EtherJack.io is the first jackpot game based on smart contracts. The central process of the game is secure, it runs completely in the chain, operated by contracts with the source code disclosed, with only optional extensions that merge out of the chain.

EtherJack offers a game, fast transaction process is not important, and it is latency tolerant. sport is meant in such a way that the presence of latency will not damage the sport or make it less interactive or participate. Thus, EtherJack enjoys all the advantages of an on-chain co-worker (100% honest and clear, clearly outlined and set in stone rules) and does not suffer losses associated with slow process speed.

The rule is simple: there is a big jackpot, and someone else puts in a bid to state it, at intervals allowing time when the last offer. If no offers arrive, the last one confirms it gets it. If the bid keeps coming back, the jackpot adds up.

The game method is described by an unattached Etherum association, and is fully controlled by the player. ASCII text files for good contracts are printed, which ensures the transparency and fairness of this method. The developers do not leave backdoors or ways to change the contract after it runs. If nobody places a bid at the time-out interval, the contract can send all the Jackpot counts to the winner, and zip will stop it.

This is the game: There is a jackpot and there is a running timer, if someone is bidding the person currently claiming the jackpot, the extra bid for the jackpot and also the timer is reset. If nobody claims the jackpot when the timer runs out, it will continue to the last one that placed the bid.

Everything represented above is actually enforced in reasonable contracts with ASCII printed text files so developers (or others) can not have an effect on sports methods, can not manipulate or alter them, or modify the foundations when flying. The contract codes attached ensure that the sport is clear and honest for all or any of the participants.

The EtherJack.io game is unique:

• This is a multiplayer.
• This is a one-off opportunity.
• If it can be called a lottery, it is completely transparent.
• Players can post messages on the board.
• Players can play or invest. If a player buys tokens, they can resell them to those who buy them later.
• gifts x2, x5, and x10 during the supply phase.
• Unique ICO Jackpot Collection: token price grows according to contract rules, and its value is always at least nominal price, because it can replace the offer of that amount.

Once the game starts, the player must bid constantly because otherwise the other wins. This is the perfect app of the Ethereum smart contract: the system ensures that the game is fair and the payment is guaranteed.

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 big prizes. 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 increases (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:


Here is the Selected Points Duration:


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.

*JACK token ICO*


As many as a million Geckos JACK was created. 2.5% of the amount used for gift gifts. the remaining ninety-seven, 2% marketed throughout the ICO. The ICO goes on until the jackpot (Jackpot contract balance) has a minimum of 333 ET. Once the tip is reached, a pair of day timers begins. Once the timer runs out, ICO ends, and also the game starts. During ICO, investor transfers Ether to Jackpot Contract (0xe64d5f33E28387855d33980719f27f0d579392aF) and receives JACK on a reciprocal basis. JACK is the currency used in sports, so this is its intrinsic value in accordance with the rules of the sport, and the value is increasing according to the code in the contract.

The sales value of JACK changes across the ICO, making it more profitable to shop 1 than the last. Two hundred of each sale across the ICO, used for sales budgets. The rest (80%) is used to fill the jackpot. The extra Eter that accumulates in the jackpot by the sport begins, the additional involving sport is for the players. The player's activities generate profits for the JACK holder and make the JACK value grow faster.

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.





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