This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
EtherSport, an innovative online sports lottery platform based on blockchain technology an Ethereum smart contracts, is about to enter its Pre-ICO stage on November, 13th. During this public preliminary sale, 10 million ESC tokens will be sold at the lowest price to the early investors, or literally anyone willing to participate and having an Ethereum wallet.
EtherSport uses ICO to raise funds and create an innovative and transparent betting on sports events. Each participant of the EtherSport crowdfunding campaign will receive a respective amount of ESC, an internal currency used to conduct all operations within the EtherSport system. ESC tokens can be used as platform currency for buying lottery tickets, as an investment to get dividends — 15% of the raised money from each lottery, or as a speculative commodity to trade on an exchange.
Alex Tsymbal, CEO of EtherSport, explains the competitive advantages of the platform compared to other players on the market: “EtherSport is transparent, meaning every aspect of the lottery can be viewed and verified. EtherSport is decentralized, so that once we deploy the lottery smart contract into the blockchain, it can’t be changed and compromised. EtherSport has a clear and understandable source of drawing results, and everyone is able to follow this process, and EtherSport’s input threshold is only $1, so practically anyone in the world can buy a lottery ticket and have equal chance to hit the jackpot. Also, the system itself will be open-source, the smart contract and lottery bank collection and distribution code will be accessible on GitHub.”
Unlike many other ICOs, Read More Here