Good morning to all Bitcointalk users. First of all, we are pleased to announce that the process of settling users' balances has been successfully completed, and all users have been duly paid. If any user has not received the amount due, please feel free to contact us, and the final balance of the gaming account will be settled within a few hours/days.
Perfect because Scroll.bet team did a right thing. This explanation and details on this case sound good and I think if your words are true, the user will have no reason to complain more.
Over these months, Scroll.bet has made significant financial investments, both in product development and in marketing campaigns. From the start of the project, we were fully aware that issuing a token would be necessary to finance further advertising campaigns to support the growth project. Unfortunately, just a few days before the planned token issuance, we received a formal challenge from some providers, stating that issuing the token would equate to offering a security, as it promised users a 50% profit-sharing arrangement.
Faced with such a complex situation, we essentially had two options. The first was to shut down the business. The second was to completely change the technical characteristics of our token, for example, giving up the revenue share and opting instead for a buy-back-and-burn mechanism. However, this would have been very complicated, as it would have required revising all previous communications, amending press release articles, and other related tasks, which would not always have been easy to implement.
Since we aimed to remain transparent and fair to our users until the end, rather than failing to fulfill the promises related to our token, we chose to temporarily close the business, at least until regulatory clarifications could be made. We sincerely hope that our approach will be appreciated by all our users, especially since the team has taken on significant losses in order not to disappoint those who believed in us. All winnings were honored until the very end.
Thank you for these words too. It shows that your team are professional and actually take care of users. I know that issuing a token is easy nowadays, but how to design it tokenomics well to avoid dumping pressure with time, and how to keep up your dedication for it, are much harder.
Launching the token with lack of these things, will cause a failure of token with price falls down with time. It's happened with many Gamefi, NFT, Metaverse tokens in the last 4 or 5 years. It's not about easy launch of a token, and dump it on the market like cashing out for your team benefit and let investors and users "deal with it"
