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WILDWish I was full member an approved for signatur. HIGH payment
Yes you are quite correct!
If Telegram Campaign [$31,250] in bounty.
And 100 approved. And all have same stake.
How much are you paid?
And 100 approved. And all have same stake.
How much are you paid?
Hey JanEmil,
You would be paid 31,250 / 100 = $312 based off everyone having the same stake.
A demonstration of how to create and join contracts on our first derivatives contract here: https://www.youtube.com/watch?v=TPwSh1c0kAU
Re: [ANN] [ICO] EtherAce [ACED] Merkeziyetsiz Varlık Spekülasyon Platformu!
Hey all, any questions please ask. We released our latest product, the start of our decentralized derivatives market here: ou-contract.etherace.io
Profile Link: https://bitcointalk.org/index.php?action=profile;u=303259
Rank: Legendary
Ethereum Address: 0xBD00C274d9E3FE7ba544b19eF56cBB9051fEE878
Post Count: 3667
Favorite Vegetable: potato
I will change the signature if I am accepted.
Rank: Legendary
Ethereum Address: 0xBD00C274d9E3FE7ba544b19eF56cBB9051fEE878
Post Count: 3667
Favorite Vegetable: potato
I will change the signature if I am accepted.
Sounds good ! actmyname will let you know in the next few days. Thanks for joining.
Join our RT competition on Twitter to have a chance at winning $100 of ACED Token !
https://twitter.com/EtherAceTeam/status/1008421347981049856
https://twitter.com/EtherAceTeam/status/1008421347981049856
How does bounty work
Hey Aman1998,
Basically a bounty is where a start-up wishes to spread the word about their platform/project but does not have the funds to pay for traditional advertising. So they offer a share of their tokens to people who will help them spread the word of their project.
These tokens have the potential to rise in value later if the project succeeds and often can be traded on cryptocurrency exchanges.
Hopefully this made it a bit clearer !
Hey everyone !
We are announcing an ICO soon and will be having a bounty campaign. We want to choose someone who the community respects and trusts because then the community will participate in our bounty . Could someone please point us to a list of bounty managers who are trusted and respected in the community? We've seen one list but are unsure if it is up-to-date. Another factor is we would pay them in our native token so they would need to be open to that/look into our project and see if they see the potential and are excited about it. If you have any inquiries or questions about the project or joining our announcement team please message us on telegram @EtherAceTeam or at this link https://t.me/EtherAceTeam , we would love to chat about the project. You can visit our website at https://etherace.io if you wish to get a preview of our project.
Thanks,
Your EtherAce Team
We are announcing an ICO soon and will be having a bounty campaign. We want to choose someone who the community respects and trusts because then the community will participate in our bounty . Could someone please point us to a list of bounty managers who are trusted and respected in the community? We've seen one list but are unsure if it is up-to-date. Another factor is we would pay them in our native token so they would need to be open to that/look into our project and see if they see the potential and are excited about it. If you have any inquiries or questions about the project or joining our announcement team please message us on telegram @EtherAceTeam or at this link https://t.me/EtherAceTeam , we would love to chat about the project. You can visit our website at https://etherace.io if you wish to get a preview of our project.
Thanks,
Your EtherAce Team
Actually, there exists a table that listed all the best bounty campaign managers and all the current projects they managed. Please give credit to Hakamura as he's the one who made this table, https://docs.google.com/spreadsheets/d/1B4sMp4rDeYjPn3Lkbxn6Ot5KLQFERPXloIl5lUbTVBg/edit#gid=691200443
Hey ruthbabe,
Yes that is a very handy table for new projects to look at when searching for a bounty manager!
Hey everyone !
We are announcing an ICO soon and will be having a bounty campaign. We want to choose someone who the community respects and trusts because then the community will participate in our bounty . Could someone please point us to a list of bounty managers who are trusted and respected in the community? We've seen one list but are unsure if it is up-to-date. Another factor is we would pay them in our native token so they would need to be open to that/look into our project and see if they see the potential and are excited about it. If you have any inquiries or questions about the project or joining our announcement team please message us on telegram @EtherAceTeam or at this link https://t.me/EtherAceTeam , we would love to chat about the project. You can visit our website at https://etherace.io if you wish to get a preview of our project.
