Motivation

From times immemorial, people had been making bets. One of the earliest bets known to the mankind is the only that Cleopatra and Mark Antony made. In this story, the queen wager that she may want to drink wine that cost 10 million sesterces in a single meal. So, she dissolved 10 million sesterces well worth of pearls into a pitcher of wine and drank it in a gulp! Legend has it that this how Cleopatra won the guess.

The term eristica is derived from the Greek eristikē technē, which interprets to, “the artwork of prevailing disputes”. It is known that historical Greeks had a very keen eye for bets. As a count number of fact, the complete Greek mythology is steeped in the concept of a competition among gods and those for an excellent cause.

Fast forward to the 20th century and that is whilst demanding situations and bets grew into a commercial enterprise wherein everybody who desired to have a guess ought to put his/her money on almost any event in any metropolis at some point of the world.

So, in 1960 David Threlfall made one of the maximum improbable bets ever in records. In one of the bookmaker’s places of work in London, the Brit bet 10 kilos on an implausible guess at the time that man might get to the Moon in the following 10 years! And it did take place! 9 years later Neil Armstrong landed on the Moon and David won 10,000pounds! He transformed this fortune into a very high-priced sports vehicle however long tale quick, it become all thanks to a guess!

Moreover, bets have additionally been known to influence way of life and artwork around the world. For instance, having a bet is the main difficulty in the novel “Around the World in Eighty Days”. “The Gambler”, the unconventional by means of Fyodor Dostoevsky, became written by means of the writer within a month as the author looked settle up his debts to a on line casino.

Hollywood celebrities have not lagged at the back of either. Steven Spielberg still receives checks from George Lucas for the bet he won, while the films “Star Wars. Episode IV: A New Hope” and “Close Encounters of the Third Kind” had been released. The directors guess at the film with the intention to get more field workplace sales. Spielberg positioned his stake on Lucas’ movie, and Lucas, at the contrary, placed it on Spielberg’s film. As far as we recognize, “Star Wars” became a real sensation. Within the primary 12 months after the discharge, the film were given record-breaking $740 million, that is 2.Five times greater than the competitor’s profits.

This is how George Lucas misplaced the wager

With the appearance of the MTV technology and shows which includes “I wager You Will”1 and “Jackass”2, the enterprise of bets changed into converted. Bets have been replaced by means of private and institution demanding situations that have become very famous amongst younger people. “Jackass” for instance became rated 68th at the pinnacle shows of past 25 years3.

Then there has been the emergence of YouTube that set a brand new level within the development of demanding situations. Everyone ought to now turn out to be well-known — with the aid of simply appearing a loopy task, file the whole lot on a cellphone and placed the video at the Web. Videos with new challenges get millions of views and likes, making their authors YouTube stars and motivating new players to undertaking the winners.

This is in which Eristica assignment is available in given that it is designed to unify demanding situations into one unmarried cell platform, wherein customers submit films with their challenges, assignment others and compete for pinnacle places within the usual ranking.

But, regardless of the large progress, there are nonetheless problems inside the industry that hinder in addition
development. Most extensively, there may be the problem of consider that hasn’t been solved but. This has brought about the lifestyles of middleman guarantors, excessive commissions, and complicated the method for creating a task.

Then there's the manage over country wide currencies, legislative regulations, the absence of a global marketplace that is but another layer of issues imposed by the classical monetary gadget.

Moreover, there are internal motives for stagnation, one of them being the reality that monetization through advertising and marketing for FunTech is the base pay. Projects are forced to look to major advertisers, region aggressive advertising and sell the consumer base, that's negatively perceived by means of the community.

The project idea

Eristica is a progressive P2P-platform that drives participation in demanding situations and on-line competitions. The mission became released in 2015 and has already were given extra than 1.2 million users.

The platform permits each participant to release and receive demanding situations, offer video photos of challenges finished and get scores primarily based at the results.

Eristica users also are allowed to generate viral content material with the videos of challenges getting hundreds of thousands of views on YouTube, and the winners turning into stars. The machine of score, popularity and ranking creates a effective incentive for energetic participation. Competitive incentive makes players combat for pinnacle places in the score, within the quest for reputation and prizes.

