This article will be devoted to the description of the ICO project GIFcoin. We will analyze its history the type of activity, team, security, prospects and much more.
GIFcoin is one of several large ICO projects. The work of this project is directly related to gaming. He is supervised by the bookmaker site VitalBet.com.
The excellent website usability allows users to easily bet on various events and use other different functions of the site.
Project history
The starting point of this project can be considered 2011. This year, a team was assembled from: designers, webmasters, CEO of specialists, programmers and PPC-experts. Territorially they were located in Bulgaria. The team of specialists started its activity as an affiliate project. The site was added various bookmakers and casinos. In 6 months, this project entered the UK market. And after that the project grew, increasing the number of countries of its presence.
Significant gains in revenue, the company reached in 2014, by this time they had a huge experience in gaming and a lot of knowledge in this area. Based on the experience gained in cooperation with a large number of bookmakers, the team came to the conclusion that in order to increase your income at times, you need to open your bookmaker's office and develop it. In order to understand what budget is needed for this, several different studies and calculations were carried out. After carefully working out all the nuances, the team decided to attract top companies engaged in developing a full-fledged platform for their gaming site, with various functions and additional capabilities.
A large number of requests were sent to quickly find partners for platform development. In response to these actions, the company received many proposals for cooperation. Of all the options was chosen the best in terms of efficiency of customer support and prices. The chosen partner provided a good help in this direction. As a result of this cooperation, the VitalBet team learned how much to spend on the development of the project and where to purchase a license for this type of activity. Of course, there was a lot of valuable advice. Many of them are applied to this day.
In the first month of VitalBet service, the number of customers was small. Even though the advertising banners were on top positions. To eliminate this shortcoming, they conducted an analysis of their work, found mistakes and reworked their advertising strategy to further promote their brand. And due to these changes, the accelerated development, began in a few months.
After four months of work, about 5000 active users were collected. In connection with the increased popularity of crypto-currency, in early 2017, specialists of the site VitalBet.com decided to add to the site, the opportunity to bet in bitcoins. After that, players have the opportunity to pay for site services and make bets, the most popular crypto currency. Such innovations, inspired the main programmer of the project, to study the blockade of technologies. And most of the project's experts followed suit, thereby becoming more and more immersed in the world of crypto currency.
In the photo below you can see how you can make a deposit on VitalBet.com:
As part of the in-depth analysis of the ICO market, a final decision was taken to conduct the ICO. According to plans, project specialists, to enter the TOP-15 most popular bookmakers. In this case, the developers and participants of the ICO will get a good profit.
Advantages of the VitalBet bookmaker
Consider what are the main advantages of VitalBet from other bookmakers. The first and main difference is that payments are already being made in the crypto currency of bitcoin, and users can place bets, withdraw and make deposits in bitcoins.
On the fingers you can count the bookmakers that occupy the TOP-100 gambling market, which provide such an opportunity for their customers. Due to the funds received during the ICO, the development will be rapid and in the future the list of accepted crypto-currencies will be expanded and the main most popular coins will go to it. And they, as well as bitcoins, will be available for bets. Due to this, VitalBet platform will stand out from the whole gambling industry, and will increase its popularity.
In addition to payments in the crypto currency, as well as options for rates, users will be able to assess such ancillary opportunities:
casino, video games;
inplay - betting on the game;
bets on sports events;
a casino with real dealers ("live" casinos);
streaming, as well as virtual sports.
The site VitalBet.com provides for its users all the most popular methods of making a deposit in a fiat currency. Methods of replenishing the balance are very diverse:
payments from debit and credit cards MasterCard and VISA;
electronic wallet Skrill;
Sofort;
Paysafecard.
Soon for a large number of attracted customers will be introduced payments in the crypto currency:
Lightcon (LTC);
Ethrium (ETH);
Dash (DASH);
Ripple (XRP).
These innovations will increase the coverage of players. The blocking technology will be used, which will ensure a security guarantee for all players.
