Thanks for the all the feedback.
We will get at least 1 table setup that will allow you to buy-in for a minimum of around 5 or so chips. This will allow those winning the freerolls to play with their winnings.
We have spoken with our developer and with how our current setup is configured it is not possible for us to provide "micro" tournaments.
Our system is configured to convert 0.001
BTC into 1 chip and nothing lower. This is the lowest the system allows without doing major changes to the code.
At this time we are going to hold off on implementing "micro" tournaments due to the major changes we would have to make.
I have changed the minimum buy-in for our "Ring Game 1/2" from 50mbtc to 10mbtc. If you buy-in at the minimum it will only give you about 5 big blinds.
Any other suggestions are much appreciated.
I'd further reduce the min buy-in to 5 chips. It's only 2.5 big blind, but...so what? It's better to have an open option to play only 2-3 hands with your freeroll winnings than no such option at all.
Right now you have a problem with zero activity in ring games and s&gs, everyone's there just for the freerolls. It's perfectly normal for the new poker sites, but you need to get things moving.
It's not very likely that massive number of new players will start making big deposits and play high stakes. Even if you get good quality traffic (from sig campaign), people will see there's nothing going on in RGs and S&Gs and they won't bother to deposit, they'll just abuse FRs (like all the others). So filling in RGs should be your No. 1 priority.
If I were you, I'd approach few most active players and give them some sort of incentive to be active in RGs, something like give them 25 chips if they wager total of 250 or more chips in a week (for a limited time, just to get things going).
Other idea is implementing tournament tickets (worth 5 or 10), which you cannot withdraw, but you can use to buy-in for any tourney. You could do every 2nd or 3rd freeroll with the prize of '10 chips ticket' instead of withdrawable 5 chips.
You could also do one major freeroll (once a week) with much higher prize pool.
And of course, you could consider loyalty points and referral program.
Just a few ideas from top of my head. If you find any of them useful, feel free to tip me, "manbearpig77" is my username
Good luck!