ICOLINK - ICO Listing Directory and Blockchain Community | "Link your ICO to Success!"

ICO Ethbet

Gambling and Betting ICO List Category

Ended
0.00 (0 ICO reviews)

Ethbet ICO Links:

Ethbet ICO Listed:

2017-10-15
Created by:

Share this page in Social Media:


-- Advertising --

Ethbet ICO

ICO Ethbet Description:

ICO Description

Ethbet is a decentralized, peer-to-peer, and provably-fair Ethereum-based dicing game without a mandatory house edge. Ethbet is able to offer bets without a house edge because players bet directly against other players instead of against a centralized house. The disadvantage of this is that in order to place a bet, there must be another party willing to place the same bet. For this reason it is possible that a player must wait for their desired bet to take place, especially if it is very large. To combat this, an additional feature of an optional player-defined house edge is added, allowing players to offer and take (‘call’) bets with any house edge that they desire. Thus, a player that prioritizes speed over their expected return can agree to a bet that gives him a slight disadvantage (i.e., a bet that gives his opponent a small house edge). Similarly, a player that is patient and prioritizes their expected return can offer bets that the formerly mentioned player may choose to call. This results in a model where players are effectively able to become their own casinos, allowing market forces to provide players with bets as quickly as possible at the best possible rates. The Ethbet protocol features an efficient off-chain matchmaking relay in order to allow players to quickly and cheaply communicate their intent. The protocol can also be extended to support betting using any Ethereum-based (ERC20) token and for use with other games.

⭐ Ethbet ICO details:

Ethbet ICO ICO Details

Ethbet ICO Start: 09 17 2017

Ethbet ICO End: 10 15 2017

Ethbet Symbol: EBET

Ethbet Platform: Ethereum

ICO Rating

Idea
ICO Team
ICO Advisors
Whitepaper
ICO Website
Please Log-in >>> to add ICO Review
At the ICO List we accept cryptocurrency payments in BTC, ETH, BCH, DOGE, LTC, USDC, USDT, APE, DAI and SHIB
Coin Payments
ONE WEBSTUDIO

website tech support FixJoomla.com

ICOLINK.COM 2024 © All Rights Reserved

Share this page in Social Media: