bob131313 (OP)
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August 27, 2013, 03:10:18 PM Last edit: September 06, 2013, 08:18:54 PM by bob131313 |
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I am building out an android casino using a credit system that supports cash-out to ZET due to the fast confirms. This system may support other alt-coins in the future such as LTC, but will launch with ZET fully enabled.
At launch it will include slots, video poker and roulette.
Launch will be done outside of the app stores at an .apk link to avoid Google micro-payments monopoly. Code will be vetted by a trusted member of the forum before launch.
If you are interested in investing in this private IPO, I am releasing 10,000,000 shares at 1 ZET per share. Each share will be entitled to Dividends of 1/10,000,000 of 70% of profit of the android casino for the life of the casino. 30% profit will be reinvested into marketing/employee salary. No other shares will be released for this app without the majority vote of all shareholders. Daily management decisions will be made by me with recommendations being accepted by shareholders.
IPO funds will be used to ensure the casino bankroll and pay for the initial year of operations including any legal issues that may arise.
App transactions will be conducted over a tor network built into the app to protect privacy. Timeline for this project is: 8 weeks development starting Sept 1, Launch set for Nov 1-15th.
Profit/Expense reports will be released monthly on this official thread once launched.
Protection clause: If for some unknown reason the android casino fails to launch in the allotted time-frame all shares will be refunded to the address that purchased the shares. Once launched all dividends will be paid to the address that submitted the shares, please use a real ZET wallet address to protect your funds.
IPO buys should be sent to the wallet: ZJmxzXRHXV88PadLTu2vR2mCpzRQrDtdiC
1 ZET = 1 share of 777C
23506/10,000,000 Sold
Thoughts?
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vlaoou321
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August 27, 2013, 03:17:40 PM |
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copyright
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bob131313 (OP)
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August 27, 2013, 03:19:05 PM |
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copyright
We can adjust the working name with no issues. 777 Casino is a common use name. Kinda like ABC Plumbing.
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bobboooiie
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August 27, 2013, 04:09:50 PM |
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copyright
We can adjust the working name with no issues. 777 Casino is a common use name. Kinda like ABC Plumbing. Or 101 scamming
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bob131313 (OP)
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August 27, 2013, 04:58:53 PM |
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copyright
We can adjust the working name with no issues. 777 Casino is a common use name. Kinda like ABC Plumbing. Or 101 scamming As always, I would suggest that investors have due diligence and invest with caution. Identity information can be provided to the forum mods if needed. The app is getting released regardless of IPO, so this is just an opportunity for investors to take part and profit by it. The IPO allows for a greater bankroll for the launch of the project. There is great demand for a real android casino.
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rav3n_pl
Legendary
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Merit: 1003
Don`t panic! Organize!
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August 27, 2013, 05:01:47 PM |
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Why it have to be outside Google Play? It is stated somewhere that all funds/ponits/whatever have to be buy via store? IMO you just need create new address for funding for new user and ur ready to go.
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bob131313 (OP)
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August 27, 2013, 06:13:04 PM |
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Why it have to be outside Google Play? It is stated somewhere that all funds/ponits/whatever have to be buy via store?
Google discourages using any other micro-payment system that is not their own. "Gambling: We don’t allow content or services that facilitate online gambling, including but not limited to, online casinos, sports betting and lotteries, or games of skill that offer prizes of cash or other value. " " In-app purchases: Developers offering virtual goods or currencies within a game downloaded from Google Play must use Google Play's in-app billing service as the method of payment. Developers offering additional content, services or functionality within another category of app downloaded from Google Play must use Google Play's in-app billing service as the method of payment, except: where payment is primarily for physical goods or services (e.g. buying movie tickets, or buying a publication where the price also includes a hard copy subscription); or where payment is for digital content or goods that may be consumed outside of the application itself (e.g. buying songs that can be played on other music players)." https://play.google.com/about/developer-content-policy.htmlhttp://developer.android.com/google/play/billing/billing_overview.htmlIMO you just need create new address for funding for new user and ur ready to go.
Don't quite follow you here.
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rav3n_pl
Legendary
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Activity: 1361
Merit: 1003
Don`t panic! Organize!
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August 27, 2013, 08:19:48 PM |
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Ok, now I understood. But not-store app will have limited range...
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bob131313 (OP)
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August 27, 2013, 08:38:01 PM |
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Ok, now I understood. But not-store app will have limited range...
Anyone can install an .apk on their phone/kindle by downloading the .apk, you have to have allow unknown sources checked in the settings. ie http://www.apkdrawer.com/There is a great market for direct installs.
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Stunna
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Primedice.com, Stake.com
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August 27, 2013, 08:40:16 PM |
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Have some honest advice for you, personally I think this IPO will fail to raise any funds.