Thanks,
Your EtherAce Team
We are announcing an ICO soon and will be having a bounty campaign. We want to choose someone who the community respects and trusts because then the community will participate in our bounty . Could someone please point us to a list of bounty managers who are trusted and respected in the community? We've seen one list but are unsure if it is up-to-date. Another factor is we would pay them in our native token so they would need to be open to that/look into our project and see if they see the potential and are excited about it. If you have any inquiries or questions about the project or joining our announcement team please message us on telegram @EtherAceTeam or at this link https://t.me/EtherAceTeam , we would love to chat about the project. You can visit our website at https://etherace.io if you wish to get a preview of our project.
Thanks,
Your EtherAce Team
I have been with the various campaign manager in this forum but best and trustable here is yahoo62278. I hope he is little bit out of campaigns now. If you guys join as a team. I am damn sure you will be rock this floor for sure mate.
I advice you to go with for best promotion bro. He is very much good picking the right member who can actually help you to promote the project on everywhere.
Hey AngelSky,
Yes we've heard good about yahoo62278 and contacted him, but he charges in BTC and doesn't take altcoins unless listed on a top 3 exchange. Since we were looking to pay our manager in ACED (ACE Dividends) token we couldn't go with him.
Thanks for your suggestion though!
So finally, what is your choice ? (And with what criteria?)
Hey miningnew,
We went with actmyname. He was on the list of trusted bounty campaign managers, was very informational and responsive when we contacted him, and when we asked around we were given good reviews.
You can view our bounty thread here if you want to take a look: https://bitcointalk.org/index.php?topic=4457998.0
Thanks for your suggestions! We were going to contact sylon but actmyname responded first.
Re: EtherAce - Speculation Platform first contract, Over/Under beta out now
I like projects that pay dividend. Gambling / speculation platform could generate huge income. Have you a good plan for marketing this projects when is it done?
I have signed up for your bounty. Hope I get approved.
https://bitcointalk.org/index.php?topic=4457998.0
I have signed up for your bounty. Hope I get approved.
https://bitcointalk.org/index.php?topic=4457998.0
Hey JanEmil,
You are correct. Our platform has an enormous potential market.
As you noticed our market is not just the gambling market, however you are right about its size. Our market is the gambling market + the cryptocurrency derivatives market, $35 Billion USD. A similar but centralized crypto derivatives platform experiences $4 Billion USD daily.
We also are in the market of traditional derivatives, for assets like gold or oil. This market is roughly 35,000 times bigger then the crypto derivatives platform at a size of $1.2 Quadrillion USD. It is the largest financial market in the world. The crypto derivatives centralized platform has $4 Billion USD on cryptocurrency derivatives. You can see the potential our platform has when you consider this.
You can check out our first working derivatives contract product here: https://ou-contract.etherace.io
Re: [ANN] EtherAce BETA OVER/UNDER SPECULATION CONTRACT LIVE, CHECK IT OUT
Looks like a very transparent project. Gambling is not my thing but a huge market to get dividend from. I will join the bounty and buy a little more at discount rate.
Hey JanEmil,
Our market is not just the gambling market, however you are right about its size. Our market is the gambling market + the cryptocurrency derivatives market, $35 Billion USD. A similar but centralized crypto derivatives platform experiences $4 Billion USD daily.
We also are in the market of traditional derivatives, for assets like gold or oil. This market is roughly 35,000 times bigger then the crypto derivatives platform at a size of $1.2 Quadrillion USD. It is the largest financial market in the world. The crypto derivatives centralized platform has $4 Billion USD on cryptocurrency derivatives. You can see the potential our platform has when you consider this.
Let me know if you have any other questions or comments !
Re: Feedback on the EtherAce beta speculation contract live on Ropsten
You must move this on Service Discussion (Altcoins)
This section is about talks of bitcoin related services.
This section is about talks of bitcoin related services.
Hey tabas,
Sorry about that and will do right away, didn't realize that.
EtherAce - Speculation Platform first contract, Over/Under beta out now
Hey everyone !
The EtherAce Beta of the Over/Under Speculation Contract is live on the Ethereum ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Link to ANN THREAD: https://bitcointalk.org/index.php?topic=4457994.0
Link to Bounty THREAD: https://bitcointalk.org/index.php?topic=4457998.0
Link to our website: https://etherace.io
Link to our Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
------------------------------------------------------------------------------------------------------------------------------------------------------
SHORT EXPLANATION OF OUR DERIVATIVES MARKET AND ITS ADVANTAGES
Most of this explanation is a re-post from our answer to a great question asked about what and how our derivatives market works.
