WINIOTA

Juni 16, 2018

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. The platform is based on a transparent, nearly instant, peer-to-peer Open Blockchain technology — Iota flash channels and the Iota tangle.

Unlike the vast majority of crypto casinos, WINiota uses the IOTA communication environment, not the blockchain. The advantage for WINiota community is of great importance: micro-rates and high-speed gameplay through Iota Flash Channels revolutionize the experience of online casinos.

WINIOTA want everyone to join the WINiota community of players. That's why they offer flexible micro transactions. The WINiota team consists of experts on online gambling with traceable work records in the top 5 online gambling companies; IT specialists and blockchain involved in Iota projects; and experienced entrepreneurs involved in marketing, finance and legal issues. To comply with the rules and regulations, WINiota will receive a license Gibraltar Gambling.

Contracts, transactions, and their records are among the defining structures in our economic, legal, and political systems :

They protect assets and set organizational boundaries
They establish and verify identities and chronicle events
They govern interactions among nations, organizations, communities, and individuals
They guide managerial and social action

And yet these critical tools and the bureaucracies formed to manage them have not kept up with the economy’s digital transformation. They’re like a rush-hour gridlock trapping a Formula 1 race car. In a digital world, the way we regulate and maintain administrative control has to change.

The distributed ledger technology (DLT) is solving this problem. Utilizing the decentralized tangle or blockchain technology and their inherent transparency is the way forward for true honesty and fair trade. The tangle allows the decentralized exchange of digital data between its peers featuring an incorruptible ledger recording all transactions. The process is fully transparent at all times, the transactions fully traceable, irreversible and incorruptible.

The network guarantees the validity and authenticity of each transaction and fraudulent activity is discarded promptly. There is no single point of failure as the control of the entire network or transactions isn’t down to a single central entity but rather by the entire network. ‘Fixing’, ‘hiding’, ‘manipulating’ or ‘profiteering’ are impossible within the tangle network. All transactions are fully traceable back to their origins at all times and all network peers have access to that incorruptible ledger.

Provably Fair is a tool that enables the player to verify each random result to make sure the casino is not malicious. All our games will be making use of this mechanism.

Each random result is calculated by the following variables:

Serverseed — provided by the gambling site
Clientseed — provided by the players browser. Can be adjusted by the player.

The user receives an encrypted hash of the server seed before he starts gambling. Since the player gets it in advance, the site cannot change it later. However it is encrypted, so the gambler cannot calculate the randomness in advance. The server seed is then added to the client seed following a specific algorithm. After the random event has taken place the player receives the unhashed seed that they can use, together with the client seed, to check the integrity of the random result.

WINiota will host a balanced and popular variety of casino games that attracts the mass audience :

Key Features :

First in the online Gambling industry : To use Iota Flash channel enabling nearly instant transactions.
No Hot Wallet : WINiota is building a community driven platform with a wide variety of provably fair casino games. These will be programmed to facilitate Iota Flash Channels, leading to super-fast transactions that won´t need a hot wallet. Winnings will be transferred directly into the players wallet.
Zero-fee payment solution : will open the WINiota players community to micro stake and high rollers alike.
Community Focused : The community will be rewarded in a provably fair weekly raffle in which 50% of the profits generated will be raffled off to WIT holders. Additionally, WINiota will strengthen the community by allowing to vote for proposed strategic changes such as shifts of aims and goals or fundamental structural changes.
Live Sports Betting powered by Artificial Intelligence (AI) : Our decentralized sports betting offer will include a fresh approach, offering an innovative arsenal of pre match and live sport bets based on IOT sensor data build into e.g. footballs, tennis rackets etc. WINiotas live betting model will facilitate Artificial Intelligence using the latest Deep Neural Network technology to further enhance the accuracy of odds offered.
White Labels : White label solutions for marketers will be offered to further monetize WINiota’s casino games and AI enhanced sports betting technology.

