[ANN] BitDice - Join The ICO Of The Biggest Crowdfunded Casino With 2300Ƀ PROFIT

[coin_1122]

It was very good to join in this ICO promotion participants because they are dealing Casino for more than a year. They never missed any withdrawal because people are very happy with this Casino Website and Now entering into Crypto market. I wish all the best for the ICO.

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[erikalui]

Hindi ANN Translation complete: https://bitcointalk.org/index.php?topic=2036843.new#new

[dogedice.me]

Our Second Blog Post:

Exposure to CSNO token: everything you need to know about it.


This post extends over BitDice Casino’s token structure, its applicability, and derivative implication.

Many of our users and bankroll investors have to deal with different cryptocurrency names when they interact with BitDice Casino. All of you, certainly, have preferences to what cryptocurrency to stick to while committing your coins to bankroll. The idea is here straightforward — you want to capitalize on your bankroll investments in couple with a long-term appreciation of invested currency against fiat.

With introduction of CSNO token, many have raised questions attempting to understand how their CSNO exposure will do after converting to the new business model.
Below we illustrate in detail how your exposure will change from the moment of converting your cryptocurrency into the token, and up to the moment of receiving your dividend share.

Converting to CSNO during the course of the ICO campaign:
Once you made up your mind to participate in BitDice Casino’s ICO, you will get the option to contribute BTC, LTC, ETH or DOGE to the specified wallet addresses. For the sake of simplicity, let us assume you decided to buy Tokens for bitcoins and you contributed 100 BTC to do that.

From the moment you sent your 100 BTC to the corresponding address, you will be waiting for the ICO campaign to end in order to get your exact allocation of CSNO tokens. Assume by the end of the ICO all wallets will show balances:



To get the sense of how much we raised in USD total, we get the equivalent of those amounts in USD value at the cut-off moment.

Let us further assume that at the cut-off moment, we determine:



Effectively, in USD value we get these figures:



Given this distribution of wallets, we are able to calculate exact ratio of each contributed wallet:



As a result, your 100 BTC contribution will account for 100/3000*0,417*0,68 = 0,009452 or 0,9452% share of outstanding tokens or 945 200 CSNO tokens.



BitDice Casino’s Performance

After the ICO is over and all the participants have received their tokens, BitDice will shift its focus back to operations in fulfilling the objectives set out before. Periodically, we will publish updates about reaching certain milestones and will announce important news.
 
Each quarter BitDice will declare profit sharing for the accounting period. It will combine all the revenue-generating channels, i.e. all the games played in different cryptocurrencies as well as those played with fiat currencies when the integration of a licensed arm of the BitDice Casino is successfully finished.

In simple terms, the revenue base of the BitDice Casino will be diverse, which should be a good thing for players seeking diversification of revenue streams. Instead of being exposed to one single currency, the profit sharing will come from different sources and different currencies.

At the end of each quarter, we will sum up profits from all the channels and convert them into ETH for further profit sharing distribution via the Ethereum Smart Contract.

To illustrate how normally dividend sharing will work, let us assume that BitDice Casino has earned net quarterly profits in the following currencies:



Let us further assume that at the end of the quarter we determine that:



Effectively, in USD value the profit will be look as:



The investor who contributed 100 BTC and possesses 945 200 CSNO tokens will effectively receive 160,99 ETH for his entire CSNO holding.

One should note that the exposure to ETH as a currency of dividend distribution is very short-term. Once the dividend payment has landed onto your ETH wallet, you have the freedom to manage your ETH exposure the way you like it.

It is expected that with time the source of the revenue and hence profit will get more diversified as more games with different currencies will be added.

Website: https://ico.bitdice.me
Casino: https://www.bitdice.me
Prospectus: https://ico.bitdice.me/prospectus_en.pdf
Slack Invite: https://slack.bitdice.me
Twitter: https://twitter.com/bitdice
Email: contact@bitdice.me


Regards,
Alex.

[dashingriddler]

I do like this ICO the best because it is very through with its details on how the process will go through during the different stages.
And to have pie charts dont hurt at all.

Very well done and thought out ICO I must say.

