WHITEPAPER - cas.casino · The rakeback is a big spot of retention and acquisition in gambling...

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WHITEPAPER DOCUMENT VERSION 2.0 MAY 2019

Transcript of WHITEPAPER - cas.casino · The rakeback is a big spot of retention and acquisition in gambling...

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CAS COIN WHITEPAPER | DOCUMENT VERSION 2.0

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WHITEPAPERDOCUMENT VERSION 2.0

MAY 2019

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ABSTRACT........................................................................................................ 3

INTRODUCTION...............................................................................................4

Vision, Market problems and CAS Coin solutions.......................................5

CAS Coin TOKEN..............................................................................................7

ECOSYSTEM......................................................................................................8

CAS CARD........................................................................................................10

CASINO AREA..................................................................................................11

PARTNERSHIP.................................................................................................12

ADVISOR..........................................................................................................13

TEAM................................................................................................................13

Disclaimer........................................................................................................14

CONTENTS

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Coin is a digital currency designed specifically for legal igaming industries. Using the most recent blockchain technology CAS Coin can easily support over 1000 peer-to-peer tranfers per second.

Thinked for players and igaming operators the token allows resposible gaming options and player experience never seen before in the gaming industries.

Players and Users will be supported by a storage procedure and instant-safe valure transfer. All of this will be offer for a minimum actual time and costs.

Operators that will integrate CAS Coin in their gaming platform will have access to a simplified onboarding process for users, a new incoming flow and reduced fees asso-ciated with cross-border transactions.

The nature of blockchain technology means that regulators will benefit of the most sa-fier and transparent financial system.

This document contains the Company Vision of Gambling Market and it’s problems, our Token Mission to solve, or at least to improve this market.

This document will illustrate also the technical details of the Token such as:Total Supply, Name, Symbol, Decimals and Token Address.

Since our team had long time skills in gambling market we decided to fix some of the aspects that really matters to players.

ABSTRACT

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From the Ancient Greeks and Romans to Napoleon’s France and Elizabethan England, much of history is filled with stories of entertainment based on games of chance.

Since the first Casino were opened, the Ridotto established in Venice, Italy 1638 people loved to spend time and money drinking talking and gambling.

The casino industry generates high revenues, global land-based casinos had a gross win of around 450 billion U.S. dollars from gamblers in 2016. Social casino gamers are also on the rise – the internet casino market was forecasted to grow to 3.4 billion U.S. dollars in 2015, from 2.2 billion just two years earlier.

Cryptocurrencies and Blockchain technology are changing the way people read today’s economy, banking and finance industries as well. We are moving to an economy of uti-lities leaving back fiat money. Innovation technology is running very fast and billions of new professional figures are growing to fix old problems.

INTRODUCTION

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$700 billions has been surpassed in global crypto market in January 2018 and more than 6MLN people uses a crypto wallet.

Online Gambling is growing too and is quickly moving to crypto, for example poker players are quickly filling the crypto industry, capitalizing on the skillset they perfected by playing cards.The rakeback is a big spot of retention and acquisition in gambling Market.

In order to understand what rakeback is, you would need to understand how poker ro-oms earn their revenue or earn their funds in online poker.Whether it is a tournament or a cash game, the poker rooms would take some part of the buy-in fees.For the most part, the poker rooms would take 5% of the revenue from each pot in cash games. This fee is referred to as the “rake” and a majority of players do not even notice the process.

As a matter of fact, poker rooms make large sums of money from these percentages, which turn out to be a great revenue stream in the long run. Besides revenue, popular online poker sites make millions of dollars as “profit” from the tables itself. Its very dif-ferent from the revenue model of casinos online which earn money not from rake but from when the player loses against the house.

“Rakeback” is a fairly newer con-cept in the world of online poker and was introduced a few years ago. Off lately, rakeback has now turned into an exciting promotio-nal scheme for the affiliates refer-ring and recruiting players to poker rooms.As soon as you sign up for rakeback on a poker site, you would receive a percentage of the rake generated by the poker room. Hence the pro-cess is called a “rakeback” process.

Vision, Market problems and CAS Coin solutions

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CAS Coin Vision is to match gabling and crypto market by solving these major pro-blems :

Lack of freedomThe rakeback is usually paid from a single website as a bonus so players cannot with-draw directly or move it to another casino. Using CAS Coin players will be able to receive their rakeback in CAS and they will decide what to do with: Exchange it for fiat or other cryptocurrencies, receive bonus on different websites partner or hold it.

Lack of utilityReceiving a bonus to play exclusively , players will lose their possibility to spend their rakeback. CAS Coin provide real utility, giving player the chance to: exchange, receive bonus and hold.

One Way RakebackUsing CAS Coin token players will be able to Receiving a bonus to play exclusively , players will lose their possibility to spend their rakeback. CAS Coin provide real utility, giving player the chance to: exchange, receive bonus and hold.

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The purpose and the aim of CAS Coin token is to give help players, provide utility and fix some of the worst leaks in gambling industries.

CAS Coin has been created on the Ethereum Blockchain that is used to confirm tran-sactions as well, with STANDARD ERC-20.

The ERC-20 standard used in smart contracts contains just 6 basic functions.First there is the totalSupply() function, which determines the total amount of tokens that will be created to be exchanged within a given project’s token economy.

