Edgeless Casino Crowsale - 06

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EDGELESS CASINO

CROWDSALE
WHITEPAPER
EXECUTIVE SUMMARY

THE ONLINE GAMBLING INDUSTRY WAS VALUED AT USD 45.86 BILLION IN 2016. HOWEVER, IT HAS TWO MAJOR PROBLEMS: THE PRICE OF THE
GAMBLE AND TRANSPARENCY. THE PRICE OF THE INDIVIDUAL GAMBLE COMES FROM USER-UNFRIENDLY RULES: A LARGE HOUSE EDGE OF 1% -
15% (REF. EXPN SECTION NR. 1), MONEY DEPOSIT/WITHDRAWAL FEES AND 2 - 3 DAYS WITHDRAWAL DELAYS. IN ADDITION, THERE IS NO WAY OF
KNOWING WHAT IS HAPPENING INSIDE THE CASINO’S SERVERS AND HOW THE MECHANISMS ARE PROGRAMMED. IT CAN BE EASILY RIGGED.
PLAYERS NEED TO RELY ON TRUSTING THE CASINO, WHICH IS MOST LIKELY NOT THE BEST OPTION IN SUCH A PROFIT-DRIVEN INDUSTRY.
IN 2008, BITCOIN AND CRYPTOCURRENCIES SOLVED THE GAMBLING PRICE PROBLEM. CRYPTOCURRENCY CASINOS ARE COST EFFECTIVE AND
CAN OFFER A 0.01% - 2% HOUSE EDGE, WITH INSTANT MONEY TRANSACTIONS WITHOUT ANY FEES AND ANONYMITY. HOWEVER, THE
TRANSPARENCY PROBLEM IS STILL THERE. CASINOS CAN EASILY RIG THE GAME OR HIDE PROFITABILITY FROM THE INVESTORS.
USING ETHEREUM SMART CONTRACTS (REF. EXPN SECTION NR. 1.5), WE CAN HAVE A LOW PRICE PER GAMBLE AND SOLVE THE TRANSPARENCY
PROBLEM. RANDOM NUMBERS AND PAYOUTS CAN BE RULED BY SMART CONTRACTS WHICH ARE FULLY PUBLIC AND IMPLEMENTED ON AN
ETHEREUM BLOCKCHAIN. NOW PLAYERS CAN SEE EVERYTHING: TRANSACTIONS, SUMS, BETS, THE REASONS WHY TRANSACTIONS ARE
MOVING AND, MOST IMPORTANTLY, THE MECHANISM OF RANDOMNESS. IF THE CASINO TRIED TO RIG THE ODDS, IT WOULD BE IMMEDIATELY
SPOTTED.
OUR TEAM BRINGS THE FIRST ABSOLUTELY TRANSPARENT, ZERO EDGE CASINO TO THE MARKET - DECENTRALISED EDGELESS CASINO. AT THIS
POINT IN TIME, THERE ARE NO CASINOS LIKE THIS IN THE WORLD.
OUR CASINO WILL OFFER A 0% EDGE WITH BLACKJACK, 0% EDGE WITH VIDEO POKER, MICRO-LIMIT DICE AND SPORTS BETTING. ALL GAMES
WILL BE BASED ON THE ETHEREUM SMART CONTRACT AND WILL ENSURE ABSOLUTE TRANSPARENCY.
EXECUTIVE SUMMARY (CONT.)

THE BUSINESS WILL SUSTAIN ITSELF IN TWO WAYS:


1. FROM THE PLAYERS’ IMPERFECT PLAY. BLACKJACK AND VIDEO POKER ARE GAMES OF
SKILL AND LUCK. IF PLAYERS MAKE PERFECT DECISIONS, THEY WILL REACH A 0% EDGE. N
AVERAGE, HOWEVER, A PLAYER MAKES MISTAKES, SO IT WILL GIVE A -0.83% EDGE TO THE
CASINO AND THIS 0.83% WILL BE EARNED FROM THE MONEY WAGERED.
2. SPORTS BETTING IS ABOUT CONNECTING PLAYERS WHO ARE BETTING AGAINST EACH
OTHER AND TAKING THE FACILITATION FEE TO MANAGE THE PROCESS. THE FEE DEPENDS
ON THE GAME TYPES, THE NUMBER OF PARTICIPANTS, BONUSES AND MORE. IT IS
DYNAMIC, FLOATING IN THE RANGE OF 0% - 10%. APPROXIMATELY 4% IS EARNED FROM
THE MONEY WAGERED.
EXECUTIVE SUMMARY (CONT.)

EDGELESS PROJECT:
• 40% OF ALL EDGELESS CASINO’S PROFIT WILL BE SENT TO THE “EDGELESS LOUNGE” PRIZE POOL.
THE LOUNGE GAME IS A SPECIAL LOTTERY GAME DESIGNED TO FAVOR THE PLAYER. EACH MONTH
EDG TOKENS CAN BE USED TO PLAY THE LOUNGE GAME AND WIN A SHARE OF THE PRIZE POOL.
• EDGELESS CASINO IS FULLY TRANSPARENT SINCE IT IS BASED ON ETHEREUM SMART CONTRACTS.
• EDGELESS CASINO PLAYERS WILL TRUST THAT THE CASINO WILL NOT CHEAT THEM.
• EDG SHAREHOLDERS WILL ALWAYS BE SURE THAT EDGELESS CASINO IS TRANSPARENT BY IT PROVIDING
THE FULL AMOUNT OF EARNED PROFIT.
• EDG TOKEN HOLDERS CAN TRUST THAT EVERY MONTH, 40% OF EDGELESS’S PROFIT WILL BE
TRANSFERRED TO THE “EDGELESS LOUNGE” PRIZE POOL.
EXECUTIVE SUMMARY (CONT.)

