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Author Topic: [ANN]★vDice Ethereum Blockchain Gambling★ || [ProfitContainer is Deployed]  (Read 76941 times)
vdice_io
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November 15, 2016, 02:17:52 PM
 #241

Investment can be made.
Should be supported by new simple games.

Yes, we agree! We're going to continue to work with and hire the best to do that.

If you have a chance, please read our Development Roamap:-
https://blog.vdice.io/wp-content/uploads/2016/10/vDice_Development_Roadmap.pdf
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November 15, 2016, 02:19:32 PM
 #242

Good that i am part of this ICO...already bought my vslice and now waiting for the price to go high


Also do  someone know when we may get returns after the ICO is over?

Will it be weekly or monthly?

Monthly.

A more full answer is here:-

The profits being distributed would the house profits from the vDice contracts. This is easily done by setting the houseAddress of those contracts to the profitContainer's address. The profits will come from across all of vDice's games. The current investment functions are unaffected, as tokenHolders receive house profits.

The way the profits are distributed is simply based upon the amount of tokens a token holder holds in proportion to the total supply, and the amount of profit that was in the profitContainer contract at the start of lock period. 

Therefore, if we assume that there are 1,000 total tokens, and a token holder owns 10 tokens (amounting to 1% ownership), and at the start of the current locking period, there was an exact balance of 100 ETH, when this token holder redeems their profits, they will receive 1% of the profits, or 1 ETH.

We will achieve the objectives listed above with the following architecture:

● Manual Coin Locking
a) Each token holder gets an amount of token proportional to the ETH they
deposit into the Crowdsale (ICO), in the ratio of:
- Week 1 = 1 : 130
- Week 2 = 1 : 120
- Weeks 3 & 4 = 1 : 100
   
4. Analysis

b) The profit from vDice is sent to the token contract and is accumulated in its balance.
c) The token contract can be in any one of these two states:
i. Unlocked: tokens are freely transferable, and profit cannot be withdrawn during this period of time. The length of unlocked time period will be decided at contract
deployment: e.g 3 weeks.

ii. Locked: tokens cannot be transferred. Each token holder can withdraw their profit share only during this period of time. The profits which are not collected can be sent/withdrawn to the wallet contract. The length of the locked time period should be decided at contract deployment: e.g 1 week.
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November 15, 2016, 02:37:40 PM
 #243

Good that i am part of this ICO...already bought my vslice and now waiting for the price to go high


Also do  someone know when we may get returns after the ICO is over?

Will it be weekly or monthly?

Monthly.

A more full answer is here:-

The profits being distributed would the house profits from the vDice contracts. This is easily done by setting the houseAddress of those contracts to the profitContainer's address. The profits will come from across all of vDice's games. The current investment functions are unaffected, as tokenHolders receive house profits.

The way the profits are distributed is simply based upon the amount of tokens a token holder holds in proportion to the total supply, and the amount of profit that was in the profitContainer contract at the start of lock period. 

Therefore, if we assume that there are 1,000 total tokens, and a token holder owns 10 tokens (amounting to 1% ownership), and at the start of the current locking period, there was an exact balance of 100 ETH, when this token holder redeems their profits, they will receive 1% of the profits, or 1 ETH.

We will achieve the objectives listed above with the following architecture:

● Manual Coin Locking
a) Each token holder gets an amount of token proportional to the ETH they
deposit into the Crowdsale (ICO), in the ratio of:
- Week 1 = 1 : 130
- Week 2 = 1 : 120
- Weeks 3 & 4 = 1 : 100
   
4. Analysis

b) The profit from vDice is sent to the token contract and is accumulated in its balance.
c) The token contract can be in any one of these two states:
i. Unlocked: tokens are freely transferable, and profit cannot be withdrawn during this period of time. The length of unlocked time period will be decided at contract
deployment: e.g 3 weeks.

ii. Locked: tokens cannot be transferred. Each token holder can withdraw their profit share only during this period of time. The profits which are not collected can be sent/withdrawn to the wallet contract. The length of the locked time period should be decided at contract deployment: e.g 1 week.

Nice profit management indeed

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November 15, 2016, 02:39:28 PM
 #244

I just saw it. It looks like an investment.

