Ico Start Date: 16-May-18
Ico End Date: 16-Aug-18
DICEGAME is a decentralized platform for hosting fair P2P games with transparent and verifiable mechanics with no limitation on deposit and withdrawal. The platform is based on the Graphene technology which allows to have low fees and high transaction speed. The platform ensures a fair gaming environment with real-time interaction between users around the world. Thanks to blockchain technology we connect distant past and faraway future of the iGaming world providing the solution for the following problems: lack of trust in the system, limitations on deposits and withdrawals, centralized random number generator. We grant the opportunity to participate in the games on our platform built to meet user's needs and interests.Casino & Gambling
The usage of the decentralized platform DICEGAME with the use of the smart contracts based on the Graphene blockchain will allow to achieve fair play in the transparent iGaming industry. The features are:
High transaction speed
Graphene allows to conduct 10,000-100,000 transactions per second due to parallelization and scalability. No special skills required to increase winning odds
Platform supports unskilled games of equal chance. You just have to roll the dice and blockchain will take care of all calculations and estimations. Bonus tournaments
Bonus tournaments are held on a regular basis and VIP-investors get life-long unconditional access to them. 50% of collected fees gets automatically transferred into BT prize fund. High level of security
We store everything in blockchain. Thus, all the data is kept safe and immutable Face-to-face games in the P2P network
There are only you and your opponent. No third party, no ‘bank’ nor ‘casino’ is involved. Platform has absolutely no interest in cheating. Both players have equal chances to win. Deposits and withdrawals at user's disposal
We do not impose limits on deposits and withdrawals. We believe anyone should be able control his resources freely. Play with any cryptocurrency you want
ExeptDice token, there will be an opportunity to play with BTC, ETH, LTC etc. Say goodbye to Random Number Generator
There are no centralized nodes that could influence players’ dice. The results are determined solely by smart contract and data from both participants in a pair. Transparency
All aspects of game mechanics and algorithms used by the platform will be open and decentralized.
Creation of the DICEGAME prototype
Development of the DICEGAME platform concept
Development of the first DICEGAME platform game: Factory of Millionaries (iOS, Android, Web)
Team building & Advisors, development of the smart contract demo version
DICEGAME integration with blockchain. Development of the DICEGAME Rock-Paper-Scissors
Development of the Dice wallet. Integration of the RSP game with the DICEGAME platform
Alpha release of the DICEGAME platform. Development of the DICEGAME 1000. Listing of the Dice tokens in the stock exchanges
Integration of the DG 1000 with the DICEGAME platform. Development of the DICEGAME Poker
Integration of the DG Poker with the DICEGAME platform. Beta release of the DICEGAME platform
Development of the DICEGAME Monopoly. Integration of the DG Monopoly with the DICEGAME platform
Preparation of the DICEGAME platform to the integration with other vendors' games
After brief review it seems that team previously did not work with licensed gambling projects. The vision is interesting but currently has organisational problems which are also not reflected in projects documentation. No information about company which is responsible for the tokensale, no T&C of tokensale and absence of certain limitations of who can use project's tokens makes it potentially risky from legal point of view. Nothing stops minors from buying gambling tokens now. Other problems are related to ingnorance in whitepaper to questions of responsible gambling and RNG certificate issues. Current RNG model may be potentialyy difficult to be approved by regulators and statement of creation of internal exchange services require additional licensing for the platform. Generally, the idea is interesting, however it seems that certain aspects of project are yet to be published / to be done.
Thoroughly examined the project team, obviously they are not gamblers but still have practical experience in many fields, which delivers fresh vision. Can’t find a reason to distrust them. Idea of transparent gambling is not new, but the way of blockchain implementation is brave and deserves our attention. Platform’s mechanics suppose a complete elimination of Random Number Generator, which, for sure, brings the platform to another level. I was excited on their approach of boosting economy with the help of Bonus Tournaments. They not just create the regular tournament, this is a solid part of economical sector for the whole project with its positive influence in general. And last but not the least they explained in detail the ROI question (economy block on their web-site) that is a wise step towards community. Definitely recommended for contribution.
This is a bad idea and a bad investment for far too many reasons than i can list here.