• EDGELESS IS THE FIRST CASINO WITH 0% EDGE BASED ON THE ETHEREUM


BLOCKCHAIN
• EDGELESS CASINO WILL HAVE STRONG COMPETITIVE ADVANTAGES (0% EDGE,
TRANSPARENCY) TO INCREASE ITS MARKET SHARE IN ORDER TO BECOME A
SUSTAINABLE BUSINESS.
• EDGELESS CASINO WILL PROVIDE MANY GAMBLING GAMES (BLACKJACK, VIDEO
POKER, DICE, SPORTS BETTING).
EXECUTIVE SUMMARY (CONT.)
LET’S DECENTRALISE AND SOLVE THE MAIN ONLINE GAMBLING PROBLEMS!
Traditional Online Casino Bitcoin Online Casino Edgeless Online Casino (Based
on Ethereum Smart
Contracts)
House Edge 1% - 15% 1% - 0.1% 0%

No logins/ registrations needed x Yes Yes


for casino users
Free money withdrawals and x Yes Yes
deposits
No delay to money withdrawals x Yes Yes
and deposits
100% anonymity provided by a x Yes Yes
cryptocurrency
Random number fairness check x Yes Yes

Fully transparent random x x Yes


number fairness check
Transparency guided by x x Yes
Ethereum smart contract
Impossible for intentional x x Yes
casino profits draining
PRICE AND TRANSPARENCY PROBLEMS OF
ONLINE GAMBLING
AS STATED BEFORE, IN 2016 THE ONLINE GAMBLING INDUSTRY WAS VALUED AT USD 48.6 BILLION AND HAS
SHOWN STEADY GROWTH EACH YEAR. MOST OF A CASINO’S PROFITS COME FROM THE “HOUSE EDGE”. THE
HOUSE EDGE IS A TERM USED TO DESCRIBE THE MATHEMATICAL ADVANTAGE THAT THE GAMBLING GAME (AND
THEREFORE THE COMMERCIAL GAMBLING VENUE) HAS OVER YOU AS YOU PLAY. THIS ADVANTAGE RESULTS IN
AN ASSURED PERCENTAGE RETURNED TO THE HOUSE OVER THE DURATION OF PLAYING TIME, AND FOR YOU, IT
IS AN ASSURED PERCENTAGE LOSS OF WHAT YOU BET.
IMAGINE THAT YOU ARE PLAYING ROULETTE AND YOU BET $100 ON THE COLOUR RED. AS ROULETTE HAS A
NUMBER ZERO COLOURED IN GREEN WHICH IS NEITHER RED OR BLACK, THE HOUSE GETS AN ADVANTAGE OF
2.7% THAT IS CALCULATED THUS: 100 : (36 +1) = 2.7%
SO IF THE HOUSE HAS AN EDGE, YOU ULTIMATELY LOSE EVERY TIME. IF YOU BET $10, YOUR EXPECTED LOSS IS
$0.27. IN ONE HOUR, YOU CAN SPIN APPROXIMATELY 20 - 25 TIMES. IF EVERY TIME YOU BET $10, THEN IN THAT
HOUR YOU ARE EXPECTED TO LOSE $5.4 - $6.75.
PRICE AND TRANSPARENCY PROBLEMS OF
ONLINE GAMBLING (CONT.)
THIS LOSS CAN BE CALCULATED USING THE EXPECTED VALUE (EV) FORMULA: EV = (PROB.WIN) (GAIN) - (PROB.LOSE)
(GAIN)
LET’S SAY YOU ARE BETTING $10 ON RED WHICH GIVES YOU AN EXPECTED $20 WIN AND $10 IS YOUR EXPECTED LOSS.
ROULETTE HAS 18 BLACK FIELDS, 18 RED FIELDS AND 1 GREEN ZERO. WHEN YOU PUT ALL THE VARIABLES IN THE
EQUATIONS, THIS IS WHAT YOU GET:
EV = $20(18/37 )+ $0(19/37) = $9.73 + $0 = $9.73
IF YOU BET $10 ON A ROULETTE RED, AT THE END OF THE GAME THEN YOU ARE EXPECTED TO HAVE $9.73. AND $0.27 IS
LOST DUE TO THE HOUSE EDGE. THIS MEANS THAT FOR EACH $10 THAT YOU BET, YOU ARE GIVING AWAY 27 CENTS TO
THE HOUSE. OF COURSE IN REAL LIFE, NUMBERS DO NOT HIT EXACTLY LIKE THAT AND WE MAY HAVE A BIGGER RANGE
OF WINS AND LOSES. HOWEVER, IF WE MERGE THE DATA FROM ALL PLAYERS AND CALCULATE IT IN THE LONG RUN,
THEN THE EV SHOWS THE ACTUAL SUM THAT CASINOS ARE PROFITING FROM.
THE HOUSE EDGE IS DIFFERENT FOR EACH GAME
PRICE AND TRANSPARENCY PROBLEMS OF
ONLINE GAMBLING (CONT.)
TECHNICALLY, THE ‘HOUSE EDGE’ IS THE PRICE THAT PEOPLE PAY FOR THE GAMBLING EXPERIENCE AS A WHOLE. WHICH IS NOT
THAT BIG IF YOUR BETS ARE REASONABLE AND YOU ARE PLAYING IN LAS VEGAS. THERE ARE TOURISTS WHO GET FREE DRINKS,
FREE MEALS, NIGHT ENTERTAINMENT SHOWS, GOOD TRAVEL DEALS AND MANY MORE BENEFITS SUCH AS INSTANT CASH
DEPOSITS AND WITHDRAWALS.
HOWEVER, ONLINE CASINOS ARE ALMOST A DIFFERENT INDUSTRY IN COMPARISON. YOU DON’T GET GOOD TRAVEL DEALS OR
FREE MEALS, AND PLAYERS PAY MORE FOR THE RAW EXPERIENCE OF JUST THE GAMBLE ITSELF. THE MATHEMATICAL HOUSE
EDGE IS THE SAME, BUT YOU HAVE TO PAY FOR EXTRAS, SUCH AS DEPOSITING MONEY AND WITHDRAWAL FEES (MOST ONLINE
CASINOS CHARGE). FURTHERMORE, THERE IS USUALLY A DELAY WITH REGARDS TO WITHDRAWING AND CASINOS USUALLY TAKE
2 - 3 DAYS TO SEND YOU THE MONEY. THAT BARRIER TO TAKING YOUR MONEY OUT OF THE VIRTUAL CASINO IMMEDIATELY
BECOMES HOW THE INDUSTRY PROFITS EVEN MORE. IN A REAL CASINO - IF YOU WIN A DECENT SUM OF MONEY, YOU CAN RUSH
TO THE CASHIER, CASH OUT IN SECONDS AND CELEBRATE YOUR WIN. IN AN ONLINE CASINO, YOU KNOW THAT YOU CANNOT
CELEBRATE YOUR WIN RIGHT AWAY AND NEED TO WAIT. DURING THAT WAITING TIME, A LOT OF PEOPLE COME BACK TO THE
TABLE AND LOSE THEIR WINNINGS.
THE WORST PART - EVEN WITH ALL OF THE MONEY MAKING TOOLS AVAILABLE (DEPOSIT, WITHDRAW FEES, WITHDRAW DELAYS,
HOUSE EDGE), IT’S NOT ENOUGH FOR THE INDUSTRY. ON SOME OCCASIONS, THEY EVEN RIG THE ODDS TO INCREASE THE HOUSE
EDGE SIGNIFICANTLY AND SCAM MONEY FROM THEIR OWN PLAYERS. CURRENTLY THERE IS NO WAY OF CHECKING THE
TRANSPARENCY OF A CASINO.
TO SUM UP, WE HAVE TWO MAJOR PROBLEMS IN THE ONLINE GAMBLING INDUSTRY: THE PRICE OF THE GAMBLE AND HOUSE
TRANSPARENCY. AS THIS INDUSTRY IS GROWING RAPIDLY, THESE PROBLEMS BECOME EVER MORE RELEVANT.
RISE OF THE CRYPTOCURRENCY REDUCE
THE GAMBLE PRICE
ONE OF THE REASONS WHY ONLINE CASINOS HAVE A DEPOSIT FEE, WITHDRAWAL FEES AND EXTENDED WITHDRAWAL
TIMES ARE TO DO WITH PROBLEMS RELATED TO TRADITIONAL FORMS OF CURRENCY SUCH AS USD AND EUR. TO MOVE
TRADITIONAL CURRENCY FROM ONE ACCOUNT TO THE OTHER IS EXPENSIVE. IT HAS TO GO THROUGH MANY THIRD
PARTIES AND REGULATORS WHICH TAKE THEIR BIT OUT OF EVERY TRANSACTION. IN 2008, CRYPTOCURRENCY BITCOIN
CAME TO LIFE AND STARTED CHANGING A LOT OF AREAS OF OUR LIVES INCLUDING THE ONLINE GAMBLING INDUSTRY.
BY PROVIDING INSTANT AND LOW COST CURRENCY TRANSACTIONS, BITCOIN BECAME A GAME CHANGER FOR ONLINE
CASINOS. NOW, ANYONE CAN A RUN CASINO AND OFFER SERVICES WITHOUT ANY EXTRA FEES WITH INSTANT MONEY
DEPOSITS/WITHDRAWALS AND FULL ANONYMITY. SOME ROOMS OFFER A HOUSE EDGE THAT IS LOWER THAN 1%,
WHICH IS MORE OF A FAIR BET. THIS SIGNIFICANTLY IMPROVES THE QUALITY OF THE GAMBLE AS A WHOLE.
THAT’S WHY CRYPTOCURRENCY-BASED ONLINE CASINOS ARE ON THE RISE. RIGHT NOW, WE HAVE MORE THAN 100
ROOMS BASED ON A CRYPTOCURRENCY WHICH ACCOUNTS FOR 10 BILLION BETS AND IS GROWING EACH YEAR. IN
FACT, 60% OF ALL BITCOIN TRANSACTIONS ARE GAMBLING-RELATED. HOWEVER, ONE MAJOR PROBLEM HAS NOT BEEN
SOLVED YET: TRANSPARENCY. EVEN AFTER THE COST OF THE GAMBLE HAS BEEN REDUCED SIGNIFICANTLY, WE STILL
HAVE MANY ROOMS RIGGING THE ODDS AND STEALING FROM CUSTOMERS. FAMOUS CASES OF BITCOIN CASINOS
RIGGING THE ODDS CAN BE FOUNDER HERE AND HERE. SO, ONE MAJOR PROBLEM IS LEFT: TRANSPARENCY
FAIRNESS CHECK’S PROBLEMS AND
LIMITATIONS
FAIRNESS CHECK’S PROBLEMS AND
LIMITATIONS

