soplo: Bouncy Coin will stop pushing cash to the state-run Lottery by offering

BouncyCoin is a Blockchain based software that allows players to win money in games where they create and control opportunities. The BouncyCoin game is a social game that runs on universal blockchain that allows safe gambling behavior in a controlled environment and where Monetary success = wins a small amount of money over time.

Gambling addiction is a public health problem. It is estimated that around 5% of all adults have symptoms of gambling problems. The state of nerves measured in problem gamblers has been compared with the state of nerves called in cocaine dependence. In particular, the problem of gamblers has problems with impulsivity in making healthy gambling decisions. Lottery gambling has been proven to have a purchasing pattern that is consistent with addiction. In fact, research has shown that up to 15% of lottery players have symptoms of gambling problems.

What is needed for the good of people everywhere is social 'involvement' which gives all participants the ability to create and manage risk and on terms they control if they choose to engage in behaviors such as gambling.

Bouncy Coin will stop pushing cash to the state-run Lottery by offering social network engagements where participants can win small amounts of cryptocurrency and / or prizes and where they make and control opportunities for their involvement.

BOUNCYCOIN introduces the world of gambling to blockchain. The main effect of this is to tilt opportunities from traditional casinos and gambling houses and return even with all players. Technology and applications made will be licensed to companies that have done business with their prospective customer base. This changes the legal landscape for BOUNCYCOIN and allows them to operate in a 'gambling' business without the need for a license to run gambling operations. BOUNCYCOIN intends to become a supplier of technology standards and new game applications for casinos and gambling operations around the world creating unlimited growth space for companies.

BOUNCYCOIN intends to completely redesign basic gambling applications providing flexibility in playing games where users control many variables. That, plus BOUNCYCOIN builds universal trust and transparency by using the Ethereum blockchain as the backbone for applications and information gathering.

Product Details - Features and Benefits

Technology Stacks

Blockchain

Why is Blockchain?

We use blockchain for universal trust and transparency.

We will initially write the Solidity contract to execute Random Number Generation and related logic. This source code will be published on GitHub for public inspection and will allow each party to check and conclude that our random number logic is 100% fair. Also, because our contracts are on blockchain, other developers will be able to call this same contract in their offer with the correct access control. We plan to write contracts for networks other than Ethereum.

Random Number Generation

Our RNG algorithm does not use external Oracles. We are currently testing the Commit - Express approach and the RANDAO that will be published for review.

Off-chain components

The client-side game module is completely separated from the blockchain and communicates with blockchain via the bridge API that we have set. Our MVP is written in Unity 3D which speaks with the Javascript API which then speaks to our Solidity Contract on the Ethereum blockchain.

Open Source Considerations

Bouncy Coin filed US Patent Utility in 2017 for aspects of MVP referred to here. Because of this, Bouncy Coin will only expose our Solidity source code that does not apply to our patents. We do this because if we are granted a patent from the USPTO, we can maintain it, but only if we have not opened up our source of application for this patent. Bouncy Coin will open the source of all the software that we make is not directly related to the patent that we hold or plan to submit.

Large Data Analysis / Machine Learning (AI)

Swinging coins will mine the Ethereum Blockchain Contracts made and transactions from users involved in the Bouncy Coin game. This will enable us to make predictive models to better serve our clients' ability to maximize their income. We will recruit AI experts right after the ICO writes programs to help players in real-time to make better investment decisions.

How it works

After the demo is launched:

• Zoom in with your mouse wheel.

• Place bets on the grid by clicking once to place and twice to acknowledge.

• Rotate the scene by pressing the right button of your mouse. • Change the size of the table by clicking pulldown located on the left side of the table

Players send bets and enter virtual queues. Bets are made in ETH or BOUNCY tokens.

If the queue is not full, the game is never played.

If the queue is full, the game is played.

Queue size = the maximum amount the player can win.

Everyone wins

"The House" wins ...

Win or lose, "home" makes money in any way. Player wins ...

When a player wins, a small fee is removed from the win. Token holder wins ...

Fees are distributed to all BOUNCY token holders. They are given incentives to buy and hold BOUNCY tokens because they will be paid dividends every time a player wins.

Roadmap:

Token Sales

BOUNCY Tokens will function as utility entry fees into Bouncy Coin games and as dividend end points for the same token holder. For now we will also allow users to play games with ETH.

In Casino partner scenarios, Casinos make money when players lose and when players win. When a player wins a match, there is a small fee incurred from winning. This fee is distributed to all BOUNCY token holders. Tokens pay dividends every time * each * player wins even though this dividend is not paid immediately. Every time a fee is collected, it will be collected and distributed periodically by our smart contract. This distribution frequency will be configurable.

ICO Breakdown

A total of 100 million BOUNCY tokens will be issued.

10% (10 M BOUNCY) - Pre-ICO sales

70% (70 M BOUNCY) - ICO sales

5% (5 M BOUNCY) - Advisor

5% (5 M BOUNCY) - Bounty Program

10% (10 M BOUNCY) - Coin Companies and Bouncy Employees

Pre-ICO

A 10M Token will be offered at Pre-ICO.

Minimum contribution during Pre-ICO: 5 ETH (Approx. 2500 EUR / 2900 USD)

Price before ICO = 0,0001 (1 ETH = 10000 BOUNCY)

maximum amount collected: 1000 ETH (Approx. $ 580k)