In its quest to bring the blockchain to gambling, TrueGame is having a crowdsale to raise funds for a platform that is already working and growing in popularity. Built on top of the secure and transparent Ethereum blockchain, the TrueGame community continues to grow, and with the crowdsale the aim is to scale the platform into a global phenomenon.
The blockchain is having a transformative effect on the gambling industry, by bringing greater transparency and fairness. On the blockchain, all transactions are published on a shared ledger, allowing users to analyze the data to make sure an application is programmed fairly. The transactions executed by decentralized smart contracts automatically execute when two parties fulfill their obligations, and these transactions are both immutable and mathematically derived. The code within the smart contracts can be examined by all users, and once executed cannot be altered or tampered. Smart contracts thus prevent the need for third parties such as brokers or dealers who raise the cost of transactions, and are thus labeled trustless. The savings and convenience brought by smart contracts are used by TrueGame to provide a superior platform to traditional casinos that operate arbitrarily and without transparency.
The TrueGame platform has developed over 10 games that are currently live. The platform specializes in lotteries and scratch card games. The numbers generated in these games are random, which can be validated in the smart contract code. As a transparent gambling platform, the software that powers TrueGame is open-source. In addition to being live and with a working suite of products, TrueGame is licensed in Costa Rica, thus assuring token holders and its community of users that the platform is in compliance with applicable laws. Towards the end of the crowdsale or just after it, TrueGame will show its gambling license to the public. Thus, TrueGame stands out from its competitors in not only having a live product, but also in already having taken care of the licensing obstacle.
The currency of the platform is the TGAME token that is ERC20 compliant and runs on top of the Ethereum blockchain. TGAME tokens will be required to place bets and will be paid out to winners. TGAME can be traded on exchanges for other cryptocurrencies and fiat currencies. No more than 300,000,000 TGAME tokens will be created, keeping the supply limited and thus benefiting token holders.
The TrueGame presale is taking place from March 5 to April 15, 2018, during which investors can buy TGAME tokens for 11,100 to 12,950 per ETH, depending on the stage of the presale. The minimum investment during the presale is 0.2 ETH. During the main sale from April 16 to April 30, 2018, investors can buy TGAM tokens for 9,250 per ETH. The minimum investment during the main sale is 0.10 ETH.
*I am receiving TGAME tokens for the growth of the community.
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