10X ANNOUNCE CROWDSALE FOR BLOCKCHAIN BASED LOTTO / TRADING GAMEOpens: August, 20 2017 00:00 UTC10X is the first game of its kind to connect both gambling and trading in the same game play.
10X is an innovative take on the Lottery game, but adapted to the blockchain technology for an optimum security and with some unique innovations that makes it a game of a new kind.
How does it works?
You bet some Ether on your favorite number between 1 to 9 and if it is drawn, you win 10 times what you bet in Ether. You have 1 chance to 10 to win 10 times your bet.
If you lose, you receive 10 times your bet in 10X tokens. You can then trade and continue the game in the exchanges. You have nothing to lose.
The ICO
In order to fund the house, 10X will do an ICO where we will offer the 10X tokens at a bargain price in exchange of Ethers. The 10X ICO will open on the 20th of August, 2017 at UTC 0:00. It will last 10 days and end on the 30th of August, 2017 at UTC 0:00.
Technical Specs
A limited supply of 10,000,000 tokens will be distributed at the ICO.
30,000,000 are printed in order to supply the game, and the exchange.
More can be minted if necessary, we will monitor how the token evolves and insure that it goes to the ultimate goal: to reach 0.10 Ether for 1 token.
10X has been designed to be the most adapted and efficient token to fit into the blockchain. It is a limited state machine that can switch alone into 5 game modes depending on its reserves and it success.
No need to explain how much the lottery game is popular all over the world and specially in Asia where the 10X game has been conceived.
The goal of the game is to reach 1 tenth of the Ethereum value. Because it delivers 10 tokens for each loss, every time someone play and lose, the value of the 10X token is driven into that direction like a magnet, it is genetic.
"10X is not another futarchy app that will never work. 10X is a viral community smart contract that is both a fun game to play with a 10 time bet reward, but also the first game to really explore the new possibilities of the blockchain technology and the Ethereum smart contracts by delivering shares of its value to the ones who are loosing. Each player is a potential investor. It is a win-win game for both the tokens holders and the game players. All members of the 10X community are in the same boat, and we only need to attract as many players as possible from all over the world to see the value of the 10X token growing organically. The way this contract is working makes it a game of a new kind."
Crowdsale StructureStarts: 20th August
Duration: 10 days or less if all the tokens are distributed.
Crowdsale pool: 40,000,000 10X tokens total. 10,000,000 for the ICO, 10,000,000 to 2 escrow addresses, 10,000,000 kept in the contract to supply the game.
More can be minted anytime if necessary.
Minimum: 100 ETH is the minimum to run the game
Maximum: 5000 ETH, the maximum bet possible = 1/100 of the house reserve. The more ETH the higher the maximum bet is. For example if the house own 1200 ETH, the maximum bet is 12 ETH.
The ETH will stay in the house to supply the winners. The owner will take some ETH to pay for advertising once the ICO is finished. The more player, the more 10X grow. A lot of advertising in Asian markets is necessary.
1 ETH = 2000 10X at the ICO / 1 ETH = 10 10X in game mode.
SecureThis contract is also the most secure game published in the blockchain to date, with a bulletproof – or miner proof – random generation that does not rely on any external resource. No connection to Oraclize is necessary, the contract leaves 100% inside the blockchain .
The contract also adds tarpitting (at the ICO) to avoid spam and bots. Automatic blacklisting of addresses acting suspiciously, and an additional security that disable the owner access to the contract in case of the contract is hacked or stolen. Security is our number one priority.
ContactThe owner of the contract is actively supporting the project days and night though Discord App and will be more than happy to answer to any question you may have at
https://discord.gg/Pks5wh9Note: due to the inner nature of the game, the ICO never really finish, the game can switch back to crowdfunding mode if it runs out of ETH. The game mode distribute 1 ETH = 10 10X to the player who loose, while the ICO mode distribute 1 ETH = 2000 10X to the funders, the ICO is the way to get tokens at a bargain price.
Note2: the token is well designed to offer all flexibility to change dynamically anytime, mint more token, buy the tokens if there is an excessive supply that stall the token value. The 10X token will be a well managed token in the exchanges. See you at
https://hitbtc.com soon. I will be in the TrollBox.