- Oct 4, 2017
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[ANN] EtherSport, decentralized sports lottery platform
- Thread starter Ethersport
- Start date
- Oct 4, 2017
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2nd stage of EtherSport ICO is over. Current ESC token price is at 0.0017 ETH, and will be there until November, 30th, 9 PM UTC.
To take part in the ICO and contribute, head over to ethersport.io and press 'Get ESC tokens.'
To take part in the ICO and contribute, head over to ethersport.io and press 'Get ESC tokens.'
- Oct 4, 2017
- 31
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ETHERSPORT ICO IS IN FULL STEAM
The EtherSport ICO is taking place right now! Don’t miss your chance to obtain ESC tokens for the last discounted price of 0.0017 ETH right now. Visit https://ethersport.io/ and press BUY ESC TOKENS to get started. This is the 3rd ICO stage, and the next one will offer your ESC tokens for their full price of 0.002 ETH, so don’t waste your time!
The EtherSport MVP will be rolled out on the test network in the beginning of this December, to provide everyone with a hand-on experience of our Lottery 11, a revolutionary type of transparent decentralized lottery, based on sports events results.
In Lottery 11, a Lotter publishes a line of 11 unrelated events to the network — a lottery ticket, which is a bet. Each lottery ticket is limited by time and contains events that all start almost at the same time (60 minutes difference is allowed) and last the next 3 hours. We keep 1 hour of buffer time in case of delays at some events. By the end of event, the results will be processed by EtherSport system and jackpot will be raffled off.
Each event has three (in some cases two) ways of outcome: 1st team wins, draw or 2nd team wins. In some sports (like tennis), the draw is not possible — in this case, the event has only two variants of outcome, win of the first or win of the second team. Players buy lottery tickets for internal ESC tokens. The cost of each lottery ticket is equivalent to $1 and displayed in ETH, the value of which will constantly differ depending on the ETH/USD rate. Players fill it in and confirm the ticket by sending it to the blockchain.
Join EtherSport ICO to take part in a completely new product.
Read the white paper: https://ethersport.io/whitepaper.pdf
The EtherSport ICO is taking place right now! Don’t miss your chance to obtain ESC tokens for the last discounted price of 0.0017 ETH right now. Visit https://ethersport.io/ and press BUY ESC TOKENS to get started. This is the 3rd ICO stage, and the next one will offer your ESC tokens for their full price of 0.002 ETH, so don’t waste your time!
The EtherSport MVP will be rolled out on the test network in the beginning of this December, to provide everyone with a hand-on experience of our Lottery 11, a revolutionary type of transparent decentralized lottery, based on sports events results.
In Lottery 11, a Lotter publishes a line of 11 unrelated events to the network — a lottery ticket, which is a bet. Each lottery ticket is limited by time and contains events that all start almost at the same time (60 minutes difference is allowed) and last the next 3 hours. We keep 1 hour of buffer time in case of delays at some events. By the end of event, the results will be processed by EtherSport system and jackpot will be raffled off.
Each event has three (in some cases two) ways of outcome: 1st team wins, draw or 2nd team wins. In some sports (like tennis), the draw is not possible — in this case, the event has only two variants of outcome, win of the first or win of the second team. Players buy lottery tickets for internal ESC tokens. The cost of each lottery ticket is equivalent to $1 and displayed in ETH, the value of which will constantly differ depending on the ETH/USD rate. Players fill it in and confirm the ticket by sending it to the blockchain.
Join EtherSport ICO to take part in a completely new product.
Read the white paper: https://ethersport.io/whitepaper.pdf
- Oct 4, 2017
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24 HOURS LEFT TO GET ESC TOKENS FOR THE LAST DISCOUNTED PRICE!
The 3rd stage of public ICO ends tomorrow. Hurry up to get your ESC tokens for the last discounted price of 0.0017 ETH.
To take part in the ICO, go to https://ethersport.io/ and press GET ESC TOKENS.
ESC Tokens will make you eligible for monthly bonus payment taken from 15% share of EtherSport platform profits.
EtherSport MVP will be available for public testing soon!
