Global market scale
There are already more than 100 countries and regions in the world to declare gaming legal. According to British bookmakers, the global gaming market is expected to be worth $536 billion in 2017. If all kinds of underground gaming markets are aggregated, the market size is estimated to be over a trillion dollars. There have been varying degrees of change in attitudes to online gaming in the world in recent years. As of 2016, 85 countries have legalized online gaming, creating tax revenues of about $37 billion.
Since 2017, a number of countries and regions have joined the legalization of online gaming operations, which offer high taxes to the government. This year, according to incomplete statistics, Jamaica, Colombia, Switzerland, Portugal, Poland, Romania, the United States, Massachusetts, Michigan, Pennsylvania will implement legalising online gaming. According to the research department, the global online gaming market is expected to grow at an annual rate of 11% by 2020.
Columbia places great emphasis on cash transactions. It is expected that there will be 7 online gaming license holders by the end of 2017. The market value is forecast to be $8 billion in the first year and the government hopes to generate $2.6 million in revenue through the online gaming market.
In the first five months of 2017, the state of New Jersey won more than $100 million in revenue from online bookmakers, which undoubtedly hankered after other states.
In Europe, UK online gaming has been experienced the fast growing, with about one in six adults participating in online gaming in 2016. There are over 18 million online gaming accounts throughout the United Kingdom and dozens of major online gaming sites. The numbers are gradually increasing.
The Italian government's tax revenue from online gaming was €247 million in 2016, an increase of more than 20% from 2015. The government is preparing to raise taxes on gaming bonuses above €500 from the current 6% to 10%.
Portugal has recently announced the legalization of online gaming. Online gaming companies with license need to pay the government a variable ladder rate. A 15% tax rate is charged on websites with annual income of less than 5 million euros, with the increase in income, the tax rate is up to 30%.
HeroChain Co-Sponsor / Executive Director
Master of applied finance master/communications engineering, Macquarie university, Australia. Mr. IKe Pei is a senior investor and has maintained a good cooperative relationship with the government of panama and the government of Kuwait. He is responsible for the establishment of the international digital economic zone of the kingdom of Cambodia and is the chief adviser to the kingdom of the kingdom of Cambodia. He helped the kingdom of Cambodia communicate with experts in the digital economy of the world and set up a team of experts.
General manager of DGS Group Co. LTD. Mr Ge is deeply invested in the investment market. His years of experience have accumulated rich experience, strong market, customer resources, social relations and government resources and source of funds. From the perspective of application finance, he has a unique understanding of the selection of investment targets and financing of investment projects.
Lam Un leng
President of Power Development Consultants Limited. As a senior operation management professional, Mr. Lin is rich in practical experience in the application of lean management and lean production theory. He has provided consulting services for several large group companies to reduce costs, improve quality, improve services, and build sustainable competitive advantage.
HeroChain R&d Director / (System Architect)
A master's degree in computer science from Tsinghua University. Mr. Yu has 20 years of experience in software development, 10 years of experience in financial securities industry. He is mainly engaged in the research and development of quantitative trading system, as well as the development of digital currency, block chain technology, and led the team to develop the virtual digital currency 'XXCoin'. He has been a senior engineer and strategist in MOTOROLA, Microsoft, World China International Finance and Shanghai Xinli.
HeroChain System Architect
Bachelor of software engineering, China University of Geosciences. He is mainly engaged in system architecture design (good at big data processing, analysis and trading; Block chain; Software development (C/C + +, Golang, JAVA, HTML/HTML5, JS, Python, Android development, etc.). He has been involved in major projects such as zhongguancun data exchange platform, China telecom's sky wing acceleration project, and intelligent building solutions based on the IEEE1888 agreement.
To complete market and industry research, as well as the integration of key resources.
To determine HeroChain's business model and complete negotiations on key business cooperation.
To create the digital chip HEC based on the HeroChain at one time and hold the road shows and promotional activities so as to sell the available digital chips HEC to the appropriate crowd in the right way.
International Summit Forum of Blockchain & Digital Economy, Phnom penh, Cambodia.
To complete the on-line transactions of the digital chip HEC in the first trading platform from where the market value of digital chip HEC can be managed constantly and effectively and the relative information can be disclosed timely and accurately so as to have the irregular non-fixed dividend or flexible dividend.
To complete the development of customized smart contract and the first gaming products on-line of HeroChain.
To complete the overall development and on-line of the open and blockchain network gaming platform.
To complete the full online on the main client side of HeroChain.
To complete the HEC's online transactions on 5 major trading platforms and several non-mainstream trading platforms as well as the global layout of HEC.
To continue to optimize HeroChain's products, services, profitability, and using the HEC as the total of “Nima (as the turnover of gaming fund)” ensure the continuous increase of the market value of digital chips HEC steadily with the continuous management of market value and information disclosure.