Benefits to Potential Backers
Since one of the USP’s of the business is an active and strong integration of cryptocurrencies into the heart of the project, we’ve been analyzing and learning what a wide number of cryptocurrencies could add as value to the business for the past few months. On the basis of our research we found synergies in a collaboration with Nxt’s Asset Exchange as a potential source for funds, Play shares as a potential market to advertise this to and Bitshares as the goto solution for quickly confirmable, cheap transactions. Given the string of recent announcements from the Bitshares team, we believe a collaboration with Bitshares makes the most sense, as the product offerings stand to be substantially higher and better.
At the core of any business collaboration is a synergy that benefits all parties involved. While we’re actively looking for ways to fund this from communities,in exchange we offer to push the technology offered by the backer to the masses via our string of websites. Since any betting platform would see thousands, if not hundreds of thousands of transactions on a daily basis, utilizing something like Bitshares allows the network to have a large number of early adopters. By creating a “gaming economy”, we bring not only users to the system, but also potential customers for a wide number of services currently being developed in the ecosystem.
With an active integration into the business, any coin supporting the project gets to leverage the increased circulation of their coin, thereby inducing demand into the markets. This would further elevate the price of the coin, shed positive light on the creation and help attract other businesses. As a team, the company is happy to work closely with external devs in proactively integrating coin features to create a seamless experience for those that are interested.
Stakeholders should note pp. 14:QuoteBenefits to Potential Backers
Since one of the USP’s of the business is an active and strong integration of cryptocurrencies into the heart of the project, we’ve been analyzing and learning what a wide number of cryptocurrencies could add as value to the business for the past few months. On the basis of our research we found synergies in a collaboration with Nxt’s Asset Exchange as a potential source for funds, Play shares as a potential market to advertise this to and Bitshares as the goto solution for quickly confirmable, cheap transactions. Given the string of recent announcements from the Bitshares team, we believe a collaboration with Bitshares makes the most sense, as the product offerings stand to be substantially higher and better.
At the core of any business collaboration is a synergy that benefits all parties involved. While we’re actively looking for ways to fund this from communities,in exchange we offer to push the technology offered by the backer to the masses via our string of websites. Since any betting platform would see thousands, if not hundreds of thousands of transactions on a daily basis, utilizing something like Bitshares allows the network to have a large number of early adopters. By creating a “gaming economy”, we bring not only users to the system, but also potential customers for a wide number of services currently being developed in the ecosystem.
With an active integration into the business, any coin supporting the project gets to leverage the increased circulation of their coin, thereby inducing demand into the markets. This would further elevate the price of the coin, shed positive light on the creation and help attract other businesses. As a team, the company is happy to work closely with external devs in proactively integrating coin features to create a seamless experience for those that are interested.
Stakeholders should note pp. 14:QuoteBenefits to Potential Backers
Since one of the USP’s of the business is an active and strong integration of cryptocurrencies into the heart of the project, we’ve been analyzing and learning what a wide number of cryptocurrencies could add as value to the business for the past few months. On the basis of our research we found synergies in a collaboration with Nxt’s Asset Exchange as a potential source for funds, Play shares as a potential market to advertise this to and Bitshares as the goto solution for quickly confirmable, cheap transactions. Given the string of recent announcements from the Bitshares team, we believe a collaboration with Bitshares makes the most sense, as the product offerings stand to be substantially higher and better.
At the core of any business collaboration is a synergy that benefits all parties involved. While we’re actively looking for ways to fund this from communities,in exchange we offer to push the technology offered by the backer to the masses via our string of websites. Since any betting platform would see thousands, if not hundreds of thousands of transactions on a daily basis, utilizing something like Bitshares allows the network to have a large number of early adopters. By creating a “gaming economy”, we bring not only users to the system, but also potential customers for a wide number of services currently being developed in the ecosystem.
With an active integration into the business, any coin supporting the project gets to leverage the increased circulation of their coin, thereby inducing demand into the markets. This would further elevate the price of the coin, shed positive light on the creation and help attract other businesses. As a team, the company is happy to work closely with external devs in proactively integrating coin features to create a seamless experience for those that are interested.
