I really like the fact that GIF already has a fully operational platform, it is a profitable base for both investors and the future platform.
I take it you mean the VitalBet.com website? Yeah it's pretty great that we are investing in a project that has a solid working product that turns over millions of profit every year and has thousands of active users.
20%? I checked last time and it was mentioned that 80% profit will be shared with investors. BTW how is token sale is going on ? Stage 3 completed already?
Last time I looked it was 80% aswell, and that was one of the main sellings points for this project, is the high payment of profits distributed to investors/users
Why you say "80% only"? Its huge. Nobody share it like that. I really believe its true. Thats why I am part of the GIFCoin community. If they start progressing in the development, the profit will be huge. GIFCoin is for HODLers to reap full benefits.
Yes 80% is huge. There is lot of money in gambling industry and I expect GIF coin to earn millions of dollars profit per year. Thats why I also invested in GIFcoin.
Lol yeah, they company has to make some profit, if they gave away 100% of the websites earnings, that would be pointless. If you check the Whitepaper their aim is that every token you own will generate you $0.90 a year in dividends essentially.
Wow! and that's like 9000$ to those that own up to 10000 token, super cool and a must have token if you ask me, i am actually quite excited
Super cool profit. 1 ETH = 10000+3000 (bonus) GIFcoin. So by just investing one ETH today in future we can earn 9000 USD per year. Its really good deal.
That's not guaranteed though. That's if they hit their targets, Id assume it will be much lower realistically for the first year or two at least. But if they do, if you hold like 10-20k tokens you'll be laughing.
GIF team will use this ICO money to expand existing business, so in future players will surely go up. Also, even if we get 1000 USD profit and not a 9000 USD per year, still its good deal.
Don't forget. 80% profit sharing is not small at all. Its huge. No project has indicated such profit sharing strategy for token holders till today.
