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i want to reserve for indonesian translation

May I reserve Russian Translation if you are going to touch Russian-speaking region?

Looks like a really interesting project.

What sports are you featuring on your platform?

Another sports betting platform :)
What's different with another platform?
Platform like this is so interesting will keep an eye for more updates

Check out FansUnite.com, they've got a list of everything on offer from the big four North American sports through to Aussie Rules Football, MMA, Golf and more.

Hi D ltr, thank you for your enthusiasm. We will be releasing information about our Bounty program, including translations, in the coming days! Thank you for your support!

Hi ogrudko, thank you for your enthusiasm. We are definitely planning to have members in Russian-speaking regions. We've always had good support from those areas. We will be releasing information about our Bounty program, including translations, in the coming days! Thank you for your support!

Hi bitcoinjames6! We will be offering all sports betting markets offered by traditional sportsbooks on FansUnite.io. Markets will range from eSports to horse racing, to NFL, to English Premier League, to third division Swedish Football (soccer).

What platform used to create token?

Nice variety :)

Thanks for letting me know.

What about prop bets? Are you guys going to be offering those, or are you going to be doing more traditional bets?

Hi cuddlefish,

Thanks for the early vote of support.

We believe we have a very compelling platform for bettors as we plan to make betting more affordable, more transparent and incorporate social mechanisms and crowdsourced data as we've seen has been useful to our existing users on our virtual sportsbook.

We want to provide bettors with a cheaper, more transparent and secure betting platform by utilizing an ERC20 token built on the Ethereum blockchain. Blockchain technology, and smart contracts in particular, allow for bettors to engage in trustless betting. This means bettors do not have to rely on the party on the other side of their bets to fairly resolve these bets that they have a vested interest in, instead the resolution of bets is automated and handled by data fed in from a preordained and independent oracle, a vast improvement for the bettor. This, in combination with our historically low margins charged and social mechanisms, should prove to be a total gamechanger for a bettors overall betting experience and profitability.

Keep the questions coming!

We will allow prop bets and other exotic markets, along with traditional bets. Further on in development, we will add accumulators/parlays and live betting.

Thanks for the question!

Hi Dlugina23, thanks for the question. It will be a ERC20 token.

Would this have any serious competitors?

Who are they?

I mean competitors buildings a bookmarker dapp, not businesses like Pinnacle and Betfair, that are dying/antiquated business models.

News of our legal advisory partnership

Check it out everyone!

https://calvinayre-com.cdn.ampproject.org/c/s/calvinayre.com/2017/09/28/press-releases/segev-llp-appointed-advisors-fansunite-io-ico/amp/

The team looks solid although i dont see any utilization of blockchain
In the sports betting industry

how about the tokensale sir?? when it will start and how about the price on each period??

Interesting project. Can we bet with this token and get multiple token, or in future will be any betting website where i can bet?

Interesting but how do you record sportsbetting on blockchain, the data structure is like what?

Hi Marco,

Thanks for the vote of confidence for our team, we think we've assembled a pretty excellent group.

As for the utilization of blockchain, we are utilizing an ERC20 token on the Ethereum blockchain as the currency for this sports betting platform. FansUnite Tokens are the medium used to place wagers and interact with the FansUnite platform and FansUnite smart contracts. In addition, all pertinent information to facilitate "trustless" betting will be on the blockchain, such as odds, bet types, event information and data oracles for resolving bets. All of this will mean that bettors have security and full transparency with regards to their bets compared to a conventional centralized sportsbook.

We think the blockchain and the utilization of smart contracts represents a much improved paradigm for sports bettors to have security and confidence in their bets.

Cheers,
FansUnite team

We are not quite ready to announce the details on our token sale, though we are planning an announcement in the very near future. Please join our slack at:
 https://fansunite.io/slack (https://fansunite.io/slack) to keep up to date on the latest details.

Cheers,
FansUnite team

Hi ioanbtc,

Thanks for your question. You will be able to wager FansUnite Tokens on our platform, and if your wager is successful winnings will also be paid out in FansUnite Tokens. The FansUnite Token will be the only currency accepted on our platform, and our platform will be the only one using these tokens as currency.

Cheers,
FansUnite team

Isn't Q1 2018 too optimistic for the Alpha?

Has work on it started?

Gamble is always interesting
Good luck.
When u say to begin any bounty campaign?

Thanks for the question. We've developed and operated FansUnite.com since 2012, which is essentially an online sportsbook with a free virtual currency, with no monetary value. We have experience in building out these types of platforms. FansUnite.io, the platform which this thread is regarding, has started development. That being said, we do need more resources to achieve our roadmap objectives, but we are optimistic we can obtain those. 

Thanks for the kind words. I think everyone will be happy with the quality of the product and our team's ability to drive demand for the platform.

Hi vangocash, thank you for the question. The Bounty program details will be released in the next few days!

What are those resources? Mostly cash right? Developers... you have them? Because that's the second most difficult thing to find.

Where/when do we see the contract code for the token sale?

Probably anyway they want it to be, since you can write anything in any database, and the blockchain is just a database with a few extra features (and the disadvantage of being extremely slow).

Bounty program is live! check it out here (https://bitcointalk.org/index.php?topic=2227501.0=).

Bounty program is live! You can check it out here (https://bitcointalk.org/index.php?topic=2227501.0). Bug bounty program will be released in the near future. We'll keep you posted!

Hi BuyingFast, thanks for the question. We do have a good core group of in-house developers, but we will be hiring out as well to reinforce our team. Yes, you are correct, that cash is a major component, but other resources needed, for example, are strategic partnerships and appropriate gaming licences.

Thanks for the question BLACKCOIN883. This will be released in approximately two weeks. We will also have a bug bounty as well. Our developers are currently working on the smart contract code.

Please explain in minimum thread stamp and maximum cap in USD, I think it is also very important to add there

Hi Scolary, thank you for the question. Are you asking for details of our Token Generation Event? Those details will be made public in the coming days. We are just putting everything together and reviewing with our legal team.

I'm very interested in the bug bounty. What's your link on GitHub, I could already start looking over the code?

yes I ask for it, I will keep up with updates about this project, this project looks quite interesting and I think have good potential

Information regarding our bug bounty will be released in the next week or so. We will definitely provide you with the necessary information as soon as it is publicly available. Thank you for your interest, xoof.

Thank you for your support Scolary!

Hi everyone, just for reference, our social bounty thread is viewable here - https://bitcointalk.org/index.php?topic=2227501.msg22481054#msg22481054

Good value for Twitter on the social bounty, I'm in.

Thanks for the support BuyingFast!!!

So the money would be in the player's personal wallet (even Ledger or Trezor), and a part of it would be sent to a contract only when a bet is placed? Then, after the win, the contract sends the money automatically back to the player?

Hi okspam,

Yes that is correct, you will be able to send in FansUnite tokens to our bet smart contract address and enter into bets, provided that you have some ether to foot the gas cost for that transaction. Winners would automatically be paid out in FansUnite tokens after resolution of the event. For those who are less technologically savvy, or just more concerned with ease of betting, there will also be an option to deposit FansUnite tokens and bet directly on the platform.

Thanks for your question!
FansUnite

Will they help with getting licenses too?

Hi BuyingFast, thanks for the question. Yes, Segev LLP will certainly be helping us in obtaining licenses, as well as our counsel in Gibraltar. Segev LLP, specifically, has a wonderful network in the gaming/betting world, having been counsel to betting and poker companies for quite some time now.

it will be a good impact for your site mate having someone who's familiar with all the things that he needed to be present will able to attract people to
use your platform, i'm getting curios with all the successful updates from your business and might be playing after sometime, good luck and keep it
coming.

Sports betting is huge and I will 100% get behind this one. Seems like you may have a lot of competition, any idea on how you will separate yourselves from them?

I'll be joining the twitter bounty  ;D

Thanks for the support arseaboy. We are very happy with the team we've built to support us, from legal counsel, to accountants, to advisors with tremendous experience in scaling companies and security.

Thank you so much for your support Cutekittens21!

