TrueGame - Blockchain Casino
Online Casino’s are
getting popular and the demand for this kind of platform is undeniably
increasing and the money getting involved is up to 40Billion USD.
Playing in these
platforms always put an impression on my mind that I would lose, the bias system
is too obvious that only big guns could win games but the thing is we can’t be
sure about that because the developers is too secretive, they even didn’t
introduce themselves on public. Then Blockchain came along and I think this innovation
is the real fit for Blockchain technology to be applied.
Inroducing Truegame, a Blockchain
based online game room for Lotteries and iGaming.
In this article I would
tell you the key points of TrueGame, that would prove that this might be a good
project to invest on.
(Disclaimer : This is not
an investment advice, the opinion was solely the perception of the author)
So What is TrueGame?
Basically, it’s an Online
Gambling platform that would use blockchain to apply transparency, faster and immutable
transactions and security. New and the best way on how Online Gambling/Gaming
should be vs. old, sloppy, unfair Gambling platforms.
There are current
problems that Online Gambling/Gaming industry is facing and Truegame has the
solution.
Problem: The Transparency
Lotteries as an example,
aren’t transparent as it could be. I mean, the developers didn’t show the
players on how a draw is being done and you’d be surprised if somebody would win
about 1Million USD just like that. (You don’t screw me)
Solution: The Blockchain
and Smart Contract
Using the Blockchain
along with ethereum smart contract, it is immutable to change the generation of
random number (Smart Contract – Like contracts but written on the Blockchain
and is transparent to everybody. Some contracts are published on GitHub
including TrueGame’s smart contract). Everybody could check what is happening and
nobody could intervene in this process.
Problem: Rewards
Lotteries as an example,
if you win a certain draw on the lottery, when would I get the reward? How much
fees do I need to pay? How much could I approximately get as a reward?
(Too many questions that
you wish you didnt win because winning in normal gaming platform is a headache)
Solution: The Blockchain
and Smart Contract
Before every draw,
Blockchain would act as an escrow for the rewards. After every draw, the
rewards would be automatically sent to the winner, might be deducted for the
fee but that would be disclosed on the smart contract so the player could
expect a fixed amount of winnings.
Problem: Security
On old Gambling
Platforms, every security breach on the side of the developers could result in
a massive manipulation for the future draw and reward system (Jackpot)
Solution: Truegame is a (DAPP)
Decentralized Application
If the website is
compromised, the hacker will not be able to influence the process of the draws
or gain access to the Jackpot. The site is only an interface of the
infrastructure that TrueGame created in the environment of Blockchain.
Drawings, distribution and storage of the Jackpot are managed by a smart
contract that is executed in a decentralized environment.
TrueGame is already an up
and running platform and is successful.
Games that are running in
the TrueGame Platform are
SCRATCHCARDS
It’s like scratching the card
and finding a tic-tac-toe arrangement of the reward.
1st Crypto Scratch-off,
Crypto Space Battle, Good Luck Meme, Old School Scratch-off, Code me
Scratch-off, Crypto Legends
LOTTERIES
The crowd favorite,
Lottery.
Who is not familiar with
Lotto?
It’s a random withdraw of
draw balls that if your Numbers (the one you bet) are exactly the numbers
withdrawn, you’ll win. I don’t know if it needs to be exact on arrangement (would
vary on the TrueGame Platform)
Though TrueGame is an
undeniably great platform, what benefit it possess to attract investors?
EDGE
- - TrueGame is the one and only Online Gaming Platform to develop and apply a working product (the games)and took care of gambling license, and prepared a marketing strategy to attract future and current players.
- - Sealed the private sale hardcap on the first day.
- - Completely ready team and well planned roadmap
- - Maximize the use of smart contract that it has a team focused on doing so
- - Also planning and prepared for the migration for it’s own blockchain system to ensure the fast transactions
- - First project to accept fiat
- - Equal chances for each players
- - IN GAME : Low transaction cost
- - IN GAME : The absence of a minimum deposit amount for depositing via cryptocurrency
- - IN GAME : Instant winnings payments
- - IN GAME : Clear chances of winning
- - The results of the games, as well as the process of the games can be fully monitored where it is technically possible (for example, in case of lotteries) and one can see the fairness of the games.
- And many more
The Team
I see the project really
applicable and fit for the blockchain and so far researching about the project,
I see no flaws. The team is great for they have expertise on Online gaming,
Marketing, Blockchain, Entrepreneurship and many more. With the combination of
a good project and aggressive expert team, I could easily say that this is
indeed the best project to invest in 2018.
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