The 3rd stage of public ICO ends tomorrow. Hurry up to get your ESC tokens for the last discounted price of 0.0017 ETH.
To take part in the ICO, go to https://ethersport.io/ and press GET ESC TOKENS.
ESC Tokens will make you eligible for monthly bonus payment taken from 15% share of EtherSport platform profits.
EtherSport MVP will be available for public testing soon!
- Oct 4, 2017
- 31
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ADDITIONAL BONUS FOR ALL ICO STAGE 4 PARTICIPANTS
Due to the drastically increased Ether price we've decided to bring the value of ESC tokens into it's projected USD price interval. Thus, all participants of EtherSport ICO Stage 4, starting at 7 am UTC on the 1st of December, will receive a 50% bonus to all their contributions after the ICO ends.
No action is needed from you — to take part in the ICO simply go to ethersport.io, press the 'Get ESC tokens' button, and follow the instructions for contribution. We will calculate your 50% bonus after the ICO based on the transactions of your contributions. We hope this will leverage the extreme increase of ETH price and will bring back the ESC to a reasonable USD value.
Due to the drastically increased Ether price we've decided to bring the value of ESC tokens into it's projected USD price interval. Thus, all participants of EtherSport ICO Stage 4, starting at 7 am UTC on the 1st of December, will receive a 50% bonus to all their contributions after the ICO ends.
No action is needed from you — to take part in the ICO simply go to ethersport.io, press the 'Get ESC tokens' button, and follow the instructions for contribution. We will calculate your 50% bonus after the ICO based on the transactions of your contributions. We hope this will leverage the extreme increase of ETH price and will bring back the ESC to a reasonable USD value.
- Oct 4, 2017
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ETHERSPORT'S STATEMENT ON ETH EXCHANGE RATE RISE COMPENSATION
Due to the controversial response of the EtherSport community to our decision to set the ESC token price during 4th ICO stage closer to a fair level, we would like to express the following thorough explanation.
The EtherSport’s ICO white paper contains the rules and algorithm of this ICO. The team was developing it in accordance with expectations of a stable ETH price of no more than $400. All the prices in ETH are outlined using this exchange rate and it was considered as obvious, regarding the then-stable ETH exchange rate. We consider the situation of the rapid increase in the ETH exchange rate to up to $510 a force majeure which brings the prospected token prices out of the reasonable margin. This is why we decided to introduce an additional compensation (i.e. bonus) for those who invest in the ICO without a reasonable token price, to bring the value of tokens they obtain to a reasonable and ordinary range. We only go for such measures for the sake of caring about all our investors and their comfort and to bring EtherSport back to progress. We admit that the EtherSport white paper lacks any interpretation of such measures, but it is still yet a force majeure for us which could not be foreseen with the stable ETH exchange rate during the time this white paper has been developed.
The EtherSport platform is built utilizing blockchain technology and Ethereum smart contracts. We also urge to provide a decentralized system which will not require any KYC procedures required by systems working with fiat currencies. Hence, we are forced to bond all calculations and ESC token to ETH first, instead of bonding it directly to USD and/or other fiat money. We know that most of our investors use fiat currencies for investment, using ETH only as an exchange medium. This is an essential situation for a project that doesn’t only count on cryptocurrency enthusiasts who have ETH naturally, but also targets a wide community of gamblers, lottery players, and bookmakers, who don’t usually have an ETH balance and make all their considerations in fiat money. This is why we say that the ESC price is tied directly to the USD price, and ETH is being used as a conversion medium only. We would love to develop all prices in ETH and skip a lot of unnecessary conversions as well, but as this market is too volatile and it has a USD price, we simply can’t do this.
We have indicated a target exchange rate for ESC tokens in dollars instead of ETH, as a logical value regarding the principles of platform operations and the price of a lottery ticket. Of course, the real value will be decided by the community and the market once tokens hit an exchange, but there should be a target exchange rate used at least for determination of the token price during the ICO and calculations of all future operations within the working platform. And yes, we set this target exchange rate in USD, as 99,99999% of the world base their considerations on USD, and the majority of our investors use fiat currencies in their everyday life and they can comfortably decide the value of their investments without complicated calculations. Of course, when the Ethereum community will grow times more it’s currents size, this bond to USD will become obsolete and we’ll be able to omit it, but now it is absolutely impossible.
