Neogame is a blockchain platform the for-profit model of gambling
The idea of the new Neogame project is to create a lottery that does not have an organizer, and is not a business unit at all. Neogame will be governed solely by a lottery smart contract, which autonomously executes the game algorythm. The smart-contract holds funds, gets random numbers and distributes prizes in an absolutely clear linear manner. This way Neogame eliminates hosts, intermediaries and any business people from the game. There are only players playing with each other and the lottery smart contract that makes the no-commission game possible.
About Neogame Project:
Neogame is a lottery without a host. It has no third-party owner or recipient. Once the project is launched, the team will lose control of the lottery, and the project will not start working as a decentralized Autonomous organization (DAO), governed by the contract and the pintar owners team.Baik tokens will be able to make it affect the algorithm or draw the results, and no third party will be entitled to receive dividends in the amount of permainan.Neogame to make a profit , and therefore The benefits of token holders will depend only on the rising cost of tokens, which is rotated into the logic of the project.
-Tenpenny growth Token for a better understanding of why tokens should rise in price.
Organizing and investing in gambling can come with tertentu’s ethical issues.Bukan secret that many players become addicted to gambling, social consequences that could possibly be compared to addiction or gambling online alcohol.Perkembangan exacerbates the problem because the game gets easier diakses.Penjudi that addiction can spend more time playing, and in the comfort of their own home. It’s the hype and the customer service provided by the casino operator was confused by his drug addiction, and strive constantly to bring the player back to the game problem. According to the National gambling Council, 1% of the US population suffers from pathological gambling addiction, and up to 3% can be said to be a gamer problem.
A new project comes to disrupt a for-profit model of gambling. Gambling addiction and problem gambling is a worldwide social issue, and this project is that designed to fight against irresponsible gambling. When the world gambling market converts to a nonprofit model, nobody will chase up gambling addicts anymore. This is our effort to make the world a better and happier place.
Neogame Ethical Mission:
Gambling addiction and problem gambling is a worldwide social issue, and this project is that designed to fight against irresponsible gambling. When the world gambling market converts to a nonprofit model, nobody will chase up gambling addicts anymore. This is our effort to make the world a better and happier place.
Neogame Project summary:
This project seeks to change gambling principles throughout the industry. The gambling business has always been based on “house edge” — the principle that the casino or organizer always has the advantage. With the advent of blockchain technology, there is no longer any need for organizers — people can gamble without intermediaries and claim their winnings without paying commission. By launching Neogame, we are kick-starting this process of transformation and are confident that over time, most of the global gambling industry will adopt the non-profit model. The Neogame project stands in contrast to traditional lotteries, and we want to show the world how blockchain can become a game changer. Traditional lotteries have a very simple organisation. The lottery host sells tickets, and allocates around half of the earnings to the prize pool, the second half going to the host. This amount can be more or less than a half, but you can be sure that a traditional lottery is a negative expectation game. Neogame, on the other hand, is a completely different game. This project makes the lottery non-profit and autonomous, capable of continuous operation and achieving full transparency via Ethereum blockchain. It will allocate all funds down to the last penny, by using a clear algorithm which is written into the lottery’s smart contract. Neogame is a lottery with no host. It has no owners or third-party beneficiaries. As soon as the project is launched, the team will lose control over the lottery, and the project will start working as a decentralised autonomous organisation (DAO), governed by a smart contract. Neither the team nor token holders will be able to affect the algorithm or draw results, and no third party will be entitled to any dividends from the game. Neogame will not generate a profit and, therefore, token holders’ profits will depend only on growth in token value, which is tapped into the project logic. See section 2.3. — Token growth drivers — for a better understanding of why tokens should grow in value
Token growth drivers:
The token sale will offer a rate of 2,000 tokens per ETH, which will equal approximately 10 cents per token at the date of Whitepaper publication. This is the initial price for a lottery ticket, and will be subject to changes in response to supply and demand. Further changes in TKT value will be effected by drivers, which can be divided into 4 types:
The drivers provided for in the general logic of the project and development plan are described below.
Token — TKT
Token Price — 0.1 USD
Token for sale — 400,000,000 TKT (80%)
Token supply — 500,000,000 TKT
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2400909
Bitcointalk username: uoltd1234
ETH Address: 0xEb2b3Be3b9b7Da4a85b4a21dCc5301936A0B0876