What is Royale Finance (ROYA) | What is ROYA token

The iGaming industry is expected to reach $127 billion by 2027. This growth will be led by online sports betting, online poker platforms, and online casinos. However, the current constraints of technology as well as barriers to entry for both users and iGaming entrepreneurs have throttled this development. The emergence of new DeFi tools can help overcome these constraints.  Royale.finance will lead the way.

Image for post

Royale sees a future that combines DeFi and iGaming to make a powerful new force in this quickly growing industry. We call it iGDeFi. With Royale Finance at the helm of this twin-powered ship, we aim to provide tools that create the best experiences for DeFi protocol users, gamers and iGaming entrepreneurs. Our iGDeFi concept is a compelling application of these new financial tools that have burst onto the crypto scene in 2020.

iGaming Faces Challenge Slowing Its Growth

The iGaming market is centralized between a few actors delivering online wagering products and services. While the top players in the industry represent $6.38 billion in revenues, the centralization creates an oligopoly where entry prerequisites make it almost impossible for new projects to compete with them. The current monopoly has negative impacts on market growth, hindering innovation. The incumbents maximize yields for their own benefit within a centralized governance model that prevents any changes.

Entrepreneurs and newcomers to the iGaming industry cannot compete. First, a lack of available liquidity for new and intriguing games and platforms crushes innovation. As a result, many players do not even enter the iGaming industry. Talented entrepreneurs quickly move on to more fertile startup grounds. One of these stifling limitations is the requirement for iGaming platforms to provide insurance that ensures that winner payouts can be made at any moment under any circumstance. Raising funds for a bankroll takes time, is complicated, and must be able to quickly scale to accommodate the volume played on the platform. This type of funding is difficult to obtain, leaving many new potential entrants that have developed fun, entertaining and fresh-faced platforms stuck when it comes to bankrolling and marketing them. New entrants simply cannot access the resources they need to grow.

Trust amongst operators and players is a second critical issue. Incumbents have already gained a form of player trust as they have been in the iGaming space for several years. Even if third party audits are performed to ensure security and a certain level of transparency, games can still be manipulated on the server side. New entrants, who lack insider status and are technologically constrained, perhaps by limited budget or perhaps by a lack of experience, hardly have the resources to build trust with gamers. If they try to maintain the same methods and technologies used by the incumbents, it is extremely hard for them to gain their players’ trust. New unknown brands need to gain traction before earning gamers’ trust, which can take years. However, with provably fair gaming, the lack of trust between users and new iGaming platforms instantly goes away. iGaming entrepreneurs can attract users to their platform without this constraint from Day 1.

Incumbents and new entrants are worlds apart. But recent advances in DeFi protocols can now be integrated to push forward innovation and trust. Royale will use the pooled liquidity models and governance structures of DeFi to overcome these challenges and accelerate the growth of an entirely new iGDeFi niche in the $100 billion-plus iGaming industry.

iGaming + DeFi = a Brand New World Of Opportunity!

The rapid growth of the DeFi ecosystem this year has so far captured more than $14 billion in total value of cryptoassets locked into decentralized protocols. Liquidity pools, liquidity mining, lending & borrowing protocols, automatic market makers, automated investment strategies, decentralized insurance and options protocols have all made a mark on our conscience this year. Royale believes this rush of innovation is the perfect complement to iGaming. The result should create a more fair, sustainable, and optimal value capture ecosystem. iGDeFi is applying the use of innovative DeFi tools in the iGaming industry. The cherry on top is that iGDeFi value flows should be largely uncorrelated to the ups and downs of the nascent DeFi asset market.

The Royale ecosystem will be a cross-chain DeFi solution that provides tools for entrepreneurs to fund the bankroll of their platforms and games via community smart-backed liquidity. The Royale community will provide liquidity in the form of a loan and receive stability fees from the iGaming platforms. This simple, yet powerful mechanism has the potential to trigger a wave of innovation in the space, lowering entry barriers to the iGaming industry for scrappy DeFi-infused gaming entrepreneurs.

Transparency is key in the Royale ecosystem. A precondition for accessing smart-backed liquidity is that Royale’s network participants must use provably fair technology, an algorithm that allows for a verifiable and untamperable source of truth that sustains a truly trustless network. Combined with the power of blockchain, Royale Finance will transform the iGaming industry from one that currently always suspects the house to one that will have no other choice but to implicitly trust it, largely because many of the mechanisms used to drive gaming logic will be on-chain as will some of the platform’s funding sources.

