DAO.Casino - FUTURE OF GAMBLING INDUSTRY



  • DAO.casino is an open ecosystem for gambling games that don’t rely on a trusted third party. It is a decentralised governance system built on Ethereum that rewards all developers, security auditors and community members for their contribution to the platform where players can discover and play scam-free games using familiar and straightforward user interface.



    For The Players:

    FAIR PLAY

    Casinos can cheat

    Section image 2

    Players don’t trust casinos. Platforms are not transparent. The results can’t be verified. It has now become possible to change. That is why we are building a decentralised casino, that can be owned by everyone.

    Dao.Casino will solve this problem by using smart contracts and a blockchain to make players sure of a fair play.

    The existing gaming and gambling infrastructure is rigged, and players have turned out to be the biggest victims of unfair betting outcomes. There is no such thing as a trusted third party, because each gaming service — at some point of time — manipulates the results to suit their business models. And the saddest part is the inability of players to call/prove the bluff, because the betting outcomes are calculated behind the curtains.

    So the first and the foremost thing DAO.Casino focuses on usability. With usability, the platform wants to provide a perfect mixture of straightforward user-experience, provable fairness, and higher payouts. To sum it up, these are some of the benefits users can receive by using DAO.Casino:

    Highest

    possible payout percentage

    Payout Picture

    Eliminating the middleman and enabling direct interaction between the players provides a highest possible payout.

    Gambling Industry


    • Predictions
    • Lottery
    • Card Games
    • Betting
    • Slot Machines
    • Dice Machines

    Gambling games have a large and diverse user base. Market size of the global online gambling is approx 45 billion and estimated to grow over 50 billion USD this year. IRL gambling market size estimated over 300 billion. A platform for auditable trustless gambling games can provide a better service for the players, and eliminate fraud. A p2p marketplace with built in security audit incentives will allow game developers to use their creativity while maintaining the highest possible security.

    Smart contracts unite all participants in the gambling market and establish commonly understood, honest, and prescribed rules of the game. That eliminates fraud.

    Business model

    Economics of the platform work as a reward system for contribution of value to the whole socio-technical structure - it distributes rewards to independent game developers, community security audit enthusiasts, and the contributors.

    Business Model Picture

    Roadmap



    White Paper:


    Website:

    Github:

    Blog:


    Twitter:

    Slak:


    Team:

    -----------------------------------------------------------------------------------------------------


    For The Game Developers:

    For The Game Developers:

    DAO.Casino wants to eliminate a developer’s need to rely on closed-source gaming markets, make it easier to monetise their work, to raise funds for development, or to expect bankrolling without paying heavy commissions.

    With its focus on offering a sustainable model DAO.Casino offers an environment to developers in which they can build games freely & retain their IP, release their game under open source licences, raise funds and bankroll without needing to rely on central authority. In the subsequend releases of the system in 2017 offer integrated serverless hosting for the front end as well. In this project developers get to receive:

    • Scalable P2P marketplace
    • P2P referral system support
    • Possibility to raise funds for the bank roll
    • Build your own Casino (front-end)
    • Verifiably genuine RNG provided by DAO.Casino
    • IP stays with the dev

    Benefits

    • Large audience

    • the most reliable solution to generate random numbers

    • Each player will additionally participate in the draw of the main jackpot

    • Developer offers the opportunity to obtain funding for the project

    • Audit of contracts

    • The developer gets 25% of the Game profits


    Bounty program

    Our team is looking for developers who are willing to co-create and continuously improve the new generation of casinos.

    You can join the founding team and place your game on a platform

    • 1 %

      to the team that finds and implements the best solution for the calculation of random numbers

    • 3 %

      will be distributed by Founders at 0.1% between the first 30 teams of developers, which will place their games at Dao.Casino.

    Be a Part Of Team:https://docs.google.com/forms/...



  • Game Devs BountyBounty DAO.Casino

    DAO.Casino has announced that it will distribute 3% of all its tokens among the first 30 developement teams that build games on its Ethereum-based decentralised governance system.

    The generous yet well-deserving offer comes in line with the platform’s core aim: to create an open environment where gambling developers get to monetise their work and creativity without giving up their IP. The aforementioned bounty makes developers an active participant in the DAO.Casino system while granting them full control over their content at the same time.

