Top Banner
The Eggstraordinary WHITEPAPER of GooseBet.io Gaming Platform
16

The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

Aug 21, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

The Eggstraordinary

WHITEPAPERof GooseBet.io Gaming Platform

Page 2: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

What isGooseBet?Welcome to GooseBet.io, the gaming platform that provides unparalleled

entertainment and profit opportunities. GooseBet innovates on the concept of

a casino that pays dividends to the players and brings that experience across

chains to more of the major cryptocurrency communities. The platform is filled

with reward systems to give players many ways to win and earn over time.

GooseBet offers an ever-growing

catalog of high-quality games for

players to enjoy. The team will

continually develop provably fair in-

house games as well as partner with

top-tier game providers to bring in a

wide variety of options.

Whether you are looking for a gaming

experience that provides the best

variety of games and loyalty rewards

or are looking to invest in the future of

gaming for a large return, GooseBet.io

has you covered.

Page 3: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

GooseBet Token (GBT)GBT is a TRC-20 token based on the Tron blockchain. Using Tron allows for

fast and essentially free transactions. Players earn GBT by playing games on

GooseBet.io, which is also known as “mining” tokens. These tokens are the basis

for the platform’s revenue sharing system through dividend distribution.

GBT will not be initially withdrawable at launch in order to keep trading from

hurting initial mining incentives. Unlike other platforms which hold tokens

hostage for an unknown length of time, withdrawals will open and GBT token

will be listed on an exchange three months after launch, or after 20% of the

total supply is mined (40 Million GBT). We want to give you peace of mind,

knowing exactly when your mined tokens will be available to trade.

The Total supply is 200,000,000 GBT

Players....................................... 50%

Team...........................................20%

Player Bonus Mechanics..........15%

Marketing...................................10%

Hourly Race..................................5%

Page 4: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

Mining GBTPlayers mine GBT tokens by playing games, with the amount depending on

the size of the bet. It does not matter if the bet was won or lost, either way the

player earns GBT.

On the first day, players will earn 1 GBT token for every 800 TRX wagered (or the

equivalent amount in another currency). Every day the mining rate increases by

5 TRX, meaning on the second day a player needs to wager 805 TRX to earn 1

GBT. Tokens are distributed after every bet, regardless of size, so even if the bet

is less than 800 trx, the player would still earn a fraction of a GBT token.

Specific games may have adjusted rates, which could make them earn more or

less for a given bet, based on their house edge. If this applies, the game will be

labeled with that information. Adjusted rates still scale up as the overall mining

difficulty increases.

Players keep the full amount of GBT that they mine, but to create the token

distribution outlined in the GBT token section, an additional amount of GBT is

mined with each bet. For every 1 GBT earned by a player, 0.4 GBT is mined for

the team, 0.2 is mined for marketing, 0.3 is mined for player bonuses, and 0.1 is

mined for the Hourly Race.

Page 5: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

Dividends on GooseBetDividends are GooseBet’s way of giving its profits back to its players. The

dividend pool includes all of the profits the casino has made but has not yet

distributed to the community. When players lose, this pool increases and when

they win it decreases. Due to the house edge of the casino games, the value of

the pool will always increase.

In order to receive dividends, players only need to have GBT tokens deposited

on GooseBet.io, where tokens will be eligible as soon as they are mined. There

is no need to add the extra complication of “freezing” tokens as other projects

have, this way it is as easy as

possible for players to earn.

The dividends are distributed

proportionally to the amount

a user has deposited, so if

a player has 1% of all GBT

deposited on the platform they

would earn 1% of that day’s

distributed dividend.

Page 6: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

GooseBet brings the next innovation in dividend distribution. While other

projects have paid out too little of their pool to be attractive or so much that

they required later cuts to survive, GooseBet’s dividend pool pays out an

adjustable percent over time. On the first day, 15% of the value of the pool will

be distributed as a dividend to GBT holders. Every day the percent paid out

decreases by 0.2%, meaning 14.8% of the pool would be paid out the second

day and 14.6% on the third. The payouts flatten out at 3%, two months after

launch. This payout model is carefully balanced to be attractive to early players,

giving the site popularity, while also scaling down over time for long run success.

