Blog Lasmi19: BOUNCYCOIN = Is a Blockchain based software that allows players to win money in games where they create and control opportunities.

What is BouncyCoin?

GAME + CONSENSUS THEORY + BLOCKCHAIN + ODDS MADE BY USERS = GOOD COINS

$ 80 BILLION OPPORTUNITIES

Lotteries Sponsored The US State monopolizes what is essentially regressive tax on financially vulnerable segments of society.

SOLUSI BOUNCYCOIN

BouncyCoin makes social games that run on universal blockchain that allows safe gambling behavior in a controlled environment.

PLATFORM PLAYED

Games will be available via the Web, Mobile devices and AR / VR headsets. In addition, BouncyCoin will give Casino software licenses to be included in their game offerings.

Shake Coins

Reengineered game

Bruce Macdonald Łukasz Gąsior Todor Stoyanov

Abstract

In 2014 Americans spent 70 billion dollars playing Lottery Games in 44 of 50 states, playing games that happened to be rigged with a very low probability of victory. Today, in California to play Super Lotto Plus, a player selects five numbers 1-47 and one additional number from 1 to 27. The chance to choose all 6 numbers correctly and win the grand jackpot is 1 at 41,416,353, which is equivalent to guessing one number from 41,416,353 possibilities.

Most people involved in this game do it out of desperation, community conditioning and misinformation about opportunities. The lottery, however, understands the chances of winning and losing.

There is a dark side on Lotteries. Lotteries represent regressive taxes on people with disabilities and financially disadvantaged groups that are the most aggressive ticket buyers. A Duke University study in the late 1980s found that 1/3 of the poorest households purchased more than 1/2 of all weekly lottery tickets sold

Gambling addiction is a public health problem. It is estimated that around 5% of all adults have

symptoms of gambling problems2 . Neural states that are measured in the problem of gamblers have been compared to the state of nerves called in cocaine dependence. In particular, problem gamblers experience problems with impulsivity in making healthy gambling decisions. Lottery gambling has been proven to have a purchasing pattern that is consistent with addiction3 . In fact, research

has shown that up to 15% of lottery players have symptoms of gambling problems

What is needed for the good of people everywhere is social 'involvement' that gives all participants the ability to create and manage the risks and conditions they control if they choose to engage in behaviors such as gambling.

Bouncy Coin will stop pushing cash for State-run Lotteries by offering social networking engagements where participants can win small amounts of cryptocurrency and / or prizes and where they create and control their engagement opportunities .

Business Motivation

Bad for society

A number of studies have shown that Lotteries Sponsored by the State hinder the financial health of poor people which is bad for the health of the community as a whole. Lottery demographics are leaning towards minorities, those who are less educated and those who are poor - those who are least able to pay for lottery tickets. Lotteries have achieved a variety of success with the main targets and targets being harmed. But this form of gambling that is endorsed is not only regulated by the state, it is a sponsored country.

Business opportunities

We see US State Sponsored Lotteries as a business opportunity for game recognition opportunities that empower players by allowing them to set the parameters of their involvement and on the terms they make and control.

Our offer

Putting players in control.

We propose to create several client-side interactive interactions with social networks in lieu of casino-style money bets, which empower users to make smart and conservative money decisions.

Bouncy Coin will change buying behavior that is not aligned with buying Lottery Tickets by introducing socially aware fun engagement that equates monetary success to winning a small number of extended prizes over a period of time and where users create and manage their own risks.

Business Landscape

Competitive Analysis

There are three competitor classes for Bouncy Coin.

1. State Lottery.

State lotteries are a monopoly that benefits from physical points of presence and convenient accessibility that is difficult to compete even for online gambling companies. The State Lottery utilizes the existence of roads in the market and liquor stores use colorful striking signs that make it difficult for normal consumers to be ignored. It is no coincidence that Lottery Tickets are usually sold in the same location as other addictive products, alcohol and tobacco. Because many countries monetize this business they have no incentive to offer clients the ability to create and manage their own opportunities in this regard .

2. Casinos Owned by Casinos

Casinos owned by Tribes fall into the same category as ordinary card house casinos but operate on Tribal land. Native American games consist of casinos, party rooms and other gambling operations in India reservations or other tribal lands in the United States. Because these areas have tribal sovereignty, the state has a limited ability to ban gambling there, as codified by the Indian Game Rules Act 1988. In 2011, there were 460 gambling operations run by 240 tribes, with total annual revenues of $ .27 billion.

