Truegame ICO — Online Game Based on Blockchain
Entertainment; a means by which we relieve stress and for some a way of enjoyment and expression. Some enjoy watching tv, chatting with friends, seeing a movie, talkshow, sporting activity and so on, while others enjoy playing games and to crown the thrill and excitement they gamble. The gambling industry is a an industry with never ending tussle of winnings, losses, highs and lows; it has seen many ups and downs in recent years. They have also seen the interest of players shift to the more sophisticated games where players have more choices. The online market for gambling is estimated to be 44.16 billion dollars in 2016. It is expected to reach 81.71 billion dollars by 2022. The internet have redefined the market in a way that no could have imagined, and cryptocurrency is now even broadening the horizon making possible the impossible. A large number of Players are joining the online channel since it is easily available in the market. online Gambling market is one of the fastest growing markets because of the skyrocketing rise in the mainstream adoption of the use of the internet, there is hardly anyone without access to the internet and the functions it provides.
There are various challenges associated with the gambling industry, such as lack of trust among players on casinos and it’s platforms, cheating or refusal to pay out winnings; among others. Players don’t know the integrity of the platform and this creates a room for distrust. The challenges associated with the gambling industry has to be solved progressively; as its said Rome wasn’t built in a day, so for the further progress and growth of the industry I introduce TRUEGAME.
WHAT IS TRUEGAME?
Truegame is one of the betting platform that are working on blockchain-based yet it is the first of its kind that figure out how to completely functioning iGaming venture that got to a great degree positive remarks from the group. Truegame is an online clubhouse that can work in a robotized, exceptionally straightforward to the clients and secure way can procure moment believability from the betting group. What is the one of a kind about Truegame, is that clients can play in excess of twelve of amusement online(cards, lotteries, prize draws and you named it). Indeed, even the private deal has officially shut, such a large number of financial specialists still need to add subsidizing’s to their records to profit the deal. TRUEGAME is solving the problems of the gambling industry.
It’s of high probability that you haven’t heard about them, the project is made by a team from Russia. Below you can read the analyze (including also their weaker sides) and decide on your own, do you want to send some pennies to the pot. The analysis I will present consists of 13 parts, and each of them shows this project from different angle. I will judge the website, project, team, hype, whitepaper, token distribution and many more. So, let’s get started!
THE TRUEGAME PROJECT
The idea of Truegame is to become a platform for online gambling. The team proudly call their project as iGaming platform that aims at providing reliable and trustworthy service where gamers can in real time track and play the most popular games — like slots, lotteries, scratch cards, get giftboxes and even win lotteries with huge Jackpots. They need ICO to invest in the already existing working product — the website with games — and to attract more gamers. online gambling seems to have a blooming time, the same as a crypto currency market.
THE BRAINS BEHIND TRUEGAME
There are 19 members in the team, including reputable and experienced advisors.
Dmitry Danilov — the founder and CEO of TrueGame, has 15 years of experience in online sales.
Denis Snitserev — he is an affiliate marketing guru, the best webmaster on Admitad — the biggest ad network.
Dmitry Shchuvatov — CMO, who over 10 years worked with different gambling resources.
The strongest points of the platform are:
security that is achieved via smart contracts;
multiple benefits for token holders;
regular lotteries with Jackpots for users;
the fully integrated platform allowing adding any game, payment system, etc;
THE BETTING MARKET// HOW TRUEGAME AFFECTS IT:
The betting market is a market of never ending tussle of gains and losses, highs and lows. with the use of TRUEGAME the market can be reshaped like never before through the innovative technology of blocking and smart contracts, the problem of players confidence in casino will be a forgotten issue. the game algorithms and random number degeneration are open both the game and the distribution of the winnings occur in an independent environment of the blockchain and neither side can interfere in this process. TRUEGAME provides full transparency as the funds are contained on a smart contract that automatically pays out winnings without participation of the game organizers. anyone can check the size and availability of the jackpot.
What is ICO and Cryptocurrency?
ICO is crowdfunding via use of cryptocurrency, which can be a source of capital for startup or existing companies. In an ICO a percentage of the newly issued cryptocurrency is sold to investors in exchange for legal tender or other cryptocurrencies such as Bitcoin.
Why you should invest on Early Platform?
