[ANN][BRK] Breakout Coin | Sale June 13 2016 | Multicurrencies | Smart Contracts

[BreakoutGaming]

Here's an article about breakout coin hope you guys enjoy it http://coin-network.com/breakout-gaming-and-breakout-coin-time-for-the-revolution/

DailyModo,

Thank you for the tremendous article!!

[brother3]

[almond]

hello,

will the breakout website accept bitcoin or other altcoins as gaming currency ?

[BreakoutGaming]

hello,

will the breakout website accept bitcoin or other altcoins as gaming currency ?

We will definitely be accepting Bitcoin.  We have an in-house exchange that will act as a gateway for alt currencies and their community to play on our platforms with an all-in-one solution.

[DailyModo]

Here's an article about breakout coin hope you guys enjoy it http://coin-network.com/breakout-gaming-and-breakout-coin-time-for-the-revolution/

DailyModo,

Thank you for the tremendous article!!

You are welcome!

[brother3]

looks interesting. watching 

Thanks for your interest!

[JakeThePanda]

This coin is going to be sick.  I got my btc ready to shove.  Ship it! Holla!

[brother3]

This coin is going to be sick.  I got my btc ready to shove.  Ship it! Holla!

Jake, I just love the fact that you are on the thread 

[brother3]

[BreakoutGaming]

Hello, just wanted to point out something to people that are having a hard time understanding why BRO will be a huge hit.

Everyone at the BitAngels and inSide Bitcoin Conference were complaining that the problem with these alternative coins is that they have no marketing behind them and no liquidity.  There is no sustainable model that can support prices of these coins.

Enter Breakout Gaming.  Professional multi-million dollar marketing entering into a $40Bn market.  Gaming is the number one use of all crypto coins, up to 70% by some estimates. 

Breakout Gaming plans to have 750,000 registered users over the next two years.  Players that register on our gaming site to play that buy-in with "fiat"  currency to buy BRO chips must be backed by a similar reserve in BRO coins.  That means Breakout Gaming MUST buy BRO coins on a daily basis to meet those reserve requirements.  That could be millions a day, depending on the volume.  Now go to coinmarketcap.com and look at the daily trading volume of the top ten coins.  Pitiful.

If Breakout Gaming captures even a sliver of the traditional gaming market as we plan.  Good things will happen.

[barabbas]

Hello, just wanted to point out something to people that are having a hard time understanding why BRO will be a huge hit.

Everyone at the BitAngels and inSide Bitcoin Conference were complaining that the problem with these alternative coins is that they have no marketing behind them and no liquidity.  There is no sustainable model that can support prices of these coins.

Enter Breakout Gaming.  Professional multi-million dollar marketing entering into a $40Bn market.  Gaming is the number one use of all crypto coins, up to 70% by some estimates. 

Breakout Gaming plans to have 750,000 registered users over the next two years.  Players that register on our gaming site to play that buy-in with "fiat"  currency to buy BRO chips must be backed by a similar reserve in BRO coins.  That means Breakout Gaming MUST buy BRO coins on a daily basis to meet those reserve requirements.  That could be millions a day, depending on the volume.  Now go to coinmarketcap.com and look at the daily trading volume of the top ten coins.  Pitiful.

If Breakout Gaming captures even a sliver of the traditional gaming market as we plan.  Good things will happen.

BRO is, indeed, the first digital coin that will be used from day one. Not even Bitcoin can claim that. I am quite sure your ICO is going to be a success of historical proportions. Deservedly so...

But I see some rather serious, troubling problems that hadn't been addressed: Besides being a crypto currency of no technical innovation (none is needed, mind you), what BRO is, above anything else, is a Vegas Virtual Supercasino. And, as such, is requires a bunch of things, chief among them, a huge payroll. Maintenance, security, supervision, R&D... Let's assume that you collect $5 million dollars in the ICO. You are a big "team" already. So even though it is a huge amount, it isn't so big when you spread it about. And then what? What would be the incentives for people to remain "working" on the project? The big money would have been made, crypto-style (that means instantly), why not move on to the next "thing" instead of hanging on, for no additional payment?
Who will mind the store?

Additionally: Yes people will continue coming in and needing BRO to buy-in. How are those pots, tournaments, etc. going to operate? As a business? If so, this will be no different than Caesar's Palace issuing a specific number of coins and keeping 67% of them while selling to the public the rest. Investment opportunity? For Caesar's, not for investors... in other words, what is the business model, what, beyond the bro-bergstake, does the investors get?