RANDOM NUMBER GENERATOR

EXPLANATION OF FAIRNESS CHECK


ONLINE CASINOS CREATE A RANDOM NUMBER USING A COMBINATION OF CASINO AND CLIENT NUMBERS. THE CASINO
ASSIGNS THEIR OWN NUMBER AUTOMATICALLY AND THE VISITOR CAN DO IT MANUALLY OR LET THE CASINO DECIDE FOR
THEM. THE TWO NUMBERS ARE BLENDED TO PROVIDE A RANDOM OUTCOME. THE IDEA BEHIND IT IS THAT THE CASINO
CAN RIG THEIR OWN NUMBER, BUT THEY WOULD NOT BE ABLE TO RIG THE CLIENT’S NUMBER AND THEREFORE THE
OUTCOME WILL BE RANDOM. THEREFORE A CASINO WOULD NOT ABLE TO CHEAT.
OVERSIMPLIFIED EXAMPLE: CASINO IS ASSIGNED A NUMBER (ALSO KNOWN AS A SEED), VISITOR ASSIGNS THE OTHER
NUMBER (SEED). THE VISITOR CAN SET IT MANUALLY BEFORE EVERY GAME OR LET THE CASINO DECIDE. BOTH NUMBERS
ARE BLENDED INTO ONE NUMBER AND USING A FORMULA (IT’S UNKNOWN TO THE PLAYER AND DETERMINED BY THE
CASINO OTHERWISE THE PLAYER COULD PREDICT THE FINAL OUTCOME) - THE RANDOM NUMBER IS GENERATED. AFTER
THE GAME, VISITORS CAN USE A SPECIAL KEY (HASH, INFORMATION ACCESS CODE/LABEL/TAG) TO ACCESS THE
INFORMATION RELATED TO THAT GAME AND SEE WHAT SEEDS WERE BLENDED AND WHICH NUMBER WAS GENERATED AS
THE RESULT.
FAIRNESS CHECK’S PROBLEMS AND
LIMITATIONS

LOOPS IN FAIRNESS CHECK

1) THE CASINO CAN EASILY INFLUENCE THE CLIENT’S SEED BY ASSIGNING IT THEMSELVES (THAT’S THE CASE IN
MOST CASINOS, BECAUSE AN AVERAGE PLAYER IS NOT GOING TO TYPE AND GIVE A RANDOM NUMBER BEFORE
EVERY GAMBLE ROUND - EVEN IF THEY HAVE THIS OPTION)
2) THE CLIENT ENTERED THE SEED ONCE AND IS NOT CHANGING IT. THE CASINO CAN IDENTIFY IT AND USE THAT
INFORMATION TO ADJUST THEIR OWN SEED.
3) THE CASINO CAN DELAY CREATING THEIR OWN SEED AND PROVIDE IT TO THE ‘BLENDER’ ONCE THE VISITOR
HAS SENT THEIRS. THEN THE CASINO CAN ADJUST THEIR OWN SEED TO THE CLIENT’S.
EVEN IF CLIENT SEES THAT THE ‘RANDOMNESS’ OF THE CASINO IS ON THE RIGHT TRACK, THE CASINO STILL HAS
THE ABILITY TO FREEZE A PLAYER'S ACCOUNT WITHOUT REASON AND STEAL THE DEPOSIT, SINCE THESE ACTIONS
DEPEND ON HUMANS’ DECISIONS BUT NOT ON NON-CHANGEABLE FULLY TRANSPARENT AND DECENTRALIZED
SMART CONTRACTS. THERE ARE SO MANY WAYS OF CHEATING THAT IT IS CLEAR THAT A NEW GENERATION OF
ONLINE CASINOS IS NEEDED.
FAIRNESS CHECK’S PROBLEMS AND
LIMITATIONS

