JACK ICO AND GAME: The First Or The Last

https://etherjack.io/

EtherJack.io is the first smart-based jackpot-based game. The core game process is safe and secure, running completely on-chain, operated by contract with disclosed source code, with only optional extensions based off-chain.

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 a big prize. 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 a 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 ".

https://youtu.be/udyy4SbUu1M

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 dividend from the Owner Token for BURNED Bets 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.

Smart Contract

The main components of the game—JACK tokens, bids, and the Prize—are written as Ethereum smart contracts, for which the source code is published.
This means the game is fully transparent and fair, and anyone can audit it.

Game scenarios

Depending on the ways the game goes, several scenarios are possible.

JACK Token holders can always extract their profit quickly by selling their tokens to players at the current bidding price.

The decision problem

When you bid, your chance to win is no smaller than that of the one who bids before you. Actually it’s higher because the timeout gets shorter every time.
The moment everyone says “ I'll pass this time ”, the last bidder wins.

Volume Discounts

When buying JACKs, buy in bigger amounts and get volume discounts up to 25%.
The discount is provided only within a single transaction, so try to buy in bigger chunks for maximum profit.