GIFCOIN - A VITALBET BACKED ONLINE REVOLUTIONARY GAMBLING INVESTMENT FUND
GIF - Gambling Investment Fund, started in Bulgaria with many casino and betting catalogs created for presentation to bookmakers and gambling websites, and in 3 months, had already bested revenue generated from previous affiliate (Amazon) websites. However, from the analysis of the monies that bookmakers make compared to what betting affiliate marketers generate, it was decided that owning a bookie will be very powerful and profitable. Further research was made on the amount of capital needed to form a proprietary betting site as well as the amount of operating money needed to pay players profit, and more.
Also analyzed and researched, is the market competition among betting websites weekly. Top companies that create fully functioning platforms with the necessary extras and functionalities for betting websites were enlisted by the end of 2014. The best offer in terms of price and customer support was chosen after enquiries were sent and offers compared. The chosen company explained to us the amount of money we needed, the best marketing and advertisement channels, how to improve the attractiveness of a bookmaker's affiliate program gradually, where to get licenses, as well as priceless advices, and they still continue to help us till this day. Eventually our betting website -VitalBet.com was formed and the first month was very challenging as we didn’t have much clients even though we had our banners on our betting catalogs in strategic positions. Nevertheless, our mistakes were realized after a brief research on the proper strategy for targeting, advertising and branding, thanks to the company that created our betting website. This correction benefitted us remarkably as at the beginning of the fourth month, 5000 active users were already gathered by us.
The large expansion of cryptocurrencies in 2017 prompted us to add Bitcoin to our site, enabling our players to use the most popular cryptocurrency -Bitcoin to bet as well as use it as a payment method (withdrawal and deposit). Our chief programmer started researching and studying the blockchain technology after the implementation of Bitcoin and in 2017 he shared with our team that we can create an ICO -Initial Coin Offering which will enable us collect capital that will help us upgrade our VitalBet brand further, thanks to Ethereum cryptocurrency and its smart contract. The collected capital will be used for aggressive advertising and marketing campaigns to raise our user base, leading to increased profit. We therefore decided to release an ICO in 2017 after deep research and analysis of the ICO market, and we believe that with the support of the public as well as our knowledge, we can achieve our aim of becoming one of the top 15 bookmakers in the world, thereby bringing huge profits to both us and the contributors.
SPORTS BETTING AND GAMBLING MARKET REVENUE
The global revenue of the gambling market in 2016 is $484 billion and this value is estimated to grow between 3% to 3.5% per year until 2020. The worldwide sports betting section in 2016 generated revenues of about $212 billion and this section shows a huge growth potential. Sports betting is the largest segment of the world gambling market in terms of revenue and its share is expected to grow from 44.5% in 2017 to 46% by 2020.
The global revenue of the gambling market in 2016 is $484 billion and this value is estimated to grow between 3% to 3.5% per year until 2020. The worldwide sports betting section in 2016 generated revenues of about $212 billion and this section shows a huge growth potential. Sports betting is the largest segment of the world gambling market in terms of revenue and its share is expected to grow from 44.5% in 2017 to 46% by 2020.
FEATURES OF GLOBAL ONLINE SPORT BETTING MARKET
• Seasonality of most sports
• Large market size and top growth phase
• Big initial costs for entering new markets
• Illegal nature of sports betting in a number of Asian countries
• Large market share is credited to few sports like horse racing, soccer, basketball, greyhound racing and cricket.
• Seasonality of most sports
• Large market size and top growth phase
• Big initial costs for entering new markets
• Illegal nature of sports betting in a number of Asian countries
• Large market share is credited to few sports like horse racing, soccer, basketball, greyhound racing and cricket.
AN OVERVIEW OF THE VITALBET BETTING SITE
With VitalBet, gambling can be done at any time and place in the world, through its modern IT solutions that allows sports events betting and other gambling games, online, thereby making betting very simple, safe, and acceeible for everyone. VitalBet is an online betting website that is fully operational, which was launched in mid-2015 after investing significant efforts in marketing research, programming and technology research. It incorporates all major sports for online betting, as well as casino, eSports, and virtual sports. The fact that we offer cryptocurrency payments with Bitcoin for betting and payments (deposits and withdrawals), makes us exceptional in comparison with other bookies. Funding through the ICO will enable us to add all major cryptocurrencies as betting options and payment methods, thereby making us further exceptional in the industry of online betting. Extras like Sports Events Wagers, IN-Play Bets, Casino, Live Casino, eSports, Virtual sports, Livestreaming (coming soon), also exist on VitalBet.
