Pages:
Author

Topic: [ANN][ICO][dApp][Ethereum] Lucky Strike Game - page 25. (Read 9944 times)

newbie
Activity: 35
Merit: 0
newbie
Activity: 35
Merit: 0
December 02, 2018, 05:26:58 PM
#33

Is there typo mistake on that website it showing very less ago 10+ but it should be 18+ which is standard age for responsible gambling. It is good to know there is no soft cap for this project so it will continue with any amount what you will collect during this phase.

It's been fixed. We appreciate you feedback.
newbie
Activity: 35
Merit: 0
December 02, 2018, 05:20:31 PM
#32
Weekly report: 12/02/2018:

https://lucky-strike.io/demo.html is a very first demo of the Instant Game. The character, power, critical damage chance, miss chance depends on the size of the bet. Our goal is to make the display of the game results interesting, funny and unpredictable. (Please try it yourself and have fun!)

Important: The winner is determined by the Ethereum smart contract, and the game is just a visualization of results.

https://lucky-strike.io/#calculated-reward added a chart with tokens’ price and profit projections, however, you can make your own projections by changing those values ​​with the ones that you believe in. The values ​​that we set are realistic and achievable.
Ano
sr. member
Activity: 1148
Merit: 253
December 02, 2018, 07:35:05 AM
#31
Do I have to destroy a token in order to receive "dividends"? Does this mean that dividends can only be received one time? Why is it done that way?

https://lucky-strike.io/

You should look into Dividends section on website there is no such kind of definitions in term to receive dividends for holding the tokens. They will distribute the all profit among token holders on base of their holdings. 
full member
Activity: 518
Merit: 102
December 02, 2018, 07:26:05 AM
#30
Do I have to destroy a token in order to receive "dividends"? Does this mean that dividends can only be received one time? Why is it done that way?
legendary
Activity: 1050
Merit: 1001
November 30, 2018, 04:24:25 PM
#29
Hi everybody. This is a very interesting project that you have guys. Any updates on the development? When is the game going to be ready?
newbie
Activity: 35
Merit: 0
November 27, 2018, 08:14:07 PM
#28
What’s your revenue/profit projections?

Yes, sure, we did the preliminary calculations, but these are just educated guesses. The profit depends on a number of different variables, ARPU, retention, affiliate network growth rate, P/E-ratio etc. Some of them we know from our experience and some of them can only be guessed. We are thinking now how best to present all these numbers on the website in an easy to understand form.
full member
Activity: 259
Merit: 100
November 26, 2018, 08:03:24 PM
#27
What’s your revenue/profit projections?
newbie
Activity: 35
Merit: 0
November 26, 2018, 07:19:26 AM
#26

Is there typo mistake on that website it showing very less ago 10+ but it should be 18+ which is standard age for responsible gambling. It is good to know there is no soft cap for this project so it will continue with any amount what you will collect during this phase.

Thank you for noticing. This is not a parental guidance message. This is a poorly designed our gambling industry experience statement. We'll definitely change it. Thank you 😊
legendary
Activity: 1526
Merit: 1003
November 24, 2018, 04:38:27 AM
#25

Is there typo mistake on that website it showing very less ago 10+ but it should be 18+ which is standard age for responsible gambling. It is good to know there is no soft cap for this project so it will continue with any amount what you will collect during this phase.
newbie
Activity: 35
Merit: 0
November 23, 2018, 07:05:43 PM
#24
newbie
Activity: 35
Merit: 0
November 15, 2018, 10:48:11 PM
#23
Your ICO definitely sound different and potentially interesting. However, for now you don't have some key things, like a website, whitepaper, listed team, roadmap, ICO details etc. You also need to be present in social networks and post updates there. Also, it's really hard to understand how the game works even with the explanations you provided. I think that you need to make an animated video that will show how the infinite chance system works.

– House Edge 5%



5% house edge pretty high as compare with active gambling casino there are some popular gambling casinos offering standard 1% you should think about this and reduce to attractive level. I think people will be afraid to play there with high house edge.
It is high if it bets in favour of the casino, but this is not the case here, I believe. Players only play against each other and there's no house edge in this sense. However, the casino charges 5% from all of the transactions which is how it get profits.

As soon as the design of the game is completed, the gameplay will become absolutely clear. It will be also possible to see how other players play. As for the site and video, we are working hard on its production. Please stay tuned for our next weekly progress report.
newbie
Activity: 35
Merit: 0
November 15, 2018, 09:49:32 PM
#22



– House Edge 5%



5% house edge pretty high as compare with active gambling casino there are some popular gambling casinos offering standard 1% you should think about this and reduce to attractive level. I think people will be afraid to play there with high house edge.

With all of our experience let me tell you that 5% is absolutely normal for the online gambling industry. Especially if it includes affiliate payouts. Casinos have to make money. More players, more money they make. One of the industry’s trade secrets is that players play more not at casinos with a better edge, they play at the casinos which pay their affiliates better. Affiliates are the real gambling traffic owners. Go to any of the industry’s conventions, such as iGB Affiliate, and you’ll see it’s impossible to convince any of the significant industry players with just 1% house edge even if you are ready to give away all of it. 5% house edge is a very thought out number.
newbie
Activity: 35
Merit: 0
November 15, 2018, 07:25:14 PM
#21
Honestly, you explain about these strikes and I don’t understand very well - is it cool or not? From the investor’s point of view, you need to understand whether it is worth investing in this project or not. Will I earn by investing in this project or not?

Actually, that's the bottomline. They need to elaborate more on how a particular investor gain from their platform. Or this will end up in trading only? We will see once they release their website and other info.

