BTC Games

[EvilPanda]

If you are curious and know a thing or two about enabling social media traction, and have a reasonable sum to invest then feel free to PM me.

Does that mean people, who don't have a lot to invest, but would like to give it a try are not welcome? Only thick wallets, right?
Usually statements like that written by newbies lead to one and the same outcome.

1/ set a goal of 100 individual interested prospects willing to put up 1BTC

100BTC? That's a significant sum, I 'm sure most online casinos start smaller.

3/ those prospects who have read the business plan and find it worth "their time and BTC" can become part owners of the "business" and own .25% of the business. That's one quarter of one percent.

So 1BTC buys me .25% of the business? This means you're estimating the whole thing to be worth 400BTC? Aren't you being overly optimistic?

[1715040611]

1715040611

[1715040611]

1715040611

[1715040611]

1715040611

[fdylstyx]

EvilPanda has brought up some valid points that I'd be happy to answer.

As to "only thick wallets", It may seem that I'm dismissing those who do not have the required 1 BTC to engage in this start up phase but in truth there is nothing I can do, that I'm aware of, from stopping someone from pooling the resources of others to obtain that BTC. However there can only be one person that submits it to the chosen escrow service provider and such account will be considered the only possessor of the .25%. Any issues they have with their co-investors will be theirs alone and not subject to any recourse other than to either buy out any disgruntled co-investors in their group, or sell their position and make things whole on their end.

With that being said, if anyone is found out to be scamming others, and I expect proof can be provided by the complainant(s) there should be a consensus that that investor be in default of good faith and good conduct and their position as an investor and or employee be terminated.    

Besides, once the "games" commence there should be plenty of opportunity for those with smaller amounts to participate. Think revenue stream.

I have no idea what it costs to start a successful casino site. If what you say is true then it bodes well for what I have in mind. Still, I have no intention of starting a casino.


"So 1BTC buys me .25% of the business? This means you're estimating the whole thing to be worth 400BTC? Aren't you being overly optimistic?"

Actually I'm just using simple math. I'm a simple man but I would hope to expect at least 50% of the hundred initial investors will continue on and the brainstorming can begin.

For argument's sake if your .25% stake were to reach that break even point of 400BTC value in the company would you sell your share or continue to let it ride? I think it may be prudent that the company itself arrange to have first position to offer an investor a buy out bid. If it can be sold on the open market for more than the company is willing to buy it back for, then that would be the at the seller's sole discretion.

I hope these answers are to your satisfaction EvilPanda.


fdyl







 

[fdylstyx]

Just a note on my search for an escrow provider. The list provided by Dennis7777 led me to my first choice of contact. I will wait for a reply of acceptance or rejection before I proceed further on that path.

[Mist]

Just a note on my search for an escrow provider. The list provided by Dennis7777 led me to my first choice of contact. I will wait for a reply of acceptance or rejection before I proceed further on that path.

Good luck man. I have doubts you will get one.

[waterpile]

Just a note on my search for an escrow provider. The list provided by Dennis7777 led me to my first choice of contact. I will wait for a reply of acceptance or rejection before I proceed further on that path.

https://bitcointalk.org/index.php?action=profile;u=167340

Is this the guy you're referring to?

Seems trustworthy enough, he got 0 trade feedbacks

We should really trust our money to him because he have SOLID proof to be trustworthy.

[Dennis7777]

Just a note on my search for an escrow provider. The list provided by Dennis7777 led me to my first choice of contact. I will wait for a reply of acceptance or rejection before I proceed further on that path.

https://bitcointalk.org/index.php?action=profile;u=167340

Is this the guy you're referring to?

Seems trustworthy enough, he got 0 trade feedbacks

We should really trust our money to him because he have SOLID proof to be trustworthy.

What? I just provided OP 2 lists of escrows, and I am NOT and will NOT be the escrow.
Why would I need to have trade feedback to be able to suggest a escrow list?
If you find any of the escrows listed there untrustworthy, feel free to contact marcotheminer and squall1066.

Any suggestions as to which escrow provider I should approach?

What would a good trust score be? 10+...20+...30+? I expect such service providers would be in the Hero/Legendary strata.

I have to start somewhere folks so a little direction would be greatly appreciated.

I haven't used one before, but there are two good lists of escrow service providers.
https://bitcointalk.org/index.php?topic=855778.0
https://bitcointalk.org/index.php?topic=108716.0

You should find an escrow that is active and has good feedback on their escrow thread.

[ticoti]

I understand that you want big investors,but ideas are nothing until they are something real

you should have to show a good project,with good profit prospects and the investors will come without calling them,but it is almost impossible to get money from an investor just with an idea. It must be a really good idea to get what you want.

[Mist]

I'd go with squall over marco. Marco is sketch as fuck.

[waterpile]

What? I just provided OP 2 lists of escrows, and I am NOT and will NOT be the escrow.
Why would I need to have trade feedback to be able to suggest a escrow list?
If you find any of the escrows listed there untrustworthy, feel free to contact marcotheminer and squall1066.

Sorry its me being a complete idiot again

[fdylstyx]

No worries waterpile. I don't know anybody here and I'm hoping I've convinced the proper escrow provider to come on board. So things are going at the natural pace for this forum I expect.

We could all do with a little less noise in this thread I think. I'm guessing from the comments that people are not reading it all. I think I've made myself clear as to why I'm choosing not to divulge information that I intend to save for those who take the risk of having to pay an escrow fee as a bare minimum for the privilege of looking over the business plan.

