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Author Topic: [ANN]★vDice Ethereum Blockchain Gambling★ || [ProfitContainer is Deployed]  (Read 76941 times)
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October 27, 2016, 02:43:50 PM
 #81

One of our founders, also on the original Ethereum Team, did an interview recently.

It appeared in leading blockchain publication; the-blockchain.com

Here is the interview:
http://www.the-blockchain.com/2016/10/23/interview-with-blockchain-gambling-startup-vdice-founder-jason-colby/







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October 27, 2016, 06:12:33 PM
 #82

In the early days of Bitcoin it was all Satoshi Dice. That game did over 90% of all transactions on the network. SatoshiDICE is what really made Bitcoin so strong. vDice wants to do the same with ETH. Moreover, they created  decentralised architecture, which makes the game more trustworthy. I wonder, why is so many scepticism for this project? Any objective reasons?
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October 27, 2016, 06:21:21 PM
 #83

One of our founders, also on the original Ethereum Team, did an interview recently.

It appeared in leading blockchain publication; the-blockchain.com

Here is the interview:
http://www.the-blockchain.com/2016/10/23/interview-with-blockchain-gambling-startup-vdice-founder-jason-colby/

Looks so promising, what's makes me interesting is most bitcoin transaction come from gambling, in fact it's true and vDice look this for an opportunity to makes ETH strong as Bitcoin did.
The ICO will be great i think, have already subscribed.
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October 28, 2016, 08:12:55 AM
 #84

Blog entries:








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October 28, 2016, 10:29:10 AM
 #85

The concept is good, but after reading about the financial model for the project, you stated that the profit projected will not be more than 70ETH per day, why impose the cap because if it possible for fluctuation in income and investors will surely bear decline in profit, why can they also benefit from the increase in profit. I also note that the marketing strategy is not well detailed because as we know betting industries is one that is really crowded presently, can you please expand on how you wish to penetrate this market. Another issue is how will you address the effect of fluctuation in price of Ethereum against dollar, since you have already capped your profit. Lastly, what is the minimum and maximum amount that will make this crowdsale a success?

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October 28, 2016, 11:40:55 AM
 #86

ICO Architecture

The structure of the vSlice application is composed of three smart contracts, each of them handling a different aspect of the ICO.

The three smart contracts interact with each other, and with the vDice contract, as better explained by the graphs below:










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October 29, 2016, 10:38:19 PM
 #87

First off, I would like to say I really like the concept of your website. I haven't seen too many websites that send money to gamble and get your money back. As I'm not really familiar with Ethereum, do you know any exchange website I could instantly change from BTC -> ETH and after it finishes gambling, it gets sent to an ETH -> to BTC? I would really love to try your website!

Hi!
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October 30, 2016, 07:46:11 AM
 #88

First off, I would like to say I really like the concept of your website. I haven't seen too many websites that send money to gamble and get your money back. As I'm not really familiar with Ethereum, do you know any exchange website I could instantly change from BTC -> ETH and after it finishes gambling, it gets sent to an ETH -> to BTC? I would really love to try your website!

Great to hear that.

There are almost all the website that are offering this pair exchange. Like
Kraken
Cex
polo
yobit
etc

When you'll send the money to one of the contract given in the vDice, if you win, you will automatically get paid in ETH within seconds.







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October 30, 2016, 07:47:58 AM
 #89

Nice ICO incoming. I'm in)
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October 30, 2016, 05:07:07 PM
 #90

First off, I would like to say I really like the concept of your website. I haven't seen too many websites that send money to gamble and get your money back. As I'm not really familiar with Ethereum, do you know any exchange website I could instantly change from BTC -> ETH and after it finishes gambling, it gets sent to an ETH -> to BTC? I would really love to try your website!

Thanks for the compliment. Our developers work super hard.

If you want to instantly change from BTC > ETH, shapeshift.io is the easiest.

We have built the world's 1st LIVE, FULLY Decentralized Gambling Platform.

Basically, all gambling games are built on some database.

There are 2 types of gambling games:

1). Non-Blockchain (Central Database) Gambling.