We've had a steady record of working with external devs. We have in-house devs, but while working with externally developed tech, we find it optimal to collaborate with the creators themselves. With 2.0'S launch, yes a large chunk of the features mentioned will be of benefit to the platform.
The prediction markets built into BTS 2.0 combined with SmartCoins tied to fiat currencies are ideal for what you are trying to do.
Stakeholders should note pp. 14:QuoteBenefits to Potential Backers
Since one of the USP’s of the business is an active and strong integration of cryptocurrencies into the heart of the project, we’ve been analyzing and learning what a wide number of cryptocurrencies could add as value to the business for the past few months. On the basis of our research we found synergies in a collaboration with Nxt’s Asset Exchange as a potential source for funds, Play shares as a potential market to advertise this to and Bitshares as the goto solution for quickly confirmable, cheap transactions. Given the string of recent announcements from the Bitshares team, we believe a collaboration with Bitshares makes the most sense, as the product offerings stand to be substantially higher and better.
At the core of any business collaboration is a synergy that benefits all parties involved. While we’re actively looking for ways to fund this from communities,in exchange we offer to push the technology offered by the backer to the masses via our string of websites. Since any betting platform would see thousands, if not hundreds of thousands of transactions on a daily basis, utilizing something like Bitshares allows the network to have a large number of early adopters. By creating a “gaming economy”, we bring not only users to the system, but also potential customers for a wide number of services currently being developed in the ecosystem.
With an active integration into the business, any coin supporting the project gets to leverage the increased circulation of their coin, thereby inducing demand into the markets. This would further elevate the price of the coin, shed positive light on the creation and help attract other businesses. As a team, the company is happy to work closely with external devs in proactively integrating coin features to create a seamless experience for those that are interested.
We've had a steady record of working with external devs. We have in-house devs, but while working with externally developed tech, we find it optimal to collaborate with the creators themselves. With 2.0'S launch, yes a large chunk of the features mentioned will be of benefit to the platform.
To be clear, I was not making any other comment other than this could be a great opportunity for stakeholders and we should pay attention and see what we can build together. :)
You have a massive opportunity here - if you are able to front the cost of a gambling licence in whichever jurisdiction is the most cost effective, you stand ready to create a platform for blockchain based gambling.
You could create an API which handles the provably fair aspect of the system (and where the bet is struck, crucially) to allow multiple other 3rd party projects to integrate with you, under the umbrella of your licence. In exchange for these services, you take a cut of their profits.
There is nothing like this in the crypto space at the moment, this would be a novel project.
You have a massive opportunity here - if you are able to front the cost of a gambling licence in whichever jurisdiction is the most cost effective, you stand ready to create a platform for blockchain based gambling.
You could create an API which handles the provably fair aspect of the system (and where the bet is struck, crucially) to allow multiple other 3rd party projects to integrate with you, under the umbrella of your licence. In exchange for these services, you take a cut of their profits.
There is nothing like this in the crypto space at the moment, this would be a novel project.
The amount of positive responses we've had so far is humbling.
Yes, there's nothing like this in the crypto-space so far. Currently, with our user reach we are already one of the biggest gaming oriented start-ups in the crypto-sphere. By focusing on profitability and scale head on through diversification of revenue streams we intend to further strengthen our position. I have had a number of people willing to support the initiative in the coming weeks and am contemplating how to go about raising funds, ensuring its used effectively and delivering on our promises. Will post updates as I talk to the team :)
Appreciate the interest.
I agreewith monsterer, if you are able to offer betting, there is very lucrative blockchain based gambling market potentially much larger than just game leagues especially if you get to be one of the first movers in this area on BTS 2.0
I will be very interested to see where you guys take this. Good Luck
I agreewith monsterer, if you are able to offer betting, there is very lucrative blockchain based gambling market potentially much larger than just game leagues especially if you get to be one of the first movers in this area on BTS 2.0
I will be very interested to see where you guys take this. Good Luck
So much larger than just one product - imagine taking a 50% cut of every single blockchain based gambling product on your platform?
To quote Stan "think bigger pinky!".I agreewith monsterer, if you are able to offer betting, there is very lucrative blockchain based gambling market potentially much larger than just game leagues especially if you get to be one of the first movers in this area on BTS 2.0
I will be very interested to see where you guys take this. Good Luck
So much larger than just one product - imagine taking a 50% cut of every single blockchain based gambling product on your platform?
