I've been just looking for an excuse to get a server... This could be it! Can you please estimate for me how much 100000 Syscoin would cost in USD? |
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I don't have further info but i guess so, miners pick their currency and get payed with that on the platform wallet, the integration will help them if they want eventually convert to another currecy.
I imagine miners do a lot of transactions. Those fees could really help the platform out. |
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This project looks interesting and I like that it’s focused on football, but why do you think that this will be successful? How are you different than other ICOs in the space?
Hi GoBelle, thats a great question! We're different than other ICO's in the space because we are the first of our kind in the sports world. To date, there has not been another ICO that aims to create a financial infrastructure for a sports platform and ultimately for an entire sports industry. We believe we'll be successful because of this point exactly. In addition, the problem(s) we're trying to solve using blockchain and our platform will help both clubs, players, and fans! How do people from within the industry benefit by using Stars Group compared to the way they're handling it now? Right now, in the industry, clubs receive sponsorship, broadcasting, merchandise sales, tickets sales, and transfer fee revenue in different currencies, and at each exchange/transaction point, the club loses money in transaction fees. As we increase consumer interaction with the Stars Group Platform, we intend to utilize the platform internally for intergroup player transfers and international transactions. This would benefit clubs and owners because it would automate the process, and ensure that the transfer is made on time, for the agreed to amount with a single currency, eliminating the currency exchange. That actually does sound really useful for people in the industry. What kind of fees would they have to pay to use your platform instead? There is a small transaction fee when you make purchases on the platform using STARS tokens. The transaction fee for credit card transaction compared to ETH/STARS is up to 5% larger when including FX exchange and 3rd party processing fees. I'm guessing your exact fee hasn't quite been nailed down yet? 2%? 2.5%? You are right, we haven't nailed down exactly, but it's looking like .5%! That's incredibly low. That would probably go a long way to getting adopters in early on. |
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What's the USD value per SP8DE token?
It varies with the ETH price. Currently, 1 ETH = 98,888 DSPX. Right now, according to CMC, 1 ETH is worth $1,127,51, so the value of 1 DSPX is about 0.011401889 USD. Any projections on the value a year after launch? |
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What will your fees be like?
I'm waiting on a reply for this. |
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Is syscoin going to be doing profit sharing?
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Where can I read more about the profit sharing? How often does it pay out?
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This project looks interesting and I like that it’s focused on football, but why do you think that this will be successful? How are you different than other ICOs in the space?
Hi GoBelle, thats a great question! We're different than other ICO's in the space because we are the first of our kind in the sports world. To date, there has not been another ICO that aims to create a financial infrastructure for a sports platform and ultimately for an entire sports industry. We believe we'll be successful because of this point exactly. In addition, the problem(s) we're trying to solve using blockchain and our platform will help both clubs, players, and fans! How do people from within the industry benefit by using Stars Group compared to the way they're handling it now? Right now, in the industry, clubs receive sponsorship, broadcasting, merchandise sales, tickets sales, and transfer fee revenue in different currencies, and at each exchange/transaction point, the club loses money in transaction fees. As we increase consumer interaction with the Stars Group Platform, we intend to utilize the platform internally for intergroup player transfers and international transactions. This would benefit clubs and owners because it would automate the process, and ensure that the transfer is made on time, for the agreed to amount with a single currency, eliminating the currency exchange. That actually does sound really useful for people in the industry. What kind of fees would they have to pay to use your platform instead? There is a small transaction fee when you make purchases on the platform using STARS tokens. The transaction fee for credit card transaction compared to ETH/STARS is up to 5% larger when including FX exchange and 3rd party processing fees. I'm guessing your exact fee hasn't quite been nailed down yet? 2%? 2.5%? |
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What's the USD value per SP8DE token?
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What's the initial cost per token in USD?
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Your team has a lot of experience with betting platforms?
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Are you guys getting a lot of traffic to the site since it's getting so close to the pre-ICO?
You bet we do, bro. Well, in fact, we are pleased with the results so far, but mind that only pure enthusiasm of those involved has been the lifeblood of our humble but aspiring project so far: every bit of support is highly appreciated. I can see why you're getting all the interest. I've never seen any similar platforms where you allow people to make games of chance with your tools. Is this the first of it's kind? Let me clarify to avoid any confusion: the ICO smart-contract is ERC20 and is, therefore, written on Solidity. SP8DE itself will be based on the general purpose as well as application specific programming languages developed for scripting purposes on the Cardano blockchain. Or are there any other similar projects? Don't want this to get buried. DAO is similar in this resepct. What would you say makes Sp8de better? There is an entire part in the WP where we elaborate on this. In few words, we are more scalable, have better randomness, do not torture the devs with having to work with the ugly solidity and design our ecosystem in a way to avoid the mistakes others have made. Good answer. I'll look at that section of the WP again to get more details on it. I'm curious what you use instead of solidity, since I thought that was what everyone used. Not seeing your reply here. |
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What will the fees be like?
Don't want this to get buried. |
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What will the fees be like on this platform?
There will not be any fees. They only costs is the price of the ethereum transaction. Our goal is to reach mass adoption, hence no fees, and in a 2nd stage add premium features for intensive users. Similar approach of what Linkedin did. An example of a premium feature is to get notified first on high value requests,... Seems like a good plan of action. The ICO should be able to fund the project to get you through to mass adoption too so that you can add the premium features later. |
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At the current price, 50 FlypMe Tokens it's around 70 dollars for a withdraw on hitbtc. Maybe they want to keep low amounts on the exchange.
wait, i'm not sure that i've read right. 70 dollars (seventy!!) for a withdraw of, maybe 500$ in FYP? is a...theft! There's no other way to call it. Idd, thiefs! I think the first payment will be less than 70$. It’s not whort for short term to send them to mew. It’s a gamble, but I hope I’ll get the profit payment from Hitbtc. When will they pay??? Simple solution: Hodl? |
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The point is that platform will automatically hold a part of total net profit in the special pool and then it will be distributed to investors. Tokens actually give % of profit. Profit share is paid in ETH to the addresses of BTRM token holders, we plan to do it on a monthly basis. Please read WP or website to see more details. Today we open registration in the Betrium's Dashboard for Investors! https://investors.betrium.co The solution will allow investors to manage and control profit share, to view Betrium's statistics and achievements, to get different documents, track token price etc. Interesting, where can I read more details on your profit share program? I will check the whitepaper, thanks. I guess it would be easier to sustain because you never received that portion in the first place. |
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Are you guys getting a lot of traffic to the site since it's getting so close to the pre-ICO?
You bet we do, bro. Well, in fact, we are pleased with the results so far, but mind that only pure enthusiasm of those involved has been the lifeblood of our humble but aspiring project so far: every bit of support is highly appreciated. I can see why you're getting all the interest. I've never seen any similar platforms where you allow people to make games of chance with your tools. Is this the first of it's kind? Or are there any other similar projects? Don't want this to get buried. DAO is similar in this resepct. What would you say makes Sp8de better? There is an entire part in the WP where we elaborate on this. In few words, we are more scalable, have better randomness, do not torture the devs with having to work with the ugly solidity and design our ecosystem in a way to avoid the mistakes others have made. Good answer. I'll look at that section of the WP again to get more details on it. I'm curious what you use instead of solidity, since I thought that was what everyone used. |
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What will the fees be like?
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What will the fees be like on this platform?
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What will your fees be like?
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