☘☘☘☘[ANN] [PRE-ICO LIVE] | VIABET | WORLD'S FIRST CLOUD BETTING PLATFORM |☘☘☘☘

[ArminH]

Will the company buy its tokens off the market?

We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges.

I have a small confusion here,why would you purchase the tokens at a much higher price than in the exchanges,every business looks for profit and why would you plan to do when you could acquire from the market and keep the buy back process moving forward with a lesser cost that would hurt a portion of your profits.

Hi,

I've touched on this above and I quote;

Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.

The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.

If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.

Again, we're only matching and locking in the ICO pricing + % of overall quarterly profits. It's not going to be much higher when you consider that fact that most holders will want to hold and NOT sell their tokens, as per our system. The buy-backs are NOT going to occur indefinitely as the price of our overall profits, token price and market cap grows. As mentioned this is more of a safety-net for early investors more than anything else.

If the project is not doing so well, you'll be able to make back most of your original investment which in turn motivates us, as developers, to perform at the highest level and achieve high market valuation and growth. If the project is going well it will make more sense to sell your tokens at a regular exchange, which is what we're ultimately aiming for.

Don't you miss the day traders when striving for HODLers only?

Not at all. I used to day trade in the future's markets and let me tell you, day traders and "HODlers" are essentially the same in the sense that they both want to see the price to increase. Regardless, the more long-term investors or "HODlers" you have the fewer people you have that are willing to sell. Which creates what? Short supply. What happens when you have shorter supply? You get higher demand. Day traders will be able to take advantage of that and trade accordingly.

As a day trader I must disagree on this point, it's not essentially the same. In fact I don't care about the rate increasing or decreasing. All I need is a certain volatility and reliable sources/data to predict future rates (no matter higher or lower).
You said that viabet will have a low volatility and basically only increasing rates, which will definitely make your coin less interesting for day traders.

[densuj]

Will the company buy its tokens off the market?

We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges.

I have a small confusion here,why would you purchase the tokens at a much higher price than in the exchanges,every business looks for profit and why would you plan to do when you could acquire from the market and keep the buy back process moving forward with a lesser cost that would hurt a portion of your profits.

Hi,

I've touched on this above and I quote;

Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.

The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.

If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.

Again, we're only matching and locking in the ICO pricing + % of overall quarterly profits. It's not going to be much higher when you consider that fact that most holders will want to hold and NOT sell their tokens, as per our system. The buy-backs are NOT going to occur indefinitely as the price of our overall profits, token price and market cap grows. As mentioned this is more of a safety-net for early investors more than anything else.

If the project is not doing so well, you'll be able to make back most of your original investment which in turn motivates us, as developers, to perform at the highest level and achieve high market valuation and growth. If the project is going well it will make more sense to sell your tokens at a regular exchange, which is what we're ultimately aiming for.

Don't you miss the day traders when striving for HODLers only?

Not at all. I used to day trade in the future's markets and let me tell you, day traders and "HODlers" are essentially the same in the sense that they both want to see the price to increase. Regardless, the more long-term investors or "HODlers" you have the fewer people you have that are willing to sell. Which creates what? Short supply. What happens when you have shorter supply? You get higher demand. Day traders will be able to take advantage of that and trade accordingly.

As a day trader I must disagree on this point, it's not essentially the same. In fact I don't care about the rate increasing or decreasing. All I need is a certain volatility and reliable sources/data to predict future rates (no matter higher or lower).
You said that viabet will have a low volatility and basically only increasing rates, which will definitely make your coin less interesting for day traders.

With all due respect to day traders, we're not trying to create a "flippable" coin. We're building a platform. At the end of the day we hope to create long-term value but as with Bitcoin and other cryptocurrencies it will attract all parties, holders, traders etc. I don't think there's such a thing as a "stable" cryptocurrency. We expect high volatility during the early days but that should decrease as our market cap grows. I guess you're right in the sense that end result will be a cryptocurrency that is more conducive to "HODLing" as opposed to day trading.

[veranika55]

Will the company buy its tokens off the market?

We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges.

I have a small confusion here,why would you purchase the tokens at a much higher price than in the exchanges,every business looks for profit and why would you plan to do when you could acquire from the market and keep the buy back process moving forward with a lesser cost that would hurt a portion of your profits.