Our market operates in a similar way that an exchange works. Users can execute actions similar to 'buy' and 'sell' on an exchange. On our platform they are called 'Over' and 'Under' (for our first speculation contract O/U) or 'long' and 'short'.
Users directly trade, speculate and bet on the prices of different underlying assets (like BTC etc.) against each other. An example of how this would work on our first speculation contract (LIVE) and the general concept is:
The price of BTC is at $8,000 USD. Dave believes in 5 minutes the price will be below $8,000. He creates an O/U contract on our platform and sets the price at $8,000, chooses the option to bet 'Under' and sets the price contention period for 5 minutes. Alexa has a contrasting price view or goal to Dave. She believes the price will be above $8,000 USD. So she joins the contract Dave created and chooses to bet on the 'Over' option. Now when the 5 minute contract duration is up our smart contracts retrieve the current price of BTC and either Dave or Alexa will make profit, depending if they chose the correct option.
This is different from an exchange in many ways. The main difference is users do not actually buy or sell the assets our platform supports. They only bet on the price of the underlying assets. This makes our platform lightweight, cheaper, faster, more convenient, secure and scalable. Functionality this supports includes shorting (betting the price will go down), hedging (protecting your portfolio from possible losses, if you hold any coin ex. BTC, believe it is going down in price, and don't wish to sell because you believe in the project or future or because its cheaper to hedge on our platform then sell on an exchange, you can short it on our platform, making profit to cover possible loss from your actual portfolio), longing (betting the price will go up).
------------------------------------------------------------------------------------------------------------------------------------------------------
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
For people who do are not familiar with using MetaMask on an Ethereum testnet you can still see the full functionality from our YouTube video and view the dApp but not able to interact with it.
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product (here: https://flip.etherace.io ) that redirects you to switch to the Ropsten Network is you are not already on it.
Please let us know what you think. We have received some suggestions thus far and some bugs that we are fixing right now!
Thanks everyone and enjoy using it!
The EtherAce Beta of the Over/Under Speculation Contract is live on the Ethereum ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Link to ANN THREAD: https://bitcointalk.org/index.php?topic=4457994.0
Link to Bounty THREAD: https://bitcointalk.org/index.php?topic=4457998.0
Link to our website: https://etherace.io
Link to our Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
------------------------------------------------------------------------------------------------------------------------------------------------------
SHORT EXPLANATION OF OUR DERIVATIVES MARKET AND ITS ADVANTAGES
Most of this explanation is a re-post from our answer to a great question asked about what and how our derivatives market works.
Our market operates in a similar way that an exchange works. Users can execute actions similar to 'buy' and 'sell' on an exchange. On our platform they are called 'Over' and 'Under' (for our first speculation contract O/U) or 'long' and 'short'.
Users directly trade, speculate and bet on the prices of different underlying assets (like BTC etc.) against each other. An example of how this would work on our first speculation contract (LIVE) and the general concept is:
The price of BTC is at $8,000 USD. Dave believes in 5 minutes the price will be below $8,000. He creates an O/U contract on our platform and sets the price at $8,000, chooses the option to bet 'Under' and sets the price contention period for 5 minutes. Alexa has a contrasting price view or goal to Dave. She believes the price will be above $8,000 USD. So she joins the contract Dave created and chooses to bet on the 'Over' option. Now when the 5 minute contract duration is up our smart contracts retrieve the current price of BTC and either Dave or Alexa will make profit, depending if they chose the correct option.
This is different from an exchange in many ways. The main difference is users do not actually buy or sell the assets our platform supports. They only bet on the price of the underlying assets. This makes our platform lightweight, cheaper, faster, more convenient, secure and scalable. Functionality this supports includes shorting (betting the price will go down), hedging (protecting your portfolio from possible losses, if you hold any coin ex. BTC, believe it is going down in price, and don't wish to sell because you believe in the project or future or because its cheaper to hedge on our platform then sell on an exchange, you can short it on our platform, making profit to cover possible loss from your actual portfolio), longing (betting the price will go up).
------------------------------------------------------------------------------------------------------------------------------------------------------
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
For people who do are not familiar with using MetaMask on an Ethereum testnet you can still see the full functionality from our YouTube video and view the dApp but not able to interact with it.
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product (here: https://flip.etherace.io ) that redirects you to switch to the Ropsten Network is you are not already on it.
Please let us know what you think. We have received some suggestions thus far and some bugs that we are fixing right now!
