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

[bitcoinsforall]

just another question regarding the bounty since there is no official response for additional bounty which around 1 M EDG here the prooft



since that bounty still not sended and the receiver we still dont know who is that, the escrow address should have 51M EDG https://etherscan.io/token/Edgeless?a=0x003230bbe64eccd66f62913679c8966cf9f41166
but a few hours ago i see the escrow address sent out 304k EDG to an address

so can the dev clarify about this

I am sure the team will not respond on this bounty.They already made a statement that it was distributed as part of PR and other activities but this shows that nothing has moved out from the wallet.I hope they do distribute the 1 M edg as promised earlier to all the participants.

[HermanTheGerman]

New notification via twitter: Main change after hack - Players will need #EDG to play in our Casino!

[o48o]

And what if they don't get the license?

If Breakoutcoin can secure a license I'm 100% sure that Edgeless can too.

Well it's a gamble , edgeless gamble that is.

[HermanTheGerman]

If anyone walked away from EDG right now, what other coin would you chose to change?

[SweetHodler]

noob question but, in order to play in the EDG casino do you need EDG tokens? Or is/will there be a cashier available where you can deposit for example btc and eth?

[electricretard]

noob question but, in order to play in the EDG casino do you need EDG tokens? Or is/will there be a cashier available where you can deposit for example btc and eth?

They just said that they will change the original plan an now you will need EDG to play in the casino. Original plan was ETH but there's an issue storing that securely. There's good and bad with this, but I remain confident with the project and well, still up like crazy from the ICO. So let's gambool with EDG

[Dewi08]

Waiting for the dumper to be done again, at least making the panic of others, and see the price on the EDG more certainly panic of all people who buy at high prices ...

[muleroaa]

I'm amazed at the team's positive attitude towards this whole thing. It's a good thing that ETH has risen so much since the crowdfund.

I'm wondering, the fact that EDG will be used now for placing bets instead of ETH, isn't that a good thing either way? It creates more buying pressure? Wouldn't this have been better to have done in the first place anyway?

Might still be good to eventually have ETH added too though, just to gain a broader audience of users I guess.

[Bigbobbasher]

Someone had mentioned this on slack: why did devs not have their remaining eth in a hardware wallet rather than parity?

[toygg]

Its good that EDG will rise like crazy in the future but then the question is will people bet EDG instead of ETH. Like would EDG lose its appear to gamblers since they might not want to bet and win EDG as EDG is a rather new token as compared to ETH which is well established and valuable because lots of ICO uses it.

[gnurta]

Here is a simple calculation:

Edgeless team claims their casino to have a 0.83% edge in practice. It means that for every $1 bet on their platform, they statistically collect $0.0083 regardless of the outcome.

In order to recover $5.6 million, the accumulated wager needs to be over $674 million (5,600,000/0.0083).

It doesn't matter whether players use ETH, BTC or EDG to bet. The total value in USD should be equal to the above figure.

How long does it take to achieve that goal?

[Pab]

Its good that EDG will rise like crazy in the future but then the question is will people bet EDG instead of ETH. Like would EDG lose its appear to gamblers since they might not want to bet and win EDG as EDG is a rather new token as compared to ETH which is well established and valuable because lots of ICO uses it.

If thay win thay can participate in lottery,look how edg is stable btc price is rasing edg is 50 cents all the time

[minorman]

Here is a simple calculation:

Edgeless team claims their casino to have a 0.83% edge in practice. It means that for every $1 bet on their platform, they statistically collect $0.0083 regardless of the outcome.

In order to recover $5.6 million, the accumulated wager needs to be over $674 million (5,600,000/0.0083).

It doesn't matter whether players use ETH, BTC or EDG to bet. The total value in USD should be equal to the above figure.

How long does it take to achieve that goal?

That looks way too long to go, I was expecting an official statement from OP regarding the hack and how are they going to proceed with the remaining funds and what would be their next roadmap?

Have they provided any update on slack for this?

[josefelix]

the best casino i would say , dont have any edge , but if i have to compare EDGE project to other , edge is the most serius project never seen so far!

[denam]

Also I saw new update regarding usage of EDG as token to place bets on the platform of Edgeless casino. It is too early to say anything what players will say but need to dig more about the full length statement and more information about the plan. How team is going to make it attractive and valuable that everyone would be willing to use it.

[voteformeg]

maybe when sportsbetting kicks in it can take a free run , lots of money involved

[BaNgTHai]

the minimum bet is .1 ETH. Thats a big min bet in USD?
How do other people feel about this? I feel like there should be some way to change min with price.

[gnurta]

https://www.reddit.com/r/ethereum/comments/6obf5w/proposal_for_all_projects_that_saw_their_funds/

Waiting for some good news.

[jacaf01]

I fear for the future of this project, it has done well for investors but since the fund to be used for the development of their platform has been drained by hackers how are they going to remain competitive in the space

[Uhde]

It is very good that the price of edg was not affected so much because of stolen ethereum tokens.
And it is a good new that casino is starting to use edg only. It is going to affect on price as well.