Topic: [ANN] ⚽️ FansUnite ⚾️ Sports Betting on the Blockchain - page 15. (Read 6746 times)

Yes, but none that had the track record, results, and passion that the Sabercruncher team showed.

Was there any other deep learning companies you were looking at before Sabercruncher?

Fascinating article, thanks for the share. I'm going to see about getting some of those bounties

The Founder is sitting across from me right now. Him and his team will work out of our office most days. So, all of our meetings thus far have been face to face.

great partnership with  SaberCruncher, they own lots of betting history data. Will be a boost for the upcoming ico and release

Good answer. Have you had face to face meetings with SaberCruncher, or is it handled remotely?

Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus.

Wow, had no idea you guys had been around since 2014.

By creating our own digital currency and eliminating much of the spending bloat of traditional sportsbooks, such as payment processors and brick and mortar overhead, we are able to offer bettors more equitable odds. There's a reason sportsbooks are synonymous with printing money, and its certainly not because they offer fair pricing to bettors. Our primary goal is to improve conditions for sports bettors and create a platform we ourselves would be excited to use. We also believe that individuals will have stronger purchasing power through use of the FansUnite token. Our incentives are also aligned with that of our token holders. It is in our best interest, from our individual perspective and that of the platform, for our token's purchasing power to increase.

The main reasons why we feel a need to create our own token are to ensure the incentives of our development team, ourselves, and our partners are aligned with our token holders. We can't really significantly affect the price of Ether, for example, but we can increase the purchasing power of our tokens by driving demand for it. The use of our own token will also, hopefully, help foster a sense of community and pride amongst token holders. If you are a token holder, and have an interest in the value of such token, hopefully you will help that token appreciate in value, as you are incentivized to do so with an increase in your purchasing power. Further, as you've pointed out, we do need our token to store capital and help fund this project.

https://www.linkedin.com/in/stephenarothwell/

Do you have Rothwell's LinkedIn handy?

Hi all, pretty cool post on Medium by our new team member Stephen Rothwell talking about machine learning and bookmaking. Check it out here: https://medium.com/fansunite/machine-learning-in-bookmaking-9311bbf8bd3f   Also a reminder that our bounty program is ongoing and a lot of tokens are currently going unclaimed! This would be a perfect article to post, thanks guys.

I'm curious what the biggest reasons were for you to decide to use tokens on this platform?

Yes I do. We have a lot more built then most projects and are not starting from scratch. If you look at FansUnite.com, you will see it is close to a fully-functional sportsbook already. MLB will be ready for sure by April for Alpha Launch.

Very cool roadmap. You really think it will be ready for Alpha Launch by April?

Our Roadmap is now available here - https://fansunite.io/roadmap

Here is a Medium post with some additional information: https://medium.com/fansunite/fansunite-roadmap-released-8c7233e3cad9

I'm glad to see you're dedicated on keeping the low margin.

I don't think we would, but I can't speak for everyone on the team, nor can I speak for the community, but personally I would not move from the 1% margin. It's not our intention to be a super profitable company, however. Our value will derive from the appreciation in purchasing power of the token, not from being outrageously profitable. Our goal is to cover our operating costs, perhaps a bit more, and for there to me massive demand for our token. This would reward our community, early adopters, and ourselves. That is our end game.

All of that being said, I am very confident we will be able to operate with these low margins. Not only have I seen under the hood of SaberCruncher and their ability to accurately create industry leading sharp lines, but we are also in talks with another group that would only complement our existing capabilities. For a company such as ours to make claims of welcoming winners, not limiting individuals, and welcoming arbitrage betting, we need to be extremely certain in our ability to deliver.

You need all the advantages you can get with such a low margin. What if it turns out to be unprofitable? Would you consider bumping to 1.5%? Pretty sure that still puts you below everyone else.

Yes, we will be. We've tested it over a number of sports, and SaberCruncher has been doing it for years now. It is one reason that we can confidently offer our industry low 1% margin. There will be more articles expounding on this coming out in the next week so that you guys can see why we are confident in our abilities to produce.