"Etherjack.io" Jackpot Based Game On Smartcontracts From Ethereum,

https://etherjack.io/

Etherjack is a Jackpot Game based on smartcontracts from ethereum, in this platform the participants will be in a game transparent, fair, safe and it all depends only on the participants, not on the developers.

Etherjack allows participants to compete in a certain duration jackpot game, Participants in the game wanting to get a jactpot must bid in advance and if nobody is bidding after you within a certain time limit, then you can take the entire jackpot.

Even more cool is that each participant in this game can win the jackpot up to 10x if the participant bids at the right time. All submissions will be processed in a transparent and secure manner as directly through blockchain ethereum.

Online gambling developments will continue to grow annually as online gambling volume in 2017 has reached $ 47 million and will continue to increase over time, following online gambling market statistics from 2009-2020.

The basic rules are simple enough. There is a jackpot, whenever claimed by
player (last offer), and there is a running countdown timer. If someone is bidding
(by sending a number of smart contracts Ether to Jackpot), that person now
claiming jackpot, bid added to jackpot, and timer reset.

If nobody claims the jackpot when the timer runs out, it will continue to the end
the person who made the offer Over time, the offer price went up (from 0.005 ETH, up
more than 1 ETH), and the timer duration drops (from 3 hours to 5 minutes).
There's a second-rate meta-game prize: each bid of 20, 50, and 100 also wins
"Little reward": 10% of the offer price during the same period. As an example,
any 20 bids won the 10% Eter used for the last 20 bids. If all of these offers exist
created on Ether, and the offer price does not change, it will double the offer
price. If multiple bids are made at JACK, the amount will be smaller. If
The change in the offer price, the amount will depend on the moment in the price interval
changed.

All of the above described are fully implemented in smart contracts
publish the source code, which means it can be verified and audited by the public.
All smart contract variables are made public for the same purpose.
If players double, triple, and more, bid amount, they buy JACK tokens
an additional amount of Token can be used to place a bid without issuing Ether then,
for investment, or later sale at a higher price. See "JACK Token Economy"
below for details.

Excision problems

When you bid, your chances of winning no more than your previous bid. Actually this is higher because the timeout is getting shorter all the time.
By the time everyone says "I'll skip this moment", the last winner will win.

Smart contract token

Smart Contract
The main components of JACK tokens tokens, offers, and Game Gifts - are written as smart contracts by Ethereum, whose source code is published.

This means the game is completely transparent and fair, and anyone can audit it.

• Defining JACK Token and its transfer function
• Handle deposit and withdraw (tap transfer to Croupier and
apply custom logic)
• Handle token bids (intercept transfer to Jackpot and apply custom logic)
• Handling of freezing and freezing of deposit (API only available for Croupier)
token sales through Jackpot contract

There is a fixed supply of 1 million JACK, which can only go down. Every time there is a sign
Used to bet, it is burned irreversibly, thereby reducing the total supply. JACK Tokens can be transferred freely between players or traded on the exchange. When Tokens are sent to Croupier, they will count against the user's deposit with an on-chain Croupier. Later, all deposits can be withdrawn, on-chain wear Data deposits are stored in blockchain. If the deposit owner wants to sell the token through their Jackpot contract Ask Croupier to do so. The Token contract froze the deposit with a request of Croupier, thus making it available for off-chain manipulation on the Croupier side.
If the user wants to stop selling and return JACK back to the deposit, Croupier will request an unfreezing deposit, which will return the deposit amount back to the Jackpot Smart Contract blockchain

Jackpot's smart contract runs the game:

• ICO Stage: sells tokens for investment
• Start the game when ICO destination is completed
• Ether Bid
• Token Bid
• Tracking and payment of small rewards
The final conditions of the game
• Jackpot Payment

JACK Economic Token

Overview of JACK

Jack Tokens is the game's internal currency. JACK does not have any fractions, the symbol is "JACK". The JACK token is obtained during the ICO phase, and can be obtained later at
games, and can be used by investors (ICO participants) and players (non-ICO game participants) to utilize game operations, take advantage of JACK prices, and use JACK to bid without removing Eher.

Token JACK is the token ERC20, can be seen at the following address:

Symbol: "JACK", decimal: 0.

The token Solidity code is available for general review at eterscan.io.
The Theory Behind the Value of JACK
The JACK token has an intrinsic value because of its two token functions:
This can be used for non-Ether offerings (hence the value is not less than the offer price at any time);
JACK tokens are sold through Jackpot (dividend) contracts.
The value of JACK is supported by the presence of jackpot prizes, because the jackpot is the driving factor behind the player who put up the offer.

ICO

Bounty Campaign

In addition, we launch gift campaigns at bitcointalk.org for additional
visibility and deployment of the crypto communities around the world.
The bounty campaign consists of:

• Localization (website and documentation) into the main language;
• Social promotion: sharing on social networks;
• Bitcointalk.org signatures and avatars;
• Articles, YouTube videos and other media


For More Information Visit:

Website: https://etherjack.io/

Whitepaper: https://etherjack.io/EtherJack.io.pdf

Twitter: https://twitter.com/etherjack_io

Telegram: https://t.me/EtherJack_io

Author :  (kadutz25)

My Bitcointalk Profile :  https://bitcointalk.org/index.php?action=profile;u=1097203

ETH Address :  0xdEC674B90e22c53B19569b54AD23F8c50CB4cF9C