BITCOIN CASINO CAN ALSO DRAIN


INVESTORS PROFITS
A LOT OF CRYPTOCURRENCY CASINOS OFFER INVESTMENT OPPORTUNITIES FOR PEOPLE. THEY CAN INVEST
INTO THE CASINO'S BANKROLL AND GET A SHARE OF A CASINO’S PROFITS. ALL CRYPTOCURRENCY
TRANSACTIONS ARE PUBLIC ON THE BLOCKCHAIN SO IT IS EASY TO SEE THE EXACT PROFITS EVERY DAY.
THAT’S WHY THIS INVESTMENT LOOKS REALLY ATTRACTIVE. HOWEVER, THERE IS A WAY THAT CASINOS CAN
DRAIN PROFITS FROM THEIR WALLET AND PAY LESS TO INVESTORS.
BLOCKCHAIN CAN SEE ALL TRANSACTIONS AND THE SUMS TRANSFERRED. HOWEVER THEY CANNOT SEE THE
REASONS WHY TRANSACTIONS ARE MOVING OR WHAT IS HAPPENING INSIDE THE CASINO’S SERVER. THIS
SCHEME CAN BE DONE IN LOW SUMS AND SYSTEMATICALLY OVER THE YEAR. AT THE END OF THE YEAR,
INVESTORS WOULD SEE THE TOTAL CASINO’S PROFIT AND CALCULATE THE EV BASED ON THEIR EDGE. F A
CASINO’S PROFITS ARE 10% LESS THAN EXPECTED, HOWEVER, NO ONE WOULD SUSPECT THAT THE OWNER
TOOK IT. AND 10% FROM HALF A MILLION IS $50,000. THAT IS ONE WAY THAT CASINOS CAN LOWER THEIR
PUBLIC PROFITS AND STEAL MONEY AS A RESULT.
EDGELESS CASINO SOLUTION

THIS IS WHY WE WILL BE DEVELOPING EDGELESS - A NEXT GENERATION CASINO. EDGELESS CASINO
WILL BE BUILT ON THE ETHEREUM BLOCKCHAIN. ALL OF THE KEY OPERATIONS WILL BE REGULATED BY
SMART CONTRACTS, GIVING USERS A FULLY TRANSPARENT EXPERIENCE.
WE WILL BE USING THE CLIENT’S SEED AND OUR OWN SEED TO GENERATE RANDOMNESS. THE MAIN
DIFFERENCE WITH BITCOIN CASINOS WILL BE THAT USERS WILL KNOW OUR HASHED (SHA512) SEED
BEFORE BETTING AND BEFORE GENERATING THEIR OWN CLIENT SEEDS. BECAUSE OF THAT THERE IS NO
WAY FOR US TO ALTER THE RESULTS. AFTER BET IS MADE, CLIENT WILL BE ABLE TO SEE OUR UNHASHED
SEED ON ETHEREUM BLOCKCHAIN AND VERIFY THE RANDOMNESS. MOREOVER, CLIENTS WILL HAVE
TWO OPTIONS FOR GETTING RANDOM SEEDS. THE FIRST ONE IS TO TYPE IT IN MANUALLY BEFORE EVERY
GAME; THIS WOULD ELIMINATE ANY ABILITY TO CHEAT THE CLIENTS. THE SECOND ONE, WHICH WILL BE
USED BY DEFAULT, IS TO GENERATE DIFFERENT CLIENT SEEDS AUTOMATICALLY FOR EVERY GAME BY
USING AN API INTEGRATION WITH RANDOM.ORG. SMART CONTRACTS WILL BE PUBLICLY AVAILABLE ON
THE BLOCKCHAIN FOR EVERYONE TO EXAMINE AND TO TEST ITS RANDOMNESS PROCEDURE.
EDGELESS BASED ON ETHEREUM SMART
CONTRACTS - FULL TRANSPARENCY
IN 2015, THE CREATION OF THE ETHEREUM SMART CONTRACT IS ANOTHER MAJOR GAME CHANGER FOR ONLINE GAMBLING. RIGHT NOW, WE
CAN SOLVE THE TRANSPARENCY ISSUE ONCE AND FOR ALL. USING A SMART CONTRACT, THERE IS NO WAY THAT CASINOS CAN RIG THE ODDS
EVEN IF THEY WANTED TO. THAT MEANS IN 2017, WE CAN HAVE “THE PERFECT ONLINE CASINO” WHICH CAN OFFER 0% HOUSE EDGE AND
100% TRANSPARENCY. THAT’S A NEXT GENERATION GAMBLING PRODUCT WHICH IS THE BEST IN A CURRENT MARKET AND DOES NOT EXIST.
YET.
THE REAL POWER OF SMART CONTRACTS IS THAT IF THEY ARE PROPERLY IMPLEMENTED ON ETHEREUM BLOCKCHAIN, THEY WILL ACT EACH
AND EVERY TIME HOW THEY ARE SUPPOSED TO. THAT IS TRULY TRUST-FLAWLESS TECHNOLOGY THAT EVENTUALLY ALL ONLINE CASINOS
WILL BE USING. ALSO, IT IS NEAR IMPOSSIBLE TO CENSOR SMART CONTRACTS, BECAUSE THEY ARE PLACED IN A DECENTRALIZED
INFRASTRUCTURE. ALL ETHEREUM SMART CONTRACTS WILL BE PUBLICLY AVAILABLE FOR EVERYONE TO SEE AND EXAMINE.
OUR EDGELESS TOKENS WILL BE SOLD VIA ETHEREUM-BASED SMART CONTRACTS. THIS MEANS THAT ALL INVESTORS WILL BE 100% SURE
THAT IF THEY SEND 100 ETHERS TO THE CROWDSALE SMART CONTRACT, THEN THEY WILL GET 12,000 EDG TOKENS DURING OUR POWER
HOUR SALE GUARANTEED.
IN THE SAME TRUSTWORTHY WAY THAT OUR CASINO WILL BE OPERATED, IF A USER BETS ON A PARTICULAR GAME, THEY CAN BE 100% SURE
THAT THEIR RESULT WILL BE TRULY RANDOM AND THAT THEY WILL GET THEIR WIN TRANSFERRED DIRECTLY INTO THEIR WALLET. THE
CASINO WILL NOT BE ABLE TO SUSPEND THE TRANSACTION OR REDIRECT IT TO ANOTHER WALLET.
EDGELESS BASED ON ETHEREUM SMART
CONTRACTS - FULL TRANSPARENCY (CONT.)
HOW EDGELESS CASINO CAN BE A
PROFITABLE BUSINESS OFFERING 0%
HOUSE EDGE?
HOW EDGELESS CASINO CAN BE A
PROFITABLE BUSINESS OFFERING 0%
HOUSE EDGE?

