According to marketing research in recent years, revenue growth in gambling business accounted for 9%, an average of three times more than the growth of world GDP. A significant contribution to this was made by IT-technologies, thanks to which people could play in the casino without visiting the gaming institution.
Online services will develop further in the future due to low operating costs. But at the same time in the industry there are a significant number of problems:
• incorrect calculation of the winning algorithm;
• Account lockout when you win a large amount;
• Legislative restrictions in the field of online casinos.
The result of this was a lack of trust from customers and a slow growth in the number of players.
Winstars develops a decentralized gaming platform and proposes to solve these problems using blocking and smart contracts. These technologies will enable the development of an international and honest gambling operator, where users can view the history of each bet or batch, as well as an algorithm for determining winnings.
Platform Overview
The core of the platform is a decentralized system of smart contracts. It distributes random numbers and playing cards, as well as money on customer accounts.
A random number is calculated by the cryptographic algorithm RSA, which is based on the work of one-way hash functions. Several parameters serve as input data, which provides a higher model reliability than competitors:
The first RNG = F (Hash 4 from the end of the block, the Hash of the transaction block of the Wins player input)
The subsequent RNG = F (Hash 4 from the end of the block, Previous RNG)
The input parameters are:
➢ transaction hash;
➢ previous generator result;
➢ private key of the slot.
The system uses an internal protocol, which significantly increases the speed of its operation. If you take the data of the Etherium or Bitcoin blocks as the source, then clients would have to wait at least a minute or an hour, respectively. The Winstars platform is able to produce the result instantly.
If the project can collect $ 15 million during the ICO, additional modules will be developed that will allow the cavity to plunge into the game process using virtual reality glasses.
The use of blocking technology allows you to get many advantages:
• there are no hidden commissions for the transaction;
• a decentralized system means a guarantee of payment and the impossibility of blocking an account by the administration;
• Transparency of the platform;
• the possibility of scaling and the absence of geographical boundaries for business development;
• The minimum stake;
• there is no need to confirm the identity;
• Automation of processes.
The economy of the
Token platform system is called WINS (supports the ERC20 standard). It serves for:
➢ the implementation of gaming rates;
➢ payment for additional services.
Since the rate of any crypto currency increases with the increase in the number of people using it, the team's task is to ensure the demand for a token. First, it will be players who purchase WINS on the exchange, in order to place a bet.
Initially, the platform is placed in a more advantageous position:
• presence of 0 on roulette;
• negative mathematical expectation of each "spin";
• commission for a bid;
• Contribution to the prize pool of the poker room.
The combination of these factors leads to the fact that the outflow of funds from the platform will be less than the amount of money coming from outside. In economic terms: demand exceeds supply.
Conclusion: the constant growth of the token rate!
The business model assumes 18 player wins against 19 casino wins, the coefficient of issuing slot machines is 95%. 5% - income Winstars. Thus, the project fund will constantly grow, but these tokens are not planned to be sold on the stock exchange. The subsequent fate will depend on the degree of development of the project in the initial stages.
Also, the platform has a unique function - once a month, every WINS owner will be charged a certain amount of money. It is determined randomly and depends on the casino profits.
Additional Features
Winstars implements an additional module - the marketplace of gambling. Any programmer will be able to place his development and receive a commission in the platform tokens from the income of this game. But we must take into account that first it will be necessary to undergo moderation.
Another way to earn money is to participate in an affiliate program. For investors in the ICO period, a three-tiered system was developed: 5%, 3%, 2%. And for partners and webmasters - five-level. The program is shown in more detail in the figure:
Details of ICO *
The release of 150,000,000 tokens is provided, of which 103,000,000 units will be available for sale. They will be distributed using a smart contract (the code is placed for public audit). The minimum threshold for raising funds was announced at $ 5,000,000. ICO is divided into two phases:
• PreSale - passed from 10/05/2018 to 20/05/2018. At this stage, 22,500,000 tokens were available for sale with a value of 0.16 USD;
• Main Sale - will be held from 03/06/2018 to 03/07/2018. At this phase 80,500,000 tokens will be available for sale with a value of 0.2 USD.
In order to buy WINS you need to register on the Winstars.io website and fill up your account with a transfer of Bitcoin or Ethereum. To store tokens, the team strongly recommends using only:
• METAMASK;
• MY ETHERWALLET.
The distribution of tokens is planned as follows:
• 69% - available for sale during ICO $
• 10% - team reward;
• 8% - financing of the game fund;
• 8% - reserved for bounty and referrals;
• 5% - remuneration to consultants.
The collected funds will be directed to:
• 40% - development of the platform;
• 20% - marketing costs;
• 15% - expenses for operating activities;
• 15% - allocated for referral and affiliate programs;
• 10% - the reserve of the company.
conclusions
Wеbѕіtе: https://winstars.io/
Whіtерареr: httрѕ://wіnѕtаrѕ.іо/whіtерареr.рdf
Tеlеgrаm: https://t.me/win_stars
Twіttеr: https://twitter.com/winstars_io
Lіnkеdіn: https://www.linkedin.com/company/winstars-io/
ANN: https://bitcointalk.org/index.php?topic=3591488
Fасеbооk: httрѕ://www.fасеbооk.соm/wіnѕtаrѕ.іо/
User Name : bungasakura5
Profile: https://bitcointalk.org/index.php?action=profile;u=2204918
Eth : 0x44808C2EA67D20E350574259A16BC36F81d8BebD
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