The core objective behind the existence of DAO.Casino is to replace centralised casino models with a socio-economic protocol with no human intervention whatsoever. This decentralized system will achieve a fine balance between active participation and a fair economic return for those who participate. For developers, DAO.Casino proposes to eliminate their need to rely on centralized casinos. Instead, the protocol makes it easier for these talented individuals and teams to monetise their work, raise funds, and expect bankrolling without paying heavy commissions.For gamers, DAO.Casino is equally attractive, as it allows them to break free from rigged centralised online casinos. Traditional casinos are a black box; players cannot call their bluff easily, because the outcomes of each bet are calculated behind closed curtains. DAO.Casino, on the other hand, allows for transparency. The protocol focuses on obtaining pseudorandomness in all the gaming outcomes by introducing an economic incentive layer. Here, the participants interact with PRNG contracts to ensure unpredictable pseudorandomness. In the beginning we expect existing licensed online casino operators to integrate with the protocol to reduce costs, while long-term new forms of regulations more suitable for decentralised, transparent and automated systems can emerge.

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ICO’s Details

  • GENERAL INFORMATION
  • ICO Opening Date:

    Thu, Jun 29th, 2017 12:00 AM

  • ICO Closing Date:

    Wed, Jul 26th, 2017 12:00 AM

  • Country of Origin:

    Germany

  • TOKEN DETAILS
  • Symbol:

    BET

  • Blockchain Type:

    Ethereum

  • Platform:

    ERC20

Team

Ilya Tarutov - CEO
Konstantin Lomashuk - Protocol architect
Alexander Noxon - CTO & Platform development
Alex Kirillov - CFO
Ksenya Bellman - Business development
Alexandra Fetisova - Project Manager
Sergey Pomorin - Game Developer
Sergey Lonshakov - DAO design & implementation
Alexander Krupenkin - Solidity developer
Eugene Radchenko - Program manager
Akbar Murataliev - Marketing executive
Alexander Davydov - Solidity developer

Advisors

Tomoaki Sato
Eric Benz

Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

Initial Offering News