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Author Topic: True Flip - Become a shareholder of world's largest blockchain lottery  (Read 6082 times)
starb
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April 25, 2017, 09:53:58 PM
 #1


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April 25, 2017, 11:14:57 PM
 #2

Hey!

Apart from the nice graphic design not much is known about your company. I don't see any option to invest on your site and the expectation to sell 2 million+ tickets is absolutely absurd! Even if you sell 2 million tickets that means you have to have a prize of 1 million dollars in btc, and I'm not quite sure if you have that kind of money.

Now the stats: you claim 1/5 people participate in loterries of the 12.5 million registered users. Then you claim they will all come and participate in your lottery.

Reality:
- not every user is active
- how did you get that 1/5 number?
- you don't have 100% marketshare so you won't get all customers.

Another claim: $600000+ on marketing

Reality: this is waaay too much, the active bitcoin community doesnt require that much money and you havent even shown us all the types of media you will use and how effective it will be.

Another claim: ticket revenue: 50% to jackpot, 10% to shareholders, 40% to ?

Reality: I assume the 40% is profit, there is no reason to take that much profit. I would suggest that you make the percentage the shareholders get and the amount that goes into the jackpot higher.

Verdict:
Do not invest, this company and it's business model is waaay overvalued to the point where this might be a scam.

Hey George, the ocean called; they're running out of shrimp.
Well, the Jerk Store called, and they're running out of you.
What's the difference? You're their all-time best seller.
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April 26, 2017, 01:21:32 AM
 #3

Interesting offer, I never invested in a ICO before, I would like to try, but as Thomasven comment above says it doesn't inspire much confidence in investors, looks too risky. I agree the values OP showed are exaggerated and not realistic.

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April 26, 2017, 04:50:10 PM
 #4

Hello everybody!

My name is Nik and I am the representative for the TrueFlip.io project for the community.

First of all, let me thank you for this article. We've planned to open our official bitcointalk page this week, but you outpaced us). We will publish a link to the official channel this friday.

Let me introduce our product, team and plans.

We are proud to announce that our blockchain lottery, Trueflip.io, is ready for beta testing on a global scale in the Bitcoin community! After months of dedication to this project, beta testing is now available to everyone.

Our game looks the same as any ordinary lottery (for example Powerball): you guess 5 numbers between 1 and 49 and 1 between 1 and 26 (we decided to significantly increase the win probability by reducing the total quantity of numbers from 75 to 49, which gives about 1.3 times more chances to win than the PowerBall does). After that, our system randomly draws 6 numbered balls and this process is totally transparent!

However, these are all similarities to classic lotteries. Our advantage comes from the fact that our lottery is fully based on the Bitcoin and blockchain. We applied these advanced IT technologies to completely overhaul the rules of the game that has not been changed for almost 500 years. Our goal was to make it more convenient, open, fair, and valuable.

How does the draw take place?

The Trueflip.io lottery system works by taking the fetching the first hash in blockchain which appears after 20:00 UTC (which is impossible to know in advance and last ticket for the draw can be purchased up to 19:30) and plugging it into the algorithm which can be found on Github, to generate the six numbers for the upcoming drawing. This process is repeated for every draw at 20:00 every day. Here you can watch an explanation of the process or read an article in our official Medium Blog.

More info about the product and its advantages you can find on our site - http://trueflip.io/info/about.

Now about ICO we want to participate in May-June 2017.

First of all, what differs us from other ICO’s - we’ve already made the product, despite others who just promise to develop something in the future. So why do we still need ICO? Here are the main points:
 1. JackPot. A lottery will be interesting only if there is a BIG Jackpot - so we want to raise at least 1 000 BTC Jacpot from ICO campaign.
 2. Transparency. We want prove to the community that our game is fair. As for this very moment Trueflip is not transparent for 100%. We know this and have a plan how to move Trueflip to full decentralization and make it independent to any third parties (including the team). We will explain our plans in the White Paper in the end of this week.
 3. Marketing and PR. We understand that a few projects can get millions clients without marketing budget. So, selling TFL tokens will assemble a budget for worldwide marketing campaign. We have a solid marketing strategy.