Thanks everyone and enjoy using it!
Feedback on the EtherAce beta speculation contract live on Ropsten
Hey everyone !
The EtherAce Beta of the Over/Under Speculation Contract is live on the Ethereum ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Link to ANN THREAD: https://bitcointalk.org/index.php?topic=4457994.0
Link to Bounty THREAD: https://bitcointalk.org/index.php?topic=4457998.0
Link to our website: https://etherace.io
Link to our Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
------------------------------------------------------------------------------------------------------------------------------------------------------
SHORT EXPLANATION OF OUR DERIVATIVES MARKET AND ITS ADVANTAGES
Most of this explanation is a re-post from our answer to a great question asked about what and how our derivatives market works.
Our market operates in a similar way that an exchange works. Users can execute actions similar to 'buy' and 'sell' on an exchange. On our platform they are called 'Over' and 'Under' (for our first speculation contract O/U) or 'long' and 'short'.
Users directly trade, speculate and bet on the prices of different underlying assets (like BTC etc.) against each other. An example of how this would work on our first speculation contract (LIVE) and the general concept is:
The price of BTC is at $8,000 USD. Dave believes in 5 minutes the price will be below $8,000. He creates an O/U contract on our platform and sets the price at $8,000, chooses the option to bet 'Under' and sets the price contention period for 5 minutes. Alexa has a contrasting price view or goal to Dave. She believes the price will be above $8,000 USD. So she joins the contract Dave created and chooses to bet on the 'Over' option. Now when the 5 minute contract duration is up our smart contracts retrieve the current price of BTC and either Dave or Alexa will make profit, depending if they chose the correct option.
This is different from an exchange in many ways. The main difference is users do not actually buy or sell the assets our platform supports. They only bet on the price of the underlying assets. This makes our platform lightweight, cheaper, faster, more convenient, secure and scalable. Functionality this supports includes shorting (betting the price will go down), hedging (protecting your portfolio from possible losses, if you hold any coin ex. BTC, believe it is going down in price, and don't wish to sell because you believe in the project or future or because its cheaper to hedge on our platform then sell on an exchange, you can short it on our platform, making profit to cover possible loss from your actual portfolio), longing (betting the price will go up).
------------------------------------------------------------------------------------------------------------------------------------------------------
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
For people who do are not familiar with using MetaMask on an Ethereum testnet you can still see the full functionality from our YouTube video and view the dApp but not able to interact with it.
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product (here: https://flip.etherace.io ) that redirects you to switch to the Ropsten Network is you are not already on it.
Please let us know what you think. We have received some suggestions thus far and some bugs that we are fixing right now!
Thanks everyone and enjoy using it!
The EtherAce Beta of the Over/Under Speculation Contract is live on the Ethereum ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Link to ANN THREAD: https://bitcointalk.org/index.php?topic=4457994.0
Link to Bounty THREAD: https://bitcointalk.org/index.php?topic=4457998.0
Link to our website: https://etherace.io
Link to our Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
------------------------------------------------------------------------------------------------------------------------------------------------------
SHORT EXPLANATION OF OUR DERIVATIVES MARKET AND ITS ADVANTAGES
Most of this explanation is a re-post from our answer to a great question asked about what and how our derivatives market works.
Our market operates in a similar way that an exchange works. Users can execute actions similar to 'buy' and 'sell' on an exchange. On our platform they are called 'Over' and 'Under' (for our first speculation contract O/U) or 'long' and 'short'.
Users directly trade, speculate and bet on the prices of different underlying assets (like BTC etc.) against each other. An example of how this would work on our first speculation contract (LIVE) and the general concept is:
The price of BTC is at $8,000 USD. Dave believes in 5 minutes the price will be below $8,000. He creates an O/U contract on our platform and sets the price at $8,000, chooses the option to bet 'Under' and sets the price contention period for 5 minutes. Alexa has a contrasting price view or goal to Dave. She believes the price will be above $8,000 USD. So she joins the contract Dave created and chooses to bet on the 'Over' option. Now when the 5 minute contract duration is up our smart contracts retrieve the current price of BTC and either Dave or Alexa will make profit, depending if they chose the correct option.
