88Token - Project Review

Introduction

From the beginning of the formation of online casinos, basic issues such as game manipulation by the casino, money security, etc. have been the concern of the players. Blockchain technology will solve these problems forever. One of the features of blockchain is the guarantee of non-tampering of information. Once a block of information is placed on the blockchain, it will never change. This has been proven in computer science. Another feature of blockchain is the ability to track information. Everyone has full access to all information stored on the blockchain. So, an ideal opportunity to develop anything that needs this feature. And it is definitely one of the functions of this technology in online casinos. It goes without saying that many online casinos and game providers are fair. However, when blockchain is involved, they have to be honest. Otherwise, they expose themselves to a major scandal or fraud. No casino will risk their reputation and entire business when someone can check if they are offering a fair game or not.

Next, we will introduce the 88Token online casino. This project is trying to provide a more optimal type of an online casino to those interested in this field by using blockchain technology and cryptocurrencies. This ecosystem also provides faster, cheaper and more secure payment services that can provide the trust of users, players and bookmakers.

88Token

88Token is a decentralized online casino platform based on the binance smart chain blockchain. This project is also designed to provide a payment ecosystem in decentralized casino games and its goal is to optimize costs and increase efficiency in the gaming and gambling industry. Since 88Token uses blockchain as a gaming platform, it is expected to have a certain impact in the industry. The 88Token platform is developed on the Binance blockchain, and with its operating system, it creates settings that make the game cost-effective and lower costs for players.

The main purpose of this project is to create a suitable platform to meet the needs of online gambling businesses and institutions such as casino operators, game solution providers, affiliates and players in this field. In the big sense, it can be said; 88Token seeks to create a blockchain-based solution to meet the modern, fast and secure payment needs of merchants on a global scale. This project is trying to create the foundations of a new and global digital currency for use in other gaming and gambling platforms. In fact, it seeks to gain the role of an in-game currency for the casino gaming industry on a global scale. The main goal of the 88Token platform is to create a one-stop shop to provide all services related to online gambling. Services such as: hosting of blockchain games, management of banks based on smart contracts, data intelligence and cryptographic payment gateway integration.

?"88Token, an online casino platform based on blockchain, a new experience in casino games and a Cryptocurrency Payment System"

How does 88Token use blockchain in its online casino ecosystem?

· Every bet that is made in a game on the 88Token platform, a transaction is saved in the binance smart chain blockchain.

· New blocks are added to the network after staking, but the following four things must happen before a new block is created:

· The player makes a transaction (such as placing a bet).

· The transaction is verified by a network of computers.

· The player's transaction is stored in the block with the above three pieces of information.

· Each block is assigned a unique Hash, which is a type of anonymous digital signature.

· After the final step, the block is made publicly available for all to see. The player, along with anyone else, can check whether the bet is fair or not.

8Token Features (As an online casino platform)

The 88Token ecosystem offers the following advantages over the current systems used by many online casinos:

?Transparency

Most online casinos operate through private databases. In fact, the players do not know what is going on behind the scenes regarding the results of the bets. 88Token brings transparency to players by taking advantage of the transparency of blockchain technology.

Security

The use of blockchain technology ensures the security of the 88Token ecosystem for users. In fact, the existence of blockchain technology reduces the possibility of fraud to zero. The way this technology works creates serious problems for any anomaly operator. But what is the difference between 88Token's blockchain ecosystem and non-blockchain casinos and how does 88Token provide this security? Explaining that, in non-blockchain casinos, hash is used to prove that the game is fair and not manipulated. But in fact, in order to make sure that the game is not manipulated by the casino, the games must be approved by an authority other than the casino. Reference generated based on the sequence of random numbers used in the game. These sequences must be unmanipulated and generated based on the fair share of the casino. For this reason, blockchain casinos like 88Token have created an interesting mechanism. They pre-generate a sequence of random numbers and put them in a block of the blockchain. Then the address of this block is made public. This way you can be sure that this sequence will not be changed by the casino (here 88Token) according to the game conditions and the money being bet.

