Ethorse Project Update — August 27, 2018

Ethouse
3 min readAug 27, 2018

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Announcing the Launch of the Ethorse Ecosystem

Since the beginning of the Ethorse project, we have been pleased and impressed by the passion and enthusiasm of our global community. You have provided valuable feedback, introduced new players to the DApp and much more.

Today, we are pleased to announce an initiative to designed to formalize collaboration between the community and us: the Ethorse Ecosystem.

The primary goal of the Ethorse Ecosystem is to build a group of DApps, products services and other solutions that add value to the Ethorse DApp and HORSE token holders. The Ecosystem has four primary elements:

  • Ambassadors: These are community members who agree to help enhance Ethorse’s upcoming marketing efforts by engaging in high-quality discussions with/delivering content to crypto enthusiasts/traders/bettors and others in other communities in exchange for HORSE bounty tokens
  • DApps: These will be a group of officially recognized third-party DApps that integrate with the Ethorse contract, improve token economics and deliver other benefits to players and investors
  • Services: Reviewed and endorsed services that improve player confidence and Ethorse DApp volume
  • Integrations: These are Ethorse-led efforts to integrate with other crypto platforms that help deliver visibility and benefits to HORSE token holders (an example of this is the P3D-Ethorse integration)

More information about the ecosystem is outlined in the infographic below. We have also put together a brief pre-application for individuals and teams interested in becoming part of the new Ethorse Ecosystem.

We will announce the first members of the Ethorse Ecosystem in the coming weeks.

Apply to join the ecosystem by clicking here.

DApp Updates: Addressing the CoinMarketCap Public API Latency Issue

Last week, the CoinMarketCap public API experienced latency issues providing us outdated prices. We refunded the affected users from our funds and paused the races. After a 60-plus hour code sprint, we developed, tested and deployed an update to the betting contract that accounts for potential future CoinMarketCap lag issues and enable the contract to refund if the timestamps provided by the API are outdated. After some downtime, races have resumed. We have also added a field in our Oracle page (“Fetched Time”) to show the time the Ethorse Oracle pulls the price from CMC API. With this users can easily verify if such lags occur in the future.

Testing New 30-Minute Race During Upcoming Community Racing Period

Some community members have been requesting that we introduce shorter races. During the upcoming Community Racing period, scheduled to begin on Tuesday, 28 August (16:30 GMT), we will be testing a new race format: 30-minute races. These races will have:

  • A 30-minute betting window
  • A 30-minute race

Please help us test this new race format by participating in the upcoming Community Racing period on 28 August, starting at 16:30 GMT. Please visit the Ethorse Discord and Telegram for updates.

Other Ongoing Work: Status Update

Below are the other areas the Ethorse team is currently focused on:

  • Revamping Frontend: Involves implementing Redux and Drizzle, upgrading the state architecture and better mobile browser layout. This will tremendously improve the responsiveness of the dApp for now and all the features we are planning for the future
  • Developing the Chinese language user interface: Work begins after main UI updates (mentioned above) are complete
  • Referral links: Referral program will be introduced to increase the adoption and encourage people to bring in new bettors from their circle
  • DApp marketing and, including outreach to Western and Asian audiences: Will begin after UI improvements and additional (soon to be announced) updates to the main Ethorse DApp are completed

Thank you all for your continued support!

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Ethouse

A decentralized application for the Parimutuel gaming on the price of Cryptocurrencies ethouse.app