PART 1. Introduction of Spartan Casino project and community questions.
Hello, Satoshi clubbers and guests of this site. And so today’s AMA is about a project where the clink of coins, the noise of slot machines, and other signs of a casino are replaced by the same excitement, but in a cozy home environment.
Spartan decentralized casino in combination with the live dealer will position as the future of Ethereum gambling DApps.
The plan of AMA session:
- Part – Introduction and preselected questions.
- Part – Live questions
- The Quiz about Spartan Casino
The reward pool is 800$
Leading the AMA our clever and fun admins:
Mary | Satoshi Club – @madamlobster and D. | Satoshi Club – @Cool_as_Ice
The Representative of the project:
Wild Spartan_will_NEVER_DM_1ST – @Spartan_Wild – CMO of Spartan.casino
Kavita Pandey – @Kavi1235
Introduction of Spartan casino project.
Mary | satoshi club:
Hello, satoshi club! We are happy to announce our ama session with the Spartan.casino! Welcome to satoshi club😀
D| satoshi club:
Hello everyone 👋 @spartan_wild @kavi1235 welcome to satoshi club! Nice to see you here!
Wild spartan_will_never_dm_1st:
Haaaaay guys I hope everyone is safe and well?
Kavita pandey:
Hello everyone. Hope all of you are doing great.
Mary | satoshi club:
Of course 🎉🚀
D| satoshi club:
Yes! How are you?
Wild spartan_will_never_dm_1st:
Nice to be here thank you.
Kavita pandey:
Nice to meet you all
Mary | satoshi club:
So, let’s start 🚀
Wild spartan_will_never_dm_1st:
Great
Mary | satoshi club:
Could you please introduce yourself and spartan.casino to our community?😉
Wild spartan_will_never_dm_1st:
Sure so my name is Chris I am the CMO of spartan.casino… The spartan project is all about the online gambling industry that solves all the existing issues with its improved casino model. We will implement and run an Ethereum blockchain-based ecosystem with its own set of smart contracts and custom live dealer games to meet online gambling requirements.
Ether based contracts are more efficient and globally acceptable.
The ultimate goal of spartan.casino is to remove the risks inherent in the current system by making it decentralized, transparent, and trustworthy.
Mary | Satoshi Club:
Are you for a long time gambling industry?
Kavita pandey:
We have experience in the industry through our founding members who have experience in building casino frameworks and working in association with partners for integration of the best technology
Wild spartan_will_never_dm_1st:
Personally, I have been involved with some very large brands related to the advertising and casino niche markets so I do have some very solid exposure to those fields And with the covid crisis has really exposed the vulnerabilities of land-based casinos and really shined a light on the possibility of this new and exciting emerging market that blockchain casinos can bring so this could be the moment when the stars align hehe
Mary | satoshi club:
Oh, yes, the COVID crisis brought a lot of opportunities for online projects 👍
D| satoshi club:
What is wrong with the existing casino model? 😁
Wild spartan_will_never_dm_1st:
Well currently you attend a casino and you either win or lose with spartan.casino we pride ourselves on a shared model for all … Weather you’re watching ads or participating in the casino it’s self you will experience a casino like no other.
D| satoshi club:
Sounds good 👍
Wild spartan_will_never_dm_1st:
Thank you.
Kavita pandey:
Hi, and I am Kavita our the coo of spartan with 30 years of experience in financial management and operations with multinational companies including blockchain technologies and am responsible for building the operations and finances of spartan. We have an excellent team in addition, to the legal, marketing, design, and support side working round the clock to stream information and supporting the platform and social media channels at spartan.
Mary | satoshi club:
Great experience 👍 How old is your project?
Kavita pandey:
Our project was conceived in 2019 and ever since we have been building on the framework
Mary | satoshi club:
So, you have everything to build a great product 👍
Wild spartan_will_never_dm_1st:
Yes, we really want to make sure the casino is a casino not just delivered on the plates of our users but we wanted to take the position that the casino must be built around the community for the community so we are at the nascent stages and once we have our presale we will start the fun stuff which will be sharing our concepts with the community and getting some voting going on all aspects so it’s very much community-driven.
