Ethereum Slot Machine
AN OVERVIEW
(eSlots)Ethereum Slot Machine, being the first cellphone game mimic slot machine for Ethereum network. The ICO focused allure investments to build foundation and financing of development of software while the programme is germinating and to make winner fund fascinating for players. To provide protection against double-dealing we have built entirely well working demo sort of the application for smart phones before reaching to ICO. Along with this funding is offered inorder to let everyone to check the app.
It's safe to say that this is the first mobile embodiment of a game of the type "One-armed bandit" in the Ethereum network. Its main task is to attract as many investors as possible to build its structure and finance the constant development of software throughout the project. And it is no less important to create a very significant reward for users of the fund.
The platform already has a working version of the application for mobile devices based on Android OS. This application works in a test mode on the test network Ropsten and already provides all the risks that may be associated with fraud. Just so that any user, even without having Ropsten ETH, was able to test the application, the developers are scheduled to replenish the balance by 20 coins.
Project structure
Here you can see simple venture scheme:
There are 2 contracts in Ethereum net: recreation settlement and token agreement.
Recreation agreement includes:
• Exchange between ethers slot and sport coins
• Constant fund of prize and lose
• manipulate of mobile apps account
• Winner payment
• transferring a part of earnings into token –settlement for dividends
Token contract consists of:
• Initial coin offer
• Reliable funding utilization guarantee
• Distribution of dividends in line with the modern quantity of token
• trading/exchanging the tokens.
Market Position
Minimum around 10 million enjoyers exist presently. Indeed there are many more users that is around 50 million which invest real amount in getting app even though they know there is little or no expectation to win. Although our app provides chance of winning cryptocurrency.
Ambiguities and Solutions
There were few programmes like iDice and some more but they were counterfeit so as such there is no proper solution to the issues. By keeping this under observation we have made demo programme which is completely functionable. Instead we are confident on ourself and in our expertise in every concept and we habe ability to fill all the gaps and lackings and solve the problems efficientlt with efficacy.
Technical Knowledge
In order to provide high speed and to prevent load we use intermediary storage for data and secure them by blockchain packages by the help of our smart-contract repeatedly or on our client's need. For nation's attraction we have created and cross checked mathematical model which ensures payment for contestant equals to around 93% and the maximum reward equals to 1000x.
Concordats in Ethereum Net
There lies two types of concordats including
• Game concordat
• Token concordat
Game Concordat
It allows interchange between Ethers and game coins along with fixed fund of award and lose. It handles cellphone ids and accounts.
Token Concordat
It includes initial coin offering along with trustable investments usage guarentee and also trading and interchanging of the tokens.
Preface (eSlots)
Globally ethereum slot machine eslots is the very first game which duplicates Slot machine for ethereum network. By keeping significant number of trickery in ICO and speculate spheres under observation, we have constructed completely working demo type of an app for Android OS before getting approach to ICO. Along with this we present top up fund upto 20 coins to let everyone to test the application . At present time there are 50 millions enjoyers which disburse money in buying app even there is little oppurtunity to win. However the app provides option to win cryptocurrency.
Features & benefits
No competition
Due to the fact that there is no opportunity for user-friendly gambling with cryptocurrency on mobile devices, some kind of “gap” appears so we’re able to occupy it!
Working demo
The app demonstrates simple program product which functions in Ropsten testnet. Moreover we offer replenishing fund up to 20 coins to allow everyone to test the app even without Ropsten ETH
Stable revenue
Every token owner gets dividends distributed according to tokens number!
Weekly payouts
Once official release is held game contract will define payout sum corresponding to the current pay term. It’s conducted automatically every week!
How (eSlots) is better?
In reality there exists programmes including iDice, but it is well known that they were quake. This is one reason thats why we have constructed completely functional demo programme for ICO. Particularly we are utterly assured in our expertise and in our programme aspect. Because of the reality that there is lack of oppurtunity on cellphones, little lackings exist so we are capable of occupying them.
Technologies
Presently blockchain network Ethereum lacks enough speed for slot machines, but we threw light on this issue and tried our best to solve it by using transitional data storage for results of every game and rescue them by offers in blockchain with our smart-contract regularly or on client's requirement. We use fault-tolerant parallely scatterable automations from start because the system needs server part. Such automations allow to cope with any type of burden by simple build-up of one-type units. By doing work on the programme we establish and tried mathematical model which ensures payment for participants to approx 90-93% and the inflated award equal to 1000x.
