[Edgeless/EDG] Weekly Update on Edgeless Casino Transactions_180625

in #edgeless6 years ago (edited)

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Hello all!

This is an update of the Edgeless project from 6/18 to 6/25. Despite market turbulence, Edgeless project making progress.

[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.

https://etherscan.io/token/0x08711d3b02c8758f2fb3ab4e80228418a7f8e39c?a=0x91f273b7a28f5169fd7b7995a54b767ca797bc63

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.

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The dark navy line 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)
2018-06-18: 249,509 (+9,622)

As of writing this article, the number of Edges has neared 250,000 increasing by 9,622 during the week. Despite people depositing Edges, many players are winning Edges on the casino and withdrawing them. Overall on a gross basis, people deposited 35,659 Edges during the week. New games to be announced will once again help boost Edge deposits.

[Number of Edgeless Transactions Per Day]

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Daily transactions maintains around 15 transactions per day.

[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.

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So how many users are there? The number has increased to 407 accounts, from 397 the week before. We are now on our way towards 500! The number is growing. Considering that last week was also a very bearish market, the growth is continuing!

[Top 100 Holders List]

I've started organizing this in Excel since 17th April this year.

Last week, Edgeless team withdrawed 500,000 Edges to Bittrex possible to make up for resources to cover day to day operations, legal fees and license fees. Although this may be inevitable due to hacking last year, I hope the team will choose selling timing so as not to disrupt Edges prices too much. Many investors are still hodling on Edges believing in the long term success of this project.

One holder trimmed his 129,481 Edges during the week. However, one account increased Edges by 870,162!!! Another by 165,396 and another by 64,960. There are many who are still believe in this project and increasing their holdings.

[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?

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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%

Many players are winning on the Edgeless project! On average the Casino has won approximately 35.3% of all Edges sent. On the casino, you can see daily winners who have won most Edges in each category. You will be astounded by the numbers there! This shows how Edgeless platform increase odds for the players better than so many other Edge'full' Casinos out there. This is truly a great news players who can wager based on their skill and luck only! I think this is revolutionary. :)

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So,

Why not try some games with your Edges today? :) They have Blackjack and Dice, 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 donations will be very helpful as I continue to write this weekly updates. Address is below. :)
0xc5642a8099ae1127c72754d42a91760c07f5b9df

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Q2:

Baccarat Launch "Asian marketing is going to love this!"
More Exchanges!
UK, Malta Licenses Application Underway
Staking (Date not fixed)
Fiat Gateway
Mobile Platform and Interface Upgrade (Done)

Q3:

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