🔥🔥Phreess Games: Flip-A-Coin💰Negative House Edge🏠Quantum RNG🚀Provably Fair

[phreess]

Website: https://phreess.com/games/flip-a-coin

Telegram Group: https://t.me/PhreessCommunity
Support Telegram: https://t.me/Phreess
Support Email: support@phreess.com

Welcome to the First Phreess Game, Flip-A-Coin!

The first ever online games with a Negative House Edge! (-1%)

That means that our players are guaranteed to WIN Phreess tokens in the long term!

Why would we create a Negative House Edge casino? Are we nuts?

No, of course not!

We believe that creating great games where people win are a GREAT way to incentivize the use of the Phreess token as well as to make people earn Phreess tokens!


What's Phreess?


Phreess is the first self-appreciating token in the cryptocurrency world!

You can check more details at the ANN Thread: https://bitcointalk.org/index.php?topic=5283712.0


What are the Phreess Games?


The Phreess Games are one of the ways that people can earn Phreess Tokens and also, are a great way to incentivize their use!

We decided that there will be 3 ways people can acquire Phreess tokens:

1. Purchase them - People can directly purchase them on https://phreess.com/buy-tokens

2. Phreess Games - Win Phreess playing our Negative House Edge games!

3. Bounties - You can join our bounties (coming soon!) to earn Phreess tokens!


Flip-A-Coin - Our first Phreess Game!

Easy game! 50% chance to win or lose!

Simply choose which side (heads or tails) will win and if it's correct, you win 2.02x your bet!

If you choose wrong, you lose your bet.

Minimum Bet: 1 Phreess (0.00000300 BTC as of Nov 4, 2020)
Maximum Bet: 50,000 Phreess (0.150000 BTC as of Nov 4, 2020)

Quantum (True) Random Number Generator

That's right! We are done with Pseudo random number generators and we are the first Phreess Casino to use the Quantum RNG.

Essentially, pseudo rngs could be predicted or manipulated in order to predict or get an exact result, but with the QRNG, predicting or manipulating results are a thing of the past.

If you would like to read a thorough technical explanation on how the Quantum or True RNG works, please read the following papers from the Australian National University:


Maximization of Extractable Randomness in a Quantum Random-Number Generator
Link: https://www.researchgate.net/publication/268451821_Maximization_of_Extractable_Randomness_in_a_Quantum_Random-Number_Generator

Real time demonstration of high bitrate quantum random number generation with coherent laser light
Link: https://www.researchgate.net/publication/224241005_Real_time_demonstration_of_high_bitrate_quantum_random_number_generation_with_coherent_laser_light


The Quantum (True) Random Number Generator is the true way to play crypto games and extremely useful in Provably Fair systems.


Provably Fair



Our Provably Fair system differs from our competition, so we will go step by step on how it works.

Step #1: Generating 25 Quantum (True) Random Numbers
You may want to read about about Quantum Number Generators from ANU.
Once the 25 numbers from 0 through 65535 are generated, that can repeat, we concatenate them with dots in between, like:

Code:

4612.56796.56262.50377.50950.53878.15230.8738.37606.58254.62859.40145.44522.15896.55481.49730.46832.32170.29576.55493.30958.12332.9270.59270.24155

Step #2: We get a SHA-256 hash from the string of 25 concatenated numbers
Hash:

Code:

78bca28f0c052d60277bf82cb48757c4cab5e1e9220b3b8809f7f520eeba3303

Step #3: Server Hash
The Server Hash is the Hash of the String of Step #1 concatenated with the Hash of Step #2 with a dot in the middle, like:

Code:

4612.56796.56262.50377.50950.53878.15230.8738.37606.58254.62859.40145.44522.15896.55481.49730.46832.32170.29576.55493.30958.12332.9270.59270.24155.78bca28f0c052d60277bf82cb48757c4cab5e1e9220b3b8809f7f520eeba3303

Server Hash: (Publicly shown BEFORE the Client Seed is received)

Code:

b884a851fc7533fb24510f0e4047e21950d974bfd16482222341084bfa4e9dbb

Step #4: Receiving the Client Seed
Once the user makes a decision of Heads or Tails, we receive it's client seed, which can be modified BEFORE the user chooses Heads or Tails.

