At EtherJack, the entire game process is controlled by participants, in that it is a mass multiplayer community game. The rules are simple: bid to fill the jackpot, the last bidding wins and gets a big prize. The developers (or others) can not influence the game process, can not manipulate or customize it, or change the rules quickly. The contract code still ensures the game is transparent and fair for all participants.
EtheJack.io has a completely transparent Live Game Simulation on their Stage Stage. This game has basic rules that are quite simple. There is a jackpot, every time claimed by the player (the last bargain), and there is a countdown timer that runs. If someone is bidding (by sending a number of Ether to a Jackpot smart contract), the person now claims the jackpot, the bid is added to the jackpot, and the timer reset. If no one claims the jackpot when the timer runs out, go to the last person to bid. Over time, the offer price goes up (from 0.005 ETH, up to more than 1 ETH), and the timer duration falls (from 3 hours to 5 minutes). There's a second-rate meta-game prize: every 20th, 50th, and 100th bids also win a "small reward": 10% of the offer price during the same period.
For example, each 20 bid wins the 10% Ether used for the last 20 bids. If all these bids are made in Ether, and the offer price does not change, then the price will be double the bid price. If multiple bids are made in JACK, the amount will be smaller. If the bid price changes, the amount will depend on the time during which the price changes. All of the above described is fully implemented in smart contracts with published source code, which means it can be verified and audited by the public. All smart contract variables are made public for the same purpose. If players bid two, three, three, and others, the bid amount, they buy a JACK token for an additional amount. Tokens can be used to place bids without issuing Eher later, for investment, or later sale at a higher price. See "JACK Token Economy".
As the game progresses, the bid price will change over time. The offer price depends on the total number of bids made, and is determined by the following formula:
Because during the JACK game purchased or sold at this price, and 1 JACK can replace this amount of Ether in an offer, this price naturally corresponds to the intrinsic value of JACK during the game stage.
>> This is the Points Selected Points
Offers an amount of Ether exceeding the offer price at least twice returning the token or JACK token to the player. Click this link for details https://etherjack.io/. Duration Duration Time runs out after each bid changes over time and depends on the total number of bids made. This is defined by the following formula:
JACK Token Economy "ICO, to collect the solid Jackpot and start the game The plan is to collect 333 ETs and start the game with it Jack Token AMOUNT Limited and Tokens Stored in Vault give dividends from the Owner Token for BURNED Bet The main component of the token game-JACK , bets, and jackpots-written as a smart contract Ethereum, whose source code is published.This means the game is completely transparent and fair, and anyone can audit it.
Alokasi Jack Token:
JACK token holders get many benefits:
• bid with token rather than an ever-growing number of ETHs;
• store tokens in Vault and get a snippet of each created ETH bid;
• sell tokens to players at an increasing price through Vault;
• sell to anyone through the exchange or in person.
"Join the economic community of Jack Token here"
ICO stage is live - up to 50% Bonus!
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