⚜️⚜️⚜️⚜️ Edgeless - World‘s First Ethereum Based Crypto Casino ⚜️⚜️⚜️⚜️

[Maslate]

Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

He doesn't need to clarify it because he is not the real author of it, but honestly it was my basis also that EDG will be more
in demand in the future. That analysis is fairly done and if we can achieve a major progress, we will receive income forever from a lottery.

[rgornik]

Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

devs said that those 50 mlm of tokens will (probably) be used for casino purposes. so those that will want to play in casino in the future will have to buy edg in the entrance of casino and when they will be done they will cash out profit or rest of the money from edg they will own at the exit

[anirgu]

Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

devs said that those 50 mlm of tokens will (probably) be used for casino purposes. so those that will want to play in casino in the future will have to buy edg in the entrance of casino and when they will be done they will cash out profit or rest of the money from edg they will own at the exit

In that case what would be the price of each token sold by Dev? Will it be similar to market price or will it be at ICO price? suppose the price goes down,will they sale at ICO or market...Can I get more information on this?

[rgornik]

Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

50mln tokens are frozen and can't participate in lottery, do you mean these are dev tokens and will never be used for lottery? Can you clarify this

devs said that those 50 mlm of tokens will (probably) be used for casino purposes. so those that will want to play in casino in the future will have to buy edg in the entrance of casino and when they will be done they will cash out profit or rest of the money from edg they will own at the exit

In that case what would be the price of each token sold by Dev? Will it be similar to market price or will it be at ICO price? suppose the price goes down,will they sale at ICO or market...Can I get more information on this?

bear in mind that this was still just a thinking from devs. but they said they want to bring price to 1$ and keep it above stable from there on. but those edg (sold in casino) will not act like tokens on exchange, their use will be more for casino purposes (like chips). so probably when you will buy edg in casino enter and exit price will be 1$ regardless on what will happen with edg tokens on exchanges

[ujang1]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

[redsn0w]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

Gnosis $GNO tokens will be available for trading on Poloniex one week after the close of the auction.

https://twitter.com/Poloniex/status/856570173112942593


I think they will also some other ethereum token, like EDG (I hope) and most probably TRST.

[rekcahxfb_foundation]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

Gnosis $GNO tokens will be available for trading on Poloniex one week after the close of the auction.

https://twitter.com/Poloniex/status/856570173112942593


I think they will also some other ethereum token, like TRST and most probably EDG.

its possible. Everyone dreaming poloniex. Maybe polo will list Edgeless after the blackjack open beta. IMO

[Meuh5598i]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

Gnosis $GNO tokens will be available for trading on Poloniex one week after the close of the auction.

https://twitter.com/Poloniex/status/856570173112942593


I think they will also some other ethereum token, like TRST and most probably EDG.

its possible. Everyone dreaming poloniex. Maybe polo will list Edgeless after the blackjack open beta. IMO

Poloniex recently added some new coins.But till now there is no profit sharing tokens available for trade since poloniex started.

[Ipwich]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

Let's see this coming few days, you will be surprise if they will add EDG...
Big exchanges like Poloniex can help this project to go bigger and they said it is not a profit sharing because it is done through lottery.

[kalpit]

Any thoughts about this reddit post?  EDG seems like a goldmine if his numbers are correct.

https://www.reddit.com/r/Edgeless/comments/61aune/thoughts_about_edgeless_roi_assumed_calculations/

If you will check the satochi dice daily volume, it was about 50 000 BTC/day in 2013. 50k*30=1500000BTC per month.  If we will assume Edgeless casino games (there will be many games, including sports betting) will have the same volume in ETH (1,5mln ETH bets/month) and about 1% of profit, there will be 15000ETH/month for casino and 6000ETH will go to Lounge.

There are 132,046,997 EDG tokens. 50mln tokens are frozen and can't participate in lottery (I assume they will have no ability to participate in future too)  82046997 EDG will be able to play in Lounge lottery with ~6000ETH monthly fund.(All calculations are estimated and may be absolutely wrong).  So if all possible EDG will participate in a lottery, 1 EDG will have 6000ETH/82046997EDG = 0,000073129 ETH.

