vDice is a blockchain-based betting game for the Ethereum network. It went live on June 13th, 2016. It has processed almost 10,000 bets to-date. It is a classic ‘SatoshiDICE-style’ betting game, implemented as an Ethereum Smart Contract (Dapp), and exists on the Ethereum blockchain.Ethereum builds and improves on the Bitcoin blockchain. In the same way, vDice builds and improves on blockchain betting technology, generally. Whereas SatoshiDICE was somewhat decentralised, vDice is fully decentralised. vDice leverages the power of Ethereum smart contracts to build a game that has no server architecture. Instead, bets are processed through an Oracle, using the 3rd party services of random.org for the random number source. The Smart Contracts are live, network tested, and processing bets on a continuous basis.
STO/ICO Status
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Basics
| Platform | N/A |
|---|---|
| Type | ERC20 |
| Accepting | ETH |
| Circulating Supply | N/A |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Project Description
vDice is an Ethereum-based gambling platform in the spirit and style of SatoshiDICE. Players send ether to a smart contract, which pays out rewards based on random numbers. Numbers.org serves as the oracle. The service has been live since June 2016 and claims to have processed over 6,000 bets to date. They are selling vSlice tokens, an Ethereum meta-token that entitles holders to 50% of house profits.
What is the token being sold?
vSlice is the object of the crowdsale. Holders of vSlice are entitled to a share of house profits. It has no other role on the vDice Dapp.
The maximum supply of vSlice is capped at 96 million (this will be the supply if the ICO reaches its maximum funding goal of 700,000 ETH). If the ICO doesn’t reach maximum funding, the supply of vSlice will be capped in proportion to the amount of ETH earned during the ICO. After the ICO ends, no more vSlice will ever be issued.