Mary | satoshi club:
We have questions from our community about spartan.casino🚀🎉 Ready for them?
Wild spartan_will_never_dm_1st:
Yes please go ahead.
D| satoshi club:
Thank you for the great intro!
Mary | satoshi club:
Awesome 👍
Preselected questions about the Spartan casino project.
D| satoshi club:
Q1 from telegram username @bunnydisplay
In your roadmap, you state that live sports betting will be available starting from June 2021. Can you confirm that this feature is still on track and the global pandemic didn’t affect this schedule, as it affected all the sports?
Wild spartan_will_never_dm_1st:
Yes, we are still on course with our sportsbooks. You see most of the people across the world lost the ability to attend the sports in person however they are very much available on live stream and that is how we are still able to facilitate our sportsbook to our community so yes that is still very much on course.
Mary | satoshi club:
Yes, sports industry suffered.
D| satoshi club:
What sorts of games will be available in your casino? Will there be slot machines, roulettes, card games..anything else?
D| satoshi club:
Betting will be available as well, as we know now 😄
Wild spartan_will_never_dm_1st:
Yes, we will be providing some of the classics along with some very cool inhouse additions but we will have plenty to enjoy and + the live dealer experience and as stated before live sports that you can enjoy too we are in talks with some of the biggest 3rd party suppliers in the industry all who want a piece of the blockchain pie so this will allow us to service all the great games and concepts we want to include but remember it will be the community that really drives home what they want and then we will endeavor to deliver upon those requirements.
D| satoshi club:
Cool 👍 yeah community is one of the important keys to the success of any project
Wild spartan_will_never_dm_1st:
Its the pillar of success 😀
D| satoshi club:
Indeed!
Mary | satoshi club:
Thank you for the great answers! Do you want to add something or we can proceed?😀
Wild spartan_will_never_dm_1st:
No, you can proceed 😉
D| satoshi club:
Q2 from telegram username @olivegreece
The gambling industry has a good return on investment for the owners but it’s a legislating nightmare. What’s your approach towards this, most countries require KYC and a lot of other additional checks from gambling platforms?
Mary | satoshi club:
👀
Wild spartan_will_never_dm_1st:
Another great question. Now we have a very unique position and that is usually casinos are red tapped to the hills and the entire process can take years to get into space however we have done extensive research and thrown our legal team knee-deep in all the regulations that can follow so that is why we have the opportunity to incorporate in such a way that we can service both the KYC and non-kyc markets while maintaining the highest level of legal decorum, for example, we will have players who want to come and play and stick to just the Ethereum model and stay within the remit of the blockchain which will mean they are free to play however the legal framework will not permit them to use our casino from a fiat perspective. However, all users who chose to use the full KYC model will have the ability to onboard and use our internal and external 3rd party casino partners who would not usually be permitted due to regulatory oversight so you see we don’t need to stick with a regulated model we choose to so that all initial investors and gamers don’t need to worry if the regulators suddenly spring it on the blockchain industry that you must we would already have that in place and nothing would be disrupted. We wanted all that done upfront first so that part is taken care of.
D| satoshi club:
Great system model!
By the way, can you block somehow players in your casino? If you suspect that someone cheating or use multiple accounts? I know it’s possible in traditional casinos, but what about blockchain casinos 😊
Wild spartan_will_never_dm_1st:
Yes we have been looking into that and we are nearing that solution so let’s say at the moment in theory, yes but we can confirm that once the platform is fully up and running … We expect bad actors they are everywhere so that is something we can’t stop but we can see what habitual they showcase on the platform that will help weed out a lot of them.
Wild spartan_will_never_dm_1st:
Thank you we really did see that as an oncoming threat so we chose to approach it head-on so no one gets any surprises along the way.
Mary | satoshi club:
For which levels do you use KYC?
Wild spartan_will_never_dm_1st:
Sorry, can you elaborate?
