TrueGame ICO: Company Review and TRUEGAME Token News Updates

TrueGame ICO: Smart Contract Blockchain For Chance Games?

The online gambling industry has become more and more important in the last few years. Now, with the rise of the blockchain technology, many companies are applying blockchain to it. Today we will review one of these companies called Truegame.

What Is Truegame?

Truegame is an online gambling company which is working on an iGaming project which has received a great feedback from the community of online players. Users are able to play more than a dozen games on the platform like lottery, scratch cards and prize draws. The company has reunited a team of specialists to create a product which will really attract this community of players.

This company believes that the online gambling market has many problems like the distrust and the lack of transparency and accountability. These problems, Truegame believes, are destroying the industry because they make many players decide not to play and therefore are turning the profit away from the industry.

The global online market was of $44.16 billion USD in 2016, which made clear to the company that some actions had to be taken in order to ensure that the potential growth of this sector is not ignored by the companies which work in this industry.

How to solve these problems, though? The solution found by Truegame is to use the blockchain technology, more specifically, the Ethereum blockchain, to ensure that all the processes of the company are completely transparent and that the problem of the trust in this industry is solved. This, the company believes, is a new step in the right direction to make the industry better.

There are many talented people managing this company like Dmity Danilov (CEO) and Dmity Shchuvatov (CMO), both co-founders of the company which have a long-term vision of how projects like this should work and about how to use the blockchain technology to ensure that the problems are really solved and not only ignored as they are being up until this moment.

How Truegame Smart Contract Blockchain For Chance Games Works

Truegame is an online gambling platform based on the Ethereum blockchain. This means that everything that this company makes is based on the blockchain. All the payments are made via the smart contracts, which are non-refundable, transparent and are programmed to be always fair. By using the Ethereum blockchain, the company, in fact, achieves transparency.

Also, Truegame uses Random Number Generation in its games and these numbers are generated via a protocol on the Ethereum blockchain meaning that the company does not have any type of control over the numbers, so it can’t cheat on the games to make more profit.

The content of the platform is developed by the team itself and it is unique. Not in its genre, obviously, but all the games are handcrafted by the company and not third party companies which sell their products to many companies. Your experience using Truegame will be unique.

Every player which plays on this platform will have fair chances that will be secured via the blockchain technology and the winnings will be distributed in a fair manner because there will not be a human element like a casino manager. Everything will be made strictly according to the rules of each game, which are stored on the Ethereum blockchain and enforced via smart contracts.

TRUEGAME Token ICO Details

If you want to invest in Truegame, you can make your investment by participating in the Initial Coin Offering that the company is currently planning. The pre-sale is planned right now and it will last until April 16, when the main sale begins. The main sale will last about a month.

The discounts offered by the company during the pre-sale will range from 40% to 20% during the first weeks of the ICO, so you have to acquire the Truegame tokens somewhat fast if you want to pay the best available price per token. The company plans to buy back the tokens after the ICO ensuring the profit of the investors. The soft cap of the sale is $2,000,000 USD and the hard cap $9,000,000 USD.

Truegame Verdict

Is Truegame a really good investment for you? That depends. The company seems to be really professional and to have developed a good product but at the same time, you have to be warned that this is not the only online gambling company in the market which is currently using the Ethereum blockchain.

Because of this, Truegame might even be a good investment, but it is hardly a great one because it definitely lacks some originality, in spite of its goods qualities. If you want to use the platform, then this can surely be a good investment for you, but if you want to obtain a return on investment and nothing more, then there are other companies which might be more suitable for you.

The choice, as it always is, is completely up to you, dear reader. You have to be patient and to weight the good and bad points of Truegame to decide if this company has the chance to be a really good investment which will fit for you or if you should just look for another one.