Code:

ClientSeedExampleJustForLOLs

Then we hash the client seed:

Code:

a4baaafef46bafa59238ae52d6f1f91ef0cc7476ec0973a7a87fccda15305f7b

Step #5: The Final String and Getting the result
For the final step, we concatenate the string from Step #1 with it's sha-256 hash with the client seed and it's hash, all concatenated with a dot, like:

Code:

[Step #1].[Hash Step #1].[Client Seed].[Hash Client Seed]

The Final String for this example would look like:

Code:

4612.56796.56262.50377.50950.53878.15230.8738.37606.58254.62859.40145.44522.15896.55481.49730.46832.32170.29576.55493.30958.12332.9270.59270.24155.78bca28f0c052d60277bf82cb48757c4cab5e1e9220b3b8809f7f520eeba3303.ClientSeedExampleJustForLOLs.a4baaafef46bafa59238ae52d6f1f91ef0cc7476ec0973a7a87fccda15305f7b

Then, the Hash of the Final String:

Code:

7758f293810a3c475471032584ff9366333ef4321cb3c19c8360ba168c576102

From that final hash we take the first FOUR characters, which are '7758' in hexadecimal, then we transform them to decimal, from hex, that is 30,552 in decimal.

So, if the user chose HEADS, he would be a winner if the first Four characters were between 0 and 32767 (included 0 and 32767) in decimal, and if the user chose TAILS, he would be a winner if the first FOUR characters were between 32768 and 65535 (32768 and 65535 included).



Deposit Options


Right now we accept BTC, ETH and Phreess for deposit options.

To deposit BTC or ETH, please register or log in and then go to the Deposit section of the Cashier, where you will see two addresses, one for BTC and one for ETH. You can deposit to either or both addresses and once the payment(s) is confirmed, we will change it to Phreess according to the live price data on the site and credit your account.

If you want to deposit Phreess or other cryptocurrency, please contact support through email: support@phreess.com or telegram: https://t.me/Phreess

Minimum deposit: No minimum.


Withdrawal Options


For the moment, we are only doing withdrawals in Phreess, so you will need an ETH address to withdraw.

There are no requirements to deposit nor withdraw.

Minimum withdrawal amount is 33.33 Phreess (0.0001 BTC)


NO KYC



We believe in keeping our users privacy intact and we contribute to it by NOT asking for any documents as the cryptocurrency world is decentralized and should be kept private.

So no, we will NEVER ask for any documents whatsoever.

Though, if you lose access to your account and don't used a fake email to register, you will have to provide the latest account activity, such as bets, bet amounts, deposits in order to confirm you created that account.



FREE Phreess Promotion!

Get 100 Phreess for free!!

Requirements:

1. Join our Telegram Community: https://t.me/PhreessCommunity

2. Follow us on Twitter: https://twitter.com/PhreessCom

3. Register on the Flip-A-Coin site: https://phreess.com/games/flip-a-coin/register

4. Then after doing all that, post in the Telegram group that you followed us on twitter and registered on the site and POST your USERNAME in the Telegram Group to get your free 100 Phreess!


ONLY Valid for the first 15 users!


Deposit Promotions!

The people that register and deposit between today Nov 4th and December 1st 23:59 UTC will receive 20% EXTRA Phreess Tokens to your Phreess Games Account!

No need to contact support as we are actively checking for accounts and we will credit the extra Phreess within 24 hours after deposit is confirmed.

If the deposit is not confirmed, we won't add Phreess to your account.

Valid for the first 3 deposits you make.

Start playing!



Register, Log In and Deposit to start earning Phreess!

Website: https://phreess.com/games/flip-a-coin

[Twinkledoe]

Negative house edge! Yeah, you will be the first one here to have that. 0% HE casinos here received such doubt from the community. How much more if you have negative? What's the catch?

[phreess]

Negative house edge! Yeah, you will be the first one here to have that. 0% HE casinos here received such doubt from the community. How much more if you have negative? What's the catch?

There's no catch. The Negative House Edge will be run until all tokens are sold or won through our games or bounties.

Once all tokens are given/sold, the edge will go back to positive. And once we have enough coins from running the site, the edge will be back to negative to give the tokens to users.

Once the Phreess Exchange is ready, people will be able to trade their tokens over there.

It should be ready no later than March 2021.

Also, there are tons of plans to keep growing this project, so this is just the beginning.

