BouncyCoin - social games that run on universal blockchain that allow safe behavior in a controlled environment and where Monetary success = wins small money money over time

sambojacrypto (0)(1)in #bouncycoin • 6 years ago

HALLO ALL, meet again with me who is always up to date with the cypto currency. I am here to develop a platform that can help us professionally in a game that is a social game that runs on universal blockchain that allows safe behavior in a controlled environment and where Monetary success = wins small money from time to time. (Game BouncyCoin).

PRELIMINARY

In 2014 Americans spent 70 billion dollars playing Lottery Games in 44 of 50 states. Gambling addiction is a public health problem. It is estimated that around 5% of all adults have symptoms of gambling problems

. Neural states

The measured problem in gamblers has been compared to the state of nerves called in cocaine dependence. In particular, problem gamblers experience problems with impulsivity in making healthy gambling decisions. Lottery gambling has been proven to have a purchasing pattern that is consistent with addiction3.

. In fact, research

has shown that up to 15% of lottery players have a symptom of a gambling problem . Bouncy Coin will stop pushing cash for State-run Lotteries by offering social networking engagements where participants can win small amounts of cryptocurrency and / or prizes and where they create and control their engagement 0pportunities.

Token Sale

The BOUNCY token will function as a utility entry fee into Bouncy Coin games and as a dividend endpoint for these same token holders. For the time being users will be able to play games with ETH.

In the Casino partner scenario, the Casino makes money when players lose and when players win. When a player wins a game, there is a slight fee taken out of the winnings. This fee is distributed to all BOUNCY token holders. Tokens pay a dividend every time any player wins although this dividend is not paid immediately. Every time a fee is collected it will be aggregated and distributed periodically by our smart contracts. This distribution frequency will be configurable.

Product Details - Features and Benefits -Technology Stack -Blockchain

Why Blockchain? We use blockchain for universal trust and transparency.

We will initially write Solidity contracts to execute our Random Number Generation and associated logic. This source code will be published on GitHub for public inspection and will allow any party to examine and conclude that our random number logic is 100% fair. Also, since our contracts are on the blockchain other developers will be able to call these same Contracts in their offerings with correct access control. We plan to write contracts for networks other than Ethereum.

Random Number Generation

Our RNG algorithms do not use external Oracles. We are currently testing Commit–reveal and RANDAO approaches to be published for review.

Off-chain components

The client-side game module is completely decoupled from the blockchain and communicates with the blockchain via a bridge API that we have defined. Our MVP is written in Unity 3D which talks to a Javascript API which then talks to our Solidity Contracts on the Ethereum blockchain.

Open Source Considerations

Bouncy Coin filed for a US Utility Patent in 2017 for aspects of the MVP that is referenced here. Because of this Bouncy Coin will expose only the parts of our Solidity source code that do not implement our patent pending. We are doing this because if we are granted patents from the USPTO we can then defend them, but only if we have not open sourced our implementation of these patents. Bouncy Coin will open source all software that we create not directly related to patents that we hold or plan to apply for.

Big Data Analysis/Machine Learning (AI)

Bouncy coin will data mine the Ethereum Blockchain Contracts it creates and transactions from users engaging in Bouncy Coin games. This will allow us to create predictive models to better serve our clients ability to maximize their earnings. We will hire AI experts right after the ICO to write programs to assist players in real-time to make better investment decisions.

Token Sale

The BOUNCY token will function as a utility entry fee into Bouncy Coin games and as a dividend endpoint for these same token holders. For the time being we will also allow users to play games with ETH.

In the Casino partner scenario, the Casino makes money when players lose and when players win. When a player wins a game, there is a slight fee taken out of the winnings. This fee is distributed to all BOUNCY token holders. Tokens pay a dividend every time *any* player wins although this dividend is not paid immediately. Every time a fee is collected it will be aggregated and distributed periodically by our smart contracts. This distribution frequency will be configurable.

ICO Breakdown