Despite the high rates of growth of the industry, online gambling is constantly hampered
by a lack of user trust. This problem covers all aspects of the gambling industry, from PRNG
to payments.
Some gambling start-ups try to use blockchain at all stages of the game session, however,
this leads to problems with speed in very dynamic games, where latency is simply not
allowed. Also, the high cost of smart contract execution is a real deal-breaker for micro
bets, because transaction fees can exceed wager amounts.
For example, let’s take the slotmachine. Any in-game action, like betting or changing a bet
amount normally would be processed through the blockchain. But this method slows down
the game, raises fee and makes it nearly impossible to play.
BotGaming uses a blockchain protocol in the game session level only. Once the game
session is open, all transactions like slotmachine spins or drawing hands in poker are
gas-free, and are applied with almost instantaneous speed.
We use PRNG with open source code to make transactions inside the game session
transparent and verifiable.
Common issues that players face in online gambling
● Restricted access to game accounts
● Hidden fees for deposits and withdrawals
● Unreasonably high bookmakers' fees
● Hidden terms that enable casinos not to pay or detain rewards
● Nonverifiable for end user PRNG-algorithms
● Aggressive marketing (email, phone calls, etc.)
Issues that blockchain based gambling startups faced
● Low speed
● High cost of smart contract execution
Issues solved by BotGaming
● No risk of fraud from the operator
● No hidden terms and hidden fees
● Completely verifiable PRNG-algorithm
● No risk of non-payment of rewards
● Almost instant ingame transaction speeds
● Payment for the execution of a smart contract only at the opening and closing of the game session
WHAT IS BOTGAMING?
BotGaming is a blockchain powered gambling platform for messenger bots. Verifiability of odds and building users trust represent our core values. This is why BotGaming has been built using open source PRNG to make interactions inside the game session transparent and verifiable. BotGaming uses blockchain protocol at the game’s session level. Once the game session begins, all transactions like slot machine spins or poker hands are gas-free and are processed almost instantaneously.
WHAT PROBLEMS DOES BOTGAMING SOLVE?
Despite the high rates of growth of the industry, trust in online gambling is lacking. This problem covers all aspects of the gambling industry, from PRNG to payments. The combination of open source PRNG and the processing of all external transactions using the blockchain ensures provably fair gambling.
Mobile device users spend up to 70% of time using messenger apps, which make them especially promising to use as a mobile gambling platforms. A user doesn’t need to install a new application and ad traffic for messengers is significantly cheaper than usual mobile traffic.
The following product charts generally represent in the online sports betting market, casino, poker, and lottery.
Online Gambling Market
● Players move to mobile devices
● Online casinos are banned by AppStore and Google Play in many countries
● Expensive user acquisition. Average $100 (poker) $300 (casino) for new depositing player
● Multiple issues over affiliate contro
Messenger Gambling Market
● Users spend up to 70% their time using messenger apps
● No need to install new app - low barrier to entry
● Cost of user acquisition (CPI) $0.1. Estimating $5 per depositing player real money
● Easy to build an Affiliate network for messenger channels owner
Marketing Strategy
BotGaming’s global development strategy is based on customization for each region. We
will focus on popular messengers in each country and games allowed in its jurisdiction.
● Work with the community
The token sale is not only a tool for attracting investments, but also a way to express
ourselves in the cryptocurrency community.
● Media buying
Since average user spends about 70% of his time in messenger app, BotGaming provides
an ecosystem inside messengers, where users can easily access bots of BotGaming
platform. This availability results in low barriers to enter and high retention rate, along with
a system of notifications and similar messenger user experience.
Therefore BotGaming is an easy scalable gambling platform with cost effective user
acquisition. While web-based casino pays $300 for player deposit (100$ for deposit of
poker player), current cost per game install is only $0.01-0.1, with expected $5 for player
deposit.
Currently the audiences of messenger channels are underestimated. This is due to the low
efficiency of traffic transfusion from the messenger's ecosystem to other platforms,
whether it's web or mobile applications. We offer influencers a reliable way to monetize
their audience by placing adverts or participating in our affiliate program.
Additionally, we have gained considerable expertise in the purchase of traffic from
traditional mobile advertising networks and the subsequent monetization of our bots.
● Affiliate Programs
Two types of affiliate programs will be implemented for BotGaming.
First, players will be able to share a referral link to all their contacts. After a referral
registers with any of BotGaming’s bots, the referrer gets 20% of the GGR for this player.
Second, channel owners can post referral links. Registration as an affiliate partner is
available on the project’s website or through BotGaming’s information bot. There is a
referral commission of up to 50% of GGR.
The calculation of referral payments is instant when game session ends. Identification of
users at the device level enables to avoid affiliate program fraud.
Tokenization model
BOT is a utility token based on ERC20 standards. It is used as in-game currency for all the
game contracts integrated within the BotGaming platform. Keys to BOT can be stored in
platform wallets by players and in any Ethereum client or by more advanced Ethereum
users.
The token supply for token sale rounds are presented as follows:
● Basic token cost $0.01
● Softcap $5,000,000
● Target $15,000,000
● Hardcap $20,000,000
The total amount of BOT tokens to be distributed is 3,625,000,000, which is going to be
allocated as presented proportions:
● On Sale 60.00%
● Team and owners 20.00%
● Reserve 15.00%
● Advisers, Escrow 5.00%
We have already seen significant growth of our platform. It is fast, can handle many users
and is ready to scale after the crowdsale. We assume that every 100,000 Slotobot installs
will generate a trading volume of tokens equivalent to $1,000,000. We want to become the
most reputable and well known messenger bot gaming platform and we welcome our base
to join us to become part of the BotGaming community
Ico Details
Symbol : BOT
Soft Cap : 5,000,000 USD
Target : 15,000,000 USD
Hard Cap : 20,000,000 USD
Total supply: 3,625,000,000
On Sale : 2,175,000,000
Adjustable: Yes. All unsold tokens will be burned
Initial Rate: 1 token = 0.01 USD
Roadmap
Team
Advisor
For more information, visit the link below:
Forum Username : olitaptapan
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566451;sa=summary
0x4832C1D8352841b26577695dEc7B741187D5d1fA
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=1566451;sa=summary
0x4832C1D8352841b26577695dEc7B741187D5d1fA
No comments:
Post a Comment
thanks udah koment blog saya