This is different from an exchange in many ways. The main difference is users do not actually buy or sell the assets our platform supports. They only bet on the price of the underlying assets. This makes our platform lightweight, cheaper, faster, more convenient, secure and scalable. Functionality this supports includes shorting (betting the price will go down), hedging (protecting your portfolio from possible losses, if you hold any coin ex. BTC, believe it is going down in price, and don't wish to sell because you believe in the project or future or because its cheaper to hedge on our platform then sell on an exchange, you can short it on our platform, making profit to cover possible loss from your actual portfolio), longing (betting the price will go up).
------------------------------------------------------------------------------------------------------------------------------------------------------
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
For people who do are not familiar with using MetaMask on an Ethereum testnet you can still see the full functionality from our YouTube video and view the dApp but not able to interact with it.
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product (here: https://flip.etherace.io ) that redirects you to switch to the Ropsten Network is you are not already on it.
Please let us know what you think. We have received some suggestions thus far and some bugs that we are fixing right now!
Thanks everyone and enjoy using it!
[ANN] EtherAce BETA OVER/UNDER SPECULATION CONTRACT LIVE, CHECK IT OUT
Hey everyone !
The EtherAce Beta of the Over/Under Speculation Contract is live on the Ethereum ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Link to ANN THREAD: https://bitcointalk.org/index.php?topic=4457994.0
Link to Bounty THREAD: https://bitcointalk.org/index.php?topic=4457998.0
Link to our website: https://etherace.io
Link to our Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
------------------------------------------------------------------------------------------------------------------------------------------------------
SHORT EXPLANATION OF OUR DERIVATIVES MARKET AND ITS ADVANTAGES
Most of this explanation is a re-post from our answer to a great question asked about what and how our derivatives market works.
Our market operates in a similar way that an exchange works. Users can execute actions similar to 'buy' and 'sell' on an exchange. On our platform they are called 'Over' and 'Under' (for our first speculation contract O/U) or 'long' and 'short'.
Users directly trade, speculate and bet on the prices of different underlying assets (like BTC etc.) against each other. An example of how this would work on our first speculation contract (LIVE) and the general concept is:
The price of BTC is at $8,000 USD. Dave believes in 5 minutes the price will be below $8,000. He creates an O/U contract on our platform and sets the price at $8,000, chooses the option to bet 'Under' and sets the price contention period for 5 minutes. Alexa has a contrasting price view or goal to Dave. She believes the price will be above $8,000 USD. So she joins the contract Dave created and chooses to bet on the 'Over' option. Now when the 5 minute contract duration is up our smart contracts retrieve the current price of BTC and either Dave or Alexa will make profit, depending if they chose the correct option.
This is different from an exchange in many ways. The main difference is users do not actually buy or sell the assets our platform supports. They only bet on the price of the underlying assets. This makes our platform lightweight, cheaper, faster, more convenient, secure and scalable. Functionality this supports includes shorting (betting the price will go down), hedging (protecting your portfolio from possible losses, if you hold any coin ex. BTC, believe it is going down in price, and don't wish to sell because you believe in the project or future or because its cheaper to hedge on our platform then sell on an exchange, you can short it on our platform, making profit to cover possible loss from your actual portfolio), longing (betting the price will go up).
------------------------------------------------------------------------------------------------------------------------------------------------------
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
For people who do are not familiar with using MetaMask on an Ethereum testnet you can still see the full functionality from our YouTube video and view the dApp but not able to interact with it.
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product (here: https://flip.etherace.io ) that redirects you to switch to the Ropsten Network is you are not already on it.
Thanks everyone and enjoy using it!
The EtherAce Beta of the Over/Under Speculation Contract is live on the Ethereum ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Link to ANN THREAD: https://bitcointalk.org/index.php?topic=4457994.0
Link to Bounty THREAD: https://bitcointalk.org/index.php?topic=4457998.0
Link to our website: https://etherace.io
Link to our Whitepaper: https://etherace.io/whitepaper/EtherAce_Whitepaper_v1.0.1.pdf
------------------------------------------------------------------------------------------------------------------------------------------------------
SHORT EXPLANATION OF OUR DERIVATIVES MARKET AND ITS ADVANTAGES
Most of this explanation is a re-post from our answer to a great question asked about what and how our derivatives market works.
Our market operates in a similar way that an exchange works. Users can execute actions similar to 'buy' and 'sell' on an exchange. On our platform they are called 'Over' and 'Under' (for our first speculation contract O/U) or 'long' and 'short'.
