Etherjack - Jackpot game based on intelligent contract


The advantages of Blockchain systems are evident when it comes to trusting currency to some means. The medium is an intelligent contract in a chain of blocks, whose source code is revealed, and which does not allow backdoors for developers, completely resolves the trust problems associated with this type of games. Such architecture eliminates the possibilities of intrusion and traps, which the game organizer could use (such as RNG rigged), or if there is any, makes his presence evident.
Today, there are already a number of games and platforms working within blockchains, driven by smart contracts. However, due to certain technical limitations (such as the time it takes to complete a transaction), most types of games are effectively incompatible with architecture: no one is ready to wait until one minute before the next action.
EtherJack.io is the first jackpot game based on smart contracts. The central process of the game is secure, it runs completely in the chain, operated by contracts with the source code disclosed, with only optional extensions that merge out of the chain.

Token Jack

The JACK token has an intrinsic value because it has two main functions: 
 • It can be used to make offers instead of Ether (therefore, its value is not inferior to the offer price at any time); 
 • The owner can obtain (dividends) of all offers made and new JACK chips sold through the Jackpot contract. 
 The value of JACK is supported by the presence of the jackpot prize, since the jackpot is the motivating factor behind the players who bid. Each time an offer is made, the jackpot increases in size, the dividends are paid and the JACK supply remains the same. This drives the growth of JACK's value.
Although the gaming industry continues to grow annually, there are still many online betting sites that pass through third parties that are not subject to any control mechanism and pose a high risk to lottery operators that affect the results of rewards and payments .
With the presence of this platform Etherjack will give more confidence to the participants of the Jackpot Game with a decentralized system. As I said before, the game will not show developers and operators but fellow participants. During this period, Etherjack agreed to have an initial chip offering program (ICO) whereby everyone could use "JACK chips" as a betting option for the participants instead of using ethereum.
Other than that, all JACK tokens can be used as a means of investment to resell when prices are higher. Fixed supply of 1 million Token Jack, the token will continue to decline as time goes by, as many people start making offers using Token Jack. When the Token is sent to the airport, it will be calculated in the user's deposit with a chain distributor and the entire deposit can be withdrawn.
Promotion plan
It is in the interest of ICO investors and developers to have as many bids as possible and as many JACK chips as possible sold during the game phase. 
Therefore, it is the task of the creators to attract as many people as possible to the game. The funds raised through the ICO, as well as the participation of the Chamber's dividends, will be used to acquire new players. 
The main marketing directions are: 
• Bounty program in forums. 2.5% of coined JACK will be used for this purpose. The description of the rewards program is available at https://etherjack.io
• Oriented ads on general-purpose platforms: Facebook, Instagram, Google AdWords.
• Paid advertising in cryptocurrencies, ICO and focused portals Ethereum
EtherJack offers a game for which fast transaction processing is not critical and is tolerant to latency. The game is designed in such a way that the presence of latency does not break the game or make it less interactive or attractive. 
Therefore, EtherJack enjoys all the advantages of a game in the chain (100% fair and transparent, with clearly defined and immutable rules) and does not suffer the disadvantages associated with slow processing speeds.

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