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Topic: [ANN] BetBase.io | Platform for Bitcoin casinos [BETA] - page 4. (Read 7105 times)

full member
Activity: 140
Merit: 100
Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.
Just one question why you guys have decided to run ICO rather than just allowing anyone to invest and divest whenever they want just like moneypot?
And how dividends will be calculated, if there is loss in overall of 6 month period ? I mean there will be decrease in share price or how this will be handled?

Yes, I'd also like more info - seems to me that 4 days until ICO is way too quickly for a product that hasn't been developed at all yet and is just a theory at this point.

We need some POC first...

Guys, the product is all finished. We're actually in Beta phase with 1 BTC bankroll for testing, but everything is already done and fully working.

About that information, I will post it here when I get to my office (in about an hour).

Shit my apologies then - didn't realize you guys were that far along. When is the beta going to open up?
legendary
Activity: 1135
Merit: 1002
Developer
Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.
Just one question why you guys have decided to run ICO rather than just allowing anyone to invest and divest whenever they want just like moneypot?
And how dividends will be calculated, if there is loss in overall of 6 month period ? I mean there will be decrease in share price or how this will be handled?

Yes, I'd also like more info - seems to me that 4 days until ICO is way too quickly for a product that hasn't been developed at all yet and is just a theory at this point.

We need some POC first...

Guys, the product is all finished. We're actually in Beta phase with 1 BTC bankroll for testing, but everything is already done and fully working.

About that information, I will post it here when I get to my office (in about an hour).
full member
Activity: 140
Merit: 100
Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.
Just one question why you guys have decided to run ICO rather than just allowing anyone to invest and divest whenever they want just like moneypot?
And how dividends will be calculated, if there is loss in overall of 6 month period ? I mean there will be decrease in share price or how this will be handled?

Yes, I'd also like more info - seems to me that 4 days until ICO is way too quickly for a product that hasn't been developed at all yet and is just a theory at this point.

We need some POC first...
legendary
Activity: 1218
Merit: 1006
Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.
Just one question why you guys have decided to run ICO rather than just allowing anyone to invest and divest whenever they want just like moneypot?
And how dividends will be calculated, if there is loss in overall of 6 month period ? I mean there will be decrease in share price or how this will be handled?
legendary
Activity: 1135
Merit: 1002
Developer
I find this part in your Terms of Service a bit concerning:

Quote
Termination

We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

This suggests you can simply take whatever money anyone invests and lock a person out of their account, just because you want to, and there's no legal recourse. You might also want to include something in your ToS regarding people who aren't legally allowed to join your site due to their local laws. I didn't find anything mentioning that, and you could be leaving yourself vulnerable if you don't. For example: online casinos and partaking in them is (as far as I could tell) illegal in Texas. I'm not a lawyer so I don't know what the consequences would be, but hopefully this is helpful.



On an unrelated note, there's a typo at the bottom of your homepage:

Quote
Owned by shareholders

Betbase is owned by its shareholders. You have a choice of participating in company strategy as well as some important decisions. You'll receive dividends every 6 months. Lear more.



All that aside, I thought your presentation video was great, and I like the design of your site. I hope this project is legit and goes well. Do you know if investing in the bankroll would be illegal in Texas, given that online casinos are? What about owning shares of your stock?

The terms are more for our security, the rest is a matter of trust. Of course if we suspend an account for no reason to anyone, betbase would be dead. That's not really our point.

Thanks, will correct the typo.

And thank you very much, I don't know but USA has pretty bad laws about gambling at all. But Bitcoin is anonymous world for them, so why not.
Although owning shares should be OK I think. It's just another altcoin in their eyes. Smiley

So.....MoneyPot 2.0?

Well, moneypot is just a gambling wallet as they say. Betbase provides everyting you need to run your casino. We can even help you with costom development or marketing campaings.

We also create value for shareholders so you will be able to trade our shares and collect dividends.
Sorry mate but just to make sure i get it right you will also accept investors? Its really another good venue to earn btc that's why im asking for sure as early as now more members here will be interested joining ill keep checking this thread to get some more info about your business and how i can make some good profits. Good luck

Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.

PM me if you are still hiring staff for the ICO. Maybe i can gave you a shot on marketing section. I will invest also on the casino once i saw the full specification

Will definitely PM you, thanks!
hero member
Activity: 742
Merit: 500
So.....MoneyPot 2.0?

