[BOUNTY][Token Sale: Oct 29] STOCKBET - Bet on Cryptos with working software!

Panforio

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Activity: 105

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Your Twitter Handle: @nyebakil86
Number of Followers: 923
Your Ethereum account address:0xAE9E2D7EA31f99ACE589dABc384FA7FC72A04853

https://twitter.com/nyebakil86/status/942484720776110082
https://twitter.com/nyebakil86/status/942484624936226818
https://twitter.com/nyebakil86/status/942484576324157440

Panforio

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Activity: 105

Merit: 10

Your Twitter Handle: @AnolyBr
Number of Followers: 924
Your Ethereum account address: 0x10ca49C1DF5A06bbd797234D9Ff0e288af147Ea6

https://twitter.com/StockBet_com/status/940003298337280005
https://twitter.com/AnolyBr/status/942483715946680325
https://twitter.com/AnolyBr/status/942483587710046208
https://twitter.com/AnolyBr/status/942483521758736384
https://twitter.com/AnolyBr/status/942483468730200065

Panforio

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Activity: 105

Merit: 10

Your Twitter Handle: @converori1986
Number of Followers: 957
Your Ethereum account address:0x608a7a10EC8AE5cA837b4B265808bfd172047907

https://twitter.com/StockBet_com/status/940003298337280005
https://twitter.com/converori1986/status/942478826021388289
https://twitter.com/converori1986/status/942478784229466113
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https://twitter.com/converori1986/status/942478695289315333
https://twitter.com/converori1986/status/942478085622059008

Panforio

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Activity: 105

Merit: 10

Your Twitter Handle: @nyebakil86
Number of Followers: 933
Your Ethereum account address: 0xAE9E2D7EA31f99ACE589dABc384FA7FC72A04853

https://twitter.com/nyebakil86/status/938873578728062976
https://twitter.com/nyebakil86/status/938159176655736832
https://twitter.com/StockBet_com/status/938920065860358144
https://twitter.com/StockBet_com/status/938920109262999553

Panforio

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Activity: 105

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Your Twitter Handle: @AnolyBr
Number of Followers: 931
Your Ethereum account address: 0x10ca49C1DF5A06bbd797234D9Ff0e288af147Ea6
https://twitter.com/AnolyBr/status/938870645777104896
https://twitter.com/AnolyBr/status/937422013953650691
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https://twitter.com/StockBet_com/status/938920065860358144
https://twitter.com/StockBet_com/status/938920109262999553

Panforio

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Activity: 105

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Your Twitter Handle: @converori1986
Number of Followers: 964
Your Ethereum account address:0x608a7a10EC8AE5cA837b4B265808bfd172047907

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https://twitter.com/converori1986/status/937416931937792000
https://twitter.com/converori1986/status/937416851046486017

Panforio

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Activity: 105

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Your Twitter Handle: @nyebakil86
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Your Ethereum account address: 0xAE9E2D7EA31f99ACE589dABc384FA7FC72A04853

https://twitter.com/nyebakil86/status/937425268003700736
https://twitter.com/nyebakil86/status/937425317911760896
https://twitter.com/nyebakil86/status/937425369237467136

Panforio

member

Activity: 105

Merit: 10

Your Twitter Handle: @AnolyBr
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https://twitter.com/AnolyBr/status/937421972266455043
https://twitter.com/AnolyBr/status/937422013953650691

Panforio

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Activity: 105

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Your Twitter Handle: @converori1986
Number of Followers: 967
Your Ethereum account address: 0x608a7a10EC8AE5cA837b4B265808bfd172047907

https://twitter.com/converori1986/status/935242131924451330
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https://twitter.com/converori1986/status/937416851046486017
https://twitter.com/converori1986/status/937416931937792000

johnwoodworth598

member

Activity: 518

Merit: 10

Quote from: johnwoodworth598 on November 27, 2017, 03:53:15 AM

Quote from: ?? on ??

StockBet.com

sr. member

Activity: 322

Merit: 250

Make A Bet on WORKING SOFTWARE

Quote from: johnwoodworth598 on November 27, 2017, 03:53:15 AM

Quote from: ?? on ??