[nhrf3]

Hello, just wanted to point out something to people that are having a hard time understanding why BRO will be a huge hit.

Everyone at the BitAngels and inSide Bitcoin Conference were complaining that the problem with these alternative coins is that they have no marketing behind them and no liquidity.  There is no sustainable model that can support prices of these coins.

Enter Breakout Gaming.  Professional multi-million dollar marketing entering into a $40Bn market.  Gaming is the number one use of all crypto coins, up to 70% by some estimates. 

Breakout Gaming plans to have 750,000 registered users over the next two years.  Players that register on our gaming site to play that buy-in with "fiat"  currency to buy BRO chips must be backed by a similar reserve in BRO coins.  That means Breakout Gaming MUST buy BRO coins on a daily basis to meet those reserve requirements.  That could be millions a day, depending on the volume.  Now go to coinmarketcap.com and look at the daily trading volume of the top ten coins.  Pitiful.

If Breakout Gaming captures even a sliver of the traditional gaming market as we plan.  Good things will happen.

BRO is, indeed, the first digital coin that will be used from day one. Not even Bitcoin can claim that. I am quite sure your ICO is going to be a success of historical proportions. Deservedly so...

But I see some rather serious, troubling problems that hadn't been addressed: Besides being a crypto currency of no technical innovation (none is needed, mind you), what BRO is, above anything else, is a Vegas Virtual Supercasino. And, as such, is requires a bunch of things, chief among them, a huge payroll. Maintenance, security, supervision, R&D... Let's assume that you collect $5 million dollars in the ICO. You are a big "team" already. So even though it is a huge amount, it isn't so big when you spread it about. And then what? What would be the incentives for people to remain "working" on the project? The big money would have been made, crypto-style (that means instantly), why not move on to the next "thing" instead of hanging on, for no additional payment?
Who will mind the store?

Additionally: Yes people will continue coming in and needing BRO to buy-in. How are those pots, tournaments, etc. going to operate? As a business? If so, this will be no different than Caesar's Palace issuing a specific number of coins and keeping 67% of them while selling to the public the rest. Investment opportunity? For Caesar's, not for investors... in other words, what is the business model, what, beyond the bro-bergstake, does the investors get?

Great breakdown and questions- hopefully something beyond a secret project like The Three Stooges and James are offering.

[barabbas]

Great breakdown and questions- hopefully something beyond a secret project like The Three Stooges and James are offering.

Thank you but that is not relevant here. Besides, IF (HUGE IF) James delivers as he has up until now, even the Stooges will look (kind of) good.

[mydearvoice]

So expensive price, I can not accept

[Randy M Kim]

Hello, just wanted to point out something to people that are having a hard time understanding why BRO will be a huge hit.

Everyone at the BitAngels and inSide Bitcoin Conference were complaining that the problem with these alternative coins is that they have no marketing behind them and no liquidity.  There is no sustainable model that can support prices of these coins.

Enter Breakout Gaming.  Professional multi-million dollar marketing entering into a $40Bn market.  Gaming is the number one use of all crypto coins, up to 70% by some estimates. 

Breakout Gaming plans to have 750,000 registered users over the next two years.  Players that register on our gaming site to play that buy-in with "fiat"  currency to buy BRO chips must be backed by a similar reserve in BRO coins.  That means Breakout Gaming MUST buy BRO coins on a daily basis to meet those reserve requirements.  That could be millions a day, depending on the volume.  Now go to coinmarketcap.com and look at the daily trading volume of the top ten coins.  Pitiful.

If Breakout Gaming captures even a sliver of the traditional gaming market as we plan.  Good things will happen.

BRO is, indeed, the first digital coin that will be used from day one. Not even Bitcoinn can claim that. I am quite sure your ICO is going to be a success of historical proportions. Deservedly so...

But I see some rather serious, troubling problems that hadn't been addressed: Besides being a crypto currency of no technical innovation (none is needed, mind you), what BRO is, above anything else, is a Vegas Virtual Supercasino. And, as such, is requires a bunch of things, chief among them, a huge payroll. Maintenance, security, supervision, R&D... Let's assume that you collect $5 million dollars in the ICO. You are a big "team" already. So even though it is a huge amount, it isn't so big when you spread it about. And then what? What would be the incentives for people to remain "working" on the project? The big money would have been made, crypto-style (that means instantly), why not move on to the next "thing" instead of hanging on, for no additional payment?
Who will mind the store?

