Bitcoin Forum

In about 3 weeks from now the DAO ICO begins

Dao Casino is a gambling platform built on top of ethereum

they promise provably fair gambling as well as a lot of fair ways for developers, bankroll backers and contributers if they become active on this platform.

you can get a first glimpse on what dao casino is check out this youtube channel
https://www.youtube.com/channel/UCug4CLYZzq7KEECY9MIqJBg

i really curious about this project and i hope the ICO will be another good ICO to follow and the important thing is we can make profit from the coins. i think we should wait for their release so we can give some note that they are really good or not and if they giving a promise to us, i think they need to hard work to give the truth for their investors. if they are really have a good plan and good project, i think many investors will give their money to this project and i am sure that this ICO will be success too.

The same DAO that got hacked right after the launch? I'd say it's quite risky to run such casino or to play there. Also, who is running it? Is it going to be publicly funded like many BTC casinos? If so, the investors are going to be in a huge risk in case of any potential bug abuse or hack. Maybe decentralized casinos will become an industry standard in 5-10 years, but right now they are still too unreliable.

Im not sure in how dao casino relates to the Dao that was hacked, hopefully someone else can clarify this here for us

to who is running this casino- its decentralized and the bankroll backers run it- everyone can become a bankroll backer and you earn money on the losses of the gamblers
Dao casino is not run by anyone other than developers contributers and bankroll backers

everyone receives his fair share and gamblers benefit because the casino is provably fair

if you interessted in backing the bankroll you can download the app or watch my video i made about that wallet
(everything runs right now on the ropsten test network so you can download it and play around- there is a faucet integrated in the wallet which gives you free BET(the currency used for gambling on this platform)

I hope i kind of explained it so it is understandable for the average joe blow but if you want to get more technical please read the whitepaper
https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.md

Of course this is a pretty new platform, ICO starts end of June so dont expect a toally functional casino right away, give them some time and im sure this will revolutionize gambling

Right now ALL online casinos suck, mostly because they rip you off right after you deposit money on their shady site because of their stupid rollover requirement
Most casinos also use their monopoly to scam players thats a fact and dao casino will change that

Plus DAO casino gives a fair share to devopers, investors and bankroll backers
https://i.imgur.com/5byi01q.png

I think IGAMING will take the Eth platform to another level as many new companies are conducting their ICOS on the ETHEREUM Blockchain and they are mostly successful, except a few scammy ones. I hope that this reaches to a good point and is both popular and helpful to the Ethereum Community at large.

Well indeed a lots of ico uses eth platform and if this casino base for this new ico coin works properly it will be a good value for both coins dao would be noticed aside from other development casino is really one of the attractive project that will bring it to hype and eth also will benefits for this so good catch if you will add this inside your list just needed to have extra research though.

This days I see everywhere how ethereum is catching up with bitcoin on many levels, they finally come to gambling and they will try to make breakthrough on gambling scene.
I'm curios about this casino, video on YouTube looks promising but let's not rush, I will wait and see how will this go but looks like ETH is aiming high, bitcoin gambling is very popular and now we will have something totally new, we will see for 2 weeks this casino, in my opinion this will have success, there are a lot of ETH fans here.

I have also seen few DAO casino campaigns in this forum recently but haven't gone through their whitepaper. I think it is quite similar to moneypot but this will run on Ethereum smart contract or will be based on ETH.

I will not invest in them during ICO but it will be quite interesting to see how their ICO progresses.

I think this increase in interest in Ethereum casinos has been brought about by the sudden difficulties in using and transacting with bitcoins. Though I would still stick with bitcoin casinos than Ethereum ones. In the long run Ethereum transactions will be quite more expensive than bitcoins today, I read this somewhere in the forum. I'll link it when I find it.