EtherAce is the latest blockchain powered asset speculation and betting platform that uses smart contracts and state channels to assure impressive performance. This platform is offering various market instruments, which anybody from a gambler to trader can use to gain profit. This project is designed and developed as a layer on top of Ethereum blockchain. This approach benefits this platform and users. The users can place the bet and the betting value can be stored on a safe and decentralized transaction ledger.
EtherAce is using the cutting-edge technology to offer state-of-the-art solutions. This platform claims to maintain impeccable transparency and security. The charges will be lower than the traditional betting platforms because there will be no intermediaries. Traditional online market asset gambling platforms can never offer the features offered by EtherAce and that’s why it seems a safer choice to invest money on assets.
Smart contracts eliminating the need of a central governing body:
EtherAce is probably the only speculation platform where the procedures are managed by autonomous and open-source smart contracts. This is how EtherAce forms a trustless environment without a governing body. Whether you want to bet on odds, EtherAce, or your skill, this platform allows to bet on all three things.
Whenever a participant will place his wager on the odds, he will actually bet on something where the outcome is generated from a random generator. The gambling and speculation opportunities do not end here because the participants can also bet on skills. This platform offers a peer-to-peer derivatives market, where the users can bet on one another’s speculation and trading skills. When it comes to betting on EtherAce, the participants will have to first buy the ACED tokens and then they can apply the bet.
This platform is offering a trustless tool for all the gamblers and speculators of the crypto market. This market is a highly speculative market and a tool designed specifically to help the users in speculating the results can do wonders for the users. The participants will gamble on blockchain and use their traditional assets to generate more profit.
Transactions will take place faster and fees will be lower:
This platform is using state channels for off-chain actions. This approach will work to reduce the time taken for finishing transactions and transaction fees. It will improve and permit better UX without compromising with the benefits gained from the blockchain technology.
EtherAce is featuring a unique user interface, designed especially for web 3.0. It has a massive market potential and low latency, so it can eventually turn the crypto asset sector into an instrument that every participant can use to gain incentive.
Final thoughts:
Blockchain is paying a vital role in transcending the world financial markets. The crypto market is quite rewarding now and EtherAce can be a very profitable platform for any individual who is interested in the crypto currency sector. Whenever the world financial market will shift, EtherAce will become more profitable for those who gamble on crypto assets. The ICO of ACED tokens will take place on 12th July and it will last till 16th September, so you can invest in it if you want to leverage the benefits.
Links:
Website: https://etherace.io/
Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
Telegram: https://t.me/EtherAce
Posted from my blog with SteemPress : http://cryptofleck.com/index.php/2018/08/27/etherace-a-speculation-platform-for-crypto-market-experts/