JOY TOKEN

introduction

The existing gaming marketplace
The existing gaming ecosystem is largely focused on reputation - a reputation built on increased advertising. In order to win and hold casinos, casinos have to spend large sums to build trust and reputation through brand awareness. In addition, large casinos control game development. Players must trust these casinos because lack of transparency means that players can not track their bets and thus can not assess the legitimacy of each bet.
Smaller developers also suffer from having a small percentage of gaming revenue and difficulties in releasing a new game, such as: lack of immediate income and access to the major gaming platforms.

The Joy Gaming solution

The Joy Gaming solution is blockchain-based, allowing developers to build games that run on their backend through a smart contract rather than directly on the blockchain. Since all results are recorded within the blockchain, the fraud is significantly lower. This allows players to verify that developers are running games exactly as described in the blockchain. In addition, game developers and software companies can connect and integrate with liquidity providers such as casinos to provide direct access to their games. Both casinos and developers benefit from the additional revenue and increased game innovation.

Token sale

The token
JoyTokens will be available on the Ethereum Network as an ERC20 token. There is a current challenge with the ERC20 token: When you send your token to a Smart contract, you must use the Approve + Transfer Form feature to complete the transfer. However, if you send your token to an external address, you must use the Transfer function. Unfortunately, if you make a mistake with these features, the money is lost.
Example code for the ERC20 token interface
We are aware of this challenge and work to ensure that this does not happen to our customers. We plan to upgrade to the new and undeveloped ERC223 standard (after it has been fully developed). The ERC223 has a new feature that triggers in the case of a scenario described above and automatically returns the money to the client.

Token sales structure

Cryptocurrency accepts:  ether
Hard-Cap:  JoyToken sale has a hard-cap of [].
Soft-Cap  : JoyToken sale has a soft-cap of []. If the total amount is less than [], the offer is considered failed.
Time scale:  Starting in [] and up to 31 days or until all tokens are distributed.
 Overcrowding : If the JoyToken offer increases more than [], the token sale will stop immediately. There is the possibility of an oversubscription. In this case, the excess amount of the Fund will be refunded within 15 days of the end of the token sale. Please note that in this case no interest will be paid.
Error:  If the token sale does not reach the soft cap, this is considered a failed token sale. In such case, the offer will be returned immediately with the excess amount of the Fund within 15 days of the end of the token sale. Please note that in this case no interest will be paid.
Other risks:  The sale of the tokens involves a number of other risks, which are explained in the Private Placement Memorandum (PPM) enclosed with the token sales documents. These risks include, but are not limited to, the potential loss of tokens, the inability to resell the tokens, the failure of the Joy Gaming network, and the viability of technology risks. The reader is urged to read the PPM for a more detailed explanation of the risks and to obtain expert legal advice before investing.

token distribution

source

Telegram:  https://t.me/joytoken
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1204219

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