EOSJacks – The Premium Decentralized Gaming Ecosystem
Ethereum’s mainstream appearance was because Bitcoin was literally overthrown and had low throughputs. At the moment, it had become model for many operations and lots of projects bank on it for development.
It had also been instrumental to introduction of blockchain gaming (DApps) – a system that is reinvented on EOSJacks. Before insights will be made on the platform, it is important to understand that these decentralized games are yet to reach full potential.
Many Gamers
Unlike traditional games that leave gamers having tens of it on their smartphones, same cannot be said of DApps. On the contrary, few people identify with it and this is why EOSJacks intends recreating the system. What is here is a system that will enhance decentralization of DApps, so far EOSJacks has already broken the record by being the first d'App which it's daily user base is more than top 5 Ethereum apps combined and daily volume is exceeds the top 10 Ethereum apps combined and all this in just a few days after it's launch.
The Choice of EOS
At this time when the world is hoping on the blockchain as savior, it would be ironical putting forward Bitcoin as solution. Ethereum cannot pass as best foot put forward because its speed is only a bit higher than Bitcoin’s.
EOS on its part had been posited as faster network and had lived up to expectations. That is basis why it was selected as platform to hinge this project. Aside its facilitated transactions that cannot lag, it also attracts fewer costs. With this in place, there leaves no doubt that gaming with EOSJacks will be pleasurable experience to look up to.
User-Friendly Interface
A visit to the website shows that a lot had been put into place to enhance user experience. The friendly interface is inviting and gamers also have access to trading volume, mining process and jackpot status of games on the platform. All these are displayed on the home page and there is also easy navigation.
How it works
EOSJacks is essentially out to promote faster DApps and reward activities. However, you won’t be restricted by limited tokens but can earn same as you game on the platform. It had incorporated major games such as dice games into the platform and shore up chances of adoption with non-discriminate token rewards.
Roll to Mine
It is pertinent to note here that you get rewarded whether you hit the jackpot or fail to do so. To play, you pledge few amount of the EOS token. On entrance, you have to pick an odd and place a stake.
EOSJacks has its primary token, JKR on ground to reward activities. This is to be issued whether the gamer wins or loses. The overall intent is to drive adoption of the platform and not necessarily to crown winners.
It is therefore important to note that there is concurrency in transactions on the platform. The first is playing the dice game and the second is mining the JKR token at same time. However, it does not end on individual gaming – there is extension into the arena.
Role of the Arena
Games on EOSJacks such as dice, auction and jackpot are pulled into the arena – the meeting point of all games. While dicing allows for mining, auction is primarily what is obtainable in the arena and here, resources are pooled.
The EOS token will be auctioned and gamers will “feed” tokens that had been pooled. The auctioned pool will keep increasing until it is won. To be won, a player only has to place higher bids than others and if adjudged higher than others, he claims all EOS tokens that had been pooled and the auction pool starts replenishing once more.
The JKR token is to be used in auctioning the EOS.
The token is not bought but rather mined (won) by playing the dice game. A player that loses out in the auction loses the JKR token he pledged.
It is noteworthy that dicing is the main game that leads to mining tokens and the JKR token is used to participate in auction pools. To win in the auction, a player is expected to have more JKR tokens than other players taking part in the contest.
However, there is tendency that everyone will lose out. The arena is open for five (5) minutes and within this time, it is expected that auctions must have been made. If on the contrary auction are not made within this timeframe, then the arena ends and there is only a minute interval before the start of another.
Alternate ICO
In contrast to conventional coin offerings (ICO) that many projects resort to in raising funds and distributing their tokens, EOSJacks settled for gaming. Players are to play the dice game to win (mine) the JKR token and in return, the platform is funded by the few EOS tokens that are used for gaming.
Conclusion
EOSJacks is well-formulated plan that will hedge DApps. Based on the scalable EOS blockchain, transactions are expected to be faster and the formulated roll to mine concept is better alternative to raising funds and issuing tokens to investors.
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Bitcointalk Username: Collinberg
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