EtherSport - Innovative and fully decentralized sports prediction platform. Based on blockchain technology and Ethereum smart contracts.

bigmen (34)in #ico • 7 years ago

About EtherSport

EtherSport is a platform where people all over the world can place bets on sports events. The lottery mechanism is done through Ethereum contracts which guarantees fair and transparent results, avoiding any risks and corruption. EtherSport has a number of advantages such as security, simple user registration process, anonymity, the open and clear process of all currency transactions, prompt prize payout without any hidden fees.

Technical Implementation

Smart Contracts Technology EtherSport’s operation core is based on the Ethereum platform, which is intended for creating decentralized online services. Implementation of smart contracts allow the system to eliminate the main disadvantages of the traditional gambling business. Thanks to the transparency and cryptographic reliability, EtherSport plans to attract thousands and millions of new players from all over the world. EtherSport protocol solves the problem of trust between all the network’s participants.

In the traditional lotteries and bookmaker companies, there is a large number of employees that are in charge of the betting validation and payouts. This often leads to the possibility of various fraud schemes that depend on the human factor. Those are always made in favor of the bookmakers, lotteries and all possible middlemen, but not in favor of the players. Smart contracts in EtherSport protocol eliminate these disadvantages.

They act automatically according to the Code is a Law principle. In fact, they are an escrow element within the network. All information about the bets is kept on the blockchain, which makes the payout system 100% transparent — NO hidden interests and temptations for various manipulations, based on the human factor and directed against the players.

About EtherSport Token

Ethersportcoin (ESC) is an ERC20 token built on the Ethereum platform.
ESC tokens can be used as platform currency for buying lottery tickets; as an investment to get dividends - 15% of the raised money from each lottery; as a speculative commodity to trade on an exchange. Now is a great chance to get tokens during the ICO.

The benefits of EtherSport

EtherSport provides a completely new betting experience for players all over the globe.

Simple start

Easy registration that requires a minimum of personal information. No third party system will hold the user data.

Unlimited winnings

No limitations on bet and reward amounts. Fast and cheap withdrawals in cryptocurrency.

100% fair and transparent

No hidden fees and manipulations. Transparent results and payout system.

24/7 non-stop games

Every 4 hours a new lottery ticket comes out. It contains the most popular sport events from all around the world.

Easy to play

Just get a lottery ticket with a line of sport events and predict results. Win a prize or even a jackpot!

Earn money

Get a prize or win a jackpot if you are a player. Gain a permanent profit from each lottery if you are investor in our ICO.

How does the lottery work?

The first game mode we are going to develop is the Lottery 11. It's a line of 11 unrelated events in football, baseball, tennis or any other sport. The user needs to choose one of the three options (victory of either team or draw) for each match.

Profit Distribution

Ethersportcoin Token (ESC)

Ethersportcoin Token (ESC) Information about the ESC token Internal tokens EtherSport are called ESC (short of the Ethersportcoin ) and comply with the ERC20 standard.

ESC is an internal currency and is used to conduct all operations within the EtherSport system. For ESC, you can buy lottery tickets, as well as make and accept bets (P2P). The key to your EBC can be stored on the wallet provided by EtherSport platform, on the standard Ethereum wallet, or on the wallet supporting the ERC20.

ESC Tokens Distribution

During the ICO, 100,000,000 ESC tokens will be created:

• 70% ( 70’000’000 ESC ) will be distributed publicly within Pre-ICO and ICO;

• 13% ( 13’000’000 ESC ) will remain at EtherSport for supporting the game process;

• 1% ( 1’000’000 ESC ) will be left in the system for building the first jackpot;

• 5% ( 5’000’000 ESC ) will be allocated for the bounty campaign;

• 1% ( 1’000’000 ESC ) will be distributed among advisors;

• 5% ( 5’000’000 ESC ) will be paid to the project founders and the team;

• 5% ( 5’000’000 ESC ) will be paid to the Angel investors.

ICO Flow

Each participant of the EtherSport crowdfunding campaign will receive a respective amount of ESC tokens. Investors will have access to the preliminary token sale within Pre-ICO.

During the Pre-ICO, 10,000,000 ESC tokens will be sold at 0.0005 ETH for 1 ESC . Token distribution during ICO will be implemented in 4 stages . In general, ICO will last one month.

Tokens that were not sold at a certain stage, will pass to the next stage. Part of the money collected within the ICO will go to the initial bank of the “Lottery 11” for to the jackpot. At the moment of the system creation, EtherSport will invest in a jackpot of 1,000,000 ESC , including unsold tokens left in the smart contract

Budget Distribution

With the aim of creating the EtherSport platform as soon as possible, an amount of not less than $500,000 should be collected . The maximum amount that should be collected by EtherSport for realization of all basic and additional functions, as well as the global promotional campaign and attraction of as many participants as possible, is beyond discussion.

EtherSport will invest the funds received during ICO in the project development and the global marketing campaign (South and North America, UK, Australia, China, South Korea, Portugal, Brazil, France, Germany, Spain, Italy, Bulgaria, Ukraine, Russia, Kazakhstan, Belarus, Israel, countries of the Arabian Peninsula, India, etc.).