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Author Topic: BetKing.io - ICO - $4.7 million raised, last week to take part!  (Read 29842 times)
salsa321
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June 19, 2017, 09:58:45 PM
 #201

Announcing BetKing Bankroll Token Crowdsale!

http://ico.betking.io/

ICO will start on 7th of August.

BetKing will relaunch on 4th of September.



i hope it will be going bigger again
Smiley

regard
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June 19, 2017, 10:22:33 PM
 #202

Announcing BetKing Bankroll Token Crowdsale!

http://ico.betking.io/

ICO will start on 7th of August.

BetKing will relaunch on 4th of September.




Here's the ico announcement thread https://bitcointalk.org/index.php?topic=1974926
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June 20, 2017, 06:03:28 AM
 #203

Announcing BetKing Bankroll Token Crowdsale!

http://ico.betking.io/

ICO will start on 7th of August.

BetKing will relaunch on 4th of September.




Here's the ico announcement thread https://bitcointalk.org/index.php?topic=1974926
It will be good to see betking live again. I will be waiting for 4th sept. Testing the site is always great. Will report if find some bug.
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June 20, 2017, 09:58:20 AM
 #204

Testing it now.

I changed the client seed to my choice of combination after rolling 5-7 times with the default client seed. After changing it, I rolled like 20 times, and checked the "provably fair" window and previous seed is not showing.

this is what it shows.

http://prntscr.com/flxesg



BIG WINNER!
[15.00000000 BTC]


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June 20, 2017, 09:59:45 AM
 #205

Testing it now.

I changed the client seed to my choice of combination after rolling 5-7 times with the default client seed. After changing it, I rolled like 20 times, and checked the "provably fair" window and previous seed is not showing.

this is what it shows.

http://prntscr.com/flxesg

Will get this looked at. Thanks
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June 20, 2017, 01:20:24 PM
 #206

Just setup a new blog https://medium.com/betking-blog

Will be posting frequently over the next few months so follow and share to get all the latest.

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June 20, 2017, 02:30:14 PM
Last edit: June 20, 2017, 03:00:16 PM by mjglqw
 #207

Just setup a new blog https://medium.com/betking-blog

Will be posting frequently over the next few months so follow and share to get all the latest.




Sent you a message about a very very minor, but still-needs-to-be-fixed bug on your site.


EDIT: Sent you another error report. dont have a github account sry

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June 20, 2017, 06:41:42 PM
Last edit: June 20, 2017, 08:15:18 PM by lite
 #208

Announcing BetKing Bankroll Token Crowdsale!

http://ico.betking.io/

ICO will start on 7th of August.

BetKing will relaunch on 4th of September.

Cool! best of luck with the ICO, hope betking raises good amount. also i'd like to suggest you to use wings.ai platform for advertisemet/promotion/users estimation on how much the ICO will raise. Smiley
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June 20, 2017, 11:51:52 PM
 #209

Announcing BetKing Bankroll Token Crowdsale!

http://ico.betking.io/

ICO will start on 7th of August.

BetKing will relaunch on 4th of September.

Cool! best of luck with the ICO, hope betking raises good amount. also i'd like to suggest you to use wings.ai platform for advertisemet/promotion/users estimation on how much the ICO will raise. Smiley

Thanks

Never used wings.ai
The page just seems to be about Bancor so no idea what you mean Smiley
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June 21, 2017, 01:51:06 AM
 #210

The new ICO seems interesting. I'm a bit disappointed that it isn't crowdfunded like before (I was a small investor), but I'll probably still invest in the ICO. A few questions first:

You state that previous investors will get an additional 5% discount regardless of the week they invested in. Do those investors have to be a certain size, and how will we prove we were investors? I had 0.15BTC invested a few months before it shut down, and divested when it did. Would I qualify for the discount? Also, if I invested in the first week, would it be a 20% discount, or a 15% discount and than a 5% discount based off the new price?