Mary | satoshi club:
You told me that you can service both KYC and non-kyc markets, I mean which markets😀 , And, btw, which countries did you restrict from participation in $war pre-sale?😀
Kavita pandey:
The War token is available on the LID platform where the executive team has been stringently KYCD. The beauty of the lid protocol is that the KYC does not apply to investors so anyone can apply for the token😀
Mary | satoshi club:
Oh, that’s great 👍 btw, can you share pre-sale details with us?😀
Kavita pandey:
Yes of course.
Https://sale.lid.sh/spartan
Please refer to this link for the presale details
Mary | satoshi club:
Great👍 now we have all details 🎉
Wild spartan_will_never_dm_1st:
Perfect.
D| satoshi club:
We had ama with the LID team, great guys!
Wild spartan_will_never_dm_1st:
Yes, a very strict protocol that is what we liked they are very particular and that shows us that they also have a very high thresh hold to entry to be on their platform too.
Ooh yes so this was not our intention however covid has provided us with this opportunity we are looking to market to non-crypto markets and bring them over to the spartan casino this will be an education and once they see that we are a share model casino then the mundane win loose model will be more exciting to them. We did a short survey many years ago at betting shops and we asked them how many of you would play games that if you didn’t win now you could win later and explained the model and a staggering 87% said they would change their provider based on that fact so that shows the market is ready for something new we plan on being that something new.
Kavita pandey:
On the regulation part, I would like to add a little more to the answer offered very meticulously by my colleague. As of now, there is no regulation applicable to online blockchain casinos in most countries barring a few. You can refer to the pitch deck for the list of countries that are not eligible.
Wild spartan_will_never_dm_1st:
Www.spartan.casino yes that is correct
Mary | satoshi club:
Thanks, guys, for your answers 👍 ready for the next question?
Wild spartan_will_never_dm_1st:
Yeah fire away
D| satoshi club:
Q3 from telegram username @dustyllanos
Lots of blockchain casinos build on EOS has either died or not continued by devs due to high CPU fees.
So, how will spartan solve this, where in fact, you are building on Etherium, which is known to be a slow and congested network with high fees?
Wild spartan_will_never_dm_1st:
Great q. So we know that the lull in speed on Ethereum is in the short term the 2.0 is around the corner which will slash those network fees so for now like everyone we are weathering the storm however we will be perhaps looking at a cross-chain model which will allow us to leverage the speed of other layers and still enjoy the benefits of the eth community because let’s face it the dev’s are all on ETH and most of them are just so ready to build new and exciting things on top and make the community as robust as they can. We looked at the other chains before deciding on eth but the developers are just not building as they do on Ethereum in our findings.
Mary | satoshi club:
Which cross-chain models do you like?
Wild spartan_will_never_dm_1st:
Quite like Polkadot, I feel that is going places and has room to grow and also no casinos on Polkadot as of yet so huuumm the possibility sounds tasty HeHe.
Mary | satoshi club:
Yes, mostly DeFi 😂 , And yes, they are cool😉 a lot of projects choose them
D| satoshi club:
So at the launch of the casino, I can able do deposits only with Ethereum?
Wild spartan_will_never_dm_1st:
Haa but that is one application that has been explored to great success let’s see what we do next hehe 😉
We are on Ethereum at this time we didn’t want to be on all chains that are creating a lot of unrequired work for example EOS great in 2017 for the casino market now silent we can’t afford to be stuck we need to press on and keep making progress and building that is the way our model makes waves and creates a household brand in the blockchain space.
D| satoshi club:
Gotcha 👍Thank you! Ready for the next question?
Wild spartan_will_never_dm_1st:
Yes please go ahead.
D| satoshi club:
Q4 from telegram username @jesusfre1tes
Reading about Spartan casino, I found that war token rewards will be distributed by playing certain games within the platform. What will be the main games that users will be able to monetize their skills within Spartan casino? What will be the percentage of rewards they will get through these games?
