Topic: [ANN] Altdice.net -Multi coin dice game - Onchain - Provably Fair - page 2. (Read 12264 times)

Hello everybody.

First, please excuse me for the time I needed to come up with a solution and about my very poor communication.
I took a break because I didn't know how to address the situation. This is the first time something similar happens, I needed time to process the shock and find a suitable solution.
I missed the 1st of May profits payment. I just didn't know how to react.

As I said, the site and I are not going anywhere. I am a responsible person, I will stick to my word, and I'll do my best to find a solution that suits everybody.
The website is running since August 2013 and Altdice is one of the most resilient altcoin dice website over time.

Now, about the event. The offchain dice script was exploited and the site's hot wallets were emptied.
Some coins were stolen. A minor share, but still.

I didn't do the calculations yet, but I believe the stolen amount is somewhere around 1.5-2 BTC.
When that happened, I was unsure of the future of the website. For sure I wouldn't run away with investors funds, but then, what to do ?

I was thinking of selling the website so I can free some of my time and repay the investor without injecting my own funds.
But, I don't really want to give up on AltDice. There is still a lot of room for improvement.

My biggest mistake was to keep the news while I thought of some solution.
I know the first thing I should have done was to communicate about what happened. I am very sorry for this.

What happens now ? Nothing really changes.
I will buy the stolen coins back and cover 100% of the loss.
The profits for April will be paid as they were supposed to be, at the end of this month. So at the end of May investors will receive April and May profits.
Along with the profits payment, I will add 10% of your investment to compensate for the inconvenience and lack of communication.

Also, I will be looking for a new and safe offchain dice script so players can enjoy this game with a large selection of altcoins.

Now that this is posted, I will review and reply to the posts.

AltDice is a legit website. For sure I lack some management skills but I try hard to do my best.
I value honesty a lot, I won't allow that investors who trusted me suffer from any loss of coins.

Sadly the crypto community has not had a good show lately... Sorry Im jaded... Im just looking for a response. Thank you for yours...

The dev is a trusted member of the crypto community. Just because he hasn't been online for 2 weeks doesn't mean he scammed you!
I'll reach out to him (He rents some servers off me that's how I know him) and see if he replies.

Our offer

We are selling 25% of all our future profits.
Your funds will be used to increase the max bet and increase profits.
If the website is ever sold, 25% of the sale amount will go to the shareholders, proportionally to their share value.
The sale is open until we reach the target.
You earn profit only for the coins you invested with.


Get paid monthly     <---- I liked that part....

At the end of each month, we will calculate the profits for all our games and send 25% of them proportionally to the shareholders, even if the target is not reached.   <--- I guess the joke is on me...
PoS staked coins count as profit, so you'll get a share of that as well.
This will take place for the life of the game. We won't deduct any fee (server costs, etc..) from your share of the profit.
We will post monthly profit reports on our blog. Let us know if you want to be added to our shareholders monthly newsletter !
If there are losses at the end of a month, losses are carried over to the next month and shareholders will receive profits only when there is profit.

I see the Josh Garza business plan is being applied...

Dev sure was active shilling for our funds... I apologize for wanting some sort of update on what was promised... 

I was wondering myself. May 4th now...

are we going to get an April shareholders report?

So nice to see GRC games!

Nice to hear GRC being added!

Gridcoin (GRC) and Maieuticoin (MMXIV) have been added to AltDice.net !

Also, I'll be away for the easter weekend.
Thanks for your comprehension if I'm late to list the share sale and for the slow response.

Happy easter to you all !

Woops. Thanks.
I corrected the link.

Link should point to http://altdice.net/march15.php
not march25.php!

The shareholders report for March 2015 is now released.
You are welcome to see it.

Thanks to our shareholders for these opportunities.

Hey Den,

Sounds great !
Are the issues from V1 fixed ?

We lost a bunch of V1 coins in various wallet/staking bugs..
There is also a few left in our wallets. Is there a swap ?

I'll take a more detailed look into CV2 and I'll let you know.

Thanks for the suggestions.

HI Yogg !!

Colossuscoin2.0 has been launched successful on February 08, 2015!
Bitcointalk ANN
[ANN] Colossuscoin v 2.0 (CV2) | Launched! [X13] [PoW/PoS] [in 100% PoS Stage]
https://bitcointalksearch.org/topic/ann-cv2-colossuscoin20-yobitnet-novaexchange-swap-to-colx-is-closed-941433

On alcurEX Exchange https://alcurex.org/index.php/crypto/market?pair=CV2_LTC next long-term energy-efficient Crypto-Currency
 
Colossuscoin2.0 (CV2) Block Explorer http://bitexp.net/explorer.php?coin=Colossuscoin
Algo: X13  Diff: 43.92713791  Coins: 19107504340

Please add ColossusCoin2.0 to Altdice.net -Multi coin dice game!

Viacoin (VIA) has just been added to AltDice !

We are now open for betting with DGC !

I understand it of course.
It was quick, somebody payed the 50k DGC now, thanks for him. We are waiting your announcement.

Yes. Sorry for that, we know it's quite an amount. It's slightly less than 1BTC at current market prices.
Still, we got scammed so many times because of shitcoins and scamcoins (I remember Libertycoin...) that we decided not to buy new coins to fund our games.
If some coin community wants us to add their coin, we can do it, however we won't take that risk anymore.

Also, our coin slots are limited. This is why the amount is so high.
We aim to offer high limits, fast and reliable quality games.
In exchange, the coin will remain on AltDice.net and we'll scale our setup to keep accepting more and more coins.

It's been a while AltDice is around. We did things in a different way before. Nobody has been disappointed.
If someone has a complaint or request about anything, please contact me. We'll sort it out.

Excellent, thanks yogg