I think there are a few important differences between ourselves, and our competitors. I do not want to unnecessarily criticize other projects that are trying to help the betting ecosystem, so I will just point out a few differences.

The major difference between FansUnite and and an exchange, from a betting perspective, is that exchanges are building a peer to peer platform. They will be building a betting exchange in which one user bets against another user. FansUnite will be building a platform more akin to a sportsbook like Pinnacle or Bet365 where members do not necessarily need a counterpart on the other side of the bet. There are other key differences, but this is the main one from a betting perspective. Likely, we will also offer a betting exchange aspect, to our platform, but it's not our main focus.

The major difference between FansUnite and other traditional sportsbooks, or blockchain based ones are, from a betting perspective, that others are building a platform and not attempting to abide by the authority of the relevant gaming authorities and likely will not apply for the appropriate licenses. From our understanding, that is not of concern to them. For us, it is important to work with the appropriate regulators.
As such, we will be working with the appropriate licensing authorities (while the platform is being developed) to receive these licenses. We are confident that our in-house legal, legal advisor, legal counsel, and relationships with various gaming authorities will help us in pursuit of these licenses. Further, all indications are that the odds offered by our competition will be more in line with the odds offered by traditional sportsbooks, while our odds will be more favourable to the individual bettor.

Lastly, FansUnite will maintain the social system that is part of our existing platform, which we believe brings another layer of transparency and verifiability to the sports betting industry. We feel that transparency is an extremely important trait.  Readily displaying statistics such as ROI will allow members to find other members who are profitable, and will aid in ensuring that people do not follow members who are in the negative. It also reduces the ability for touts to try and sell their picks and claim absurd winning percentages, all while falsifying their records. Our platform will provided a trusted third-party verification tool.  Now, for the individual bettor, if they are losing constantly, and they aren't aware of their personal ROI, then we think it is important to provide that for them as well, so that they can make decisions as to whether or not to continue.

Further, we’ve always wanted to level the playing field and we believe this new platform is giving sports bettors their best chance at being profitable. Secondly, we have put together a great team to take on this challenging build. Our team has over 50 years sports betting experience and we’ve assembled a team of advisors well versed in the legal and technical aspects of putting sports betting on the blockchain. This includes Shafin Diamond, E&Y Entrepreneur of the year in Canada, Segev LLP and Isolas for our iGaming and token legalities, Peter Smyrniotis for scalability and security, and of course the founding team of FansUnite. We also have many mechanisms in place to ensure the platform stays up and running in perpetuity, as an example, our 200M token platform supply pool as a buffer to pay out winning bets if the community is winning a lot more than losing.

Sports betting arbitrage will never be the same again.

Agreed. We are welcoming all arbers!

Here's a new Medium blog highlighting the achievements of our Advisors: https://medium.com/fansunite/fansunite-meet-our-advisors-1485e6b92514 (https://medium.com/fansunite/fansunite-meet-our-advisors-1485e6b92514)

Reading through those, they seem very well chosen. Ryan Faber should be magical. How are advisors getting paid? FansUnite tokens?

Hi BuyingFast,

We're glad you approve of them! We're so excited to have Ryan on board, he's a marketing genius and is absolutely going to help us gain notoriety and marketshare. All our advisors are being compensated in tokens so their interests are aligned with us, as well as, our investors and prospective users.

We're very confident in the team and advisors we've assembled to be able to build out the platform we envision for sports bettors.

Thanks for your support.
Jonny

I like that blockchain is going to sport bets. It will be able to create a transparent bets.

That's correct xenium.  Helpfully, it will also provide trustless betting through the use of smart contracts.  As an organization, we are also going to aim for an unparalleled level of transparency from a company perspective.

Any collaborations in the works? Or would you even need them?

Does anyone knows if there will be a poker room in the Blockchain because it'll attract a lot of new members thus soft games

Very responsive! Thanks for talking to me.

How about this question though?

Are we allowed to propose marketing strategies that might work, even if you don't have a bounty for them specifically already set up?

signed up , this is a fantastic idea , been waiting for this its inevitable that betting will be on blockchain eventually.

Russian translation - https://bitcointalk.org/index.php?topic=2248297.msg22725899#msg22725899

Has anybody from the team run through the legal nightmare of running a bookmaker, in the past? I hear it's quite a challenge.

Hi Celestio, thanks for the great question. We've looked at partnering with emerging companies in the eSports space as that is a area that's getting a lot of media attention. Truthfully, while it is a rapidly growing sport, it is still just breaking through to be one of the main sports we offer on our existing platform, https://fansunite.com/ (https://fansunite.com/). We expect that to remain the case for the real money sportsbook, https://fansunite.io/ (https://fansunite.io/).

We are, however, collaborating with an extremely reputable group in the sports betting industry which will greatly enhance our machine learning capabilities and aid us in effectively welcoming winners and arbitragers. That news will be released this week in all likelihood.

Hi, sorry, I did not mean to neglect any question.  There are a few others that are in this space, though we do feel like we provide a stronger and different offering. I'm not going to disparage any of the other ventures as there is more than enough space in this industry for all of us. I will name a few, and you can look into them and ask me questions about them compared to us if you would like:

https://wagerr.com/ (https://wagerr.com/)
https://unikoingold.com/ (https://unikoingold.com/)
https://www.decent.bet/ (https://www.decent.bet/)
https://www.peerplays.com/ (https://www.peerplays.com/)

Hi deeltje, please do! We will take any proposals into consideration, much like we will in the continued development of the platform, and when the full platform is deployed. We are always open to talking to the community and considering and executing their suggestions where possible. We'd love to hear from you regarding any marketing strategies you may have!

Great question earthcoin! Personally, I have not proceeded through the legal gauntlet of running a sportsbook, though I've been involved on the perimeter of gaming law.  I have extensive experience with blockchain and digital asset related files. However, we've strategically partnered with two key law firms:

Segev LLP - a law-firm based out of Vancouver that specializes in iGaming law and has experience with daily fantasy, sports betting and poker platforms. Segev LLP has helped, through their network, numerous betting and poker companies obtain the necessary licenses and remain compliant.

ISOLAS - a prominent firm in the cryptocurrency space and has advised several large token sales recently, including clients in the gaming space. They have a good relationship with the requisite gaming authorities in Gibraltar. 

Both firms are integral to us adhering to all applicable regulatory authorities and will play a significant role in our ability to secure gaming licenses moving forward.

Very professional not to disparage other competitors.

It will be a tipster heaven. But good tipsters make most of their money through betting, not through selling picks. That's because they can't have too many followers, since the followers that wouldn't bet asap would get worse odds, more than enough to put them on a minus long-term.

Yes, you are very correct. That is one reason we set up FansUnite - to combat tipsters selling their picks and the resulting loss of value to followers. We agree that the odds will most likely shift if many popular tipsters are on one side of a line, which may very well set up opportunities on the other side. Moreover, from our experience in operating FansUnite.com, we have seen that there is often the case that members with large followings end up on opposite sides of a bet from time to time.

Our initial lines will always be better than those offered at other online sportsbooks. Our lines will adjust for exposure on a given market, however. It is still possible, and very likely, that our closing lines will also be better for the individual.

I'm interested in becoming a tipster on this platform, won't be investing but good luck, I hope to see it up and running!

Hi Crypto_Man1212, thank you for your support. Regardless of whether or not you contribute to our platform, we'd love to have you on board. We would be more than happy to consider any suggestions you may have to build FansUnite into a platform and community you would like to be a part of.

How many guys have joined you on Slack? This is a good metric.

How many tipsters are actually on a profit? Is the percentage statistically relevant?

Oh, I have so many suggestions. I've honestly had an account with all the tipping platforms in existence, including yours. I'll get in contact.

There's a little bit of information about the Token Generation Event in our new Medium post: https://medium.com/fansunite/fansunite-the-road-ahead-d22e6b05e535 (https://medium.com/fansunite/fansunite-the-road-ahead-d22e6b05e535)

Wow sports coin im very intresting

I'm actually not sure if we have that metric available. I'll get one of our devs to see if he can comb the database for the info, and if so, I'll send it over to you. If you just want a quick review, you could check the leaderboard of our existing platform available at https://fansunite.com/leaderboard/sports-picks (https://fansunite.com/leaderboard/sports-picks)

Sounds great! Feel free to join our Telegram https://t.me/FansUnite (https://t.me/FansUnite) group and shoot me a PM!