Please read our comment on November 22. The sale and campaigns are over and closed. You no longer need to do anything, as no more rewards will be given.

johnwoodworth598

member

Activity: 518

Merit: 10

Quote from: ?? on ??

StockBet.com

sr. member

Activity: 322

Merit: 250

Make A Bet on WORKING SOFTWARE

Quote from: Panforio on November 26, 2017, 04:14:26 PM

Your Twitter Handle: @converori1986
Number of Followers: 964
Your Ethereum account address: 0x608a7a10EC8AE5cA837b4B265808bfd172047907
https://twitter.com/converori1986/status/934553304109023238
https://twitter.com/converori1986/status/933815308577632256
https://twitter.com/converori1986/status/933454868941074432

Please read our comment on November 22. The sale (and campaign) is over. You no longer need to tweet as no rewards will be given.

Panforio

member

Activity: 105

Merit: 10

Your Twitter Handle: @converori1986
Number of Followers: 964
Your Ethereum account address: 0x608a7a10EC8AE5cA837b4B265808bfd172047907
https://twitter.com/converori1986/status/934553304109023238
https://twitter.com/converori1986/status/933815308577632256
https://twitter.com/converori1986/status/933454868941074432

StockBet.com

sr. member

Activity: 322

Merit: 250

Make A Bet on WORKING SOFTWARE

Quote from: TTMNewsK on November 24, 2017, 09:16:55 PM

Why I cant see my name in the spreadsheet? :-(

Please check again.

TO ALL BOUNTY HELPERS

The campaign activities have been tabulated to the spreadsheets. Feel free to point out any inaccuracies.

However, please read our previous comment about the closing of the sale and the unlikelihood that the project will proceed. Please assume that it will not proceed.

TTMNewsK

sr. member

Activity: 350

Merit: 250

Quote from: TTMNewsK on October 27, 2017, 07:14:12 AM

Twittet handle: https://mobile.twitter.com/TTMNewsMJ
Number of Followers: 1650
Eth add:
0x47C74B5AF77a77E70422be67C83797B8590A7157
Slack username: TTMNewsKaye
RETWEETS AND LIKES:

1.https://twitter.com/StockBet_com/status/919630530701942784
2.https://twitter.com/StockBet_com/status/919900699164577794
3.https://twitter.com/StockBet_com/status/920065872978378752
4.https://twitter.com/StockBet_com/status/920446063038824448
5.https://twitter.com/StockBet_com/status/920366996801409028
6.https://twitter.com/StockBet_com/status/920624325761425408
7.https://twitter.com/StockBet_com/status/920684456045875201

Why I cant see my name in the spreadsheet? :-(

StockBet.com

sr. member

Activity: 322

Merit: 250

Make A Bet on WORKING SOFTWARE

We want to thank all of the helpers in the bounty campaigns.

Unfortunately, we are closing this phase of the Token Sale as we do not believe that we will raise sufficient funds and we will refund anyone who might have bought tokens.

Here are possible reasons, that we can come up with, for the lack of sales:

Our BullBear game is a bad idea. Betting on stocks is a bad idea. Betting on cryptocurrencies is a bad idea. Maybe there is insufficient demand. (Though, there is proof that there is demand for financial betting. IG Group, Nadex, Binary.com and many other companies provide Financial Spread Betting, Contract for Difference and Binary Options. IG made £456.3 million in 2016, despite being boxed into mainly the UK by regulations.)
Insufficient marketing. Some ICOs had terrible ideas, but they spent a ton on marketing and raised lots of money.
The number of ICOs have exploded. Many investors got frustrated and gave up because of the time needed to find good ICOs or to avoid scams. Or, they focused only on the high profile ICOs.
We should never have tried to start something that might ultimately need compliance or regulatory approval. This restricted what we can say or do.
We were not willing to ignore security and gambling laws.
- Other ICOs ignored them. They blatantly promoted their coin as an investment and how it will go up in value. They gave the middle finger to security regulators. They blatantly promoted their coin as part ownership of the gambling house and because the house always wins, their coin will profit from the winnings. They gave the middle finger to gambling regulators. We would not say either of these. If regulators come after a project, it will be bad, not only for the founders but for all of that project's token holders as well.
- To ensure that we're not selling a security or enabling gambling, StockBet adopted a strategy similar to EOS. StockBet’s site states that it will not list the token on an exchange. Therefore, the token cannot be converted to any other currency and may never have any monetary value (unless a third party puts the token on an exchange). Most ICO investors are flippers. They usually sell and lock in their profits immediately after the token is listed on an exchange, which they cannot do with StockBet tokens (unless a third party puts the token on an exchange). Investors love exits and liquidity, which StockBet was not going to provide.
- We promoted the StockBet Token as a way to play games. We treated people too much as customers, not as investors. The buyers did not see themselves as such. Most token buyers are only interested in making money, not in playing games. See: https://bitcointalksearch.org/topic/m.23694586
  