Finally, decentralization will be a priority. We intend to distribute $ROYA, the governance token of the Royale ecosystem to our liquidity providers through liquidity mining programs. Liquidity providers will be able to submit proposals, discuss them, and vote for them by staking their $ROYA. Three staking lots have been defined: Royale Queens, Royale Kings, and Royale Flush nodes. According to their rank, based on the amount of $ROYA staked, stakers will have different duties and rights.

To conclude, Royale Finance offers entrepreneurial freedom, fair competition, cross-chain liquidity, transparency and decentralization to its network participants. Blockchain technology was invented to support the creation of decentralized finance (DeFi). Now that the first wave of base layer DeFi protocols have established themselves in the crypto firmament, it is time to use this foundation to catapult ourselves into the proper transformation of niche industries that desperately could use blockchain assistance. DeFi has the capacity to transform the iGaming market. Royale Finance is doing it with iGDeFi.

IDO Price, Valuation & Vesting

The Royale IDO price is as below, along with other relevant valuation details. This public round will open on Monday, December 21st at 1pm UTC time. The only crypto that can be accepted in this IDO will be Ethereum (ETH). The ETH peg will be set on the day of the IDO

  • 👑 Total Supply: 72 million $ROYA tokens
  • 👑 Circulating Supply at TGE: ~8,562,400 $ROYA tokens
  • 👑 Supply Offered in IDO = 2,500,000 $ROYA tokens
  • 👸🏻 $ROYA Token Price at IDO = US$ 0.12
  • 👸🏻 $ROYA Market Cap at IDO = US $1,027,488
  • 🤴🏻 $ROYA Market Cap Fully Diluted = US $8.64M

We’ve purposefully kept the fully diluted market cap low to offer our early supporters the chance to be handsomely rewarded. All tokens in the IDO public sale will be fully unlocked after the initial lock period of 18 days. On that same day of unlock, we will then be listing $ROYA on a centralized exchange on January 8, 2021. More details to follow.

Unlike the previous two Polkastarter IDO’s, we will not be immediately listing on Uniswap. This decision was not made lightly. In the end, we want to do what’s best for the project and also for the Royale families involved in the project. The core team has been pushing hard for months on developing the platform, building brand awareness, solidifying top-tier partnerships like we have with our insurance partner TIDAL, and in general just being resplendent in bringing this noble vision to life. We owe it to our families to be with them during this holiday time, especially this year. We may have some holiday surprises for you, however, so stay tuned!

Unlocking the Power of Polkastarter

Our intention from the very outset of Royale has been to conduct an IDO in order to give as many people a chance to share in the upside value that we aim for. We purposely gave our institutional partners limited allocations in order to be able to provide more opportunity for our burgeoning community of nearly 3,500 Twitter followers and 2,500 Telegram members.

As part of this strategy, we’re leveraging two of Polkastarter’s most powerful features to ensure that our $ROYA token distribution event will be as fair and equitable as we can possibly make it:

  1. 👑 The ability to set a max contribution per address
  2. 👑 The ability to safelist addresses

These features are a great way for us to leave enough room in the public distribution event for genuine supporters to join our community of token holders. Though there are always unforeseen loopholes that come about when conducting a decentralized affair, we would very much like to conduct a public token distribution event without the front-running bots that plague many other decentralized listings, creating high gas fees and crowding out the would be Royale-ty.

In this IDO, we will also be testing out another feature of the Polkastarter technology stack — the ability to timelock or vest tokens that are spoken for in the IDO. Once you have a successful entry, your $ROYA token allocation will show up in the “Your Allocation” section of the Polkastarter website, along with the date and time of the regal unlock ceremony of your $ROYA tokens.

IDO Contribution Limits

We can’t express how appreciative and humbled we are by all the well-wishers that have expressed interest in the Royale IDO. We’ve seen contributors from all over the world, from all kinds of ethnicity, age, gender, and profession. Royale knows no borders and aims to create true value for all.

There will be no minimum contribution for this event. However, the maximum contribution per address is set as below

  • 👑 Total Raise in ROYA IDO: US$ 300,000
  • 👸🏻 ROYA IDO minimum contribution per wallet: US$ 0
  • 🤴🏻 ROYA IDO maximum contribution per wallet: US$ 500 worth of ETH

By placing a maximum cap of $500 per address for a total raise of $300k, we hope to allow at least 600 future Kings and Queens to partake, which would be a truly majestic feat.

Would you like to earn many tokens and cryptocurrencies right now! ☞ CLICK HERE

Looking for more information…

☞ Website
☞ Social Channel
Message Board

Thank for visiting and reading this article! I’m highly appreciate your actions! Please share if you liked it!

#bitcoin #cryptocurrency #royale finance #roya

What is Royale Finance (ROYA) | What is ROYA token
24.30 GEEK