Bitcoin & Crypto & NFT News
Etheroll is an Ethereum-based, provably-fair and transparent dice gaming Dapp that enables individuals to place bets on the result of a 100-sided dice roll with no deposits or sign-ups, using Ether – the 2nd most popular cryptocurrency in the world.
Etheroll is proud to be the world’s first Dapp to bring the traditional dice gaming experience to Ethereum. Using Etheroll’s unique web-based UI, players can set their own odds and percentage chance of winning to be as low as 1% or as high as 98%.
Etheroll’s game code is built entirely on top of the Ethereum blockchain which allows for a level of transparency and accountability that traditional online casinos simply cannot provide.
The decentralized and immutable nature of their smart-contract layer, ensures players will bet in units of Ether with 100% confidence their funds are not being held by a 3rd party subject to the risk of hacks, theft, or misconduct by the Etheroll smart contract. Ethereum smart-contracts provide the strict parameters to which the dice-game must adhere to, meaning once published, the game cannot disobey the instructions written in the smart-contract, or be corrupted by humans.
Etheroll’s smart-contract code exists both everywhere and nowhere at the same time because it exists solely on the Ethereum blockchain and is distributed across thousands of computers around the world. There is no central point of control or single point of failure risk. Smart-contracts have the characteristic of being immutable and will exist in perpetuity, long after the creators have passed.
Players and token holders alike will always be able to interact with the Etheroll smart-contract. Even if Etheroll loses their domain name and hosting forever, users can still play the game, and token holders can still reap their rewards. There is no room for corruption, on either side of the bet and DDOS attacks are a thing of the past thanks to the decentralized nature of smart-contracts.
The Etheroll crowdfund commences February 13th 10:00 UTC and DICE tokens are strictly limited in supply over the 14-day period. Token holders that participate during the first 7 days of receive a significant discount on their DICE tokens. Token holders are granted special rights and privileges within the platform and as a collective enjoy a share in 100% of the profits the house generates, proportional to the number of tokens they hold. The ERC20 standard DICE token will be trade-able on popular exchanges. Etheroll has a launch date scheduled for March 2017.
For more information on the Etheroll crowdfund go to http://crowdfund.etheroll.com