Ethorse (OP)
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Ethorse Team
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December 31, 2017, 03:35:45 AM |
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Do you have a chat where I can track your activities?
We are super active in Telegram: https://telegram.me/ethorse
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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Ethorse (OP)
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Ethorse Team
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December 31, 2017, 03:46:57 AM |
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Wouldn't just putting your money on the cryptocurrency that you think will do well be just like betting on it?
Good question. Ethorse provides a betting system widely used in Horse Betting - "Parimutuel Betting". With this, if your coin wins by having even a slightly higher price increase %, you win the entire pool from everyone who bet on other coins. Eg: If everyone is betting on BTC or ETH, let's assume 100 ETH, and you are the only one to bet on LTC which later becomes a winner, then you get 100 ETH from the others even if you wagered only 0.1ETH. Huge in comparison to buying from exchanges. This is where the Pay-off odds come into play. Hopefully, this explains the huge potential of Ethorse in comparison to using the Exchanges. And the beauty is there is no central party running these races, announcing the winner and issuing the payout. It's all done by smart contracts without any external control.
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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scam confirmed
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January 01, 2018, 07:13:25 PM |
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This is very well written. I'm not sure how the decentralization part works. Where is your platform hosted? On Ethereum Blockchain. So, tiny portions of the platform are hosted on each node in the eth blockchain? If you are asking about the frontend, it's hosted on Github. If you are asking about the backend, it's a smart contract that lives/verified on all the nodes syncing with Ethereum Blockchain. I recommend reading our Whitepaper for a detailed explanation of the Architecture, workflow and implementation. I was referring to the backend, thanks. Will your platform be able to work without github since the frontend is hosted there?
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okspam
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Merit: 10
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January 01, 2018, 07:44:21 PM |
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Wouldn't just putting your money on the cryptocurrency that you think will do well be just like betting on it?
Good question. Ethorse provides a betting system widely used in Horse Betting - "Parimutuel Betting". With this, if your coin wins by having even a slightly higher price increase %, you win the entire pool from everyone who bet on other coins. Eg: If everyone is betting on BTC or ETH, let's assume 100 ETH, and you are the only one to bet on LTC which later becomes a winner, then you get 100 ETH from the others even if you wagered only 0.1ETH. Huge in comparison to buying from exchanges. This is where the Pay-off odds come into play. Hopefully, this explains the huge potential of Ethorse in comparison to using the Exchanges. And the beauty is there is no central party running these races, announcing the winner and issuing the payout. It's all done by smart contracts without any external control. Oh wow, so you could make a lot more money than even a token that moons.
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earthcoin
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January 01, 2018, 07:51:59 PM |
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Perfect. I was afraid you were going to say Slack, lol.
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bit-joker
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January 01, 2018, 08:14:53 PM |
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When can I make actual bets on your platform? I probably won't even invest in the ICO, I just want to get in on the betting action ASAP.
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corleto
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January 01, 2018, 08:37:30 PM |
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I have been waiting for projects like these. Although it is 'funny' (to me) you guys have chosen the horsebetting system. Ok, so I was typing these questions, but instead I decided to un-lazy myself and see if I could find the answers in the WP. And I actually did (lol). Only thing that wasnt really clear to me was the 2 years - each 6 months unlock of the tokens of the team. Project looks very cool. Not sure if 5% takeout will be too much, but even that can be changed. And paying out all profits to token holders as well as already planning to make the tokens useful to bet are all pluses. Might commit a bit, simply because I am so curious if you guys will be able to make this a big success :-)
Good luck!
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Ethorse (OP)
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Ethorse Team
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January 01, 2018, 11:36:41 PM |
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When can I make actual bets on your platform? I probably won't even invest in the ICO, I just want to get in on the betting action ASAP.
You can bet already along with other bettors on Ropsten Testnet. Mainnet release coming soon to bet with real ether.
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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Ethorse (OP)
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Ethorse Team
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January 01, 2018, 11:39:50 PM |
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I have been waiting for projects like these. Although it is 'funny' (to me) you guys have chosen the horsebetting system. Ok, so I was typing these questions, but instead I decided to un-lazy myself and see if I could find the answers in the WP. And I actually did (lol). Only thing that wasnt really clear to me was the 2 years - each 6 months unlock of the tokens of the team. Project looks very cool. Not sure if 5% takeout will be too much, but even that can be changed. And paying out all profits to token holders as well as already planning to make the tokens useful to bet are all pluses. Might commit a bit, simply because I am so curious if you guys will be able to make this a big success :-)
Good luck!
Thanks for your interest and support. Team tokens are locked in a smart contract and will be available to the team in three parts every six months. The first release is 3 months after the crowdsale. We are working hard every day to make Ethorse a great success. The community support is critical and we believe we have a very good support already.
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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Ethorse (OP)
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Ethorse Team
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January 02, 2018, 02:20:41 AM |
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Great project , congrats to all devs, and I hope this project will make it to the top. Let's spread this to every one and let us support so we can make this go along way , any bounty sir?
Thank you. There is a Twitter bounty open now. https://bitcointalk.org/index.php?topic=2609699
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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Ethorse (OP)
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Ethorse Team
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January 02, 2018, 07:00:59 PM |
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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scam confirmed
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January 02, 2018, 07:52:27 PM |
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Nice article, very helpful actually.
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Sword555
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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
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January 02, 2018, 08:12:06 PM |
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Will you guys have merch available eventually? I'd totally wear a plain white T with just that horse head on it lol.
Something to think about after we build a strong userbase. For sure. I think there is good brand potential here. Using Ethorse could make you look cool if we can get the word out about what it is.
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GoBelle
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January 02, 2018, 08:31:07 PM |
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Where is Ethorse based? Or is it completely decentralized?
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deeltje
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January 02, 2018, 08:43:40 PM |
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Have you guys had to amass any debt to make it this far?
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Ethorse (OP)
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Ethorse Team
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January 02, 2018, 10:12:11 PM |
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Where is Ethorse based? Or is it completely decentralized?
Fully decentralized and open source.
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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Ethorse (OP)
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Activity: 80
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Ethorse Team
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January 03, 2018, 06:51:07 AM |
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Have you guys had to amass any debt to make it this far?
Yes, the project has been bootstrapped so far with a lot of hard work and patience. You can see the activity in our Github. https://github.com/ethorse
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ETHORSE - 🔥The World’s first DAPP to bet on the price of Cryptocurrencies🔥 Working DAPP on Ethereum Blockchain. https://ethorse.com
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scam confirmed
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January 03, 2018, 08:04:30 PM |
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Will Ethorse be making profit from day 1?
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GoBelle
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January 03, 2018, 08:32:09 PM |
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Where is Ethorse based? Or is it completely decentralized?
Fully decentralized and open source. That's pretty awesome, so it's not subject to any national regulation?
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