    DAO.Casino offers an autonomous economy, in which no one single party has power to decide whom to pay, and all the resources are distributed automatically, exactly how the protocol governs it and “wants” it to be. That being said, the protocol is designed to reward everyone who contributes value, including the developers. It allows them to:

    fork and create own casino with same smart contracts and jackpots
    raise funds for the bankroll of a game.
    get help with promoting the game (through a referrer system* which runs on tokens)
    use existing solidity contracts from auditedDAO.Casino libraries (and replicate them securely using DAO.Factory)
    get a bunch of tokens that will power theDAO.Casino system after the launch.
    allow token holders to become lenders, random number providers, or even players.
    sell tokens to strangers or give them to friends.

    Our proposal caters for both kind of developers: those who are familiar with Ethereum, and those who are not familiar with it at all. Our team can help the latter with all the decentralised stuff — choose a smart contract template or write one that suits their game logic, or help them to write their own. We can also help to connect their game to the contract using web3.js and to the RNG using Oraclize and other services.

    Why building games on Ethereum makes sense?

    Because it’s introduction as a decentralised system to facilitate, verify, or enforce the negotiation or performance of a contract (known as smart contract), is a relief. Because it enables developers to create applications without relying on somebody else’s backend. It is, to say the least, independent from the control of centralised authorities, thereby making the whole system more sustainable..

    Deploying games to an Ethereum-based platform like DAO.Casino is about two things: 1) opening up decentralised technology for everyone in the indie game world, and 2) distributing tokens to the teams (as we have already discussed above)

    Speaking in terms of decentralisation, game developers get the following benefits while using DAO.Casino:

    You can implement a backend*, i.e. an ingame economy that runs on it’s own (you don’t have to maintain the server) and can potentially run forever
    Games can pay for their own hosting (Check out Swarm developed by the guys at Ethereum Foundation)
    Imagine a game which can hire its own developers, graphic designers, and soundscape designers to work on the next levels and to improve itself? That’s an indie game on steroids. Just make sure your game is not going to fire you.
    The economy of the game, whether it is a gambling game or a game using ingame currency is provably honest, because smart contracts are code which is cryptographically verifiable.

    DAO.Casino — our project — utilises the power of Ethereum in bringing about sustainable improvements in gambling sector; it opens up an open-source environment where game developers can monetise their work, raise funds for development, and bankroll — all without giving away their IP.

    Making indie games more indie

    What an Ethereum-based platform likeDAO.Casino brings to the table is, transparency and security, two of the most important factors that traditional gambling businesses tend to ignore. The subtraction of middlemen from the entire gambling protocol — and the addition of decentralised technologies — ensure that no particular individual or group gets a centralised benefit at any stage of the gambling process.DAO.Casino makes sure to sustain the financial transparency, in times of bounty rewards, funding etc., as it lets mathematics take control of the core model, instead of humans.

    The same transparency also help attractive players to the platform and access your games. Because even they can be ensured that they will receive unmanipulated and fair outcomes on all their bets. It is a productive cycle, overall.

    Not Just Casino, You can Build any Game on DAO.Casino System

    Don’t let our name trick you. AtDAO.Casino, the games don’t have to be classic casino games, it can be anything — a puzzle, a platform, tower defence. It’s just that some of its logic should be expressed in solidity contract, and use random number generation. The example game — HackDAO that we developped for EDCON is both: skill based and luck based (uses random number generator).

    Another thing to remember: what we’re building here is not “our” casino. It’s an autonomous casino. Placing games on DAO.Casino doesn’t mean just placing it here to the alpha UI that we released. We released this UI just because the underlying infrastructure needs at least one human interface where the players can go and discover the games. It means connecting them to the autonomous — and open — decentralised economy which runs on Ethereum network; and is not controlled by any central authority. Business logic is expressed in solidity contracts.

    * Note: Right now you will need to host frontend somewhere. It will be possible to host frontend in a decentralised manner, on the network soon, after we tested and documented decentralised hosting options.

    *Referrer System: In the first implementation of DAO.casino system — all the games will be able to hire their own marketing people. That’s how referrer program will work.



  • The Difference Between DAO and The DAO.DAO.Casino Example

    What does Jack Torrence and Jack Dawson have in common? Truly, both are the famous movie characters; both are played by great actors; and they are well remembered for their portrayal in The Shining and Titanic, respectively. But yes, they do share a common first name, that is Jack. So what if the first Jack tried to kill his family under the influence (of a spirit?), and the other one heroically died protecting his muse’s life during a ship-sinking tragedy, they both are still the same, right?