With the assist of blockchain era, the Eristica task intends to conquer the obstacles confronted by the enterprise and create a single environment for both offline and on-line competitions.

Tokenization of the platform’s economic system will offer the opportunity to get a reward for prevailing challenges, acquire virtual reward from successful predictions and purchase get entry to to all offerings of the platform.

Eristica is a generic platform, wherein every member of the network blessings from the synergy created in the ecosystem.

Unification

The customers of Eristica gets the opportunity to create absolutely unique sorts of demanding situations, inclusive of competitions in online video games, offline bets4, in addition to mass competitions, that is a unique advantage of the task.

One other fantastic function of the platform is the liberty afforded to users while it comes to choosing the number of participants and participants. There may be one-vs-one, one-vs-many and mass competitions.

At the heart of this venture is the capability to digitize the industry coupled with democratization and unification of all business methods within the platform. The platform brings offline challenges to on line with the assist of a user-pleasant interface.

Challenges might be created consistent with a hard and fast of uniform rules while the terms of the guess will be confirmed in a clever agreement and carried out robotically.

Well, Eristica challenge intends to remedy the referred to problems with the assist of blockchain generation and clever contracts. This manner, Eristica will create a brand new route for development and it'll be able to spearhead the evolutionary breakthrough inside the FunTech industry.

Democratization will make the enterprise low-cost to every body. With a unmarried click, one will be able to task thousands of contributors to compete or wager the winner of the contemporary task and get rewards for it. In different words, Eristica’s surroundings allows everyone to select a suitable level of participation relying on choices.

Benefits

Financial indicators and fees inside the enterprise of Bets and Challenges are not uniform and once in a while the disparity may be exorbitant. Bets are generally situation to bookmaker or intermediator corporations which means that the prices can upward push up to 20%. For instance, systems with challenges amongst young humans charge a 10% rate whilst on-line and eSports competitions price 5-10%.

That stated, Eristica sets a single bet for all forms of bets, demanding situations, and competitions, this is three%. This is sure to turn out to be a general in the enterprise and create a waft of clients from greater expensive structures.

Synergy

Eristica may even create a platform in which extraordinary styles of people can have interaction with every different as a result developing a level of synergy within the manner. The young demographic who possibly have in no way handled crypto-forex earlier than, gets an possibility to attempt the products and services inside the crypto-enterprise. This will create a new influx of users and accelerate the technique of introducing crypto-forex into the hundreds.

Everybody is consequently predicted to benefit from this paradigm. The creators of crypto-projects get access to a brand new lively target market, unbiased developers get the platform, in which they are able to implement their ideas. The network of Eristica, on the other hand, could have an possibility to get a rewarded for pastime and contribution to
the development of the undertaking.

How do ERT tokens paintings

ERT tokens - is in-sport forex which customers get for winning contests or for a success predictions. Through the tokens, customers can participate in challenges with celebrities or use them to shop for access to environment services.

How can I participate in ICO? (BTC/LTC/BCC)

Please observe the regulations within the instruction right here: https://goo.Gl/CH5oYZ

How can I take part in ICO? (ETH)

1. Open https://eristica.Com and click on the “Invest now” button. The button will seem because the ICO begins.

2. Copy a agreement cope with from the “Buy ERT tokens for ETH” phase .

3. Log in or log up your Ethereum wallet.

• Don’t send ETH from exchange! If your ETH is in exchange, transfer it to a well suited wallet (we propose to apply https://www.Myetherwallet.Com).

• How to create Ethereum pockets?

1. Open MyEtherWallet and come to the “send ether & tokens” tab (https://www.Myetherwallet.Com/#ship-transaction)

2. Fill the quantity you need to invest to the contact address

• Min payments zero,01 ETH
• Advised gas restriction two hundred 000

1. Click on the “Add custom token” button and fill the subsequent statistics in fields :

Address: 0x92A5B04D0ED5D94D7a193d1d334D3D16996f4E13
Token Symbol: ERT
Decimals: 18

1. Click on the “shop” button

Now you could see ERT tokens for your Ethereum pockets.

