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Etheroll

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Thread replies: 24
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Why aren't you buying this /biz/? Gambling makes up 50-60% of bitcoin transactions, and Etheroll is bringing it to the Ethereum blockchain.

From the website:

Etheroll is an Ethereum-based dice gambling Dapp that enables individuals to place bets on the result of a 100-sided dice roll without user deposits or sign-ups, using Ether – the 2nd most popular cryptocurrency in the world. Players can choose their own odds with our unique UI and payouts are instant. Game code is built entirely on top of the Ethereum blockchain, which allows for a level of transparency and accountability that traditional online casinos simply cannot provide.

Owing DICE tokens allows you a stake in the casino's 1% house edge and pays quarterly dividends. The first dividends pay on August 7th, so buy while it's cheap--DICE currently cost ~$1.75, but some simple math with projected volume and the casino's expected value suggests a divided around $0.75-1 PER TOKEN.

Read the whitepaper here: http://crowdfund.etheroll.com/etheroll-whitepaper.pdf
FAQ: https://etheroll.com/#tab6
Developer Blog (The dev team is exceptionally professional): https://etheroll.wordpress.com/
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>>2271444
How to buy Etheroll for all you /biz/ness men wanting to board the rocket on the ground floor. Etherdelta is hard to use, which is exactly why Etheroll is cheap-- but a Liqui.io add is confirmed in the next week by the Devs, and Bittrex has expressed interest. Needless to say any centralized exchange listing will cause the price to explode
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it's just a shitty proof of concept, I'll buy into ethercasino when it comes out, until then fuck off with your shit-tier pump&dumps faggots
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>>2271488
>he thinks he can stop the rol
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The idea seems promising. I just bought 2eth worth. What do you think dividends will be on the first payout?
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>>2271488
Satoshidice was the same concept. Etheroll is even nicer, requires no deposits, and has a GUI update roadmapped in the next 3 months. This is the accumulation phase, if you miss out on this when it gets added to a centralized exchange you're going to be kicking yourself. One of the most fundamental solid tokens-it doesn't promise the moon (Gnosis, Aragon, etc) but is very simple and exploits a proven niche.
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>>2271580
Have an infographic, rolfriend
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Considering going all in on this desu. Especially with betting laws in
>freedom land
this website could definitely take off. Plus they already have people using the site and it's just been released
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Gonna make so much money because fags are too lazy to use Etherdelta
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>a simple js dice game is worth $10M

and they say this isnt a bubble
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>>2271671
It's worth 10 million because the bankroll holds 22k Ethereum and each token literally represents a stake in that bankroll
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Yeah all shilling aside this coin is great. Uniquely pays dividends, a very secure and legitimate site that people are already using
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bumping for interest
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What's the point of the tokens if people just use etherum to gamble?
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>>2273940
Other than dividends...wasn't POSW basically the same concept and it tanked hard?
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>>2271694
Oh so it's a bubble based on another bubble, I get it.
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>>2272620
So if I throw some ETH at this, serious question, how do I get the dividend? Sorry, serious question
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so what differentiates this from the dozen other gambling coins?
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>>2273951
>>2273999
The site accepts Ethereum itself as a gambling currency. The tokens represent fractional ownership in the bankroll and entitle holders to dividends. There is no need to buy tokens to gamble; in fact, you can't gamble with the tokens.

To collect dividends you must hold the tokens in a wallet you control. Mist, Parity, MyEtherWallet, etc. The first payout is August 7th and there is a weeklong period during which users will be able to claim their dividends. This is directly from the FAQ linked in the OP.
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>>2274033
1) The speed of development and professionalism of the development team
2)The simple and achievable roadmap goals-this coin seeks to fill the niche of dice games in the best way possible, and doesn't overextend itself
3)The decentralization of the gambling site. Etheroll doesn't use signups, deposits, or withdrawals--it is purely smart contract based, and therefore incredibly easy to use from a Web3 browser and is totally trustless.
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>>2273967
>>2273951
This is not a pump and dump. This is a coin that derives all of its value from fundamentals, as it already has a working product with high volume. The bankroll is being ramped up over the next month, the first dividend payment is in two months, and there is a 4k Eth budget for advertising and marketing in the next half year.
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I'm in.
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what's the traffic like now? how can you be sure dividends won't just be penny queefs
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>>2275513
4.5 Million in three week soft launch. Bankroll was 200 ETH for first two weeks, then 1,200 ETH. Total bankroll capital is 18k ETH, so we are awaiting full bet volume. Also the next roadmap milestone is reducing the min bet to ~$1
Thread posts: 24
Thread images: 6


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