duncan-fansunite
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October 19, 2017, 07:45:29 PM |
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The roadmap is great! Looking so good! Just a question about the Token Generation Event (I'm still waiting the ICO date )..There will be a pre-ICO with a discount for early investors? The Token Generation Event date will likely occur between November 5 and November 20. Just waiting for confirmation on the date. The pre-sale is ongoing. We have limited it to a few strategic partners. If you have interest, feel free to shoot me an email at duncan@fansunite.io.
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okspam
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Activity: 392
Merit: 10
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October 19, 2017, 07:46:43 PM |
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Very interesting partnership. You're going to be using machine learning to more accurately predict betting odds? Yes, we will be. We've tested it over a number of sports, and SaberCruncher has been doing it for years now. It is one reason that we can confidently offer our industry low 1% margin. There will be more articles expounding on this coming out in the next week so that you guys can see why we are confident in our abilities to produce. You need all the advantages you can get with such a low margin. What if it turns out to be unprofitable? Would you consider bumping to 1.5%? Pretty sure that still puts you below everyone else. I don't think we would, but I can't speak for everyone on the team, nor can I speak for the community, but personally I would not move from the 1% margin. It's not our intention to be a super profitable company, however. Our value will derive from the appreciation in purchasing power of the token, not from being outrageously profitable. Our goal is to cover our operating costs, perhaps a bit more, and for there to me massive demand for our token. This would reward our community, early adopters, and ourselves. That is our end game. All of that being said, I am very confident we will be able to operate with these low margins. Not only have I seen under the hood of SaberCruncher and their ability to accurately create industry leading sharp lines, but we are also in talks with another group that would only complement our existing capabilities. For a company such as ours to make claims of welcoming winners, not limiting individuals, and welcoming arbitrage betting, we need to be extremely certain in our ability to deliver. Good answer. Have you had face to face meetings with SaberCruncher, or is it handled remotely? The Founder is sitting across from me right now. Him and his team will work out of our office most days. So, all of our meetings thus far have been face to face. That's great. Glad you were able to find someone so locally.
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duncan-fansunite
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October 19, 2017, 07:47:49 PM |
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I'm curious what the biggest reasons were for you to decide to use tokens on this platform?
By creating our own digital currency and eliminating much of the spending bloat of traditional sportsbooks, such as payment processors and brick and mortar overhead, we are able to offer bettors more equitable odds. There's a reason sportsbooks are synonymous with printing money, and its certainly not because they offer fair pricing to bettors. Our primary goal is to improve conditions for sports bettors and create a platform we ourselves would be excited to use. We also believe that individuals will have stronger purchasing power through use of the FansUnite token. Our incentives are also aligned with that of our token holders. It is in our best interest, from our individual perspective and that of the platform, for our token's purchasing power to increase. The main reasons why we feel a need to create our own token are to ensure the incentives of our development team, ourselves, and our partners are aligned with our token holders. We can't really significantly affect the price of Ether, for example, but we can increase the purchasing power of our tokens by driving demand for it. The use of our own token will also, hopefully, help foster a sense of community and pride amongst token holders. If you are a token holder, and have an interest in the value of such token, hopefully you will help that token appreciate in value, as you are incentivized to do so with an increase in your purchasing power. Further, as you've pointed out, we do need our token to store capital and help fund this project. The other major reason we are able to offer such low margins is that we do not have to get annual revenue of 2 billion a year as some of the existing sportsbooks do (William Hill, Bet365, etc.). We just want to cover operating costs. Our real value will come from demand for the token and the resultant appreciation of purchasing power. So, we do not need to charge 5% margins to try and create as much profit as possible. Great answer, it seems like you guys are doing everything in your power to cut margins razor thin.
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2l84aa
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Activity: 185
Merit: 10
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October 20, 2017, 06:53:35 PM |
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I'm curious what the biggest reasons were for you to decide to use tokens on this platform?
