Dipsomaniac
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November 05, 2017, 04:41:14 PM |
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Is Email the best way to get ahold of you to talk specifics?
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earthcoin
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November 05, 2017, 05:37:58 PM |
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Is there a particular country the majority of the team is from or is it more globally based?
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deeltje
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November 05, 2017, 05:59:12 PM |
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The platform wallet will allow bettors to bet on our web-based platform (and mobile from your browser) as soon as we launch our beta. Our timeline for the mobile app, which will include the wallet, is conservatively set for 2019 - though we internally hope to best this timeline depending on hiring etc.
The platform wallet will allow bettors to bet without worrying about paying transaction costs associated with placing a bet.
Okay I want to understand this fully. The transaction costs of placing a bet is different than the .5% fee I've heard about? Our fee is actually 2%, this is baked into the odds we offer so you'll be paying $100 to win $98... if there's a matching $100 bet on the other side that loses then they just surrender that $100..... so off of a total of $200 laid down, FansUnite earns $2 which is a 1% margin / vig. The transaction costs we refer to above are actually Ethereum gas costs, which you would be subject to paying if you elected NOT to use our platform wallet and just sent FAN to our bet smart contracts via metamask or myetherwallet. So those are the only fees? No loading fees, etc.? No other fees from our end. Our aim is to give bettors the best chance at profitability, and in pursuit of that, we are cutting costs everywhere we can. There will definitely be no hidden costs either. That's like 33% cheaper fees than I've ever seen. Yeah I can't find anything cheaper after googling for it. I'm not sure if it's even possible to have cheaper fees and still have enough to pay for the project.
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okspam
Member
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Activity: 392
Merit: 10
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November 05, 2017, 06:04:17 PM |
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The platform wallet will allow bettors to bet on our web-based platform (and mobile from your browser) as soon as we launch our beta. Our timeline for the mobile app, which will include the wallet, is conservatively set for 2019 - though we internally hope to best this timeline depending on hiring etc.
The platform wallet will allow bettors to bet without worrying about paying transaction costs associated with placing a bet.
Okay I want to understand this fully. The transaction costs of placing a bet is different than the .5% fee I've heard about? Our fee is actually 2%, this is baked into the odds we offer so you'll be paying $100 to win $98... if there's a matching $100 bet on the other side that loses then they just surrender that $100..... so off of a total of $200 laid down, FansUnite earns $2 which is a 1% margin / vig. The transaction costs we refer to above are actually Ethereum gas costs, which you would be subject to paying if you elected NOT to use our platform wallet and just sent FAN to our bet smart contracts via metamask or myetherwallet. So those are the only fees? No loading fees, etc.? No other fees from our end. Our aim is to give bettors the best chance at profitability, and in pursuit of that, we are cutting costs everywhere we can. There will definitely be no hidden costs either. That's like 33% cheaper fees than I've ever seen. Yeah I can't find anything cheaper after googling for it. I'm not sure if it's even possible to have cheaper fees and still have enough to pay for the project. Which is why having an ICO can be useful. They have a financial cushion, and as the token value goes up that's more money that's not needed from fees.
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duncan-fansunite
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Activity: 84
Merit: 0
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November 06, 2017, 04:04:45 AM |
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Nice project but on this period no one would like to invest on a project which will be on air at 2019. Its pretry long time. At least a beta version should be ready on ico period and platform should be ready in 6 months if you guys really want some investment
Thank you for your comments. We have an existing platform with over 100,000 users viewable at https://fansunite.com/. We will have an Alpha version available for the real money sportsbook in April of 2018, and a Beta in June of 2018. This response alone should show any doubters that you're the real deal. Thanks for the kind words, okspam! How long hast he existing platform been up anyway? Since September 2014. More information is available here - https://fansunite.io/roadmap
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duncan-fansunite
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Activity: 84
Merit: 0
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November 06, 2017, 04:06:34 AM |
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So how is progress coming on the roadmap? Everything still looking achievable in the timetable set out?
Yes, definitely. We think the roadmap timelines are aggressive and achievable, however, even with these timelines, we are big believers in over delivering
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duncan-fansunite
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Activity: 84
Merit: 0
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November 06, 2017, 04:07:46 AM |
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Is there a particular country the majority of the team is from or is it more globally based?
Everyone lives in Canada (except some of the advisors), and works out of the same office every day. Great core team that are used to working together and will be in it for the long haul.
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earthcoin
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November 06, 2017, 05:22:25 PM |
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Is there a particular country the majority of the team is from or is it more globally based?
Everyone lives in Canada (except some of the advisors), and works out of the same office every day. Great core team that are used to working together and will be in it for the long haul. That's a breathe of fresh air. Almost everyone else seems to be Eastern European for some reason.
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deeltje
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November 06, 2017, 05:31:56 PM |
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Is there a particular country the majority of the team is from or is it more globally based?
Everyone lives in Canada (except some of the advisors), and works out of the same office every day. Great core team that are used to working together and will be in it for the long haul. That's a breathe of fresh air. Almost everyone else seems to be Eastern European for some reason. I think it's good they actually have an office too. Keeps people more motivated than just sitting at their house.
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2l84aa
Member
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Activity: 185
Merit: 10
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November 06, 2017, 06:02:26 PM |
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Where can I learn more about the FansUnite ICO? Are you on Medium?
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hughjays77
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November 07, 2017, 05:02:24 PM |
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Just finished the Italian ANN, you can find it hereI hope this project will have the attention it deserves. Any news about ICO date?
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EluosiWawa
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Activity: 96
Merit: 10
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November 07, 2017, 05:46:43 PM |
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Guys, what do you think about the ICO? how promissing the project is?
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Dipsomaniac
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November 07, 2017, 07:59:32 PM |
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Is there a particular country the majority of the team is from or is it more globally based?
Everyone lives in Canada (except some of the advisors), and works out of the same office every day. Great core team that are used to working together and will be in it for the long haul. That's awesome, are you guys Toronto based by chance?
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deeltje
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November 07, 2017, 08:28:49 PM |
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When will you be releasing bounty compensation?
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GoBelle
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November 07, 2017, 08:40:54 PM |
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I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?
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okspam
Member
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Activity: 392
Merit: 10
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November 07, 2017, 08:48:13 PM |
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Nice project but on this period no one would like to invest on a project which will be on air at 2019. Its pretry long time. At least a beta version should be ready on ico period and platform should be ready in 6 months if you guys really want some investment
Thank you for your comments. We have an existing platform with over 100,000 users viewable at https://fansunite.com/. We will have an Alpha version available for the real money sportsbook in April of 2018, and a Beta in June of 2018. This response alone should show any doubters that you're the real deal. Thanks for the kind words, okspam! How long hast he existing platform been up anyway? Since September 2014. More information is available here - https://fansunite.io/roadmapWhen you came out with the original platform, did you plan on making FansUnite the way it is planned today? Or was it planned originally as a more traditional betting site?
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