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.
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.
|“||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.
|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|
|Anastasija Plotnikova||Legal Advisor||https://www.linkedin.com/in/anastasija-plotnikova/||Advisors||14.29|