Joy Token ICO Review: Online Gambling Crypto Currency
Joy token is an innovative kind of crypto coin that is used online in the field of casino gaming. Casino gaming refers to a collection of games present in the casinos all across the globe. Joy tokens are used primarily for the purpose of gambling, where the players utilize them to gamble casino chips.
It uses the technology of blockchains and its major function is to release the casino websites of various operators, once they have been tested by the developers. It purely relies on smart contracts or decentralized autonomous agents. The main motto of joy token is to offer smart and worthy games for smart and efficient players. Its media partners include Hacker noon, Huff post, and TG Daily and so on.
Andrew McDonald is the founder as well as the chief executive officer (CEO) of joy token. It supports wallets like Mist – Ethereum wallet, MyEther wallet, and Metamask and so on.
Joy Token ICO details:
The joy tokens are used mainly for the purpose of making payments to the developers and acquiring payments from the developers. Such payments are made usually to the bank accounts of developers directly in an instant manner. In addition to payment transactions, it can also be used for the purpose of giving rewards.
- Percentage of joy tokens allotted for the pre-sale is 20%
- Percentage of joy tokens allotted for the token sale is 30%
- Percentage of joy tokens allotted for the founders is 12%
- Percentage of joy tokens allotted for the platform’s development is 23%
- Percentage of joy tokens allotted for the reward purposes is 10%
- Percentage of joy tokens allotted for the bounty programs is 2%
- Percentage of joy tokens allotted for the Ambassadors is 3%
Allocation of funds:
- Percentage of funds allocated for the developmental purposes is 30%
- Percentage of funds allocated for the operational purposes is 15%
- Percentage of funds allocated for the security and legal purposes is 5%
- Percentage of funds allocated for the marketing purposes is 10%
- Percentage of funds allocated for the partnering teams is 40%
Unique features of joy token:
- It is a highly transparent, anonymous and trustworthy gaming currency type that is accepted globally.
- It provides simple and easier game integration.
- It has a high reputation with a greater amount of security.
- Game hosting is also simple with Joy token since it contains its own system for the creation and development of games.
- It delivers a wide set of interesting games to the players.
- It takes responsibility for all the compliance and the regulatory needs.
- It takes care of the marketing strategies too.
- It helps the players or ends users in playing joy’s casino games.
- It facilitates immediate access with the help of its own online website of casino called PlayCosmo, where playcosmo has its license in the Malta, UK, and Curacao.
- It assists in the development of various small software concerns.
- It does not have any kind of compliance, licensing or legal issues.
- Its developers do not have any sort of issues or worries related to the blockchain integration.
Role of Joy Tokens in avoiding problems with casino gaming:
Nowadays, it is a complex task to create standard games in the field of gambling. It suits particularly for those concerns with a very low revenue share. But those concerns, which are capable of contributing high revenue share will not face any kind of issue in the creation of games. Why because they can be able to meet all the expenses related to the game creation.
All the above-mentioned issues are avoided in Joy Token, since it allows all kinds of game creators from an ordinary person (individual) to a millennial.