Published On: Wed, Feb 14th, 2018

Sp8de: The First Blockchain-Based Casino ICO with Jackpot Rounds

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Have you ever walked into a casino, only to walk out frustrated, feeling that you got cheated? Have you ever wanted to gamble at the convenience of your own home, without having to interact with people? Sp8de might be the answer for you.
Sp8de – Casino on Cardano
Similar to many new ICOs and blockchain projects, Sp8de aims to utilize the power of blockchain and cryptocurrency to revolutionize a specific market; in this case, casinos and gambling. However, unlike many other ICOs, Sp8de isn’t based on Ethereum. Instead, it will be based on Cardano, which, at time of writing, is the 5th largest cryptocurrency by market cap.
According to Sp8de, Cardano was chosen over other proof-of-work cryptocurrencies (e.g. Bitcoin or Ethereum) because they believe that POW coins cannot scale transaction-wise. For them, proof-of-stake is a much better option.
Ouroboros, the underlying proof-of-stake protocol beneath the Cardano blockchain, relies on generating unbiased entropy. This is extremely useful for projects like Sp8de – gambling platforms can use these randomly-generated numbers to ensure that their games are provably fair.
Sp8de is a protocol and a blockchain-based platform with features that are tailored …

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