It's tempting to be on this project,
Simplified Prediction Betting w/ Revenue Sharing via Crypto
but its vague there's no relevant information about the site being a revenue sharing site, yes they have a video but it's a short and it doesn't explain in full in a way that we can understand the whole concept, it's better for OP to go on details create an FAQ or a whole page to explain the concept, you are in a hurry to monetize that you already have a dedicated page for advertising instead of the concept.
If you have a moment, you can take a look at our FAQ and documentation here:
https://docs.headstails.xyz/
This announcement goes unnoticed for the last two weeks, I guess it was moved here but I don't think this is the right section for this project as they are not going to accept Bitcoin, and they are on a prelaunch it's better to move it in the altcoin section where it rightly belongs, there is no TOS, no FAQ what you posted here you should also post in your homepage, there's no readable information except your video, its very similar to Futuur but this one with a coin flip.
Also these guys are using a free domain?
I mean .xyz seriously? If they aren’t able to afford domain, how they gonna pay for the predictions?
Moreover OP also don’t care about the replies and suggestions here from Bitcointalk. After creating the announcement thread, the op has went invisible. So waste of giving suggestions here.
And yes this thread needs to be moved to the
Marketplace(Altcoins) section, as the site doesn’t accept Bitcoins in any form.
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Sorry for the delay in following up! We were busy finishing the site, and now it is live! Given that there were such genuine responses, we wanted to ensure the site is live before bumping anything up.
.xyz is not a free domain. It's an alternate TLD to .com, .net, etc. It's been recently popularized by the likes of block.xyz and is related to the tech industry.
HT has to resolve the question (select a winning answer) within 7 days of the question end date. The resolution source is transparent. If we don’t, users can unstake their tokens. This feature is built into the smart contract. This ensures that when users take part in a question, it will either result in the winnings to be distributed to the users or the funds can be claimed back by the users. HT cannot keep hold of the funds incase a question is not settled and winning answer not chosen.
Can you explain more on this?
- Jay -
Sure. Basically, it is an assurance/guarantee to the users. No one wants to bet their money if they believe the site can just hold onto their money forever. The smart contract dictates that if we have not resolved a question within 7 days of it ending, the funds go right back to the participants instead of being held forever.
