Edgeless staking beta phase is over. New version is coming
Edgeless successfully finished the 3rd round of bankroll staking beta. For those who are new to staking: Edgeless Bankroll staking is a casino feature which enables community funded bankroll. With staking, Edgeless Casino can serve a larger client base and offer larger betting limits.
There is a limited amount of Edgeless tokens (a total of 132,046,997). It is not possible to create new tokens or delete existing ones . In the near future Edgeless’ players base and betting limits will increase, calling for a larger total bankroll to sustain the growth of the entire system. To make sure the bankroll is always sufficient, Edgeless needs a mechanism which enables the community to support the growth of the bankroll. Secondly, staking creates better community engagement.
More information: https://www.edgelessgroup.io/token
Edgeless wants to say huge Thank You for all people who participate in all 3 staking beta rounds. Edgeless collected a decent amount of feedback and information. Secondly, every staking cycle had more people participating, which is showing an increasing demand for this feature.
“Since December a beta version was operating because Edgeless needed to run several cycles of staking to make sure the entire system runs smoothly. Gained feedback on how the system is working and what should be improved helps us to update the platform from beta to official release. I am glad that Edgeless casino has evolved rapidly this year. The team has developed 6 Edgeless games and offers the most generous Welcome Pack on the market, 7 BTC + up to 777 Free Spins. The unique and popular Jackpot was also introduced to players. According to one of the leading websites that reviews blockchain casinos BitcoinPlay, Edgeless is among TOP 5 casinos!,” - says Edgeless co-founder, Tomas Draksas
It’s time for a new staking version. Edgeless is proud to announce that starting from the 4th cycle, the staking platform will be updated from beta to official release. More information about the 4th cycle and new detailed terms and conditions will be announced on May the 24th, 2019.
* Important note:
The bankroll staking model is created to factor in the latest legal developments in the crypto sector. Similar staking mechanisms are used by other crypto projects.
The Edgeless team follows all legal developments, and if needed, in the future there will be changes made to the principles of staking so that our activities will be in line with regulations.
The EDG token is a UTILITY token. It has no profit sharing, dividends or any other features associated with securities.
Everyone except US citizens can participate in Edgeless staking. Due to uncertainty in the US in regard to the regulation of tokens, this feature is not available to US citizens for now.