Many argue that gambling first appeared in the United States. However, although the United States has quite a lot of casinos that run gambling it turns out the origin of the gambling game itself does not come from America but from many places from all over the world. Many types of gambling games played today are from Chinese culture such as Keno and pai gouw. The game then develops slowly in a matter of thousands of years and adjusts until it becomes one of the gambling games that has been played in casinos all over the world. China is not the only nation that contributes to the history of world gambling, a number of gambling games from the western world also enliven the list of gambling games organized by casinos around the world and even provided by the site of online gambling agency that played Live. Gambling games like Craps, Baccarat, Roulette, and Black Jack are a kind of game whose origins come from several nations in Europe.
But players tend to use well-earned casinos, not sites or casinos that have a bad reputation even though they offer more "interesting games," because players are naturally interested in the brand of casino they trust. This indicates a lack of player confidence in the casinos or small online gambling sites. The lack of confidence can be due to the lack of transparency from small casinos, less brand awareness. In addition, large casinos control game development. Players are forced to trust this casino because of the lack of transparency means players can not track the stakes and therefore can not judge the validity of each bet. We offer online gambling sites that can be trusted and transparent and safe because it uses blockchain technology that is Joy Gaming. Joy Gaming offers a new solution for connecting small developers, home software, casinos and big players. Joy Gaming tries to create a game ecosystem that empowers players and helps low-risk developers and casinos in decision making.
In addition to user benefits, developers bene t from the large liquidity pool and additional reputation provided by operating on the Joy Gaming network. Developers will be able to easily “prove” the games that the user plays because it is transparent and on the blockchain. The developer will connect to casinos and collect commissions from the games being played, while knowing they have a robust audit trail. Developers are crucial in the Gaming industry. We at Joy Gaming understand them and will work to provide the best experience in terms of fair reward, full support on the marketing process, and greater capacity of players.
To ensure the success of games, Joy Gaming provides support to the developers within the Joy Gaming ecosystem.
Developers only need to worry about the game development, Joytokens will do the rest.
JoyTokens will be available for purchase on the Ethereum network as an ERC20 token. There is a current challenge with the ERC20 token: if you send your token to a Smart Contract, you have to use the “approve + transfer form” function to make the transfer. But, if you send your token to an externally owned address, you have to use the “transfer” function. Unfortunately, if you make a mistake using those functions, then the money is lost.
Sample code for the ERC20 token interface
contract ERC20 is ERC20Basic {
function allowance(address owner, address spender) public constant returns (uint256);
function transferFrom(address from, address to, uint256 value) public returns (bool);
function approve(address spender, uint256 value) public returns (bool);
event Approval(address indexed owner, address indexed spender, uint256 value);
}
We are aware of this challenge and are working to ensure it will not happen to our Clients. We plan to upgrade to the new and under-development ERC223 standard (after it is fully developed). The ERC223 has a new feature that triggers, in the case of a scenario explained above, and the money is automatically sent back to the client.
Utility
JoyTokens have many different uses. In the most basic sense, JoyTokens can be used to by players to play the games on the Joy Gaming network. The network provides a frictionless rewards system, guaranteed pay-outs, attraction of otherwise unobtainable affiliates, eliminates potential fraud and reduces payment processing fees.
For casinos and game developers, the tokens can be used to secure payment for running games and for receiving payment from players. Casinos can guarantee real-time affiliate payments to all developers, thereby affording new casino operators the same highly lucrative affiliate deals that are currently available only to the largest brands.
For the smaller game developers that rely on bigger casinos to “back” the games, tokens can be used to receive commissions from the casinos that provide the reputation and the working capital to offer the game.
All legitimate parties are afforded the security of knowing the immutable smart contracts, coupled with the tokens, eliminates fraud on the network.
Overall, tokens will have a value based on what users are willing to pay in order to use the services on the Joy Gaming network.
Token sale structure
Cryptocurrency accepted: ETH, BTC, Wire transfer
Timescale: Starting approximately on 27th of February 2018 and lasting for up to 31 days or before all the tokens are distributed.
Oversubscription: When JoyToken offering raises more than 46 340 000 USD, the token sale will be closed immediately. There is a chance of oversubscription. In such an event, the exceeding amount of fund will be returned within 15 days after the close of the token sale. Please note that no interest will be paid in such case.
Failure: If the token sale does not hit the soft-cap, then it will be considered a failed token sale. The offering will be terminated and any funds sent will be returned within 15 days after the close of the token sale. Please note that no interest will be paid in such case.
Other risks: The sale of the tokens involves a number of other risks that are explained in the Private Placement Memorandum (PPM) that accompanies the token sale documents. Those risks include, without limitation, the SEC’s current position that similar tokens were considered securities and required registration or an exemption, potential loss of value in the tokens, inability to resell the tokens, failure to develop the Joy Gaming network, and viability of technology risks. The reader is urged to read the PPM for a fuller explanation of the risks and to obtain proper counsel before proceeding with any investment.
