how to attract investors (500 BTC) for new betting concept

[pixie85]

The first thing you need to do is build a reputation....You can't just jump in here and ask for a $1.5M investment without standing in the community.  Yes, it sounds like a good idea, right? ---> just jump onto the forum, set up an ICO, raise a million dollars, and get rich quick! 

He wouldn't need to build a reputation if he had a portfolio. Previous projects tell a lot about an entrepreneur. If he was successful with his previous projects there's fair chance he will be again. Another important thing is being open and honest about the business, future plans and people involved in it. Transparency is a key factor when you want  to build trust.

[1715084693]

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[1715084693]

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[cjmoles]

The first thing you need to do is build a reputation....You can't just jump in here and ask for a $1.5M investment without standing in the community.  Yes, it sounds like a good idea, right? ---> just jump onto the forum, set up an ICO, raise a million dollars, and get rich quick! 

He wouldn't need to build a reputation if he had a portfolio. Previous projects tell a lot about an entrepreneur. If he was successful with his previous projects there's fair chance he will be again. Another important thing is being open and honest about the business, future plans and people involved in it. Transparency is a key factor when you want  to build trust.

"Previous projects" are a major factor in determining a person's reputation. A history of successful projects increases a persons standing in the community which contributes to a persons credibility, thereby, resulting in a favorable reputation.  On the other hand, it's ridiculous for a person to come in here expecting a million dollar investment without a verifiable resume'.

[darkangel11]

The first thing you need to do is build a reputation....You can't just jump in here and ask for a $1.5M investment without standing in the community.  Yes, it sounds like a good idea, right? ---> just jump onto the forum, set up an ICO, raise a million dollars, and get rich quick! 

He wouldn't need to build a reputation if he had a portfolio. Previous projects tell a lot about an entrepreneur. If he was successful with his previous projects there's fair chance he will be again. Another important thing is being open and honest about the business, future plans and people involved in it. Transparency is a key factor when you want  to build trust.

"Previous projects" are a major factor in determining a person's reputation. A history of successful projects increases a persons standing in the community which contributes to a persons credibility, thereby, resulting in a favorable reputation.  On the other hand, it's ridiculous for a person to come in here expecting a million dollar investment without a verifiable resume'.

You are correct.
First of all, OP should provide a proof of his funds for the project. If it's to be 100% crowdfunded and he wants a million, then it's a joke or a scam.
Then he should not make this anonymous. He can be new to Bitcoins and to the forum, but he should have some experience in running a business. If he doesn't have that, he should hire a professional and that person should provide credentials and vouch for the project.

[RealPhotoshoper]

The first thing you need to do is build a reputation....You can't just jump in here and ask for a $1.5M investment without standing in the community.  Yes, it sounds like a good idea, right? ---> just jump onto the forum, set up an ICO, raise a million dollars, and get rich quick! 

He wouldn't need to build a reputation if he had a portfolio. Previous projects tell a lot about an entrepreneur. If he was successful with his previous projects there's fair chance he will be again. Another important thing is being open and honest about the business, future plans and people involved in it. Transparency is a key factor when you want  to build trust.

"Previous projects" are a major factor in determining a person's reputation. A history of successful projects increases a persons standing in the community which contributes to a persons credibility, thereby, resulting in a favorable reputation.  On the other hand, it's ridiculous for a person to come in here expecting a million dollar investment without a verifiable resume'.

You are correct.
First of all, OP should provide a proof of his funds for the project. If it's to be 100% crowdfunded and he wants a million, then it's a joke or a scam.
Then he should not make this anonymous. He can be new to Bitcoins and to the forum, but he should have some experience in running a business. If he doesn't have that, he should hire a professional and that person should provide credentials and vouch for the project.

Yeaaa it will feels like asking money from random people.
Even a trustworthy forum member i doubt could get that huge amount for a random idea.
Unless if he can convince us with his project , i see there is a lot of successful ico funded with thousands bitcoin and you might can emulate from them.

[MinerHQ]

Hello all,

I am reading since a long time on this forum and I learned a lot about BTC and altcoins.

Because of the info I found of this forum I bought ETC, ETH and ICN long before their current heights.
Thank you.

I started to get intrested in BTC-betting/casino`s and investing in bankrolls of casinos/sites.
There are some good sites live, but honestly: most of them are copies of each other.

I am currently working on a (yes I say it myself) very nice, appealing, new concept.
We will launch with a working beta soon.

In order to get a bigger bankroll (to accept bigger bets) and apply for a gambling license we will be open for investments.
We can go the traditional way and ask friends, fools & family or even professional investors... but I also learnd on this forum that there are other possibilities.  How does it work? What are the possibilities? It 's a little confusing for me.

Idealy we would raise 500 BTC.

Do I give out tokens?smart contracts as a share of the project/bankroll/winning-losses...?



Ty!

