Gamblica Token Sale in a Nutshell
A crypto token sale is a relatively new wave of opportunity in the world of cryptocurrency, that all investors and crypto-enthusiasts have no doubt heard of already — and if you haven’t, then you are definitely missing out! Let’s get you caught up.
The first cryptocurrency token sales or Initial Coin Offerings (ICOs) date back to 2013, but are really starting to gather steam in fundraising for startups right now. They are conducted via trading assets on the blockchain.
As an industry, online gambling has boomed in the past decade. Yet, like any market showing impressive growth, the gambling industry is already full of scam cases and scandals.
We know that many players are not all that happy with their online casinos. You might get lucky once, but in the long run, you’ll simply end up lining the pockets of casino owners. Even if the market is regulated, it doesn’t mean that a casino is not cheating. Problems of credibility and information asymmetry hinder the process of scaling and make entering foreign markets very difficult for online casinos.
Promoting the brand that does not have any track record or international recognition requires huge investments to compete with well-known online gambling operators. Many countries restrict online gambling and betting due to regulatory and tax-related issues, so banks there retain the right to block the player’s account and confiscate the winnings after the transfer.
Today we are here to break new ground with numerous benefits.
Gamblica provides a unique betting opportunity to any gambler regardless of their location and income. The Gamblica platform will be running on a decentralised smart contract system, ensuring fair random number generation, cards distribution, betting slip odds calculations, distribution of funds, and payouts. Our team managed to build a system that guarantees transparency and fairness of every gambling activity, including online casino games, sports betting, and poker.
The Gamblica platform is designed to solve the gambling industry problems, related to trust issues, international expansion, and personal data protection. Anyone is free to review all operational activities of the gambling operator through an open public ledger with mathematical proof of authenticity.
Gamblica has enormous potential to attract international customers. By providing an excellent game service and guaranteeing payouts, Gamblica allows players from all over the world to play their favourite casino games with minimal deposit fees (Ethereum gas) and no fear of their account being blocked.
So, a whiter-than-white gambling experience with no chance of being screwed over is what Gamblica hopes will make it stand out.
Gamblica Token Sale is held for two main purposes:
• To put the GMBC token into circulation
• Attracting funds for the development and promotion of the GMBC platform
We invite you to participate in the five stages of the Token Sale.
We have the following bonus schedule for each stage:
Each stage includes 80 000 000 GMBC. As soon as 80 000 000 GMBC (8000 ETH) is sold, next stage will begin, and so on — up to the 5th stage.
The total number of 840 000 000 GMBCs will be issued. 504 000 000 will be distributed during the Token Sale. Tokens will be distributed through a smart contract, its code will be published for public audit before the distribution. Funds raised during the sale will be used to launch the platform, integrate the token, and finance advertising and marketing campaigns.
2% of the total supply will be reserved for founders and partners, 20% for the game fund, 10% for the team, 3% for the bounty program, and 5% for the advisory board. The majority of tokens — 60%, will be sold in the Token Sale.
After the Token Sale, further centralised distribution of tokens will take place at the expense of the fund, replenished by lost tokens. Their value will be determined by market quotations; it is guaranteed that the surplus of supply created by additional sales and, therefore, the risk of decline in market value will be taken into account. Placement mechanism will minimise this risk, protecting the rights of the Token Sale investors (for example, by extending the process over time).