DAOBet ICO Rating, Reviews and Details

Market

Pair

Price

Volume 24H

24H (price)

24H (volume)
HitBTC

Pair BET/ETH 4 one year ago

Market $ 0.0092

Volume 24H $ 10.558 K

24H (price) 10.60%

24H (volume) -51.90%
HitBTC

Pair BET/BTC 4 one year ago

Market $ 0.0091

Volume 24H $ 16.305 K

24H (price) 5.58%

24H (volume) -77.65%
Coinsbit

Pair BET/BTC 4 one year ago

Market $ 0.0113

Volume 24H $ 7.383 K

24H (price) -

24H (volume) -
Coinsbit

Pair BET/ETH 4 one year ago

Market $ 0.0112

Volume 24H $ 15.382 K

24H (price) -

24H (volume) -
ForkDelta

Pair BET/ETH 4 one year ago

Market $ 0.0053

Volume 24H $ 2.31

24H (price) -

24H (volume) -
Saturn Network

Pair BET/ETH 5 one year ago

Market $ 0.0448

Volume 24H -

24H (price) -

24H (volume) -
HitBTC

Pair BET/MOBI 6 one year ago

Market $ 0.0412

Volume 24H $ 788.254 K

24H (price) -

24H (volume) -
HitBTC

Pair BET/DIMCOIN 6 one year ago

Market $ 0.0412

Volume 24H $ 406.17 K

24H (price) -

24H (volume) -
HitBTC

Pair BET/ROK 6 one year ago

Market $ 0.0412

Volume 24H $ 258.25 K

24H (price) -

24H (volume) -
Wx.network

Pair BET/BTC 6 one year ago

Market -

Volume 24H -

24H (price) -

24H (volume) -
CoinExchange.io

Pair BET/BTC 6 one year ago

Market $ 0.0013

Volume 24H -

24H (price) -

24H (volume) -
Nova Exchange

Pair BET/BTC 6 one year ago

Market $ 0.0012

Volume 24H -

24H (price) -

24H (volume) -
Nova Exchange

Pair BET/DOGE 6 one year ago

Market $ 0.0035

Volume 24H -

24H (price) -2.61%

24H (volume) -100.00%
Mercatox

Pair BET/BTC 6 one year ago

Market $ 0.0768

Volume 24H -

24H (price) -

24H (volume) -
Everbloom

Pair BET/ETH 6 one year ago

Market $ 0.0316

Volume 24H -

24H (price) -

24H (volume) -

Jun 28, 2017

Jul 26, 2017

100% completed

$11 496 820

3.8 K

100% goal completed

past

Company Details

Registered Country

Germany

Additional Details

About DAOBet

DAO.casino is a protocol defining interactions between untrusted participants in the context of online gambling industry. This includes two levels: game level - player’s trust in a particular casino operator in the context of the game (provably fair gambling) and a business model level: i.e. game developer doesn’t have to trust casino operator to get rewarded. In short: all participants that are needed for the system to function don’t have to trust each other in order to cooperate.

Trusted third party that is needed in a traditional online gambling industry to function is replaced with smart contracts that act as autonomous agents that automatically reward all the key contributors: game developers, referrers and operators of independent platforms necessary for the game discovery, and those that take part in PRNG. The fact that reward system is fully automated and transparent allows to introduce a crowdfunding element into a bankroll of every game (see section 2.1.5) and incentivise community driven security audit.

Obtaining randomness necessary for gambling games in a deterministic virtual machine is not a trivial task, so that in addition to technically obtaining pseudorandom values an economic incentive layer should be introduced. Equally unpredictable random numbers that determine outcomes in each game are provided by economically incentivised participants interacting with the PRNG contract. PRNG method implemented in DAO.Casino MVP is described in a section 3.

This system can provide a P2P marketplace for game developers and support a large number of independent front-end platforms where players can discover and play gambling games fair by design.

