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RACOIN (RAC)

ICO
RACOIN bounty

RACOIN is a blockchain-based platform for the traditional gambling industry.

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Overview

Project industryGambling & Betting
Product typePlatform
WhitepaperRACOIN White Paper Open

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.

Details

Pre-sales: Mar 26, 2018 - Apr 02, 2018
Public sales: Apr 28, 2018 - May 28, 2018
Pre-sale token supply: 3000000000
Token supply: 3000000000
Raised: 27,740,932 USD

Bounty

Bounty: 4%
Translation: 10%
Social media: 75%
Bitcoin talk signature campaign: 10 %

Token info

Ticker: RAC
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 RAC = 0.0068306 USD
Token price in ETH: 1 Token = 0.000010 ETH
Accepted currencies: ETH, BTC
Bonus program:
Pre-sale discounts:
100–500 ETH: +30% of RAC
501–1000 ETH: +40% of RAC
1000 ETH and more: +50% RAC
Token sale discounts:
1–50 ETH: +5% of RAC
50–100 ETH: +10% of RAC
100 ETH and more: +25% RAC
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

RACOIN Roadmap

1
2016

Blockchain technology knowledge accumulation, learning, and development.

2
2017

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.

3
January 2018

Registration of legal entity RA Entertainment Inc., preparation for Palau World
Casino and Hotel construction, cooperative game development and integration of
blockchain technology.

4
February 2018

Preparation for RAcoin token sale, website launch, shipping construction materials
and labor force required for beginning construction on Palau.

5
March 2018

RAcoin pre-sale stage.

6
April 2018

RAcoin public token sale stage, start of construction.

7
May 2018

RAcoin listing on exchanges, wallet software release.

8
June 2018

RAcoin online casino launch. Token integration.

9
3Q 2018

Marketing, continuation of Palau World construction and development of RAcoin
community, attracting customers, extending partnerships network.

10
4Q 2018 -1Q 2019

The first stage of Palau World Casino and Hotel opening, attracting customers,
extending partnership network.

11
2Q 2019

Founding of Palau World environmental protection department.

12
3Q - 4Q 2019

The second stage of Palau World Casino and Hotel opening, run extensive
advertising campaign.

13
1Q - 2Q 2020

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.

Project team

Michelle Prochnowa
Michelle Prochnowa
COO
Michelle Prochnowa linkedin
Ross Clarke
Ross Clarke
CTO
Ross Clarke linkedin
Eric Song
Eric Song
Head of Marketing
Eric Song linkedin
Eugene Potemskyi
Eugene Potemskyi
Lead Developer
Eugene Potemskyi linkedin
Alex Kosenko
Alex Kosenko
Managing Partner
Alex Kosenko linkedin
Alex Gusev
Alex Gusev
CEO
Alex Gusev linkedin

Advisors

Alexander Gandzha
Alexander Gandzha
Advisor
Alexander Gandzha linkedin
Anton Vokrug
Anton Vokrug
Advisor
Anton Vokrug linkedin
Yuliya Chashchina
Yuliya Chashchina
Advisor
Yuliya Chashchina linkedin
Dmitry Tomchuk
Dmitry Tomchuk
Advisor
Dmitry Tomchuk linkedin
Elena Khlevnaya
Elena Khlevnaya
Advisor
Elena Khlevnaya linkedin

Social media

RACOIN web-siteRACOIN RedditRACOINYouTubeRACOIN TelegramRACOIN BTCTalkRACOIN LinkedInRACOIN X (Twitter)RACOIN Facebook

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