Recently, blockchain-based online casino Edgeless announced its upcoming ICO, due to begin on 16th February 2017. The Ethereum based casino markets itself on having 0% edge and full transparency. Co-Founder Tomas Lukosaitis agreed to answer some questions for Chain-Finance.
C-F: With the option of using cryptocurrency casinos with house edge of 1% or under, what will compel users to move from their current gambling options to Edgeless?
TL: There are few key factors. First of all, 0% house edge is a great marketing message for every gambler, as this means the chances are equal for everyone. Most online casinos have 1% – 15%, but not Edgeless. Moreover, as the casino is completely transparent, there is no way of scamming people with rigged odds. You can read more about our marketing strategy in this Medium post.