RACOIN VERY SAFE PAYMENT METHOD

in racoin •  7 years ago 

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RAcoin is a universal utility token that successfully meets the needs of the online and offline levels of modern gambling, and is also acceptable as a regular payment method. As a result, a number of European internet gambling platforms integrate RAcoin on an equal footing with fiat.
This is a brief review of how RA Entertainment Inc. will plug RAcoin into the New World ecosystem and what benefits it gives to the holders:

  1. New World guests can choose an appropriate payment method for all the services provided in the hotel. Even a bottle of water they can purchase either via common means of payment — cash, checks, credit cards — or RAC. The main reason to use tokens is profitable, convenience and privacy.
  2. When paying for services in tokens a user may receive extra VIP services for free. For instance, if you purchase a deluxe suite with tokens as a bonus you get a yacht trip for free. Or if you book an ordinary room with tokens you receive spa treatments for free. Access to some VIP gaming rooms is available only for tokenholders.
  3. The “operating” jackpot is another opportunity for RAcoin offline world utilization. If the customer chooses to participate in the jackpot he pays for the service or good provided by New World plus 1% of the total amount of purchase. Extra paid money will accumulate on a standalone account powered by smart contracts. Each time the sum on the account reaches 100,000 RAC the jackpot is played out. Customers who used the option “pay and participate in the jackpot” will have a chance to get a portion of these funds via smart contracts that provide ultimately transparent algorithm of winner determination. Anyone can verify that each round of the jackpot is fair, and the final results are absolutely random. Find more information about the jackpot advantages in Section 8 – User Engagement.

HOW RACOIN WORKS:

  1. Payments for all goods, services and accommodations provided in the New World complex, which will be built and open regardless of how much money the crowdsale of RAcoin raises.
  2. Payments in other casinos and hotels that will collaborate with RA Entertainment Inc. and join the RAcoin ecosystem in the future..
  3. Deposits and winning withdrawals for online gambling and betting platforms. So far RA Entertainment Inc. has an agreement with a European casino company for integration of RAcoin into its affiliated sites. The sites will implement RAcoin as an alternative method of payment no later than three months after the crowdsale is completed. The company is open to negotiations with other potential partners. 18
  4. Iterative “operating” jackpot along with one-time “crowdsale” jackpot. The first one will be played out each time the special standalone account will accumulate 100,000 RAC. The second one will be launched only once, at the end of the main token sale.

The advantages of using RAcoin for real-life casinos :

  1. Possibility of paying for any service or good (including casino chips) in tokens at excellent discount rates.
  2. When paying in tokens, users have an opportunity to immerse themselves deeper into the game-driven reality of RAcoin and become “operating” jackpot players.
  3. When paying in tokens users can get a number of additional services for free. Some are available to token holders only

Wallet Opportunities:

  1. supports coin to coin trading
  2. supports anchor currency trading
  3. supports OTC trading with fiat
  4. supports cryptocurrency withdrawal
  5. supports games (sport betting, lottery, lucky draw, slots, beetle game, etc.)

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Wallet Advantages:

  1. easily finishes coin-to-coin trading on exchange level
  2. easily exchanges RAcoin and play games inside the wallet
  3. easily withdraws RAcoin into anchor currency or fiat after games
  4. utilizes an OTC model: Over-the-Counter Market, so users can easily trade with fiat money
  5. RAcoin will be traded actively on a secondary market, which will definitely bring higher value to Racoin

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RA Exchange

  1. going to be released this year
  2. designed specifically for the gambling project and mainstream cryptocurrency
  3. it will be the first theme cryptocurrency exchange, as well as another pioneering work by RAcoin
  4. interactive with RA Wallet

TOKEN SALE
Sale of RAcoin will be conducted in two stages:

  1. Pre-sale March 26, 2018 — April 2, 2018
  2. The public token sale April 28, 2018 — May 28, 2018

Terms of the pre-sale:

  1. Pre-sale opens on March 26, 2018 9:00 UTC, closes on April 2, 2018 23:59 UTC
  2. 1 ETH = 100,000 RAC
  3. Available ways to purchase RAC: BTC, ETH
  4. The token’s rate in BTC will be dynamically adjusted relative to weighted average ETH/BTC rate on the exchanges
  5. The minimum number of tokens for purchase is 100 ETH (or equivalent in BTC at the current exchange rate)
  6. Pre-sale discounts: 3,000,000,000 RAC 500-1000 ETH: +30% of RAC 1000 ETH and more: +50% RAC
  7. Hard cap (the maximum number of tokens that can be sold during the pre-sale, including the discounted coins): 3,000,000,000 RAC
  8. If the maximum pre-sale’s hard cap is received before the official end of the token pre-sale, the pre-sale will be terminated ahead of schedule

Terms of the public token sale:

  1. The public token sale opens on April 28, 2018 9:00 UTC, closes on May 28, 2018 23:59 UTC
  2. 1 ETH = 100,000 RAC
  3. Available ways to purchase RAC: BTC, ETH

The token’s rate in BTC will be dynamically adjusted relative to weighted average ETH/ BTC rate on the exchanges:

  1. The minimum number of tokens for purchase is 0.1 ETH (or equivalent in BTC at the current exchange rate);
  2. Token sale discounts: 1-50 ETH: +5% of RAC 50-100 ETH: +10% of RAC 100 ETH and more: +25% RAC
  3. 20,000,000,000 RAC will be issued during the pre-sale and the token sale, which will compose 100% of all system tokens and cannot be increased in future
  4. Hard cap (the maximum number of tokens that can be sold during the token sale for public): 5,000,000,000 RAC
  5. If the maximum target amount is received before the official end of the token sale, the token sale will be terminated ahead of schedule
  6. The minimum target amount (soft cap) for the token sale: 2,000,000,000 RAC
  7. If the minimum amount is not received at the end of the token sale, all funds will be returned to the participants of the token sale (minus the transaction commissions received by the miners)
  8. Pre-sale and token sale tokens will be released (minted) within a few days after the end of the token sale

Each participant of the pre-sale and token sale automatically become a participant of the “crowdsale” jackpot. There will be three types of awards:

  1. Diamond, 100,000,000 RAC, 1 prize winner
  2. Platinum, 5,000,000 RAC, 10 prize winners
  3. Gold, 500,000 RAC, 100 prize winners

ROADMAP
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Please visit the following link for more information
ANN Trhead: https://bitcointalk.org/index.php?topic=3177504.0
Bicointalk URL: https://bitcointalk.org/index.php?topic=3503957.0
Whitepaper: https://racoin.io/pdf/racoin_whitepaper_eng.pdf?ver=20180329
Webside: https://racoin.io/#media
Facebook: https://web.facebook.com/RAcoin-1348409231971565/?_rdc=1&_rdr
Twitter: https://twitter.com/RAcoinNews
Telegram: https://web.telegram.org/#/im?p=@racoinnews

By : Jrengkon
My Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1292279
MEW :0xD04367465c4081019C1337c93bfE54C8fd527747

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