Here are the percentages for ICO token and Ticket:

TFL token structure (price from 0.007 to 0.025 BTC)100%
Jackpot55%
Marketing30%
Decentalized token development10%
Management fee5%

Ticket (constant price 0.001 BTC)100%
Jackpot65%
Marketing15%
Management fee5%
Dividends15%

One more thing - we are going to contribute 80% of all the emission to community (800 000 TFL tokens for ICO and 200 000 TFL tokens will be stayed for the team).

Concerning Marketing budget - we know how to achieve 100 000+ users per day. It is expensive but effective. All reports will be transparent for shareholders. And after becoming decentralized, all shareholders will be able to vote for reducing or increasing of the marketing budget or dividends.

About our team: we are international: Russia, Canada, Brasil, China, Japan and other countries. We have great experience in product development (more than 12 years). Core developers are well experienced in blockchain. Also we are working to engage some well-known community people to our advisory board.

We have much more information we would love to share with you and will next time in our official bitcointalk page.

We are open to discuss our project and make true decisions. Feel free to ask any question.

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
Thomasven
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April 26, 2017, 08:55:30 PM
 #5


The Trueflip.io lottery system works by taking the fetching the first hash in blockchain which appears after 20:00 UTC (which is impossible to know in advance and last ticket for the draw can be purchased up to 19:30) and plugging it into the algorithm which can be found on Github, to generate the six numbers for the upcoming drawing. This process is repeated for every draw at 20:00 every day. Here you can watch an explanation of the process or read an article in our official Medium Blog.

More info about the product and its advantages you can find on our site - http://trueflip.io/info/about.


So what happens when no tickets have the corresponding numbers?

Hey George, the ocean called; they're running out of shrimp.
Well, the Jerk Store called, and they're running out of you.
What's the difference? You're their all-time best seller.
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April 27, 2017, 10:12:46 AM
 #6

In an every draw that has already took place there were wining tickets. You can see wining combinations here http://imgur.com/a/oDGUh and archive of the draws can be found here: http://trueflip.io/info/archive

If you click on the 23 Draw, you can see all the data and who won that time - http://imgur.com/H340ZeF - 3 tickets won 0.075 btc


The Trueflip.io lottery system works by taking the fetching the first hash in blockchain which appears after 20:00 UTC (which is impossible to know in advance and last ticket for the draw can be purchased up to 19:30) and plugging it into the algorithm which can be found on Github, to generate the six numbers for the upcoming drawing. This process is repeated for every draw at 20:00 every day. Here you can watch an explanation of the process or read an article in our official Medium Blog.

More info about the product and its advantages you can find on our site - http://trueflip.io/info/about.


So what happens when no tickets have the corresponding numbers?

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
Thomasven
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April 27, 2017, 10:51:50 AM
 #7

Thanks for the info, I see that your system is pretty transparent. There's one thing I'm worried about and that is the jackpot.
You claim your jackpot is 12 btc, but there's no address to back up that claim. If you provide the address where the potential winnings are stored than that will
increase the trust people have in your business.

Hey George, the ocean called; they're running out of shrimp.
Well, the Jerk Store called, and they're running out of you.
What's the difference? You're their all-time best seller.
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April 27, 2017, 02:21:39 PM
 #8

At least i do not think you are the largest lottery atm.
It's a good system at all and it really looks good, but the concept isn't friendly to understand.
We will see how many will use this in future.
carlfebz2
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May 02, 2017, 04:46:22 PM
 #9

At least i do not think you are the largest lottery atm.
It's a good system at all and it really looks good, but the concept isn't friendly to understand.
We will see how many will use this in future.
Nope,its really understandable even though its not really user friendly at all but if you are a techy guy you would easily catch it up.As far as I know there are lots already who made an attempt on having a lottery online based on Bitcoin but seems all have failed and didn't pursue their projects because of lacking interest on the public.This site do have transparency and well designed but interest of people would really matter here most.



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TrueFlip.io
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May 03, 2017, 05:10:29 PM
 #10

Thanks) we are getting feedback from our early users and mak a product more interactive day by day.
 
Here are our roadmap for nearest week:
1. Start accepting ETH
2. Give users multi tickets, that allows to play in series of draws (up to 60 draws)
3. Start broadcasting in live the Draw process (not so technical and boring as youtube but much engaging:) It's a secret we will uncover in next 2 weeks.

