In ancient times the people who gathered in the arena wanted two things: the bread and the circus. Two thousand years passed and only the name changed. Now the 'populus' mostly wants burgers and entertainment. And the Truegame project helps to fulfill this desire, giving to those modern platforms with block-based chain games.
Project Description:
I can not say that iGaming is somehow a cutting-edge idea in ICO. Even for a while I have the impression that every tenth project on ICO is somehow related to games (gambling, online betting, video games, VR, and so on). However, the high number of similar projects indicates that this market has not only great potential and attracts great interest, but also the chains bring an entirely new possibility. On the other hand, high competitive rates allow only a limited number of projects to accumulate sufficient quantities. So the best and most visible project can save power. Of course, one of them, I present now to you.
So what makes Truegame amazing?
First, the idea of using chain-block technology in different stages of the game. The results of each game can be verified in blockchain open registry and can not be manipulated. The random combination received from blockchain brings a good chance for every player. Blockchain is also used in the last stages of the game, the division of wins. All of this together helps players to gain confidence in the gaming platform and the general play process.
Brief gambling history
Second, Truegame already has an existing project, with users already playing on more than a dozen different games (start card, attractive prize, lottery, gift box, etc.). After ICO, Truegame team wants to add new games like dice, bingo, smart roulette, slot games, and more.
Market Perspective:
There is more than one reason to think that the gaming market (in a broad context), will grow, and the chances of a block chain will only provide a very impetitive kick.
Below you can see some approximate statistics for a 5 year perspective growth.
According to the business wire, the global online gambling market is USD 44.16 billion in 2016 and is estimated at USD 81.71 billion by 2022, at a compound annual growth rate (CAGR) of 10.8%.
The global mobile gambling market is projected to grow faster, at a CAGR of 18.84% over the period 2017-2021. According to Truegame whitepaper this market is considered as one of the most profitable online business.
Website & Whitepaper
The Truegame website has a great design and all the necessary information (including even the registration address, what I really appreciate.) In the top bar you can find categories like: about (no small programming errors - visible headers), street maps, teams, benefits, press, whitepaper, purchase tokens, logins, our games Our games are hyperlinks to the Truegame gambling platform.Screenshot you can see below:
The only drawback of the Truegame website (besides the word header), I noticed it was a very small font, quite difficult to read. I think the creators hope that only eagle-eyed people read all the text on the website :).
Whitepaper is also well done. It contains very detailed graphic illustrations and descriptions. Nevertheless there is little information that I find misleading about freezing teams that freeze it. Whitepaper promised to freeze tokens for 12 months, on the website was only 6 months. It does not affect the quality itself, it hurts my perfectionism.
Below, the print screen is just by comparison:
Token
The token released by TrueGame is called TGAME and is based on the ERC20 protocol. The total number of tokens released is 300,000,000. More evidence beyond this amount is not planned to be released. Both Soft and Hardcap are possible to achieve in a very short time. Very likely all will disappear before the main sale, so if you want to buy a better hurry!
Of 300,000 token released 70% will be possible to earn during Personal Sale, Pre-Sale and Main-Sale. The team will keep a 15% token that I count as a fair reward for the good work they did the last few months. 4% will go to advisor - which is also fair enough and 1% will be booked for a bounty. 10% token will be provided for future platform development.
In the next chart you can see the distribution of funds. 45% will be devoted to attract players (marketing, advertising and others), 35% will create jackpots, 12% will support further development and 10% will be booked to resolve legal inquiries.
In general there is nothing to complain about here. 45% for marketing is enough to attract some impressive new players. Only 12% seem to be a small amount for project development, but Truegame is a ready-made platform, so maybe this is enough in this case.
What I find worth mentioning is the price distribution of bets. The token holder will receive 10% of each bet made on the Truegame platform. A pure 'win-win' strategy.
Team
The team is one of the most powerful side of the project. It contains specialists with years of experience in areas such as gambling, marketing, blockchain technology and others. More information can be found on Linked in profile and short bio from website:
https://ico.truegame.io/
In addition they are interested in this project, crème de la creme from the crypto community as an advisor.
Roadmap:
All road maps you can check here:
From my side, I'll just say that many of the steps described have already been done, resulting in a ready-made platform. In the next few months, Truegame plans a variety of their game deals (including poker for example) and initiates an intensive promotional campaign.
Hype:
Truegame advertises itself as a chain block project that was first reviewed positively. It does not sound too convincing to me, at least until I check it. And I was really surprised by the number of positive feedback projects received. A middle review of 4.7 on ICO Bench, 7.5 in Foxico and 4.8 on the ICO Line. By the way one of the advisers is Igor Karavaev from ICO Bench, so hopefully the high ranked project received is not connected.
But speaking frankly, they deserve a high note. Here are some community numbers:
Truegame has over 9400 telegram members, 2054 twitter followers, 1,000 fans on Facebook.
PRO and CONS, so everyone reads:
PRO
- Project idea (use of chain-blocks at all stages of gambling)
- Project ready to use
- high security All Truegame infrastructure is created in DAPP (decentralized app). If a hacking attack occurs, the funds will be saved.
- Strong teams and renowned advisers
- Nice hype and good promo material
- Low soft & hardcap
Below Truecoin finds the biggest plus of their project.
CONS:
- Not enough attention to details (different information on website and in whitepaper, wrong header on website, small font and others)
- Challenging the market due to legal difficulties (obtaining license and others)
In short, this is one of the best projects made on ICO I've seen last week and I'm sure they'll sell all their coins during the PreICO period. The market in which they exist is undoubtedly difficult but with such a strong team and clear vision they have a great chance of success.
The presale states on March 5 and will run until April 16. Instead of major sales will begin. Below, bonuses at different ICO stages:
So if you want to be at the forefront and get TGAME tokens, click here:
Username: danil21
