Topic: A Casino On Steem Blockchain - page 3. (Read 890 times)
Steemit is a cool initiative to support qualitative content about cryptocurrencies. I made an account there a long time ago, but I never started using it (maybe I will once). It's cool that there's a casino on steem blockchain now. However, I agree with other members that 2% house edge is a bit high, and that it's not very convenient that one needs a steem account to even start using the casino. After all, it's not like it's easy and fast to make that account, you know. And it might really scare off potential gamblers, because additional time-consuming procedures are not very encouraging.
Without any ado, it's Magicdice.
Magicdice is dividend paying casino on Steem Blockchain. Steem being one of the fastest Blockchains around, all transfers and results are done instantly.
Dividend word should have caught your attention, so how do you get them?
You get dividends by holding Magic token, and you get Magic token by playing on the platform (until SMTs arrive, that's the only way to get Magic token). The the more you wager the more you earn. Reward halves after every 5% tokens issued (so the sooner you get in, the better for you).
Current Magic token reward is 25 Magic per 1 Steem wagered.
Read more about Token mechanism
Dividends automatically gets accumulated to you everyday and can be withdrawn once you reach minimum — minimum payout is 0.001 steem/sbd.
To withdraw go here, you will see accumulated dividends, click on 'Claim dividends' to get it into your Steem account.
I have around 60k Magic and above is what I have accumulated in last 3 days.
Magicdice has 2% house edge and only Dice game is currently supported. There is no need of KYC whatsoever.
Tips:
— Only gamble you can afford to lose
— Use blocktrades to convert your BTC/LTC/Ether/.. to Steem/SBD instantly- https://blocktrades.us
— Use steem keychain for better experience— Introducing Steem keychain
— If you use steemconnect to authorize your bets make sure to use your active key and NEVER owner key or master password.
Let me know your thoughts in comments below!
Magicdice is dividend paying casino on Steem Blockchain. Steem being one of the fastest Blockchains around, all transfers and results are done instantly.
Dividend word should have caught your attention, so how do you get them?
You get dividends by holding Magic token, and you get Magic token by playing on the platform (until SMTs arrive, that's the only way to get Magic token). The the more you wager the more you earn. Reward halves after every 5% tokens issued (so the sooner you get in, the better for you).
Current Magic token reward is 25 Magic per 1 Steem wagered.
Read more about Token mechanism
Dividends automatically gets accumulated to you everyday and can be withdrawn once you reach minimum — minimum payout is 0.001 steem/sbd.
To withdraw go here, you will see accumulated dividends, click on 'Claim dividends' to get it into your Steem account.
I have around 60k Magic and above is what I have accumulated in last 3 days.
Magicdice has 2% house edge and only Dice game is currently supported. There is no need of KYC whatsoever.
Tips:
— Only gamble you can afford to lose
— Use blocktrades to convert your BTC/LTC/Ether/.. to Steem/SBD instantly- https://blocktrades.us
— Use steem keychain for better experience— Introducing Steem keychain
— If you use steemconnect to authorize your bets make sure to use your active key and NEVER owner key or master password.
Let me know your thoughts in comments below!
It is good site but only useful for those who already have steem account. I am not a big fan of steem and I really do not see any reason to quit my current gambling site and try out this one. However, generally speaking, This will be a good addition and also it will make steem coin more useable.
Did you authorize the transaction using steemconnect or used steem keychain? You will see a roll animation, when used with keychain.
Hope I am not being a fanboy? Lol.
Hope I am not being a fanboy? Lol.
I use SteemConnect, I do see the roll animation but it's a little bit delayed compared to other casinos I play at.
The whole experience isn't that great, I mean you can't even autoroll, like I mentioned before.
Off topic question, do you make money with auto rolls?
There is 2% house edge, rewards collected from it is used to fund the development and around 60% is distributed to players holding magic tokens.
Its actually high compared on most dice sites as of todays but its considerable yet 60% of it is being distributed with that dividend system.Not sure if I get it. How would you get the fun if it's on auto rolls and you don't care about profitability either.
Edit: You can use anonsteem to get Steem account without waiting (It costs 4 USD): https://anon.steem.network
So you have to spend 4 USD to have the convenience? I don't think this is attractive to gamblers, personally I would prefer a gambling site where it's easy to access
or not having much requirement and would be better if I will receive a sign up bonus not that I will pay in order to sign up.
