http://neodice.com
NeoDICE is a fair betting game running on NXT blockchain. It relies upon an action-acquired know-how designed by Come-from-Beyond.
The neoDice gameplay is similar to that of the legendary satoshiDice, with a few differences, the most important one been the near realtime processing of the wagers.
FEATURES
- The game can be played via any NXT client supporting assets transfer and does not require any dedicated software or website.
- based on the Come-from-Beyond's know-how, neoDICE processes unconfirmed transactions, making the game nearly instantanious.
- To determine winning or losing bets, neoDICE calculates SHA-3 hash of a combination of the transaction ID and a daily secret -- a number unknown to the player. The previous day's secret as well as the hash of the current day's secret is published, providing for an easy way to verify wagers outcomes.
- The entire betting history is stored on the NXT blockchain ensuring the game's integrity and fairness.
- NeoDICE is as anonymous as players's NXT account number. It does not require any additional registration or authentication.
- NeoDICE is scheduled to become a part of the SuperNET reference client, ensuring the exposure to the wider-than-NXT crypto audience.
- NeoDICE house edge is 2%.
DEVELOPMENT STATUS:
NeoDICE is being actively coded by several developers represented by hash. jl777 and C-f-B are the project consultants.
Currently the neoDICE project successfully completed the proof of concept stage.
The upcoming milestones and tentative timeline:
Mid. October | Beta testing starts |
Beginning of November | Release of the game on the mainnet, playable via NXT client and SuperNET GUI |
Mid. November | Release of neoDICE plugin for NXT client and SuperNET GUI |
Mid. December | Release of the neoDICE website, allowing gameplay without NXT client |
NeoDICE ASSET:
100% of revenues will be distributed to assetholders. This was based on my advice and the fact that the developers and maintainers will HODL sizable NeoDICE means the low operating overhead from decentralized architecture will be able to be covered from the dividends. This method perfectly aligns the interests of asset buyers and the developers and removes any issues about what the overhead costs will be.
Initial distribution of shares:
10% NXTventure, 45% Developers & maintainers, 40% Privatebet, 5% JLH
Since Privatebet is ~60% owned by NXTprivacy (one of the core assets), this means 24% of NeoDICE revenues will be flowing into NXTprivacy.
James
P.S. The spending request from last week was approved and SuperNET is now 17.2% owner of mynxt.info with options to be able to increase this to ~43%.