Good luck!

p.s.
one more thing - we have our first winner of 0.5 BTC! You can find him in the Draw №30 30/04/2017

At least i do not think you are the largest lottery atm.
It's a good system at all and it really looks good, but the concept isn't friendly to understand.
We will see how many will use this in future.
Nope,its really understandable even though its not really user friendly at all but if you are a techy guy you would easily catch it up.As far as I know there are lots already who made an attempt on having a lottery online based on Bitcoin but seems all have failed and didn't pursue their projects because of lacking interest on the public.This site do have transparency and well designed but interest of people would really matter here most.

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
Idrisu
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May 06, 2017, 09:23:45 AM
 #11

Since many of us here are not familiar with the tech how do we cash up. I think things should be made alot easier if everything is explained to the level a lay man can understand. Though I will like to go through way it works because this blockchain lottery is one of apart of crypto currencies that has not been fully utilize.

B2















BitDouble.io
















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May 07, 2017, 06:35:15 AM
 #12

Firstly, I wish this project all the very best as this market has a huge potential to grow.

I have a lottery system that would truly make you stand out among your competitors. If your interested to collaborate and imply my strategy, kindly reply back or PM me.

One its whole, I've solved an issue which would incentives both parties (ticket buyers and house) as it's really important for the house to set a platform that would protect people from the degenerate activity of going broke which in hindsight would decrease volume in the long run as well as bring unnecessary FUD talk with regards to the transparency of your algorithm.

Regards Smiley
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May 10, 2017, 07:10:45 AM
 #13

Firstly, I wish this project all the very best as this market has a huge potential to grow.

I have a lottery system that would truly make you stand out among your competitors. If your interested to collaborate and imply my strategy, kindly reply back or PM me.

One its whole, I've solved an issue which would incentives both parties (ticket buyers and house) as it's really important for the house to set a platform that would protect people from the degenerate activity of going broke which in hindsight would decrease volume in the long run as well as bring unnecessary FUD talk with regards to the transparency of your algorithm.

Regards Smiley

Hello, it's very nice to meet you.
We are glad to any new partnerships and interesting acquaintances.
Please write to us at info@trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
condoras
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May 10, 2017, 02:56:36 PM
 #14

Well, i must to admit, that your site it's looking great. Nice work you got there. Smiley
I don't fully understand your system but i like the consept of a blockchain based lottery.
Two things that i notice. You don't have a green/trusted safe connection and no info for someone that don't want to play but only to invest in your project.

As for looking for investors or more people to join, maybe you need to create an ANN at the Alt coins section.
I will watch this, as i'm interested to see where it would end and probably invest... Roll Eyes
Hope for the best!

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May 11, 2017, 01:43:15 PM
 #15

Well, i must to admit, that your site it's looking great. Nice work you got there. Smiley
I don't fully understand your system but i like the consept of a blockchain based lottery.
Two things that i notice. You don't have a green/trusted safe connection and no info for someone that don't want to play but only to invest in your project.

As for looking for investors or more people to join, maybe you need to create an ANN at the Alt coins section.
I will watch this, as i'm interested to see where it would end and probably invest... Roll Eyes
Hope for the best!


Hello, Condoras.
Very pleased that you liked our site, we worked long hours on this.
Correctly I understand you, you speak about https?
This task is our programmers' task, it will be solved very soon.


For investors, we have the ico page, but we will finalize it, as we are now in the final stages of preparation.
www.trueflip.io/ico

This topic on the forum, not official, we plan to open an official topic in the near future and make an announcement.

Thank you very much for your attention.
Write to me at PM and I will give you a free ticket Wink

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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May 14, 2017, 02:53:25 AM
 #16

You don't have a green/trusted safe connection

yeah felt pretty weird right off the bat, but couple that with the gambling factor by nature and the large amount of confusion for the average site-visitor in regards to finding the ico, I'm not sure myself if this is scammy or not yet.

will be interesting to watch but it seems the ICO is kinda speaking for itself = /
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May 14, 2017, 03:04:15 AM
 #17

Hmm idk about this one. I'll be watching this project and see how it progresses. I may be willing to invest a small amount but I'll be waiting for some more updates.