    DAO.Casino has lately been treated like Jack Torrence, when it is actually the Dawson, Jack Dawson.

    Many people wonder why do we have DAO in our name, when the term has previously been associated with a “hacked” investor-directed venture capital fund. They think — and we don’t blame them for it — that DAO.Casino is somewhat an extension of an organization whose security loop could’d cost them millions worth of Ether.

    Only a couple of days back from the time of this writing, a journalist reached out to us with a very concerned question. He asked:

    How did the Ethereum DAO catastrophe influence your business model? Did you create this before or after Ethereum’s?”

    And this article responds to him, and similarly many others, including individuals from decentralised enthusiasts communities and media houses who want to know the kind of relationship we share with the infamous ‘The DAO’ catastrophe.

    To them we reply: None. And we have a few points to make our case. But before that, let us understand what DAO exactly stands for.

    DAO stands for Decentralised Autonomous Organization, which includes any organization, group, company that is run through rules encoded as computer programs called smart contracts (Source: Wiki). Ethereum, and even Bitcoin, are among many examples of the DAO. Their financial record and program rules are maintained on a public ledger, aka blockchain. That being said, DAO only represents a specific type of organization. While the business models that are based on DAO may vary.

    So, with this said, please observe the following points that clearly explain how The DAO and DAO.Casino differs from one another:

    1. DAO.Casino and The DAO business models are entirely different; they serve different purposes. There is a word DAO in the name
    2. The DAO was the part of one Slockit Project. DAO.Casino has no relation/association with them.
    3. The DAO was a software designed in a form of investor-directed venture capital fund (thanks Wiki for this).DAO.Casino, on the other hand, is a socio-technical system for gaming and gambling industry, and is not an investment fund.
    4. Everything of DAO.Casino — design, architecture, purpose and goal of the software that we are working on — is just radically different from The DAO.

    Keep Calm and Love DAOs

    How far can we let a terminology typecast things that are actually meant for greater good. Why is there even a question that using DAO is somewhat giving us bad publicity? We will try to explain by using this homebrewed example:

    Think of Decentralised Organisation (DOs) and Decentralised Autonomous Organisation (DAOs) as a category of software which can express a business logic. DOs and DAOs can represent any governance model and any business logic, with the only difference from a “normal organisation” that execution of this business logic is not done by a “trusted” third party. Instead it is hardcoded — done by the protocol which executes automatically. Participants can decide whether they want to be a part of the system or not, but once they are, no single party can change the rules.

    In a simplified, non technical way, one might think of it as a constitution, codified in Solidity. Traditional constitutions use separation of powers, so that tasks are assigned to different institutions in such a way that each of them can check the others. As a result, no one institution can become so powerful in a democracy as to destroy this system.

    It is sensible to apply the similar principles to organisations. In DOs and DAOs on Ethereum separation of powers is greater, if by the logic expressed as such in Solidity code and is enabled and partly by cryptography partly by incentive mechanisms for the participants in the system.

    Ethereum is a place where such software can run — because instead of a server that someone can have a control over, Ethereum is a giant decentralised multi-user computer and no single party will be able to change this protocol.

    So we can say that there can be million of projects that can be implemented in both DO and DAO form — investment funds, consumer’s associations, it can be a steering fleet of sailing hackerspaces, or a republic. Just two years back, an artist David Bovill came up with a DAO art project inspired by Plantoid — a bionic sculpture that raises money, in cryptocurrency, to build itself. This idea has been taken forward and developed further by Primavera de Filippi.

    Would it make any sense to compare Plantoid with The DAO project?

    We can never run short on examples. Here’s this one: If you develop an application which is, lets say, an egg timer. And someone else developed an application which is, lets say, a shopping list. And that someone messed something up and the app got exploited and all the private shopping lists were stolen. Would you stop calling your egg timer app an app? Just because of of the gazillion of possible apps got hacked?

    We do understand the prevailing concerns with our project. Right now not even Wikipedia knows that DAOs can come in an infinite shapes, forms and architectures, and states ‘The DAO’ as the only example. We hope that will change soon. But that doesn’t change the fact that DAOs can represent anything from a hedge fund to a workers union, to a fleet of transatlantic catamarans.

