SP8DE: REVOLUTIONAZING CASINO GAMING, BASED ON CARDANO BLOCKCHAIN AND USING CRYPTOCURRENCIES

The revolution of blockchain technology in casinos caused a negative outcome instead of a positive one. Its adoption, instead of promoting transparency and cost efficiency, promoted anonymity and cyber anarchy. In order to change this, Sp8de, a distributed intermediary for digital institutions, a platform that has the capability to supply unbiased randomness for developing and running distributed casino applications, has been established, leveraging blockchain technology for transparency, anonymity and trust. Its design suits the purposes of all actors of the online casino landscape. The decentralized nature of Sp8de will make casino be for everyone. In the European Union, between the first half of 2015 till the first half of 2016, the industry of online gambling grew by almost 19%, and over US$2 billion in revenues were generated by the casino industry, in this time. This value is expected to reach US$2.25 billion per year (12.5% revenue growth), between now and the year 2020. Also, globally, online casino is projected to grow about 130% between 2017 and 2025, reaching US$97 billion with a cumulative annual growth rate of nearly 11%. Sp8de’s idea involved running a zero-house edge decentralized casino with close-to-zero transaction fees and provably fair random numbers feeding entropy into a myriad of Smart-Contract-based open source casino applications that can be developed by anyone who has a worthy idea by means of state-of-the art application-specific as well general-purpose programming languages, consequently becoming the best iGaming protocol ever known.

SP8DE MECHANICS
Sp8de will be built on the blockchain called Cardano. Cardano is a colossal project that embraces most far-reaching innovations and best practices in cryptocurrencies, and packed them into a single state-of-art system, and is being developed and maintained by a large team made up solely of PhD’s in the programming and cryptography field, as well as experienced engineers. Sp8de provides an environment for the design of gambling applications which are characterized with:
• A mechanism to generate decentralized provenly uniform randomness at arbitrary time-spans
• 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, and
• 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)
The following problems associated with on-chain casinos are solved by Sp8de, utilizing Cardano;
• Random number generation
• Transaction fees and scalability
• Flexible and finance application-tailored scripting language

SP8DE TOKEN SALE
Sp8de token (SPX) will have a total distribution of 8,888,888,888 SPX, and 3,655,555,558.4 will be in the form of token sale, while 3,455,555,552 will be given as a jackpot to those that took part in the “token sale” rounds. 1,777,777,778 SPX will be vested with the team, for marketing, advisory, and further development of the Sp8de project. Note that a 1-year vesting period applies to these tokens. Also, SPX tokens received per ETH, decrease after each sale while distributed tokens increase following the Pre-Sale stage. The soft cap is 4,500 ETH, while the Hardcap is 31,000 ETH.

TOKEN SALE ROUNDS AND AMOUNTS
Pre-Sale
Tokens distributed - 888,888,888
SPX per ETH - 98,888
ETH - 8,989

Sale 1
Tokens distributed - 388,888,888
SPX per ETH - 88,888
ETH - 4,375

Sale 2
Tokens distributed - 585,858,585
SPX per ETH - 78,888
ETH - 7,426

Sale 3
Tokens distributed - 886,868,686
SPX per ETH - 68,888
ETH - 12,874

Sale 4
Tokens distributed - 905,050,511
SPX per ETH - 58,888
ETH - 15,369

TOKEN DISTRIBUTION AND JACKPOT SCHEDULE
Pre-Sale - January 8th, 2018 to February 8th, 2018
Sale I - February 08th, 2018 to February 14th, 2018
Jackpot I - February 15th, 2018 to February 15th, 2018
Sale 2 – February 16th, 2018 to February 22nd, 2018
Jackpot 2 - February 23rd, 2018 to February 23rd, 2018
Sale 3 - February 24th, 2018 to March 2nd, 2018
Jackpot 3 - March 3rd, 2018 to March 3rd, 2018
Sale 4 - March 4th, 2018 to March 10th, 2018
Jackpot 4 - March 11th, 2018 to March 11th, 2018

JACKPOTS
Note that, everyone who participated in the token sale will be eligible to receive tokens during the jackpots
Jackpot 1 – Tokens distributed (288,888,888)
Jackpot 2 - Tokens distributed (388,888,888)
Jackpot 3 - Tokens distributed (888,888,888)
Jackpot 4 - Tokens distributed (1,888,888,888)

DISTRIBUTION OF UNPURCHASED TOKEN
Pre-Sale
Foundation - 30%
Jackpot 1 – 30%
Jackpot 2 – 20%
Jackpot 3 – 20%

Sale 1
Foundation - 20%
Jackpot 1 - 15%
Jackpot 2 - 40%
Jackpot 3 - 25%

Sale 3
Foundation – 20%

Sale 4
Foundation – 30%

TOKEN UTILIZATION
Development – 45%
Operations – 20%
Legal – 10%
Marketing – 15%
Advisory – 10%

CROWDSALE PROCEEDS MANAGEMENT
Bitcoin (BTC) - 15%
Ethereum (ETH) - 15%
Cardano (ADA) - 40%
Ethereum Classic (ETC) - 15%
Ripple (XRP) - 15%

ROADMAP
December 2017 – Proof of Concept
January 2018 – Pre-Sale
8th February 2018 – ICO
March 2018 – Exchange Listing
July 2018 - MVP Protocol Development
August 2018 – ERC20 Token to Native Token
November 2018 – Hackathon Event
December 2018 – Platform Development
January 2019 – Conference

• Gaming License Acquisition
• First Game announcement
  February 2019 – Casino Launch
  May 2019 – Poker Protocol Development
  July 2019 – Poker Alpha Testing
  October 2019 – Poker Beta
  November 2019 – Poker Tournament

TEAM
Alexey Kashirsky - CEO & Co-Founder
Mikhail Krapivnoi - CIO & Co-Founder
Evgeny Borchers - CVO & Co-Founder
Alexander Baykiev - CMO & Co-founder
Lyubomir Serafimov - Chief Operating Officer
Mikhail Vakhrin - Chief Business Development Officer

ADVISORY BOARD
Konstantin Katsev - Blockchain Gambling Adviser
David Wainwright - Blockchain Gambling Adviser
Artemy Zorin - Graphics Design Adviser
Alexandr Uglov - Marketing Adviser
Norman Chou - Strategic Business Adviser
Viv Anand – Strategic Business Adviser
Daniel Montaner - Gambling Adviser
Lantz Litchfield, Ph.D. - Gaming Security Advisor
Alexandr Malkov - Legal Adviser
Dominikas Shpota - Legal Adviser
Brian Krug – Tech. Business Development Advisor
Andy Smith – Tech. Entrepreneurship Advisor

I trust that it has been an interesting read so far. I therefore urge everyone to become a part of the Sp8de project. For more information about this project, please feel free to click on any of the following links:
ANN thread: https://bitcointalk.org/index.php?topic=2659341
Website: https://sp8de.com/
Whitepaper: https://sp8de.com/sp8de_white_paper.pdf
Twitter: https://twitter.com/SP8DE_Official
Facebook: https://www.facebook.com/sp8deofficial/
Telegram: https://t.me/joinchat/B-YJaQ_ULpPKAzPHFPUa-Q

Published by: charleyles
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1344011
Ethereum wallet address: 0x69C516900e939e97C7c60Ca59bdaF15295556838