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Ermac

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Everything posted by Ermac

  1. This will be a very general and basic understanding of CasinoCoin and CSC. First off I just want to say that CSC is nothing like XRP, apart from the technology that’s it. Investment wise it's not the same. Adoption wise it's not the same. Every crypto investment will have a different mind set in the way they go about with the adoption of the service they offer. So if you're new to CasinoCoin you will need to shift you're mindset to really understand how everything fits together. It's called the CasinoCoin Foundation. The CasinoCoin Foundation, 100% casino focused and geared towards all of your crypto and blockchain needs. CasinoCoin and the Token usecase. There is many functions that a token can be used for. (see here : https://casinocoin.org/tokens/) The case with the new cammegh deal the tokens are being used for : Maintenance, Support tickets, Regulatory compliance and more... You can not buy the cammegh token. It's an internal token. Now in terms of a gambing token, which is different from what cammegh is doing. Why would a casino want to use CSC and not just make there own gambling token? Simple answer it's easier to just use CSC. Some of the bigger Casino players have asked for their own token and hence the CasinoCoin foundation can provide this service. Having your own gambling token means getting it on exchanges means creating liquidity, means having to have CSC listed as well as all transactions use CSC as gas. Or You can just use CSC already listed and being traded. Plug in the BRM and your away KYC/AML done and ready to go. It's a lot easier and faster to just use CSC. Why not just use a stable coin? Not all Casinos can do a stable coin. ( but The CasinoCoin foundation does provide this service) To do a stable coin you will still need to get it listed on an exchange. Plus you need the 100M, 200M maybe even a 1B in fiat backing up the token, not all casinos can do this. Some casinos will want tokens for gambling. Some will want tokens for different types of data collection. Some will want a stable token. Some will just use CSC for gambling. ( Everything needs CSC as gas. ) If not using CSC directly. -. Why do casinos need crypto they make money already. It’s what you can do with crypto and blockchain that is a game changer. KYC and the CasinoCoin custom made AML visual block explorer which lets regulations look in and see where all funds come from and go to. Anyone tries money laundering, they will be stopped dead in there tracks. The CasinoCoin Foundation works from 3 areas. 1, Regulators 2, Operators. 3, Players. It covers all area’s and has a complete system on solving all known challenges withing these 3 groups. Hope this helps. Please also read :
  2. CasinoCoin Tokens 1. Tokens can be used by Operators, Processors, Manufacturers and others for a variety of purposes, immutable data, enhanced billing, support services, bet tracking, results tracking, and many others things. 2. The data uses can be customized for each user as necessary and expanded upon when needed. Tokens can only be created by the foundation. 3. The use case of tokens has just scratched the surface with new ideas being suggested all the time on how the Distributed Ledger data can be used. More Tokens will be going live this year. 4. Token users make a onetime donation to the Foundation of $25k worth of CSC, that is purchased on the open market (exchanges). They then continuously purchase $csc on the open market to fuel the tokens. 5. The token fee for each transaction is currently .01 CSC. This will be adjusted as necessary by the foundation to ensure the fiat value of each TRX remains the same regardless of CSC current value. 6. Example @CammeghGaming Roulette wheel sensors detect anomaly. It creates an entry on the ledger and someone at @CammeghGaming on the other side of the world is monitoring the ledger gets a message about the anomaly. 7. The example given is speculation on my part as I don't have any info on exactly what data is being used. Ultimately any event that records any type of data could be transmitted via the ledger (DLT) so the possibilities are endless. Written by @jasperlite Source : https://twitter.com/MarkAFillmore/status/1133769955076444160
  3. Cammegh is a gateway for mass land base adoption. The fact that Cammegh are on the board of advisors tells you something. It’s not just a deal, Cammegh joined the board to help assist the Foundation. Phase 1, Getting their customers used to the technology. Phase 2, Using that tech in data collection 10,000+ tx a day. Phase 3, Unconfirmed. Now if Phase 3 is what I think it is. The implementation of CSC in to land based casinos, And using CSC to gamble in land based casino’s. Cammegh could become the biggest roulette wheel maker known for Crypto/blockchain implementation. 90% of casinos all over the world are supplied by wheels of Cammegh production. The Cammegh wheels are known by the quality, security and integrity. The assembly includes Scallop separator rings and in-rim reader heads. Besides famous wheels the company products LCD winning number displays, special remote cameras Eyeball and Pitboss which is a special package for wheel analysis. Cammegh roulette wheels are the leaders on the market of roulette wheels thanks to the extra quality and special approach to individual needs of every customer. The products of the company are made from stainless and tensile steel. The design of the wheels is of the highest level. Even if a land base casino does not use the cammegh wheel they will 100% have heard of them because they are in the business. Cammegh will become the first port of call for any land base casino that wants to know more about blockchain and crypto and given the fact Cammegh are already in 90% of casino's and running on the CasinoCoin blockchain and using CSC. They will point them in the right direction all leading back to the CasinoCoin Foundation. If the deal with Cammegh pans out the way I think it will (obviously there is always issues and challenges) this is land based done! Side note : Cammegh wheels are also used in many Online LIVE casino websites. Cammegh Brochure : http://www.cammegh.com/files/Cammegh_Brochure.pdf
  4. Ermac

