WINSTARS is a decentralized gambling platform with a catalog of gambling resources, the core being built on Blockchain and smart contracts.
Pros:
- Transparency: The use of block chain technology in the gambling operators structure creates an absolutely transparent system hence preventing the blocking of players accounts or obstruction of the withdrawal process
- User friendly: the platform users are able to easily check their history of all bests, payments of wins in making a follow up of their bets due to the honesty of the operator hence building the users trust
- Low operational cost: The use of blockchain ensures that the platform operators and users enjoys the reduced operational and transaction costs enabling international expansion of the platform use
- Convenience: The users are able to exploit the platform services easily due to an extensive development of smart phones with internet access
- Bureaucratic optimization: The online gambling attracts many users as the operators don’t need to interact with a large number of state authorities and private organizations
- The project team is composed of professionals having the experience in the management of real projects in a traditional industry enabling the platform to obtain a proper strategic management in its implementation
- The platform white paper is elaborate giving the users the required information on the platform importance and the use of WINS token in making easy payments within the platform enabling the attraction of many user
CONS:
- The platform lacks a well developed mobile application supported by Android and IOS to enable remote users to access the platform easily
- The platform funds raised from the ICO are not secured hence can be easily lost
- The platform token value can easily depreciates due to fluctuations of the top most crypto currencies in the market
SUGGESTIONS:
- The platform should set a insurance representative to secure all the funds raised during the pre-ICO stage of the token
- The platform technical team should be develop a mobile platform that is easily supported by Android and IOs to enable the users in remote areas to easily access the platform
- The platform WINS token should be made easily exchangeable with the commonly used cryptocurrencies to prevent price fluctuation
NOTE:
The extensive growth of internet promote the use of platform which enables the users to access fair and transparent services with a reduce transaction cost through the use of block chain technology. This makes the project viable with a highly projected expansion across the globe promoting me to invest in it.