Users directly trade, speculate and bet on the prices of different underlying assets (like BTC etc.) against each other. An example of how this would work on our first speculation contract (LIVE) and the general concept is:
The price of BTC is at $8,000 USD. Dave believes in 5 minutes the price will be below $8,000. He creates an O/U contract on our platform and sets the price at $8,000, chooses the option to bet 'Under' and sets the price contention period for 5 minutes. Alexa has a contrasting price view or goal to Dave. She believes the price will be above $8,000 USD. So she joins the contract Dave created and chooses to bet on the 'Over' option. Now when the 5 minute contract duration is up our smart contracts retrieve the current price of BTC and either Dave or Alexa will make profit, depending if they chose the correct option.
This is different from an exchange in many ways. The main difference is users do not actually buy or sell the assets our platform supports. They only bet on the price of the underlying assets. This makes our platform lightweight, cheaper, faster, more convenient, secure and scalable. Functionality this supports includes shorting (betting the price will go down), hedging (protecting your portfolio from possible losses, if you hold any coin ex. BTC, believe it is going down in price, and don't wish to sell because you believe in the project or future or because its cheaper to hedge on our platform then sell on an exchange, you can short it on our platform, making profit to cover possible loss from your actual portfolio), longing (betting the price will go up).
------------------------------------------------------------------------------------------------------------------------------------------------------
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
For people who do are not familiar with using MetaMask on an Ethereum testnet you can still see the full functionality from our YouTube video and view the dApp but not able to interact with it.
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product (here: https://flip.etherace.io ) that redirects you to switch to the Ropsten Network is you are not already on it.
Thanks everyone and enjoy using it!
ANNOUNCEMENT:
Our speculation dAPP featuring our Over/Under contract has been taken down for now due to Oraclize issues on the Ropsten testnet. The dApp will be redeployed once we can confirm it is working again! Sorry for any inconvenience and we will announce when it is back up!
For transparency here is our smart contract on Etherscan: https://ropsten.etherscan.io/address/0x8466bc490d87b01d7b0d0f9b5682a806e49966d6 , you can see the last callback from Oraclize was executed 2 hours and 9 minutes ago and the next bet placed sent a transaction to Oraclize as it should but never received one back.
You can also view our chat with Oraclize support here: https://gitter.i m/oraclize/ethereum-api , as we work to resolve this issue immediately! Thanks all.
*Edit: The link to the Oraclize support chat was blocked as suspicious so we separated the 'i' and 'm' above. Just copy the full link ending at '-api' and remove the space to view the chat!
Our speculation dAPP featuring our Over/Under contract has been taken down for now due to Oraclize issues on the Ropsten testnet. The dApp will be redeployed once we can confirm it is working again! Sorry for any inconvenience and we will announce when it is back up!
For transparency here is our smart contract on Etherscan: https://ropsten.etherscan.io/address/0x8466bc490d87b01d7b0d0f9b5682a806e49966d6 , you can see the last callback from Oraclize was executed 2 hours and 9 minutes ago and the next bet placed sent a transaction to Oraclize as it should but never received one back.
You can also view our chat with Oraclize support here: https://gitter.i m/oraclize/ethereum-api , as we work to resolve this issue immediately! Thanks all.
*Edit: The link to the Oraclize support chat was blocked as suspicious so we separated the 'i' and 'm' above. Just copy the full link ending at '-api' and remove the space to view the chat!
DEV UPDATE:
The minor issue Oraclize was having on the Ropsten testnet has been resolved! The Over/Under speculation contract will be available on our website again shortly. Please stand by for an announcement on when it is back up. Special thanks to the Oraclize team for resolving the issue quickly.
This incident has showed the EtherAce team some flaws exist in the contract workflow which we will start fixing now. We will still be deploying the original version of our speculation contract in the mean-time! Thanks all and sorry for any inconvenience caused.
DEV UPDATE: OVER/UNDER CONTRACT LIVE AGAIN
The EtherAce Beta of the Over/Under Speculation Contract is live again on ROPSTEN testnet at https://ou-contract.etherace.io/ . The smart contract transactions can be viewed on Etherscan here: https://ropsten.etherscan.io/address/0xe8a60d06408148ec9767799d8b41240c3d4666fd
Be sure to check it out. Please report all bugs or questions to the EtherAce Team. We will continually be working and updating this product to fix different bugs that have or may appear !
We will also be releasing an article on our Medium account https://medium.com/@etherace.devs on how to use our Speculation Contract and a YouTube video on our channel https://www.youtube.com/channel/UCwjOAJgYFw2ayKVzBz_ITMg to show a demo of all the functionality. Our smart contracts running on the blockchain will be made public on our Github account https://github.com/etherace soon!