Token Distribution
Presale 20% 140,000,000
Sold during ICO* 30% 210,000,000
Rewards pool (VIP etc) 10% 70,000,000
Sold on the platform 23% 161,000,000
Founding team, vested for 24 months 12% 84,000,000
Ambassadors, Fund Raising Fees 3% 21,000,000
ICO bounties 2% 14,000,000
Total 100% 700,000,000
*Unsold tokens will be burnt.
OCTOBER 2017
NOVEMBER 2017
DECEMBER 2017
FEBRUARY 2017
MARCH 2018
JUNE 2018
AUGUST 2018
Team
20 years of experience in Retail and Online gaming working for major blue-chip companies. Successfully applying marketing retention techniques focussing on the individual player as well as ensuring quality game offerings to promote business growth. A keen troubleshooter with a strong data focus.
Over 34 years of professional experience, including 30 years in marketing sector. Senior Manager and senior marketing specialist with knowledge and proofed involvement in all areas of on and offline marketing and ecommerce across the world. His sector experience includes iGaming, entertainment, mobile, retail, financial services. Since 2005 in the iGaming sector - successfully launching a number of online gaming sites with a focus on attracting quality players.
Full 10 years of Software Development experience, 7 years of Business Intelligence, Banking and Finances. High skilled product developer for, a.o., Sony, Uber & PKR Technologies. Professional juggler of multiple requests from various departments. Visioner on the intricacies of the company’s performance. Recently fascinated with Gaming and Securities.
For more information about Joy Gaming, you can visit links below :
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Username Bitcointalk : Arifandi
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1566717
ETH Address : 0x8d05B599687942Ed4EC008a95EEAa9565B738924
Read More
Joy Gaming
Joy Gaming is a game platform that uses blockchain technology. Joy Gaming lets developers create games that run on their backend through smart contracts, not directly on blockchain. With blockchain technology and smart contrak make all the results recorded in the blockchain so the cheating rate is much lower. Furthermore, game developers and home software can connect and integrate with liquidity providers, such as casinos, to provide direct access to their games.Joy Gaming Technology
The Joy Gaming network relies on decentralized smart contracts to guarantee and record everything in the blockchain. Through this blockchain, we will be able to audit everything that happens to Joy Gaming. Users who play the game will be able to see, in real time, the results and benefits of the network. Unlike traditional casinos where deposits are made into casino accounts, users will always have control over their JoyToken purses where the withdrawal is simpler and faster. Our platform will use the Ethereum network as a Blockchain-based ecosystem. The Smart Contract builds trust in the system because the conflict of interest between gambler and Platform is managed and audited in a decentralized way. No third party needs to be involved because all transactions are made through the Smart Contract, which ensures everyone has access at all times and can verify game equity.Ecosystem benefits and structure
By operating on the blockchain, users can easily identify where their money is going and whether the results are fairly generated. User experience is our top priority and we will offer a wide variety of games, strong security, and reliability.
In addition to user benefits, developers bene t from the large liquidity pool and additional reputation provided by operating on the Joy Gaming network. Developers will be able to easily “prove” the games that the user plays because it is transparent and on the blockchain. The developer will connect to casinos and collect commissions from the games being played, while knowing they have a robust audit trail. Developers are crucial in the Gaming industry. We at Joy Gaming understand them and will work to provide the best experience in terms of fair reward, full support on the marketing process, and greater capacity of players.
To ensure the success of games, Joy Gaming provides support to the developers within the Joy Gaming ecosystem.
- Support to developers is provided on:
- Client acquisition by providing Marketing and direct access our client base
- Compliance from a legal and licensing perspective
- Blockchain integration
Developers only need to worry about the game development, Joytokens will do the rest.
Token Sale
JoyTokenSample code for the ERC20 token interface
contract ERC20 is ERC20Basic {
function allowance(address owner, address spender) public constant returns (uint256);
function transferFrom(address from, address to, uint256 value) public returns (bool);
function approve(address spender, uint256 value) public returns (bool);
event Approval(address indexed owner, address indexed spender, uint256 value);
}
We are aware of this challenge and are working to ensure it will not happen to our Clients. We plan to upgrade to the new and under-development ERC223 standard (after it is fully developed). The ERC223 has a new feature that triggers, in the case of a scenario explained above, and the money is automatically sent back to the client.
Utility
JoyTokens have many different uses. In the most basic sense, JoyTokens can be used to by players to play the games on the Joy Gaming network. The network provides a frictionless rewards system, guaranteed pay-outs, attraction of otherwise unobtainable affiliates, eliminates potential fraud and reduces payment processing fees.
