Problems
Within the first few months of 2018, the total amount of investment funds that venture funds poured into startups on the blockchain platform reached 1.3 billion USD, nearly double that of 950 million USD in 2017. According to the report. from KPMG, the amount of capital that investors want to pour into this technology chain is much higher than the investment opportunities in the market. In particular, startup businesses on blockchain with the best growth are the application of blockchain to the gambling industry.
The rise of blockchain technology is also receiving leverage from the attractive growth of the casino industry, anticipating the end of 2018, the value of this industry will exceed 50 billion USD. The report shows that, currently, blockchain industry is dependent on gamble on mobile devices with an average growth rate of 75% / year, accounting for 10% of the online casino market share.
The most popular casino games are now bingo and slot machines, whose foundation is a solution that provides random numbers. However, it also entails many of the biggest risks that are the gaps in the centralized system. Therefore, creating a decentralized system from the blockchain will help spread the risk, if the attack is compromised, the data will remain in many other machines and not be completely lost. In addition, the blockchain has a high level of security, which enhances the ability to authenticate the randomness of any random number provided at any time after the service is provided.
It is anticipated that the online gambling industry will grow and expand across the globe thanks to the blockchain application, like what it has been doing to finance, artificial intelligence, banking transactions ... And like the expectation of a project on online gambling industry based on Blockchain technology, it was born bitwin
Bitwin- Application of blockchain into casino industry
Features of the project
Bitwin was founded by a group of casino and sports betting experts with years of experience rooted in the gambling industry, who teamed up to create a unique and unique platform in iGaming space. crowded. Knowing that to be the platform that everyone is aiming for, it must remain competitive at every stage of challenge, while providing the most compelling gaming environments and conditions.
The graphic effort combined with the emphasis on a perfect user journey has led to the creation of a versatile, truly compelling gaming experience. Therefore, Bitwin created an online casino registered under the Curacao Gaming license, with hundreds of games being tested and round-checked running on 128-bit SSL encryption, provided by an important feature. Other - Random number generator is tested according to industry standards.
Bitwin 2.0 will be a casino platform built on the blockchain, with Bitwin Token (BWT) as its center. Our vision is to provide a truly transparent and proven online casino experience with low transaction costs and instant withdrawal of any money. To do that, we are building on our existing platform to accommodate the capabilities that come with blockchain technology. Bitwin 2.0 transfers random number generation and transaction to Ethereum network, while keeping a great user experience that our current users appreciate.
User experience is what makes Bitwin 2.0 different from other blockchain casino projects. We really believe our goal is to mesmerize players, so they feel satisfied and entertained the same every time they come back. Because of our ambition not only at Bitwin, we are planning to share the results of our work with the blockchain casino community by providing different online game solutions available. Can be easily applied in other platforms.
Advantages
One of the main problems that cause trouble for industry iGaming is the cost effectiveness of transactions, you can undergo long transfer periods or a large fee to withdraw money. However, running transactions within the platform will not distinguish our platform from any other online casinos. That's why we have come up with a new solution to fix that problem and create Bitwin Network.
Bitwin Network is based on the Raiden Network's open source project, providing scalable security solutions beyond the chain.
The most important features are:
- Confirmation time under seconds
- Low fee
- Two-way payment channel
- No fixed transaction on each second limit
- Payment routing
This allows us to create payment grids between players and casinos, gradually increasing and decreasing depending on the player base. Only the final result of the player's bets is transferred to the Ethereum block, allowing Bitwin to reduce transaction costs to negligible amount, even with the lowest bet amount.
Token details
Token: BWT
Platform: Ethereum
Type: ERC20
Price: 1 BWT = 0.098 USD
MVP / Prototype: Available
Platform: Ethereum
Accepting: BTC, ETH, LTC
Minimum investment: 20 USD
Soft cap: 1,320,000 USD
Hard cap: 18,500,000 USD
Country: Malta
BONUS
Phase 1: 0 - 40 000 000 BWT - 20% discount
Phase 2: 40 000 001 - 100 000 000 BWT - 15% discount
Phase 3: 100 000 001 - 202 500 000 BWT - 10% discount
Tokens for sale: 247,500,000
Distribution token
Public Sale: 45%
Bitwin Vault: 33%
Private Sale: 10%
Advisors and Partners: 10%
Bounty: 2%
Fund distribution
Development: 50%
Marketing: 25%
Operational: 10%
Lega: 6%
Team Bonus: 4%
Partnerships: 5%
Partner of the project
They associate with about 30 major partners related to finance, banking, online trading floors, ...
Team project
Conclude
The BWT token is designed to meet the most complex requirements of vertical iGaming and eliminates most of the pain points that disturb the existing online gambling market. The update will ensure smart contracts that support reliability, transparency and security, along with high RTP (Return to players) rates.
Links of the project
Website: https://token.bitwin.com/
ANN Thread: https://bitcointalk.org/index.php?topic=5081449
Facebook: https://www.facebook.com/bwtoken/
Twitter: https://twitter.com/BitwinToken
Telegram: https://t.me/BitwinToken
Medium: https://medium.com/@bitwintoken
Author: linjinklop
Link profile: https://bitcointalk.org/index.php?action=profile;u=1231893