Hi,

I've touched on this above and I quote;

Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.

The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.

If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.

Again, we're only matching and locking in the ICO pricing + % of overall quarterly profits. It's not going to be much higher when you consider that fact that most holders will want to hold and NOT sell their tokens, as per our system. The buy-backs are NOT going to occur indefinitely as the price of our overall profits, token price and market cap grows. As mentioned this is more of a safety-net for early investors more than anything else.

If the project is not doing so well, you'll be able to make back most of your original investment which in turn motivates us, as developers, to perform at the highest level and achieve high market valuation and growth. If the project is going well it will make more sense to sell your tokens at a regular exchange, which is what we're ultimately aiming for.

Don't you miss the day traders when striving for HODLers only?

Not at all. I used to day trade in the future's markets and let me tell you, day traders and "HODlers" are essentially the same in the sense that they both want to see the price to increase. Regardless, the more long-term investors or "HODlers" you have the fewer people you have that are willing to sell. Which creates what? Short supply. What happens when you have shorter supply? You get higher demand. Day traders will be able to take advantage of that and trade accordingly.

As a day trader I must disagree on this point, it's not essentially the same. In fact I don't care about the rate increasing or decreasing. All I need is a certain volatility and reliable sources/data to predict future rates (no matter higher or lower).
You said that viabet will have a low volatility and basically only increasing rates, which will definitely make your coin less interesting for day traders.

With all due respect to day traders, we're not trying to create a "flippable" coin. We're building a platform. At the end of the day we hope to create long-term value but as with Bitcoin and other cryptocurrencies it will attract all parties, holders, traders etc. I don't think there's such a thing as a "stable" cryptocurrency. We expect high volatility during the early days but that should decrease as our market cap grows. I guess you're right in the sense that end result will be a cryptocurrency that is more conducive to "HODLing" as opposed to day trading.

People will hold the tokens only if they will be sure that they will grow. Big valatility is good only fo dayly traders, but for holders it is nesessary stability.

[ArminH]

Will the company buy its tokens off the market?

We're offering to buy back up to 10% of a holders tokens each fiscal quarter at a price that cannot be lower than the initial ICO price + added platform/casino profits. So it's not exactly a dividend but as our profits grow, we'll be able to offer much higher token buyback prices than the exchanges.

I have a small confusion here,why would you purchase the tokens at a much higher price than in the exchanges,every business looks for profit and why would you plan to do when you could acquire from the market and keep the buy back process moving forward with a lesser cost that would hurt a portion of your profits.

Hi,

I've touched on this above and I quote;

Not at all. This is more of a "safety net" that we provide and a commitment to our investors. It's going to come out from our end. Let me explain.

The idea is that the token price stays at OR above the original ICO price (which is locked in as the buy-back price) and then we'll add a % from our total profits for the fiscal quarter. So it's kind of like a dividend but not really.

If the token price sky-rockets on exchanges it will obviously make a lot more sense to sell it there but in the case that the price drops lower (which we don't believe it will that's why we're confident in offering this) we'll buy back 10% of your tokens each quarter. So, in any case, you can sell your tokens at the same or higher price than you originally bought them for if you just hold on to them for the long term. The early investor bonuses (40%, 20% etc...) are basically instant profits when you think about it as you'll come out ahead regardless.

Again, we're only matching and locking in the ICO pricing + % of overall quarterly profits. It's not going to be much higher when you consider that fact that most holders will want to hold and NOT sell their tokens, as per our system. The buy-backs are NOT going to occur indefinitely as the price of our overall profits, token price and market cap grows. As mentioned this is more of a safety-net for early investors more than anything else.

If the project is not doing so well, you'll be able to make back most of your original investment which in turn motivates us, as developers, to perform at the highest level and achieve high market valuation and growth. If the project is going well it will make more sense to sell your tokens at a regular exchange, which is what we're ultimately aiming for.

Don't you miss the day traders when striving for HODLers only?

Not at all. I used to day trade in the future's markets and let me tell you, day traders and "HODlers" are essentially the same in the sense that they both want to see the price to increase. Regardless, the more long-term investors or "HODlers" you have the fewer people you have that are willing to sell. Which creates what? Short supply. What happens when you have shorter supply? You get higher demand. Day traders will be able to take advantage of that and trade accordingly.

