According to official statistics, in 2016, online gambling raked in over $44 billion off the back of increased technological mobility, enabling it to penetrate new markets and bring gaming to the fingertips of millions. With a projected 5 billion mobile device users and rapidly expanding internet literacy, the gambling industry has been projected to be worth over $87 billion by 2022.

At the present time, Blockchain technology and the emergent cryptocurrency industry is standing up for a bold and exciting reinvention of online gambling, built on transparency, security, and anonymity. Blockchain-based casinos are on the rise, creating profitable investment opportunities with an estimated growth of 292% last year only. Blockchain has the potential to disrupt the online gambling industry by providing transparency to all transactions, extremely reducing house edge and taking down transaction costs, ensuring anonymity of participants and security of all exchanges.Notwithstanding this, blockchain casinos have only served to complement the traditional online gambling. This stems from the fact that most blockchain services cannot compete with the efficiency of centralized systems when it comes to settlement of values. Decentralization always comes at a cost.

As a solution of this problems, Sp8de is a next-generation, blockchain-based gaming ecosystem developing a revolutionary protocol for online casinos.

What is SP8DE?

Sp8de is a protocol for decentralized blockchain based platform with multiple features that are essential for the growing blockchain gambling industry and whose solid implementation is lacking in any of the currently existing projects in this space.Spade is designed to suit the purposes of all the actors comprising the online casino landscape and as such represents the new breed of digital institutions, a distributed intermediary.

Additionally, Sp8de is the new-generation blockchain-based gaming platform aimed at all the participants of contemporary casino ecosystem. The company call it “new generation” as Spade satisfies all the aforementioned conditions of a ‘proper’ blockchain casino.

How Sp8de provides an environment for the design of gambling applications which are characterized with:

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;

A mechanism to generate decentralized established uniform randomness at arbitrary time-spans;

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 of course)

Token Utility

Software license

Getting access to the universe of applications just requires you to own the native token of our system, SPX.

Gaming Chip

Betting within Sp8de ecosystem is done only using SPX. By owning SPX, you share a part in protocol’s success.

Royalties

SPX is used to reward the developers fairly on the protocol level.

Wallet

The Search Engine of Gaming: Spade is a platform for developing decentralized casino applications

Spade is a platform for developing decentralized casino applications Inspired to Create: Spade is decentralized marketplace for gaming with no frictions and no barriers to entry.

Spade is decentralized marketplace for gaming with no frictions and no barriers to entry. White Noise Powered Fairness:Voting mechanism is implemented on the protocol level: the rating of an application reflects the true consensus of the stakeholders and is immutable.

Legally Complient

Spade is intended to be fully compliant with all the required regulations.

Blockchain

Decentralized 3.0: The backbone of Sp8de, the Cardanoblockchain is the first Proof-Of-Stake protocol without security compromises.

Scalable and Efficient: Tens of thousands of transactions per second: no user experience constraints.

Sp8de Smart Contracts: Smart-Contracts scripting language that was specifically designed for this

Tokens Distribution

There are 8,888,888,888 SPX tokens to ever be supplied. Initially, during the ICO, SPX will be issued on the Ethereumblockchain as ERC20 tokens. More detailed information can be found in the whitepaper and the SPX ICO description. The token sale is organized in 9 phases: one pre-sale and four token sales that are each followed by a jackpot round.

As shown before the price of one SPX coin increases with every sale round. The number of tokens sold and jackpotted is larger every subsequent round for the exception of the pre-sale. Every jackpot is played among all of the existing token holders.

Earlier participation allows for participation in more jackpot rounds. For instance, taking part in the Pre-Sale and the first Sale gives access to all four jackpots. However, participation in, let’s say the third Sale will grant access only to Jackpots three and four.

Please, make sure to understand the mechanics of the Spade ICO process prior to taking part in it. Do not rely solely on the graph and be sure to understand the meaning of all the components of it and especially the highlighted segments of the jackpot bars.

Distribution Schedule

The token distribution begins on Monday, January 08, 2018 and ends on Sunday, March 11, 2018 and is scheduled as in the manner illustrated in Table 4 below. The Pre-Sale lasts for 24 days while each Sale phase will be seven days followed by a Jackpot that is distributed entirely within a single day after every Sale.

The team believe that a true decentralized gaming platform has to be true to the casino spirit even in the design of its fundraising campaign.

The ICO itself is divided into five stages: the pre-sale and four sale rounds. Each of the stages differs along several important dimensions:

the number of tokens available,

the price of each token,

the likelihood of winning the lot that each token brings to its holder, and

the number of lots we have reserved for participants.

The first two of these are conventional in the industry: the earlier birds get better prices. Points 3 and 4 are unique to Spade. Each sale round after the pre-sale is followed by a ‘jackpot round’ whereby a limited number of lots are randomly distributed among the token holders. These are illustrated as four bars on the right.

Roadmap

For more info:

By: arie jie

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1312700