vDice will close its crowdsale (ICO) on December 15, 2016, the Ethereum-based blockchain project announced recently.
The project, which aims towards decentralising gambling platforms, confirmed that it has already raised over 214,223 ether tokens, which at current time equates to over $1.80 million. With still one week to go, it would be reasonable to say that vDice’s crowdsale initiative has been a success, and has received a great response from the industry insiders and the cryptocurrency community in general.
The cryptocurrency gambling industry is one of the most competitive industries today. The growth has been immense and there are still no signs of it halting down. One of the main reasons behind the mind blowing growth is innovation. Paving the way for this innovation is vDice, the first casino to develop a completely trusted platform by using the Ethereum Blockchain technology.
vDice.io is autonomous and executes as a code on the Ethereum p2p network. After the successful launch and the positive response to the ICO, vDice has become the first profit- sharing cryptocurrency casino.
vDice’s fundraising campaign, launched on November 15, 2016, has turned into a resounding success as it has already raised over $1.8 million with still a week to go, before it ends on December 15, 2016.
The casino platform has big plans of developing the site further with the funds raised, as detailed in the whitepaper and development roadmap, already available on the vDiceICO website.
The investors will also be profited as they earn a share of vDice’s profits via vSlice or the crypto- token on offer during the period of crowdsale (ICO). The maximum number of vSlice on sale are limited to 96 million only and won’t be available after the ICO ends next week.
The vSlice will be tradable once the ICO ends and can be exchanged for other cryptocurrencies on multiple exchange platforms.
vDice is a unique casino platform as it doesn’t require its users to create an account in order to gamble on their platform. In the absence of any geographical restrictions, people can bet from anywhere they are. The bets are fair and the payouts are instant.
Bitcoin Price Eyes Triangle Breakout Above $6.4K
Bitcoin (BTC) is again trading in a narrowing price range above $6,400, but the lateral trading may soon give way to a rally, according to technical studies.
The price consolidation comes after Mon
Security firm G4S Has Launched a Crypto Custody Service
U.K.-based security services company G4S now offers a crypto custody service aimed to protect investors' holdings of digital assets.
Announcing the move in a press release on Oct. 16, the firm said
Gates Foundation Partners With Former Ripple CTO's Blockchain Project
The Bill and Melinda Gates Foundation has partnered with blockchain startup Coil as part of its mission to provide payment services for the unbanked.
The news comes via a tweet from Miller Abel, th
Mt Gox's Bitcoin Creditors Have 4 Days to Submit Rehabilitation Claims
Clients of the defunct crypto exchange Mt. Gox must submit claims for trapped funds by Oct. 22.
As previously reported by CoinDesk, the exchange first opened up the claims process in August, follow
Crypto Exchange Coinbase Open-Sources Its Security Scaling Tool
U.S.-based cryptocurrency exchange Coinbase is making a recently developed automated security scaling tool available to the public.
Called Salus, after the Roman the goddess of safety and well-bein
The SEC Is Setting Up a New Division to Talk to ICO Startups
The U.S. Securities and Exchange Commission (SEC) is launching a new division with the goal of making it simpler for fintech startups – including those launching initial coin offerings (ICOs) – to nav
Ripple's Head of Information Security Leaves for Token Startup
Ripple's head of information security is leaving the company.
Revealed exclusively to CoinDesk, Sujay Jaladi is departing the San Francisco-based firm, which is best known for its role in developin
Judge Orders Trading Firm, CEO to Pay $2.5 Million in Bitcoin Ponzi Case
The Commodity Futures Trading Commission has won a legal battle against a New York resident and his company for running a Ponzi scheme centered around bitcoin.
Between 2014 and early 2016, Gelfman