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GIF – Gambling Investment Found

Samantha Mitchell

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GIF coin

What you Need to Know

The first three letters in GIFcoin are abbreviations that are used to mean Gambling Investment Fund {GIF}. GIFcoin is the first of this kind that has tver been launched to cater for the virtual currency.

The fund is entirely supported by VitalBet.com, a website that was designed long before the idea of GIFcoin ICO was initiated. Unlike other Initial Coin Offerings, GIFcoin is expected to be one of the most genius ICO campaigns that have ever been witnessed in the financial market. The main idea behind the creation of GIFcoin ICO {Initial Coin Offering} is to solicit funds that will be later used in upgrading the main platform for VitalBet. This is the only way this website will be able to attract a huge number of clients from other countries that haven’t yet joined the bandwagon.

When this happens as planned, 80% of the net profit that this campaign will raise shall be shared amongst the token holders of GIFcoin within a period of one year. When the GIFcoin customers purchase GIF tokens from the planned ICO campaign, they will be able to take part in a continuing and profitmaking venture that will just mark the start of sustainable and long-term growth.

gifcoin tokenThe Token

Token Type – GIFcoin
Presale Start on – February 22nd from 08:00 AM {UTC}
Sale Ends On – March 15th from 12:00 AM {UTC}
Maximum Purchase – No Limit
Minimum Purchase – 0.01 ETH
Price – 1 ETH = 10,000 GIF
Total Supply – 300,000,000 Tokens available
ICO Phase 1 – Begins in February 2018
ICO Phase 2 – Begins in March 2018
Platform – Ethereum

Website  |  Whitepaper | Product

 

Why GIFToken Initial Coin Offering?

Growing at a fast speed and keeping up with the competition currently seen on the market is not as easy as one would think. VitalBet.com, which is the main support site for GIFToken would need a lot of things to let this happen. But key among them would be the initial capital for new functionality and design, an expansion of the county market, creating and launching of a functional mobile application, without forgetting serious advertising and marketing campaigns. Collecting funds using the two old-fashioned avenues; equity and debt appear to have grown not only risky but also time-consuming and very expensive. An Initial Coin Offering {ICO} is an alternative tool for collecting funds in a manner that is not only faster but also carries no risks.

GIFToken ICO plans to use the collected funds from the Initial Coin Offering campaign to achieve some of the plans it has for its consumers {as explained later in this article}. Those who shall have invested in the ICO campaign will get a reward at the end of the process. As a matter of fact, 80% of the yearly net profits will be set aside to reward the investors.

The Purchase of GIF Tokens

As earlier explained, members of the public are allowed to participate in the purchase of the GIF Tokens, a process that began at the beginning of 2018. Although the company has all the rights to change the period of the Initial Coin Offering, the first phase has been scheduled to begin on the 22nd day of February 2018.
Customers would only be allowed to purchase the token through ICO’s website, which is VitalBet.com. Investors are free to buy any volume of the token as long as it is within the provided volume of the issued GIF tokens.

Whereas there is no maximum payment limit, the minimum payment for these tokens is 0.01 ETH. At the moment, there are no fiat currencies that can be used to purchase the GIF Tokens. Investors can use Ethereum, which is one of the leading virtual currencies in the market currently, and also BTC and LTC, this is awesome because usually companies accepts only ETH!

The Distribution of the GIF Token

GIFcoin Distribution

 

As explained in the introductory part, the total number of GIF tokens is 300,000,000. All these tokens will then be issued by the GIF Token contract that is built on the Ethereum cryptocurrency blockchain.

To work effectively, this contract will apply the ERC20 interface, since it is the only standard that can work best for the tokens. This will allow seamless integration of the GIF virtual currency with a number of wallets and exchanges. For any investors who will purchase these tokens during the pre-sale period {running from February 22nd to March 15th}, they will be rewarded a 30% bonus GIF tokens.

After the purchase has been made, the GIF tokens will then be distributed to the consumer’s Ethereum wallet. The company will lock all its GIF tokens as soon as the pre-sale period kicks off. This move will be undertaken to prevent it from getting any bonus that should only be given to the consumer.

In the process of profit share, there are two main phases that are involved. The first stage would involve obtaining the right data concerning the distribution of the GIF tokens among the users. This is what is known as a profit share report.

The second stage would involve sharing the profit of the company among the token holders in the event that will happen once in a year. To ensure that all the consumers receive their share, a smart contract for the profit share distribution will be used. The Smart Contract for profit share distribution has been mainly created to assist in distributing the profits to the holders of the token. It will be done strictly according to the shares that they have. As explained earlier, the Ethereum cryptocurrency will be used for all kind of payments. The share of the profit will only be deposited to the addresses that have the GIF Tokens in them, after having been confirmed with the Blockchain snapshots.

The GIFcoin tokens that shall not have been distributed during the Initial Offering Campaign will be destroyed or burned.

