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Author Topic: Moon.com-Binary Into Leverage Gambling  (Read 48 times)
ashmodeus (OP)
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Today at 08:42:07 AM
 #1



About 2 weeks ago,Moon.com officially launch. It seems people haven't recognized that site since the launch it self is no ads or some, its just appear form nowhere. About moon.com its a online platform that blends market tracking(crypto or stock),binary options,and high-leverage prediction wagering. With max lev up to 1000x , why i am intrested not because its a trading into gambling but people who created it. According to multiply data i've read on , Easygo Entertainment-the Melbourne-based tech put Moon.com as a newest product alongside Stake and Kick, so i am preety sure Stake CEO's Ed Craven and Bijan Tehrani is people who creating this site, despite there still no official statement about it, but, well as u can see after u regist, its almost same like stake user menu feature's such as VIP,rakeback,Weekly or Monthly, the diffrence is only u and the house. what u must considering about binary options is about who created the price , itsn't ? well, on moon The prices do not come from Moon, which is the strongest fairness point on the site. They are aggregated from DXFeed, Pyth Network and SEDA Protocol, and SEDA has publicly confirmed the relationship.
About perspective of profit, well, i'll put some data from fairgambling.com for calculation.

Bitcoin rises 0.1% and you are up $100 gross; Moon takes at least $10 in performance fee and you already paid $1 to open, so you net about $89. Bitcoin falls 0.1% instead, the bet busts, and you are out $101. Two moves of identical size, before the spread and any holding fee. That asymmetry is Moon's business model.

Rakeback returns 3.5% of fees paid to accounts that arrive via a partnered affiliate or reach Bronze VIP. Moon calls it "passive earning." It is a partial refund of the fees, not of the spread, which is the larger and unpublished cost.

So,how u think ? it this a good business expansion or become a bust,since majority people think binary option its very unfair gambling mode.
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Today at 09:39:18 AM
Last edit: Today at 09:50:21 AM by Upgrade00
 #2

They just popped up but seem to brave raised $300 million already. I checked the website but did not see any confirmation on that or their roadmap before they got launched publicly.

I am not a fan of binary options, too heavily dependent on luck with the one or the other answers. The website is well positioned to make lots of money with losses and the house edge they are taking on wins as performance fees.

Those looking for high risk, high rewards stakes will be af home on a service like this.

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Today at 01:03:19 PM
 #3

They just popped up but seem to brave raised $300 million already.
This is quite shady because there is no confirmation about the amount they supposedly raised. We can only see the $300 million claim from social media posts, probably from some influencers, but not from their official announcement.

They already have this news here:
https://www.accessnewswire.com/newsroom/en/blockchain-and-cryptocurrency/moon.com-launches-24%2F7-leveraged-up-or-down-betting-with-losses-cappe-1213878

If they really raised that much, I think it should have been mentioned there because that is a big achievement and it could help build more confidence from users and investors.

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