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Topic: Greetings from the new 🌟🌟MoneyPot🌟🌟 staff - page 11. (Read 10998 times)

sr. member
Activity: 353
Merit: 254
unibtc - Bitsler.com Developer
I was on my way on releasing my app under moneypot, but because of the sudden auction, i had to pause it for awhile and see where it goes. Now that its over,i have some few questions:
-will there be any changes once the transfer has begun?
-will it be same API?
-do we have to register an account again and create a new app?
- most app uses socketpot for their chat ( tho my app doesnt), will it still be available?
-is there any change on the commision for the app owners?

Thanks,
uni
legendary
Activity: 1400
Merit: 1021
What happens to the 775btc thats already invested on MP? I know ryan is not releasing that but do those investors still continue making profits when you guys take complete control? Or will they have to divest from old MP and reinvest into the new?

Ryan will be setting up a site where you can go to divest and withdraw your balance. No existing funds will be transferred to us.

Investors and players will then need to deposit with us if they wish to continue. So far a lot of the investors are happy with the new ownership and have already agreed to re-invest.
legendary
Activity: 3766
Merit: 4554
Contact @yahoo62278 on telegram for marketing
What happens to the 775btc thats already invested on MP? I know ryan is not releasing that but do those investors still continue making profits when you guys take complete control? Or will they have to divest from old MP and reinvest into the new?
sr. member
Activity: 406
Merit: 250
Really nice to hear in which direction it's going.

Wish you all the best of luck

I'm definitely staying tuned for more updates posts
legendary
Activity: 1400
Merit: 1021
Good luck to the New Team ,I guess this would be the best platform for the gamblers in the future.
anyways is that alex' from bitdice ?

No. Just shares the same name.
hero member
Activity: 553
Merit: 500
Good luck to the New Team ,I guess this would be the best platform for the gamblers in the future.
anyways is that alex' from bitdice ?
legendary
Activity: 1988
Merit: 1007
I was looking forward to who wins the auction on the site and i knew ranlo's team was a likely candidate but i never expected the team to be as big as it is. It will be interesting to see what new features you guys bring to MP and how it goes from here, the new bankroll will also be interesting because i fear some things might change there.

Im not 100% sure but you guys will change some of the rules right ? I mean how APP's HE works in general as some of them have a HE of 0.1 and maybe even 0.01 at cases ? Will this mean everyone will be pushed up more towards 1 ? Or are the big investors willing to go against the players on such a small HE ?

Some interesting times ahead.

P.S Graz to you guys.


We have had no talks about changing HE yet.

As for bankroll changes, the only thing we've discussed so far is that we're going to be allowing investors to choose their own risk tolerance (kelly). For example, you can invest 0.2 BTC at 5x kelly and it's as if you invested 1 BTC.

The xKelly part is understandable and pretty much standard among investing sites i believe. Will you also have something like a x.5 kelly ? Or will they only go up from 1 (P.S if it is too soon development/agreement wise i can fully understand)
HE questions are the ones what are the most interesting to me right now tho.

We haven't discussed the kelly ratios yet. What I can say is that likely (unconfirmed) there will be: 1/4, 1/2, 1, 2, 5, 10x. That's tentative at this point, though.
legendary
Activity: 1624
Merit: 1007
I was looking forward to who wins the auction on the site and i knew ranlo's team was a likely candidate but i never expected the team to be as big as it is. It will be interesting to see what new features you guys bring to MP and how it goes from here, the new bankroll will also be interesting because i fear some things might change there.

Im not 100% sure but you guys will change some of the rules right ? I mean how APP's HE works in general as some of them have a HE of 0.1 and maybe even 0.01 at cases ? Will this mean everyone will be pushed up more towards 1 ? Or are the big investors willing to go against the players on such a small HE ?

Some interesting times ahead.

P.S Graz to you guys.


We have had no talks about changing HE yet.

