[ICO] Royal Cash Coin - subjective evaluation

Just on 30th January 2018 at 0:00 UTC starts Royal Cash token sale. Let’s try to understood what is the main aim of this platform. According to their webpage Royal Cash Platform (or just Royal Platform):

Royal Cash is a limited liability company established in Hong Kong. In the near future, the company will cooperate closely with the Royal Casino Platform and other online casino and betting services to develop Royal Cash, so it could become a next generation block chain optimized for Casino & Betting Online.

Royal Cash is an cryptocurrency unit based on ETH block chain, integrating Smart Contract technology and ERC20 standard. At the same time, Royal Cash is also an ETH token and an open protocol for non-focused transactions on Ethereum block chain. It will be used as a block which can be associated with other protocols to operate more complexly. Royal Cash allows users to multiply increase the value of their account by trading, exchanging or participating in betting / gambling activities. As a result, Royal Cash will be used broadly in the betting market as well as in casinos around the world. With extremely low transaction fees, high security, and attractive interest rates for investors, Royal Cash will soon become one of the most used cryptocurrency units.



The Royal Cash Platform will provides Royal Cash users with more than twenty casino entertainment options, including casino games, roulette, poker and other gambling games in addition to traditional betting and e-sports betting. Rather than taking legal risks when engaging in illegal betting, Royal Cash will provide you with the security as the governments do not control the cryptocurrency as well as our transactions have very high security.
Royal Prophet is an additional service:

which uses an AI to collect information for gambling on sports, aiming at providing precise evaluation of game outcome probability. This is based on the collective intelligence provided by online bookmakers in order to bet against the weakest predictor. It optimizes the bet distribution over multiple online bookmakers to maximize the margin of winning and to minimize the risk of loss. Finally, our experts will give users/investors the chance to invest in their campaign which is built based on AI’s calculation. Since Royal Prophet could minimize the risk of loss by giving the best prediction (with more than 85% win rate), the users who invest in Royal Prophet would have to pay 30% of the winning profits back to our experts.
All above is acceptable for me, and I think for everyone who is gambling. If you like casinos games, roulette or traditional betting with crypto currencies, this is a platform for you.

When I read more whitpaper I see that there are some traps for greedy users who believes that just keeping their saving on that platform makes them wealthy. In addition to the profit up to 48% per month you receive when participating in the savings program, there are many other reasons to invest in Royal Cash, such as low transaction costs; security and anonymity at high level and in future they plan to reward RCC holders once the exchange is implemented.

The next program which attracts many greedy users is lending platform with daily profits:


If you are not happy with the minimum daily profit, than you can take opportunity to increase this profit up to 32 times. Each day, users will have up to 5 oppotinities to participate in the rolling dice game to increase rate. As it is gambling, so if you lose, you will not recieve the daily profit.
Initial Coin Offering

Royal Cash aims to build a platform tracking the volatility of the top 20 most valuable cryptocurrency units. In addition, Royal Cash hopes to provide investors with a high-value token and huge profit, as well as provide Royal Cash users with useful information about cryptocurrency and cryptocurrency market, so that they could make better investing decision.

The Royal Cash ICO was announced for two purposes:
raising funds for product development, connecting casino units and online betting so that they will accept Royal Cash payments and giving holders of Royal Cash the chance to earn profits from investing, trading, and profit sharing from online casino and online betting. ICO activities are divided into 16 rounds. The unsold coins in each round will be accumulated and sold at the next session. At the end of the last round, the amount of Royal Cash, which has not sold yet, will be burned (burn coin).


Roadmap:

I leave a decision regarding investing in these ICO for everyone, it should be your own decision cause you invest your money not my. I think that cautious investors will find analogies to other projects that are or were on the market.

On the end here are the usefull links:
RoyalCash

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