BALIK
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🍓 BALIK Never DM First
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August 02, 2020, 06:44:01 PM |
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Looks like a great game to be honest, but how does CFights make money from this?
Seems like there are some trading pairs which almost always favor one coin over the other. Wouldn't CFights lose money if most of the bets go to the stronger coin?
Do you have a FAQ that explains your house edge and revenue structure?
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Oilacris
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August 02, 2020, 08:41:07 PM |
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Welcome to this forum!
Actually this is my first time to see this kind of game.It might be just like some sort of binary options but in a PvP manner which is really great.
The interface and design is pretty damn good for me.I have no complaints or whatsoever but one thing that i do want to see some changes on price
ticker that it should be more clearer and noticeable.Good thing that this is on real-time price movement yet it do really sucks when it would really have a delay even on 1 sec.
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gadado
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August 03, 2020, 04:23:05 AM |
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It's great you have a lot of bonuses and prizes like the iPad, iPhone 11 and Airpods Pro. It's also nice that you even let users test your platform by having that playground feature well actually nice to test like real playing so users can test out the game and if they enjoy it then that's the time they deposit.
I have visited the site but i failed to understand how this site works. I choose bitcoin and the opponent is automatically selected as ethereum. Then a timer starts and after a little while its says that Bitcoin 1 wins. How does it decides the winner ? Actually it's another user who chooses another coin and the platform will let you fight for 30 seconds then who's coin price increase will be the winner, that simple. Actually you can check out their FAQ below I think there's something about how the game works.
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btcltcdigger
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August 03, 2020, 10:50:20 AM |
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Comision of 0.1 i can understand, but don't you think that 10% on withdrawl is a bit steep?
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Bttzed03
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https://bitcoincleanup.com/
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August 03, 2020, 01:50:07 PM |
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Looks like a great game to be honest, but how does CFights make money from this?
Seems like there are some trading pairs which almost always favor one coin over the other. Wouldn't CFights lose money if most of the bets go to the stronger coin?
Do you have a FAQ that explains your house edge and revenue structure?
As pointed by @btcltcdigger, cfights will be charging 10% commision for all top ups and withdrawals. It's stated in their Terms & Conditions ( 3.3.8 ). The game is a PVP as stated in the OP so cfights won't be losing money if one wins over the other player.
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CFIGHTS MANAGER (OP)
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https://cfights.com/ ⚡️CFIGHTS⚡
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August 03, 2020, 01:57:41 PM |
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Comision of 0.1 i can understand, but don't you think that 10% on withdrawl is a bit steep?
Hello! Thank you for your question ⚡️ Now we are testing the economics of the project, in future fees will be changed ⚡️
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milewilda
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August 03, 2020, 02:01:58 PM |
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Looks like a great game to be honest, but how does CFights make money from this?
Seems like there are some trading pairs which almost always favor one coin over the other. Wouldn't CFights lose money if most of the bets go to the stronger coin?
Do you have a FAQ that explains your house edge and revenue structure?
As pointed by @btcltcdigger, cfights will be charging 10% commision for all top ups and withdrawals. It's stated in their Terms & Conditions ( 3.3.8 ). The game is a PVP as stated in the OP so cfights won't be losing money if one wins over the other player. When it comes to PvP type of games then they do really get commission on each round and as mentioned earlier that 10% is indeed pretty steep deduction + network fees? that would really be a turn off.
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CFIGHTS MANAGER (OP)
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https://cfights.com/ ⚡️CFIGHTS⚡
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August 03, 2020, 02:03:52 PM |
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Welcome to the forum.
Nice idea of new gambling game I like it , its not that hard to understand how the games work since its also like a trading but you are betting with other players .
Can we use bitcoin in the game or we need to buy FIGHT tokens first to play it with other players?
Greetings!