We think we have a platform here that will very much aid the sports betting community going forward. Thank you for your support!

Thank you for the response. I sent a few of my ideas through email and your marketing person is already in contact with me.

Thanks for reaching out deeltje. I'll check in with him this morning and talk about your ideas with the team.

So it's been a little over a week since you said you'd have the bug bounty up. How is it coming now? I'm also very interested.

I appreciate you taking the time the ask the devs. People often overlook small details like this. I saw the leaderboard, and it's definitely a good sign.

Hey BLACKCOIN883. I spoke with our devs. They ran searches, and found that 10% of all users who have placed a pick on our platform are profitable. Keep in mind that this metric is likely skewed to be more higher than it should be as it also is accounting for users who have only placed one pick, and that happened to be profitable, and as such, they are included in the 10%. I would suspect the true number is closer to 5%. Also, these are with Pinnacle's lines, which are less favourable to the individual bettor than the lines we will offer at FansUnite.io

If you manage to beat Pinnacle in lines, that would be the biggest selling point right there.

We will definitely beat them in lines. We are going to manually adjust their lines (or the best ones we can get in a market) at first, and then eventually set our own lines, which will always have the lowest margin on them for the bettor.

Manually or automatically adjusting their lines.... I think that's actually what everybody in the industry does, even the big players from Las Vegas.

You are right, that's what everyone in the industry does.  We will be adjusting them to be more profitable for the bettor, instead of adjusting them down. We will be setting our own lines soon enough, however. We will have a press release detailing a new team member with great experience in using machine learning to set his own lines in the coming days.

When the token sale will start ? This project seems not bad. But why use a coin is better than use fiat for betting ? I don't understand..

I can think of a few reasons why you'd want to use blockchain betting vs fiat betting.  I just came across this coin and it looks very interesting.  I'll have to research more.  Is this coin similar to Wager?

Tell me this reasons please because I like betting and cryptocurrency so if I can do both it makes me happy ahah

Is there a possibility of an Android app in the future?

By creating our own digital currency and eliminating much of the spending bloat of traditional sportsbooks, such as payment processors and brick and mortar overhead, we are able to offer bettors more equitable odds. There's a reason sportsbooks are synonymous with printing money, and its certainly not because they offer fair pricing to bettors. Our primary goal is to improve conditions for sports bettors and create a platform we ourselves would be excited to use. We also believe that individuals will have stronger purchasing power through use of the FansUnite token. Our incentives are also aligned with that of our token holders. It is in our best interest, from our individual perspective and that of the platform, for our token's purchasing power to increase.

The main reasons why we feel a need to create our own token are to ensure the incentives of our development team, ourselves, and our partners are aligned with our token holders. We can't really significantly affect the price of Ether, for example, but we can increase the purchasing power of our tokens by driving demand for it. The use of our own token will also, hopefully, help foster a sense of community and pride amongst token holders. If you are a token holder, and have an interest in the value of such token, hopefully you will help that token appreciate in value, as you are incentivized to do so with an increase in your purchasing power. Further, as you've pointed out, we do need our token to store capital and help fund this project.

Hi goshay97, there are similarities to Wagerr, but a few key differences. Wagerr is a fully decentralized betting platform building on their own public blockchain. Their aim is to provide a betting platform free of all regulatory oversight. This is in stark contrast to our approach, as we plan to work in compliance with betting authorities and secure all applicable licenses to operate in the jurisdictions we offer betting services to. We wish to operate this for the long-term and continue to develop and improve the platform. Further, all indications are that the odds offered by Wagerr will be in line with the odds offered by traditional sportsbooks, while our odds will be significantly more favourable to the individual bettor. All of this being said, there's room for the two of us (FansUnite and Wagerr) and more in the crypto betting ecosystem. Their goals are ambitious, and I hope they are able to meet and exceed them.

Great question! Yeah, we definitely will be releasing mobile apps. That will be part of our updated Roadmap which will be released, hopefully, next week.

I'll have to check out Segev LLP, they sound pretty crucial to your whole operation. Thanks for the reply.

This is actually the best way to go about it. Have a specialized company handling everything related to that part of the business...

We certainly think so, as much as the movement is to decentralize and deregulate everything in crypto... it can still pay dividends to have a group with industry knowledge and concern for their community in the drivers seat.

We won't let you down.

The roadmap should be very telling. I'll definitely be checking it out.

Any numbers on this? I find it's a good way to gauge serious interest.

Any idea how much is premined in total at this point?

Sounds good. I would urge anyone looking at contributing to FansUnite.io to check out all of our team members. Not only are we proud of the team we've ensembled, but it's probably best practice to do so for all possible projects, anyways.

Around 600 at this point, but we've got a good foothold in our existing community on FansUnite.com.

How many people work on this project part time or full time?

Is there anything to stop traders from getting a good deal on the tokens early on, only to dump them at the first exchange? I've seen this tactic mess over ICO's before.

Any news on ICO date? I like the project, the team and the real product you already have.
Your platform is pretty cool sir.

Hi BuyingFast, there is a team of 8 that are on the project full-time. I would also guess that our advisors and surrounding team spend at least 4 hours a day on the project, if not more.

Hi BlitzandBits, great question. The tokens being held for founders will be subject to a release schedule for 18 months. In regards to big contributors and the possibility that they dump their tokens as soon as it is listed, we have strategically aligned ourselves with investors that we do not foresee (and have received assurances from) dumping their coins in the short-term. Of course, there is no guarantee, but we are relatively confident as we've had quite a few conversations these parties.

Thanks hughjays77! We've just had the Token Information document designed, and hope to have it released tomorrow or Tuesday, but Wednesday at he latest. That will have all the information in it that you are looking for!

Thanks for your support and for the kind words!

That's great. I could see a service like this getting a lot of mobile users on board.

600 isn't bad, maybe you could try to push more people to it?

What else can you tell us about the updated roadmap? Any other new features besides mobile support you can think of off the top of your head?

Agreed. In our opinion, mobile betting is only going to increase, especially outside of North America. We have a few connections in Africa and Asia which we have not yet disclosed (which I probably cannot yet), through which we hope to penetrate those markets as well.

This project is interesting.  Seems very ambitious of course and the scale of it combined with the history of this forum makes people hesitant to take it seriously.  It would be really cool to see this project become a reality. Will be curious to watch how this develops.

Definitely. I'm just not sure if I should be spoiling the surprise as our guys have been working hard on it and it will be released in a few days. One thing I will state is that we aren't only focused on the sportsbook, however, and will be making a great resource available, hopefully, by end of month.

The cynicism is fair and to be expected. All I can really say to dissuade the cynics is that we have experience in this space, having operated a pseudo-sportsbook with a free virtual currency for a number of years now, have a great team, and are continually surrounding ourselves with others that we think can bring even more value, one of which will be announced in the next 48 hours.

I think anyone interested in this project will be pleasantly surprised by the inroads that we make in the sports betting industry in the next year and beyond.

Seems like solid foresight. Mobile is huge, Asia is huge, mobile betting in Asia should obviously also be huge.

Agreed. Africa's betting market is also exploding, especially mobile, in countries like Nigeria, Ghana and South Africa.

looking forward to the project ,exactly roadmap. i  make the right judgement  and will join on the project.

What is the key difference between this one and other betting projects?

I guess that's about as much as you can reasonably ask for.

Hi MyTimeCoin, do you mean other betting projects in general, or just other blockchain-based betting projects?

The two differences that apply to all other betting projects are:

1) We will maintain the social system wherein members can opt to have member profiles, can interact with other members, and can follow others. This social system will also allow for the display for each members betting statistics (ROI, profit, record... etc.). Members who opt in to this social system will be eligible for our Community Incentive Plan, whereby we will reward users who provide rationale for their bets, have many followers, and/or who are active bettors.