 

 

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TrueFlip.io
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May 14, 2017, 05:08:22 AM
 #18

You don't have a green/trusted safe connection

yeah felt pretty weird right off the bat, but couple that with the gambling factor by nature and the large amount of confusion for the average site-visitor in regards to finding the ico, I'm not sure myself if this is scammy or not yet.

will be interesting to watch but it seems the ICO is kinda speaking for itself = /

Hmm idk about this one. I'll be watching this project and see how it progresses. I may be willing to invest a small amount but I'll be waiting for some more updates.



Thank you for your attention, very soon we will open the official topic of our project on the forum. We will definitely post a link in this thread. We have a lot of good news.

Stay in touch

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
Panda Trump
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May 14, 2017, 09:07:14 AM
 #19

You don't have a green/trusted safe connection

yeah felt pretty weird right off the bat, but couple that with the gambling factor by nature and the large amount of confusion for the average site-visitor in regards to finding the ico, I'm not sure myself if this is scammy or not yet.

will be interesting to watch but it seems the ICO is kinda speaking for itself = /

Hmm idk about this one. I'll be watching this project and see how it progresses. I may be willing to invest a small amount but I'll be waiting for some more updates.



Thank you for your attention, very soon we will open the official topic of our project on the forum. We will definitely post a link in this thread. We have a lot of good news.

Stay in touch
If you need any Dutch translations for your post/whitepaper/website, just tell me Smiley
(I need more trust on this website and it's the only thing I'm good at  Cry
Anyways, feel free to contact me

Have a nice day,
-Panda Trump

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May 14, 2017, 03:20:25 PM
 #20


If you need any Dutch translations for your post/whitepaper/website, just tell me Smiley
(I need more trust on this website and it's the only thing I'm good at  Cry
Anyways, feel free to contact me

Have a nice day,
-Panda Trump

Hello, thank you very much, maybe we will soon contact you for a translation.

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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May 20, 2017, 05:00:39 PM
 #21

Hello.

This is from Facebook TrueFlip.io official https://www.facebook.com/TrueFlip.io

Hello, everyone. Recently many of you have been asking our support about the orange notice in your account.
This notice is saying that cheaters forced us to put a hold on all account withdrawals. Each user has to be verified before being able to withdraw. We recommend that you share this with your referrals, etc to make it a bit easier for our support team. We are constantly working to solve this issue, but need time to do so. Thank you for understanding.

and this

Hello, Trueflip users. Our live support team hours of operation are Monday to Friday 24 hours. Saturday and Sunday they will be offline. However, you can still get help by emailing us at support@trueflip.io Thank you for understanding.


Be careful, if you win it does not mean you will get you reward due to cheaters or any other reason. -)


International anonymous blokchain lottery would like to verify you, your bitcoin address or may be something else.
It sounds unreal.




Thank you for attention. Our system received a very serious load, at the same time there were up to 500 people on the site, and more than 12 thousand pieces were registered for one day. We were not ready for this success, so we need time to adjust everything for comfortable work with such a load. Unfortunately, bad people tried to deceive the system and began to register non-existing accounts, we are conducting an investigation. Please wait.

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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May 21, 2017, 09:52:05 PM
 #22

it's not true. Send please your account e-mail to pm. I will try check.

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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May 22, 2017, 11:44:09 AM
 #23

Hello.

This is not good at all.
I have the answer for my request from support@trueflip.io

Please read

We received your request. All withdrawals are manual. It takes 2 to 4 business days to process your request.

We take money out of cold storage wallet and can only be taken out during business days.

Withdrawals are not processed during weekends.


Are you kidding me?
To get 20 usd from your wallet I should wait 2-4 business days.
Is this blockchain bitcoin wallet or bank transfer?


You're right, it's not good. But we need to fight against scammers, who tries to cheat the system, we have already identified more than 500 people who created fake accounts. This work takes time and does not give you any right to say that the project does not pay.

Send please your account name to pm.

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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May 22, 2017, 12:48:16 PM
 #24

I realised a fake ac has been created in trueflip.io using my email address. How can this be remedied?
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May 22, 2017, 05:54:56 PM
 #25

Dear friends, we have opened our official bitcointalk page - https://bitcointalk.org/index.php?topic=1928663.new#new

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
New User A
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May 23, 2017, 02:11:10 PM
 #26

quote author=TrueFlip.io
These scammers are very inventive)
We are fighting and improving the system.
 
