SP8DE

SP8DE — THE GAME OF CHANCE

What is SP8DE?

Sp8de is a protocol for 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.

In the European Union the online gambling industry grew nearly 19% from the first half of 2015 until the first half of 2016. The casino industry in particular generated over US$2 billion in revenues during this period. It is expected that until 2020 this number will reach US$2.25 billion per year representing about 12.5% revenue growth [1]. In the US for the period 2015 until 2016 online casino revenues increased by 24.4% and are expected to reach US$4 billion by 2020 [2]. The EU and the US are just a small part of the worldwide casino industry.

Globally, the projections of the online casino show that for the period 2017–2025 the market will experience growth of about 130% reaching US$97 billion with cumulative annual growth rate of nearly 11%. Currently over 6 million adults are officially participating in gambling activities around the world with projections of reaching 10 million by 2020 [3].

Since inception, the blockchain technology was the subject of close attention by gambling enthusiasts. Recent news from The Merkle [4] show how popular online Bitcoin betting has become. In aggregate the wagers put on online Bitcoin casinos in February 2017 have reached nearly 3 Bitcoin per minute.

The price of Bitcoin at the end of February was about US$1,200 while now it is US$5,900 (approximately 292% growth) which means that as of today almost US$715 million worth of Bitcoin was gambled in February alone

1. 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.

2. Wallet

• The Search Engine of Gaming : Spade is a platform for developing decentralized casino applications.
• icon-info : Inspired to Create
  Spade is decentralized marketplace for gaming with no frictions and no barriers to entry.
• icon-info : 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.
• icon-info : Legally Complient
  Spade is intended to be fully compliant with all the required regulations.

Blokchain

• Decentralized 3.0 : The backbone of Sp8de, the Cardano blockchain 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 & Event

There are 8,888,888,888 SPX tokens to ever be supplied. Initially, during the ICO, SPX will be issued on the Ethereum blockchain 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 example, 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.

Roadmap

For Information

Website : https://sp8de.com/
Twitter : https://twitter.com/SP8DE_Official
Facebook : https://www.facebook.com/sp8deofficial/
Telegram : https://t.me/joinchat/B-YJaQ_ULpPKAzPHFPUa-Q
Whitepaper : https://sp8de.com/sp8de_white_paper.pdf
Medium : https://medium.com/@sp8de
Ghitub : https://github.com/SP8DE