DICEGAME is a decentralized platform for hosting fair P2P games with transparent and verifiable mechanics with no limitation on deposit and withdrawal. The platform is based on the Graphene technology which allows to have low fees and high transaction speed. The platform ensures a fair gaming environment with real-time interaction between users around the world. Thanks to blockchain technology we connect distant past and faraway future of the iGaming world providing the solution for the following problems: lack of trust in the system, limitations on deposits and withdrawals, centralized random number generator. We grant the opportunity to participate in the games on our platform built to meet user's needs and interests.
The technical implementation provides compliance with the principles and values that are common for all games based on the DICEGAME platform. It offers such advantages as transparency and simplified verification of results. All algorithms from game mechanics to tournaments rely extensively on smart contracts. In addition to it, blockchain also allows to have reliable and secure betting and awarding mechanisms.We have selected the appropriate game algorithms taking into account two key values: having no reason to cheat and having a simple way to verify game results. To get more information about inner workings of the DICEGAME platform, please check out the video "How it works?"
MARKET PROBLEMS
In the most cases gamblers don’t have a deep dive into the inner working details of the traditional gambling industry. Few players are interested in technical implementation, principles, probabilities and mechanics of the game play. They are mostly driven only by the idea of getting rich in a fast and easy way. Unfortunately, the reality is that the most of existing gambling solutions are prone to cheating and unfairness in one way or another. Companies all over the world are launching different kinds of the gambling institutions in hopes of grabbing a piece of the pie. While competition is usually a good thing, there are major problems with the current gaming industry that you need to be aware of :
- LACK OF TRUST IN THE SYSTEM Lack of understanding in a game process, lack of fair-dealing and transparency, unknown formulas of combinations drawn and winner determination can cause lack of user’s trust.
- LIMITATIONS ON DEPOSITS AND WITHDRAWALS Traditional online casinos are regulated by the law of money laundering and legalization. All online casinos and poker rooms use regular currencies that obey the law of the processing centers that withdraw pricy fees and taxes for payment processing, currency conversion and other operations. The market average commission for cash in is 8% of the deposit sum, and cash out – starting from 2%.
- COMMERCIAL EXPLOIT OF FROZEN FUNDS As a rule, all players’ deposits are stored on the account of the traditional casinos. So that, casinos have access to all money paid by players and can commercially exploit them. Deposits are profitable for casinos, as these institutions have the possibility to function as credit organization.
- CENTRALIZED SYSTEM OF THE RANDOM NUMBER GENERATOR Casinos are always paid off not depending on clients’ win or loss. This is how it works: the base of the mechanism is the random number generator. Potentially, this system can be controlled from the outside, i.e. the one with the access to a server or programming code is able to directly influence game results.
- WHITE PAPER I 11 SPECIAL SKILLS AND EXPERIENCE REQUIRED Average players or novice without any defined game strategy are more likely to be at a high risk of loss. In the traditional poker rooms 80% of players become planktons for 20% of whales.
- LOW SECURITY LEVEL Currently, casinos store their data in centralized servers and, though the latest encryption technologies in place help keep such data safe, the information still isn’t impregnable. In fact, several cases of hacking have been recorded in the past three years. Online casinos are attractive targets for hackers as a large sum of money flows through them and hacking them could be very lucrative. SLOW VERIFICATION If to speak about games using fiat currency, we can notice, that the user has to provide lots of personal data to be registered for a game. Vetting personal information, a single case at a time slows down the process of setting up accounts and playing casino games.
- HIGH COMMISSIONS AND SLOW TRANSACTION SPEEDS The world doesn't stop developing, so online casinos start implementing all algorithms using blockchain technology. But, here we cannot but identify some actual problems. Such online casinos in its majority use Ethereum blockchain as the base of all mechanisms. Thus, we can observe high commissions for each сall to smart contract and low speed of transactions.
