TOSS: Smart betting ecosystem on blockchain
A decentralized betting protocol on blockchain, on a path to disrupt the $60 billion betting industry
Dmitry is an established entrepreneur and a seasoned executive with over 10 years experience in IT. Founder, business angel and operator of multiple startups in the fields of software development, payment processing, and independent software solutions. A known figure in the field of gaming, a close friend and business partner to PROOF OF TOSS co-founder Azamat.
Dmitry is a key figure in PROOF OF TOSS, having expertise in betting, blockchain and development make him a great asset and one of the projects driving forces.
“I’ve been exposed to Bitcoin and blockchain since 2013, have been following the technology closely since then, spent a bunch of bitcoins on coffee and snacks. PROOF OF TOSS is an idea that has been “brewing” in our minds for quite some time, and I am very fortunate to be part of it, the project has great potential to radically change the betting industry as a whole.”
Azamat was introduced to gambling in the early 90’s, having received his first job as a croupier in a small town casino. For the next 10 years, he confidently moved up the career ladder and in practice studied the principles of both the casino and bookmaking businesses, in order to subsequently open his own business in this field. Within the framework of ICE exhibition, Azamat acquired valuable contacts, among them – his future partner in the development of PROOF OF TOSS, Dmitry.
Refused Dmitry’s proposal to add bitcoin to his bookmaker website back in 2013. A year later, however, Azamat was actively studying Bitcoin technology and was well aware of its potential. Come spring of 2017 we formed a team that was ready to look for an opportunity to develop a bookmaking project with the implementation of blockchain technology.
“If we were as aware of this technology in 2009-2010, we would not have appreciated its capabilities and would have spent all our bitcoins on pizza. Now, however, we are where we should be and we are doing what we must. I firmly believe that we are changing the world of betting.”
Eugene has been programming all his life; he thoroughly studied major technologies in development and coding. Since the beginning of the new millennium, he began trying himself in start-ups, growing to the position of a lead developer; he contributed to several successful projects. Driven by good intuition in business and personal ambitions, he went into freelancing and until 2010 studied IT business in practice, carrying out orders for private clients. The growing number of orders led to the formation of his company AXIOMA. Years later, a joint interest in blockchain, led to the creation of a new marketing agency for ICO projects, To The Moon Lab.
“Despite my experience in development of large IT projects, as a manager and as a programmer I am genuinely struck by the possibilities of blockchain technology. I’m happy to use all my knowledge and skills in working on a project like PROOF OF TOSS.”
Eugene has a combination of business, design, marketing, and client management skills which make him the all-around athlete. His understanding of key global markets and business development and growth in a global context is an important dimension. On a personal level, he’s a pleasure to work with – great sense of humor and unflappable.
Despite only getting into understanding blockchain and crypto in mid-2017, Eugene firmly believes that on a global scale he is still an early adopter of the technology.
“We are 10 years in, a technology that has not yet found global adaptation and real-world use case scenarios apart from being a transactional mechanism. My goal with PROOF OF TOSS is to bring new users to blockchain and cryptocurrencies.”
Nikolay is passionate Blockchain & AI technology explorer and creator of new smart and secure paths in Crypto-currency world. Experienced in IT business and researching of solving problems using different computer modeling in various science and academic researchers. Developing applications that are efficient and solid inside and out is one of the main priorities for him. Applications, that people actually want to use. He has been doing this since the 2005 year.
“I love working with professionals that are absolutely ambitious and I encourage everyone to overcome our personal ambitions and act as a team to create something beautiful, amazing, extraordinary and grow together.”
- Crowdsale (70%)
- Fund (21%)
- Team (7%)
- Whitelist (1%)
- Bounty (1%)
Cost of the token10000 tokens for 1 eth
Price without discounts
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The project uses blockchain technology and a decentralized system to create bets based on the system's token. Quite a new and original solution in the betting and gambling industry, allowing to save user's privacy, mitigate losses through transactions of funds, and to give global access to the whole market.
Risks and disadvantages
It's not a new idea and the betting market is quite overcrowded, high competition means that only unique and very interesting projects will be successful. This project offers some solutions that haven't been used before, so probably the team has chances of success.
Under certain conditions, undoubtedly that the project will be able to acquire its place in the betting market. But for this, the team will need to do their utmost, organize a massive advertising campaign and prove the benefits of its solutions in relation to other the projects.
Availability of short paper, which gives the overall idea of the project. Also, there are advisors and partners and the ICO is widely discussed in social media.
Risks and disadvantages
Roadmap is outlined very poor and it does not have any dates. Soft cap and hard cap are not mentioned and there is no MVP so far.
The idea of gambling on Blockchain is not new. There are many other platforms dealing with that issue, TruePlay , for example. Toss needs to make its best to be the most successful in this sphere.
The project widens the beeting base for the user thereby increasing their chances of placing a successful bet Through smart contracts the system ensures against fraud. The project ensures transparency of the transactions and also takes not of the required rules in the business. The user are able to use this system in their already existing businesses. The project has a very dynamic and reliable press team.
Risks and disadvantages
The traffic statistics are critically low especially in the filled of ads which will limit the potential growth of the project.The project will however face competition from the existing ICO market carrying out a similar project. The project only allows one crptocurrency which limits its potential market size.
Many beting companies today working on centralized system which are very insufficient and not reliable as they are pron to fraud and manipulation, TOSS will assist remove these barriers in order to carry out effective and transparent beting ventures on the blockchain with a decentralized system. For the project to be a success the proprietors might think of diversifying the market base by having more than one project for investing in on this plat form this way the risk of a loss is distribute into other possible successful ventures The current number of ICO start ups is high and smart work and investment will see the success of some of them. This project besides the competition has a very wide market base which should be taken a hold of so as to get a large profitable market share.