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DICEGAME
Open Face-To Face iGaming Platform
DICEGAME is a decentralized platform for hosting fair P2P games with transparent and verifiable mechanics with no limitation on deposit and withdrawal. The platform is based on the Graphene technology which allows to have low fees and high transaction speed. The platform ensures a fair gaming environment with real-time interaction between users around the world. Thanks to blockchain technology we connect distant past and faraway future of the iGaming world providing the solution for the following problems: lack of trust in the system, limitations on deposits and withdrawals, centralized random number generator. We grant the opportunity to participate in the games on our platform built to meet user's needs and interests.
The usage of the decentralized platform DICEGAME with the use of the smart contracts based on the Graphene blockchain will allow to achieve fair play in the transparent iGaming industry. The features are:
High transaction speed Graphene allows to conduct 10,000-100,000 transactions per second due to parallelization and scalability.
No special skills required to increase winning odds Platform supports unskilled games of equal chance. You just have to roll the dice and blockchain will take care of all calculations and estimations.
Bonus tournaments Bonus tournaments are held on a regular basis and VIP-investors get life-long unconditional access to them. 50% of collected fees gets automatically transferred into BT prize fund.
High level of security We store everything in blockchain. Thus, all the data is kept safe and immutable
Face-to-face games in the P2P network There are only you and your opponent. No third party, no ‘bank’ nor ‘casino’ is involved. Platform has absolutely no interest in cheating. Both players have equal chances to win.
Deposits and withdrawals at user's disposal We do not impose limits on deposits and withdrawals. We believe anyone should be able control his resources freely.
Play with any cryptocurrency you want ExeptDice token, there will be an opportunity to play with BTC, ETH, LTC etc.
Say goodbye to Random Number Generator There are no centralized nodes that could influence players’ dice. The results are determined solely by smart contract and data from both participants in a pair.
Transparency All aspects of game mechanics and algorithms used by the platform will be open and decentralized.
As in the personal discussion it was stated that the reason for low rating is absence of pool of value and investment ROI, then would like to provide some details and comments regarding this part of our product. In the White Paper we have a special tokenomics section called "VALUE OF THE PROJECT. PROJECTIONS OF THE DICE VALUE".
As a part of the financial projections of the game platform being created, the project team has also made the assessment of the forecasted cost of the platform and the Dice token in future. The approach is selected according to the given data, target of evaluation, type of the cost, peculiarities of the appraisal project. For this project the income approach is defined, i.e. the set of methods of platform cost evaluation based on the platform income expected. The income approach is the method of cost readings based on the principle that the value of the platform and token depends on the current value of the upcoming net revenue from the platform. According to the income approach the platform evaluation procedure can be divided into the following stages: Projections of the future income from the platform and operating cost needed for its functioning; Capitalization of the future income and expenses from the platform operation into their current cost.
For more details please see pages 55-56 of our white paper. There you could find the exact economic formulas of the potential growth of the token price.
I would suppose that this is what should have been done for our project to improve the rating.
Would appreciate if you could review it and reevaluate us.
International lawyer, L.L.M. Rated on May 10, 2018
4
4
3
10%
After brief review it seems that team previously did not work with licensed gambling projects.
The vision is interesting but currently has organisational problems which are also not reflected in projects documentation.
No information about company which is responsible for the tokensale, no T&C of tokensale and absence of certain limitations of who can use project's tokens makes it potentially risky from legal point of view. Nothing stops minors from buying gambling tokens now.
Other problems are related to ingnorance in whitepaper to questions of responsible gambling and RNG certificate issues. Current RNG model may be potentialyy difficult to be approved by regulators and statement of creation of internal exchange services require additional licensing for the platform.
Generally, the idea is interesting, however it seems that certain aspects of project are yet to be published / to be done.
Would like to let you know that all organizational questions have been resolved and reflected in the project documentation. Please see the legal documents uploaded the website:
- Disclaimer: https://dicegame.io/legal/LEGAL-DISCLAIMER.pdf;
- Privacy Policy: https://dicegame.io/legal/PrivacyPolicy.pdf;
- Token Sale Terms and Conditions: https://dicegame.io/legal/TermsAndConditions.pdf;
- Legal Opinion: https://dicegame.io/legal/RISKS.pdf;
Regarding licensing for the platform, we have already started to work actively on the Malta Gaming Authority (MGA) license, according to our plan we are going to get it right after the ICO end.
It would be great if you could review our improvements and reevaluate the project.
ICOs marketing consultant - Known for successfully raising millions for blockchain projects. Rated on May 22, 2018
5
5
5
10%
Thoroughly examined the project team, obviously they are not gamblers but still have practical experience in many fields, which delivers fresh vision. Can’t find a reason to distrust them.
Idea of transparent gambling is not new, but the way of blockchain implementation is brave and deserves our attention. Platform’s mechanics suppose a complete elimination of Random Number Generator, which, for sure, brings the platform to another level.
I was excited on their approach of boosting economy with the help of Bonus Tournaments. They not just create the regular tournament, this is a solid part of economical sector for the whole project with its positive influence in general.
And last but not the least they explained in detail the ROI question (economy block on their web-site) that is a wise step towards community. Definitely recommended for contribution.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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