[ANN] Luckchemy - provably fair online gambling platform - page 91.

turenkopolina1992

jr. member

Activity: 238

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Quote from: CryptoLifeEase on April 19, 2018, 06:19:02 AM

So what should be a diligent project, your opinion? What are the points that developers need to understand for ICO to succeed?

Go to the ICO with a clear understanding of how much you need to attract.
The founding team must own between 10% and 50% of all tokens and should not exchange them during the first three years of operation.

NatalieVishneva

jr. member

Activity: 252

Merit: 1

Quote from: CryptoLifeEase on April 19, 2018, 06:19:02 AM

So what should be a diligent project, your opinion? What are the points that developers need to understand for ICO to succeed?

Implement a test version of its own protocol before ICO. So that the interested person can see for sure what they are dealing with and whether it is worth continuing.

CryptoLifeEase

newbie

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So what should be a diligent project, your opinion? What are the points that developers need to understand for ICO to succeed?

CryptoSpase

member

Activity: 110

Merit: 10

Projects that have only a website and a business model sketched on their knees have attracted several million dollars in a matter of hours or days - while many really working prospective projects with cash flows and customers can not attract similar amounts.

Apple4myCat

member

Activity: 224

Merit: 10

Quote from: Jammalan the Prophet on April 19, 2018, 06:16:44 AM

Quote from: turenkopolina1992 on April 19, 2018, 05:29:45 AM

Quote from: sofia.lips on April 19, 2018, 05:28:18 AM

If the ICO is another model of crowdfinding, how can you be sure that I will not be deceived?

There are absolutely no laws governing the conduct of the ICO - in any country in the world. ICO by the buyer is a transaction based on trust.

As with crowd crowding, the project may not survive to the stage of product appearance, or, having appeared, can become a complete disappointment for you.

Sometimes, some enterprising cheaters can simply deceive you by having an ICO for a project they did not intend to develop.

turenkopolina1992

jr. member

Activity: 238

Merit: 2

Quote from: sofia.lips on April 19, 2018, 05:28:18 AM

If the ICO is another model of crowdfinding, how can you be sure that I will not be deceived?

There are absolutely no laws governing the conduct of the ICO - in any country in the world. ICO by the buyer is a transaction based on trust.

NatalieVishneva

jr. member

Activity: 252

Merit: 1

Quote from: RenatMironov on April 19, 2018, 05:26:06 AM

Hi guys, I would like to discuss one of the issues that concern me. Why invest in tokens released on ISO?

By purchasing tokens issued by the project, investors expect:
Get the benefit of reselling the tokens at a higher price in the future (assuming that they will be in high demand - for example, because the project will "fire").
Use your coupons in the future, having received (as expected) services at a lower price.
To support an interesting project for yourself.

ray_saeed

jr. member

Activity: 87

Merit: 1

"Unlike most projects that go to the ICO, Luckchemy games are based on Ethereum blockchain technology. " - please explain. Most ICOs are now based on Ethereum, including those in gambling. Did I get it wrong?

Blockchain kitty

jr. member

Activity: 168

Merit: 2

Quote from: CryptoSpase on April 18, 2018, 12:03:35 PM

What will I have advantages as an owner of LUK tokens?

LUK holders will be involved in a monthly draw, funded by a minimum of 0.5% of wagers placed on the platform during the previous month.

CryptoLifeEase

newbie

Activity: 168

Merit: 0

Quote from: CryptoSpase on April 18, 2018, 12:03:35 PM

What will I have advantages as an owner of LUK tokens?

Users can use LUK tokens to play games on platform. Users automatically selected to participate in Holders’ Draw lottery.

CryptoSpase

member

Activity: 110

Merit: 10

What will I have advantages as an owner of LUK tokens?

Apple4myCat

member

Activity: 224

Merit: 10

Luckchemy has been designed and developed to maintain a strict discipline of using blockchain interactions only when absolutely necessary.

turenkopolina1992

jr. member

Activity: 238

Merit: 2

Quote from: sofia.lips on April 18, 2018, 11:55:46 AM

Quote from: NatalieVishneva on April 18, 2018, 11:55:23 AM

Quote from: RenatMironov on April 18, 2018, 11:47:57 AM

Talking about iGaming’s structure, we mention that it differs through online and offline projects. In offline projects, casinos (37%) and lotteries (31%) are most popular. In online projects, 51% of all amount are sports bets. The casino takes second place with 30%, the lottery — third with 13%.

