A Short Summary of the vDice ICO Whitepaper

in cryptocurrency •  8 years ago 

I decided to do a quick and simple summary of the V-Dice ICO Whitepaper. I am in no way affiliated with this project, nor am I endorsing it. I just had a spare hour and a highlighter pen, so I went through it and picked out the bits that I thought would interest me, and therefore probably interest others too.


vDice ICO

The vDice game technology itself is live, processing bets. It can be viewed here. vDice

The aim with vDice is to use as much of the Ethereum ecosystem code as possible and minimize the complexity and improve security.

vDice tokens will be called 'vSlice'

By participating in the ICO you are buying 'vSlice' tokens which will offer you a share of vDice profits proportional to your holding.


Total Tokens

96 Million 'vSlice'
Total tokens issued will be 96Million'vSlice'. There will never be any more than this.


Dates

the ICO will last for 30 day. Beginning on 15th November, 2016 until the 12th December, 2016. You will be able to participate in the crowdsale with either ETH or BTC. 'vSlice' Tokens will be issued in the ratio below to ETH.


Week 1 = 1 : 130

Week 2 = 1 : 120

Weeks 3 & 4 = 1 : 100


GUI Wallet

A GUI wallet will be provided with the crowdsale. This will give a safe place to store tokens, receive notifications and offer a simple point-and-click interface.


I think that's the meat of it. If you want to know more, I suggest you read the complete whitepaper which can be found here:
vDice ICO Whitepaper

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Very good post. Interesting to see I'm not the only one that is thinking about this. The crypto market: High risk high gains!. That doesn't mean that a gain is guaranteed though. There's simply no guarantee in anything in life and especially not in a high risk market. I was wondering if anyone of you uses: https://www.coincheckup.com Every single coin can be analysed here based on: the team, the product, advisors, community, the business and the business model and much more. Check for example: https://www.coincheckup.com/coins/vSlice#analysis To check vSlice Detailed report.