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✅❇️✳️ [ANN][ICO/kick-start] ETHERJACK.io - smart contract based JACKPOT game!☘☘☘

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Game Website | Whitepaper | Twitter | Telegram



ICO stage is live - up to 50% Bonus!

 

Bounty+Airdrop Thread
ANN in other languages: Italian | Spanish | Russian

 


EtherJack is a jackpot game, based in the Ethereum blockchain.



The rules are simple: there's a massive jackpot, and people are placing bids to claim it, within allowed time after the last bid. If no bid comes, the last to claim gets it. If bids keep coming, the jackpot grows further.

The game is 100% transparent and fair (thanks to the Ethereum Smart Contracts), and everything depends only on the participants, not on devs.

We are announcing the start of the game's ICO stage. This is the stage when the jackpot is formed, and JACK tokens (read more on them below) are distributed at much lower prices than during the game phase. The collected jackpot will attract players placing bids, and the JACK you get will help you get a cut of the bids. The game will also automatically sell your  JACK to the new players at a growing price if you wish so.

This ICO is about selling stakes in the one-time big jackpot game. House always wins, so why not be the house?

 

What is the game?



After the ICO phase is over, the jackpot will have at least 333 ETH in it, and the game will start.

Players will be placing bids (starting with 0.01 ETH). Each bid claims the jackpot and starts a countdown timer. If nobody else places a bid before the timer runs out, the player to make the last bid gets the whole jackpot. This won't happen so easily though, because someone else will want to place another bid and claim the jackpot for themselves instead, at the last moment. Someone else will place a bid to not let that second person win it, and so on.

The more bids are placed, the shorter is the countdown timer (3 hours down to 5 minutes), and the higher the bid price (0.01 ETH up to 0.1 ETH to 0.5 ETH and higher with no limit).

Check EtherJack.io to see a simulation of the game running, and read an illustrated version of the game rules.

The game is implemented as a smart contract with published source code. The source code of the JACK token is published as well.

Neither the developers nor the Croupier bot (off-chain component of the game) can affect the course of the game in any way other than available to everyone else, it can be verified in the contract code. More details on roles of the developers and Croupier can be found in the white paper.

EtherJack.io is a combination of game of good timing, patience, luck, and investment. Every participant has a very real chance to win the big chunk of Ether. Mathematically proven.

 

What is being sold?



During the ICO phase of the game, the Jackpot contract is selling JACK tokens (a custom ERC20 token used in game mechanics) at a discounted price until there's at least 333 ETH in the jackpot.

The price of JACK tokens during ICO starts at 0.004 ETH per JACK, and will reach 0.006 ETH by the end of ICO. At the game start, the price will jump to 0.01 ETH per JACK and keep growing as more and more bids are made in the game. 

The JACK price is defined by game rules (the smart contract), and the way the game is designed guarantees that JACK is worth at least the nominal price at all times. You can read more on that and why it is so, in the white paper.

 

The power of JACK

 

 JACK has three roles in the game, and it's three ways you can benefit from being a JACK holder.

 

Role 1: Bid JACK.


At any moment, one can bid one JACK instead of an ETH amount to claim the jackpot. This is especially useful when bid prices reach too high levels. When not everyone can afford to pay the bid price to claim the jackpot, JACK holders still can by bidding just 1 JACK.

Bidding JACK tokens permanently burns them, reducing the total supply and thus increasing their value even more.

 

Role 2: Get a cut.


A  JACK holder can deposit their JACK with the Croupier bot and get a cut (17.5%) from every bid made in the game and a cut (35%) from every new JACK token sold during the game phase. The cut is divided between all deposits proportional to the amount of JACK deposited. Deposited JACK can be withdrawn back to your wallet at any time. The deposit balances are stored on the blockchain.

 

Role 3: Resell.


Since the price ofJACK grows all the time together with the bid price, one can benefit from buying early (cheap) and selling late. 

Moreover, the game can sell your JACK for you automatically. Issue a command to the Croupier bot, and it will put your JACK on sale, and you will be getting 100% of sale price every time your tokens are sold to new players.

You can of course also resell JACK directly, all wallets support it as a token, since it conforms to the ERC20 standard.