  User Yuuto asked:
  "I think the idea of social competition where people can match up with each other instead of having to deal with a boring order book is great and will boost the business. However whether or not an ICO is going to be worth an investment is doubtful. Where are the token's value actually going to come from?”
  
  User Coldsnap4457 replied:
  "The token's value is going to come from multiple sources
  - Winnings. Token holders are like the house. The house always wins.
  - The white paper says that a % of the house cut will be burned. So with deflation, the tokens will go up in value
  - Demand. Let's say people want to gamble in total $1 billion worth. They'll have to buy Stockbet tokens to do this. This will drive up demand for Stockbet tokens and its value.”
  
  User Yuuto replied:
  "True. Thanks for your clarification.
  So the plan is when the ICO ends, every single bet will be processed in the tokens that are sold in the initial ICO stage, correct? I mean this is definitely interesting and i've personally wanted something like this(1v1 bets) for a long time.
  Hopefully more people can hear about this project :-)”
- To ensure that we’re not on the radar of regulators, the StockBet website rejects buyers from U.S., Canada and China. Most other ICOs did not do this. We received this message:
  - "I was about to join in the token sale when I read that US and Chinese customers were excluded from the token sale.
    Are you not loosing out on a huge customer base?
    Will US customers generally be excluded even from betting on Stockbet?"

The above are guesses, as nobody will be able to do a survey of all the people who chose not to buy the token.

As stated on StockBet’s website, the plan was to have two phases of the Token Sale. The first phase is the one we are closing now. Phase 2 was planned for 2018. There is a slim chance that we host phase 2 if the following happens:

We raise sufficient funds to:

pay for a regulator-approved ICO
pay for proper marketing

If we can host a regulator-approved ICO, then we can clearly articulate the following:

We will list our token on an exchange (to appease the ICO flippers)
We will use funds to get a license for gambling
Tokens will go up in value because:
- Tokens represent the house. House always wins and winnings will drive up value of tokens.
- We will burn a % of the house cut, which will induce deflation and drive up value of tokens.
- If the market wants to bet a $1 billion worth, they will need to buy StockBet tokens, which will drive up the token’s value.
We will solve problems plaguing financial betting sites, such as the following (all of which can be solved with a cryptocurrency and smart contracts):
- Operator cheats. They tell you that you won $200, when you really won $300.
- Rogue employees steal your money.
- Takes days to open an account: You have to provide your passport, drivers license and utility bill to prove your residency.
- Takes a long time to deposit your money.
- While your money is in the operator’s pocket, you are stressed because you don’t know if it will get stolen.
- Can take 3 days to withdraw your money.
- Expensive fee to withdraw.
- Hackers steal your identity.
Our mission is to replace IG Group, Nadex, Binary.com, etc.

Therefore, we will keep the records of the tokens that bounty helpers have earned up until 2017-11-20, just in case we are able to progress. If we host phase 2 and it is successful, we will award the tokens, that you earned in phase 1, to you. Though, you should not expect that this will happen for certain. If it does not happen, please accept our apologies for wasting your time.

annazaitun87

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amir lusik

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[email protected]

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payMe - P2E

hello dev, did you have update any news about this project more people waiting for your update

Topic: [BOUNTY][Token Sale: Oct 29] STOCKBET - Bet on Cryptos with working software! (Read 3149 times)