An example of cheating that is not possible with provably fair games
https://youtu.be/NN5a0-WBOxc
Topic: [ANN] DAO.Casino - Blockchain Protocol for the Gambling Industry - page 23. (Read 57484 times)
June 27, 2017, 02:32:11 PM
June 27, 2017, 12:18:35 PM
Less than 48 hours left for the beginning of DAO.Casino ICO !
ICO here: https://dao.casino/
Bruce Elliott and Eric Benz have been presented as project advisors.
https://medium.com/@dao.casino/dao-casino-presents-project-advisers-bruce-elliott-and-eric-benz-c867fab25b0f
ICO here: https://dao.casino/
Bruce Elliott and Eric Benz have been presented as project advisors.
https://medium.com/@dao.casino/dao-casino-presents-project-advisers-bruce-elliott-and-eric-benz-c867fab25b0f
June 25, 2017, 04:20:52 PM
did apply for translating to italian when we will get an aswer if you have to start to arrange ours thread? thanks
June 24, 2017, 05:45:34 PM
DAO.Casino Announces Terms of its Token Sale to be held June 29
https://medium.com/@dao.casino/dao-casino-announces-terms-of-its-token-sale-to-be-held-june-29-5125375f4aeb
On June 29th, 2017 DAO.Casino starting a token sale campaign to support further development of decentralised protocol for the gambling industry.
Even though, currently the protocol is available as an MVP, our hope is that, when deployed in its full capacity, it will be able to disrupt the entire online gambling industry, and bring about fairness, transparency and mutual profitability powered by blockchain technology.
Summary
Start: June 29th, 2017 at 1:00 pm GMT
Ending: in 28 days or when the Maximum cap is reached
Only ETH accepted
No minimum cap
Maximum cap: $25,000,000 in Ether
Token name: BET
Price staging on Token Sale
Day 1: 2,000 BET = 1 Ether
Days 2–14: 1,800 BET = 1 Ether
Days 15–17: 1,700 BET = 1 Ether
Days 18–20: 1,600 BET = 1 Ether
Days 21–23: 1,500 BET = 1 Ether
Days 24–26: 1,400 BET = 1 Ether
Days 27–28: 1,300 BET = 1 Ether
Token distribution
70% — Token Sale Participants
10% — Early Adopters & Founders
10% — Bounty
10% — Legal Entity
Intended use of revenue
60% — Research & Development
20% — Operation
15% — Marketing
5% — Legal
About the Token Sale
While preparing for the extended token sale, we have suddenly faced a somewhat pleasant, but still challenging issue.
The thing is that the demand for our tokens has dramatically exceeded the initially intended supply. In just a few days after announcing the pre-sale we’ve received orders for nearly maximum that we planned as acceptable to distribute on this stage.
This makes us confident about our project’s future, and we would like to express our deep gratitude to everyone who wants to become a part of it. We value the entire community of our supporters, and it is crucial for us to make the token available to everyone who wishes to take part.
Thus, we decided to set the token sale’s maximum cap at $25 million worth of Ether. We consider this amount sufficient to meet the demand we’re currently dealing with and to present a chance for everyone to become a part of our project.
Hopefully, the revised token sale format won’t make much of a trade-off, and will fit the desires and expectations of everyone in the DAO.Casino community.
Terms of the Token Sale
Other terms of the crowdsale campaign will remain unchanged. The protocol’s internal tokens are known as BETs, and are ERC20 tokens acting as in-game currency for all contracts integrated with the protocol.
You will be able to buy 2,000 BET tokens with 1 ETH on the first day of the campaign, and 1,800 BET tokens for the next two weeks. Then the amount of BETs available for 1 ETH will be decreasing by 100 every three days.
The campaign will start as planned, at 1:00 pm GMT on June 29th, 2017. It will completely end in 28 days or when the Maximum cap is reached.
We would like to note that founders and early adopters will have vesting. We deem this measure necessary to ensure the work on the project progresses after the token sale. The parties mentioned above will have 2 years of vesting with 6 months cliff, therefore, the BET tokens will mature by 25% every six months.
As a preparation for the token sale, the contract is currently being audited to guarantee complete security and safety.
