Quote from: FreeTrade on May 24, 2014, 04:20:01 PM
I've been made aware of a similar project called ChanceCoin (thanks ABL). I'm not sure how I missed it, but it is a very similar project. In some ways, it is better than what I'm working on and yet seems to be failing to attract a high valuation in the marketplace.

For these reasons, I'm suspending the planned launch while I fully review this project and any lessons that can be learned.

It's failing because they had problems with the wallet.

Good, I just transferred my dogecoin to my local wallet, now I can use my dogecoin to participate

lol,  he  announce the launch of a dac and because Adam 2-3 days later inform him about a competitor he changes his mind...  theoretical bitshares is hurt... well done... the "coincidence" is that only our community is informed well and our members concerns  was that it is not fair for the mmc holders to loose the "opportunity" to participate on snapshot in one week ... lol... 

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Quote from: FreeTrade on May 24, 2014, 04:20:01 PM
I've been made aware of a similar project called ChanceCoin (thanks ABL). I'm not sure how I missed it, but it is a very similar project. In some ways, it is better than what I'm working on and yet seems to be failing to attract a high valuation in the marketplace.

For these reasons, I'm suspending the planned launch while I fully review this project and any lessons that can be learned.

FreeTrade, do you gamble at Casinos and do you anticipate being a user of your services?   Put another way, are you scratching your own itch or is a casino coin one on a list of interesting and potentially profitable coins to prototype?

I feel like the "interested in Cryptocurrency" and "big gambler" isn't neccesarily a huge demographic overlap which is why it's interesting to hear people who develop these solutions (like Bytemasters Mining-as-playing-the-lottery proposal of a few months ago) don't actually want to use the product, they just see the percieved market void.

Too bad :-(

I've been made aware of a similar project called ChanceCoin (thanks ABL). I'm not sure how I missed it, but it is a very similar project. In some ways, it is better than what I'm working on and yet seems to be failing to attract a high valuation in the marketplace.

For these reasons, I'm suspending the planned launch while I fully review this project and any lessons that can be learned.

My error! It is about 15.11%

FreeTrade
My math could be wrong, but it shows that the house cut is actually  about 26.70% based on the odds suggested in the original post.

welcome!!! :-* :-* :-* :-*

You won't regret that decision ... thanks alot

Quote from: FreeTrade on May 24, 2014, 12:25:54 PM
Updated to add AGS to shares distribution

You are a baller and a scholar

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Updated to add AGS to shares distribution

obvius

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That's a terrible setup for a pump and dump. It will spike MMC and then MMC will collapse. There is no whitepaper whatsoever either. Yeah let's all buy MMC so FreeTrade can unload. This is really short sighted.

Quote from: asenski on May 23, 2014, 07:09:21 PM
Can you be more clear on what date will the MMC snapshot be taken? If it is end of May that is not nearly enough time for people to consider cashing out of exchanges.

Quotelast block before the end of May 2014 UTC

This means the last block at May in UTC time, same as AGS donation counts.

Can you be more clear on what date will the MMC snapshot be taken? If it is end of May that is not nearly enough time for people to consider cashing out of exchanges.