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Author Topic: [ANN] DAO.Casino - Blockchain Protocol for the Gambling Industry  (Read 45927 times)
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June 24, 2017, 03:59:52 PM
 #161

I know one of the core devs, trustworthy guy, still have to check other people in team, looks like a promising project
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June 24, 2017, 07:13:23 PM
 #162

reserved

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Dao.casino
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June 24, 2017, 10:45:34 PM
 #163

DAO.Casino Announces Terms of its Token Sale to be held June 29
https://medium.com/@dao.casino/dao-casino-announces-terms-of-its-token-sale-to-be-held-june-29-5125375f4aeb

On June 29th, 2017 DAO.Casino starting a token sale campaign to support further development of decentralised protocol for the gambling industry.

Even though, currently the protocol is available as an MVP, our hope is that, when deployed in its full capacity, it will be able to disrupt the entire online gambling industry, and bring about fairness, transparency and mutual profitability powered by blockchain technology.
Summary

    Start: June 29th, 2017 at 1:00 pm GMT
    Ending: in 28 days or when the Maximum cap is reached
    Only ETH accepted
    No minimum cap
    Maximum cap: $25,000,000 in Ether
    Token name: BET

Price staging on Token Sale

    Day 1: 2,000 BET = 1 Ether
    Days 2–14: 1,800 BET = 1 Ether
    Days 15–17: 1,700 BET = 1 Ether
    Days 18–20: 1,600 BET = 1 Ether
    Days 21–23: 1,500 BET = 1 Ether
    Days 24–26: 1,400 BET = 1 Ether
    Days 27–28: 1,300 BET = 1 Ether

Token distribution

    70% — Token Sale Participants
    10% — Early Adopters & Founders
    10% — Bounty
    10% — Legal Entity

Intended use of revenue

    60% — Research & Development
    20% — Operation
    15% — Marketing
    5% — Legal

About the Token Sale

While preparing for the extended token sale, we have suddenly faced a somewhat pleasant, but still challenging issue.

The thing is that the demand for our tokens has dramatically exceeded the initially intended supply. In just a few days after announcing the pre-sale we’ve received orders for nearly maximum that we planned as acceptable to distribute on this stage.

This makes us confident about our project’s future, and we would like to express our deep gratitude to everyone who wants to become a part of it. We value the entire community of our supporters, and it is crucial for us to make the token available to everyone who wishes to take part.

Thus, we decided to set the token sale’s maximum cap at $25 million worth of Ether. We consider this amount sufficient to meet the demand we’re currently dealing with and to present a chance for everyone to become a part of our project.

Hopefully, the revised token sale format won’t make much of a trade-off, and will fit the desires and expectations of everyone in the DAO.Casino community.
Terms of the Token Sale

Other terms of the crowdsale campaign will remain unchanged. The protocol’s internal tokens are known as BETs, and are ERC20 tokens acting as in-game currency for all contracts integrated with the protocol.

You will be able to buy 2,000 BET tokens with 1 ETH on the first day of the campaign, and 1,800 BET tokens for the next two weeks. Then the amount of BETs available for 1 ETH will be decreasing by 100 every three days.

The campaign will start as planned, at 1:00 pm GMT on June 29th, 2017. It will completely end in 28 days or when the Maximum cap is reached.

We would like to note that founders and early adopters will have vesting. We deem this measure necessary to ensure the work on the project progresses after the token sale. The parties mentioned above will have 2 years of vesting with 6 months cliff, therefore, the BET tokens will mature by 25% every six months.

As a preparation for the token sale, the contract is currently being audited to guarantee complete security and safety.
How to Participate

Please note that contributions will be accepted only in Ether. No other cryptocurrency or fiat contributions are available. Those willing to contribute to the development of our protocol may use any Ethereum client they like (we recommend Metamask, Parity, Mist, or MyEtherWallet).

The destination address will become public on the day of the token sale’s start only on the official website. From that address smart contract will transfer your BET tokens to your wallet. For that reason, of course, you should keep your private keys safe and sound.

You are also encouraged to check if the address is correct by checking it on Ethereum block explorers such as Etherscan during the campaign.
Prohibited Actions
DO NOT send ETH from any online exchange services (Kraken, Coinbase, Poloniex, etc)

We also recommend that you have your ETH private keys encrypted. This, however, will require you to have your password when you need to decrypt them, so keep that password in a safe place.
NO THIRD PARTY would be distributing BET tokens on behalf of DAO.Casino

So if you received an email from a third party or offered BET tokens otherwise, please, beware of phishing.
DO NOT send Ether to any third party addresses

To receive BET tokens do not send any Ether to addresses other than DAO.Casino crowdfunding contract address that will be provided on the official website.
Briefly about the Protocol

DAO.Casino protocol automates value chain of the gambling industry. It will enable independent game developers to get automatically rewarded for their job when casinos take their games onboard. Unlike the current situation, the developer will retain copyright for their game.

The protocol of DAO.Casino also introduces the roles of a bankroll backer and randomness provider. Therefore, game developers won’t have to depend on casino operators, and finding a bankroll backer would be enough for them to roll out a successful product.

Casino operators, on their part, will be able to guarantee that all games held at their virtual premises are provably fair.

