We are developing an open-source, public, blockchain-based platform: EdgeFund. With the EdgeFund platform, we aim to use the Ethereum network to bring a paradigm shift to fixed price betting games.
A Shared Bankroll
We will create a shared bankroll, and allow licensed game operators to build games on our platform and offer very large payouts using the shared bankroll.
Guaranteed Profit for Game Operators - Every Bet
We will make it possible for game operators to provide fixed odds games at zero financial risk to themselves. There will be a guaranteed profit for the game operators for every bet that they take.
Mathematically Lowest Possible Edge
We will do the above by buying the risk from the game operators at the mathematically provable lowest possible cost that protects the EdgeFund centralized bankroll. This ensures that EdgeFund cannot be beaten by a competing smart contract, and cannot be bankrupted itself by game operators.
Provably Fair, Open Source Code
Every transaction will be executed by open source code on the public Ethereum blockchain, making EdgeFund platform provably fair for all parties interacting with it.
For more details, read the White Paper.