We need to confirm that this is your mail, I will send you a letter now, can you answer it?
[/quote]

Haha... what an unprofessional reply... Letter? Hmmm... this is how TrueFlip.io deals with fake user acs...
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May 28, 2017, 11:34:57 PM
 #27

what a lol site, you event cannot pay you affiliate how can you make better site? random banned? lol good luck for that
if you banned people in your site atleast give the proof if them cheat dude lol we no need give you the proof for your banned you say what a lol
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May 31, 2017, 09:31:02 AM
 #28

This is just a brandnew site but there are already lots of complaints or issues against it which means its not really worth to put our money on here. Lottery based games are non famous and doesnt gain popularity ahead.There are some who tried at first then vanished after because no one would likes to bet.Reading above comments those are poor response and scamming attempts made by this site.How poor it is.

               ▄▄▄██
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            ▀████▄▄████   ▀███████████▀   ███
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             ██████████       ▀███▀      ████
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[]
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May 31, 2017, 12:56:54 PM
 #29

Crossposting for more people to see:
Warning signs 15 days ago: https://steemit.com/trueflip/@iawgom/trueflip-io-bitcoin-lottery-concerns-about-their-ico and updates in comments which confirm the shadyness of this "business".
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May 31, 2017, 08:22:07 PM
 #30

Some or the arguments you inckued as good reason to invest in your blockchain lottery are out of place IMO.
What's that got to do things like - number of users of blockchain.info or number of people playing lotteries IRL?
The fact is that blockchain lotteries are NOT popular, they are marginal among other crypto related gambling services.
Do you even know ONE successful website which offers big lottery jackpot?

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June 01, 2017, 04:45:21 PM
 #31

what a lol site, you event cannot pay you affiliate how can you make better site? random banned? lol good luck for that
if you banned people in your site atleast give the proof if them cheat dude lol we no need give you the proof for your banned you say what a lol

This is just a brandnew site but there are already lots of complaints or issues against it which means its not really worth to put our money on here. Lottery based games are non famous and doesnt gain popularity ahead.There are some who tried at first then vanished after because no one would likes to bet.Reading above comments those are poor response and scamming attempts made by this site.How poor it is.

Crossposting for more people to see:
Warning signs 15 days ago: https://steemit.com/trueflip/@iawgom/trueflip-io-bitcoin-lottery-concerns-about-their-ico and updates in comments which confirm the shadyness of this "business".

Some or the arguments you inckued as good reason to invest in your blockchain lottery are out of place IMO.
What's that got to do things like - number of users of blockchain.info or number of people playing lotteries IRL?
The fact is that blockchain lotteries are NOT popular, they are marginal among other crypto related gambling services.
Do you even know ONE successful website which offers big lottery jackpot?

Dear Friends,

We kindly ask you not to hastily jump to conclusions about our project. We are currently preparing to roll-out additional features on our community page that will add more openness to our project.

Here are examples of scams we have to fight on a daily basis:
https://youtu.be/SukbPJ4GPts

A lot of people have watched the video and applied this technique to make the experience deterimental for honest users. Every day we improve our bot detection system to filter users who are trying to skew the odds unfairly by generating false referals, register via one-time e-mail addresses, and generally attempt to use the lottery in ways that ruin the game for everyone. However, this is only a minor setback for us as we are in the process of building the most honest and provable lottery possible. We count on your support to make it happen.

We are open to any questions and in the near future a new page describing the project in-depth, and with a biography of our team is expected to be published and available for consultation.

We invite you to visit our main topic page at:

www.bitcointalk.org/index.php?topic=1928663.20


Update: All over the social media network, many cheaters write that our site is scam and we do not pay winnings. To prove our legitimacy we have made a special page where all the receipts and payments on our website are paid out with transactions in the blockchain.  https://trueflip.io/proofs_of_the_truth

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
Amadues
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June 03, 2017, 08:57:29 AM
 #32

I was checking my mail and saw your mail:

1)"Hackers tried cheating with our security system and withdraw more than 8 BTC from the game! But, our security system could stand these attacks! As the result we’ve detected and neutralized more than 16,000 users who tried to trick True Flip."

