|Start Date||December 05, 2018|
|End Date||March 05, 2019|
The existing difficulties include, amongst other things, issues around
the deduction of third-party charges from winnings and the lack of availability of
payment methods in some territories. However, chief among the issues that
blockchain technology can potentially address are the issues of fairness and
transparency. In a traditional online gambling environment, players have no way of checking the fairness of any draw or result. They have to rely solely on trust and whatever checks and audits are in place under the regulatory regime applicable to the operator. Similarly, players typically cannot verify for themselves that winnings in a lottery are distributed honestly.
|Price||0.2768 USD||Sale||8,000,000||Payment Mode||ETH|
|Minimum Investment||0.1 ETH||Distribution||80%||Raised||N/A|
|Soft Cap||5,000 ETH||Hard Cap||20,000 ETH|
General ICO Warning:
Due to the high number of scams associated with initial coin offerings, Wise Cryptos does not recommend investing in any ICO. There are many sources quoting anything from 80% up to 95% failure rates of Initial Coin Offerings for one reason or another. While the exact figures are difficult to accurately identify, the overall trend is worrying and investing in an ICO often feels as risky as wildly and irresponsibly gambling at a cryptocurrency casino. This is a real shame for the genuine projects with real promise and practical and useful real world application.