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Product Update: Kryptium app version 1.3.0 is now released! This version builds on the feedback that we received from the Kryptium community during the last months: ✅ Simplified betting transactions by using only the betting wallet ✅ Cancelled the need for betting accounts ✅ Improved support for "non-sports" events Get it now from: https://kryptium.io/#try_it
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Round 3 ended: 01 June 2019 23:00 UTC AboutBitcoin is on the rise, crypto "bulls" are back and altcoins have suddenly become interesting again (well... some of them ). So Round 3 is all about betting on cryptos!- Spread-the-word Prizes: Follow us on Twitter and Telegram, and do a few retweets to join the draw for the 5 Spread-the-word Prizes of 0.1 ETH each!
- Installation Bonus: The first 50 participants, who will install the Kryptium betting app on their computers, will receive an Installation Bonus of 0.01 ETH!
- Betting Bonus: The first 50 participants, who will place a bet on any of the "Cryptocurrencies" events, will receive an Betting Bonus of 0.01 ETH!
Terms and ConditionsPrevious terms & conditions: Round 1, Round 2.If you have any questions about this campaign, please post them on our Telegram group: https://t.me/kryptiumIt is not allowed to apply for any of the prizes or bonuses more than once, using multiple Bitcointalk.org accounts.Round 3 - Period: 23 May 2019, 00:00 UTC to 01 June 2019, 23:00 UTCSpread-the-word PrizesTo join the draw for the 5 Spread-the-word Prizes of 0.1 ETH each, you will need to do the following by the end of Round 3:Announcement of Spread-the-word Prize winners: 02 June 2019 by 23:59 UTCFor the draw we will use the "Third-party Draw Service" of RANDOM.ORG. We will randomly reorder the list of participants for Spread-the-word Prizes and pick the first 5 participants as winners. A link to the result of the draw on RANDOM.ORG will be posted on this thread. If any winner of a Spread-the-word Prize does not meet all the criteria for eligibility, we will pick the next participant from the list and so on until we have a total of 5 eligible winners.
Payment: 03 June 2019 by 23:59 UTC Spread-the-word Prizes will be sent directly to the Ethereum wallet addresses of the winners.Installation BonusTo receive the Installation Bonus of 0.01 ETH, you will need to be one of the first 50 participants who will do the following by the end of Round 3:Participants who received the Weekly Prizes of Round 1 or Round 2 are not eligible for the Installation Bonus in Round 3.
IMPORTANT: Please do not reserve "reply spots" and post your registration info only when you have completed all required actions. Participants who don’t respect this rule will be immediately disqualified.
Payment: We will try to pay out Installation Bonuses on a daily basis. In case this is not possible, for any reason, we will retry every day.
Betting Bonus
To receive the Betting Bonus of 0.01 ETH, you will need to be one of the first 50 participants who will do the following by the end of Round 3: Participants who received the Weekly Prizes of Round 1 or Round 2 are not eligible for the Betting Bonus in Round 3.
IMPORTANT: Please do not reserve "reply spots" and post your registration info only when you have completed all required actions. Participants who don’t respect this rule will be immediately disqualified.
Payment: We will try to pay out Betting Bonuses on a daily basis. In case this is not possible, for any reason, we will retry every day.
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Kryptium is now in the TOP 10 dapps of the “Gambling” category on Stateofthedapps.com!
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Note that, for this campaign, Kryptium Team will be represented by myself and ykaralis.
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Campaign cancelled AboutThis is the first campaign of Kryptium aiming at introducing the platform to a larger audience. The campaign consists of 2 phases:- Phase 1: Join the Kryptium community and get a chance to be one of the 10 lucky members who will receive a WELCOME prize of $30.00 in ETH (not in “funny” coins!).
- Phase 2: The 10 WELCOME prize winners will have the option to go after one of the 2 KRYPTIUM PIONEER prizes of $100 in ETH (each), simply by placing 4 bets within a specific period using the Kryptium app.
Terms and ConditionsPhase 1Joining period: 31 March 2019, 00:00 UTC to 6 April 2019, 23:59 UTCTo join the draw for the 10 WELCOME prizes, you will need to do the following by the end of the “joining” period:If you have any questions about this campaign, please post them on our Telegram channel https://t.me/kryptiumAnnouncement of Phase 1 winners: 7 April 2019 by 23:59 UTCThe list of participants will be available on this spreadsheet For the draw we will use the “Third-party Draw Service” of RANDOM.ORG. We will randomly reorder the list from the spreadsheet and pick the first 10 participants as winners.
Payment: 8 April 2019 by 23:59 UTC
The WELCOME prizes of $30 will be sent directly to the betting wallets of the winners in ETH at the then current USD/ETH exchange rate (which will be published on this thread).
