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PROOF OF TOSS
Everybody Wins
A peer-to-peer solution that is a fully functional and decentralized platform, good for any type of event. All wager exists in the form of smart-contracts, that protect players with their immutable rules. Token holders can choose a role they want to play in the platform, create wagers, bet within wagers created by others or resolve disputes and determine results as judges of the platform, and earn tokens form any role they chose.
With our open source solution, we provide professional betting operators with the infrastructure they need to implement blockchain technologies into their existing business models. Using the TOSS protocol allows bookmakers decrease transaction costs, avoid chargebacks, provide better odds and earn more.
We’ve been successfully operating a bookmaker company for years now, we know the industry inside and out. Blockchain is the perfect solution to heal all the betting industry pains, and we will be the first to do it.
PROOF OF TOSS is a decentralized betting ecosystem that is aimed to modernize the industry. The platform allows anyone to create wagers, bet and judge – all to win TOSS tokens. PROOF OF TOSS caters to existing Bookmakers and other “players” of the field. By providing a solution that serves as a gateway to the world of blockchain and cryptocurrencies, the project aims to enhance the betting experience, while increasing the service provider’s profit margins and market coverage.
In the foundation of PROOF OF TOSS lies the Blockchain technology, it brings decentralization, flexibility, reliability, and trust. For the ecosystem to run smoothly, be scalable and retain all the fundamental principles of the blockchain, RSK’s open-source smart contracts platform has been chosen. Being a sidechain of Bitcoin, RSK provides a high level of security by merge-mining that prevents the double-spend problem. RSK scales to 400 transactions per second creating blocks at 10 seconds average interval.
Partner crypto fund | Marketing |Blockchain entrepreneur|Fundraise capital |Influencer Rated on May 2, 2018 Modified on Sep 7, 2018
4
4
4
10%
This seems like a fantastic concept that would catch on pretty easily. People love to gamble and this would allow more transparency and fairness. I like this project.
ICO Advisor, Community leader and COO/Co-founder Krypt.ly Rated on Jul 9, 2018
4
4
3
8%
good team with the needed skills, ICObench KYC done. They have a good vision but time will tell if it is good enoguh to compete with several other projects in the same gambling/blockchain space. No MVP.
This industry is similar to financial services on the Blockchain - it is becoming quite saturated and creating differentiation will be a key factor of new market entrants.
The project team is quite centralized and it would be interesting to see how partnerships are developed to create a global awareness and reach of the project.
The vision is relatively standard, and as mentioned previously, differentiation in the space, especially from some of the seasoned professionals on the team, would be interesting to see.
One of the critical features of any project in 2018 is to have at least an MVP. I hope to soon see some technology that has been developed that supports the project's vision.
A decent whitepaper that articulates their vision well.
Looking forward to seeing their system when its ready.
I also think the team's experience in the gaming industry will provide them with an edge
ICO advisor and Founder of Serendipity Blockchain Solutions Rated on May 11, 2018
3
3
2
6%
Proof of Toss will provide a betting platform to users, where they can wager and place bets to successfully win TOSS tokens. They are facing a lot of competition in this ecospace and already had to postpone their ICO due lack of interest. Additionally, I feel they set their hardcap too high to truely gain traction of contributors.
They do have enough people working on the project, with experience in the fields of gambling, betting and development. However, they are definitely lacking advisors which would help with marketing their product.
If they can stick to their roadmap, they might be able to achieve some nice things, but it remains to be seen whether they can get some of the market share from competitors already in the field of blockchain betting.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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