Correct us if we are wrong but we think that the main reason why anyone would want to gamble is the fact that they could win big fortunes quickly? It seems like many online casinos have totally forgotten that very simple aspect of gambling while they have obscure days long withdrawal times span. Thanks to the blockchain technology we can finally have full transparency in our gambling industry and this is the main drive behind CoinDirect's project. CoinDirect will be a decentralized casino fund management platform that will take care of the payouts automatically while having all of the bankrolls stored on the public ledger.
Benefits Of The CoinDirect's Fund Management Platform
Big start-up costs are one of the drawbacks whenever launching a casino, it does come from the complex infrastructure that current gambling industry has built. CoinDirect plans to speed-up your normal process by creating a platform which will allow developers to simply plug in and launch to the public while backing it with the trust of having sufficient operational funds since all of the records will be kept open for auditing on the public blockchain. Having full transparency removes any need for third-party auditing and therefore allows new casinos to either save on operational costs or channel these funds into the development of something else. The main potential of fund management platform comes from the fact that it is always in full control of the funds. This will remove any security concerns whenever joining a new casino since the funds are backed by the transparent blockchain platform. Anyone can go and audit that the funds are located where they are supposed to be. Close to non-existing gambling fees. Gambling itself comes with a negative edge when you are betting against the house, so why would you want to be losing even more due to the big network fees that could be charged whenever there is a backlog in the mempool? Due to necessity is one and only reason but here is where CoinDirect's platform will be revolutionizing the market with allowing their customers to transfer money around on the network for close to no fees. CoinDirect's Fund Management Platform will be supporting instant deposits and withdrawals while also allowing players to transfer money to other players accounts directly and instantly. We see this as being one of the main reasons why the majority of digital currency gamblers will be sticking to CoinDirect't platform-based casinos in the future.
CoinDirect ICO
CoinDirect is a Hong-Kong based company with the developing team of five. Official ICO was launched in the October of this year on the bitcoin network with the release of 6,500 tokens, crowdfunding is going to be held active until the August of 2017 and tokens issued will be used for voting power and dividend sharing.