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Author Topic: [ANN] ⚽️ FansUnite ⚾️ Sports Betting on the Blockchain  (Read 6676 times)
GoBelle
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November 09, 2017, 08:43:37 PM
 #341

I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

Interesting, do you specialize in blockchain or betting?
duncan-fansunite
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November 09, 2017, 10:26:42 PM
 #342

Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.
duncan-fansunite
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November 09, 2017, 10:28:07 PM
 #343

I remember another token Hero, they have already a mature project for betting

Hero only offers eSports. We offer everything from eSports to darts, to cricket, to tennis, to NFL, to English Premier League.
duncan-fansunite
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November 09, 2017, 10:29:08 PM
 #344

I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

Interesting, do you specialize in blockchain or betting?

I specialize in the intersection of corporate commercial with blockchain and digital asset law.
Dipsomaniac
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November 10, 2017, 04:31:24 PM
 #345

I remember another token Hero, they have already a mature project for betting

Fansunite might not have a mature betting platform, but they at least have a good demo of it.
earthcoin
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November 10, 2017, 04:50:31 PM
 #346

Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

A (real) Grass Roots Revolution :: http://www.GetEarthCoin.com >> Get Involved!
deeltje
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November 10, 2017, 07:30:45 PM
 #347

So what happens to unsold tokens?
duncan-fansunite
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November 10, 2017, 07:39:26 PM
 #348

So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan
GoBelle
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November 10, 2017, 07:44:25 PM
 #349

I've heard there's a lot of benefit to registering gambling sites in Curaçao, will you guys be going through them?

No, our plan is to be based out of Gibraltar. We've been working with our legal team out there, ISOLAS LLP, and will be engaging the gaming authorities there to obtain the appropriate license. Gibraltar have stringent gaming requirements, so our hope is that when the US legalizes sports betting, we will be well positioned to obtain a license there.

That's a very telling approach. Everyone else wants to take short cuts and take the easy path, you guys are planning far ahead and aren't afraid to work harder right now to ensure success in the future.

Thanks for the kind words. Even as a lawyer myself, I can attest that the proper legal path does take a surprising amount of time and effort.

Interesting, do you specialize in blockchain or betting?

I specialize in the intersection of corporate commercial with blockchain and digital asset law.

You sound like a useful guy to have around in a venture like this then!  Cheesy
okspam
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November 10, 2017, 07:52:24 PM
 #350

So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan

Very solid plan it sounds like.
Dipsomaniac
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November 11, 2017, 05:36:07 PM
 #351

Are you guys seeing good results from your bounty campaign?
earthcoin
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November 11, 2017, 06:08:06 PM
 #352

Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers

A (real) Grass Roots Revolution :: http://www.GetEarthCoin.com >> Get Involved!
deeltje
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November 11, 2017, 06:21:45 PM
 #353

So what happens to unsold tokens?

They will be placed in the Platform Supply Pool to pay out winning wagers. If there are an excess of tokens in the Platform Supply Pool, they will be sold to bring in new members (at a significant premium to market prices so as to not suppress the token price). Other excess tokens in the Platform Supply Pool will be distributed to existing members through the Community Incentive Plan

Very solid plan it sounds like.

Yeah good uses of the tokens.
GoBelle
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November 11, 2017, 06:34:38 PM
 #354

Are there any new features still in the ideas stage that might not even make it in?
okspam
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November 11, 2017, 06:40:32 PM
 #355

Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers

That is impressive, and that was years ago. I bet it's even more watched nowadays.
Dipsomaniac
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November 12, 2017, 04:58:10 PM
 #356

Are you guys seeing good results from your bounty campaign?

I hope you are.
earthcoin
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November 12, 2017, 05:06:47 PM
 #357

Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers

That is impressive, and that was years ago. I bet it's even more watched nowadays.

Yeah you're right, 2014 had 23M viewers. 2016 was up to 43M!

A (real) Grass Roots Revolution :: http://www.GetEarthCoin.com >> Get Involved!
deeltje
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November 12, 2017, 05:34:28 PM
 #358

What would you guys say your biggest obstacle to date has been?
GoBelle
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November 12, 2017, 05:51:50 PM
 #359

Are there any new features still in the ideas stage that might not even make it in?

Anything come to mind?
okspam
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November 12, 2017, 06:53:43 PM
 #360

Any chance of you guys expanding to eSports betting?

We will for sure offer eSports betting. It's one of our core offerings. We already offer eSports on our existing platform, FansUnite.com and will definitely offer eSports betting on our real money sportsbook at FansUnite.io

That's great, there's lots of money to be made there.

Yeah, it's one of our fastest growing sports in terms of volume of bets, so we are very excited to watch the continued growth.

People often underestimate it. I remember one year an event being more watched than the World Series.

2014 League of Legends championships.
http://www.espn.com/espn/story/_/page/instantawesome-leagueoflegends-141201/league-legends-championships-watched-more-people-nba-finals-world-series-clinchers

That is impressive, and that was years ago. I bet it's even more watched nowadays.

Yeah you're right, 2014 had 23M viewers. 2016 was up to 43M!

Very impressive, especially considering how many other options there are in eSports nowadays.
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