CardStarter to Host Ridotto IDO
CardStarter is thrilled to announce that Ridotto, the world’s first cross-chain gambling and lottery protocol, is launching on CardStarter!
Ridotto’s registration begins on Monday, September 20th @ 8AM PST/3PM UTC and will close Thursday, September 24th @ 8AM PST/3PM UTC. Seven days later, Ridotto’s IDO will officially commence on Monday, September 27th @ 8AM PST/3PM UTC.
CardStarter, Cardano’s premier incubator, launchpad and insurance program selected Ridotto because of its promise to totally revolutionize the gambling industry, and flip it on its head through decentralization. Beyond their sleek flagship casino, Ridotto allows the community to bankroll all games available on the platform and become the House, and even build their own through a customizable, user-friendly SDK library.
In stark contrast to traditional casinos — made to benefit centralized ownership — Ridotto plans to use blockchain to create a casino ecosystem that is transparent, secure, and above all designed to benefit its users. As a DAO run by gamblers, liquidity providers, and game builders, power will be balanced to benefit the many over the few, elevating the community to the position of “The House.”
A Real Web3 Casino
Ridotto will utilize decentralization to bring the user much-needed peace of mind. Through Charli3’s verified randomness and openly available game metric data, the community will have complete assurance that the odds are not, in fact, stacked against them.
Ridotto’s backend algorithm will be public for all games the community knows and loves, including Blackjack, Poker, Slots, Roulette, Craps, Baccarat, Bingo, and all manner of different lotteries, not to mention the many new games to come from Ridotto Build and its game incubator.
Ridotto fully embraces blockchain at all levels of its protocol, and will integrate both competitive NFT & DeFi based games to reimagine the standard of a crypto gambling platform. The goal is to push the envelope and deliver a more authentic gambling experience, one that embraces innovation both technological and philosophical.
Ridotto’s Minimum Viable Product
While Ridotto’s ambitious roadmap reaches all the way towards the end of 2022, Ridotto will release its minimum viable product as early as Q4 2021/ Q1 2022; through it, Ridotto’s partnered projects, and their communities will be able to bankroll their very own Ridotto built slot machine and also participate in lotteries dedicated to their projects.
This initial rollout will give the Ridotto platform the opportunity to be stress tested with a restricted and simplified product offering before more robust features are offered. In a nutshell, this captures the merit of an MVP, a method of rolling out community involvement without overstepping developmental capabilities.
Early token holders will be given extra rewards and incentives as the platform develops and grows. As a community powered casino, the team believes in sharing Ridotto’s success with the people who support it; this is a philosophy RDT demonstrated in it’s community driven private sale, and will continue to do at every step of it’s evolution.
Ridotto X CardStarter
“The CardStarter team is honored to facilitate the IDO of such a paradigm-shifting project. Ridotto will not only bring transparency to the online gambling industry, but will also transform it through actual decentralization. We believe that Ridotto will become the model that future blockchain casino projects will want to emulate, and may ultimately go on to change traditional gambling as a whole. We look forward to Ridotto’s long term success and are grateful in having the opportunity to facilitate their launch,” said Aatash Amir, CEO of CardStarter.
Ridotto is the very first cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Built on Cardano, our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity. Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.
Beyond our vibrant flagship casino, we will unleash retail ingenuity by giving users the decentralized infrastructure to experiment and evolve the gambling ecosystem, much like the App Store did for mobile gaming.
CardStarter is the first incubator, launchpad and insurance program for projects on the Cardano network. The CARDS platform is a unique and dynamic launchpad, connecting projects to early supporters and a network of key partners. The Cards Accelerator Program (CAP) team works with each project individually to establish the right connections and map marketing strategies, establishing the foundation for long term success.
CardStarter is also differentiated by its charge to protect its supporters. CARDS provides unbiased third-party audits of every project’s code and protects IDO participants with an in-house insurance program. CardStarter is proudly partnered with X21 Digital, BlockSync Ventures, Genesis Shards, Plethori, Fractal, PARSIQ, Scryptic Tech and Longtail Financial. Once fully built, CardStarter will be an all-inclusive platform with a decentralized exchange to complement the current offerings. CardStarter also aims to be a nurturing force in the Cardano ecosystem, with hackathons and project development support being a major focus of the roadmap.