vDice is an Ethereum-based gambling platform in the spirit and style of SatoshiDICE. Players send ether to a smart contract, which pays out rewards based on random numbers. Numbers.org serves as the oracle. The service has been live since June 2016 and claims to have processed over 6,000 bets to date. They are selling vSlice tokens, an Ethereum meta-token that entitles holders to 50% of house profits.
What is the token being sold?
vSlice is the object of the crowdsale. Holders of vSlice are entitled to a share of house profits. It has no other role on the vDice Dapp.
The maximum supply of vSlice is capped at 96 million (this will be the supply if the ICO reaches its maximum funding goal of 700,000 ETH). If the ICO doesn’t reach maximum funding, the supply of vSlice will be capped in proportion to the amount of ETH earned during the ICO. After the ICO ends, no more vSlice will ever be issued.