Ryfts is a decentralized gambling platform. It gives users the ability to gamble online and receive an instant payout on their Ethereum wallet through smart contracts by purchasing the supported games tickets with RFT tokens. There is no control from the House (Ryfts) on the available games as they are centered completely on a player versus player structure.
The RFT token is an Ethereum-based (ERC-20) cryptocurrency that allows users to purchase tickets for any of the platform gambling models. Additionally, the RFT token concedes a special royalty ranking status to its holders on Ryfts.
Ryfts ICO will begin on October 8, 2018. The ICO token supply represents 90% of the total token supply, so there is a total of 29,700,000 RFT tokens available, for 0.50 USD each. The ICO funding target is 3,000,000 RFT, the funding cap is 29,700,000 RFT and is expected to end on November 8, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (10%):
Ryfts ICO features a bounty campaign, and the token will not be mineable.