Live Player Games has announced the release of the E4ROW Ethereum escrow contract, and the first app that uses the E4ROW contract: Uncle Finney’s Poker. Uncle Finney’s Poker is one of the first poker apps for Android devices that enables players to bet and win Ether. E4ROW is launching a Contribution Campaign on May 2nd, 2017 at 12:00 A.M., GMT.
E4ROW, which stands for ‘Ether 4 the Rest Of the World’, is an open source contract that performs sophisticated escrow functions. E4ROW’s mission is to aggressively expand the universe of Ether users by bringing Ether-based apps to the global online/mobile gaming markets. The E4ROW contract that is at the core of these apps enables players to bet and win Ether in a secure and transparent manner. The goal of these games is to introduce Ether to millions of new users, thus increasing the overall adoption, viability and value of Ether.
Instead if tech-savvy consumers, E4ROW is attempting to break into the market of online and mobile gamers to create a host of new Ether users. E4ROW and Uncle Finney’s Poker are professionally developed software that are complete, tested, and ready for market.
There are reported to be more than 250 poker apps appearing in the Google Play store, with over 100 million players worldwide. Most of these Android apps require that players bet fake coins that have no real value outside of the game environment. In contrast, Uncle Finney’s Poker enables Android users to bet and win Ether.
E4ROW is launching a Contribution Campaign, enabling those wishing to support E4ROW’s mission to purchase tokens beginning May 2nd, 2017 at 12:00 A.M., GMT and ending 3 weeks after. Every escrow transaction handled by the E4ROW contract collects a 2% escrow fee. These fees are proportionally divided among the E4ROW token holders and paid out as perpetual distributions. Whilst the primary goal of E4ROW is to promote Ether and rapidly expand its user base, the developers believe that the limited number of token holders have the potential to earn significant ongoing returns due to the massive global market for poker and the other games in development.
Developer tokens are locked for 12 months from end of sale. Token holders receive ongoing returns from escrow fees earned by E4ROW. At least 5,000 transactions must be successfully completed within 90 days of sale, or 90% of funds raised will be returned to investors.