JASON COLBY INTERVIEW WITH BLOCKAIN GAMBLING

Article originally published on the online magazine BlockchainNews, By JAMES MOREAU – October 23, 2016

Below we have an interview with Jason Colby, one of the founding team members of vDice.io who lent some of his personal and his business’ perspectives on their upcoming ICO.

 He discusses why a decentralized smart-contract gambling business would want to raise funds through these means and also about the current state of where Blockchain and specifically Ethereum bases businesses are heading in the near and short term.
As the wave of relatively ample funding for technology startups has begun to decline, it seems the wild west of ICO’s, or Initial Coin Offerings within the cryptocurrency and Blockchain space is only beginning to take off. It’s almost entirely unregulated and generally open to interpretation on procedures on both the company and investor side. The only thing keeping these ICO’s in check nowadays is the hawk-eye’d community of Blockchain and cryptocurrency enthusiasts which don’t want to live through another damaging experience like the DAO from earlier this year.
Ethereum has become the leading platform for businesses to establish themselves as tokenized entities and raise funds through coin issuances. In 2016 alone there have been some massive successes and some horrendous failures in the ICO space. The growth of the community of interested participants has raised new questions about how much caution is advised in these funding events. It’s become a hotly contested topic on both sides.
Some people are of the mindset that this form of fundraising, or crowdfunding, is too much like the wild-west and that average investors and enthusiasts won’t do their due diligence before jumping to invest in a well-marketed idea. Others believe that the free market should dictate what businesses are able to do with this model of raising funds given these relatively new technological capabilities.
Within Reddit and other forums, there’s been a great deal of questions asked about vDice and other company’s ICO details and why they even need them. Often these conversations lead down a rabbit hole of accusation, rather than discussion. In the interest of fairness, let’s go into some details from Jason Kirby’s direct words about vDice’s directions and intentions.
Tell us a bit about your team. Initially vDice.io maintained quite a bit of anonymity on the web, but with talks of an I.C.O. what are the aspects of your team’s strengths that should encourage people to participate?
The core team is public and out at  our crowdsale website –  I oversee the Smart Contract side of things. Then we have Hayden overseeing the design elements. Barney keeps promotion and social media presence organized. And David brings experience in the gaming industry and business generally. Go to our crowdsale site for linkedin and contact.
Each heads their own distributed team. As is the nature with these sort of projects, we have contributors, collaborators and sub-contractors working remotely. They work for their own enterprises, or as freelance. For any given area they report to the specific head at vDice.
This structure helps us maintain control and get things done efficiently and effectively. A lot of distributed teams can be unproductive. By structuring our team this way we can make use of the best resources and people, wherever they may be. And also ensure efficient results.
Where others talk of launching a Dapp, our team has already done that. vDice is live and processing bets for a while now. It is one of the most popular Ethereum Smart Contracts, in production use.
What current proof of concepts has vDice.io completed? What projects are in the pipeline?
Our development roadmap is here, in written form. It is also here, in visual form.