2) We will have the best odds available to sports bettors, with an industry low 1% margin on bets.

Obviously, the biggest difference between us and other non-blockchain betting projects is that we will offer increased security, transparency, verifiability, as well as trustless betting.

There are a few others that are in the blockchain betting space, though we do feel like we provide a stronger and different offering. I'm not going to disparage any of the other ventures as there is more than enough space in this industry for all of us. I will name a few, and you can look into them and ask me questions about them compared to us if you would like:

https://wagerr.com/
https://unikoingold.com/
https://www.decent.bet/
https://www.peerplays.com/
http://edgeless.io/#!/index

How does it compare to decent?? Also will you have a working platform with real bets before any of these?? What are the benefits for the investors Fansunite coin?? Thanks

Though decent.bet is the one on the list I know the least about, from my perspective, Decent.bet is primarily a casino based platform built on Ethereum, though they do also contain a small section in their white paper outlining plans to also incorporate sports betting. As it is very briefly mentioned, we do not anticipate this being a core offering for them. In addition, we anticipate them offering a very standard sports betting platform with no novel features. Their token is also highly likely to be graded as a security given periodic dividends. They do not have the social side that FansUnite possesses, nor I we suspect them to be industry leaders in the sports betting world, as we intend to be.

For FansUnite Token holders, we expect that they will realize an appreciation in purchasing power.  FansUnite has assembled a world-class team of growth hackers (check out one of our team members, Shafin Tejani for reference), as well as a renowned marketing team that has much experience in targeting the demographic that FansUnite will cater to (Has done extensive marketing for FanDuel and knows exactly where this demographic resides). Further, in the next few days we will be announcing some more details regarding our machine learning partnerships and in-house developments that will aid the actual operation of the sportsbook.

Sorry, I forgot to address the timeline question. I'm not too familiar with the timeline of the other projects, but our roadmap will be released tomorrow, Pacific Time, in all likelihood.

Oh so token holders don't get any sort of dividends, so what is the benefit for investing and holding the tokens? I didn't quite understand.

New partnership Announcement: https://medium.com/fansunite/partnership-with-sabercruncher-dc2302f61670

The benefit of holding the tokens is that there will be an appreciation in purchasing power of the token. The benefit of actually utilizing the token is that you have the best opportunity to make money betting on sports that has been presented, and you will be eligible for our Community Incentive Plan, which rewards our most valued members with additional FansUnite Tokens.

Very interesting partnership. You're going to be using machine learning to more accurately predict betting odds?

Is the roadmap up yet? I didn't see it.

It's just getting the final touches right now. Should be up in the next few hours. It will be up at https://fansunite.io/roadmap. I'll make a post in here as soon as it is up.

Yes, we will be. We've tested it over a number of sports, and SaberCruncher has been doing it for years now. It is one reason that we can confidently offer our industry low 1% margin. There will be more articles expounding on this coming out in the next week so that you guys can see why we are confident in our abilities to produce.

You need all the advantages you can get with such a low margin. What if it turns out to be unprofitable? Would you consider bumping to 1.5%? Pretty sure that still puts you below everyone else.

I don't think we would, but I can't speak for everyone on the team, nor can I speak for the community, but personally I would not move from the 1% margin. It's not our intention to be a super profitable company, however. Our value will derive from the appreciation in purchasing power of the token, not from being outrageously profitable. Our goal is to cover our operating costs, perhaps a bit more, and for there to me massive demand for our token. This would reward our community, early adopters, and ourselves. That is our end game.

All of that being said, I am very confident we will be able to operate with these low margins. Not only have I seen under the hood of SaberCruncher and their ability to accurately create industry leading sharp lines, but we are also in talks with another group that would only complement our existing capabilities. For a company such as ours to make claims of welcoming winners, not limiting individuals, and welcoming arbitrage betting, we need to be extremely certain in our ability to deliver.

I'm glad to see you're dedicated on keeping the low margin.

Our Roadmap is now available here - https://fansunite.io/roadmap

Here is a Medium post with some additional information: https://medium.com/fansunite/fansunite-roadmap-released-8c7233e3cad9

Very cool roadmap. You really think it will be ready for Alpha Launch by April?

Yes I do. We have a lot more built then most projects and are not starting from scratch. If you look at FansUnite.com, you will see it is close to a fully-functional sportsbook already. MLB will be ready for sure by April for Alpha Launch.

I'm curious what the biggest reasons were for you to decide to use tokens on this platform?

Hi all, pretty cool post on Medium by our new team member Stephen Rothwell talking about machine learning and bookmaking. Check it out here: https://medium.com/fansunite/machine-learning-in-bookmaking-9311bbf8bd3f   Also a reminder that our bounty program is ongoing and a lot of tokens are currently going unclaimed! This would be a perfect article to post, thanks guys.

Do you have Rothwell's LinkedIn handy?

https://www.linkedin.com/in/stephenarothwell/

By creating our own digital currency and eliminating much of the spending bloat of traditional sportsbooks, such as payment processors and brick and mortar overhead, we are able to offer bettors more equitable odds. There's a reason sportsbooks are synonymous with printing money, and its certainly not because they offer fair pricing to bettors. Our primary goal is to improve conditions for sports bettors and create a platform we ourselves would be excited to use. We also believe that individuals will have stronger purchasing power through use of the FansUnite token. Our incentives are also aligned with that of our token holders. It is in our best interest, from our individual perspective and that of the platform, for our token's purchasing power to increase.

The main reasons why we feel a need to create our own token are to ensure the incentives of our development team, ourselves, and our partners are aligned with our token holders. We can't really significantly affect the price of Ether, for example, but we can increase the purchasing power of our tokens by driving demand for it. The use of our own token will also, hopefully, help foster a sense of community and pride amongst token holders. If you are a token holder, and have an interest in the value of such token, hopefully you will help that token appreciate in value, as you are incentivized to do so with an increase in your purchasing power. Further, as you've pointed out, we do need our token to store capital and help fund this project.

Wow, had no idea you guys had been around since 2014.

Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus.

Good answer. Have you had face to face meetings with SaberCruncher, or is it handled remotely?

great partnership with  SaberCruncher, they own lots of betting history data. Will be a boost for the upcoming ico and release

The Founder is sitting across from me right now. Him and his team will work out of our office most days. So, all of our meetings thus far have been face to face.

Fascinating article, thanks for the share. I'm going to see about getting some of those bounties ;D

Was there any other deep learning companies you were looking at before Sabercruncher?

Yes, but none that had the track record, results, and passion that the Sabercruncher team showed.

The roadmap is great! Looking so good!
Just a question about the Token Generation Event (I'm still waiting the ICO date  :P)..There will be a pre-ICO with a discount for early investors?

Great answer, it seems like you guys are doing everything in your power to cut margins razor thin.

Great question, I just assumed there would be for some reason.

The Token Generation Event date will likely occur between November 5 and November 20. Just waiting for confirmation on the date. The pre-sale is ongoing. We have limited it to a few strategic partners. If you have interest, feel free to shoot me an email at duncan@fansunite.io.

That's great. Glad you were able to find someone so locally.

The other major reason we are able to offer such low margins is that we do not have to get annual revenue of 2 billion a year as some of the existing sportsbooks do (William Hill, Bet365, etc.). We just want to cover operating costs. Our real value will come from demand for the token and the resultant appreciation of purchasing power. So, we do not need to charge 5% margins to try and create as much profit as possible.
Great answer, it seems like you guys are doing everything in your power to cut margins razor thin.

That's an interesting point. Just doing the tokens allows for lower margins.

Hi guys,

Here's a really clear blog posting by us that explains our core value to bettors. Hope you like it.

https://medium.com/fansunite/fansunite-a-love-letter-to-bettors-eccaec73ce6c

Also, we've altered our Bounty Campaign... offering double stakes to all signatures before October 25th 09:00:00 UTC so get those sigs up!

Below is the new Bounty Distribution, please note BitcoinTalk signature campaign now has an additional 10% allocated!

