[Edgeless/EDG] Weekly Update on Edgeless Casino Transactions_180801
Hello all!
This is an update of the Edgeless Project for the week ending 18/08/01. I have been using data from Etherscan. However, I have been prevented from downloading the data in excel so some of the work have been done manually. So here we go.
[Number of Edgeless Tokens Sent by Players]
Listed below is the address that is now being used to keep track of Edges sent to the platform to play.
When an Edgeless casino user sends his or her Edges to the ethereum address provided by the Edgeless team, the Edges arrive at the users' address and is subsequently sent to the address above. I believe that this is embedded in the smart contract of the addresses. I have used Excel spreadsheet to keep track of Edges sent and received from 18th of January, which is the official launch date of Edgeless platform. As can be seen in the diagram below, the number of Edges did not grow significantly even after the official launch. I believe that this was due to very rigid registration process which barred users from accesing the platform with ease. I think this was intentional as the gaming platform was at the very initial stage and needed further improvement before mass scale user adoption was possible.
The grey area represents the net number of Edges sent to the Edges platform. The red line number, the sum of transaction numbers.
2018-04-10: 50,027
2018-04-15: 63,516
2018-04-23: 73,486
2018-04-30: 82,713
2018-05-07: 88,953
2018-05-13: 103,729
2018-05-22: 121,425
2018-05-28: 160,226 (+38,801)
2018-06-04: 198,980 (+38,754)
2018-06-11: 222,624 (+23,644)
2018-06-18: 239,887 (+17,263)
2018-06-25: 249,509 (+9,622)
2018-07-02: 279,903 (+30,394)
2018-07-09: 292,536 (+12,633)
2018-08-01: 341,137 (+48,601)
As of writing this article, the number of Edges has neared 350,000. Despite, slowness in ether network and crypto-market collapse, Edgeless is still growing at a healthy pace.
[Number of Players Using Edgeless Platform]
So, how many people are actually using the platform? I think that this is a question that many would like to know the answer to. If you take a look at the link at the top that shows Edges 'sent' to the platform, there are two addresses. The one on the left is the player's Edgeless addresses created within the platform. The one on the right is where all Edges are put together within the platform. If you count the number of addresses on the left, you can see the addresses which were created after a player goes through the KYC and creates an Edgeless address to play! That would also show the number of players registered. Because only registered users can create addresses to send Edges to.
So how many users are there? The number has increased to 461. On average, users are increasing 10-11 users per week. Hopefully we will reach 500 in August. We now have a new game "Crash" coming soon. This will also help boost users.
[Top 100 Holders List]
I've started organizing this in Excel since 17th April this year.
Few weeks ago, Edgeless team withdrawed around 7.5 million Edges to various addresses including 1mn to Bittrex. Another 750,000 was sent to an exchange during the week. I hope that this is another way to diversify Edges to protect from any hacking. There have been new comers to the top 100, and some have left. I will again do precise numbers from next week.
[Casino Bankroll]
https://etherscan.io/address/0x91f273b7a28f5169fd7b7995a54b767ca797bc63#readContract
This is a new section that I will be updating from now. The address shows how much Casino has won from Edges wagered by players. 1.>bankroll shows how much the Casino has won while 6.>playerBalance shows what the players have won. The more the Casino wins, the better for investors as there will be more pool for staking. On the other hand, the less the Casino wins, the better for gamers who use this Edgelesss platform. I started updating this from the beginning of June, thanks to Fred from telegram channel who shared this with us on the telegram. So how are things going?
2018-06-02 80,443 109,207 42.4%
2018-06-07 104,357 100,437 51.0%
2018-06-18 59,454 176,879 24.8%
2018-06-25 61,215 184,321 24.5%
2018-07-02 55,177 220,099 19.7%
2018-07-09 65,527 222,232 22.4%
2018-08-01 99,200 233,258 29.3%
On average the Casino has won approximately 31.2% of all Edges sent. This rate seems to be stabilizing around 30%. So there are clearly winners in the platform and losers. It's not the Casino always winning as some may think. Edgeless-ness really helps players win! This is truly a great news players who can wager based on their skill and luck only! I think this is revolutionary. :)
======================================================
Edgeless team has recently launched new campaigns to attract users to its platform.
Participate in BitcoinTalk to get up to 1,000 Edges!
http://start.edgeless.io/refer-a-friend/
They have started referral programs so both parties can get 10 edges.
I think these actions show that Edgeless team is comfortable and confident with the platform and ready to attract new users. Also more good news are coming with Crash, staking, fiat gateway and more licenses. I think Edgeless provides a good opportunity for gambling and also investment.
======================================================
So,
Why not try some games with your Edges today? :) They have Blackjack, Dice and Baccarat with no house advantage. And it's fun.
https://start.edgeless.io/experience-edgeless/?go=strider
You can also join telegram chat in the link below.
https://t.me/joinchat/FXRVHBFKg-YU0KqZXTCGbQ
Any Edge or Ethereum donations will be very helpful as I continue to write this weekly updates. Address is below. :)
0xc5642a8099ae1127c72754d42a91760c07f5b9df
Q2:
Baccarat Launch "Asian marketing is going to love this!" - Launched
Mobile Platform and Interface Upgrade (Done) - Launched
Q3:
More Exchanges!
UK, Malta Licenses Application Underway
Staking (Date not fixed)
Fiat Gateway
Sportbetting (License will come in Q3, hopefully)
More Exchanges Coming (Among them, India Fiat Gateway!)
More Marketing Coming
More Fairness Check and Statistics Coming
Q4:
Poker
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