With VitalBet, gambling can be done at any time and place in the world, through its modern IT solutions that allows sports events betting and other gambling games, online, thereby making betting very simple, safe, and acceeible for everyone. VitalBet is an online betting website that is fully operational, which was launched in mid-2015 after investing significant efforts in marketing research, programming and technology research. It incorporates all major sports for online betting, as well as casino, eSports, and virtual sports. The fact that we offer cryptocurrency payments with Bitcoin for betting and payments (deposits and withdrawals), makes us exceptional in comparison with other bookies. Funding through the ICO will enable us to add all major cryptocurrencies as betting options and payment methods, thereby making us further exceptional in the industry of online betting. Extras like Sports Events Wagers, IN-Play Bets, Casino, Live Casino, eSports, Virtual sports, Livestreaming (coming soon), also exist on VitalBet.
VITALBET USAGE
All popular fiat payment methods (Debit/Credit Cards, VISA and MasterCard, E-wallets, Skrill, Paysafecard, Sofort, etc.), as well as Bitcoin, were added on the VitalBet site. We plan to allow bettors to use other major cryptocurrencies such as Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash (DASH), etc., thereby attracting more bettors. This will help us contribute to the development of cryptocurrencies as a payment and betting medium as well as broaden our client base. Allowing the use of cryptocurrencies in our platform will require the use of blockchain technology so as to ensure maximum user security.
All popular fiat payment methods (Debit/Credit Cards, VISA and MasterCard, E-wallets, Skrill, Paysafecard, Sofort, etc.), as well as Bitcoin, were added on the VitalBet site. We plan to allow bettors to use other major cryptocurrencies such as Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash (DASH), etc., thereby attracting more bettors. This will help us contribute to the development of cryptocurrencies as a payment and betting medium as well as broaden our client base. Allowing the use of cryptocurrencies in our platform will require the use of blockchain technology so as to ensure maximum user security.
VITALBET SECURITY
The following achievements will help show that we are serious about the security of our customers;
• We regularly undergo security audits
• No penny has been lost by our users from hacker attacks
• VitalBet provides honest bets without any hidden restrictions
• We have not experienced any serious failures since the launch of the VitalBet platform
The following achievements will help show that we are serious about the security of our customers;
• We regularly undergo security audits
• No penny has been lost by our users from hacker attacks
• VitalBet provides honest bets without any hidden restrictions
• We have not experienced any serious failures since the launch of the VitalBet platform
ONLINE GAMBLING PLATFORM COMPETITION
There is a very high level of competition as well as presence of many powerful multinational bookmakers in online gambling, and VitalBet is currently among the top 100 bookies and is ranked 71st according to Alexa betting sites traffic ranking. Notwithstanding, we believe that we will overtake our competitors through the raised capital from the ICO, thereby providing the most efficient online betting platform in the world.
There is a very high level of competition as well as presence of many powerful multinational bookmakers in online gambling, and VitalBet is currently among the top 100 bookies and is ranked 71st according to Alexa betting sites traffic ranking. Notwithstanding, we believe that we will overtake our competitors through the raised capital from the ICO, thereby providing the most efficient online betting platform in the world.
VITALBET FUTURE BETTING MARKET EXPANSION
The following 15 countries have been outlined as the most promising online betting markets;
• Ireland
• Czech Republic
• Norway
• France
• Sweden
• Germany
• Italy
• Spain
• Greece
• Canada
• Denmark
• Japan
• United Kingdom
• USA
• Russian Federation
The following 15 countries have been outlined as the most promising online betting markets;
• Ireland
• Czech Republic
• Norway
• France
• Sweden
• Germany
• Italy
• Spain
• Greece
• Canada
• Denmark
• Japan
• United Kingdom
• USA
• Russian Federation
GIFCOIN ICO FUNDAMENTALS
Note that, from the beginning of 2018 GIF tokens will be available for purchase by the public, and investors can purchase any volume of GIF Tokens within the offered volume of issued GIF Tokens, based on their availability, at a minimum price of 0.01 ETH. No maximum limit.
Note that, from the beginning of 2018 GIF tokens will be available for purchase by the public, and investors can purchase any volume of GIF Tokens within the offered volume of issued GIF Tokens, based on their availability, at a minimum price of 0.01 ETH. No maximum limit.
GIF TOKEN DISTRIBUTION
80% - ICO
8% - Pre-ICO
9% - Founders
3% - Pr, Bounty, Advisors
80% - ICO
8% - Pre-ICO
9% - Founders
3% - Pr, Bounty, Advisors
GIF TOKEN USAGE
50% - Advertising
8.3% - legal
4.2% - Management
16.7% - Marketing
20.8% - Bank
50% - Advertising
8.3% - legal
4.2% - Management
16.7% - Marketing
20.8% - Bank
ROADMAP
• After the ICO has successfully ended, our Legal Department will create a new joint-stock company to guarantee your rights to shares from the new company. VitalBet will be part of this new company.
