RACOIN: Introducing Blockchain Technology to the Gambling Industry

Prior to the year 2018, the gambling industries has kept people in anticipation and are expected to surpass an estimate of $60billoin dollars. Research has shown that mobile gambling was up to 75% year over year and mobile gambling made up about 25% of overall gambling. Many governments have approved casino gambling industries because they see it as a means to grow their economy through the provision of employment, costly tax revenue to the government and growth in local retail sales and it's also increase the fiscal pressure on the governments, the fear of lost revenue in the states and the attitude of the people has led to the acceptance of gambling in 1988.

However, there is a still a missing point which is transparent, no one is sure of the platform which is safe, honest and trustworthy to gamble. Research has shown that about 1.4 million fake websites are being developed and launched every month. Likewise, many successfully online gambling site is at risk of being hacked by fraudsters looking to take advantage of unsuspecting gamblers. Although many of the gambling sites are very honest and they are with reputation, but the industry lacks a means for a player to verify the reputation of the site.

In 2018, many companies have begun to search for how the blockchain technology can be used to solve the transparency and security issues lacking in gambling industries. This is because the application of blockchain will provides the players with the assurance of where their money is going and that their results would be generated fairly.

In respect to the demand for a native unified blockchain technology that can fully meet all needs of the global gambling industries. Racoin has built a cryptocurrency that answers all. Now, let me brief you about Racoin, and find out what's so spectacular about the platform.

Racoin is developed by RA Entertainment Inc. and It is a high-tech industry focused on expanding blockchain technology and developing an advance user interface, in the recreation and entertainment industry. Racoin concentrates on building and rendering efficient and affordable solutions to both online and offline levels of interaction in the gambling industry. This is achieved through the use of blockchain technology and big data, artificial intelligence, and all other necessary innovation needed.

Hopefully, by employing the blockchain technology, Racoin will be able to solve core problems which includes, enabling gambling industry bets on the blockchain technology by creating an ERC20 token which bridges the gaps encountered in the traditional gambling industry. Racoin works on the ethereum smart contracts, as this is the only way to meet the compliance with ERC20 standard.

I find it interesting that users can still benefit if they decide to use Racoin either offline or offline. Huge discounts, Free and exclusive services are some of the benefits that token holders will derive if they use the racoins offline. If an holder decides to use it while online too, he can withdraw his cash out by paying very low fees, protect his identity by being anonymous and enjoy the infuse of the blockchain technology in the Jackpot section. The Application will soon come online.

Racoin is is a cryptocurrency that is available for purchase. You can also sell it or exchange on the open market which has been trading since 22/03/2018.

Token Holder are eligible to use Racoin to pay for their goods and services in hotels that will collaborate with RA Entertainment corporation. Racoin can also be used to pay for both online and offline betting and many gambling industries. Immediately the token sale ends, holders of the RA token can use the token to participate in online gambling.
Once the platform itself is launched, users can also use the token on the platform itself. Eventually, the token can actualize its real reason for existence and finally be used all over the workplace in all casinos and hotels.

In conclusion, Racoin has many potentials that will be beneficial to the gambling industry as well as New world complex . Since it will also be used for online payment in all gambling platforms and can also be utilized as offline payment, I see It as a platform with a bright future that is worth investing.

How to play game in the wallet

THE TOKEN INFORMATION
Token Symbol: RAC
Token type: Utility
Token Standard: ERC 20 Compatible
Token Total Supply: 20, 000, 000, 000 RAC
Exchange Rate: 1 ETH = 100, 000 RAC
PRE-Sale Amount: 3, 000, 000, 000 RAC
Token Sale Amount: 5, 000, 000, 000 RAC

Games
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Funds Distribution

Partnerships

Team members
The team has a group of experts in their means with a great successful track record.

Advisors
Advisors are also as important as the team members when we consider how successful a project will be in the long run

Every successful project needs a well detailed roadmap to serve as a guideline and a check in directing the plans for the project . See the racoin’s project roadmap below.

For more information on the Racoin project, visit

Website: https://racoin.io
Whitepaper: https://racoin.io/pdf/racoin_whitepaper_eng.pdf?ver=20180523
Twitter: https://twitter.com/RAcoinNews
Facebook: https://www.facebook.com/RAcoin-1348409231971565/
Telegram Group: https://t.me/racoinnews
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3177504.new#new

Author: Cryptoboss12
Author’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1954514