Believe it or not, Gambling and Gaming is one of the biggest industry out there. The online gambling industry has become an essential part of this industry. In the past few years, it has completely revolutionized and has been a necessary platform for people. Gambling is a favorite activity for many people and this industry is making use of this constant tendency of people gambling and new audience adding to the list.
There are a lot of online gambling and gaming companies which have gone through their peak to low times. From ordinary people to leaders, everyone has their choice of gambling and they suit their needs online. These sites have the games set up and earn money off the interest of the gambling.
There are a lot of audiences who love online gambling companies, there is a lot of audiences who hate it as well, because of lack of trust and the sites are not transparent as well. The accountability is at risk as well. This issue makes use people dissatisfied with their online gambling experience. Websites use dishonest methods to tweak the algorithms to make it unfair and earn more money, and there is nothing users can do about it. Now, this won't last though. Introducing TrueGame, a gambling and gaming platform built on the blockchain technology, which is completely transparent and there can't be any monkey business going on in between.
Online Gambling websites which make money the dishonest way, keeping the games unfair are keeping out a large number of real people willing to play. TrueGame is against this idea and has built a solution for the same, where this audience can join, and they will be provided with a fair and completely transparent platform to play on.
Online Gambling Statistics:
The following statistics are pulled from Truegame's website
The global online gambling market was USD 44.16 billion in 2016 and is estimated to reach USD 81.71 billion by 2022, at a compound annual growth rate (CAGR) of 10.8%.
The global mobile gambling market is forecasted to grow more rapidly, at a CAGR of 18.84% during the period 2017-2021. This market is considered to be one of the most profitable online businesses.
What is True Game & How Efficient is it?
Here is a short introduction video about Truegame to understand about it and get a short idea about it.
Today's platforms are not reliable to believe, True Game is different, with this platform gamblers are secured that they are not being cheated with. Lack of trust in gambling websites as of now has repelled a lot of people from playing on it. True Game will be able to provide the platform which people need desperately and recover the lost audience as well. Everyone will have fair chances of winning and no monkey business will be running.
This platform runs on blockchain technology, so the whole system will be transparent to every information you need to know about your roll. You can validate every piece of information and be assured that you are dealing with a legit, honest and valid vendor. Introduction of this platform will not only recover the lost audience but will also get all the previous audience when once they come to know that this is a better and more reliable platform to play on. This will get a boost in the audience as the belief of fair game will no longer be only a belief but will be a reality.
They can also double check that if they won or lost the round and see if they are getting the right prize amount mentioned by the vendor. One of the advantages of taking this gambling platform over to blockchain is that no middlemen can mess or meddle with your game and the whole thing will not only be transparent but will also be honest.
There are a lot of games on the Truegame's website platform right now which you can play, a lot more are joining the list. Games include lottery games, lucky prize draws, slot machines, poker clubs, etc. Truegame says there would be a lot of games on this platform so everyone can find their favorites to play on and this will do mass adoption of the platform.
Also, the speed of the websites handling all the transactions, games, and site data will be very fast due to the implementation of iGaming technology. This technology allows to build a speedy system around the gambling vendors in the online gambling industry and will be used on Truegame's platform.
How does Truegame Work & What about its Token?
Truegame has its own token (TGAME) which will be used on its platform to carry out all the activities such as maintaining users balances and using it in games for gambling. As this token will be ECR20, running on Ethereum network, it will be able to use the smart contract transaction ability and hence for every in-game transaction, a smart contract address will be laid for players and vendors. This will make the platform very easy to gamble with the coins and also impossible for someone to infiltrate with it. All the transactions as mentioned before will reflect on the blockchain and will be open and free for users to verify it. At last, the game is about keeping it fair!
Every time after the game, the winner will get the prize amount automatically transferred to its own balance in the form of these tokens. Users can also store these tokens and facilitate with their own other separate ethereum accounts with the ability to perform smart contracts. Thus you can choose to keep the funds in your wallet and use them whenever you want, increasing trust for the platform.
If chosen to keep the tokens on the website, users can withdraw these tokens anytime they want to anywhere else. While playing games, users don't have to worry about tokens managements as Trugame being based on ethereum network nodes it will manage user balances automatically.
Truegame (TGAME) ICO Data:
Token Sale Information
- Website: truegame.io
- Whitepaper: Download
- Roadmap: Download
- Accepted Payment: ETH, BTC, LTC
- Minimum Investment: 0.1 ETH
- Country: Costa Rica
- Whitelist/KYC: Whitelist
- Maximum Token Supply: 300,000,000
- Soft Cap: 2,000,000 USD [Already Reached]
- Hard Cap: 9,000,000 USD
- Restricted areas: USA
TGAME Token Distribution
- Crowdsale - 70%
- Advisory Board - 4%
- Team - 15%
- Bounty - 1%
- Reserve - 10%
Pre-ICO & ICO Phases Discounts:
Currently its Main Sale going on, and the discount is 0%, but considering the price, the project is amazing to invest it.
Truegame Conclusion
Truegame Roadmap and Team is great and I would like you to check it out on their website. Truegame has really a very experienced team and amazing advisors on board. I urge you to check them out and their previous work background. The roadmap is also very elaborate about future plans and is promising to look forward too. The ICO has also been rated very high on numerous ICO rating websites.
I find this project quite fascinating. The online gambling industry is huge and this is really a game changer for it. Considering a lot of people are fond of gambling and are looking for a trustful website to play on, truegame offers it with much more. Truegame has a lot more to go on and I think this has more to see its way. Today's platforms can't offer the reliability and accountability to the users, which Truegame can offer.
Also, there are a lot of games on their website for gambling and they are adding a lot more very soon. This would increase more audience attention and visitors. I like this project and would recommend it to anyone who wants to look for promising ICOs as an investor. I would suggest holding it for long term as the value of then would be quite much more as compared to now. This is not any financial advice, please review it for yourself before making any decisions.
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Disclaimer:
- I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
- All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
- I will not and cannot be held liable for any actions you take as a result of anything you read here.
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