By creating our own digital currency and eliminating much of the spending bloat of traditional sportsbooks, such as payment processors and brick and mortar overhead, we are able to offer bettors more equitable odds. There's a reason sportsbooks are synonymous with printing money, and its certainly not because they offer fair pricing to bettors. Our primary goal is to improve conditions for sports bettors and create a platform we ourselves would be excited to use. We also believe that individuals will have stronger purchasing power through use of the FansUnite token. Our incentives are also aligned with that of our token holders. It is in our best interest, from our individual perspective and that of the platform, for our token's purchasing power to increase. The main reasons why we feel a need to create our own token are to ensure the incentives of our development team, ourselves, and our partners are aligned with our token holders. We can't really significantly affect the price of Ether, for example, but we can increase the purchasing power of our tokens by driving demand for it. The use of our own token will also, hopefully, help foster a sense of community and pride amongst token holders. If you are a token holder, and have an interest in the value of such token, hopefully you will help that token appreciate in value, as you are incentivized to do so with an increase in your purchasing power. Further, as you've pointed out, we do need our token to store capital and help fund this project. The other major reason we are able to offer such low margins is that we do not have to get annual revenue of 2 billion a year as some of the existing sportsbooks do (William Hill, Bet365, etc.). We just want to cover operating costs. Our real value will come from demand for the token and the resultant appreciation of purchasing power. So, we do not need to charge 5% margins to try and create as much profit as possible. Great answer, it seems like you guys are doing everything in your power to cut margins razor thin. That's an interesting point. Just doing the tokens allows for lower margins.
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JonnyFU
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October 20, 2017, 07:01:19 PM |
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Hi guys, Here's a really clear blog posting by us that explains our core value to bettors. Hope you like it. https://medium.com/fansunite/fansunite-a-love-letter-to-bettors-eccaec73ce6cAlso, we've altered our Bounty Campaign... offering double stakes to all signatures before October 25th 09:00:00 UTC so get those sigs up! Below is the new Bounty Distribution, please note BitcoinTalk signature campaign now has an additional 10% allocated! 25% Twitter 30% Bitcointalk Signature 15% Bounty Translation 20% Reddit 10% Whitepaper Translation
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okspam
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Activity: 392
Merit: 10
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October 20, 2017, 07:34:01 PM |
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Hi guys, Here's a really clear blog posting by us that explains our core value to bettors. Hope you like it. https://medium.com/fansunite/fansunite-a-love-letter-to-bettors-eccaec73ce6cAlso, we've altered our Bounty Campaign... offering double stakes to all signatures before October 25th 09:00:00 UTC so get those sigs up! Below is the new Bounty Distribution, please note BitcoinTalk signature campaign now has an additional 10% allocated! 25% Twitter 30% Bitcointalk Signature 15% Bounty Translation 20% Reddit 10% Whitepaper Translation I need to get in on the signature campaign. You have a thread for it on BCT?
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deeltje
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October 20, 2017, 07:49:19 PM |
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Wow, had no idea you guys had been around since 2014. Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus. You mean there's already a site for betting, but doesn't use actual currency?
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duncan-fansunite
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October 20, 2017, 08:01:05 PM |
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Wow, had no idea you guys had been around since 2014. Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus. You mean there's already a site for betting, but doesn't use actual currency? Yep, the free-to-play existing version is available here - https://fansunite.com/
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Dipsomaniac
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October 20, 2017, 08:12:53 PM |
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Name a more iconic duo than FansUnite and Sabercruncher, I'll wait...
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BLACKCOIN883
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October 21, 2017, 10:16:09 PM |
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Hi guys, Here's a really clear blog posting by us that explains our core value to bettors. Hope you like it. https://medium.com/fansunite/fansunite-a-love-letter-to-bettors-eccaec73ce6cAlso, we've altered our Bounty Campaign... offering double stakes to all signatures before October 25th 09:00:00 UTC so get those sigs up! Below is the new Bounty Distribution, please note BitcoinTalk signature campaign now has an additional 10% allocated! 25% Twitter 30% Bitcointalk Signature 15% Bounty Translation 20% Reddit 10% Whitepaper Translation Nice article. Really catches your attention.
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2l84aa
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Activity: 185
Merit: 10
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October 21, 2017, 10:21:35 PM |
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Wow, had no idea you guys had been around since 2014. Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus. You mean there's already a site for betting, but doesn't use actual currency? Yep, the free-to-play existing version is available here - https://fansunite.com/That's awesome. So how different will the final version be from this one?
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okspam
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Activity: 392
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October 21, 2017, 10:56:46 PM |
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Do you guys plan to bring on any more advisors?