As for bankroll changes, the only thing we've discussed so far is that we're going to be allowing investors to choose their own risk tolerance (kelly). For example, you can invest 0.2 BTC at 5x kelly and it's as if you invested 1 BTC.

The xKelly part is understandable and pretty much standard among investing sites i believe. Will you also have something like a x.5 kelly ? Or will they only go up from 1 (P.S if it is too soon development/agreement wise i can fully understand)
HE questions are the ones what are the most interesting to me right now tho.
legendary
Activity: 1456
Merit: 1005
I was looking forward to who wins the auction on the site and i knew ranlo's team was a likely candidate but i never expected the team to be as big as it is. It will be interesting to see what new features you guys bring to MP and how it goes from here, the new bankroll will also be interesting because i fear some things might change there.

Im not 100% sure but you guys will change some of the rules right ? I mean how APP's HE works in general as some of them have a HE of 0.1 and maybe even 0.01 at cases ? Will this mean everyone will be pushed up more towards 1 ? Or are the big investors willing to go against the players on such a small HE ?

Some interesting times ahead.

P.S Graz to you guys.


We have had no talks about changing HE yet.

As for bankroll changes, the only thing we've discussed so far is that we're going to be allowing investors to choose their own risk tolerance (kelly). For example, you can invest 0.2 BTC at 5x kelly and it's as if you invested 1 BTC.

So for I have opened account only but never invested anything in moneypot site. But now looks like you guys have few plans to improve service further so I would like to invest some coins in this site. Hope to see your improvements soon.
legendary
Activity: 3766
Merit: 4554
Contact @yahoo62278 on telegram for marketing
Sounds like you guys are moving up and forward with this project

Can't wait to hear more about it. Would be nice to see some updates on how the developments are going

Wish you guys all the best with MoneyPot.

Im pretty sure theyre planning on showing everyone updates. Give them a chance to actually take control of the site first
hero member
Activity: 616
Merit: 500
Sounds like you guys are moving up and forward with this project

Can't wait to hear more about it. Would be nice to see some updates on how the developments are going

Wish you guys all the best with MoneyPot.
legendary
Activity: 1988
Merit: 1007
I was looking forward to who wins the auction on the site and i knew ranlo's team was a likely candidate but i never expected the team to be as big as it is. It will be interesting to see what new features you guys bring to MP and how it goes from here, the new bankroll will also be interesting because i fear some things might change there.

Im not 100% sure but you guys will change some of the rules right ? I mean how APP's HE works in general as some of them have a HE of 0.1 and maybe even 0.01 at cases ? Will this mean everyone will be pushed up more towards 1 ? Or are the big investors willing to go against the players on such a small HE ?

Some interesting times ahead.

P.S Graz to you guys.


We have had no talks about changing HE yet.

As for bankroll changes, the only thing we've discussed so far is that we're going to be allowing investors to choose their own risk tolerance (kelly). For example, you can invest 0.2 BTC at 5x kelly and it's as if you invested 1 BTC.
legendary
Activity: 1624
Merit: 1007
I was looking forward to who wins the auction on the site and i knew ranlo's team was a likely candidate but i never expected the team to be as big as it is. It will be interesting to see what new features you guys bring to MP and how it goes from here, the new bankroll will also be interesting because i fear some things might change there.

Im not 100% sure but you guys will change some of the rules right ? I mean how APP's HE works in general as some of them have a HE of 0.1 and maybe even 0.01 at cases ? Will this mean everyone will be pushed up more towards 1 ? Or are the big investors willing to go against the players on such a small HE ?

Some interesting times ahead.

P.S Graz to you guys.
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed

I would say that nothing is set in concrete yet and we are having a lot of discussions and ideas on how to move forward now, in the short term and in the long term.

The featured apps section will probably go through a couple of design phases to see what looks and works the best.

Regarding the no deposit bonus.

We would have no plans to offer a no deposit bonus funded by investors or Money Pot.
App owners are however free to use their own funds, either starting capital or commission from running their app, for any kind of promotion they can imagine.

