MOG B.V. : TRANSFORM THE GAMBLING INDUSTRY
Hello All,
THE ONLINE CONSULTATION FINALLY FOUND
Online gambling is just a land-based game available online. The first online casino was launched in 1994, this means we have had 24 years without much innovation in the gambling industry. Yes, there are new games that are launched all the time, but these are mostly new skins on old game machines. Online gambling is actually a dinosaur, not a business that utilizes the incredible technology that exists today.
MOG has a different approach. We want to change the world of online gambling. We offer fair and transparent gambling. We remove land-based limitations from online games, why, for example, online poker is limited to tables of 10-12 people? Most gambling companies claim to have 96% return for their players, when in fact they pay back 50-70%. MOG charges a fixed fee of 5% for most of our games, and 5% on marketing, which means 90% is paid back to players. This is not a theoretical salary, this is what goes back to the player for every game.
We have chosen to start with the lottery game as this is the key to becoming the largest online gambling company in the world. The total turnover of $ 110 billion spent on land-based lotteries will move online within the next 5 to 10 years, why queue to buy lottery tickets when it comes online? The lottery also has a bad pay out, in most cases 50%, with MOGs returning close to doubling, obviously where people will want to play.
Lotto Poker is a combination of poker and sweepstakes, contrary to a standard lottery that you can not select with your number, this is allocated, in the same way as cards are handled in poker. Players are divided into groups of up to 100 000 tickets, each group always has one winner. The winner of the round then competes for the grand prize in the final round. Half of the tickets will win a free ticket for the next draw.
This game has a tremendous chance. More than 50% will win prizes, because tickets are free. The initial round has a maximum of 1: 100 000 chance of winning an important prize, which is much better than any other lottery in the world. The winner of the round then competes with a much better chance of winning the grand prize.
Quick Draw Poker is the largest poker table in the world, in its first version. Each ticket is handled by hand, the best hand wins the round. Like Lotto Poker 50% tickets get free tickets, free round tickets are played straight after the initial round, and the game keeps running until all free tickets are played.
The number of winners depends on the number of rounds; Typically, each draw can have 5 to 20 rounds (depending on the number of tickets sold for the draw).
The concept of this game will be launched as a game with additional features, which will turn it into a more traditional poker game.
MOG TOKEN SALE
With a vision to create a fair and transparent gambling business, where the player's interest comes first, it is a natural step to add blockchain and to use token issuance as a fund-raising tool to enable MOG to change the online gambling world. Our goal is to raise 7.5 million euros which will enable us to develop a state of the art gambling platforms, create more unique games and to build MOG into a well-known gambling brand.Token price: 0.5 euro
- 20 million tokens to be issued
- 15 million tokens available (75%)
- 3 million tokens will act as prize pool guaranties. Locked for 24 months (15%)
- 2 million tokens are held in reserve for future unknown costs. Locked for 12 months (10%)
ROADMAP
Achieved
2009: Initial funding to develope and test the game concept
2010-2012: Patent application process (USA)
2016 JANUARY: Developement started on the first version of the MOG gambling platform
2016 NOVEMBER: Gambling licensens awarded, Curacao Gaming Authority #1668/JAZ
2016 DECEMBER: The first game, Lotto Poker, launched successfully
2017 MAY: Second MOG game launched, Quick Draw Poker
2017 OCTOBER: Blockchain process started, leading up to our token offering
Work in progress
2018 MARCH: Work on the new gambling platform with blockchain technology will start
2018 JUNE: Launch of the new platform is planned
2018 JULY: Start to develope a range of casino and poker games based on our gambling concept
2018 SEPTEMBER: MOG will launch the worlds biggest poker table
2018 NOVEMBER: MOG will launch its unique casino and games
2020: We expect to have one million players
2023: Our goal is to generate 1 billion euro in annual revenue
2025: MOG will become the worlds biggest online gambling company
For More Information:
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Author: SanZoldyck
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