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Introduction
TruePlay is a B2B platform that provides software solutions for the online gambling industry. The company has launched an Initial Coin Offering (ICO) to raise funds for its blockchain-based project, which aims to create a decentralized and transparent network for online gaming.
In this review, we will delve into the details of TruePlay's ICO, its team, advisors, and roadmap. We will also analyze the potential benefits and risks associated with investing in TruePlay tokens (TPT).
Team
TruePlay's team consists of experienced professionals in the fields of technology, finance, and gaming. The team includes:
- Oleksiy Mageramov, CEO
- Stanislav Makarchuk, CTO
- Dmitriy Shvets, CIO
- Oleksii Ragozin, COO
- Rodion Besedin, Blockchain Architect
- Nikita Rogoviy, Head of Programming
- Sapar Karyagdyyev, Managing Director of Gamingtec (Advisor)
The team has a strong track record in developing successful online gaming platforms and has experience in blockchain development.
Advisors
TruePlay's advisory board consists of experts in the fields of internet gambling, tech/media startups, marketing, and cryptocurrency. The advisors include:
- David Kicks, Expert on Internet Gambling and Tech/Media Startups
- Ilia Strah, Marketing Expert
- Alex Momot, Founder & CEO – REMME (Advisor)
- Denis Dmitrenko, GR Crypto Team (Fundraising Advisor)
- Max Filippov, GR Crypto Team (Fundraising Advisor)
- Julia Volyanska, GR Crypto Team (Fundraising Advisor)
The advisory board provides valuable insights and expertise to help TruePlay achieve its goals.
Roadmap
TruePlay's roadmap is ambitious and divided into four quarters. The company aims to:
- Q1 2019: Release the beta version of its blockchain platform
- Q2-3 2019: Integrate games from third-party providers and launch a sportsbook platform
- Q4 2019: Launch a commercial Trueplay APK and integrate lotteries, bingo, and scratch lottery games
The company's roadmap is well-planned and has achievable milestones.
Tokenomics
TruePlay tokens (TPT) are used to facilitate transactions on the platform. The total supply of TPT is capped at 100 million, with 50% allocated for the ICO, 20% reserved for team and advisors, and 30% held in reserve for future development and expansion.
The token sale has a soft cap of $5 million and a hard cap of $15 million. The ICO price is set at $0.10 per TPT, with a bonus structure to encourage early investments.
Benefits
TruePlay's blockchain-based platform offers several benefits, including:
- Decentralized and transparent transactions
- Increased player protection through smart contracts
- Reduced transaction fees compared to traditional payment processors
- Improved security through the use of blockchain technology
The company's focus on providing a secure, transparent, and decentralized gaming experience has the potential to attract a large user base.
Risks
As with any investment opportunity, there are risks associated with investing in TruePlay tokens. These include:
- Regulatory risks: The online gambling industry is heavily regulated, and changes in regulations could impact the company's ability to operate.
- Competition risks: The online gaming market is highly competitive, and TruePlay faces competition from established players.
- Technical risks: Blockchain technology is still evolving, and there are risks associated with developing and maintaining a blockchain-based platform.
###TruePlay's ICO offers an exciting opportunity for investors to participate in the development of a decentralized and transparent online gaming platform. The company has a strong team and advisory board, as well as a solid roadmap and tokenomics strategy. While there are risks associated with investing in TruePlay tokens, the potential benefits of participating in this innovative project make it worth considering.
Rating: 4.5/5
Recommendation: For investors who are interested in blockchain-based projects and the online gaming industry, TruePlay's ICO is a promising opportunity to consider. However, it is essential to conduct thorough research and consult with financial advisors before making any investment decisions.
Note: This article is based on publicly available information about TruePlay's ICO and should not be considered as an investment advice.