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PROVABLY FAIR
All games are implemented as smart contracts on the Ethereum blockchain and are fully verified on Etherscan, thus provably fair.
NO SIGN UPS/ACCOUNTS
There are no sign ups, no accounts and no depositing of funds. Hold ETH in your Metamask or Mist wallet and start playing immediately.
IMMEDIATE PAYOUTS
No long withdrawls or fear that you won't be able to withdraw. Since all games are on the blockchain implemented as smart contracts, winners are paid out almost instantaneously.
GAME SELECTION
Fairgrounds is a suite of chance-based games which offer players an opportunity to bet and win ether. The site will launch with a series of raffle games followed shortly by a number of other more engaging chance-based games like lottery, roulette, and spin the wheel.
REWARDS
All games on fairgrounds will reward players with the Fairgrounds Rewards Token (FGR). This token will act as incentive to players, and will provide access to special rewards such as entry fees for progressive raffles.
REFERRALS
Players have the opportunity to refer other players to the system and earn FREE reward tokens. For example, player A refers player B to the system. Every time player B places a bet, both player A and player B are rewarded with an additional 10% rewards.
- Game selection
- Refer other players to the system
- Progressive raffle with window of time where tickets can be sold
- Provably fair
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Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
Summary
Conclusively, Fairgrounds is a good ICO for those who have a high risk. With gambling games ICOs, you’ll have to find out if they are guaranteed to help their users before it even launches. Fortunately, with Fairgrounds, we can expect a lot more innovations in the platform in the future.
Positives
User Incentives: When using Fairgrounds, you get rewarded for bringing your friend and a 10% profit each time they win a bet.
Game Selection: You won’t be limited on what luck based games you want to play. Fairgrounds has games ranging from blackjack, roulette, or a raffle. Because of this, users don’t have to waste time seeking the game they want.
Fair: Most gambling games leave the user without any reward due to its unfair circumstances. With Fairgrounds, the user either receives or loses ETH based on their betting outcome.
Negatives
Gambling Issues: While it’s not explained in the whitepaper, how does Fairgrounds help protect users whose addictive personalities will lead them to an excessive amount of gambling?
Fairgrounds is trying to solve one of the most significant issues within the gaming industry. That means Fairgrounds is out to improve the quality of gambling games and platforms in general. Unfortunately, Fairgrounds is not the first of its kind as a blockchain gambling site, so there is some underwriting to not invest in the project. But if you are a high-risk investor seems like a good chance to get on board and access the exciting rewards.
