THE GAME OF CHANCE. CHANGED.

In the European Union the online gambling industry grew nearly 19% from the first half of 2015 until the first half of 2016. The casino industry in particular generated over US$2 billion in revenues during this period. It is expected that until 2020 this number will reach US$2.25 billion per year representing about 12.5% revenue growth [1]. In the US for the period 2015 until 2016 online casino revenues increased by 24.4% and are expected to reach US$4 billion by 2020 [2]. The EU and the US are just a small part of the worldwide casino industry. Globally, the projections of the online casino show that for the period 2017–2025 the market will experience growth of about 130% reaching US$97 billion with cumulative annual growth rate of nearly 11%. Currently over 6 million adults are officially participating in gambling activities around the world with projections of reaching 10 million by 2020

Since inception, the blockchain technology was the subject of close attention by gambling enthusiasts. Recent news from The Merkle [4] show how popular online Bitcoin betting has become. In aggregate the wagers put on online Bitcoin casinos in February 2017 have reached nearly 3 Bitcoin per minute. The price of Bitcoin at the end of February was about US$1,200 while now it is US$5,900 (approximately 292% growth) which means that as of today almost US$715 million worth of Bitcoin was gambled in February alone.

What is SP8DE?

Sp8de is a protocol for blockchain-based platform with multiple features that are essential for the growing blockchain gambling industry and whose solid implementation is lacking in any of the currently existing projects in this space.

BLOCKCHAIN TECHNOLOGY

Decentralized 3.0

• The backbone of Sp8de, the Cardano blockchain is the first Proof-Of-Stake protocol without security compromises.

Scalable and Efficient

• Tens of thousands of transactions per second: no user experience constraints.

Sp8de Smart Contracts

• Smart-Contracts scripting language that was specifically designed for this.

The Mechanics of Sp8de

Sp8de is the new-generation blockchain-based gaming platform aimed at all the participants of contemporary casino ecosystem. We call it “new-generation” as Sp8de satisfies all the aforementioned conditions of a ‘proper’ blockchain casino. We build Sp8de on top of the blockchain called Cardano [24]. The Cardano project itself is a monumental work that embraced the best practices and most far reaching innovations in the area of cryptocurrencies and packed them into a single state-of-art system. It is being developed and maintained by a large team comprised solely of PhDs in the field of programming and cryptography, and experienced engineers. In what follows we will illustrate how Sp8de provides an environment for the design of gambling applications which are characterized with: 1. Close-to-absent transaction fees and Proof-of-Stake powered scalability that is beyond the reach of any other on-chain casino protocol currently in existence; 2. A mechanism to generate decentralized provenly uniform randomness at arbitrary time-spans; 3. Provides rich Smart Contract functionality that allows for creativity in game design that is bounded solely by the fantasy of the developer (and the demand for the resulting product of course)

TOKEN UTILITY

Software license

Getting access to the universe of applications just requires you to own the native token of our system, SPX.

Gaming Chip

Betting within Sp8de ecosystem is done only using SPX. By owning SPX, you share a part in protocol’s success.

Royalties

SPX is used to reward the developers fairly on the protocol level.

TOKEN SALE

 

Sale The entire token distribution will be 8,888,888,888 of which 3,655,555,558.4 (41.125%) will be in the form of token sale and 3,455,555,552 (38.875%) will be given as a jackpot to those who have participated in the “token sale” rounds. The remainder of the tokens 1,777,777,778 (20%) will be vested with the team for the purposes of marketing, advisory, and further development of the project (see the Token Proceeds Utilization section for further details on the use of the proceeds from the token distribution). There is a one year vesting period that applies to these tokens. From Table 2 it becomes clear that the SPX tokens received per ETH are decreasing after each sale while the tokens distributed are increasing following the Pre-Sale stage.

More info :

https://sp8de.com/

https://twitter.com/SP8DE_Official

https://www.facebook.com/sp8deofficial/

https://t.me/joinchat/B-YJaQ_ULpPKAzPHFPUa-Q