[ANN][ICO]CLOSING THE PROJECT[NEOGAME.IO]

[grantsop10]

friends, I would like to shock you a little. Statistics tell us that every year up to $ 50 billion is spent on the purchase of lottery tickets by Americans. I admit, the numbers are impressive.

you are absolutely right. I heard about the data of the World Lottery Association, which showed annual sales of 280 billion US dollars. Moreover, this figure continues to grow ... it is a very big money.

moreover, according to TechNavio, the expected growth of the market from 2017 to 2021 is 9% per year (CAGR - Compound Annual Growth Rate). This indicates that up to 3% of the US population can be attributed to problem players: their craving for games becomes more dangerous every day.

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[aeron89]

what about the market as a whole? I'm talking about the opinion of the state on the situation with the gambling business. If you know, tell me, I do not understand politics ...

[grantsop10]

what about the market as a whole? I'm talking about the opinion of the state on the situation with the gambling business. If you know, tell me, I do not understand politics ...

everything is simple. Think of the profits that gambling brings. In addition, in addition to profitability, it is also easy to use. Therefore, the state encourages this activity, and access to the market of alternative operators is prohibited.

[aeron89]

what about the market as a whole? I'm talking about the opinion of the state on the situation with the gambling business. If you know, tell me, I do not understand politics ...

everything is simple. Think of the profits that gambling brings. In addition, in addition to profitability, it is also easy to use. Therefore, the state encourages this activity, and access to the market of alternative operators is prohibited.

in that case, can it happen that NeoGame will be banned as a new business model that can supplant existing ones?

[grantsop10]

what about the market as a whole? I'm talking about the opinion of the state on the situation with the gambling business. If you know, tell me, I do not understand politics ...

everything is simple. Think of the profits that gambling brings. In addition, in addition to profitability, it is also easy to use. Therefore, the state encourages this activity, and access to the market of alternative operators is prohibited.

in that case, can it happen that NeoGame will be banned as a new business model that can supplant existing ones?

in my opinion, this is not an entirely correct question. How can you prohibit what promotes development? In addition, the access of alternative operators, which is not NeoGame, is prohibited. Therefore, be sure that soon everyone will switch to a non-profit model. Personally, I will only be glad of it.

[aeron89]

what about the market as a whole? I'm talking about the opinion of the state on the situation with the gambling business. If you know, tell me, I do not understand politics ...

everything is simple. Think of the profits that gambling brings. In addition, in addition to profitability, it is also easy to use. Therefore, the state encourages this activity, and access to the market of alternative operators is prohibited.

in that case, can it happen that NeoGame will be banned as a new business model that can supplant existing ones?

in my opinion, this is not an entirely correct question. How can you prohibit what promotes development? In addition, the access of alternative operators, which is not NeoGame, is prohibited. Therefore, be sure that soon everyone will switch to a non-profit model. Personally, I will only be glad of it.

me too. I see the future development of the market in this. In addition, technology must move forward, and this is impossible without updating business concepts. Do you agree with me?

[grantsop10]

I absolutely agree with you. However, keep in mind that soon this project will have competitors who will offer, possibly, more favorable conditions. It seems to me that with time this will lead to the fact that this model will outlive itself and cease to be so profitable.

[aeron89]

I absolutely agree with you. However, keep in mind that soon this project will have competitors who will offer, possibly, more favorable conditions. It seems to me that with time this will lead to the fact that this model will outlive itself and cease to be so profitable.

I am more than sure that this situation will not happen. You see, the presence of competition does not mean the loss of quality of service and the deterioration of processes. Do not forget that the model is so automated that it does not need human resources.

[grantsop10]

I absolutely agree with you. However, keep in mind that soon this project will have competitors who will offer, possibly, more favorable conditions. It seems to me that with time this will lead to the fact that this model will outlive itself and cease to be so profitable.

