Joy Token: Revolutionising Gambling

slhe (29)in #cryptocurrency • 6 years ago

Most of us prefer to spend free time by playing games. Gaming industry provides people with various choices, every person on Earth probably can find a game due to his preferences. But what do we know about the development of games? Today we know about the existence of huge, worldwide known development companies, most of the gaming market contain their products. What about small developers? How they manage to survive in competition with the world's biggest businesses? Well, it is almost impossible for them to prosper in these conditions. A project, called JoyToken may change the current situation.

What is JoyToken?

It's a platform which uses blockchain to create comfortable and trusted ecosystem for game developers, players, small and large casinos. Joy Token wants to introduce small developers and new casinos to a world of games since they can't compete with huge gaming companies which rely on advertising. The technology used in this project gives an opportunity to connect developers and creators of software, it helps players and casinos in reducing the risk.

What problems JoyToken seeks to solve?

As it was already mentioned, new developers face difficulties in a competitive market of the gaming industry. Creating new games, generating interesting ideas is a difficult and long process. Working in an environment which creates obstacles for implementing different ideas is very tiring. Moreover, creators of new content receive low income, integration of new games is confronted by regulatory requirements.

Only in rare cases, huge businesses hire smaller developers, since they already have development departments where thousands of specialists work. It is impossible to compete with them. When small developers create new content and release it, they receive low income because of the lack of resources to use such means, as the advertisement for the popularization of their apps and due to the inaccessibility of gaming platforms. Consumers don't realize that they have an alternative since gaming market is overloaded with ads used by huge companies.

Players of such resources, as casinos, trust only widely known providers. This is logical, no one wants to lose money using suspicious or unknown resources. This fact forces young casinos to spend huge loads of money on advertising, so that users may trust them.

JoyToken presents a solution to fix these problems. Consumers believe only those, who offer clarity concerning the process of online gambling — this is a reason why JoyToken used blockchain technology in the creation of a platform. This technology may help in improving confidence within the gaming industry. The platform offers a transparent system for players to use, they can be confident that the games they play are fair and safe.

How JoyToken works?

It helps developers to create new content using their platform, games are operated on a blockchain back-end through smart contract. It eliminates risks of frauds — data is documented within a blockchain. This means that players may trust that content is operated exactly as defined by inventors. Moreover, content creators have a direct connection with casinos so they may provide straightforward access to their content and products. If a player is concerned with an absence of reputation of a website, this is counterbalanced by the evidence that everything is documented on the blockchain, plus all content has to be approved by Joy Token system.

Platform helps in integrating new games and software. It provides players with a bigger range of fascinating games and casinos. For developers all these features are accessible:

From now on, integration of newly created games will become a simple process. Game development system was tested by Joy Gaming network.
Payments are directly sent to developer's bank accounts.
JoyToken claims that all the regulatory requirements are satisfied by JoyToken.

Summary

JoyToken grants developers an opportunity to create new content without worrying about regulatory details. Now small inventors, casinos, software creators have a chance to compete with huge businesses since they no longer are dependent on advertising. JoyNetwork provides its users with a totally transparent environment that can be trusted by players and developers.

Players will have an opportunity to observe and use the new interesting content. They can be sure, that all games provided by the platform are safe. Blockchain technology has never been used in the gaming industry, this idea can open new possibilities for the gaming market, players and developers.