[ANN][ICO] Ethbet: Peer-to-Peer Ethereum-Based Dicing With No House Edge

[irfan_pak10]

**NOTE:I am not the invloved in this project in anyway, they just asked me to post the thread on the behalf of ETHbet. For inquiries and concerns regarding #anything post here or pm to EthBet

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[EthBet]

Thank you for posting this for me.

This is the official Ethbet account, please pm me (not the original poster) if you have any questions about this topic.

[Freaks]

A dice with no house edge you have beta version of this game or this is just an idea till now. Dice is really popular format of betting for blockchain based gambling you will focus only on this game or will expand your services by including other games too?

[blackbold]

nice project sir, i think this project has a good progress because there are many profit inside. no registration, no deposits, nice. 

[Palakka]

How much total supply this ICO. I dont see in OP about that
And how much maximal And minimum target in crowdsale?

[maldini]

A huge bonus to invest in the beginning, but is there a pre-ICO for this project?

[rijaljun]

How much total supply this ICO. I dont see in OP about that
And how much maximal And minimum target in crowdsale?

Based on the website, the total supply will be 50.000.000 EBET with rate 1000 EBET = 1 ETH.

[rijaljun]

Where is the team? There is no team information on your website.
And, could you please explain in short about Inverstor-Diven, how is the voting work?

[ifyousmell]

only dicing? kind of strange if the coin's usage is only limited in that way.

[EthBet]

A dice with no house edge you have beta version of this game or this is just an idea till now. Dice is really popular format of betting for blockchain based gambling you will focus only on this game or will expand your services by including other games too?

We do not have a fully-functioning beta, alhough we are working on one that will be functional however will not take place with smart contracts.

A huge bonus to invest in the beginning, but is there a pre-ICO for this project?

We don't have a pre-ICO period. Although it would be useful to gauge serious investor interest, it may be a more fair option for us to just have a longer crowdsale.

How much total supply this ICO. I dont see in OP about that
And how much maximal And minimum target in crowdsale?

Based on the website, the total supply will be 50.000.000 EBET with rate 1000 EBET = 1 ETH.

50,000,000 is set to be the maximum possible supply. The actual supply will likely be much less than this, depending on how many are purchased during the crowdsale.

Where is the team? There is no team information on your website.
And, could you please explain in short about Inverstor-Diven, how is the voting work?

Voting is a feature that will not be introduced for awhile as it will take a lot of development, testing, and an already-existing healthy community. The theory behind it is that those who have a stake in the platform (token holders) are the ones that will be deciding the direction of the platform, as it should be. So for example, if the team thinks it's a good idea to add another game after dicing, the token holders can vote on if they think that should be done or not, given that they will recieve the rewards or losses as a result of the idea. Your question about the team is partially-addressed in the FAQ section on the website, we will address it further in the future.

only dicing? kind of strange if the coin's usage is only limited in that way.

Yes. There is no reason more games cannot be added later on, but the current goal of this project is to provide the best return possible for those looking to gamble, not to provide a large amount of fun and pretty games.

[nitehawk]

what will be the different from other gambling site in ethereum platform ??
since i know there is a few of gambling site in eth, like ethroll, edgeless

[Bitum]

Who is behind the platform? I have not found anything about the team, who are they?

[EthBet]

what will be the different from other gambling site in ethereum platform ??
since i know there is a few of gambling site in eth, like ethroll, edgeless

This is answerd on our website and in the whitepaper. In most dicing games, players play against the house, and the house takes some profit out of every roll. In Ethbet, players play against each other instead, and thus are able to get a higher return on average.

Who is behind the platform? I have not found anything about the team, who are they?

We have a very small technical team of 2-3 members and many temporary members such as freelancers who are not officially affiliated with the project.. This question is also present in the FAQ section of the website.

[m_nief]

reserving indonesian translation for this thread sir.

https://bitcointalk.org/index.php?topic=2075556
https://bitcointalk.org/index.php?topic=2071201
https://bitcointalk.org/index.php?topic=2119739
https://bitcointalk.org/index.php?topic=2126665
https://bitcointalk.org/index.php?topic=2129078

that's all my previous translation

[Atang Sulaeman]

very good news, waiting for his next info to follow bounty,
hopefully this project runs smoothly,
and definitely waiting for the bounty waiting.

[visionE2]

very nice project. almost all of dice (gambling project) is very promising. waiting for the bounty programs soon.

[rijaljun]

Where is the team? There is no team information on your website.
And, could you please explain in short about Inverstor-Diven, how is the voting work?

Voting is a feature that will not be introduced for awhile as it will take a lot of development, testing, and an already-existing healthy community. The theory behind it is that those who have a stake in the platform (token holders) are the ones that will be deciding the direction of the platform, as it should be. So for example, if the team thinks it's a good idea to add another game after dicing, the token holders can vote on if they think that should be done or not, given that they will recieve the rewards or losses as a result of the idea. Your question about the team is partially-addressed in the FAQ section on the website, we will address it further in the future.

Well great! Quite interesting tho, Im gonna reach the whitepaper ASAP. one more, is this yout second ICO or a different project?

[EthBet]

Where is the team? There is no team information on your website.
And, could you please explain in short about Inverstor-Diven, how is the voting work?

Voting is a feature that will not be introduced for awhile as it will take a lot of development, testing, and an already-existing healthy community. The theory behind it is that those who have a stake in the platform (token holders) are the ones that will be deciding the direction of the platform, as it should be. So for example, if the team thinks it's a good idea to add another game after dicing, the token holders can vote on if they think that should be done or not, given that they will recieve the rewards or losses as a result of the idea. Your question about the team is partially-addressed in the FAQ section on the website, we will address it further in the future.

Well great! Quite interesting tho, Im gonna reach the whitepaper ASAP. one more, is this yout second ICO or a different project?

The whitepaper is intended to be a good technical resource to understand how the project will work and why it has so much potential.
This is the first attempt at launching this project, we have not done any previous ICOs or products. Thank you for the interest.

very nice project. almost all of dice (gambling project) is very promising. waiting for the bounty programs soon.

Thank you, we're very optimistic about this project as long as it receives even mediocre funding.

very good news, waiting for his next info to follow bounty,
hopefully this project runs smoothly,
and definitely waiting for the bounty waiting.

We're planning on running a signature bounty campaign. Are there other types of bounties you would be interested in?


In other news, we have updated the amount of total tokens available, decreasing it by a factor of 5. This will make sure we do not get significantly overfunded and that the final token distribution is much more fair. It is now set to 10,000,000.

[EthBet]

daily bump.

[EthBet]

Will I receive 1000 EBET regardless of the amount of ETH I send to ICO's address? In addition to the signature campaign, are you planning another rewards campaign? Could explain the working mechanics of these 1000 EBET.

Hi, the rate of EBET will be 1500 EBET per ETH that is sent on the first day. This rate decreases over time and a table can be found in the original post or on https://ethbet.io/crowdsale.html. We are able to do other potential reward campaigns however the payout would have to be in EBET instead of BTC. EBET is just the name of the Ethbet token that is sold during the crowdsale.