Wild spartan_will_never_dm_1st:
So, the war token is an exciting token in that all holders will receive a slice of the advertising revenue we receive for example …. Let’s say that you are watching mike Tyson and some other boxer … Now in those days and even to this day we have pay per view… Where you have to pay to watch the sport… Well, we are introducing the pay per view model. This means that the advertisers will get slots on those sporting events and pay the spartan casino for the opportunity to get in front of our audience which will, in turn, allow all holders of the $war token to receive the spend we charge the advertisers which will be shared at the end of the month in the form of USDT and that is auto-sent to your staked wallet on the casino so it’s automatic all you need to do is hold WAR.
As for games, there will be plenty of interactive games we engage the iron token which is the gaming token but the idea is to hold both that is where the magic happens you unlock staking rewards with iron and advertising bonus’s with war token holders and so you can see why holding both really gives you an excellent rev-share model.
Mary | satoshi club:
Do you already have advertisers?
Wild spartan_will_never_dm_1st:
We have advertising partners already lined up and ready to make progress.
Mary | satoshi club:
Thanks, guys, for these detailed answers!
Wild spartan_will_never_dm_1st:
The market share will only get bigger with bitcoin and Ethereum going mainstream so the revenue potential from advertisers is very healthy indeed.
Mary | satoshi club:
Ready for the next question?
Wild spartan_will_never_dm_1st:
Yes please go ahead.
D| satoshi club:
Q5 from telegram username @edibrown
What does “provably fair” mean? Can you tell us specifically, because everyone says their product is the best, but it would help to see some numbers?
Wild spartan_will_never_dm_1st:
Sure ….. I understand how you feel @edibrown and a lot of people felt the same way with that statement but they have found with our platform yet to be developed we can review in great detail all the competitors and see how we can really make this a clear experience for our community and the way we do that is also adding that additional layer of protection from a licensed point of view. All bets are on the blockchain and so there can be no denying a hand and no way for anyone to track the chain without having to roll it back which is near impossible without forking so that also will be out of the question. All we can state at this stage is follow along watch what we do not what we say this is the true test of seeing what is provably fair and what is not.
Mary | satoshi club:
Will your platform be audited?
Wild spartan_will_never_dm_1st:
Yes indeed the tokens are audited and we will have 2x types of audits we will have a blockchain auditing firm and also we will have an auditing firm from the gaming community so that we can safely say we have maintained the highest level of QC and security in the industry.
Mary | satoshi club:
All reports will be public, right?
Wild spartan_will_never_dm_1st:
Yes, 100%. Filing those away makes no sense without community oversight.
Mary | satoshi club:
That’s true 😂
Great! Thanks! Ready for the 6th and last question from this part?
Wild spartan_will_never_dm_1st:
Yes sure.
D| satoshi club:
The last question from the first part! 🚀
Q6 from telegram username @cattlewhat
In your roadmap, the distance between phase 1 and phase 2 of the IEO is approx. 3 months. Also, the listing on Uniswap is scheduled for the march as well. How did phase 1 of the IEO take place, and explain as well the offering model please because it’s a little bit more unusual than for other projects there?
Wild spartan_will_never_dm_1st:
Great Q. So creating and rolling out a casino is as much about brand awareness as it is about the games you provide, so we wanted to make sure we have as much time to breathe and deliver upon our strategic partnerships as we do with the IEO. We actually realized something that was very fundamental to the crypto space. With all the IEO’s we never had any way to allow non-kyc participants the chance to be a part of this wonderful raise so we decided instead of rolling all the features into 1 token the iron we should create and reward our non-kyc market with the chance to also be a part of the raise, and WAR was born. So, in short, we still have our IEO’s open with CHAINX the Korean exchange, and Latoken the global exchange but we wanted to make sure non-kyc investors had the chance to be a part of this great casino too.
Mary | satoshi club:
Ha, yes, this time everyone has a chance👍
Wild spartan_will_never_dm_1st:
Yes, exactly we want to be inclusive to everyone’s privacy apatite.
Mary | satoshi club:
Btw, I like your roadmap design very much😉
Wild spartan_will_never_dm_1st:
Haaa great thank you.
D| satoshi club:
So many big events in the future 🥳
Wild spartan_will_never_dm_1st:
Yeah really exciting stuff ahead
Mary | satoshi club:
And I feel that now is time to open the live part😉 everyone ready?
