DoubleDice is a patent-backed non-custodial gateway to the pooled betting multiverse. This player to player game does not feature a “house” that sets odds. Instead, the players themselves create the odds based on how they bet. This Cryptonairz AMA features VK, founder of Double Dice, and is hosted by Cryptonairz founder Crypto Sensei.
At DoubleDice all games are between players and players alone. Players bet on one or more of the possible outcomes for any game and all the monies bet by all players are collated and ring-fenced in smart contracts. When the outcome of the game is known, the system automatically distributes the pot to the winning players weighed by risk-reward parameters.
From Their Whitepaper:
Create fair gaming and embed creator economy, by removing the role of casinos and bookies in betting and gaming, and allowing users to create their own bets/game utilizing the DoubleDice turnkey decentralized tech-stack in a no-risk pooled setup.
DoubleDice is a blockchain/DLT based, pooled-predictions platform where players can predict on sports, card games, casino games, dice games, political outcomes, etc. in a “player only” environment without going against a house or casino.
DoubleDice is a non-custodial pooled gaming platform-as-a-service. Users utilize the plug-and play turnkey tech-stack to own, promote and run pooled bets or gaming rooms. To gain access to this utility they stake the native token $DODI (listed on UniSwap and BitMart as of March 2022).
DoubleDice makes money in the form of technology provision fees for enabling the pooled betting between players. DoubleDice simply provides the technology stack including the smart contract and decentralized databases. It does not create any products, rooms, bets where players engage.
Part of the Constellation and Lattice ecosystem. DoubleDice is part of the Constellation ecosystem that hosts numerous projects and prestigious partners including the US Department of Defense. Projects have raised more than $20m and listed on leading CEXs (KuCoin, Gate, etc.). This gives DoubleDice access to a cumulative community of over 50,000 members and leading influencers.
DoubleDice will begin in the unregulated “crypto for crypto” space without KYC/AML. However, DoubleDice could obtain a Gaming license from the Isle of Man if we choose to do so, for a parallel revenue stream beyond the decentralized gaming approach, so as to be able to serve more than 50% of the global population with a single license in a secure and regulated manner, including KYC.
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