It works the same as an exchange service.

You send your ETH to the game owners.
They record your ETH balance in their own database.

You have to trust the people who run the game.

2). Blockchain Gambling (Decentralised).

At vDice.io our games use the Ethereum blockchain as the database.
So there are no accounts. We NEVER touch your money.

Instead, you play directly from your own wallet.
You send ETH directly to the Smart Contract, on the Ethereum blockchain.

The Smart Contract processes the bet, and returns the win directly to your wallet.

You only have to trust the Smart Contract.

Full explanation is here:
https://blog.vdice.io/what-is-vdice-ether-gambling/blockchain-gambling/
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October 30, 2016, 07:30:18 PM
 #91

Thanks for the compliment. Our developers work super hard.

If you want to instantly change from BTC > ETH, shapeshift.io is the easiest.

We have built the world's 1st LIVE, FULLY Decentralized Gambling Platform.

Basically, all gambling games are built on some database.

There are 2 types of gambling games:

1). Non-Blockchain (Central Database) Gambling.

It works the same as an exchange service.

You send your ETH to the game owners.
They record your ETH balance in their own database.

You have to trust the people who run the game.

2). Blockchain Gambling (Decentralised).

At vDice.io our games use the Ethereum blockchain as the database.
So there are no accounts. We NEVER touch your money.

Instead, you play directly from your own wallet.
You send ETH directly to the Smart Contract, on the Ethereum blockchain.

The Smart Contract processes the bet, and returns the win directly to your wallet.

You only have to trust the Smart Contract.

Full explanation is here:
https://blog.vdice.io/what-is-vdice-ether-gambling/blockchain-gambling/

wow its very cool, await to the launch, want to play

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October 31, 2016, 10:17:04 AM
 #92

Thanks for the compliment. Our developers work super hard.

If you want to instantly change from BTC > ETH, shapeshift.io is the easiest.

We have built the world's 1st LIVE, FULLY Decentralized Gambling Platform.

Basically, all gambling games are built on some database.

There are 2 types of gambling games:

1). Non-Blockchain (Central Database) Gambling.

It works the same as an exchange service.

You send your ETH to the game owners.
They record your ETH balance in their own database.

You have to trust the people who run the game.

2). Blockchain Gambling (Decentralised).

At vDice.io our games use the Ethereum blockchain as the database.
So there are no accounts. We NEVER touch your money.

Instead, you play directly from your own wallet.
You send ETH directly to the Smart Contract, on the Ethereum blockchain.

The Smart Contract processes the bet, and returns the win directly to your wallet.

You only have to trust the Smart Contract.

Full explanation is here:
https://blog.vdice.io/what-is-vdice-ether-gambling/blockchain-gambling/

wow its very cool, await to the launch, want to play

Don't need to wait for the launch. You can play now!

The game works and is live:- https://www.vdice.io
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October 31, 2016, 11:01:46 AM
 #93

I think, Ico will success... How many BTC will collected ( must will be collected on a plan) ?

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October 31, 2016, 11:14:42 AM
 #94

Hi,

What will happen if the token aren't sold out after the ICO period?

To clarify, the distribution doesn't work like that. We haven't premined a bunch of tokens for sale.

Instead:

The ‘vSlice’ token Smart Contract will be deployed and people who contribute will receive:
   
- Week 1 = 1 : 130
- Week 2 = 1 : 120
- Weeks 3 & 4 = 1 : 100
for each Ether (ETH) they send, for the 1-month of the issuance.

So, for example; 100 ETH will get 13,000 vSlice tokens, up until the cap of 700,000 ETH. This cap is a max. upper limit mainly for security reasons.

The Crowdsale Smart Contract is fully decentralised. That is, the sending of Ether (ETH) to the Token Smart Contract will result in the immediate, and decentralised, issuance of the contributors vSlice tokens on the Ethereum blockchain.

Hope that clears it up for you.

So does that mean the total coin supply could be less than 96 million?


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FADESHADE
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October 31, 2016, 03:57:00 PM
 #95

I think, Ico will success... How many BTC will collected ( must will be collected on a plan) ?