Yes you are right. Please stay tuned to our next weekly update.
newbie
Activity: 35
Merit: 0
November 15, 2018, 07:16:31 PM
#20
...
Before, a bet gave you one shot. You won or lost. With Lucky Strike, a single bet gives you infinite chances.
...

The concept of “Bet & Own” sounds quite interesting and your statements, such as that the product will be fully completed instill some optimism, but amid a large number of thrash ICOs, I am wary of loud statements. Namely, I do not understand what it means to have infinite chances of winning. How does it work?

Every time a player places a bet, his bet is being distributed in the following way:

– Instant Game 85%
– Jackpots 10%
– House Edge 5%

As you can see, relatively small part of every bet goes into Jackpots. Jackpots is where the “Infinite Chance” principle works.

For example:

1. Jackpot: 10 ETH;
2. Player A bets 1ETH;
3. Jackpot grows for 10% from her bet (or for 0.1 ETH for that matter) and becomes 10.1 ETH;
4. Everyone who has ever placed at least one bet has a chance in Jackpots. For example, contribution to Jackpots from all players were 1000 ETH (including 0.1 ETH from the Player A, who places only 1 bet).
5. Chance to win the Jackpot for Player A will be: 0.1 × 100 / 1000 = 0.01%
6. Winner takes all the Jackpot
7. Next Jackpot is being formed and played in the same way.

Now Player A will have a chance in each and every of the infinite number of next Jackpots wether she won or lost in Instant Game or one of the Jackpots. If player A will place an additional bet, her chances in all of the next jackpots will grow up.

The more players placed their bets, the less their separate chances to win Jackpots (but Jackpots will be more lucrative). That’s the price of the Infinite Chance to win.

For more than 10 years of our experience in gambling, including lottery operations, it becomes obvious: when it comes to Jackpots, it’s not the winning percentage what’s important for a player, but the fact of having the chance. In other words, a player is not stupid, she embraces the fact that a chance for a jackpot is insignificant, but at the same time believes that he can be the lucky one to take it to the bank.

Lucky Strike approach combines classical gambling (Instant Game 85% of the bet goes to) and Jackpots with an infinite chance to win that are supposed to:

– Motivate players to play in Lucky Strike specifically, because the more you play in Instant Game, the higher your chances for Jackpots.
– Ease the pain of losing, because you still have a chance (and motivation to come back and check out if you won a jackpots and probably place another bet).

The end player doesn’t see all the complexity and for her it all represented by light, engaging, user-friendly gameplay.

Did I get it right?
If in the first day there were 100 bets placed, all 100 players have a chance in the future Jackpots.
The next day, 200 more bets were placed, all 300 have chances in the Jackpots.
...
After a month, say, 10000 players placed a bet.
500 more bets on a separate day. 10% from these 500 bets are on the table for the Daily Jackpot, and 10500 players have a chance? Right?

And yeah, I absolutely agree with others, make a proper project description so we can talk. At the first glance, you got an idea, but it’s a long way from an idea to a profitable project and I wanna be sure you’ve got what it takes to get the job done! Good luck!

Yes, you understood the way it works absolutely right.
We are working hard on the site. Also, we published a weekly report at the top of this thread, so anyone could see that the project is not just an idea.  We are moving, and we are moving fast. In fact, we are very close to completing the product and we know exactly how to market it to the players.
newbie
Activity: 35
Merit: 0
November 15, 2018, 06:33:37 PM
#19
Honestly, you explain about these strikes and I don’t understand very well - is it cool or not? From the investor’s point of view, you need to understand whether it is worth investing in this project or not. Will I earn by investing in this project or not?
We do understand what is important for an investor. We also understand the gambling market well. You will see it in our presentation, which we are going to post with our next weekly progress report. In the presentation you will find answers to many questions asked here.
newbie
Activity: 35
Merit: 0
November 15, 2018, 05:49:18 PM
#18
Hey guys, it’s not your typical ERC-20 smart contract, and Ethereum Virtual Machine has a bunch of limitations… So I highly doubt that the features announced can work on Ethereum smart contracts.
Least of all, we want someone to lose their investment on what we are doing. All the features we mentioned earlier are already hard wired in the smart contract and you can check it for yourself, the smart contract code is open and verified.
Links to the code are published in the weekly report at the top of this thread. If you have any questions regarding the code or any other questions please ask, we will answer.
jr. member
Activity: 102
Merit: 3
Purchase real estate and cars at discounted prices
November 15, 2018, 10:29:24 AM
#17
Your ICO definitely sound different and potentially interesting. However, for now you don't have some key things, like a website, whitepaper, listed team, roadmap, ICO details etc. You also need to be present in social networks and post updates there. Also, it's really hard to understand how the game works even with the explanations you provided. I think that you need to make an animated video that will show how the infinite chance system works.

– House Edge 5%



5% house edge pretty high as compare with active gambling casino there are some popular gambling casinos offering standard 1% you should think about this and reduce to attractive level. I think people will be afraid to play there with high house edge.
It is high if it bets in favour of the casino, but this is not the case here, I believe. Players only play against each other and there's no house edge in this sense. However, the casino charges 5% from all of the transactions which is how it get profits.
legendary
Activity: 1526
Merit: 1003
November 15, 2018, 10:15:31 AM
#16



– House Edge 5%



5% house edge pretty high as compare with active gambling casino there are some popular gambling casinos offering standard 1% you should think about this and reduce to attractive level. I think people will be afraid to play there with high house edge.
member
Activity: 180
Merit: 12
SecondBTC - Trade and Earn
November 14, 2018, 08:55:19 PM
#15
Do you have website for ico where all details of your ico along with team is available
Pages:
Jump to: