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Author Topic: [ANN] S P 8 D E - The iGaming DLT with Quantum Randomness at its heart.  (Read 17884 times)
Bitventurer (OP)
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S P 8 D E


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December 28, 2017, 05:53:45 PM
Last edit: December 17, 2019, 01:32:16 PM by Bitventurer
 #1


                        S P 8 D E - blockchain-based platform capable of supplying unbiased public randomness for developing and running distributed casino applications. Spade is designed to suit the purposes of all the actors comprising the online casino landscape and as such represents the new breed of digital institutions, a distributed intermediary.



Distribution
The entire token distribution will be 8,888,888,888 SPX of which 3,655,555,558.4 (41.125%)
will be in the form of token sale and 3,455,555,552 (38.875%) will be given as a jackpot to those who have participated in the “token sale” rounds.

The rest of the tokens 1,777,777,778 (20%) will remain with the team.
Tokens that remain with the team and the Sp8de Foundation might be locked for a period of one year after the ICO.
The SPX ERC-20 token will be distributed to all participants in the ICO after the end of the ICO itself.

Pre ICO Tokens will be called DSPX (for regulation reasons)
ICO Tokens will be called SPX.
After the Tokens will fully distributed all DSPX Tokens will become SPX

Cap
A soft cap of US$4,000,000 (four million) is set and the hard cap is 49,033 ETH.

Timeframe & Schedule
The token distribution begins on Monday, January 08, 2018 and ends on Sunday, March 11, 2018 and is scheduled as in the manner illustrated in Table 4 below. The Pre-Sale lasts for 24 days while each Sale phase will be seven days followed by a Jackpot that is distributed entirely within a single day after every Sale.



Sale Stages & Jackpots
The token distribution will be made in accordance with the following exchange rate of SPX for 1 ETH:


In addition, airdrops in the forms of jackpots will be done as follows. (for detailed description see white paper.





Those participating in the earlier jackpot rounds have small chance of winning large lot, while those participating later on have larger chance of winning, but are rewarded with smaller lots. In addition, earlier contributors participate in more jackpot rounds: e.g. sale I investors try their luck four times, while those entering at sale III can only participate in two jackpots. This shouldn’t discourage late participation: the largest combined pool of prize tokens is played during the fourth jackpot round. For every lot we run a procedure which randomly selects one token out of those already issued. The holder of this token becomes the winner of the lot.
Each token being sold has a specific factor attached to it, the jackpot factor. The likelihood to win a lot is proportional to this factor. Mind, that jackpot factors are ordered: even within one sale round, earlier contribution is rewarded with more ‘powerful’ tokens. The distribution of these factors for every round is shown in the table below.



Tokens Not Sold
The proceeds of the token sales as well as the tokens that remain in possession of the team will be used to promote and develop the project as outlined in the Road Map section of this paper. In the figure below, we show how the proceeds will be utilized. When needed the tokens allocated to the Spade Foundation and the team might be used for further promotion and as part of an incentives scheme.




THE BOUNTIES WILL BE ADDED SOON HERE

SP8DE - The Game of Chance. Changed.
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December 29, 2017, 08:58:35 PM
 #2

sounds interesting, will definitely take a look!

PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0  3F39 FC49 2362 F9B7 0769
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January 01, 2018, 07:14:45 PM
 #3

This is an interesting project. How will it generate revenue? Fees?

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January 01, 2018, 07:46:14 PM
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Let me see if I understand this correctly. Anyone can make betting style games, and host it on your platform with your trusted seal of random generation, and everyone else can play that game on your platform as well?
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January 01, 2018, 07:46:53 PM
 #5

Hey there OP, I just sent you an offer through PM
Hope to be able to help out on this great looking project!
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January 01, 2018, 07:53:09 PM
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How long approximately until the bounty program is up and running?

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January 01, 2018, 08:20:55 PM
 #7

a very interesting project and I will anticipate the progress of the project and hope that this project will hold a bounty so people will know that this project is very promising
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January 01, 2018, 08:22:19 PM
 #8

Will the platform be decentralized?
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January 01, 2018, 08:40:13 PM
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Will the platform be decentralized?

If this is a dApp, count me in.
Bitventurer (OP)
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January 02, 2018, 06:09:34 PM
 #10

This is an interesting project. How will it generate revenue? Fees?

There are two distinct types of players who benefit directly from monetizing the games on the SP8DE platform: the developers and the owners of the tokens for the platform. The developers generate revenues directly from the transaction fees: the better the game, the more popular it becomes, the larger the volumes - bigger fees

The owners of the tokens get rewarded in multiple ways: they benefit from the revenues generated a the transaction fees (although to a much smaller extent than do the actual developers of the DAPPS themselves), they benefit from the token appreciation that is guaranteed assuming the growth of popularity of the SP8DE platform as the supply of these tokens is limited. Finally, everyone holding the tokens of the SP8DE platform benefits from the opportunity to win a regularly played jackpot (or a lottery).

SP8DE - The Game of Chance. Changed.
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January 02, 2018, 08:00:29 PM
 #11

This is an interesting project. How will it generate revenue? Fees?

There are two distinct types of players who benefit directly from monetizing the games on the SP8DE platform: the developers and the owners of the tokens for the platform. The developers generate revenues directly from the transaction fees: the better the game, the more popular it becomes, the larger the volumes - bigger fees

The owners of the tokens get rewarded in multiple ways: they benefit from the revenues generated a the transaction fees (although to a much smaller extent than do the actual developers of the DAPPS themselves), they benefit from the token appreciation that is guaranteed assuming the growth of popularity of the SP8DE platform as the supply of these tokens is limited. Finally, everyone holding the tokens of the SP8DE platform benefits from the opportunity to win a regularly played jackpot (or a lottery).

Thanks for the reply. Is there a minimum you have to hold to be entered into the jackpot? Can you be entered multiple times for having more?

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January 02, 2018, 08:01:16 PM
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Hi there, still waiting for your reply. Many thanks!
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January 02, 2018, 08:04:56 PM
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This is an interesting idea. I think it could focus less on the jackpots and provide a little more information though.
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January 02, 2018, 08:19:53 PM
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What's the bonus on the pre-ICO like?
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January 02, 2018, 08:32:32 PM
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Where are you guys based, or is the platform entirely decentralized?
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January 02, 2018, 08:54:26 PM
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Have you guys had to go into debt to make this platform?
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January 02, 2018, 08:58:02 PM
 #17

Will the platform be decentralized?

Still wondering about this.
Bitventurer (OP)
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S P 8 D E


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January 02, 2018, 09:39:29 PM
 #18

Hey there OP, I just sent you an offer through PM
Hope to be able to help out on this great looking project!

thanks for the offer, we already have partners consulting us in this regard.

SP8DE - The Game of Chance. Changed.
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January 02, 2018, 09:39:58 PM
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Will the platform be decentralized?

Still wondering about this.

100% decentralized brother.

SP8DE - The Game of Chance. Changed.
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January 02, 2018, 09:41:40 PM
 #20

Have you guys had to go into debt to make this platform?

not!

SP8DE - The Game of Chance. Changed.
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