You also talked about how the buyback price will be based off of bankroll profits, and listed fiat figures on your website. Would the buy back be in fiat terms, or BTC terms? I'd assume that it would be BTC terms, but I want to confirm.

You said that there will be third party game integration, does that mean you will be adding SoftSwiss games or similar games?

Finally, you state that the bankrolled games will be audited, but never said by whom. If you've decided, it might be good to state their name so people can research them to check if they can be trusted.

taking a break - expect delayed responses
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June 21, 2017, 12:34:39 PM
Last edit: June 21, 2017, 12:55:59 PM by BetKing.io
 #211

The new ICO seems interesting. I'm a bit disappointed that it isn't crowdfunded like before (I was a small investor), but I'll probably still invest in the ICO. A few questions first:

You state that previous investors will get an additional 5% discount regardless of the week they invested in. Do those investors have to be a certain size, and how will we prove we were investors? I had 0.15BTC invested a few months before it shut down, and divested when it did. Would I qualify for the discount? Also, if I invested in the first week, would it be a 20% discount, or a 15% discount and than a 5% discount based off the new price?

You also talked about how the buyback price will be based off of bankroll profits, and listed fiat figures on your website. Would the buy back be in fiat terms, or BTC terms? I'd assume that it would be BTC terms, but I want to confirm.

You said that there will be third party game integration, does that mean you will be adding SoftSwiss games or similar games?

Finally, you state that the bankrolled games will be audited, but never said by whom. If you've decided, it might be good to state their name so people can research them to check if they can be trusted.

You will prove by logging in with your old account on the ico site when it is live in august or if you can prove accunt ownership via email with me.
I think 0.1 should be the minimum amount so you will be fine there. I'll add that to terms.

If you invested in first week and had shown you were an old investor then you would get the 20% discount.

Buy back would be in FIAT terms at whatever the price of BTC, Eth and whatever other currencies we support at the end of the quarter.

3rd party means casinos that use our API. No point trying to come up with fancy marketing talk as to what this means. It works the same as Moneypot Smiley So no we won't have softswiss or any of those non provably fair integrations that I don't have 100% control over.

If anyone reading is interested in creating their own app/casino or porting an existing casino over to use our API and bankroll pm me.
Would be good to add you to list on ico too.

I'm not sure who would do an internal audit. I meant that all bets are public like last time and people like NLNico and Seuntjie recorded every bet in real time so that you could check with a 3rd party. So I assume there will be services like that.

Thanks

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June 21, 2017, 12:51:53 PM
 #212

What do you mean make my own app ? How ? A casino app ? I thought this was like some special website or software to create a branch off casino so you don't have to and then you take a cut ?
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June 21, 2017, 12:57:15 PM
 #213

The sad thing is that this seem to be a FIAT tied ICO.
Say I buy 2 btc (say $6k) worth of the ICO, 2 months pass, Betking profits are zero, bitcoin price doubles, my redeem will be 1 btc ($6k) right?

Also, when will you be converting crypto - profits value to FIAT value? Every month, every three months etc?
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June 21, 2017, 01:02:21 PM
 #214

The sad thing is that this seem to be a FIAT tied ICO.
Say I buy 2 btc (say $6k) worth of the ICO, 2 months pass, Betking profits are zero, bitcoin price doubles, my redeem will be 1 btc ($6k) right?

Also, when will you be converting crypto - profits value to FIAT value? Every month, every three months etc?

The coins won't ever actually be converted into FIAT.

It's just an easier way to create the base price at the end of the ico due to all the different currencies that people can buy tokens with.

This is how MobileGo did it (they raised $50 million) but they actually done the value at time of your transaction when you deposit to them where as I am doing it at the very end of the ICO.

I will set the new buy back price frequently based on profit (probably real time). So if in the week we profit x btc, y eth, z dash and all that total has a fiat value of $10,000 then the buy back price will be set based on an extra $10,000 profit.

