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WINiota is announcing the launch of WIT token, the first decentralized on-tangle provably fair casino & AI enhanced sports betting platform. The platform is based on a transparent, nearly instant, peer-to-peer Open Blockchain technology – Iota flash channels and the Iota tangle.Online gambling industry is one of the fastest growing industries in the world, the industry boosted of 47.11 billion USD, volume in 2018 and is forecasted to grow to 59.79 billion USD in 2020. However, the online gambling industry comprises of many issues that somewhat originate from lack of trust. WINiota aims to bring back transparency and value to the gaming community.
Bastian Fritsche, Co-Founder of WINiota, said: “The introduction of WINiota will solve the biggest problems facing online gambling industry today: trust, speed and cost. Integrating blockchain technology in particular- Iota flash channels and the Iota tangle, can provide the much-needed speed, transparency and fairness to the online gambling space.”
WINiota is building a community driven platform with a wide variety of provably fair casino games. The platform enables nearly instant transactions that won’t need a hot wallet and winnings are transferred directly into the players wallet. Additionally, the zero-fee payment solution will open the WINiota players community to micro stake and high rollers alike. Mr. Fritsche further added: “We are building a community driven platform and will reward our community in a provably fair weekly raffle in which 50% of the profits generated will be raffled to WIT token holders.”
WINiota's decentralised sports betting brings to the industry an innovative arsenal of pre-match and live sports bets based on IOT sensor data built into sports equipment such as rackets, footballs etc. WINiota’s live betting model will facilitate Artificial Intelligence (AI) using the latest Deep Neural Network technology to further enhance the accuracy of betting odds.
WINIOTA Coin’s ICO presale will begin on the 1st of June, 2018 and will end on June 14th. The public sale is expected to begin 1st of July and will continue until 1st of August 2018. The ICO will end early if the hard cap is reached prior to the end of the public sale. Key information on the token sale, including white paper, token structure and use of proceeds, is available on the ICO website: https://www.winiota.com/
About WINIOTA
WINiota is developing a community driven, On-tangle provably Fair Casino & Artificial Intelligence enhanced Sports betting platform. We aim to be global leader in the innovative decentralised gaming and betting industry, by focusing on transparency and provably fair technology. For more information, please visit https://www.winiota.com/
Contact Info:
Name: WINiota
Email: Send Email
Organization: WINiota
Website: https://www.winiota.com/
Release ID: 344234
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