Topic: [ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts - page 106. (Read 243361 times)

Oh and, by the way, at least one post has been deleted. Peculiarly enough, one that has been repeatedly quoted (by you, among others), before deletion. Go figure.

i disagree. its good practice to self-moderate an "official" ICO thread. 

It will be. There's no other purpose to it.

but it hasn't been censored. 

Thanks for answering and identifying yourself Jay.

The excuses for the censored thread are just not serious, sorry.

In other words, zero transparency in effect, since not even you are willing to identify yourself and prefer to remain hidden behind the handle. Check.

No amount of caustic rhetoric will dim the fact that, in most of the US, gambling is illegal. And federally prosecuted. By several agencies, more notably the FBI. So, to be quite clear, except for residents of Nevada and Atlantic City, gambling in your sites will be an illegal activity no matter where your sites are registered in. Digital currencies themselves are already regulated in New York, with much more coming in there and everywhere so this gambling operation, as far as the US is concerned, is a non-viable enterprise.

The "pro" endorsement/marketing plan... well, these "celebrities" are so, in a quickly diminishing way, in the world of poker ONLY. And not nearly the cream of the crop in that world either. The poker tour has been demoted to "infomercial TV time" already for a long time. And the "endorsements" these "pros" can get these days are nil. None... since the best ones they used to have years ago were for "gaming websites" that have gradually disappeared to federal prosecution and the remaining ones being shot down one at a time... regardless where, geographically, they are based. So the actual value of that support is doubtful at best.

There is also still no explanation of what Bergstake is (in a comprehensible way, I mean) but, at this point, in what concerns me, it is no longer necessary for I don't consider your project to be viable, sorry.

I am Jay Berg and my handle is jaybny. I dont use any other handle, I do help out OP with html, so I am able to post as BreakoutCoin , but for the most part im jaybny.

its a self-moderated thread, and I dont believe any posts are being deleted. There are many reasons for a moderated thread, and is common practice for announcements. Please feel free to start a new thread on the topic, which wont be moderated.

In the PRE-ANN thread,  there was a scammers impersonating "breakoutCoin" by adding an "s" , breakoutcoins, and he posted a bitcoin address and was trying to scam, this is the reason for a self-moderated thread. 

You cannot have it both ways. The ONLY reason to have a censored thread is to de facto eliminate freedom of speech and there's no legitimate way to justify it.

No "ifs' no "buts".

The last sentence got me 

http://www.cardplayer.com/poker-news/17851-man-saved-by-slot-machine-as-police-were-about-to-arrest-him-over-unpaid-fine

Bonner Bellew and Joshua Wells and their newly formed Soda & Lime is responsible for our Creative Design and Social Media outlets.  When we mention “team” we are talking about anyone who has contributed to the project.  Sorry about the confusion.

Each “Marketing Pro” has their individual deal and not available for disclosure on a public forum.  However, I can tell you they are all committed to the project entirely and believe in the future of cryptocurrency (although not all have extensive knowledge of crypto tech   ). All the pros will be participating for the long-term foreseeable future (hint: marketing agreements) with the promotion of the BRO coin and gaming sites.  Gamers will get a chance to play with the “pros” in freeroll tournaments and “live” games when available. While the marketing pros are used to large 6-7 figure compensation, we feel very fortunate we were able to persuade them to join our team with only BRO and a dream.  

As mentioned in a previous post, Breakout Gaming will be positioned to address both players’ desire for privacy and regulators demand to meet both KYC and AML rules.  Breakout Gaming separates itself from typical crypto gaming sites by making sure that its games and features will only be deployed in “legal-to-play” markets.

We are also adding new members to our "pro team" as Brand Ambassadors.  Do you have what it takes to be a top gaming pro? Do you Dominate your opponents? If you are a world-class eSports competitor, Poker phenom or feared Fantasy sports pro and interested in opportunities as a Breakout Brand Ambassador, please contact us at [email protected].

barrabbas,  this thread is handled by multiple support staff in order to answer questions and respond to posts such as yours in a timely manner. Some of the members have introduced themselves and others have created new accounts to show support.  If a member wants to create an account using his legal name, we are leaving the decision up to each individual.  The names of very prominent people on our team that have been made public should speak for the credibility of the project.  Please follow the links to the core team members profile pages.

http://fundraiser.breakoutgaming.com/the-team/
http://fundraiser.breakoutgaming.com/all-stars/

Why a censored thread?

While we believe in free speech, we do not believe an individual has a right to deliberately use that freedom with the sole intent to cause harm. This type of answer has been explained more eloquently by others as argument of a moderated thread, so no need to get into a long answer.  We do understand that there are those who feel moderated threads are unnecessary.  

To clarify, the 67% only represents the first two years, in subsequent years that figure will diminish and be marginal, let us explain.
The developers, marketing pros, founders, investors, consultants, writers, design team, social media, accounting, legal, PR, etc.. all are sharing in the pool of initial 2.5 million coins.  What is the calculated pre-mine percentage over 10, 20,30 years?  In relation to the total amount of 200+ million coins to be available over time, it is a small percentage.  We wanted to be up-front and release the 2-year numbers in order for people to make their own judgement fairly as to whether or not they wanted to invest in the project and if the talent and team assembled for the project warrants it.

