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Re: Yo-Yo post# 34697

Monday, 12/11/2017 1:43:11 PM

Monday, December 11, 2017 1:43:11 PM

Post# of 94995
$$DNAD

Over the past 6 months, since becoming CEO, I have been researching the best of breed offerings and looking at competitors in the space we are going to operate within. I am now in a position to lay out for you the strategic acquisitions we are going to make, the ‘home-grown’ products we are going to develop and describe how I see them integrating to make a single homogeneous offering that is an end-to-end experience for our gaming clients.

Our aim is to create a ‘skills-based gaming’ platform where players pit themselves one against the other to put their knowledge and experience to the test for profit. A really good explanation of what Skills Based Gaming is can be found in Nevada’s Regulation 14.010(10) which states that “a Game of skill is defined as a game in which the skill of the player, rather than chance, is the dominant factor in affecting the outcome of the game as determined over a period of continuous play.”

The gaming platform that we are currently evaluating and undertaking due diligence on is initially to be based around sports activities such as Football, Baseball, Soccer and Basketball.

In order to comply with the various State rules around Games of Skill, we went looking for a compliant ‘payment processing system’ that allowed gamers to ‘swap’ their winnings for crypto-currencies or ‘game-coins’ that can either be stored in a digital wallet or even used within other games. A player can keep their winnings in our own home-grown crypto-currency; they can ‘swap’ it for bitcoins or another popular crypto-currency; or they could again ‘swap’ them, this time for coins that can be used in third party games and entertainment.

This has taken us into the ‘crypto-currency’ arena and, whilst we are some way away from having anything meaningful to launch as we are still only now drawing up memorandum of understandings for third parties, we believe that the final end-to-end platform will be something pretty special, something unique and something very valuable. Our operational headquarters have been moved to Europe and we are scouting for the right office space currently.



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