Fairgrounds

Introduction
Fairgrounds is a decentralized biological system of provably reasonable shot construct amusements worked in light of the Ethereum blockchain. The site will offer an assortment of amusements that give players a chance to wager and win Ether (ETH). Players are remunerated for taking an interest by means of the Fairgrounds Rewards Token (FGR), which thusly gives motivation to keep playing on the framework. Players have a chance to allude their companions, giving both the referrer and the one alluded with reward FGR tokens. At last, the framework will offer benefit sharing by means of the Fairgrounds Token (FGD).

Why you should bolster this undertaking

Group Fairgrounds, completely the majority of its representatives are working for the advantage of the organization and are constantly prepared to help in any issue. They are dependably in touch and don't dismiss. Undoubtedly, at the present minute, when we are discussing ICO ventures, this reality is vital.

All models made by the group of engineers of Fairgrounds are in general society space, now you can acclimate and attempt this framework.

Fairgrounds takes an interest in each conceivable crypto, blocking gatherings, close genuine contracts.

Diversions
The Fairgrounds site will give a wide range of chance-based recreations to wager and win Ether (ETH). The site will require a program or program expansion that is equipped for communicating with the blockchain. At the season of this composition Metamask for the Chrome program and the Mist program function admirably. At dispatch the main diversion accessible will be Raffle.

Notwithstanding, there will be various pools to permit more prominent cooperation from players, as well as to exhibit the impetus compensate framework. Different recreations will dispatch not long after the token deal.

Traditional RAFFLE
Players purchase tickets with Ether (ETH) for an opportunity to win a bonanza. A solitary victor is picked indiscriminately in a provably reasonable way. All members are granted Fairgrounds Reward Tokens (FGR) as reward for their support. The FGR tokens would then be able to be utilized as a part of different approaches to win back or purchase back ETH.

The mechanics of the traditional wager are depicted as takes after:

A regular wager has a settled ticket cost in ETH for every section.

Various pools can exist at varying value focuses to take into consideration the broadest reception.

Players can buy at least 1 tickets to enter the wager with each extra ticket acquired offers a more prominent shot of winning the big stake.

FGR tokens are remunerated at a 100:1 ETH proportion in light of their wager estimate.

A traditional pool has an objective number of tickets to be sold. [Min: 20]

When all tickets are sold for a solitary pool, a champ is picked indiscriminately.

10% of all assets in ETH for the pool are exchanged to a dynamic wager.

The staying 90% of the assets in ETH (after charges) are granted to the victor.

Dynamic RAFFLE
The mechanics of the dynamic wager are like the ordinary wagers however with a hardly any significant contrasts (in intense):

A dynamic wager has a settled ticket cost in FGR for every passage. Eg. 10 FGR per section ticket.

Players can buy at least 1 tickets to enter the wager with each extra ticket bought offers a more prominent possibility of winning the bonanza.

A dynamic pool has a window of time where tickets can be sold.

Once a section happens past the window of time, a ticket is drawn.

In the event that a bought ticket is picked:

80% of the dynamic bonanza in ETH is paid to the picked champ.

20% of the dynamic bonanza in ETH is exchanged to the house (put away in

the benefit sharing savvy contract)

100% of FGR tokens gathered by means of ticket deals for the dynamic pool are redistributed back to traditional wagers as prizes for future players.

Token Sale Details
Total Supply : 100 Million Tokens

Token Sale : 50%

1 ETH = 10000 FGD*

2 months

The exchange rate wil decrease on a weekly basis by 1000 FGD. E.g. Week 1 = 1:10000, Week 2 = 1:9000, Week 3 = 1:8000 etc. Any unsold tokens at the end of the token sale will be burned, reducing the total supply of tokens.

25% Rewards

In order to encourage players on the platform, Fairgrounds Tokens (FGD) will be distributed in addition to the normal Fairgrounds Rewards Token (FGR). 25 million FGR tokens will be available as bonus rewards.

25% Cold storage

To support operational expenses and fund future development, these tokens will be kept in cold storage will belong to the Fairgrounds team.

USE OF FUNDS
40% BANKROLL

With an appropriate bankroll, it will be possible to some types of chance-based games (E.g. a jackpot lottery) that would otherwise be impossible to add.

Expanding on the types of games will bring a broader audience and greater value to the ecosystem.

35% DEVELOPMENT

These funds will cover the development costs of additional chance-based games as defined in the roadmap.

15% OPERATIONS

These funds will be used to cover expenses associated with infrastructure, support, accounting, business development, and other administrative overhead.

10% USER GROWTH AND MARKETING

Fairgrounds will use these funds to cover expenses associated with marketing and promotion of the entire Fairgrounds ecosystem.

Roadmap