PolyCash is an open source app for peer to peer currencies and betting. For more information, please read
our whitepaper or visit
our website or
our blog.
In PolyCash games, players contribute dollars, bitcoins, ether or other currencies to escrow. Once the game starts, the in-game currency inflates rapidly and players compete to win coins by betting on events. When the game finishes, the money in escrow is divided up and given back to the players based on their final in-game balances.
We have been working on this project since 2015 and are proud to announce that we are finally ready to start running games for real money. But we don’t expect you to put your bitcoins into something that you don’t fully understand. To get this project started, we have created a promotional currency called “stakes.” Right now, we are giving out 1000 stakes every week to everyone who signs up. That’s right, you can start receiving 1000 stakes every week just for signing up. You’re probably wondering: are stakes worth anything? Currently stakes are not listed on any exchange and there’s no exchange rate for converting stakes to bitcoins. But we do plan to launch a valuable currency someday based on this technology, and when we do that, your stakes will convert to that currency at some exchange rate. You may not receive too much money when that happens though. Keep in mind that we can’t give away too much equity in this project for free without taking away value from our paying investors. Please use your stakes to gain understanding and to test out this project rather than hoarding them for their value.
PolyCash is a robot friendly protocol. That means that you can either:
• Log in occasionally and bet manually on your favorite teams.
• Connect your coins to an algorithm which will automatically bet for you every day.
If you hold your coins and don’t bet at all, you’ll lose out in the long run due to inflation. We’ve found that requiring players to log in and bet is too much to ask. Therefore, during these promotional games, we may automatically assign you an algorithmic strategy which will automatically bet for you a couple of times a day. You’ll receive an email every day showing how many bets you won, how many you lost, and your net performance for the day. You can log in at any time and change to another strategy. Better yet, write your own betting algorithm and allow other players to use it or keep it for yourself.
Since promotional stakes may have value someday, we ask that you please only create a single user account. If we find that you’ve been creating multiple accounts, we may delete any duplicate accounts and destroy the associated coins for the sake of fairness. So that we can contact you and to prevent duplicate accounts, please enter an email address when signing up. Please share your questions and comments below in this thread. To get started, please visit
https://poly.cash, join one of our weekly eSports games, and start betting. Or check out our
source code on GitHub.
A screenshot of the PolyCash betting interface.
Join today & receive 10,000 betcoins (1000 stakes).
