BotGaming - Blockchain Gambling Platform For Messenger Bots

BotGaming is a blockchain powered gambling platform for messenger bots. Verifiability of odds and building users' trust represent our core values. This is why BotGaming has been built using open source PRNG to make interactions inside the game session transparent and verifiable. BotGaming uses blockchain protocol at the game’s session level. Once the game session begins, all transactions like slot machine spins or poker hands are gas-free and are processed almost instantaneously. What problems does BotGaming solve Despite the high rates of growth of the industry, trust in online gambling is lacking. This problem covers all aspects of the gambling industry, from PRNG to payments. The combination of open source PNRG and the processing of all external transactions using the blockchain ensures provably fair gambling. Mobile device users spend up to 70% of time using messenger apps, which make them especially promising to use as a mobile gambling platforms.

About BotGaming

BotGaming is a blockchain powered gambling platform for messenger bots. We started game development in 2016, and initially we focused on a social gambling business model with monetization solely through in-app purchases. Today the total number of our bots installed on all platforms exceeds 400,000, with more than 35,000 monthly active users. Our products have been mentioned by Forbes, TechCrunch and CNet.

In May 2017, we made a decision to create a fully-featured gambling platform for messenger apps by obtaining a MGA (Malta Gambling Authority) license, which entitles the company to operate in the European market.

The core value of BotGaming is verifiability and user trust. Our open source RNG generator and the performance of all transactions on the blockchain ensures provably fair gambling.

BotGaming’s token - BotCoin (BOT) will be used as the primary in-game currency for all of our games. It will be connected across all platforms and allow users to gamble for real money against their friends on their devices.

BotGaming uses blockchain protocol as a strong bidirectional payment channel between players, casino and affiliates. Needless to say, this solution guarantees the fairness of reward payouts and gives players complete control over their funds. When a player starts a game session we ask them about the amount of BOT tokens they want to play with. This is consistent with the principle of responsible gambling. Then we deploy a game contract, which locks the corresponding number of tokens on their wallet.

When a player decides to quit the game session, the smart contract distributes the reward and the outcome of all operations are added to the blockchain.

As can be seen from this description, BotGaming uses the blockchain at the game session level only. This approach solves issues with transactional fees and speed. We need to pay gas only twice - to open and close game session. Once the game session is open, all transactions like slotmachine spins or hand-drawing in poker are gas-free, and are conducted almost instantaneously.

We use PRNG with open source code to make transactions in game sessions transparent and verifiable.

Common problems players face in online gambling
● Limited access to game accounts
● Hidden charges for deposits and withdrawals
● over-betting costs
● Hidden terms that allow the casino not to pay or withhold gifts
● Not verified for PRNG-end user algorithm
● Aggressive marketing (email, phone calls, etc.)

The problems facing startup blockchain gambling
● Low speed
● The high cost of implementing smart contracts

Problem solved by BotGaming
● There is no fraud risk from the operator
● No hidden terms and hidden costs
● Verify the PRNG algorithm
● There is no risk of bonus payments
● Memory transaction speed is almost instantaneous
● Payment for smart contract execution only at opening and closing of game sessions

WHAT IS BOTGAMING ?
BotGaming is a powerful blockchain gambling platform for messenger bots. Verify opportunities and build user trust represent our core values. This is why BotGaming is built using open source PRNG to make the interactions within the game sessions transparent and verifiable. BotGaming uses blockchain protocol at the session level of the game. After the game session begins, all transactions such as slot machines rotate or gas-free poker hands and are processed almost instantaneously.

WHAT IS THE PROBLEM BOTGAMING SOLVE ?
Despite high industry growth rates, confidence in online gambling is lacking. This issue covers all aspects of the gambling industry, from PRNG to payment. The combination of open source PRNG and the processing of all external transactions using blockchain ensure a fair and predictable gambling.

Mobile device users spend up to 70% of the time using messenger apps, which makes them very promising for use as mobile gambling platforms. Users do not need to install new apps and advertising traffic for messengers is significantly cheaper than regular mobile traffic.

The following product charts generally represent in sports betting markets, casinos, poker, and lottery.

