The current system used by the gambling world is currently not really in the best interest of the software developers (they deserve the most credit!), the players and other upcoming casinos. From the point view of a software developer, programming a gambling software and marketing it to the big guns in the casino world is NOT a ride in the waves. These casinos carry themselves with sufficient pride and smugness to water down all hopes and optimism of the developer. The gaming programs will be highly priced down till the developer only has close to 3%, considering the fact that the putting up of a team and marketing process has already cost a whole lot. Now if the software programmer decides to go to more humble companies, he will be accepted much more easily, but then, the profit that will be made from these smaller casinos will hardly be enough since it takes high reputation for many gamblers to visit that particular roulette machine in that particular casino.
The reputation building sited earlier has been the main setback for smaller casinos. The average person that gambles will prefer to go to a casino or casino website that he is familiar with to avoid falling into the traps of fraudsters who will just keep on taking all the money placed or have the odds of winning extremely low.
With the expertise of the JoyToken team headed by Andrew MacDonald, all gaming software submitted by developers will be added to their system and vetted by their quality control team. JoyToken will ensure that the game has fairness and reasonable odds of winning through their RN generator, that the fees given to the software producer in any casino that uses their platform whether big or small is a flat rate and not subject to bastardization and will help smaller casinos using their platform to gain reputation quickly since the customers will know that the same system that is used in the more established casinos is also used in these ones.
With Joy tokens tripartite weapon; A blockchain layer, Game applications and Random Number Generator, they are able to ensure the trustworthiness of their platform is held in high esteem, even to the extent of using smart contracts during gamble payments to ensure that the money doesn’t go to any of the two parties until the contract has been honored, and even keeping all game records on the blockchain in a decentralized way to ensure transparency.
Token sale structure
Cryptocurrency accepted: ETH, BTC, Wire transfer
Hard-cap: JoyToken sale has a hard-cap of 46 340 000 USD.
Soft-cap: JoyToken sale has a soft-cap of 1 000 000 USD. If the total amount raised is below the soft-cap, the offering is considered failed.
Timescale: Starting approximately on 20th of March 2018 and lasting for up to 31 days or before all the tokens are distributed.
Oversubscription: When JoyToken offering raises more than 46 340 000 USD, the token sale will be closed immediately. There is a chance of oversubscription. In such an event, the exceeding amount of fund will be returned within 15 days after the close of the token sale.
Please note that no interest will be paid in such case.
Failure: If the token sale does not hit the soft-cap, then it will be considered a failed token sale. The offering will be terminated and any funds sent will be returned within 15 days after the close of the token sale. Please note that no interest will be paid in such case.
Information about this platform can be accessed via the following links:
Website : https://joytoken.io/
ANN Thread : https://bitcointalk.org/index.php?topic=2625250.0
Telegram: https://t.me/joytoken
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2002393;