?Utility

In most traditional casinos, participants can bet on a limited range of topics. It is obvious that the value of each token depends on the amount of use and acceptance of that token by users. The 8Token project seeks to take a share of this growing industry by providing appropriate and comprehensive solutions in the gambling industry, which is one of the largest industries in the world.

?Multi-Platform Usage

88Token is trying to introduce itself as a highly applicable token in the casino games industry. The realization of this issue is not out of mind with the presence of influential partners of the project, who are among the top crypto bookmakers. Considering the potential of this project, it seems that it will attract more partnerships in the future.

?88Token Features (As a Payment System)

The advantages of the 88Token ecosystem as a modern, fast and secure payment system can be summarized as follows:

Reducing complexity (transactions can be made in all wallets that support the BEP-20 standard)

Improving the speed of transaction processing for the availability of assets (all purchases and transactions are done quickly)

Increasing transparency in recording transaction information (information related to each transaction is recorded in the blockchain and can be traced through the Transaction Hash of each transaction in the Binance chain)

Loss of the ability to manipulate, delete or change registered records (relying on blockchain technology)

24/7 transaction possibility (the transaction is not time bound and is done completely automatically)

Security (relying on blockchain technology, the security of all transactions is ensured)

?88 Token Benefits

Benefits of gamblers:

Speed: One of the main concerns of gamblers in different ecosystems, especially traditional systems, is the speed of transactions. 88Token has solved this problem by using the Binance smart chain blockchain. Binance smart chain blockchain provides high transaction speeds. Deposit and withdrawal can be done in less than a few minutes and users can deposit or withdraw their funds in the shortest time.

Fair: One of the biggest advantages of 88Token online casino is the fairness of game results for players. Since every transaction is recorded on the blockchain, gamblers can be sure that the games are fair, the game results are accurate and free of manipulation, and finally the casino pays people in the shortest possible time.

?Fun: The above two items provide favorable psychological conditions for players to enjoy a fun and interesting game.

?Benefits of token holders:

The 88Token ecosystem creates conditions for users to earn passive profits up to 60% by holding their tokens. Profits are obtained from the place of receipt of profits from the payment transactions of bookmakers.

Also, in order to increase the value of 88Token tokens, the ecosystem uses a burning mechanism. Explanation that in case of loss of each player, up to 40% of his tokens are burned by burning mechanism, which helps to increase the value of 88Token tokens.

?Benefits of bookmakers:

88Token offers solutions to attract players to bookmakers by integrating a token into the payment system. This issue cannot turn players into regular customers of bookmakers and by attracting users, it can provide their interests to a great extent.

88Token

88T is a native token of the 88Token platform developed on the binance smart chain. This token plays an essential role in all ecosystem affairs. By having 88T, users can use all the features and benefits of the ecosystem. The general specifications of 88Token are given below:

Name: 88Token

Ticker: 88T

Type: Bep-20

Total Supply: 10B

Smart Contract: 0xc4eE9302Db2899187a12D76264f2f227B4Ad43Ff

?Since 88T is developed on binance smart chain, it can be stored in wallets that support this network. Wallets like Trust wallet, Safepal, Metamask.

?88 Token Team

The project team consists of experts and experienced people in the fields related to the ideas and goals of the project and from all over the world. As mentioned earlier, the main focus of the project is the development of an online casino in a secure and smart blockchain platform. The team consists of experts from various fields of gaming industry, computer science, marketing and social media. The profile of the project team is presented in the following image:

?88Token Roadmap

The overall project roadmap is presented in the image below:

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last word

88Token is a blockchain project developed specifically for the betting and online gaming industry. This project combines the features of Binance's smart blockchain with advanced technology, making 88Token a powerful resource for players, platforms and developers. 88Token supports the new era of digital gaming and strives to introduce an integrated blockchain-based payment system to the online casino industry. Relying on the potential of blockchain, 88Token provides users with incredible transparency along with security. If the development team sticks to the project, there is a high possibility for this project to grow further. At the same time, if you are interested in online games and betting, we suggest that you have 88Token in your watch list.

?"This article is merely a review of the project and should not be considered as a recommendation for investing in the project and its subsidiaries. Obviously, investors should do their research before making any investment."

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Author

Bitcointalk username: Hommai