General Introduction of Jgen coinJgen is created with a desire to become the largest and most transparent poker and sports betting platform in the world based on blockchain technology. The founders of JGEN are experienced in the development and operation of online gambling sites. The strong experience along with the advantage of blockchain will be a solid foundation for the success of JGEN in the future. This technological revolution will make online gambling more transparent and even fair, and players will be completely anonymous. Because of decentralization, players do not need to put money in any central server, instead, they will keep their cryptocurrency safe in their wallet anywhere and anytime. Furthermore, JGEN also releases its own cryptocurrency so people can earn coins by mining, or staking. Players or investors can cash out JGEN coins on the exchange or switch to other types of cryptocurrency such as Bitcoin or Ethereum.
As predicted by statista.com, the online gambling market will grow by 20% from 2018 to 2020 to reach over $ 60 billion. However, the application of blockchain technology to this market will help it grow even stronger thanks to the superior advantage. The traditional online gambling market has been facing a lot of problems. The main issues are the strict regulations of governments, the prohibition in some countries, or phishing that affects the player's belief. And blockchain technology has solved all these limitations.
The advantages of JGENStay Truly AnonymousMany countries in the world restrict or ban gambling in any forms. Violators may be fined or even imprisoned. Even in a free country like the United States, online gambling is still suspended in many states. Due to the decentralization of the blockchain, no nation or organization will be able to influence or prohibit JGEN. Because JGEN coin is a kind of cryptocurrency, there will be no central server, no money deposited and its members are easily anonymized.
SecurityIn the past, there were many online gambling sites that cheated and disappeared with players' deposits. Some websites have been hacked, therefore the players' money was stolen or even their credit card details and personal information were exposed. This has made many players to be anxious. But blockchain technology will be believed to change that. Players now can keep money in their wallets safely so that no one can change or steal the money.
Transparency and fairnessBlockchain technology makes it possible to generate random numbers. No one can force them to change their will and everyone can monitor and control it. Hence, this will end the fraud or manipulation of traditional online gambling sites.
Transaction SpeedPreviously, there were many websites that didn't allow players to withdraw money if they couldn't reach the minimum payout, or the process of payment was very slow. Some websites also limit the amount of money per transaction. With its technological superiority, JGEN will resolve those issues. Once cryptocurrency is paid, it could not be withdrawn or delayed, money will be debited to private wallets of the players within 2 - 30 minutes after they withdraw and there is no limit on the number of transactions.
An opportunity to make money without riskSince it is a cryptocurrency, the JGEN coin is a chance for everyone to make money. JGEN offers opportunities for members to mine, stake or lend to earn JGEN coins without taking any risks.
JGEN Token issueThe main goal of issuing JGEN tokens is to raise money for product development activities. Online gambling systems based on blockchain technology require the best experts in the market. Therefore, we have recruited talented and experienced developers to join our core team. Furthermore, a part of the budget will be used for marketing and operation.
ICO Stage• First round
Total supply: 1,400,000 tokens
Price: $0.85
Starts from Dec 28, 2017 to Jan 3, 2018
• Second round
Total supply: 1,400,000 tokens
Price: $1.00
Starts from Jan 4, 2018 to Jan 10, 2018
• Final round
Total supply: 1,400,000 tokens
Price: $1.15
Starts from Jan 11, 2018 to Jan 17, 2018
Jgen Coin SpecificationCoin Algorithm Scrypt (PoW/PoS)
Coin Abbreviation : JGN
Maximum Coin Supply : 28 Million
Coin base maturity : 50 blocks
Total PoW block : 262,800
PoW block reward : 10 JGN
Block Spacing : 2 minutes
We offer referral bonus up to 10%
Jgen coin website https://jgencoin.io/Jgen coin Facebook https://facebook.com/jgencoin/