25% Twitter
30% Bitcointalk Signature
15% Bounty Translation
20% Reddit
10% Whitepaper Translation

I need to get in on the signature campaign. You have a thread for it on BCT?

You mean there's already a site for betting, but doesn't use actual currency?

Yep, the free-to-play existing version is available here - https://fansunite.com/ (https://fansunite.com/)

Name a more iconic duo than FansUnite and Sabercruncher, I'll wait...

Nice article. Really catches your attention.

That's awesome. So how different will the final version be from this one?

Do you guys plan to bring on any more advisors?

The final version of FansUnite.io will definitely be upgraded from a technological perspective and from a design perspective. We will certainly ask for our community's input as well while continuing development.

Possibly. We are always in talks with people, but they have to be a strategic fit and a complement to our team. In our opinion, there's no point in adding numerous advisors just to make it look like you have a big team. Everyone needs to serve a purpose.

If you could have anyone in the world become an advisor who would it be and what would they bring to the table for your company?

Oh wow, I had no idea.

The token value going up is an awesome way to accumulate value without taking it directly out of customers pockets.

I've heard some ICOs are having problems with being labeled as securities, opening them up to much more scrutiny and regulation. Is your legal team taking the proper steps to differentiate FansUnite from that?

What's the ICO price of this token?

Just curious about this.

Very true, thanks for the response.

Any bonuses?

Anyone?

Yes me.
This is my account you stole, please do not trust blackcoin883 until it has been recovered.

How about you keep your petty drama in private?

Just ignore the troll, this guy has been harassing me for a while now because he thinks I owe him something.

How about you mind your own business, this is an open forum. Im not here to entertain you or provide you with something.

I am here to warn people to not do business with this account because it's mine and I dont want anyone to get scammed through it, if you mind that then that's your own problem, sorry for you (you can put me on ignore).


Yes you owe me my account back you psycho. You hack my bitcointalk account and then tell people I'm a troll??
Look in the seclog. you changed my email and then my password like 7 times retard.

I will follow you everywhere.

Still no info when this ICO will open even WP has no details about the structure and how many will generated and what is the distribution system.

Hopefully they get it up soon.

Is there an estimated timeframe on the WP?

?  :o

I think the team is still coming up with detailed specfication about how to distribute the fund raised on ico, then it will be updated either in website of WP

Yes, definitely. Though there are still a lot of aspects surrounding the securities/utility/token issues that are undecided, we feel that we have taken appropriate steps to avoid being labeled a security. Ultimately, it will be up to the regulator to decide. However, we are confident that our legal team (Isolas LLP and Segev LLP) have taken the appropriate steps. I am a lawyer as well and have reviewed everything. Our operating company and the company conducting the token sale is based out of Gibraltar, so it will be up to the relevant regulators there.

It has not been set in stone as of yet, but at the moment we are looking at $0.10 USD per token. That is subject to change, however.

Good question! I think that Tony Bloom would be interesting. Ultimately, we expect him to interact with our platform as we will welcome arbitrage bettors, and with our reduced margins we do expect him to use our platform to increase his winnings. With our ability to drive demand for the FansUnite Token as well, it is two opportunities for Bloom to win. We have another advisor we are looking to bring on board who is a very good name in the blockchain space and was one of the pioneers in North America. That one has to be kept under wraps for the time being until everything is worked out.

There will be for the pre-sale, but we are hesitant to give too big of a bonus as we do want to ensure an appreciating token value, first and foremost.

Hi AlloM, thank you for your interest. Ultimately, it comes down to timing for the token sale. We will release the token information document detailing the structure and amount of tokens generated this week, but it will not include a token sale date for the time being. Trust me when I say that this community will be the first to know once we have a token sale date. It will be in 2017, however.

The whitepaper is viewable here - https://fansunite.io/whitepaper.pdf

That's about what I expected.

Hi all, Token Sale Information is now available here - https://fansunite.io/token-sale  (https://fansunite.io/token-sale)

There is a link to a comprehensive document there as well.

Great choice lol. I'm a big Tony Bloom fan myself.

Damn good rates this week.

"When does the Token Generation Event begin?
Q4 2017"

Any more accurate predictions than this?

That's probably one of my favorite roadmaps I've seen on these forums. Simple, functional, stylish. I'm a sucker for aesthetics though.

Not at the moment, now. Most likely the Token Generation Event will occur in December.

Thank you for the kind words! I'll pass the complement on to our dev squad!

Nice update. Keep it up

So much going on in December, can't wait.

Will the platform be ready for the World Cup next year?  :D

Just curious if you guys have any patents for this project?

Okay, thanks for the response.

So they're on staff and not just temp hires right? Same guys making the rest of your platform?

Same devs you see on our team section currently are the guys who made the site and that are building our future platform.

We're really proud of the team we've assembled, these guys can crush deadlines too.

We're confident in the timeline set out by our roadmap, significant progress is already underway and we look forward to sharing those updates with everyone.

Join our Slack (https://fansunite.io/slack) to stay up to date with the latest!

No we don't. Besides, we are believers in sharing as much as we can with the community once the platform is up and running for them to build off of or use as they see fit.

Still no confirmation on the Token Generation Event date?

So much of the platform will be open source?

How much of the token distribution is dedicated to bounties?

That's good to hear. You never know what kind of cool stuff could come of this when you have thousands of people adding onto it.

That's awesome, taking pride in your team and work is the best way to keep morale and motivation up.

No confirmation. It will, most likely, occur in December 2017 now. There were a few issues we needed to work out from a legal perspective, and now believe that they are taken care of.

It will be a team decision, and I'm just one of four who will have a significant voice, but it is my ope that most/all of the code will become open source after full-launch. It is our intention to provide unprecedented access to data from a sportsbook, and this would be just another step in that direction.

I believe the bounty thread states that 0.5% of tokens will go towards the social bounty, and another 0.5% of tokens will go towards a bug bounty.

That's exactly right. We are hoping to significantly expand the FansUnite ecosystem, with community contributions playing a big part moving forward.

That sounds great, you haven't discussed it with the rest of the team? They oppose it?

1% total, I see. Is there a signature campaign? I can't seem to find it.

That sounds interesting, I'd also like to see.

Okay, you guys still going through Segev llp? https://calvinayre-com.cdn.ampproject.org/c/s/calvinayre.com/2017/09/28/press-releases/segev-llp-appointed-advisors-fansunite-io-ico/amp/

Does the token itself differ from others, or is all the innovation concentrated on the platform/service?

A great idea to mix the betting business with an active community ecosystem, creating bonds, competition and growth... worth of worldwide betting is priceless, maybe with this structure, a good marketing and awareness campaign and an open mind you can get a good share of it...
when you need portuguese translation, count me in
good luck!!

Still wondering about this.

The competition will probably be the coolest part. Get all your friends signed up, and see who's the best at predicting the winners.

Is there anything unique about the token itself, or are you relying on your platform for that?

Who do you consider your biggest competitor, there are some other token based betting platforms right?

Yeah that does sound awesome, with leaderboards and everything.

I've had an opportunity to discuss this with the team now. I think we are all in agreement that we will open source as much as possible. The only thing we definitely won't be able to open source would be things related to the setting of lines and our Machine Learning algorithms related to that aspect.

Yes, there is a signature campaign. The first post here contains the information - https://bitcointalk.org/index.php?topic=2227501.0

Sorry, I would have reproduced it here for you, but it would clog this thread as it's quite lengthy.

Yes, definitely. We are still working with Segev LLP and ISOLAS. We have the utmost confidence in these two parties.

The innovation is definitely concentrated on our platform and service offerings. Information regarding our token can be found here - https://medium.com/fansunite/fansunite-token-and-crowdsale-bb6d1a07be3e (https://medium.com/fansunite/fansunite-token-and-crowdsale-bb6d1a07be3e)

Thank you very much for your support dentolas! We are very excited about the FansUnite platform and community and have great confidence in our marketing team. They previously did a lot of marketing for FanDuel, so know exactly where our target demographic resides and how to get their attention.