IOTA TANGLE

Iota started in 2012 and is the first distributed ledger architecture that has no transaction fees and is built for ecosystems such as the Internet of Things or Web 3.0. The Tangle retains some blockchain features as a distributed ledger with secure transactions, however it does not work with blocks or regular block times but rather the Tangle performs asynchronous settlement by utilizing a Directed Acyclic Graph (DAG). At its core, Iota uses a gossip protocol to propagate transactions through the network. This mechanism means that any data with sufficient weight can be dispersed to the opposite side of the cluster efficiently. These transactions can carry value or data and will be used to store a proof of fairness.

Iota tangle will be used to store data such as timestamps, bet amount, and the mechanism of randomness which may be reviewed by the player at any time. Compared to Ethereum the data transferred onto the tangle is completely free.

ICO Details

General information

Token: WIT

Platform: ERC-20

Standard: Ethereum

Quantity: 1,000,000,000 WIT

Price: 1 ETH = 22,000 WIT

Payment: IOTA, ETH, BCH, LTC, BTC, NEO, XRP and USD

Soft cap: 2,400 ETH

Hard cap: 24,000 ETH

PreICO

Count: 5,300 ETH

Start: 06/01/2018

Finish: 06/14/2018

Bonus: 15%

ICO

Quantity: Prior to Hard cap

Beginning: 01/07/2018

Completion: 01.08.2018

Bonus: 1 day - 6%, 2-4 day - 3%, 5-20 day - 2%

Roadmap
January 2016
The first idea of a casino slimming club.

April 2018
Launched mvp: winiota is the first in the world to develop a game in a casino that uses iota flash channel technology.

June 2018
The beginning of the preliminary ico.

July 2018
Start ico.

August 2018
Development of further games in the casino. Comprehensive development of the sports betting platform and the deep study model. Listing exchange. We will contact the leading crypto-exchangers to get a list of wit. After the end of ico, the digital currency will be available for public auction.

November 2018
Launch of the following casino games, such as blackjack, roulette, video poker, etc. The launch of the sportsbetting section in the existing gaming platform.

March 2019
Full offer of games online.

May 2019
Integration of the artificial intelligence model in the sports betting section of winiotas.

Team

Shane O'Neil

Co Founder, General Manager Senior bookmaker with extensive knowledge in all sports, as well as in the casino. 10-year experience in leading gaming companies in Gibraltar. Controls several mergers in the industry.

Friedrich Endlicher

Co is a founder, developer of CTO Core, game programming, a Full Stack programmer with 8 years of experience in leading teams for developing websites and mobile devices. Developer of the UCL Trinity wallet.

Bastian Fritsche

Co, founder of CFO CRM Manager at bwin. Auditor officer and hotel director, including Alltours / Thomas Cook for more than 10 years.

Pontus Persson

User Experience Lead Lead UX designer with more than 10 years of experience in creating digital products for the industry's leading brands. He worked on the HUGE, perhaps leading UX designer on the multi-award-winning (Cannes, Clios, Campaign, etc.) Appendix Adidas Glitch.

Karen Mareš

Head of the game design for leading gaming and television companies working both online and print media for companies such as NetEnt, Odobo, Playtech and Ladbrokes Coral, as well as Discovery Channel, National Geographic, BBC and Sky.

Anton Natarov

Full Stack Developer Game programming, a robotics engineer with more than 10 years of experience. Co-founder of goodgame.ru.

Scott Malsbury

Head of Communications Senior Quality and business management, previous experience with multibillion projects around the world. Head of Communications in Etlande.

Shalini Wood

PR and public relations manager More than 10 years of experience. He worked in the forecast markets of Delphy, Honeywell, Sheraton Hotels, Grand Hyatt Hotels.

Ulf Karlsson

Head of Affiliate Marketing Specializes in content marketing, SEO, social networking. More than 10 years of experience in games. I worked for GTech, Workation.

Patrick Soh

Relations with investors and the community manager Huge experience in managing communities and strategies ICO. Previously worked for EverMarkets, VeriME and IATokens.

Shabir Yunos Investor

Relations and Community Manager Previously worked for Delta Airlines and Yamaha. An experienced analyst and community manager. Previous experience includes the following Exchange, VeriME and EverMarkets.

Advisors