[TimeTeller]

Negative house edge! Yeah, you will be the first one here to have that. 0% HE casinos here received such doubt from the community. How much more if you have negative? What's the catch?

There's no catch. The Negative House Edge will be run until all tokens are sold or won through our games or bounties.

Once all tokens are given/sold, the edge will go back to positive. And once we have enough coins from running the site, the edge will be back to negative to give the tokens to users.

Once the Phreess Exchange is ready, people will be able to trade their tokens over there.

It should be ready no later than March 2021.

Also, there are tons of plans to keep growing this project, so this is just the beginning.

Basically, this negative house edge is because they are buying your phrees token to play.
And because you want to sell it via this game, you made it more attractive to players by providing a negative HE.
Subtle touch but at least you are finding ways how to promote your token by this simple use case.
Unlike other projects that wanted to sell their tokens without any actual app.

[phreess]

Negative house edge! Yeah, you will be the first one here to have that. 0% HE casinos here received such doubt from the community. How much more if you have negative? What's the catch?

There's no catch. The Negative House Edge will be run until all tokens are sold or won through our games or bounties.

Once all tokens are given/sold, the edge will go back to positive. And once we have enough coins from running the site, the edge will be back to negative to give the tokens to users.

Once the Phreess Exchange is ready, people will be able to trade their tokens over there.

It should be ready no later than March 2021.

Also, there are tons of plans to keep growing this project, so this is just the beginning.

Basically, this negative house edge is because they are buying your phrees token to play.
And because you want to sell it via this game, you made it more attractive to players by providing a negative HE.
Subtle touch but at least you are finding ways how to promote your token by this simple use case.
Unlike other projects that wanted to sell their tokens without any actual app.

That's correct! It's all about incentivizing it's use and work on even better games/projects.

There so many other ideas I have in mind that I think people will really love them.

I really know marketing, so I know how to create angles and increase site's audiences

Also, as you said, lots of scam projects just do half-ass their job because they want some quick buck.

I think that one should create a project for the long term, not about taking people's money and run.



EDIT: Also, I know that it can be discouraging at the beginning, seeing little to no action, but hey, everything takes time, specially when people get to notice your project.

That's probably the main reason other projects don't create apps before selling the tokens. I think it goes hand to hand.

[Fatunad]

So as far as i understand each Phreee would cost 300 sats each.So gamblers would need to buy up that coin for them to play and due to negative house edge then it wont really be that hard to make their balance grow.The question is, would this token will really get some value or would be just good to be used into this site alone? Its pretty new because this is my first time on hearing out for a negative house edge type of casino.
A new way on how the team do make out some move to make their tokens to be sold which i do agree on the point had been said above ^.

[phreess]

So as far as i understand each Phreee would cost 300 sats each.So gamblers would need to buy up that coin for them to play and due to negative house edge then it wont really be that hard to make their balance grow.The question is, would this token will really get some value or would be just good to be used into this site alone? Its pretty new because this is my first time on hearing out for a negative house edge type of casino.
A new way on how the team do make out some move to make their tokens to be sold which i do agree on the point had been said above ^.

Right now we are working on making Phreess a great project and great ideas, games and more are on the table.

So, for now, Phreess is at 300 sats, but it will likely grow in value as we are working on engaging our audience through a lot of angles

Right now, the main goal is to get the Phreess Exchange up and ready so that people can trade their tokens over there and keep making more cool games!

The negative house edge aspect of this casino is to incentivize it's use to later be used on shops and whatnot.

At first, a lot of people won't accept Phreess in exchange for stuff online, so one of our projects is to create a Phreess store to start adoption and continue expanding our market share.

Patience is key.

[LimLims]

So is this a Token that having a Game, in order to let users earn token from it or just a game which uses a new token as their game Currency.
Nevertheless thanks for introducing Coin-Flip games.
Many people love here to play Classic games and want to make more money.
If you won't mind, then can you please tell me the max bet or bankroll of the site?
And yes some sort of Promotions, will surely help you to attract more users.

[phreess]

So is this a Token that having a Game, in order to let users earn token from it or just a game which uses a new token as their game Currency.
Nevertheless thanks for introducing Coin-Flip games.
Many people love here to play Classic games and want to make more money.
If you won't mind, then can you please tell me the max bet or bankroll of the site?
And yes some sort of Promotions, will surely help you to attract more users.

