Not the first poker on this forum. But, like all poker projects, I think that this one will also be profitable.

Whitepaper is 404 right now, is it a temporary problem? please check

Thanks for notifying! Fixed =)

Check out the video: https://www.youtube.com/watch?v=nEBEfePYFTQ

This looks fantastic, im going to get my ethers ready for tomorrow

We present the tech powering the Acebusters Dapp fully specked as YELLOW-PAPER.

• Check out our github repo.
• Use the tech to build your own fantastic Dapp!
• Contribute to development and earn bounties.

Yellowpaper Abstract:

We present a payment channel concept for up to 10 participants and an efficient protocol to rotate in and out of this multiparty state channel including secure cash distribution. Of this, a busy cash-game poker table with players sitting down and standing up is a prime example.

Our protocol has an initial phase where a participant interacts with the blockchain to join a state channel. After that, new and previous participants need to communicate only with each other over the course of many message exchanges. At any time a participant can signal intention to leave the state channel and eventually rotate out from the channel without interrupting the ongoing message flow or affecting the security of funds.
We describe the stateful contract model and the security notions that our protocol accomplishes. Moreover, we provide a reference implementation as smart contract in Solidity.
In comparison to existing payment channels, our multiparty state channels are more efficient and have additional features.

Quote from whitepaper:

"In the offering period, investor Alice purchases 30,000,000 NTZ for 1,000 ETH (33%
discount). The offering period ends with a total of 5,000 ETH raised.
● According to the graph, with 5,000 ETH raised, 70,000 ABP (10%) is issued in addition
to the existing 630,000 ABP before the event.
● In the power-up period, Alice converts all of her 30,000,000 NTZ into ABP, receiving
14,000 ABP (2% of the issued ABP)."

Shouldn't Alice receive 20% of the issued ABP? (she spent 1000 ETH, 5000 ETH total were raised, so she contributed 20%)


The value of ABP will depend only on the price of NTZ, because when powering down you receive the exact same amount that you used to power up? (and ABP can't be traded)

How is the profit part dividend returned? In additional NTZ? Very unclear in the whitepaper.

Is the amount of ABP that could be issued in power events capped in any way?



It's an interesting project and I like the idea of having a token that is stable in value, because your funds for playing poker aren't meant to be a risky investment, but I don't really see why ABP should be suited for investors and why NTZ would be riskless, if ABP value depends on NTZ price. NTZ seems to be a risky asset and ABP seems to be just NTZ with some extra steps. The way I understood it, NTZ would fluctuate in price just as any other coin, because it determines ABP price which is bound to be volatile because of the dividend. It would simply fluctuate in a more controlled way because of the market maker contract. But if interest in ABP rises and people start to value ABP higher, demand for NTZ rises, because it is needed to convert to ABP, forcing a change in the set prices of the MM contract. Same goes for depreciation.

Another question is, if people buy say 1,000,000,000 NTZ just as funds for playing, and issued ABP is say 1,000,000 and outstanding ABP is 800,000, then how much NTZ needs to be powered up to receive 1 ABP?


I hope I am mistaken and someone can clarify these issues.

Thanks

Hello, looking to do the translation of Spanish and perhaps even Chinese. In order to do so, I need to create an Acebusters account/wallet. But I can't do so without a [required] referral code. Where do I get this?? Someone help please and thanks!

Anthony

Hi everyone! Just added this incredible ICO to my website   https://findico.io/ico/acebusters   Findico.io is a leading cryptocurrency and ICOs portal. Whether you are already involved with ICO or other cryptocurrencies or just want to get into it, Findico.io is a resource to keep updated. ICO rating platform supported by investors and financial experts and users. Findico.io mission is to make it easy for users to find the best ICOs to join. We strive to provide useful and transparent information on ICOs, helping users find projects that have a great potential for success. We also offer a whitelabel platform for ICO projects (Wallet, tokensale system, smart contract, audit and etc) to present themselves to potential users. We have steadily increased the quantity and the quality of information required from ICO projects and we will continue to do so to help this new industry flourish.

Honestly, I have not seen yet projects with two kinds of tokens and yet do not quite understand the need to use both ..

This project is really holding great potential for the future,i believe in it,  nice job