Review on Etheroll by francis fernandez
TITLE: Etheroll - A Craps bet based on an Ethereum Blockchain
Etheroll (DICE) is a digital currency token that operates on the Ethereum blockchain. Its platform consists of a dice game based on a betting system that uses smart contract technology to guarantee fairness and security in each spin and its results.
How does Etheroll cryptocurrency work?
The platform uses the DICE token for multiple purposes within its network:
* DICE token holders are entitled to participate in game winnings. They have the right to receive 100% of the earnings from the house every 12 weeks. These are executed through the use of an Etheroll smart contract that transfers all the funds obtained by the house (bankroll) to the “rewards” contract. The distribution of rewards to token holders is done in proportion to the amount of DICE token they own.
The house funds (bankroll) are constituted from the Ether token holders collected during the token generation process.
The delivery date for these rewards is published on the platform's website.
Whats the game about?
The game consists of betting on the result of a dice roll limited to 1-100. You are a winner if the result is less than your number.
Where to access the game?
Players can use the Thosi mobile app or MetaMask or Mist browsers to enter the game.
What technology is used in this platform?
Because the Etheroll platform operates on the Ethereum chain; Computer programs called smart contracts are used to execute game orders, award rewards, establish bankroll terms and conditions and game risks.
Pros
- Allows players to place bets under a secure platform.
- It allows video game developers to use the blockchain technological tool to design their ecosystem and generate income from this service.
- Token holders have the opportunity to earn rewards in the same proportion of their funds.
Cons
- Because there is already a fixed supply of DICE token of 7.001.622.64; there will be no more cryptocurrency mining.