In the beginning we can expect existing licensed online casino operators can integrate with the protocol to reduce costs, while long term new forms of regulations more suitable for decentralised, transparent and automated systems can emerge. Long term goal of DAO.Casino project, apart from providing experimental software and implementing main protocol components, is to contribute to a development of new forms of online gambling certification. So far gambling games on Ethereum remain in the gray legal area, but it doesn’t have to be so, since technologies such as Ethereum open up possibilities for far better customer protection and enable fair by design gambling.

BET - DAO.Casino internal token - is used as point system for incentivisation as well as a sub-currency which is used in the games. See section 2.2. BET token is a standard Ethereum ERC20 token.

Features

- Enables a sustainable model which benefits all the parties involved in the online gambling business process
- An automated value distribution protocol acting as an mechanism of incentives and expressed in a system of Ethereum contracts
- A system that is capable of providing equally unpredictable pseudorandom numbers for the games
- DAO.Casino team became on of the winner of the Status Global Hackathon
- Security of the system is achieved through transparency, consistency and cryptographic verifiability of software used to automate processes otherwise involving trust, and economic incentive mechanisms for it’s human participants

Technical Info

Technical details: BET token is a standard Ethereum ERC20 token. It is used as ingame currency for all the game contracts integrated with the protocol and to power DAO.Casino reward system. Ingame currency and a reward system are complimentary. Despite of Gas cost that is required for Ethereum powered software to run, the fees should remain lower than in traditional server based online gambling. This is because the gas is paid per operation, and only for the operations and storage that is used. Game’s front end can be stored either on the server or on the network using decentralised file storage systems such as IPFS or Ethereum’s native Swarm. Using Swarm will also allow to program the game to pay for it’s own front-end storage. Proof of developer: Public team

DAOBet Roadmap

2016

- Market research- Technical feasibility- Technical feasibility

Phase 1

Market Research, Technical feasibility, Assesment

Q1 2017

- First game release on Edcon
- Platform prototype

Phase 2

First game release on Edcon, Platform prototype

Q2-1 2017

- Platform Alpha
- Dice game beta
- Black Jack beta
- Protocol main contract
- WP release

Phase 3

Platform Alpha, Dice game beta, Black Jack beta, Protocol main contract, WP release

Q2-2 2017

- Public audit
- RNG Signidice integration

Phase 4

Public audit, RNG Signidice integration

Q3-1 2017

Contribution campaign

Phase 5

Contribution campaign

Q3-2 2017

- Multiplayer RNG research
- Lottery Alpha
- Slot game Alpha
- IPFS integration

Phase 6

Multiplayer RNG research, Lottery Alpha, Slot game Alpha, IPFS integration

Q4 2017

- Official release platform (testnet)
- Multiplayer RNG release
- Lottery beta

Phase 7

Official release platform (testnet), Multiplayer RNG release, Lottery beta

2018

- VR platform
- Betting integration
- Prediction Integration DAO.Casino JS

Phase 8

VR platform, Betting integration, Prediction Integration, Dao.Casino JS

DAOBet Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Ilya Tarutov

CEO

Konstantin Lomashuk

Protocol Architect

Alexander Noxon

CTO / Platform development

unverified

Ksenya Bellman

Business Development

unverified

Alexandra Fetisova

Project Manager

Sergey Pomorin

Game Developer

unverified

3 ICO

$13 012 206

Sergey Lonshakov

DAO design and implementation

unverified

Alexander Krupenkin

Solidity Developer

unverified

2 ICO

$11 554 306

Eugene Radchenko

Program Manager

Alexander Davydov

Solidity Developer

unverified

Alex Kirillov

CFO

2 ICO

$12 893 057

Akbar Murataliev

Marketing Executive

DAOBet

About DAOBet

Features

Technical Info

DAOBet Roadmap

DAOBet Team

DAOBet Last News

DAOBet Reviews

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