Setting out this model in advance allows for players to plan out their earnings

and not need to worry about sudden changes in payout rate.

Dividend Innovation

Dividend Payout Structure

Page 7: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

Currency OptionsGooseBet aims to be the premier gambling and earning site not just for a single

blockchain, but across many different ones. That is why the platform will launch

with the ability for users to play with TRX, BTC, ETH, and USDT. This means that

all four of those currencies will be earned as dividends for GBT holders.

In order to easily switch to whichever currency a user desires to play with,

GooseBet is integrating Changelly as a currency exchange. Changelly allows for

swaps between FIAT and a wide variety of cryptocurrencies and is integrated

into the account system to simplify the experience of topping up an account.

Page 8: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

GooseRank RewardsOne of the ways that GooseBet rewards players is through large crypto rewards

for reaching a new rank. Each rank has a requirement of some amount of a

currency wagered and a corresponding prize. The higher the rank, the higher

the prize. Players can level up separately for each currency, meaning they can

earn all the prizes for each one.

Page 9: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

TOTAL REWARD

5,000,000 TRXTO

TAL

REW

ARD

500

ETH

Page 10: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

TOTAL REWARD

10 BTCTO

TAL

REW

ARD

100,

000

USDT

Page 11: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

GooseBet FairnessEnsuring a fair gambling experience is important, which is why GooseBet uses

RNG-certified game providers and provably-fair technology for its in-house

games, marked by a badge on the game.

The provably fair system is based on a hash chain. Any given hash in the chain

could be used to determine the next hash in the chain, but it is not possible

to use it to find what the previous hash was. A public seed value is hashed a

certain number of times (100 times for example) for a given chain. The player

is given the 100th hash in that chain before the bet takes place. Then the 99th

hash is used to calculate the dice result in a deterministic way and the 99th hash

is made public. The player can then verify that when hashed, the 99th hash

generates a value that matches the 100th hash they received before the bet to

make sure nothing was manipulated during the number generation process.

Page 12: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

Hourly RaceThe hourly race is an hourly competition where players win prizes based on how

much they wagered during that period. All games and currencies count towards

the volume measurement.

The hourly race is funded through two means. The first comes from the

GooseBet platform itself, with 5% of the casino’s profits going to the top 10

players based on the volume in that hour period. The second funding is from

the players, as a small amount of every bet goes into the hourly race. Together

GooseBet is able to ensure the hourly race remains competitive and worthwhile

for all players, big and small.

Page 13: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

Referral ProgramReferring players to GooseBet gives the referrer 0.2% of all future bets from

the referred players. The platform covers this cost, so referred players are not

negatively affected. The referral program allows for passive income for as long

as those referred players use GooseBet.

Page 14: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

GooseBet AccountPlayers can access their GooseBet account from any device with email and

password authentication. Once logged in, each currency a user wants to deposit

has a specific deposit address so that the user can deposit funds from the wallet

or centralized exchange of their choosing.

Page 15: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

The Future Of GooseBet

Q3 2020• GooseBet.io launches• Adding Plinko• Adding Hi-Lo• Variety of slots games• Additional slots provider• Adding Roulette

Q4 2020

• Adding Live Dealer games• Sports Betting• New in-house game• Texas Holdem• New games provider• Top exchange listing for GBT• Jackpots• Deposit bonuses• Gambling license

2021+• Achievements• Additional ways to earn• New promotions• New top tier coins added for

gaming and dividends• New multiplayer game• Several new games providers

Page 16: The Eggstraordinary WHITEPAPER · Welcome to GooseBet.io, the gaming platform that provides unparalleled entertainment and profit opportunities. GooseBet innovates on the concept

GooseBet CommunityAt GooseBet we welcome a strong, fun and happy community. Our team are

located throughout the world, so you can guarantee someone will always be

there to answer any questions or solve any problems you might encounter.

WebsiteURL: https://goosebet.io/

News Blog: https://news.goosebet.io/

ChatsTelegram: https://t.me/GooseBetio

Discord: https://discord.gg/AWXHP9K

Social MediaTwitter: https://twitter.com/Goosebet_io

Facebook: https://www.facebook.com/GooseBet-107615600927700/

Instagram: https://www.instagram.com/goosebet.io/