Recommended Wallets for ETH

Again, it is important to note that consumers will only be allowed to purchase tokens using Ethereum during the GIFcoin Initial Offering Coin campaign. One of the compatible wallets for this activity is the MetaMask, which is an add-on for the Chrome browser. The other recommended wallet is MyEtherWallet, which will work perfectly well without any download.

Users are however, advised not to use any of the following wallets for taking part in the GIFcoin token distribution: Coinbase, Exodux, Poloniex, Bitstamp, Kraken, Bittrex, Bitfinex, Jaxx, and Cex.io. Sending of funds or general participation of the GIFcoin ICO should not be done using any of the mentioned exchanges.

 

More About VitalBet.com

Life is intended to be an exciting and fun experience, especially for those who love sports. Based on this mantra, the professional team at VitalBet has come up with a professionally designed website that will give its consumers a totally special experience when it comes to online betting.

In most instances, Initial Coin Offerings normally sell ideas, but GIFcoin works a bit differently. The dedicated team at GIFcoin did all they could to come up with a truly functional project. VitalBet.com is an already working project, and this is one of the things that set it apart from other projects.

Being a wholly functional and licensed gambling website, VitalBet has been designed with all of the widely-known industry features like live casino, sports betting, IN-play betting, virtual sports, casino, and e-sports. This site has been in the forefront for creating latest and upgraded tools that enable millions of online consumers to do several tasks online like betting or gambling over the Internet.

VitalBet was created in 2015, after serious efforts in programming and technology research and a heavy investment in marketing research. But one thing that sets this site apart from most bookmakers is that they provide cryptocurrency payment with Bitcoin.

Customers can confidently deposit and withdraw funds using this leading virtual currency. To add on that, courtesy of the ICO funding, VitalBet plans to bring on board other major virtual coins as methods of payment and options for betting.

Usage

One thing that makes this website stand out from the other websites providing similar services is the fact that they provide virtual currency payments. The cryptocurrency that is currently used for betting and payments is Bitcoin. At the moment, just a handful of the leading bookmakers, top 100 to be specific, offer this payment option. But with the planned GIFcoin ICO campaign, other major virtual currencies will be added on board.

All does not, however, end with the betting options and the digital currency payments; there are still other great services provided at the VitalBet site such as IN-play betting, sports events wager, eSports, casino, live casino, virtual sports, and its customers will soon be allowed to live stream.

Apart from introducing payments through the largest cryptocurrency based on the market cap, Bitcoin, VitalBet has also covered some of the commonly used methods of fiat payment in the industry. Some of these methods are VISA and MasterCard, debit and credit cards, as well as electronic wallets such as PaySafeCard, Skrill, Sofort and a host of others.

By enabling bettors to use some of the major virtual currencies such as Litecoin, Ethereum, Dash, Ripple and others, more customers who haven’t yet joined will jump in. Doing so is not only a step to increase the client’s reach, but also a great way of promoting the virtual coins as a safe method of payment, especially to bettors. For every user, security is the most important factor that VitalBet will put into consideration. That is why blockchain technology will be used to ensure that the whole process is safe and seamless.

After the ICO campaign has successfully ended, and the expected market cap of $24,000,000, or 24,000 ETH has been reached, GIFcoin will embark on a series of activities to improve its operations and make it much better.

A total of $1 million will be used for the purposes of updating the platform and coming up with a mobile app that will work fairly well. While $4 million has been set aside to be used for a marketing campaign, the advertising campaign will take $12 million. The company also plans to add $5 million to the current bank operational money for loses and wins. Seeing that there is need to structure the legal work in most countries, GIFcoin will set aside a total of $2 million for the same. Bank will take 20.8% of the hard cap, while marketing will have a share of 16.7%.

The highest percentage will seemingly go to advertising {50%}, while legal affairs will have 8.3% of the total hard cap. Management will have the lowest percentage of 4.2.

Crowdfunding

The team at GIFcoin did not rush things, as others would have done. They waited until they were convinced that it was the right time to do it together as a team. That is why it is the only profit-share token that is backed up by an already functional betting website – VitalBet.com. It, therefore, allows the interested customers to put in their investments in an already working business, and earn good revenues. The power of this planned ICO campaign will assist in growing the business and ensure that all the investors share the profits equally.

Make money with GIFToken Affiliate

Join Affiliate campaign here: Sign Up  first, than press “Referral Program” you will get a tracker link to use to spread the ICO Website, you’ll receive 500 GIF every time a new contributor signs up through your link and purchases GIF Tokens.

affiliate

Future Plans for VitalBet.com

By the year 2020, VitalBet plans to be in the league of top 15 international betting websites that accepts the use of FIAT currencies in its exchange as well as being rated among the leading global virtual currency betting sites.

VitalBet plans to attract 0.6% of the 300,000,000 users that are projected to shall have been using fiat currency in 2020 for sports betting. This will translate to 1.8 million new users. It is expected that about 5 million bettors will start using the virtual currencies in 2020, and VitalBet targets 10% of that number, which translates to a half a million new users.

When all these are brought together, VitalBet will have 2.3 million new users.