You will need to be on Ropsten testnet to use it and have Ropsten ETH. A good Ropsten faucet is here: https://faucet.metamask.io/ . It is a bit unclear on the site as of now that you need to be on Ropsten, we will be implementing something similar to what we have on our Flip product that redirects you to switch to the Ropsten Network is you are not already on it.
Thanks everyone and enjoy using it!
ANNOUNCEMENT:
Our speculation dAPP featuring our Over/Under contract has been taken down for now due to Oraclize issues on the Ropsten testnet. The dApp will be redeployed once we can confirm it is working again! Sorry for any inconvenience and we will announce when it is back up!
For transparency here is our smart contract on Etherscan: https://ropsten.etherscan.io/address/0x8466bc490d87b01d7b0d0f9b5682a806e49966d6 , you can see the last callback from Oraclize was executed 2 hours and 9 minutes ago and the next bet placed sent a transaction to Oraclize as it should but never received one back.
You can also view our chat with Oraclize support here: https://gitter.i m/oraclize/ethereum-api , as we work to resolve this issue immediately! Thanks all.
*Edit: The link to the Oraclize support chat was blocked as suspicious so we separated the 'i' and 'm' above. Just copy the full link ending at '-api' and remove the space to view the chat!
Our speculation dAPP featuring our Over/Under contract has been taken down for now due to Oraclize issues on the Ropsten testnet. The dApp will be redeployed once we can confirm it is working again! Sorry for any inconvenience and we will announce when it is back up!
For transparency here is our smart contract on Etherscan: https://ropsten.etherscan.io/address/0x8466bc490d87b01d7b0d0f9b5682a806e49966d6 , you can see the last callback from Oraclize was executed 2 hours and 9 minutes ago and the next bet placed sent a transaction to Oraclize as it should but never received one back.
You can also view our chat with Oraclize support here: https://gitter.i m/oraclize/ethereum-api , as we work to resolve this issue immediately! Thanks all.
*Edit: The link to the Oraclize support chat was blocked as suspicious so we separated the 'i' and 'm' above. Just copy the full link ending at '-api' and remove the space to view the chat!
DEV UPDATE:
The minor issue Oraclize was having on the Ropsten testnet has been resolved! The Over/Under speculation contract will be available on our website again shortly. Please stand by for an announcement on when it is back up. Special thanks to the Oraclize team for resolving the issue quickly.
This incident has showed the EtherAce team some flaws exist in the contract workflow which we will start fixing now. We will still be deploying the original version of our speculation contract in the mean-time! Thanks all and sorry for any inconvenience caused.
ANNOUNCEMENT:
Our speculation dAPP featuring our Over/Under contract has been taken down for now due to Oraclize issues on the Ropsten testnet. The dApp will be redeployed once we can confirm it is working again! Sorry for any inconvenience and we will announce when it is back up!
For transparency here is our smart contract on Etherscan: https://ropsten.etherscan.io/address/0x8466bc490d87b01d7b0d0f9b5682a806e49966d6 , you can see the last callback from Oraclize was executed 2 hours and 9 minutes ago and the next bet placed sent a transaction to Oraclize as it should but never received one back.
You can also view our chat with Oraclize support here: https://gitter.i m/oraclize/ethereum-api , as we work to resolve this issue immediately! Thanks all.
*Edit: The link to the Oraclize support chat was blocked as suspicious so we separated the 'i' and 'm' above. Just copy the full link ending at '-api' and remove the space to view the chat!
Our speculation dAPP featuring our Over/Under contract has been taken down for now due to Oraclize issues on the Ropsten testnet. The dApp will be redeployed once we can confirm it is working again! Sorry for any inconvenience and we will announce when it is back up!
For transparency here is our smart contract on Etherscan: https://ropsten.etherscan.io/address/0x8466bc490d87b01d7b0d0f9b5682a806e49966d6 , you can see the last callback from Oraclize was executed 2 hours and 9 minutes ago and the next bet placed sent a transaction to Oraclize as it should but never received one back.
You can also view our chat with Oraclize support here: https://gitter.i m/oraclize/ethereum-api , as we work to resolve this issue immediately! Thanks all.
*Edit: The link to the Oraclize support chat was blocked as suspicious so we separated the 'i' and 'm' above. Just copy the full link ending at '-api' and remove the space to view the chat!