Topic: [ANN][OpenBeta] FirstBlood.io - Come Play!! 1ST Esports Competition Platform - page 56. (Read 124285 times)

Hi HasHe!

The projects are similar but the details are where it really starts to differ. On the whole they are creating a platform for developers to make gaming and gambling applications on. Our project is focusing on eSports with our blockchain based rewards platform built on ethereum. We differentiate ourselves from the competition by only allowing skill based wagering on yourself, as opposed to wagering on others or betting on games of chance (i.e. gambling on casino style games). FirstBlood's function is not considered gambling in the United States and in many other jurisdictions throughout the world.

We also have our cross-title eSports Integrity System that includes Witness nodes to verify game data and our distributed Jury Voting Pool to deal with alleged cases of hacking, cheating, or toxic behavior. This is something that no other similar project has attempted to do (on or off the Blockchain).

Unlike other projects, we've also gone the extra mile by making sure we are complying with existing laws to ensure that the project can thrive. Other projects are violating gambling laws, issuing securities, or have no sort of legal counsel at all. These actions not only have the potential to kill the project, but may put the funders, users, and the founders at risk for criminal prosecution. This field has come under a lot of scrutiny in the last few months and we'd rather not get caught up in that mess, for the sake of the project and our users.

In terms of our token, the primary purpose of 1ST is to enable us to reward people for referrals, running witness nodes (similar to BTC mining), and compensate them for being an active member of our jury voting pool (similar to moderation). The incentives to participate in this crowdsale are nearly identical to the incentives of Augur's successful REP crowdsale. 1ST has similar functionalities to REP (verification and consensus mechanisms) with the added benefit of referral rewards. Likewise, you will always have the ability to use 1ST as a stake for challenging others.

Thank you for the support!!! I hope you are on our slack. The team would be happy to speak with you

will invest some

Looks interesting, im watching this

Whats your advantage over Peerplays? They seem to have some interesting things going on.

10 more days until the ICO start. I will try to buy some at the first hour.

On of our community members made this for our crowdsale!

Only one hour because the base price is 100:1 but we'd like to reward the close followers of our project

That is one of our primary concerns Banned, I cant even get onto the Decent site and seems they arent doing anything to fix it! I can assure you our team is experienced and is doing everything we can to make sure that doesnt happen.

Yes, there will be right now!

Watched now.
Good luck for your crowdsale
Power Hour   170:1. Why only one hour ?
Decent had some issue when the crowdsale started ...
Please make sure your server will handle the many request...
Can we send ether directly from an exchange ?
Will there be more info soon about how to participate?

We just released this video on 1ST benefits for Token Holders, check it out!

https://www.youtube.com/watch?v=g1e_SK8mGok

The official start time will be September 26 12:00am UTC = midnight between sep 26/27

We are making this completely clear on our site and we'll be releasing a time infograph in the next few days.

Haha its alright jacaf01, can't please everybody. Thank you for supporting us 

The concept is based on Computer game and you need a caption like this to attract game lovers

I was just referring to the name. Its a bad name choice for a such a project.

September 26 12:00am UTC = midnight between sep 25/26 or midnight between sep 26/27?

Please, I tired of people calling out someone else's vision a scam without any proof to back the statement, I think there should be a penalty for any BCT user that call out any project scam without any proof to back it up.

The name tells everything. There will be a scam-massacre. 

No corrections, you hit the nail on the head. It seems like a fair assumption if our crowdsale maxes out within the first week. Many other scenarios can happen though.

Ok, please correct me if I'm wrong on total tokens.

We will assume $5.5 million in ETH creates 68,750,000 1SŦ tokens.

Founders get 10%, so another 6,875,000 tokens

eSports ecosystem gets 5%, so 3,437,500 tokens

Bounty fund is 2,500,000


For a total of: 68,750,000 + 6,875,000 + 3,437,500 + 2,500,000 = 81,562,500 tokens and no more will ever be created.

Is that right if we make the assumption 5.5M eth = 68,750,000 tokens?

Indeed they do. We consulted with our Slack community about this a few days after that first post and decided to change the model permanently. This new model has been locked in and will not change. Thank you for looking closely!