Topic: [ANN][ICO] Ethbet: Peer-to-Peer Ethereum-Based Dicing With No House Edge - page 10. (Read 11580 times)
September 06, 2017, 03:49:54 PM
why use Ethbet over Edgeless poker then if at least they have poker
September 06, 2017, 03:31:49 PM
isn't edgeless going this direction too which they will also be releasing dice game and of course EDGELESS is know to have develop gambling platform with no house. bur correct me though because i'm really just not fully aware of what EDGELESS team are going.
Hi, thank you for asking. This is a good question. We have a blog post on similar projects at https://medium.com/@ethbet/projects-similar-to-ethbet-2546f9a63f7d, I will quote the section on Edgeless from it here:
Edgeless: Edgelesss claims to offer betting on the Ethereum blockchain with a 0% house edge, however several notable caveats exist, namely:
- Edgeless claims their unreleased Blackjack game will have a house edge of 0%, but this only applies if every move and game played by a player is perfect. As a result, they expect the house to profit from this game
- Although Edgeless is partially decentralized (exists on the blockchain), it is not peer-to-peer
- Edgeless does not support ETH, only their own token, EDG, thus you must purchase EDG first to use their platform
- Games such as Blackjack involve large amounts of data stored on the blockchain, and thus the fees paid to execute the involved smart contracts can be high
- Edgeless generates random numbers using their own server off of the blockchain
- No publicly readable changes to their smart contracts appear to have been made for at least several months
Regardless of these drawbacks, Edgeless may be an appealing option for those wishing to play provably-fair games of blackjack on the blockchain in the near future, however we do not consider them a direct competitor for our target audience.
Thank you for your interest.
September 06, 2017, 02:11:35 PM
isn't edgeless going this direction too which they will also be releasing dice game and of course EDGELESS is know to have develop gambling platform with no house. bur correct me though because i'm really just not fully aware of what EDGELESS team are going.
September 06, 2017, 12:38:33 PM
Dicing platforms are keeping an eye on Ethbet, a new dicing platform that allows players to directly bet against each other on the blockchain, cutting out the middleman in the process. Although Ethbet is a new player in the world of cryptocurrency dicing, its novel business model and peer-to-peer nature could allow it to take over the market share of already-established dicing platforms.
https://www.cryptocoinsnews.com/new-dicing-platform-ethbet-seeks-dominate-dicing-industry-months-release/
https://www.cryptocoinsnews.com/new-dicing-platform-ethbet-seeks-dominate-dicing-industry-months-release/
September 05, 2017, 08:23:22 PM
We are now featured on icoalert.com and the demo is coming along nicely. It will be made fully public in the coming days.
September 04, 2017, 10:15:35 PM
The new date of the crowdsale is September 17th. It has been delayed by a week so that we can provide a better demo, protocol description, and more information to potential investors.
September 03, 2017, 10:31:03 AM
It depends on what you mean by mainstream. We would like the platform to be usable enough such that anyone with cryptocurrencies or Ethereum (and its wallets) is able to use it without difficulty. As far as more ambitious goals go, we don't have a million dollar budget like projects like Funfair do, so our game will be more of a niche game compared to a project that large. The purpose of Ethbet is to provide the most cost-efficient way to gamble/dice, not to change the world and allow every person access to dicing.
September 02, 2017, 09:15:34 AM
Do you have plan to get mainstream adoption? like platform that "easy to use" for then who dont know much about crypto. also only dice game is quote boring. by adding another game would be great for future though
September 01, 2017, 11:20:12 PM
everywhere there are some ICO, where are the good old coins? 
September 01, 2017, 11:09:02 PM
Daily bump. We're also working on a demo and hope to have it out before the crowdsale is completed. It will not function on the blockchain however will give users an idea of what to expect.
August 31, 2017, 08:39:11 PM
Daily bump. We have updated the token contract to lock founder's tokens for 6 months.
August 31, 2017, 01:25:52 PM
Will I receive 1000 EBET regardless of the amount of ETH I send to ICO's address? In addition to the signature campaign, are you planning another rewards campaign? Could explain the working mechanics of these 1000 EBET.
Hi, the rate of EBET will be 1500 EBET per ETH that is sent on the first day. This rate decreases over time and a table can be found in the original post or on https://ethbet.io/crowdsale.html. We are able to do other potential reward campaigns however the payout would have to be in EBET instead of BTC. EBET is just the name of the Ethbet token that is sold during the crowdsale.
August 30, 2017, 06:57:24 PM
daily bump.
