MOG CHANGE THE GEMBLING ONLINE WORLD
THE ONLINE CONSULTATION IS FINALLY FOUND
Online gambling is just a land-based game available online. The first online casino was launched in 1994, this means we have had 24 years without much innovation in the gambling industry. Yes, there are new games that are launched all the time, but these are mostly new skins on old game machines. Online gambling is actually a dinosaur, not a business that utilizes the incredible technology that exists today.
MOG has a different approach. We want to change the world of online gambling. We offer fair and transparent gambling. We remove land-based limitations from online games, why, for example, online poker is limited to tables of 10-12 people? Most gambling companies claim to have 96% return for their players, when in fact they pay back 50-70%. MOG charges a fixed fee of 5% for most of our games, and 5% against marketing, which means 90% is paid back to the players. This is not a theoretical salary, this is what goes back to the player for every game.
We have chosen to start with the lottery game as this is the key to becoming the largest online gambling company in the world. The total turnover of $ 110 billion spent on land-based lotteries will move online within the next 5 to 10 years, why queue to buy a lottery ticket when it goes online? Lotteries also have a bad pay out, in most cases 50%, with MOGs coming back close to doubling, obviously where people will want to play.
THE MOG VISION
Our game concept is revolutionary, we are reinventing online gambling. In fact, we could very well
end up reinventing land based gambling as well, our games are not limited to online use only.
Our concept is built around the ‘power of many’. The more people who play the better and more
rewarding our games become. But contrary to most other games, our games don’t necessary
become any harder to win as the number of players grows bigger.
Traditional lotteries are a good
example, the more tickets sold, the worse the odds become - this is not the case with our lottery,
Lotto Poker, where the odds is a maximum of 1:100 000, no matter how many players we have.
Our business model brings something completely new to the gambling industry. We offer 100%
transparent gambling with pay-outs of a scale never before seen. The ‘house’ takes a fixed fee per
game; we also charge a fee for marketing, the rest stay in the prize pool and will be paid back to
the players for each round played. There is also always a winner in our games.
MOG don’t offer any bonuses. First of all, we don’t believe in the concept as it doesn’t create loyal
players, secondly bonuses are covered by the game revenue, more exactly the prize pool, so bigger
bonuses mean less money is being paid out to the winners. Land based lotteries don’t rely on
bonuses to build their business, which simply prove that bonuses are not the key to attract
players. Players look for games which fuel their dreams and which they believe they can win.
As we grow, MOG will offer prize pools out of this world. Our unique concept enables us to build
up prize pools between different games in ways never before seen. Simply explained poker
players, lotto players and slot machine players could very well be competing for the same grand
prize. We could be talking about tens of millions of euro in grand prizes within a short time frame.
When it comes to poker, our concept enables us to create poker tables close to unlimited sizes.
Imagine 100 000 people playing the same poker table, if each person enters with 10 euro we have
1 million euro in the prize pool (minus fees). This is in the scale of big poker tournaments, for MOG
players it could be a normal game round. Where do you think people will gamble?
Finally, but not least, we believe that gambling should be fun. Gambling addictions are the terrible
backside of the gambling business, both online and land based. But rather than to try and prevent
people getting addicted, traditional gambling companies rely on these players to fuel their
revenue. They even have call centres calling up players on their payday to offer bigger bonuses if
they continue to play. MOG take a very different approach, we will set spending limits based on
the financial situation of the country of residence of our players. If you live in a low income
country you will be able to spend less than if you live in a high income country. Of course
professional players will get higher limits, so will people with higher income. This feature will
makes us the first responsible gambling company in the world.
With our unique gambling concept MOG applied for a patent in 2011/2012. The process is
managed by attorney Andrew C.
Greenberg who also has been credited as the "godfather" of
computer role playing games. He has garnered many industry accolades, including the GAMA
Charles Roberts Award and induction into the Computer Gaming World Hall of Fame. His
experience from the gaming industry has been valuable for this process.
GAMBLING PLATFORM
Our current platform is .Net based, being hosted on Azure.
Cloud hosting mean that we can scale
close to instantly to meet higher server load (more players/games), and we can also distribute user
traffic over multiple Azure locations to serve our players close to where they are based.
The next version of the platform will be built using micro services, giving us even greater flexibility
as each service can run its own technology. New features can easily be added and updated since
we will manage one and one service without affecting the rest of the platform (services).
Blockchain will be implemented to this platform where transparency is a benefit for the players;
normally this would be directly in a game process, and not as much on the player management
side since this manages more static data such as player’s personal details.
Traditionally gambling setups consist of a management platform and then the games are
connected by an API. Adding games is fairly simply since they are not built into the management
platform. The downside of the traditional platforms is that they are outdated and not very flexible.
Using a micro services setup mean we will split the management platform into smaller services,
this creates maximum flexibility and the platform can easily use the latest available technology.
MOG GAMES
Currently MOG has launched two games; more games will be developed in 2018 so that by the end
of 2018 we can offer our platers the full casino experience. We will also offer both classical poker
and our own gambling concept poker, to both amateur and professional players. We have already
had great feedback from professional poker players on our new and innovating gambling concept.
numbers, these are allocated, the same way as cards are dealt in poker. Players are split into
groups of maximum 100 000 tickets, were each group have one winner. The round winners then
compete for the grand prize in a final round. Half of the tickets will receive a free ticket for the
next draw.
