 | RACOIN (RAC) |
RACOIN is a blockchain-based platform for the traditional gambling industry.
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What is RACOIN
RAcoin utility cryptocurrency powered by Ethereum smart contracts that is designed for use in both online and offline gambling.
RAcoin will allow customers to freely choose their preferred way to pay.
Each token holder that uses RAcoin for online or offline purchasing of services and goods in Palau World Casino and Hotel can participate in the operating jackpot powered by smart contracts.
RAcoin will be integrated into a number of top European gambling and betting services that are excited about the future or RAcoin and are looking forward to being part of collaborating on the utilization of RAcoin as an alternative method of payment in accordance with the law. In nine months RAcoin plans to circulate across the Palau World complex as an actual and profitable form of payment.
All the transactions including buy/sell transactions on exchanges that will be conducted via traditional options of smart contracts (transfer and transferFrom), will not reserve 1% for the jackpot account. RA Entertainment Inc. protects the interests of those RAcoin holders.
RACOIN Roadmap
Blockchain technology knowledge accumulation, learning, and development.
Gathering project team and marketing research. Online gambling development,
negotiation process with a number of casino companies on implementation of
blockchain technology including blockchain payment method. Preparation for official
company registration.
Registration of legal entity RA Entertainment Inc., preparation for Palau World
Casino and Hotel construction, cooperative game development and integration of
blockchain technology.
Preparation for RAcoin token sale, website launch, shipping construction materials
and labor force required for beginning construction on Palau.
RAcoin pre-sale stage.
RAcoin public token sale stage, start of construction.
RAcoin listing on exchanges, wallet software release.
RAcoin online casino launch. Token integration.
Marketing, continuation of Palau World construction and development of RAcoin
community, attracting customers, extending partnerships network.
The first stage of Palau World Casino and Hotel opening, attracting customers,
extending partnership network.
Founding of Palau World environmental protection department.
The second stage of Palau World Casino and Hotel opening, run extensive
advertising campaign.
Founding of hi-tech research center in Palau World, conducting studies of how
blockchain, AI, big data and robots can enrich entertainment, in particular, the
gambling industry.
Token Sale Dates
Presale Period
ICO
Token Allocation
Funding Details
Token distribution
25% - Main token sale
15% - Pre-sale
20% - Foundation
10% - Team
10% - Angel investment
10% - RA Entertainment Inc. Lab
5% - Advisors
4% - Bounty&Marketing
1% - Crowdsale jackpot
Funds allocation
65% - deposits for RAcoin infrastructure
15% - marketing and promotion
5% - software development
5% - cost for partners integration
6% - administrative costs
4% - legal costs
Token Price and Payment Options
Project team
Advisors
Social media
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