Well that is Bouncycoin.
The BouncyCoin game is a social game that runs on universal blockchain that allows safe gambling behavior in a controlled environment and where Monetary success = wins a small amount of money over time.
PLAYERS IN CONTROL
If you take GAME THEORY, add group CONSENSUS and BLOCKCHAIN, you get BOUNCY COIN a software platform that allows players to win money in games where they create and control odds.
About Bouncycoin.
In 2014 Americans spent $ 70 billion playing Lottery Games in 44 of 50 states, playing cheated opportunity games with a very low probability of winning. Currently, in California to play Super Lotto Plus, a player selects five numbers from 1 to 47 and one additional number from 1 to 27. The chance of choosing all 6 numbers correctly and winning the grand jackpot is 1 at 41,416,353, which is equivalent to guessing one number from 41,416,353 possibilities.
Most people involved in this game do it out of desperation, community conditioning and misinformation about opportunities. The lottery, however, understands the chances of winning and losing.
There is a dark side on Lotteries. The lottery represents a regressive tax on financially disadvantaged and disadvantaged groups who are the most aggressive ticket buyers. The Duke University study of the late 1980s found that 1/3 of the poorest households bought more than 1/2 of all weekly lottery tickets sold.
Gambling addiction is a public health problem. It is estimated that around 5% of all adults have symptoms of gambling problems. The state of nerves measured in problem gamblers has been compared with the state of nerves called in cocaine dependence. In particular, the problem of gamblers has problems with impulsivity in making healthy gambling decisions. Lottery gambling has been proven to have a purchasing pattern that is consistent with addiction. In fact, research has shown that up to 15% of lottery players have symptoms of gambling problems.
What is needed for the good of people everywhere is social ‘involvement’ which gives all participants the ability to create and manage risk and on terms they control if they choose to engage in behaviors such as gambling.
Bouncy Coin will stop pushing cash to the state-run Lottery by offering social network engagements where participants can win small amounts of cryptocurrency and / or prizes and where they make and control opportunities for their involvement.
blockchain for universal trust and transparency.
First the Bouncy team will write a smart contract to execute our random number maker and related logic. This source code will be published on GitHub for public verification and will allow any party to learn and conclude that the bouncy random number logic is 100% valid. In addition, because our contracts are in a block chain with other company contracts, other developers will be able to request the same Contract in their offer with proper access control.
The Boincy team plans to write contracts for networks other than Ethereum with certain standards.
Random Number Generation
Off-circuit component*
Open source problem
Large data analysis / machine learning (AI)
How does it work?
After starting the demonstration:
Players send bets and enter virtual queues. Bets are made on ETH or BOUNCY markets.
If the queue is not filled in, the game will never be played.
If the queue is full, the game is played.
Queue size = the maximum amount that a player can win.
| Token Name | BOUNCY |
| PreICO Price | 1 ETH = 10,000BOUNCY |
| Price | 1 ETH = 5,000 BOUNCY |
| Platform | Ethereum |
| Accepting | ETH |
| Minimum investment | 5 ETH |
| Soft cap | 500,000 USD |
| Hard cap | 10,000,000 USD |
For more information you can visit at:
And hopefully you like my article for more or less I as an author apologize for the amount.
That is all and thank you.
Author : Sak Karepe
MyEtherWallet : 0xf8C50434523999dF2820d74cAa9959d0027af079