What kind of breach are we talking about? Was this attack affected to fairness of past lottery rounds? Please clarify.

2)"At this point, withdrawals are carried out manually."

This isn't good sign and known practice for gambling site. It's a widely known fact that nearly 90-percent of sites offer instant withdrawal.Is this decision temporary or permanently due to hacking attacks?


 
 
                   ██                      ██
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 ██                 ██         ██                    ██
 
█████████████████████████
 
 

A V E N T U S
 
 

 
 
██ 
██ 
██ 
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██ 
██ 
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  [
Event ticketing Antifraud Solution
   No counterfeits No touting
]
 
 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
 
●○  ANN
●○  BOUNTY THREAD
●○  WEBSITE
  
●○  SLACK
●○  MEDIUM
●○  WHITEPAPER
 
 
 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
██ 
 
TrueFlip.io
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June 03, 2017, 06:27:16 PM
 #33

Hello, Amadues
Thanks for attention to our project and interesting questions.


I was checking my mail and saw your mail:

1)"Hackers tried cheating with our security system and withdraw more than 8 BTC from the game! But, our security system could stand these attacks! As the result we’ve detected and neutralized more than 16,000 users who tried to trick True Flip."

What kind of breach are we talking about? Was this attack affected to fairness of past lottery rounds? Please clarify.

As for the first question, there were many hackers who created botnets or fake accounts which were registered using fake emails, or fake social network accounts.
Some insolent cheaters have created 150-200 fake accounts to get free tickets.
In addition, there were attempts of cracking the backend of our system, but they did not succeed.
All of them have stolen nothing from our system, and couldn't succeed in changing its code or algorithms.
Our system is still clear and transparent. Each day our security team improves it program and makes it more stable.
In the future, we will improve our security system. We will implement a two-factor authentication by player's desire to ensure accounts are safe and legit.



2)"At this point, withdrawals are carried out manually."

This isn't good sign and known practice for gambling site. It's a widely known fact that nearly 90-percent of sites offer instant withdrawal.Is this decision temporary or permanently due to hacking attacks?

This is a temporary measure. We, at Trueflip, will try to start automatic payments in early July. One of our future goals after a successful ICO is to make  Trueflip decentralized, and transfer all payments to smart contracts.


Please ask all questions in the official topic

https://bitcointalk.org/index.php?topic=1928663.20

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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June 08, 2017, 02:29:24 AM
 #34

Hi all,
It's luckily, This morning i received an email that My bet won.  then I checked my account on True Flip.  Grin Grin Grin Grin Grin

yes, luck was beside me ,

I tried to withdraw to test the system before spending time to.
however the withdraw section does not work.
TrueFlip.io
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June 08, 2017, 09:27:32 PM
 #35

Hi all,
It's luckily, This morning i received an email that My bet won.  then I checked my account on True Flip.  Grin Grin Grin Grin Grin

yes, luck was beside me ,

I tried to withdraw to test the system before spending time to.
however the withdraw section does not work.

Hello, sonhatq,

If you already report your issue we will respond you as soon as possible.
If not, please send us a request following the link https://trueflip.typeform.com/to/W71gcm.
We are happy in help you.

Best regards,
Trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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June 13, 2017, 07:49:37 PM
 #36

Hi everyone!

We are proud to announce that our pre-sale stage is over! And it was successful! Of course we couldn't do it without you all.
We have collected more than 100 BTC and additionally received requests for more than 300 BTC after the end of pre-sale. And once again we noticed that our project is interesting to you and that it has a great potential!
We have not finished the full pre-sale report yet, but we already are working hard on attracting big names in the community and making our upcoming Token Sale great too!
By the way, our Token Sale will begin on June 28 and we are waiting for you there.
You can follow our news on Facebook and Slack.
Do not miss out the opportunity to take part in Token Sale, purchase TrueFlip tokens on super profitable terms and partake in bounty program.

Best wishes,
Trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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June 14, 2017, 06:34:23 PM
 #37

Good news, everyone!

Following our successful pre-sale with over BTC100 gained, we’re happy to announce the new Jackpot size, which is now BTC39.5 ($100k, depending on BTC rates) and it keeps growing.
As we stated before, that’s a direct result of these funds distribution process according to our policy.
Therefore we’re waiting for the main ICO event to form a really one-of-a-kind Jackpot in its size and transparency.
Just get involved and support the birth of a legend!

