To put that into perspective, he basically ran the site alone and yet managed to make millions of dollars where competition with a lot of employees couldn't do the same.
So why need more coins to fund the relaunch if he made millions? Surely he can set this up himself without others financial input
I agree. It is very unreasonable to close such a lucrative business, and then reopen it. Where is the logic?
Something not right here.... someone made millions and still wants investment? Nah..
Looks like there was already an ICO last year. What happen to those funds? Why another one?
https://bitcointalk.org/index.php?topic=1697106.0Those ICO funds were returned. It wasn't a widely marketed ICO.
To everyone asking questions, there's a lot of information to be found over the forum regarding why the site closed etc. Make sure to do your research.
If we need to do it on our own and if we were able to, why would we be asking these queries to you? And if this will be the behavior, then how may the owner expect that they will be able to manage funds through ICO with such behavior?
Exactly! Why on earth would BetKing.io start this thread and then say things like "
ask Dean..." and also say things like "
To everyone asking questions, there's a lot of information to be found over the forum regarding why the site closed etc. Make sure to do your research". If that behaviour continues then people will not bother funding this ICO. The person bigging up the ICO and promoting it is the one who should answer all questions.
The bottom line here is that according to BetKing.io this Dean bloke got bored even though he made millions from the website. He supposedly returned all the BTC that was received in the previous ICO. After that, ge decided to make another casino site but with new features and even though he is a millionaire he decided to raise funds via an ICO, again. We are expected to believe that rather than this Dean character use his own money in order to keep all the profits and millions for himself, he prefers to use money from an ICO and share it with the wider public.
No... there needs to be complete clarity on this otherwise it will be labelled as a scam by most !
Here is the point many of us cannot
Only time I'll reply to trolls in this thread btw.
I'm Dean. The BetKing Support account is another person who is managing sig campaign and helping to answer most questions on forums.
There's no scam here. I'm well known in this forum and in the Bitcoin gambling community because I ran the site successfully and returend everyones money when I closed.
This is very easily verifiable by either checking out the old BetKing threads or asking some other people who are respected in the forum like dooglus, RHavar, NLNico or previous investors if they would like to say.
Yes I closed a site that was making a lot of money.
I answered the question in the bitcoin-millionaire.com interview
-Why did you shut the bankroll down in late 2016 Betking?
"I had worked on BetKing for 4 years with no other staff. I was doing development, marketing, support, promotion and security myself with only the odd contractor here and there to help. I wanted a break and time to explore some other ideas I had that I couldn’t while running BetKing full time."
I've had 6 months off now and researched opening an exchange and done some trading. But I want to open BetKing again and make it bigger and better.
Regarding the funds. Yes you are right. I could bankroll the site myself and could make 100% of the profit.
But that's not the best way from a business standpoint to actually build a bigger and better site and really grow the player base.
That requires a lot of capital for a business to use, which wasn't an option last time as the "investment" had to sit in the bankroll.
It couldn't be used for development or marketing costs.
This ICO allows me to raise a funds and make the site even better.
Even Elon Musk and Richard Branson still get inevstors for their projects and they have a lot of money so your point is invalid.
Now anyone who is trolling and asks the question again will be ignored or quoted this post.
Thanks
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