The GIF in GIFcoin stands for Gambling Investment Fund. This fund is backed by an already functioning betting website – VitalBet.com , The Gif aim is not to convince you that The GIF are crafting something genius, like many ICOs declare. In fact, unlike the majority of other ICO campaigns, The GIF already have a real working project. The idea of GIFcoin Initial Coin Offering (ICO) is to raise capital, which we'll use to upgrade VitalBet's gambling platform, as well as popularize and promote the VitalBet Brand on the most promising betting markets (countries). After The Gif have completed all these steps, The Gif expect a large increase in VitalBet's clients. As a result, The Gif will share 80% of VitalBet's net profits with GIFcoin token holders on a yearly basis. As simple as that.
VITALBET - Betting Site Overview
The Gif believe that life should be a fun and exciting experience, and The Gif love sports. For this reason, The GIF team puts substantial efforts into crafting a truly unique online betting experience.The GIF core product is the very pleasure of online gambling at any time and in any place in the world. Briefly, The Gif produce modern IT solutions to allow people to bet online on sports events and on their favorite gambling games. The GIF aim is to turn betting into a simple, safe, and accessible activity for every user.
VitalBet is a fully-operational, online betting website. Following significant efforts, invested in marketing research, programming, and technology research, The Gif launched www.VitalBet.com in mid-2015, covering all major sports for online betting, as well as casino, eSports, and virtual sports.
Benefits
ONLY a few out of the TOP 100 bookmakers provide this option at the moment. Additionally, thanks to the funding through the ICO, The Gif will add all major cryptocurrencies as betting options and payment methods, which will make us really stand out in the online betting industry.In addition, besides digital currency payments and betting options, you will also get extras, such as:
- Sports Events Wagers
- IN-Play Bets
- Casino
- Live Casino
- eSports
- Virtual sports
- Livestreaming (coming soon)
Usage
The Gif covered all popular fiat payment methods in the industry (Debit/Credit Cards – VISA and MasterCard – and E-wallets – Skrill, Sofort, Paysafecard, etc.), and The Gif also added the most popular cryptocurrency – Bitcoin.
The GIF plan is to attract more bettors by allowing them to use major
cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), Ripple
(XRP), Dash (DASH), and more.
By doing so, The Gif will not only broaden The GIF client reach but also
contribute to developing cryptocurrencies as an instrument for
payments and betting. As expected, this new feature will use
Blockchain technology to guarantee maximum security for every
user, and make the gambling experience even more exciting.
Security
Customer security - both in regard to money and private information - is a TOP priority for us. To prove that, The Gif are proud to share with you VitalBet's achievements:- Since the platform was launched, The Gif have not experienced any serious failures.
- The Gif regularly undergo security audits.
- Not a single dollar has been lost by The GIF users due to hacker attacks.
- VitalBet provides honest bets without any hidden restrictions.
Competition
The Gif acknowledge the extremely high level of competition in online gambling, as well as the presence of many powerful, multinational bookmakers. Currently, VitalBet is in the TOP 100 bookies (71st place), according to Alexa betting sites traffic ranking. However, The GIF believe that thanks to capital raised from the ICO, The GIF will be able to enter the TOP 15 bookmakers in the world by 2020.Distribution & Usage
A total of 300.000.000 GIF tokens will be generated, including 20.000.000 to conduct a Pre-ICO +15% Bonus (3.000.000), and 240.000.000 to conduct an ICO. Another 27.000.000 will be shared between the founders of the GIF token, while the remaining 10.000.000 will be generated for advisory, bounty, and PR pools. The unsold GIF that will be created for sale during the pre-ICO and ICO will be destroyed. GIF tokens are not mined by users or any other companies.- 80% - ICO - 240,000,000 GIF
- 9% - Founders - 27,000,000 GIF
- 8% - Pre-ICO - 23,000,000 GIF
- 3% - Bounty & Advisor 10,000,000 GIF
After a successful ICO campaign and reaching the hard cap (24,000 ETH ~ $24,000,000), $1,000,000 will be used to update The GIF platform and create a mobile application for best user experience. $4,000,000 will be used for a marketing campaign. $12,000,000 will be used for an aggressive advertising campaign. $5,000,000 will be added to the existing bank - operational money for wins and loses. And $2,000,000 will serve as legal agreements in different countries.
- 50 % - Advertising
- 20,8 % - Bank
- 16,7 % - Marketing
- 8,3 % - Legal
- 4,2 % - Management
Token Details
- PRE SALE - FEBRUARY 22, 2018
- ICO SALE - MARCH 16, 2018
- NAME : GIFCOIN
- SYMBOL : GIF
- COIN PRICE : 1 ETH : 10,000 GIF
- SUPORT : ERC20
- TOTAL SUPPLY : 300,000,000
More Info
Ann Thread : http://bitcointalk.org/index.php?topic=2785607.0Website : https://www.gifcoin.io/
Whitepaper : https://www.gifcoin.io/GifCoin-WhitePaper.pdf
Facebook : https://www.facebook.com/gifcoin.io
Twitter : https://twitter.com/gifcoin_io
Telegram : https://t.me/gifcoin
Author : mriansa
https://bitcointalk.org/index.php?action=profile;u=886049
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