INVEST IN GIFCOIN
This White Paper is a single legal document presented to
public in connection with GIFcoin's initial coin offer.
GIF in GIFcoin stands for Gambling Investment Fund. This fund
supported by a functioning betting site - VitalBet.com.
Our goal is not to convince you that we are making something genius, like many ICOs say it. Actually, unlike most other ICO campaigns, we already have a real work project.
The idea of Early Coin GIFcoin Offer (ICO) is to raise capital, which we will use to improve the VitalBet gambling platform, and popularize and promote VitalBet Brands in the most promising betting markets (countries). After we complete all of these steps, we expect a great increase in VitalBet clients. As a result, we will share 80% of VitalBet's net profit to our GIFcoin token holders annually. As simple as that.
Buying our GIF Token from ICO will enable Investors to participate in existing and money-making businesses that are the beginning of sustainable long-term growth.
It all started back in 2011 when we formed a small team, consisting of a web designer, an SEO master, a PPC expert, and a programmer. Instead of creating a studio for web design and marketing, we decided to start with our own project related to affiliate marketing.
Starting with Amazon affiliates, we went through affiliate program pills, affiliate software, and other affiliate programs, but we were not satisfied with the results.
After an in-depth analysis of the affiliate market, we found that the most profitable affiliate programs are betting and gambling.
Therefore, we decided to create a catalog of bets and casinos that offer gambling and gambling sites.
We started in our own country - Bulgaria - with some betting and casino catalogs. At the end of the third month, we have exceeded the revenue we earn from an established Amazon affiliate site. This makes us realize that we need to focus all our efforts and capital into betting stakes.
Six months later, we decided to enter the UK market - again with a catalog of affiliate bets. Month-on-month, we increased not only the number of catalogs but also the number of countries, which we entered, as well as expanding our business and profits.
By 2014, we've been very satisfied with what we've accomplished - both in terms of profit and knowledge. One night, we held a team meeting where we began to analyze how much money was made by the bet. On the basis of what we've earned as affiliate marketer bets, we come to the conclusion that being a city owner is something very profitable and powerful.
We decided to do further research on the amount of capital we had to make to create our own betting sites, how much money we needed to pay players for profit, etc.
After extensive research and market competition analysis among the betting sites, by the end of 2014 we have listed the top companies that created a fully functional platform for the betting site, with all the necessary extras and functionality. We post questions, compare offers, and choose the best deals not only in terms of price but also in terms of customer support.
The company help we selected was amazing. They explain to us how much money our operations need, the best channels for marketing and advertising, and how to increase the appeal of affiliate betting programs in stages. They told us to get a license from where. They also gave us invaluable advice and today, they are still helping us.
The first month of our betting site - VitalBet.com - is quite challenging. We do not have many clients even though we have put banners in our betting catalog in key positions. However, after a short study, we realized our mistake and thanks to the company that created our betting site, we built the right advertising, branding, and targeting strategies. Things start to happen in the next few months, and this happens pretty quickly. At the beginning of the fourth month, we have accumulated more than 5,000 active-client users, which greatly motivated us, especially after the first month of disappointment.
In early 2017, we began to notice broad crypto extensions so we decided to add Bitcoin to our site. Since then, our players can use the most popular crypto not only as a method of payment (deposit & withdrawal) but also to bet with it. This Bitcoin implementation further motivates our main programmers to begin researching and studying Blockchain technology and digging deeper into the crypto world.
In mid-2017, he shared with our team that thanks to Double Ethereum crypto and their Intelligent Contracts, we were able to make Initial Coin Offering (ICO) to raise capital to increase and enhance our VitalBet brand. The capital we collect will be used for aggressive marketing and advertising campaigns to increase the user base, which will result in increased profits.
After conducting in-depth research and analysis of the ICO market, in November 2017, we decided to release ICO and share our ideas with you. With your support and trust, and with our knowledge and knowledge, we are confident of achieving our goal of getting into the top 15 bets around the world, which will bring huge benefits to you and us. According to our research and analysis, each of the top 15 bets in the world earns an annual income of $ 800 + million ...
Now is the time to act.
We believe that life should be a fun and enjoyable experience, and we love sports. For this reason, our team is working hard to create a truly unique online bet experience.
Our core product is the pleasure of online gambling any time and anywhere in the world. In short, we produce modern IT solutions to enable people to bet online in their favorite sports and gambling games. Our goal is to convert the bet into a simple, safe, and accessible activity for each user.
VitalBet is a fully operational online betting site. After making significant efforts, investing in marketing research, programming and technology research, we launched www.VitalBet.com in mid 2015, covering all major sports for online betting, as well as casinos, eSports, and virtual sports.
