What is RACOIN?
The primary mission of RAcoin is to make the blockchain technology an essential part of the traditional gambling industry and reach maximum audience to distribute RAcoin as a properly featured gambling cryptocurrency. The first place where you can pay for everything with RAcoin will be “Palau World” — a luxury casino and hotel that will be built on Palau Island by RA Entertainment Inc. Building will commence towards the end of 2018. At the same time our team is working on increasing our partnerships network in order to have at least 10 casino and hotels accepting RAcoin by the end of 2019.
Benefits to using RAcoins offline:
- possibility of paying for any service or good including casino chips in tokens with excellent discounts
- participating in the jackpot implemented by smart contracts
- free and exclusive services available only for token holders
Cryptocurrency For The Traditional Online Gambling Industry
The mission of RAcoin for online gambling is to become a universal payment tool, allowing existing platforms to integrate the cryptocurrency along with traditional means of payment. First, RAcoin will be integrated as a payment method in online casinos and offline casinos operated by RA Entertainment Inc. by June 2018. RAcoin will also be integrated with two leading European gambling and betting platforms, RA Entertainment Inc. has secured agreements with these partners.
Gathering project team, marketing research, preparing for official company registration, receiving of gambling license, online gambling development, agreement with European casino company
Registration of legal entity Ra Entertainment Inc., preparation works for Palau World casino and hotel construction
Preparing for RAcoin token sale, shipping to Palau construction materials and labor force required for construction beginning
Running Token sale, start of construction
Releasing of wallet software
RAcoin online casino launch.Token integration.
Marketing, continuing of Palau World construction and development of RAcoin community, attracting customers, extending partners network
4Q 2018 / 1Q 2019
Opening of Palau World casino and hotel