The gambling industry has been steadily growing in the past few years, not just in the developed countries, but also the developing countries. My uncle has been doing this as an amateur for a long time and has earned moderately as well. According to him, the expansion of the internet, practically everywhere in the world has facilitated more and number of people to enter this industry. Also, this helps more players to learn from various resources to increase their earnings. They can even analyze the market before gambling now. All this has led to the growth of the gambling market, and there's no stopping it.
But even then, a surprisingly small number of new entrants are seen in the market. When asked about this discrepancy, my uncle responded it is mainly due to the scammers in this market. There have been many instances of people losing all their money, and legally no action could have been taken against them. Also, banks of countries where betting and gambling are illegal to have seized the legitimate earning of people from them. All these are hindering the new entrants.
Introducing Winstars, a completely new platform that gets rid of these ills and gives the industry a new look.
What is Winstars?
Winstars is a gambling platform that is built using blockchain and smart contracts. It has many online gambling resources, for the aid of experienced players as well as new entrants in the market.
The games are designed to be simple, and anyone can play it. The rules are fairly easy to learn, and you need not be a pro gambler to play in the Winstars platform.
For a long long time, there has been a question on the fairness of the game. But with blockchain, this can be safely eliminated. A new standard in transparency and fairness has been introduced now.
The security of the platform is nearly unbreakable, and the courtesy goes to blockchain once again. Winstars ensures that people do not have to worry about scammers and fraudsters anymore.
Using cryptocurrencies, the payout methods would improve and there would be no cases of seizure of cash prizes by the banks.
In short, Winstars does away with a lot of ills of the industry which has troubled people for a long time and gives it a new life.
How does it work?
Various methods, such as tampering with card decks, or die, were adopted by gamblers for a long time to create biased results towards some people.
But now with blockchain, this is history. Blockchain ensures that the game is 100% fair and everyone gets an equal chance to win.
Various banks seized the cash money legitimately earned by some gamblers, but now since these payments would be done using cryptocurrencies, in a decentralized manner, the banks cannot do so anymore. This will encourage a lot of new players to enter the market.
In this manner, Winstar solves some of the most complex problems of this industry to give it a new face.
About ICO
The Winstar or WINS token is the altcoin of the Winstar platform.
150,000,000 WINS tokens will be created in total.
The tokens will be sold in 2 phases :
- 10th May - 30th May 2018 - Pre-ICO sale
- 3rd June - 20th July 2018 - ICO sale
The project is currently priced at $0.20/WINS token.
The project is soft capped at $5,000,000.
Verdict
Even though the gambling industry has become quite popular in the past few years due to the advent of the internet in even the remotest parts of the world, the industry has not seen the proportionate increase of new entrants in the market. This is largely due to the lack of trust due to the presence of scammers in the market.
Not only this, gambling is still banned in many countries of the world, and winners hailing from those countries have even lost all of their earnings when their earnings were seized by banks.
This created a serious barrier and the industry suffered quite a bit.
Winstars identified these problems and prepared a wonderful solution.
Winstars platform is designed to be simple, and anyone can play it, even someone who's relatively new.
Using cryptocurrencies, the payout methods would improve and there would be no cases of seizure of cash prizes by the banks. Above all, the fairness of the game will be maintained, and the security of the users will be taken care of in a never seen before manner.
In this manner, Winstars changed the gambling industry and changes it for the better!
Website: https://winstars.io/
Whitepaper: https://winstars.io/whitepaper.pdf
Blog by ollivander7
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=1069616