Mary | satoshi club:
Oh, I see😂
Mary | satoshi club:
Let’s go 🚀
PART 2.Questions about the Spartan casino project from the live chat of the telegram community.
In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the Spartan casino crypto project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.
Q – 1 from a telegram user @AmitGoyal1444
Every user is so possessive about security concerns So tell me what things do you have adopted for better, safe, and evident security?
Wild Spartan_will_NEVER_DM_1ST:
we will have the highest level of security in the current gaming industry as well as the blockchain oversight so we will be using them as a blend so we can find the safest models possible.
Q – 2 from a telegram user @natarajmarblebackup2
We all know that security is really important and valued by users these days. What security measures does Spartan Casino take for its investors? How do you prefer to protect against hacking and do you have insurance for investors?
Kavita Pandey:
With the rise of cryptocurrency and various ecosystems such as the Blockchain Casino industries come security risks and potential bad actors to enter the space and we totally understand that and we understand how everyone must feel I am sure a lot of people have felt the same way but they have found that with our strong team expertise and intention to serve our community for many years to come we plan on making sure security is at the forefront of our platform and we also will be looking into a SAFU option as to mitigate any hardcore breaches in our security protocol while maintaining a very high level of service and professionalism.
Firstly, the token contract has already been audited by a very reputed third-party auditor which has met the stringent criteria applied by LID Secondly, the token contract does not have any public methods that can affect its security. Thirdly private key from the governance address has never been shared as well.
For insurance for investors and users, we will be using third-party services that can manage user wallets under our hold, like Bigo. This is when the Platform gets active and the users will start the play
Q – 3 from a telegram user @lchongthu
Will the Spartan Casino be available worldwide?
Kavita Pandey:
Yes it will be barring the few jurisdictions which exclusively forbid online games
Q – 4 from a telegram user @stargateeatlantis
Can you explain how is it possible to mint Spartan Casino token in which ways can we mint it?
Wild Spartan_will_NEVER_DM_1ST:
Minting is not possible with our tokens we have staking rewards in which our IRON token can be done but the WAR Token has a 100M max supply with no mint features possible
Q – 5 from a telegram user @tuvalunia
Why does your system need to be decentralized?
Wild Spartan_will_NEVER_DM_1ST:
It will be a blend of both we will be regulated and also participate on the Eth chain and so Decentralised is a must for non KYC users
Q – 6 from a telegram user @astraaldesign
The sports betting service is quite interesting considering that many of us access external non-blockchain platforms to place sports bets. What sports can be accessed from Spartan.Casino?
Kavita Pandey:
We are heading for exclusive tie-ups with some of the most premium brands in the Industry. Be on a look out for our announcements on that front soon
Q – 7 from a telegram user @spongeboblu
Did the presale of the Spartan Casino token is over or will there be another pre-sale?
Wild Spartan_will_NEVER_DM_1ST:
We HOPE to sell out as this is a very unique proposition and so it will be a very unique market offering so hope to see you on the inside.
Q – 8 from a telegram user @Beterror203
Hello, @Spartan_Wild Casinos have bonuses when making deposits to motivate and attract attention, they will also have it, what bonus or incentive does Spartan Casino offer to new users?
Wild Spartan_will_NEVER_DM_1ST:
New users will have join bonuses too but that will rotate often to make it fair to all players.
Q – 9 from a telegram user @curiosoAMA
How large is the repertoire of games you have available on Spartan at this moment?
Wild Spartan_will_NEVER_DM_1ST:
We are in talks with some very large brands so we are intended to surprise the market and be one of the leading casinos in the space for many years to come.
GOOD LUCK TO ALL OF YOU!!!
Q -10 from a telegram user @Sanda15
Once the soft cap reach and the hardcap couldn’t, will the listing still proceed?
Kavita Pandey:
Yes absolutely. We have 24 hours to hit the soft cap as the presale starts. So yes the announcement will be made in 24 hours.
Part 3 – Quiz about project
In the final part, we tested the knowledge in terms of the Spartan casino project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 600$ was distributed between the winners.
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