The  games industry is one of the largest industries in the world growing  annually and growing in value, even last year in 2017 the industry is  worth more than $ 100 billion and this year is estimated to be worth $  125 billion. Games industry is experiencing a very rapid development because  basically enthusiasts who want to play games also more and more, even  more than 2 billion people in this world is a game lovers, and that's  why the industry is growing rapidly.

And  the increasing development of this industry provides a huge advantage  to game companies, developers and ads companies that advertise games. But  on the other side of the growing industry, more and more problems, such  as the absence of a transparent system of game developers who only want  the big advantage of low-quality games, game community both game  companies and players in trouble with the existence of some regulations  and as well as fraudulent acts in the gaming industry. In  addition, the games industry is difficult with the game items that can  not be transferred such as currency, account and progress so that when it  is lost it can not be accessed again. In addition some games can not be developed on a particular platform.

And  all the problems in this game can hamper the growth rate of the gaming  industry, and since Blockchain technology is present in the games  industry, it has a positive impact on the development of this industry,  which provides many benefits such as transparency, and makes it easier  for developers and gamer to get money from the development of the gaming industry. One of the Platform games that use blockchain technology to provide many benefits to gamers and game developers is Truegame. Take a further review of this Truegame to find out what purpose and benefits it provides. 

What is Truegame?

Truegame was launched in 2017 as a fully working smart contract based  iGaming platform. The first ICO of fully working iGaming project that  received positive feedback from professional community. Truegame is a  truly unique iGaming product: users are already playing more than a  dozen different games (scratch cards, prize draws, lotteries, giftboxes,  etc.). They have already closed a private round of investments, and  even had to refuse one of the funds in full redemption of the project.  They launched our product together with a team of specialists from the  gambling industry. Truegame is a blockchain based online game room for lotteries and  gambling. The platform enables you to participate in lotteries, win  valuable prizes, play dice and many other games. Our collection of games  is constantly updated. They created Truegame using the benefits of  innovative blockchain technology: smart contracts, publicity, equality,  and security. 

How Does Truegame Work?

Truegame uses the blockchain technology to give its users absolute transparency and fair chances when they play there. How does the company do it? By using smart contracts to  ensure that the numbers of all the games are randomly generated and  that every game will be stored publicly on the blockchain. This means that someone that plays using the Truegame platform will  definitely be protected against scams, which are pretty common in this  industry. The result of each game played on Truegame will be stored and  can be consulted. This means that these results are not falsifiable. The blockchain used by the company was created by the own company,  so, via a thoughtful and flexible architecture of the blockchain, the  company is able to enjoy the best of the technology and apply this  technology to its games. Since the blockchain does everything, since randomly generating  numbers to be used in the games to distributing the winnings of the  players, you can be sure that the rules will be strictly followed. You  can access the source code of the company on Github:  https://github.com/truegame. 

What is Truegame solving?

Through the innovative technology of blocking and smart contracts, we  solved the problem of player’s confidence in the casino. Our game  algorithms and random number generation are open, their codes are  available on GitHub. Both the game and the distribution of the winnings  occur in an independent environment of the blockchain, and neither side  can interfere with this process. Players can check the progress and  results of all games in an open independent registry. Truegame provides full transparency – all the funds are contained on a  smart contract that automatically pays out winnings without the  participation of the game organizer. Anyone can check the availability  and the size of the Jackpot. 

 Potential

Online gambling market

The global online gambling market was USD 44.16 billion in 2016. It  is rapidly growthing and the size of the global online gaming market is  estimated to reach USD 60 billion by 2020 and USD 81.71 billion by 2022,  at a compound annual growth rate (CAGR) of 10.8%. The global mobile  gambling market is forecasted to grow more rapidly, at a CAGR of 18.84%  during the period 2017-2021 (see Whitepaper).This market is considered  to be one of the most profitable online businesses. 

 Online lotteries are encouraged in China. The Singapore government  exempted two online gambling service providers called Turf Club and  Singapore Pools from Remote Gambling Act in September 2016. Asian and  Middle Eastern market size is estimated 11.67 billion U.S. dollars.  Europe has the largest online gambling market in the world with a market  size of 18.11 billion U.S. dollars (2015), and this is just going to  increase as Netherlands adopts new online gambling regulations. The  region is home to the highest number of online gambling operators with  minimal regulations as compared to other regions. Subsequently, Europe  is set to remain the dominant market for online gambling and betting  throughout 2025. The UK plays a key role in the European market,  followed by Malta.  

 Adaptable to Needs 

The unique architecture allows to effectively switch from the Ethereum blockchain system on which the platform is currently operating, to any other, for example, to a popular Cardano network. Such a migration will not affect existing players. This flexibility allows to increase the speed of processing transactions and reduce their cost, thereby increasing the house edge. 

Truegame is  the first project that went beyond the players of the crypto industry  and is oriented on a huge audience of classical gambling and lottery  players. Truegame will be the first blockchain project to accept fiat.  They have a strong development department that managed to design and  develop more than a dozen of games in a relatively short time. According  to the project’s Roadmap, by the end of 2018 Truegame plans to release more than 30 new games. 

 TGAME Token Sale 

The Pre-Sale will run from 26.02.2018 — 18.03.2018 with participants contributing at least 0.2 ETH. Bonus on the first week of Pre-Sale is 40%, (1 ETH = 12,950TGAME). Bonus on the second week of Pre-Sale is 30% (1 ETH = 12,025 TGAME) Bonus on the third week of Pre-Sale is 20% (1 ETH = 11,100TGAME) The Main Sale will run from 19.03.2018 — 30.04.2018, with a price of 1 ETH = 9,250TGAME, and a minimum buying amount of 0.1 ETH, and  all unsold tokens will be burned.The TGAME token will be launched on  crypto exchanges very soon after the completion of the token sale. The team has an experienced listing specialist who successfully  launched the Revain project token on the exchanges – market cap of the  token amounted to about  $300,000,000 USD.

Conclusion

ts good that the team has a working MVP at the time of product launch.  But space is already crowded and it is will be a tough competition to  secure space. The team is good, professional and has relevant  experience. The project vision doesn’t really differ from their  competition. Furthermore, the private sale raised 1700 ETH with a bonus  up to 100%. That’s a big portion compared to the low hard cap. Make sure  you guarantee a spot with your whitelist which is still open at the  time of writing this review. I cannot recommend this ICO for short-term  gains- The hype with only 2000 telegram users is a way to low to flip  ICO investment. The long-term potential is rather looking tough too.  Nevertheless, the potential for the online gambling market is unlimited  and the projects you will win a big portion of these segment will give  some nice returns. Is Truegame one of them though? 

More Information

 Website: https://ico.truegame.io
Telegram: https://t.me/truegame_chat
Whitepaper: https://ico.truegame.io/#whitepaper
Facebook: https://www.facebook.com/truegame.io/
Twitter: https://twitter.com/truegameSRL 

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