WINiota

WINiota
	WINiota ICO Review
WINiota ICO
Ticker:	WIT
ICO start:	2018-07-01 00:00:00
ICO end:	2018-09-01 00:00:00
Price:	1 ETH = 22,000 WIT
Bonus:	1
Tokens:	600,000,000 WIT
Tokentype:	ERC20
Hardcap:	24,000 ETH
Softcap:	2,400 ETH
Platform:	Ethereum
Distributed:	60%
Minimum:	0.1 ETH
Accepting:	IOTA, ETH, BCH, LTC

WINiota is the first decentralized 3rd generation blockchain sports betting and casino platform. Using the Iota Tangle technology, WINiota is one step ahead of other blockchain casinos, having developed the first playable application using Iota flash channels.

Description[edit]

Online gambling is very popular in the fast paced digital world today, with the market volume of online gambling forecasted to reach 51.96 billion U.S. dollars in 2018, more than doubling since 2009. People can play in the comfort of their own homes or offices and can replicate much of the gaming excitement found from playing in traditional casinos, but the online gaming industry has many issues that directly/indirectly originate from the basis of trust. These issues can be anything from the algorithm in random number generators to the anagement of users’ balance account. Also, if we take a look at the counterparts such as BitDice and Nitrogen Short which are operating on the Ethereum Blockchain, you will see that heavy traffic takes a toll on their operations and also, the users are handicapped by the transactional fees which may take away the immersion of their gaming excitement.
WINiota is addressing the issue of trust and scalability by implementing the provably fair mechanism to all games, inclusive of our sportsbooks, by facilitating IOTA’s tangle, a directed acyclic graph (DAG) for storing transactions in the network. player will be able to “take a look under the hood” at all times; Now users can see everything: transactions, bets, and most importantly, the mechanism of “Provably Fair” which will be explained later on.
Also, WINiota seeks to provide a set of utilities: namely for raffles, gameplay, voting and white labels. To briefly describe, WIT holders are entitled weekly to community rewards chosen by the aforementioned Provably Fair mechanism, in which 50% of profits from WINiota’s casino & betting platform are distributed fairly. Please proceed to Section 5 of the whitepaper for further elaboration of WIT’s utility functions.

Roadmap[edit]

“

JANUARY 2016: First idea of a feeless community Casino on the tangle.
APRIL 2018: Launched MVP: WINiota is the FIRST worldwide to develop a casino game that uses the Iota Flash Channel technology.
JULY 2018: Start of pre ICO.
AUGUST 2018: Start of ICO.
SEPTEMBER 2018: Development of further casino games. Comprehensive development of sports betting platform and AI deep learning model. Exchange Listing. We are in contact with leading crypto exchanges to get WIT listed. After the ICO ends the digital currency will be available for public trading.
NOVEMBER 2018: Launch of further Casino games like Blackjack, Roulette, Video-Poker, etc. Launch of the Sportsbetting section into the existing gaming platform.
MARCH 2019: Full offer of games online.
MAY 2019: Artificial Intelligence model integration into WINiotas sports betting section.^[1]

”

Team[edit]

name:	title:	links:	group:	iss:
Shane O´neil	Co Founder, CEO	https://www.linkedin.com/in/shane-oneil		3.8
Friedrich Endlicher	Co Founder, CTO	https://www.linkedin.com/in/endlicherfriedrich/		3.8
Bastian Fritsche	Co Founder, CFO	https://www.linkedin.com/in/bastian-fritsche-4274263b		3.8
Pontus Persson	User Experience Lead	https://www.linkedin.com/in/pontusp/		3.8
Karen Mareš	Head of Game Design	https://www.linkedin.com/in/kmcdade/		3.8
Anton Natarov	Full stack developer			3.8
Scott Malsbury	Head of Communications	https://www.linkedin.com/in/scott-malsbury-a6260b12/		3.8
Shalini Wood	PR & Community Management Leader	https://www.linkedin.com/in/shaliniwood/		3.8
Ulf Karlsson	Head of Affiliate Marketing	https://www.linkedin.com/in/ulf-karlsson-0b70b94/		3.8
Patrick Soh	Investor Relations & Community Manager	https://www.linkedin.com/in/sohwoonhui/		3.8
Shabir Yunos	Investor Relations & Community Manager	https://www.linkedin.com/in/shabir-yunos-a0b08915a/		3.8
Jessica Lee Green	Head of Casino Operations	https://www.linkedin.com/in/jessicaleegreen1/		3.8
Joshua Scigala	Advisor	https://www.linkedin.com/in/joshuascigala/	Advisors	3.8
Todd Price	Advisor		Advisors	3.8
Anastasija Plotnikova	Legal Advisor	https://www.linkedin.com/in/anastasija-plotnikova/	Advisors	14.29
Christian Luecke	Advisor		Advisors	3.8