The reasons for lower indicators are the users’ distrust of the program’s algorithms, as well as the legislative and technical difficulties with obtaining the winnings.

I personally came across cases when I could not get a win just because the casino did not want to contact the laws of my country.

Yes, there are a lot of unpleasant moments through insufficient and thoroughly thought out technical issues!

NatalieVishneva

jr. member

Activity: 252

Merit: 1

Quote from: RenatMironov on April 18, 2018, 11:47:57 AM

Talking about iGaming’s structure, we mention that it differs through online and offline projects. In offline projects, casinos (37%) and lotteries (31%) are most popular. In online projects, 51% of all amount are sports bets. The casino takes second place with 30%, the lottery — third with 13%.

The reasons for lower indicators are the users’ distrust of the program’s algorithms, as well as the legislative and technical difficulties with obtaining the winnings.

CryptoSpase

member

Activity: 110

Merit: 10

Quote from: Apple4myCat on April 16, 2018, 07:57:50 AM

In most projects, there is no reason to use blockchain and cryptocurrency.

Projects that still submit the planned product often begin to accept the currency, reducing the value of their token.

Blockchain kitty

jr. member

Activity: 168

Merit: 2

Quote from: CryptoLifeEase on April 18, 2018, 11:41:59 AM

Quote from: Jammalan the Prophet on April 18, 2018, 11:38:26 AM

Recently there has been a Enormous growth of blockchain market. Where it leads? What awaits us in the future?

A study by SuperData Research found that mobile iGaming was up 75% year-over-year, and that it now accounted for over 25% of all iGaming. It is expected that revenues from the online iGaming market will exceed $ 68 million by 2026.

These data are verified by the results of ICOs. According to the cryptotraders magazine Autonomous NEXT, for the first two months of 2018 iGaming projects attracte

CryptoLifeEase

newbie

Activity: 168

Merit: 0

Quote from: Jammalan the Prophet on April 18, 2018, 11:38:26 AM

Recently there has been a Enormous growth of blockchain market. Where it leads? What awaits us in the future?

A study by SuperData Research found that mobile iGaming was up 75% year-over-year, and that it now accounted for over 25% of all iGaming. It is expected that revenues from the online iGaming market will exceed $ 68 million by 2026.

Jammalan the Prophet

sr. member

Activity: 500

Merit: 250

I read the white papers of Luckchemy, everything is clearly written.
White papers for most of the projects are full of cliches that attract inexperienced investors, but don’t say anything about the essence of the project.

Apple4myCat

member

Activity: 224

Merit: 10

Quote from: Jammalan the Prophet on April 18, 2018, 11:38:26 AM

Recently there has been a Enormous growth of blockchain market. Where it leads? What awaits us in the future?

The market of cryptocurrencies on March 15, 2018 is more than 332 billion dollars. Market analysts predict that the global iGaming market will be growing by 13% CAGR (Common Annual Growth Rate) until 2026.

turenkopolina1992

jr. member

Activity: 238

Merit: 2

Quote from: sofia.lips on April 18, 2018, 11:36:21 AM

Quote from: NatalieVishneva on April 18, 2018, 11:35:31 AM

Until recently, online gambling has been at some point in the mid-stage of its development, meaning the games became available, and the payments were fast, but users still experienced lack of fairness. Meanwhile, it has been a massive step up after years of offline-only interactions, which resulted in a brand-new gaming format and drew lots of opportunities for both players and the industry.

However, blockchain technology not only kicks the gambling industry up a notch — it makes it truly out-of-this-world. The nagging problems that haunt gambling since its inception are no longer relevant when using blockchain.

Beyond any doubt, it encapsulates a new stage in the industry development and allows capturing even the previously skeptical consumers.

Topic: [ANN] Luckchemy - provably fair online gambling platform - page 91. (Read 6328 times)