    The DAO Failure was Sad

    One of our team members had penned acritical piece on The DAO fiasco. Even then, our take on the entire matter was the same: that The DAO issue had nothing to do with its operating system, i.e. Ethereum. That project’s architecture just centralised a lot of ether, the vulnerability of which became unavoidably tangible. It is likely that no one would have exploited this contract, even in the presence of an exploit, unless the contract held so much Ethers.

    But once again, The DAO was an experiment, not a service. It could very well have been a service that hadn’t raised enormous sums, but still would have got exploited without making a fuss. The problem was in the architecture and implementation.

    We have a lot of respect towards experiments such as The DAO, because any kind of drawback is an opportunity to learn. The monetary loss will always be a sad thing, but let us not brand the term DAO as an intrinsically flawed concept; it has relevance.

    What our team are working on now is, to enable a high degree of autonomy in our software, and its ability to cater for a social & economic system in a particular context. So the concept of DAOs is kind of dear to us. It just doesn’t feel right to start inventing new terms for something that has been already described. Specially if you were following the theoretical developments in this field since a while back, and finally designing and building one.

    Long story short, we just decided to keep the name that we like. And it will probably be slammed in the mainstream media by some. For more details you will be able to check the the architecture that we will publish on this blog this month and see for yourself. We are sure you will be able to differ one Jack from another.

    Though, The DAO didn’t murder anybody. Just saying!

    Dao.casino

    Slack

    @dao.casino



  • DAO.Casino Announces Release of Alpha Decentralized Casino Platform and Dice Game on Smart contracts





    Ethereum-based blockchain platform DAO.Casino announces the release of its new front-end platform and a provably fair dice game.

    The decentralised project, which expresses a business logic to support the growth of a fair and sustainable gaming industry, has till date focused on developing and testing applications in backend. It is now for the first time that DAO.Casino is introducing an alpha-platform that would enable players to discover games, and developers to find players.

    The alpha platform opens in a browser — a simple web-based interface — and it especially caters for users from non-technical backgrounds. Players, therefore, don’t need to know why this particular platform is cheat-proof; they only need to know that it is capable of offering better services, higher payouts and a variety of games from different indie developers.

    “That’s why the DAO.Casino core team, apart from working on the smart contracts / incentive mechanism layer, is releasing a front end platform. To keep the ball rolling, we are also working on games: both in-house and developed by partner teams,” — states Sasha Noxon, the CTO of DAO.Casino.

    This platform is integrated with Ethereum’s testnet, and comes with a small amount of test ether.

    For playing on mainnet players are advised to wait till a fully functioning vault is implemented which is now in progress.

    To deliver an alpha version with the least dependencies on the user side, it is using Infura for the Ethereum node and centrally hosted front end. Consequent releases will use decentralised front end hosting and stand alone applications to interact with the system.

    Platforms need games. DAO.Casino has coupled the release of its alpha platform with the release of its new game, Dice. This makes Dice the third addition to DAO.Casino’s decentralised gaming and gambling ecosystem.

    While the game is still in its test phase, DAO.Casino is already ensuring that its outcomes remains provably fair. It has further released the programming code which underlies the random number generation technique. DAO.Casino, in fact, wants to be better and, as it quotes, “need a more advanced “magical spell” for providing unpredictable results in the Dice game.

    “To take things to the next level, we are working both in-house and with Ethereum developer communities to create an RNG solution which would be scalable and suitable for a new kind of gambling industry,” — states Ilya Tarutov, the CEO of DAO.Casino.

    About DAO.Casino:

    DAO.casino is protocol: an open ecosystem for gambling games that don’t rely on a trusted third party. It is a decentralised governance system built on Ethereum that automatically rewards all developers, auditors and community members for their contributions. Players can discover and play scam-free games by accessing front end platforms with a familiar and straightforward user interface.

    Website: https://dao.casino https://platform.dao.casino Email: team@dao.casino




  • DAO.Casino BankRoller App Beta (VIDEO)

    To get this application, fill out this form http://casino.us1.list-manage1.com/subscribe?u=a3e08ccb6588d9d43141f24a3&id=c5825597c2

    About DAO.Casino:

    DAO.casino is protocol: an open ecosystem for gambling games that don’t rely on a trusted third party. It is a decentralised governance system built on Ethereum that automatically rewards all developers, auditors and community members for their contributions. Players can discover and play scam-free games by accessing front end platforms with a familiar and straightforward user interface.

