White paper: https://bouncycoin.com/whitepaper
What is Bouncycoin
BouncyCoin is a Blockchain based software that allows players to win money in games where they create and control odds. BouncyCoin games are social games that run on a universal blockchain that enables safe gambling behavior in a controlled environment and where Monetary success = winning small amounts of money over time.
We propose to create several socially networked client-side interactive engagements as replacements for casino-style money betting, that empowers users to make intelligent and conservative money decisions. Bouncy Coin will change the misaligned purchasing behavior of buying Lottery Tickets by introducing socially aware fun engagements that equates monetary success to winning small amounts of prizes over extended periods of time and where users create and manage their own risk.
Bouncy Coin will operate within three distinct business channels as outlined here but will focus on building its business in channel #1 first right after the ICO.
We plan to give away our first app based on our current MVP to legitimate Casino and online Gaming companies. Bouncy Coin will hold a percent of BOUNCY tokens generated from the ICO. This represents a one-time event that will monetize Bouncy Coin for the near term. Our subsequent apps may be licensed for cost to Casinos based on our anticipated performance.
The measured problem in gamblers has been compared to the state of nerves called in cocaine dependence. In particular, problem gamblers experience problems with impulsivity in making healthy gambling decisions. Lottery gambling has been proven to have a purchasing pattern that is consistent with addiction3.
In fact, research
has shown that up to 15% of lottery players have a symptom of a gambling problem . Bouncy Coin will stop pushing cash for State-run Lotteries by offering social networking engagements where participants can win small amounts of cryptocurrency and / or prizes and where they create and control their engagement 0pportunities.
Open Source Considerations
Bouncy Coin filed for a US Utility Patent in 2017 for aspects of the MVP that is referenced here. Because of this Bouncy Coin will expose only the parts of our Solidity source code that do not implement our patent pending. We are doing this because if we are granted patents from the USPTO we can then defend them, but only if we have not open sourced our implementation of these patents. Bouncy Coin will open source all software that we create not directly related to patents that we hold or plan to apply for.
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Bouncy Coin will hold contests after the Self-Drop to allow developers to author and/or co-author the replacement of casino games and/or to create completely new games of chance that empowers users to create and control their entropy engagements. Winners will be awarded BOUNCY tokens and/or ETH. We have allocated this developer bounty in our Air-Drop contract.
Legal Aspects of Bouncy Coin
Bouncy Coin is a registered LLC and is not a Casino or licensed to operate in any country as such. Bouncy Coin LLC is a software developer who grants software licenses to other parties some of which are legitimate gambling businesses.
Bouncy Coin has legal license to use and distribute software described in this document either via the Web for multiplayer use or downloaded and played back on mobile devices for personal use.
Bouncy Coin has patent pending applications with the US Patent and Trademark Office for aspects of the software described in this document.
Putting players in control. We propose to create several socially networked client-side interactive engagements as replacements for casino-style money betting, that empowers users to make intelligent and conservative money decisions. Bouncy Coin will change the misaligned purchasing behavior of buying Lottery Tickets by introducing socially aware fun engagements that equates monetary success to winning small amounts of prizes over extended periods of time and where users create and manage their own risk.
In 2014 Americans spent 70 Billion Dollars playing Lottery Games in 44 of 50 states, playing games of chance that were rigged with very low winning probabilities. Currently, in California to play Super Lotto Plus a player chooses five numbers from 1 to 47 and one additional number from 1 to 27. The odds of correctly choosing all 6 numbers and winning the grand jackpot is 1 in 41,416,353, which is equivalent to guessing a single number out of 41,416,353 possibilities. Most people who engage in these games do so out of desperation, societal conditioning and misinformation about odds. The Lotteries however, understand all too well the odds of winning and losing. There is a very dark side to Lotteries. Lotteries represent regressive taxes on financially disabled and disadvantaged groups who are the most aggressive ticket buyers. A late-1980s Duke University study found that the poorest 1/3 of households bought more than 1/2 of all weekly lottery tickets sold1 . Gambling addiction is a public health problem. It has been estimated that approximately 5% of all adults have symptoms of problem gambling2 . Neural states measured in problem gamblers have been compared to neural states invoked in cocaine dependence. Specifically, problem gamblers experience problems with impulsivity in making healthy gambling decisions. Lottery gambling has shown to have purchase patterns consistent with addiction3 . In fact, research has shown that up to 15% of lottery players have symptoms of problem gambling4 What is needed for the good of people everywhere are social ‘engagements’ that provide all participants the ability to create and manage risk and on terms that they control if they choose to engage in gambling-like behavior. Bouncy Coin will stop the hemorrhaging of cash to State-run Lotteries by offering socially networked engagements where participants can win small amounts of cryptocurrency and/or prizes and where they create and control the odds of their engagements.
Bouncy Coin is a blockchain-based social gaming platform. The developers propose a solution that would allow users to place bets as well as create odds. Bouncy Coin team will license their first software app to casino operators for inclusion in their software offers. Regular users will download a mobile game and install it on their phone or tablet.
The team is issuing a BOUNCY token. It will function as a utility entry fee for accessing games and as a dividend endpoint for token holders. In the event Bouncy Coin partners up with a casino, the fees will be distributed to all BOUNCY token holders
BOUNCY COIN UTILITY TOKEN SELF DROP:
Token Name: BouncyCoin
Token Decimals: 18
Current Price: 1 ETH = 15,000,000
10% Reserved Funds
7% Bounty and Airdrop
1 ETH and above = 50% Bonus
Below 1 ETH = 40% Bonus
1 ETH and above = 30%
Below 1 ETH =20%
1 ETH and above = 10%
Below 1 ETH = No bonus
BOUNCYCOIN TEAM MEMBERS :
FULL STACK DEVELOPER
SOCIAL MEDIA DIRECTOR AMERICAS
December 01, 2018
Q4 2018: Finish and Distribute MVP
March 01, 2019
Q1 2019: Partner with Casinos and Online Gaming
June 01, 2019
Q2 2019: Target US Lotteries’ Vulnerable Customers
September 01, 2019
Q3 2019: Scale Up with Global Lottery Customers
MORE INFORMATION :
TWITTER : https://twitter.com/bouncycoin
INSTRAGRAM : https://www.instagram.com/bouncycoin/
MEDIUM : https://medium.com/@bouncycoin
GHITAB : https://github.com/BouncyCoin
MY INFORMATION :
BITCOIN USERNAME : sujon3424
BITCOIN PROFILE LINK : https://bitcointalk.org/index.php?action=profile;u=2394878
Eth address: 0xf0Eacb332c30dC129FB091BD2743faE37c16bDeE