For casinos and game developers, the tokens can be used to secure payment for running games and for receiving payment from players. Casinos can guarantee real-time affiliate payments to all developers, thereby affording new casino operators the same highly lucrative affiliate deals that are currently available only to the largest brands.
For the smaller game developers that rely on bigger casinos to “back” the games, tokens can be used to receive commissions from the casinos that provide the reputation and the working capital to offer the game.
All legitimate parties are afforded the security of knowing the immutable smart contracts, coupled with the tokens, eliminates fraud on the network.
Overall, tokens will have a value based on what users are willing to pay in order to use the services on the Joy Gaming network.
Token sale structure
Cryptocurrency accepted: ETH, BTC, Wire transfer
- Hard-cap: JoyToken sale has a hard-cap of 46 340 000 USD.
- Soft-cap: JoyToken sale has a soft-cap of 1 000 000 USD. If the total amount raised is below the soft-cap, the offering is considered failed.
Timescale: Starting approximately on 27th of February 2018 and lasting for up to 31 days or before all the tokens are distributed.
Oversubscription: When JoyToken offering raises more than 46 340 000 USD, the token sale will be closed immediately. There is a chance of oversubscription. In such an event, the exceeding amount of fund will be returned within 15 days after the close of the token sale. Please note that no interest will be paid in such case.
Failure: If the token sale does not hit the soft-cap, then it will be considered a failed token sale. The offering will be terminated and any funds sent will be returned within 15 days after the close of the token sale. Please note that no interest will be paid in such case.
Other risks: The sale of the tokens involves a number of other risks that are explained in the Private Placement Memorandum (PPM) that accompanies the token sale documents. Those risks include, without limitation, the SEC’s current position that similar tokens were considered securities and required registration or an exemption, potential loss of value in the tokens, inability to resell the tokens, failure to develop the Joy Gaming network, and viability of technology risks. The reader is urged to read the PPM for a fuller explanation of the risks and to obtain proper counsel before proceeding with any investment.
Token Distribution
Presale 20% 140,000,000
Sold during ICO* 30% 210,000,000
Rewards pool (VIP etc) 10% 70,000,000
Sold on the platform 23% 161,000,000
Founding team, vested for 24 months 12% 84,000,000
Ambassadors, Fund Raising Fees 3% 21,000,000
ICO bounties 2% 14,000,000
Total 100% 700,000,000
*Unsold tokens will be burnt.
Roadmap
JUNE 2017- OP: 500,000 Seed Funding
OCTOBER 2017
- OP: Onboard advisors from industry and blockchain
NOVEMBER 2017
- OP: Joy Gaming Foundation Established
- OUT: Speaking At BlockChain Expo
DECEMBER 2017
- TECH: Demo Slot Machine using Smart Contracts
- OP: Application for Gambling Developer License
- TECH: Launch of Joy Gaming Platform for Developers
- TECH: Code Audit
FEBRUARY 2017
- OP: Token Sale
MARCH 2018
- OP: Token Sale Audit
JUNE 2018
- TECH: Games live on Playcosmo
AUGUST 2018
- TECH: Expansion into Fixed Odds Table Games
- OP: Integration to More Platforms & Direct Operators
Team
- Andrew MacDonald - CEO
20 years of experience in Retail and Online gaming working for major blue-chip companies. Successfully applying marketing retention techniques focussing on the individual player as well as ensuring quality game offerings to promote business growth. A keen troubleshooter with a strong data focus.
- Mike Leys - CMO
Over 34 years of professional experience, including 30 years in marketing sector. Senior Manager and senior marketing specialist with knowledge and proofed involvement in all areas of on and offline marketing and ecommerce across the world. His sector experience includes iGaming, entertainment, mobile, retail, financial services. Since 2005 in the iGaming sector - successfully launching a number of online gaming sites with a focus on attracting quality players.
- Steve Giordano Imbroll - CTO
Full 10 years of Software Development experience, 7 years of Business Intelligence, Banking and Finances. High skilled product developer for, a.o., Sony, Uber & PKR Technologies. Professional juggler of multiple requests from various departments. Visioner on the intricacies of the company’s performance. Recently fascinated with Gaming and Securities.
For more information about Joy Gaming, you can visit links below :
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Website : https://joytoken.io/
Whitepaper : https://joytoken.io/white-paper.html
ANN Thread : https://bitcointalk.org/index.php?topic=2625250.0
Facebook : https://www.facebook.com/JoyToken.io/
Twitter : https://twitter.com/JoyToken
Telegram : https://t.me/joytoken
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Username Bitcointalk : Arifandi
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1566717
ETH Address : 0x8d05B599687942Ed4EC008a95EEAa9565B738924