WINiota platform - Decentralized Casino Betting

in blockchain •  6 years ago 

Gambling has become part of mankind since we don't know when. Gambling is a very big industry and the market is growing by the day. The next step of the gambling industry, is the blockchain technoloy and that is WINiota platform what aims to make!

Every single one of us have tried gambling even once in our life. Some got hooked to the thrills and chills it offers down our spines. Some got addicted, some spent their free time on gambling, some do it for fun, some do it for relaxation and some gamble because of curiosity. Whatever the reason is, gambling has become a very big industry and is still growing as time passes by. Gambling will never cease to exist because it is basically a risk and reward on two sides in which people always seeks for various reasons.

With WINiota platform, gambling will be taken onto it's next level of evolution. Bringing complete decentralization and fairness to the industry is WINiota platform's goal. Everyone, anywhere from the globe can take part on a decentralized Casino-style betting platform without the risk of scams and frauds.

About Company

WINIOTA develops a community based on the On-Tangle Provably Fair Casino & Artificial Intelligence, an improved platform for sports betting. WINIOTA aims to be a world leader in an innovative decentralized game and betting industry, focusing on transparent and fair technologies. The platform is based on transparent, almost instant, peer-to-peer Open Blockchain technology - Iota channels and Iota channel.

Unlike the vast majority of crypto casinos, WINiota uses the IOTA communication environment, not the blockchain. The advantage for WINiota community is of great importance: micro-rates and high-speed gameplay through Iota Flash Channels revolutionize the experience of online casinos.

WINIOTA want everyone to join the WINiota community of players. That's why they offer flexible micro transactions. The WINiota team consists of experts on online gambling with traceable work records in the top 5 online gambling companies; IT specialists and blockchain involved in Iota projects; and experienced entrepreneurs involved in marketing, finance and legal issues. To comply with the rules and regulations, WINiota will receive a license Gibraltar Gambling.

PROBLEMS OF ONLINE GAMBLING

Online gambling platforms today are plagued with controversial issues: The opaque mechanism and inefficient transaction procedures. Most importantly, there is simply no way of knowing what is happening inside the casino’s servers and how the mechanisms are programmed. There is often an air of mistrust and most people have the impression that online gambling is rigged to disfavour the players unethically. In this scenario, players need to rely on trusting the casino, However, like any other business, online gambling has a business model in place designed to ensure its profitability, so ‘trusting the casino’ to act in your favour is not the most ideal approach. Most online gambling operators have set forth their own rules concerning payments, including deposit and withdrawal limits, verification procedures, accepted currencies, fees, and processing time-frames. Withdrawal are often charged to players at an exorbitant rate and they are often a tedious procedure. Collecting what you have earned while betting online should be just as simple as depositing but unfortunately, the process is not as instantaneous. To submit a withdrawal request, players need to select a withdrawal method they intend to use, input their banking details and confirm the amount they want to cash out. The withdrawals will take some time as the casino needs to verify the request in order to ensure the player is indeed eligible for a cash-out. Overall, the gambling experience is tedious as the general idea of these barriers to withdrawal is to keep players in the gambling so as to profit the operators further. Often, players return during the wait time to gamble further, and this is in favour of the operators due to the
idea of house edge.

FIRST MOVER

WINiota provides a completely new online casino & sports betting experience by being the first betting platform to develop a vast array of on-tangle, provably fair games as well as on-tangle sports betting.

SMALL TRANSACTIONS

Besides being able to make large to medium transactions WINiota´s worldwide players will be able to make very small transactions even as low as 5 cents. This means TRUE accessibility to prime gaming & sports betting content for everyone.

ADVANTAGES OF IOTA

THE FIRST DECENTRALIZED ON-TANGLE PROVABLY FAIR CASINO & AI ENHANCED SPORTSBETTING PLATFORM

TOKEN METRICS;

To know more about the WINIOTA Platform,
You can visit the following;

Website - https://winiota.com/
Whitepaper - https://winiota.com/images/Downloads/Whitepaper/winiota_whitepaper_official_english.pdf
Medium - https://medium.com/@WINiota_42868
Twitter - https://twitter.com/winiota
Facebook - https://www.facebook.com/WINiota/
Reddit - https://www.reddit.com/r/WINiota
Telegram - https://t.me/winiotaofficial

Written by;

Bitcointalk - i7claufe
Bitcointalk Profile URL - https://bitcointalk.org/index.php?action=profile;u=1719874
ETH Address - 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0

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Coins mentioned in post:

CoinPrice (USD)📉 24h📈 7d
ETHEthereum287.049$-2.14%5.01%
FLASHFlash0.007$3.81%1.79%
MIOTAIOTA0.706$-6.07%45.6%
TRUETrueChain0.528$-3.75%10.12%