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duncan-fansunite
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Activity: 84
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October 21, 2017, 10:59:54 PM |
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Wow, had no idea you guys had been around since 2014. Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus. You mean there's already a site for betting, but doesn't use actual currency? Yep, the free-to-play existing version is available here - https://fansunite.com/That's awesome. So how different will the final version be from this one? The final version of FansUnite.io will definitely be upgraded from a technological perspective and from a design perspective. We will certainly ask for our community's input as well while continuing development.
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duncan-fansunite
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Activity: 84
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October 21, 2017, 11:01:06 PM |
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Do you guys plan to bring on any more advisors?
Possibly. We are always in talks with people, but they have to be a strategic fit and a complement to our team. In our opinion, there's no point in adding numerous advisors just to make it look like you have a big team. Everyone needs to serve a purpose.
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Dipsomaniac
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October 21, 2017, 11:07:41 PM |
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Do you guys plan to bring on any more advisors?
Possibly. We are always in talks with people, but they have to be a strategic fit and a complement to our team. In our opinion, there's no point in adding numerous advisors just to make it look like you have a big team. Everyone needs to serve a purpose. If you could have anyone in the world become an advisor who would it be and what would they bring to the table for your company?
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deeltje
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October 21, 2017, 11:18:37 PM |
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Wow, had no idea you guys had been around since 2014. Yeah. That version of FansUnite will still stick around as it is free-to-play. We will use it as a platform to help drive demand for FansUnite.io, the real money betting platform. Obviously, that will help token holders see an appreciation in their purchasing power. We are going to create a whole FansUnite ecosystem, with the sportsbook being the focus. You mean there's already a site for betting, but doesn't use actual currency? Yep, the free-to-play existing version is available here - https://fansunite.com/Oh wow, I had no idea.
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BlitzandBitz
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October 21, 2017, 11:29:19 PM |
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I'm curious what the biggest reasons were for you to decide to use tokens on this platform?
By creating our own digital currency and eliminating much of the spending bloat of traditional sportsbooks, such as payment processors and brick and mortar overhead, we are able to offer bettors more equitable odds. There's a reason sportsbooks are synonymous with printing money, and its certainly not because they offer fair pricing to bettors. Our primary goal is to improve conditions for sports bettors and create a platform we ourselves would be excited to use. We also believe that individuals will have stronger purchasing power through use of the FansUnite token. Our incentives are also aligned with that of our token holders. It is in our best interest, from our individual perspective and that of the platform, for our token's purchasing power to increase. The main reasons why we feel a need to create our own token are to ensure the incentives of our development team, ourselves, and our partners are aligned with our token holders. We can't really significantly affect the price of Ether, for example, but we can increase the purchasing power of our tokens by driving demand for it. The use of our own token will also, hopefully, help foster a sense of community and pride amongst token holders. If you are a token holder, and have an interest in the value of such token, hopefully you will help that token appreciate in value, as you are incentivized to do so with an increase in your purchasing power. Further, as you've pointed out, we do need our token to store capital and help fund this project. The other major reason we are able to offer such low margins is that we do not have to get annual revenue of 2 billion a year as some of the existing sportsbooks do (William Hill, Bet365, etc.). We just want to cover operating costs. Our real value will come from demand for the token and the resultant appreciation of purchasing power. So, we do not need to charge 5% margins to try and create as much profit as possible. Great answer, it seems like you guys are doing everything in your power to cut margins razor thin. The token value going up is an awesome way to accumulate value without taking it directly out of customers pockets.
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BLACKCOIN883
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October 22, 2017, 02:58:09 PM |
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I've heard some ICOs are having problems with being labeled as securities, opening them up to much more scrutiny and regulation. Is your legal team taking the proper steps to differentiate FansUnite from that?
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2l84aa
Member
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Activity: 185
Merit: 10
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October 22, 2017, 03:07:11 PM |
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What's the ICO price of this token?
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Dipsomaniac
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October 22, 2017, 03:56:36 PM |
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Do you guys plan to bring on any more advisors?
Possibly. We are always in talks with people, but they have to be a strategic fit and a complement to our team. In our opinion, there's no point in adding numerous advisors just to make it look like you have a big team. Everyone needs to serve a purpose. If you could have anyone in the world become an advisor who would it be and what would they bring to the table for your company? Just curious about this.
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