Ever dreamed of having a stake in a winning lottery?
Well thanks to a new Ethereum based platform for games of chance called Fairgrounds, that could soon be a real possibility.
Here’s how it works…
Profit Sharing With Fairgrounds Token
Each of the Fairgrounds game has a small but consistent advantage to the house. The funds that are gained from this house advantage will be transferred to a profit sharing contract.
The smart ground then allocates the funds that are collected in the contract to owners of the Fairgrounds Token.
Fairgrounds Token holders will be able to withdraw their profit share any time during the month. If they do not withdraw the funds, then they are rolled over to the next months distribution. All of this can be done through the Fairgrounds website.
Organic Growth Through Referrals
The Fairground platform has a referral system which rewards not only the people who make the referral, but those who are referred as well.
How it works is that users each have their own unique referral link. They can then pass this referral link onto to friends and family. If that person they refers then plays a Fairgrounds game that person receives a 10% bonus.
What’s more the user that made the original referral also receives a 10% bonus. As a consequence there is a strong incentive to refer other players to the network.
Fairgrounds Token Sale
Fairground Tokens are being offered in a token sale from February 7th 2018 to April 11th 2018.
The initial price of the Fairgrounds Token (FGD) will be set at 1 ETH is equal to 10,000 FGD.
Each week the exchange rate falls, so in week two the exchange rate is 1 ETH equals 9,000 FGD. In week three 1 ETH equals 8,000 FGD.
As a consequence there is a strong incentive to contribute to the token sale earlier on. In total 50 million FGD tokens will be made available for sale.
You can participate in the FGD token sale by visiting:
Fairgrounds Website: https://fairgrounds.bet/#/tokensale
Fairgrounds Whitepaper: https://fairgrounds.bet/files/fairgrounds_whitepaper_0.9.5.pdf
Fairgrounds Profit Sharing: https://fairgrounds.bet/#/profit