PLAYER MISTAKES AND IMPERFECT PLAY

MOST CASINO GAMES DO NOT REQUIRE ANY SKILL TO PLAY OR CHANGE THE ODDS LIKE
ROULETTE, DICE, AND SLOTS. HOWEVER, THERE ARE A FEW GAMES WHICH COMBINE LUCK AND
SKILL. BY PROVIDING MORE OPTIONS - BLACKJACK, VIDEO POKER - PLAYERS CAN INFLUENCE
HOUSE EDGE. THAT MEANS THAT THE HOUSE EDGE DEPENDS ON THE SKILL LEVEL OF THE
PLAYER. BLACKJACK IS THE GAME WHICH HAS THE LOWEST CASINO EDGE (0.6%) IF PLAYED
PERFECTLY. THE AVERAGE PLAYER, HOWEVER, DOES NOT PLAY THE ‘PERFECT GAME’ AND THEY
MAKE MISTAKES. BLACK JACK PROVIDES A VARIETY OF DECISIONS TO THE PLAYER AND BASED
ON THAT, THEY CAN INCREASE OR DECREASE THEIR CHANCE OF WINNING. ON AVERAGE, A
PLAYER MAKES MISTAKES WHICH ARE EQUIVALENT OF 1.43%. IF WE OFFER A 0% HOUSE EDGE
GAME, MISTAKES COUNT FOR A 0.83% HOUSE EDGE. THAT MEANS ON EVERY $100 BET, AN
AVERAGE PLAYER GIVES 83 CENTS TO THE HOUSE.
HOW EDGELESS CASINO CAN BE A
PROFITABLE BUSINESS OFFERING 0%
HOUSE EDGE?

GAMBLERS’ RUIN AND VARIANCE

GAMBLER’S RUIN ADDS AN EXTRA PROFIT TO THE CASINO. A


GAMBLER WITH FINITE WEALTH PLAYING A FAIR GAME (BOTH SIDES
HAVE EQUAL CHANCE OF WINNING - 0% HOUSE EDGE) WOULD LOSE
AGAINST AN OPPONENT WITH INFINITE WEALTH. IT’S QUITE SIMPLE;
A LARGER BANKROLL CAN ABSORB HIGHER LEVELS OF VARIANCE.
AND SMALL BANKROLLS CAN’T. THAT MEANS A SMALL PLAYER
WOULD BUST MORE EVEN IF THE CASINO HAS A 0% EDGE.
HOW EDGELESS CASINO CAN BE A
PROFITABLE BUSINESS OFFERING 0%
HOUSE EDGE?

HOW WILL WE REDUCE AN EDGE TO 0%?

CASINO HAS A BLACKJACK EDGE BECAUSE THEY HAVE BEST DECISION MAKING
POSITION - THE LAST ONE. THAT MEANS THAT PLAYERS CAN BUST BEFORE THE
HOUSE EVEN DRAWS A CARD. TO COMPENSATE FOR THIS EDGE, THE HOUSE GIVES
ADDITIONAL BONUSES TO THE PLAYER SUCH AS 1 TO 3 PAYOFF IN THE CASE OF
BLACKJACK, AND THE ABILITY TO DOUBLE BET IF CASINO HAS A BAD CARD. THAT’S
EXACTLY WHAT WE WILL DO - INCREASE THESE ADDITIONAL BONUSES BY
REDUCING HOUSE EDGE TO 0%. ACTUALLY SUCH GAME MODELS ALREADY EXIST -
VOYAGES CASINO HAS ONE. HOWEVER, THEY CHARGE 10% FOR MONEY WITHDRAWS
AND THERE IS NO WAY OF KNOWING IF THEY ARE RIGGING THE ODDS OR NOT.
HOW EDGELESS CASINO CAN BE A
PROFITABLE BUSINESS OFFERING 0%
HOUSE EDGE?

GAMES PROVIDED BY EDGELESS CASINO

BASED ON RESULTS OF THE CROWDSALE, THESE ARE THE FOLLOWING GAMES WHICH EDGELESS CASINO WILL
OFFER.
0% EDGE BLACKJACK AND VIDEO POKER - THE PAYOUT STRUCTURE WILL BE CHANGED IN FAVOUR OF THE PLAYER,
SO THE HOUSE EDGE WOULD BE REDUCED TO ZERO. HERE, YOU CAN PLAY A DEMO OF ZERO EDGE BLACKJACK:
HTTPS://BETVOYAGER.COM/GAMES/EQUAL-ODDS/
MICRO LIMITS DICE. THE GAME RULES RESULT IN A 0.05% EDGE. IN THE FIRST YEAR, PLAYERS WILL BE ALLOWED TO
BET ONLY MICRO SUMS. THE CONCEPT IS SIMILAR TO MOST BITCOIN DICE CASINOS, HOWEVER THE PAYOUT
STRUCTURE WILL BE FAIRER. IF YOU BET 1BTC ON 50%, MOST BITCOIN CASINOS WILL OFFER 1.98X PAYOUT. WE WILL
OFFER A 1.995X FAIR BET PAYOUT.
SPORTS BETTING - IT’S NOT REALLY A TRADITIONAL CASINO GAMBLING GAME, BUT IN ORDER TO ATTRACT A WIDER
SCOPE OF PEOPLE, WE WANT TO OFFER MORE GAMES.
IN THE FUTURE, WE WILL EXPAND ON THE GAMES OFFERED BY OUR CASINO.
HOW EDGELESS CASINO CAN BE A
PROFITABLE BUSINESS OFFERING 0%
HOUSE EDGE?

GAMES PROVIDED BY EDGELESS CASINO

BASED ON RESULTS OF THE CROWDSALE, THESE ARE THE FOLLOWING GAMES WHICH EDGELESS CASINO WILL
OFFER.
0% EDGE BLACKJACK AND VIDEO POKER - THE PAYOUT STRUCTURE WILL BE CHANGED IN FAVOUR OF THE PLAYER,
SO THE HOUSE EDGE WOULD BE REDUCED TO ZERO. HERE, YOU CAN PLAY A DEMO OF ZERO EDGE BLACKJACK:
HTTPS://BETVOYAGER.COM/GAMES/EQUAL-ODDS/
MICRO LIMITS DICE. THE GAME RULES RESULT IN A 0.05% EDGE. IN THE FIRST YEAR, PLAYERS WILL BE ALLOWED TO
BET ONLY MICRO SUMS. THE CONCEPT IS SIMILAR TO MOST BITCOIN DICE CASINOS, HOWEVER THE PAYOUT
STRUCTURE WILL BE FAIRER. IF YOU BET 1BTC ON 50%, MOST BITCOIN CASINOS WILL OFFER 1.98X PAYOUT. WE WILL
OFFER A 1.995X FAIR BET PAYOUT.
SPORTS BETTING - IT’S NOT REALLY A TRADITIONAL CASINO GAMBLING GAME, BUT IN ORDER TO ATTRACT A WIDER
SCOPE OF PEOPLE, WE WANT TO OFFER MORE GAMES.
IN THE FUTURE, WE WILL EXPAND ON THE GAMES OFFERED BY OUR CASINO.
“EDGELESS LOUNGE” AND EDG TOKENS

