Pages:
Author

Topic: [ANN][ICO] Ethbet: Peer-to-Peer Ethereum-Based Dicing With No House Edge - page 9. (Read 11633 times)

full member
Activity: 448
Merit: 100
Any social media bounty?
member
Activity: 64
Merit: 10
What is the difference between Edgless? They are also creating a dice game in their platform. How are you planning to overcome gas price diffuculties?

Thank you for the question. Some differences between Ethbet and other similar projects can be found in https://medium.com/@ethbet/projects-similar-to-ethbet-2546f9a63f7d, I will quote the section on Edgeless below:

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.


To respond to your question about gas, the primary two mechanisms of improving in this area are 1) moving more things off-chain. We already do this with match-making, and are looking into the potential to do more computation off-chain, such as by implementing state (or 'fate' as Funfair calls their version) channels and 2) allow improvements in the Ethereum ecosystem to help out in this area as various upgrades are made to the platform (PoS, raiden, etc)
hero member
Activity: 1113
Merit: 507
Don't Get Involved
I think you are smart to find ideas, gambling projects are always successful when holding ico  Smiley
full member
Activity: 190
Merit: 100
GET IN - Smart Ticket Protocol - Live in market!
What is the difference between Edgless? They are also creating a dice game in their platform. How are you planning to overcome gas price diffuculties?
sr. member
Activity: 914
Merit: 250
Making Smart Money Work
Thank you for the interest in a bounty program, we're trying to have one set up by tomorrow.


As an update to this, our bounty program is scheduled to start next Monday, September 11th. Sorry for the delay.
no problem sir,good luck for your project
full member
Activity: 574
Merit: 100
reserving urdu translations.
member
Activity: 64
Merit: 10
Thank you for the interest in a bounty program, we're trying to have one set up by tomorrow.


As an update to this, our bounty program is scheduled to start next Monday, September 11th. Sorry for the delay.
member
Activity: 64
Merit: 10
Thank you for the interest in a bounty program, we're trying to have one set up by tomorrow.
sr. member
Activity: 914
Merit: 250
Making Smart Money Work
i see above, there are some distribution of this token for bounty. when the bounty programs will be launched?? i'm interesting to join it.
just wait Wink i think irfan_pak will be release bounty program
full member
Activity: 616
Merit: 118
i see above, there are some distribution of this token for bounty. when the bounty programs will be launched?? i'm interesting to join it.
newbie
Activity: 40
Merit: 0
Nice to see licensed blockchain will open it's doors for investors gambling industry is growing rapidly. I always like to invest in gambling casino because being on the house side give us more opportunities to make huge profit so that I will keep eye on this thread.
newbie
Activity: 29
Merit: 0
member
Activity: 64
Merit: 10
All potential Ethbet investors should read https://medium.com/@ethbet/changes-to-the-ethbet-token-model-e4eef4923b91 for updates to the token.
member
Activity: 64
Merit: 10
Hello, saw 5% is total supply is for bounty

Where could i find the information regarding on bounty?

Btw for the https://crowdsale.ethbet.io/

It states
The ticker symbol for Ethbet is EBET. The total amount of possible tokens is set to 10,000,000. Of these tokens, 80% are available during the crowdsale (5% bounty/community, 6% partners, 10% Ethbet) = 101%

It should be 5% as Whitepaper states 5% for partners so i think there's some minor typo there

Thanks

Thank you, I actually just noticed that typo a moment ago myself. It has been corrected. We are currently not running a bounty program, but a signature/avatar campaign may be started in the near future.


In an unrelated update, the Ethbet token has been slightly reworked and has mechanisms that will cause it to appreciate in value instead of providing dividends.
hero member
Activity: 1568
Merit: 511
Hello, saw 5% is total supply is for bounty

Where could i find the information regarding on bounty?

Btw for the https://crowdsale.ethbet.io/

It states
The ticker symbol for Ethbet is EBET. The total amount of possible tokens is set to 10,000,000. Of these tokens, 80% are available during the crowdsale (5% bounty/community, 6% partners, 10% Ethbet) = 101%

It should be 5% as Whitepaper states 5% for partners so i think there's some minor typo there

Thanks
member
Activity: 64
Merit: 10
thank you, I wonder when more games will come?
New games are not currently scheduled but are definitely a future possibility.
member
Activity: 64
Merit: 10
what are the bounties exactly? Are they only translation related or will there be other ones?
We are looking into a traditional signature bounty. The signatures have been designed however executing a successful bounty campaign is expensive and currently it's been delayed for that reason. Not all of the bounty tokens are allocated for pre-crowdsale activities, some are for bug bounties, for example.
full member
Activity: 170
Merit: 101
what are the bounties exactly? Are they only translation related or will there be other ones?
newbie
Activity: 4
Merit: 0
thank you, I wonder when more games will come?
member
Activity: 64
Merit: 10
why use Ethbet over Edgeless poker then if at least they have poker
The post directly above yours should answer this question. Edgeless does not even provide dicing at this moment, which is the current goal of Ethbet.
Pages:
Jump to: