JoyToken initial coin offering (ICO)

Infrastructure protocol for gaming industry



JoyToken is a platform and protocol that forms the foundation for a “trustless” gambling ecosystem wherein smart contracts are used to automatically determine game outcomes. By joining JoyToken’s platform, game developers can gain distribution and earn rewards from their games. JoyToken is a fully-functional, blockchain-backed platform for the gambling industry wherein smart contracts are used to reward developers for creating games.

2.1
10 10 expert ratings
3.7
2.4
2.1
2.4
View rating distribution
Starts in 1 year ago
2018-03-20 - 2018-04-21
Token
JOY Token
Type
ERC20
Price in ICO
1 JOY = 0.14 USD
Platform
Accepting
Soft cap
1000000 USD
Hard cap
46340000 USD
Raised
3340000
preICO start
Dec 1, 2017
preICO end
Mar 19, 2018
ICO start
Mar 20, 2018
ICO end
Apr 21, 2018
More on ICO
Report

About JoyToken ICO

Joy Gaming’s technology offers a novel solution to connect small developers, software houses, large casinos and players. It creates a gaming ecosystem that both empowers players and helps developers and casinos reduce risk.
The lack of trust and transparency is a concern with the online gambling industry. Players tend to use reputable casinos instead of smaller sites, even if they offer more “interesting games”, because players naturally gravitate to casino brands that they trust. Joy Gaming’s technology is a transparent blockchain-based system, which will help improve trust in the gaming industry. Joy Gaming’s technology enables users to play in a transparent and code- governed environment. This allows players and developers to have confidence in the fairness of the games. Through an innovative RNG generator, players will have peace of mind that the games they play are fair and safe. Developers, casinos and businesses bene t from an ecosystem that provides liquidity sharing and fair compensation. By connecting developers and casinos, we aim for an optimal solution where all participants in Joy Gaming benefit.
The existing Gaming ecosystem is largely reputation driven - a reputation built up by increased advertising. To acquire and retain players, casinos are forced to spend large amounts in order to build trust and reputation through brand awareness. In addition, large casinos control game development. Players are forced to trust these casinos because a lack of transparency means that players can’t track their wagers and thus can’t assess the legitimacy of each bet.
Smaller developers also suffer because they are paid a small percentage of the games revenue and face difficulties when publishing a new game, such as: lack of immediate income and access to the large gaming platforms.
Joy Gaming’s solution is blockchain-based and it allows developers to create games that are run on its backend through a smart contract, rather than directly on the blockchain. As all the results are recorded within the blockchain, there is significantly lower fraud. Thus players can verify that developers are running games exactly as described on the blockchain. Further, game developers and software houses can connect and integrate with liquidity providers, such as casinos, to provide access directly to their games. Both the casinos and the developers bene t from the additional revenue and increased game innovation. The lack of reputation of any specific site can be offset by the fact that rules and underlying infrastructure of the games are recorded on the blockchain (in addition to the approval system before games are allowed to go live on the Joy Gaming network).

JoyToken reviews

Rick Tapia
Blockchain Advisor and Consultant
Rated on Feb 16, 2018
4
4
4
9%

Good team and solid project. Is trying to penetrate a market that is quickly becoming filled with competitors though.

Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Apr 9, 2018
1
1
1
11%

Updated
Got some bad news from top experts .....

good team and solid project

André Siegert
ICO and Business Advisor - Token Economics, Financial Evaluation and Business Strategy
Rated on Feb 18, 2018
1
4
4
4%

Project is good but not unique. Team KYC failed for both team members, hence downgrade

Nikolay Shkilev
Entrepreneur | CEO | ICO Advisor | Crypto enthusiast | Blockchain expert | Public speaker | Mentor
Rated on Apr 11, 2018
1
1
1
6%
Douglas Lyons
Board Advisor- Early Adoption and Strategic Partnerships
Rated on Apr 10, 2018
1
1
1
12%

very crowded space. dont see this as a good investment at this time.
This project is using deception and a ghost community created by Amazix..
SCAM

Stephan De Haes
ICO Advisor, Community leader and COO/Co-founder Krypt.ly
Rated on Feb 21, 2018
5
4
5
9%

Plans are to provide several services through the platform, with a stated goal of providing programming tools and marketing access to smaller-scale developers that would otherwise be lost in the press of larger-scale developers within the online casino gaming industry. The team all provide transparent profiles with LinkedIn profiles. They each appear to demonstrate relevant experience covering a range of domains including marketing, compliance and engineering. The WP is nicely written and gives a good showcase for the project and they have already a community backing them.

Eugene Podkovyroff
Investor, Decentralized Economics Researcher, Crypto Visionary, FinTech Pro, Startup Mentor and Advisor
Rated on Apr 9, 2018
3
1
2
9%

Brief thoughts.

Team finally passed the KYC, so I update the rates.

It is a fairly good idea to disrupt the online gaming/gambling industry and implement some better practices there. But the competition in this field now is humongous, I've seen hundreds of more or less similar developments coming to the market or even present there now. And the key to success would be a strong major game developer's engagement, which I can see among some of the competitors, yet I can't see it here.

Also, tokenomics looks to be disadvantageous for a later ICO investors, which usually leads to a massive token devaluation somewhere in the first 1-6 months.

UPDATE 09.04.2018:
Some financial claims about secured investments don't find any supporting evidence (on the contrary, ETHscan demonstrates almost no secured investments). No answer from the team in their Telegram channel. Currently i would recommend to stay away from this project.

Also, bad marketing practices and a ghost community are all not OK.

Looking forward to get any plausible explanation from he team.

David Drake
Managing Partner
Rated on Apr 7, 2018
4
4
4
5%
Vladimir Nikitin
ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on Apr 9, 2018
1
1
1
6%
PlumBot
ICO Analyzer Bot
Rated on Sep 21, 2018
0
0
0
28%


Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

JoyToken ICO price

Price in ICO

1 JOY = 0.14 USD

JoyToken (JOY Token) crypto

JoyToken coin

JoyToken token
JOY Token
JoyToken type
ERC20
JoyToken platform

JoyToken (JOY Token) value

Tokens for sale
700000000

JoyToken market cap

JoyToken market capitalization
$ 3340000

JoyToken investment info

Accepting
Distributed in ICO
50%
Soft cap
1000000 USD
Hard cap
46340000 USD

JoyToken whitepaper

JoyToken team

Apply as an advisor

Keld Knudsen

Advisor

Lee Murphy

Advisors

Mateusz Mach

Advisors

JoyToken milestones

1
August 2018

WePower idea

2
December 2017

WePower idea

3
February 2018

WePower idea

4
June 2017

WePower idea

5
June 2018

WePower idea

6
March 2018

WePower idea

7
November 2017

WePower idea

8
October 2017

WePower idea

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