What is JoyToken?
JoyToken creates a platform that allows independent developers to add gambling games to a platform optimized for public usage, and players have access to complete transparency of payments through the power of the blockchain.
What Makes JoyToken Different from Other Gambling Blockchain Projects?
Blockchain utilization has a lot of potential in any industry that involves a lot of transactions and is in need of improved transparency. The gambling market stands out as a clear opportunity for blockchain launches to improve upon.
In the present age of ICOs, many projects are being launched to bring transparency to transactions, and of course some of these projects went for the gambling market.
JoyToken is one example of the projects targetting the gambling industry. However, there are some strong distinctions that set aside JoyToken from the rest of the lot.
First and foremost, the company already has a functioning product. But I don't want to stress on that as that deviates from the main JoyToken factor this post will highlight.
JoyToken stands out because it is not joining the gambling market to directly offer gambling like the rest of the blockchain projects in this market. Instead of becoming a generic casino, its becoming an online platform for others to develop games onto its platform.
This is an innovative idea in the gambling market as a platform like this will be a breath of fresh air in the gambling industry where the house usually plays out the same games as any other casino.
JoyToken is truly living the spirit of the current decentralized and open source age. By offering a platform, it allows fair profit sharing with developers who themselves bare the risk of allocated resources (time and effort). JoyToken hates no risk but gets to enjoy profits when developers make something valuable.
From an investment point if view, JoyToken's business model is a lot safer than other blockchain gambling projects that intend to exert their own resources to develop gaming environment.
The major benefit for JoyToken is that this savings in resources will allow it to focus its capital and attention to other factors that will make its platform a superior offering. It can optimize its user interface, incentivize early participants, and even spare capital for strong marketing campaigns.
JoyToken's operational model not only one-ups existing gambling projects and entities in terms of innovative offering, but it also allows the company to spread it's attention to making the product more customer-centric.
And it's a proven concept that platforms are safe and successful as they profit from others' work. In fact, here's the big man at Pershing Square Capital explaining basics of finance. I am referring to this because he clarifies that over the past couple decades, platforms have been extremely successful. And that's understandably so as these platforms are able to offer more freedom for ideas in a decentralized environment. Innovative ideas lead to growth, and since these ideas are being generated by external members of the platform, the company is able to focus on growth.
JoyToken has many benefits like transparency, internalized currency, and other goodies that blockchain projects offer. But the winning factor for this project is that it's the first mover to make a gambling platform where any new idea can seamlessly become a game for customers. This competitive advantage is the dominant factor that will allow JoyToken to survive any war of attrition against other blockchain gambling projects. As others would expense resources to keep up with innovation, this platform will round up users with a clear focus on growth, and enough left over funds to make sure that focus turns to real results.
Essential Information
Website: https://joytoken.io/
Whitepaper: https://joytoken.io/white-paper.html
ANN Thread: https://bitcointalk.org/index.php?topic=2625250.0
Telegram: https://t.me/joytoken
Blockchain: ETHEREUM
Ticker: JOY
Accepts: ETH
1 JOY = 0.2 USD
From: UK
Can’t Participate: USA; CHINA
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For more information, please visit links below
Website :https://joytoken.io/
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=2625250.0
Whitepaper: https://joytoken.io/white-paper.html
Facebook: https://www.facebook.com/JoyToken.io/
Twitter: https://twitter.com/JoyToken
Telegram: https://t.me/joytoken
AUTHOR
Bitcointalk Username: PeIIepoook
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1724435