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Blockdraw

Company

Content

The Blockdraw company develops the online casino of the same name constructed on a blockchain. Developers claim that their platform provides to players the same security level, as gambling institutions of Las Vegas. By September of the 2018th in a startup about 30 people, 8 of which — citizens of the CIS countries work.

History

2018: Preparation for ICO and start of service

At the end of September, 2018 Blockdraw announced the beginning of a preparatory stage of pre-ICO  — a whip-round for preparation and carrying out ICO when the company wishing to attract investments releases the tokens and sells them to investors.

As told TAdviser in Blockdraw company, the project startup is planned for the second quarter 2019.

According to the press release, Blockdraw meets the most strict regulatory requirements. Players manage the accounts on blockchain- the platform Ethereum, and during the game money is transferred using the transparent monitored transactions.

Blockdraw uses an algorithm Golle as a check method, thanking which each player can individually be convinced that all results are fair. Blockdraw is based on the LEAP protocol — the protected version of Ethereum created taking into account confidentiality of data and access control. The modified Hyperledger components are much more effective, than existing blockchain technology that allows to control the game course in real time, note in the company.

The company with developers from the CIS starts online casino on a blockchain

Many online casinos do not provide to players any security accreditations. Even the best methods of regulation cannot control completely daily activity of such websites, leaving a backdoor way for potential manipulation with results. Legal protection – the fact that distinguishes casino of Las Vegas from online casino.

The startup of Blockdraw intends to change this situation with the help of blockchain technologies. The hostless system will be able to provide required transparency of transactions. The project was created both for players, and for developers of hazardous online games and for the state bodies requiring creation of the safe and open gaming platform.

Notes