First Ethereum Based
Transparent Casino

The Ethereum smart contract-based Casino offers a 0% house edge and solves the casino transparency question once and for all.

ONLINE CASINOS - PRICE AND TRANSPARENCY

The online gambling industry was valued at USD $45 billion in 2016. However, it has two major problems: the price of the gamble and transparency. The price of the gamble comes from unfriendly user rules: a large house edge of 1% - 15%, money deposit/ withdraw fees and 2 - 3 days withdrawal delays. Besides that, there is no way of knowing what is happening inside the casino servers and how the mechanisms are programmed. It can be easily rigged. Players need to rely on trust in the casino which is not the best option in such a profit-driven industry.

RISE OF THE CRYPTOCURRENCY

In 2008, Bitcoin solved the gambling price problem. It offers instant money transactions without any fees, anonymity, a 0.01% - 2% house edge and more. Cryptocurrency gambling is on the rise with 890 million BTC wagered in 2016, a market value that has grown by 37% from 2015.  Cryptocurrency gambling has become a choice for many. However, it still has not solved one major problem: transparency. Most casinos provide a method called a ‘Fairness Check’ to prove their transparency. However, at this point, Fairness Check does not work and casinos still have the full power to cheat against their own players.

Edgeless Ethereum Casino

Using the power of the Ethereum smart contract, we are introducing the Ethereum-based Online Casino which offers ZERO edge for its players and 100% transparency.

Absolute transparency. The random number generator is based on an Ethereum Smart Contract which is completely public. That means that everyone can see everything that is going on inside the servers of the casino.

0% house edge. Our casino will offer games that are solely based on skill and luck. If played perfectly, people will have a 0% edge gambling experience. If players, however, make mistakes, the casino will profit in the long run.

Legally compliant. We have a casino license which includes: strict terms and conditions, responsible gambling information, account registration as well as other needed requirements to fit into a legal framework. In this way, we support legal and responsible gambling.

Instant money deposits and withdrawals. Instant and cost-effective cryptocurrency transfers will provide instant money deposits and withdraws for the customer, while regular casinos hold your money for 1 - 3 days before remitting it to you.

Evolution Of Online Casino

est.1994
Traditional Online Casino
2008
Bitcoin Casino
2017
Edgeless Ethereum Casino 
House Edge
1% - 15%
1% - 0.1%
0%
Legally compliant and has a casino license
Free money withdrawals and deposits
Instant money withdrawals and deposits
Possibility to have crowdfunded bankroll
Fully transparent RNG and proof using a blockchain
Transparent game history uploaded to blockchain
Automation and security guided by smart-contracts
Impossible for intentional casino profits draining

Edgeless Token Model ( EDG )

Utility Token

EDG token is used to play Edgeless casino games. EDG is an Ethereum-based ERC20 protocol token, guaranteeing absolute casino transparency.

Community Funded Bankroll

EDG token can be used for staking/ funding bankroll of Edgeless casino games. ( click here for more info )

132,046,997 Ethereum Tokens

Tokens are widely distributed to people. EDG has a limited supply, - it is impossible to create new tokens nor delete existing tokens. Token Smart Contract.

Wallets you can use or store EDG tokens

https://www.myetherwallet.com/
https://jaxx.io/
https://token.im/
https://eidoo.io/

Black Jack

In the first phase, we will develop 0% house edge Black Jack based on real ethereum smart contracts. Game will be deployed on a main net and test net. 800 community members will be selected to be early alpha launch testers trying our platform for the first time.

Casino License

At this phase, Edgeless Casino will acquire first casino license which is necessary for scaling. It will give credibility and access to services such as affiliate networks, media partners and more. Working on legalities is a long-term process, during a whole journey Edgeless will acquire more licenses.

Dice

We will work on the development of new games. Scheduled game after Black Jack is a famous Dice game. Dice is an extremely popular game among top bitcoin casinos. Additionally, we will design our platform in such a way so new games can be deployed in the near future.

