AR/VR technology innovators for blockchain gambling industry

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1 AR/VR technology innovators for blockchain gambling industry Short paper

2 The BetInReal Platform BetInReal is a revolutionary platform, that brings an immersive gaming experience to the doorsteps of players all around the world. We are bridging gambling and social gaming into a unique product, empowering players access to a global marketplace of games and collectible items. The marketplace connects game developers, players and merchants into a single ecosystem where gambling is powered by social gaming. We strive to create BetInReal as a platform that is used to interact with friends or socialize with new acquaintances from all around the world, both through virtual or augmented reality. This is secured by the intricate blockchain architecture and its solutions BetChannels. This guarantees an instant and fair distribution of winnings. It also gives users the ability to enjoy a transparent gambling process. We are proud to present the BetInReal application and we encourage you to build your own gaming reality in the comfort of your own home or even outdoors anytime, anywhere. The BetInReal MVP is available for download via Apple Store and Google Play. The BIR token is a VR/AR gaming currency with a set of utility features. The BIR token enables instant payout processing, micro-payments for personalized VR options and access to exclusive deals and much more. The community is an important part of the project and its long-term success. Therefore, BetInReal is dedicating at least 11% of the circulating supply to the Game Fund. The Game Fund guarantees liquidity winnings and builds trust between players. 285 billion 19 billion AR based gaming market by 2023 The social gaming market by trillion Yearly online wagers by million Online gambling users by % AR gaming market by % VR gambling growth by

3 Benefits Our values I Gamers and developers are facing countless problems when it comes to online gaming. The market is mainly centralized and saturated, which leads to entry barriers for developers and lack of initiatives for players. BetInReal provides a solid solution, based on the BIR token, blockchain, development kits and global marketplace. Players 1 Transparency in winnings distribution Platform is designed in a way that all transactions and key information (such as the liquidity of winnings pay-out fund, biggest wins or house edge) will be publicly accountable and available. Fairness in RNG based game results The Proof-of-randomness solution enables the random number generation off-chain while utilizing blockchain to ensure result sustainability and validity of BIR token transactions. Escrow function BetInReal uses distributed blockchain technology to execute a gambling contract, while all key platform financial transactions are executed through decentralized smart contracts using BIR tokens. Non-delayed payouts With the use of BIR tokens and the BetChannel transaction protocol, BetInReal enables instant betting and immediate payouts of winnings using BIR tokens. No payment intermediaries No payment intermediaries resulting in lower margin rates and platform fees using BIR tokens. No access to player funds Contrary to the centralized platforms, BetInReal will not have access to player funds. The player fully controls the BetInReal wallet or any other wallet while making deposits, payments and instant withdrawals. Digital customization Bet In Real users can create their fully customizable digital avatars. They will be able to unlock high quality and special design options - through community engagement or by micro-purchases using BIR tokens. Social interaction BetInReal innovates 3D immersion solutions using virtual and augmented Reality technologies to create a unique online gambling experience. All BetinReal users will have multiple options to communicate between each other and BetInReal personnel during gambling sessions. Fast decentralized gambling When BETchannels come into play, most of the game communication moves from player/server to blockchain interaction, to player - server interaction. These transactions are very fast and do not cost any gas. After gaming session ends, these transactions are submitted and verified on the blockchain. Unified platform BetInReal builds a one-stop environment where players can enjoy a wide variety of casino games as well as gamblified social games. All in one place. 3

4 Benefits Our values II Developers Financing and talent support BetInReal provides two options to encourage the development of high quality content - Decentralized Community Crowdfunding and the BetInReal Talent Fund. Game developers can launch crowdfunding campaigns within the platform and the BetInReal community will have an opportunity to contribute to the creation of the game portfolio. The BetInReal Talent Fund will support and facilitate innovation and new game development by issuing grants for the most promising talents. Growing user base BetInReal fairly distributes profits generated from the platform players. Our gamblified and highly interactive platform allows game developers to reach very lucrative markets with a growing user base. Fair development cost Our platform provides an open source SDK that will allow us to reduce the development costs and facilitate games production. Non-Expensive player acquisition The SDK will provide an option to implement VR and/or AR technologies into the gaming content. Creators will enjoy a first mover s advantage, allowing their players to fully immerse in the game. This cutting edge solution will drastically reduce marketing costs and ensure player retention. Efficient protection BetInReal complies with all the intellectual property and licensing regulations, providing developers with a fully transparent process of product integration, profit sharing and security. No barriers to entry the global market The BetInReal provides a gateway to an international player s community via our marketplace. 4