EDGELESS CASINO IS BASED ON ETH CURRENCY. EACH MONTH 40% OF


CASINO PROFITS WILL BE SENT TO THE “EDGELESS LOUNGE” PRIZE POOL.
TRANSFER PROCESS WILL BE GUIDED AUTOMATICALLY USING A SMART
CONTRACT. EDG TOKEN HOLDERS CAN ACCESS THE “EDGELESS LOUNGE”
GAME LOTTERY AND COMPETE FOR THE PRIZE POOL. AT 3 PM GMT, ON
THE 28TH DAY OF EACH MONTH, WINNERS WILL BE ANNOUNCED AND
THE POOL DISTRIBUTED AMONG WINNERS. THE LOTTERY PROCESS WILL
TAKE NO MORE THAN 2 MINUTES. AT 3:02 PM LOTTERY PARTICIPANTS CAN
CLAIM THEIR PRIZE.
“EDGELESS LOUNGE” AND EDG TOKENS

LOUNGE GAME CONCEPT

FOR EXAMPLE:
2018’S LOUNGE GAME PRIZE POOL IS 150,000 ETH. THERE ARE 500,000,000 EDG TOKENS IN
TOTAL WHICH CAN COMPETE TO WIN A SHARE OF THE PRIZE POOL. IN THIS PARTICULAR
SCENARIO:
100,000 EDG TOKENS CAN WIN 150,000 / 500,000,000 X 100,000 = 30 ETH FORMULA: (“EDGELESS
LOUNGE” PRIZE POOL) / (TOTAL EDG TOKENS ISSUED) X EDG TOKENS BET
EACH MONTH, BEFORE 3 PM GMT ON THE 28TH, PLAYERS NEED TO SEND THEIR EDG TOKENS
TO A GAME SMART CONTRACT. WINNERS WILL BE ANNOUNCED AFTER 2 MINUTES AND
PLAYERS WILL BE ABLE TO CLAIM THEIR PRIZE.
“EDGELESS LOUNGE” AND EDG TOKENS

LOTTERY BETTING MODEL:


“EDGELESS LOUNGE” AND EDG TOKENS

IMPORTANT:

PLAYERS CANNOT LOSE THEIR EDG TOKENS. TOKENS ARE LIKE AN ENTRY TICKET TO PARTICIPATE
IN A LOUNGE GAME. THE MORE EDG TOKENS YOU HAVE, THE LARGER THE SHARE OF THE PRIZE
POOL YOU CAN WIN. EDG TOKENS CAN BE DEPOSITED OR WITHDRAWN VIA LOTTERY SMART
CONTRACT ANY TIME. IF PLAYERS BET OR DEPOSIT EDG TOKENS AFTER 3 PM ON THE 28TH, THE
BET PARTICIPATES IN THE NEXT MONTH’S LOTTERY.
LET’S SAY ONLY 75% OF ALL TOKENS (370,000,000) PARTICIPATE IN A GAME. WHAT HAPPENS TO A
SHARE OF THE PRIZE POOL WHICH ISN’T WON? IT ROLLS OVER TO THE NEW PRIZE POOL WHICH
WILL BE AVAILABLE TO WIN NEXT MONTH. IN THIS SCENARIO THAT WOULD BE 37,500 ETHEREUM.
“EDGELESS LOUNGE” GAME PRIZE FORMULA: 40% OF CASINO PROFITS + ETH LEFT FROM THE
PREVIOUS MONTH’S PRIZE POOL.
“EDGELESS LOUNGE” AND EDG TOKENS

BELOW YOU CAN FIND “EDGELESS LOUNGE”


LOTTERY PRIZE POOL MODEL:
EDGELESS CASINO BUSINESS PLAN
EDGELESS CASINO BUSINESS PLAN

MARKET POTENTIAL

TO SUM UP ALL OF THE FACTS MENTIONED IN THE SECTIONS ABOVE: THE ONLINE GAMBLING
CASINO INDUSTRY IS VALUED AT USD 45.86 BILLION AND IS EXPECTED TO GROW UP TO USD 56
BILLION IN 2018. EVERY YEAR, MORE AND MORE MARKET SHARE OF THAT IS GOING INTO
CRYPTOCURRENCY GAMBLING SOLUTIONS. RIGHT NOW, 60% OF ALL BTC TRANSACTIONS ARE
MADE FOR GAMBLING PURPOSES. AND THE INDUSTRY HAS TWO MAJOR PROBLEMS:
TRANSPARENCY AND PRICE OF THE ONLINE GAMBLE.
• AT THIS POINT, ONLINE CASINOS HAVE FULL POWER TO CHEAT WITHOUT BEING SPOTTED.

• AT THIS POINT, PLAYERS NEED TO PAY DEPOSIT/ WITHDRAWAL FEES, WAIT FOR PAYOUTS AND
GAMBLE ON 1% - 15% HOUSE EDGE.
IT ALL CAN BE CHANGED WITH THE EDGELESS ETHEREUM-BASED CASINO.
EDGELESS CASINO BUSINESS PLAN
COMPARISON TABLE SHOWS THE MAIN EDGELESS CASINO BASED ON ETHEREUM
COMPETITIVE ADVANTAGES FOR ATTRACTING PLAYER AGAINST ONLINE AND BITCOIN
CASINOS

Traditional Online Casino Bxitcoin Online Casino Edgeless Online Casino (Based on
Ethereum Smart Contracts)
House Edge 1% - 15% 1% - 0.1% 0%

No logins/ registrations needed for casino x Yes Yes


users
Free money withdrawals and deposits x Yes Yes

No delay to money withdrawals and x Yes Yes


deposits
100% anonymity provided by a x Yes Yes
cryptocurrency
Random number fairness check x Yes Yes

Fully transparent random number fairness x x Yes


check
Transparency guided by Ethereum smart x x Yes
contract
Impossible for intentional casino profits x x Yes
draining
EDGELESS CASINO BUSINESS PLAN

MARKETING PLAN

WE DO BELIEVE THAT HAVING THE BEST PRODUCT/BEST OFFER IS THE KEY. OUR TEAM IS PLANNING TO
OFFER PERFECT GAMBLING CONDITIONS: 0% HOUSE EDGE AND ULTIMATE TRANSPARENCY (ETHEREUM
BASED SMART CONTRACTS). RIGHT NOW, THERE IS NO PRODUCT LIKE THAT IN THE MARKET - OUR CASINO
WILL BE THE FIRST ONE.
OUR MAIN MARKETING MESSAGES:
• PERFECT GAMBLING EXPERIENCE WITH 0% HOUSE EDGE

• FULLY TRANSPARENT CASINO BASED ON ETHEREUM


• FAST GAMING LIKE ON BITCOIN CASINOS EVEN THOUGH EDGELESS IS BASED ON ETHEREUM
BLOCKCHAIN
• 0% EDGE BLACKJACK, 0% EDGE VIDEO POKER
EDGELESS CASINO BUSINESS PLAN

MARKETING PLAN (CONT.)