Well, moneypot is just a gambling wallet as they say. Betbase provides everyting you need to run your casino. We can even help you with costom development or marketing campaings.

We also create value for shareholders so you will be able to trade our shares and collect dividends.
Sorry mate but just to make sure i get it right you will also accept investors? Its really another good venue to earn btc that's why im asking for sure as early as now more members here will be interested joining ill keep checking this thread to get some more info about your business and how i can make some good profits. Good luck

Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.

PM me if you are still hiring staff for the ICO. Maybe i can gave you a shot on marketing section. I will invest also on the casino once i saw the full specification
newbie
Activity: 14
Merit: 0
I find this part in your Terms of Service a bit concerning:

Quote
Termination

We may terminate or suspend access to our Service immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

This suggests you can simply take whatever money anyone invests and lock a person out of their account, just because you want to, and there's no legal recourse. You might also want to include something in your ToS regarding people who aren't legally allowed to join your site due to their local laws. I didn't find anything mentioning that, and you could be leaving yourself vulnerable if you don't. For example: online casinos and partaking in them is (as far as I could tell) illegal in Texas. I'm not a lawyer so I don't know what the consequences would be, but hopefully this is helpful.



On an unrelated note, there's a typo at the bottom of your homepage:

Quote
Owned by shareholders

Betbase is owned by its shareholders. You have a choice of participating in company strategy as well as some important decisions. You'll receive dividends every 6 months. Lear more.



All that aside, I thought your presentation video was great, and I like the design of your site. I hope this project is legit and goes well. Do you know if investing in the bankroll would be illegal in Texas, given that online casinos are? What about owning shares of your stock?
legendary
Activity: 1135
Merit: 1002
Developer
So.....MoneyPot 2.0?

Well, moneypot is just a gambling wallet as they say. Betbase provides everyting you need to run your casino. We can even help you with costom development or marketing campaings.

We also create value for shareholders so you will be able to trade our shares and collect dividends.
Sorry mate but just to make sure i get it right you will also accept investors? Its really another good venue to earn btc that's why im asking for sure as early as now more members here will be interested joining ill keep checking this thread to get some more info about your business and how i can make some good profits. Good luck

Thanks for your interest. We have an ICO starting on 27th of November. That's an investment opportunity for anyone interested. When the ICO is finished, the bankroll will be closed and there won't be a chance for new investors to invest directly, but they can still buy shares on the market. By buying our shares they will start receiving dividends.
hero member
Activity: 756
Merit: 500
So.....MoneyPot 2.0?

Well, moneypot is just a gambling wallet as they say. Betbase provides everyting you need to run your casino. We can even help you with costom development or marketing campaings.

We also create value for shareholders so you will be able to trade our shares and collect dividends.
Sorry mate but just to make sure i get it right you will also accept investors? Its really another good venue to earn btc that's why im asking for sure as early as now more members here will be interested joining ill keep checking this thread to get some more info about your business and how i can make some good profits. Good luck
legendary
Activity: 1135
Merit: 1002
Developer
So.....MoneyPot 2.0?

Well, moneypot is just a gambling wallet as they say. Betbase provides everyting you need to run your casino. We can even help you with costom development or marketing campaings.

We also create value for shareholders so you will be able to trade our shares and collect dividends.
full member
Activity: 140
Merit: 100
So.....MoneyPot 2.0?
legendary
Activity: 1135
Merit: 1002
Developer


Quote
The founder and CEO is johny1976. This project is under his company Cryptoli.

Confirmed.


For the BETA (testing) phase, we have 1 BTC in our bankroll until the end of ICO.
newbie
Activity: 8
Merit: 0
Hello, meet betbase - platform for bitcoin casinos. It allows you to open your own casino within minutes for free using ready-made casino scripts.


* Betbase shares a bankroll with you so you don't have to worry about gathering and securing funds.
* Betbase provides reliable income because casino owners profit from every bet, even if it is against the house.
* It has powerful betting engine with provably fair option so you can build custom casino games.
* If you have unique needs, you can contact us at [email protected] for custom development.
* You can trade our shares and we are also paying dividends.

It's been some time since we came up with some real product (the last was CoinSlots), that gave us a lot of time to come up with a lot more secure and automated solution to give everyone the opportunity to run their own casino with no coding skills or costs. So we are back with a new service that sums up our previous work in much more reliable way.

ICO - THREAD, PAGE

The founder and CEO is johny1976. This project is under company Cryptoli.
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