Early and existing companies might worth extremely low and have huge potential to fast-growing. Smart startup companies today can scale up hundreds of time faster than they could just a few years back. There’s never been better time to invest. This opportunity now available not only for venture capital or institutional investors, but for retail investors and for you too.
WHITEPAPER
The link beow shows the whitepaper made by the Truegame team, it answers all questions you might have. It is well made, with a definitive, compelling graphic, and clear structure. See it here(https://ico.truegame.io/docs/whitepaper_en.pdf)
ICO INFORMATION (https://ico.truegame.io/)
300,000,000 TGAME Tokens are issued for the project in which 70% is reserved for the ICO. Token Presale stage one is currently live on the platform. There are other two stages for the Token Presale. The main sale of the Tokens starts to form the 16th April 2018 and continues until 30th April 2018. 45% of the funds collected from the ICO will be utilised on the player acquisition while 33% will be spent on the jackpot. The team is experienced in the sales and marketing.
Private sale: will happen from February 10 till March 04 of 2018. Anyone who is able to pay the minimum investment of 5ETH can join the private presale (the registration in the whitelist is required). The expected hard cap is 31,450,000 TGAME. During this stage, the token price will be estimated in such way: 1 ETH = 18,500 TGAME (along with the 100% bonus included).
Pre-sale: will happen from March 05 till April 15 of 2018. The minimum investment per person is 0.2 ETH. During the first week of the pre-sale you may receive the bonus up to 40% to a price of the main crowdsale, during the next weeks the bonuses will decrease from 30% to 20%. The price of the token will also decrease from 1 ETH costing 12,950 TGAME till 11,100 TGAME with included bonuses.
ICO (main crowdsale): will happen from April 16 till April 30 of 2018. The estimated price of the token will be: 1 ETH = 9,250 TGAME. The minimum personal investment is 0.1 ETH. The bonuses will vary during this stage. More details about all bonuses on different stages catch in the whitepaper (p. 23–24).
Besides the stages, the tokens will be allocated in such way: 15% to the team members; 4% — to advisors; 10% to the reserve fund and 1% for the bounty campaign.
The funds raised during all sale stages will be divided: 33% for funding Jackpots; 45% for attracting new players; 12% for the further development and 10% for the legal support.
WEBSITE : https://ico.truegame.io/
For now it is also available only in English. you can also find the same video on their youtube channel.
https://www.youtube.com/channel/UC-NLPf7AAn6sFxOiH1GFI4A
DISTRIBUTION AND TOKEN USAGE
If we talk about the expected funds distribution (counting pretty high hard cap — 9 000 000 USD), 1 080 000 USD will be used for platform update and creating a mobile application (12%). 4 050 000 USD will be used for marketing and advertisement campaign for Attracting players (45%) . 2 970 000 USD will go for the Jackpots (33%) and 900 000 USD will serve as a legal agreements in different countries (10%).
ROADMAP AND DEVELOPMENT PERSPECTIVE:
One of the most obvious pluses of TrueGame is a very detailed roadmap that even has a separate page. Also, the team specifies what goals were achieved. The developers described the monthly goals up to the first half of 2019. During the first half of 2018 the team plans to have two stages or pre-sale and main crowdsale, release the mobile app on Google Play, have BTC, Litecoin, Dash, Dogecoin, fiat integration, run the blockchain ball lottery and crypto millions lottery with 1 million USD as Jackpot per each draw. They will also launch the referral campaign at some point during this period. More games will be added during Q1-Q2 2018.
Conclusion:
The group of TrueGame accepts and makes everything conceivable to expand the cost of its token and upgrade its liquidity. The sooner you will bolster the task by purchasing its tokens, the better value you may expect alongside rewards. The idea of the venture is exceptionally helpful and possibly extremely productive. In spite of a fair measure of contenders, TrueGame offers the working item at the present time so you may begin getting benefits as a financial specialist or client soon. Unquestionably, TrueGame is suggested for the here and now and long haul investment — the group portrays the advantages for each kind of speculator ideal on the principle page of their site. The state of mind to the venture is sure. For me a Truegame is worth to invest, firstly because of the field (gambling), secondly because of the already existing revenue on its working iGaming platform. I do not thing it will be a rocket to the moon with a splendid income after couple months, but I am pretty sure it will bring a nice percent in couple years perspective.
AUTHORED BY:
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ETHEREUM ADDRESS: 0x9124dA55DFe6d7d43CB9f8f263e39688EbdcaF6C
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