The Edgeless coin is an utility token used for playing the Edgeless casino games. It is an Ethereum based token and follows the ERC20 protocol. The token guarantees absolute transparency while playing casino games, and is essentially Ethereum’s smart contract based next generational casino.
The development team of Edgeless is the right mixture of gamblers, developers and experts in smart contracts. This is one of the reasons why Edgeless is becoming such a huge success! The main members of this project are-
He is a professional gambler and poker player. He is one of the co-founders in the project.
Another co-founder, he looks after the business and operations of Edgeless project.
He is the developer of blockchain based systems and works as a co-founder for Edgeless.
Edgeless is a one of a kind project which solves two problems that online casinos regularly face - house edge and lack of transparency. House edge is the term used for describing the mathematical advantage the game gets over you with time - with things like fees and other charges that online . Transparency of course, refers to the general lack of trust users have in casinos owing to their opaque functioning.
To overcome these two problems, Edgeless presents a new business model to implement online casinos:
Bankroll staking a feature designed to make sure that there is enough liquidity for playing the casino. In order to pay, you need to deposit EDG tokens in smart contracts. These are then used for funding the casino operations. This feature is currently under testing phase.
Edgeless os available for trading only on few cryptocurrency exchanges which are listed below:
EDGE is available for purchase against other cryptocurrencies like Bitcoin, Ethereum, USD and Waves. The procedure for buying or selling an EDG token is very simple! If you want to sell or buy EDG tokens at the best price, visit CoinSwitch, the largest cryptocurrency conversion platform. CoinSwitch provides users with a real time comparison of the token prices at multiple cryptocurrency exchanges. You can then compare and take the best one!
EDG is a ERC20 token. So, an ideal way to store your Edgeless cryptocurrency is an Ethereum based wallet, since that’ll function as an Edgeless wallet too. Following are some other options to store your EDG coin securely.
With the market capitalization of approximately $31 million USD, the Edgeless coin ranks 211 in the cryptocurrency rankings as of June 2018. Though it is not in the top 100 cryptocurrencies as of now, it remains an interesting project. By the end of ICO of Edgeless, it had raised around $2.5 million USD. With a total supply of 132,046,997 EDG tokens, 87,587,036 EDG tokens are currently in circulation.
Also Read: Complete Analysis of Edgeless | Live Edgeless (EDG) Price Charts And Predictions
In March 2017, the ICO for the EDG coin took place, with a rate of 1000 EDG tokens being sold for 1 ETH. Currently, it is priced at $0.36 USD.
Date |
Open* |
High |
Low |
Close** |
Volume |
Market Cap |
Jun 01, 2018 |
0.543668 |
0.550663 |
0.527431 |
0.533443 |
776,561 |
47,618,200 |
May 01, 2018 |
0.686415 |
0.687755 |
0.634688 |
0.686590 |
2,543,690 |
56,317,800 |
Apr 01, 2018 |
0.505570 |
0.512324 |
0.441253 |
0.481143 |
934,697 |
41,480,200 |
Mar 01, 2018 |
0.871821 |
0.949717 |
0.851598 |
0.926864 |
927,055 |
71,529,600 |
Feb 01, 2018 |
1.11 |
1.17 |
0.900657 |
0.939059 |
3,315,670 |
91,368,100 |
Jan 01, 2018 |
2.24 |
2.46 |
2.11 |
2.31 |
10,031,000 |
183,686,000 |
Dec 01, 2017 |
0.727425 |
0.876899 |
0.693889 |
0.876899 |
1,794,970 |
59,682,600 |
With Edgeless, users will have access to an online gambling market which is completely transparent and fairer to them than the opaque systems they’ve been dealing with so far. It’s the coin for the casino economy and isn’t really competing with any of the other coins focusing on the exchange of monetary value.
Edgeless is a unique cryptocurrency with secure partnerships with all popular exchanges. You will be able to buy and sell EDG tokens with utmost safety.
Edgeless is focused on bringing a major change to the gambling industry. With a successful ICO that raised around $2.5 million, EDG tokens have decent potential and seem to be attractive to investors
EDG is bringing transparency to the casino game as well, which has traditionally been a major problem in online casinos. Also, one of its use cases-bankroll staking is still under development. Once it is developed, expect it to add to Edgeless’ popularity and success. New technologies like cryptocurrencies have always been revolutionary and so is the case with Edgeless.