The optimal solution to the problems mentioned above is the usage of the decentralized platform DICEGAME with the use of the smart contracts based on the Graphene blockchain. The powerful features of the Graphene help to achieve our goals of low transaction fees and high speeds. Firstly, in stress tests the Graphene technology has achieved 10,000-100,000 transactions per second. Secondly, parallelization is used to scale the network, likely up to millions of transactions per second. Thirdly, the asynchronous communications and separate authentication from execution is implemented to achieve speedups, and because it will have no transaction fees, counting operations are not required. All transactions as the records of a change to the data set are typically based on the rules defined by the blockchain. These rules comprise contracts between parties. We develop smart contacts with its own behavior that meets the conditions of games on the DICEGAME platform in order to trigger different events: determine dice values, choose the winner of a game, transfer the prize, create transactions. The details about game sessions conducted are securely stored in the blockchain and each user is able to check the results via user-friendly interface in any time. We propose the following ways of solutions to achieve fair play in the transparent iGaming industry :
- We resolve the problem of player’s trust in the system by implementing the open source algorithms of the DICEGAME platform. The logic of dice values and winner determination is delivered by the smart contracts with the help of which we can track the records of input and output data.
- We do not impose limits on deposits and withdrawals. We think that the user should keep control over his own money. Thus, the smart contracts do not set any limits on cash ins and outs.
- We eliminate the idea of the frozen funds. We do not exploit users’ money, we just provide the tournament wallet to store the prize fund for a game session. There are no frozen funds, each user has the possibility to check the account of the tournament wallet based on the blockchain anytime.
- We do not use random number generator. Users play with each other, but not against the platform. DICEGAME is just the initiator and organizer of a game.
- No special knowledge or background required to increase winning odds. Players up to 50% chances to win whether they possess any specific skills related to the game or not. In the games on the DICEGAME platform only a true luck will determine the winner.
- High level of security. Decentralization of databases is used in all algorithms of the DICEGAME platform based on the blockchain. Blockchain databases consist of several decentralized nodes. Each node participates in administration: all nodes verify new additions to the blockchain, and are capable of entering new data into the database. For an addition to be made to the blockchain, the majority of nodes must reach consensus. This consensus mechanism guarantees the security of the network, making it difficult to tamper with. The architecture of decentralized ledgers makes it almost impossible to lose funds or private information to cybercriminals. For example, in the peer-to-peer network there are 100 thousand of ledgers, thus to make any updates we need to change the data in more than 50 thousand of ledgers and get corresponding confirmation from all nodes in the net what is almost impossible.
- We speed up data verification by eliminating the need to collect unnecessary data. Such a move ensures that users access the site faster and anonymously.
- We solve the problem of transaction speeds with the help of the Graphene blockchain. The technology allows to have low commissions of the high speed transactions. We make online casinos more responsive and with an enhanced online user experience. Customers can now expect better, faster and cheaper service.
Demo ProductThe following games will be implemented on the DICEGAME platform :
- Factory of Millionaires
- DICEGAME 1000
- DICEGAME Monopoly
- DICEGAME Rock-Paper-Scissors
- DICEGAME Poker
Token info
- Token Dice
- Platform Ethereum
- Type ERC20
- Price in ICO 1 Dice = 0.05 USD
- Tokens for sale 147,000,000
Investment info
- Soft cap 2,100,000 USD
- Hard cap 10,500,000 USD
Roadmap
Q2 2016
Marketing analysis
Q3-Q4 2016
Creation of the DICEGAME prototype
Q1 2017
Development of the DICEGAME platform concept
Q2-Q3 2017
Development of the first DICEGAME platform game: Factory of Millionaries (iOS, Android, Web)
Q4 2017
Team building & Advisors, development of the smart contract demo version
Q2 2018
Tokens Pre-SALE
Q3-Q4 2018
Tokens SALE
Q3-Q4 2018
DICEGAME integration with blockchain. Development of the DICEGAME Rock-Paper-Scissors
Q4 2018 - Q1 2019
Development of the Dice wallet. Integration of the RSP game with the DICEGAME platform
Q2 2019
Alpha release of the DICEGAME platform. Development of the DICEGAME 1000. Listing of the Dice tokens in the stock exchanges
Q3 - Q4, 2019
Integration of the DG 1000 with the DICEGAME platform. Development of the DICEGAME Poker
Q1 - Q2, 2020
Integration of the DG Poker with the DICEGAME platform. Beta release of the DICEGAME platform
Q3 - Q4, 2020
Development of the DICEGAME Monopoly. Integration of the DG Monopoly with the DICEGAME platform
Q1 2021
Preparation of the DICEGAME platform to the integration with other vendors' games
More Information
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Author : catur123
Eth : 0x6b85eA6ed28A887798D75DE9c4Db61479422C9E9