[ANN][ICO] LIGER Coin - Revolutionary Cryptocurrency for Casinos and Gaming - page 20.

Dialtopal

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Quote from: zinal2607 on May 25, 2018, 12:27:29 PM

That’s wonderful.. trust is the most important thing in this business . What about the charges and time taken to complete the transactions?

With the casino will be afforded quick and cheap transactions tailored specifically for this type of use. Current PoS systems are highly expensive to make transfers on. Liger’s currency will attempt to plug up this leak in what should be as close to a closed system as possible between the gamer and the casino. This means more money for both parties.

zinal2607

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That’s wonderful.. trust is the most important thing in this business . What about the charges and time taken to complete the transactions?

RobertzSmith

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Offline too? ? That should be interesting!

Dialtopal

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Quote from: zinal2607 on May 25, 2018, 12:19:21 PM

Ok that is converting traditional banking system users to cryprocurencies..But is it fixing any problem?

Liger is basing itself on the Ethereum blockchain, using the standard ERC20 Token interface. This means a completely transparent system via smart contracts and limitless expedient transactions that put nearly any fiat systems to shame. By operating on a crypto-platform with smart contracts, all users of the platform can be guaranteed what the real odds on any bet are. There can be no doubt on the part of the gamer if the house is trying to pull one over on them or not. Trustworthiness such as this is nearly a guarantee that more players will be interested in casinos operating with the Liger system.

zinal2607

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Ok that is converting traditional banking system users to cryprocurencies..But is it fixing any problem?

RobertzSmith

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ok..there are already so many crytocurrencies used in the gaming industry.. I think Liger is just a me too.. why would users prefer Liger?

Dialtopal

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Quote from: zinal2607 on May 25, 2018, 12:12:16 PM

What was the thought behind starting Liger?

the ongoing popularization of cryptocurrencies, there has been a large market for using the coins for gambling online. This has allowed people from all over the globe to participate within the same casinos, wherein with standard fiat gambling more regulations cause problems for anyone wishing to join in on a betting pool from another country. This market has grown quite rapidly, from casinos to sports betting.
However, breaking into the offline casino market is an entirely different beast. Liger is attempting to get into a market that is nearly untouched by cryptocurrencies, and at the same time improve the current status quo that exists within the casino for the betterment of both the gamer and the house.
Liger is an attempt to advance the operations of casinos, both online and offline, into a global ecosystem.

zinal2607

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What was the thought behind starting Liger?

RobertzSmith

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Yes I understand that technology has helped businesses to go the next level.. but technology also has threat from the ever emerging hackers...an tampering in the system can cause huge setbacks for the users and the merchants.

Dialtopal

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Quote from: RobertzSmith on May 25, 2018, 11:58:42 AM

Any incentives for the users?

- extra chips for users
- Gold and Platinum membership : Club Facilities and Special Offers LIGER Gold and Platinum Members will have access to exclusive, niche, top of the line facilities in the top most clubs
- user will have option to be on casinos side for bets
- Credit Ratings Gamers face a challenge in maintaining their credit scores due to the Financial Institutions viewing their spends in Casinos in a poor light. With Liger, the usage is completely anonymous and the Gaming Enthusiasts have no fear of Negative credit ratings based on the Bank's perception the Gaming and Wagering Industry
- ease of use - liger wallets will be integrated to POS installed. Users can participate thru hand held devices

Dialtopal

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Quote from: RobertzSmith on May 25, 2018, 11:52:24 AM

Offline too? ? That should be interesting!

Yes. The team is 100% committed to the project and will not leave any stone unturned.

RobertzSmith

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What impact do cryptocurrencies have on online casinos and poker websites?

Dialtopal

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Quote from: RobertzSmith on May 25, 2018, 11:44:58 AM

ok..there are already so many crytocurrencies used in the gaming industry.. I think Liger is just a me too.. why would users prefer Liger?

Liger is designed not just for online casinos and fantasy sports portals, but also, offline casinos. Liger intends on partnering with world’s top online and offline casinos and fantasy sports websites.
They will set up exchanges at offline casinos for players for easy ac
cess to the cryptocurrency. Going a step ahead, Liger also plans on setting up its in-house online and offline casinos and fantasy sports websites. Offering speedy and secure transactions, Liger aims at becoming the utility of choice for players and service providers alike.

Dialtopal

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Quote from: RobertzSmith on May 25, 2018, 11:38:46 AM

Yes I understand that technology has helped businesses to go the next level.. but technology also has threat from the ever emerging hackers...an tampering in the system can cause huge setbacks for the users and the merchants.

That’s right.. hence the use of blockchain technology.. any tampering or changes in such systems can easily be detected thereby reducing threats to a great extent.

Dialtopal

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Quote from: RobertzSmith on May 25, 2018, 11:30:12 AM

What impact do cryptocurrencies have on online casinos and poker websites?

Online casinos and poker websites lack the element of transparency, with the players not knowing if the casino is really playing by the rules or not. Blockchain Technology and use of Smart Contracts offer a solution to this issue. Putting every transaction in a public ledger allows players to know that they have a fair play going on. Also, there is a security provided that wasn’t easy to have earlier.Also with an encrypted distributed structure being employed for the use of cryptocurrency, only the players and service providers have keys to such a system.

saharsh89

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Quote from: alexthomas on May 25, 2018, 10:48:35 AM

Once you have a strong platform you can expand into various other suitable merchants and partners who can increase your revenues ?

That's true for most businesses. We are also trying to build something which has it's own value proposition and comes with unique technological advantages. Once we have achieved our existing set of goals we can always see other revenue streams which can be beneficial for our customers and other participants.

alexthomas

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Once you have a strong platform you can expand into various other suitable merchants and partners who can increase your revenues ?

saharsh89

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Quote from: alexthomas on May 25, 2018, 10:41:53 AM

But why will existing successful merchants shift towards you ?

The merchants face a series of problems themselves like spending on bookies, penetrating into different geographies etc. With partnership with Liger - they will have access to a big market, which means they can work on improving their products and offerings.

alexthomas

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But why will existing successful merchants shift towards you ?

saharsh89

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Quote from: alexthomas on May 25, 2018, 10:34:39 AM

How about Gamers and Participants - will they be able to get any insights on which merchants is better at what ?

Absolutely, all the transactions will be on blockchain and it would be possible to see who is doing which transactions. The whole ecosystem will be open. Depending on agreements with the merchants we may also be in a position to provide some analytics around merchant ratings and performance

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