Best wishes,
Trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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June 15, 2017, 08:18:37 PM
 #38

Hey!

Apart from the nice graphic design not much is known about your company. I don't see any option to invest on your site and the expectation to sell 2 million+ tickets is absolutely absurd! Even if you sell 2 million tickets that means you have to have a prize of 1 million dollars in btc, and I'm not quite sure if you have that kind of money.

Now the stats: you claim 1/5 people participate in loterries of the 12.5 million registered users. Then you claim they will all come and participate in your lottery.

Reality:
- not every user is active
- how did you get that 1/5 number?
- you don't have 100% marketshare so you won't get all customers.

Another claim: $600000+ on marketing

Reality: this is waaay too much, the active bitcoin community doesnt require that much money and you havent even shown us all the types of media you will use and how effective it will be.

Another claim: ticket revenue: 50% to jackpot, 10% to shareholders, 40% to ?

Reality: I assume the 40% is profit, there is no reason to take that much profit. I would suggest that you make the percentage the shareholders get and the amount that goes into the jackpot higher.

Verdict:
Do not invest, this company and it's business model is waaay overvalued to the point where this might be a scam.


That being said there are many things wrong with the numbers and if you really want to attract possible investors, you should re-calculate and get the numbers right
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June 16, 2017, 08:05:48 PM
 #39

Hey!

Apart from the nice graphic design not much is known about your company. I don't see any option to invest on your site and the expectation to sell 2 million+ tickets is absolutely absurd! Even if you sell 2 million tickets that means you have to have a prize of 1 million dollars in btc, and I'm not quite sure if you have that kind of money.

Now the stats: you claim 1/5 people participate in loterries of the 12.5 million registered users. Then you claim they will all come and participate in your lottery.

Reality:
- not every user is active
- how did you get that 1/5 number?
- you don't have 100% marketshare so you won't get all customers.

Another claim: $600000+ on marketing

Reality: this is waaay too much, the active bitcoin community doesnt require that much money and you havent even shown us all the types of media you will use and how effective it will be.

Another claim: ticket revenue: 50% to jackpot, 10% to shareholders, 40% to ?

Reality: I assume the 40% is profit, there is no reason to take that much profit. I would suggest that you make the percentage the shareholders get and the amount that goes into the jackpot higher.

Verdict:
Do not invest, this company and it's business model is waaay overvalued to the point where this might be a scam.


That being said there are many things wrong with the numbers and if you really want to attract possible investors, you should re-calculate and get the numbers right


Hello David19,

You can get more information about our business model following the link to our Token Sale page (https://ico.trueflip.io/).
For even more detailed information please download our white paper and you can know all which is necessary to understand the proposed fund sharing, including marketing budget.
Also you can see that all information you quoted has long been updated.

In addition we'd like to ask for all people someway interested on our project to post commentaries, suggestions, etc on our main bitcointalk topic (https://bitcointalk.org/index.php?topic=1928663).
That is where we keep all information up to date.

Best regards,
Trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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June 28, 2017, 12:55:59 PM
 #40

Hi,
Seems your website is missing german translation. If you intersted just pm me.
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July 02, 2017, 05:14:19 PM
 #41

Hi there,

can somebody help me out please. I wanted to refill my BTCamount via the investor profile. I have sent 0.05 BTC directly from my wallet to the following refill address:

1FwmXPTn8vsHCbUzYp4biuwxHGmjXQFHjk
TXid: 7cf3891210c233786c002874182b9dbd639106e5ff82838daa0da5e54fec4eed
Hash: a3ed63bd2623ebb70d54d6e3550359816d3d34d7

Atm of writing it has been confirmed 8 times. Yet nothing is showing up on my dashboard, not even pending. My BTCwallet shows a succesfull withdrawal tho. Please help!?
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July 03, 2017, 07:49:01 PM
 #42

Hi,
Seems your website is missing german translation. If you intersted just pm me.


Hi,

You can apply to bounty following the link https://t.me/joinchat/DgiyKkJe-SOvbwURmdun6A.

