Fairgrounds is a decentralized application built on the Ethereum blockchain app platform

Fairgrounds is a decentralized ecosystem of provably fair chance based games built on the Ethereum blockchain. The site will offer a variety of games that give players an opportunity to bet and win Ether (ETH).

Token sale ends on
April 11th, 2018

ECOSYSTEM OVERVIEW

Fairgrounds is a decentralized ecosystem of provably fair chance based games built on the Ethereum blockchain. The site will offer a variety of games that give players an opportunity to bet and win Ether (ETH). Players are rewarded for participating via the Fairgrounds Rewards Token (FGR), which in turn provides incentive to continue playing on the system. Players have an opportunity to refer their friends, providing both the referrer and the one referred with bonus FGR tokens. Finally, the system will offer profit sharing via the Fairgrounds Token (FGD).

Fairgrounds (FGD) Token Sale

Total Supply : 100 Million Tokens
Token Sale : 50%
1 ETH = 10000 FGD*
2 months

The exchange rate wil decrease on a weekly basis by 1000 FGD. E.g. Week 1 = 1:10000, Week 2 = 1:9000, Week 3 = 1:8000 etc. Any unsold tokens at the end of the token sale will be burned, reducing the total supply of tokens.

25% Rewards

In order to encourage players on the platform, Fairgrounds Tokens (FGD) will be distributed in addition to the normal Fairgrounds Rewards Token (FGR). 25 million FGR tokens will be available as bonus rewards.
25% Cold storage

To support operational expenses and fund future development, these tokens will be kept in cold storage will belong to the Fairgrounds team.

USE OF FUNDS

40%
BANKROLL

With an appropriate bankroll, it will be possible to some types of chance -based games (E.g. a jackpot lottery) that would otherwise be impossible to add. Expanding on the types of games will bring a broader audience and greater value to the ecosystem.

35%
DEVELOPMENT

These funds will cover the development costs of additional chance-based games as defined in the roadmap.

15%
OPERATIONS

These funds will be used to cover expenses associated with infrastructure, support, accounting, business development, and other administrative overhead.

10%
USER GROWTH AND MARKETING

Fairgrounds will use these funds to cover expenses associated with marketing and promotion of the entire Fairgrounds ecosystem.

Development roadmap

Official Website :
https://fairgrounds.bet/

White Paper :
https://fairgrounds.bet/files/fairgrounds_whitepaper_0.9.5.pdf

Social Media Links :

Twitter : http://twitter.com/FairgroundsDapp

Bitcointalk Thread :
https://bitcointalk.org/index.php?topic=2946297.0