DREAM PLAY: A Classic Online Betting System

‘Gambling’ or ‘Gaming’ is one of the fastest ways to make great fortunes. Gambling includes Casino Games, Sports Betting, Bingo and Lotteries. Out of these, sports betting is considered very popular amongst players and leading the market volume. Millions of people around the world have come, played and walked away from traditional casinos with plenty of cash and living happily. The shifting of traditional gaming to online gaming had pronounced effects on market volume in terms of market capitalization as volume has been forecasted to reach US$ 51.96 billion in year 2018 from US$ 20.51 billion in 2009 and is expected to reach to US$ 59.79 billion in year 2020.

Traditional gaming at casinos has its own disadvantages/ issues. One of the biggest issues is the fairness in the game as various gaming machine being utilized in casinos have been built on complex gaming logics which favors the casino; therefore, players lose their hard earned money. In addition, it is very difficult to produce evidences against these well netted casinos, in case unfairness has been spotted, resulting lengthy legal battle. The answer to these issues is online gaming built on blockchain technology which allows a player to choose any gaming means at its own will, as fairness is guaranteed, and earn money which will be transferred to his account instantly. The blockchain technology backed by smart contract also helps in tracking every action performed on the platform by each end and helps in tracking unfair means, as every action performed online are recorded and impossible to be erased (https://dreamplay.io/).

Considering the present market volume and future prospects of online gaming, DreamPlay Platform is being developed and will be introduced to provide valued customers with top of the line gambling platform, allowing high degree of fairness, low transfer fee and instant transfer of cash. Traditional means takes days to transfer money and has checks/ balances and enquires from government agencies; however, DreamPlay platform will ensure transfer of money with in no time without any checks by these government departments. DreamPlay platform possesses many unique features to facilitate the customers; which includes partnership program offered to onsite casinos and players. VIP Players are entitled for VIP services of partnered Casinos as DreamPlay Platform has already partnered with the many prestigious casinos of the world. DreamPlay platform is being developed by DreamPlay Foundation which will only accept cryptocurrency for online gaming. The world cryptocurrency market has risen to US$ 600 billion in Jan 18 from merely US$ 17.7 billion in 2017. Phenomenal rise in use of cryptocurrency has potential to surpass traditional currencies in years to come (https://s3.amazonaws.com/dreamplay/whitepaper/DreamPlay_WhitePaper_v1.1_final.pdf).

DreamPlay Application will include all major gambling games including online lottery, sports betting, casino games, bingo, etc. DreamPlay Application will also allow online players to initiate own betting games using smart contract and invite other players to participate. In a nutshell, DreamPlay model integrate and establishes safe and secure horizontal and vertical linkages between Players, Token Holders, Third Party Partner and Land Based Casino. Furthermore, DreamPlay revenue model has been simplified with revenue generation through official gaming application, third party application, player to player customized betting and partnered onsite casino. DreamPlay is a fully licensed platform from Philippines government where online gambling is legal. In Cambodia, online gaming is also on an ascending trajectory and is also considered legal. Online gaming is also allowed in various European countries such as, Belgium, Spain, Austria, Sweden, UK etc. (https://s3.amazonaws.com/dreamplay/whitepaper/DreamPlay_WhitePaper_v1.1_final.pdf).

To support DreamPlay platform’s visions in providing quality online gaming, requisite funds are required to be raised. Hence, DreamPlay Foundation has planned DreamPlay Token (DPT) which will be offered to public. Initial Coin Offer (ICO) has been started with effect from 10 Mar 18 which will be continued for 4 weeks. Tokens will be allocated as per agreed plan; 40% to 1st Round Private Placement & ICO, 20% will go for Team, 10% has been earmarked for Marketing/ Partner Support and finally 30% has been reserved for community building (https://s3.amazonaws.com/dreamplay/whitepaper/DreamPlay_WhitePaper_v1.1_final.pdf).

Road map commenced in 3rd quarter of 2017 with the conduct of feasibility study for DrеаmPlау Platform. Thereafter, during 4th quarter of 2017, discussion with рrоfеѕѕiоnаl casino ореrаting соmраniеѕ was held for partnership along with drafting of whitepaper with focus on business plan. In March 2018, ICO was launched for duration of 4 weeks. Future road map includes prеѕѕ-rеlеаѕе for DreamPlay prоjесt in Manila and Philiррinеѕ during Apr 18. Listing of DreamPlay Taken will be listed in multiple exchanges in 3rd quarter of 2018. The FIFA world cup will witness the launching of ѕроrtѕ betting ѕесtiоn of DreamPlay. Launching of games including remaining features of the application (poker, bingo etc) is planned in 4th quarter of 2018. 1st quarter of 2019 will witness the release of DrеаmPlау ореn API 1.0 to third party. Introduction of DrеаmPlау Taken (DPT) into оnѕitе еntеrtаinmеnt companies will be held in 2nd quarter of 2019. To learn more about road map, readers may visit DreamPlay websites (https://golos.io/ico/@themichaelmatch/dreamplay-the-first-licensed-gambling-platform-on-the-chain).

DreamPlay will have ‘Repurchasing Plan’ in which 30% of profits (in each quarter) will be utilized to buy back tokens from the markets in order to boost and strengthen DreamPlay Token price. Transactions made through buy-back will be recorded and conveyed on the blockchain. DreamPlay token bought through buy-back plan will be destroyed till minimum of 100 MM DPT are available. Upon reaching 100 MM DPT limit, the repurchasing/ buy-back plan will cease to exist. Thereafter, 30% of quarterly profits will be paid to DreamPlay Tokens holders as dividend (https://s3.amazonaws.com/dreamplay/whitepaper/DreamPlay_WhitePaper_v1.1_final.pdf), (https://golos.io/ico/@themichaelmatch/dreamplay-the-first-licensed-gambling-platform-on-the-chain).

The team of DreamPlay is highly professionals having requisite experience in relevant fields and working hard to make this project a success. The aim of DreamPlay team is to develop this platform which is easily accessible to customers/ players, have compatibility resolution mechanism, capacity to integrate other games as future growth margin; and have enhanced connectivity with land-based casinos. DreamPlay architecture is based on complex logics yet very simple and easy to understand by professional as well as non-professional players.

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Website: https://dreamplay.io/
Whitepaper: https://s3.amazonaws.com/dreamplay/whitepaper/DreamPlay_WhitePaper_v1.1_final.pdf
Twitter: https://twitter.com/dreamplay_io/
Telegram: https://t.me/dreamplay
Facebook: https://fb.me/dreamplay.official
Dreamplay Unique Numer: DREAMPLAY.IO#018