Gambling is developing due to advanced blockchain technologies that brings even more money to players. Thus, Ethereum Slot Machine is the prototype of famous "one-armed bandit" only in the framework of Ethereum system. At the moment, the company is trying to attract as many investors as possible to expand the structure and increase funding. Now Ethereum Slot Machine already has a functioning application for Android software, and although it works in a test mode, already now prevents risks associated with fraud. Each new user receives 20 coins on his/her account to appreciate all the features of the application.
https://eslots.io/en/index.html
Despite the fact that Ethereum network is very reliable and safe, it is for the gaming industry that it has insufficient speeds - therefore, the creators of the project decided to build the processes in a mixed manner. So, intermediate data will be stored about all the results of the games played or they will be saved at a user's request within the framework of the blockchain.
The security of users' money and tokens is assured by smallest details - when updating the application, a unique Ethereum-based wallet is created with the password protected by reliable encryption. Players are advised to keep funds in a wallet, and not within the limits of the game. Also, the mobile application makes it possible to sell currency or withdraw it to any available wallet at a user's request.
There are two contracts in the framework of Ethereum Slot Machine - game and token-based. The game contract assumes the following functions:
- exchanging ETH for coins in the game, as well as vice versa;
- fixing any results of a game;
- monitoring the status of accounts;
- paying out for victories;
- transferring profits or part of it to a token contract in order to subsequently receive dividends.
https://eslots.io/en/index.html
The token contract implies the following functions:
- distributing the funds gained during the ICO;
- conducting investments as honestly as possible;
- distributing dividends, depending on the number of tokens available;
- buying and selling tokens.
Ethereum Slot Machine offers the following advantages:
- all token holders can receive dividends. The entire amount of profits from the casino is distributed among the current holders of the company's tokens minus the commission imposed on a weekly basis, depending on the already available tokens in a wallet;
- the project has great prospects in this area, since it does not yet have any worthy analogues and takes the position of a monopolist in the field of online games based on cryptocurrency;
- the team includes developers of mobile applications with experience of more than 10 years and more than 20 years in the IT industry as a whole, which guarantees the availability of all necessary structures in the application.
The company's own token, which performs all operations in the system, is called EST. It operates on the ERC20 standard. The price of each token is 0.001 ETH, and the total number of issued tokens is 50,000,000. The preliminary sale ended on April 8, 2018, and the main sale began on April 9 and lasts until May 2018. You can buy tokens only for ETH.
The creators of the project assume the following distribution of released tokens:
- 85% - for the sale in the framework of ICO (including the preliminary sale);
- 10% - for the project's founders;
- 5% - for marketing and other needs.
The funds during the token sale will be distributed according to the following plan:
- 60% - for the further development;
- 25% - for the casino bank;
- 15% - for marketing development.
Thus, Ethereum Slot Machine is one of the worthy solutions in online games market with an easy-to-use mobile application that is available to every user. All game results are stored in the blockchain, and winnings and dividends are distributed on an honest basis between EST token holders.
Website: https://eslots.io
Whitepaper: https://eslots.io/downloads/eslots_whitepaper_en.pdf
Telegram: https://t.me/eslotmachine
Facebook: https://www.facebook.com/Ethereum-Slot-Machine-171678883642629/
Twitter: https://twitter.com/slots_e
ANN: https://bitcointalk.org/index.php?topic=3235453
Author: https://bitcointalk.org/index.php?action=profile;u=980049
ETH: 0x2b9c29C57D073Eb47D6ded8C516984979a4E6085