The first thing you need to do is build a reputation....You can't just jump in here and ask for a $1.5M investment without standing in the community.  Yes, it sounds like a good idea, right? ---> just jump onto the forum, set up an ICO, raise a million dollars, and get rich quick! 

But building a reputation takes a lot of time and by then their idea may become old. So if one thinks that they got a good idea but don't have funds to start a project then they should convince first any good escrow and ask them to hold the money then they can able to raise some money but not sure exactly how much they can get it.

[milewilda]

Hello all,

I am reading since a long time on this forum and I learned a lot about BTC and altcoins.

Because of the info I found of this forum I bought ETC, ETH and ICN long before their current heights.
Thank you.

I started to get intrested in BTC-betting/casino`s and investing in bankrolls of casinos/sites.
There are some good sites live, but honestly: most of them are copies of each other.

I am currently working on a (yes I say it myself) very nice, appealing, new concept.
We will launch with a working beta soon.

In order to get a bigger bankroll (to accept bigger bets) and apply for a gambling license we will be open for investments.
We can go the traditional way and ask friends, fools & family or even professional investors... but I also learnd on this forum that there are other possibilities.  How does it work? What are the possibilities? It 's a little confusing for me.

Idealy we would raise 500 BTC.

Do I give out tokens?smart contracts as a share of the project/bankroll/winning-losses...?



Ty!

The first thing you need to do is build a reputation....You can't just jump in here and ask for a $1.5M investment without standing in the community.  Yes, it sounds like a good idea, right? ---> just jump onto the forum, set up an ICO, raise a million dollars, and get rich quick! 

But building a reputation takes a lot of time and by then their idea may become old. So if one thinks that they got a good idea but don't have funds to start a project then they should convince first any good escrow and ask them to hold the money then they can able to raise some money but not sure exactly how much they can get it.

Theres still some possible ways to gathered money but it would really be a tough one specially when you arent trustable enough by the community. You are right building reputation isnt easy and it would really requires time which means those ideas of yours would be only stuck on limbo.

[stiffbud]

In order to get a bigger bankroll (to accept bigger bets) and apply for a gambling license we will be open for investments.
We can go the traditional way and ask friends, fools & family or even professional investors... but I also learnd on this forum that there are other possibilities.  How does it work? What are the possibilities? It 's a little confusing for me.

Idealy we would raise 500 BTC.

Do I give out tokens?smart contracts as a share of the project/bankroll/winning-losses...?

Ty!

You would want to start a crowdfunding for this. And yes, I think you will get more investors if there are incentives given to them more than what other already existing gambling investments could offer. I think it will be hard though without a background of who you are and are you the one only going to operate the site? Usually people who are unknown or don't have any trust here will have a hard time raising funds in projects like this. Many gambling sites already tried and failed and closed their platform.

[BitcoinSupremo]

If the project is as good as you say it is, people or more precisely gamblers will become naturally interested in this project. I think many of them will start to add to the bankroll you are requiring for a start (500 btc) however I think it is much better to have a few partners who are like you in cryptocurrency interested and to collect together the sum without the need of investors. You can open up space then for investors to invest in your casino bankroll just like many other casinos are doing.

[ralle14]

And btw: casinos/games whith a house edge of 1% do make way more money then 1% of the total bets. Don't let them fool you.
The profit a casino make is nearly the total drop (all the deposits).  

EDIT: my quesion is:
if the moment is there and we launch our beta, where to find the first players & where to pitch investors?
Here on this forum? Or...? Where is the best place for sponsered posts /ads?

Nobody has to answer ofc, but here is so much knowledge presented... It would be a shame of me not to ask you opinions guys.


Ty

I don't get what you mean about 1% of the total bets isn't that the same as the 1% house edge from a casino?
The best thing to do after launching your beta is to make sponsored ads and spread it on different places like reddit, facebook and many more including this forum.

[EdenHazard]

And btw: casinos/games whith a house edge of 1% do make way more money then 1% of the total bets. Don't let them fool you.
The profit a casino make is nearly the total drop (all the deposits).  

EDIT: my quesion is:
if the moment is there and we launch our beta, where to find the first players & where to pitch investors?
Here on this forum? Or...? Where is the best place for sponsered posts /ads?

Nobody has to answer ofc, but here is so much knowledge presented... It would be a shame of me not to ask you opinions guys.


Ty

I don't get what you mean about 1% of the total bets isn't that the same as the 1% house edge from a casino?
The best thing to do after launching your beta is to make sponsored ads and spread it on different places like reddit, facebook and many more including this forum.

yes i agree , rather than have to propose for something that impossible to happened like funding 500 bitcoin since beginning better to launch your site with the concept you have even with limited budget then show it all to public to show how promising the business.

i will say that to make a proposal like this are so hard to filled not even with ads.

[SteffSon]

Guys,

Thanks again for your insights/advice.
We are working on our site an will raise initial funds to promote it.

