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1  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO IS LIVE] ⚽️ EtherSport 🏈 Sports Lottery Platform. 🔥🔥 15% Profit Share 🔥🔥 on: November 18, 2017, 01:55:57 PM
Great concept overall, great brand name and appearance. You are failing during pre-ICO because Lottery 11 idea sucks badly. 11 Lines to fill? Who do you expect to play it? Jobless sport fans only? Make several different types of tickets, starting with just one line. Yes, the win for these tickets would be small, but the quantity of players would be soooo much bigger. In order to succeed with such ICO, you should have created concepts of at least 5-10 types of smart sporting lotteries, including those where you can guess score. And you better have the code up and running already if you what to show that you've done your homework.

Website presents a lot of people in the team - so many advisors and no developers. No, I don't buy it. It is hard to believe that seemingly strong advising board came up only with idea of hilarious Lottery 11.

Will I play the ticket filling out 11 lines? No way. What if have just a couple of teams I care about? And I believe there are vast majority of people that don't care about everything that happens in sports. Couple of favorite tennis players, couple of football and hockey teams maybe. That's it.

Maybe I write this because the main idea here should reach some guys who will read this comment and create successful startup based on that. You don't even really have to conduct ICO in order to start the project from scratch.

Just a little piece of advice from me. For free. Sorry for being honest.

I think you are on point concerning need for diversification of the Ethersport game offerings and this I am sure will come with time post-launch of the initial Lottery 11 game. Also, if I am correct, by way of authorized Lotters, many different cards can be played from different sports, so this is a start although it will be limited to the same Lottery 11 format.

Where I don't agree with you regarding your comment on the 'game offering' where you say... "You are failing during pre-ICO because Lottery 11 idea sucks badly".....What Etherport is essentially doing has been around for generations (in terms of the game offering), and in the UK one example is The Football Pools, formerly owned by Sportech before they sold for £83M earlier this year. And even The Football Pools was limited to just Football (Soccer), and where players were even more limited to just picking DRAWS in 10,11, or 12 lines! With Etherport, players will be able to choose outcomes under the 1 X 2 format where relevant and over many different sporting events.

Bottom line, these Sports Lottery type games (Sportech reported £28M revenue in 2016) are popular and always have been, although, National Lotteries providing traditional draws create competition for these types of games.

Now, in regards to the proposed P2P betting (betting exchange), again, nothing new here as this has been going on since the late 1990's with the advent of Betfair, and Ethersport themselves say, "We are not going to convince you that we are creating something extraordinary or genius, as most of the ICO campaigns state". The idea that players can become their own bookmaker, and rid of the built-in margins and fees from traditional bookies is very popular all over the world. The problem that may be faced here like in all exchanges has to do with available liquidity so players can bet in amounts that can guarantee a matched bet.
2  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ICO IS LIVE] ⚽️ EtherSport 🏈 Sports Lottery Platform. 🔥🔥 15% Profit Share 🔥🔥 on: November 18, 2017, 01:05:09 PM
UK you say, I feel like people should know that such online activities in the UK may require Gambling License from Gambling Commission, which forces manual age verification e.t.c. Crypto or not, the law is the law and it means additional financial risk to your investment, keep that in mind. You can't be "fully independent from regulations" that's just so not true.

The corporate structure of Ethersport is in the UK, and if the Ethersport's legal team deems that a gaming license is necessary, then there are multiple options for which Ethersports can source a license, be it the UK, Malta, Alderney, Gibraltar, Montenegro, or any other popular licensing jurisdiction or authority including offshore such as Curacao.

Licensed or not, I think that what makes this an interesting proposition is the underlying use of the Blockchain technology that will be driving this platform, coupled with the fact that it is using it's own currency in ESC. As far as regulation, most Governments are still in wait and see mode concerning Blockchain  and Crypto. Now if you are mainly pointing out the act of gambling, I see your point, but I don't think this is a show stopper by any means.

Obviously, AML and Responsible Gaming (under aged) are of course issues to be dealt with just like any other gambling venture.
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