Website usability
Sites of gaming sites are often overloaded with a lot of information and are difficult for beginners, thereby discouraging a certain percentage of users who do not want to understand all the intricacies. The developers of VitalBet plan to make their portal more convenient and understandable for new users. Increasing the usability of the site, the project staff will transfer most of the new visitors to active users who enjoy the game.
VitalBet Security
One of the main tasks of the project is security, this is spent most of all working resources. Users can not worry about their personal data and their deposits of winnings.
Security is confirmed by such actions as:
systematic conduct of safety audits;
for the entire period of work there were no thefts of money due to the hacker attacks;
for all time, there was no failure in the platform.
Effectiveness of the company
To understand the effectiveness and prospects of the project, it's worth to spend time working with figures. The impressive performance of the company will show seriousness and good prospects.
The first thing worth paying attention to is the company's income, it is $ 7,368,602. Including net arrived - 3,315,871 US dollars. Not a little important indicator is also the number of active users, and it is: 20,453 users. To find out the average loss per customer, the company conducted in-depth analysis and the result was: 360.27 dollars. The number of new visitors who switched to the status of active users was 15.4%.
Prospects for company growth
Employees of VitalBet conducted a marketing research which revealed that there are 15 very promising markets for which you can go online with online betting services. I will list the countries:
Denmark;
Canada;
Greece;
Spain;
Italy;
Germany;
Sweden;
France;
Russia;
USA;
United Kingdom;
Japan.
In the above countries, it is possible not monopolized, legal online betting. This list covers about 65% of the world's gaming market. The analysis makes it possible to make appropriate forecasts. After the ICO, the funds collected in this way will be distributed according to the figures in the table below.
Country of distribution Revenue (up to $ 1 million) Profit (up to $ 1 million)
Denmark
2018: 32.4
2019: 57.6
2020: 78.1
2018: 13.2
2019: 36.1
2020: 55.7
Canada
2018: 35.6
2019: 62.4
2020: 89.2
2018: 14.3
2019: 38.1
2020: 60.8
Greece
2018: 37.8
2019: 70.2
2020: 94.2
2018: 14.7
2019: 42.1
2020: 66.9
Spain
2018: 42.2
2019: 73.9
2020: 105.7
2018: 16.0
2019: 44.6
2020: 71.7
Italy
2018: 49.8
2019: 87.2
2020: 124.7
2018: 18.1
2019: 52.2
2020: 84.3
Germany
2018: 60.4
2019: 105.8
2020: 151.2
2018: 22.3
2019: 63.5
2020: 102.4
Sweden
2018: 70.0
2019: 122.6
2020: 175.2
2018: 25.3
2019: 73.3
2020: 118.5
France
2018: 82.4
2019: 144.2
2020: 206.0
2018: 30.3
2019: 86.5
2020: 139.5
Russia
2018: 87.2
2019: 154.3
2020: 220.6
2018: 32.0
2019: 99.2
2020: 151.7
USA
2018: 96.4
2019: 168.7
2020: 241.1
2018: 35.7
2019: 101.4
2020: 163.4
United Kingdom
2018: 123.3
2019: 215.8
2020: 308.3
2018: 51.1
2019: 132.5
2020: 210.8
Japan
2018: 171.3
2019: 299.8
2020: 428.3
2018: 83.3
2019: 190.5
2020: 297.2
Review of the market of sports betting and gambling
The gambling market is very large, within the whole world. In 2016, it brought in $ 484 billion in revenue. Analysts say that until 2020, annual growth will be 3-3.5%. The income from sports betting, from the general game market, is 212 billion. dollars. This is a very large increase in contrast to previous periods.
Sports bets increase their presence in the general gaming market. The percentage of its presence on the market is growing every year and in the future there will be an increase from 44.5% in 2017 to 46% by 2020.
Such growth was due to the best bid offer if we consider this segment with respect to casinos and lotteries. When the bookmakers' offices are published on the Internet and their work is improved, as well as the legalization of sports betting online. A large number of fans to bet, it was possible to do their favorite thing, anywhere in the world. And such users will be more and more.
