Truegame
Truegame Brings Blockchain Technology to Online Gambling Industry
The online gambling industry has become an integral part of the lives of people in the past few years. This industry is raising steadily by making use of people’s natural tendency of gambling. This activity indeed has always become people’s favourite from time to time.
Everyone has his own interest in gambling, from leaders to ordinary people. There have been many online gambling companies having their ups and downs in the industry as well, attempting on capitalizing on this particular interest of human beings all over the world.
Nevertheless, apart from dozens of reasons why people love the online gambling companies, there are also dozens of reasons why people are dissatisfied with what they experience in gambling through these online platforms. The issues of lack of trust, transparency and accountability often become a barrier that stands before the online gambling companies, providing the main source of hesitation to people who are interested to go few rounds and have a taste of them.
These issues indeed reduce the integrity of online gambling platforms significantly, yet these companies seem to be okay with the situation without doing any notable effort to revise the public’s opinion on them. It seems like those issues are indeed part of strategies that these companies attempt to play.
However, a platform called Truegame does not share this belief. Instead of riding on the wave of the online gambling industry and making no innovation, Truegame attempts to fix public’s opinion on online gambling companies by integrating today’s most-sought after-technology – blockchain – into its platform. At the moment, Truegame becomes the first and the only online gambling company to tap into this potential of the online gambling-blockchain combination.
This decision of collaborating the technologies is based on Truegame’s belief that the negative public’s perception will keep people away from online gambling, thus shutting out potentials of income for companies competing in the industry. And Truegame is definitely against it.
What Truegame really is
Truegame is a platform where online gamblers could rest assured that they are dealing with reliable and valid gaming vendors. The issue of trust and accountability indeed has become serious tackle for the online gambling industry, as it prevents people from accessing online gambling services, and it is what Truegame seeks to recover. It is people’s trust towards online gambling platforms that Truegame wants to fix so that both industry players and consumers could have fair chances of winning.
One of the main efforts in reaching this objective is by integrating the blockchain technology into Truegame platform’s operations. This technology indeed provides a mean of validation for users so that they are convinced that they are dealing with a valid vendor. This could boost their trust and preference towards the platform as they believe they have fair chances to win the game.
They are also assured that in case they actually win the bet, they will get the prize at the right amount, as they will be capable in double checking the amount of prize promised by the vendor and the amount that they actually receive.
There are already a number of games available on Truegame’s platform and still counting. This line up includes several people’s favourites, such as lottery games, prize draws, poker rooms, and slot machines. The team at Truegame are really aware that it is important to build the platform based on people’s preferences so that it could be warmly welcomed by the public.
Truegame’s adoption of the iGaming technology allows the platform to speedy build its competence as one of the top gambling vendors there is within the online gambling industry.
How Truegame Works
Truegame tries to capitalize on the gambling transactions by introducing an internal utility token which could be used for every activity carried out on the platform, including each user’s personal balance management. Each game is based on a smart contract between players and the vendor, making it nearly impossible for any of them doing unlawful actions over the game. It is all about luck and fair chances of winning.
Everytime a player wins a game, his winning prize will automatically be transferred into his own balance in form of internal token. Users could store and manage the tokens they purchase and win on a separated ethereum account which is bound by a smart contract.
This balance could be withdrawn by the users at any time they want. Users do not have to worry if they do not have the time to manage their own tokens in their balance, as Truegame’s Ethereum node automatically manages and controls users’ balance.
There are two ways users could make interaction with the platform’s smart contracts. The first method is that Truegame will help users managing and controlling their tokens. This simplifies users as they no longer need to install any special system or software nor have any experience in dealing with blockchain technology to manage their balance.
The second way is through direct interaction with the Ethereum wallet. In this method, the users send their own bets to the wallet and do direct interaction with the smart contract method. This option is, however, still in beta mode at the moment. Regardless of the method that users choose, they are allowed to fully participate in all games and transactions available on the platform.
Truegame’s Potentials
Considering that people all around the world are accustomed to betting and gambling games and that gambling activity are always successful in attracting public’s attention, I personally believe that Truegame has a huge room to grow. This is based on the fact that the platform is currently the only one gaming platform that could offer reliability and accountability to users, allowing them to further gain the public’s sympathy.
In addition, the platform’s compatibility with a wide range of games and gambling activities also become an added value for Truegame. This advantage could be further enhanced if the team manage to add more games to their list, which could expand Truegame’s coverage to even more marketing targets.
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