Topic: Monster Byte - Established Gaming Operator and B2B Reseller - page 21. (Read 52349 times)

Presale starts today! 
We have been overwhelmed by the response we've seen after announcing our ICO which is now just hours away. In just a week, with very little press coverage, over 600 users have registered on MonsterByte.io in preparation to purchase our tokens!

We're happy to report that you can now login to the Monster Byte Portal. In preparation of the presale which goes live at 16:00 UTC,  we recommend you get a Waves Wallet by visiting the Waves Platform Portal and update your receiving address in the Monster Byte Portal.

As a reminder, following the closure of our ICO, the new MBI tokens will be sent to your Waves address which you provided in the Monster Byte Portal. From there, you will then be able to immediately trade your MBI tokens within the Waves DEX, and other exchanges in the future.

Thanks for your support, and we hope you're as excited as us about our future plans!

Great question, within 7 days after the ICO is completed, we will distribute tokens. Immediately you can trade the tokens within the Waves DEX; we are working with other exchanges to get it listed there as well. More details to come on that... it's a lengthy process.


(this detail is also found in the whitepaper)

How long will it take for Tokens from this Crowdsale to be distributed and listed on exchanges?

ICO presale soon! 

Can I translate in italian? The bounty is already available? Thanks

interesting.will follow the monsterbyte.good luck!

Vietnamese translation updated :
- ANN thread : https://bitcoingarden.org/forum/index.php?topic=16258
- Whitepaper : https://drive.google.com/file/d/0B1P2YHZTQQw-cDVHOVJNZXlqcFk

There are 40 millions token total, but only 10 million reserved for the sale. Havelock have 8,061,572 token, they have 20,438,428 token, and the rest 1,5m for bounty and advisors. You can read it in the whitepaper, 13.0 ICO token allocation.

Been a long time player on casinobitco.in. So glad to know that there will now be an investment option available for this. Looking forward to investing.

however i have a question. In the op it says 10 million tokens, but here https://bitcointalksearch.org/topic/m.19737503 you say 40 million.
Which is it?

Slack Invite URL Updated: https://join.slack.com/monsterbyte/shared_invite/MjA2Nzg1MTIwNTMyLTE0OTg5MzI5MjEtYzAyNmE1ZTgzZA

Sorry I missed this, yes - on a quarterly basis we will issue dividends to token holders; 100% of the profits (revenue - expenses).

Can you please answer me?

Do the token holders receive 100% of the profit? Ty

We are looking for 2 more social media marketers in exchange for a bounty; please contact us in Slack (#bounty) to inquire.

Whitepaper translations

Hindi - https://www.monsterbyte.io/images/MonsterByteICOWhitepaperHindi.pdf
Turkish - https://www.monsterbyte.io/images/MonsterByteICOWhitepaperTurkish.pdf
Filipino - https://medium.com/@Elegant_Joylin/monster-byte-puting-papel-49f6b9c9971b
Russian - https://www.monsterbyte.io/images/MonsterByteRussian.pdf
Portuguese - https://www.monsterbyte.io/images/MonsterByteICOWhitepaperPortuguese.pdf
Spanish - https://www.monsterbyte.io/images/MonsterByteICOWhitepaperSpanish.pdf
Chinese - https://www.monsterbyte.io/images/MonsterBytewhitepapercn.pdf
French - https://www.monsterbyte.io/images/MonsterByteICOWhitepaperFrench.pdf

Hello, so 100% of the profits will be distruted to the token holders, correct?thanks

An unbiased review of our ICO we hope you read.

https://steemit.com/ico/@rkreddy/ico-review-series-3-monster-byte-am-i-betting-on-this-ico

Thanks, good to see others see the advantage of not just a fancy white paper, but also a company with a track record, users, and a product in production. We believe that that, coupled with our modest valuation, will ensure our ICO is a success.

With respect to trading, our tokens will be tradeable within the DEX within Waves immediately following the ICO. Right now we are working with the Waves development team to get the token verified, once that occurs we will start working with other, smaller, exchanges to broaden our market exposure.

Lately, I have been eyeing ICOs which has something to do with gaming and gambling because I see more future in here compared to new blockchain system.

I am interested with Monster Byte because it is already an operating business and not just another concept or idea that has to be funded by the ICO.

Now, may I ask...is there a timeline when can the token be available in an exchange for trading?

Ryan, always good to hear from you; I know your commentary below is to protect the broader public, so it's appreciated. We've  mentioned this before, but all collectively admired what you've done with Bustabit.

BTW will you be attending the IGB conference in Amsterdam on the 12th of July? Luke, and some other Monster Byte principals will be there for certain; would be great to meet in person.

Answers below;

A - Previous names you saw were an attempt to deter Doxing; but that train has left the building.

B - In no way are we trying to portray something dishonest; the P&L, ICO and whitepaper all have a disclaimer showing the sportsbook metrics assume the no-risk model which we are about to deploy. As you've been a follower for a while, you have a clear view of our historic sportsbook challenges, I also mention it within this thread for reference.

We are very certain our odds were correct, you can trust that we've micromanaged the book since 2014 and have 'canceled/refunded' any wager which was at an incorrect odd (it's happened less than a dozen times in 4 years). Last, our whitepaper shows actual volume numbers in both casino and sportsbook.

C - Exponential growth based on new earned operating income, and expenditure. You elude to this in (d), but we currently spend an incredibly low amount in marketing and product enhancements. This changes post-ICO with us hiring people to promote our brand on this (and other) forums, paid marketing efforts in traditional outlets as well as organic search. Further, we will spend considerable amounts in redesigning BitcoinRush and PeerBet with a professional firm (we've shared working examples in the OP, and whitepaper). Last, we anticipate the use of cryptocurrencies for online gambling will increase YoY, this is a leading factor in the growth we anticipate.

D - It's a mixed equity stake/salary based model; salaries are no doubt drastically lower than the norm in 2017 and part of 2018, but sacrifices have to be made short-term, and everyone involved will benefit from the equity model as it relates to dividends.

E - Technically speaking we are debt-free; principals have put up additional capital in 2016 to keep things moving, but this is not considered debt as it was part of equity swap deals.