The online sports betting market has several features:
The initial stage of development, and a very large size of the market;
The illegal nature of the implementation of the transaction at rates in China, India, South Korea and Hong Kong;
A large segment of the market falls on such sports as: equestrian sport, football, cricket, basketball and dog races;
Seasonality of sports: the season of maximum demand during sports competitions of a global scale, as well as the season of minimum demand in the summer period;
rather high starting costs when entering the market: mainly due to costly licensing, expensive marketing campaigns.
If you take the entire market for sports betting, then its income is estimated at $ 1.5 billion. A legal income of about 20% of the above amount.
Competitiveness of VitalBet
Great competition in the gambling market does not scare the VitalBet team. To date, this market has a lot of big bookmakers and in this environment, the project VitalBet can keep its position in the TOP-100 bookmakers of the world. These data are provided in accordance with the rating system of Alexa Rank, which regularly monitors gaming sites. After the ICO, the VitalBet team is confident that the funds received in this way will ensure the project's output in the TOP-15 by 2020. The plan for developing and circumventing competitors is compiled, only funds and a breakthrough are needed.
VitalBet development plan
As soon as ICO is completed, VitalBet lawyers will create a new joint-stock company. This will give a guarantee on the right to receive shares from the new organization. VitalBet will be part of the new company. After the ICO, the staff will be updated by adding new highly qualified specialists, such as:
1 Programmers;
2 Web designers;
3 PPC-experts.
These employees will begin work on creating a new website design. Updated design and new added features will help attract even more users.
As soon as the final design and functions allowing as effective a visitor as possible to use the site, the programmers will proceed to create a mobile application. With the help of the application, users will be able to make bets and other actions anywhere in the world where to sit online.
Improve the partnership program will not keep you waiting. To do this, the project staff will introduce more attractive offers.
There will be an opportunity to replenish the deposit at the expense of a large list of all popular crypto-currencies. And on this basis the main difference from all other similar projects is being built.
Once all the work on moderation and improvement of the gaming platform will be completed, further promotion and development of the brand will begin. Marketing and advertising companies will be launched. Channels for promotion will be selected with the exact target orientation. This will be projects promoting the platform of gambling.
The stage of obtaining licenses in more loyal and promising countries will take place simultaneously with promotions or a little later. This will give free access to the legal gaming market of these countries.
As soon as all the above described steps are completed, specialists will start implementing an improved version of their platform, this will be VitalBet v.2.0. It will have a lot of functionality and new additions. As a result, the website will become one of the most attractive resources for gamblers around the world.
VitalBet employees expect that after launching the initial wave of advertising and marketing campaigns, the number of users participating in the project will grow at a rapid pace. The creators of VitalBet are counting on a 100% increase in participants already in the first month. In the first six months of their number will be observed a 500-percent increase.
Introduction to ICO
To get lightning fast growth and development, the VitalBet project needs big financial injections. To receive funding, the project team decided to use the ICO. At the moment, this method is one of the most attractive both from investors and the project team. After receiving the funds as a result of the successfully completed ICO, they will be directed to the implementation of the assigned tasks.
According to the plans of the team, all investors who made their contributions at the ICO stage will receive their share of 80% of VitalBet's net annual profit.
ICO VitalBet and its features
The so-called PRE-SALE will begin on February 22, 2018. The main public sale will begin its work on March 16, 2018. Sales will be carried out on the site: https://www.gifcoin.io
As part of the volume of GIF tokens issued, investors can purchase the required number of tokens (taking into account current cash). The minimum investment is 0.01 ETH. All calculations will be made in the Ethereum crypto currency. Any other crypto currency or the means of calculation of the funds are not allowed.
GIF token allocation
For the ICO, 300,000,000 GIF tokens will be issued. The release will be carried out by creating a contract on the Ethereum platform. The contract uses the ERC20 interface. It was this standard that was installed for tokens, it is generally accepted. Thanks to this, the process of integrating the GIF crypto currency with various purses and exchanges will be greatly simplified. <
With a preliminary sale to a certain group of investors will be granted a bonus of 15%. After the completion of the ICO, the tokens will arrive at the etherium purse specified at the time of purchase. Some of the tokens that the company owns will be frozen for the duration of the ICO.
