Gyptex is an online platform which allows like-minded players to join and compete against each other in games of strategy and chance. It combines the best elements of the blockchain, cryptography and gambling to create a truly fair and transparent system.
Gyptex employs a different business model to online casinos, which win when you lose and lose when you win.
Gyptex works differently. We take a small fee from every game, which in the poker world is called a rake. Due to our fee structure, we’re a disinterested party as to who wins or loses, although we do hope you win! Online casinos are in the business of competing against and beating the players, while our business is about helping players to connect and have a good time.
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Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading Rated on Jan 11, 2019
3
3
3
25%
Even though KYC does not guarantee ICO success nor is a call for investment, the process verifies the key members of the founding team as a first key test.
Please respond to Sum & Substance promptly.
Willing to revise this rating if the team responds.
DSc (Physics) - Blockchain Researcher - ICO (not STO) Advisor - Managing partner at Sofia eConsulting OU Rated on Mar 1, 2019
2
2
2
7%
Team
With four members invited (CEO, Project Manager, Senior Software Engineer, and Dev) and failed KYC, this project gets its first red flag. These members don’t even mention their affiliations to this project in their LinkedIn profiles. Are they embarrassed to do it?
Vision
Pretending to be a different kind of online casino, Gyptex says they work differently from a casino as they only “take a small fee from every game”, as if this were not the main source of conventional casinos!
Product
By relying on common assumptions and misunderstandings about blockchain technology, Gyptex sells their game as trustworthy, fair, and secure, without much basis.
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