Phreess is a erc20 token and the Phreess Games with negative house edge are an incentive to use the Phreess token as well as a way for users to win more Phreess tokens.

the Minimum bet is 1 Phreess (0.00000300 BTC) and the max bet is 50,000 Phreess (0.15 BTC) and the bankroll of the site is 2.3 billion Phreess tokens and the bankroll reduces as people buy tokens and win Phreess on the games.

Yeap, we will be focusing on more promotions in the future

[Strongkored]

I can say that your strategy is quite unique, currently players can only make withdrawals in phreess coin, it will be good if you also mention the exact time or atleast time range when players can exchange phreess to Bitcoin or Altcoin.

[phreess]

I can say that your strategy is quite unique, currently players can only make withdrawals in phreess coin, it will be good if you also mention the exact time or atleast time range when players can exchange phreess to Bitcoin or Altcoin.

Yeah man. I think  its all about being creative when it comes to marketing and create nice incentives for people

When the Phreess Exchange gets released, people will be able to trade their Phreess tokens for whatever they want. Though, the withdrawal options may also change in the future

[nakamura12]

Anyway, once the token have been sold then what will happen to house edge?. As you have stated, negative house edge will run until the tokens are sold or earn through game. Will the house edge change. As how I understand your words, I think negative house edge will stop when the tokens are sold and there will be a new house edge. What will be the next HE?.

[phreess]

Anyway, once the token have been sold then what will happen to house edge?. As you have stated, negative house edge will run until the tokens are sold or earn through game. Will the house edge change. As how I understand your words, I think negative house edge will stop when the tokens are sold and there will be a new house edge. What will be the next HE?.

After all 2,357,111,317 Phreess coins are sold or won, the House Edge will become positive and, once we have enough Phreess coins earned, we will turn the House Edge back to negative to give those tokens back to the community.

And once again after all the coins are given away, we will change the HE back to positive, and that cycle continues until the end of times.

The main reason we are doing a negative house edge is so that people have fun earning the tokens. Though, variance exists, in the long run you will win more tokens.

[codegnome]

What's the point of starting a casino if you have a disadvantage as a casino? Isn't it the intention that a casino always has around 3% advantage?
I can not imagine you do it to give people fun. At the end, you want to make some money. Not to entertain people only.

[phreess]

What's the point of starting a casino if you have a disadvantage as a casino? Isn't it the intention that a casino always has around 3% advantage?
I can not imagine you do it to give people fun. At the end, you want to make some money. Not to entertain people only.

Right, but it's fun to let people win. Once all tokens are sold/won by users, the HE will change to positive and once enough tokens are made, we change the HE back to negative.

I think it's more like a game than a casino.

The main goal is to spread the use of the Phreess token and not really about using the Phreess Games to get people's hard-earned money.

[Oilacris]

What's the point of starting a casino if you have a disadvantage as a casino? Isn't it the intention that a casino always has around 3% advantage?
I can not imagine you do it to give people fun. At the end, you want to make some money. Not to entertain people only.

Right, but it's fun to let people win. Once all tokens are sold/won by users, the HE will change to positive and once enough tokens are made, we change the HE back to negative.

I think it's more like a game than a casino.

The main goal is to spread the use of the Phreess token and not really about using the Phreess Games to get people's hard-earned money.

Not getting peoples hard earned money? On what way? yet you would need to purchase those phreess token before you would able to play and the bitcoin that had been deposit will be converted on
specific number of phreess.Am i right?

I agree on the view about that this isnt something just for giving out some entertainment but rather people do need to buy up coins and play with it and the sad fact that you cant
make out Bitcoin withdrawals and you would end up on getting stucked since phreess isnt traded anywhere.

So why not put up an option for btc withdrawal? Sounds dumb right since majority of people will be winning due to negative HE.

[shield132]

To be fair, at some point it really sounds like an innovative method to promote the product, coin in this case. But, I don't think that you'll really achieve any success that way. First of all it has no design, no promotions, none thing that online casinos carry, not a place of entertainment and excitement, right? You may also know that people love automated profit, so I think a lot of people will just run bots or scripts in browser to automate the process of winning.
At first, think about UI/UX, it's very necessary and there is a reason people spend so much money around it. Great UI means a lot!

