Topic: 🚀MOONBET.IO Community-Owned Crypto Casino 💸 $100 USDT Deposit Bonus - page 14. (Read 5693 times)

Yeah I also work with good ICO's before and so far some of them work so good even by now. The only problem is those new one build and use the word ICO since for the past couple of years almost all of them scam their investors so no wonder that they will fail especially if they advertise their project here since many now are aware about the scamming happening so maybe the other good project who conduct an ICO will fail due to its reputation.

ICO is dead on main sense but there are actually some projects do able to survive. Next, i dont see for this topic to be posted into this board since its still on ICO phase which basically means that

this isnt operational or non live so its just irrelevant that this would be posted into this board.BTW, i had already reported this one though.

When it comes to scam ICO's then there are lots on this market and this is why its really a big hesitance for you to invest into something which you dont know if it would turn out to be
a scam or not.

Still not safe since IDO and IEO still prone to dump, many devs do that when IDO/IEO are booming but I don't think many people will go invest on this options since knowing how manu scams happened here for sure many investor are totally done with this. And since they are doing an ICO for sure this one will fail as ICO craze are now totally done, many are erasing it and declare it as scam.

 I'm not sayinh that this is another scam but for me I will avoid any ICO and better go with NFT.

As a market I believe that we do not see the same thing in all of them. ICO is a thing that allows people to basically just invest into one coin and one coin only, you are not given anything else regarding the coin at all. IEO on the other hand is still a coin but usually on an exchange, well it doesn't "have to" be on exchange right away, but if the offering is on an exchange that means 99.99% of the time the coin itself will be listed right afterwards as well.

This is why you at least get a coin AND get it listed on that exchange and you know about it. Like for example if Binance does it then you know what you are going to get. There are other types as well but these small changes makes a big change over long period of time.

We have already received 7 contract offers to list on exchanges (some notable ones in the top 30 on CMC), as we are not a traditional 'casino' coin. Since our token is meant for holders and not to be used in the casino (as this would defeat the purpose of holding the coins to receive the profits), we can certainly be listed on exchanges.

One major different from 95% of the crypto casinos is that we offer a full Sportsbook solution. This means betting on 30+ sports with live betting, 1000s of markets, and basically everything that major players like Bet365 have.

then that is very generous of you concerning the capacity of every investors having to buy your token , keep it up guys.
this is what I'm pointing at least considering Burning and also buy back will give more chances to the price of token increasing higher than this having a trillion cap.

Even if you do reasearch, it still won't guarantee we will not get scammed by them. But like Moonbet offer is a bit different with usual ICO. Most of them were only want quick-free money (run an ICO then rug pull or run away with investor's money). Moonbet will success if they have huge wagered on their site so we as investor could earn profit through that. (More wagered, higher chance we earn more because of house edge)

You are right. But in few cases we may guess which project should be run and which can be turned into scam. We have to research a lot to find out a good ico before make any investment on the ICO. There are a lot of way to detect who may turn into scam. Though all the peope cant find that way also in few time scammer also come as the right project.

it's been the same way actually even with the new projects today it's still ICO that they need to fund their project, they just name it differently today like a private token sale in which only 20% of the tokens are being sent out to the investors. it's just very risky now than it was in 2017 where every ico is funded and listed on the market.

i really don't see this project as different from other dividends casino. been an investor of bethash for a while but casino tokens are not allowed to be listed anymore on exchanges.

Looks like the OP find good from  your concern here but still they will push ICO like what 2017 does .. Lets Pray for their success and also pray for the possible Victim of scamming if this one runs like how 2017 scammers does.
Though i am not pointing them as scam but of course possibilities is always there.

Actually ICO, IEO, and now IDO are almost same. All kind of that thing just only want to earn money to support the project, but IEO & IDO are much safer compared ICO because both IEO & IDO will listed on exchange ASAP. While on ICO, there is no any guarantee the project will be listed on exchange, so we can't trade the token yet

Great questions!

1) The soft cap is $500,000 and we are getting quite close. We are at $366,000 and now with the increased marketing and crypto market heating up, we are seeing about $10k per day being raised.