In case of the ETH exchange rate changes drastically again, we will implement similar measures based on momentary USD price of ESC tokens. Current 50% bonus corridor we have for the new-coming investors is at 430 to 600 USD per ETH. If the exchange rate falls below, we will cancel the bonus for new investors coming after that moment. If the exchange rate hits the next corridor of 600 to 800 USD, we will implement a further 50% bonus to obtain back the economically reasonable USD price for our ESC tokens.
All these measures are pulled exclusively for caring about all investors, including the latest ones, for the sake of getting the EtherSport community to stable growth and implementing the platform that will pay back our investors as soon as possible.
Due to the controversial response of the EtherSport community to our decision to set the ESC token price during 4th ICO stage closer to a fair level, we would like to express the following thorough explanation.
The EtherSport’s ICO white paper contains the rules and algorithm of this ICO. The team was developing it in accordance with expectations of a stable ETH price of no more than $400. All the prices in ETH are outlined using this exchange rate and it was considered as obvious, regarding the then-stable ETH exchange rate. We consider the situation of the rapid increase in the ETH exchange rate to up to $510 a force majeure which brings the prospected token prices out of the reasonable margin. This is why we decided to introduce an additional compensation (i.e. bonus) for those who invest in the ICO without a reasonable token price, to bring the value of tokens they obtain to a reasonable and ordinary range. We only go for such measures for the sake of caring about all our investors and their comfort and to bring EtherSport back to progress. We admit that the EtherSport white paper lacks any interpretation of such measures, but it is still yet a force majeure for us which could not be foreseen with the stable ETH exchange rate during the time this white paper has been developed.
The EtherSport platform is built utilizing blockchain technology and Ethereum smart contracts. We also urge to provide a decentralized system which will not require any KYC procedures required by systems working with fiat currencies. Hence, we are forced to bond all calculations and ESC token to ETH first, instead of bonding it directly to USD and/or other fiat money. We know that most of our investors use fiat currencies for investment, using ETH only as an exchange medium. This is an essential situation for a project that doesn’t only count on cryptocurrency enthusiasts who have ETH naturally, but also targets a wide community of gamblers, lottery players, and bookmakers, who don’t usually have an ETH balance and make all their considerations in fiat money. This is why we say that the ESC price is tied directly to the USD price, and ETH is being used as a conversion medium only. We would love to develop all prices in ETH and skip a lot of unnecessary conversions as well, but as this market is too volatile and it has a USD price, we simply can’t do this.
We have indicated a target exchange rate for ESC tokens in dollars instead of ETH, as a logical value regarding the principles of platform operations and the price of a lottery ticket. Of course, the real value will be decided by the community and the market once tokens hit an exchange, but there should be a target exchange rate used at least for determination of the token price during the ICO and calculations of all future operations within the working platform. And yes, we set this target exchange rate in USD, as 99,99999% of the world base their considerations on USD, and the majority of our investors use fiat currencies in their everyday life and they can comfortably decide the value of their investments without complicated calculations. Of course, when the Ethereum community will grow times more it’s currents size, this bond to USD will become obsolete and we’ll be able to omit it, but now it is absolutely impossible.
In case of the ETH exchange rate changes drastically again, we will implement similar measures based on momentary USD price of ESC tokens. Current 50% bonus corridor we have for the new-coming investors is at 430 to 600 USD per ETH. If the exchange rate falls below, we will cancel the bonus for new investors coming after that moment. If the exchange rate hits the next corridor of 600 to 800 USD, we will implement a further 50% bonus to obtain back the economically reasonable USD price for our ESC tokens.
All these measures are pulled exclusively for caring about all investors, including the latest ones, for the sake of getting the EtherSport community to stable growth and implementing the platform that will pay back our investors as soon as possible.
- Oct 4, 2017
- 31
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EtherSport Launches The MVP
Dear EtherSport community,
We are happy to finally present you the EtherSport MVP!