Phase 2
IMPORTANT: If we have less than 10 winners in Phase 1, Kryptium Team might consider cancelling Phase 2. Participation of Phase 1 winners in Phase 2 is optional.
Betting period: 9 April 2019, 00:00 UTC to 11 April 2019, 23:59 UTC
To join the draw for the 2 KRYPTIUM PIONEER prizes, Phase 1 winners will need to do the following by the end of the “betting” period:
- Transfer any amount you wish from your betting wallet to your betting account. Make sure that you leave at least $2 worth of ETH in your betting wallet for the payment of transaction fees!
- Open, join or match a total of 4 bets.
- The stakes of these bets should not be less than the “minimum amount”*. So, make sure that you also don’t match a bet with a required stake of less than the “minimum amount”!
- All bets should be placed using the betting wallet you provided during Phase 1.
* The “minimum amount” will be $1.00 worth of ETH at the then current exchange rate. To avoid any misunderstandings, we will post on this thread the exact value of the “minimum amount” in ETH by 8 April 2019. Announcement of Phase 2 winners: 12 April 2019 by 23:59 UTCFor the second draw we will use again the “Third-party Draw Service” of RANDOM.ORG. We will randomly reorder the list of Phase 2 participants from the spreadsheet and pick the first 2 participants as winners. A link to the result of the second draw on RANDOM.ORG will be posted on this thread. Note that winners will need to continue been followers of Kryptium’s Twitter account and members of Kryptium’s Telegram channel in order to receive their prizes. Also they should not have deleted their post on Twitter. If any of the Phase 2 winners does not meet all the criteria, we will pick the next winner from the list and so on until we find 2 eligible winners.Payment: 13 April 2019 by 23:59 UTCThe KRYPTIUM PIONEER prizes of $100 will be sent directly to the betting wallets of the winners in ETH at the then current USD/ETH exchange rate (which will be published on this thread).
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Product UpdateHey, social networks! We’re coming to you! Kryptium v.1.2.0 enables sharing of any open bet on Facebook or Twitter or that private Slack channel at the office! Go to Open Bets, find your bet, click its “…” button and then “Share”! You can download the latest version from: https://kryptium.io/#try_it(click on the image to open the sharing URL of a real bet!)
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Product UpdateKryptium v.1.1.0 is out with support for HEAD-TO-HEAD BETS! For those familiar with bet exchanges, Kryptium now supports both back and lay bets without compromises on the intuitive user experience of the app. You can download the latest version from: https://kryptium.io/#try_it
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For those who have expressed concerns about Ethereum’s tps performance and scalability as well as its suitability for Kryptium’s truly decentralised betting platform, there are some good news after the Constantinople upgrade. On 2nd March, Ethereum was the fastest it's ever been! 6,402 blocks and 13.35 second block times.
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Our second YouTube video is out!To start betting with Kryptium, you will first need to transfer some ether to your betting wallet and betting account. This video shows you how.
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Kryptium is now on YouTube!Check out our first video tutorial “How to open a pool bet” and make sure that you subscribe to our channel!
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For those of you who have downloaded the app and opened or joined one or more pool bets, keep in mind that this is just the start! Kryptium Team is already working to add support for head-to-head bets which are planned for version 1.1.0.
Head-to-head bets will give 100% control to those who open them. You will be able to wager any stake you wish, no matter how big or small it is, and define your own odds! And the fun doesn’t stop here. You will also be able to define any combination of possible outcomes as your winning forecast! So, for example, for a football (soccer) match that has possible outcomes “home win”, “draw” or “away win”, a bet forecast can be any of these possible outcomes (e.g. “home win”) or even a combination of 2 outcomes (e.g. “draw or away win”). Or, in a horse race with 10 runners, you could very well bet on the 3 horses that you think have the most chances to come first.
Stay tuned because head-to-head bets will also play an important role in our upcoming “bounty” campaigns!
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Does that mean we will be capable of opening up our own games in the kryptium system and be part of it and get other players to come there and play with us and make money together with you guys. Or does that mean we can use the code to open our own website and own casino and use your software to do that and then win together and share it with you guys ?
Both are great options to begin with but if it was possible to use the software that you guys have and opening up the own casino website option would be much more entertaining, I know it takes a lot of advertisement and a lot of work to get yourself heard in crypto casino world but having your own casino without worrying about the software would take away so much of the trouble and make it so much more easier.
Before answering your question, we need to clarify a few things: - The Kryptium platform does not include a “website”. There is just an app which you need to download and install on your computer to access Kryptium betting houses. It’s better than a website because authorities can block any website or even take it down. Nobody can take down an app on your computer (unless you give them administrator access )
- Kryptium betting houses are actually apps on the Ethereum network (smart contracts). So no servers required. Anybody is free to deploy and manage their own betting house (i.e. Ethereum app). At the moment only developers can do it (the code of the smart contracts is available on GitHub), however version 2.0 of the Kryptium betting app will include functionality to allow non-developers to do the same without requiring any special technical knowledge
- At the moment, Kryptium betting houses can only support event-based betting, such as betting on sport events, e-sports competitions, politics etc. Kryptium doesn’t support casino games such as dice or roulette. However, this is expected to change as Ethereum will be upgraded with new features that will allow faster transactions.
