Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: ahmedktata on April 13, 2020, 10:13:23 PM



Title: Decentralized Gambling platform
Post by: ahmedktata on April 13, 2020, 10:13:23 PM
i am planning to make decentralized gambling platform based on the ethereum blockchain of course.
do you think it's worth ? give me ur opinions


Title: Re: Decentralized Gambling platform
Post by: seoincorporation on April 13, 2020, 10:57:47 PM
i am planning to make decentralized gambling platform based on the ethereum blockchain of course.
do you think it's worth ? give me ur opinions


You can't make a decentralized casino, because for a business like that you need a bankroll, and the profit from the business should go somewhere. Did you already think about that?

This is a complex topic because someone has to pay for the server and someone needs to be responsible if the casino get hacked.


Title: Re: Decentralized Gambling platform
Post by: ahmedktata on April 13, 2020, 11:01:48 PM
everything is going to be automated , using smart contracts and it's going to be open source ofc . if i didn't made my self clear can u explain more for me ?


Title: Re: Decentralized Gambling platform
Post by: seoincorporation on April 13, 2020, 11:46:02 PM
everything is going to be automated , using smart contracts and it's going to be open source ofc . if i didn't made my self clear can u explain more for me ?

ok, but what happens if I lose a bet? Do you keep that as profit? If it's that way then your casino is centralized.

If you want to make an on-chain casino and let all running in the blockchain then that's not a Decentralized Gambling Platform, that's just a Punk Casino running without a licence.


Title: Re: Decentralized Gambling platform
Post by: ahmedktata on April 13, 2020, 11:48:21 PM
some decentralized exchanges get's some fee for every transaction . can we say they are not decentralized ?


Title: Re: Decentralized Gambling platform
Post by: seoincorporation on April 14, 2020, 03:43:13 AM
some decentralized exchanges get's some fee for every transaction . can we say they are not decentralized ?

Well, if you think it's possible to do it then try it. Who am i to find obstacles for your project, good luck and if you need some help then let us know.

After searching some information i found this repo, for sure it will help you ;)

https://github.com/DaoCasino


Title: Re: Decentralized Gambling platform
Post by: Initscri on April 14, 2020, 07:57:27 AM
everything is going to be automated , using smart contracts and it's going to be open source ofc . if i didn't made my self clear can u explain more for me ?

Do you have a developer willing to work on this with you, or are you a developer yourself?

This obviously isn't a small feat.


Title: Re: Decentralized Gambling platform
Post by: icosonar on April 14, 2020, 09:37:39 AM
i am planning to make decentralized gambling platform based on the ethereum blockchain of course.
do you think it's worth ? give me ur opinions


If you need any help in the development please ping me on the telegram @VikingLord for the further discussion. We have already worked on similar types of projects. 


Title: Re: Decentralized Gambling platform
Post by: Stedsm on April 14, 2020, 07:05:20 PM
thank you so much , yeah i have a humble experience in solidity and web dev

How are you planning to move your funds, then? I mean, you'll need to move each and every new deposit to a completely different address and that too each assigned to a newer one every single time a transaction is made through your website. Correct me if I'm wrong, but this is something extremely complicated here.


Title: Re: Decentralized Gambling platform
Post by: dAppXplorer on April 15, 2020, 03:49:27 AM
thank you so much , yeah i have a humble experience in solidity and web dev

How are you planning to move your funds, then? I mean, you'll need to move each and every new deposit to a completely different address and that too each assigned to a newer one every single time a transaction is made through your website. Correct me if I'm wrong, but this is something extremely complicated here.

There are a bunch of smart contract betting platforms that are non custodial. You have Degens Betting Exchange running on ethereum and Wagerr which runs on some proprietary blockchain.