IN THE FIRST STAGE, WE WILL TARGET GAMBLERS WHO ARE ALREADY FAMILIAR WITH CRYPTOCURRENCIES. IN THE
NEXT STAGE, WE EXPECT TO ATTRACT A LARGE PROPORTION OF GAMBLERS FROM TRADITIONAL CASINOS. WE WILL
ACCEPT MAIN CRYPTOCURRENCIES BY IMPLEMENTING A “SHAPESHIFT” CONVERTER AND WILL ALSO PAY ATTENTION
WHEN IT COMES TO ATTRACTING AND ACCEPTING FIAT CURRENCIES. MOST PEOPLE ARE ALREADY FURIOUS FROM ALL OF
THE DRAWBACKS THAT REGULAR CASINOS HAVE.
AFTER THE SUCCESSFUL CROWDSALE, WE WILL PUT A LOT OF FOCUS INTO PRODUCT DEVELOPMENT, LEGAL
PROCEDURES AND CAPTURING MARKET SHARE FROM OTHER CRYPTOCURRENCY CASINOS. THE DEVELOPMENT PROCESS,
BUSINESS OPERATIONS, AND LEGAL PROCEDURES WILL TAKE 4-6 MONTHS. AFTER ALL OF THE PREPARATION PROCEDURES
OF EDGELESS CASINO’S DEVELOPMENT AND LICENSING, WE WILL IMPLEMENT MASS-SCALE MARKETING STRATEGIES.
ALL MARKETING EFFORTS WILL BE PUT IN TO ATTRACT PEOPLE FROM CRYPTOCURRENCY AND TRADITIONAL ONLINE
CASINOS, IN TURN BOOSTING THE OVERALL POPULARITY OF CRYPTOCURRENCIES AND FAIR GAMBLING. HAVING A 0%
EDGE CASINO IS A STRONG ADVANTAGE TO ATTRACT USERS TO EDGELESS CASINO, WHERE THEY CAN FIND MANY OTHER
GAMBLING AND BETTING GAMES. ONE OF THESE WILL BE SPORTS BETTING, WHICH WILL HAVE A 4% COMMISSION FEE.
EDGELESS CASINO BUSINESS PLAN

PROFIT FORECASTS (ROI %)


WE OFFER GAMES WHICH ARE A COMBINATION OF SKILL AND LUCK. IF PLAYERS WILL PLAY THE
PERFECT BASIC BLACKJACK STRATEGY, THEY WILL REACH 0% HOUSE EDGE. HOWEVER, THAT’S
NOT THE CASE FOR AN AVERAGE PLAYER. FROM AN AVERAGE PLAYER, BECAUSE OF HIS
MISTAKES (READ IT HERE), WE EXPECT TO GET A 0.83% HOUSE EDGE. IN THE LATER
DEVELOPMENT STAGES, WE WILL INTRODUCE SPORTS BETTING WHICH WILL DRIVE AN
ADDITIONAL STREAM OF PROFIT. SPORTS BETTING IS CONNECTING PLAYERS WHO ARE BETTING
AGAINST EACH OTHER AND WE WOULD TAKE THE JUICE/RAKE/VIG FOR PROCESS FACILITATION.
IT’S SIMILAR TO THE ‘RAKE’ USED BY POKER ROOMS. THE SPORTS BETTING VIG WILL DEPEND ON
THE GAME TYPE, THE NUMBER OF PARTICIPANTS, BONUSES AND MORE. IT IS DYNAMIC,
FLOATING IN THE RANGE OF 0% - 10%. IN OUR CASINO, WE AIM TO HAVE 5% OF ALL MONEY
WAGERED BE PLACED AS A SPORTS BET WITH 4% ROI.
CROWDSALE

THE CROWDSALE OF EDGELESS AND THE CORRESPONDING TOKEN CREATION PROCESS WILL
BE ORGANIZED AROUND THE SMART CONTRACTS RUNNING ON ETHEREUM. PARTICIPANTS
WILLING TO SUPPORT THE DEVELOPMENT OF THE EDGELESS CASINO PROJECT CAN DO SO
BY SENDING ETHEREUMS TO THE DESIGNATED ADDRESS. BY DOING SO, THEY ARE
PURCHASING EDGELESS TOKENS (EDG) AT THE RATE OF 1 000 EDG PER 1 ETH WHICH ARE
SENT INSTANTLY TO THEIR WALLET.
CROWDSALE ENDS WHEN THE END DATE (21TH MARCH 2017, 4:00 PM GMT) IS REACHED, OR
WHEN THE TOTAL AMOUNT OF SUPPLIED EDGELESS TOKENS (440 000 000 EDG) ARE SOLD.
IF THE CROWDSALE CAMPAIGN DOES NOT REACH ITS CAPITAL GOAL OF 50 000 EHT OR THE
EQUIVALENT, ALL FUNDS WILL BE RETURNED TO THE EDG HOLDERS BY THE ETHEREUM
SMART CONTRACTS.
CROWDSALE
CROWDSALE SUMMARY
EDG created per ether 1 000 EDG

Maximum goal to sell Edgeless tokens: 440 000 000 EDG

Minimum goal to sell Edgeless tokens: 50 000 000 EDG

% of tokens generated to Edgeless team* 10% of the tokens (belonging to the Edgeless team, are automatically locked for
12 months by a smart contract)
% of tokens generated to Crowdsale partners 2%

% of tokens generated to Crowdsale participants 88%

Date of Crowdsale start 28th February 2017, 3:00 pm GMT

Date of Crowdsale end 21th March 2017, 4:00 pm GMT

Maximum number of EDG generated 500 000 000 EDG (unissued/ unsold tokens are automatically burned by a smart
contract)
of which Crowdsale participants 440 000 000 EDG

of which Edgeless team 50 000 000 EDG

of which Crowdsale partners 10 000 000 EDG


CROWDSALE

ANNOUNCEMENT OF CROWDSALE
BEGINNING
THE CROWDSALE BEGINNING WILL BE ANNOUNCED THROUGH THE FOLLOWING
CHANNELS:
• PROJECT WEBPAGE: EDGELESS.IO
• OFFICIAL TWITTER: TWITTER.COM/EDGELESS PROJECT
• OFFICIAL SLACK: EDGELESSCASINO.SLACK.COM
• REDDIT: REDDIT.COM/R/EDGELESS
CROWDSALE
EDGELESS TOKENS (EDG)
EDGELESS WILL ISSUE 500,000,000 EDGELESS TOKENS (EDG). EDGELESS TOKENS WILL BE AN ETHEREUM-BASED TOKEN OF VALUE. THE
TOKENS ARE A DIGITAL ASSET, BEARING VALUE BY THEMSELVES BASED ON THEIR UNDERLYING ASSETS, PROPERTIES AND/OR
ASSOCIATED RIGHTS. EDGELESS TOKENS REPRESENT OWNERSHIP RIGHTS TO THE DIVIDENDS OF EDGELESS CASINO.

