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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] E4ROW ICO is live! This is a very different kind of offering... on: May 04, 2017, 05:24:22 PM
I'm one of the programmers that worked on the E4ROW project

Basically there are 3 parts: games, an escrow contract, and a token contract.

    * Players bet ETH on the games -- and their bets are escrowed by the E4ROW Escrow contract
    * The Escrow contract pays the "pot" to the winner of the game, but keeps a 2% escrow fee
    * The Escrow contract passes the collected fees to the Token contract
    * The Token contract splits up the collected fees to the token holders.

 Some notable features:
    * First game (Uncle Finney's Poker) is already live (https://www.unclefinneyspoker.com/) . Has over 700 games played
    * Several payouts already made to token holders.
    * Contracts and Game source code on github.
    * Token Contract pays dividends to token holders in perpetuity
    * Token holders can withdraw there accumulated profits at any time. Even multiple times per day.
    * 90% of funds raised in token-sale returned to investors if proof-of-functionality usage threshold not met within 90 days
    * Developer tokens locked for 1 year
    * Investor funds returned to investors if 5,000 tokens are not sold by the end of the ICO
    * 1 token/ETH, no partial tokens
    * The ICO ends May 23, 2017 12:00am GMT

 For more info see www.e4row.com
-kaandoit
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