If what you mean is a feature so that you can offer a no deposit bonus that requires a minimum wager amount before withdrawing but that the app owners still fund then that can be discussed and implemented.

Basically we are open to providing any tools and support needed to help with any promotion ideas you may have.

One thing to note is we will take all feature requests on board but certainly at first, and to answer yahoo62278's question, all these changes will not be made immediately.

Top priority is a smooth transition to the new owners/server with as little disturbance to app owners and players as possible.

Thanks for the support so far.

hi

the featured app section is one of the most important implementations that would be needed for all app owners. there will be many app owners who will be interested to be featured and many who not will want to be featured because they opened the apps for their own fun and friends. but those apps who want to be featured should be featured and there should be explicit rules for all and fair for all. here is our posting in full so I don't need to repeat it
https://bitcointalksearch.org/topic/m.13032377

as we are discussing the featured app section could you or someone else of the new group tell us who is doge digital? could it be that it is the owner of sharp dice app? because sharp dice is a featured app that is for about 20 days dead and coining a dice is for about 3 month dead and still in the featured list. that is just a shame because we = all the other app owners who would like to be featured are just left out but they could be in the featured list instead of the dead ones. and it can't be that if we for example would like to have our apps featured will get an answer " let's see some volume first"
where should this volume come from if you have a brand new app? sure from ourselves?
that would be to easy for some app owners who are wagering at their own app and there are a few nice examples for those apps who have a nice wager amount and listed in NLNicos list on top but already dead for a long time.
just was mentioning this because you guys mentioned the option to get the high volume apps featured. volume only would not be a fair method or rule IMHO

we were always using our funds for any promo we did. and to be frank I can't remember that the investors were helping or investing in any promo that app owners were offering as long as we are with moneypot.

and yes I mean a no deposit bonus that requires minimum rollover of xxx and the whole casino industry is offering this for a long time but Ryan did not like the no deposit bonus promos.

it would be good to have something like slack or whatever where app owners can discuss stuff with you guys because here in thread it does not make sense to talk about important
stuff it just will get lost with all congratz postings

sorry for my english

good luck


We're already discussing this internally. Again, we're not in control of MP yet. Again, we are going to work with you all to make things better. You're rushing something that we haven't even begun on yet because we have no control over MP yet. First things first: we get things up and running as they were. Then, and only then, will we start making changes.

Your featured app one is something we've already been discussing. We already have ideas on how to resolve it. But until we're at that point, there's no reason to rush it. Tackle one thing at a time, Smiley.

And who is on the featured list has nothing to do with us. We have no control over that yet. Dead or alive sites, it's irrelevant at this point. That will be resolved once we take over. And all site owners will be in discussions with us, going over how to move forward with some things. No worries. Just give it time.

(About the no-deposit bonuses, we did discuss this today. The consensus was that if individual app owners want to do that, it's on them. We will not personally be facilitating anything of that nature. However, new mechanisms can be added that allow app owners to have their own rollover requirements and the like)

@ranlo

please don't misunderstand my posting. we don't blame you or the new group for all those not solved problems. we also know that it is not an easy task at all or a walk in the park. I just wanted to point to some important tasks that were never taken care in a serious way. and lets put the reasoning aside.

I am sure that all app owners want you guys to succeed and bring moneypot business idea to the top of the top.

good luck

copper member
Activity: 2996
Merit: 2374
This should be very interesting. AFAIK this is the first deal that is anything close to the acquisition of a business by another business that are both bitcoin related on the forum. In other words, this is the first merger of bitcoin related business.

From an app owner point of view, there is no doubt in my mind that the site as a whole will be successful similar to how prcdice.eu/betking.io was/has been successful. The very large bankroll should attract large players of all types to play at the various MoneyPot apps.