Then there is the transfer() function, which is used for the initial distribution of tokens to user wallets. This function is the biggest reason that ERC-20 tokens have become so popular for ICOs, as it makes it incredibly easy to send tokens to investors when the ICO has been completed.

The transferFrom() function is what then enables token holders to exchange tokens with one another after the initial distribution.Next, as implied by its name, the balanceOf() function keeps track of the token balance in each user wallet. Simple enough.

The approve() function, meanwhile, is used to guarantee that the total token supply within the economy is held constant. In other words, this function is in place to ensure that nobody can create additional tokens out of thin air to benefit themselves.Finally, the allowance() function makes sure transactions are valid before they are ad-ded to the blockchain. Whenever a user wants to transfer some tokens to another wal-let, this function checks that the sending address has at least as many tokens as the amount stipulated in the transferFrom() function. In the event that it doesn’t, the tran-saction is not valid.

CAS CoinTOKEN

Circulating Supply: 25,000,000 CAS

Decimals: 2

Smartcontract address: 0x779492d3644ddf4495aa2d80c468e1b7be6af1d2

https://etherscan.io/token/0x779492d3644ddf4495aa2d80c468e1b7be6af1d2

The smartcontract have a domain in eth dns:cascoin.eth

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Use CAS COIN is the smart choice for a players and the smartest choice for a Casino. Transactions are: faster, safer, distant from prying eyes.

CAS COIN will be used from a Casino to another without problems of carriage.

Due to it’s ecosystem CAS Coin will get a large use in gambling business: Rakeback, Home Games, Vip Store, Online Payment method,Live Casino payment method and it’s own mobile Casino app.

ECOSYSTEM

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Players who signup from our referral links can receive their rakeback in CAS, using it in three way: exchange it, redeem bonus, hold it for value, and soon to deposit and with-draw.

CAS Coin will be used to buy and withdraw chips in Live Casino and to buy tickets for Live Tournaments as well, providing safety to players who walk into casinos.

The Vip Store will be availabe soon to redeem products such as tech, gadget poker rela-ted, smartphones, tablets, using CAS Coin earned by playing.

Players who signup from our referral links can receive their rakeback ( a part of the rake paid to poker rooms) in CAS, and will be free to exchange it for fiat or other cryptocur-rencies, redeem bonuses or hold it.

Playing Home Games with friends will be safier and easier using CAS Coin, no more in-sane calculations at the end of the game.

The CAS Mobile App will be soon available to play casino games using CAS Coin.

ONLINE GAMBLING

LIVE CASINO

VIP STORE

RAKEBACK

HOME GAMES

MOBILE APP

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CAS CARD is a cloud wallet that allow you to keep and transfer your funds safety.

The Card is composed by a public key and a private key scratchable, in this way you’ll be completely safe not showing to anyone since you’ll need it.

Every card is real Ethereum wallet where you can hold your CAS.

You will be able to bring it with you and use it Live Casinos to deposit or withdraw your winnings.

CAS CARD

www.cas.casino

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- Possibility to easy implement “blockchain” to their platforms- To become “provably fair”, even “trustless” casino- PR and Marketing opportunities- Attracting a fast-growing audience from the blockchain community- Responsible users who have the ability to control and monitor their play.

CASINO AREA

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GAMEREVOLUTION is a specialized igaming company with more than 6000 players and it allow to use CAS Coin for Rakecas on their online gaming partners such us:

www.cascoin.betwww.gamerevolution.it

PARTNERSHIP

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Giacomo Ottaviano

CEO & Co-Founder

Ernesta Paniccia

LawyerFlorindo Santilli

PR & CommunicationsAndrea Onorati

Test-driven Developer

Daniele Casino

CFO & FounderAlessio Pigliacelli

CTO & Co-FounderFilippo Gallinaro

Marketing

Alessandro ChiaratoRomina D’Agostino

www.cas.casino/about

ADVISOR

TEAM

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The document is a marketing document and is not intended to be legally binding. Nothing in this document shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction.

This document does not constitute an offer to sell, or a solicitation of an offer to buy, an interest in any jurisdiction in which it is unlawful to make such an offer or solicita-tion. The information in this document does not constitute a recommendation by any person, nor does it constitute advice on the merits of participation in any purchase of Draw tokens or any other cryptographic token or currency. Nor has the information contained in this document been approved by any regulatory agency or governmental authority of any kind.

Potential purchasers should refer to the CASCOIN Terms and Conditions, as available on the CASCOIN website from time to time for the terms of the token sales and a non-exhaustive analysis of the risks involved in purchasing CAS Tokens. You will be required to agree to the CASCOIN Terms and Conditions before purchasing any CAS Tokens.

Participants must make their own independent assessment, after making such investi-gations as they consider necessary, of the merits of purchasing any CAS tokens. Partici-pants should consult and rely upon their accounting, legal and tax representatives and advisers in order to evaluate the economic, legal and tax consequences of purchasing CAS Tokens.

Certain statements contained in this document may constitute forward-looking state-ments or speak to future events or plans. Such forward-looking statements or infor-mation involve known and unknown risks and uncertainties, which may cause actual events to differ materially.

Disclaimer

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CAS COINTHE REVOLUTION OF GAMBLING TRANSACTIONS

POWERED BYFINFORK s.r.l.s.

THANK YOUFOR YOUR INTEREST AND SUPPORT

For more information Please visitwww.cas.casino