How to Participate
Please note that contributions will be accepted only in Ether. No other cryptocurrency or fiat contributions are available. Those willing to contribute to the development of our protocol may use any Ethereum client they like (we recommend Metamask, Parity, Mist, or MyEtherWallet).
The destination address will become public on the day of the token sale’s start only on the official website. From that address smart contract will transfer your BET tokens to your wallet. For that reason, of course, you should keep your private keys safe and sound.
You are also encouraged to check if the address is correct by checking it on Ethereum block explorers such as Etherscan during the campaign.
Prohibited Actions
DO NOT send ETH from any online exchange services (Kraken, Coinbase, Poloniex, etc)
We also recommend that you have your ETH private keys encrypted. This, however, will require you to have your password when you need to decrypt them, so keep that password in a safe place.
NO THIRD PARTY would be distributing BET tokens on behalf of DAO.Casino
So if you received an email from a third party or offered BET tokens otherwise, please, beware of phishing.
DO NOT send Ether to any third party addresses
To receive BET tokens do not send any Ether to addresses other than DAO.Casino crowdfunding contract address that will be provided on the official website.
Briefly about the Protocol
DAO.Casino protocol automates value chain of the gambling industry. It will enable independent game developers to get automatically rewarded for their job when casinos take their games onboard. Unlike the current situation, the developer will retain copyright for their game.
The protocol of DAO.Casino also introduces the roles of a bankroll backer and randomness provider. Therefore, game developers won’t have to depend on casino operators, and finding a bankroll backer would be enough for them to roll out a successful product.
Casino operators, on their part, will be able to guarantee that all games held at their virtual premises are provably fair.
This will benefit all parties involved in online gambling business processes. All the contributors — developers, bankroll backers, referrers, and casino operators acting as referrers will be automatically rewarded for their contributions without a need to trust each other, i.e. bankroll backers and referrals won’t have to trust game providers in order to cooperate.
Further details as to the protocol’s capabilities are described in our whitepaper.
As we’ve already released the MVP for the protocol, which features minimal functionality and several demo games like beta blackjack, dice, and an indie game we called “Hack a DAO”, the product will be available in case of any outcome of the token sale.
Essential Links
Website: https://dao.casino
Prototype: https://platform.dao.casino
GitHub: https://github.com/daocasino
Email: [email protected]
White Paper: https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.md
Slack Invite: https://dao.casino/slack-invite.html
Facebook: https://www.facebook.com/Dao.casino/
Twitter: https://twitter.com/daocasino
Blog: https://medium.com/@dao.casino/
YouTube: https://www.youtube.com/channel/UCkggi9VnPJ0qUzfj7h70-pQ
https://medium.com/@dao.casino/dao-casino-announces-terms-of-its-token-sale-to-be-held-june-29-5125375f4aeb
On June 29th, 2017 DAO.Casino starting a token sale campaign to support further development of decentralised protocol for the gambling industry.
Even though, currently the protocol is available as an MVP, our hope is that, when deployed in its full capacity, it will be able to disrupt the entire online gambling industry, and bring about fairness, transparency and mutual profitability powered by blockchain technology.
Summary
Start: June 29th, 2017 at 1:00 pm GMT
Ending: in 28 days or when the Maximum cap is reached
Only ETH accepted
No minimum cap
Maximum cap: $25,000,000 in Ether
Token name: BET
Price staging on Token Sale
Day 1: 2,000 BET = 1 Ether
Days 2–14: 1,800 BET = 1 Ether
Days 15–17: 1,700 BET = 1 Ether
Days 18–20: 1,600 BET = 1 Ether
Days 21–23: 1,500 BET = 1 Ether
Days 24–26: 1,400 BET = 1 Ether
Days 27–28: 1,300 BET = 1 Ether
Token distribution
70% — Token Sale Participants
10% — Early Adopters & Founders
10% — Bounty
10% — Legal Entity
Intended use of revenue
60% — Research & Development
20% — Operation
15% — Marketing
5% — Legal
About the Token Sale
While preparing for the extended token sale, we have suddenly faced a somewhat pleasant, but still challenging issue.
The thing is that the demand for our tokens has dramatically exceeded the initially intended supply. In just a few days after announcing the pre-sale we’ve received orders for nearly maximum that we planned as acceptable to distribute on this stage.
