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Topic: [ANN] ⚽️ FansUnite ⚾️ Sports Betting on the Blockchain - page 5. (Read 6684 times)

member
Activity: 392
Merit: 10
Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers

That is impressive, and that was years ago. I bet it's even more watched nowadays.
full member
Activity: 512
Merit: 101
Are there any new features still in the ideas stage that might not even make it in?
full member
Activity: 486
Merit: 101
So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan

Very solid plan it sounds like.

Yeah good uses of the tokens.
sr. member
Activity: 756
Merit: 250
Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers
full member
Activity: 476
Merit: 100
Are you guys seeing good results from your bounty campaign?
member
Activity: 392
Merit: 10
So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan

Very solid plan it sounds like.
full member
Activity: 512
Merit: 101
I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

Interesting, do you specialize in blockchain or betting?

I specialize in the intersection of corporate commercial with blockchain and digital asset law.

You sound like a useful guy to have around in a venture like this then!  Cheesy
newbie
Activity: 84
Merit: 0
So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan
full member
Activity: 486
Merit: 101
So what happens to unsold tokens?
sr. member
Activity: 756
Merit: 250
Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.
full member
Activity: 476
Merit: 100
I remember another token Hero, they have already a mature project for betting

Fansunite might not have a mature betting platform, but they at least have a good demo of it.
newbie
Activity: 84
Merit: 0
I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

Interesting, do you specialize in blockchain or betting?

I specialize in the intersection of corporate commercial with blockchain and digital asset law.
newbie
Activity: 84
Merit: 0
I remember another token Hero, they have already a mature project for betting

Hero only offers eSports. We offer everything from eSports to darts, to cricket, to tennis, to NFL, to English Premier League.
newbie
Activity: 84
Merit: 0
Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.
full member
Activity: 512
Merit: 101
I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

Interesting, do you specialize in blockchain or betting?
full member
Activity: 142
Merit: 100
I remember another token Hero, they have already a mature project for betting
member
Activity: 392
Merit: 10
Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.
full member
Activity: 486
Merit: 101
Is there a particular country the majority of the team is from or is it more globally based?

Everyone lives in Canada (except some of the advisors), and works out of the same office every day. Great core team that are used to working together and will be in it for the long haul.

That's awesome, are you guys Toronto based by chance?

Vancouver, though we are out in Toronto every few months.

So SaberCruncher is Vancouver based too?

Yep! The group works with their desks next to ours now every day.

Do you guys have any pictures or videos around the office? I'd love to see your setup.

There's a bit of a video in the background of http://victorysquare.com/, but we will try and get a proper one of the FansUnite team set up.

You guys still using victorysquare?
newbie
Activity: 84
Merit: 0
Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io
newbie
Activity: 84
Merit: 0
I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.
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