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November 15, 2016, 02:40:50 PM
 #245

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.
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November 15, 2016, 03:09:54 PM
 #246

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.


We'll see about integrating a tracker into the UI of the website.

Thanks.
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November 15, 2016, 03:50:34 PM
 #247

Over $1 million dollars in less than 24 hours, Well done to Vdice team, I will like to know the maximum cap for this project


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November 15, 2016, 04:32:00 PM
 #248

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.


You can track here:
https://etherchain.org/account/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF#txreceived

We'll see about integrating a tracker into the UI of the website.

Thanks.
Really a good start for vdice.First day funding is over $1M and still counting.

.
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icoico
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November 15, 2016, 05:33:22 PM
 #249

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.


How many days do you guys think it will needed to reach the tokens cap?

1 week?

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November 15, 2016, 05:37:02 PM
 #250



Well done to everyone involve in Vdice project, I hope this is just the beginning of good things

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November 15, 2016, 05:48:23 PM
 #251

I'm assuming you can only use ETH to buy and not BTC?

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November 15, 2016, 05:51:28 PM
 #252

I'm assuming you can only use ETH to buy and not BTC?

Nevermind. Saw that you can use BTC too.

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November 15, 2016, 06:38:24 PM
 #253

Hello everyone! Support please my post https://steemit.com/news/@acidsun/vdice-azarinaya-igra-na-osnove-etherium-ico-aktiven

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November 15, 2016, 08:40:44 PM
 #254

Over $1 million dollars in less than 24 hours, Well done to Vdice team, I will like to know the maximum cap for this project

The ICO will end when it reaches 700k eth, or Dec. 15th. Whichever comes first.
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November 15, 2016, 08:46:24 PM
 #255

I can't watch how many Ethereum have been raised on the website, where I can check the invested amount of Ethereum and other Crypto coins.

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Based on the this number: 103,422 × 130 = 13,444,860 tokens were sold, very good beginning.


How many days do you guys think it will needed to reach the tokens cap?

1 week?

Not certain. We are blockchain geeks. We just focus on what we do best ; making the best gambling dapps for ethereum
If we do that right, everything else will be great.
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November 15, 2016, 08:46:59 PM
 #256



Well done to everyone involve in Vdice project, I hope this is just the beginning of good things

Thank you Sir!
vdice_io
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November 15, 2016, 08:48:34 PM
 #257

I'm assuming you can only use ETH to buy and not BTC?

ETH is the easiest. But you can use BTC too. We have a really easy system.
It's integrated shapeshift into the vDice web wallet. So you just follow those few steps and get vDice tokens (called vSlice).

You'll see what I mean here:- https://token.vdice.io
TwitchySeal
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November 15, 2016, 11:47:54 PM
 #258

dont fuckin buy in and go away.
learn business...yes, this ico will bring major revenue to the vdice gambling site due to exposure only...
fuckin trolls

Nah, I'm gonna stay here and try to keep scumbags from preying on the more gullible or less experienced.

Also lol @ major revenue. 

Fun Fact: Prime-Dice has an ave of 5.4 million bets per day.  At vDices current rate that would take them ~303 years.

PS: vdice is not provably fair or decentralized

Why should the amount of bets grow linear? This calculation makes no sense.
Its an speculative investement and like always you can be sure it is working. You are right with that but its nothing special in crypto  Grin
I'm just trying to point out how ridiculously few bets have been made in 5+ months.

They compare themselves to satoshi-dice all the time, maybe this one will make more sense to you:

It took satoshi dice 4 months to hit bet # 1,000,000

it took vdice 5 months to his bet # 7,000

That's because it's super slow, buggy and complicated.  Try it for yourself if you don't believe me.

TwitchySeal
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November 16, 2016, 12:08:09 AM
 #259

Don't be stupid people. They didn't receive $1m+ in investments.

http://gastracker.io/addr/0x8bCCc9BA2E5706E24a36ddA02ca2A846E39a7bbF


vdice_io
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November 16, 2016, 12:22:21 AM
 #260

Update  : ETH Balance:    103,422.640024445 Ether ($1,034,226.40)
A pretty good start for an ICO I hope this will continue to increase until the total funds needed is reached
Good job team

Thanks for the well wishes. It means a lot to us! Smiley
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