Not necessarily. Go through native steem sign up process, it's free.
There are thousands of steemit users already, so magicdice is easy to access for them. Those who are not can become one or ignore.
Edit: You can use anonsteem to get Steem account without waiting (It costs 4 USD): https://anon.steem.network
So you have to spend 4 USD to have the convenience? I don't think this is attractive to gamblers, personally I would prefer a gambling site where it's easy to access
or not having much requirement and would be better if I will receive a sign up bonus not that I will pay in order to sign up.
Did you authorize the transaction using steemconnect or used steem keychain? You will see a roll animation, when used with keychain.
Hope I am not being a fanboy? Lol.
Hope I am not being a fanboy? Lol.
I use SteemConnect, I do see the roll animation but it's a little bit delayed compared to other casinos I play at.
The whole experience isn't that great, I mean you can't even autoroll, like I mentioned before.
Off topic question, do you make money with auto rolls?
There is 2% house edge, rewards collected from it is used to fund the development and around 60% is distributed to players holding magic tokens.
Its actually high compared on most dice sites as of todays but its considerable yet 60% of it is being distributed with that dividend system. 
This is a promising project though casino on steem blockchain is a great idea. But yes, some of the people will still stick to the traditional and it won't change but this is really a great project and I will wait for it.
By the way, I don't have an idea of how steemit works.
By the way, I don't have an idea of how steemit works.
As a full member you should be knowing that referral links are not allowed.
By the way this site look nice and I hope they make it to the top. Good to see that every other day we are seeing new gambling sites. This means gambling industry is huge.
Edit:
I think it's not possible to test the system without connecting the steem account.
By the way this site look nice and I hope they make it to the top. Good to see that every other day we are seeing new gambling sites. This means gambling industry is huge.
Edit:
I think it's not possible to test the system without connecting the steem account.
Have you tried opening an account on steemit? It actually not that hard or privacy demanding. Maybe they changed things recently... when I opened an account last two years nothing too private was demanded from me. You coud use anonymous username if you want to. It is not like normal social media like Facebook.
Native steemit account creation requires phone number to prevent abuse other than that anonymous accounts are possible with anonsteem, steemninja and from other such services.
You can also create directly with your account's RCs provided that you have enough sp (atm minimum is around 5k sp).
As a full member you should be knowing that referral links are not allowed.
By the way this site look nice and I hope they make it to the top. Good to see that every other day we are seeing new gambling sites. This means gambling industry is huge.
Edit:
I think it's not possible to test the system without connecting the steem account.
By the way this site look nice and I hope they make it to the top. Good to see that every other day we are seeing new gambling sites. This means gambling industry is huge.
Edit:
I think it's not possible to test the system without connecting the steem account.
Have you tried opening an account on steemit? It actually not that hard or privacy demanding. Maybe they changed things recently... when I opened an account last two years nothing too private was demanded from me. You coud use anonymous username if you want to. It is not like normal social media like Facebook.
As other users are saying, I am too completely agreeing that Steem is one of the best in crypto currency.
But as Far a Casino is concerned it should more focus on serving the players rather making its own profit.
The UI and Interface should be frienndly for the user and therefore people will love to spend time there.
The Game's performance also plays a major role into attracting players to the site.
I will surely give a test to the site and will let my feedback very soon.
But as Far a Casino is concerned it should more focus on serving the players rather making its own profit.
The UI and Interface should be frienndly for the user and therefore people will love to spend time there.
The Game's performance also plays a major role into attracting players to the site.
I will surely give a test to the site and will let my feedback very soon.
There is 2% house edge, rewards collected from it is used to fund the development and around 60% is distributed to players holding magic tokens.
As other users are saying, I am too completely agreeing that Steem is one of the best in crypto currency.
But as Far a Casino is concerned it should more focus on serving the players rather making its own profit.
The UI and Interface should be frienndly for the user and therefore people will love to spend time there.
The Game's performance also plays a major role into attracting players to the site.
I will surely give a test to the site and will let my feedback very soon.
But as Far a Casino is concerned it should more focus on serving the players rather making its own profit.
The UI and Interface should be frienndly for the user and therefore people will love to spend time there.
The Game's performance also plays a major role into attracting players to the site.
I will surely give a test to the site and will let my feedback very soon.
This is an interesting one.