    Website: https://dao.casino Prototype: https://platform.dao.casino Email: team@dao.casino White Paper: https://github.com/DaoCasino/Whitepaper/ Facebook: https://www.facebook.com/Dao.casino/ Twitter: https://twitter.com/daocasino GitHub: https://github.com/daocasino  Slack Invite: https://dao.casino/slack-invite.html

    @dao.casino



  • DAO.Casino is looking for community managers (BOUNTY CAMPAIGN)

    DAO.Casino project is based on the deep involvement of the community. Therefore, we are ready to reward the participants for becoming our community managers on Bitcointalk and other social media/forums.

    There are only 10 positions open and there is not much time left before the ICO. The most useful contributors will get 0,033% of all issued tokens (around 4500USD) each!

    Community Manager tasks: - Ability to work effectively on daily basis, without being led by the hand (all activities are tracked); - Translation of the announcement on Bitcointalk and other social media/networks/forums/chats; - Answering the questions on Bitcointalk and other social media/networks/forums/chats; - Translation and distribution of news and publications about our project; - Reposting of our posts / tweets in target communities; - Active participation of our social media (twitter, slack, facebook, telegram);  - Making local groups about our project in local social media/networks/forums/chats; - Offer your options, we are open to any suggestions!

    We are interested in the following languages:

    -English (2 positions) 0.066% 

    -Chinese (Putonghua or/and Cantonese) 0.033%

    -Korean 0.033%

     - Japanese 0.033%

     - Russian 0.033%

     - Spanish / Portuguese 0.033% 

    - French 0.033% 

    - German 0.033% 

     - Italian 0.033%

    All other languages is managed by one person (0.033%).




  • Dao.Casino Brings Transparency to Online Gambling with Ethereum Protocol

    Dao.Casino is bringing transparency and fairness to online gambling with their Ethereum-powered system of smart contracts. There are many online gambling sites that deal in cryptocurrencies, but Dao.Casino is the first to develop a decentralized, public protocol that supports provably fair gambling as well as game development for all participants of the gambling industry. Most online gambling casino operators want to prove their honesty, and Dao.Casino’s protocol allows them to do so. By developing the protocol on Ethereum, Dao.Casino removes the need for a trusted third party to arbitrate value transfers.

    Dao.Casino Founder and CEO, Ilya Tarutov, said, “the gambling industry needs an ecosystem that incentivizes contributions from all industry parties, from game developers to players and investors to random number providers and casino operators. Our goal is to change the conversation around online gambling to be centered on fairness and transparency.”

    Ilya Tarutov, Dao.Casino Founder and CEO

    The issue with centralized systems is that they rely on third party intermediaries to arbitrate the process of value transfer, and these human administrators can be corrupted. By developing an ethereum-powered protocol for gambling, Dao.Casino eliminates the corruptible threat posed by single points of failure and replaces third party intermediaries with code executed by the Ethereum network system of smart contracts.

    To incentivize participation by the various parties involved in the gambling industry, Dao.Casino rewards users who create new games, operate casinos, bankroll game development, and contribute random number algorithms with BET-protocol token, Dao.Casino’s in-game token currency. Dao.Casino’s smart contract system ensures that cheating is not economically rational, and if users act maliciously, they lose their tokens.

    Another way to participate in Dao.Casino’s gambling protocol is by becoming a bankroll backer or referrer. Any token holder can become a bankroll backer by supporting a particular game; bankroll backers simply lock their tokens in a game contract of their choice and automatically receive reward. By promoting a game to other players, referrers receive a percentage of tokens generated by the game. The reward received by a referrer depends on whether the new player is an active participant, which ensures that game creators do not share funds with referrers without receiving some benefit in return. When players discover the game without the help of a referrer, the system itself receives the reward.

    Building on Ethereum is still relatively new to many developers and gambling industry participants, and it’s Dao.Casino’s belief that their built-in incentives will attract developer talent who can hone their skills by creating games on the Dao.Casino protocol. The more games are introduced, the more players will be attracted to participate. Dao.Casino’s prototype is already up and running and players can try their hand at Dice and discover new games as they are created. Users can obtain tokens by becoming a random number provider or referrer, or by supporting a crowdfunding campaign.