Out of the expected $756,000,000 revenue, bettors will be paid 10% of it while another 10% will be set aside to cater for the management costs. 20% of that amount will take care of the marketing and advertising costs, while the partners from the affiliate program will earn 15% of that amount.

VitalBet will then have 45% of $756,000,000, which translates to $340,200,000 of its net profits. 80% of that number, which is $276,160,000, will be shared among the shareholders.

The Milestones that have been taken by GIFToken

The journey has not all been smooth for this first virtual currency Gambling Investment Fund that the world has ever seen. Much is still expected. Here are some of the milestones this ICO trading exchange has achieved and the laid down structure for the rest of the year.

The serious journey started in the first month of 2015. This was when the company decided to launch a Beta version of their site. That would be followed closely by the launch of its official support website, VitalBet.com.

VitalBet was launched in June 2015, barely five months after the beta version of the website started operating. After almost two years of serious but silent operations and improvements, the company decided to make a major improvement in 2017. By this time, cryptocurrency had grown wide, and most of the consumers in the financial market were not only well aware of them but were also using them.

VitalBet

In May 2017, GIFToken decided to add Bitcoin, one of the leading cryptocurrencies to its platform. Customers using this platform could now be allowed to use Bitcoin for making deposits and withdrawing funds. That was a great improvement that changed much of the company’s operations.

The official website for GIFToken Initial Coin Offering {ICO} would be launched about six months later, in January 2018. The first stage of that ICO campaign began in February 2018, a year later after its website had been launched.

The company has a lot of plans in March 2018. Having successfully launched the first phase of the ICO campaign in February 2018, the second phase is expected to hit the markets in March. It will run for less than a month bringing the GIFToken Initial Coin Offering campaign to a wrap. After that has successfully completed, the company will undertake a major project of expanding its team. This will begin from the month of March going up to April 2018. According to the GIFToken calendar, all the months in 2018 are fully packed with activities. In April 2018, the company plans to release to the public the updated version of its platform software. This will introduce some of the best designs as well as an easy-to-use experience.

But that is not all that GIFToken ICO has plans of doing. The following month, which is May 2018, this ICO exchange platform plans to bring some new changes to its official website, VitalBet. Users of iOS, Android, and Windows devices will have revolutionary mobile betting apps for VitalBet. That month would also see the affiliate programs of VitalBet updated to introduce some of the best conditions that would take the game to the next level.

June 2018 would be another busy month for this ICO exchange platform. After adding Bitcoin to its main platform, the company has new plans of adding new virtual currencies to its main trading platform. They will be used as payment methods, suitable for both deposit and withdrawal. That would be followed by a launch of an extensive marketing process.

The company plans to use some of the best channels to advertise these payment methods and let the world know about them. After that period packed with product launches and aggressive marketing campaigns, July will have fewer activities as compared to the other months. This month will be dedicated to fixing issues to do with licensing and legal agreements in some of the countries. This will make the site applicable even in areas where its usage had not been adopted.

Serious activities would resume in August 2018 with the first one on the calendar being the launch of Vitalbet 2.0. This is expected to be one of the greatest updates that this website will have, full of brand new functionalities and other extras. After the launch of Vitalbet 2.0, the team will take a three-month break before resuming with serious plans in the last month of 2018.

As explained earlier, by December 2018, GIFToken ICO expects to attract more than 1 million users on its platform. When this finally happens as planned, the website will be automatically ranked among the leading 15 betting sites around the globe. All token holders will have all reasons to smile, as the profit share distribution will be undertaken among them.

The Team at GIFcoin

For this project to see the light of the day, there was a team that ensured that everything worked right. The team is headed by Krasimir Popov, the Chief Executive Officer and the founder of GIFcoin. Mr. Popov owns over fifty gambling projects and therefore has earned the experience needed for this project. The reason why this project has enjoyed a positive online presence is due to the efforts put in by its branding expert and head of social marketing and Public Relations, Svetoslav Dimitrov.

The marketing department is headed by Trifon Boyukliyski, who is also an online advertising professional and PPC expert. Zhivko Nikolov is the company’s blockchain developer and doubles up as a back-end developer too. He is assisted by Todor Nikolov, who also works as a system administrator. Krasen Hristov works for the company as the user experience {UIX} designer and a front-end developer.

When it comes to the sports sector, there are two professionals who head the department. Valentin Milenov is GIFcoin’s betting odds expert. He also takes care of the effective risk management and customer base profiling. The eSports Expert for the company is Ivallo Petrov, who also monitors the marketing liabilities in addition to determining the eSports odds.

Conclusion

The main purpose of the GIFcoin ICO is to raise sufficient funds that will be used to support its already functioning betting website. This is a moneymaking venture open to all investors who are ready to take part in sustainable and long-term growth.

Upon realization that there are several countries that do not use the VitalBet yet, the company embarked on a serious process of promoting the website and inviting others to join it. This is why customers are invited to purchase the GIF tokens from the ICO that will begin on 22nd February 2018.

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