ERISTICA: The revolutionary P2P platform that promotes participation in online challenges and contests.

Eristica is an innovative P2P platform that promotes challenges and participation in online games. This project started in 2015 and already has more than 1.2 million users.

The platform allows each participant to initiate a challenge, accept, provide video footage of the challenge, and gain a rating based on the results.

Users of Eristica can also generate viral content by challenging videos to win millions of viewers on YouTube and victors becoming stars. The system of rating, reputation and ranking creates strong incentives for active participation. Competitive incentives are top places of reputation and will fight for fame and prizes.

With the help of block chain technology, the Eristica project is trying to overcome obstacles the industry faces and to build a single ecosystem for both offline and online competitions.

Motivation

From times immemorial, people had been making bets. One of the earliest bets known to the mankind is the only that Cleopatra and Mark Antony made. In this story, the queen wager that she may want to drink wine that cost 10 million sesterces in a single meal. So, she dissolved 10 million sesterces well worth of pearls into a pitcher of wine and drank it in a gulp! Legend has it that this how Cleopatra won the guess.

The term eristica is derived from the Greek eristikē technē, which interprets to, “the artwork of prevailing disputes”. It is known that historical Greeks had a very keen eye for bets. As a count number of fact, the complete Greek mythology is steeped in the concept of a competition among gods and those for an excellent cause.

This is how George Lucas misplaced the wager

With the appearance of the MTV technology and shows which includes “I wager You Will”1 and “Jackass”2, the enterprise of bets changed into converted. Bets have been replaced by means of private and institution demanding situations that have become very famous amongst younger people. “Jackass” for instance became rated 68th at the pinnacle shows of past 25 years3.

Then there has been the emergence of YouTube that set a brand new level within the development of demanding situations. Everyone ought to now turn out to be well-known — with the aid of simply appearing a loopy task, file the whole lot on a cellphone and placed the video at the Web. Videos with new challenges get millions of views and likes, making their authors YouTube stars and motivating new players to undertaking the winners.

The project idea

Eristica is a progressive P2P-platform that drives participation in demanding situations and on-line competitions. The mission became released in 2015 and has already were given extra than 1.2 million users.

The platform permits each participant to release and receive demanding situations, offer video photos of challenges finished and get scores primarily based at the results.

Eristica users also are allowed to generate viral content material with the videos of challenges getting hundreds of thousands of views on YouTube, and the winners turning into stars. The machine of score, popularity and ranking creates a effective incentive for energetic participation. Competitive incentive makes players combat for pinnacle places in the score, within the quest for reputation and prizes.

With the assist of blockchain era, the Eristica task intends to conquer the obstacles confronted by the enterprise and create a single environment for both offline and on-line competitions.

Tokenization of the platform’s economic system will offer the opportunity to get a reward for prevailing challenges, acquire virtual reward from successful predictions and purchase get entry to to all offerings of the platform.

Eristica is a generic platform, wherein every member of the network blessings from the synergy created in the ecosystem.

What we strive to accomplish

• An ecosystem where users challenge each other transparently through smart
   contracts.
• Decentralised oracle system where anyone can bet and challenge participants with
   an aim of winning tokens for every successful prediction.
   -A platform with integrated third party services and products based on the
   blockchain technology.
• Online challenges for e-sport competitions for games built on Unity and Unreal
• Engines with help of the Eristica Game API.
• User friendly in-app interface for purchase and sale of tokens at current market
   price without dealing directly with exchanges.
• New types of challenges: one-vs-many and many-vs-many.
   Eristica key feature is the ability to challenge any person in the world to do anything using cryptocurrency. The benefit of this technology is blockchain — it prevents users from fraud and disputable situations. In case of fake video or an opportunistic opponent, community becomes the legitimate judgement system which 100% decentralized. Eristica is 2G optimised, it means small app size, small data usage and optimised for emerging market phones (<7Mb app size).

Eristica network token(ERT)

The Eristica Token (ticker: ERT) is a vital part of the Eristica network. The ERT will enable
 users to participate in bets even with celebrities, get rewards for winning challenges, make
 money off successful predictions and buy access to platform’s services.
 The ERT also operates in decentralized governance which makes it possible for users to have an
 influence on solving disputable situations when voting for winners in a challenge.

ICO.

Start time: December 7,
 2017 End time: December 29, 2017
 Period: 22 days or shortly after reaching the hard cap.
 Hard cap: $ 10 million
 Base price of token: 1 ERT = 0.02 USD

1) Unification. Users of Eristica will be able to create completely different types of tasks, including competitions in online games, offline bets, as well as mass competitions, which is a unique advantage of the project. Another great feature of the platform is the freedom provided to users when it comes to choosing the number of participants and participants. There can be competitions “one-against-one”, “one-against-many” and “mass”.

2) Benefits. Financial indicators and fees in the industry of rates and calls are uneven, and sometimes the discrepancy can be exorbitant. Bets usually apply to bookmakers or intermediary firms, which means that fees can increase to 20%. For example, platforms with problems among young people charge a fee of 10%, while online tournaments and eSports competitions charge 5–10%. Nevertheless, Eristica sets a single rate for all types of bets, calls and competitions, which is 3%. This will inevitably become the standard in the industry and will create a flow of customers from more expensive platforms.

3) Synergy. Eristica will also create a platform where different types of people can interact with each other, thus creating synergy in this process. A young man who, perhaps never before, was engaged in crypto currency, will have an opportunity to try products and services in the crypto industry. This will create a new influx of users and accelerate the process of introducing crypto currency into the masses.

4) Community. Demographics of a young audience is one of the attractive aspects of the Eristica project. About 64% of 1.2 million users are young people aged 13 to 24 years. Active users register in the application on average 4 times. What is surprising is that the average session time is 13 minutes, which is quite high in the industry.

Why is it profitable to shop for ERT tokens at some point of the ICO

During the ICO, tokens are offered at a reduced charge. It is expected that when they appear on a cryptocurrency alternate, their rate will grow notably. Even if making a decision to promote your tokens on the first day of trading, you can make a profit.

What is the supply restrict of ERT tokens

687.575.392 of ERT tokens might be issued under the smart contract at the date of the ICO start. All the tokens that received’t be offered might be burnt after ICO.

How the tokens are distributed

70% allocated to the ICO sale, 10% retained for the group, 10% reserved for Eristica Challenge Fund and 10% reserved for early buyers, advisors and bounty campaign.

How can I cash out my tokens

You can sell them on stock exchanges. Compatible exchanges which you could use will seem in the near destiny.

TEAM OF ERISTICA

ROAD-MAP

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 • ANN THREAD: https://bitcointalk.org/index.php?topic=2473473
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 • BLOG: https://blog.eristica.com/

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My ETH: 0xACE2d47039C296a158e6EE1827300e6B098B9B0B