You need FIGHTS to play which can be bought for ETH or BTC
Thank you very much for your attention ⚡️
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CFIGHTS MANAGER (OP)
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https://cfights.com/ ⚡️CFIGHTS⚡
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August 03, 2020, 02:07:40 PM |
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Welcome to the forum. The overall design of your website is pretty simple,clean and straight forward,which is a good thing.I hate slow loading pages filled with unnecessary images and stuff that you don't need. Why the Terms of Service and Privacy Policy pages of your website are actually .pdf files? Do you plan to add a "Frequently Asked Questions" webpage and also make the Terms of service and Privacy policy as webpages?That would be nice. Good luck with this project,OP.
Hello!
We are glad to see your interest in our project⚡️
Just try to play one time, scroll the page down and you will be able to access our FAQ. We’ve designed it that way to improve the page speed.
Also, thanks for your suggestions about the PDF documents. Noted⚡️
We will be glad to see you in our community: https://t.me/cfights, https://www.facebook.com/groups/580415269287051/
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LimLims
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August 03, 2020, 02:09:13 PM |
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At first glance loved the concept. The UI is too good for a new site. It would have been better that along with the new concept you could have also add some of the popular games. This could have helped you to earn good amount of users to the site. Just didn't understand the Provably fair this much but will still give the game a try. Nevertheless you can also launch some sort of campaigns in order to increase the site's traffic. Goodluck OP.
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Pmalek
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Playgram - The Telegram Casino
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August 03, 2020, 02:35:38 PM |
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I tried the Playground version of the game. Won several fights but there are 2 things I don't really like:
1. Your FAQ mentions that as soon as you deposit real money onto the platform, the mode will change to Real Money Mode. No problem there. But, all the won free fights will be lost!
2. I thought that I would be able to select the opponent currency to fight against. For example, you can't select to fight Bitcoin against Tron. The computer just assigns you an opponent randomly. Shouldn't it be possible that I have a chance to decide which currency I want to do battle against?
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| │ | ▄▄▄███████▄▄▄ ▄▄███████████████▄▄ ▄███████████████████▄ ▄██████████████▀▀█████▄ ▄██████████▀▀███▄██▐████▄ ██████▀▀████▄▄▀▀█████████ ████▄▄███▄██▀█████▐██████ ██████████▀██████████████ ▀███████▌▐██▄████▐██████▀ ▀███████▄▄███▄████████▀ ▀███████████████████▀ ▀▀███████████████▀▀ ▀▀▀███████▀▀▀ | | │ | ██████▄▄███████▄▄████████ ███▄███████████████▄░░▀█▀ ███████████░█████████░░█ ░█████▀██▄▄░▄▄██▀█████░█ █████▄░▄███▄███▄░▄██████ ████████████████████████ ████████████████████████ ██░▄▄▄░██░▄▄▄░██░▄▄▄░███ ██░░░█░██░░░█░██░░░█░████ ██░░█░░██░░█░░██░░█░░████ ██▄▄▄▄▄██▄▄▄▄▄██▄▄▄▄▄████ ███████████████████████ ███████████████████████ | | │ | ► | |
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CFIGHTS MANAGER (OP)
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https://cfights.com/ ⚡️CFIGHTS⚡
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August 03, 2020, 02:48:53 PM Last edit: August 03, 2020, 03:07:47 PM by CFIGHTS MANAGER |
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GREETINGS TO ALL RESPECTED BITCOINTALK MEMBERS!
We highly appreciate your interest and suggestions!
We want to offer you to participate in our contest! What do you need to do? 😳⚡️ Pretty simple: go here and check the rules of our contest ✨
Only ONE day left before the announcement of WINNERS⚡️⚡️⚡️
________________________
If you want to participate in more promotions, join our Telegram group: https://t.me/cfights
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BALIK
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🍓 BALIK Never DM First
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August 03, 2020, 07:03:00 PM Last edit: August 04, 2020, 07:30:31 AM by BALIK |
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Damn, a 10% payroll deduction for each deposit is a horrible method to earn money. So people instantly lose 10% of their bankroll after deductions?
Why don't you just take a 20% commission from winning players instead? That should equal the same revenue, but it's not like getting an instant kick in the nuts after depositing.
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Bitinity
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August 04, 2020, 10:29:48 AM |
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Looks like a great game to be honest, but how does CFights make money from this?
