the industry will be revolutionized to a new dimension which will be of good benefit to all in the gambling or gaming industries.because of this I urge everyone to participate in this project and also purchase the tokens to help this project to actualize its purpose and plans.

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