WINIOTA announces its ICO to become the FIRST Decentralised On-Tangle Provably Fair Casino & AI enhanced Sports betting Platform

- WINiota platform enables super-fast transactions that won’t need a hot wallet - Zero transaction fees platform that is Community focused- offering vast community rewards - Artificial Intelligence (AI) enhanced Live sports betting

Gibraltar - May 12, 2018 /MarketersMedia/ —

WINiota is announcing the launch of WIT token, the first decentralized on-tangle provably fair casino & AI enhanced sports betting platform. The platform is based on a transparent, nearly instant, peer-to-peer Open Blockchain technology – Iota flash channels and the Iota tangle.

Online gambling industry is one of the fastest growing industries in the world, the industry boosted of 47.11 billion USD, volume in 2018 and is forecasted to grow to 59.79 billion USD in 2020. However, the online gambling industry comprises of many issues that somewhat originate from lack of trust. WINiota aims to bring back transparency and value to the gaming community.

Bastian Fritsche, Co-Founder of WINiota, said: “The introduction of WINiota will solve the biggest problems facing online gambling industry today: trust, speed and cost. Integrating blockchain technology in particular- Iota flash channels and the Iota tangle, can provide the much-needed speed, transparency and fairness to the online gambling space.”

WINiota is building a community driven platform with a wide variety of provably fair casino games. The platform enables nearly instant transactions that won’t need a hot wallet and winnings are transferred directly into the players wallet. Additionally, the zero-fee payment solution will open the WINiota players community to micro stake and high rollers alike. Mr. Fritsche further added: “We are building a community driven platform and will reward our community in a provably fair weekly raffle in which 50% of the profits generated will be raffled to WIT token holders.”

WINiota's decentralised sports betting brings to the industry an innovative arsenal of pre-match and live sports bets based on IOT sensor data built into sports equipment such as rackets, footballs etc. WINiota’s live betting model will facilitate Artificial Intelligence (AI) using the latest Deep Neural Network technology to further enhance the accuracy of betting odds.

WINIOTA Coin’s ICO presale will begin on the 1st of June, 2018 and will end on June 14th. The public sale is expected to begin 1st of July and will continue until 1st of August 2018. The ICO will end early if the hard cap is reached prior to the end of the public sale. Key information on the token sale, including white paper, token structure and use of proceeds, is available on the ICO website:

WINiota is developing a community driven, On-tangle provably Fair Casino & Artificial Intelligence enhanced Sports betting platform. We aim to be global leader in the innovative decentralised gaming and betting industry, by focusing on transparency and provably fair technology. For more information, please visit

Contact Info:
Name: WINiota
Organization: WINiota

Source URL:

For more information, please visit

Source: MarketersMedia

Release ID: 344234

More News From Fortune Week

'Black Panther' designer Ruth Carter on her start, Spike Lee

Feb 19, 2019

LOS ANGELES — It's a big week for Ruth E. Carter, who on Sunday could become the first African-American to win an Academy Award for costume design through her Afro-futuristic wardrobes in "Black Panther." But before that show, Carter will receive a career achievement award Tuesday at the 21st annual Costume Designers Guild Awards. She talked about her early years with Spike Lee and her favorite "Black Panther" costumes during a recent interview with The Associated Press . WHERE IT ALL STARTED Carter still possesses her sketches from her college days at Hampton University and during an internship with the...

Jailed Citgo executives in limbo amid Venezuela turmoil

Feb 19, 2019

HOUSTON — A faint voice comes through the crackled phone line. On the other end, Tomeu Vadell, speaking from a military counterintelligence prison in Venezuela's capital, asks his daughters in Louisiana whether they've gone to church and says he plans to spend his Sunday doing pushups to keep his body and spirit intact. The call ends abruptly after two minutes, leaving Cristina and Veronica Vadell wondering when they'll next hear from their dad, who along with five other executives from Houston-based Citgo has spent 15 months jailed in Venezuela on what their families say are trumped-up corruption charges "He always...

Clark: Some teams make little effort to justify ticket costs

Feb 19, 2019

NEW YORK — Players' union head Tony Clark took the extraordinary step of saying baseball fans should question whether it makes sense to purchase tickets for some teams, responding to Commissioner Rob Manfred's assertion that free-agent players have failed to adjust their economic demands in a market upended by analytics. Top free agents Bryce Harper, Manny Machado, Craig Kimbrel and Dallas Keuchel remain unsigned with spring training under way, creating tension during negotiations on management's proposals for a pitch clock and new limitations on relief pitchers. The union responded with a wider list of plans that include economic initiatives such...

Lisa Borders steps down as head of Time's Up organization

Feb 19, 2019

LOS ANGELES — Lisa Borders says she has resigned as president and CEO of Time's Up, the gender equality initiative formed last year in response to sexual misconduct allegations in Hollywood. Borders says in statement Monday that she is stepping aside "with deep regret" due to family issues. She didn't elaborate. Chief Operating Officer Rebecca Goldman will serve as interim CEO while the organization conducts an executive search. Borders, former president of the WNBA, was named head of Time's Up last year. The organization was formed in January 2018 in response to sexual misconduct allegations leveled against powerful men in...

2020 hopeful Warren to unveil universal child care plan

Feb 19, 2019

WASHINGTON — Sen. Elizabeth Warren is planning to unveil a universal child care plan that would guarantee American families access to child care. The Massachusetts Democrat, a 2020 presidential candidate, would use part of the revenue from her proposed tax on the ultra-wealthy to fund her child care plan. A person familiar with the plan outlined it ahead of its release Tuesday on condition of anonymity. Warren's plan would set up a federal program to guarantee child care from birth until children's entry into school. Families with income less than 200 percent of the poverty line would get free access....