This will benefit all parties involved in online gambling business processes. All the contributors — developers, bankroll backers, referrers, and casino operators acting as referrers will be automatically rewarded for their contributions without a need to trust each other, i.e. bankroll backers and referrals won’t have to trust game providers in order to cooperate.

Further details as to the protocol’s capabilities are described in our whitepaper.

As we’ve already released the MVP for the protocol, which features minimal functionality and several demo games like beta blackjack, dice, and an indie game we called “Hack a DAO”, the product will be available in case of any outcome of the token sale.
Essential Links

Website: https://dao.casino
Prototype: https://platform.dao.casino
GitHub: https://github.com/daocasino
Email: team@dao.casino
White Paper: https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.md
Slack Invite: https://dao.casino/slack-invite.html
Facebook: https://www.facebook.com/Dao.casino/
Twitter: https://twitter.com/daocasino
Blog: https://medium.com/@dao.casino/
YouTube: https://www.youtube.com/channel/UCkggi9VnPJ0qUzfj7h70-pQ

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June 25, 2017, 09:20:52 PM
 #164

 did apply for translating to italian when we will get an aswer if you have to start to arrange ours thread? thanks

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June 27, 2017, 05:18:35 PM
 #165

Less than 48 hours left for the beginning of DAO.Casino ICO !

ICO here: https://dao.casino/

Bruce Elliott and Eric Benz have been presented as project advisors.

https://medium.com/@dao.casino/dao-casino-presents-project-advisers-bruce-elliott-and-eric-benz-c867fab25b0f
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June 27, 2017, 07:32:11 PM
 #166

An example of cheating that is not possible with provably fair games
https://youtu.be/NN5a0-WBOxc

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June 28, 2017, 06:40:33 PM
 #167

hi all !! beware !! this guys try to scam people here. check out : https://bitcointalk.org/index.php?topic=1991024.0
official site DAO.casino - BET token : https://dao.casino

not https://daocasino.org

token sale not start yet.. 18 hours left !!

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June 28, 2017, 10:52:42 PM
 #168

Tutorial - How to participate in DAO.Casino Token Sale
- use Mist wallet
- use MyEtherWallet
- use Metamask
- use Parity

Details : https://medium.com/@dao.casino/how-to-participate-in-dao-casino-token-sale-tutorial-25a8621d5db0

Prohibited actions
2. DO NOT TRUST to any resources and websites, except official website of DAO.Casino — https://dao.casino/
2. DO NOT SEND ETH from exchanges like Coinbase, Poloniex, Kraken, etc
3. DO NOT USE Jaxx
4. DO NOT USE Multi-Signature wallets

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June 29, 2017, 02:30:43 AM
 #169

Keep up the good work, im looking forward for the success of this project!
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June 29, 2017, 05:11:29 AM
 #170

So, the maximum cap for our crowdfunding campaign will be $15,000,000
Keep in touch

so your maximum cap is 25.000.000 USD now, Are you kidding me?
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June 29, 2017, 09:48:32 AM
 #171

someone explain to me what is there to invest? they have nothing but a plan to create new games and useless pseudo-platform!
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June 29, 2017, 09:55:01 AM
 #172

                                    DAO.Casino ICO added - ICOTRACKER.NET https://icotracker.net/project/dao_casino 
                                                       https://twitter.com/Kaznachej123/status/880363092819030017

             
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June 29, 2017, 09:59:57 AM
 #173

in order to create a beautiful website doesn't need to be talented!
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June 29, 2017, 01:46:26 PM
 #174

That last minute cash grab must have put off many people.  Now they can barely even raise the 15 mil.  Grin
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June 29, 2017, 02:52:46 PM
 #175

$10M in 2 hours.

I guess ICO will be over soon.
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June 29, 2017, 02:53:51 PM
 #176

$10M in 2 hours.

I guess ICO will be over soon.

If you don't count that the token sales slowed to a crawl.  They should have stuck with the 15 mil cap.  Doubt that will hit now lol.
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June 29, 2017, 03:37:46 PM
 #177

$10M in 2 hours.

I guess ICO will be over soon.

If you don't count that the token sales slowed to a crawl.  They should have stuck with the 15 mil cap.  Doubt that will hit now lol.

How much they got in presale?

I've seen ICO's increasing amount becuse of latest crypto market crash.

Make sense.
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June 29, 2017, 03:46:36 PM
 #178

I am little baffled by the below answer on their FAQ section .. Does it mean the BET tokens would not ever get listed on any  exchange ? If so, what is the incentive for investors to buy their tokens ?  

I am confident that the tokens if listed on the exchange would definitely go over the ICO price (roughly $0.15 assuming they do $25m) , but if they are not even listing on any exchanges sooner, then i am not feeling great why I should invest on them now ..

Can someone please explain about this ?

>>>>>Would BET be listed on exchanges, if yes which ones ?
BET is a functional token that is intended to circulate within DAO.Casino reward system and to be used as an ingame currency in the games integrated with the system. Whether BET will be listed on exchanges depends on exchanges themselves. Most token exchanges have a token request form and you can ask whether your token exchange platform of choice is planning to list a particular token.
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June 29, 2017, 04:15:43 PM
 #179

How to add BET to Myetherwallet.com
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June 29, 2017, 04:58:41 PM
 #180

How to add BET to Myetherwallet.com
I think, instructions will be after ico finished
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