AceD Whitepaper

EtherAce is a decentralized assets speculation and betting platform based on smart contracts,
state channels and blockchain technology. We provide different market instruments that all types
of users, from traders to gamblers, can benefit from. The EtherAce platform is built as a layer on
top of Ethereum, which enables all bets to be placed and all value to be stored on a secure
decentralized transaction ledger. This allows for a level of enhanced transparency, security,
lower fees, and no intermediaries required that traditional online betting and speculation
platforms cannot match. All the platform logic is handled by autonomous, open-source smart
contracts, creating a trustless environment with no governing body. There are three high-level
parts to the EtherAce platform; you can bet on the odds, your skill, or us. When betting on the
odds, user’s will bet on something where the result is derived from a random generator. Users
can also bet on their skill in our peer-to-peer derivatives market. Anyone can choose to bet on
EtherAce by holding ACED (ACE Dividends) tokens. EtherAce provides a trustless tool for all
speculators and gamblers of the cryptocurrency sector which is a highly speculative
environment, to use to speculate or gamble on blockchain and traditional assets for profit.
EtherAce uses state channels to allow for off-chain actions to reduce transaction time and fees,
improving and allowing greater UX while still leveraging blockchain functionality. With low latency
products, massive market potential, and unique user-interfaces built for web3.0, the EtherAce
platform is poised to disrupt the cryptocurrency world as an instrument that anyone will have an
incentive to use. The world financial markets are transcending, enabled by the creation of the
blockchain. For now, our platform is extremely useful to anyone in the cryptocurrency sector,
which is segregated from the overall financial sector. As the world markets shift, our platform
will become valuable to anyone in the financial sector because we offer greater qualities.

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AceD Whitepaper

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