Additionally: Yes people will continue coming in and needing BRO to buy-in. How are those pots, tournaments, etc. going to operate? As a business? If so, this will be no different than Caesar's Palace issuing a specific number of coins and keeping 67% of them while selling to the public the rest. Investment opportunity? For Caesar's, not for investors... in other words, what is the business model, what, beyond the bro-bergstake, does the investors get?

I am definitely not as qualified as others involved in our project to answer your concerns but they appear to be sleeping so I will try. 
Most importantly you must understand we are BREAKOUT GAMING.  BRO is being created to promote Breakout Gaming.  When BRO coin is successful it sets the framework for a successful Breakout Gaming.  That is our intention.  All current employees will retain employment as to further develop Breakout Gaming.  Online gaming is a $40,000,000,000 annual business.  If as expected we capture a portion of this tremendous market all employees will have a lucrative job for years to come.  Why would they leave ?  Why would we quit on the project and leave behind a chance of sharing in a $40B annual market for five million dollars and destroy our initial dream ? Would you ?  Of the 67% of the remaining premined coins the lions share will be given away in promotions not kept by the devs.  That's how we plan to develope our 750,000 registered users. We are not going to stop with the virtual super casino only.  We plan to offer other uses for BRO coin outside of casino games.  Backgammon would be one example.  Who knows.  Maybe sometime in the future a father who would never consider casino gaming or poker will be playing chess for BRO's with his son who is across the country away from home for college.  When this happens do you think your initial investment in the ICO will be profitable?
Once again.  I am not the best Breakout representative to answer your inquiry but I hope my explanation makes some sense to you. 
Thank you for your interest in Breakout Gaming

[barabbas]

Hello, just wanted to point out something to people that are having a hard time understanding why BRO will be a huge hit.

Everyone at the BitAngels and inSide Bitcoin Conference were complaining that the problem with these alternative coins is that they have no marketing behind them and no liquidity.  There is no sustainable model that can support prices of these coins.

Enter Breakout Gaming.  Professional multi-million dollar marketing entering into a $40Bn market.  Gaming is the number one use of all crypto coins, up to 70% by some estimates. 

Breakout Gaming plans to have 750,000 registered users over the next two years.  Players that register on our gaming site to play that buy-in with "fiat"  currency to buy BRO chips must be backed by a similar reserve in BRO coins.  That means Breakout Gaming MUST buy BRO coins on a daily basis to meet those reserve requirements.  That could be millions a day, depending on the volume.  Now go to coinmarketcap.com and look at the daily trading volume of the top ten coins.  Pitiful.

If Breakout Gaming captures even a sliver of the traditional gaming market as we plan.  Good things will happen.

BRO is, indeed, the first digital coin that will be used from day one. Not even Bitcoinn can claim that. I am quite sure your ICO is going to be a success of historical proportions. Deservedly so...

But I see some rather serious, troubling problems that hadn't been addressed: Besides being a crypto currency of no technical innovation (none is needed, mind you), what BRO is, above anything else, is a Vegas Virtual Supercasino. And, as such, is requires a bunch of things, chief among them, a huge payroll. Maintenance, security, supervision, R&D... Let's assume that you collect $5 million dollars in the ICO. You are a big "team" already. So even though it is a huge amount, it isn't so big when you spread it about. And then what? What would be the incentives for people to remain "working" on the project? The big money would have been made, crypto-style (that means instantly), why not move on to the next "thing" instead of hanging on, for no additional payment?
Who will mind the store?

Additionally: Yes people will continue coming in and needing BRO to buy-in. How are those pots, tournaments, etc. going to operate? As a business? If so, this will be no different than Caesar's Palace issuing a specific number of coins and keeping 67% of them while selling to the public the rest. Investment opportunity? For Caesar's, not for investors... in other words, what is the business model, what, beyond the bro-bergstake, does the investors get?

