The Mechanism and System in Joytoken
When you join Joytoken, be sure that the overall implementation and practice will be simple and easy. The platform is designed to be practical and efficient. That’s why they are different from other online betting providers or services. You can say that this platform manages to take gambling to the next level – and thanks to all the technologies, gambling is no longer a shady business.
How the System Works
As it was mentioned before, everything in Joytoken is made simpler without compromising quality or safety. By including smart contracts and cryptocurrency, managing a bet can be simple and also safe.
- Let’s say that you want to bet on a card game. The fee needed to play for this game will be automatically withdrawn from your wallet and transferred to the game’s contract.
- This action, along with game history, RNG, or random numbers for the game, will be recorded and written within the contract.
*In the meantime, a smart contract between the game developer and the platform management is made. It will determine the amount of share between these two parties. - Wait for the result. When you lose, you will lose your money. The money will be then divided by the management and developer. How many shares they will get depends on their contract.
- If you win, the money will be automatically transferred to your wallet.
- You can then decide whether you want to continue playing or you want to stop. If you continue playing, the process will happen once again. If you stop, you simply leave the game.
There are so many benefits that you can get from joining the platform:
- The elimination of third party or middleman that affects the overall pricing. This is especially great for game developers because they won’t have to be burdened with extra cost just to join in a platform.
- The inclusion of technologies (smart contract, the blockchain, etc) to improve trust and transparency. Casinos are sure that players aren’t cheating. Players know for sure that they aren’t being scammed. Game developers can improve performance and work together with credible casinos.
- The flexibility and also freedom to manage the game as well as the funds. Whether you want to play or not, or you want to create your own game or not, you are free to do them all.
JOY Token for the Use
JOY token will be the main currency for this platform. If you want to invest your money, thinking that this platform will reach a huge hit after the launch, this would be the perfect time to do so. During this public sale, the price of 1 JOY token is ranging in between $0.14 to $0.18 – depending on the time when you purchase the token.