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Topic: [ANN] BitDice - Join The ICO Of The Biggest Crowdfunded Casino With 2300Ƀ PROFIT - page 4. (Read 10856 times)

hero member
Activity: 1120
Merit: 553
Filipino Translator 🇵🇭
It is amazing that this ICO project do really have a great amount allocation that will not just beneficial for the owners but also to the partner investors that will surely support this. A way to see casino tokens on the other side of looking on it. Also it is well presented to see the part by part distribution on how this will work.
legendary
Activity: 1258
Merit: 1001
I do like this ICO the best because it is very through with its details on how the process will go through during the different stages.
And to have pie charts dont hurt at all. Grin

Very well done and thought out ICO I must say. Wink
hero member
Activity: 776
Merit: 522


Our Second Blog Post:

Exposure to CSNO token: everything you need to know about it.


This post extends over BitDice Casino’s token structure, its applicability, and derivative implication.

Many of our users and bankroll investors have to deal with different cryptocurrency names when they interact with BitDice Casino. All of you, certainly, have preferences to what cryptocurrency to stick to while committing your coins to bankroll. The idea is here straightforward — you want to capitalize on your bankroll investments in couple with a long-term appreciation of invested currency against fiat.

With introduction of CSNO token, many have raised questions attempting to understand how their CSNO exposure will do after converting to the new business model.
Below we illustrate in detail how your exposure will change from the moment of converting your cryptocurrency into the token, and up to the moment of receiving your dividend share.

Converting to CSNO during the course of the ICO campaign:
Once you made up your mind to participate in BitDice Casino’s ICO, you will get the option to contribute BTC, LTC, ETH or DOGE to the specified wallet addresses. For the sake of simplicity, let us assume you decided to buy Tokens for bitcoins and you contributed 100 BTC to do that.

From the moment you sent your 100 BTC to the corresponding address, you will be waiting for the ICO campaign to end in order to get your exact allocation of CSNO tokens. Assume by the end of the ICO all wallets will show balances:



To get the sense of how much we raised in USD total, we get the equivalent of those amounts in USD value at the cut-off moment.

Let us further assume that at the cut-off moment, we determine:



Effectively, in USD value we get these figures:



Given this distribution of wallets, we are able to calculate exact ratio of each contributed wallet:



As a result, your 100 BTC contribution will account for 100/3000*0,417*0,68 = 0,009452 or 0,9452% share of outstanding tokens or 945 200 CSNO tokens.



BitDice Casino’s Performance

After the ICO is over and all the participants have received their tokens, BitDice will shift its focus back to operations in fulfilling the objectives set out before. Periodically, we will publish updates about reaching certain milestones and will announce important news.
 
Each quarter BitDice will declare profit sharing for the accounting period. It will combine all the revenue-generating channels, i.e. all the games played in different cryptocurrencies as well as those played with fiat currencies when the integration of a licensed arm of the BitDice Casino is successfully finished.

In simple terms, the revenue base of the BitDice Casino will be diverse, which should be a good thing for players seeking diversification of revenue streams. Instead of being exposed to one single currency, the profit sharing will come from different sources and different currencies.

At the end of each quarter, we will sum up profits from all the channels and convert them into ETH for further profit sharing distribution via the Ethereum Smart Contract.

To illustrate how normally dividend sharing will work, let us assume that BitDice Casino has earned net quarterly profits in the following currencies:



Let us further assume that at the end of the quarter we determine that:



Effectively, in USD value the profit will be look as:



The investor who contributed 100 BTC and possesses 945 200 CSNO tokens will effectively receive 160,99 ETH for his entire CSNO holding.

One should note that the exposure to ETH as a currency of dividend distribution is very short-term. Once the dividend payment has landed onto your ETH wallet, you have the freedom to manage your ETH exposure the way you like it.

It is expected that with time the source of the revenue and hence profit will get more diversified as more games with different currencies will be added.