So to receive ~1ETH/month you will need to have ~13674EDG in a lottery. That is a 13,6 ETH at the time of ICO. In other words, early investors may receive ~1ETH/month forever for 13,6ETH one time investment. If that will work, EDG is a gold cow with an insane ROI.

NOTE: All calculations are absolutely estimated and may be wrong.

There are some things that should be considered.

We shouldn't expect it to grow to Satoshi Dice size in small time.
There are already competitors like vdice  with slightly higher house edge.
In case of edgeless we have approximate 0.83% profit not 1 %

[fudster]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

That means SONM will also be added on polo?

[shannen87]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

Serious project like Gnosis? Who you kidding? Everybody even Vinny Lingham is accusing them of doing a scam-business. Gnosis token worth $30/coin and after the ICO sale, it will worth $1/coin, all investors are REKT. Polo added them because bought tons of coins itself.

[specturul]

Stop dreaming about Poloniex. They do not add such small tokens at the moment. They need more serious projects such as Golem, Augur or Gnosis.

Serious project like Gnosis? Who you kidding? Everybody even Vinny Lingham is accusing them of doing a scam-business. Gnosis token worth $30/coin and after the ICO sale, it will worth $1/coin, all investors are REKT. Polo added them because bought tons of coins itself.

The Gnosis team will give the community a decision by voting what to do with unsold coins. They will be burned, it's matter of time.

[Greaves7]

Edgeless

Additional prize for bounty participants

Total bounty reward amount available for Additional prize - 1 000 000 EDG (equivalent to 1 000 ETH)

1 000 000 EDG tokens will be distributed as an additional prize for bounty participants.

When Dev Edgeless or martismartis u pay to your community This bounty? - Additional prize for bounty participants

Total bounty reward amount available for Additional prize - 1 000 000 EDG (equivalent to 1 000 ETH)

https://bitcointalk.org/index.php?topic=1812026.msg18735195#msg18735195

[toygg]

Why did the value of EDG dropped so much?

[akasma]

Why did the value of EDG dropped so much?

it's simple They have bought many EDG tokens or invested money to this project in the early ICO launching then They get a big profit so They need profit taking and Of course the price must be deeply down. However this is a good chance to buy and hold it for new chance if it can increase again .

[soyab0007]

I still dont understand how Gnosis crowdsale gets ended in 15 minutes... and that too with huge amount..

[jrbone]

I still dont understand how Gnosis crowdsale gets ended in 15 minutes... and that too with huge amount..

Maybe gnosis got a good response from investor and Gnosis tokens will be available for trading on Poloniex one week after the close of the auction.

[Invester]

I still dont understand how Gnosis crowdsale gets ended in 15 minutes... and that too with huge amount..

Maybe gnosis got a good response from investor and Gnosis tokens will be available for trading on Poloniex one week after the close of the auction.

Gnosis will get crushed next week in poloniex just like what happened to zcash few months ago. Too expensive and the devs are holding nearly all the tokens. I heard they might burn the remaining tokens but I cannot find any assurance or devs obligation to burn it mandatory. Edgeless will stay strong for as long as it gains consistent income. Time will tell.

[talikila]

Edgeless

Additional prize for bounty participants

Total bounty reward amount available for Additional prize - 1 000 000 EDG (equivalent to 1 000 ETH)

1 000 000 EDG tokens will be distributed as an additional prize for bounty participants.

When Dev Edgeless or martismartis u pay to your community This bounty? - Additional prize for bounty participants

Total bounty reward amount available for Additional prize - 1 000 000 EDG (equivalent to 1 000 ETH)

https://bitcointalk.org/index.php?topic=1812026.msg18735195#msg18735195

That's so nice . This project has brought much profit to the investors and bounty participants.

There are rare projects that give an additional prize to such bounty participants.

It's not waste of effort to support this project .  Thank you, DEV and EDG Team.