5 Key Platform features Complete casino game selection In BetInReal, players will be able to access a full selection of classical and contemporary casino games slots, roulette, dice, sic bo, blackjack, baccarat and much more! Fair gameplay BetInReal uses a fair gambling system that is based on a proof-of-randomness solution and backed by blockchain which enables transparency and auditability. Social gaming BetInReal gamblifies well known games, bringing a competitive edge and fun to a new level. The combination of gambling and gaming creates a unique and entertaining experience that expands market opportunities for players, developers and the platform. Instant bets and payouts With the use of BIR tokens and the state channel transaction protocol, BetInReal enables instant betting and immediate payouts of winnings. Incentivized engagement BetInReal offers a host of gamified incentives and opportunities to sustain active player engagement with the platform and it s community. 1 Transparent winnings distribution With the use of blockchain, all key platform information (such as liquidity of winnings payout fund, biggest winnings or house edge can be publicly accountable, ensuring growth in player trust. Development Kit Open sources and transparency are the core values of BetInReal, the platform will provide a secure software to implement games. The open-source SDK will enable seamless and verified development and integration of the content. The BetInReal development kit will be compatible with popular game engines such as Unity and others. VR/AR software development kits will transform gaming into highly a immersive experience. Gambling with AR/VR immersion BetInReal innovates 3D immersion solutions using virtual and augmented Reality technologies to create a unique online gambling experience. Internal exchange and fiat payments* The exchange will be built to facilitate transactions with the BIR token within a global crypto ecosystem, making an easy-to-use platform for end users. Fiat gateways will be implemented to ensure further adoption by the mainstream content creators and audience. *Internal exchange and fiat payments will be implemented according with the licencing requirements in the recognized jurisdiction. 5

The BetInReal technologies 360 Augmented Reality BetInReal brings a revolutionary experience to

BetInReal AR allows players to place a virtual casino on any surface, e.g.

Initially, a portal (or doors) are placed, and after entering through them, the complete virtual

Virtual Reality With the use of the most up-to-date Virtual Reality (VR) technologies, BetInReal

The BetinReal Platform has three main gambling related products, which are based on VR/AR

BetInReal is offering a platform with both classical and contemporary VR/AR casino games as well

6 The BetInReal technologies 360 Augmented Reality BetInReal brings a revolutionary experience to the gaming industry mobile AR technology. BetInReal AR allows players to place a virtual casino on any surface, e.g. floor, and to move within that room by moving with the mobile device. Initially, a portal (or doors) are placed, and after entering through them, the complete virtual casino environment is visible. Virtual Reality With the use of the most up-to-date Virtual Reality (VR) technologies, BetInReal blurs the boundaries between real-life casinos and online gambling. The BetinReal Platform has three main gambling related products, which are based on VR/AR technologies. BetInReal is offering a platform with both classical and contemporary VR/AR casino games as well as many of their variations in order to fulfil any market preference or an individual's desires. Live dealer Live Dealer - We are determined to bring this welcoming, human interaction-based atmosphere to the crypto online casino. The Live Dealer creates an indistinguishable experience from a real casino by merging virtual reality technologies with a unique feeling of being present. 6

7 The BetInReal features Benefits of the BetInReal Community BetInReal is creating a completely new online gaming economy that will change the paradigm of the current obsolete market and the way of bringing interaction to end-customers. Our goal is to create a bridge between developers, players and the BetInReal community. While BetInReal is a global platform, initially it will focus its efforts on the East and South- East Asian markets. These regions are comprised of big consumer markets with widespread interest in gambling, gaming, high smartphone usage and general openness to innovations. Asia pacific makes up about one third of all gaming activity.? +? Quests and Bounties Perform in-game quests or real-world tasks to receive bounties, unique prizes, and special personalization options or unlock limited-access features. BIR token staking Temporarily stake a portion of your BIR tokens as a contribution to the platform winnings payout fund and receive them back with an addition from the house winnings. Referral program Invite friends to join you for a game on the BetInReal platform and receive bonuses in BIR tokens, proportional to the amount they spend. Community Keno Partake in the regular community keno, contribute to the collective keno prize fund and guess the winning numbers as best as you can. Bonus Hunting BetInReal platform users have a chance to go treasure hunting in an augmented environment and win BIR tokens. Odds comparison Platform users will be offered the best odds for their preferred games in real time. 7

