JoyToken is a platform for both gamers and developers. Developers can present their games through a platform that is completely trustable. Gamers, on the other hand, they have a secure and safe platform where they are completely immune to frauds. JoyToken provides its users many excellent features to make the experience worth coming back and suggesting to people around them.
Traditionally, the scenario was when people wanted to play, they'd place their bets and the money would be with the game, i.e. it's transferred to the developer. Now, what happens next is, the normal protocol of the game is followed, either you win the money or you lose it. It's pretty simple. But, there have been multiple cases of frauds where once the player places their bet, they never get the money back, even if they win. Due to such experiences, it has been difficult for the gamers to trust new developers or new games even though those games seem to be a lot of fun. This robs the new developers of a fair chance and also the chance for gamers to try something new.
Joy Gaming’s solution is blockchain-based and it allows developers to create games that are run on its backend through a smart contract, rather than directly on the blockchain. As all the results are recorded within the blockchain, there is significantly lower fraud. Thus players can verify that developers are running games exactly as described on the blockchain. Further, game developers and software houses can connect and integrate with liquidity providers, such as casinos, to provide access directly to their games. Both the casinos and the developers bene t from the additional revenue and increased game innovation. The lack of reputation of any specific site can be offset by the fact that rules and underlying infrastructure of the games are recorded on the blockchain (in addition to the approval system before games are allowed to go live on the Joy Gaming network).
Our technology stack is primarily composed of three main components: the Blockchain Layer, Game Applications (back/front end) and the Random Number Generator (RNG). The back/front end of the games will be running on databases, however all parts that could lead to any form of dispute between the player and the Platform will be decentralised and audited over the Blockchain using Smart Contracts.
JoyToken is committed to deliver smarter games to existing and new casino players by giving innovative and creative games developers easy access to operators in our one stop solution. JoyToken delivers this in four easy steps:
- Game integration and hosting is simple with our own tried and tested game development system.
- Payments go straight to developers' bank accounts in the form of JoyTokens.
- All relevant regulatory and compliance requirements will be taken care by us.
- Instant access to market via our own online casino site; PlayCosmo Casino which is licensed in the UK, Malta and Curacao and allows developers to test their games before general release to other operator’s casino websites.
All this is done using JoyToken, a new and unique Cryptocurrency that will enable developers to pay and be paid for their games, while also enabling end users (players) to play Joy Gaming games on PlayCosmo and ultimately many other sites. And naturally JoyToken will benefit from Blockchain technology and thus transparency. This last point is the most exciting as this has not been done before and will open up a new market of potential players, who want Trust, Anonymity and total Transparency; all of which is delivered through Blockchain Technology.
Token Role: Enable Joy Access Gaming Protocol, Game Development API Purchase, Wagering in Country
1 December 2017 14:00 UTC - 13 February 2018 14:00 UTC
Token on sale
27 February 2018 17:00 UTC - March 29, 2018 17:00 UTC
Supply: 700,000,000 JOY
Price: 1 JOY = 0.20 USD
Hard cover: 46,340,000 USD Sheet
soft: 1,000,000 USD
Oversubscription: when JoyToken bids increase more than, token sales will be closed soon. There is a possibility of oversubscription. In such event, the amount of funds exceeded will be refunded within 15 days after the closing of the token sale. Please note that no interest will be paid in the case.
Failure: If the token sale does not touch the soft-stamp, it will be considered a failed token sale. In such case, the offer shall terminate immediately with the amount of funds exceeding within 15 days after the token sale closes. Please note that no interest will be paid in the case.
Other Risks: The token sale involves a number of other risks described in the Personal Placement Memorandum (PPM) that accompany the goods sales document. These risks include, but are not limited to, the potential for loss of value in tokens, inability to resell tokens, failure to develop Joy Gaming networks, and viability of technology risk. Readers are urged to read the PPM for a fuller explanation of the risks and get the right advice before continuing to invest.
Telegram group: https://t.me/joytoken
Twitter : https://twitter.com/JoyToken