In the beginning of the project, we had a very difficult time persuading top talent to join our team in exchange for “virtual” coins or computer code.  You can imagine how that conversation went?  We were able to compensate a lot of the talent for far less than what they would normally accept because eventually, they believed in the marriage of gaming and cryptocurrency.  

The 4.5 million BRO that is being offered in the "coin sale" will primarily go to market the coin and the gaming platform.  Establishing BRO as a leader in the gaming community will be our top priority.  There will be costs associated with maintaining a development staff and operations, but money will be poured into marketing.  Keep in mind, there has already been substantial monetary investments into the project, developing software, legal, gaming staff, creative design and social media campaigns, etc..  This will be an International Gaming project in scope. The amount of traffic we are planning to drive to our platforms has previously never been seen before in the crypto space.
 
We feel strongly that in order for a coin to survive, there needs to be a huge market that drives demand and liquidity for the coin (maybe a bad example, but think Silk Road and what it did for Bitcoin's price at the time).  At present, over 50% of all crypto transactions are related to gaming and the inherent properties of cryptocurrencies makes it a perfect match.  Gaming is now a $40B market and Breakout Gaming is poised to bring cryptocurrency iGaming to the masses.

Until now, the entire crypto gaming space has been severely limited to grey market businesses.  Breakout Gaming will be the first to be legally licensed and regulated in all the jurisdictions that we offer our suite of games.  This allows us to accept “fiat” payment processing and acquire banking services that unlicensed gaming businesses are denied. “Fiat” payment processing and banking is important because it opens up the entire world to market our products by allowing easy access to buy chips/credits denominated in cryptocurrencies.

The 7 million giveaway allotment of coins will be used to reward the crypto community with referral incentives, player bonuses, freerolls, etc… The entire distribution schedule is available on our breakoutcoin.com site in detail. This distribution model will allow us to distribute BRO to a wide and diverse group of people that will ultimately help support and provide liquidity for the BRO market.  The 7 million coins are a pre-mine, but by the end of the 2 year PoW period, we will have completely given away the entire pool to the crypto and iGaming community.

Disclaimer: Breakout Coin and Breakout Gaming are two separate services/entities.  Breakout Coin is offering BRO coins for btc. By participating in this "coin sale," you are not purchasing interest in Breakout Gaming.  You are solely participating in the "coin sale" of a crypto coin that happens to have a gaming company that supports the BRO coin by having their chips denominated in the BRO crypto coin.

As specified in the first paragraph in the Terms and Conditions:

WARNING:  Do not purchase BRO if you are not an expert in crypto tokens or currency and blockchain technology.

This coin sale is not an offer of investment or securities in any business, venture, or company, or in any form of gaming operations or activity; purchase of BRO does not entitle the buyer to any interest in any profits or revenue of any common enterprise arising from the activities of others.

Thank you. I hope your BRO never merits one.

Except for one thing: You guys use anonymous handles here... I assume you are Jay Berg. am I right? And if so -and that and every case, why not use your real names instead of anon handles?

Another thing: The whole concept of Bergstake is totally new and, to me ay least, not clearly explained either here or in the website: What exactly is Bergstake? What exactly is Bergstake in relationship to BRO? After PoW, only Bergstake -whatever it is- can mine BRO? What's the difference between BRO (virgin) and BRO "used" (purchased).

Yet another thing: A very big amount of BRO (and Bergstake, I assume) is reserved for various concepts, without any particular figure assigned to each. For instance, how much will go to developers? how much to marketing/promotion (and here the concept is even more confusing for Wells and his Soda & Lime are part of the "team", whatever that means... is it team of developers?

You are taking, if I am correct in my calculations, 67% of the entire project -a significant portion of it in advance, through the ICO- for "the team" --- and future development. But of that future development, we are left to see nothing. Of course there will be new features, but which are the aim? The coin is already energy efficient, already covers most games, most betting will be quite possible also, so what "new future features" are we talking about? The ones mentioned in the site are already available in other coins and can be copy/pasted or leased rather cheaply...

As for the "pros", what is their level of involvement? Are they just being paid for lending their name to support the project or do they have any future activity/interest? If they are simply endorsing the project, how much are they being paid and for how long are they committed?

Finally, what happens when regulation comes -and it IS coming, in the US-. I am assuming you are based in the US... What happens when gambling is prosecuted as an illegal activity in the US?

Sorry I have so many questions but I believe most people interested in buying into this project will appreciate clear answers... from real people with legal names.

Thanks in advance for those.

Edit to add: Why a censored thread?

Welcome Barabbas,

I enjoy reading your posts on the "Wall of Shame" 

so when are the games going to launch?

The ICO purchase window will be 3 weeks long.  Once the purchase period starts, there will be a new countdown to the deadline.

barrabbas, we have over 40 members working on this project and many of them were unfamiliar with cryptocurrencies until joining the BRO team.  Please forgive us if there has been any confusion, most of us are trying to say hello in support of BRO.  I believe most of the team have introduced themselves and their respective roles.  Feel free to ask any of the posters if they are related to Breakout Gaming and their respective roles in the company.  Thanks.

**edit** Breakout Gaming has the most transparent team in the entire crypto community.  Most of the core members are listed on our breakoutcoin.com site.