KingCasino.io – The first profit-sharing online casino platform

Online gaming has been and is going to be one of the fastest-growing and stable industries. A study by Business Wire shows that this market is expected to nearly double from around $50 billion in 2019 to $95 billion by 2024, averaging a growth rate of around 14% per year. Casinos, betting, and gambling is one of the oldest industries the world knows.

However, the era of revenue-sharing online casino platforms is here. KingCasino.io is proud to be the first online casino to issue a security token, the KCT token, which guarantees dividends to the investors.

What is KingCasino.io?

KingCasino.io is the leading online gaming platform that allows players to use their cryptocurrencies for an unrivaled variety of casino games, slots and sports betting. KingCasino.io offers a large collection of hundreds of casino games and live table games of all kinds. Many games have already started and can be played.

KingCasino’s unique goal is to issue KCT security tokens – the first security token in the online gaming industry. Investors become shareholders by purchasing ERC20-based KCT security token. The token enables investors to receive quarterly dividends from KingCasino earnings and to receive active voting rights in important business decisions.

KingCasino’s goal is to develop KingCasino.io into a leading online gaming platform within the first two years:

FUN with a wide selection of casino games and sports betting
FAIR and TRANSPARENT for players and investors through the maximum use of intelligent contracts for key processes such as business profits, online betting and payment of profits and dividends
FAST and FREE transactions with cryptocurrencies
Solves the challenges of the online gaming industry
Enables the masses to participate in the industry and benefit from the enormous growth potential
Offers partners the highest possible share of sales with the possibility of regional exclusivity

Is it safe to invest in KingCasino now?

Online Casino has been a safe investment and producing reliable growth and revenue for decades now. The transformation to digital and online brought many new products and opportunities further increasing the potential of the industry.

With KingCasino’s business infrastructure in place and running, now is the ideal time to participate in the success of two key industries of the future – cryptocurrencies and online gaming. Customers can enjoy KingCasino broad game and sports betting offering using cryptocurrencies such as BTC or Ethereum, payouts are lighting fast and secure. KingCasino is the first online gaming company using a security token, KCT security token, as an easy and secure way to become part of success. The KCT security token allows the owner to participate in the quarterly dividend payments as well as having voting rights on major company issues.

One of the most important aspects of KingCasino growth is the industry-leading partner model with the highest possible revenue share deals and the possibility of regional exclusivity. KingCasino opens many possibilities. As a partner, earn up to 45% revenue share through industry-leading affiliate program.

KingCasino.io will receive widespread market attention with its unique KCT security token and its IEO. KingCasino has teamed up with two of the biggest Cryptocurrency exchanges on the market – Latoken.com, and P2PB2B.com.

One of the first update of the Kingcasino.io (KGG) project, we are proud to inform all founders and partners that between 05.03.2020 and 21.03.2020, we sold 10,000,000 KCT tokens for the total sale of the private round and so $4,000,000 additional capital increased KGG’s capital to $14,000,000. It is an unexpected sell-off of the company’s KCT tokens.

We are delighted and surprised that the hype around the current Corona crisis has brought a positive result and that we will be able to share the good news with our 29 private investors, who will have 10,000,000 KCT tokens transferred to their accounts. For more information, see https://blog.kingcasino.io/detail/breaking-news-the-private-sale-has-ended

What are the most important benefits of shareholders?

This project has some prominent benefits for investors and a wide range of individuals and organizations, beginning with the end-user.

– Quarterly Profit Sharing

KingCasino will share a portion of the profits with KCT token holders. KingCasino will summarize net profit at the end of every business quarter and distribute it to token holders based on the amount of KCT tokens they hold.

Currently we are working on our “KingCasino.io profit distribution” smart contract, expect the official announcement and more exciting updates soon. But for now, the functionalities will be like this:

The profits from KingCasino.io will be collected and shared among all eligible KCT holders on the dates January 5th, April 5th, July 5th, and October 5th, by sending them to our “KingCasino.io profit distribution” smart contract. To be eligible for payouts, KCT holders must stake their KCT in the smart contract for at least 90 days leading up to the distribution date.

Withdrawal of KCT from our ‘KingCasino.io profit distribution” smart contract is possible anytime, but early withdrawal will cause a penalty according to this schedule:

Withdrawal within the first 10 days of staking: 10% of your withdrawn token will be destroyed.

Withdrawal between day 11 and day 19 of staking: 5% of your withdrawn token will be destroyed.

Withdrawal between day 20 and day 29 of staking: 3% of your withdrawn token will be destroyed.

Withdrawal between day 30 and day 39 of staking: 1% of your withdrawn token will be destroyed.

Withdrawal after day 39 of staking: no more penalty.

– Voting Power on Major Issues

Shareholders who have held KCT tokens in a smart contract for over 3 months are granted special privileges. They enjoy decision-making or voting rights regarding the business plan and any significant proposed changes.

– Trading Liquidity.

Holders can trade KCT freely with BTC, ETH, USDT on major coin exchanges. They can also use KCT to make deposits and withdrawals at KingCasino. All of these transactions are performed within minutes of the request.

– The rise in Token Prices.

Since token prices are linked to the company shares and have many use cases, expecting that the KCT token price will increase 5-fold after listing on Latoken, P2PB2B, Charex exchanges, and Coinmarketcap web- site. KCT tokens burning program will also create scarcity and upward pressure on the price of KCT tokens.

How to become a shareholder of KingCasino?

Now is the time to enter the market, together with a licensed partner, and profit from this extremely fast-growing industry! Investors interested in KingCasino’s IEO can buy KCT tokens on the P2PB2B and Latoken exchanges.

IEO launchpad: Latoken.com & P2PB2B.io
Accepted Currencies: BTC, ETH, USDT
Start Date: 06/04/2020
End Date: 29/06/2020
Round 1 (06/04 – 20/04): $0.5/token
Round 2 (24/04 – 08/05): $0.8/token
Round 3 (11/05 – 25/05): $1.5/token
Round 4 (28/05 – 11/06): $1.6/token
Round 5 (15/06 – 29/06): $1.8/token