Hi 2l84aa, thank you for the question. Yes, there are some other token based betting platforms. I will describe the major differences between them and FansUnite. That being said, they are not our biggest competitors, in my mind. I believe that our biggest competitors will be the traditional online sportsbooks.

The difference between FansUnite and the other token based betting platforms are:
 
Unikrn
Unikrn plans to offer a betting platform catering to the eSports market only. They are also built on Ethereum and, though not stated, we presume that their fees are in line with traditional books. They have a good existing user base and platform, though only servicing the eSports betting market means they are not a direct competitor for us.
 
Decent.bet
Decent.bet is primarily a casino based platform built on Ethereum, though they do also contain a small section in their white paper outlining plans to also incorporate sports betting. As it is very briefly mentioned, we do not anticipate this being a core offering for them. In addition, we anticipate them offering a very standard sports betting platform with no novel features. Their token is also highly likely to be graded as a security given periodic dividends.

Peerplays
The major difference between FansUnite and Peerplays, from a betting perspective, is that Peerplays are building a peer to peer betting platform. Essentially, Peerplays will be building a betting exchange in which one user bets against another user, necessitating the finding of an opposing side to your bet before bets are accepted. Liquidity may be a major issue for PeerPlays, much like other attempted betting exchanges have been pushed out by BetFair's monopoly in the space. FansUnite will be building a platform more akin to a sportsbook like Pinnacle or Bet365 where we, as the house, take the other side of member bets. We will likely also offer an exchange component to our services, but it will not be the core offering as we cannot presume to be able to compete with the liquidity that BetFair has in the space.


Wagerr
Wagerr is a fully decentralized betting platform building on their own public blockchain. Their aim is to provide a betting platform free of all regulatory oversight. This is in stark contrast to our approach, as we plan to work in compliance with betting authorities and secure all applicable licenses to operate in the jurisdictions we offer betting services to. This is a priority for us as unlike the Wagerr team, who plan to step away from their project, we wish to operate this for the long-term and continue to develop and improve the platform. Further, all indications are that the odds offered by Wagerr will be in line with the odds offered by traditional sportsbooks, while our odds will be significantly more favourable to the individual bettor. The time to resolve bets and get money back in the hands of the bettor will also be much longer on Wagerr as compared to FansUnite.

All this being said, we would do what we can to support and work with these other token based betting offerings. There is room enough for all of us in the space, and more competition can only help ensure wonderful offerings to the betting public.

Of course, there are others which are purely prediction markets, which do not offer the same experience for sports bettors as detailed in this Medium Post: https://medium.com/fansunite/prediction-markets-sportsbook-1189a3bee2d0 (https://medium.com/fansunite/prediction-markets-sportsbook-1189a3bee2d0). The major players in the prediction markets space are Gnosis, Augur, and Stox.

That's a bold move for Wagerr, very risky it seems like. I do wish something like that existed, I think people should be able to do what they want, but I'm not willing to bet money on it happening.

Need to wait until 2019 to have a mobile wallet?? That's too long. ???

Yeah that would have been a nightmare.

As long as there is innovation in one of the two, I see no problems. I definitely believe your platform will be novel.

I'm glad you have someone reliable helping you with this part. The legal aspect is probably the scariest when it comes to this area.

That is a super long time. Maybe if this is more successful they'll be able to allocate the resources and get it done sooner?

Agreed, whole purpose of having a functional token like this is the ability to use it. With the mobile launch and beta so far away, there is very little incentive to buy this token in an ICO. It will not likely appreciate much in price from ICO date until platform launch as the team is not doing anything particularly innovative in the blockchain space. You are just building a sportsbook with low margins. This ICO would be more successful if you had a current website we could bet on with just bitcoin for instance to get excited about the low margin offerings with high liquidity. And then you could present the ICO and you'd raise a whole lot more.

Something like Wagerr may or may not work out, but at least there is a rationale for an ICO for a project like that. I'll wait for this one and look forward to using your platform as a bettor myself when it is ready in fall of next year, but I will be holding other coins/tokens until that time as they offer far more growth from now until that time. This token has no incentive to 'get in early' so to speak. Hold your bitcoin and/or altcoins and buy this one next year guys. You'll have a lot more FAN to bet with that time. If all the tokens in week 1 were sold, it'd raise 117,000 ETH. This project doesn't need 35+ million. It could do fine with 1/10 of that amount. The minimum raise of this project at 5,000,000 should actually be the hard cap if valuations actually mattered in the crypto space.

I'm sure there's a good reason they aren't disclosing their fees.

Yeah, like the fact that it's 2x-3x higher than FansUnite.

Hey cryptokyle,

Thanks for the support (long-term anyway :)). There's definitely a little confusion as to the difference between a mobile wallet and a mobile app, our 2019 projection was a conservative timeline for a fully native mobile app launch...Also, our token is purely an ERC20 token, which will mean it can be stored on any mobile wallet that is set up for Ethereum altcoins. Our platform wallet will be available in conjuncture with our closed Beta launch June 2018.

While we do agree with your point that the price of FAN will likely shoot up significantly upon the launching of our actual betting platform, I think your expectation that we just build out a full functioning book already operating with a 1% margin and high liquidity with zero funding is a little unrealistic - the entire point of a token sale is to generate funds to build, market and license this project. As we are taking a fully regulatorily compliant approach, there are significant legal and startup costs associated with securing licenses globally. In addition, in order to meet our aggressive timelines and plans for rapid market acquisition, there are equally significant development and marketing costs that we will be incurring.

As always, thanks for all the feedback guys.

Wallet will be available in conjuncture with our closed Beta in June 2018 :)

Definitely... I would bet it would be closer to 6x higher, if not more. We will offer the same events, most likely, just at drastically better odds for the individual bettor.

So what will the native FU wallet offer that we can't get with any other wallet?

That's a good question, if you mean the mobile based one.

Project looks good. Betting and football related projects can get good investment in ICO's.
Your visual designs are nice too. Good luck :)

Yeah there's a few of them it seems like, but damn I'm not sure anyone will ever be able to match their fees.

Anything from FansUnite?

Has anyone listed on your team left the project?

6x sounds like a lot, but realistically it's only like 3%.

6x and 3% are both a lot in this field. Margins are razor thin. That extra 2-2.5% could easily be the difference in being profitable or not.

Yeah all their graphics look great. Clean, and sharp.

The platform wallet will allow bettors to bet on our web-based platform (and mobile from your browser) as soon as we launch our beta. Our timeline for the mobile app, which will include the wallet, is conservatively set for 2019 - though we internally hope to best this timeline depending on hiring etc.

The platform wallet will allow bettors to bet without worrying about paying transaction costs associated with placing a bet.

I think it is a good idea to provide bettors with a cheaper, transparent and secure betting platform by utilizing smart contrast ETH token. way to go!

which other elements does your project infrastructure include?

I'm not totally sure what you are asking here. I'd be happy to answer any questions, do if you don't mind providing just a bit more detail, I'd be happy to answer! Either way, thanks for taking the time to ask!

No, and that is very unlikely to happen (as far as I can tell) for the foreseeable future. We are a very close core team that has worked together for a number of years.

Thank you very much for the kind words!

Thank you! We are very excited at the prospect of transforming the betting landscape to be much better for the individual bettor, if you will. Basically, we want to give the individual the best tools and odds that we can so they have their best chance at profitability!

Okay I want to understand this fully. The transaction costs of placing a bet is different than the .5% fee I've heard about?

Our fee is actually 2%, this is baked into the odds we offer so you'll be paying $100 to win $98... if there's a matching $100 bet on the other side that loses then they just surrender that $100..... so off of a total of $200 laid down, FansUnite earns $2 which is a 1% margin / vig.

The transaction costs we refer to above are actually Ethereum gas costs, which you would be subject to paying if you elected NOT to use our platform wallet and just sent FAN to our bet smart contracts via metamask or myetherwallet.

Good. So much better to have a small loyal team than a large unmotivated one.

I'm surprised nobody has gone the lengths you've gone through to lower costs and provide the absolute lowest cost platform possible.