There are probably 2 bitcoin casinos coming out every single day, what makes yours so special? If I was you I'd build the casino first, have a working product to show investors and then try to seek funds through IPO. Right now there is no reason for anyone to trust you and why would they invest in your casino when they could simply make their own.
This is probably coming off as a bit harsh, but quite frankly ideas are absolutely worthless. Build something and then sell it.
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bob131313 (OP)
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August 27, 2013, 08:47:56 PM Last edit: August 31, 2013, 05:21:34 PM by bob131313 |
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Have some honest advice for you, personally I think this IPO will fail to raise any funds.
There are probably 2 bitcoin casinos coming out every single day, what makes yours so special? If I was you I'd build the casino first, have a working product to show investors and then try to seek funds through IPO. Right now there is no reason for anyone to trust you and why would they invest in your casino when they could simply make their own.
This is probably coming off as a bit harsh, but quite frankly ideas are absolutely worthless. Build something and then sell it.
I agree 100%. As soon as the demo is ready I will present it on this thread. I have also considered adding in the investment feature directly into the client like just-dice. That seems to work well. This is just a place to get initial thoughts. As for 1 casino hitting the net every week. Vegas has plenty of casinos, no need to worry. As long as the features are there, games are updated and fun and it works..customers will play. Thank you for taking the time to share your ideas, I do not mind at all. One thing to consider, is that on this forum we are not getting much new blood to trust. We have 5-20 folks that regularly do IPO's etc with the random 1 or 2 showing up from an unknown. A new cadre must be allowed to spread wings. I am active in the alt community, have been into BTC long enough to understand it, and have over 18 years experience in the internet industry. I am doing this as a project I enjoy, this just gives me a chance to be part of a team effort rather then doing it all on my own.
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s1ms3
Newbie
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August 28, 2013, 04:25:27 AM |
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I am interested too. Let me know how to invest or to support.
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bob131313 (OP)
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August 28, 2013, 05:18:07 AM |
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I am interested too. Let me know how to invest or to support.
IPO buys should be sent to the wallet: ZJmxzXRHXV88PadLTu2vR2mCpzRQrDtdiC 1 ZET = 1 share of 777C You can get the ZET client at: https://bitcointalk.org/index.php?topic=267545.msg2860956#msg2860956As an alternative, you can wait for the app and invest that way ( Will be in line with Just-dice with only a small percentage of house profits being invested in. ) Benefit of investing in this initial IPO is that you get a % of 70% profit. I am starting on the demo at the end of the week, it will include a wallet system and a simple slot game.
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bob131313 (OP)
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August 28, 2013, 05:18:57 AM |
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I will also need a few beta testers
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bob131313 (OP)
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August 28, 2013, 02:26:41 PM |
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games4luck.com purchased and will be used as the parent company for the android app for distribution. Reviewing hosting options.
My initial thoughts are to release the game with a point type system that includes a crypto currency wallet. A setting could be changed to play for fun or play for crypto ( list of wallets supported to be determined). This may make the app able to be listed in the app stores. Will do a bit of research.
Current plan. 1. Build the beta app with a wallet, game lounge/chat, game list( 1 slot type game to test with ability to add more as they are updated. ) 2. Have a few investors test the app to verify it meets the quality expectation. 3. Add the app for download at games4luck.com and do an alpha release on the forum. 4. Respond to customer feedback and make changes as required. 5. Determine promotion budget and plan 6. Determine staffing needs to provide game enhancements and bug fixes. 7. Determine schedule of adding new games to the client. 8. Review with lawyers and create necessary protections.
I am sharing this here since I have read some great post of people sharing their real world experiences. Please share any insight you may have, or if you just want to troll, gripe, or rant. Karma will balance it out. Questions.
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True___Blue
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August 31, 2013, 04:11:10 AM |
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Just sent you some ZET. I'm optimistic about this project.
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bob131313 (OP)
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August 31, 2013, 05:59:41 AM |
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App design/prototyping in Photoshop will be done this weekend. Looking forward to sharing these. They will just be image mock-ups but will give a good idea of the general feel.
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SaintFlow
Sr. Member
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Activity: 476
Merit: 250
The first is by definition not flawed.
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August 31, 2013, 10:27:01 AM |
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So you are saying you are developing your own software from the ground up. IE from scratch? I am shure you can point to your previous track record or track record of your staff. Also please produce your company registration and your localisation.
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don't let me make you question your assumptions
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hasher87
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August 31, 2013, 10:48:18 AM |
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looking
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bob131313 (OP)
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August 31, 2013, 05:14:32 PM |
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So you are saying you are developing your own software from the ground up. IE from scratch? I am shure you can point to your previous track record or track record of your staff. Also please produce your company registration and your localisation.
I am using a modified mycelium for the back-end wallet system. https://github.com/mycelium-com/wallet/networkFor the gaming system I am building them from the ground up.
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