[ANN][ICO][BKB] BetKing Bankroll Token - 465 BTC raised in pre-sale!

[cigun90]

Saw the ICO and this thread and seems like a very interessting project. Also becuase you had in the past a good succesfull site.
but as a noob i have a few qeustions about the the project.

- i couldn't find it but are you also thinking about to go to an exchange ?
- is there a telegram group ?
- and i know it's a casino site but will you provide sport bets in the future ? and what's making you different from other cryptocasino's or bet sites (like Wagerr)
- how big is your team? are there any marketing people? are you the only dev? etc etc

and can we actually say it's the new unibet of the cryptoworld?

[benedictonathan]

Is there any spreadsheet to see what languages were already reserved for the translation bounty? I am interested in translating into Filipino or Esperanto but still need to check if that is still possible. Thank  you.

[TagWatch]

Is there any spreadsheet to see what languages were already reserved for the translation bounty? I am interested in translating into Filipino or Esperanto but still need to check if that is still possible. Thank  you.

according to page 1, filipino allready done
https://bitcointalk.org/index.php?topic=1987536.0
dont know about Esperanto, what language is that ?

[iTradeChips]

Can't login to bounty portal. Enter username and password and after page reloads, no errors and etc, just reloaded. So can't login and can't check twitter and signature bounties. Please check it.

i guess bounty platform is under construction. i can not log in too.

Bounty site is fine. Just checked.

The people having problems with it keep trying to enter their email address instead of username.
Enter your username and it will work.

I enter username, not email.
And now it really OK, logged in to bounty portal. But see problems with twitter and signature stakes, sent you pm.

i was able to login to bounty portal now. i thought my account had problems. same with me my twitter stakes are not showing up. please update. thanks

[AztecGoldHero]

ım waıtıng for the last day of the ıco to ınvest some btc. but fırst ı need to earn some from other alts:D

ı feel good for thıs ıco.  good team wıth good backround. promıssıng ıco for me.

[BetKing.io]

The total funds raised will determine the price per BetKing Bankroll token.We will take the total value of all funds at the current exchange rate at the end of the crowdsale to determine the total raised funds.E.g. If we raised $1,000,000 then the price per token would be $0.014 (1,000,000 / 70,000,000).

The buy back price offered by BetKing will be based on the current total bankroll profit.So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).

This is where I lost track of the details: You use the full $0.014 per token to buy back, but part of that $0.014 was also used to cover costs. If this part is taken out of the value of remaining tokens, you'll end up short at some point.
Also, the 30% reserved tokens have the same $0.014 value, but no money has been put in. If you give one of the reserved tokens away as a testing bonus, and the tester decides to use sell it back to BetKing after the first quarter, where does it's $0.014 come from?

I don't end up short. The buy back price is tied to the current bankroll profit. I'm committing to buying back at least 10% of tokens every 3 months.
The site will be making profit in that time and it will be the profit that is used to buy back the tokens.

What happens if the site makes a loss rather than a profit? It looks to me like BetKing itself gets 30% of any profits made, but also suffers 30% of any losses since the buy-back price changes by (profit/100e6) rather than by (profit/70e6). Is that the case? Do you use the same formula even if the profit is negative?

If so it seems like you're running the risk of not being able to afford to buy back the 10% per quarter at some point.

Hi
You are correct that the buy back price changes by profit/100e6.
In the event of a severe loss due to player wins that means the buy back price will be lower.

I can use either previous profit or someo f the initial funds raised in the ICO to buy back in this case.
Not all the funds will be used for the bankroll. So the bankroll can be topped up with any funds not yet spent on dev/marketing etc.

In the unlikely worse case scenario where we needed extra funds to add to the bankroll I can sell a share of my 30%+any already bought back to get more Bitcoin to add to the bankroll.

These are worse case scenarios and with proper risk management of the funds and max payout limits this shouldn't be a problem.

[PastirmaliYumurta]

When will update stakes?

[caneca]

Now that I am a Jr. Member, can I participate in the signature campaign? I already changed my signature.

When will update stakes?

Stakes are already being updated, just read the previous posts.

[PastirmaliYumurta]

Now that I am a Jr. Member, can I participate in the signature campaign? I already changed my signature.

When will update stakes?

Stakes are already being updated, just read the previous posts.

i mean on bounty panel. I cant see anything?

[minbosen]

The rule 1 of the signature bounty campaign: You must write at least 15 constructive posts per week. I think 15 is too many for participants.

[anggriani]

Interesting .. I see on the website of this project has started from 2013, now betking will relaunch. I like what they offer now, from the benefits also the cool roadmap.

[DaMut]

The rule 1 of the signature bounty campaign: You must write at least 15 constructive posts per week. I think 15 is too many for participants.

Actually it's not,
Just posts 2 comment everyday,you can get 15 comment for a week.
If you are crypto enthusiast that's an easy matter

[Acguy]

The King is back!

[ether19]

Decided to join the Signature campaign of BetKing and support this project after reading a bit about this project and about the owner. I wish it all the very best and I look forward to invest some bitcoin as and when the ICO starts. I hope it can transform from the most profitable bitcoin dice site to the most profitable crypto gambling site!

[caneca]

Now that I am a Jr. Member, can I participate in the signature campaign? I already changed my signature.

When will update stakes?

Stakes are already being updated, just read the previous posts.

i mean on bounty panel. I cant see anything?

The stakes from twitter wil be uptade soon, but the stakes from signature campaing are already updated.
You can check here https://docs.google.com/spreadsheets/d/1FPHCKyJlP8sCT6a0voiGZLx3VMTVu19OyedR0aKKa3E/edit?usp=sharing

[majestymage]

still no reply if accepted for romanian translation or not 

[raskolnberg]

Can't login to bounty portal. Enter username and password and after page reloads, no errors and etc, just reloaded. So can't login and can't check twitter and signature bounties. Please check it.

i guess bounty platform is under construction. i can not log in too.

Bounty site is fine. Just checked.

The people having problems with it keep trying to enter their email address instead of username.
Enter your username and it will work.

Thank you so much, I did what they said

[BetKing.io]

Updated spreadsheet to show this weeks signature campaign participants
https://docs.google.com/spreadsheets/d/1FPHCKyJlP8sCT6a0voiGZLx3VMTVu19OyedR0aKKa3E/edit?usp=sharing

Remember stakes show for the sig campaign at end of the week once your posts have been counted to see if you were eligible.

[aliyagiz207]

Hello I joined the signature new weekly message count starts from what day
thank you soo much friends

[bobo012]

Hello I joined the signature new weekly message count starts from what day
thank you soo much friends

From the bounty thread regarding sig campaign:
Week starts at 12am UTC and ends Sunday 23:59 UTC