Re: [ANN] TrueFlip - Become a part of the world's largest blockchain lottery +Bounty
Today at 07:46:12 AM
My experiences with TrueFlip after a few weeks:
First the good part:
I deposited Bitcoin some weeks ago and played lottery with it several times at TrueFlip.io.
The system to play lottery works fine and easy to handling. Through the TrueFlip videos at Youtube I learned how to calculate the lottery numbers based on the block after the draw on blockchain. It is very transparent, even for me as a non-tech-freak.
I am very satisfied: the system works stably. I have played several draws, and even once won a small amount, even the payoff works perfectly.
Small note: It would be good if Deposit and Withdrawal were done faster for the future (automatically instead of manually by the team).
Now my worries:
Convinced by the system, I read the whitepaper and the token-sale papers at the beginning of the ICO. So I bought several TFL Tokens and am now proud token holder.
The reason for the token purchase is in my case less speculative (I am not altcoin- or token-trader), but more because I want to benefit from the distributions for tokenholders. As I understand the whitepaper, 10-15% of the lottery will go to the tokenholder. I se that like a dividend on stocks.
But meanwhile, many new information is circulating and I am something confused... I'm reading about a lottery for tokenholders (why not? I am happy to receive a lottery as a free gift). However, this does not replace the promise of the 10-15% to the tokenholders, and I am really expecting and want to receive tokens or coins for the 10-15%, and not just lottery tickets. I mean; please do not exchange the dividends with lotteries!
I also read that the 10-15% dividends are paid out every few months.
I would like to have more transparency and some explanations on this topic, if one of the team members can find the time to explain this in a few words for us, the next days here in this forum?
Best regards
M
yes, these are my worries too, that they will exchange all the revenues for these free tickets only for token holders;
this would be the same as stealing our revenues and they keep the revenues...
and we get 1 or more free ticket(s) each month for a closed drawn only for token holders; well then true flip you may put your free tickets in this place where the sun never shines and give me my daily revenues, ok
I asked about this and they replied end September they have a plan with rules; they are developing at this point as we speak so to say
but yes i feel your concerns.. we get a free ticket(s) while they will keep all the revenues for themselves
and come up with a socalled political correct statement.
It will be ice cold reptillian clever and it will be the same as stealing our earned money because a free ticket we will be paying with our revenues in 2 days time period.
And the rest of the month (daily revenues) should be our own money not theirs.. but lets wait and see with what they come up... nothing else we can do
They should have stated this in the very first state not after the ico, it is very misleading..:
TFL’s provide their holders with the following opportunities:
o 10-15% of daily ticket revenues participate in a regular closed draw only for token holders;
and then this: the 10-15% dividends are paid out every few months.
personally i think it will be not in our good interests but theirs only. Why? Because every token holder will "get it" so when these tokens are out on exchanges and someone buys 1 token he/she will get the revenue too... but it will be a free ticket LOL... but what do I know. Revenues ARE NOT TICKETS TRUE FLIP
You will only be able to gain some profit by selling them at a higher price on an exchange.. no revenues for you but for them no matter how sugar coated they implied it at first.. also they wrote that the tokens are not shares (dividends) so here you go.. they will use this to explain their plan, you'll see. Nothing exclusive about having True flip tokens... The more tokens you have, the more revenue you will get -> the more free tickets you will receive hahahaha what a complete bullshit hahahaha sorry i took the bait glad i only bought a few.
Anyways it's always the same sh*t with these kind of people, nothing is as it seems right? I just can't be bothered with it really, i'll wait and see and sell them tokens and get it over with, when my thoughts are found right,, see ya
Hello!
Thanks a lot for your emotions and concerns.
Nothing changes.
The lottery for tokenholders was announced before ICO started. It is small bonus from us to tokenholders.
You concerns with revenues are understandable. But lets realise the situation. TrueFlip is working busyness. There are different rules about "dividends" in different countries.
The regular lotteries for tokenholders with award for everyone is the way to give to the tokenholders their revenues.
We want to make TrueFlip great and transparent project. Please remember that making things are usually take more time than talking about them.
And in the theory there is no difference between theory and practice, but in the practice it is.
Best regards,
TrueFlip.io