Why you should invest in DICE (Fully Functioning Ethereum Dice Gambling dapp)

I've seen a lot of people complain that the Ethereum platform does not have any real-world use cases at the moment. Well this is just untrue as there is already at least one fully functioning dapp operating out in the wild. This dapp is called Etheroll.

Etheroll is a simple provably-fair dice gambling game with a low house edge (1%) where you can bet on the roll of a hundred-sided die. You set your own odds, make a bet with Ether and roll! Your goal is to roll a number that you get to choose with your rewards scaling the lower your odds are. For example, if you choose the number 50, you must roll under 50 and you double your Ether that you bet. You can view the smart contract here to see how it all works: https://etherscan.io/address/0xece701c76bd00d1c3f96410a0c69ea8dfcf5f34e#code

Now you may be wondering where investment comes into this. Etheroll has its own ERC20 token called DICE which currently costs about $4 and has a market cap of $28,939,947. There are 7,001,623 DICE available and each DICE grants you the right to collect on any earnings that the house wins and vote on things like upping the bankroll or adding more games. The really cool thing about DICE is that the percentage of DICE you own is the percentage of earnings you can claim, which are paid in Ether. These dividends are paid out in 12 week cycles. Currently the house has earned about 630 ETH with the first dividend payment coming up on August 7. You can check out this site a member of the Etheroll community made which allows you to see how much you'd be getting paid depending on how much DICE you own: myetheroll.com

Currently Etheroll is in a soft launch and is only using a fraction of its total bankroll. And profits are expected to increases at a fast rate as more and more of the bankroll is implemented. While you may not be able to purchase enough DICE to make a lot off the dividends, you have to remember that the price of DICE themself will go up as more attention is brought to this dapp and as more profits are being made. It is worth mentioning that Etheroll is one of the pioneers of Ethereum dapp gambling and already has made a lot of profit considering it has had zero marketing and is not operating up to its full potential yet. They will also be releasing a way to play the game on mobile using Status in order to get in on the mobile gaming sector.

In conclusion: this is an example of a fully functioning dapp and DAO on the Ethereum platform that looks like it has a very bright future. I'd advise all you crypto investors out there to at least check it out and maybe even roll a couple of rounds, who knows, you may just get lucky ;)