|Pre-sale Time:||15 Jan, 2019 - 15 Apr, 2019|
|ICO Time:||18 Apr, 2019 - 22 Jun, 2019|
|Whitelist/KYC:||Whitelist & Kyc|
|Available for sale:||247,500,000 BWT (55%)|
An MVP part of our project is the first and most crucial one. During the course of this phase we will focus on launching a basic gaming content and a usable random number generator responsible for provable fairness of the games. At the same time, Bitwin Team will develop foundations for payment channels within the platform. Objectives : Developing basic gaming content running entirely on Ethereum blockchain as a PoC of the platform consisting of : Slot Games Blackjack Dice Roulette Random Number Generator productive use. Establishing the Bitwin Network payment channels based on Micro Raiden solution for a productive environment. Effort estimation : We estimate that we can deliver the MVP in 8-10 months starting from the conclusion of the private funding stage.
Carrying out Phase 1 will begin as soon as an MVP phase ends successfully. With it, two distinctive elements of the Bitwin ecosystem will be developed. Firstly, a Game Developers Kit consisting of all the game development tools and middleware necessary for the creation and adoption of games into the platform. Secondly, a sportsbook with Bitwin Vault as one of the pillars, which sole purpose will be to provide liquidity for sportsbook in the first 6 months. Objectives : Game Developers Kit - launch of a beta version available for testing by community members. Sportsbook with Bitwin Vault - an implementation of the FansUnite Sportsbook solution within our platform. Effort estimation : Depending on the number of participants taking part in the testing stage of Game Developers Kit, as well as their involvement, this part should take up to 6 months. A launch and implementation of the sportsbook and Bitwin Vault will take no longer than 5 months, however these parts will be developed simultaneously, so we do not expect this phase to last longer than 6 months altogether. After completion of both goals we will proceed to Phase 2 of the project.
In the second phase, our main goal is to proceed from the beta version of Game Developers Kit by starting a fully functional Game Developers Community system that allows for submission of the game project into our Queue, where users can play with Play Money to test the game and vote for their favourites with BWT tokens. Secondly, while putting finishing touches to the Developers Community system, Bitwin developers team will be simultaneously working on a set of additional games for the platform. Objectives : Game Developers Community - transition from a beta version of the Game Developers Kit to launching a functional community. Additional slot and table games for the platform from Bitwin Team. Effort estimation : We predict that both features, that is a functioning Game Developers Community and an additional game pack, will be ready 5 months after starting the phase.
The goal of the third and final phase of our project is to launch a Global Jackpot which connects the network of blockchain slot games run by multiple Bitwin platform operators and accumulates a percentage of winnings into one, truly enormous jackpot. Objectives : Launch of the Global Jackpot. Licensing Platform to other operators. Effort estimation : According to our estimates, this phase will take no longer than 5 months.
From sports betting to live casino gaming, blockchain will undeniably have huge impact on online gambling business. Cryptocurrency casino and sportsbook Bitwin (https://bitwin-demo.com/) soon expands its range of products to decentralized versions, contributing to the next-level entertainment and previously uncharted functionalities. The blockchain update of the platform is called Bitwin 2.0 and will be used with Bitwin Token (BWT).
Token ecosystem is developed to maintain the lowest possible gaming edge and latency as well as blockchain-guaranteed transparency and security. Users will be able to enjoy variety of games from industry’s leading, award winning suppliers, amplified by gaming products from Bitwin Developers Community. It will also have intrinsic functionalities like voting mechanism, cashback system and participation in Global Jackpot. The concept of Bitwin 2.0 and BWT is designed to achieve sustainable growth, ever growing iGaming content, also for other platforms, which will use Bitwin as turnkey solution provider.
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