[Polar91]

It is amazing that this ICO project do really have a great amount allocation that will not just beneficial for the owners but also to the partner investors that will surely support this. A way to see casino tokens on the other side of looking on it. Also it is well presented to see the part by part distribution on how this will work.

[jerald125]

It is amazing that this ICO project do really have a great amount allocation that will not just beneficial for the owners but also to the partner investors that will surely support this. A way to see casino tokens on the other side of looking on it. Also it is well presented to see the part by part distribution on how this will work.

is it possible to invest in doge coins or just eth? Thanks in advance for your answer.

[Convery]

This looks like a nice project much like edgeless it has some potential .

[CasinoBetGame]

why create token not use ERC 20
i think if use ERC23 is very dificult can added to bittrex, same accident MGO token

[DarkIT]

A successful casino running for years is going to share 70% of profit with their tokens holders is great deal. The raised money through ICO will be used expand the business. It should a successful crowdfunding campaign by achieving the maximum target in shortest possible time period.

I hope it so . Bitdice is already known to many people, so I don't think it's hard for developers to raise as much money as possible maybe its easy. I hope ICO runs so quickly.

[legendbtc]

Very good explanation to people who are looking to invest in BitDice Casino. I hope BitDice can easily gain the investment because already they proved themselves by serving the people for more than a year now. These people have a strong foundation in this industry.

[Fappanu]

Very good concept in gambling. I think this will be the no# 1 online casino in the next few years.
There are many gamblers read this thread and I'm preetysure once the project done. Many gamblers will be switch here.

[fast2fix]

It is amazing that this ICO project do really have a great amount allocation that will not just beneficial for the owners but also to the partner investors that will surely support this. A way to see casino tokens on the other side of looking on it. Also it is well presented to see the part by part distribution on how this will work.

is it possible to invest in doge coins or just eth? Thanks in advance for your answer.

you can invest doge coins, this is not eth only ico. you can invest with 4 different coins, btc,ltc,eth and doge.

[Proximity Scan]

Project has been well promoted, looking into it.

Good luck with the sale and continued success.

I'm with you and really liked this bitdice project. I wanted to make some investment in casino project but I missed previous ones. So I'll be in for bitdice and support it.

[ubeng07]

I do like this ICO the best because it is very through with its details on how the process will go through during the different stages.
And to have pie charts dont hurt at all.

Very well done and thought out ICO I must say.

Yes it is what a greatful details about this ICO i must say that this is such a good ICO since this is my first campaign hope it will be good to me.

[Avirunes]

why create token not use ERC 20
i think if use ERC23 is very dificult can added to bittrex, same accident MGO token

Dogedice.me already provided a very good explanation on this in one of the earlier pages.

Yeah, sorry for a type, it's ERC223.

The difference between ERC20 and ERC223 is that:

• With ERC20 you could send other ERC20 tokens to contract and they would be lost. It has been fixed with ERC223
• Gas fee on the ERC223 is twice less comparing to ERC20
• ERC223 also backward compatible with ERC20 tokens.

Regards,
Alex

But bittrex not compaitibile with erc223.

Yeah, we are aware of this problem. We have almost two months for them to support this format. We remain the right to downgrade to ERC20 in case we will see low adoption among exchanges closer to the distribution date.

Regards,
Alex.

Main aim of his is to give out token with good features and with less flaws. Clearly states that they have plan to downgrade if ERC223 is not accepted on wide basis which is fair from the investors point of view as well.

[abonarea]

This looks like a nice project much like edgeless it has some potential .

It is more advanced and already is in profit. It is successfully working casino which is running ICO to expand the bankroll and features to provide its players more features and variety. Bitdice is big name in gambling industry and that is the reason everyone is looking forward to see it finishing successfully.

[btclobese]

the idea is very cool , trun to fait market  is correct choose and will let bitdice more competitiveness

[btc.tokin]

The project is interested and I am waiting for good things to grow up sustainable. 

[GoldDuck18]

A successful casino running for years is going to share 70% of profit with their tokens holders is great deal. The raised money through ICO will be used expand the business. It should a successful crowdfunding campaign by achieving the maximum target in shortest possible time period.

The casino always brought profit. People like to try their luck. Reviews about the company are good. Investors can invest a large amount of money at once.

[Bolopecah]

I see this first and if success is sure many imitate it, a good idea dev