ETHEREUM-BASED TOKENS RELY ON A WELL-ESTABLISHED ETHEREUM INFRASTRUCTURE, BENEFITING FROM SEVERAL ADVANTAGES:

● SECURITY AND PREDICTABILITY (AS OPPOSED TO, FOR EXAMPLE, HAVING TO RUN AN INDEPENDENT BLOCKCHAIN NETWORK); ● USE
OF ROBUST AND WELL SUPPORTED CLIENTS (ETHEREUM-BASED TOKENS CAN BE MANAGED WITH OFFICIAL ETHEREUM CLIENTS):
● HIGH LIQUIDITY (INTERCHANGEABLE WITH OTHER ETHEREUM- BASED TOKENS OR ETHER); EASIER LISTING ON EXCHANGES WITH
INFRASTRUCTURE ALREADY IN PLACE;
● ETHEREUM SMART CONTRACTS ENABLE A VERY TRANSPARENT AND SECURE WAY OF PROFITSHARING AMONG THE TOKEN HOLDERS.

OUR ETHEREUM-BASED TOKEN CONTRACT COMPLIES WITH THE ERC20 STANDARD, WHICH MEANS THAT IT IS EXTREMELY EASY FOR
EXCHANGES INVOLVING TRADING EDGELESS TOKENS TO HAPPEN.
CROWDSALE
CROWDSALE “POWER HOUR” REWARDS
THE FIRST HOUR OF THE CROWDSALE WILL BE A POWER HOUR. DURING THE POWER HOUR, 1 ETHER WILL BUY 1200 EDG.
AFTER THAT, THE PRICE WILL CHANGE TO 1100:1, AND THEN DECREASE EVERY WEEK UNTIL IT REACHES 1000:1 IN THE
THIRD WEEK:
CROWDSALE
BUDGET
HOW THE CROWDSALE FUND WILL BE USED?
Field Portion of a Budget Activities
Legal 14% Startup registration costs, casino
licensing, law company which
deals with cryptocurrency legalities
Development 33% ‘Break down in dev. roadmap’
Casino Bankroll to pay wins 20% Stored in a separate casino wallet
Operations 17% Project management, employees
salaries
Marketing 16% Expenses of attracting gamblers to
Edgeless
Casino (Online traffic generation
expenses)
CROWDSALE
DEVELOPMENT ROADMAP
1. PHASE - 50 000 ETH
IN THE FIRST PHASE, WE WILL DEVELOP 0% HOUSE EDGE BLACKJACK AND THE "EDGELESS LOUNGE". THE LOUNGE WILL ENSURE A
DECENTRALIZED PRICE POOL WHICH IS BACKED BY 40% OF CASINO PROFITS. PEOPLE WILL HAVE A CHANCE TO WIN IT USING OUR EDG TOKENS.
ANOTHER PART OF INVESTMENT WILL BE ALLOCATED TO THE CASINO BANKROLL/BANK SO THE CASINO CAN PAY OUT WINS FOR THE FIRST
WAVE OF VISITORS. LEARN MORE

2. PHASE - 110 000 ETH


AT THIS PHASE, MOST OF THE FUNDS WILL BE ALLOCATED TOWARDS SECURITY/HACKER PREVENTION AND INCREASED SIZE OF EDGELESS
CASINO’S BANKROLL SO THAT IT CAN PAYOUT ANY LARGER WINS. A BIGGER BANKROLL MEANS A LARGER BETTING RANGE FOR VISITORS AND
MORE WAGERED MONEY AS A RESULT.

3. PHASE - 190 000 ETH


WE WILL WORK ON THE DEVELOPMENT OF A NEW GAME - 0% HOUSE EDGE VIDEO POKER. IT IS BASED ON LUCK AND SKILL, THE SAME AS
BLACKJACK. THE SECOND GAME IS A MICRO LIMIT DICE - A PURE LUCK GAME.

4. PHASE - 250 000 ETH


THIS PHASE IS ALL ABOUT THE SPORTS BETTING DEVELOPMENT. IT HAS A SMALLER SCALE BUT BETTER ROI THAN TRADITIONAL GAMES. OUR
EDGELESS WAY WILL OFFER A MUCH LOWER EDGE THAN OTHER CASINOS. SPORTS BETTING WILL BE SO THAT OUR CASINO CAN STAY
COMPETITIVE.
5. PHASE - 250 000 ETH
THIS PHASE IS ALL ABOUT THE SPORTS BETTING DEVELOPMENT. IT HAS A SMALLER SCALE BUT BETTER ROI THAN TRADITIONAL GAMES. OUR EDGELESS WAY WILL OFFER
A MUCH LOWER EDGE THAN OTHER CASINOS. SPORTS BETTING WILL BE SO THAT OUR CASINO CAN STAY COMPETITIVE.
CROWDSALE
TIMELINE
CROWDSALE
CROWDSALE ETHEREUM-BASED
TRUSTLESS SMART CONTRACT KEY POINTS:
THE TEAM

IGNAS MANGEVICIUS
CO - FOUNDER, BLOCKCHAIN-BASED SYSTEMS DEVELOPER, ETHERSLOTS FOUNDER
TOMAS DRAKSAS
CO-FOUNDER, PROFESSIONAL POKER PLAYER & GAMBLER
TOMAS LUKOSAITIS
CO - FOUNDER, OPERATIONS & BUSINESS
DIPL.-ING. JULIA ALTENRIED
SMART CONTRACT AND DAPP DEVELOPERS
DIPL.-ING. STEFAN HÖLLER
SMART CONTRACT AND DAPP DEVELOPERS
PAOLO REBUFFO
ADVISOR OF EDGELESS PROJECT, BLOCKCHAIN INVESTOR AND ANALYST
RANSU SALOVAARA
ADVISOR OF EDGELESS PROJECT, CEO OF REVOLTRA.COM AND TOKENMARKET.NET

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