Benefits
What makes us really stand out from the vast majority of other bookies is the fact that we offer cryptococcal payments with Bitcoin - both for bets and payments (deposits and withdrawals).
ONLY some of the TOP 100 bets provide this option at this time. In addition, thanks to funding through ICO, we will add all major crypts as betting options and payment methods, which will make us really stand out in the online gambling industry.
In addition, in addition to digital currency payments and betting options, you'll also get extras, such as:
- Sports Events Wagers
- IN-Play Bets
- Casino
- Live Casino
- eSports
- Virtual sports
- Livestreaming (coming soon)
Usage
We include all the popular betting payment methods in the industry (Debits / Credit Cards - VISA and MasterCard - and E-wallets - Skrill, Sofort, Paysafecard, etc.), and we also add the most popular cryptocurrency - Bitcoin.
Our plan is to attract more bettors by letting them use major cryptoes, including Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Dash (DASH), and more.
Thus, we will not only expand the reach of our clients, but also contribute to developing cryptooris as an instrument for payment and gambling. As expected, this new feature will use Blockchain technology to ensure maximum security for every user, and make the gambling experience more exciting.
Simplicity
Very often, betting sites have intricate designs, which burden the user. Our plan is to make the most attractive minimalist design ever made. On our innovative platform, users will see and only use the functions that really contribute to a fun bet.
Keamanan
Customer security - both in terms of money and personal information - is a top priority for us. To prove it, we are proud to share with you VitalBet Achievements:
- Since the platform was launched, we have not done it seriously
- We regularly undergo security audits.
- Not a single dollar has been lost by our users due to hacker attacks
- VitalBet gives an honest bet without any concealed restrictions.
Selected Company Data
We're happy to share with you some of our most important KPIs to record our general performance over the past year.
Future Betting Market Expansion
Our team conducts a very comprehensive marketing research.
As a result, it outlines the 15 most promising markets for online betting to enter.
The countries listed below allow legal, online, non-monopoly betting, and cover about 65% of global online betting markets.
On the basis of in-depth market research, our comprehensive research comes to the following predictions. Depending on the amount of money collected during ICO, investments into each country will take place in a row, from 2017 to 2020, as follows: ...
Future Betting Market Expansion
The Gambling and Sports Betting Market
On a global scale, gambling is an enormous market whose
revenues in 2016 were $484 billion. It is estimated to grow from
between 3% to 3.5% per annum until 2020, with general positive
short-, mid-, and long-term trends.
In 2016, the sports betting segment worldwide made around $212
billion in revenues, and shows a very high potential for growth.
Gambling market revenues, billion $
By revenue, the largest segment of the world gambling market is
sports betting, and its share is increasing. Its expected growth is
from 44.5% in 2017 to 46% by 2020.
The Gambling and Sports Betting Market
These high revenue shares are due to the superior bets in the
market in comparison with the wagers placed via lotteries and in
casinos, as well as owing to the increasing authorization and
legalization of sports betting online, allowing users to place bets
from any corner of the globe.
With an ever-expanding internet-using population and a growing
legalization of online sports betting in numerous countries,
counting the U.S.A., this market segment will experience a
substantial growth in the upcoming years.
Global online sports betting market revenues, billion $
The Gambling and Sports Betting Market
The following features typically characterize the global online
sports betting market:
Large market size and top phase of growth.
Seasonality of most sports - high season during world sports
events (FIFA World Cup, for instance) or low season during the
summer.
Big initial costs for entering new markets, mainly owing
to expensive licensing and costly promotion campaigns.
The large market share is attributed to a limited number of sports,
such as soccer, horse racing, basketball, cricket, and greyhound
racing.
Illegal nature of sports betting in a number of Asian countries ,
including the enormous markets of China, India, Hong Kong, and
South Korea; the entire market of sports betting is $1.5+ trillion, out
of which legal betting (check the figure above) represents less
than 20% of the total revenue.
Competition
We acknowledge the extremely high level of competition in online
gambling, as well as the presence of many powerful,
multinational bookmakers.
Currently, VitalBet is in the TOP 100 bookies (71st place),
according to Alexa betting sites traffic ranking.
However, we believe that thanks to capital raised from the ICO,
we will be able to enter the TOP 15 bookmakers in the world by
2020.
We will overtake our competitors by providing the world's most
efficient platform for online betting, in addition to the other
cutting-edge advantages discussed in our Roadmap below.
TEAM
Twitter:https://twitter.com/gifcoin_io
Facebook:https://www.facebook.com/gifcoin.io
Telegram:https://t.me/gifcoin
ETH:0x5F53C937FD1cc13c75B12Db84F61cbE58A4a255e
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