What is BULLS dApp protocol?

Bulls.Finance
2 min readSep 18, 2020

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Bulls is an Ethereum-based token and dApp that enables individuals to place bets in a plethora of games without user deposits or sign-ups, using Ether, the 2nd most popular cryptocurrency in the world. Players can choose their own odds with our unique UI and payouts are instant. Game code is built entirely on top of the Ethereum blockchain, which allows for a level of transparency and accountability that traditional online casinos simply cannot provide.

Bulls is a service which provides a provably fair and transparent, web-based ETH gambling dApp. Bulls game code is decentralized and immutable. Players will be 100% confident Bulls behaves in a provably fair manner, thanks to the nature of the Ethereum protocol.Our smart contract layer runs entirely on the Ethereum blockchain.

It is auditable,transparent, verifiable, and provably fair. Bulls accepts wagers from players in the form of ETH (and other cryptocurrencies in the future) via its unique web based interface. The decentralized and immutable nature of our smart contract layer ensures players will bet in units of ETH with 100% confidence their funds are not being held by a 3rd party subject to the risk of hacks, theft, or misconduct by the Bulls smart contract.

The decentralized nature of the Ethereum protocol ensures that our smart contract is immutable and always available, with no possibility of downtime via DDoS attacks, hosting issues, and/or government, or other forms of intended interruption to the service.

The Bulls token is an Ethereum ERC20 token with additional custom functionality for the purposes of being used within the Bulls ecosystem. The Bulls token is minted in a once off event during our strictly limited initial token creation phase.

Direct earning — Proportional to the number of tokens they hold, Token holders as a collection receive 100% of the ETH generated by the games. ETH is generated by the game via players losing bets and the built in 1% house-edge. Token holders are exposed to each bet that is processed on the platform with the advantage of the 1% house edge always being in their favour.

Fully Transferable p2p — The Bulls token will be fully transferable p2p and available for trade on exchanges.

Voting Rights — The Bulls token enables holders to vote on proposals set-forth bythe Bulls team. For example, lowering or raising the house edge, or adding a new game to the site.

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