8 The Business model The business model - With the BetInReal platform solution independent game developers and current gambling market giants such as Novomatic, IGT, GVC, Kindred and Betsson groups can transform their land-based and online products to a virtual and augmented reality environment. For independent game developers, BetInReal VR/AR based online gaming platform works as intermediate step to reach a global audience and community. With our turnkey solution, small and medium size developers not only get an access to a global customer base, but also let them earn a profit from their developed products after the gamblification and monetization process by connecting blockchain and VR/AR technologies to the development process, new ways and opportunities for developers to interact with gamers, and vice versa, are born. Revenue Channels Followed is a designed visual model of the revenue share and the BetInReal income from the platform content marketplace: PLAYERS CRYPTO ONLINE CASINOS NON-CRYPTO B2C / B2B PROVIDERS out in out in out in in out in out in out MANUFACTURERS CUSTOMIZES ITEM CREATORS GAME DEVELOPERS Road Map st - Platform MVP version development; 2 nd - First MVP version release; 3 rd - Second MVP version release; 4 th - BIR wallet release. Start of Token sale. 1 st - Gambling system beta version and platform licensing; 2 nd - Augmented reality system beta version, SDK beta version implementation; 3 rd - Full platform launch (mobile & desktop) and worldwide scaling; 4 th - First batch of white label products for businesses; Content marketplace launch and design developer toolset release. 8 1 st - Virtual reality system beta version; 2 nd - Platform expansion with full VR and integration with VR headsets; 3 rd - Second batch of white label products for businesses; 4 th - Platform gambling system expansion.

9 Content marketplace and user modifications Business Projections and Expectations Since an innovative product that is timely introduced into the growing market, BetInReal is expecting rapid growth in short and medium terms. Followed by financial projections that appear in this business plan, they are based on estimated revenues, expenses such as marketing and other essential metrics, such as expected user acquisition cost (CPA), retention new and existing customers, Paying % (Reg to play), Customer paying base, churn new customers and existing customers, ARPPU. However, in no way should these financial projections be considered as a forecast of future results. These projections should not be used to reach any conclusions regarding the future of the financial performance of BetInReal. 60 Mln USD White label products House edge Content marketplace Expected total wager size by year mln mln mln mln mln Expected platform active user base Token Sales Token sale soft cap Token sale hard cap Accepted currencies Ethereum (ETH) The BetInReal token sale is an initial offering of BIR tokens to prospective platform users and project supporters. It is the main method of raising funds necessary to make the BetInReal vision to come to life. This token sale is a one-time offering, since no additional tokens will be created in the future. 480,000,000 BIR tokens (53% of total) are offered to token sale participants Funding Distribution Token Distribution 12 % Operational Costs 15 % Gambling Software Development 20 % Legal Costs 23 % VR/AR Software Development 30 % Marketing and Player Acquisition 11 % Guarantee Fund 07 % Bounty Fund 12 % Team, Founders and Advisors 17 % Development Fund 53 % Public Sale 9

10 Team Andrius Ališauskas CEO Karolis Gogaitis CCO Evaldas Magelinskas CMO Peter Van Roosmalen JFP Monika Kriūnaitė LEGAL COUNSEL Alex Lambert SENIOR CREATIVE Advisors Algirdas Stonys IT BUSINESS ADVISOR Lukas Kairys BLOCKCHAIN ARCHITECT AND CRYPTOGRAPHIC ADVISOR Joakim Renman EUROPEAN BUSINESS DEVELOPMENT ADVISOR Rosalind Wade PRODUCT EXPANSION TO ASIAN MARKETS ADVISOR Calvin Andhoko MARKETING AND BUSINESS DEVELOPMENT ADVISOR FOR ASIAN MARKETS Aleksandras Gaška PUBLIC RELATIONS AND COMMUNITY ADVISOR Partners 10

11 The BetInReal Technological solution DISTRIBUTION OF WINNINGS RANDOM NUMBER SEED GENERATOR 5 REVEALS RESULT (RNG FROM HASH SEED) 6 RECEIVES INITIAL SEED AND HASH OVER MANY CYCLES PLAYER 1 PLAYS THROUGH IN PLATFORM WALLET OR ETHEREUM WALLET 4 GUESS RESULT HOUSE PLACES BET SUBMITS TOP HASH OF VERIFIES PLACES PRIZE RANDOM NUMBER SEEDS GAME RESULT GAME SMART CONTRACT ETHEREUM BLOCKCHAIN Platform Accessibility IN CUSTOM WALLET OUT MOBILE APP WEB IN API IN CUSTOM WALLET BACKEND IN BACK OFFICE ESCROW SMART CONTRACT ETHEREUM BLOCKCHAIN 11

12 Thank you for Your attention YOU CAN FIND ABOUT US MORE: BetInReal Feel The Real Gambling Experience with us Oct 09, 2018

Innovative Gambling Platform On The Ethereum Blockchain

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