To play these Tribal games you must be physically on the Tribal land; Tribal casinos do not operate internet-based bets.

3. Online Online gambling company.

Bouncy Coin online competition comes from more than 1,000 game companies that enjoy 24 x 7 online attendance. Some blockchain style lottery games have emerged recently that have implemented Statestyle Lotto games on blockchain architecture. Specifically, blockchain is used to expose (in source code) Random Number Generation (RNG) algorithms. RNG is used by online casinos in dice rolls, shuffles cards, rotating roulette and basically every gambling process that requires mathematically limited but uncertain results that are not known beforehand. This online casino offers all traditional casino games in the browser and / or on mobile devices.

The application that needs to be noted is 'Etheroll' https://www.etheroll.com/ , which has taken the 100-sided physical dice and applied the roll in the software on the Ethereum blockchain. This has several aspects that are similar to us

offerings. But Etheroll doesn't have a 'queue size'. With Etheroll, users play 1 on 1 against casinos and don't interact with other players. Our offer requires that the person aggregate into the same size group with the same maximum desired gift, which we call 'queue'.

This aggregation into the same group size can also create other evolving behavioral strategies and promote collaboration and real-time discussion.

In short, the blockchain prohibits casino cheating that now forces several casinos to offer 0% housefavored opportunities What blockchain has effectively done is forcing casinos to get rid of its aspects of controlled games provides little advantage in opportunities. But the basics of the game haven't changed.

Bouncy Coin's goal is to reengineer all casino games. Our MVP is a server-side reengineered (Blockchain) lottery game linked to a Roulette table that is reengineered client-side. Our MVP is based on Alex Villaseñor's work from www.casinodesign.mx

Business Channels

Bouncy Coin will operate in three different business channels as outlined here but will focus on building the business on channel # 1 right after the ICO.

1. User-controlled gambling application. This mode will work in any country that allows gambling. Bouncy Coin is US Delaware LLC and does not have a license to operate as business gambling in any jurisdiction. Because of this Bouncy Coin will give the first (most likely no cost) license the software application (based on our current MVP) for Casino operators who are legitimate to be included in their bidding software and will not present the content back directly to consumers who are dealing with public.

Bouncy Coin will make two components for the Casino:

(A) A public / partner encountered Ethereum API.

(B) Casinos host and browser-based off-blockchain launches and mobile-based applications.

2. Contest. Formally, the contest 'Zero Consideration'. Any Bouncy Coin application served by Coin Bouncy Servers in the United States will not require an entry fee to get involved. This is very important because of the formal definition of gambling, namely: The definition of "gambling," unless modified by law, consists of any activity with three elements: consideration, opportunity, and prizes. If there are one or more of these elements missing, the activity is not gambling7. The Bouncy Coin application is hosted directly by

Bouncy Coin will be free and thus will have 'zero consideration'. Two other alternatives are having an entrance fee but no prizes and one without entrance fees and no prizes.

3. Financial Services through Financial Service Providers. This function will be applied in the future. We are currently focusing our efforts on the first channel opportunity for 2018-19

Business Model for Channel # 1

- Main Model

We plan to provide our first application based on our current MVP to legalize casinos and online gaming companies. Bouncy Coin will hold one percent of BOUNCY tokens generated from the ICO.

This is a one-time event that will monetize Bouncy Coin in the short term.

Our next application can be licensed for fees to the Casino based on our anticipated performance.

Figure 1 - Channel # 1 Network Diagram

Most users will download mobile games that will be installed on their phones or tablets. Users can also use the browser. Content is served again from the Casino Server that communicates with the Ethereum Blockchain.
Bouncy Coin will run data analytics in blockchain and present reports and data through the web browser to users and businesses.

Legal Aspects of Bouncy Coins

Bouncy Coin is a registered LLC and not a Casino or licensed to operate in any country like that. Koin Goyang LLC is a software developer that provides software licenses to other parties, some of which are legitimate gambling businesses.

Bouncy Coin has a legal license to use and distribute the software described in this document both through the Web for

use multiplayer or download and play on mobile devices for personal use.

Bouncy Coin has a patent application pending with the US Patent and Trademark Office for aspects of the software described in this document.

