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The GIF in GIFcoin

The GIF in GIFcoin stands for Gambling Investment Fund. This fund is backed by an already functioning betting website – VitalBet.com. Their aim is not to convince you that they are crafting something genius, like many ICOs declare. In fact, unlike the majority of other ICO campaigns, they already have a real working project. The idea of GIFcoin Initial Coin Offering (ICO) is to raise capital, which they have use to upgrade VitalBet’s gambling platform, as well as popularize and promote the VitalBet Brand on the most promising betting markets (countries). After they have completed all these steps, expect a large increase in VitalBet’s clients. As a result, they will share 80% of VitalBet’s net profits with their GIFcoin token holders on a yearly basis. As simple as that. Buying GIF Tokens from their ICO will enable Investors to participate in an existing and moneymaking business that is at the beginning of a long-term, sustainable growth.

Benefits

What makes us really stand out from the grand majority of other bookies is the fact that they offer cryptocurrency payments with Bitcoin – both for betting and payments (deposits and withdrawals). ONLY a few out of the TOP 100 bookmakers provide this option at the moment. Additionally, thanks to the funding through the ICO, they will add all major cryptocurrencies as betting options and payment methods, which will make us really stand out in the online betting industry.
In addition, besides digital currency payments and betting options, you will also get extras, such as:
– Sports Events Wagers
– IN-Play Bets
– Casino
– Live Casino
– eSports
– Virtual sports
– Livestreaming (coming soon)

Future Betting Market Expansion

Their team performed a very comprehensive marketing research. As a result, it outlined 15 of the most promising markets for online betting to enter. The listed countries below allow legal, online, non-monopolized betting, and comprise approximately 65% of the global online betting market. On the basis of the profound market research, their comprehensive study has come to the following prediction. Depending on the amount of money raised during the ICO, investments into each country of expansion will take place successively, from 2017 to 2020.

The Gambling and Sports Betting Market

On a global scale, gambling is an enormous market whose revenues in 2016 were $484 billion. It is estimated to grow from between 3% to 3.5% per annum until 2020, with general positive short-, mid-, and long-term trends. In 2016, the sports betting segment worldwide made around $212 billion in revenues, and shows a very high potential for growth.

ICO – GIF Token Distribution

ICO Period TO BE ANNOUNCED SOON
GIF Tokens Issued 300,000,000 GIF Token
Bonuses 15% at Pre-Sale ICO launch

-The number of GIF Tokens issued will be 300,000,000.
– GIF Tokens will be issued by the GIF Token contract on the Ethereum Blockchain; the contract will utilize the ERC20 interface, a standard that has been recognized for tokens. It will enable the easy integration of the GIF cryptocurrency with different exchanges and wallets.
– Each Investor will be allowed the following number of GIF Tokens: bought GIF Tokens and a 15% bonus GIF Tokens during the Pre-Sale.
– The GIF Tokens will be immediately distributed to your ETH wallet after the purchase.
– GIF Tokens owned by the Company will be locked, during the period(s) of such ownership, to prevent the Company from receiving any bonuses. Collecting capital through the two traditional financing methods – debt and equity – seem to be expensive, time-consuming, or extremely risky. By using an Initial Coin Offering (ICO) as an alternative instrument for financing, they intend to gather funds in a faster and in a much less risky way. The raised funds will serve exclusively for the realization of their plans (see the Roadmap section above).

 

For more information,visit the Website or read the Whitepaper.

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