Sorry Dean, but I still don't think this is clear. Originally you said that profits from the dice game would be paid as dividends to shareholders:
We will pay dividends as a share of the total profit (revenue-expenses) generated by BetKing in Bitcoin every 3 months.
but now you're saying that profits from the dice game will be added to the bankroll (ie. your 2k BTC):
Any profit/loss on dice game gets added/subtracted from bankroll.
Are you saying that the public's 30% share of the profits are paid out and your 70% share of the profits stay in the bankroll? Or how can I understand both statements at the same time?
It's hard to decide whether to invest with such confusing and apparently conflicting statements from you.
OK so what I mean by this is:
Assume the ICO meets the target of 2000 Bitcoin raised as investment.
The business would have 2000 Bitcoin capital. There are no other funds from me, other investors or any type of private bankroll option.
At first the main product would still be dice.
I would set the max payout on dice 20 Bitcoin (this could change) as if there were a 2000 Bitcoin dice bankroll with 1% kelly as the risk setting.
If someone lost 1 Bitcoin playing dice we would have 2001 Bitcoin in the company.
If someone won 1 Bitcoin playing dice we would have 1999 Bitcoin in the company.
I guess the confusion is that I have said bankroll, capital and investment when we should be thinking of it as capital right?
Expenses come out of this capital too.
So lets have two examples to see what dividends would be after three months under different circumstances. Note these numbers are only for example
and are under assumption we add no new games/products in first 3 months to keep it easier to understand.
1)
We start with 2000 Bitcoin from the ICO.
In 3 months players lose 300 Bitcoin playing dice.
We paid 5 Bitcoin as fixed expenses (server, cloudflare etc).
We spent 10 Bitcoin on some banner ads.
We spent 10 Bitcoin on a contract developer.
After the 3 months we have 2000+300-5-10-10=2275.
275 profit.
So the investors from the ICO would get a dividend share of 82.5 (30% of 275) paid into their BetKing account.
I would be paid 192.5 (70%)
The business would have 2000 Bitcoin left in it. The dice betting limits would remain the same.
2)
We start with 2000 Bitcoin from the ICO.
In 3 months players win 100 Bitcoin playing dice.
We paid 5 Bitcoin as fixed expenses (server, cloudflare etc).
We spent 10 Bitcoin on some banner ads.
We spent 10 Bitcoin on a contract developer.
After the 3 months we have 2000-100-5-10-10=1875.
-125 profit.
So there are no dividends to be paid as there was no profit in this time.
The business would have 1875 Bitcoin left in it. The dice betting limits would be lowered.
Does that clear things up?
Feel free to ask any other questions.