Online Gambling Market
● Players move to mobile device
● Online casinos are prohibited by AppStore and Google Play in many countries
● Costly acquisition of users. Average $ 100 (poker) $ 300 (casino) for new storage player
● Some problems with affiliate contro

Market Gambling Messenger
● Users spend up to 70% of their time using messenger apps
● No need to install new apps - low barrier to login
● User acquisition cost (CPI) $ 0.1. Estimating $ 5 per player deposits real money
● Easily build an Affiliate network for messenger channel owners

Marketing Strategy
BotGaming’s global development strategy is based on customization for each region. We will focus on popular messengers in each country and games allowed in its jurisdiction.

Work with the community
The token sale is not only a tool for attracting investments, but also a way to express
ourselves in the cryptocurrency community.

Media buying
Since average user spends about 70% of his time in messenger app, BotGaming provides an ecosystem inside messengers, where users can easily access bots of BotGaming platform. This availability results in low barriers to enter and high retention rate, along with a system of notifications and similar messenger user experience.
Therefore BotGaming is an easy scalable gambling platform with cost effective user
acquisition. While web-based casino pays $300 for player deposit (100$ for deposit of
poker player), current cost per game install is only $0.01-0.1, with expected $5 for player deposit. Currently the audiences of messenger channels are underestimated.
This is due to the low efficiency of traffic transfusion from the messenger's ecosystem to other platforms, whether it's web or mobile applications. We offer influencers a reliable way to monetize their audience by placing adverts or participating in our affiliate program.
Additionally, we have gained considerable expertise in the purchase of traffic from
traditional mobile advertising networks and the subsequent monetization of our bots.

Affiliate Programs
Two types of affiliate programs will be implemented for BotGaming.

• First, players will be able to share a referral link to all their contacts. After a referral registers with any of BotGaming’s bots, the referrer gets 20% of the GGR for this player.
• Second, channel owners can post referral links. Registration as an affiliate partner is vailable on the project’s website or through BotGaming’s information bot. There is a referral commission of up to 50% of GGR.
• The calculation of referral payments is instant when game session ends. Identification of users at the device level enables to avoid affiliate program fraud.

Tokenization Model
BOT is a utility token based on ERC20 standards. It is used as in-game currency for all the game contracts integrated within the BotGaming platform. Keys to BOT can be stored in platform wallets by players and in any Ethereum client or by more advanced Ethereum users.

The token supply for token sale rounds are presented as follows :

• Basic token cost $0.01
• Softcap $5,000,000
• Target $15,000,000
• Hardcap $20,000,000

The total amount of BOT tokens to be distributed is 3,625,000,000, which is going to be allocated as presented proportions :

• On Sale 60.00%
• Team and owners 20.00%
• Reserve 15.00%
• Advisers, Escrow 5.00%

We have already seen significant growth of our platform. It is fast, can handle many users and is ready to scale after the crowdsale. We assume that every 100,000 Slotobot installs will generate a trading volume of tokens equivalent to $1,000,000. We want to become the most reputable and well known messenger bot gaming platform and we welcome our base to join us to become part of the BotGaming community.

Business and financial modelling
Business modelling of BotGaming platform is allocated with milestones of roadmap. The release information is going to be published on social media channels, but main phases of token sale rounds, product development and token emission is described below in a roadmap part.

The chart below shows the estimated number of monthly active users (deposit players). By December 2018, MAU will exceed 80,000, in December 2019 350,000 and in December 2020 1,000,000.

Token Info 
Name : BotGaming
Token : BOT
Price : 1 BOT = 0.01 USD
Platform : Ethereum
Soft cap : 5000000 USD
Hard cap : 20000000 USD
Total supply : 3,625,000,000
On Sale  : 2,175,000,000

Road Map

Team

Advisor

For more information, visit the link below :

• Website : https://botgaming.me/
• Whitepaper : https://botgaming.me/whitepaper.pdf
• Facebook : https://www.facebook.com/botgaming.me
• Twitter : https://twitter.com/botgaming_me
• Telegram : https://t.me/botgamingchat
• Medium : https://medium.com/@botgaming
• GitHub : https://github.com/Botgaming
• Bounty Thread : https://bitcointalk.org/index.php?topic=3314635.0
• ANN Thread : https://bitcointalk.org/index.php?topic=2727253

Article by :
username : chong_ali
Profile Link : https://bitcointalk.org/index.php?action=profile;u=1360386
Wallet : 0x89095EDC877ed4Ed7D201c9c76EdB68BAA187E2b