Introduction of Ridotto
Ridotto is the very first cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Built on Cardano, our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity. Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling. Beyond our vibrant flagship casino, we will unleash retail ingenuity by giving users the decentralized infrastructure to experiment and evolve the gambling ecosystem, much like the App Store did for mobile gaming.
Ridotto: A Better Alternative
Enter Ridotto, which challenges this greed-based business model and proposes something better: The next generation of trustless, community-driven casinos. It all began when, disillusioned by their chances at winning a scratch lottery, Ridotto’s co-founders Mohammed Marragh and Fayrouz Benstella decided to be the change they wished to see in the world and lead the charge for a better and more transparent gaming experience.
Through their vision, Ridotto plans to deliver never-before-seen gaming and lottery features to its patrons and fundamentally re-imagine the joy of gaming, stripped away of centralized inefficiencies. Through the Ridotto protocol, users can play, build and even fund casino games, making our platform the single most robust to come to market. In this way, Ridotto will break down the traditional boundaries that separate casino owners from players, and instead elevate the player to the position of “house.”
A Trustless Alternative
With industry-standard casinos, by virtue of lack of choice, players are cornered into believing that dealers, machines, and other casino mechanisms are not stealthily working against them. By contrast, as a DAO, Ridotto has inbuilt integrity that guarantees user safety. It can be said to be trustless, because users have no need to trust Ridotto; it’s integrity is readily verifiable because it is open-source and distributed on the blockchain.
To ensure integrity of Ridotto games, updated and precise game metric data like winning rates, probabilities, and all other information that would normally be hidden by traditional casinos will be readily available. Because this data is officiated by the blockchain, which can not be tampered with due to its distribution, users can rest assured that the games that they play are both fair and safe.
A Community-Driven Alternative
Regular casinos are driven by a profit-hungry executive board, or committee representing the few. In stark contrast, Ridotto represents the many through decentralized governance. Explicit in the protocol’s blueprint, all major operations are completely dependent upon the community who will likewise fulfill a pivotal role in deciding Ridotto’s future through proposal creation and deliberation. In line with the co-founders’ vision, this will empower the community to come together and iterate the future of online gaming to better mirror the interests of the community.
Ridotto: More Than Just a Casino
At first glance, many make the mistake of lumping Ridotto in with all the other crypto gaming platforms. Yes, Ridotto will offer casino games — and yes, it will most certainly innovate gaming, and offer the sleekest, most robust gaming on the blockchain; but through Ridotto build, bankroll, and governance, it will do so much more as the first truly decentralized casino.
Ridotto Build: Beyond Ridotto’s flagship casino and its many game selections, Ridotto will offer its community and B2B partners alike a seamless and retail-friendly casino-building protocol through which they can develop their very own, hand-tailored casino games and applications. Ridotto will provide software development kits so that the community is free to experiment with their collective genius. This is the great merit of decentralization: Like opening floodgates, Ridotto will unleash community creativity in an industry that has been protected behind tall walls and iron clad regulation. For the first time ever, freed from technical limitations, gamblers, builders, and bankrollers will combine forces to participate in the game creation process.
Ridotto Bankroll: But Ridotto doesn’t stop there; true decentralization means that play and building are not just open source, but profits are too! Ridotto’s intricate system of liquidity providing will empower investors and gaming enthusiasts alike to bankroll its ecosystem of games. Even cooler, Ridotto’s system of decentralized casino funding allows the community to provide liquidity in a manner that accounts for risk preference. A percent of profits, reserves and staking opportunities will contribute to what the co-founders have outlined to be a “self-sustaining ecosystem” model, that integrates partnerships and alliances with other blockchains to optimize their core product offering.
Ridotto Govern: Mohammed and Fayrouz created Ridotto to solve gaming’s most notorious downside: the temptation for insider exploitation, a disadvantage so famous that it has its own universally understood phrase, “The House Always wins.” Ridotto throws out this resignation by turning it on its head, and elevating the user to the position of being “the House.” As a DAO, Ridotto has inbuilt integrity that guarantees user safety. It can be said to be trustless, only because users have no need to trust Ridotto; its integrity is readily verifiable because it is open-source and distributed on the blockchain. In other words, the Ridotto protocol runs automatically according to a predetermined set of rules, initially created by the team, but increasingly entrusted to the community.
Because decentralized governance is a cornerstone of Ridotto’s vision, all major operations are completely dependent upon the community. Users will play, build, bankroll, govern, and likewise fulfill a pivotal role in deciding Ridotto’s future. By creating and voting upon proposals, the community will come together to iterate and grow the platform to better mirror community interests.
Steps to Buy Ridotto (RDT)
Step 1 - Look for Decentralized Exchanges (DEXs) where Ridotto (RDT) is Listed:
New coins such as Ridotto (RDT) would be going for initial DEX offering (IDO) listings and such info can be found via popular crypto aggregators. All you have to do is key in Ridotto (RDT) in the search box of your crypto aggregator, and you will be able to identify the DEXs where Ridotto (RDT) is being listed.
Step 2 - Create & Setup your DeFi Wallet:
This popular DeFi wallet is used to store, exchange and buy various tokens including Ridotto (RDT). Learn how this can be done in just a few clicks.
Step 3 - Fund your DeFi Wallet:
You can buy the native token of a selected blockchain, for instance ETH for the Ethereum Main Network via credit cards. Note that native tokens differ from one blockchain to another, and would be used to pay the necessary gas fees, so be sure to have the right tokens in the right blockchain. Alternatively, you can proceed by withdrawing ETH from your Gate io wallet - All you will need is your DeFi wallet address.
Step 4 - Connect your DeFi Wallet to the DEX to Buy Ridotto (RDT):
Once you have identified the DEX(s) where Ridotto (RDT) is listed on, visit the official pages of the DEX(s) and follow the steps as guided in connecting your DeFi wallet. Then you can proceed to purchase Ridotto (RDT) on the relevant DEX(s).
MEET RIDOTTO TEAM
TOKENOMICS
25% - Staking - 125,000,000
15% - Token sales - 75,000,000
15% - Ecosystem - 75,000,000
15% - Marketing & Partnerships - 75,000,000
10% - Reserve - 50,000,000
10% - Bug Bounties & Accelerator - 50,000,000
10% - Team - 50,000,000
RIDOTTO PARTNERS
RIDOTTO CONTRIBUTORS
VISIT HERE:
Website: https://ridotto.io/
Whitepaper: https://ridotto.io/pdf/whitepaper_ridotto.pdf
Twitter: https://twitter.com/ridotto_io
Discord: https://discord.com/invite/ridotto
Telegram Community: https://t.me/ridotto_community
Author details:
Bitcointalk name: LiloBee
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2814494
Address: 0xFeACf80A4d4e100bFedd609069BfBe22BE2EBb63