As a day trader I must disagree on this point, it's not essentially the same. In fact I don't care about the rate increasing or decreasing. All I need is a certain volatility and reliable sources/data to predict future rates (no matter higher or lower).
You said that viabet will have a low volatility and basically only increasing rates, which will definitely make your coin less interesting for day traders.

With all due respect to day traders, we're not trying to create a "flippable" coin. We're building a platform. At the end of the day we hope to create long-term value but as with Bitcoin and other cryptocurrencies it will attract all parties, holders, traders etc. I don't think there's such a thing as a "stable" cryptocurrency. We expect high volatility during the early days but that should decrease as our market cap grows. I guess you're right in the sense that end result will be a cryptocurrency that is more conducive to "HODLing" as opposed to day trading.

Thanks for your honest reply!

[candiela]

How many games can you run on your platform to one person?

There's no limit. You can start with one game and work your way up to owning an entire casino environment. You're only limited by the amount of Edge/XVIA tokens you'll be able to acquire.

More games more people play games and more often they use tokens. It is good for price of the tokens. But the quality of the games on the platform must be high. Do you have any requirements to the quality of the games presented on the platform?

The quality of games is really worth checking, because with low quality they will not be in demand, and creators with platform owners with their help will not earn anything.

I think it's just a matter of competition.

[avtaev.savva]

Everything is quite clearly explained. I like this idea more and more, especially due the fact that the casino and the bets are profitable by themselves, and therefore the profit will be high.

Yes, I also think that this is a very good chance for an investor to multiply  money

[sahabond]

What time period will you consider an application for adding a new game to your platform?

Can you add your own gambling games to the platform? Or will there be a list of games that you can open?

[persefona]

What time period will you consider an application for adding a new game to your platform?

Can you add your own gambling games to the platform? Or will there be a list of games that you can open?

You must have meant. "How long will the moderation of the added games take?"

[snos-boss]

How many developers are working on your team at this time? Is it a big collective or not?

[candiela]

Your idea is a great option for using blockchain technologies in the gaming industry. I think that's a good option for investors.

[Aleksandra 81]

What time period will you consider an application for adding a new game to your platform?

Can you add your own gambling games to the platform? Or will there be a list of games that you can open?

You must have meant. "How long will the moderation of the added games take?"

For me, "moderation" and "application" are different things. The user can apply for review of his game. If the intent of the future game to the creators of the platform does not fit, then what is the point of adding this gambling entertainment to your platform for detailed study?

[ArminH]

Is 1 ETH the minimum investment amount?
How will ICO work? Can't find where to transfer the ETH

[obulynin]

What time period will you consider an application for adding a new game to your platform?

Can you add your own gambling games to the platform? Or will there be a list of games that you can open?

You must have meant. "How long will the moderation of the added games take?"

For me, "moderation" and "application" are different things. The user can apply for review of his game. If the intent of the future game to the creators of the platform does not fit, then what is the point of adding this gambling entertainment to your platform for detailed study?

Then comes the price for opening the game will depend on the conditions you put in?

[culvert.1986]

What turnover of funds does the company plan to achieve by the end of 2018?

[choice84]

Currently, are there restrictions on the number of open games by a single person?

[ArminH]

ETH rate increased during the last days.
Still you only get 1,000 Tokens for 1 ETH.
Will you adjust this before ICO

[oficman]

Currently, are there restrictions on the number of open games by a single person?

This question has already been answered in the topic. The only restriction for the user is the presence of two types of platform tokens.

[yaroslava.pryanchikova]

Currently, are there restrictions on the number of open games by a single person?

This question has already been answered in the topic. The only restriction for the user is the presence of two types of platform tokens.

That's great. No restrictions. Platform ecosystem will regulate player and casino relationships

[densuj]

ETH rate increased during the last days.
Still you only get 1,000 Tokens for 1 ETH.
Will you adjust this before ICO

Hi,

The price per token is consistent with the original price on our website - $0.34. That's give or take.

If you join the presale you'll receive a 40% bonus which will amount to 1400 XVIA so around $0.23

The pre-sale is set to start in 4 hours.

[napkin1989]

A great product that has no analogue in the gaming industry. I think investors will appreciate the unique idea of the platform.