Plan - 7500000$ Cool I think big boys will buy a large percentage of tokens (70%-90%). They bought all tokens of singular and first blood. Firstblood sold out in 3 minutes. Singular sold out in 13 minutes. These projects wanted to get  7500000$ like  Vdice Cool
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October 31, 2016, 05:17:04 PM
 #96

I think the good thing about this campaign is the cap, there is no need to waste time on ICO once your cap has been reached, SNGLs and Firstblood proof that, once people believe in your project they will put it in their plan and invest. I wish you guys the best


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October 31, 2016, 06:44:03 PM
 #97

I think, Ico will success... How many BTC will collected ( must will be collected on a plan) ?

Plan - 7500000$ Cool I think big boys will buy a large percentage of tokens (70%-90%). They bought all tokens of singular and first blood. Firstblood sold out in 3 minutes. Singular sold out in 13 minutes. These projects wanted to get  7500000$ like  Vdice Cool


vDice set a record, and will be completely sold out in 1 minute Cool

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TriggerX
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November 01, 2016, 01:56:03 AM
 #98

First off, I would like to say I really like the concept of your website. I haven't seen too many websites that send money to gamble and get your money back. As I'm not really familiar with Ethereum, do you know any exchange website I could instantly change from BTC -> ETH and after it finishes gambling, it gets sent to an ETH -> to BTC? I would really love to try your website!

Thanks for the compliment. Our developers work super hard.

If you want to instantly change from BTC > ETH, shapeshift.io is the easiest.

We have built the world's 1st LIVE, FULLY Decentralized Gambling Platform.

Basically, all gambling games are built on some database.

There are 2 types of gambling games:

1). Non-Blockchain (Central Database) Gambling.

It works the same as an exchange service.

You send your ETH to the game owners.
They record your ETH balance in their own database.

You have to trust the people who run the game.

2). Blockchain Gambling (Decentralised).

At vDice.io our games use the Ethereum blockchain as the database.
So there are no accounts. We NEVER touch your money.

Instead, you play directly from your own wallet.
You send ETH directly to the Smart Contract, on the Ethereum blockchain.

The Smart Contract processes the bet, and returns the win directly to your wallet.

You only have to trust the Smart Contract.

Full explanation is here:
https://blog.vdice.io/what-is-vdice-ether-gambling/blockchain-gambling/

Thanks! I tried transferring currency with shapeshift.io and it works like a charm! One thing I haven't tested yet is sending back currency through the address that was generated. For example, if I was to change BTC -> ETH and after I gamble, it would send back the ETH to the original ETH address I had, but would that ETH address necessarily be linked to my BTC? Is there an option on your website where I could change the destinated address where I would receive my funds?

Hi!
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November 01, 2016, 02:14:18 AM
 #99

It is really nice to see the whole smart contract thing being implemented in a fashion like this.    As I only have a basic understanding of ETH smart contracts, I never knew gambling with them was a possibility.   It opens up a whole new realm of options for crypto based gambling businesses, especially ones that choose to use ETH.

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unthy
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November 01, 2016, 03:50:43 AM
 #100

Hi,

What will happen if the token aren't sold out after the ICO period?

To clarify, the distribution doesn't work like that. We haven't premined a bunch of tokens for sale.

Instead:

The ‘vSlice’ token Smart Contract will be deployed and people who contribute will receive:
   
- Week 1 = 1 : 130
- Week 2 = 1 : 120
- Weeks 3 & 4 = 1 : 100
for each Ether (ETH) they send, for the 1-month of the issuance.

So, for example; 100 ETH will get 13,000 vSlice tokens, up until the cap of 700,000 ETH. This cap is a max. upper limit mainly for security reasons.

The Crowdsale Smart Contract is fully decentralised. That is, the sending of Ether (ETH) to the Token Smart Contract will result in the immediate, and decentralised, issuance of the contributors vSlice tokens on the Ethereum blockchain.

Hope that clears it up for you.

So does that mean the total coin supply could be less than 96 million?

Almost certainly. 96 million tokens is the ABSOLUTE maximum.
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