DAO.Casino (BET)ICO Blockchain protocol which brings transparency to online gambling and supports provably fair gambling as well as game development for all participants of the gambling industry IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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Technical details
BET token is a standard Ethereum ERC20 token. It is used as ingame currency for all the game contracts integrated with the protocol and to power DAO.Casino reward system. Ingame currency and a reward system are complimentary. Despite of Gas cost that is required for Ethereum powered software to run, the fees should remain lower than in traditional server based online gambling. This is because the gas is paid per operation, and only for the operations and storage that is used. Game’s front end can be stored either on the server or on the network using decentralised file storage systems such as IPFS or Ethereum’s native Swarm. Using Swarm will also allow to program the game to pay for it’s own front-end storage.
What is DAO.Casino
- Enables a sustainable model which benefits all the parties involved in the online gambling business process - An automated value distribution protocol acting as an mechanism of incentives and expressed in a system of Ethereum contracts - A system that is capable of providing equally unpredictable pseudorandom numbers for the games - DAO.Casino team became on of the winner of the Status Global Hackathon - Security of the system is achieved through transparency, consistency and cryptographic verifiability of software used to automate processes otherwise involving trust, and economic incentive mechanisms for its human participants
DetailsPublic sales: Jun 27, 2017 - Jul 24, 2017Raised: 11,200,000 USD LegalRegistration country: Germany | Token infoTicker: BETToken price in USD: 1 BET = 0.01 USD Accepted currencies: ETH Token distribution: The total amount of tokens is proportional to the amount of Ether contributed during the crowdfunding period. Maximum cap: $25,000,000 in Ether, no minimum cap. No more BET will be issued after crowdfunding period is over. Token distribution: 70% — Token Sale Participants 10% — Early Adopters & Founders 10% — Bounty 10% — Legal Entity |
DAO.Casino Roadmap
- Market research
- Technical feasibility
- Technical feasibility
- First game release on Edcon
- Platform prototype
- Platform Alpha
- Dice game beta
- Black Jack beta
- Protocol main contract
- WP release
- Public audit
- RNG Signidice integration
Contribution campaign
- Multiplayer RNG research
- Lottery Alpha
- Slot game Alpha
- IPFS integration
- Official release platform (testnet)
- Multiplayer RNG release
- Lottery beta
- VR platform
- Betting integration
- Prediction Integration DAO.Casino JS