This makes us confident about our project’s future, and we would like to express our deep gratitude to everyone who wants to become a part of it. We value the entire community of our supporters, and it is crucial for us to make the token available to everyone who wishes to take part.
Thus, we decided to set the token sale’s maximum cap at $25 million worth of Ether. We consider this amount sufficient to meet the demand we’re currently dealing with and to present a chance for everyone to become a part of our project.
Hopefully, the revised token sale format won’t make much of a trade-off, and will fit the desires and expectations of everyone in the DAO.Casino community.
Terms of the Token Sale
Other terms of the crowdsale campaign will remain unchanged. The protocol’s internal tokens are known as BETs, and are ERC20 tokens acting as in-game currency for all contracts integrated with the protocol.
You will be able to buy 2,000 BET tokens with 1 ETH on the first day of the campaign, and 1,800 BET tokens for the next two weeks. Then the amount of BETs available for 1 ETH will be decreasing by 100 every three days.
The campaign will start as planned, at 1:00 pm GMT on June 29th, 2017. It will completely end in 28 days or when the Maximum cap is reached.
We would like to note that founders and early adopters will have vesting. We deem this measure necessary to ensure the work on the project progresses after the token sale. The parties mentioned above will have 2 years of vesting with 6 months cliff, therefore, the BET tokens will mature by 25% every six months.
As a preparation for the token sale, the contract is currently being audited to guarantee complete security and safety.
How to Participate
Please note that contributions will be accepted only in Ether. No other cryptocurrency or fiat contributions are available. Those willing to contribute to the development of our protocol may use any Ethereum client they like (we recommend Metamask, Parity, Mist, or MyEtherWallet).
The destination address will become public on the day of the token sale’s start only on the official website. From that address smart contract will transfer your BET tokens to your wallet. For that reason, of course, you should keep your private keys safe and sound.
You are also encouraged to check if the address is correct by checking it on Ethereum block explorers such as Etherscan during the campaign.
Prohibited Actions
DO NOT send ETH from any online exchange services (Kraken, Coinbase, Poloniex, etc)
We also recommend that you have your ETH private keys encrypted. This, however, will require you to have your password when you need to decrypt them, so keep that password in a safe place.
NO THIRD PARTY would be distributing BET tokens on behalf of DAO.Casino
So if you received an email from a third party or offered BET tokens otherwise, please, beware of phishing.
DO NOT send Ether to any third party addresses
To receive BET tokens do not send any Ether to addresses other than DAO.Casino crowdfunding contract address that will be provided on the official website.
Briefly about the Protocol
DAO.Casino protocol automates value chain of the gambling industry. It will enable independent game developers to get automatically rewarded for their job when casinos take their games onboard. Unlike the current situation, the developer will retain copyright for their game.
The protocol of DAO.Casino also introduces the roles of a bankroll backer and randomness provider. Therefore, game developers won’t have to depend on casino operators, and finding a bankroll backer would be enough for them to roll out a successful product.
Casino operators, on their part, will be able to guarantee that all games held at their virtual premises are provably fair.
This will benefit all parties involved in online gambling business processes. All the contributors — developers, bankroll backers, referrers, and casino operators acting as referrers will be automatically rewarded for their contributions without a need to trust each other, i.e. bankroll backers and referrals won’t have to trust game providers in order to cooperate.
Further details as to the protocol’s capabilities are described in our whitepaper.
As we’ve already released the MVP for the protocol, which features minimal functionality and several demo games like beta blackjack, dice, and an indie game we called “Hack a DAO”, the product will be available in case of any outcome of the token sale.
Essential Links
Website: https://dao.casino
Prototype: https://platform.dao.casino
GitHub: https://github.com/daocasino
Email: [email protected]
White Paper: https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.md
Slack Invite: https://dao.casino/slack-invite.html
Facebook: https://www.facebook.com/Dao.casino/
Twitter: https://twitter.com/daocasino
Blog: https://medium.com/@dao.casino/
YouTube: https://www.youtube.com/channel/UCkggi9VnPJ0qUzfj7h70-pQ
June 24, 2017, 02:13:23 PM
reserved
June 24, 2017, 10:59:52 AM
I know one of the core devs, trustworthy guy, still have to check other people in team, looks like a promising project
June 23, 2017, 10:03:58 PM
They have a good plan and the future is bright if they can execute this well. This looks like an underrated ICO just because they have not been able to advertise it well.
