Topic: www.gamebet.gg Launches GameBet Coin (GBT) eSports -- SALE OVER!!! - page 184. (Read 208259 times)

As long as they make good on their promises and things promised happen, there is no need to know their identities.

Anyways I represent Coin2, as you know DailyModo, and you have the support of Coin2 and our community. I hope to see C2 as a betting option soon as well.

Our real id's can not be known due to the legality of running an online gambling business. If you cant get passed that fact then this project may not be for you. We have however been listening to the concerns of the community so far regarding the valuation of the business and what we are looking to raise.
We hope to have some more about that discussion for you a little later tonight once we finish discussing different ideas internally.
We thank you for your patience on this matter.

We had 2 weeks of beta testing prior to launching. You can find the threads here on the forum. I ask you, why would we go through all that and build a working platform if this was a scam?
Im not new here, I've seen 100 scams before and I'll probably see another 100 scams in crypto but this project, site, coin and team are not a scam. We are here to make a living and have our investors earn some of the pie as well.

To view the ledger you do not have to invest, but you must make an account. Sorry about the confusion.

It is, when you log in, click on account, then options, and your referral code is on the right along with the 2fa option.
We'll be publishing a new page just for the referrals in the coming days. Later tonight I'll post an in depth explanation of how our referral system works.
It's very unique and needs some explanation due to its multi-tier setup.

Problem fixed Bitwho. Please feel free to make your account now.

Just a few questions I have after talking with a friend on the forum.



Do you have a business plan?

Where and how exactly are you going to use that investment to make sure we get a return, is there an insurance available to make sure that our investment will be safe?

Are you legally licensed to run a gambling business where jurisdiction applies?

For instance,  you chose Costa Rica as your base of operations, however Costa Rican laws regarding online gambling basically revolve around those that live there can't do it but if you want to run your business there you don't even need to have a license to do so as long as you have an office located there.

I think you are still prohibited to market your gambling sites to residents of the United Kingdom which, if you follow the law, will take a large percentage of your potential business off the line and out of reach.

Please answer these questions. I was thinking of investing more but until I get some answers for these questions I will need to wait.

I don't think you actually invest IRL, if you did you would see how insane your numbers actually are right there.
Can you please provide me a link to another coin that had not one, not two, but three fully working business models behind it
BEFORE a single cent was raised? before a single coin released? no? I didn't think so.

That was the selling point for me, most ICO's now days beg for money and make lofty promises, these guys
have a functioning business, and are willing to part with their profits to raise funds for their immediate needs.

I had a look over their website... It's actually pretty fuckin fancy to be honest. It has a steam marketplace, 2FA built in, I can log in with steam...
The whole concept and site feels like it took ages to make and that craftsmanship is obvious in this thread and their approach to ICO...

Well maybe I'm just defensive because I'm an investor now, but if you had told me a week ago that I could spend a few hundred now and make thousands per month later
I wouldn't believe you, I would tell you that no such business model exists, and then I found this.


Time will tell if this product goes anywhere but ESPORTS is a massive industry with nothing but growth, so there's nowhere to go but UP!

In the meantime it would be cool to get on a slack or discord with the devs, any plans guys? also whens the coin coming out?



Have you used the website? I don't think there's a huge risk of it being cloned within a reasonable amount of time, and first-mover advantage is big in this space.
I would like to know the real people behind it also, but I can see why they are hiding, this business model is quite illegal.

I think gamebet is already ahead in this game. They have a functioning site, looks like a real team of developers and some real partners. I think others can try to clone this, think pepsi and coke, or mcdonalds and burger king. There will be enough room for a few players in this relm. Id invest in others too if I saw they had a chance of coming out on top. I just invested. I dont see much of a down side with this investment plan.
I hold my coins and own them, they can stake and earn me more coins and once every 3 months gamebet will make a payment to me.

What happens when someone clones the idea and offers investers higher % and goes transparent concerning their real id?

Need to know the real people behind this and either have higher % or value venture at 250k atm

Sorry had to lol @ the "This is legit, as you can tell by the working site".

I am sorry to say that your entire response


To one that has not registered this comment makes me feel like register, invest then you can see the ledger.
Could be good. But have to say looking at the page from 3/4 people in my home are wtf is this. what we betting on.

