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Deepit & Edgeless: transparency and innovation in the challenging field of online gambling

20 June 2018

The young, visionary team behind Edgeless has managed to see in the qualities of the Ethereum blockchain an excellent tool for solving some of the well-known issues in the world of online gambling.

Virtualizing what would "natively" be a game based on the use of cards, dice, and roulette, made the challenge of maintaining trust toward the dealer a very complex one.
The protocol implemented by Edgeless makes the whole process as transparent as possible, therefore increasing the players' confidence in the number generation system linked to the games themselves.
If a casino normally foresees that the elaboration of the algorithms will favour the dealer with a small percentage of probability (the so-called "house edge"), Edgeless has reduced this margin to zero, basing its profitability exclusively on the inevitable mistakes made by the players and on the favourable statistics linked to their time at the table.
Less than a year after its inception, the Edgeless team first managed to obtain a casino license, which allowed for it to operate legally in all countries that allow online gaming, but above all to meet the deadlines set in their whitepaper for the platform to become operational.
After following the project from the beginning, thanks to the collaboration of some of the company's partners, DEEPIT was tasked with following onboarding and strategic marketing to promote the attributes of Edgeless - in Italy and beyond...

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