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Topic: Deleted (Read 471 times)

legendary
Activity: 1400
Merit: 1009
May 29, 2017, 12:33:58 PM
#4
I think it would probably be better just to straight up sell subscriptions, and possibly limit how many you can have active at a time. Making it a token/coin just makes it more complex, for basically the same thing. I might buy a subscription, but not if I have to buy a token.

What is your reasoning behind making it an actual token?

Lets the market decide the price of the arbitrage betting signals.

Price will rise to a level where only a minority of people will be able to afford to engage in arbitrage betting. - Completely determined by the market


Otherwise I'd set some arbitrary price, and would have to continuously poll my users regarding how much they make from arbitrage betting and how much they bet on average, so that I can offer a price that makes sense, and figure out how many users I should accept.


This allows for an automated, market-driven, fair and generally more efficient solution.


Let me know what you think


Regards

IMO the approach sounds very good but the incentive in any case will be your stats and the success of your signals. you said it is a comeback so what were your stats before?

good luck

They're arbitrage betting signals, so the win-rate is 100%.

Will finish the scraper and consider launching the token.

Thanks for your input.
I'd like to know how much profit you've made by arbitraging so far? i think many would like to know that, doesn't matter if it's big or small. also would like to know the price of token be.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed
May 28, 2017, 10:41:37 PM
#3
I think it would probably be better just to straight up sell subscriptions, and possibly limit how many you can have active at a time. Making it a token/coin just makes it more complex, for basically the same thing. I might buy a subscription, but not if I have to buy a token.

What is your reasoning behind making it an actual token?

Lets the market decide the price of the arbitrage betting signals.

Price will rise to a level where only a minority of people will be able to afford to engage in arbitrage betting. - Completely determined by the market


Otherwise I'd set some arbitrary price, and would have to continuously poll my users regarding how much they make from arbitrage betting and how much they bet on average, so that I can offer a price that makes sense, and figure out how many users I should accept.


This allows for an automated, market-driven, fair and generally more efficient solution.


Let me know what you think


Regards

IMO the approach sounds very good but the incentive in any case will be your stats and the success of your signals. you said it is a comeback so what were your stats before?

good luck
legendary
Activity: 2772
Merit: 3284
May 28, 2017, 05:57:46 PM
#2
I think it would probably be better just to straight up sell subscriptions, and possibly limit how many you can have active at a time. Making it a token/coin just makes it more complex, for basically the same thing. I might buy a subscription, but not if I have to buy a token.

What is your reasoning behind making it an actual token?
member
Activity: 96
Merit: 10
goo.gl/9jGNC2
May 28, 2017, 05:46:30 PM
#1
Deleted
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