2018 Q1

Sports Betting

Sports betting is a rapidly growing market. This phase is all about sports betting development. It is on a smaller scale but has a better ROI than traditional games. Our Edgeless way provides a much lower edge than other casinos - sports betting will compensate this allowing our casino to stay competitive.

2018 Q3

Poker

Poker is one of the most famous P2P casino games. Nevertheless, it had decent amount of scandals of casino rooms cheating against its own players. Decentralized card shuffling and transparency guided by a blockchain is necessary. And we will work on that in late 2018.

2018 Q4

Edgeless Network Leadership

Ignas Mangevicius,
Chief Technology Officer

Firstly, he is a father and a husband. Secondly, he profoundly enjoys developing centralized and decentralized systems. He is  a university educated Information Systems Engineer who has been  working in IT for more than 10 years. He is now focusing on smart contracts and Ethereum-based decentralized apps that he sincerely believes will make a better world. His most recent project is the etherslots, Dapp built on the Ethereum blockchain.

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Tomas Lukosaitis, 
Chief Operating Officer

Tomas is coming in from the field of P2P technologies, the sharing economy and FINTECH industry. He was working as digital marketeer in a platform called “SAVY”. It is a peer to peer lending platform which connects investors to consumer loan offers. Currently, Tomas owns an IT development company which specializes in Mobile App Development. His key competences which are needed for Edgeless Casino are: digital marketing, and operations management.

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Tomas Draksas,
Professional Gambler and Poker Player

In 2008 - 2013, online poker was on the rise and a lot of new players were jumping into the game. At that time, Tomas  decided to study the math of probability and poker. Later on, his direction changed to investing, cryptocurrency and digital marketing. He was a CEO of a marketing agency - Convi Design, which provides solutions to start-ups in the field of conversion rates and sales funnels. Additionally, he is investing in other startups. His key competences which are needed for Edgeless Casino are: probability math and models, gambling theory and psychology, digital marketing, product management and development.

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Dipl.-Ing. Julia Altenried, Head of Edgeless
Development Team

She studied computer science at the University of Salzburg and the Politechnical University of Madrid. Julia has gathered over eight years of experience as a software engineer, working for different international companies, and then founded JAM Data. Julia specialized in IT-Security and later blockchain technology with a focus on Ethereum smart contract development. In Blockchain technology, she sees the potential to increase transparency in governmental operations as well as business processes, thereby reducing corruption worldwide. When not working, she is traveling around the globe or practicing Yoga.

Dipl.-Ing. Stefan Höller, Head of Edgeless Solidity and Blockchain Team

Stefan was formally educated at the University of Salzburg. His career started 15 years ago as the e-commerce department head for Austria's largest bicycle retailer. He's a professional mean-fullstack engineer and early blockchain enthusiast. Currently, he is consulting for companies regarding decentralized applications. Stefan sees blockchain technology as a powerful tool to bring equal chances to developing countries. He is a fitness-freak and passionate about exploring foreign cultures.

Paolo Rebuffo, Advisor of Edgeless Project
Blockchain Investor and Analyst

Paolo Rebuffo is a cryptocurrency investor and senior advisor/strategist of "Digital Identity". His work is related to search and analysis of valuable blockchain-related projects. "Digital Identity" has its own development team that is currently working on the bitcoin and ethereum blockchains. They also do direct financial investment in other crypto projects such as Gnosis, Eidoo and Monetha. Besides that, he actively travels the globe and meets blockchain project teams in person.

LinkedIn >

Ransu Salovaara, Advisor of Edgeless Project
CEO of Revoltra.com and TokenMarket.net

Ransu is the co-founder and CEO of Revoltura, the company behind BitcoinETI, Europe’s first bitcoin-backed exchange traded instrument. BitcoinETI is listed on the Gibraltar Stock Exchange and traded at the Frankfurt Stock Exchange. Ransu is also an escrow for several blockchain projects. Additionally, he is an active blockchain community member and believer in decentralization.

LinkedIn >

You,
Edgeless Team

Edgeless is one of largest growing blockchain companies which develop games using smart-contract technology. If you are passionate about blockchain, games and fancy tech - feel free to join our team of more than 20 people and be closer to the future. Check out our career page for more information.

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