GIFcoin — A Revolutionary Gambling Investment Fund Backed by a Working Online Betting Platform — VitalBet
Notice to Investors
Read the entire White Paper before taking any action.
Recognize the non-regulated nature of acquiring tokens.
Acknowledge a high risk in depending on forward-looking claims.
The purpose of this White Paper is to present the project to
potential Investors in relation to the proposed ICO — GIFcoin.
Here, we provide all relevant information to let potential Investors
decide whether or not to acquire GIF Tokens.
Gambling Investment Fund — GIFcoin
The GIF in GIFcoin stands for Gambling Investment Fund. This fund is backed by an already functioning betting website — VitalBet.com.
VitalBet is fully operational and regulated gambling website with all popular industry features, such as sports betting, casino, live casino, IN-play betting, eSports, and virtual sports.
No more empty promises. Invest in a real token with a real project that is managed by a professional team of industry experts.
Buying GIF Tokens from our ICO will allow Investors to participate in an existing and moneymaking business that is at the beginning of a long-term, sustainable growth. GIF token holders will receive 80% of VitalBet’s annual profits once a year.
The GIF in GIFcoin stands for Gambling Investment Fund. This fund is backed by an already functioning betting website — VitalBet.com. Our aim is not to convince you that we are crafting something genius, like many ICOs declare. In fact, unlike the majority of other ICO campaigns, we already have a real working project. The idea of GIFcoin Initial Coin Offering (ICO) is to raise capital, which we’ll use to upgrade VitalBet’s gambling platform, as well as popularize and promote the VitalBet Brand on the most promising betting markets (countries). After we have completed all these steps, we expect a large increase in VitalBet’s clients. As a result, we will share 80% of VitalBet’s net profits with our GIFcoin token holders on a yearly basis. As simple as that. Buying GIF Tokens from our ICO will enable Investors to participate in an existing and moneymaking business that is at the beginning of a long-term, sustainable growth.
VITALBET BETTING SITE OVERVIEW
VITALBET — Betting Site Overview
We believe that life should be a fun and exciting experience, and we love sports. For this reason, our team puts substantial efforts into crafting a truly unique online betting experience. Our core product is the very pleasure of online gambling at any time and in any place in the world. Briefly, we produce modern IT solutions to allow people to bet online on sports events and on their favorite gambling games. Our aim is to turn betting into a simple, safe, and accessible activity for every user. VitalBet is a fully-operational, online betting website. Following significant efforts, invested in marketing research, programming, and technology research, we launched www.VitalBet.com in mid-2015, covering all major sports for online betting, as well as casino, eSports, and virtual sports
Benefits
What makes us really stand out from the grand majority of other bookies is the fact that we offer cryptocurrency payments with Bitcoin — both for betting and payments (deposits and withdrawals).
ONLY a few out of the TOP 100 bookmakers provide this option at the moment. Additionally, thanks to the funding through the ICO, we will add all major cryptocurrencies as betting options and payment methods, which will make us really stand out in the online betting industry.
In addition, besides digital currency payments and betting options, you will also get extras, such as:
Sports Events Wagers
IN-Play Bets
Casino
Live Casino
eSports
Virtual sports
Livestreaming (coming soon)
Usage
We covered all popular fiat payment methods in the industry (Debit/Credit Cards — VISA and MasterCard — and E-wallets — Skrill, Sofort, Paysafecard, etc.), and we also added the most popular cryptocurrency — Bitcoin.
Our plan is to attract more bettors by allowing them to use major cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash (DASH), and more.
By doing so, we will not only broaden our client reach but also contribute to developing cryptocurrencies as an instrument for payments and betting. As expected, this new feature will use Blockchain technology to guarantee maximum security for every user, and make the gambling experience even more exciting.
Simplicity
Very often, betting websites have a complicated design, which burdens users. Our plan is to make the most attractive, minimalistic design ever created. On our innovative platform, the user will see and use only the functions which really contribute to enjoyable betting
Security
Customer security — both in regard to money and private information — is a TOP priority for us. To prove that, we are proud to share with you VitalBet’s achievements:
Since the platform was launched, we have not experienced any serious failures.
We regularly undergo security audits.
Not a single dollar has been lost by our users due to hacker attacks.
VitalBet provides honest bets without any hidden restrictions.
MARKET OVERVIEW
The Gambling and Sports Betting Market
On a global scale, gambling is an enormous market whose revenues in 2016 were $484 billion. It is estimated to grow from between 3% to 3.5% per annum until 2020, with general positive short-, mid-, and long-term trends.
In 2016, the sports betting segment worldwide made around $212 billion in revenues, and shows a very high potential for growth.
By revenue, the largest segment of the world gambling market is sports betting, and its share is increasing. Its expected annual growth is approx. 4%.
The Gambling and Sports Betting Market
The following features typically characterize the global online sports betting market:
Large market size and top phase of growth.
