Edgeless (EDG)

Сurrent Edgeless / Bitcoin exchange rate, Real-time market data: buy & sell rate, charts, order book.

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Description

Edgeless is an equity-based token that represents ownership in the profits of the Edgless casino, a decentralized online gaming platform based on Ethereum smart contracts that offers users a low to non-existent edge in games.
 The Edgeless coin is an utility token used for playing the Edgeless casino games. It is an Ethereum based token and follows the ERC20 protocol. The token guarantees absolute transparency while playing casino games, and is essentially Ethereum’s smart contract based next generational casino.

EDG Development

The development team of Edgeless is the right mixture of gamblers, developers and experts in smart contracts. This is one of the reasons why Edgeless is becoming such a huge success! The main members of this project are-

• Tomas Draksas

He is a professional gambler and poker player. He is one of the co-founders in the project.

• Tomas Lukosaitis

Another co-founder, he looks after the business and operations of Edgeless project.

• Ignas Mangevicius

He is the developer of blockchain based systems and works as a co-founder for Edgeless.

 

#2 - What are the Benefits of Edgeless?

Technology

Edgeless is a one of a kind project which solves two problems that online casinos regularly face - house edge and lack of transparency. House edge is the term used for describing the mathematical advantage the game gets over you with time - with things like fees and other charges that online . Transparency of course, refers to the general lack of trust users have in casinos owing to their opaque functioning.
To overcome these two problems, Edgeless presents a new business model to implement online casinos:

1. Edgeless provides 0% edge while playing online - with near-zero fees and withdrawal limits, it ultimately results in 0% house edge.
2. In order to maintain 100% transparency, Edgeless is making use of Ethereum smart contracts. The payouts and random numbers are ruled by these smart contracts which are totally public on the Ethereum blockchain. The players can view every minute detail happening in the game like bets, sums, mechanism of randomness and the reason why the transactions are moving.

 

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