I am definitely not as qualified as others involved in our project to answer your concerns but they appear to be sleeping so I will try. 
Most importantly you must understand we are BREAKOUT GAMING.  BRO is being created to promote Breakout Gaming.  When BRO coin is successful it sets the framework for a successful Breakout Gaming.  That is our intention.  All current employees will retain employment as to further develop Breakout Gaming.  Online gaming is a $40,000,000,000 annual business.  If as expected we capture a portion of this tremendous market all employees will have a lucrative job for years to come.  Why would they leave ?  Why would we quit on the project and leave behind a chance of sharing in a $40B annual market for five million dollars and destroy our initial dream ? Would you ?  Of the 67% of the remaining premined coins the lions share will be given away in promotions not kept by the devs.  That's how we plan to develope our 750,000 registered users. We are not going to stop with the virtual super casino only.  We plan to offer other uses for BRO coin outside of casino games.  Backgammon would be one example.  Who knows.  Maybe sometime in the future a father who would never consider casino gaming or poker will be playing chess for BRO's with his son who is across the country away from home for college.  When this happens do you think your initial investment in the ICO will be profitable?
Once again.  I am not the best Breakout representative to answer your inquiry but I hope my explanation makes some sense to you. 
Thank you for your interest in Breakout Gaming

Thank you for your answer, incomplete and not very knowledgeable as it is. It DOES confirm though that this ICO is, in fact, a crowd funding of a Virtual Super Casino and a business behind it on the side... which is fine and dandy except.... what's in it for me?. You seem to miss the point in my very specific questions. The Virtual Super Casino, in order to operate, subsist and progress, needs INCOME. Income way beyond -and sustained- the ICO crowdfunding. Where does it come from? Once again: Yes the BRO and the Bergstake will -potentially- be valuable, perhaps more valuable than their ICO price -but maybe not- because, in the end, the Casino will operate just like any other real-life casino and everyone knows that ONLY the Casino makes money. Not the customers and -in this case in particular- certainly not the investors. How could they. I don't care if you capture 1% of the 40$ billion industry of half of it or the entire enchilada... the question remains: What's in it for me?

And the way I see it, the answer to that question is NADA. Or next to nothing, best case scenario.

You, on the other hand, will do spectacularly, I'm quite sure of it. Congrats in advance

[gwada971]

hello

seems interesting, based on cryptonote it will be possible tu mine it with the current cpu/gpu miner (wolf, claymore)

[jaybny]

besides being a crypto currency of no technical innovation (none is needed, mind you)

bergstake is a huge technical innovation.

what, beyond the bro-bergstake, does the investors get?

What you are really asking is whats the value proposition of Breakoutcoin? Its true that as an investor you "only" get  breakoutcoins with bergtsake. BRO is not just a crypto-currency, its also a token that will be integrated into the core of Breakout Gaming.

Assumption: Breakout Gaming will be a successful global gaming company, and attract a large loyal customer base, with millions of fiat deposits monthly.

-- Breakout Gaming will be licensed and regulated (outside the US).

-- Gaming regulations require gaming companies to maintain a currency balance, to cover all customer deposits and potential winnings.

-- BRO will be the reference currency for Breakout Gaming. All chips/tokens, used for all games, will be denominated in BRO

Assumption: Breakout Gaming will continuously grow its customer base and deposits.

-- At any given time there will be large amount of customer deposits sitting on Breakout Gamings books, this amount will be steadily rising.

-- Breakout Gaming must hold enough BRO to cover all these deposits. As deposits grow, they will be required to hold more and more BRO

The fact that Breakout Gaming must maintain a balance in BRO to cover all fiat/BTC/BRO deposits, creates value for BRO!


On its own, BRO is just another alt-coin, and will only be valuable if used as a medium of exchange. With Breakout Gaming, BRO has value independent of its use as a currency. In fact BRO should not be thought of as a general purpose currency at all. Its more like a crypto-token, that can be used as a currency if desired.

How many coins, including Bitcoin, have any value other than it being a medium of exchange? This is the potential value that investors get with BRO. Assuming Breakout Gaming is a smashing success, BRO should be more valuable then just another alt-coin clone.

To me, BRO is more like Bitcoin 2.0, or a DAC / DOA.

[brother3]

So expensive price, I can not accept

Not sure what you mean?  This is a no cap ICO so we do not set the price.  The investors will determine the price.

[WeGotCactus]

You have mentioned that you will only offer games to players where it is legal to play.

What measures are you taking to enforce this?

1. If I am a US citizen traveling abroad in a territory where it is legal to play, will the software let me play?

2. If I am a citizen in a country where it is legal to play but I am traveling abroad in the US, does the software let me play?

3. One of the appeals of cryptocurrency is obviously privacy, but what privacy compromises do you have to make to satisfy your regulators? (like getting copies of government issued IDs of players)?