Seems like there are some trading pairs which almost always favor one coin over the other. Wouldn't CFights lose money if most of the bets go to the stronger coin?
Do you have a FAQ that explains your house edge and revenue structure?
As pointed by @btcltcdigger, cfights will be charging 10% commision for all top ups and withdrawals. It's stated in their Terms & Conditions ( 3.3.8 ). The game is a PVP as stated in the OP so cfights won't be losing money if one wins over the other player. So in total players will lose 20% (10$ for deposit + 10% for withdrawal)? 10% on withdrawal alone is a big disadvantage for players. In addition as said by BALIK, 10% commission on deposit is an instant lose for players. Cfights needs to rework on how they should earn from site. It is better if they take a commission for every game only like most other pvp based game. Otherwise there will be no one willing to lose 10% without playing even a single game.
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Kakmakr
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Leading Crypto Sports Betting & Casino Platform
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August 04, 2020, 11:53:13 AM |
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I think your best bet for a success for this game is to somehow link it to an exchange platform. When you see the name Crypto Fights, you automatically think it is some animated 3D fighting game.. not a "Coin vs Coin" trading based game. Even though the concept is simple to most traders, it might be a whole different story for normal gamblers. They do not want to study trading/price history and trading volumes to be able to predict future prices for tokens... they just want to push a button and/or set it on auto bet and then watch the outcome. I think you are targeting a niche traders market with this and the Crypto traders out there are not a big enough market for you to scale the business aggressively.
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Bttzed03
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https://bitcoincleanup.com/
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August 04, 2020, 12:31:20 PM |
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~ So in total players will lose 20% (10$ for deposit + 10% for withdrawal)? 10% on withdrawal alone is a big disadvantage for players. In addition as said by BALIK, 10% commission on deposit is an instant lose for players. Cfights needs to rework on how they should earn from site. It is better if they take a commission for every game only like most other pvp based game. Otherwise there will be no one willing to lose 10% without playing even a single game.
Here's their explanation in case you missed it ~ Hello! Thank you for your question ⚡️
Now we are testing the economics of the project, in future fees will be changed ⚡️
When you to think about it, the current revenue structure is favorable to someone who is really good (and lucky) at this game. If a player keeps on winning, he won't need to top up so often. Thereby, saving from the 10% commission charged by cfights. Obviously, this is disadvantageous to a player who keeps on losing and topping up. If they switch to charging commission for every game, a player who has a high win percentage might not like that too. Most likely, he'll pay higher than the 10% top up commission. Anyway, I'm just trying to see the logic behind cfights' strategy. I could be wrong.
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CFIGHTS MANAGER (OP)
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https://cfights.com/ ⚡️CFIGHTS⚡
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August 10, 2020, 09:33:30 AM |
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GREETINGS TO ALL RESPECTED BITCOINTALK MEMBERS!
We have read carefully all your critical comments about fees. Thanks to all guys who help us to get better.
So, we are pleased to inform you that the fees are reduced! At this moment, just 1% commission (min. 1.5 FIGHTS) for withdrawals.
Guys, we'd like to know your opinion about this 👍
FACEBOOK WEBSITE TELEGRAM
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CFIGHTS MANAGER (OP)
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https://cfights.com/ ⚡️CFIGHTS⚡
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August 10, 2020, 10:59:44 AM |
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Damn, a 10% payroll deduction for each deposit is a horrible method to earn money. So people instantly lose 10% of their bankroll after deductions?
Why don't you just take a 20% commission from winning players instead? That should equal the same revenue, but it's not like getting an instant kick in the nuts after depositing.
Greetings! Thank you for your comment. We have made changes in our fees' policy https://bitcointalk.org/index.php?topic=5266170.msg54967796#msg54967796Thank you for your time ⚡
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VanityWallets2015
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August 10, 2020, 01:32:31 PM |
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Warm welcome to you to this forum! I see that this is a new project. The simplicity of your website is what makes it more enticing to many. I am sure that if you keep posting updates regarding your activities, you will get the interest of the many.
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