Website: https://ico.bitdice.me
Casino: https://www.bitdice.me
Prospectus: https://ico.bitdice.me/prospectus_en.pdf
Slack Invite: https://slack.bitdice.me
Twitter: https://twitter.com/bitdice
Email: [email protected]


Regards,
Alex.
legendary
Activity: 2632
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full member
Activity: 1134
Merit: 102
It was very good to join in this ICO promotion participants because they are dealing Casino for more than a year. They never missed any withdrawal because people are very happy with this Casino Website and Now entering into Crypto market. I wish all the best for the ICO.
legendary
Activity: 1610
Merit: 1004
A successful casino running for years is going to share 70% of profit with their tokens holders is great deal. The raised money through ICO will be used expand the business. It should a successful crowdfunding campaign by achieving the maximum target in shortest possible time period.
hero member
Activity: 700
Merit: 501
★YoBit.Net★ 1400+ Coins Exchange
very interesting projects. I like this and joined to the signature campaign.  Smiley
how money 1 token?

Check out the Prospectus if you haven't already as this should answer your questions.

The cost of 1 token depends on how much is contributed and the dividends per token depend on casino profits.
thanks
sr. member
Activity: 1176
Merit: 252
Take part in our >bounty campaign<. We're looking for bloggers, news article writers, YouTubers and what not. Don't miss out!
IMHO for this bounty blog is very complicated. i think this bounty should be more simple rules, there will be many people joining this this program.  Grin
legendary
Activity: 1736
Merit: 1023
very interesting projects. I like this and joined to the signature campaign.  Smiley
how money 1 token?

Check out the Prospectus if you haven't already as this should answer your questions.

The cost of 1 token depends on how much is contributed and the dividends per token depend on casino profits.
full member
Activity: 476
Merit: 100
The explanation of the profits that can be obtained is very good, one of good choice for investors to gain profits. Casino profits are very attractive
hero member
Activity: 700
Merit: 501
★YoBit.Net★ 1400+ Coins Exchange
very interesting projects. I like this and joined to the signature campaign.  Smiley
how money 1 token?
sr. member
Activity: 574
Merit: 250
very interesting projects. I like this and joined to the signature campaign.  Smiley
legendary
Activity: 2688
Merit: 1480
till 25.07
maybe http://cryptox.pl/ is an option, they provided redeem codes for byteball. This could be an option for the dividends

About Exchanges. Which exchanges you planing will add for trading? I see - you planning dividend, but many big exchanges no love dividend. For example, Bittrex :

"Note that we cannot list currencies where its primary purpose is to support illegal gambling, illegal drug sales, or any other activity that is illegal in our jurisdiction.  We also cannot list currencies that would be construed as a security such as digital currencies that promise/market profits or represent shares of a company.  At our discretion, we may require an additional compliance fee for listing.  These happen in the extraordinary cases where your coin's use case is extremely complex and requires significant research by our staff to determine suitability. "

https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex



It would be hard for us to get an immediate access to the biggest exchanges due to the nature of our business. We should prove our commitment and have legal structure before applying for listing.

It will depend on whether we succeed in raising the sufficient amount of capital.  Before that, we expect our tokens be traded on other less regulated exchanges and we'll keep you informed about the progress of its admission
I think it will be very difficult when entering the Bittrex market,they will not accept coins that have the concept of dividends
maybe Liqui or the other. but there is no harm in trying to get listing bittrex
hero member
Activity: 776
Merit: 522
About Exchanges. Which exchanges you planing will add for trading? I see - you planning dividend, but many big exchanges no love dividend. For example, Bittrex :

"Note that we cannot list currencies where its primary purpose is to support illegal gambling, illegal drug sales, or any other activity that is illegal in our jurisdiction.  We also cannot list currencies that would be construed as a security such as digital currencies that promise/market profits or represent shares of a company.  At our discretion, we may require an additional compliance fee for listing.  These happen in the extraordinary cases where your coin's use case is extremely complex and requires significant research by our staff to determine suitability. "

https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex



It would be hard for us to get an immediate access to the biggest exchanges due to the nature of our business. We should prove our commitment and have legal structure before applying for listing.

