Rabu, 25 April 2018

MOSCoin - The 1st Decentralized Stock Market Lottery


WHAT IS MOSCOIN ALL ABOUT?

Moscoin is an initiative by its founder Alexander Mittler that offers a completely decentralized stock market-based lottery platform to its users in order to ensure a transparent and bias-free fun and fair game environment. It is based on Blockchain technology, which manages and settles transactions on peer to peer basis and eliminates the need for an authoritative figure.
What makes Moscoin different from other lottery platforms is their futuristic and magnificent idea of introducing a smart contract that will make sure that each player’s bet, the end results of each game and money put at stake by them is not manipulated by any other third parties and can be accessed anytime by checking each player’s ledger of transactions.

HOW DOES IT WORK?

In order to place a bet, users will need to sign up on Moscoin’s website and take part in the token sales as, without purchasing tokens, it is impossible for a user to place his/her bet. After that, users can choose to participate in the first to eighth digit number games and can select any number of their choice having digits 0 to 9. The amount won by users will obviously depend upon how much they put at stake. Generally; the more you bet, the more prize money you can win.

THEIR VISION

Moscoin was first developed to ensure a free, fair and transparent lottery system which is not only fun to play, but is revolutionary in the terms of technology as well and changes the way people around the globe bet. In Moscoin, the winning numbers are taken directly from popular stock exchanges of the world like NASDAQ, NYSE, and FTSE which eliminates the need for any third party that can temper these numbers or fixes the game.
To implement their vision, the company will be launching its initial coin offering in order to issue MOS tokens on the public Blockchain. Apart from that, these tokens will be issued during the private sales later as well. The holders of MOS tokens will be entitled to a fixed share of MOS Lottery’s monthly gross profits, which will be distributed to them in the proportion of tokens that they hold in their respective accounts.

THEIR TEAM

Moscoin has Alex Mittler as its CEO who has founded and co-founded many successful ventures and startups such as SmartPilot GmbH (which is also his most famous startup till date and the one that he is well-known for), which has been a hit in the German car racing market owing to its fine working and innovative technology in the past. Apart from that Alex worked at Dell and Apple before at good managerial positions prior turning into an entrepreneur himself.
Other than Mittler, Moscoin’s core team consists of Prof. Dr Atanas Hristov as its CTO, Aleksandar V. Ribak as its CMO, Hans Roessler as the technology head, Kanat Tulbassiyev as the Blockchain advisor and Andry Kulikovskiy, Simon Wajcenberg and Charlie Faulkner as the marketing Advisors.
Token offering and ICO
The token is denoted by the name MOS and it will be a cryptocurrency based on Ethereum ERC20 Standard and used for placing bets in the MOS Lottery. It is not a security token, but a utility token used for all transactions within the ecosystem. The cost of 1 token is 0.01 USD. The MOS Lottery Initial Token Sales is divided into three parts the Private Sale for 1 - 2 Months, Pre-ICO for 1 -2 Months and ICO: 1 - 3 Months.
Majority of the MOS Tokens will be offered during the private sale, pre-ICO and ICO. Their bonus program is limited to 500,000,000 MOS Token. In order to ensure that other users have the opportunity to participate in the bounty program, they have set the maximum eligible reward to 1,000,000 MOS Token.
Conclusion
They have a multidisciplinary team that merges deep learning in online lottery, blockchain technology and product development with entrepreneurial spirit and corporate professionalism. Their company has been performing consistently well in all aspects since their inception and have overcome many challenges to be where they are right now.
AUTHORSHIP BY rezqiano
My Bitcointalk profil : https://bitcointalk.org/index.php?action=profile;u=1271152

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