So, taking all the above into account, the answer is yes you can use Kryptium to open your own betting house which will be accessible via the Kryptium betting app. At the moment, your betting house can only support event-based betting, so you will need to maintain a list of upcoming events (sports, politics, other) and post their outcomes. You will also be able to get a commission from players’ bets (you define the commission or even let them bet with 0% commission!). Eventually (but not at the moment), we will be receiving a percentage of your house's commission fees as licensing fee for using the platform. The plan is that houses with 0% commission will not have to pay any licensing fees. In addition to the above, it is important to note that Kryptium betting houses can be deployed not only on Ethereum but also on any Solidity-compatible network, such as Ethereum Classic, Expanse, PIRL, Callisto, Ellaism, POA and Musicoin. The Kryptium app already supports easy switching from the default (Ethereum) to other compatible networks!
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Here is the great fun: Kryptium allows you to deploy your own betting house and/or event data service!For the Solidity/tech-savvy: check https://github.com/Kryptium/SmartContracts. For non-developers: The next major version of Kryptium will support easy deployment and management of your own betting houses and event data services, from inside the app! https://kryptium.io/#roadmap
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Isn't stuff like these going to clog up the ethereum blockchain again? Cryptokitties had a big user base last year and ethereum was practically unusable for weeks. How is it going to be any different if this project attracts many players?
You are right, heavy usage of Kryptium could clog the blockchain just like the Cryptokitties did. This is a known issue for Ethereum but it is also known that Eth developers working (Plasma, State channels, POS) in order to fix the the tps and scalability issues. We are also considering the usage of ipfs as an additional decentralized storage of our DApp
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Hey guys, if you would like to have some fun betting on NBA matches, have a look at our new app, Kryptium, which supports pool bets. To start betting you will need to download the app from https://kryptium.io/#try_it and also transfer some Ether to the betting wallet that the app will set up for you. To learn more about Kryptium's pool bets, you can check https://kryptium.io/#bettypes
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Hello World! Meet Kryptium, a truly decentralised platform for peer-to-peer betting, based on Ethereum blockchain technology. Using Kryptium, anybody can act as a player, house or data service provider! Downloads: Our betting app is currently available for Windows, macOS and Linux. You can download it from: https://kryptium.io/#try_itSupport: If you need any support or have questions about to how to use the app, you can visit our group on Telegram: https://t.me/kryptiumSmart contracts: Kryptium smart contracts and instructions for deploying your own betting house are available on GitHub: https://github.com/kryptiumNews: We will be posting updates about Kryptium here but also on Twitter https://twitter.com/kryptium_io and LinkedIn https://linkedin.com/company/kryptium
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I found some of the SportBetting sites that claim to be decentralized and purely Player vs Player. I have tried some of them, and I could say that their system are not really good, even if you check their website now, it is not updated anymore. The last update are mostly from match last year. Moreover, their support are not that good either, so there are some, but not recommended.
Did you tried our app Kryptium? We are really interested to get feedback from users. Please note that Kryptium isn't a site(Web application) but a desktop application available on Windows, Linux and Mac OS. It works similar to Desktop crypto wallets and currently has deployed smart contract on Ethereum, Ellaism, Callisto, Ethereum Ropsten and Rinkeby testnets. So it's possible to try the application on testnets using currencies with zero fiat value.
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You are wrong, on paper it has the technology, but in real life, it has proven to be very problematic. In fact, so problematic that they haven't even released their mainnet yet. That's just crazy, even the terrible EOS has released their mainnet. ADA is just way too far behind in development.
some might say that it doesn't matter, if it is better people will migrate to it. This isn't true at all. There have been so many real life examples of technologically inferior products winning over technologically better products. Just look at apple products. All of them are like five to six years behind technology wise yet they still get eaten up like hotcakes.
Do you follow project? The team is not far behind its roadmap. The project has not yet encountered any serious problems. Global update will take place in the next 3 months. Ethereum is 2 years ahead. There are a lot of developers already writing smart contracts using solidity, the internet is full of stuff to help devs for doing this and interact with its blockchain. It has been forked heavily like Bitcoin and Monero, it has even a permissioned blockchain clone(Quorum). I am sure that sooner or later Cardano will find the developers community required to succeed but to surpass Ethereum nope
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It was high time to improve Ethereum, but is it possible? So far, no one has been able to surpass the Ethereum platform.
Ethereum works just fine given the existing DApps adoption. Sure in the future it will need to solve the missing cap, scalability and transaction costs issues
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