The online betting industry has suffered from a lack of innovation for years. Over time, player conditions constantly worsened: Fees have increased, odds are in favour of the bookmaker and regularly winning players are banned.
With traditional betting “the house always wins”.
Odds are created by experts based on tons of exclusive data undisclosed to the public.
- Lacking Transparency and Trust
Centralized authorities control the payouts resulting in lacking transparency of the money flow.
No Social Dynamics
Social dynamics are lost as interfering middleman prevent direct peer to peer interaction.
What is Hero?
HERO radically changes todays centralized way of online betting. The token and its smart contract allow decentralized peer-to-peer online betting in any field.
HEROcoin (an ERC20 token) is designed so that any provider can integrate the token on their platform and any participant can create its own (closed) contests.
All transactions are transparent and the smart contract automatically performs actions such as pay-outs to guarantee a trustless ecosystem.
Breaking the traditional “the house always wins” paradigm.
With HERO the community always wins.
How Hero Works
The HERO ecosystem consists of game creators and players. Everyone is able to participate by simply joining or creating games. The whole community benefits from a growing activity as every HERO token holder is ensured to receive a general reward of all played games. Additionally, those who take the effort to create games receive a provider reward.
So who gets what?
All token holders are guaranteed a general reward out of all distributed prize pools.
Game winner receive their respective part of the prize pool.
Game creators are rewarded for their effort to create and manage games.
Start of thesocialbet – a peer-to-peer betting platform on major sport events
herosphere.gg – peer-to-peer esports betting was born
HEROcoin is born – Ethereum based cryptocurrency
Investment round for €350.000
ICO crowdsale over 6000 ETH raised
Moving offices due to our growing team
HERO Blockchain MeetUp #1
1st partnership agreement – Tobaccoland (one of the biggest Austrian retailer)
1st HEROcoin listing on Coinbene
HEROcoin ($PLAY) integration on Blockfolio
herosphere.gg relaunch to prepare for HEROcoin integration
1st cooperational meeting with Vienna Stock Exchange
1st HEROcoin use case – closed beta on herosphere.gg
Open Beta HEROcoin on herosphere.gg
Spread HERO globally & change the world of online betting
Paul Polterauer, of HERO, describes the ﬁrm’s vision and their goal of reintegrating the social character to betting by bringing the blockchain to the game
Esports is on the rise! Why we decided to get involved and where the industry is at right now
ESports Betting Site Herosphere Launching Herocoin, New Digital Currency Hitting Market as Bitcoin Soars
Co-Founder & CEO
Before he founded herosphere with a current user base of more than 200k users, Paul has worked at PwC Advisory for Corporate Finance, M&A and Deals. At PwC he worked on one of the largest deals in Austria at this time and projects like the asset quality review for the European Central Bank’s stress tests. He studied business administration in Austria, Hong Kong and Hawaii. Passionate soccer, tennis and Star Craft II player.
Co-Founder & CTO
Philip is one of the founders of herosphere and as CTO responsible for the technical background of the start-up. Before that, he worked as Software Developer and Project Manager in the field of eHealth. He studied eHealth at the university of applied science in Austria. He was a semi-professional volleyball player and early adopter of Dota.
Co-Founder & COO
Having founded two companies before, both of which are still running, he knows how start-ups work. He not only brings economic expertise but also technical knowledge into the company. Bernhard has studied Mobile Compu-ting followed by Executive Management. He also claims to have introduced the daily table tennis challenge to the team, but nobody knows for sure.
Lead Blockchain Developer
Andreas has a background in enterprise software development and is active in the Bitcoin industry since 2011, where he co-founded Bitcoin Austria. Between 2012 and 2015 he worked for Mycelium, where he developed the Mycelium Wallet, which successfully secured the funds of 250000 people. He then founded Minebox, a company that enables decentralized storage secured by smart contracts. He advises Bitpanda, a popular Bitcoin broker on security.
