vDice - $1m in 90 minutes.
The Ethereum based project vDice which is touted as the world’s first fully decentralised gambling game, went live this year.
It is probably among the few blockchain platforms that was functional before its ICO actually began. It was a genuine enough for investors to provide capital for something that is already live; and as it seems, the project impressed huge.
Result: In the very first 90 minutes of its kickstart, vDice crowdsale raised a whopping $1 million.
The money raised via vSlice ICO, as confirmed by vDice, will be further allocated for additional development and marketing of the project. By doing so, vDice project will attempt to explore the possibilities of having on-chain transactions, through an oracle, using Ethereum Smart Contracts.
vDice representatives further explained that how they plan to develop a profitable venture for all of its early investors. The token involved in the sale — vSlice — is intrinsically tied to the profits of the vDice game. So any profit made by the project enables vDice holders to receive a proportional share.