The JACK Holders' Panel at EtherJack.io allows you to monitor your deposit and earnings in real time, and to give commands to the Croupier bot.

 

So what's the JACK price again?



It starts with 0.004 ETH per JACK, and will gradually reach 0.006 ETH by the time 40,000 JACK are sold in total. Buying at least 200  JACK in one transaction provides volume discounts starting from 5% and up to 25%.

You can check the current JACK price and use a volume discount calculator at EtherJack.io (scroll to the very bottom for the calculator).

 

How do I participate?



Send Ether to the Jackpot address: 0xe64d5f33E28387855d33980719f27f0d579392aF, and the contract will send you back tokens. Make sure to set gas limit to 300,000, since Ethereum is sometimes underestimating the cost due to the complex logic. The actual consumption will be around 120,000 gas on average. 

Track the JACK token to see it in your wallet. Address: 0x861825daa0068136a55f6effb3f4a0b9aa17f51f; symbol: JACK; decimals: 0.

You can find detailed instructions for buying JACK and tracking JACK on the website, and also conveniently make the transactions via Metamask if you prefer.

 

When does the ICO end?



Having 333 ETH in the jackpot will start a 48-hour countdown timer. After the countdown is over, ICO will end, and the game will start.

If you subscribe to AirDrop on the website, we'll e-mail you an alert 12 hours before the game starts, and right when the game starts. 

You can also subscribe to push notifications on game status changes (works in Chrome, Firefox, and many others, including mobile; but doesn't work in Safari including iOS Safari).

 

JACK price



During the ICO the price starts with 0.004 ETH per JACK. Once 10,000 tokens are sold, the price will change 0.005 ETH, and then gradually reach 0.006 ETH.

Once the game has started, the price will be 0.01 ETH and will grow up by 0.006 ETH with every 100 bids placed.

After 1000 bids (which is no later than 35 days from game start)  JACK will cost 0.07 ETH, and after 5000 bids (67 days from start max) 0.31 ETH, and so on.

JACK holders can start selling JACK to new buyers through the game's smart contract from the start. Alternatively, they can start getting a cut from each bid made in the game, or both, or first deposit, and then when the prices have grown, sell them.

 

FAQ


 



Game Website | Whitepaper | Twitter | Telegram | Bounty+Airdrop | ICO is Live!

 

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      Token Symbol: BTK
      Token Decimal: 18
      Tokens in Circulation: 10,000,000,000
      Contract Address: 0xdb8646f5b487b5dd979fac618350e85018f557d4