    Dao.Casino expects early adopters of their protocol to be comprised primarily of Ethereum enthusiasts and those already familiar with decentralized systems, but their system has much wider implications. By automating out the need for trust, the gambling industry can widen its appeal and expand to new markets.

    https://twitter.com/daocasino

    Author,

    Dao.Casino team Blog


    Dao.Casino
    © 2017 DAO.Casino. All Rights Reserved team@dao.casinodao.casino




  • What is DAO.Casino? (VIDEO)


    DAO.casino is protocol: an open ecosystem for gambling games that don’t rely on a trusted third party. It is a decentralised governance system built on Ethereum that automatically rewards all developers, auditors and community members for their contributions. Players can discover and play scam-free games by accessing front end platforms with a familiar and straightforward user interface.

    Website: https://dao.casino 

    Prototype: https://platform.dao.casino  

    Email: team@dao.casino 

    White Paper: https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.md 

    Slack Invite: https://dao.casino/slack-invite.html 

    Facebook: https://www.facebook.com/Dao.casino/ 

    Twitter: https://twitter.com/daocasino 

    GitHub: https://github.com/daocasino 

    Blog: https://medium.com/@dao.casino/ 

    YouTube: https://www.youtube.com/channel/UCug4CLYZzq7KEECY9MIqJBg














  • DAO.Casino Pre-sale Announcement

    Hello!

    DAO.Casino glad to announce our Pre-Sale Stage Campaign. Pre-Sale Stage will start soon and you can apply for it by filling this form.

    Please notice that pre-sale is limited by 50% of all tokens that will be sold.

    The minimum amount to participate at pre-sale - 50 000$  Pre-sale token price:  1 ETH = 2300 BET (DAO.Casino tokens) If you want to reserve tokens on Pre-Sale please fill the form All the necessary information about the Token Distribution Campaign can be found here (github).

    FILL THE FORM FOR PRE-SALE REQUEST

    By,

    Alexandra Fetisova

    DAO.Casino Project Manager




  • DAO.Casino MVP protocol is delivered! Ethereum protocol for gambling is out!

    DAO.Casino is proud to announce the release of an Minimum Valuable Product (MVP) for its blockchain-based gambling protocol, which features several games. The protocol enables cooperation between trustless parties at the gambling market like game developers, casino operators, players, and referrals.

    By building their protocol on the Ethereum blockchain, DAO.Casino is able to eliminate the need for trust between industry participants and bring increased transparency to the gambling ecosystem as a consequence of blockchain technology.

    The Ethereum blockchain is a near-tamper proof platform that enables decentralized applications to run on top of it. The decentralized nature of the platform eliminates the need for third party verification and empowers industry participants to interact and exchange value peer-to-peer.

    “Ethereum is the best network to use for increasing transparency and efficiency in any system. We are using the Ethereum blockchain to transform the gambling industry and support provably fair gambling”
    Ilya Tarutov, DAO.Casino Founder and CEO

    Key Features

    All the transactions between stakeholders are happening in token “BET”. It’s a standard ERC20 token and it will be distributed through a public crowdfunding campaign on the 29th of June shortly after the MVP is released.

    The wallet allows to use a bankroll backing feature. Bankroll backer account is rewarded with BET for taking part in PRNG using the signidice algorithm.

    Signidice algorithm allows the player to receive game results much faster before the new block will be mined (1–3 seconds).

    Our application is available on all platforms — thanks to the framework Electron.js.

    “Electron.js used in Ethereum wallet, and is available throughout all platforms, including Windows, MAC OS, and Linux”.
    Kellas, DAO.Casino desktop App coder

    Referral system keeps track of the registered users. Game revenue is distributed according to how active the players brought by the referrals are.

    Referral system is integrated with Google Analytics, so the referrer can establish where the traffic comes from. Optionally the referrer can connect his wallet with his Google account.

    Bankroll Backer App

    Github: https://github.com/DaoCasino/BankRollerApp

    Fig. 1. Wallet App Interface. Send and recieve BET/Ether, export private key, get free BET from faucet (ropsten testnet). Fig.2. Bankroll backer interface. 1. Link to the game; 2. Link to the contract on Etherscan; 3. Current contract balance (in BET); 4. Net profit from the moment the contract was deployed; 5. Latest games; 6.Create another bankroll (using Factory).

    That’s how the game process looks like — player on iOS, bankroll backer app is running on desktop.