August 30, 2017, 01:05:51 PM
Where is the team? There is no team information on your website.
And, could you please explain in short about Inverstor-Diven, how is the voting work?
Voting is a feature that will not be introduced for awhile as it will take a lot of development, testing, and an already-existing healthy community. The theory behind it is that those who have a stake in the platform (token holders) are the ones that will be deciding the direction of the platform, as it should be. So for example, if the team thinks it's a good idea to add another game after dicing, the token holders can vote on if they think that should be done or not, given that they will recieve the rewards or losses as a result of the idea. Your question about the team is partially-addressed in the FAQ section on the website, we will address it further in the future.And, could you please explain in short about Inverstor-Diven, how is the voting work?
This is the first attempt at launching this project, we have not done any previous ICOs or products. Thank you for the interest.
very nice project. almost all of dice (gambling project) is very promising. waiting for the bounty programs soon.
Thank you, we're very optimistic about this project as long as it receives even mediocre funding.very good news, waiting for his next info to follow bounty,
hopefully this project runs smoothly,
and definitely waiting for the bounty waiting.
We're planning on running a signature bounty campaign. Are there other types of bounties you would be interested in?hopefully this project runs smoothly,
and definitely waiting for the bounty waiting.
In other news, we have updated the amount of total tokens available, decreasing it by a factor of 5. This will make sure we do not get significantly overfunded and that the final token distribution is much more fair. It is now set to 10,000,000.
August 30, 2017, 06:47:13 AM
Where is the team? There is no team information on your website.
And, could you please explain in short about Inverstor-Diven, how is the voting work?
Voting is a feature that will not be introduced for awhile as it will take a lot of development, testing, and an already-existing healthy community. The theory behind it is that those who have a stake in the platform (token holders) are the ones that will be deciding the direction of the platform, as it should be. So for example, if the team thinks it's a good idea to add another game after dicing, the token holders can vote on if they think that should be done or not, given that they will recieve the rewards or losses as a result of the idea. Your question about the team is partially-addressed in the FAQ section on the website, we will address it further in the future.And, could you please explain in short about Inverstor-Diven, how is the voting work?
August 29, 2017, 11:14:20 PM
very nice project. almost all of dice (gambling project) is very promising. waiting for the bounty programs soon.
August 29, 2017, 11:05:22 PM
very good news, waiting for his next info to follow bounty,
hopefully this project runs smoothly,
and definitely waiting for the bounty waiting.
hopefully this project runs smoothly,
and definitely waiting for the bounty waiting.
August 29, 2017, 10:35:05 PM
reserving indonesian translation for this thread sir.
https://bitcointalksearch.org/topic/annbounty-ico-natcoin-ntc-2075556
https://bitcointalksearch.org/topic/ann-amlbitcoin-perbankan-terdesentralisasi-di-blockchain-2071201
https://bitcointalksearch.org/topic/ann-platinum-pow-pos-x11-secure-messaging-masternodes-2119739
https://bitcointalksearch.org/topic/mempersembahkan-token-coexistcoin-memberdayakan-yang-kurang-beruntung-2126665
https://bitcointalksearch.org/topic/--2129078
that's all my previous translation
https://bitcointalksearch.org/topic/annbounty-ico-natcoin-ntc-2075556
https://bitcointalksearch.org/topic/ann-amlbitcoin-perbankan-terdesentralisasi-di-blockchain-2071201
https://bitcointalksearch.org/topic/ann-platinum-pow-pos-x11-secure-messaging-masternodes-2119739
https://bitcointalksearch.org/topic/mempersembahkan-token-coexistcoin-memberdayakan-yang-kurang-beruntung-2126665
https://bitcointalksearch.org/topic/--2129078
that's all my previous translation
August 29, 2017, 10:15:40 PM
what will be the different from other gambling site in ethereum platform ??
since i know there is a few of gambling site in eth, like ethroll, edgeless
This is answerd on our website and in the whitepaper. In most dicing games, players play against the house, and the house takes some profit out of every roll. In Ethbet, players play against each other instead, and thus are able to get a higher return on average.since i know there is a few of gambling site in eth, like ethroll, edgeless
Who is behind the platform? I have not found anything about the team, who are they?
We have a very small technical team of 2-3 members and many temporary members such as freelancers who are not officially affiliated with the project.. This question is also present in the FAQ section of the website. 
August 29, 2017, 05:42:18 PM
Who is behind the platform? I have not found anything about the team, who are they?
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