TRUEPLAY: A GAMBLING BLOCKCAHIN PLATFORM

in #trueplay6 years ago


Trueplay is a platform for creating and supporting gambling projects. TruePlay is based on own use of WinCoin tokens (WNC), which will provide a complete set of Settlements between platforms. Trueplay is not a gambling provider, but only gives the project’s gambling license with access to the software(Software-as-a-service). TruePlay platforms to create their own projects, gambling companies receive a variety of solutions: Games integration, payment receipts, payments, legal support, technical support. Gamblers get full transparency of payments and 100% reliability of their games.

TruePlay offers to increase game speed through maintaining all transaction gambling logic on the server platform (offchain) and using blockchain as a FairPlay system by publishing there before the game starts just a hash of a series of previous game rounds made for sheme gamblers.This approach, in contrast to the transfer of early RNG or seed mechanisms in the blockchain proposed by other projects in one form or another, allows:
• simplify understanding of fairplay models for gamblers
• Apply a well proven method of generation of random numbers in the platform
• eliminating the possibility of disrupting RNG operations by intruders.

The impossibility of altering the data in the blockchain will not allow the agency to falsify the results of the game, and the impossibility of reversing serial cryptographic hash ensures the security of the platform (it is impossible to get the series from the hash in a reasonable time). This set of solutions makes it possible to get the highest speed game, to ensure invariable results of betting rounds for gamblers, using certified in accordance with industry standards.

A huge plus of TruePlay- The decentralized register on which the platform is based. This in itself should attract the attention of a large number of members of the gaming community to the project. After all, the platform of gambling, where all the data is absolutely transparent and accessible to any participant, should become a real paradise for players, operators and affiliates and game providers.

Everything described above becomes possible also thanks to its own token of the TruePlay platform called WinCoin (WNC). The WinCoin token will become a means of calculation within the TruePlay system . By means of a token, the platform solves not only its own needs in the internal unit of calculation, but also attracts the attention of holders of the crypto currency — a sector that has been very little involved before in the gambling segment.

TRUEPLAY BASED PROJECT
TruePlay provides the owner of a future casino with a complete set of solutions with integrated games.
The owner of a TruePlay-based project deposits the amount in WinCoin (token project) on the balance to ensure the Settlement. Deposits from gamblers are credited to the same balance, and spend money from the second on payments to gamblers, payments to affiliates and game providers.

BENEFITS OF TRUEPLAY FOR PROJECT PROJECTS:
• Games do not have to pay to integrate into your project
• The possibility to receive payment worldwide where it is legal
• No need to control financial flows, enter into contracts with payment systems, provide financial support to customers.

SECURITY
Series of rounds are stored in the platform only in the encrypted data stores and are never stored or transmited in an
open form.
The acknowledged industry standard (AES-256 and better) is used for encryption.
All data transmitted between the data store and the platform are secured with the use of SSL at the network level.

SOLUTION FOR GAMBLERS
Due to its transparency and the fundamental impossibility to change the recorded data, the blockchain
technology helps to solve the problems outlined above:
• The blockchain-based solution allows the gambler to trace the entire transaction history and the availability of funds in wallets of the institution that are sufficient to pay out winnings
• Independence of the result from the bet made by the gambler: the preliminary generation of a series of game rounds before the game starts with storing its hash in the blockchain allows to guarantee the invariance of the results of the gambler’s bet for the gambler
• Verification of each round: so that the gambler does not have to rely on the honesty of the institution during the game and does not check the results postfactum, the hash of the next round is optionally available for him in the game in each round even before the bet is made
Automatic withdrawal of funds gives the gambler a guarantee that the gambling project will not withhold payouts.

TOKEN LOGIC
TruePlay is based on the use of its own WinCoin token (WNC ERC20), which will provide a complete set of mutual settlements between all platform participants.
Casino owners will use the token to form their bank to effect settlements with gamblers, affiliates and game providers. Gamblers use the token to make bets, deposit and withdraw funds. This ecosystem of mutual settlements will allow to create an open and transparent history of payments and mutual settlements accessible to all participants. It is planned to integrate the possibility to buy tokens for cryptocurrency in WinCoin Wallet. In the future, it is planned to ennable the possibility to buy WinCoin for fiat money. It is also planned to place WinCoin on affiliate exchanges.
It is planned to integrate the possibility to buy tokens for cryptocurrency in WinCoin Wallet.

In the future, it is planned to ennable the possibility to buy WinCoin for fiat money. It is also planned to place WinCoin on affiliate exchanges.
TruePlay implies the participation of WinCoin in the full settlement cycle:
WinCoin Wallet will be a WinCoin store, in which the user initially registers and which is used at all stages of mutual settlements:
• Uniform registration of all users in WinCoin Wallet
• In order to ensure the speed of mutual settlements, depositing and withdrawal in the casino will be carried out instantly on WinCoin Wallet
• The instant authorization of the gambler in the CASINO will be made using WinCoin Wallet (the gambler does not need to register in the CASINO, it’s enough to be the owner of WinCoin tokens).
The total emission of tokens will amount to 70,000,000.

MVP implements:
WinCoin Wallet (https://wallet.trueplay.io) :

  • Authorization and registration
  • Overview of the wallet status, balance, transaction history
  • Purchase of WinCoin for Bitcoin and Ethereum
  • Transfer of WinCoin to another wallet
  • API for automatic authorization using the wallet in any project connected to the platform
  • API for automatic depositing and withdrawal of WinCoin in any project connected to the platform

TOKEN SALES

https://trueplay.io/WinCoin Early Sale
1300 WNC / 1.2 ETH
Stage 1 of WinCoin Token Sale
1200 WNC / 1.2 ETH
Stage 2 of WinCoin Token Sale
1100 WNC / 1.2 ETH
Stage 3 of WinCoin Token Sale
1000 WNC / 1.2 ETH
ETH
WinCoin Wallet

  • WinCoin Wallet core has been developed
  • ETH receipt has been enabled
  • BTC receipt has been enabled
  • Smart contract for the release and management of WNC and Backoffice for smart contract management
  • API for deposit and payout with WinCoin Wallet in the casino has been developed
  • WinCoin Wallet user interface
  • User registration/authorization
    API for authentication in external projects using WinCoin Wallet has been developed

Links:
WHITEPAPER:https://trueplay.io/docs/ru/TruePlayWhitePaper.pdf
ANN THREAD:https://bitcointalk.org/index.php?topic=2771636.0
WEBSITE:https://trueplay.io/
TWITTER:https://twitter.com/TruePlayinfo
FACEBOOK:https://www.facebook.com/TruePlayInfo/
BTT PROFILE: https://bitcointalk.org/index.php?action=profile;u=1279177

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