ICO Review: The Alive Casino

Aug. 13, 2018 | by Jake Bellos

 

 

Key Stats

•         Name/Token Symbol: Alive Casino (AL)
•         ICO Platform: Ethereum
•         Industry: Casino Gambling, Gaming, Entertainment
•        Price: $0.015 USD (current price for exclusive sale. ICO price is $0.09)
•         Soft Cap: $2 million
•         Hard Cap: $30 million
•        Number of Tokens: 1,000,000,000
•         Start Date: Nov 01, 2018
•         End Date: Dec 01, 2018
•         KYC:Yes
•         Website Url: https://aliveplaycasino.com
•        White Paper Url: https://aliveplaycasino.com/assets/doc/whitepaper.pdf



Overview

Following the advent of the internet, virtually everything is being moved online; from business to communication, e-commerce, news, and even gaming. Gambling has also found its way online, offering players a gaming experience that is similar to traditional offline systems. Online gaming and gambling has gained remarkable traction because it offers anonymity, favors comfort, and is also practical.

The online gambling market has grown by over $30 billion in the last ten years, moving from $20.51 billion to well over $50 billion. The industry is expected to increase up to $81.71 billion by 2022. Despite this possible potential and estimates, new technological developments may see the industry grow beyond what has been predicted.  

Product

The Alive Casino is a blockchain project that is aimed at harnessing the power of a distributed ledger in the online gaming industry. According to their website: “The Alive Casino is the world’s first cryptocurrency casino to offer a virtual reality [VR] gambling experience.” The gaming platform has been designed to seamlessly combine blockchain tech and the latest development in VR technology.

Gamers will have access to a wide variety of state-of-the-art games and a gaming experience that rivals the charm and interactivity of a physical one, as well as VR gaming. The gaming platform also boasts of remarkable security and privacy. By using RNG, gamers can become more confident and comfortable with the Alive Casino.

One of the key aspects of online gambling is the provability that a game is fair. The Casino guarantees a transparent gaming experience that features expansive access to a gamer’s statistics, as well as their personal reports.

Some of the games and features on the Alive platform includes a VR Casino, Live Casino, Poker, Sports-Book, Casino Suite, Skill Games, Virtual Games, Fantasy & Virtual Sports, and OGWIL.
 

Team

Alive Casino has a solid team with experience spanning across several fields; from entrepreneurship to blockchain. The team is made up of 9 members.

Pablo Gerboles is the CEO of the company. He has experience in sports (a professional golfer), business (one-time sales director in a family-owned business), and blockchain (business adviser for CoinDataDesktop). Other members of the team have experience in other industries, which brings a form of balance.

Roadmap

The ultimate goal of Alive Casino is to develop a fully decentralized network with in-house development, monitoring, and management of games, analysis, customer support, as well as other business processes.

With regards to their roadmap, upcoming events include a pre-ICO, ICO, and a testing phase of the platform, expected to take place in October this year. The company will also be officially launching its Casino while pursuing listings on exchanges in January 2019. Other noteworthy highlights include the kickoff development of new VR games, release of Hold Wallet, and creation of the Live Games Studio, amongst others.

Other Details

•    One of the exciting features of the Alive Casino is that 40% of quarterly profits will go to token holders. Token holders will at intervals receive either Bitcoin, Ether, USDT, or Alive Tokens directly to their wallets.

•    There is also an exclusive private sale of 100,000,000 AL at a 15% ETH BONUS. Investors that purchase tokens worth 50 ETH or more will receive a free VR headset.
 

 

Verdict

In the words of Pablo Gerboles, the CEO of the company, “First mover advantage matters a lot. Just like bitcoin was the first cryptocurrency, the Alive Casino is going to be the first online casino to integrate two of the fastest growing technologies”. This is one of the reasons I see this ICO doing well; they are the first company trying to combine blockchain and VR gaming.

Considering the enormous potential in the online gambling market, I believe Alive Casino will be one of those projects to look out for. The AR and VR market is expected to be over $200 billion by 2022. If the team is able to pull this off, which I believe they would, then the value of Alive tokens will increase.

 

My Score
9.0 / 10.0


Note:  This is purely based on my personal opinion and experience. You are responsible for every investment decision you make. As a rule of thumb, never invest more than you are willing to lose.