TruePlay: Honest gambling based on the blockchain
The computer games industry is not the first time to become the subject of projects based on the use of blocking and crypto currency technology, and, accordingly, the subject of our reviews. But this time it's not just about computer games, but about the gambling industry, gambling, and, more specifically, online gambling.
What is gambling and what does it eat?
Gambling is a synonym for gambling, which consists in obtaining a win in the form of interest by making a certain amount as a bet, while the winnings most often depend not on the skill and skills of the players, but on luck and luck.
Online gambling is such an industry that is to give players the opportunity to gamble through various devices and gadgets. Most often in this form of gambling, PCs, tablets and smartphones are used, but the main condition is access to the Internet.
Online gambling and its market are growing rapidly together with a more global industry - gaming, in general. So, in the last year of 2017 the income from such gambling on the Internet totaled almost $ 50 billion, and by 2022 experts predict its increase already up to $ 82 billion per year.
Apparently, the gambling industry turned out to be quite promising. Most likely, this is due to human excitement, on which, as you can see, you can make good money. Nevertheless, already 85 countries around the world officially legalized online gambling, although many other governments are still extremely negative about the gambling industry.
What is TruePlay?
The blocking project, which we are talking about today, refers specifically to the online gambling industry, so in the next three articles we will try to tell you about the key points of the platform. In this article, we'll talk about the TruePlay project and its idea in a few words, and in the next part of the review we'll talk about what role TruePlay will play in the gambling industry, in particular.
And since not so long ago the first project to create the FairPlay gambling platform on the basis of TruePlay was launched, we can not miss the opportunity to see what it looks like and what opportunities it opens, so in the last part we are talking about the FairPlay gaming platform and how the interaction of participants in the framework of TruePlay.
So, the idea of the TruePlay project is to create a decentralized B2B platform for online gambling business on the basis of blocking technology and specially released TPLAY tokens. Thus, the two main products - the platform and tokens - will be launched.
The main idea, which is embedded in the project, is aimed at creating an honest and transparent gambling, so that users' confidence in such gambling will grow at times. Thus, users will be able to fully control the gameplay and the impossibility of juggling the results, which will make gambling as honest as possible.
Platform
It is very important to understand that the TruePlay platform is not a separate platform for digital distribution, a provider or developer of games. This is a kind of software for other platforms, including online casinos, which allows them to conveniently and profitably interact with all market participants on a transparent and fair basis.
Therefore, various block projects and operating platforms based on P2P technology are not competitors for TruePlay, B2C platforms are just the main target audience, because they are actually online casinos, and B2B platforms are nothing more than a competitor for TruePlay.
Tokens TPLAY
In part, the TPLAY tokens are the element on which the interaction between all members of the online gambling industry, including between operators, gamblers, gambling providers, online casinos, affiliates and, of course, the TruePlay platform itself, is built.
Prize and reserve funds of games that are displayed in online casinos created through TruePlay will also be formed from TPLAY tokens, so that each of the participants of gambling, that is, players, can get their deserved winnings.
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