Kind regards


(oh btw: I will give all details about myself, the team, the projects, the financials, the direction (roadmap) we are heading to and furthermore very soon.
Still working on other projects -non-bitcoin-related-... So Excuse me if I'm not very very active in replying here... just very busy now, limited timeframe... (and its 37 degrees where I am now )

[LuanX3]

Guys,

Thanks again for your insights/advice.
We are working on our site an will raise initial funds to promote it.

Kind regards


(oh btw: I will give all details about myself, the team, the projects, the financials, the direction (roadmap) we are heading to and furthermore very soon.
Still working on other projects -non-bitcoin-related-... So Excuse me if I'm not very very active in replying here... just very busy now, limited timeframe... (and its 37 degrees where I am now )

Great to see that you have initiative to create the project. I would advice to really really post a good announcement (ANN) thread that would explain everything to the community so that you get investors. Usually it's hard to find an angel investor that will fund the whole thing, but you can likely find many investors that would support the whole project.

[SteffSon]

Hello,

We are about to launch our site/game and will give and update here very soon.
In order to organise our future growing:
Do you know good advertising channels (sites, blogs,...) where they accept gamble-related advertisers?

We will start small, but it's good to know where to advertise when things proof to be working.

Ty

[tsaroz]

Hello,

We are about to launch our site/game and will give and update here very soon.
In order to organise our future growing:
Do you know good advertising channels (sites, blogs,...) where they accept gamble-related advertisers?

We will start small, but it's good to know where to advertise when things proof to be working.

Ty

This forum is itself a good advertising sites. An appealing announcement thread, bounties and signup/first deposit bonuses. Signature campaign and affiliate commission would certainly increase the user base.
There are several bitcoin based advertising sites like mellowads, coinad, etc which will take your advertisement to bitcoin community.

[Freaks]

Hello,

We are about to launch our site/game and will give and update here very soon.
In order to organise our future growing:
Do you know good advertising channels (sites, blogs,...) where they accept gamble-related advertisers?

We will start small, but it's good to know where to advertise when things proof to be working.

Ty

This forum is itself a good advertising sites. An appealing announcement thread, bounties and signup/first deposit bonuses. Signature campaign and affiliate commission would certainly increase the user base.
There are several bitcoin based advertising sites like mellowads, coinad, etc which will take your advertisement to bitcoin community.

I also think this forum is good place to advertise the crypto projects almost all people who are interested in crypto-currencies familiar with this place. Unique project is the only thing which can raise the interest of people to give try to this gambling otherwise OP knows better copycat projects has no future.

[equator]

Hello,

We are about to launch our site/game and will give and update here very soon.
In order to organise our future growing:
Do you know good advertising channels (sites, blogs,...) where they accept gamble-related advertisers?

We will start small, but it's good to know where to advertise when things proof to be working.

Ty

You itself in the first comment have given details that this forum have given you lot of information about all coins and due to it you have bought in altcoin like, ETC, ETH AND ICN in low and now you are in good profit.

Then what better place you will get apart from this forum for advertising your gambling site, In this forum you can advertise your gambling site through, promotional bounty, signature campaign, social media bounty. Like this their are so many ways to advertise in this forum. You can contact Yahoo62278 and Lutpin who are good Campaign manager and they can help you in advertising in this forum.

[izanagi narukami]

Something new,fresh ,and promosing project will interest new investor. Ofcourse bitcoin gambling world getting hot since they are compete each other for being number one.
Some of them are easy to attempt but some others need some time to make their site get whale investor's interest

[NorrisK]

Create an altcoin and do an ICO on the altcoin boards.

People are going crazy there to invest in anything if they can get a piece of the pie.

[milewilda]

I am developing a unique appealing game to, and I want to find out where and how to find/attract investors.
Like I said before the target is 500 BTC. They will be used for bankroll, advertising and getting a license.
Ofcourse we will launch a beta first... But since there is so much info out there I decided to (finally) make a profile here and make a post.

U must convince investors that u wont run away after raising 500 BTC <= This is the toughest part.

Toughest part indeed. 500 btc amounts isnt a joke and converting it on the current price its almost a million dollars. Seems like a very tough thing to accumulate such number of money even some investors would jump in into your project but it wont reach the threshold for sure. Its just too high for a new site and make it sure that investors would really see the income potential of your site.If not then this plan would really remain as a dream.

[Reid]

Hello,

We are about to launch our site/game and will give and update here very soon.
In order to organise our future growing:
Do you know good advertising channels (sites, blogs,...) where they accept gamble-related advertisers?

We will start small, but it's good to know where to advertise when things proof to be working.

Ty

Hello there.
You are already here in this forum so why not start here with your advertising campaign.
You could hire some people to spread the news about your gambling site through social medias.
Twitter and Facebook campaign are a good way to start it.
This could be cheaper than what will you spend paying a spot in one blog.
Plus, it will be a an everyday movement unlike with a blog where it is just input there where only people following the blog will see it.
Try it. Then you could see if it is worth it or not. Then you could stop.