Namely JoyToken, which is the platform and protocol that forms the foundation for a "merciless" gambling ecosystem in which smart contracts are used to determine the outcome of the game automatically. By joining the JoyToken platform, game developers can gain distribution and gain awards from their games.
JoyToken is a functional and blockchain supported platform for the gambling industry where smart contracts are used to reward developers for creating games.
Get To Know Joy Token
The lack of trust and transparency is a concern with the online gambling industry. Players tend to use reputable casinos instead of smaller sites, even if they offer more "interesting games", because players naturally gravitate to casino brands that they trust.
The lack of trust and transparency is a concern with the online gambling industry. Players tend to use reputable casinos instead of smaller sites, even if they offer more “interesting games”, because players naturally gravitate to casino brands that they trust.
Joy Gaming’s technology is a transparent blockchain-based system, which will help improve trust in the gaming industry. Joy Gaming’s technology enables users to play in a transparent and code- governed environment. This allows players and developers to have confidence in the fairness of the games. Through an innovative RNG generator, players will have peace of mind that the games they play are fair and safe. Developers, casinos and businesses bene t from an ecosystem that provides liquidity sharing and fair compensation. By connecting developers and casinos, we aim for an optimal solution where all participants in Joy Gaming benefit.
The existing Gaming ecosystem is largely reputation driven - a reputation built up by increased advertising. To acquire and retain players, casinos are forced to spend large amounts in order to build trust and reputation through brand awareness. In addition, large casinos control game development. Players are forced to trust these casinos because a lack of transparency means that players can’t track their wagers and thus can’t assess the legitimacy of each bet.
Smaller developers also suffer because they are paid a small percentage of the games revenue and face difficulties when publishing a new game, such as: lack of immediate income and access to the large gaming platforms.
Further, game developers and software houses can connect and integrate with liquidity providers, such as casinos, to provide access directly to their games. Both the casinos and the developers bene t from the additional revenue and increased game innovation. The lack of reputation of any specific site can be offset by the fact that rules and underlying infrastructure of the games are recorded on the blockchain (in addition to the approval system before games are allowed to go live on the Joy Gaming network).
Financial
Token Info
Token: JOY
Platform: Ethereum
Type: ERC20
Price in ICO: 1 JOY = 0.2 USD
Investment Info
Accepting: ETH, BTC
Distributed in ICO: 30%
Soft cap: 1000000 USD
Hard cap: 46340000 USD
Roadmap
- June 2017 - 500,000 Seed Funding
- October 2017 - Onboard advisors from industry and blockchain
- November 2017 - Joy Gaming Foundation Established, Speaking At BlockChain Expo
- December 2017 - Demo Slot Machine using Smart Contracts, Application for Gambling Developer License, Launch of Joy Gaming Platform for Developers, Code Audit
- February 2018 - Token Sale
- March 2018 - Token Sale Audit
- June 2018 - Games live on Playcosmo
- August 2018 - Expansion into Fixed Odds Table Games Integration to More Platforms and Direct Operators
Joy Team
Conclusions and Official References
JoyToken is committed to deliver smarter games to existing and new casino players by giving innovative and creative games developers easy access to operators in our one stop solution. JoyToken delivers this in four easy steps:
- Game integration and hosting is simple with our own tried and tested game development system.
- Payments go straight to developers' bank accounts in the form of JoyTokens.
- All relevant regulatory and compliance requirements will be taken care by us.
- Instant access to market via our own online casino site; PlayCosmo Casino which is licensed in the UK, Malta and Curacao and allows developers to test their games before general release to other operator’s casino websites.
To find out more or more information, please visit the following link:
- Website: https://joytoken.io/
- Ann Thread: https://bitcointalk.org/index.php?topic=2625250.0
- Whitepaper: https://joytoken.io/white-paper.html
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