its a very nice project, improvement of Vdice, but better yet using Escrow
because many projects Scam which made investors think carefully in following the ICO or Crowdsale now
Escrow question:Crowdsale is guided by an Ethereum Smart Contract which works like escrow system. Technically a smart contract is uploaded to the blockchain and starts working. It will be impossible to change it or interference a smart contract while crowd sale is active. Because everyone has an original copy of the smart contract - principle is same as BTC transaction. Same method was use be other famous blockchain projects: Golem
https://golem.network/crowdfunding.htmlMain features of our crowd sale smart contract:
- once a smart contact received ETH from an investor, contract automatically sends EDG tokens in exchange. Everything happens immediately and real time.
- investors can start using EDG tokens once crowd sale is finished
- if minimum goal is not reached (50 000 ETH) smart contract automatically sends ETH back to all investors and burns all EDG tokens
- unsold EDG tokens are automatically burned by a smart contract
More info how smart contracts work and perform escrow functions:
https://www.ethereum.org/When it comes to a bounty program - we use traditional escrow. Ransu Salovaara from Token Market. Right now he is an escrow for Chornos Bank. He will be our bounty fund escrow and disctribute tokens for bounty participants based on their results.
@Edgeless
Greetings. In the description of bounty:
"Earn EDG tokens by participating in EDGELESS bounty program
There are 10 million EDG tokens provided for Edgeless Bounty Program "
It will be 10 million tokens or they will be distributed only in the case of collection of 88%? Ie, if the project will bring 50,000 of ether, then the bounty will be allocated not 10 million, but 1 million?
Bounty program is not affected by a minimum/maximum goals. There will be 10 million EDG (2% from total sum) distributed among bounty participants.
what is that EHT ?
typo, i mean is ETH ?
It's a typo. Crowdsale is raising in ETH (Ethereum cryptocurrency)
good new project man, i hope this project succes later
Thank's for support