Using blockchain technology, Joy Token is an ecosystem for gaming developers, players, and casinos. Using the benefits of the blockchain, Joy Token will bring trust to the industry that currently is filled with distrust and concerns about cheating.
Given the widespread distrust in the online gaming industry due to software that is not open-source and some casinos not paying out winnings, the blockchain upends the status quo with transparent and immutable transactions that can be analyzed by the public. Joy Token will use a proprietary random number generator (RNG) that will ensure fairness for players. As a platform using smart contracts on the blockchain, the winnings issued to players are automatic and mathematically derived.
The Joy Token platform uses the Ethereum blockchain based on its widespread use, security, and ability to execute smart contracts. Smart contracts execute automatically without the need for third parties, lowering the costs of transactions. The JOY token, the utility token of the platform for transactions and receiving rewards, is ERC20 compatible and can be stored in popular Ethereum wallets such as MyEtherWallet and Mist. The Joy Token smart wallet used within the platform can store the JOY tokens of users and allow them to enter and leave games within the ecosystem with an instantly-updated balance.
Developers who join the platform and contribute to the growth of the ecosystem receive numerous benefits. First and foremost, developers will be able to reach out to the players within the ecosystem to earn revenues therein. The platform will provide liquidity to developers from the service providers who are willing to promote their games. As a licensed platform that is fully compliant with the laws, developers who join will have the peace of mind in knowing that their games will be played on a legally compliant platform.
The Joy Token crowdsale is taking place from March 20, 2018 to April 19, 2018. Fortunately for participants, the soft cap has been reached with over $3,000,000 raised so far. Participants can purchase JOY tokens through the crowdsale with BTC, ETH, and wire transfer. The maximum number of JOY tokens that will be created is 700,000,000, allowing the JOY token to have value tied to use of the platform.
*I am receiving JOY tokens for the growth of the community.
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