Joy tokens- pleasure tokens for the video game players and developers.
Joy tokens are providing an autonomous decentralized recreation platform using blockchain innovation for versatile video gaming experience. It is an online gambling platform such as casinos. Unlike other fraud gambling websites, it provides a trust worthy complete transparent ecosystem which is operated by codes to reduce the risk of frauds. To make this happen they use RNG generator which provide safe place for liquidity sharing for developers, players and casinos owners Joy tokens attracted huge audience because of extensive advertisement of exciting games hosted on Storj/Sia/IPFS. It works on the principle of smart contract which keeps the record of everything on its blockchain. Every joy token have full control over their token’s wallet. Their infrastructure is quite simple and consists of above mentioned RNG (random number generator), blockchain layer (manages tokens games and verifying RNG) and smart contract. Joy gaming blockchain have no control over E-wallet of any of the user, one own the token every time until they bet it. So the player lost video game the tokens are taken from his wallet & will be credited to the game developer and the joy gaming platform. The proportion of division is already decided. Joy gaming works in order to enhance the client’s experience and make it secure, reliable with variety of games. No third party is included in token management & gaming.
The answer of the question that how the principle works is that first of all the client chooses a game and number of token he wants to use, and within 15 seconds the server proceeds the game after the verification of transaction process. Whenever the developer introduces a new game, the experts check the security and standard of the game followed by game testing via smart contract and finally game is launched.
Joy token is Ethereum based ERC-20 token. Joy token can be exchanged only for BTC, ETH and Wire transfer. The soft cap consists of $1 000 000 and hard cap consists of $46 340 000. There are total of 700,000,000 joy tokens which are distributed as 20% in pre-sale, 10% for reward pool, 12% for founders, 3% for Fund raisers, 2% for bounty program, remaining 30% have been already sold during ICO and 23% have been sold on the platform as well. Crowd sale is going to start on 20th of March 2018 for 31 days. For further insight and information about the project please visit whitepaper, ANN thread and telegram.
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