• After the success of the ICO campaign, we will be able to expand the Team with New, Highly-skilled Professionals, which will help us for the quick growth and development of the project.
• We'll immediately start working on the New Design of the website, which will help us to better entertain the current and new customers with the best user-friendly experience.
• After we finish and release the new design, we will create the smartest and most innovative Mobile App in the betting industry, which will help us to engage with many new users.
• Entire new update of the Affiliate Program – with the most attractive promotions and commissions in the betting industry.
• We will add all popular Cryptocurrencies as Betting Options and Payment Methods (deposits and withdrawals), which will make us stand out from the competition in the gambling niche.
• After we successfully enhance and upgrade our betting platform, it will be time to further popularize and establish the Brand VitalBet, using the most sophisticated marketing campaign techniques.
• Parallel to the marketing campaign, we will start an Advertising Campaign in strictly targeted channels used ONLY for the promotion of betting platforms and gambling companies.
• We will apply for Licenses in the most attractive countries, which have strict requirements and regulations, so that we can freely and legally operate on their already developed markets.
• After accomplishing all previous goals, we will release another major update - VitalBet v.2.0 - with many new extras and functionalities, which will make the website one of the most appealing to gamblers worldwide.
• When we start the initial waves of the marketing and advertising campaigns, we expect the users to grow exponentially at a very rapid pace. Our expectations are to reach 100% user growth in the first month, and 500% in the first six months.
• After the ICO has successfully ended, our Legal Department will create a new joint-stock company to guarantee your rights to shares from the new company. VitalBet will be part of this new company.
• After the success of the ICO campaign, we will be able to expand the Team with New, Highly-skilled Professionals, which will help us for the quick growth and development of the project.
• We'll immediately start working on the New Design of the website, which will help us to better entertain the current and new customers with the best user-friendly experience.
• After we finish and release the new design, we will create the smartest and most innovative Mobile App in the betting industry, which will help us to engage with many new users.
• Entire new update of the Affiliate Program – with the most attractive promotions and commissions in the betting industry.
• We will add all popular Cryptocurrencies as Betting Options and Payment Methods (deposits and withdrawals), which will make us stand out from the competition in the gambling niche.
• After we successfully enhance and upgrade our betting platform, it will be time to further popularize and establish the Brand VitalBet, using the most sophisticated marketing campaign techniques.
• Parallel to the marketing campaign, we will start an Advertising Campaign in strictly targeted channels used ONLY for the promotion of betting platforms and gambling companies.
• We will apply for Licenses in the most attractive countries, which have strict requirements and regulations, so that we can freely and legally operate on their already developed markets.
• After accomplishing all previous goals, we will release another major update - VitalBet v.2.0 - with many new extras and functionalities, which will make the website one of the most appealing to gamblers worldwide.
• When we start the initial waves of the marketing and advertising campaigns, we expect the users to grow exponentially at a very rapid pace. Our expectations are to reach 100% user growth in the first month, and 500% in the first six months.
TEAM
Krasimir Popov - Founder & CEO
Svetoslav Dimitrov - Branding expert
Trifon Boyukliyski - Marketing expert
Zhivko Nikolov - Blockchain developer
Todor Nikolov - Back-end developer
Krasen Hristov - Front-end & UIX
Valentin Milenov - Betting odds expert
Ivailo Petrov - Esports expert
Krasimir Popov - Founder & CEO
Svetoslav Dimitrov - Branding expert
Trifon Boyukliyski - Marketing expert
Zhivko Nikolov - Blockchain developer
Todor Nikolov - Back-end developer
Krasen Hristov - Front-end & UIX
Valentin Milenov - Betting odds expert
Ivailo Petrov - Esports expert
For more details on our project, and to connect with other participants worldwide, please feel free to click on any of the following links.
Website: https://www.gifcoin.io/
Whitepaper: https://www.gifcoin.io/GifCoin-WhitePaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=2821146.0
Telegram: https://t.me/gifcoin
Twitter: https://twitter.com/gifcoin_io
Facebook: https://www.facebook.com/gifcoin.io
Website: https://www.gifcoin.io/
Whitepaper: https://www.gifcoin.io/GifCoin-WhitePaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=2821146.0
Telegram: https://t.me/gifcoin
Twitter: https://twitter.com/gifcoin_io
Facebook: https://www.facebook.com/gifcoin.io
Author by: Thomas_sugiarto
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