2) The hard cap is $1.2 million

3) The total supply is 1,000,000,000,000 however 200,000,000,000 (20%) are reserved for the future decentralization phases. The distribution of the BUSD profits will only account for the tokens in circulation

4) We have allocated 10% of the tokens to our team for exactly this reason. Plus, part of the other 50% of the profit for the operations of the platform does include team FTE costs (a basic salary for any full-time team members). We also have allocated some ICO funds for the team salaries to ensure that everybody has a liveable wage so we can all focus 100% on the project.

All the transactions from the ICO are viewable at https://bscscan.com/token/0x44220eeb754ade4aa72b83d587c2c959d34560cf

Unlike most ICOs, we actually built our system to provide people with the tokens within 10 minutes of purchasing. So, we did not simply just take payments, we actually facilitated the transfer of tokens in real-time.

I have a few questions:

1. What is the softcap (is there at all)?
2. What is the hardcap?
3. What is the total supply of tokens?
4. If 50% of the profits go to token holders and the other 50% go to "development, marketing, and operations of the platform." Then how do an eight-person team make money?

These type of "dividends if you hold the token" stuff haven't been successful so far in the world, I really hope that we can get there soon enough, it certainly doesn't feel like a good deal for now because of the past examples we have seen but that doesn't mean that the future can't be any better. Gamblers do not really care about tokens at all, they just like gambling, and in a world where there are people betting 1 million dollars for just a single bet (not common, just something I have recently seen) I am sure that if marketing of the casino part grows a lot then we can actually see it happening again.

This is why I honestly think that this has a potential, but that's it, just a potential and we should be focusing on something much bigger than that and hope that they could actually do something that will attract a lot of gamblers to the website, in that case potential will be filled.

Nice point Shasan!

Just checked the site, at the moment $358583 is raised! Congrats on reaching the soft cap...
I like the idea, some casinos are doing something similar! Generally, I like profit-sharing casinos, I am more active in those casinos!


My question is will you wait for ICO to end before launching?

What is your contract address? How to trace the transaction made by you/made to you? Are you not publishing it on the blockchain? If you are not publish on the blockchain then there is no way to trace and in this case the community is in high risk for you.

I know the ICO culture is quite dead (especially compared to 2017/18), but we also ran into some potential legal issues with KYC. So, rather than risking it and going onto a DEX exchange, we decided to play it safe.

In order to make sure investors know we are running everything completely legitimately, we will be 100% transparent to show the amount of Gross Gaming Revenue generated by the platform. Then, it will be divided into 50% with half going towards profit distribution and the other half going into the marketing, operations, and administration of the platform.

As for the distribution, holders will receive the BUSD by holding the tokens in an approved wallet that can accept the BUSD airdrops. We will of course provide all the information once the platform goes live and the airdrops begin.

In order to ensure that people do not simply buy/dump MBET tokens to receive the profit sharing, the BUSD distribution will be regular yet random. This means that nobody will know exactly when they will receive the tokens, encouraging people to hold long-term. There will be no minimum needed to hold to receive the BUSD, which is what we believe will drive the demand for the token once people see how others are being rewarded.

We will have some news about exchange listings next week!

We are well on the way to achieving our financial target, but we will move ahead even if we do not reach the soft cap.

All the development for the Sportsbook, Casino and eSports betting platform has been completed and any third-party integrations have been paid for, as well as legal and licensing fees.

We did receive an additional $125,000 in seed funding and our CEO personally put over $100,000 of his own funds into the project to get it launched over the initial three months. We have the backing of private investors in case we need more funds, however we hope not to rely on them.

The Moonbet Sportsbook & Casino will be launched on August 15. We are about to launch pre-registrations next week for people to reserve their spot to be first users.

Also, we are in talks of signing with a recognizable exchange for an IEO, as they have over 900k active users that they will promote our token to.

I wonder how many people still invest in ICOs. I thought the ICO market was pretty much dead by the end of 2019, and yet here we are in the middle of 2021
The idea of giving stakes in a casino is pretty good, but I'm not sure how investors can make sure they aren't deceived, and they get their fair share of profits. Or is it somehow done automatically, like via smart contracts or something?
I'll wait till the coin's listed on exchanges because it's always safer this way, but I just want to know more. If a person buys your tokens on some exchange, how can this person get the payouts in BUSD? How are you going to monitor all and will there be conditions, such as hodling for 6 months or something?
Good luck!