A new way to build trust in the gaming industry – Joy Token

in blockchain •  7 years ago 

joy-token.jpg

Only the biggest players can survive in the gaming industry when compared with small players. Do you know the reason behind this? Trust. Yes. Generally, users are unable to trust the smaller casinos even if they offer interesting or innovative games. So they always prefer to play in the top or reputed casinos even if the games are boring. How can top casinos build the trust? Because they are spending a lot of money to advertise their casinos so that it becomes a known/reputed brand. But, smaller casinos don’t have the necessary funds to market their casinos and they are not able to compete with the bigger casinos.

This kind of trend is not advisable as it will create a monopoly among the casinos. To build more trust between the casinos, players, and developers, Joy Gaming Ltd is developing a blockchain based gaming ecosystem which aims to improve the gaming industry by offering the small developers an opportunity to utilize their talent which will result in the creation of many interesting/innovative casino gaming software. If anyone wants to access the gaming platform, they need to hold a special type of token named JoyToken. JoyToken is a utility token based on Ethereum ERC20 that will be sold by Joy Gaming Ltd during its token sale. These tokens can be bought using any Ethereum based wallet or BTC/wire transfer of USD. To learn more information about the token sale and the procedure for buying Joy Tokens, please visit https://joytoken.io/.

What are the salient features of Joy Gaming platform that makes it different from others? How will it improve the gaming industry? Check out the points below.

  1. Smart contracts – In this platform, the developers will run the casino software on the backend using the smart contracts instead of directly running on the blockchain. So, the players can cross-check whether the developers are running the games as per the description. This will reduce the level of risk on the casino game as the results are recorded and can be viewed easily.
  2. Direct communication – Developers can communicate with the casinos directly and explain or show a demo of their new casino games. So, the platform acts as a bridge between the developers and the casinos. As the communication is direct, both the developers and casinos can work towards a profitable solution for both.
  3. Money Control – In traditional casinos, you will need to deposit a fixed amount to the casino account before participating in the game. But, in Joy Gaming platform, the users always have full control over the Joy Token wallet and withdrawals are completed very quickly and easily. So, the casinos will not have any control over the money of the users.
  4. Decentralized system - All the transactions are done automatically by using the smart contract. So, if any dispute arises between the gambler and the platform, then it will be solved in a decentralized manner after auditing. In this way, the trust between the players and casinos will be increased as the results are easily accessible. Kindly visit https://joytoken.io/white-paper.html to learn more informaton about the technology behind Joy Tokens.
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Since ever there was a trust problem with gambling and casinos, and only the big names had the courage to risk a lot for a part of profit. Many people were scam, but thanks to blockchain technology this will change, and more people will get the chance to create games for casinos or to play them and share their feedback. Honestly, what I like most from all this description of JoyToken project, is number 3: "users always have full control over the Joy Token wallet and withdrawals are completed very quickly and easily. So, the casinos will not have any control over the money of the users."

You are right, trust is the foundation from which the further growth of any player in the gaming industry begins. Anyone who is sensible will not trust little-known and small gambling or casinos and this is normal.
To create a foundation of trust - its main component is advertising. And the more money you invest in advertising, the stronger the trust foundation.
But from all this there is one big problem-monopoly. Small casinos simply do not have the money to conduct such PR and advertising campaigns.
Now this situation can change, with the advent of the game ecosystem with a link to the block chain. Joy Gaming Co., Ltd. will create a real opportunity to create innovative and diverse games. This can be called a "big chance" to stand out thanks to their talent - young players in the gaming industry.
The platform Joy Gaming differs in many positive and innovative features, which makes it a leader in its industry ..
Thanks, this is an interesting offer.

I know that many great projects or ideas was stuck because of the lack of communication. Well done, JoyToken, for providing the transparency and the direct communication between developers and casino's owners. Now the developers will have the courage to communicate and stand up for their own rights and revenue since everything is transparent of blockchain, and the players will have to gain a lot of trust knowing the games are not controlled and fixed. It was about the time to change the way gambling and games are now, so very nice work here.

Joy token is big project...you are right.. trust is the key to survive in the gaming industry,,,,i own some tokens of similar project 'decentbet',,,,joy is also very interesting project ,,,, i will buy tokens of joy too...thanks for the update

I have been following all your posts recently and with so many new projects entering the space, it is becoming more and more difficult to choose the good ones. I try to keep myself updated as much as I can and therefore seeing quality summary from your posts is often helpful. Keep doing the good work :)

Thank you!

Small gaming platforms (casinos) very often have great potential and excellent and purposeful people who create it. But they are eclipsed by competition from richer and raspiarenyh competitors in the same game area. The main feature of the success of large casinos is the high advertising costs. They literally create a monopoly and put competitors on the back burner.
But in our time, thanks to the block chain and the enthusiasm of individual developers, it was possible to correct this unfair situation. The company Joy Gaming thanks to its innovative platform provide an opportunity for young and promising to advance in this field. Now if you have a team and you are ready to pre-press your innovative product, which can bring a variety to the gaming industry - you can do it.
Joy Gaming is the best solution to gaming problems. Thank you, I liked it

Joy Gaming Ltd develops a game ecosystem that will give a chance to many young developers and innovators with fun games and casinos to stand out among others. Now the monopolists of the gaming sphere will not be able to maintain the primacy and oppress the weaker.
If you are a razor and you have something innovative, that can change the sphere - that is, you have an idea. Now this idea can really be paid into reality. Now, thanks to the platform of Joy Gaming, you have a real chance to defend your rights and prove your effectiveness. This chance that you should not miss - but on the contrary.
Those who are really tuned to the productive promotion of their game product, should not pass by Joy Gaming. This is a real chance

Currency is numbers and numbers never end. If it takes currency to be powerful, your search for power will never end.

THanks for sharing, I knew the banks will look for ways to control crypto currencies so humans will always be enslaved, people coming back to them for loans which is one of their major trick in making profits.

It time to game for up the coins!!
🎉🎉🎉😁😁🎉🎉🎉

Yeah. Best platform for the casino.
The best thing one should do now is buy a lot of Joy Tokens..
These are right now $0.10. But they will soon become $0.20

Joy token will be huge in future. It is best time to buy.

Biggest player always get opportunities,but hard work can change a man.
If we try our best then we create out possition.
Now i am tring to earn bitcoin,crypto.I trust me,i will be sucess
Thank you

Thanks for the post and sharing your opinion with us! I think the rule of the universe "the rich becomes richer, the poor becomes poorer". All the best.

I think this is great because it give a chance for the smaller casinos to actually compete and succeed in their industry. It's great to see what the blockchain technologies can offer to everyone! So many great and innovative ideas everywhere :)

cryptocurruncy is a process to supply money hand to hand
thanks for sharing

  ·  7 years ago Reveal Comment

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Good luck to ya.

Alreadyi hate gambling

And I am having a feeling that all this different Altcoin are looking like ponzi

Thank you for this beautiful post

yes i agree with you , there is a great idea behind this project

I guess playfair coin is also based on this niche only ....... Joy token has good fundaments and nice working team and they have proper milestone it is definitely good coin and will surely become successful ..... thanks a lot @danizaharie for this article because of you I came to know about this coin !!

Thanks for share this important info 👍

i like this indmformation.thanks alot for shariplease carry on your activity..
procced..

i enjoy your post ^^! Thanks.

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That's a great info of Cryptocurrency @danizaharie

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dear friend @danizaharie i read your post..i like it very mouch,,,,yes i agree with you , there is a great idea behind this project....thank you @danizaharie with us....&...very good work...keep it up..

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