The ArpaGames project aims to be a free and open source, living proof of concept (POC) for decentralized application development.
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Description of the ArpaGames project
ArpaGames — a blockchain-based decentralized application that has been developed as a proof of concept for a provably fair algorithm. ArpaGames uses ©Provable as an oracle when providing RNGs. The platform runs on the Ethereum network and uses Eth as bets. Ethereum is a decentralized network that uses smart contracts for transactions.
ARPAX token is an ERC20 affiliate token of Arpa Corporation. You will receive 100 ARPAX Tokens for every winning bet. You can exchange these tokens for actual items with the corresponding value.
Some features:
| Firstly | Customer privacy is also a major issue that is addressed by cryptocurrency gambling. |
| Secondly | With ArpaGames, there is no need to collect personal information or conduct KYC. You can place bets directly from your wallet. |
| Thirdly | Licensing and filing fees, taxes and KYC procedures, including fraud and corruption that comes with regular gambling activities, are avoidable. |
The platform can increase profits not by eliminating trust in the system, but by increasing it. Compared to regular online casinos, cryptocurrency gambling can eliminate some banking and financial costs as token revenues can go directly to a player's cryptocurrency wallet.
Additional information
At the moment, there is no WhitePaper on the site, but the developers plan to add this document in the future. You can visit the Github page to view the contracts.