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Author Topic: How Bitplay Pay Out Gamers  (Read 1301 times)
b-trading
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June 25, 2015, 01:31:26 AM
 #1

We know that Bitplay Today have launced games i.e Coin Flapper and Coin Crusher and every player paid by bitcoin every they win the free competition..my question how bitplay pay out gamers...where they can get profit or where they can get income from this games...because this is a free games but the developer paid every players
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June 25, 2015, 01:37:30 AM
 #2

Im guessing they earn money from advertisements within the game, and having increased traffic makes their business worth more and more each day, so
the base capital value is rising, allowing them to even have the ability to cash in on that one day, if the right offer comes their way.
Nothing is free, and most of those freemium games offer some in-game purchases that provide them with profits.

cheers

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June 25, 2015, 01:42:15 AM
 #3

Ads.
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June 25, 2015, 03:58:37 AM
 #4

they can earn money from ads and also by doing this they will have brand awareness. every person that downloads the game and plays it would want to know what bitpay is and probably use it in the future.

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b-trading
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June 25, 2015, 08:01:35 AM
 #5

Im guessing they earn money from advertisements within the game, and having increased traffic makes their business worth more and more each day, so
the base capital value is rising, allowing them to even have the ability to cash in on that one day, if the right offer comes their way.
Nothing is free, and most of those freemium games offer some in-game purchases that provide them with profits.

cheers

but i dont see any advertisement there, may be the value of the bitplay company will increase if the game very popular...but it is only popularity not money
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June 25, 2015, 08:03:36 AM
 #6

they can earn money from ads and also by doing this they will have brand awareness. every person that downloads the game and plays it would want to know what bitpay is and probably use it in the future.

I think they only will get popularity or brand awarness...may with huge popularity there are some others game companies that will buy this start up
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June 25, 2015, 08:32:54 AM
 #7

I'm not aware of this and I can't find the proper link. Could you share it please?
There could be a number of reasons for their money income. If you've played games on your smartphone you should probably know. It's either adds or in game paid content. However it's probably not the permanent kind of ads, but possibly 'watch video for ___ boost' or something like that. I'll check it out once I get the link.


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June 25, 2015, 08:34:48 AM
 #8

They have a pro version... In this version you can actually wager some BTC while competing. I guess they'll charge a fee?

I highly doubt they'll be able to cover their costs this way (especially since they don't push their pro version), but it's possible they're just building brand awareness?

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June 25, 2015, 08:39:59 AM
 #9

They have a pro version... In this version you can actually wager some BTC while competing. I guess they'll charge a fee?

I highly doubt they'll be able to cover their costs this way (especially since they don't push their pro version), but it's possible they're just building brand awareness?

Yes, in pro version they'll charge you small entry fee
You can see more information about them at http://bitplay.today/

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June 25, 2015, 08:41:46 AM
 #10

We know that Bitplay Today have launced games i.e Coin Flapper and Coin Crusher and every player paid by bitcoin every they win the free competition..my question how bitplay pay out gamers...where they can get profit or where they can get income from this games...because this is a free games but the developer paid every players

This game is not new my friend earning 0.012BTC in last week from coinflapper in android device
i try too but not good in game  Cheesy
sometimes i see pop up adsense after game end

fuck bit-x
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June 25, 2015, 11:32:44 AM
 #11

Free to play market is pretty amazing innovation right now in the gaming world. You would be surprised how much income Free 2 Play titles can generate.
First step is to make game interesting and popular enough, then you can earn from microtransactions, ads. With Bitplay I am not entirely sure how they are gonna generate income.
But I guess ads for now, and additional microtransactions later will be name of the game in their plan.