Seasonality of most sports — high season during world sports events (FIFA World Cup, for instance) or low season during the summer.
Big initial costs for entering new markets, mainly owing to expensive licensing and costly promotion campaigns.
The large market share is attributed to a limited number of sports, such as soccer, horse racing, basketball, cricket, and greyhound racing.
Illegal nature of sports betting in a number of Asian countries , including the enormous markets of China, India, Hong Kong, and South Korea; the entire market of sports betting is $1.5+ trillion, out of which legal betting (check the fig ure above) represents less than 20% of the total revenue.
Competition
We acknowledge the extremely high level of competition in online gambling, as well as the presence of many powerful, multinational bookmakers.
Currently, VitalBet is in the TOP 100 bookies (71st place), according to Alexa betting sites traffic ranking.
However, we believe that thanks to capital raised from the ICO, we will be able to enter the TOP 15 bookmakers in the world by 2020.
We will overtake our competitors by providing the world’s most efficient platform for online betting, in addition to the other cutting-edge advantages discussed in our Roadmap below.
ROADMAP
The 11 Steps to Our Mutual Success
1 — After the ICO has successfully ended, our Legal Department will create a new joint-stock company to guarantee your rights to shares from the new company. VitalBet will be part of this new company.
2 — After the success of the ICO campaign, we will be able to expand the Team with New, Highly-skilled Professionals, which will help us for the quick growth and development of the project
3 — We’ll immediately start working on the New Design of the website, which will help us to better entertain the current and new customers with the best user-friendly experience.
4 — After we finish and release the new design, we will create the smartest and most innovative Mobile App in the betting industry, which will help us to engage with many new users.
5 — Entire new update of the Affiliate Program — with the most attractive promotions and commissions in the betting industry.
6 — We will add all popular Cryptocurrencies as Betting Options and Payment Methods (deposits and withdrawals), which will make us stand out from the competition in the gambling niche.
7 — After we successfully enhance and upgrade our betting platform, it will be time to further popularize and establish the Brand VitalBet, using the most sophisticated marketing campaign techniques.
8 — Parallel to the marketing campaign, we will start an Advertising Campaign in strictly targeted channels used ONLY for the promotion of betting platforms and gambling companies.
9 — We will apply for Licenses in the most attractive countries, which have strict requirements and regulations, so that we can freely and legally operate on their already developed markets.
10 — After accomplishing all previous goals, we will release another major update — VitalBet v.2.0 — with many new extras and functionalities, which will make the website one of the most appealing to gamblers worldwide.
11 — When we start the initial waves of the marketing and advertising campaigns, we expect the users to grow exponentially at a very rapid pace. Our expectations are to reach 100% user growth in the first month, and 500% in the first six months.
Initial Coin Offering (ICO) — GIFCOIN
To grow quickly and outpace the competition, VitalBet needs initial capital for new design and functionality, launching of a mobile app, country market expansion, as well as marketing and advertising campaigns.
Collecting capital through the two traditional financing methods — debt and equity — seem to be expensive, time-consuming, or extremely risky.
By using an Initial Coin Offering (ICO) as an alternative instrument for financing, we intend to gather funds in a faster and in a much less risky way. The raised funds will serve exclusively for the realization of our plans (see the Roadmap section above).
To reward our ICO Investors, we are going to share 80% of VitalBet’s annual net profits with them once a year.
ICO — Fundamentals
ICO Period GIF Token Price TO BE ANNOUNCED SOON
1 ETH = 10 000 GIF
GIF Tokens Issued 300,000,000 GIF Token Bonuses 30% at Pre-Sale ICO launch
Accepted Currencies Ethereum (ETH), Bitcoin (BTC), Litecoin(LTC) GIF
Token Rights Profit share distribution Official ICO Platform https://gifcoin.io
ICO — Stages
Pre-Sale ICO 22.02.2018
Official ICO Sale 16.03.2018
Conclusion Page
The GIFcoin Team is very grateful to you for reaching the end of this white paper. We highly value all the time you spent on accommodating yourself with our project and we’d like to thank you for your consideration for taking part in our ICO. VitalBet is an already launched betting website. It will continue developing irrespective of the amount of raised funds from its Initial Coin Offering — GIFcoin. With your vital help and power, we can create an unstoppable team to dominate new heights. By contributing to our ICO, you are investing in one of the most profitable business industries ever — online gambling. This is a one-time chance, so we’d like to invite you to participate in our GIFcoin project.
Additional information:
Сайт: https://www.gifcoin.io/
Техническое описание: http://gifcoin.io/GifCoin-WhitePaper.pdf
Телеграмма: https://t.me/gifcoin
Твиттер: https://twitter.com/gifcoin_io
Facebook : https://www.facebook.com/gifcoin.io
Bitcointalk: https://bitcointalk.org/index.php?topic=2785607.0