Hello. I love the gambling/casino space as I think the sector fits perfectly with cryptocurrencies & blockchain. I also like that you have some experience in the industry, which I think is invaluable. With that being said, I have concerns about the declining yr/yr revenues. You peaked in 2104 and revenues have been declining ever since. This is a concern for me. What are the reason(s) for this declining revenue and how do you plan on reversing this trend? Do you also have plans for listing on additional exchanges to accompany the Waves listing? Thank you from on interested investor.
And oh ya, the Slack link on your website doesn't work. It only takes me to the Monster Byte slack login (no invite link).
Let me re-phrase the question. I recognize and have read your Roadmap. Looks good, but what have been the main factors contributing to the yr/yr decline in revenues from 2014(ie./ lack of marketing; declining user base; poor UI....etc)? Do you feel that your new Roadmap specifically targets these areas placing a drag on revenues?
Also, what happens to any coins that are not sold by the end of the ICO?
Lastly, how do interested people join the pre-sale?
Thx!
Hello, your question is a great one, I didn't respond right away because I was on my mobile pretty much most of yesterday, so apologies for the delay!
There are a lot of different variables that affected revenue since 2014 some in our control (UI, marketing, product), some out of it (price of bitcoin, etc).
We kind of alluded to this in a previous response, but how we handled risk in the Sportsbook was one the main culprits. Believe it or not, the bitcoin sportsbook space has a lot of professional cappers in it, reason being is that they've been kicked off traditional sportsbooks and have come to bitcoin books because of the level of anonymity they can have. In 2015, when we were suffering losses in the book, and worst when we got left holding the bag from a 3rd party provider, we had to cut other areas including marketing and product development. At the same time, many other competitors came into the bitcoin gaming space and we lost market share.
But to answer your question directly, Yes our roadmap is strategically aligned to combat the lessons we learned in 2015 and 2016. First and foremost, we will hire dedicated community managers to better promote our brands, at the same time we will gradually roll out a new user experience on BitcoinRush.io and PeerBet.org. In conjunction with that - we will launch our new risk-free sportsbook which will drastically improve our options in the book, raise our limits, and get some of those big (and casual) players back onto our sites.
Last, users that are interested in both the pre-sale and general sale should register on
https://www.monsterbyte.io; that's where the token sale itself will take place starting on July 3rd.
Thanks again for your interest!