Naturally, we were thriving to launch it with the ICO beginning, but due to the complexity of the smart contract and other implemented know hows to make the project as easy as possible, we didn’t manage to.
Of course, there will be lots of changes of the MVP to optimize the prediction process and to ensure capitalization of the project, so we welcome you to check the new functions sometimes.
Also, we are announcing a test net prediction competition. All registered participants are welcome to predict the outcome of all lines to receive a prize in ESC tokens. 1st place will win 3000 ESC, 2nd will achieve 1500 ESC, and 500 ESC will be granted to the 3rd place. The more matches you predict correctly — the more your chances for a prize!
We tried to keep the interface as simple as possible, so there are no distracting factors. Currently, the MVP includes the player interface and EtherSport official lines, but we are working on the independent Lotter capabilities and will add them really soon.
During the early testing stages, testers are welcome to fulfill three lines a day, provided by EtherSport.
To predict the results in one line, just press on it, enter your predictions and press ‘Try.’ And that’s all, enjoy the sports and wait for the results!
The possibility to become a Lotter and create your own lines will be added later, after we will determine the conditions for becoming a Lotter based on the gaming process and develop the appropriate functionality. These conditions will be developed in a way offering the best utilization of blockchain and smart contract technology, and to keep the amount of Lotters and their lines at an optimal point.
Thank you for taking part in the MVP testing and we wish you the best luck with the determination of lines provided with the test product and taking part in the competition!
If you have any questions, don’t hesitate to ask them in our Telegram chat.
Good luck!
EtherSport
Dear EtherSport community,
We are happy to finally present you the EtherSport MVP!
Naturally, we were thriving to launch it with the ICO beginning, but due to the complexity of the smart contract and other implemented know hows to make the project as easy as possible, we didn’t manage to.
Of course, there will be lots of changes of the MVP to optimize the prediction process and to ensure capitalization of the project, so we welcome you to check the new functions sometimes.
Also, we are announcing a test net prediction competition. All registered participants are welcome to predict the outcome of all lines to receive a prize in ESC tokens. 1st place will win 3000 ESC, 2nd will achieve 1500 ESC, and 500 ESC will be granted to the 3rd place. The more matches you predict correctly — the more your chances for a prize!
We tried to keep the interface as simple as possible, so there are no distracting factors. Currently, the MVP includes the player interface and EtherSport official lines, but we are working on the independent Lotter capabilities and will add them really soon.
During the early testing stages, testers are welcome to fulfill three lines a day, provided by EtherSport.
To predict the results in one line, just press on it, enter your predictions and press ‘Try.’ And that’s all, enjoy the sports and wait for the results!
The possibility to become a Lotter and create your own lines will be added later, after we will determine the conditions for becoming a Lotter based on the gaming process and develop the appropriate functionality. These conditions will be developed in a way offering the best utilization of blockchain and smart contract technology, and to keep the amount of Lotters and their lines at an optimal point.
Thank you for taking part in the MVP testing and we wish you the best luck with the determination of lines provided with the test product and taking part in the competition!
If you have any questions, don’t hesitate to ask them in our Telegram chat.
Good luck!
EtherSport
- Oct 4, 2017
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ETHERSPORT STARTS THE PRIZE-WINNING TESTING
Dear EtherSport community,
Just as planned, EtherSport is starting the prize-winning test lottery period from 00:00 UTC on 17th December 2017. We have allocated 10,000 ESC tokens for this two-month test lottery period, which will be divided into one-month periods. Each period, there will be three winners, eligible for 3000 ESC for the 1st place, 1500 ESC for the 2nd, and 500 ESC for 3rd place.
Each lottery has free tickets, and wins give players the points. A player who correctly predicts the outcome of 7 events in a line, will receive 1 point, 8 events will give 2 points, 9 guessed sports events will make players eligible for 3 points, 10 events for 5 points and 11 events will give players 8 points. Amount of collected points and results of all events will be published on the platform, at https://mvp.ethersport.io All lines before 00:00 UTC on 17th December 2017 will be annulated and not rewarded with points.
