FAQ

Why Ethereum?

We were actually planning to build a skill game portal using traditional technology and fiat currencies. Fortunately, we encountered Ethereum and its community on our way. Not only Ethereum was a joy to work with, it allowed us to build our system safer and faster. It was a blast to see our games being played on such amazing tech!

Is Etherplay's smart contract entirely trustless?

No. We originaly dreamed of having the Ethereum network compute the proof of winners automatically but this turned out to be impossible in term of gas cost. There might be other alternative solutions but we think our current oracle based smart contract is sufficient mainly because while the oracle is run by us, all the data is available to see and thus our system is verifiable. If we were to screw up, everybody would see. We will thus have no benefit in screwing up if we want Etherplay to succeed.

What are the fees you take?

We take a 25% fee (a standard in skill games platform) and might go downward from there if necessary. We will never go above this. While this might seems high coming from gambling platforms, this fee will be used to fund new games and general development. This will allow us to strive long term and keep providing first class entertainment. Note that our smart contract is flexible enough so that fees can be configured for each competition. We also might consider other form of investment which might allow us to reduce the fee.

Do you plan to do a crowdsale?

We are open to the idea but we prefer to wait before going through this route. If you would like to invest in Etherplay, let us know.

Is the smart contract source code available?

We are redisigning our system but you can see the old smart contract here

What games Etherplay is going to have?

Our previous competition were mostly arcade games based on dexterity skills. We plan to bring a larger varieties of these plus some strategy games. Let us know what you would like to play.

Any more Questions?