1. Sign in / sign up https://eristica.Com for showing your ERT token at private account.

Nine) Scroll down the web page to the “the way to get ERT tokens” tab and input Your Ethereum cope with.

1. Go to Balance faucet, your ERT tokens could be displayed there in about 3 mins.

Why is it profitable to shop for ERT tokens at some point of the ICO

During the ICO, tokens are offered at a reduced charge. It is expected that when they appear on a cryptocurrency alternate, their rate will grow notably. Even if making a decision to promote your tokens on the first day of trading, you can make a profit.

What is the supply restrict of ERT tokens

687.575.392 of ERT tokens might be issued under the smart contract at the date of the ICO start. All the tokens that received’t be offered might be burnt after ICO.

How the tokens are distributed

70% allocated to the ICO sale, 10% retained for the group, 10% reserved for Eristica Challenge Fund and 10% reserved for early buyers, advisors and bounty campaign.

How can I cash out my tokens

You can sell them on stock exchanges. Compatible exchanges which you could use will seem in the near destiny.

How to create a wallet on https://www.Myetherwallet.Com

1. Open https://www.Myetherwallet.Com.
2. Create the password not much less than nine symbols; click on "create new pockets"
3. Download Keystore File (UTC / JSON) and shop it.
4. On your screen you may see "private key", you should make the backup of it. Please, do no longer lose it, it can not be recovered.
5. Access to your wallet via "private key", kind it within the segment on the proper.
6. Click on “Unlock your wallet”.
7. You efficaciously created your pockets!
   Scroll down the web page, reproduction and keep the address of your ethereum pockets.
   You need to enter this address for your personal account on https://eristica.Com for showing of purchased ERT tokens

TOKEN SALE TERMS

Conclusion

The Eristica undertaking has been spearheading innovation in the realm of demanding situations seeing that 2015 and has already earned the accept as true with of more than one million customers. The exponential growth of the platform is a clear indicator of the virality of content created by way of users plus the fact that films with challenges are getting millions of views and encouraging new users to take part.

The FunTech enterprise is on the brink of a new evolutionary step forward. While many market members are nevertheless on the stage of comprehension of all the ones new possibilities to be able to be added by using blockchain and tokenization of the economy, Eristica intends to emerge as a pioneer in growing a single platform for offline and
on-line challenges.

The environment of the platform will enable providers, developers, on-line offerings and community of the venture to engage with every different through Eristica software tokens. Using an API, 1/3-birthday celebration game builders will get the possibility to enforce Eristica offerings of their products. Thus, the task will combine each traditional offline
challenges and online eSports competitions. Even a easy cell game may be without difficulty become a platform for mass competitions.

Users of the platform can be capable of for my part take part in online and offline challenges, make bets with well-known bloggers, acquire virtual rewards for successful predictions of the consequences of challenges. Moreover, they'll be able to actively interact with 1/3-birthday celebration services and the services of a advanced platform atmosphere.

Tokens turns into a regularly occurring currency authorized for charge each in the ecosystem and by using the companions of the mission. The ability to buy tokens within the software will create a stable call for for tokens, so as to definitely impact the liquidity and boom of the fee of the token. To increase the liquidity of the token, Eristica will work difficult on listing tokens at the largest exchanges.

Cryptocurrency adoption amongst mass audience

The first energetic users of cryptocurrency were specialists within the field of IT and cryptography. Initially, mining of bitcoins wasn’t profitable. It became extra like a guiding light, a starting point for an acquaintance of all novices with new generation.

Vitalik Buterin, the founding father of Ethereum, got here to the world of blockchain thru mining. Due to its open architecture, every body should determine out the code and release his/her own version of the blockchain or create an utility the use of blockchain technologies.

The Eristica challenge considers the advertising of the crypto-financial system among young human beings to be considered one of its essential dreams. The challenge is as a consequence trying to carry in millions of younger users to the crypto global.

The first won tokens may be a brand new starting point for the future era of crypto-fanatics. And you never can inform, a number of them may additionally end up being future founders of projects like Ethereum

Authorship:

Bitcointalk nickname : Dervish doff
eth address : 0x84D98d6D6775e7c5c52Ed3FBb81ad2133d596bdF