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Truegame is a truly unique video game product: users already play many different games (scratch cards, sweepstakes, lotteries, gift boxes, etc.). TGAME is a utility token that is the main component of Truegame's ecological economy and is mainly used for in-game betting, playing games and depositing game balances.
Online Gambling Market
In 2016, the global online gaming market was US$44.016 billion, and it is expected to reach US$81.071 billion by 2022 based on a compound annual growth rate (CAGR) of 10.8% .
The global mobile gaming market is expected to grow even faster, with a CAGR of 18.84% between 2017 and 2021 (see white paper). This marketplace is considered one of the most profitable online businesses.
Market Issues
The key issue is the opaqueness of casino procedures and, as a result, distrust of players in casino managers. Players cannot verify the honesty of games or competitions, nor can they fully trust the honesty of game organizers.
Casino Payability. Players cannot confirm that the casino has the funds to pay out, nor can they confirm that the casino will be able to deliver the promised jackpot prize.
Truegame solves these problems
Through the innovative technology of blockchain and smart contracts, we solve the problem of players' confidence in the casino. Both our game algorithm and random number generation are open, and the code can be found in the GitHub code hosting platform. The distribution of games and prizes is carried out in a separate environment in the blockchain, and no party can interfere with the process. Players can verify the entire process and the results of all games in an open and independent environment.
Truegame is completely transparent - all funds are deposited in a smart contract and automatically paid to winners without the involvement of the game organizer. Anyone can check the validity and size of the prize pool.
TGAME is a utility token issued on the Ethereum platform in accordance with the ERC20 standard. The total circulation of tokens is 300 million. Tokens exceeding this amount are not included in the issuance plan. The tokens allocated to the team will be controlled for 6 months, and the subsequent monthly issuance will not exceed 5% of the total number of tokens held by the team.
Related links:
https://www.chainwhy.com/coin/tgame/
http://www.120btc.com/baike/coin/8646.html