It will depend on whether we succeed in raising the sufficient amount of capital.  Before that, we expect our tokens be traded on other less regulated exchanges and we'll keep you informed about the progress of its admission
I think it will be very difficult when entering the Bittrex market,they will not accept coins that have the concept of dividends
maybe Liqui or the other. but there is no harm in trying to get listing bittrex
certainly it's difficulty to get dividend paying coins listed on bittrex, taas team have tried it but were not successful.

any plan to accept waves or stratis in ico?

Hey,

Currently, we stick to ETH, BTC, LTC, DOGE. We might review this prior to ICO, but can not promise anything.

Regards,
Alex
legendary
Activity: 1612
Merit: 1001
About Exchanges. Which exchanges you planing will add for trading? I see - you planning dividend, but many big exchanges no love dividend. For example, Bittrex :

"Note that we cannot list currencies where its primary purpose is to support illegal gambling, illegal drug sales, or any other activity that is illegal in our jurisdiction.  We also cannot list currencies that would be construed as a security such as digital currencies that promise/market profits or represent shares of a company.  At our discretion, we may require an additional compliance fee for listing.  These happen in the extraordinary cases where your coin's use case is extremely complex and requires significant research by our staff to determine suitability. "

https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex



It would be hard for us to get an immediate access to the biggest exchanges due to the nature of our business. We should prove our commitment and have legal structure before applying for listing.

It will depend on whether we succeed in raising the sufficient amount of capital.  Before that, we expect our tokens be traded on other less regulated exchanges and we'll keep you informed about the progress of its admission
I think it will be very difficult when entering the Bittrex market,they will not accept coins that have the concept of dividends
maybe Liqui or the other. but there is no harm in trying to get listing bittrex
certainly it's difficulty to get dividend paying coins listed on bittrex, taas team have tried it but were not successful.

any plan to accept waves or stratis in ico?
sr. member
Activity: 951
Merit: 252
definitely interested in this ICO
sr. member
Activity: 770
Merit: 251
live the dream but don't live the dream
About Exchanges. Which exchanges you planing will add for trading? I see - you planning dividend, but many big exchanges no love dividend. For example, Bittrex :

"Note that we cannot list currencies where its primary purpose is to support illegal gambling, illegal drug sales, or any other activity that is illegal in our jurisdiction.  We also cannot list currencies that would be construed as a security such as digital currencies that promise/market profits or represent shares of a company.  At our discretion, we may require an additional compliance fee for listing.  These happen in the extraordinary cases where your coin's use case is extremely complex and requires significant research by our staff to determine suitability. "

https://support.bittrex.com/hc/en-us/articles/202583854-Submitting-a-Coin-to-Bittrex



It would be hard for us to get an immediate access to the biggest exchanges due to the nature of our business. We should prove our commitment and have legal structure before applying for listing.

It will depend on whether we succeed in raising the sufficient amount of capital.  Before that, we expect our tokens be traded on other less regulated exchanges and we'll keep you informed about the progress of its admission
I think it will be very difficult when entering the Bittrex market,they will not accept coins that have the concept of dividends
maybe Liqui or the other. but there is no harm in trying to get listing bittrex
full member
Activity: 239
Merit: 250
wow, crypto gambling sites having their own ICO,
looks like a whole new step for crypto gambling world  Grin
legendary
Activity: 2018
Merit: 1108
Take part in our >bounty campaign<. We're looking for bloggers, news article writers, YouTubers and what not. Don't miss out!
full member
Activity: 1092
Merit: 101
Looks like this new ico has a future to participate here because I look conceptually and detail this project very well.
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