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      LOOKING BEYOND (2019-2020)
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      Disclaimer: I am only the Bounty Campaign Manager for this project. I am paid only to manage this project's bounty campaign and post this announcement thread. I will not be held responsible should the developers/project's team fail to reach their stated goals/obligations to the bounty participants, investors and everyone else. Join (on their bounty campaign) or Invest (on their ICO) at your own risk.
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      WHAT IS RICONA COIN?
       Ricona Coin is a REVOLUTION in peer to peer decentralized transactions with ability to lend Or trade in multi Cryptocurrencies (Not only in USD). Currently, all of the lending platforms work on Fiat Lending System to deliver returns based on Dollar value but at Ricona, we aim to deliver return in initial cryptocurrency of the user (even ONE STEP FURTHER of that, keep exploring).   
      For example, if a user chose to lend his bitcoin Or ethereum & get interest in the same cryptocurrency (with a lock in period of say 90 days), he will get his daily interest (in the initial crypto) PLUS the increased value of the currency during that tenure (which could have been 2x Or 10x in 90 days). This way, he does NOT ONLY earn interest on %age value appreciation of the invested crypto BUT would also multiply his return with the growth of the coin. This unique concept has been unseen (or may be avoided for obvious reasons) by all lending platforms yet but it has an ability to change the Crypto lending game forever. 
       WHAT MAKES RCA DIFFERENT FROM OTHERS 
      We are a Challenge for lending platforms, with our Unique "Multi CryptoCurrency Switching" technology which allow users to Earn Daily Interest for their desired Crypto Currency with an ability to Switch their Initial crypto currency whenever they want. For example, if a user Lends his Bitcoin (with weekly return of say 5%) and he notices that Ethereum has given 7% return for the same period, then he can switch his Primary Lending Currency from Bitcoin to Ethereum (or Vice versa). The "Switched Over Currency" would also include his previous 5% (Or whatever) return as well. Our Smart Currency Converter would Exchange your Currency on the fly at competitive market prices.(minimum 1 Week lock-in required for First Switching and 2 weeks thereafter) 
       WE ARE PIONEER IN OFFERING 50:50 SCHEME 
      We will now be selling only half of the number of coins, the other half will be distributed as a bonus among the investor at a 1:1 ratio. So, if an investor purchases 100 RCA during our ICO, another 100 RCA will be awarded to them as a bonus. But the bonus coins will be locked for lending only. In simple terms, any investor who buys 100 coins will receive 200 coins in total. Of which, the bonus 100 coins will automatically be locked by the system and entered into our lending plan, kick starting the daily income for the user after lending starts on our platform. The other 100 RCA can be used for trading, selling or multi-currency exchange once our internal exchange opens
       DAILY INTEREST PAYMENT ALONG WITH EARLY WITHDRAWAL OPTION 
       Investors will now receive DAILY interest on their investments instead of the WEEKLY interest as per the earlier plan. They will also have the freedom to withdraw their interests daily or reinvest it with us to maximize their benefits utilizing our compounding interest feature. The interest component would be paid in the user's basic (Lent) currency. For example, if a user has lent BTC, he will get paid his interest in BTC and if he switches his currency to some other one, he would then get paid in his new currency. Users also have the option to withdraw any portion of their interest (half, one-third or any other percentage) and reinvest the remaining portion into the lending plan. This interest plan also applies to the interest earned on the locked coins (bonus) after a month (30-day) time period from the start of their lending plan. 
       HOSTED STAKING OPTION TO BE ADDED SOON 
      We are going to add Hosted Staking as an additional option OR a complete replacement of Lending Program based on the community voting just after the ICO ends. Apart from that, We have added Buyback Option, Anti-Dumping Policy, Anytime Funds Withdrawal and Unsold coins burning after the ICO ends. Complete details can be seen at : https://www.ricona.io/latestnews.php
       MAXIMUM SUPPLY (Hardcap) OF 28 MILLION COINS 
      MAXIMUM Supply of just 28 Million Ricona Coins from which Only 4.55 Million are on Sale PLUS 4.55 Million would be distributed FREE under 1:1 Bonus Sceme (so just 9.1 Million RCA Coins Available during ICO period). The 50% Free Bonus coins would be Locked for Staking/Lending Purpose to kick start the daily income for the user after staking/lending starts on our platform.

        USE CASE OF RICONA (RCA) COINS 
      Apart from the personal use, like sending money to family or friends OR paying for goods/services online, RCA coins can also be used by merchants/traders/other businesses as a secure and decentralized mode of payment just like bitcoin with complete security and privacy. Also, investors can buy RCA coins to trade for profit Or as an asset for future appreciation. Once its demand surpasses the supply, the cost of RCA coins would sky rocket due to limited supply (just like Bitcoin)
       MINING POOL/BLOCK EXPLORER 
      Soon to be operational once ICO finishes. (as per Roadmap)
      at http://www.ricona.info
       RCA COIN SPECIFICATIONS 
      Name: Ricona 
      Symbol: RCA 
      MaximumSupply: 28 Million 
      ICOSupply: 9.1 Million (Only 4.55 Million on Sale)  
      DecimalPlaces: 8 
      Algorithm: SCRYPT (POW/POS) 
      MiningPool: YES (as per roadmap) 
      CoinBaseMaturity: 60 Blocks 
      BlockReward: 24 RCA 
      PriceStarts: $0.69
       WALLETS 
      LTC and BTC Wallets are Active Now
      RCA Web Wallet Also Active Now
      Android and iOS Wallet available as per Roadmap

      Official Website https://www.Ricona.io
      Official Whitepaper https://www.ricona.io/Ricona-Whitepaper.pdf
      INITIAL COIN OFFERING


        COMMUNICATION CHANNELS  
      Facebook https://www.facebook.com/RiconaOfficial
      Twitter https://twitter.com/RiconaOfficial
      Instagram https://www.instagram.com/RiconaOfficial
      Email support@ricona.io 
       
      To Your Success
      Ricona Team
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