RAcoin - The Future of Gambling Around the World

 https://racoin.io/

About

The main purpose mission of RAcoin is to make the blockchain technology an essential part of the traditional gambling industry and reach the general public audience to distribute RAcoin as a properly featured gambling cryptocurrency. Where later of RAcoin is to become a universal payment tool, allowing existing platforms to integrate the cryptocurrency along with traditional means of payment. First, RAcoin will be integrated as a payment method in online casinos and offline casinos operated by RA Entertainment Inc. by June 2018. RAcoin will also be integrated with two leading European gambling and betting platforms, RA Entertainment Inc. has secured agreements with these partners. The first place where you can pay for everything with RAcoin will be “Palau World” — a luxury casino and hotel that will be built on Palau Island by RA Entertainment Inc. Building will commence towards the end of 2018. At the same time, our team is working on increasing our partnerships network in order to have at least 10 casino and hotels accepting RAcoin by the end of 2019. Read more: https://racoin.io/pdf/racoin_whitepaper_eng.pdf?ver=20180329

https://youtu.be/xIXR19rlHB0

Solving Core Problems

Breakthrough advancements are rare in such a large, established and heavily regulated an industry as gambling. The biggest revolution has been online gambling, which makes participation more convenient to gamers, but still lacks true transparency and privacy. With the help of blockchain technology, a new level of security and fairness can be established across the industry. Gambling with cryptocurrency powered by blockchain has been available for quite some time, and the number of casinos offering both fiat and crypto payment options has steadily increased [8]. However, the community requires something more. There is a strong demand for a native unified cryptocurrency that can fully meet all the needs of the global gambling industry. This is the issue RAcoin strives to solve.

If we go deeper into technical details of how traditional online gambling operates, we can formally divide the processing part into two tiers: front-end and back-end. No real data processing ever happens directly on the website because the system would be defenseless from hackers. All computations and calculations take place on third-party servers that are private and inaccessible to regular users.

The first usage of RAcoin

• On racoin.io immediately after the token sale
• On our online sports betting and gambling platforms after 3 months post token sale
• In the real world, offline casino/hotel in Palau after 9 to 12 months post token sale

Benefits to using RAcoins offline:

• The possibility of paying for any service or good including casino chips in tokens with excellent discounts.
• participating in the jackpot implemented by smart contracts.
• Free and exclusive services available only for token holders.
• Transparency.

Benefits of using RAcoins online:

• Significantly lower fees for money withdrawal.
• Participating in the jackpot implemented by smart contracts.
• Anonymity and transparency

RAcoin is a token issued by ethereum's blockchain.

It corresponds to the standards accepted for tokens based on this network. This allows owners of RAcoin tokens to easily store and use them as existing Ethesum Wallet (Ethereum Wallet). Also, in order to use the RAC token as easily as possible, the team of Ra Entertainment Inc. developing special software for wallets for desktops and mobile devices. This will help each member of the ecosystem to easily use RAC without a deep immersion in the technology of blockchain and related services that deter novices due to their complexity.

For more information and join RAcoin social media at this time please follow some sources for the following references:

Website: https://racoin.io/
Whitepaper: https://racoin.io/pdf/racoin_whitepaper_eng.pdf?ver=20180329
ANN thread: https://bitcointalk.org/index.php?topic=3177504.0
Telegram: https://t.me/racoinnews
Facebook: https://www.facebook.com/RAcoin-1348409231971565/
Twitter: https://twitter.com/RAcoinNews

Author:
Bitcointalk Username : $winnerlose
Profil Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=878620