This game has amazing odds. More than 50% win a prize, due to the free tickets. The initial
rounds have maximum odds of 1:100 000 to win a significant prize, which is way better than any
other lottery. The round winners then compete at even greater odds to win the grand prize.
QUICK DRAW POKER
Quick Draw Poker is the world’s biggest poker table, in its first version. Each ticket is dealt a
hand, the best hand wins the round. As with Lotto Poker 50% of the tickets get a free ticket, free
ticket rounds are played directly after the initial round, and the game keeps running until all free
tickets have been played.
The number of winners depends on the number of rounds; typically, each draw can have 5 up
towards 20 rounds (depending on the number of tickets sold for the draw).
This game concept will later be launched as a game with additional features, which will turn it
into a more traditional poker game.
TOKEN SALE
With a vision to create a fair and transparent gambling business, where the player’s interest
comes first, it was a natural step to add blockchain and to use token issuance as a fund raising tool
to enable MOG to change the online gambling world.
There will be a total of 20 million tokens created
Token price will be 0.5 euro
15 million tokens will be offered for sale during the
fund raising (75%)
2 million tokens are held in reserve for future
unknown costs. Locked for 12 months (10%)
3 million tokens will act as prize pool guaranties.
Locked for 24 months (15%)
Of the 15 million tokens to be sold the allocation will be:
15% campaign costs and bonuses
10% online marketing over the next 24 months
35% development
40% jackpots for the first 2 years
Financial details:
Funding minimum: No minimum
Funding maximum: 7.5 million euro
Tokens will generate rewards based on the company’s revenue
Token holders will be awarded tickets in MOG Jackpot draws
MOG will offer a 5% reward for a limited time to people who contribute towards the success of
our token campaign. The cost of marketing an ICO have sky rocket and we think the money is
better spent paying you to promote our ICO. This is part of our vision, businesses are better built
by sharing; it is more effective and create much higher loyalty.
Simply register on our webpage and purchase 100 tokens in our ICO and we will give you a referral
link you can share. Anyone who register using your link and support our project will make you
money. You can track the progress on our webpage.
When enough people are sharing us we will end the campaign, but those who already have a
referral link can of course keep sharing us and get paid. So act quickly to earn your rewards.
TOKEN REWARDS
Profit share
Token holders are in tittle to a quarterly pay-out of 10% of the MOG profits. Every three months
MOG will distribute the profits, initially paid in ETH, when our own cryptocurrency is launched it
could be paid in this currency (first pay-out will be January 2019).
Winnings
After a successful token campaign MOG will start to offer game Jackpots every third month and a
Grand Prize Jackpot once per year, where tickets are allocated for free to players who have played
during these months. In addition to the players, MOG Token holders will get one ticket per token
to the same draws. A successful token campaign will give us quarterly prizes of 100 000 euro, and
an annual prize 1 million euro.
The Jackpots are set by the total game revenues, so these can
become significantly bigger over time. The token sales will sponsor the Jackpots for the first two
years, enabling MOG to offer significant prizes while we are building up the game revenues.
Token backed by real assets
It is the vision of the founders that MOG will not become a public traded company, which mean
that the token holders are the only external party to earn money from MOG’s revenues. In the
event that MOG do decide to go public, token holders are entitled to exchange tokens for shares
and by doing so they can own up towards 10% of the company (20 million tokens = 10%).
What does this mean for the token holders?
We have the best lottery game in the world (Lotto Poker), so we can assume that as people learn
about us they will prefer to gamble with us. If we say that only 1% of the lotto players chose our
game, both land based, and online players will gives us annual game revenue for one game alone
of 1 billion. This could potentially return 5 million euro per year to the token holders, from one
game alone. The potential is even bigger when we add a full range of games and reach our goal of
becoming the world’s biggest online gambling company.
As a token holder you will receive tickets for all our Jackpot draws, and potentially win millions.
There will be quarterly draws and one main draw, so 5 chances per year to become a winner. This
is a lifetime offer; for as long as MOG offer these jackpots, token holders will receive free tickets.
Our goal is to become the biggest online gambling company in the world. By succeeding our
valuation will be significant, for example is today’s most valuable online gambling company worth
10 billion euro. Theoretically this could back the MOG Tokens by 1 billion euro (note that the
tokens are not a security (share).
These are bold estimates, but the simple reality is that no one have done what we are about to
do. We will turn the gambling industry upside down, players will love a company which return far
more money than any other gambling company, and which is transparent and fair. If we look at
companies such as Facebook, Uber, Airbnb to name a few, there is no limit to how significant our
growth can become. Innovating ideas combined with new technology have and will undoubtedly
keep changing the world! MOG will change the world of online gambling!
TOKEN DISTRIBUSION
Tokens will be distributed two ways: tokens purchased with fiat will be issued after the crowd sale
has ended, and tokens purchased with Ether will be issued instantly (from March first, as we have
a few deadlines to clear out in regards to the ongoing gambling development before this update).
In order to purchase MOG Tokens, supporters will have to register their name, country and email
address. Further data is required to hold the MOG Tokens, to enable us to meet standard
KYC/AML European requirements.
Upon profit shares and issuance of free tickets, MOG Token
holders will be required to meet the KYC requirements.
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AUTHOR :Alfian2015
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