What is Boliecoins Use-Case, Relevance and Advantage? 📝✍🏻
Introduction
Boliecoins is the digital currency behind BoliesTV, a revolutionary gaming platform that brings together video games and wagering in a seamless and secure way. This innovative ecosystem allows players with a passion for video games to compete with the best global gamers and earn depending on their skill level. Also, those who love to watch video game matches can earn from wagering. This is made possible by leveraging Blockchain and smart contract technology.
About Boliecoins
At its core, Boliecoins is about the merger of the two most innovative fields that has never crossed paths before: Blockchain technology and video gaming; specifically, eSports gaming.
For the longest time, betting or earning through video games has been reserved for the echelons of the very best players in the world. To even qualify for tournaments, one must possess a certain level of skill, which takes years to develop and master. And even when in a tournament, winning, and earnings are not guaranteed. Indeed, it takes so much effort to start getting rewards based on your skill level.
On the other side, Blockchain technology continues to find ways to go beyond the financial sector and into other fields. A lot of different industries from real estate to governments can benefit from decentralization, security and openness brought about by Blockchain. It’s only a matter of time before it touches the video game sphere.
Boliecoins attempts to create an entire new industry with its new fantasy gaming and wagering platform, BoliesTV. It is basically a decentralized, live streaming PVP gaming platform where teams can compete head-to-head with each other for a winning prize.
The way it works is simple. Players can organize teams of 3, 5 or 7 players, pick a game they want to play, and challenge other teams by placing a bet or wager. If a team accepts, then they will engage while the game is live streamed to the public. Anyone who watches can place their own wager on their expected winning team
BoliesTV then collects funds for everyone and keeps it while the match is on-going. Once the contest is over and the winner is determined, funds are automatically disbursed to that team and any other winning bets, less handling fee in favor of BoliesTV.
Advantages
The biggest advantage of the Boliecoin and BoliesTV platform is security. Video game wagering for normal, everyday folk used to be something done informally, under the table. This means there’s a danger of being cheated or duped, especially if you don’t fully know or trust the other party.
BoliesTV makes wagering possible by leveraging Blockchain technology. Utilizing smart contracts means all wagers and contests are enforced, ensuring funds are guaranteed to go to the winning players and bettors. The backend system also is capable of keeping track of any number of transactions and of any size.
The BoliesTV platform can also be an avenue for budding eSports players to start their gaming careers. Players can hone their skills and build a following through their own channels as they earn money based on their performance level. This lowers the entry point for professional gamers considerably, and gives everyone a chance to experience playing in high-pressure tournament situations.
For investors, having the BoliesTV platform backing the Boliecoin currency is a big deal. Investors are secure in the knowledge that a real-world application with real value drives the coin forward, and vice versa. This takes the currency from an “abstract” concept into a more legitimate space.
The question of whether BoliesTV constitutes gambling is legally settled, since it involves wagering over games. BoliesTV is considered a fantasy gaming platform, as it involves games of skill instead of luck. Most video games considered for eSports are games of skill. These require players to exercise knowledge, dexterity or deftness in winning a game and not purely by chance. Hence, BoliesTV is not prohibited by current gaming laws.
In terms of technical advantages, Boliecoins offer faster transaction speed and efficiency than Bitcoin. This is because Boliecoins uses a block time of 2.5 minutes instead of Bitcoin’s 10 minutes. Block size is also bigger at 2 MB compared to Bitcoin’s 1 MB. Transaction costs are also low, making it efficient to trade. Mining is very feasible without requiring any extra investments in ASIC or GPU hardware.
BolieTV and Boliecoins is an innovative new concept that’s shaking the video gaming and fantasy gaming world that offers access to over 100 million players worldwide. It is creating a brand new space that doesn’t yet exist inside the gaming ecosystem. With a strong team behind it, the potential of Boliecoins is limitless.
Team
Craig L. Curtis / Founder
Joyce Coleman / Operations Strategy Consultant
Chris Coleman / Executive Marketing Analysis
Steve Conley/ International Education Director
Augast Nayak / Head Developer
Abhishek Dwivedi / Assistant Developer
Monu Singh / Assistant Developer
Milestones
- July 2017
Craig L. Curtis, the founder of Boliecoins, had the idea of combining two passions worldwide: video games and wagering. Thus, BoliesTV concept was born - Aug 2018
Full research and development on all areas of the Boliecoin project is started. - October 2017
Research and development is completed, and the website is created - May 2018
Pre-ICO sale is done with the goal of raising $500,000 — $1,000,000 to fund the project marketing ICO. - October/November 2018
ICO sale to raise $25,000,000 in funds. The funds will be further used to develop the BoliesTV platform, including partnership agreements, marketing and advertising of the platform
Financials:
Token = Boliecoin
Platform = Ethereum
Type = ERC20
Price in ICO = $0.50 per 1 Boliecoin
Total Tokens created= 300 million
Tokens for sale(30 % of total tokens) = 90,000,000
Soft cap = $10,000,000
Hard cap = $40,000,000
Don’t forget to follow our social media accounts❗⬇️️
Website 🔗: https://boliecoins.com/
Facebook 👥 : https://www.facebook.com/BoliesTV/
Twitter 🐦: https://twitter.com/BoliesTV?lang=en
Instagram 📸: https://www.instagram.com/boliestv/
Reddit 🔖: https://www.reddit.com/user/boliesTV
Tumblr📝 : https://boliestv.tumblr.com/
Telegram ✉️ : https://t.me/boliecoin
Quora✏️ : https://www.quora.com/profile/Craig-Curtis-20
ANN thread 🖇 : https://bitcointalk.org/index.php?topic=4474830.0
Youtube📺:https://www.youtube.com/channel/UCchhvJ7lHnLbKxMT8tOr8oQ