Why Should You Invest in the EDGELESS ICO? - CRYPTO WATCH

There are not many projects out there that solve a real-world problem, rather to make a solution for something that they see as being a problem, but it really isn’t, at least not to a very large capacity.

ICO Website: https://edgeless.io/

EDGELESS is a project that many gamblers will welcome, it aims to solve the real world problems that online gambling sites currently have which are high fees, an unfair edge and lack of transparency. I discuss these issues in a previous article I wrote which can be found here;

EDGELESS Initial Coin Offering (ICO) Explained
https://steemit.com/steemit/@deanero/edgeless-initial-coin-offering-ico-explained-explained

In case you didn’t know, the online gambling and betting market is expected to be in the region of US$42.63 Billion by the end of 2016, and around US$96.89 Billion by the end of 2024.

EDGELESS is the very first of its kind where the tables have turned in the favour of the player and not for the filthy rich gains all other online casinos out there collect.

We have seen quite a few game changers of recent, with new technologies forcing existing industries to become more decent and to give more power back to the people rather than the big organisations, one such example is crypto-currencies.

Decentralised and deflationary currency is revolutionary and is forcing establishments such as banks to rethink their entire existence and in doing so, changing their policies and their structure to be more fair with their customers.

An example that would be used more akin to EDGELESS would be UBER or ‘Airbnb’, an application where people, both renters and people wanting to earn money from renting out their property both benefit from the platform and cutting out the hotels and travel inns, forcing these establishments to give more competitive rates and upping their game

EDGELESS is attempting to disrupt the online gambling business, and help prevent gamblers getting taken advantage of and to give all online players an enjoyable experience while having a fair chance at winning ‘every’ time. The typical house edge is between 0.1% to 15%, this exists because fiat currencies are slow and expensive, so these platforms need to have this edge to cover their operating costs.

However, this is not the same with crypto-currencies due to crypto-currencies having such low transaction fees and being able to do fast transactions with these transactions being very, very cheap and friction-less. We have already begun to see this with the use of Bitcoin as the currency used for some online gambling sites.

Bitcoin coming onto the scene has helped in the speed of transactions but not with transparency. This is where EDGELESS has the edge over all other existing online casinos in that players can expect to win just as much as they lose and that the platform is provably fair.

So, the profits gained by the EDGELESS team through the platform could be said to have been gained fairly, taken with complete fairness due to the nature of the platform where there is just the human error edge the house has over the users, which is typically at 0.83%.

EDGELESS Token Holders will have the opportunity to win 40% of the monthly profits every month as Token Holders will be able to join the Edgeless Lounge as part of the profit sharing model. The native token of the platform is (EDG).

Each month, 40% of the casino profits are automatically transferred to an EDGELESS Lounge Lottery prize pool using a Smart Contract, where all (EDG) Token Holders will be rewarded their fair share of the 40% profits taken, depending on the (EDG) Token proportion to other participants in the lottery.

All the capital raised through the ICO will be used for start-up development for the first 1-2 years, after which time the Edgeless Founders will have turned the casino into a profitable business. But for the future of EDGELESS’s life, investors will be rewarded 40% of all profits from the entire platform consisting of Black Jack, Video Poker, Dice and Sports Betting, with the added benefit that the tokens will be freely tradable. So if the platform is well received by the online gambling community, investors could end up being very well rewarded.

For such a platform to be created is a great thing for all the online gamblers out there but what’s even more amazing is that investors can be a part of this project from the ground floor. With the colossus amount of money in the industry, If EDGELESS manages to catch just 0.5% of this market, it would be attracting around US$ 200 million annually. As this market is predicted to more than double by the year 2024, the platform should experience a good amount of growth over the next few years.

Blockchain is beginning to change the landscape of many industries with its Decentralised nature and with the Ethereum Smart Contracts, EDGELESS can bring to the world for the first time in history, a gambling platform that is 100% fair and transparent.

Because of these attributes, EDGELESS is set to lead the way in online gambling and will force other online gambling sites to re-think their approach to how they operate as we will begin to see customers beginning to demand that this kind of set up is implemented. People are not fools and will take their business elsewhere if they are not happy with the platform they’re using.

EDGELESS is the gambling platform of the future and is set to grow exponentially with its platform offering users one hundred percent transparency and provably fair games for their customers. Traditional online casinos will be looked back on as being dinosaurs compared to the new breed of businesses deployed through Blockchain technology, with EDGELESS leading the way in the online gambling industry.

It's also worth noting that with the recent run up in the Ethereum price, EDGELESS has in effect now raised enough funds to hit it's 'Second Phase Target' which makes EDGELESS.io an even more appealing investment as they will have more funds to enable them to comfortably develop their promising project.

I hope you found this article informative and that it has given you some insight into what EDGELESS is trying to achieve.

To participate in the EDGELESS ICO, just click on the following link;

ICO Website: https://edgeless.io/

PLEASE NOTE: for legal reasons unfortunately, US citizens are not legally allowed to participate in EDGELESS Project crowdsale.

If you’d like to learn more about EDGELESS, check out another article below!

EDGELESS Initial Coin Offering (ICO) Explained:
https://steemit.com/steemit/@deanero/edgeless-initial-coin-offering-ico-explained-explained