In case of a delayed or canceled event or an erroneous event in the line, the result of such match will be published as a draw (X). If the sport doesn’t allow draws, the event will be marked as the victory of the 1st team. This condition is required by the smart contract for faster determination of results and to keep 11 events in a line instead of making smaller lines, for keeping the chances equal for all lottery participants.
Each EtherSport player has an ability to play no more than 5 lines daily during the testing period to equate the chances of a win. This will be re-checked during the calculation of test period rewards using both login and IP data, and all violators will be excluded from the rewarding list.
EtherSport will keep the right to make changes to the site and game process during the testing period for the sake of tweaking it to the best possible outcome for all players, with keeping the sports events results and the achieved points without any changes by EtherSport. Thus, the most updated rules will be posted in the Medium story available here:
https://medium.com/@ethersport/ethersport-starts-the-prize-winning-testing-143d1ab47600
Once the testing period is over, we will contact the winners via the email indicated during the sign-up process and will ask to provide their wallet addresses for token allocation.
Enjoy sports events and best luck in winning with EtherSport!
https://ethersport.io/
Dear EtherSport community,
Just as planned, EtherSport is starting the prize-winning test lottery period from 00:00 UTC on 17th December 2017. We have allocated 10,000 ESC tokens for this two-month test lottery period, which will be divided into one-month periods. Each period, there will be three winners, eligible for 3000 ESC for the 1st place, 1500 ESC for the 2nd, and 500 ESC for 3rd place.
Each lottery has free tickets, and wins give players the points. A player who correctly predicts the outcome of 7 events in a line, will receive 1 point, 8 events will give 2 points, 9 guessed sports events will make players eligible for 3 points, 10 events for 5 points and 11 events will give players 8 points. Amount of collected points and results of all events will be published on the platform, at https://mvp.ethersport.io All lines before 00:00 UTC on 17th December 2017 will be annulated and not rewarded with points.
In case of a delayed or canceled event or an erroneous event in the line, the result of such match will be published as a draw (X). If the sport doesn’t allow draws, the event will be marked as the victory of the 1st team. This condition is required by the smart contract for faster determination of results and to keep 11 events in a line instead of making smaller lines, for keeping the chances equal for all lottery participants.
Each EtherSport player has an ability to play no more than 5 lines daily during the testing period to equate the chances of a win. This will be re-checked during the calculation of test period rewards using both login and IP data, and all violators will be excluded from the rewarding list.
EtherSport will keep the right to make changes to the site and game process during the testing period for the sake of tweaking it to the best possible outcome for all players, with keeping the sports events results and the achieved points without any changes by EtherSport. Thus, the most updated rules will be posted in the Medium story available here:
https://medium.com/@ethersport/ethersport-starts-the-prize-winning-testing-143d1ab47600
Once the testing period is over, we will contact the winners via the email indicated during the sign-up process and will ask to provide their wallet addresses for token allocation.
Enjoy sports events and best luck in winning with EtherSport!
https://ethersport.io/
- Oct 4, 2017
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Roles In The EtherSport Platform
EtherSport protocol contains certain roles, their rights and responsibilities within the system. In the original protocol design, the following roles exist:
EtherSport (The official lotter)
EtherSport platform offers its own lottery, rules, results and winning funds distribution. Our responsibility is to provide a list of all events and their results from the certain sport leagues. Moreover, EtherSport provides a simplified internal exchange of the ESC to Ethereum.
Players
Can buy lottery tickets from lotters to participate in the “Lottery 11”, as well as play peer2peer on the proposed by other players’ terms and conditions.
Lotters
Can create and host “Lottery 11”. In fact, this is a player who has fulfilled some requirements and got the right to publish their version in the “Lottery 11”. Each lotter receives a percentage of the amount of bets collected from the line provided by him. Requirements to become a Lotter will be described in the rules published on the EtherSport system.
System developers
Interested in developing and improving the EtherSport infrastructure. After launching the core functions, the team of developers will continue improving the system, add new functions, and stay active participants of the EtherSport community. This will guarantee development of the product and growth in demand for tokens.
Token holders
The system’s users who will hold EtherSport tokens on their wallets.
