Topic: ICO - Legitimate with Huge Potential - page 2. (Read 918 times)

Overstock Shares Surge 30% After $500 Million ICO Announcement
https://www.cryptocoinsnews.com/overstock-shares-surge-30-after-500-million-ico-announcement/

Overstock shares have gone up 200% in a year largely because of their ICO.

Bitcoin round starts in 11 minutes

https://stockbet.com/#/BullBear/round/17971

Bet with or against me

That's because the stock market has the biggest asset classes in the world. It's not like sharing files or CPU, like other ICO's wanted to do.



Both Overstock and Stockbet have huge potential.

But you can overpay for these monster ICOs. Many did with Bancor, Tezos and EOS.

A really promising ICO is BurstIQ, you guys should take a like at it. I invested a few hundred, because its really important to get a marketplace for health data and services! They have a great and active team

You’re right, there are tons of coins for gambling, but these are for casinos, sports betting, esports, computer games, etc. There isn’t one specifically for stock betting, that I’m aware of.

Bitcoin-accepting casinos still have problems. They can steal your money. They can cheat. These problems are removed with smart contracts.

vslice is not related to stocks. I can’t even read their white paper. When I try to download it, I get some testing doc.
enjin is related to computer games, not stock betting.
burst is even less relevant.

SB seems low key because (computer) gaming is huge, but not all of gaming has gambling.

SB is listed on 18 ICO listing sites. It's going to go after financial betting sites: IG, Binary.com, Nadex. IG is one of the biggest firms in UK. It did £456 million in revenue. But it’s boxed in UK because of regulations. SB will be decentralized. Also, these sites make you pay fiat, send identification docs, wait several days to deposit and withdraw and charge hefty fees for doing so. All of these old school gambling sites will be replaced.

That's the tiny percent.

That's a ridiculous amount of money.

Coindesk might say that cryptocurrencies can be successfully applied to gambling and provide big profit, but there already are tons of coins adjusted specifically to gambling as well as lots of bitcoin-accepting casinos. Why is another coin needed?
If a 'tiny percent' was indeed controlled by Stockbet it would surely be a huge success, but what makes anyone think that it will? How is this coin different from vslice, enjin, burst...? There isn't a lot of information on this ico on the Internet and that is usually a bad sign.

interesting project, can't wait to see the financial world's response to this, I'm pretty sure they are paying attention to everything going on in blockchain development, let's see how much of that options market stockbet can get as well as change it since the whole social media idea and the cost reduction through smart contracts is quite the leg up on the existing alternatives.

That's an interesting concept. But wouldn't it be just as easy to make sure that you leave your wallet and password on a usb key for your chosen one?

Overstock.com goes for largest digital coin offering ever at $500 million
https://www.cnbc.com/2017/10/25/overstock-com-goes-for-largest-digital-coin-offer-ever-at-500-million.html

Overstock Reveals Plans for Equity Token Exchange and ICO
https://bitcoinmagazine.com/articles/overstock-reveals-plans-equity-token-exchange-and-ico/


This will open up many things that StockBet can add to its platform and gamify more of the $70 Trillion stocks asset class!

You should take a look at digipulse, it is an inheritance service so your coins will go to your chosen one rather than be lost in the blockchain after you die

Bitcoin Bull and Bear go toe to toe on CNBC.  It's a smackdown!

https://twitter.com/CNBCFastMoney/status/923309420662140928

They need to bet against each other on StockBet's BullBear.

Swarm Fund is looking really good

super solid dev team based out of Silicon Valley

highly practical use cases that could see real world implementation very quickly

mainstream media coverage:
https://www.forbes.com/sites/giovannirodriguez/2017/08/16/can-swarm-fund-help-the-cryptocurrency-market-finally-enter-the-mainstream/#3c562d2f2e77

ico is live now, only one more day left to invest:
https://www.swarm.fund/

John McAfee: ‘Bitcoin moves above  $500,000 within three years. Bets?’
https://twitter.com/officialmcafee/status/887012614131372032

After Token Sale, StockBet will enable McAfee and you to bet against each other.

John McAfee: ‘I will eat my d-ck’ on national television if I lose $500K Bitcoin bet

The largest options exchange in the US is moving in on a $1.6 billion bitcoin opportunity
http://www.businessinsider.com/cboe-is-making-moves-on-a-16-billion-bitcoin-opportunity-2017-10

This is not only an opportunity for Cboe, it’s also an opportunity for StockBet as it will increase the betting activity of Bitcoin on StockBet. Not everyone in the world can bet on the options exchange.

True. What's missing is social competition.

And most of the people in the world cannot bet on options.

And there are many types of gambling on the financial markets that can be improved on the blockchain.

we have betting on stocks, its called options.

there is a reason why they call the stock market the biggest casino in the world.

I've been looking at ICO's and here's my top pick:

Stockbet - https://stockbet.com

Legitimate -

They are one of the few ICO's that actually has working software. I’m playing in their Bitcoin round. Join in by making a bet on Bitcoin:

https://stockbet.com/#/BullBear/round/17971

Or, make a bet on Ethereum:

https://stockbet.com/#/BullBear/round/17970

Token Sale starts Oct 29.

Potential -

According to Coindesk, gambling and cryptocurrencies have huge potential. They call it the perfect storm.

https://www.coindesk.com/national-economics-gambling-cryptocurrency-perfect-storm/

Stockbet wants to gamify the biggest asset classes in the world

Derivatives - $630 trillion
Fixed Income - $199 trillion
Stocks - $70 trillion

If Stockbet gamifies only a tiny percent of this, it will be bigger than all of the cryptocurrencies combined.

They already let you bet on cryptocurrencies, but it’s only worth $165 billion.

Take the time to read their white paper. It clearly identifies the existing gambling sectors that will be disrupted and replaced. It explains the untapped social competition gambling that is unaddressed. It clearly explains how the blockchain can eliminate the problems with existing industry: theft and cheating by gambling sites, expensive fees and long wait time to withdraw and identity theft. It clearly identifies the massive size of this market. Which market gives you potentially $900 trillion in size? The world’s GDP is only 74 trillion. There are no micro transactions here. Cryptos round to zero.

Feel free to comment.