Title: [ANN][DAICO][GEN] MyEtherSports - Decentralized sports betting platform Post by: MyEtherSports on April 05, 2018, 12:27:39 AM We're building a decentralized betting platform to outclass them all. Our platform allows anyone to be their own house and create matches, teams and leagues by staking our GEN utility tokens to receive most of the house margin share. It has fixed odds and many built-in social features such as comments, messaging, ranking and even allows players to copy other players bets automatically. While there is no house to bet against, players essentially bet against other players.
As of this moment our platform only handles Ether for bets, however once we switch to our own network we will make GEN tokens the main currency there. We plan to invite real team organizations to profit from our platform as well, as whichever team wins receives portion of house margin as well. We believe teams should be rewarded, not sportsbooks. We operate on a legal ground, as the company MyEtherSports S.R.L. is operating from within borders of Costa Rica, granting us the ability to conduct gambling activities online. Official page: https://www.myethersports.com The first implementation of our betting platform is currently powered by Solidity and is meant to be run on Ethereum public ledger, however because of numerous challenges and limitations we're planning to develop our own network that is more suitable for the task. For this sole reason, the first iteration will be released onto Ethereum public ledger and be referred to as OpenGenesis. The second revamped version however will use only the best blockchain has to offer, such as Blockchain Lattice and Virtual Voting alternative, that will allow nodes to reach consensus without any voting nor delays. Alternatively, because the back-end is written in Solidity, it gives us more freedom to choose from (ethereum form, rootstock, hedera, etc.) but we're determined to design our own as we don't want to rely too much on a 3rd party. It doesn't necessarily mean these different platforms can't co-exist, in fact we want community to choose whichever they prefer best, therefore we want to explore possibility of transferring GEN tokens between different chains using Atomic Swap. We have been designing a DAO+ICO hybrid for months, only finding out about this relatively new term a month after Vitaliks announcement. Unfortunately the first ever DAICO implementation was not what people have hoped for, as it doesn't allow anyone to vote nor does it allow investors to claim refunds on their own. It's probably now what Vitalik had in mind when he came up with the idea. We've on the other hand have made it far more superior and contributor friendly:
NOTE: If you are a United States resident and are not an accredited investor you can not participate in our ICO and in any ICO for that matter. Even if you are an accredited investor, please do not send us your KYC information because we're not going to process those, in accordance with our terms and conditions. ----------==========| Roadmap |==========----------
----------==========| Read our whitepaper |==========---------- If you're interested in finding more, please read our whitepaper (https://www.myethersports.com/documents/whitepaper_pages.pdf) as it explains in detail the current state of the industry, what our vision is, how some of the key functionality works and what our plans for the future are.----------==========| Follow us on social media and stay up to date |==========---------- Facebook (https://www.facebook.com/myethersports) | Twitter (https://twitter.com/myethersports) | Telegram (https://t.me/myethersports) | Steemit (https://steemit.com/@myethersports) | Reddit (https://www.reddit.com/r/MyEtherSports/) | Linkedin (https://www.linkedin.com/company/myethersports) | Github (https://github.com/orgs/MyEtherSports) |