Topic: BitcoinTournament.com (Read 6033 times)

I am not sure If I am still going to do this. I know I will no longer offer shares because with the violtilaty of the curent btc to usd rates. I think I will make my decision after finals. However, if someone would make a website for a vcc with $29 and .9 BTC I would definetly do this. Actually all I need is a plugin.

i just did the survey ... hope that info helps if your still giving out the .5 you can send it to ...


looks like its down for maintenance lol that sucks

I just saw this and was wondering if u r still doing this?
i went to ur website and went through the powerpoint and really liked the idea and if you are still selling shares i want to  buy them.

p.s. i just started the whole mining thing today and i am really excited about this idea of tournaments.

just out of curiosity did you make the website or was it someone else and which software was used to make it??

Well, glbse is actualy amazing simple to use if you are not isueing(sp?) shares(well thats more of a problem with vmware). It is good to know people would participate if it is created, but without any funding I will only be able to create a crude website where all transactions would need to be manual with my own bitcoin wallet. It is however in my opinion a viable option to create a crude website without funding to pay for the creation of a good website, however that would be months down the road.

If you would put it together, I would participate. However, I will not be buying stocks (too lazy to learn glbse, plus no money to invest).

I was just wondering if there is any intrest still in this, as I still would like to pursue this project but I have not had any time the past two weeks with a hectic school and sport schedule. If there is intrest the stocks will almost definetly be up tommarow as I beleive I found the way to create a stock on glbse with the vmware client.

Sorry, I will not be giving out any more BTC to complete the survey, however that is good feedback. I will consider more multiplatform games, however many games can be played in linux through wine though.

you have to include more games multiplataform like Nexuiz or MegaGlest!
this isn't a Windows/Mac world :S

i do the survey, if you want to give me something 13NVDC9iVztTiKn5jf8vot6yx3mzi2xQXS

Hi,
I am currently in the process of creating the asset on GLBSE and I decided to post a shareholder contract. This is the contract that will govern the actions of the company in regard to shareholder. This contract is a modified version of the standard GLBSE stock contract. I have not signed it with PGP however, because I do not see the warrant for installing the client to sing a singal document. Shares will be sold under the ticke UBIT>
-Begin Contract-
Univseral Bitcoin shareholder contract

The holder of this certificate(from here on known as a shareholder) is a holder of one share of the organisation Universal Bitcoin.

That is, the owners of these shares are the owners of the organisation, such that all assets held and profits earned by the organisation are the property of the shareholders.

Each share entitles the holder to one vote in motions put forward by the organisation, such that the ownership of 10 shares entitiles the owner to 10 votes, and so on.

Profits are the income remaining after expenses including operating costs, and research and development of new technologies or services, establishment of reserve funds, and any action that the organisation see's nessecary to take part in.

All profits earned by the organisation will be paid to shareholders as a dividend, such that these profits will be divided equally among all shares.

Dividends are to be paid on a quarterly basis.

Each share entitles the holder to one share of the organisations profits.

In the event of winding up of the organisation and liquidising of it's assets , after the payment of the organisations creditors,
the shareholders will be paid all remaining liquidity, divided equally among shares, such that one share entitles the holder to a single share of liquidity.

Appointment of a Chief Executive Officer(CEO), a company secretary, a company treasurer requires the approval of at least 51% of shares in a vote on the appointment in a motion.

The decision to wind up the organisation (and therefor liquidate it's assets) requires the approval of at least 51% of shares in a vote
on the issue in a motion.

A change in the organisations requires the approval of at least 51% of shares in a vote on the issue in a motion.

Motions can be put forward for voting by either the organiations officers, or by 30% or more of shares, and require the vote of 51% or more of shares to pass.

No shareholder is liable for the actions of this organisation, or of any of it's officers or anyone who performs any action or task for this organisation. No shareholder is liable for any debt that this organisation takes on.

The limit of liability of a shareholder is solely limited to the capital already invested in this organisation when this share was purchased, and no further.

Founding CEO
Pwrleveld(bitcoin forum username)
Email: [email protected]
-end contract-
Thanky you,
PwrLeveld

-dood I like the gif as it is pops out very well.
-2nd_lawl There will be all kinds of tournaments and beleive counterstrike will likely be within them.

For an update on the current status of the stocks. I am downloading all of the required software to operate a glbse acount right now. To mention to all posible investors that are scared by glbse it is actually easy enough to use if you just follow the tutorial while using it and pay atention. The stocks should be up tonight or tommarow, however I am not sure. I advise if you invest to buy more than 1 stock because the quicker I raise enough startup funds the quicker I begin operating the site, so you profit quicker too.

Im interested in Counter Strike: Source Tournaments.

Currently, only preliminary planning has been done. I have decided upon what content managment system will be used,E107. I have also planned most of the pricing done for diffrent tournaments, and for a membership plan(more details later), and also other services that will be based both on seperate websites and plan on offering the purchase of steam games through bitcointournament.com.

The current timeframe is to have a updated website functional with 2 weeks with additional information but no actual functionality. The full website should be up in around a month depending on the time taken to find a developer and work out a contract.

To continue on the developer, I will initialy hire a developer part time, however when I acheive high enough profits, I plan on hiring a develop on a monthly contract to work on other bitcoin projects I have planned(for example an ad servicing company). The developer will initialy be payed on a per project basis, however this may change.

In addition, to explain the stock ticker I chose UBIT because when I have the money I will register the domain (snip for secrecy) as I plan on running a few websites, however more details on that will also come later or upon request.

Thank you for your valuable questions, as every question forces you to look within your plans and make sure they are stable.
edit- the snip

so you are valuing bitcointournament at .25 BTC x 300 = 75btc = $7.39 x 75 = ~$554
that seems believable

how much work has been done?

what kind of timeframe before you start public beta?

Is the developer full time or is he doing this in his spare time?

cheers and good luck

I ust wanted to post, that tonight I will begin selling shares at .25 BTC each. There will be a 110 shares avaliabe for sale, while there will be in exsitence 300 shares. I will keep a majority ownership(159 shares, my initial backer will receive 31 shares) in the company, until I feel safe enough to reduce my ownership in the company. The sale of stocks will initialy pay for a new webhost(my current host is unreliable) and for a developer to write a plugin that will allow for more automated payments and tournauments. The stocks will be sold on GLBSE under the ticker UBIT.

If you are wondering why bother investing, there is multiple reasons. First of all you will be payed quarterly dividends(more details later). In addition, stockholders will be able to vote on stockholder resolutions.

I will post on this thread when the stocks become avaliable. If you have any questions, do not hesitate to ask.

Okay, lol .
But back on topic, I think the first tournament will have a poll to decide what game it will be.

I would participate faceroll.

yes, that's a challenge

I do not believe so, but you could ask.

Is it posible to pay by month with that host, or only by year. I currently am operating on only aprox. 2.5BTC. The contract offer I have up is offered because by the time the contract would be fufilled, I would have the full 5BTC to pay. I do  not have enough to pay the yearly fee yet, but I will be able to, it would just be nice to pay the first month and then buy a year.