Bitcoin Forum

 

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Massive Online Gambling (MOG) B.V. (https://ico.mogbv.com/), hereafter referred to as MOG, is fully licensed and regulated to offer gambling by the laws of Curacao under the Curacao Gaming Authority license number 1668/JAZ. The company obtained its license in November 2016 and launched its first game December 2016 under the brand Explosive Gambling.

The vision of MOG is to transform the online gambling industry by introducing a totally new gambling concept. We want to offer 100% transparent and fair gambling based on Blockchain. Due to transparency, the payouts will be higher than on any other platform. The ‘house’ takes a fixed fee per game; we also charge a fee for marketing, the rest stay in the prize pool and will be paid back to the players for each round played. There is also always a winner in our games.

Our concept is built around the ‘power of many’. The more people who play the better and more rewarding our games become. But contrary to most other games, our games don’t necessarily become any harder to win as the number of players grows bigger. Traditional lotteries are a good example, the more tickets sold, the worse the odds become. But this is not the case with our lottery, Lotto Poker, where the odds are a maximum of 1:100 000, no matter how many players participate.

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With a vision to create a fair and transparent gambling business, where the player’s interest
comes first, it was a natural step to add blockchain and to use token issuance as a fundraising tool to enable MOG to change the online gambling world.

20 million tokens to be issued, 15 million available for the campaign.
Tokens will be built on the Ethereum platform, ERC20 compliant.

Tokens will generate rewards to holders based on company’s revenue - 10% of company’s revenue will be paid to token holders quarterly, from January 2019.
The revenue from entire 2018 will be distributed in January 2019.

Token holders will be awarded tickets in MOG Jackpot draws.

Our token sale will be held according to the following schedule:

Start date - January 19th, 2018
End date - March 31st, 2018 (earlier if all tokens have been sold)

Start od development phase - March 2018.
Minimum funding goal for ICO (Soft cap) - none, we are a fully-operational company
Maximum funding goal for ICO (Hard cap)  - 7,5 million Euro

Initial price per MOG coin - 0.5 Euro

Token will be listed for public trading on exchanges, middle of 2018.

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When it comes to token allocation, the following applies:

• 20 million tokens will be created.
• 15 million tokens will be offered for sale.
• 3 million tokens will act as prize pool guarantees. Locked for 24 months
• 2 million tokens will be held in reserve for future unknown costs. Locked for 12 months.

Out of 15 million tokens sold, funds will be allocated according to the following schedule:

• 40% jackpots for the first 2 years
• 35% development
• 15% campaign costs, bounties and bonuses
• 10% online marketing over the next 24 months

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Tokens will be distributed in two ways. Tokens purchased with FIAT will be issued after the crowd sale has ended, and tokens purchased with Ether will be issued instantly (beginning March 1st, as we have a few deadlines to clear out in regards to the ongoing gambling development before we can launch this update). As soon as the data is verified tokens will be allocated. Since token holders already have registered to take part in the ICO we expect the allocation process to be fairly quick.

Our goal is to get our token listed on the popular exchanges by the middle of 2018, to enable token holders to trade the MOG tokens. We expect the tokens to have a significant upside, but it is important to keep in mind that our projects have a long-term plan, and that the token price is set by the holders and not by MOG.

Profit share will be paid quarterly to token holders. The date of the payout will be communicated. In order to receive the payout, the tokens will have to be returned to the MOG wallet, or any other wallet which supports the payout.

First payout will take place January 2019 where all four quarters of 2018 are paid together.

Thereafter MOG will distribute the profit share on a quarterly basis.

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If you have any questions, feel free to contact us in our Telegram Chat - https://t.me/joinchat/FvzOGQ_dg3B_Hp_Nlfsyrg or by email at - marketing@mogbv.com

Thank you for reading, and we are here to answer any questions you may have! Looking forward to hearing from you!

Interesting project. Is there any bounty or airdrops?

Hi there,
Yes, you can check our bounty here - https://medium.com/mog-ico/mog-bounty-campaign-kicks-off-49bdc2d6fc84  :D

are you kidding ? there is no bounty there or you are promoting your medium for viewers and visitors  ???

