Chancecoiners!
Our main development work is going to be on the super-light HTML/JS version of the wallet. We expect this one to take some significant development time.
In the mean time, it's time to do more marketing. Peled has been doing an excellent job managing the Twitter account (
http://twitter.com/chancecoin). If you aren't running the Chancecoin signature, shame on you! See the signature campaign here:
https://bitcointalksearch.org/topic/m.8326032.
Venetian and I have composed a press release and we used a
Fiverr job to have it sent out to various media contacts. Hopefully that has some success, but we probably need to work harder to get some real coverage. Feel free to take the press release, modify it at will, and send it to tech blogs, newspapers, etc. Let's get some press coverage! The first person to get us in a legitimate online or offline publication will win the bounty. (Press release copied below.)
In the meantime, we are raising BTC to advertise on bitcointalk.org via the weekly ad auctions. Having evaluated various advertising options, this seems like a pretty good deal. We expect to pay about 3BTC for about 1.7M highly targeted impressions over the course of about 7 days. Please send contributions to 1BckY64TE6VrjVcGMizYBE7gt22axnq6CM. Venetian and I will contribute as well, but, having brazenly put most of our savings into the Chancecoin burn, we need your help.
Cheers,
Magician
FOR IMMEDIATE RELEASE:
Like BitTorrent for Gambling, Chancecoin is the First Decentralized Casino
New York, NY - August 17, 2014 - Armed with nearly 500 BTC ($250,000) in funding, Chancecoin (
www.chancecoin.com) is the first cryptocurrency built on top of the Bitcoin blockchain that functions as a decentralized casino. As a casino, it joins names such as Primedice and SatoshiDice while the former Goliath casino Just-Dice has stopped accepting bets in response to increased online currency regulation by the Canadian government.
Just-Dice, which in less than a year took over 5,000,000 BTC in wagers, is now only taking on play-money bets. By harnessing the same blockchain that makes Bitcoin decentralized and secure, Chancecoin has developed a decentralized casino that will avoid the typical failure points of online casinos -- government intervention and fraud. As its primary source of randomness, the casino uses New York Lottery Quick Draw numbers, which are published online every four minutes by the New York State Gaming Commission.
The casino has already seen volume start to flow in, with over 50,000 Chancecoins (worth approximately $12,000) wagered in the past month. The casino features instant betting, low fees, dice betting, video poker, and 1% house edge. While it does take bets in BTC, the underlying currency is the Chancecoin (CHA), which trades on the cryptocurrency exchange called Poloniex (
www.poloniex.com). The currency is designed to appreciate in value over time as people lose money to the house. Anyone who invests in the currency is also investing in the house bankroll.
Chancecoin as a currency was created during a period of time earlier this summer when anyone could create Chancecoins by destroying Bitcoins. Nearly 500 BTC were destroyed when they were sent to a Bitcoin address with no owner, creating about 500,000 Chancecoins in the process. The coin's developers communicate to a growing community of Chancecoin users through the Bitcointalk forums (
www.bitcointalk.org).
Contact:
[email protected]###