Nice project but on this period no one would like to invest on a project which will be on air at 2019. Its pretry long time. At least a beta version should be ready on ico period and platform should be ready in 6 months if you guys really want some investment

Thanks for the clarification. It would be nice to save some in ETH fees. I can see why it's kinda on the back burner now too, it's not absolutely crucial to your model.

Are you guys looking for new talent to bring onto the team?

Thank you for your comments. We have an existing platform with over 100,000 users viewable at https://fansunite.com/. We will have an Alpha version available for the real money sportsbook in April of 2018, and a Beta in June of 2018.

We are always interested in talking to potential new hires that are passionate about the project. As you can imagine, sports betting is an industry that some people really are passionate about, and as such, we've had quite a few reach out to us. We will always make time to speak with our community, and people who are interested in working with us!

I guess they were confusing the mobile wallet with the platform launch?

Since you guys basically have an in house machine learning team, are there any other uses they have come up with for machine learning with FansUnite besides prediction of odds?

So where can I send a resume?

So those are the only fees? No loading fees, etc.?

This response alone should show any doubters that you're the real deal.

Anything?

I'll just email it.

There was a different betting project.
assessable. original projects are likely to be successful projects for me.

Not sure I understand, there's a lot of gambling projects.

That's a good question, I'd also like to know what they're cooking up.

Therein lies the problem. There are A LOT of gambling ANNs on this site, so competition for this is high.

Great question. There are a number of other uses for ML, but of course, the creation of sharp lines will be the focus. Other features we may use ML for, as the data is already created on our end to help set the lines, are fantasy point projections, optimal lineups, and data visualization.

Feel free to send me your information - duncan@fansunite.io

No other fees from our end. Our aim is to give bettors the best chance at profitability, and in pursuit of that, we are cutting costs everywhere we can. There will definitely be no hidden costs either.

Thanks for the kind words, okspam!

Agreed. I believe it's up to the prospective contributor to do some due diligence and ask the necessary questions to gauge their comfort level with the proposed team to successfully build what they are saying they are going to build. I believe that any prospective contributors interacting with our team will be excited with our team and the potential.

Thanks, those are some good uses of it.

Is Email the best way to get ahold of you to talk specifics?

That's like 33% cheaper fees than I've ever seen.

Yeah I can't find anything cheaper after googling for it.

How long hast he existing platform been up anyway?

So how is progress coming on the roadmap? Everything still looking achievable in the timetable set out?

???

Is there a particular country the majority of the team is from or is it more globally based?

I'm not sure if it's even possible to have cheaper fees and still have enough to pay for the project.

Which is why having an ICO can be useful. They have a financial cushion, and as the token value goes up that's more money that's not needed from fees.

Yep. duncan@fansunite.io

Since September 2014. More information is available here - https://fansunite.io/roadmap

Yes, definitely. We think the roadmap timelines are aggressive and achievable, however, even with these timelines, we are big believers in over delivering  ;)

Everyone lives in Canada (except some of the advisors), and works out of the same office every day. Great core team that are used to working together and will be in it for the long haul.

Thanks!

That's a breathe of fresh air. Almost everyone else seems to be Eastern European for some reason.

I think it's good they actually have an office too. Keeps people more motivated than just sitting at their house.

Where can I learn more about the FansUnite ICO? Are you on Medium?

Yes! Our Medium is here - https://medium.com/fansunite (https://medium.com/fansunite)

Just finished the Italian ANN, you can find it here (https://bitcointalk.org/index.php?topic=2372019.0)

I hope this project will have the attention it deserves.

Any news about ICO date?

Guys, what do you think about the ICO? how promissing the project is?

That's awesome, are you guys Toronto based by chance?

Nice article.

When will you be releasing bounty compensation?

I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

When you came out with the original platform, did you plan on making FansUnite the way it is planned today? Or was it planned originally as a more traditional betting site?

Thank you for the translation. Very likely it will be in December 2017, though we have not yet made an official announcement.

Personally, I think it's pretty promising! I think the major difference is that we aren't trying to revolutionize the world, though some of the projects out of here are inspiring and ambitious. What we are doing is taking a great use case for blockchain technology, sports betting, and creating a product which betters the existing products out there. We will be giving bettors their best chance at profitability by providing industry leading odds, and offering a platform with increased security, transparency, and reliability.

Vancouver, though we are out in Toronto every few months.

Bounty compensation is available here - https://bitcointalk.org/index.php?topic=2227501.0 (https://bitcointalk.org/index.php?topic=2227501.0)

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

Originally, when we released the platform in September of 2014, the plan was for FansUnite to eventually operate as a more traditional betting site. However, after integrating blockchain in September of 2016, we changed our plan to the vision we have today. Great question.

So SaberCruncher is Vancouver based too?

Yep! The group works with their desks next to ours now every day.

Do you guys have any pictures or videos around the office? I'd love to see your setup.

Nice thanks for the prompt response!

It does seem like a logical transition to the blockchain. Traditional sites will probably be antique in a decade.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

That's great. I hope you guys are able to work together in the long term.

Any chance of you guys expanding to eSports betting?

There's a bit of a video in the background of http://victorysquare.com/ (http://victorysquare.com/), but we will try and get a proper one of the FansUnite team set up.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com (http://FansUnite.com) and will definitely offer eSports betting on our real money sportsbook at FansUnite.io (http://FansUnite.io)

You guys still using victorysquare?

That's great, there's lots of money to be made there.

I remember another token Hero, they have already a mature project for betting

Interesting, do you specialize in blockchain or betting?

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

Hero only offers eSports. We offer everything from eSports to darts, to cricket, to tennis, to NFL, to English Premier League.

I specialize in the intersection of corporate commercial with blockchain and digital asset law.

Fansunite might not have a mature betting platform, but they at least have a good demo of it.

People often underestimate it. I remember one year an event being more watched than the World Series.

So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan

You sound like a useful guy to have around in a venture like this then!  :D

Very solid plan it sounds like.

Are you guys seeing good results from your bounty campaign?

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers

Yeah good uses of the tokens.

Are there any new features still in the ideas stage that might not even make it in?

That is impressive, and that was years ago. I bet it's even more watched nowadays.

I hope you are.

Yeah you're right, 2014 had 23M viewers. 2016 was up to 43M!

What would you guys say your biggest obstacle to date has been?

Anything come to mind?

Very impressive, especially considering how many other options there are in eSports nowadays.

Curious about this

Any big investors on board?

It's exciting to see the adoption from the community, but there are definitely a lot of tokens left out there for interested parties. Hopefully we get a bit more traction.

We always throw a bunch around every day in the office, but nothing we've really locked in on. The closest idea to becoming a possibility is that of staking other bettors, though we do still need to work out the legalities of everything surrounding that.

Balancing the commitments required in traveling and attending conferences with the ongoing demand for meaningful work to get this platform finished. It's definitely an exhausting balancing act.

Yes, a major shareholder of one of the biggest sportsbooks in the world is a contributor. I can't name names yet, but there may be a press release in the upcoming weeks.

That is a surprising answer. About how many conferences have you guys been to now?

That's great, I can't wait to find out who.

How much have you guys already invested into FansUnite if you had to estimate?

Personally, we've spent a good few years and around $400,000-$500,000 from the founders. We've had a few different investments, however, that have helped immensely. That was for FansUnite.com, however. Keep in mind that FansUnite.io, the real money sportsbook, is a separate venture that we've been developing in-house for the last 6+ months.

It's hard to differentiate yourself in this field. Just gotta keep trying though, and pushing what makes you so special. (Which in my opinion, is your extremely low fees.)

Separate venture but ran and developed by the same team right? That's quite a lot of investment already, it's obvious you guys are all in.

How many people are working on the project now?

Must be a lot, any specifics on which ones FansUnite has been featured at?

It was 8 full time a month ago, curious if it's grown now.

Hi Buerra,

Thanks for the feedback. You'll notice on our timeline (https://fansunite.io/roadmap) that our Full Beta is actually Q3 2018 and we'll actually be grading bets with FAN at that point for the North American major sports leagues + soccer. Other leagues and native mobile applications for FansUnite won't be until 2019 per this projection but we will do our best to beat the timelines we've set out here.