    BRM Photos

    Built with users, gaming operators and regulators in mind, the #CasinoCoin Bankroll Manager application features built in KYC capabilities, responsible gaming options, and provides an unparalleled user experience never seen before in the online gambling space. $CSC
  5. CasinoCoin Bank Roll Manager 1. Bank roll manager primary purpose is to transfer funds between Gamblers and Casinos with embedded KYC and AML. User opens BRM and does KYC directly in the BRM on their mobile device. Name, DOB, Photo ID, etc. 2. KYC info is sent to Jumio by the BRM where it is Validated and then verification of validation is sent back to BRM. This is all done quickly and securely. 3. Gambler can purchase CSC in BRM using fiat gateway provided by Processors, or transfer CSC to BRM from personal wallet/exchange. 4. Gambler then chooses from list of Casinos in BRM and sends csc to casino. Casino then either uses CSC directly for gambling or converts CSC to whatever is used on their platform at current fiat value. 5. Example: gambler sends $50 worth of CSC and is credited with $50 on casino platform. There is risk of CSC value increase/decrease during transfer times (minimal risk as transfers take seconds) and the fiat credit on casino being slightly more or less than fiat value sent. 6. The KYC validation tag is part of the info sent to the casino with the CSC transfer via the Ledger so Casino does not have to do KYC again. Casino has access to KYC info via Jumio for their records and regulatory compliance. 7. When Gambler is finished winning (hopefully BIG) casino sends CSC back to BRM (if they are using CSC on platform) or converts to CSC at current fiat value and sends to BRM. 8. Gambler can then send CSC to a different casino and gamble or cash out his CSC via a Fiat gateway provided by a Processor in BRM. 9. BRM has user configurable limits for the gambler to self-regulate the amount sent to casinos on a daily, weekly or monthly limit. 10. Gambler benefits by only doing KYC once regardless of how many casinos they visit and the speed/efficiency in which funds can be sent/retrieved from casinos. 11. Casinos benefits: easier KYC validation, greater AML compliance because all of the transfers are registered on the Ledger and are readily available for compliance officers to see as well as being immutable so no fear of data tampering. 12. This increases compliance and decreases/eliminates fines that routinely run in the millions. Regulators are happier because it makes their jobs easier. Written by @jasperlite Source : https://twitter.com/MarkAFillmore/status/1134132859072106498
  6. https://casinobeats.com/2019/05/28/cammegh-token-to-make-casinocoin-blockchain-debut/
  7. Ermac

    CSC Chat Members on Twitter

    https://twitter.com/MarkAFillmore https://twitter.com/Ragnar_Notbroke https://twitter.com/daniel_wwf https://twitter.com/CasinoCoin https://twitter.com/ScheckTwit ‏ https://twitter.com/McLoughlinDonna ‏ https://twitter.com/cryptodeej https://twitter.com/LexDeeley ‏ https://twitter.com/CSC_Hodler ‏ https://twitter.com/CryptoOso ‏ https://twitter.com/chewiecoin ‏ https://twitter.com/Twakers31 ‏ https://twitter.com/Back2TF ‏ https://twitter.com/CasinoCoinCSC https://twitter.com/otmack2o ‏ https://twitter.com/goodmadsucks https://twitter.com/Ben_CTGFutures https://twitter.com/ASGBlockchain ‏ https://twitter.com/matthewspada ‏ https://twitter.com/NLexch ‏ https://twitter.com/KhalifaMoataz ‏ https://twitter.com/mca_crypto ‏ https://twitter.com/robotmerkiss ‏ https://twitter.com/CammeghGaming ‏ https://twitter.com/mass_adoption https://twitter.com/KenKane27600250 ‏ https://twitter.com/toastedcoins92 https://twitter.com/YoungHashrate ‏ https://twitter.com/cow_run https://twitter.com/LydiaBarbara3 https://twitter.com/CasinoCoinBot ‏ https://twitter.com/iamxrpanda https://twitter.com/Lancashiregent https://twitter.com/kevtine14
  8. Over the pass few months with added exchange and more awareness it's clear to see that the market is starting to develop. The last (24h) Volume $123,731 USD - 14.96 BTC This is a big step from the $500/day etc Volume that was not that long ago. The word is spreading on twitter an other places. Deal's are coming out. I know some people just want the price to go to $0.10, but its just not going to happen like that. see this post : https://www.cscchat.com/topic/783-a-little-price-perspective The ball is rolling and everything is coming together slowly. It's important to remember that this product is designed for the everyday joe and is not all about crypto people, but i'm sure crypto will use the BRM as well. The market will be driven mainly by gamblers and casinos more than the people that trade CSC.
  9. If your an emotional person and are sad about the price of CasinoCoin right now. Remember CSC has just started, it's not even out of the gate yet. Have a little look at what XRP HODLers had to go through.
  10. Ermac

    Use Case Question - Price Related

    Iv also heard that the team has new ways now as well. No one knows what they are yet.
  11. Why create a custom token on the CasinoCoin blockchain? Read more about CSC tokens at: https://casinocoin.org/tokens/
  12. https://csc.observer/accounts Created by @Kepoly
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