Please sir, take it easy, you can find the links in the Medium article. You can also find them at the beginning and the end of ANN text. Also, here's a link as well - https://bitcointalk.org/index.php?topic=2946509.msg30263284#msg30263284

Thank you  :)

Hey. You should make more obvious, maybe like creating a separate paragraph. And list all the options how to participate in bounty campaign.

Certainly there bounty. you can check in https://bitcointalk.org/index.php?topic=2946509.msg30263284#msg30263284

Will you have a signature company? I read the white paper and the answer to my question appeared. I would like to participate, the project has a perspective.

I see no program for bounty signature campaign, or maybe you miss it, I am interested in gambling projects, most gambling projects have a very big CAP, monitor the progress of this project. ::)

a very long project of good luck

added your tweet if there is a desire to thank the addresses that you will always find on my page in Twitter   _{https://twitter.com/Bill_Djons/status/963741982853160960}

Thanks for the advice, we will do it. Appreciate your help.  :D

Thank you for your kind words Alistair. The company behind the ICO is well-established and the platform is going to happen no matter what, which lowers the risk for potential investors in the coin. On the plus side, token holders get a 10% of company's income, paid quarterly. There is a lot of money in the gambling industry, so returns could be really high.  :D

Hey mekar sari,
Well, we always try to play it fair. Although the majority of our funding will come from fiat players on our platform and there is space for raising more money, we have set our hard cap to 7.5 million Euro. It's an honest approach and we hope that the market will see it. :)

Thanks a lot, we'll show our gratitude on March 1st when we start our token distribution to ETH buyers. :)

You can get more details about the bounty campaign of MOG here: https://bitcointalk.org/index.php?topic=2946509.msg30263284#msg30263284

We are proud to see that our rating on TrackICO is high! We scored 4.3 out of 5. Check it out by following the link below. 
https://www.trackico.io/ico/massive-online-gambling/#overview 

p.s. We are working on improvements to make that score even higher! 😎

wow congratulations on this high project rating!
I'm very happy and anyway this project deserves this. because your project is interesting and good.

Thank you so much join2. We are really working hard to make all of this happen, and revolutionize the gambling world :)

such interesting project. is there any bounty or airdrops for this,hope this gonna succed

Thanks for the support! You can join our bounty here https://bitcointalk.org/index.php?topic=2946509.msg30263284#msg30263284.

Check out this new review of MOG ICO! 😎
https://bitcoinexchangeguide.com/mog-ico-ico/

Licensing in 2016 by Curaçao was positive. Even EDGELESS had struggled for a pretty long time for licensing processes. Let us see, it is a considerable project.

Yes, it was. I think this only adds value to the project, as we were able to get a license even back then.  :)

This is a great project and I think this project will be able to achieve success.
We give the best support to the project, so that all the teams so much excited again to make this project into a great success.

Thanks for the support! You can also earn stakes by joining our bounty thread.  ;)

Is there a counter where we can see live the contribution sum?
If not, would you mind telling us how much has been gathered so far?

see the gambling project again hopefully this one can successfully achieve the targeted results and will many participants enliven the success of this project always.

Gambling projects to date are still much sought after by many people and it became a good chance for this project could be developed more and more I hope this project can succeed and be successful.

Yes, true live how teams can cultivate this project in order to be more attractive again for investors. spirit again for the team and also participants in the projects in order to promote further the results satisfactory.

a project like this is indeed attractive to many people, because it is a lot of projects like this that's been successful. but I believe that this project definitely has its own advantages that are not owned in another project, hopefully this project will be managed as best as possible by all the teams.

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Got my bounty tokens.

Thank You & Good Luck!

About the 10% profit shares of this project, in what period does the profit will be shared? is it daily, weekly, monthly or yearly?
Since all i can see, this kind of project is mostly reach a their goal.

This project is feasible,
I found pretty good online gambling ideas connecting many players around the world but I'm still suspicious when something may have changed the results.