Unlike other ICO's we will be launching a product that has a history of making profit the very second the ico ends and so you will be making money right away.
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June 21, 2017, 03:12:22 PM
 #215

Testing it now.

I changed the client seed to my choice of combination after rolling 5-7 times with the default client seed. After changing it, I rolled like 20 times, and checked the "provably fair" window and previous seed is not showing.

this is what it shows.

http://prntscr.com/flxesg

I can't reproduce this.
Can you try again and give the exact steps you took to produce the issue?

Thanks

Note: I don't think it's actually much of an issue but weird to see half populated field anyway.
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June 21, 2017, 03:27:49 PM
 #216

Testing it now.

I changed the client seed to my choice of combination after rolling 5-7 times with the default client seed. After changing it, I rolled like 20 times, and checked the "provably fair" window and previous seed is not showing.

this is what it shows.

http://prntscr.com/flxesg

I can't reproduce this.
Can you try again and give the exact steps you took to produce the issue?

Thanks

Note: I don't think it's actually much of an issue but weird to see half populated field anyway.

No computer here atm. We are about to set for a mountain climb Dean. I will test it when I get home this Friday evening. Smiley



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June 21, 2017, 05:55:28 PM
 #217

I changed the client seed to my choice of combination after rolling 5-7 times with the default client seed. After changing it, I rolled like 20 times, and checked the "provably fair" window and previous seed is not showing.

this is what it shows.

http://prntscr.com/flxesg
I can't reproduce this.
Can you try again and give the exact steps you took to produce the issue?
I think I reproduced this: When I go to Provably Fair, and click "Generate New", the old seeds move to "Previous seeds". But when I Edit the Client Seed, the old client seed doesn't move over to the "Previous seeds" field.
I'm not sure if this should be considered a bug though.

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antdee
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June 21, 2017, 06:01:31 PM
 #218

The sad thing is that this seem to be a FIAT tied ICO.
Say I buy 2 btc (say $6k) worth of the ICO, 2 months pass, Betking profits are zero, bitcoin price doubles, my redeem will be 1 btc ($6k) right?

Also, when will you be converting crypto - profits value to FIAT value? Every month, every three months etc?

The coins won't ever actually be converted into FIAT.

It's just an easier way to create the base price at the end of the ico due to all the different currencies that people can buy tokens with.

This is how MobileGo did it (they raised $50 million) but they actually done the value at time of your transaction when you deposit to them where as I am doing it at the very end of the ICO.

I will set the new buy back price frequently based on profit (probably real time). So if in the week we profit x btc, y eth, z dash and all that total has a fiat value of $10,000 then the buy back price will be set based on an extra $10,000 profit.

Unlike other ICO's we will be launching a product that has a history of making profit the very second the ico ends and so you will be making money right away.

Still, my bitcoin will be effectively turned into FIAT the moment the ICO ends. I highly doubt any business will beat Bitcoin's growth rate.
It goes both ways of course, some might be happy to lock in a USD price like this.

Personally, I won't be buying into the ICO with these terms.
If you enable classic bankroll crowdfunding I will happily invest  some BTc, ETH and Dash !
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June 21, 2017, 06:22:25 PM
 #219

I changed the client seed to my choice of combination after rolling 5-7 times with the default client seed. After changing it, I rolled like 20 times, and checked the "provably fair" window and previous seed is not showing.

this is what it shows.

http://prntscr.com/flxesg
I can't reproduce this.
Can you try again and give the exact steps you took to produce the issue?
I think I reproduced this: When I go to Provably Fair, and click "Generate New", the old seeds move to "Previous seeds". But when I Edit the Client Seed, the old client seed doesn't move over to the "Previous seeds" field.
I'm not sure if this should be considered a bug though.

Ah that makes sense. Not really an important bug but still could do with a little UI cleanup.

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June 21, 2017, 06:22:54 PM
 #220

Just created a new Slack channel that you can join with your email address to keep up with updates and chat in real time.

http://slack.betking.io/
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