Eristica – The Global Decentralized Platform Of Personal And Mass Challenges On Smart Contracts
Eristica – With the help of blockchain technology, the Eristica project intends to overcome the obstacles facing the industry by creating an ecosystem that unites competitions both online and offline, in which each member of the community wins through synergy. In turn, tokenization will allow users to receive a reward for winning in the Challenges, earning on successful predictions and buying access to all platform services.
Eristica also sees its task in the digitization, democratization, and unification of all business processes taking place in the industry. With an easy-to-use interface, the platform will bring offline events to the online environment. In this case, the competitions will be created and conducted according to uniform rules, the terms of the bet will be fixed in a smart contract and executed automatically. The democratization of the industry will lead to such a level of its availability, in which one clique will make it possible to call thousands of participants for the competition or to predict the winner in the current dispute and make money on it. Moreover – in the Eristica ecosystem, everyone can choose for himself the most comfortable level of participation.
What We Have For You
- A FunTech video platform for challenges with 1.2+M user base
- 2+ years of Growth Hack development
- Average time per session of 13 mins
- Support from the #1 early-stage investor in the world: SOSV
- Support from McKinsey, Winter Capital and a group of private pre-ICO investors
- Mentorship from industry superstars
- Agreements for monthly pre-installs on smartphones in Asia
What We Strive To Accomplish
- An ecosystem where users challenge each other transparently through smart contracts.
- Decentralised oracle system where anyone can bet and challenge participants with an aim of winning tokens for every successful prediction.
- A platform with integrated third party services and products based on the blockchain technology.
- Online challenges for e-sport competitions for games built on Unity and Unreal
- Engines with help of the Eristica Game API.
- User-friendly in-app interface for purchase and sale of tokens at the current market price without dealing directly with exchanges.
- New types of challenges: one-vs-many and many-vs-many.
- Eristica key feature is the ability to challenge any person in the world to do anything using cryptocurrency.
1) Unification. Users of Eristica will be able to create completely different types of tasks, including competitions in online games, offline bets, as well as mass competitions, which is a unique advantage of the project. Another great feature of the platform is the freedom provided to users when it comes to choosing the number of participants and participants. There can be competitions “one-against-one”, “one-against-many” and “mass”.
2) Benefits. Financial indicators and fees in the industry of rates and calls are uneven, and sometimes the discrepancy can be exorbitant. Bets usually apply to bookmakers or intermediary firms, which means that fees can increase to 20%. For example, platforms with problems among young people charge a fee of 10%, while online tournaments and eSports competitions charge 5–10%. Nevertheless, Eristica sets a single rate for all types of bets, calls, and competitions, which is 3%. This will inevitably become the standard in the industry and will create a flow of customers from more expensive platforms.
3) Synergy. Eristica will also create a platform where different types of people can interact with each other, thus creating synergy in this process. A young man who, perhaps never before, was engaged in cryptocurrency, will have an opportunity to try products and services in the crypto industry. This will create a new influx of users and accelerate the process of introducing cryptocurrency into the masses.
4) Community. Demographics of a young audience is one of the attractive aspects of the Eristica project. About 64% of 1.2 million users are young people aged 13 to 24 years. Active users register in the application on average 4 times. What is surprising is that the average session time is 13 minutes, which is quite high in the industry.
The benefit of this technology is blockchain — it prevents users from fraud and disputable situations. In case of fake video or an opportunistic opponent, the community becomes the legitimate judgment system which 100% decentralized. Eristica is 2G optimised, it means small app size, small data usage and optimised for emerging market phones (<7Mb app size).
Eristica network token (ERT)
The Eristica Token (ticker: ERT) is a vital part of the Eristica network. The ERT will enable users to participate in bets even with celebrities, get rewards for winning challenges, make money off successful predictions and buy access to platform’s services.
The ERT also operates in decentralized governance which makes it possible for users to have an influence on solving disputable situations when voting for winners in a challenge.
- Start Time: December 7, 2017
- End Time: December 29, 2017
- Duration: 22 days or immediately when the hard cap is reached.
- Hard Cap: $10M
Allocation of Token
- 70% of all tokens will be available to buy within ICO.
- 10% is reserved for Eristica team. The token will be locked in a smart contract with a 24-month vesting period, and a 6-month cliff.
- 10% of tokens will be transferred to the Challenge Foundation for the development of the platform ecosystem.
- 10% will be a reserve for initial investors, project advisors, and bounty programs
To know the latest information about Eristica project you can visit the link below:
ANN THREAD: https://bitcointalk.org/index.php?topic=2473473
ETH : 0xF4919c366c3ad386f0A5Abe322d6cDe0238CeB28