The project looks good but you need an elegant main ANN thread for your DAO.Casino project. This main thread is not elegant and informative enough for new people.
June 23, 2017, 07:24:37 PM
DAO.casino seeks public funds in bid to break the mould of online casinos
http://www.casinopedia.org/news/innovative-online-casino-seeks-funds-from-public-to-help-launch
http://www.casinopedia.org/news/innovative-online-casino-seeks-funds-from-public-to-help-launch
June 23, 2017, 01:22:59 PM
They have a good plan and the future is bright if they can execute this well. This looks like an underrated ICO just because they have not been able to advertise it well.
June 22, 2017, 11:51:39 PM
Following domains are for sale
daocasino.de
daocasino.uk
make offer if interessted in purchasing
daocasino.de
daocasino.uk
make offer if interessted in purchasing
June 22, 2017, 03:46:59 PM
Hi, this is my first comment on bitcointalk, so please don´t mind any formal mistakes 
I read a lot about DAO.Casino and I´m not sure if I missed something really important:
When DAO.Casino doesn´t provide a gambling platform, but the protocol for ethereum-based gambling games,
what is the function of the BET token?
Greetings
Taken from Whitepaper on DaoCasino websiteI read a lot about DAO.Casino and I´m not sure if I missed something really important:
When DAO.Casino doesn´t provide a gambling platform, but the protocol for ethereum-based gambling games,
what is the function of the BET token?
Greetings
BET - DAO.Casino internal token - is used as point system for incentivisation as well as a sub-currency which is used in the games. See section 2.2. BET token is a standard Ethereum ERC20 token.
I guess I don't understand?
June 21, 2017, 03:03:38 AM
Investing at start is going to be very profitable just seeing the number of tokens what anyone can receive for 1 ETH on day one and the tokens at last day. Since there is no minimum so there is nothing to be worried about. How much they will raise anyway development and release will be carried on. Few more days to ICO start, good opportunity how I see it.
June 21, 2017, 02:41:00 AM
DAO.Casino MVP protocol is delivered! Ethereum protocol for gambling is out!
DAO.Casino is proud to announce the release of an Minimum Viable Product (MVP) for its blockchain-based gambling protocol, which features several games.
The protocol enables cooperation between trustless parties at the gambling market like game developers, casino operators, players, and referrals.
......
details : https://medium.com/@dao.casino/dao-casino-mvp-protocol-is-delivered-ethereum-protocol-for-gambling-is-out-70a32aee7017
UPDATE :
Prototype for Blockchain-Based Gambling Protocol Released
https://cointelegraph.com/news/prototype-for-blockchain-based-gambling-protocol-released
Dao.Casino releases their Ethereum-backed MVP for online gambling
https://calvinayre.com/2017/06/20/press-releases/dao-casino-releases-ethereum-backed-mvp-online-gambling/
June 20, 2017, 09:17:28 PM
It's nice to see that you won best game award in Status Global Hackathon. Congrats
https://twitter.com/daocasino/status/874674099729182720
https://twitter.com/daocasino/status/874674099729182720
June 19, 2017, 03:03:14 AM
I would love to try the site out but online gambling is now illegal in my jurisdiction but that doesn't stop me from investing in the business which allows me to have a bigger stake in blockchain investments.
Gambling maybe illegal in many parts of the world but still online gambling is avaiable for everyone to try their luck. I am not saying that you will become rich with gambling but if you want to try Das.Casino is one my favorite gambling casino site. The Interface of the site is just eye catching.
Well even though I cannot gamble online here, I am seriously thinking to invest in the ICO at least. That will surely be a win win situation as an investor I can reap the benefits of long term appreciation of my investment. At least I have one week to accumulate some funding.