I thought blockchain gambling & tokens issuance on blockchain is ony possible on mosty EVM platform like EOS or Ethereum. How is this possible? Thought heavy activities can slow down the blockchain
I thought blockchain gambling & tokens issuance on blockchain is ony possible on mosty EVM platform like EOS or Ethereum. How is this possible? Thought heavy activities can slow down the blockchain
Steem is much like EOS, on eos you need cpu/net/ram while Steem require steem power.
Btw, what you mean by EVM?
The game is developed on the steem blockchain which is one among the best in the cryptocurrency network. This kind of gambling access keeps growing, more the tokens staked more will be the earning. Same as this on eos platform another gambling site bet50 is running. Every 5% of tokens issued halving takes place. That's impressive and these will not let these tokens circulation down.
This is an interesting one.
I thought blockchain gambling & tokens issuance on blockchain is ony possible on mosty EVM platform like EOS or Ethereum. How is this possible? Thought heavy activities can slow down the blockchain
I thought blockchain gambling & tokens issuance on blockchain is ony possible on mosty EVM platform like EOS or Ethereum. How is this possible? Thought heavy activities can slow down the blockchain
Did you authorize the transaction using steemconnect or used steem keychain? You will see a roll animation, when used with keychain.
Hope I am not being a fanboy? Lol.
Hope I am not being a fanboy? Lol.
I use SteemConnect, I do see the roll animation but it's a little bit delayed compared to other casinos I play at.
The whole experience isn't that great, I mean you can't even autoroll, like I mentioned before.
Off topic question, do you make money with auto rolls?
Did you authorize the transaction using steemconnect or used steem keychain? You will see a roll animation, when used with keychain.
Hope I am not being a fanboy? Lol.
Hope I am not being a fanboy? Lol.
I use SteemConnect, I do see the roll animation but it's a little bit delayed compared to other casinos I play at.
The whole experience isn't that great, I mean you can't even autoroll, like I mentioned before.
It's only interesting if you already have a Steem account.
For a dice site, it isn't actually all that great, several important features are missing.
There's no autoroll, so you have to bet manually each time.
The betting is not instant, you have to wait a bit before you actually roll.
Lastly, the website is kinda buggy sometimes, with your balances not updating.
For a dice site, it isn't actually all that great, several important features are missing.
There's no autoroll, so you have to bet manually each time.
The betting is not instant, you have to wait a bit before you actually roll.
Lastly, the website is kinda buggy sometimes, with your balances not updating.
Yes, it's been online for couple months, more updates should be coming.
Did you authorize the transaction using steemconnect or used steem keychain? You will see a roll animation, when used with keychain.
Hope I am not being a fanboy? Lol.
It's only interesting if you already have a Steem account.
For a dice site, it isn't actually all that great, several important features are missing.
There's no autoroll, so you have to bet manually each time.
The betting is not instant, you have to wait a bit before you actually roll.
Lastly, the website is kinda buggy sometimes, with your balances not updating.
For a dice site, it isn't actually all that great, several important features are missing.
There's no autoroll, so you have to bet manually each time.
The betting is not instant, you have to wait a bit before you actually roll.
Lastly, the website is kinda buggy sometimes, with your balances not updating.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
p.s. I didn't expect you guys wouln't have Steem account, it's social media of crypto world.
You will be surprised to know that there are a lot of people who do not use social media regardless its in blockchain or owned by an organization like Facebook. And still enjoying their life. I am with them too.Cheers :-)
~snip~
Edit: You can use anonsteem to get Steem account without waiting (It costs 4 USD): https://anon.steem.network
You really think people have time to go through this while they have available other betting sites? I am not criticizing the site but I am trying to find a good reason for me to be a customer for them. These days people have so many options with betting sites. Edit: You can use anonsteem to get Steem account without waiting (It costs 4 USD): https://anon.steem.network
If you read the post then you'd find the reason, and native Steem(it) account creation is slow so I gave option.
p.s. I didn't expect you guys wouln't have Steem account, it's social media of crypto world.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
~snip~
Edit: You can use anonsteem to get Steem account without waiting (It costs 4 USD): https://anon.steem.network
You really think people have time to go through this while they have available other betting sites? I am not criticizing the site but I am trying to find a good reason for me to be a customer for them. These days people have so many options with betting sites. Edit: You can use anonsteem to get Steem account without waiting (It costs 4 USD): https://anon.steem.network
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