Thursday, May 10, 2018

GRAZ FIGURE




Product description
Graz is a unique platform that allows people around the world to make bets without worrying about winning them. The platform offers users a range of events across multiple domains including betting lines, politics, economics, science, the film industry, etc. Where users can make bets and win money. At the same time the coefficients are proposed by the person starting the wager, and it makes the platform more profitable and attractive than placing a bet in the betting store on a predetermined coefficient. Therefore, users can propose their own bets or choose the appropriate bet proposed by other users.

Graz will change the concept of the ordinary stakes that bring him to a new level. Many people dream of such platforms, and now thanks to blockchain and smart contract technology, this technology can be applied qualitatively. Graz has a number of advantages over competitors:
The operating scheme is clear and simple
The structure is fully decentralized. Direct interaction between users
making bets with each other.
There is no risk of not paying for a smart contract
Low cost (1% of winnings)
A variety of events where you can place any bets
higher coefficients

No Mediator


A truly decentralized structure. Block structure allows users to interact directly with smartcontracts.

Without limit



Various events. Users can choose various events to bet and set their own coefficients.

There is no shortage

Graz imposes a small operational cost compared to the bet service – 1% of the winning GRZ coins.

Market Analysis
The global online betting market is growing very fast among many other global industries. For the period 2010-2016 the amount of gross profit of companies operating in this field increased by 16.6 billion euros, and the average growth rate was 9.5%. During the prospect period, the trend will continue, and it is expected that by 2020 the market size will increase by 13.2 billion euros, and the average growth rate will be 7.5%. Therefore, it is clear that the market is growing rapidly and, naturally, the emergence of new players makes quite sense

Figure 1. The growth rate of global online betting market in 2011-2020, euro bn


All bets in Graz are only made in grazcoins ( GRZ )
The number of tokens is limited, therefore their prices go up as demand increases
Most of the funds raised will be used for marketing and new user engagement, so the GRZ request will only increase
We plan to attract up to 4 million active users by the end of 2020.
Nearly half of the online gambling market (49.2%) was formed by online betting markets totaling about 19.2 billion euros according to 2016 data Where, on the offline marketplace bets only in fourth place.

For most of the major online betting services is a major development strategy. The situation in the offline market is already very competitive, but the Internet still has an empty niche, especially in the market under construction. The main growth factor of the online segment is the development of high technology. New devices and technologies are increasingly getting people into “online” rather than bookmarking bookies. In addition, high interest for different gadgets and the emergence of innovative gambling services makes it easy for betting shops to attract more young people who are more likely to make bets with their smartphones than to visit gambling establishments.

Figure 2. Distribution of global gross profit online gambling market segment


Most of the gross profit of online betting is calculated by:
Asia and the Middle East – 46%
Europe is in second place with 35%.
Online betting is meant to broaden the scope of the user and makes it possible to receive bets from every part of the world. However, regulatory authorities from several countries, such as the Russian Federation, restrict access to foreign betting services for their own reasons. Blockchain technology can solve the problem. It should be noted that Graz is not a bet shop.

Graz is a platform for making bets between users from different parts of the planet, which guarantees the payment of victory. With regard to it is necessary that marketing campaigns should target the largest markets of Asia, Europe and the United States. These markets are the most ready to introduce new technology.

Figure 3. Distribution of gross profit from online bets between regions of the world in 2016, euro bn


Figure 4 is quite relative because the number of bets on a particular sport depends on the season that is characterized by major tournaments. But, apart from that, football is definitely a leader in the betting market. In addition to the standard sports betting line, Graz offers its users to bet on major events in the fields of politics, economics, science, and other exciting world news. In addition, it will be possible for the user to make a bet on the cybersport event. This fact allows to enlarge the target audience and attract new users who are not interested in sports betting. Many betting services do not accept bets on certain events because of high risk for themselves. In Graz the user himself proposes a betting subject (in certain events ) and set the coefficients, which is a big advantage over the regular betting store.

Figure 4. Top 5 sports with number of bets
According to the results of the analysis of the online gambling market, it can be said clearly that the market is growing and will follow the same steps in the next few years. It should be noted that the emergence of online segments and mobile apps has a major effect on the industry ( particularly with regard to online betting markets ).

Although Graz is not a bookmaker, the positive dynamics of the market will have a positive impact on platform development. Furthermore, we believe that we will succeed in attracting neutral audiences who like to bet but have no gambling experience.

The main factors when choosing a betting store are:
organizational credibility and guaranteed payments
betting odds
event coverage
cost of victory.
By all the above mentioned accounts, Graz has a great advantage, allowing us to quickly capture the necessary audiences.

Figure 5. The share of mobile platforms in the online gambling market



Token GRZ
100 million grazcoins ( GRZ ) according to the token tokens ERC20 will be created using the Ethereum blockchain.
1 200 GRZ = 1 ETH * ( 1GRZ ≈ 1USD )
A minimum of 30% of tokens will be held by the project team.
No more than 0.1% of all tokens will be allocated to Bounty campaigns.
During pre-ICO, a maximum of 3 million tokens will be offered.
During ICO 82 million tokens will be offered.
Unsold tokens will remain with the project team and, if necessary, will be offered in the stock market further.
Soft cap = 7 million GRZ ( ≈5 million USD) .
Hard cap = 85 million GRZ ( ≈60 млн USD ).
After completing the ICO, we plan to transfer the token to the main cryptocurrency
exchange so that our users can buy it freely and make a bet.
Token redemption is not expected. Whether it’s burning or additional emissions. We hope the price of grazcoin will continue to rise without artificial manipulation.
Token is not an effect, they do not grant the right to vote or the right to receive a share of the profits of the company.

Figure 10. GRZ token distribution


Pre ICO and ICO


ROADMAP



All bets in Graz are made only in grazcoins ( GRZ ). Therefore, to take part in any bets on the platform, users must have Ethereum wallets and grazcoins that can be purchased during ICO or on a cryptocurrency currency exchange. Such betting implies that there is only one winner so some users will always have to buy additional tokens on exchange, which will create stable grazcoin demand. In addition, most of the funds raised will be used for marketing and the involvement of new users who have to buy grazcoin. That is why, long-term demand for grazcoin will only grow.Based on the statistics and performance of the largest betting services in the world, we plan to attract up to 4 million active users by the end of 2020.

Projected growth in the number of users, a million users



Project team




ADVISOR



For detailed information, you can also visit our website address below, so from me and thank you:
Facebook: https://www.facebook.com/GrazPlatform/
Twitter: https://twitter.com/grazplatform
Github: https://github.com/Graz-blockchain-betting-platform
Telegram: https://t.me/grazplatform
Whitepaper: http://graz-ico.com/whitepaper.pdf
Website: http://graz-ico.com
My profil: https://bitcointalk.org/index.php?action=profile;u=1168143

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