June 18, 2017, 11:28:34 PM
DAO.casino already featured on bitcoinchaser :
DAO.Casino (BET)
ICO Crowdsale
Project Type: Blockchain
Start Date: 13:00 UTC, June 29, 2017
End Date: July 29, 2017
http://bitcoinchaser.com/ico-hub/daocasino
Summary
Start: 29 of June
Token name: BET
Maximum cap 15 000 000 $ in Ether
No minimum cap: The MVP for the protocol will be launched under any conditions before the distribution of tokens starts
4 weeks long: It will run for 28 days, or when it reaches max cap.
BET exchange rate to ETH during the crowdfunding period
The first day will be power day. At this day the price for Dao.Casino token will be 2000 per 1ETH. Then the rate will change:
1st day 2000 BET = 1 Ether
Day 2-14 1800 BET = 1 Ether
Day 15-17 1700 BET = 1 Ether
Day 18-20 1600 BET = 1 Ether
Day 20-22 1500 BET = 1 Ether
Day 23-25 1400 BET = 1 Ether
Day 26-28 1300 BET = 1 Ether
Details visit : https://github.com/DaoCasino/Whitepaper/blob/master/Crowdfunding%20%26%20token%20distribution.md
DAO.Casino (BET)
ICO Crowdsale
Project Type: Blockchain
Start Date: 13:00 UTC, June 29, 2017
End Date: July 29, 2017
http://bitcoinchaser.com/ico-hub/daocasino
Summary
Start: 29 of June
Token name: BET
Maximum cap 15 000 000 $ in Ether
No minimum cap: The MVP for the protocol will be launched under any conditions before the distribution of tokens starts
4 weeks long: It will run for 28 days, or when it reaches max cap.
BET exchange rate to ETH during the crowdfunding period
The first day will be power day. At this day the price for Dao.Casino token will be 2000 per 1ETH. Then the rate will change:
1st day 2000 BET = 1 Ether
Day 2-14 1800 BET = 1 Ether
Day 15-17 1700 BET = 1 Ether
Day 18-20 1600 BET = 1 Ether
Day 20-22 1500 BET = 1 Ether
Day 23-25 1400 BET = 1 Ether
Day 26-28 1300 BET = 1 Ether
Details visit : https://github.com/DaoCasino/Whitepaper/blob/master/Crowdfunding%20%26%20token%20distribution.md
Thankyou for that
Quick and rough calc gives a max of 81,000,000 Tokens at todays Eth value and $0.18c each
So does this mean when it rolls out to the exchange that it will be listed at higher that $.18? I'm new and don't know much about ICO's.
June 18, 2017, 09:02:10 PM
DAO. Casino is very much interesting than other casino and before his signature campaign i do not hear about this casino , and i aware about this casino through his signature campaign and there is launched DAO.casino signature campaign then i quickly join it and i feel very joyful with DAO.Casino and i think a lot of people joining and get awareness through his signature campaign.
June 18, 2017, 04:02:59 PM
I would love to try the site out but online gambling is now illegal in my jurisdiction but that doesn't stop me from investing in the business which allows me to have a bigger stake in blockchain investments.
Still many of the countries not accepted bitcoin or any altcoins as legal in their country. like that you can consider and play gambling as well. You speaks about investment part on blockchain technology that is why DAO team also implemented etherum based gambling site. Please read op knows the pros of the this site. Good luck for the team.
June 18, 2017, 11:15:34 AM
DAO.casino : Provably Fair Gambling Through Blockchain Technology
https://www.gamcrowd.com/news/article/provably-fair-gambling-through-blockchain-technology?
https://www.gamcrowd.com/news/article/provably-fair-gambling-through-blockchain-technology?
June 18, 2017, 11:11:09 AM
Hi, this is my first comment on bitcointalk, so please don´t mind any formal mistakes
I read a lot about DAO.Casino and I´m not sure if I missed something really important:
When DAO.Casino doesn´t provide a gambling platform, but the protocol for ethereum-based gambling games,
what is the function of the BET token?
Greetings
Taken from Whitepaper on DaoCasino websiteI read a lot about DAO.Casino and I´m not sure if I missed something really important:
When DAO.Casino doesn´t provide a gambling platform, but the protocol for ethereum-based gambling games,
what is the function of the BET token?
Greetings
BET - DAO.Casino internal token - is used as point system for incentivisation as well as a sub-currency which is used in the games. See section 2.2. BET token is a standard Ethereum ERC20 token.
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