Gron Digital is a secure, transparent, auditable and fair Gaming Platform on the Blockchain for a multibillion dollar industry.
The gambling and betting market has a huge potential, but there are many factors that are affecting it negatively. The lack of trust because of prevalent fraud makes people hesitant about using betting platforms. Delayed transactions like withdrawals of funds due to transactions being operated by third parties. Little to no market competition translates to higher costs imposed by monopolistic betting companies.
The team at Gron Digital aims to improve the industry by building a gaming and betting platform – Blockchain-based and run by smart contracts. The goal is to create a platform free from human intervention. Blockchain will make all the transactions cryptographically verifiable and near instant.
Running on the Ethereum network, Gron will be utilizing smart contracts to ensure verifiable payout of the winnings to players. They will act as an autonomous trust agent on the platform where transactions are administered by cryptographically verifiable code with no human intervention.
With easy-to-audit and transparent transactions, players will not have to experience delays with payouts.
The Platform will be operated by a utility token, GRO. It will be used to pay out winnings, placing bets, receiving bonuses and rewards and more.
The team believes the Gron platform will make entry to gaming and betting easy for operators like developers, independent betting businesses, service providers, affiliates and so on. Anyone will be able to hire Gron to create their own gaming and betting platform or publish their services on Gron. In addition, the platform will offer a variety of pre-built open source modules and tools.
Gron will host a number of traditional platforms: online casinos, sports betting and lottery and pool betting.
Progress, token sale, and road map
The team started as a traditional casino gaming platform back in 2012. In 2016, the team realized the potential of blockchain and smart contracts in the betting industry and since 2017 have been hard at work transitioning into the cryptocurrency world.
As of April 2018, Gron Digital is still in early stages of development.
During the pre-ICO sale the team reached its soft cap of 1,200 ETH and raised 1,2 mln USD.
Public ICO Round 1 started 15 March, 2018, and will last till March 29. Total number of tokens to be issued during token sales: 570,000,000, currencies accepted: BTC, ETH.
The actual switching of their existing Sports Betting platform to a blockchain platform is planned for Q2 2018, when the first MVP will be offered too.
In Q3, the first game, Game of Skills, will be launched on Gron, followed by more games by the end of 2018.
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