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June 25, 2015, 11:49:09 AM
 #12

Free to play market is pretty amazing innovation right now in the gaming world. You would be surprised how much income Free 2 Play titles can generate.
First step is to make game interesting and popular enough, then you can earn from microtransactions, ads. With Bitplay I am not entirely sure how they are gonna generate income.
But I guess ads for now, and additional microtransactions later will be name of the game in their plan.

they might indeed, expand this to other type of game to attract a bigger fan base, otherwise they will be stuck with a niche market, for example they would attarct me if it was an RTS or fps  Grin

but now the real trend is not f2p with small thing to buy for the player, but is the new early access crap, where basically we pay for beta testing...
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June 25, 2015, 11:56:22 AM
 #13

I'm not aware of this and I can't find the proper link. Could you share it please?
There could be a number of reasons for their money income. If you've played games on your smartphone you should probably know. It's either adds or in game paid content. However it's probably not the permanent kind of ads, but possibly 'watch video for ___ boost' or something like that. I'll check it out once I get the link.

here is the link   http://bitplay.today
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June 25, 2015, 12:57:31 PM
 #14

Most of the money made on the internet is thought adds..
It's either ads, or teasing the user with a premium content. There's no other way around. That's how all those millions of money are being moved with smartphone apps, youtube, blogs...

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July 20, 2015, 03:39:18 AM
 #15

It can be an answer to your question: Today I read about these two games and installed them - and I'm in love... When my free 200 tournaments was played, I even deposited BTC...

Bitplay seems pretty open that they are new, and perhaps they do not make money now, but if people react just a fraction of what I did, they could have a great platform for making money in the future.
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July 20, 2015, 03:49:19 AM
 #16

It looks like they aren't making any money right now but will probably in the future. They are funded by Stage 1 Ventures,a venture capital group. I'm guessing that once enough people here about them they will come out with more stuff that you have to pay for so that they can make money.

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Buy bitcoin they said... who listened?


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July 20, 2015, 06:02:07 AM
 #17

it seems to me that it is more of a brand recognition apart from anything else.
maybe in the future they release more games that you have to buy in order to be able to play.
other than that they can always earn money through advertising like all the others are doing.

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Verify - The Future Of Reputation


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July 20, 2015, 06:28:15 AM
 #18

I quote the site --> " Started in 2015, BitPlay Today, Inc. is a privately held Boston-area startup that aims to drive mainstream adoption of Bitcoin and micro-transactions worldwide. BitPlay has introduced the world’s first competitive mobile gaming network where users compete playing familiar mobile games to win Bitcoin. BitPlay offers free tournaments and head-to-head competitions through apps that can be installed from the Google Play app store. BitPlay also offers PRO versions of its apps where players compete for larger amounts of Bitcoin directly from its website.
 
BitPlay was founded by Christopher Hassett, a serial entrepreneur with a passion for new technologies. Prior to founding BitPlay, Mr. Hassett founded, financed, and built several successful startups in the Internet and mobile space including PointCast, a pioneer in Internet push technologies, and Uproar, a casual web-based gaming company he took public on Nasdaq.
 
BitPlay is funded by Stage 1 Ventures, a specialist in providing early stage funding to experienced teams exploring emerging technologies.
"

It's a experimental phase, to see if the monetization of games with Bitcoin will take off, and if it is, they would develop and fund it further or use the traditional funding methods to do it. {In game Ad's}

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BillyBobZorton
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MatrixCoin - Creating Bright Future Together


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July 20, 2015, 11:34:49 AM
 #19

This is how pretty much 100% of online money is made (prove me wrong?)
1) Advertisement. Put popups in your app, game or website.
2) Premium content: Make viewers pay to access content that can only be accessed through money.
3) Merch: Sell stuff.

Of course im not considering trading and whatnot, but those are offtopic.


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Herbert2020
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July 20, 2015, 11:57:03 AM
 #20

This is how pretty much 100% of online money is made (prove me wrong?)
1) Advertisement. Put popups in your app, game or website.
2) Premium content: Make viewers pay to access content that can only be accessed through money.
3) Merch: Sell stuff.

Of course im not considering trading and whatnot, but those are offtopic.

that is pretty much what all of them are doing.
they are selling you something more or less. for example i play Dota2 in steam. it is a free game for everyone and you can play it. but every week they sell crap loads of items (cosmetic items like hero's hat, sword , etc) so in fact they are earning money this way from a free game.

p.s. the international 5 funds from buying ticket and... is up to 16 million USD so far Cheesy

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