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We propose to create several socially networked client-side interactive engagements as replacements for casino-style money betting, that empowers users to make intelligent and conservative money decisions. Bouncy Coin will change the misaligned purchasing behavior of buying Lottery Tickets by introducing socially aware fun engagements that equates monetary success to winning small amounts of prizes over extended periods of time and where users create and manage their own risk.
In the Casino partner scenario, the Casino makes money when players lose and when players win. When a player wins a game, there is a slight fee taken out of the winnings. This fee is distributed to all non US-based BOUNCY token holders. Tokens pay a dividend every time *any* player wins although this dividend is not paid immediately. Every time a fee is collected it will be aggregated and distributed periodically by our smart
contracts. This distribution frequency will be configurable.
BouncyCoin's team members.
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