We should talk.
Skype maybe ?
Am at the brink of releasing a UIA for this.
Am at the brink of releasing a UIA for this.
Am at the brink of releasing a UIA for this.
Let me know if you need help with anything.
Am at the brink of releasing a UIA for this.
I have been looking to apply in Malta for a gaming license for the same thing for a few weeks now (maybe its great minds think alike) no dont mention the other lets keep positive
I sure do hope they have their boots ready to kick themselves extra hard :)
We are slowly rolling out to an early alpha over the week. You will witness the site evolve into a transactional system over the next 4-7 days.
Regards
Opportunities are everywhere and we're always up for synergies.
I sure do hope they have their boots ready to kick themselves extra hard :)
We are slowly rolling out to an early alpha over the week. You will witness the site evolve into a transactional system over the next 4-7 days.
Regards
I recommend creating some simple videos to show-off the project as it starts moving to a transactional system. Something as simple as Camtastia would be awesome. With this using BitShares, the community should be excited about the progress.
Are you exclusively using Bitshares? Can you direct me to your website?
I sure do hope they have their boots ready to kick themselves extra hard :)
We are slowly rolling out to an early alpha over the week. You will witness the site evolve into a transactional system over the next 4-7 days.
Regards
I recommend creating some simple videos to show-off the project as it starts moving to a transactional system. Something as simple as Camtastia would be awesome. With this using BitShares, the community should be excited about the progress.
Yes, it is in the works. We'll have a promo video soon.Are you exclusively using Bitshares? Can you direct me to your website?
Given our past (sour) experience with another coin community, we no longer pledge allegiance to any coin particularly. It is just business at the end of the day.
As of now BTS integration serves our purpose (quick tx's) and due to the same it has been implemented. We will also have Bitcoins and in-game items.
In regards to a UIA - we had a very private fund raiser, with private investors whose names won't be revealed.
There will be a token issuance for them. Other than them, we are not looking to raise funds.
I'll be approaching institutional investors in 3-6 months from now to close a deal in regards to gamebet and its entire ecosystem.
That said, in the event that we do find large -scale interest in what we're building, we might open to the markets here.
Personally, (and the team) is apprehensive of public large scale fund raisers (in the tune of 500k+) due to a large number of reasons.
Under the right circumstances, we might consider it.
For now, my key focus is getting the product out asap, marketing it to a point where we do have a large user base and hitting profitability.
Fund raising is something that will keep happening procedurally in the backgrounds as we build our relationships with our investors and attain metrics over time.
I sure do hope they have their boots ready to kick themselves extra hard :)
We are slowly rolling out to an early alpha over the week. You will witness the site evolve into a transactional system over the next 4-7 days.
Regards
I recommend creating some simple videos to show-off the project as it starts moving to a transactional system. Something as simple as Camtastia would be awesome. With this using BitShares, the community should be excited about the progress.
Yes, it is in the works. We'll have a promo video soon.Are you exclusively using Bitshares? Can you direct me to your website?
Given our past (sour) experience with another coin community, we no longer pledge allegiance to any coin particularly. It is just business at the end of the day.
As of now BTS integration serves our purpose (quick tx's) and due to the same it has been implemented. We will also have Bitcoins and in-game items.
In regards to a UIA - we had a very private fund raiser, with private investors whose names won't be revealed.
There will be a token issuance for them. Other than them, we are not looking to raise funds.
I'll be approaching institutional investors in 3-6 months from now to close a deal in regards to gamebet and its entire ecosystem.
That said, in the event that we do find large -scale interest in what we're building, we might open to the markets here.
Personally, (and the team) is apprehensive of public large scale fund raisers (in the tune of 500k+) due to a large number of reasons.
Under the right circumstances, we might consider it.
For now, my key focus is getting the product out asap, marketing it to a point where we do have a large user base and hitting profitability.
Fund raising is something that will keep happening procedurally in the backgrounds as we build our relationships with our investors and attain metrics over time.
Does using bitshares offer you guys any advantage over other coins? It's great that you are incorporating BTS, but I'm still trying to find a business that uses bitshares as it's backbone. So far that search has been futile...