[ANN] [PRE-ICO] [PRODUCTS ✅] EtherAce Decentralized Asset Speculation Platform

[Met Johnson]

To play on your platform, do I need an ether or your tokens?

What is the ACED token used for?

Holders of the ACED token can use it in many different ways. They can vote on different features, rules, fee rates and much more to influence how the platform is developed. They can hold ACED token on the platform to unlock special features on a tiering system based on how much ACED they hold or use ACED to access lower fees on the platform. They can also choose to hold ACED and receive quarterly dividends derived from 100% of the platform profit from user fees on our derivatives market or chance game suite or what the 'house' edge makes in our chance game suite.

ETH to play.

Thank you for your kind response.

[JanEmil]

Very good responsiveness of the thread administrator, I hope other channels are served at the same level

We try our best. We have support from many countries but the crypto world are always awake. So a little delay can come. But you will always get reply.

[EtherAce]

The anonymity of the project solves the problem of the platform in many countries, but the problem with advertising the product remains, do you have any ideas how to cope with this?

Hey vladimir54,

Good question. We do not believe advertising the platform will be an issue at all. To run advertisements and marketing the team does not need to be known! All that is needed is the funding to do so, which will be provided by the ICO sale, and a great platform, provided by the funding + the team skill.

The team is not being advertised or marketed, the actual platform is. Many projects in this area creators remain anonymous due to reasons discussed earlier. At the point of marketing nobody will have concern for who the team is, just the product they offer!

We will be advertising through different strategies such as referrals to spread the word through out the community, and traditional means to attract attention of different potential users and build up our following! If you need more details please ask!

[EtherAce]

Does the team have experience in this area?

Hey Btcmnr,

Yes the team has experience developing blockchain applications and previous careers in financial market enterprise-level application software. Our advisors have experience in building a derivatives market themselves, though not decentralized, they know the mechanics to build a derivatives market that is successful!

Good! I hope this experience will allow you to succeed

Yes, it will and is already being proven. Now we need a community to help support the project which we hope you will join !

[EtherAce]

To play on your platform, do I need an ether or your tokens?

Hey Met Johnson,

To play or bet/trade on our platform you require ETH. You do not require ACED token, but ACED token can be used to access special features such as discounted fees which can be handy  .

Thanks, let us know if you have any other questions !

[EggieR]

How will your token be used? And which platforms are you planning to run your project on? Desktop, mobile etc?

Hey Vojdel,

Our ACED (ACE Dividends) token will have many different functionalities.

Holders of our ACED token will receive 100% of the profit the platform earns through service fees from our derivatives market and what the house 'edge' earns and service fees in our chance game suite. This strategy was chosen because of the success exchanges like Binance (BNB) and Kucoin (KCS) had using it where users of the platform get rewarded for all the volume on it. It helps attract volume and liquidity, which in turn helps attract new users, and the cycle continues.

ACED tokens can also be used on our platform for different special features such as reduced fees. This is once again similar to what Binance does, cutting user fees by 50% if they use BNB on the platform. This also helps incentive to buy ACED token because there is a great use of it.

Holders of the ACED token will be able to vote on features, ideas, and strategy on what they wish the EtherAce Team to implement or change.

We are building our platform to run on all devices; desktop, mobile, tablet etc. Originally the platform is built for desktop and laptops screen sizes. We've built it with Bootstrap technology to make it responsive so it can still be used on mobile devices, just not optimized. Past Q1 2019 we plan to develop an app to use it on mobile devices as well!

Any other questions or clarification please ask!

I hope you know that creating an ios app will be problematic due to Apple's policy on crypto-oriented applications ... If you did not know then I hope my warning helped you)

[EtherAce]

What is oraclize?

Oraclize is something known as an oracle. You tell an oracle information you require and they go and get it for you. The way the Ethereum EVM and blockchain are designed, you or your smart contracts can't get information yourself, because it is a closed system. This is how the EVM (Ethereum Virtual Machine) can validate every transaction, because there is no outside un-trusted information coming in.

Oraclize is a provably-honest Oracle system that we use to get information while on the blockchain. Currently either the randomly generated number or different prices of assets.

Hopefully this makes sense ! If not feel free to ask for confirmation.

[EtherAce]

Very good responsiveness of the thread administrator, I hope other channels are served at the same level

Thanks Ivakimos,

Yes they are, join them and you'll find the team is extremely responsive!

[DimLeg]

Do you have any preferences about exchanges? Or do you plan to make an application based on the market situation at the end of the sale?

[EtherAce]

ERC20 type of the token means that I can store them on the MEW?

Yes. And after ICO exchanges will come.

But I see that to use dapp you need a connection with metamask

Yes, either MetaMask or use the Ethereum Mist browser. We suggest MetaMask because it is much more convenient and easy to use. It takes less then a minute to set up.

You're earlier question suggests you have MEW. You can import and use your MEW account on MetaMask in the 1-minute set-up process!

Think of exchanges, or any other markets, they all have some or multiple wallets you need to store your tokens in. This is what MetaMask does for dApps! What it actually does it connect your device to the Ethereum blockchain but you don't need to think of it like that.

[alexgold]

How can a player be sure of the integrity of the platform? And how is the platform protected from the player's atrocities?

