BITCOIN CROWN - ICO REVIEW

ICO stands for Initial Coin Offering. This means that someone offers investors some new cryptocurrency units or crypto-tokens in exchange against cryptocurrencies such as Bitcoin or Ethereum. Since 2013 ICO is often used to finance the development of new cryptocurrency. Pre-made tokens can be easily sold and traded on all cryptocurrency exchanges if there is a request for them.

With the success of Ethereum ICO is increasingly being used to fund the development of crypto projects by releasing tokens that are somehow integrated into the project. With this shift, ICO has become a tool that can revolutionize not only the currency but the entire financial system. ICO tokens can be securities and stocks tomorrow.

What is Bitcoin Crowncoin?

Bitcoin Crown is a digital commerce token that will provide game developers, creators, and game communities the required values and tools supported by crypto to implement and manage virtual goods. This is a platform that gives game developers, creators and game communities the necessary values and tools supported by crypto to implement and manage virtual stuff. The Bitcoin Crown platform will have full support for this token in the next 6 months. Bitcoin Crown will develop an open source development software framework (SDK), wallet, game plugin, virtual item management app, and payment gateway platform.

This will be a decentralized platform that will be used to manage, distribute and trade virtual goods. Giving Gamers and creators a new model of virtual ownership. Users can acquire and trade virtual goods in the most popular online gaming community.

This platform will have many users involved socializing and working together to create unique communities, game content, and virtual economy. By providing the tools they need, BTCC empowers these creators to monetize their content. BTCC is uniquely positioned in the virtual goods market to promote and build a decentralized gaming online gaming platform.

Aim

Virtual Goods in Blockchain: A decentralized platform for managing, distributing and trading virtual goods. Giving Gamers and creators a new model of virtual ownership.

The first easy to use Gaming Cryptocurrency: BTCC Coin is the first cryptocurrency with an authentic purpose for online gamers. Generate and trade virtual goods on the most popular online gaming community creation platform.

SDK for Game Industry: The BTCC Coin Platform is created for the gaming industry. SDKs for multiple languages, wallets, and payment platforms will be available and completely open-source.

New play experience with ownership & real value: Online gamers can bring or trade their assets from game to game, community to community, grow their digital wallets with real value when they play.

Solutions for Fraud & High Costs: For every purchase of legitimate virtual items, 75% of items are lost due to fraud. Token printed BTCC Coin will create trust and security with minimal transaction costs.

Some Challenges In The Online Game Industry

Payment Fraud

It is estimated that for every legitimate virtual purchase made, 75% of virtual items are lost due to fraud, assets that are stored and managed online can be open for manipulation or chargebacks. Traders have to deal with additional loads, and scammers damage the reputation of the game.

High Costs and Slow Transactions

Game publishers and communities rely on third-party platforms to process virtual goods transactions. Gamers face delays, unclear cash flow, and high transaction costs.

Disadvantages of True Ownership & Rarity

Virtual items, in essence, are licensed to gamers and are often only available for use on their proprietary platforms. Sometimes they can be manipulated, lost, or retrieved with little way for the user. The original transparency is missing.

Locked and Centralized

Digital and currency items are usually locked for one game and are non-transferable. Trading goods outside the game environment is complicated and difficult. If a player is banned, they can lose all their goods and currencies.

No open standards

There is currently no widely accepted standard for decentralized currencies and assets in the game. The user experience is often a belated thought, so users do not know what to expect.

BTCC Solutions

BTCC will develop a tool that allows game publishers, game servers, and communities to manage virtual goods and in-game items across platforms. Monetization using BTCC Coin will be the main focus with advanced features and provided toolset. Major benefits will be gained by utilizing decentralized platforms and support frameworks.

How does the token value increase?

This token will be used for transactions on the platform, therefore the platform is getting popular, its value will continue to increase.

Token Information

Name: Bitcoin Crown (BTCC)

Total supply: 70,000,000 Token BTCC
Total allocation: 50,000,000 BTCC tokens
Hard Cap: $ 10,000,000 USD
Soft Cap: $ 2,500,000 USD
Currency: ETH

Spend Allocation:

50% Develpoment
30% Marketing
10% Security & Legal
5% Hosting & Infrastructure
5% Contingency

Budget allocation

All funds donated in Crowdsale will be used solely for the development, promotion and growth of the BTCC Coin Platform. Below is the initial allocation and distribution and may change at any time.

Development of 50%

This refers to the development and operating costs of all the technologies described in this white paper, including smart contracts, wallets, SDKs, APIs, game plugins, third-party plugins, and other BTCC Coin related updates. It will also include recruitment of developers and additional full time consultants to accelerate development so that we meet or exceed the roadmap’s goals and expansion goals.

30% Marketing & Growth

The marketing budget allows the constant and endless promotion of BTCC Coin to gamers in various target countries and game segments. These will be used for video and in-game advertising, promotional events & tournaments, sponsorships, mobile ads & social media, and studio detention.

5% Security

We take the necessary steps to ensure that the optimal security standards are followed in each release. These include professional code audits and penetration testing on all APIs, smart contracts, Mobile and PC wallets, plugins, and SDKs.

BTCC Law will get the right legal advice to always ensure that we operate in accordance with the laws and regulations of each jurisdiction that we do business. The funds will be saved as a backup for any problems or challenges that may arise in any region.

5% Hosting & Infrastructure

This will cover a minimum of 5 years from the increased costs required for expansion of web servers, firewalls, load balancers, DDOS and network protection to anticipate Traffic increases to web platforms and public JSON-RPC APIs.

5% Contingency

This amount will be set aside for unexpected costs.

Roadmap Development

We are truly dedicated to meeting our development goals ahead of schedule and providing key framework and feature support for BTCC Coin.

April 2018 BTCC Token Crowdsale

http://www.bitcoincrowncoin.com

Q2 2018 Core Smart Contracts

API Platform

Mobile Smart Wallet (Key features)

Minecraft Plugin

Java SDK

Q3 2018 C # SDK