Casino Alive platform overview

Casino Alive is named as a company or organization in the sense that “Please make everything alive.” First and foremost, a casino is a business, but of course it is a lively community. As a mission, Team Alive tries to make game enthusiasts eager, grow, and create a safe game option.

Gambling and gaming are currently some of the biggest entertainment  industries in the world. In 2014, the global gaming market was valued at $423 billion [1]. By 2022,the global gambling market (physical and online) is expected to surpass $635 billion [2]. In the EU alone, the industry capped €84.9 billion [3] in 2015,with an annual growth rate of 3%. In 2017, gambling growth was through the roof for major  gambling indicators such as Macau. In 2016, Morgan Stanley had predicted 10% growth [4],but Macau casinos posted 19% growth [5], with Macau casino revenue alone topping $33 billion for 2017 [6] The gambling industry is growing fast and benefiting immensely from the global economic recovery but especially the increased Eurozone stability and the strong growth in Asia.

Online gambling’s unrealized potential In 2016, the global online gambling market was worth 44.16 Billion USD [7].It is projected to be worth 81.71 billion USD in 2022.The projected growth in  the industry works out to a 10.8% compound annual growth rate. We believe  that this growth rate underestimates the potential growth in the online gambling and gaming market, however, as it does not take into account the  mainstream breakthrough of the Blockchain [8] and cryptocurrency in 2017.

The Living Casino

The Alive Casino is named as such because, as both a company and an  organization, everything is about “keeping things alive.” First and foremost,the casino is, of course,a business, but it is also a living, breathing community.The Alive team endeavors to, as its mission, create a living, thriving, and secure gaming alternative for gambling enthusiasts.

The casino’s chief objective is to operate in such a way that allows online casinos to occupy a greater share of the gambling market.This goal will be achieved through two key strategies: first, by following only transparent practices, largely through Blockchain technology, and second, by enabling a real human experience for online players through effective social media and a VR gambling experience.

Gaming with a Purpose – Project Vision

The Alive Casino is an ambitious project, built by a team of innovators.That being said, as an organization, the Casino recognizes that it is a business and that it must set clear long- and short-term goals to succeed.

Introduction to Casino Structure

The Alive Casino has three major, mutually dependent pillars:

1. Virtual Reality–Enabled Gaming.

2. Integrated Social Networking.

3. A Blockchain-based Secure Payment System.

Progressive Integration of Blockchain Technology

The Alive Casino will begin as a heavily customized implementation of a  proven online gaming platform.Over the course of several months, the complete Blockchain-based payment system will be integrated into the Alive Casino, supplementing but not supplanting the traditional payment system and providing players with increased security and payment options. The integration of Blockchain will allow withdrawals to be carried out  instantaneously and transparently, providing users full control over their funds at all times.

Casino Security

Industry-standard best practices will be instituted at every level operation, and additional measures will be implemented as countermeasures against potential downtime, which may result from security threats.This way, gameplay will not be disrupted by security operations, designed to protect players.

Blockchain transparency

Blockchain technology has long been considered a means by which  transparency can be encouraged in business, particularly business in a digital context.In the white paper written by Satoshi Nakamoto, the distributed ledger is described as a means by which transactions can be verified without the need for a third party.This is the way in which the Alive Casino uses the Blockchain.

User Privacy

Users will be required to provide a certain amount of information when they register for the platform.However, users will be able to configure their privacy settings for maximum comfort or advantage in their gaming goals.Users will be able to access their account via biometrics.However, the primary security feature is the full encryption of all personal data. If the platform were to be hacked, users’ personal data would remain inaccessible to the hackers.

Thanks to the decentralization that is innate to Blockchain technology, an attack on personal balances will be extremely difficult.The main security risks that come with the implementation of the Blockchain are as follows:

• Smart-contract vulnerabilities:To address such issues, Alive will put  every dapp through extensive testing before public release.In addition, all developments will be audited by an external company before implementation.

• Private key thieves: Alive will use mature HSM technology to execute the full lifecycle of private keys and addresses inside an isolated environment.

Furthermore,all balances will be in users’ personal Alive multiwallets.Therefore,even if the company were to disappear or go bankrupt overnight,users would still maintain all their coins.

Using cryptocurrencies for gambling through the Blockchain

Via close participation with the software provider it is using for the early stages of the project, Alive will develop a multiwallet system that will allow for the storage and utilization of multiple cryptocurrencies through the Blockchain.This highly complex task will necessitate more advanced security mechanisms to protect wallets and the Alive Casino, but Alive believes it will be worth it due to the utility and flexibility it will provide to users.

DETAIL TOKEN

Symbol :AL

Soft cap : $10.000.000

Hard cab : $30.000.000

Total supply : 1.000.000.000 AL

Current token price : $0.015

Technical specifications : ERC20 token

Decimals: 04

Fair Technology and Gaming

Beyond the development of industry-leading games and entertainment features, Alive will spend considerable resources on the development of advanced, decentralized, RNG-based games that allow for unprecedented transparency and trust between the casino and the user. The development of commision-free games has also been planned to meet the demand and to take part in the new relationship dynamic forming between online casinos and
gamers.

Development and Deployment of The Alive Blockchain

The casino industry has extremely specialized requirements regarding the speed and cost of transactions required for smooth operation. In the long term, meeting such requirements will necessitate the development of a gambling-specific Blockchain. While the AL token is based on the Ethereum Blockchain, this is not a permanent solution, and the end goal will be the development of an all-new Blockchain.This Blockchain will take into account everything learned from the AL token and be specifically adapted to the casino and gaming environment.

The Development of Original Virtual Reality Games

Alive will partner with a VR service provider to develop new games and further improve the virtual reality gambling experience.While Alive will launch with a built-in VR experience, Alive intends to develop proprietary games that better take advantage of the Alive Casino system and that are tailored to Alive’s customers.

More Information Contact :
Website: https://aliveplaycasino.com/
Ann thread: https://bitcointalk.org/index.php?topic=4573692
Whitepaper: https://aliveplaycasino.com/assets/doc/whitepaper.pdf
Facebook: https://www.facebook.com/alivecasino/
Twiteer: https://twitter.com/alivecasino/
Linkedin: https://www.linkedin.com/company/alive-casino/
Reddit: https://www.reddit.com/r/AliveCasino_AL/

Author : $crypto$
ETH : 0xC6F915eDAf2656742D8E692FB45E88734B3dbbbb