[phreess]

What's the point of starting a casino if you have a disadvantage as a casino? Isn't it the intention that a casino always has around 3% advantage?
I can not imagine you do it to give people fun. At the end, you want to make some money. Not to entertain people only.

Right, but it's fun to let people win. Once all tokens are sold/won by users, the HE will change to positive and once enough tokens are made, we change the HE back to negative.

I think it's more like a game than a casino.

The main goal is to spread the use of the Phreess token and not really about using the Phreess Games to get people's hard-earned money.

Not getting peoples hard earned money? On what way? yet you would need to purchase those phreess token before you would able to play and the bitcoin that had been deposit will be converted on
specific number of phreess.Am i right?

I agree on the view about that this isnt something just for giving out some entertainment but rather people do need to buy up coins and play with it and the sad fact that you cant
make out Bitcoin withdrawals and you would end up on getting stucked since phreess isnt traded anywhere.

So why not put up an option for btc withdrawal? Sounds dumb right since majority of people will be winning due to negative HE.

I totally understand your point, but the Phreess Games' goal is to engage with the community and let them win tokens in a fun way!

Would you sit down at a slots machine knowing you would profit in the long term? Heck yeah! It's fun, it gets under your skin but in the end you profit.

Also, it's a great way to incentivize the use of Phreess as there will be  alot more Games coming soon.

If I wanted to promote bitcoin, i would do it with bitcoin. Sure, I would lose bitcoins, but I would gain engagement, which is the goal of the Phreess Games.

To be fair, at some point it really sounds like an innovative method to promote the product, coin in this case. But, I don't think that you'll really achieve any success that way. First of all it has no design, no promotions, none thing that online casinos carry, not a place of entertainment and excitement, right? You may also know that people love automated profit, so I think a lot of people will just run bots or scripts in browser to automate the process of winning.
At first, think about UI/UX, it's very necessary and there is a reason people spend so much money around it. Great UI means a lot!

Yeah, hehe that UI was chosen due to not be a hassle for our clients and have a great user experience.

Graphics mean nothing without players, and marketing triumphs over looks. Sure, looks enhance the marketing results, but graphics alone won't get you users

[AmoreJaz]

To be fair, at some point it really sounds like an innovative method to promote the product, coin in this case. But, I don't think that you'll really achieve any success that way. First of all it has no design, no promotions, none thing that online casinos carry, not a place of entertainment and excitement, right? You may also know that people love automated profit, so I think a lot of people will just run bots or scripts in browser to automate the process of winning.
At first, think about UI/UX, it's very necessary and there is a reason people spend so much money around it. Great UI means a lot!

another way of selling their tokens via their own games. however, i dont know if this will be a hit.

now, if you will withdraw your phrees tokens after you play, how are you going to withdraw this, in token or in btc/eth, same conversion rate from when you bought it? the reason why you will have internal exchange?
because it doesnt make sense if you withdraw in phrees token. what are you going to do with your tokens? need to launch your exchange as you already launch your gaming platform. without that, i dont think players will be enticed to buy your tokens.

[Mahanton]

To be fair, at some point it really sounds like an innovative method to promote the product, coin in this case. But, I don't think that you'll really achieve any success that way. First of all it has no design, no promotions, none thing that online casinos carry, not a place of entertainment and excitement, right? You may also know that people love automated profit, so I think a lot of people will just run bots or scripts in browser to automate the process of winning.
At first, think about UI/UX, it's very necessary and there is a reason people spend so much money around it. Great UI means a lot!

another way of selling their tokens via their own games. however, i dont know if this will be a hit.

now, if you will withdraw your phrees tokens after you play, how are you going to withdraw this, in token or in btc/eth, same conversion rate from when you bought it? the reason why you will have internal exchange?
because it doesnt make sense if you withdraw in phrees token. what are you going to do with your tokens? need to launch your exchange as you already launch your gaming platform. without that, i dont think players will be enticed to buy your tokens.

As i have read up above where everything would really be next in line when it comes to exchange but as of this moment it isnt still available
and that what makes people would be really hesitant on buying of their tokens.Okay lets say that they are really able to make some fun aside
on acquiring more tokens but its impossible for someone to consider this one out yet they can anytime deal with those existing gambling sites
which if they would deposit bitcoin then they can withdraw bitcoin unlike this one where you do deposit Bitcoin and receive tokens but you cant withdraw it
back to btc which would be no doubt on how people would react to this one.