Best regards,
Trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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July 03, 2017, 08:19:37 PM
 #43

Hi there,

can somebody help me out please. I wanted to refill my BTCamount via the investor profile. I have sent 0.05 BTC directly from my wallet to the following refill address:

1FwmXPTn8vsHCbUzYp4biuwxHGmjXQFHjk
TXid: 7cf3891210c233786c002874182b9dbd639106e5ff82838daa0da5e54fec4eed
Hash: a3ed63bd2623ebb70d54d6e3550359816d3d34d7

Atm of writing it has been confirmed 8 times. Yet nothing is showing up on my dashboard, not even pending. My BTCwallet shows a succesfull withdrawal tho. Please help!?

Hi, BIGMONEYSALVIA,

I hope it is already fine now. Let me know if you need some help yet.

Best regards,
Trueflip.io

                       ● ● TrueFlip ● #TOKEN SALE BEGINS JUNE 28, 2017 ● ●                       
FIRST ALREADY WORKING LOTTERY ●
● [WHITEPAPER] [BITCOINTALK] [GITHUB] [SLACK] [TWITTER] [FACEBOOK] [STEEMIT] ●
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July 05, 2017, 09:37:09 PM
 #44

Hi
Nice idea really
its the first time for me to buy at the ICO

i think you need to accept pay by Fiat to buy tickets ...to no fear un-cryptofan and guys don't care of bitcoin and cryptocurrencies

I try to join on Slack but i never received any confirmation by mail

Have a nice day

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July 06, 2017, 01:24:19 PM
 #45

I am surprised that why there isnt much promotion for trueflip .. maybe this is the reason that ICO is going slow and steady even though the idea is good and solid

or maybe i am in the wrong post?
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July 09, 2017, 09:36:28 AM
 #46

I cant sent my TFLs to my ETH wallet.

After this spet i see : 0

Input _owner address: 0x6049604960496049604960496049604960496049
Input _spender address: MY ETHEREUM ADDRESS

>>>>>>>> remaining uint256 : 0
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July 09, 2017, 08:08:33 PM
 #47

I am surprised that why there isnt much promotion for trueflip .. maybe this is the reason that ICO is going slow and steady even though the idea is good and solid

or maybe i am in the wrong post?

to many ICO


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July 11, 2017, 10:05:14 PM
 #48

Is this the main ANN page for this coin?
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July 12, 2017, 12:52:12 AM
 #49

I’ve just posted a review of the True Flip ICO, if you’d care to take a look.
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July 12, 2017, 07:57:05 AM
 #50

@TrueFlip.io

did you check my pms... I wait and wait , ...can you pls check and respond.



>>>>>>>>>>>>>>>
I cant sent my TFLs to my ETH wallet.

After this step i see : 0

Input _owner address: 0x6049604960496049604960496049604960496049
Input _spender address: MY ETHEREUM ADDRESS

>>>>>>>> remaining uint256 : 0

Thanks
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July 12, 2017, 08:20:37 AM
 #51

@TrueFlip.io

did you check my pms... I wait and wait , ...can you pls check and respond.



>>>>>>>>>>>>>>>
I cant sent my TFLs to my ETH wallet.

After this step i see : 0

Input _owner address: 0x6049604960496049604960496049604960496049
Input _spender address: MY ETHEREUM ADDRESS

>>>>>>>> remaining uint256 : 0

Thanks

I do everything correctly and if I get to the final step and the system shows I have 0 tfl that means I run correctly the steps


Please check if the problem is not in your site because I saved at least 20 times my eth address but the field is always empty in my account ( Its not saved at all)

Please try  to save my eth address in my account by your self and then inform me in order to try again.....
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July 12, 2017, 10:58:56 AM
 #52

Is this the main ANN page for this coin?

you can go to this one for ANN trueflip : https://bitcointalk.org/index.php?topic=1928663.0
goodluck dude

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July 13, 2017, 08:33:07 PM
 #53

Can anyone elaborate how "proof of community" works?
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July 17, 2017, 03:45:12 PM
 #54

Dumb questions incoming....
I bought some tokens, direct investment into the contract, tokens show in myetherwallet.
How in the world can I get these tokens to appear on my trueflip investor profile?
What is the impact if any of leaving them in myetherwallet?
Slack channel is dead.

Thanks!
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