    Download links

    Platform

    Github: https://github.com/DaoCasino/G... Contracts: https://github.com/DaoCasino/GamePortal/tree/master/contracts

    As an engine for authorization and transactions we use lighwallet.js combined with infura.io as a backend. This allows users to play without installing any specialized dependencies (such as metamask) and not to download the entire Ethereum blockchain to the player’s machine. However it is still possible to access the system from full Ethereum clients.

    Fig.3. TestNet Registration. Using a mnemonic phrase (brain wallet) to secure account.

    After the registration user receives 1 BET and 1 Ether from the faucet. This is implemented on testnet for test purposes.

    Fig 4. Platform Interface. The player can withdraw his BET or Ether any time.

    Dice Game

    Github: https://github.com/DaoCasino/D... Contracts: https://github.com/DaoCasino/DiceGame/tree/master/contracts

    Dice is a game developed by DAO.Casino team that supports all roles and functionalities of the system. After registration, a wallet is created, which can be restored by using a mnemonic phrase (see Fig. 3). After that player can access a classic Dice game, and if at least one bankroll backer is connected to the network, than player can start a game. Signidice algorithm allows the player to receive game results much faster, before the new block would be mined (1–3 seconds).


    Fig 5. Dice Game Interface. 1. User account balance; 2. Number of
    bankroll backers available on the network; 3. Game status.; 4. Bankroll
    balance; 5. Risk level; 6. Game start; 7. Link to the current game
    contract on Etherscan; 8. Bankroll backer’s address; 9. Game list.


    “The “approve” function allows the contract to take a small number of tokens from the players balance. This is done in order not to cause the function to “approve” each time”.
    Davy42, Dice Game developer

    Referral system

    Contracts: https://github.com/airalab/dao.casino/blob/master/contracts/Refedice.sol

    Extended referral system includes data about registered users, your referral links and the amount of BET that you have received. BET arrives to your balance immediately, after each game without delays.

    Fig 6. Personal account of the referrer (partner that brings traffic to the game). Statistics on the players brought by the partner, BET rewards and Google Analytics stats.
    “I worked in Cash-Per-Action Networks as webmaster for months and I’m sure that a detailed statistics is crucial for good performance. In DAO.Casino we developing the most detailed traffic reports using Google Analytics”
    Alexander Noxon, DAO.Casino CTO

    For Game developers

    Full documentation for developers will be published on the 26th of June. Meanwhile, please, have a look at the bounty program here and subscribe to game developers list.

    For Casino Operators (White Label)

    Casino operators can customize their frontend platform according to their needs. It is possible to integrate Shapeshift if required. You can find all necessary information by this link on our Github.

    Future Plans

    Signidice based on Elliptic Curve Digital Signature Algorithm with custom initial point. This Algorithm supported in Ethereum by default, but bankroller can cheat. We must check initial point on elliptic curve in smart contract or use RSA (EIP-74) or another deterministic algorithm.

    Another problem all transactions burn ~5$ tx fee everytime (for every “hit” in blackjack or “roll” in dice). So we must implement technology like Lightning in our system. Stay tuned for further updates.

    Essential Links

    Website: https://dao.casino Prototype: https://platform.dao.casino GitHub: https://github.com/daocasino Email: team@dao.casino White Paper: https://github.com/DaoCasino/Whitepaper/blob/master/DAO.Casino%20WP.md Slack Invite: https://dao.casino/slack-invite.html Facebook: https://www.facebook.com/Dao.casino/ Twitter: https://twitter.com/daocasino Blog: https://medium.com/@dao.casino/ YouTube: https://www.youtube.com/channel/UCkggi9VnPJ0qUzfj7h70-pQ

    Dao.Casino
    GitHub is where people build software. More than 22 million people use GitHub to discover, fork, and contribute to over…github.com



  • DAO.Casino Token Sale announce + MVP protocol release

    DAO.Casino is proud to announce that our Token Sale Campaign will start on June 29th, 01:00 PM GMT.

    Also, we remind you, our Minimum Viable Product already released, and if you're interested please read this report. If you need additional information, please read this presentation for investors.

    If you want to participate on Pre-Sale stage and get 15% bonusreply to this letter or send an email to a@dao.casino.

    PLACE A REQUEST FOR PRE-SALE

    By,

    Alexandra Fetisova

    DAO.Casino Project Manager



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