Profit Distribution Report
To find out the exact addresses of the owners of GIF tokens and confirm the presence of tokens on them, the so-called snapshot of the blockbuster will be produced. This action will show and fix the current distribution of tokens between ICO investors in accordance with the block. The volume of the control unit, the date and time of its appearance will be sent in advance. This information can be viewed on the GIFcoin website. And also it will be duplicated by e-mail.
Receiving a profit
In January 2015, a beta version of the bookmaker site is launched;
In June 2015, the launch of the site VitalBet.com;
In May 2017 Bitcoin crypto currency is introduced for settlements with users;
In January, the launch of the ICO site;
In February 2018, pre-sale of tokens;
In March 2018, the public sale of tokens;
In March 2018, the completion of the ICO;
In March 2018, the expansion of the team;
In April 2018, the launch of an updated version of the software platform with a new first-class design and the best user interface;
In May 2018, the launch of a revolutionary mobile application VitalBet for Android, iOS, and Windows;
In May 2018, the update of VitalBet.com launched a new partner program with the most attractive terms;
In June 2018, the addition of the most popular crypto currency both for deposit and withdrawal of funds;
In June 2018, the launch of a large-scale marketing program;
In June 2018, the beginning of an aggressive advertising campaign involving the best channels;
In July 2018 legal agreements and licenses from / in some countries;
In August 2018, the launch of Vitalbet version 2.0 - Another stunning upgrade platform with a lot of additions and features;
December 2018: Expected audience reach - 1,000,000 users, thanks to which we are among the 20 best bookmaker sites in the world;
December 2018: Distribution of profits among all holders of tokens.
Forecast by profit by 2020
The main goal of the VitalBet team is to enter the TOP-15 of the most successful companies engaged in gambling business and leading settlements with users in a currency. Also not a small important goal is to enter the TOP-3 of the best gaming sites that use crypto currencies to settle with players.
According to forecasts, the total number of active users by 2020 should be 2.3 million people. Projected profit is 756 million dollars. This amount will be appropriately allocated:
20%: for marketing, as well as advertising companies;
15%: payments to partners in accordance with the partner program;
10%: administrative expenses;
10%: payout to players;
45%: net profit (balance).
45% of net profit is 340mln. dollars. 80% of this amount will be distributed among all holders of GIF-tokens. Each year this amount ($ 272,160,000) will be distributed among the owners of 300,000,000 tokens. Accordingly, each owner of 1 GIF-token will be entitled to an annual share of profit in the amount of 0.9072 dollars.
VitalBet Team Overview
Popov is the founder of the company. Owner of 50+ gambling projects.
Dimitrov is a brand manager. Social Media Marketing and PR.
Boyukliyas - marketing expert. Specialist PPC Internet Advertising and PR.
Nikolov is a specialist in the field of Blockchain technologies.
Nikolov - Reserve developer and system
administrator.
Hristov - Interface developer for developers and users.
Milenov - Profiling the database and effective risk management.
Petrov - Monitoring of financial obligations and exchange of experience.
The site VitalBet.com has established itself as a stable, functional game resource. He works and will continue to work and develop, even if he does not collect the required amount. Thanks to a professional team of specialists, it was possible to create a convenient working platform VitalBet. Investors who will take part in the ICO will not be disappointed and will increase their investments several times.
Additional Information:
Official website - https://www.gifcoin.io/en/
Whitepaper - https://www.gifcoin.io/whitepaper/ru/GifCoin-WhitePaper.pdf
ANN Bitcointalk - https://bitcointalk.org/index.php?topic=2785607.0
Telegram - https://t.me/gifcoin
Twitter - https://twitter.com/gifcoin_io
Facebook - https://www.facebook.com/gifcoin.io
My account at btt: https://bitcointalk.org/index.php?action=profile;u=1867095;sa=summary
ETH:
0xFC2681E91b4922E10f94aeCF5ACc49b6C29455c2
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