[Commivan]

This project can have great prospects if the team will follow the same course. I think they have chosen the right direction

[Androponik]

Are there similar projects on the market? Possible competitors or partners?

[EtherAce]

Do you have any preferences about exchanges? Or do you plan to make an application based on the market situation at the end of the sale?

Hey DimLeg,

In terms of preference, we are aiming to get on a few smaller different ones to provide options to investors wishing to buy in, but we also want at least one medium size exchange so the volume and liquidity is available for our ACED token.

We'd like to get on a quality decentralized exchange such as IDEX, but talks or applications to IDEX can't be made until after the ICO sale and the community builds for them accept us. We want to be on a DEX because it supports the direction of our platform (decentralized).

We also are reaching out to different exchanges now, and in the future, for partnerships. We are not an exchange, we are a derivatives market so we are not competition, we can easily compliment an exchanges service and they can benefit from ours. These partnerships will also help us decide where we will be listing!

Hopefully this answered your question!

[EtherAce]

How can a player be sure of the integrity of the platform? And how is the platform protected from the player's atrocities?

Hey alexgold,

The platform logic that handles value and decides who wins is open-source and in smart contracts on the Ethereum blockchain. This means any participant can be 100% confident in how the platform is acting honestly.

The platform has different fallbacks and safeties built into it to avoid manipulation on the participants part.

Let me know if this makes sense !

[EtherAce]

This project can have great prospects if the team will follow the same course. I think they have chosen the right direction

Thanks Commivan,

We will continue to follow the same course. We appreciate your support and welcome you into our community!

[kalehon]

It looks interesting and will continue this project. I hope to develop further and look forward to more updates!

[EtherAce]

How will your token be used? And which platforms are you planning to run your project on? Desktop, mobile etc?

Hey Vojdel,

Our ACED (ACE Dividends) token will have many different functionalities.

Holders of our ACED token will receive 100% of the profit the platform earns through service fees from our derivatives market and what the house 'edge' earns and service fees in our chance game suite. This strategy was chosen because of the success exchanges like Binance (BNB) and Kucoin (KCS) had using it where users of the platform get rewarded for all the volume on it. It helps attract volume and liquidity, which in turn helps attract new users, and the cycle continues.

ACED tokens can also be used on our platform for different special features such as reduced fees. This is once again similar to what Binance does, cutting user fees by 50% if they use BNB on the platform. This also helps incentive to buy ACED token because there is a great use of it.

Holders of the ACED token will be able to vote on features, ideas, and strategy on what they wish the EtherAce Team to implement or change.

We are building our platform to run on all devices; desktop, mobile, tablet etc. Originally the platform is built for desktop and laptops screen sizes. We've built it with Bootstrap technology to make it responsive so it can still be used on mobile devices, just not optimized. Past Q1 2019 we plan to develop an app to use it on mobile devices as well!

Any other questions or clarification please ask!

I hope you know that creating an ios app will be problematic due to Apple's policy on crypto-oriented applications ... If you did not know then I hope my warning helped you)

Hey EggieR,

Thanks for your concern ! However Apple's policy against crypto-oriented applications is for cryptocurrency mining. We do not do any mining so an iOS app for our platform will be completely fine!

[EtherAce]

Are there similar projects on the market? Possible competitors or partners?

There is nothing quite like the EtherAce Platform as a whole. The gambling sector of the platform there are existing decentralized sites that offer similar functionality.

However there are no decentralized derivative markets. Bitmex, a centralized crypto derivatives platform is our main competitor. Our system design has different advantages over them, mainly the blockchain benefits. Other then Bitmex there is not much else competition, we offer a completely unique product and new market instrument, something unique. We also offer derivatives support for traditional assets such as gold or oil to target the world outside of the cryptocurrency sector. We've come out with our first derivatives contract, Over/Under, an EtherAce innovation, it is unique and nothing like anything existing today! https://ou-contract.etherace.io

However there are many potential partners, more for our derivatives market then the gambling section of our platform. Partnerships with exchanges, projects such as dXdY (a decentralized derivative trading protocol for ERC20 tokens), 0x, any protocol or project that would help our derivatives market or gambling games functionality or attract users and volume. Also any other decentralized applications are valid, we are a dApp, we aim to be a big one, and we want to support/connect with other dApps. We mention a few other dApps in our whitepaper we respect. We have an exciting future when it comes to partnerships! We are already out discussing with other projects devs, looking at their timelines of work completion, understanding how their projects could help ours vice versa.

[Kurrie]

Are there similar projects on the market? Possible competitors or partners?

There is nothing quite like the EtherAce Platform as a whole. The gambling sector of the platform there are existing decentralized sites that offer similar functionality.

However there are no decentralized derivative markets. Bitmex, a centralized crypto derivatives platform is our main competitor. Our system design has different advantages over them, mainly the blockchain benefits. Other then Bitmex there is not much else competition, we offer a completely unique product and new market instrument. We also offer derivatives support for traditional assets such as gold or oil to target the world outside of the cryptocurrency sector.

However there are many potential partners, more for our derivatives market then the gambling section of our platform. Partnerships with exchanges, projects such as dXdY, 0x, and any other decentralized application are valid. We have an exciting future when it comes to partnerships!

Interesting! A very precise and clear answer, I see that the team has a high level of preparation, this is promising