Is there anyone from the actual Tombola PROJECT that can answer questions about what they are ICO'ing?
Wasn't aware this was the thread that details of the actual project could be discussed...sorry for posting in wrong thread earlier.
Our exchange in the bounty thread was left with no answers to all the flaws in the projects "business plan"
Tombola ICO is a Scam waiting to happen. Anyone sending them money deserves to lose it.
People don't start gambling sites with the same name as existing gambling sites... they also don't put terrible math on their whitepaper to convince investors they have a chance to turn a profit. They can't even offer lottery games from Honk Kong where they claim the company is based....
This is fake news
Tombola (the bingo website) doesn't care they are launching an ICO for gambling and have the same name ?
They can offer gambling services in Hong King when there isn't even a licensing process because the government runs it?
Everyone getting hyped about how much money they are claiming people can earn might want some actual details how they actually plan to launch a lottery with the thousands of other options gamblers have.
Are tombolo.co.uk and their regulatory bodies (Gambling Commission of Great Britain, Gibraltar Gambling Commissioner) aware of the Tombola ICO? Could there be confusion in the gambling market with two companies having the same name?
Is there any potential Tombola (the ICO) will have to rebrand? Possibly costing investors time and money after having invested in a project showing little knowledge of international gambling laws and trademarks?
It sounds like Tombola is trying to "sell" a picture of tomorrow to investors and price it however they want, rather than explain any bottlenecks that are obvious to anybody.
There are indeed several red flags in this project, including the fact that the team seems absent from their own thread. Moreover they claim that their Platform would be EOS based and then they seemingly don't accept EOS in their ICO.
How will they gain any market share when all the other online lotteries have existing customers and they have no track record?
Who did the competitor revenue calculations on their whitepaper, that assumes FortuneJack made $8 billion dollars?
It is an obvious attempt to take crypto from "investors" and run. Doesn't matter how many paid shills pretend it's a good idea.
