The game rules are simple: there’s a massive jackpot, and people are placing bids to claim it, within allowed time after the last bid. If no bid comes, the last to claim gets it. If bids keep coming, the jackpot grows further.
Currently when the ICO stage is running, the jackpot is being collected in exchange for JACK tokens, which the investors will then use to get a cut of all bids made in the game, use it for bidding when bid price grows high, or just resell it at a higher price (the game can do that automatically).
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Attention. There is a risk that unverified members are not actually members of the team
EtherJack is a very simple game to play as compared to other already available games. Seeing its ease of use and simplicity, it can be said that it is surely going get a good response from the potential enthusiasts (especially the game enthusiasts), as well. This is the reason why you should think about investing in this ICO, which is still going on and will last until 25 June 2018.
EtherJack is a thoroughly developed idea, and it has the potential to become a widely popular cryptocurrency gambling platform because of its transparent design, its compatibility with Ethereum, its numerous translations, and its interesting game concept.
However, EtherJack's anonymous developers don't seem concerned about regulations against online gambling, which could prove to be a significant problem – it is outlawed in many jurisdictions, including most of the United States and European Union.
Since the value of the JACK is directly tied to the popularity of EtherJack, investors may find that it offers greater stability than other cryptocurrencies with value based purely on speculation. However, investors should wait to see how popular the platform becomes before buying in, and especially watch for legal compliance.
