SlotNSlot is a platform that allows you create and operate your own slot machines, or play slot machines created by others. Since it is run on the Ethereum network, you can play transparently and securely, and everything related to the odds of winning is disclosed on the smart contract. The prototype has been developed and its demo video is available on their website. They are anonymous, but they have implemented safeguards to protect the ICO funds in the smart contract and give a lot of power to the token holder, including dividends on profits.
SlotNSlot ICO Opportunity
The online gambling market is rising rapidly, and the Statisca expects the market size will reach $ 47.11 billion by 2017. Furthermore, the mobile gambling market is growing faster. Global Mobile Gambling Market 2015-2019 research report says by GGY, global mobile gambling is expected to grow at a CAGR of 18.36% during the forecast period in addition to the 43% CAGR in terms of total annual wagers. SlotNSlot claims to be developing the world’s first mobile gambling app that runs on a blockchain network, and their demo video (https://youtu.be/9TtOFJ2InH8) shows the development phase is almost complete.
The main concept of SlotNSlot quite interesting. Many ‘holders want to be a banker on SlotNSlot to increase their Ethereum balance. On the platform, users can be both ‘Banker’ and ‘Player’. These features give users more strategic options and fun. ‘Player’ can experience ‘Banker’s bankruptcy, which was impossible on traditional slot machines, and ‘Banker’ can experience an increase in his Ethereum balance, like mining.
SlotNSlot Strength
The most strength of them is their technical competence. Very few teams had released beta products before the ICO. But they are going to release the beta product before ICO and the demo video is now on Youtube. The commits on their Github repository (https://github.com/slotnslot) seems quite progressive, and they proposed a new method, called proactive TX verification, to play the game regardless of the block period. They have also completed development of an Android application that works as fine as existing centralized applications.
Ethereum Slot Machine is the first mobile game in the world which simulates Slot machine for Ethereum network. The ICO is aimed to attract investments to create infrastructure and financing of sustained software development while the project is growing and to create winner fund interesting for players. Fully-functional demo version of the app for Android OS is designed before coming to ICO. The app demonstrates simple program product which functions in Ropsten testnet. Slot machine Icons - Download 94 Free Slot machine icons @ IconArchive. Search more than 600,000 icons for Web & Desktop here. Pros Slot n slot is a mobile based game platform where ETH can be mined and aslo paly slot n slot game. The beta version has been release and the prototype is being developed.the ICO will run for a month where 40000ETH will be raised for the project. Investor will get 20% bonus for token purchase. The project is really transparent and the roadmap is very great. About Ethereum Slot Machine. Ethereum Slot Machine is the first mobile game in the world which simulates Slot machine for Ethereum network. The ICO is aimed to attract investments to create infrastructure and financing of sustained software development while the project is growing and to create winner fund interesting for players. Ethereum has its own internal cryptocurrency - Ether ('ether'). In the Ethereum, you can create a smart contract (essentially an analogue of a contract, all items of which are strictly programmed), run it in this distributed virtual machine and after that no one, including developers, can change its conditions. The first decentralized slot machine The founding members of the Edgeless team launched an Ethereum smart-contract based slot machine. This was the first decentralized slot machine ever created on a blockchain. Ethereum Slot Machine holders of tokens receive dividends, which are distributed directly in proportion to the number of tokens. After the official release every week in automatic mode, the game contract determines the amount of payments for the billing period.
They are pursuing true ‘DAO’. According to their white paper, after the development is completed, they will deactivate themselves. They have a number of plans that can automate the service, such as voting from the token holder, bounty, etc.
SlotNSlot ICO Proposition
Their ICO proposition is quite different from others. They have set an annual withdraw cap in the ‘smart contract’, which can be changed by token holder’s vote. Moreover, They will disclose their usage of the fund every month and will distribute the remaining funds to the token holders if the project is stopped or if no more funding is needed. Unlike other general ERC20 tokens, a SLOT is not worth zero if the project is interrupted. They will distribute most of the revenue to token holders, and they are proposing and considering various ways to distribute revenue.
SlotNSlot ICO Details
![Ethereum Ethereum](https://news.bitcoin.com/wp-content/uploads/2018/02/casino-chamonix1.jpeg)
- Start date: 08:00 AM UTC, August 20th, 2017.
- End date: Crowdsale event ends with the earliest among followings.
- i) Two weeks after start date. [08:00 AM UTC, September 3rd, 2017]
- ii) 100,000 ETH hard cap achieved.
- Price:
- 12,000 SLOT = 1 ETH : 20% bonus during the first 24 hours
- 10,000 SLOT = 1 ETH: after 24 hours until end of crowdsale event
- Safeguards:
- Foundation token lock up: 365 days after the first profit share
- Fund vesting: a yearly upper bound of 10,000 ETH
- Refund: on several end-scenarios of project, remaining fund will be left to token holders’ decision
- Governance: Token holders have governance over Safeguards details.
![Ethereum Slot Machine Ico Ethereum Slot Machine Ico](https://i.ytimg.com/vi/2ORk_lGwaSE/maxresdefault.jpg)
Company - Edgeless World’s First Ethereum Based Crypto Casino
Refer to their whitepaper orblog poston crowdsale information, for more detailed explanations. Be sure to check their crowdsale smart contract is organized as they claim it is, before purchasing any token.
SlotNSlot ICO Resources:
Webpage:https://slotnslot.com
Whitepaper:https://github.com/SlotNSlot/whitepaper/blob/master/whitepaper.md
Github:https://github.com/SlotNSlot/
Whitepaper:https://github.com/SlotNSlot/whitepaper/blob/master/whitepaper.md
Github:https://github.com/SlotNSlot/
SlotNSlot ICO SocialResources:
What Is Ethereum
Reddit:https://reddit.com/r/slotnslot
Twitter:https://twitter.com/slotnslot
Facebook:https://facebook.com/slotnslot.eth
Hipchat:https://www.hipchat.com/gIUbFZBvh
e-mail:[email protected]
Twitter:https://twitter.com/slotnslot
Facebook:https://facebook.com/slotnslot.eth
Hipchat:https://www.hipchat.com/gIUbFZBvh
e-mail:[email protected]
About Ethereum Slot Machine
Ethereum Ico Price
Ethereum Slot Machine is the first mobile game in the world which simulates Slot machine for Ethereum network.
The ICO is aimed to attract investments to create infrastructure and financing of sustained software development while the project is growing and to create winner fund interesting for players.
Fully-functional demo version of the app for Android OS is designed before coming to ICO. The app demonstrates simple program product which functions in Ropsten testnet.
Moreover it is offered replenishing fund up to 20 coins to allow everyone to test the app even without Ropsten Ethers.
The ICO is aimed to attract investments to create infrastructure and financing of sustained software development while the project is growing and to create winner fund interesting for players.
Fully-functional demo version of the app for Android OS is designed before coming to ICO. The app demonstrates simple program product which functions in Ropsten testnet.
Moreover it is offered replenishing fund up to 20 coins to allow everyone to test the app even without Ropsten Ethers.