Sp8de - Best Paltform for The Game of Chance. Changed.

Welcome to Sp8de, a blockchain-based platform capable of supplying unbiased public randomness for developing and running distributed casino applications. Spade is designed to suit the purposes of all the actors comprising the online casino landscape and as such represents the new breed of digital institutions, a distributed intermediary.

The spark that lit this project and continues to inspire us now, is that early blockchain and Bitcoin casinos simply didn’t get it right. The Blockchain community was younger and wilder, ideals of distributed freedom were burning brighter… still, early adopters who applied blockchain technology to gambling promoted the wrong ideals; those undermining the image of decentralized casinos.

Instead of promoting transparency and cost efficiency that characterize blockchain technology, they promoted anonymity and cyber anarchy. Instead of making the casino for everyone, they kept it to themselves.

Token Utility

Software license
Getting access to the universe of applications just requires you to own the native token of our system, SPX.

Gaming Chip
Betting within Sp8de ecosystem is done only using SPX. By owning SPX, you share a part in protocol’s success.

Royalties

SPX is used to reward the developers fairly on the protocol level.

Wallet

The Search Engine of Gaming
Spade is a platform for developing decentralized casino applications.

Inspired to Create
Spade is decentralized marketplace for gaming with no frictions and no barriers to entry.

White Noise Powered Fairness
Voting mechanism is implemented on the protocol level: the rating of an application reflects the true consensus of the stakeholders and is immutable.

Legally Complient
Spade is intended to be fully compliant with all the required regulations.

Tokens Distribution

There are 8,888,888,888 SPX tokens to ever be supplied. Initially, during the ICO, SPX will be issued on the Ethereum blockchain as ERC20 tokens. More detailed information can be found in the whitepaper and the SPX ICO description. The token sale is organized in 9 phases: one pre-sale and four token sales that are each followed by a jackpot round.

Unpurchased Tokens Allocation

There is a possibility that some part of every token Sale will remain unpurchased. As illustrated in Table 6 the majority of the tokens that remain unsold will be automatically distributed among the Jackpots, increasing the number of tokens to be received by the participants in every Sale. If any tokens are allocated to the Spade Foundation they will be used for further development and promotion of the project.

Token Proceeds Utilization
The proceeds of the token sales as well as the tokens that remain in possession of the team will be used to promote and develop the project as outlined in the Road Map section of this paper. In the figure below, we show how the proceeds will be utilized. As we have shown earlier Spade is development intense, therefore we allocate the majority of the proceeds to development and operations as we believe that proper management and highly skilled developers are in the core of the success of this project. Furthermore, when needed the tokens allocated to the Spade Foundation and the team might be used for further promotion and as part of an incentives scheme.