Hey guys, we wanted to drop in and answer some questions since we did not post an update yesterday -
To clarify, while the first cycle begins on June 1st, all bets up to this point are included in shareholder dividends as well, correct? Not just those from June 1st to when the cycle ends?
To reiterate what we have previously said, since we will be starting the first cycle in June, when the cycles ends in July, it will be paying out from the start of the cycle to the end. We discussed this heavily with our community both on the forums and on Discord and the general consensus was to not start until June 1st as we are initially starting with a 30% value (which will be decaying over time down to an eventual cap of 10%).
Will the merchandise have to be bought exclusively using GBT, or just as an option, together with USD?
DailyModo, mind leaving a comment on this? What is the plan? This greatly influences the future value of the coin.
Yes, merchandise will be purchasable with GBT some examples of merchandise we may have in the future such as t-Shirts, Sweaters, Steam Gift Cards, etc. We are open to ideas for merchandise and when we’re at this stage in our product we’ll be polling the community about what their preferences are in this regards
Hey guys, here with a small update about how things are going - this post will be fairly brief.
Development
Hi DailyModo,why u great job not response in price,what a pity!
We do really need exchange,bittrex important for gbt.
We are working towards getting added on other exchanges, however it is not a huge priority at his time. There are several exchanges where you can actively trade GBT. The core focus right now is on development as well as marketing. Ensuring our product is refined as well as our user base is a greater key component of success in contrast to getting listed on other exchanges.
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We'll be looking to set up game servers as well as start building a Steam community around some of the popular Steam Games such as Ark, TF2 and CS:GO. Once we're ready to proceed on this front, we'll be releasing all the server information. We will look to have a page set up for this (including server status and details) on the new UI.
We thank those who have been continuing to support us and we can clearly see that we are now starting to reach a new demographic outside of BitcoinTalk thanks to the activity we’ve had as of late on Twitter. Follow us if you haven’t already as there will be a series of contests in the next few days and stay tuned for screenshots featuring the new UI with dynamic (real) data as we work on integrating it!
Could anyone tell me what "first cycle" means? That we will be able to invest GBT in the loyalty rewards program from 1st of June or what?
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In the real world the slots are highly addictive and more funny, maybe because of the sounds of pressing the buttons of the machines... Beside they are fun for some people,I know persons who lost their jobs,family and money because of slots addiction so be careful. ONLY play with spare money and DO NOT try to regain your loses because in 99% of the cases you will lose more.
