To answer some general questions (we'll get a FAQ up since these seem to come up a lot...)
Where can I get GBT?Since the sale is over if you did not purchase any please wait until it's being traded on exchanges.
Discord?It's like Slack. You'll like it, trust me.
https://discord.gg/0wRLI5uAyHxScJBDReach out to us and join our community. We'll be building up the Discord in the days to come.
Is GBT and GG the same thing?No. GG is obtained by depositing BTC/cryptocurrencies and is represented in USD value.
Will I receive rewards for my GBT if it's held not on the site?If it's held on a wallet and you can prove you own the address via message signing,
yes. This system will be built into the site in the upcoming days where you can register addresses that you own. For obvious reasons, the same address can only be registered to one account.
If it's held on an exchange,
no. The reason is simple - you cannot provide us with an address that holds your funds and prove you own the address as it may be a mix of other peoples GBT as well.
Is our profit % based on total coins, or coins that are registered in GameBet?It's based on the coins and addresses we know about. We only know about what is held in the on-site wallet and addresses that get registered via proof of ownership.
Is it possible to see the invested balance in some BTC account?
How do we know you are not re-investing with the investments from other members?
You can see all the investments on the ledger. Every night we sell the majority of the bitcoin that has come in during the day. We do this for a few reasons but the main 2 are because,
we are offering perks to our investors that actually cost us money our of pocket (steam prepaid cards, steam silver ect) so we must sell right away to cover theses costs. The 2nd reason we sell daily is because we are not gambling on the price of bitcoin. We have expenses and bills to pay and most of them don't take bitcoin as payment. Holding fiat is much safer for us then holding bitcoin is and the last thing we want to happen is for bitcoin to dump $100 and we end up losing 25% on top of what we have to put our for the perks.
Thanks for the great question.
Considering the ICO got you 260 Btc, how much of that did the team already spend?
Also, how much was spent with incentives to get new users and with gambling bonus (prepais cards, steam silver etc).
What is the user aquisition cost at the moment?
Thanks for your time
Is this classified information or you just missed the post?
Still very interested in knowing this info, if possible.
Yes, I'm sorry this is classified at Top Level-8 Secrecy Level. Access denied.
Just kidding.
In regards to user acquisition cost, it's hard to say, since we haven't actively started our hardcore marketing yet (still waiting on UI). Once this is production we'll be keeping investors up to date on how our numbers grow and change.
In regards to what was spent in terms of paying investors for their rewards, I don't have an exact number on this as we have not gone through all the rewards yet. I'll be posting an estimate on this tomorrow.