I am more than sure that this situation will not happen. You see, the presence of competition does not mean the loss of quality of service and the deterioration of processes. Do not forget that the model is so automated that it does not need human resources.

yes, it is exactly. I missed the blockchain participation here. Well, it seems to me that a new era of cryptocurrency development is coming. By the way, if you did not know, the internal token is quite multifunctional: this is a lottery ticket, and an asset for the formation of a prize fund, as well as a tradable cryptoactive asset.

[aeron89]

By the way, considering the last function, the token will be traded on the stock exchanges, and its cost is volatile and is influenced by a number of factors. This is another proof that its value will increase, so participants will have a good profit.

[grantsop10]

By the way, considering the last function, the token will be traded on the stock exchanges, and its cost is volatile and is influenced by a number of factors. This is another proof that its value will increase, so participants will have a good profit.

it is a pity that they are available in limited editions. Their volume is only 500 million pieces. Smart contract does not allow additional issues. But the project as a whole is interesting and promising, so I am sure that I will participate in it!

[nabilapimpo]

Neogame will not make a profit and, therefore, the profit of the owners of the tokens will depend only on the growth of the value of the token, which is used in the logic of the project.

It goes without saying. The more users and investors are interested in the project, the higher the cost of the token with which they work

I think that everyone understands and everyone knows that the cost of tokens directly depends on how many users use and buy them, this is the logic of the whole industry

This project aims to change the principles of games throughout the industry. In business, it has always been based on the "cornerstone" - the principle that the casino or the organizer always has the advantage

Yes, the foundation is just a foundation on the fact that not all users got benefit in business, there are some of those who suffered losses. this project is designed to counteract irresponsible gambling. When the world's gambling market is transformed into a non-profit model, no one would pursue a gambling addict again.

[fred_handsome7]

Hi devs. Tell me under the rights of what country you will launch your platform?

Nice question it is very important so we know you have the right to operate.

[straker]

Lottery on blockchain. Ideas of some people are really amazing this case is not an exception. Every ideas thing I simple and how this lotter is going to work?

vision of world is changed after the advent of blockchain,as for working process neogame will function using Ticket Tokens (TKT) as both lottery tickets and prize fund currency.

[straker]

I don't understand why the lottery is considered as gambling. At all, how all this thing will look?

[straker]

I don't understand why the lottery is considered as gambling. At all, how all this thing will look?

Everything that can bring you instant and easy money with luck as the most essential component should be considered as gambling

I thought that only games of chance like roulette, poker (or every card game) which are used in casinos should be named “gambling”

[straker]

I don't understand why the lottery is considered as gambling. At all, how all this thing will look?

Everything that can bring you instant and easy money with luck as the most essential component should be considered as gambling

I thought that only games of chance like roulette, poker (or every card game) which are used in casinos should be named “gambling”

Gambling is the wagering of money or something of value (referred to  as "the stakes") on an event with an uncertain outcome with the primary intent of winning money or material goods.

Sounds ok, but now I don’t understand the differentiation between gambling and lottery, because gambling is prohibited by the law in my country, but there is state lottery

[straker]

I do not even know how to answer on this question, because it is a bit ridiculous. May be your country just wants less people to be involved in this activity. For example, in some countries all these games are absolutely illegal, but it is allowed in some administrative regions

I haven’t ever heard anything like that and would be very glad if you provide any example

[straker]

I do not even know how to answer on this question, because it is a bit ridiculous. May be your country just wants less people to be involved in this activity. For example, in some countries all these games are absolutely illegal, but it is allowed in some administrative regions

I haven’t ever heard anything like that and would be very glad if you provide any example

Gambling in China is officially illegal under Chinese law. In practice, however, Chinese people can participate in state-run lotteries and engage in legal gambling in the special administrative regions of Hong Kong and Macau, whose legal systems resemble those of European countries which formerly administered those regions

wow, this is very uncommonly, I suppose that it can lead to complete repeal of this prohibition act

[straker]

I would like to know a bit more about this non-profit model, because if the platforms has developers it means that the system will make money for those who hold it.