Decentralized Quizando platform is a project that combines different types of quizzes and lotteries within one resource. Thanks to modern technologies, Quizando offers to participate in quizzes of various formats and types, where everyone will choose the level of competition based on personal preferences. The potential market for Quizando is estimated in billions of dollars. Only Facebook has 200 million English-speaking users who regularly participate in games. Quizando erases the language barrier and offers quizzes in all popular languages of the world. Currently, the French and Spanish versions of the platform are under development.
Quizando beta testing showed that an average player spends about $100 a year to participate in lotteries. This means that the global market for the platform can easily reach $60 billion in the near future.
https://quizando.io/
Key features of Quizando
Quizando project is a comprehensive list of quizzes and lotteries, where each player can receive real money for participation. Now three types of games are available on the platform - classic games with division into teams, individual ones, and games for the winner. After the crowdsale is completed, the list of available games will increase.
Advantages of Quizando
Quizando project offers active users to make money in Quizando Live mode. The essence of this option is that a user can start own lottery among subscribers at any time in the online mode using video communication. Quizando and Quizando Live unites those who conduct quizzes and those who play them. Few other platforms can offer similar levels of interactivity in terms of competition and direct contact. As it progresses, Quizando project will be completely moved to the blockchain platform.
The platform’s goal is to build a single Quizando platform that unites people all over the world who love quizzes, game shows, and lotteries. Quizando uses a multi-level approach to market entry. The platform reaches its target audience through active users of social networks. Quizando also creates affiliate rewards for players who encourage other people to join the project. In addition, the project presents games with real prizes that are attractive to those who are not financially motivated.
The platform works in a very simple way. When a player confirms participation in a game, his/her tokens are reserved in the game wallet and held there until the game is completed and the winner is not selected. At the moment, the total amount of tokens stored in the wallet of each game will be automatically distributed between the winner’s or winners’s wallets (35%), the game owner (35%) and Quizando platform (30%). Using QUIZ tokens on the platform provides the access to exclusive quizzes, free games on classic quizzes, the ability to enter special quizzes of the most popular participants, access to quizzes with physical prizes, and the opportunity to win QUIZ tokens in private games.
https://quizando.io/
Quizando cryptocurrency
QUIZ tokens are used to perform calculations within the project, implemented on the basis of Ethereum according to the ERC-20 standard. A total of 1.2 billion tokens were released, of which only 29% allocated for sale. On August 15, the project’s preliminary sales started, where you can purchase tokens with 50% bonus for fiat, ETH, or BTC. The fixed price for one QUIZ is $0.01. The main crowdsale starts in January next year.
Summary
Thus, Quizando project is a server that brings together fans of quizzes and lotteries all over the world. A wide filter and a comfortable interface will allow participants to play and earn with pleasure. The project was launched in 2016, and currently the beta version of the project is already successfully working. The project creators plan to launch the entire functionality by mid-2019.
The funds raised during the crowdsale will be used to refocus and upgrade the platform and its system architecture so that it can comfortably cope with the millions of players. It will also give the company financial freedom to promote the public offering of tokens.
Links:
Website: https://quizando.io/
WhitePaper: https://bit.ly/2EyUQIR
Telegram: https://t.me/quizando
Facebook: https://www.facebook.com/QuizandoICO
Twitter: https://twitter.com/quizando
Medium: https://medium.com/quizando
ANN: https://bitcointalk.org/index.php?topic=4963520.msg
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.