EtherSport protocol contains certain roles, their rights and responsibilities within the system. In the original protocol design, the following roles exist:
EtherSport (The official lotter)
EtherSport platform offers its own lottery, rules, results and winning funds distribution. Our responsibility is to provide a list of all events and their results from the certain sport leagues. Moreover, EtherSport provides a simplified internal exchange of the ESC to Ethereum.
Players
Can buy lottery tickets from lotters to participate in the “Lottery 11”, as well as play peer2peer on the proposed by other players’ terms and conditions.
Lotters
Can create and host “Lottery 11”. In fact, this is a player who has fulfilled some requirements and got the right to publish their version in the “Lottery 11”. Each lotter receives a percentage of the amount of bets collected from the line provided by him. Requirements to become a Lotter will be described in the rules published on the EtherSport system.
System developers
Interested in developing and improving the EtherSport infrastructure. After launching the core functions, the team of developers will continue improving the system, add new functions, and stay active participants of the EtherSport community. This will guarantee development of the product and growth in demand for tokens.
Token holders
The system’s users who will hold EtherSport tokens on their wallets.
- Oct 4, 2017
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ETHERSPORT ICO IS OVER
We have gathered $250,000 and will develop the EtherSport platform faster now. Try out the MVP at http://mvp.ethersport.io !
Block 4788059 was the last block of the ICO.
The 50% and 100% bonuses will be distributed to corresponding investors within a week.
We have gathered $250,000 and will develop the EtherSport platform faster now. Try out the MVP at http://mvp.ethersport.io !
Block 4788059 was the last block of the ICO.
The 50% and 100% bonuses will be distributed to corresponding investors within a week.
- Oct 4, 2017
- 31
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First Stage of EtherSport Prize-Winning Testing Period Ends
Hello everyone,
The EtherSport team would like to remind that the 1st stage of prize-winning testing period of EtherSport ends on 17th January, 2018. The last lines for this stage will be those opened on the 16th. The following lines, starting from 17th, will be considered as part of the 2nd month of prize-winning test period.
At the moment, before the last lines, the places are as follows:
• 1st and 2nd places are shared between Vid*******@mail.ru and les*******@ukr.net who both have 36 points;
• 3rd place for ket*******@gmail.com with 12 points;
• 4th place for rod*******@gmail.com with 11 points;
• 5th place for mak*******@yandex.com with 10 points.
Forecaster im*******@yzip.com has been disqualified for both filling more than 5 lines a day and for filling one line more than 5 times.
The final results will be published within 24 hours after the first period, once all lines started on 16th of January are closed.
In case of equality of points between holders of places 1 to 3, we will offer them an additional line for selecting those who have predicted the most matches correctly, as a winner, independently of the amount of predicted matches.
THIS LINE WILL BE OFFERED ONLY FOR THOSE FORECASTERS AND THE RESULTS WILL BE OPEN FOR FOLLOWING ONLINE IN REAL-TIME!
Have a lucky day everyone!
Hello everyone,
The EtherSport team would like to remind that the 1st stage of prize-winning testing period of EtherSport ends on 17th January, 2018. The last lines for this stage will be those opened on the 16th. The following lines, starting from 17th, will be considered as part of the 2nd month of prize-winning test period.
At the moment, before the last lines, the places are as follows:
• 1st and 2nd places are shared between Vid*******@mail.ru and les*******@ukr.net who both have 36 points;
• 3rd place for ket*******@gmail.com with 12 points;
• 4th place for rod*******@gmail.com with 11 points;
• 5th place for mak*******@yandex.com with 10 points.
Forecaster im*******@yzip.com has been disqualified for both filling more than 5 lines a day and for filling one line more than 5 times.
The final results will be published within 24 hours after the first period, once all lines started on 16th of January are closed.
In case of equality of points between holders of places 1 to 3, we will offer them an additional line for selecting those who have predicted the most matches correctly, as a winner, independently of the amount of predicted matches.
THIS LINE WILL BE OFFERED ONLY FOR THOSE FORECASTERS AND THE RESULTS WILL BE OPEN FOR FOLLOWING ONLINE IN REAL-TIME!
Have a lucky day everyone!