Mission architecture
Installing every new app reasons precise Ethereum slot pockets initialization that is at ease for both person profits and token holders. Furthermore pockets keys are in the strongly encrypted garage in the app. notwithstanding all the above gamers aren't advocated to keep prize interior the sport app. though the app supports selling coins and shifting the fund which received into any actual pockets unique via user. Its miles apparent that Ethereum wallet is empty at the first launch of the app .To fill up the pockets balance person simply switch the money from any corresponding third birthday celebration service on line pockets to our app.
The app consists of unique calculator which can assist to estimate the required sum .by the way beta version of the app in Ropsten testnet helps one time request for 20 coins for this motive we've got created a financial institution containing 500ETH. it is worthwhile to mention that there might also seem so known as “Frozen” money owed within the system. It’s because of resulting the state of affairs when, as an example, consumer cell device does no longer reaction or the app is eliminated without moving the fund in advance or in another comparable occasion whilst access to the wallet has been misplaced.
How it works?
Unfortunately, today the Ethereum Network, based on the block system, is not so fast for games of this type, and based on this, the project team first, having carried out various kinds of research, concluded that the work processes will occur in a mixed scheme. That is:
intermediate storage of information about all results of games will be applied;
at times or at the request of the user, they will save them in blocks in the blockroom through the clever protocol created by the project.
To ensure the security of user accounts and token holders, each subsequent update of the mobile application creates its own unique Ethereum-purse, the passwords from which are stored inside the application in a securely coded storage. Despite this, players are not recommended to use the game as a storage point for rewards. A mobile application allows you to sell coins and withdraw funds from any external wallet that the user specifies.
In the Ethereum network, the project presents itself with two contracts: a game contract and a token contract.
The game contract has the following functions:
ETH exchange for game coins and back;
fixing win / loss players;
the status of mobile application accounts;
payment of prizes;
Transfer of a part of the profit to a token-contract for the distribution of dividends.
The token-contract has the following functions:
primary distribution of ICO;
ensuring the fair use of investments;
distribution of dividends in proportion to the current number of tokens;
purchase / exchange of tokens.
Main advantages.
All 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. Next, the entire amount making up the casino profits, he sends as dividends to the holders of the tokens. It is worth noting that dividends are paid with a deduction of the commission for their shipment, accordingly, payments are made to those holders whose amount exceeds the commission.
Currently, a fully working prototype of the system is developed, which includes the following:
Android application;
Contracts in Ropsten block: Game contract and Token-contract;
Contracts in the main block: Crowdsale contract and Token-contract.
Moreover, considering the monopoly position in the mobile applications market and the popularity of such games, the project can safely count on increasing the profitability from the planned company!
A strong team of developers and like-minded people who has been working for more than 10 years, and all this time creates mobile applications with the necessary infrastructure.
ICO CONDITIONS
Token Details
Token: EST;
Platform: Ethereum;
Type: ERC20;
Price: 1: EST = 0.001 ETH;
Number of tokens: 50,000,000 EST;
Pre-sale: Start 29.03.2018 ending on 08/04/2018 BONUS 50%;
Main sale: Start 09.04.18 End May 2018 BONUS 1 week - 30%; 2-3 weeks - 15%
Country: Russia;
Possible investments: ETH;
Tokens are distributed as follows:
Sale (including pre-sale) 85%;
founders and developers 10%;
Marketing, Founders, Bounty Company 5%.
Token Distribution
ROADMAP
TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
For more information, please visit:
Website - https://eslots.io
Whitepaper - https://eslots.io/downloads/eslots_whitepaper_en.pdf
Bitcointalk ANN Thread - https://bitcointalk.org/index.php?topic=3235453.0
Twitter - https://twitter.com/slots_e
Facebook - https://www.facebook.com/Ethereum-Slot-Machine-171678883642629
Telegram - https: //t.me/eslotmachine
Author : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
ETH Address: 0xc7a5bdAa10D8C40f7a7FAF35995C794bB769166b