Chief Information Officer
Living the entrepreneurial lifestyle, Vladan has founded numerous companies starting in 2001 with his Online Multiplayer Gaming Community with over 1 Million active users per month up to his latest being snixx -Web and Marketing Agency and KidCo – innovative Clothing Company. He is a passionate full stack web-developer with over 14 years of experience in development, marketing and SEO.
Smart Contract Developer
Jerome Rousselot is a technology executive with many years of experience in blockchain, cryptography and embedded systems. He is Product Manager and Chief Revenue Officer for Mycelium, organizes trainings with the Blockchain Connector and founded or co-founded Nodali, Jita and Proof of Purpose. Jerome is based in London and obtained his PhD in Theoretical Computer Science at EPFL, Switzerland. He enjoys running, mysore yoga and traveling.
Chief Marketing Officer
Joe previously built a global community in 40+ countries with more than 20,000 people joining their online courses at Comfort Zone Crusher. He is the CEO of Triggin and Marketing Advisor for mahler ARTHA. Loving everything marketing related, he has experience in Content-, Email-, Affiliate-, Social Media Marketing, SEO, Copywriting and Branding.
Co-Founder of Paysafecard and Payolution
Business Angel and Co-Founder of paysafecard and payolution, , Chairman of the advisory board at starup300 AG and Jury Member at “2 Minuten 2 Millionen”, Austria´s Shark Tank investment show. Also investor of Hitbox
Co-Founder of Babil Games and former CEO of Casinos Austria Swiss
Managing Partner of Enable Future, Co-Founder of Babil Games and and former CEO of Casinos Austria Swiss.
CEO & Co-Founder of startup300
Austrias most active business angel network. He successfully sold his company DIG AG and spent several years in Los Angeles and San Francisco working on his startup wap.at as well as Roman Scharf´s Talenthouse
Former head of logistics at OMV
Lecturer at FH Wien / Vienna and former head of int. logistics at OMV.
Co-Founder of startup300
is co-founder of the business angel network startup300. He is a serial entrepreneur and (co-) startet 10+ companies in the last 10 years. He was business angel at runtastic.
Director at Telekom Austria Group
Director Group Procurement Telekom Austria Group and former CTO of the bulgarian subsidary of Telekom Austria Group.
Former senior partner at The Boston Consulting Group
Business Angel and former senior partner at The Boston Consulting Group.
Founder of Ebit
Business Angel and founder of Ebit.
President of BaseTech Ventures and CEO of DIMOCO Europe
Founder and also Member of the Board of DIMOCO Europe.
Former CFO Kalixa Payment and bwin
Management consulting and former CFO of Kalixa Payment and bwin Interactive Entertainment AG.
Co-Founder bitTex TI Solutions, previously worked for Swiss Blockchain Services
Co-founder of Coinfinity and Blockchainhub Graz.
Co-founder of Coinfinity and Blockchainhubhub Graz.
Partner at Brandl & Talos
Partner at Brandl & Talos. Specialized in M&A transactions and online gaming
Partner at SVLAW
Partner at SVLAW. Specialized on virtual and crypto currencies.
Partner for tax consulting at BDO
Partner for tax consulting at BDO. Focus on gambling and betting.
Co-Organizer Tokyo Bitcoin Meetup Group
Co-Organizer Tokyo Bitcoin Meetup Group
Co-Founder of Grid Singularity and Energy Web Foundation
working now in the Blockchain and Energy Sector.
Co-Founder of TableConnect and Shpock
Serial entrepreneur, Co-Founder of TableConnect previously Co-Founder of Shpock
Explain HEROcoin and herosphere.gg and how they work together.
TLDR: HEROcoin is a decentralized ERC20 token, meaning that the smart contract operates on the Ethereum blockchain. The first use case of HEROcoin is herosphere.gg, an online esports peer-to-peer prediction and fantasy gaming platform.
Long: herosphere.gg is a revolutionizing online peer-to-peer platform, which focuses exclusively on esports. You compete in a social ecosystem which allows you to play against your friends, or the whole community in a private or public contest. Offering prediction and fantasy gaming, herosphere.gg combines various entertaining and competition factors in order to offer every user the best experience. HEROcoin is the underlying cryptocurrency behind the social betting ecosystem, making it secure, incorruptible, fast and a transparent platform for every stakeholder. Alternatively, you can participate in contest for free, gathering the free-to-play currency spheres and claim awesome prices from the shop, featuring peripherals, goodies, in-game cosmetics, vouchers and many more.