Thanks again to all for being here. This baby's still attached to it's umbilical cord and, like it or not, you all are involved in feeding and keeping it alive. Let's allow an atmosphere of low toxicity. Yeah I know we people still need to let off our gasses...so a polite beg pardon is appreciated if one can't leave quickly enough. Before the brain fart happens.

I do have something I'd like to ask those following this thread. In the trust-less, anonymous world of the blockchain is there any possibility of actually making a non-disclosure agreement enforceable? Any thoughts on this?


fdyl

p.s.

I understand that you want big investors,but ideas are nothing until they are something real

you should have to show a good project,with good profit prospects and the investors will come without calling them,but it is almost impossible to get money from an investor just with an idea. It must be a really good idea to get what you want.

ticoti, I'm somewhat confidant you answered your own argument with that final sentence.  

[ciocgun]

Please OP after the Escrow selection contact me by MP to come back and watch the updates in this thread.
Now i've not time to follow each reply, but count me in.

Thank you

[ABS-CBN2]

I'd go with squall over marco. Marco is sketch as fuck.

then why you are wearing bitx sig?

[fdylstyx]

Please OP after the Escrow selection contact me by MP to come back and watch the updates in this thread.
Now i've not time to follow each reply, but count me in.

Thank you

Here's somebody who gets it. Patience may be a pain in the ass sometimes but that doesn't make it any less virtuous.


Just did a sig count. Bit-X is blow'n the doors off of the rest in this thread.
I'm guessing that's the case throughout the forum too.

[fdylstyx]

I do have something I'd like to ask those following this thread. In the trust-less, anonymous world of the blockchain is there any possibility of actually making a non-disclosure agreement enforceable? Any thoughts on this?


fdyl

Yeah...this is me quoting myself. My understanding of the rules is that I stick to a single thread per topic. Maybe I'm wrong. Is there somewhere else on the forum I could find an answer to the above question or would the main discussion board be the place for this?

Also I would like to ask if there is a way this whole thread could be moved to the main discussion board? My understanding of the rules as to where subjects should be posted is probably mistaken. This topic really isn't about gambling. What I have in mind would be more clearly defined here http://www.merriam-webster.com/thesaurus/tournament and the word gambling isn't mentioned.


fdyl

[Renekton]

most are addicted to dice, so i dont see any reason for new btc games lol.

[fdylstyx]

Yep, definitely dropped this thread in the wrong place. First three rules of business and I completely forgot them. Location, location, location.

my bad

[funtotry]

most are addicted to dice, so i dont see any reason for new btc games lol.

People want new games, myself as an example. Dice gets kind of boring so any new cool games I will try out. New dice sites I just skip over them because they are all more or less the same and all dice.

[fdylstyx]

So what kind of games do you like funtotry? What makes you unbored? Are the games you're looking for exclusively games of chance?


Note that I've had the moderator move this thread from the Gambling board, in the Marketing section, to here in Project Development. I have no interest in starting a gambling site.


Not there's anything wrong with gambling. If nobody get's too butt hurt. My experience with gambling is discipline is both under and (mixed with adrenaline) over rated.


So are you here now thinking you might be interested in investing in what I'm not selling?  

[Samperio]

I've read a lot about distrust and that makes me feel that, besides the lack of government oversight in BTC operations (something we probably find more appealing than discouraging), just as in the "formal" business world, a good way to protect your investment is "having your partner's balls grabbed", if you catch my drift.

Even thinking about reputable escrow services makes me feel dubious. But, case in point, in principle you have the escrow manager's balls grabbed by means of the reputation they aspire to maintain.

I have no thick wallet but hopefully anyone's ideas can help.

Anyhow, how about a game on this fertile topic (distrust in business). There might be potential for it, although I have not the slightest idea on how to structure a game about that.

As some free (hope not 'cheap' and useless) advice, I'll tell you about some game apps in general I've worked at (mainly translating captions).

- Managing a restaurant (something like SimRestaurant, if you will)
- All that kind of fancy RPGs mixed with isometric stuff, _perhaps_ featuring "buy more credits" with bitcoin, say, like that Simpsons game.
- Hey! how about Leisure Suite Lxrry comes to the land of bitcoin?

Oh, and I feel there's still so much to do for Bitcoin to be valued in Latam countries. Whenever you find games (likely to be in English first) suitable for a Spanish speaking market, you might want to consider me as your provider for translation. You stress a lot on how to make viral the app, I have not done much of that myself, but I could always learn of how this is done with this project.

[ I commented on the fun Simpsons app, and I'd like to say I definitely did not translate that app! It's not that good to my taste, but hey, that happens when translators use to many region-specific terms]

Buenas noches, y felices juegos!
S.

[fdylstyx]

I know what you mean about region-specific terms Samperio. I was taught the biggest risk in business is partnering up with others but there's no growth if the workload isn't spread out. Each to their own strengths coupled with judicious pruning of dead branches.

Still it's always prudent to to have one hand over your balls and the other covering your ass. Until you know it's time to relax and raise a glass to success.

In this particular situation I can't see how it can be done without a solid escrow provider but as far as keeping things under the collective hats of the investors through some kind of confidentiality agreement that's binding I can't see any solution so it all comes down to trust and serve.

I'm happy you're willing to help with your translation and there may come the time I'll be tracking these posts to reach out to you.


muy apreciado,

fdyl