Product Details - Features and Benefits

Technology Stacks

block Chain

Why Blockchain?
We use blockchain for universal trust and transparency.

We will initially write the Solidity contract to execute our Random Number Generation and related logic. This source code will be published on GitHub for public inspection and will allow any party to check and conclude that our random number logic is 100% fair. Also, because our contracts are on blockchain other developers will be able to call these same contracts in their offer with correct access control. We plan to write contracts for networks other than Ethereum.

Random Number Generation

Our RNG algorithm does not use external Oracles. We are currently testing Commit-express and the RANDAO Approach will be published for review.

Off-chain components

The client-side game modules are completely segregated from the blockchain and communicate with the blockchain via the bridge API we have set. Our MVP is written in Unity 3D which speaks to a person

Javascript API which then speaks to our Solidity Contract on the Ethereum blockchain.

Open Source Considerations

Bouncy Coin filed a US Patent Utility in 2017 for the MVP aspect referred to here.

Because of this, Bouncy Coin will only expose our Solidity source code that does not apply to us pending patents. We do this because if we are granted patents from the USPTO, we can maintain them, but only if we have not opened up the source of our application for this patent. Bouncy Coin will open the source of all the software that we make is not directly related to the patent that we hold or plan to submit.

Large Data Analysis / Machine Learning (AI)

Rocking coins will mine the Ethereum Blockchain Contract made and the transactions of users involved in the Bouncy Coin game. This will enable us to make predictive models to better serve our clients the ability to maximize their income. We will recruit AI experts right after the ICO writes programs to help players in real-time to make better investment decisions.

Product Roadmap

Developer Ecosystem

Bouncy Coin will hold a contest after the ICO to allow developers for writers and / or participate in writing substitutes for casino games and / or to create truly new games that allow users to create and control their entropy involvement. Winners will be given BOUNCY and / or ETH tokens. We have allocated this gift to developers in our ICO contracts.

Token Sales

Token Economics:

To quote William Mougayar, tokens are:

"A unit of value created by the organization to manage its own business models, and empowers its users to interact with its products, while facilitating the distribution and distribution of rewards and benefits for all its stakeholders. "

BOUNCY Tokens will function as utility entry fees into Bouncy Coin games and as dividend end points for these same token holders. For now we will also allow users to play games with ETH.

In Casino partner scenarios, Casinos make money when players lose and when players win. When a player wins the game, there is little cost incurred from winning. This fee is distributed to all BOUNCY holder tokens . Tokens pay dividends every time * each * player wins even though this dividend is not paid immediately.

Every time a fee is collected, it will be collected and distributed periodically by our smart contract. This distribution frequency will be configurable.

Figure 3 - Token Economics for Channel # 1

ICO Breakdown

A total of 100 million BOUNCY tokens will be issued.

10% (10 M BOUNCY) - Pre-sale of ICO
70% (70 M BOUNCY) - ICO Sales
5% (5 M BOUNCY) - Advisor
5% (5 M BOUNCY) - Program Bounty
10% (10 M BOUNCY) - Coin Companies and Bouncy Employees

For ICO

A 10M Token will be offered at Pre-ICO.
Minimum contribution during Pre-ICO: 5 ETH (Approx. 2500 EUR / 2900 USD)
Price before ICO = 0,0001 (1 ETH = 10000 BOUNCY)
maximum amount collected: 1000 ETH (Approx. $ 580k)

ICO
The 70M Token will be offered at the ICO.
Minimum contribution during ICO: 0.1 ETH (Approximately 50 EUR / 58 USD)

Two price levels:
The first 20 M token sold:
harga = 0,0002 (1 ETH = 5000 BOUNCY)
Maximum amount collected: 4000 ETH (Approx. $ 2.3M)

The next 50M token is sold:
harga = 0,00025 (1 ETH = 4000 BOUNCY)
maximum amount collected: 12500 ETH (around $ 7.25M)

Tokens that are not sold during the ICO will be burned.

Token Distribution and Fund Usage

DEVELOPMENT TEAM

Large Data, Blockchain, 3D Modeling

PARTNER

BouncyCoin has collaborated with PlayMex Studios for brands and created new skins from the BouncyCoin game for the Mexican market. PlayMex Studios and BouncyCoin also collaborate to create new games

This is the first demo video of the BouncyCoin platform in action. More coming soon!