Not sure what to make of this waited a day or two and kept eyes on it.

A lot of people make very valid points about the valuation, would like to hear from the devs on that before I buy in.

The prospect of making $50 a month is not overly appealing, but $500 a month sounds a lot better.

I don't know if I'm going to buy yet, will wait to see what happens.

The one thing that sets this apart from any other ico IMO is the fact that it's ready to go online (looks a little shitty, needs polish) with mutliple layers of earnings possible from what ive seen, between holding ico coins, refering users and depositing my steam items, its kind of surprising to me that you would give up so much of your profit, assuming the numbers on the OP are anywhere near to correct, just holding the coins will pay me an income if the website takes off... Personally I use a lot of other gambling sites and this one takes the cake for crypto and steam item betting on esports...


to say this is the same as throwing money at a casino is a bit much, if this IS a scam of some sort it has to he the most overproduced scam of all time, they have a high quality video, a working gambling site and functional steam marketplace that sells and buys games, items etc no one else wants.... this is a crazy cool product if its marketed correctly! im buying in tonight.

I am in the same boat. The way i see it is this has a good chance to be huge with esports betting and future casino. If all investors roi and are still paid into the future it has created winners no? Investors will be paid forever like you said whats to hate. Maybe the valuation can be tweeked but then again maybe it could have been undervalued this time next year.

I dont think they are asking for too much. They are wiling to give up a cut of thier profit forever.
I'll be investing tonight.

You are absolutely right.

The idea of this coin is great, but the distibution of profit is horrible compared to other available models.

I would suggest that you should rethink the profit sharing method of the whole process or tweak percentages at least.

The greed is shared by irrational people who are going to throw their money at it regardless. You see it nonstop:

1) People 'invest' (technically gamble) in an overpriced/worthless company
2) They cry scam when it doesn't ROI or flat-out runs with money
3) They find another just like it and give it a go
4) The cycle continues indefinitely

This wouldn't happen with fiat because it's regulated. As long as crypto is unregulated and people are stupid, it's never going to end.

I'm in no way saying this CAN'T ROI, but from the perspective of someone who ACTUALLY does investments (both crypto and fiat), it's a high-risk, low-reward gamble.

If they were to drop the valuation by 90% (to 100k), it'd still be overpriced but at least it would be considered as a true investment (albeit a speculative one). As it stands, it's no different than throwing money into a random casino and hoping for the best.

Rubies for example uses a similar model. Only they give 80% to the investors + the coins. Easily over 50$ a month with x5 less invested.
Poloniex for example. Average loan rates on your BTC are around 0.15% a day for slow weeks. Up to 2% on pump days.
(so 10k$ - 25BTC @0.15% would make you around 0.0375BTC a day = 1.125BTC a month. (this is pretty much the minimum a month)
So you are looking at 50$ a month versus ~400$,

That 50$ a month was just to show what happened if a user invested 10k$ and the site made 5k profit. There is no telling how it will actually go down. Esports betting sites can be very successful for sure but right now the idea is:

The company is made
Company makes the site
Investors fund pretty much everything
Investors risk everything
Company gains 90% of the profits (up to 95%)
Investors who risk everything gain 10% (if it goes bad 5% a month)

Im sure some might find it appealing. I wish you all the best in the the launch but i fear with the current level of greed it will be hard to fund it to those levels.

Had a skim through and on the face of it, it looks like a project I would like to be in due to the fact I'm an avid gamer for long time. Breaking into to esports when it is just getting started will be very big indeed. Over breakfast in the morning I will go over with a fine tooth comb the thread and site.

An ICO with a working business model made BEFORE fundraising...
I don't believe I've ever had the pleasure of witnessing this before.
Hopefully something comes of this project, I will keep my eyes on it.

I look at alot of altcoin markets (assets, etc) and I cant find a good example of a solid 50$ per month divined just for holding coins,
whats most appealing to me about this is the fact that I can use the site, refer users, and buy into their coin, all of which earn me money...

it seems to good to be true actually, if you look at other gambling operations inside the gaming world you realize theres a massive profit margin (more than 50$ a month haha)

I'm still not sure about holding the coin, will it be used for anything on the site?