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Alea is a Solana-based gambling hub, which will allow individuals to initially place bets in units of SOL. We plan to make the first SOL dice-based game, which is provably fair, with low house edge (1%), auditable public code, governance, and burning mechanism with all the revenue generated.
Token holders will be able to create proposals by staking a number of tokens, if the proposition passes, they’ll receive their stake back, if it does not pass then the number of tokens will get burned. A vote requires more than 60% of the tokens to vote in favor to pass. This parameter might get changed via a proposal.
We think that Solana is a platform that will allow our project to flourish as beautiful as it could be, and what we want to create is something that we know a lot of people have been waiting for, that’s why we as part of the community are doing our best to bring forth a quality gaming hub where we can focus on the most important thing, the community.