Hello,
My name is Diogo Raminhos and I'm one of the co-founders of the website.
I'm not active at bitcointalk (in fact, I registered back in 2013 and never posted here before) but I've been a bitcoin user for a couple of years, I was also a big doge aficionado on the doge-golden-days (not so long ago).
I'm a full-time web developer and code is my passion.
I've implemented cryptocurrency websites before but only on freelance gigs.
So, Let me give you some more information on what's "under the hood" at BTC-Jackpot:
There's a kind of economy going with a game called CS:GO, where players have skins that have value since they can be sold for money - and those are starting to be very valuable nowadays.
A couple of months ago we had the idea of making a CS:GO "skin" jackpot, where players would deposit their skins and there would be a real-time, instant jackpot.
We decided to move forward with the website, had a huge success, a massive flow of traffic, a lot of sleepless nights in the process but we managed to grow to a very stable user base and very active website.
Now, since these game "skins" are controlled by a company (called Valve) and they have some very strange anti-fraud systems the accounts were frozen and we had to talk with their support - now this company support has millions of users to serve, issues have taken up to a month to be solved in the past.
With this forced pause we decided to focus on one of our initial ideas: seeing this concept applied to bitcoin.
I will play if funds are held by escrow
Do you have any experience with running these sites or are you new to it, OP? The site looks fairly new and so are your threads here and on Reddit.
The accounts that made the threads were created just 3 days ago, were you involved in cryptocurrency in any way before? How can we be sure you can be entrusted with the coins and the site won't disappear once enough money have been deposited?
We want you to have fun and feel safe, and we don't want to take any risks here by managing wallets, so we built our website on top of block.io and we don't hold any funds at any time other than the ones being betted on the current round.
It's truely instant so, you deposit and as soon as the deposit threshold is reached we'll make an instant transaction to the winner.
And we don't allow you to have any balances on the website, all the deposits go straight into the pool - for players who want to maintain a "wallet" on the website we recommend using block.io since we support green addresses and transfers from there are instant so we basically use block.io as an escrow service, being that the funds are only in our power during the round - and as soon as a winner is announced we make a transaction with the winner of the round with the values he won.
It's as easy as that, so we will only have in our power the amount of coins that are on the pot at that exact time, which makes the "disappear with enough money" scenario almost impossible - since we never hold fund there's no reason to run right?
But please check our reddit moderators, we may not have much crypto-reputation, but we have some user-feedback from the other website and we always solved things out.
Affiliate program?
We are working on it and will be posting some news in a very short time.
Is there any promotion plan in the following days?
As a new jackpot site, promotion is absolutely necessary.
We have been running ad campaigns on several networks and are currently doing some tests to see which ones convert better to use our resources in a smarter way, but we'll keep posting campaigns and advertising as much as possible on the upcoming days.
Think about some test round, or faucet with little claims for separated test games
We're thinking about that, and about how we can give our users the chance to try a jackpot.
I also want to thank everyone for their feedback, the team always appreciates it.
Thank you once again,
-Whiteagle (Diogo Raminhos)
