[ANN][TOKENPRESALE] mBet.io sportsbook platform

[Taxidermista]

I have updated this in the original post but for those of you that are like me and jump straight to the end, I thought I should stick this here aswell.

FIRST WEEKS RESULTS.

We have come to the end of the first week of the platform being available to the public and we thought that we would share the results.

The gross trading numbers are as follows:

Turnover :  161,207

Gross Gaming Revenue (Profit):  14,271

That's a profit on turnover of 8.7%.

It would be nice to know if you are talking about USD, bitcoins, tokens, euros, galactic credits or guineas. I guess it's a deliberate omission.

[mBet_Shaun]

5 days without any conversation or updates. Are you guys still working on the project or is it already canceled? You need way more interaction guys.

Hi @bon3s90, as I mentioned to everyone we are in Buenos Aires for the SAGSE gaming conference.  Also there were no questions to answer.  Have I done something to offend you @bon3s90 because you seem to wont to pounce on everything I say or do?

[mBet_Shaun]

I have updated this in the original post but for those of you that are like me and jump straight to the end, I thought I should stick this here aswell.

FIRST WEEKS RESULTS.

We have come to the end of the first week of the platform being available to the public and we thought that we would share the results.

The gross trading numbers are as follows:

Turnover :  161,207

Gross Gaming Revenue (Profit):  14,271

That's a profit on turnover of 8.7%.

It would be nice to know if you are talking about USD, bitcoins, tokens, euros, galactic credits or guineas. I guess it's a deliberate omission.

No deliberate omission, we assumed that people would know that the number was MBT's as thats the tokens we are giving away to test the system.

[bon3s90]

5 days without any conversation or updates. Are you guys still working on the project or is it already canceled? You need way more interaction guys.

Hi @bon3s90, as I mentioned to everyone we are in Buenos Aires for the SAGSE gaming conference.  Also there were no questions to answer.  Have I done something to offend you @bon3s90 because you seem to wont to pounce on everything I say or do?

Not at all and I am sorry if you feel that my posts are negative. First I wanted to get some Information about the project which you answered properly (and I already thanked you for that)
The last post was meant as an advice, not as an offense. I think even if there are not a lot of questions you should encourage people to communicate here as it is a sign that the project is alive. You might be busy, and I understand that, but you community is the key for you success and right now there are not many people in here.

I am really sorry if there was a misunderstanding, it wasn't intended to sound like that. Wish you all the best!

[mBet_Shaun]

5 days without any conversation or updates. Are you guys still working on the project or is it already canceled? You need way more interaction guys.

Hi @bon3s90, as I mentioned to everyone we are in Buenos Aires for the SAGSE gaming conference.  Also there were no questions to answer.  Have I done something to offend you @bon3s90 because you seem to wont to pounce on everything I say or do?

Not at all and I am sorry if you feel that my posts are negative. First I wanted to get some Information about the project which you answered properly (and I already thanked you for that)
The last post was meant as an advice, not as an offense. I think even if there are not a lot of questions you should encourage people to communicate here as it is a sign that the project is alive. You might be busy, and I understand that, but you community is the key for you success and right now there are not many people in here.

I am really sorry if there was a misunderstanding, it wasn't intended to sound like that. Wish you all the best!

Cheers mate, I just took that the wrong way.  Lack of sleep.....  in a different timezone. We are here to answer anything that we can. 

[thresher]

I did not count the projects related to the betting on market. The bet is very high, yes, there are a lot of projects like that, but it's sometimes exploded. Most betting sites (not popular) are able to fill their own capacities only in big games. So it is my personal belief that such new betting projects should have their own specific parts.

[mBet_Shaun]

I did not count the projects related to the betting on market. The bet is very high, yes, there are a lot of projects like that, but it's sometimes exploded. Most betting sites (not popular) are able to fill their own capacities only in big games. So it is my personal belief that such new betting projects should have their own specific parts.

Thanks for the input.  We do have so rather special features.  We are one of the very few that accept multiple crypto currencies.  We have more live betting markets than anyone else.  Early next year we will launch the first and only parimutuel racebook.

Any further feedback would be greatly appreciated.  Thanks

[cofoundervp]

What's the advantage of using unique wallet ID addresses for submitting payment over one address?

[mBet_Shaun]

What's the advantage of using unique wallet ID addresses for submitting payment over one address?

Did you post this in the right thread? 

[mamatrader]

i watched demo... and look very big margin comission.

[mBet_Shaun]

I thought I would take the time to thank the community, for "enthusiastically" engaging with the platform, you can still get an account at www.mbet.io if you haven't given the platform a test drive.  As a result of the testing we found that the platform performs as we would have expected, we did find a few little bugs, but hey that's why we pushed it out for testing.

For those of you who are considering a contribution, I have put together a short 8 pointer:

How to purchase MBT tokens

• Subscribe to the mBet ICO at https://ico.mBet.io if you have a player account you can use those credentials
• Secure your MBT Tokens with BTC, ETH, LTC or DASH
• Wait for the pre-sale to Close on 25 November 2017
• Receive your MBT Tokens which will be transferred to your mBet Player Account
• Access your purchased MBT Tokens
• Continue accessing your Player Account
• Receive your quarterly distribution direct to your ethereum wallet or player account.
• Use your MBT Tokens to trade them on the exchange, that's only if you want to sell them.

[mBet_Shaun]

It’s unfortunate but it appears that we haven’t had the support that we anticipated from the community, so we are announcing the withdrawal of the mBet ICO.  The platform will still launch but with a more traditional funding method.  I will try and cover off all points in this post but rest assured we are still available to answer any questions you may have.

Firstly, all contributors will receive an email asking for a wallet address to refund the contribution in the currency that they contributed in, if we don’t receive a response within 7 days we will credit that balance to the player account created when they contributed.  This will ensure that all contributors whether they respond to the email or not will have their funds available to them at their convenience.

Further all MBT token holders will have the USD equivalent deposited in Ethereum into their player accounts.  MBT was to be issued with a value of USD$0.10 each the conversion calculation will be based on the Ethereum price at UTC 03:00 Monday 27 November.  Account holders will be free to withdraw of play with the Ethereum balance as they see fit.  Any player holding multiple accounts will be credited with the balance of the first account opened.  Any player that have just opened an account and camped on the MBT’s will be required to turn over the balance at least once prior to UTC 03:00 Monday 27 November in order for the balance to be considered for conversion to Ethereum.

The amount raised to date through the presale would have been insufficient to further the project and we feel it would have been doing the contributors an injustice to attempt to launch the project with such constraints.  We have been forced to seek a more traditional funding route and unfortunately this funding is incompatible with the ICO model.  The site will still go live Monday and we hope to continue receiving the support of the cryptocurrency community.

[mBet_Shaun]

All contributor balances have been returned.

I will like to take this opportunity to thank all that supported us.

Anybody with a valid token balance with be processed  around UTC 03:00 Monday 27 November.