Cheers,
Jonny

So, does it have a defined date for the start of the token-sale? Will the bets be made only with the tokens, or could it be with other altcoins?

Our token sale is tentatively set for December 12th - though this is not fixed in stone as we are assessing recent changes to the altcoin market climate.

Our team is unchanged as of yet and still can all be found here: https://fansunite.io/team, we are starting the process of looking for more devs / engineers however.

We've been to four major conferences, and a few smaller meetups. Being based out of Vancouver, Canada, we've traveled, in the last 60 days, to Gibraltar x2, London x3, Spain, Germany, Switzerland, and Hong Kong.

Yes exactly. Separate venture, but ran by the same team. We will utilize the existing IP where possible to jump-start development as well.

It's still 8. It's a very tight knit group that work together for 12+ hours a day. We will definitely complement our team where needed.

I am looking forward to this one, seems there are interests from VC. Blockchain can create transparent bets

Definitely. Blockchain and Smart Contracts will ensure that bets are properly graded and paid out accordingly.

Hello Jonny,
Do you know anything more about the certainty of this date? Also, any important news to share with the community?

More than 10 days without updates...

Not a good signal  :-X

one more betting  ;D

Hey devs!

Check your ICO listing & other great cryptonews on Zloadr https://www.zloadr.com/icos?id=135

PM us if you have an advertising needs we hope to make your an ICO a great success!

You knew that the company FansUnite ranked 10th among the best ICO in 2017. I congratulate you and wish you success. I think you will have a good profit) Well done.

currently I like betshoot about free tips and now you offer pro tips, if I buy your service do you have a guarantee about profit? About free tipster, do you have a reward for best tipster of the month?

Hey hughjays77,

Sorry for our tardiness in responding, just been hard at work on the platform and trying to boost our profile. We've recently been featured in Forbes here (https://www.forbes.com/sites/darrenheitner/2017/12/02/a-startup-sportsbooks-big-bet-on-creation-of-its-own-cryptocurrency/#3c88f0ddf3bf) and on an INC top 10 ICOs in 2018 list here (https://www.inc.com/bill-carmody/top-10-initial-coin-offerings-icos-to-watch-heading-into-2018.html).

I definitely apologize for not relaying on updates here about our token sale but please do join our Slack (https://fansunite.io/slack) or Telegram (https://t.me/fansunite) to stay up to date on all the latest!

Hey zloadr,

Thanks for listing us on your site! May I dm you with more information to populate our listing?

Cheers,
Jonny

I joined both, but I really do not see so much news. Your Twitter sharing the same tweet, on medium the last update dates back to November 11th. You are completely absent here, and the ICO is yet to happen.
Try to look at the other ICOs, how they are managing all this things. Without a community behind the project it will be difficult to have a successful ICO in this period (although the project is very good).

please respect your supporters and share some information about project status!!!!!!

Hi everyone,

Our apologies for the long delay in correspondence, but our team has been hard at work on our platform and has some excellent news to share. We are excited to announce that we have secured private funding that will enable us to build the beta for our platform prior to conducting our token sale. Ultimately, we feel that this is a best case scenario for both ourselves and the sports betting public at large, as we will be able to focus on development and provide a working demo of the product that should instill confidence in our ability to deliver an impeccable sports betting product.

What does this mean to our community members?
Private funding means that we are able to move quickly and deploy funds immediately towards the rapid development of our vision for the FansUnite platform. It also means that we're able to devote our full attention to hitting the milestones that we've set for ourselves in our development roadmap.

Will there still be a token sale?
Yes, there will still be a public token sale and our whitelist members will still have first access.

What progress have you made this past few weeks?
We've been able to build out our bookmaking capability to include basketball, which is now ready to be included alongside our projected opening day offerings of football, baseball, tennis, and cricket.
Our devs are also in the final stages of testing a react native mobile app for the existing free to play fansunite.com platform that will serve as a feeder platform into our sportsbook.

Other news...
For those who haven't had the chance to see these yet, we were featured in Forbes and Inc.
Forbes article (https://www.forbes.com/sites/darrenheitner/2017/12/02/a-startup-sportsbooks-big-bet-on-creation-of-its-own-cryptocurrency/)
Inc article (https://www.inc.com/bill-carmody/top-10-initial-coin-offerings-icos-to-watch-heading-into-2018.html)

We're appreciative of all the support we've received so far and for your patience with us as we've focused on securing private financing and development. As always, please join our Slack (https://fansunite.io/slack) or Telegram (https://t.me/FansUnite) for a direct line with our entire team.

FansUnite have been building out the platform and not focused on marketing. But they are always noticed by the community cryptocurrency, FansUnite is a one of list. Good luck  ;)

http://inc-asean.com/technology/top-10-initial-coin-offerings-icos-watch-heading-2018

Hello JonnyFU,

You said that there will be an ICO. But WHEN? I'm following this project since November and the Token Generation Event was estimated on 12 of Dec, then was postponed. Now is Mid-Jan but we still don't have any sure date.

Same with this guy's question. I am also waiting for when the official ICO will be implemented because there has been no definite decision. If a situation like this is left, it will probably make people will skip or forget this project.

Some policy restrictions have been delayed.

Can you give us an idea as to when to expect more details about the airdrop?Thanks

Is it legal for US citizens to use this platform?

i don't see a point why It should not be. the whole thing of crypto is to act decentralized so I guess it does not care where u are or not

Hi hughjays77,

We're just finalizing a date now, our whitelist is getting a big push and we're comfortable with our development progress that we will be able to have a demo up and available to the public by the time we do our token sale. We felt this was important in order to earn the confidence of our prospective backers and future customers, though we understand the delays have been an annoyance to our early supporters.

Hope that helps to explain some of the delay in us following through with our public token sale.

Cheers,
Jonny

We are working hard with our counsel to find some way to legally get our tokens into the hands of US citizens. Though at the present time we are unable to say we are accepting US investment or customers. Worst case, we are very optimistic that betting will become legalized on a state by state basis later this year.

Hi guys,

just wanted to announce our Betting Groups Contest that will begin February 1st. 500,000 FAN will be given away each month for the betting group able to earn the highest ROI.

Check out contest details HERE (https://fansunite.com/groups-contest).

Good luck guys.

is there already a date for the ico?

Is this project officially dead right?

Thank you! Very interesting. I like the idea of your project.
I will study the information and maybe take part in the contest.

Not at all. News will be coming out soon. We've been working hard building the backend of the platform.

Almost 5 months since this thread appeared but until now there has been no certainty when the ICO will be implemented so that many people think this project is dead. Hope good news will come soon.

What sports are you featuring on your platform?

It will be all sports on a traditional sportsbook. From Champions League to NFL to darts to eSports to volleyball.

Hi all,

First off just wanted to thank you all for your continued support over these past months. It was never our intention to have the bounty campaign run for this long. Several factors contributed to us delaying our token sale by a significant margin and consequently pushed our bounty promotion end date further and further back.

Our team has decided that with our project expanding in scope to encapsulate the creation of a sports betting protocol, rather than just the construction of a lone-standing sportsbook, that it is unfair to extend the bounty campaign yet again - and so our bounty program is being suspended for the time being. Please check out our blog post here (http://"https://medium.com/fansunite/fansunite-bounty-update-67831ab970b7") for more details on the decision.

All actions performed so far in the campaign will receive their proportional share of the 3,500,000 FAN bounty pool, and only actions before Feb 26, 2018 will be counted towards the old bounty pool. Any actions after this date will count towards the new bounty allocation (which is yet to be determined as we revise our token structure for our protocol).

Look for us to come out swinging in Q2 of this year, and please do join our slack (https://fansunite.io/slack) and telegram (https://t.me/fansunite) to stay up to date on all new developments.

Thanks so much.

when will the bounties be distributed?

The ICO has not been officially announced when it will be implemented so do not think the bounty will be distributed. All we can do now is be patient and hopefully there is good news from them. Btw, don'tt forget to check out the new fansunite sports betting protocol : https://fansunite.io