[DOGE] Looking for investors so DOGE can be added to rapidballs.eu (15/20 left)

Howdy folks --

I thought it would be fun for folks if DogeCoin was added to http://rapidballs.eu, which is a keno-esque type gambling site with raffles and such as well for many other coins.

To get on the site, the rapidballs folks asked for investors -- those who are willing to put in 2,000,000 DOGE (with 500,000 of that being a donation, and 1,500,000 of it being reserved for a stake in the profits of the site).

Here is the full detail:

"About Invest
RapidBalls for DogeCoin would like to offer the community a chance to become involved in an opt-in profit share on any losing stakes. This means for RapidBalls that we can increase the minimum stakes currently offered with the increased BankRoll created by the investors.

1. How does it work?
RapidBalls offers 30% of all profits out to 20 people who participate within Invest. Each time someone loses a stake, we distribute the losing stake with a 70%/30% split, RapidBalls taking 70% for covering BankRoll losses and Investors receiving a share of the remaining 30%.

Example
100 Stakes are placed at 1DogeCoin each totalling 100DogeCoin. 31 of the Stakes placed win and receive the winnings out of the available BankRoll, the remaining 69 stakes are lost with this share being distributed.
70% of 69 = 48.3DogeCoin To RapidBalls towards Business profits, Bankroll losses and costs.
30% of 69 = 20.7DogeCoin To Invest Shareholders.

If you have 25% of the total investment given, then you will receive 25% of the payment: 5.175DogeCoin.

2. How much can you Invest?
We offer a capped system, we start on a minimum of 2m investment per person with a 20 person cap, once the 20 people have invested we will raise the cap to 500m to allow any of the 20 to invest as much as they like to gain more % of the losing stakes.

3. Can you lose DogeCoin?
We are charging 500k from each of the 20 people to put towards the costs and the remainder (1.5m) of the 2m investment will be at no risk and can be withdrawn after a 7 days request notice with a 15% commission charge on any profits made during the account lifetime.

4. Can you withdraw part of my Investment at anytime?
No, you must withdraw all of your investment when you decide to do so. With a 15% commission charge on any profits made during the account lifetime. As the Invest account will be closed.

5. How often can I withdraw my profits?
Any time they are available. Minimum withdraw is 1DogeCoin, subject to any transaction charges. Please note item 4.

6. Being Anonymous
We believe in your privacy so will not share your Username with any other Investor. We do show a numerical list with % of profit ownership against them.

7. Invest Control Panel
Being part of the Invest program you will receive access to a control panel that will offer you current betting on the DogeCoin RapidBalls web site along with, your current profits and profit % you have of any losing stakes.

8. Do you need to Invest to Join?
Yes, only those who are involved within the Invest Program can access the Control Panel."

If you would like to be involved, please send me a PM with your email address so I can forward it to the rapidballs admins for the next steps.

Topic: [DOGE] Looking for investors so DOGE can be added to rapidballs.eu (15/20 left) (Read 508 times)