The gambling industry is about to undergo a major paradigm shift: Ridotto, the very first cross-chain gambling and lottery protocol, is launching its IDO through CardStarter on September 27th and will debut on Uniswap on September 28th.
What is Ridotto?
Ridotto promises to totally revolutionize the gambling industry, and turn it topsy turvy through decentralization. Beyond their sleek flagship casino, their protocol enables users to not only play games, but to build and bankroll them as well. Built on Cardano, this innovative approach is designed to do to online gambling, what mobile apps did to online gaming. Ridotto wants to unleash retail ingenuity by giving users the decentralized infrastructure to finance, create, and usher in the evolution of online gambling.
Key elements that distinguish Ridotto as an absolute game-changer when it comes to the online gambling industry:
Ridotto will offer its community and B2B partners alike a seamless and retail-friendly casino-building protocol through which they can develop their very own, hand-tailored casino games and applications.
With Ridotto Lab, they can create unique games on the protocol’s platform, which provides streamlined tools, SDKs, libraries, and the incorporation of additional layers such as Oracles to bootstrap community game making.
Ridotto’s intricate system of liquidity providing will empower investors and gambling enthusiasts alike to bankroll its ecosystem of games. Even cooler, Ridotto’s system of decentralized casino funding allows the community to provide liquidity in a manner that accounts for risk preference.
The RDT token will enable community members to suggest and vote on proposals that will radically impact the protocol in every way that it functions, from marketing to operations, to everything in between. Not only does this provide stakers with a way of exercising power through their investment, but by giving users the tools to determine how the platform is run, Ridotto offers a viable solution to gambling’s age-old nemesis: self-interest of the few.
Ridotto’s platform is a one-of-a-kind software that offers a vivid and exciting gambling experience. Its user-friendly design allows players to quickly access their favorite games, pools, and wallets – giving them complete control of all aspects of the gambling industry.
To ensure integrity of Ridotto games, updated and precise game metric data like winning rates, probabilities, and all other information that would normally be hidden by traditional casinos will be readily available. Because this data is officiated by the blockchain, which can not be tampered with due to its distribution, users can rest assured that the games that they play are both fair and safe.
Ridotto is intended to be a cross-chain protocol to reduce the expenses of smart contracts and transaction fees across the platform. The protocol’s distinct market advantage is in how it maximizes the utility of different blockchains to deliver the easiest and most cost-effective user experience.
NFTs will be fully incorporated into all areas of Ridotto’s play, build, and bankroll environment as a gambling platform. The utility concept will be the guiding premise of all their NFTs, providing distinct options to customers looking to maximize their profits.
Ridotto’s three categories of NFTs are as follows:
- Platform Benefits
- Game Specific
- Social and collaborative
In the time just after launch, Ridotto is already releasing its first set of Platform Benefit NFTs; they are a limited-edition collection that features a futuristic neon design and provides players with exclusive Ridotto gambling benefits. Aside from the beautiful artwork, each NFT card has a function that improves the digital experience for the community through immediate profitability.
IDO on Sep 27th & Uniswap Launch on Sep 28th
On September 27th, Ridotto, the world’s first cross-chain gambling and lottery protocol, will become live on CardStarter – although registration is already closed, Ridotto’s token will be live to the grand public on September 28th at *:05 am UTC on Uniswap.
Follow the official Twitter and Telegram to remain updated on the latest news as it becomes available.
CardStarter, Cardano’s flagship incubator, launchpad, and insurance program, chose Ridotto because of its potential to completely reinvent and flip the gambling sector through decentralization. Ridotto’s community may finance any games offered on the platform and become the House, as well as develop their own using a customizable, user-friendly SDK library, in addition to their elegant flagship casino.
Ridotto will be connected with selected media and marketing partners as a CardStarter Accelerator Project to guarantee maximum network exposure. CardStarter will also assist Ridotto in gaining access to communities inside the Cardano network, with the goal of forming additional collaborations in the future.
How to join Ridotto IDO
Ridotto registration requires a tier qualifying quantity of CARDS staked. KYC is also necessary. You should have completed and validated your KYC by the conclusion of the Ridotto registration window, which closes at 3 p.m. UTC on September 24th at the latest.
Then, go to pools.cardstarter.io and sign up. At 100% participation, your pool weight will range from 0.1x to 1.5x. You can choose up to a 1.5x pool weight with any number of CARDS in the Wild Card bracket, but the higher you push your pool weight, the lesser your chances of participation.
Finally, the Ridotto Event will begin at 3 p.m. UTC on Monday, September 27th, and will run for 24 hours, allowing you to finish your deal.
Uniswap Launch on Sep 28th
Ridotto will be listed on Uniswap by September 28th, following the IDO event on September 27th.
Uniswap is one of the most successful DeFi ventures that is not intended to generate revenue. It functions as an open-source technology that eliminates intermediaries and uses token pools to set pricing without collecting platform or listing costs.
Q4 2020: The Protocol
Define the gambling sector’s problems and opportunities
Build the market research plan
Benchmark the competitors’ solutions
Establish an advisory board
Q1 2021: Whitepaper
Design the protocol architecture
Prototype the solution
Propose the whitepaper
Q2 2021: Sales and Investor
Implement the vesting strategy framework
Promote team growth and strategic partners
Q3 2021: Early Adopters
Release the Ridotto Token “RDT”
Implement the vesting strategy
Launch the Ridotto IDO
Launch farming and staking pools
Release NFT cards multiplier
Develop games catalog scenario
Q4 2021: Ridotto Protocol
Apply for casino regulatory compliance
Release the no-loss game on Cardano
Develop cross-chain bridge
Add CEX exposure
Q1/Q2 2022: Partners Integration
Release & Audit the games
Integrate extra-layer partners (DEX, Oracle, Wallet, ….)
Q3 2022: The App
Launch Ridotto game incubator
Start the bug bounty program
Release the Ridotto beta app
Q4 2022: The Lab
Release the Ridotto App
Develop the Ridotto virtual casino
Release the beta lab
Add extra-chain (EVM compatible)
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