From an bankroll investor/player point of view, the success obviously depends somewhat on luck and the ability to keep the site secured. Although it does appear that prcdice was kept secure for the duration of it's tenure based on it's overall bankroll profit. 
legendary
Activity: 1988
Merit: 1007

I would say that nothing is set in concrete yet and we are having a lot of discussions and ideas on how to move forward now, in the short term and in the long term.

The featured apps section will probably go through a couple of design phases to see what looks and works the best.

Regarding the no deposit bonus.

We would have no plans to offer a no deposit bonus funded by investors or Money Pot.
App owners are however free to use their own funds, either starting capital or commission from running their app, for any kind of promotion they can imagine.

If what you mean is a feature so that you can offer a no deposit bonus that requires a minimum wager amount before withdrawing but that the app owners still fund then that can be discussed and implemented.

Basically we are open to providing any tools and support needed to help with any promotion ideas you may have.

One thing to note is we will take all feature requests on board but certainly at first, and to answer yahoo62278's question, all these changes will not be made immediately.

Top priority is a smooth transition to the new owners/server with as little disturbance to app owners and players as possible.

Thanks for the support so far.

hi

the featured app section is one of the most important implementations that would be needed for all app owners. there will be many app owners who will be interested to be featured and many who not will want to be featured because they opened the apps for their own fun and friends. but those apps who want to be featured should be featured and there should be explicit rules for all and fair for all. here is our posting in full so I don't need to repeat it
https://bitcointalksearch.org/topic/m.13032377

as we are discussing the featured app section could you or someone else of the new group tell us who is doge digital? could it be that it is the owner of sharp dice app? because sharp dice is a featured app that is for about 20 days dead and coining a dice is for about 3 month dead and still in the featured list. that is just a shame because we = all the other app owners who would like to be featured are just left out but they could be in the featured list instead of the dead ones. and it can't be that if we for example would like to have our apps featured will get an answer " let's see some volume first"
where should this volume come from if you have a brand new app? sure from ourselves?
that would be to easy for some app owners who are wagering at their own app and there are a few nice examples for those apps who have a nice wager amount and listed in NLNicos list on top but already dead for a long time.
just was mentioning this because you guys mentioned the option to get the high volume apps featured. volume only would not be a fair method or rule IMHO

we were always using our funds for any promo we did. and to be frank I can't remember that the investors were helping or investing in any promo that app owners were offering as long as we are with moneypot.

and yes I mean a no deposit bonus that requires minimum rollover of xxx and the whole casino industry is offering this for a long time but Ryan did not like the no deposit bonus promos.

it would be good to have something like slack or whatever where app owners can discuss stuff with you guys because here in thread it does not make sense to talk about important
stuff it just will get lost with all congratz postings

sorry for my english

good luck


We're already discussing this internally. Again, we're not in control of MP yet. Again, we are going to work with you all to make things better. You're rushing something that we haven't even begun on yet because we have no control over MP yet. First things first: we get things up and running as they were. Then, and only then, will we start making changes.

Your featured app one is something we've already been discussing. We already have ideas on how to resolve it. But until we're at that point, there's no reason to rush it. Tackle one thing at a time, Smiley.

And who is on the featured list has nothing to do with us. We have no control over that yet. Dead or alive sites, it's irrelevant at this point. That will be resolved once we take over. And all site owners will be in discussions with us, going over how to move forward with some things. No worries. Just give it time.

(About the no-deposit bonuses, we did discuss this today. The consensus was that if individual app owners want to do that, it's on them. We will not personally be facilitating anything of that nature. However, new mechanisms can be added that allow app owners to have their own rollover requirements and the like)
legendary
Activity: 1974
Merit: 1014
All Games incl Racer and Lottery game are Closed

I would say that nothing is set in concrete yet and we are having a lot of discussions and ideas on how to move forward now, in the short term and in the long term.

The featured apps section will probably go through a couple of design phases to see what looks and works the best.

Regarding the no deposit bonus.

We would have no plans to offer a no deposit bonus funded by investors or Money Pot.
App owners are however free to use their own funds, either starting capital or commission from running their app, for any kind of promotion they can imagine.

