ICO Project Robinhood Casino (RHC)
Tokensale Start: 02/09/2019
Tokensale Finish: 02/01/2020
Robinhood Casino is a project that provides users of online casinos using Blockchain technology. Users can use video chat to chat with friends while playing blackjack. Also, users will be able to act as a dealer and receive rewards. In addition, users will be able to evaluate the work of the dealer and leave feedback on the platform.
Business Model Overview Robinhood Casino (RHC)
1. The validity of income
The main source of income for the project are fees levied by dealers. The Robinhood project will charge a commission of 30% of the dealers' profits in poker, blackjack and other gambling. Dealers will be able to earn from $ 34 to $ 49 per hour. The project team will also pay dividends to token holders in proportion to the number of their tokens.
2. Number of currencies accepted
The project accepts such liquid currencies as: BTC, ETH, LTC, USD, BCH, XRP, DASH, USDT, BNB, TRX, XTZ, ADA, BAT.
3. Token emission
The project has a limited number of tokens. A total of 10 000 000 RHC tokens will be issued.
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 25% (p. 14 White Paper).
The technological map of the project indicates its goals until 2022. The distribution of tokens will be as follows: 50% - “Reserved tokens for public sale”, 11% - “Reserve”, 11,5% - “Development team”, 14% - “Founders”, 8,5% - “Legal expenses” , 5% - “Project Advisers”.
6. SOFT CAP / HARD CAP Ratio
The project has an excellent SOFT CAP / HARD CAP ratio, which positively affects its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 368 883 and $ 848 505, respectively (p. 18 White Paper).
7. MVP availability
The project does not have a developed MVP.
8. Risk assessment and insurance
The form of the tokensale is Security Token Offering (STO), which means providing sequrity tokens with assets, profit and cash flow. In addition, STO complies with investor protection laws and securities regulations. This increases corporate responsibility, reduces the likelihood of unfair behavior in the market and protects the rights of investors, which favorably affects the investment attractiveness of the project.
Criteria of accordance to the international standards of business-planning of UNIDO and EBRD