Joy Token (NEW ICO) VRIO Analysis

Hasil gambar untuk joy token
Joy Token creates a product (for gambling) that allows independent developers to add games to a platform optimized for public usage, and players have access to complete transparency of payments through the power of the blockchain.

Here’s a look at the value addition and team of Joy Token.

Part 1: VRIO Analysis

VRIO analysis gives a crisp and tight snapshot of the odds of success of a project.

I’ll be analyzing whether Joy Token genuinely adds value to the overall state of cryptos and whether its value-addition is sustainable and maintainable.

A. Value:
A project is valuable if it allows a better means of exploiting resources.
Joy Token’s main source of success could be its value-addition for not just users, but developers too.

  • Joy Token is bringing a whole new wave of potentially successful games to the market that could draw in entire new force of interest. The best part is that they don't need to exert resources for this: the platform is designed to incentivize developers to innovate new concepts. An optimized sales funnel could easily convert new interest into solid customers. So the platform isn’t just taking a piece of the market share; it’s making the market bigger and then taking a piece of it.
  • Joy Token is making a revolutionary bound in terms of the transactional aspect of gambling. Joy Token evens the ground between the house and the customer by offering a completely transparent environment. This ensures that the playing field stays fair and it’s easy to see that gamblers' experience is greatly improved when there is complete transparency.

B. Rarity:

The goal of a blockchain product should be to offer something tough to achieve without the utilization of the blockchain.
Gambling exists without the aid of the blockchain, but the main rarity offering from Joy Token is something that cannot be offered without the blockchain: transparency. Transparency is one of the prime blessings this new technology offers and JoyToken is leveraging this factor in the way it will handle all transactions (particularly the rewards) for customers and developers.

Joy Token intends to make the experience of gambling fairer than ever before. This offer makes the whole gambling environment offered by this platform extremely rare as it is designed to be customer-centric with an optimized goal of enhancing customer comfort.

Additionally, by utilizing an internal currency, Joy Token is making the most seamless payment system ever. Players and developers will conveniently rewarded and paid, respectively, by the platform in a convenient and swift manner. The sense of immediate rewards will add additional thrill to the gaming experience while further incentivizing developers to innovate and create better games.

C. Imitation:

Given that blockchain sphere is still in its youth, imitation is commonplace in the blockchain environment. But Joy Token is targeting something that is tough to imitate because the product has many layers of operations.
The company is building a platform that focuses on multiple competitive edges. First and foremost, Joy Token is being added to an existing gaming site: PlayCosmo Casino.

The team has already established not only the legal jargon necessary for building a gambling product, but has also already delivered a functioning product. This is a testament to the team’s understanding of the market. Moreover, it makes the process of deliver JoyToken easier as a good portion of the groundwork is already laid out; this team has a strong head start on any potential imitator. This fact should thwart copy-cat moves.

Also, the degree of expertise necessary to build a project like this are tough to find. This platform combines knowledge of gambling, the legal measures related to gambling, grasp of business operations, and a strong technological grasp of user interface optimization and blockchain utilization.

While there are some talented teams in the blockchain community that could pursue an imitation of this platform, they are already dedicated to their own high potential projects and they would not jeopardize the success of their goals and their reputation to imitate another project; particularly, a project that already has such a large head start and will soon be able to grasp market share.

Joy Token is safe from imitations.

D. Organization:

Any company is essentially a successful effort of a group of individuals. Any crypto project’s success heavily rests on the capability of its team to properly manage and organize all efforts and funds.
Joy Token’s team has considerable experience in the target industry and have already built a gaming site. The company has already shown that they are dedicated to the project and genuinely understand what they are dealing with. Its members are qualified to build the platform necessary to carry out this project.

Part 2: Essential Information

Blockchain: ETHEREUM
Ticker: JOY
Accepts: ETH
From: UK
Can’t Participate: USA; CHINA

Author: sandysan
ETH: 0x022DfD639385A07a9EE272404854fE6598fEBA4b

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