Topic: [ANN] [PRE-ICO] [PRODUCTS ✅] EtherAce Decentralized Asset Speculation Platform - page 10. (Read 1848 times)

This project is impressive in its idea and the team is working well to make the project a success!

Is there any information about your project in any well-known publications?

Interesting! A very precise and clear answer, I see that the team has a high level of preparation, this is promising

There is nothing quite like the EtherAce Platform as a whole. The gambling sector of the platform there are existing decentralized sites that offer similar functionality.

However there are no decentralized derivative markets. Bitmex, a centralized crypto derivatives platform is our main competitor. Our system design has different advantages over them, mainly the blockchain benefits. Other then Bitmex there is not much else competition, we offer a completely unique product and new market instrument, something unique. We also offer derivatives support for traditional assets such as gold or oil to target the world outside of the cryptocurrency sector. We've come out with our first derivatives contract, Over/Under, an EtherAce innovation, it is unique and nothing like anything existing today! https://ou-contract.etherace.io

However there are many potential partners, more for our derivatives market then the gambling section of our platform. Partnerships with exchanges, projects such as dXdY (a decentralized derivative trading protocol for ERC20 tokens), 0x, any protocol or project that would help our derivatives market or gambling games functionality or attract users and volume. Also any other decentralized applications are valid, we are a dApp, we aim to be a big one, and we want to support/connect with other dApps. We mention a few other dApps in our whitepaper we respect. We have an exciting future when it comes to partnerships! We are already out discussing with other projects devs, looking at their timelines of work completion, understanding how their projects could help ours vice versa.

Hey EggieR,

Thanks for your concern ! However Apple's policy against crypto-oriented applications is for cryptocurrency mining. We do not do any mining so an iOS app for our platform will be completely fine!

It looks interesting and will continue this project. I hope to develop further and look forward to more updates!

Thanks Commivan,

We will continue to follow the same course. We appreciate your support and welcome you into our community!

Hey alexgold,

The platform logic that handles value and decides who wins is open-source and in smart contracts on the Ethereum blockchain. This means any participant can be 100% confident in how the platform is acting honestly.

The platform has different fallbacks and safeties built into it to avoid manipulation on the participants part.

Let me know if this makes sense !

Hey DimLeg,

In terms of preference, we are aiming to get on a few smaller different ones to provide options to investors wishing to buy in, but we also want at least one medium size exchange so the volume and liquidity is available for our ACED token.

We'd like to get on a quality decentralized exchange such as IDEX, but talks or applications to IDEX can't be made until after the ICO sale and the community builds for them accept us. We want to be on a DEX because it supports the direction of our platform (decentralized).

We also are reaching out to different exchanges now, and in the future, for partnerships. We are not an exchange, we are a derivatives market so we are not competition, we can easily compliment an exchanges service and they can benefit from ours. These partnerships will also help us decide where we will be listing!

Hopefully this answered your question!

Are there similar projects on the market? Possible competitors or partners?

This project can have great prospects if the team will follow the same course. I think they have chosen the right direction

How can a player be sure of the integrity of the platform? And how is the platform protected from the player's atrocities?

Yes, either MetaMask or use the Ethereum Mist browser. We suggest MetaMask because it is much more convenient and easy to use. It takes less then a minute to set up.

You're earlier question suggests you have MEW. You can import and use your MEW account on MetaMask in the 1-minute set-up process!

Think of exchanges, or any other markets, they all have some or multiple wallets you need to store your tokens in. This is what MetaMask does for dApps! What it actually does it connect your device to the Ethereum blockchain but you don't need to think of it like that.

Do you have any preferences about exchanges? Or do you plan to make an application based on the market situation at the end of the sale?

Thanks Ivakimos,

Yes they are, join them and you'll find the team is extremely responsive!

Oraclize is something known as an oracle. You tell an oracle information you require and they go and get it for you. The way the Ethereum EVM and blockchain are designed, you or your smart contracts can't get information yourself, because it is a closed system. This is how the EVM (Ethereum Virtual Machine) can validate every transaction, because there is no outside un-trusted information coming in.

Oraclize is a provably-honest Oracle system that we use to get information while on the blockchain. Currently either the randomly generated number or different prices of assets.

Hopefully this makes sense ! If not feel free to ask for confirmation.

I hope you know that creating an ios app will be problematic due to Apple's policy on crypto-oriented applications ... If you did not know then I hope my warning helped you)

Hey Met Johnson,

To play or bet/trade on our platform you require ETH. You do not require ACED token, but ACED token can be used to access special features such as discounted fees which can be handy  .

Thanks, let us know if you have any other questions !

Yes, it will and is already being proven. Now we need a community to help support the project which we hope you will join !

Hey vladimir54,

Good question. We do not believe advertising the platform will be an issue at all. To run advertisements and marketing the team does not need to be known! All that is needed is the funding to do so, which will be provided by the ICO sale, and a great platform, provided by the funding + the team skill.

The team is not being advertised or marketed, the actual platform is. Many projects in this area creators remain anonymous due to reasons discussed earlier. At the point of marketing nobody will have concern for who the team is, just the product they offer!

We will be advertising through different strategies such as referrals to spread the word through out the community, and traditional means to attract attention of different potential users and build up our following! If you need more details please ask!