Joy Token: Token Structure

Joy Token: Token Structure



The gambling market is growing at a rapid pace, more and more people are willing to experience hitherto unprecedented sensations related to nerves, risk and adrenaline, and also to test their fate in the hope that they will be able to test their fortune and to break the jackpot that can completely provide a comfortable life. But is it so interesting to repeatedly participate in the same type of games? The question is, why is the direction for developing and promoting fundamentally new games so poorly developed?
PROBLEMS
The existing game ecosystem is largely determined by the reputation created, at times, by aggressive advertising methods. In order to attract and retain new players, casinos are forced to spend substantial sums in order to translate the idea of ​​the HYIP of their own site into reality, after which the trust and reputation of the brand will be built. In addition, large casinos manage the development of games and applications unilaterally. Players, if they want to play on a particular platform, are forced to accept all the conditions presented and trust these casinos, hoping and believing that the lack of transparency will not lead to fraud and deception. Players can not track their bets and thus can not assess the fairness of gambling.
To fully meet the needs of a person in excitement is very difficult, not enough just to provide customers with a gambling site with specific popular applications and games, you also need a variety of assortment, so that everyone chooses something that he likes.
Many developers who manufacture their gambling applications and games also suffer from the fact that they are paid a small percentage of the revenue from the games, they also face problems when publishing their new development, such as: the lack of immediate income and access to large gaming platforms.
DECISION
The JoyToken project is determined to present the world with completely new and more intelligent games to existing and new casino players. Developers platform provides an easy and powerful tool for introducing their product into an already operating casino and profit.
The JoyToken solution is implemented on the blockroom, which allows developers to create games that are run on its server part under the management of smart contracts. Since all the results of the games are recorded in the locker, it entails virtually no fraud, which will increase the interest and trust of the players.
Game and application developers can connect and integrate with liquidity providers, such as casinos, to provide access to their games directly. Both casinos and developers benefit from additional revenue and increased gaming innovations. The lack of reputation of any particular site can be compensated by the fact that rules and the underlying infrastructure of games are recorded on the block.
ABOUT THE PROJECT
The gambling network JoyToken relies on decentralized smart contracts to ensure the security, decentralization and storage of all actions on the block. Through it, it is also possible to audit everything that happens in the project. Users who play games will be able to view in real time their results and rewards for the entire time. Unlike traditional casinos, where deposits are deposited into a casino account, users will always have control over their JoyToken wallet (and withdrawals are easier and faster).
Game application codes will be placed on the servers of the JoyToken project or through the IPFS / Sia / Storj network. The result of each game will be transferred to the Smart Contract. After that, the game servers will provide the game state of the block-crap using JSON RPC via IPC. The user experience will not be affected by the use / availability of the block, because all the results of the game will be available immediately. This function ensures that the user experience is close to the traditional gameplay, ensuring that the process is also completely transparent and decentralized. Each game code will be available on the blockroom together with full verifiability on the generated random number.
A key part of the gaming industry is the testability of the random number generator. In the traditional sense, RNGs are usually managed by a company that hosts games (a centralized solution). However, in the case of JoyToken, this will be decentralized and fair, because each game will run according to an individual algorithm, which is based on the RNG generator associated with the Ethereum smart contract.
ADVANTAGES
The JoyToken project offers 4 main advantages that gambling developers will appreciate:
  • Simple integration of the game and its hosting on the basis of its own, independent, proven game development system.
  • Elimination of mediation in the making of profit by the developers. All proceeds go directly to their wallet in the form of internal tokens of the JoyToken project.
  • Presence of own product control, which monitors compliance with all relevant regulatory and ethical requirements.
  • Fast listing and access to the market on its own operating online casino site is PlayCosmo Casino, which is licensed in the UK, Malta and Curacao and allows developers to test it on their site before general release to other casino sites.
WHAT ON ICO ACCOUNT?
The main parameters displayed on the ICO are as follows:
  • Terms of the sail: March 20 - April 19, 2018.
  • Name of the token: JOY;
  • Standard token: ERC-20;
  • The price of the token YOU: 1 JOY = 0.2 USD;
  • Minimum cap: 1 million USD;
  • Maximum cap: 46.34 million USD;
  • Total number of tokens: 700 million JOY.
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AUTHOR: Vionaa

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