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RACOIN

Gambling & Betting

Overview

RACOIN is a blockchain-based platform for the traditional gambling industry.

Features

RAcoin utility cryptocurrency powered by Ethereum smart contracts that is designed for use in both online and offline gambling.

RAcoin will allow customers to freely choose their preferred way to pay.

Each token holder that uses RAcoin for online or offline purchasing of services and goods in Palau World Casino and Hotel can participate in the “operating” jackpot powered by smart contracts.

RAcoin will be integrated into a number of top European gambling and betting services that are excited about the future or RAcoin and are looking forward to being part of collaborating on the utilization of RAcoin as an alternative method of payment in accordance with the law. In nine months RAcoin plans to circulate across the Palau World complex as an actual and profitable form of payment.

All the transactions including buy/sell transactions on exchanges that will be conducted via traditional options of smart contracts (transfer and transferFrom), will not reserve 1% for the jackpot account. RA Entertainment Inc. protects the interests of those RAcoin holders.

Crowdsale

Pre-sale
Pre-sale start date 26 Mar 2018
Pre-sale end date 02 Apr 2018
Pre-sale token supply 3,000,000,000
Token Sale
ICO start date 28 Apr 2018
ICO end date 28 May 2018
ICO token supply 5,000,000,000
Raised 27,740,932 USD
Token details
Ticker RAC
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

BTC

Bonus Program

Pre-sale discounts:
100–500 ETH: +30% of RAC
501–1000 ETH: +40% of RAC
1000 ETH and more: +50% RAC

Token sale discounts:
1–50 ETH: +5% of RAC
50–100 ETH: +10% of RAC
100 ETH and more: +25% RAC

Token distribution

25% - Main token sale
15% - Pre-sale
20% - Foundation
10% - Team
10% - Angel investment
10% - RA Entertainment Inc. Lab
5% - Advisors
4% - Bounty&Marketing
​​​​​​​1% - Crowdsale jackpot

Funds allocation

65% - deposits for RAcoin infrastructure
15% - marketing and promotion
5% - software development
5% - cost for partners integration
6% - administrative costs
4% - legal costs

Ratings

Type of scores
Score
Status
Hype score High Active

Funding Rounds

Rating Review and Analytics

Investment rating Info NA
Hype score Info High
Risk score Info NA

Ended

Raised: $27,740,932

Start ICO 28 Apr 2018
End ICO 28 May 2018
Token RAC
Price 1 RAC = 0.0068306 USD
Product Type Platform
MVP Only design
KYC No
Whitelist No
Whitepaper View
RACOIN (RAC) widget
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