If what you mean is a feature so that you can offer a no deposit bonus that requires a minimum wager amount before withdrawing but that the app owners still fund then that can be discussed and implemented.

Basically we are open to providing any tools and support needed to help with any promotion ideas you may have.

One thing to note is we will take all feature requests on board but certainly at first, and to answer yahoo62278's question, all these changes will not be made immediately.

Top priority is a smooth transition to the new owners/server with as little disturbance to app owners and players as possible.

Thanks for the support so far.

hi

the featured app section is one of the most important implementations that would be needed for all app owners. there will be many app owners who will be interested to be featured and many who not will want to be featured because they opened the apps for their own fun and friends. but those apps who want to be featured should be featured and there should be explicit rules for all and fair for all. here is our posting in full so I don't need to repeat it
https://bitcointalksearch.org/topic/m.13032377

as we are discussing the featured app section could you or someone else of the new group tell us who is doge digital? could it be that it is the owner of sharp dice app? because sharp dice is a featured app that is for about 20 days dead and coining a dice is for about 3 month dead and still in the featured list. that is just a shame because we = all the other app owners who would like to be featured are just left out but they could be in the featured list instead of the dead ones. and it can't be that if we for example would like to have our apps featured will get an answer " let's see some volume first"
where should this volume come from if you have a brand new app? sure from ourselves?
that would be to easy for some app owners who are wagering at their own app and there are a few nice examples for those apps who have a nice wager amount and listed in NLNicos list on top but already dead for a long time.
just was mentioning this because you guys mentioned the option to get the high volume apps featured. volume only would not be a fair method or rule IMHO

we were always using our funds for any promo we did. and to be frank I can't remember that the investors were helping or investing in any promo that app owners were offering as long as we are with moneypot.

and yes I mean a no deposit bonus that requires minimum rollover of xxx and the whole casino industry is offering this for a long time but Ryan did not like the no deposit bonus promos.

it would be good to have something like slack or whatever where app owners can discuss stuff with you guys because here in thread it does not make sense to talk about important
stuff it just will get lost with all congratz postings

sorry for my english

good luck
legendary
Activity: 1988
Merit: 1007
First of all congratulations to you guys. And hope to see you guys run moneypot with honesty Smiley
Good luck with running moneypot.
As im one of member there i would like to say thank you for taking over. Hopfully will be great services near future.

What does this mean for future game/app developers? What services would you offer to those who are interested in creating new games for MP?

We're going to be making things easier for new app developers, for one: both on the advertising side and development side. Through open-source games, developers will be able to fast-track their way to custom variations. And it will start out with a bankroll of ~3k BTC, so as soon as your site launches, you instantly have the backing of that bankroll behind it, attracting whales and the like. There's a lot of things in the works, and we will be working directly with existing and future app developers to create a smooth, fluid environment for all.
I appreciate the speedy reply!

I also look forward to working with you guys. I have a couple of game ideas and need some serious moolah to bank.

Always nice to see some new blood that can add some energy.
Hopefully you guys improve MP and are a success. Cheers and
good luck.

Thanks for your support, guys! We will do our best to make you proud, Smiley.
legendary
Activity: 1442
Merit: 1000
Always nice to see some new blood that can add some energy.
Hopefully you guys improve MP and are a success. Cheers and
good luck.
member
Activity: 94
Merit: 12
What does this mean for future game/app developers? What services would you offer to those who are interested in creating new games for MP?

We're going to be making things easier for new app developers, for one: both on the advertising side and development side. Through open-source games, developers will be able to fast-track their way to custom variations. And it will start out with a bankroll of ~3k BTC, so as soon as your site launches, you instantly have the backing of that bankroll behind it, attracting whales and the like. There's a lot of things in the works, and we will be working directly with existing and future app developers to create a smooth, fluid environment for all.
I appreciate the speedy reply!

I also look forward to working with you guys. I have a couple of game ideas and need some serious moolah to bank.
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