LIGER- Ethereum backed Betting and Wagering network

in #cryptocurrency6 years ago

Since the inception of the concept of time, Betting and Wagering has always been a favorite pastime. With the growth and evolution of technology, it is now a structured and very large Industry. Casinos are a great source of entertainment for mankind now. New games, shows, food and beverages add to the attraction of Casinos. The entire industry s taken over by tough competition With multiple Service Providers providing betting services. This development however, has impacted the trust factor between the Casino owners and Betters negatively.

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LIGER seeks to establish itself as the preferred mode of payment for Offline and Online Casinos, Fantasy Sports and Live Sports Betting Websites.

The Technology and Ecosystem
Their ecosystem consists of a platform powered by the trust and seamlessness of Ethereum Blockchain technology. The blockchain technology is peer to peer and gives secure and instant transaction between the payee and payer. They have implemented smart contracts to Stakes and Burn a portion of the Tokens corresponding to the Casino Wins. Some of the benefits to the users are that it provides a Unique Staking Mechanism where it ensures that there is fairness of outcome both in the Online as well as Offline space. The LIGER wallet will be a easy to use wallet with quick exchange of all currencies. Additionally, the LIGER app will facilitate participation in live gaming tables. All the club members will be subject to exclusive, niche, top of the line facilities in the top most clubs. The members will receive preferential treatment with exclusive access to entertainment which is custom made for them. The gamers will also be having their own Credit Ratings due to the fact that Financial Institutions viewing their spends in Casinos in a poor light.

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LIGER will tie-up with Offline Casinos to accept LIGER Tokens as a preferred mode of payment. In addition, LIGER will acquire 3-5 Offline Casinos and run them. the leading websites in the Gaming and Fantasy Sports space will be tied up for LIGER acceptance. They will do this by using white labels. But they will ensure that the games are developed in-house and be designed on the Blockchain. Smart contracts will be implemented to maintain the stability of Token prices in the industry.

ICO and token details
The entire token sale is divided into Private sale , Pre ICO and ICO. The private sale will begun from the 18 March, 2018 and will go on until 15 April, 2018. The PRE ICO will start from the 18 April, 2018 and go on until 16 June, 2018. The main ICO is between 17 June, 2018to the 01 August, 2018. The bonus structure is as follows:
• ICO Week – 01 25% Bonus*
• ICO Week – 02 15% Bonus*
• ICO Week – 03 10% Bonus*

Conclusion
Their extra emphasis on detailing has reflected so clearly n the platform. We have a clear role and responsibility detailed for each individual and department at LIGER to ensure that everyone is clear about their accountability. All of the process are (Quality Management System) QMS’ed and hence carry a great degree of quality. Do check out their website for more information,

Website: https://www.ligercoin.com/

Whitepaper: https://www.ligercoin.com/wp-content/uploads/2018/04/Liger-Whitepaper.pdf

Published By:karanj
Btalk Profile:https://bitcointalk.org/index.php?action=profile;u=1030341

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