Topic: flashcrash.io | an upcoming bitcoin gambling site with instant deposits - page 2. (Read 762 times)

Well, i think there is no end date mentioned on their site but their target is to get 20 BTC out of this fund raising. The fund raising is going at a good rate and i am hopeful it will be completed soon.  Looking forward to see the final product.

I have again visited the site and disappointed to see that funds  raised are still stuck at about 6 BTC raised. If the initial investments were so fast to raise 6 BTC why in the last 14 days there is no more investments ?    I think they need to promote more in order to raise the funds.
You can see it from here  https://flashcrash.io/invest.html

The early fundraising investment is increased, it was around 4btc at the first time OP created this thread and now it is 6.745btc. Is there an end date of this early investment or it is open until you release the final version of your game? Maybe you need to add some images on how your site may looks like. I believe you have a design already, I think it may help you to introduce your site better as well as to attract investors.

That's really cool that 25% of the funds are already gathered.
I hope the owners will utilize those funds and come up with an amazing gambling site.

Let's just wait for further announce from their team, as far as I can see about their site I think it's still in development as the thread title goes "an upcoming" which meansthat their site and games are not launched yet since the op is not yet active at this time.

Do you provide private preview of your gambling platform for possible investors?

I can't see any reason joining your fund raising due to lack of much more detailed information. You need to provide more transparency about your current team and github page perhaps to check your current progress.

Nice and great features? How can you give such feedback while it is not launched yet? Where did you find the info that there is no maximum withdrawal?

---

I think this is the first time I see a gambling site offers early investment privately. Surprisingly the private early investment has some investors already.

Nice website and good graphics the features are really great just that there are no games in there yet, how old is the platform and when is it going to be in operational, I like the fact that there is no minimum and maximum withdrawal and deposits. Hope you guys will also consider to take deposits in other cryptocurrencies.

For the sake of transparency, they could provide their address showing the funds, if this can lessen the doubt then why not?
After all this was done by others that conduct crowdfunding.

Reaching almost 25% funding isnt that bad but how can we sure that those arent just dummy investment schemes just to lure out people who would to jump in too?

Just said above even this is still on development we cant still be sure on how this will guarantee possible investors to make profits either in bankroll or sole site investor.You havent
even show us the concept of such site.How would someone be convinced to invest on?

We started accepting early investors a few days ago, and since then, about 25% of our funding goal has been met. This is enough for a rudimentary, working version of our website, although it will take a bit longer to complete. Hopefully, the remaining 75% gets filled.

For your information, there are already websites that have instant deposits, first site that comes in my mind is wixiplay, no confirmation needed for deposits.
As for the rest of your new features, i guess we have to wait

If you will do crowdfunding, I suggest you to have a roadmap and at least a one pager whitepaper that contains all your essential information and it will be ease to all of you. Yet, I'm still puzzle why you need to raise fund if you have said you already have sufficient fund to develop the project.

The previous poster literally answered all your queries by providing detailed explanations.

Its always risky investing in such websites which is why you need to do your research before deciding to invest or not. The website does look pretty simple currently.

All good questions!

So, there are two types of investors involved in this project: early investors, and bankroll investors. The site is currently open for early investors, who receive a permanent stake in the house commission. The house commission will always go up every day, regardless of variance, because it is a percentage of the total wagered volume. The funding raised from this round will go into sever costs, development costs, and initial bankroll for the site. Now, bankroll investors simply fund the house. If players lose, they win, and if players win, they lose. This is more profitable (usually), but there is a risk involved, and bankroll investors may lose money. On the other hand, early investors gain revenue every single day, but the amount of the revenue itself depends on the site's wagered volume, which still remains to be seen.

The current funding we have received is sufficient for rudimentary development of the site, with a slated release of perhaps July or so. We are looking forward to meeting the full funding goal - however, if the full funding goal is not met, this will not change anything. Early investors will still receive their share of the house commission (revenue from which they can withdraw at any time), and the site will open as per normal. In the (very) unlikely situation that the site fails to release, all early investors will be refunded in full.

The site look great. Looking forward to gamble my money on your site. But before gamble i want some answers. The site is under construction why you're accepting investment now,  can you tell us what's the benefits we gain by investing our money on that site which in still under construction ?

Why they are accepting investment? I believe it is to build up bankroll, so once they are released then they will have enough bankroll to start with their own starting bankroll plus the investment. What the benefits for investor? Surely it is just like other investment in gambling site bankroll, you can earn profit as you act like the house based on your investment amount. It seems that you have never invested in any gambling site's bankroll before.

@OP, your target of the crowd fundraising is 20btc, how if it will not reach that amount? Just a suggestion, I think you should use an escrow first for this earlier investors so people will not worry of something bad.

I like this feature of yours. I think with this added feature in your site a lot of people will be gambling not totally gambling but gambling for fun with friends involve.

I'm looking forward to this and will keep an eye on this thread.

Ok that is great. Also tell me know why are you accepting funds for investment on your site ? What is the actual use and benefit to us if we invest there as an early investors ?