Hero has raised money in traditional investment rounds from various well known investors. Why are you doing a token sale?
For us it was just the next logical step:
We have a working platform with playing users and we want to bring real value into it. Gamers love crypto and crypto loves gamers, so we’ve got that going for us. Blockchain technologies enable us to live in a secure, transparent, fair and incorruptible society. Transactions are much cheaper than common transactions, a smart contract solution allows us to lower the operating costs of our platform, therefore we can offer you a more convenient and economical product.
Moreover, the blockchain benefits every participant with trustless trust, making herosphere.gg resistant to game-related manipulations. Especially on a platform where people compete for money, we think transparency is the most important thing of all! And we want to give you transparency, all o fit. We could write pages over pages here, but we think it is just a perfect fit. For all the details read our whitepaper.
How are you different than the competition? They are gaming and esports oriented Cryptotokens as well.
You are probably thinking of one of two other crypto-related companies:
- FirstBlood is very different from us and it’s easy to explain why: FirstBlood wants to build a competition platform where users compete against each other. herosphere.gg is an already established platform where users can predict the outcome of professional players playing tournaments.
- Unikrn introduced an esports platform built on the blockchain. They are what we said we never want to be: A conventional bookmaker where you compete against the company, Unikrn, while at herosphere.gg you can challenge your friends or any community and compete against each other, not against herosphere.gg as a company
How many users does herosphere.gg have?
Our platform has over 250.000 registered users from all around the love, who love to compete against each other on herosphere.gg
Will I be able to trade my Hero Token (HERO) on Cryptocurrency Exchanges?
Yes! We are currently listed on KuCoin and Coinbene which are extremely user friendly, supported by a healthy trading volume. Our focus now lies on developing the product and striving towards perfection in order to offer the best experience to our users.
When is this platform supposed to be ready for use?
While the product itself is finished and live already, implementing HERO is a complex task and we take great security measures. Our BETA phase is live since 20.06.2018, after three cycles we are opening our BETA to the public and HEROcoin can be used on herosphere.gg
For who will this platform be made available? What countries are you primarily focusing on?
- All of you! This is why we love the blockchain, it makes global interaction easy. HOWEVER, in some of the countries there are legal restrictions that we have to comply with. We are always working to find ways to offer herosphere.gg in as many countries as we can.
Is it legal to bet on a game using Hero?
Absolutely! We are working with the very best lawyers on what is legal and how it complies with local law.
Will the anonymous and decentralized nature of cryptocurrencies allow users to bypass betting laws?
No, at least not for herosphere.gg. We work together with governments and lawyers in order to ensure we fully comply with all local laws. We can not, however, guarantee that other platforms that implement HERO will also do that, although we encourage everybody to the best of our abilities to do so.
How do I store my HEROcoin? Are there any best practices to follow?
MyEtherWallet works well, we also recommend hardware wallets such as the Trezor. As long as your wallet supports ERC20 tokens you’ll be able to hold tokens with it, but in order to register for the presale we will also provide instructions on how to do this if you don’t already have a wallet
Can other businesses within the betting community use HERO as a method of payment, etc?
Yes, and we encourage and support them to do it! HERO is not our token, it is YOUR token. And the more people use it, the better it gets for everyone. We will actively approach other companies to implement HERO in their platforms.
What is all this talk about integrity and compliance?
Betting, gambling and also prediction games sometimes bear the risk of getting people addicted and spending all of their money on it. Therefore there are laws in place to prevent excessive gaming, minors gaming and other dangerous things. We think that’s good and important!
Prediction games should always be about having fun with friends. That’s what they are meant to be. As soon as people show unhealthy behaviour they need to be protected and that’s why we have all this integrity and compliance talk in our whitepaper, ToS and everywhere else.
It’s important. For you.