DotA2 Bitcoin League

[gambit1]

What you are talking about is the two big areas of risk: TECHNICAL RISK and MARKET RISK.

Technical risk is : "can I really deliver the product".

Market risk is: "will people want the product, and in sufficient numbers to make it viable".

A good entrepreneur acknowledges and minimizes both.

It is a nice idea, I've actually had it myself but I'm conscious of risk and can't program. Do you have the necessary funds for something like this?

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[Kprawn]

I will just search for it, but there have been tournaments that paid in Bitcoin prizes. {Not DotA2}

This should not be too complicated... Host the Bitcoin League on a Fan forum, that are already out there. Take subscription entries, place it in a pool and at the end, pay out to winners.

Have you asked this on some of the DotA2 forums yet? If YES, what was the response?

I will test the water, by challenging someone to play you for Bitcoin. Other people will ask you, what this Bitcoin thing is, and they will also want to get into the action for the money.

You can even make it easier... Ask people to go to a reddit thread you created and if they win, you tip them with ChangeTip... that will automatically start the road towards Bitcoin adoption.

You take it from there, and grow it bigger. 

[funtotry]

I will just search for it, but there have been tournaments that paid in Bitcoin prizes. {Not DotA2}

This should not be too complicated... Host the Bitcoin League on a Fan forum, that are already out there. Take subscription entries, place it in a pool and at the end, pay out to winners.

Have you asked this on some of the DotA2 forums yet? If YES, what was the response?

I will test the water, by challenging someone to play you for Bitcoin. Other people will ask you, what this Bitcoin thing is, and they will also want to get into the action for the money.

You can even make it easier... Ask people to go to a reddit thread you created and if they win, you tip them with ChangeTip... that will automatically start the road towards Bitcoin adoption.

You take it from there, and grow it bigger. 

Thats a good idea, in the first stages before I develop an automated website I'll do it on the Dota 2 subreddit and pay winnings in changetip, so their is lots of potential adoption there because they have to redeem their winnings.

[cramved]

Sounds like a great I could help with graphic design if you move forward with the idea.

[Kprawn]

I will just search for it, but there have been tournaments that paid in Bitcoin prizes. {Not DotA2}

This should not be too complicated... Host the Bitcoin League on a Fan forum, that are already out there. Take subscription entries, place it in a pool and at the end, pay out to winners.

Have you asked this on some of the DotA2 forums yet? If YES, what was the response?

I will test the water, by challenging someone to play you for Bitcoin. Other people will ask you, what this Bitcoin thing is, and they will also want to get into the action for the money.

You can even make it easier... Ask people to go to a reddit thread you created and if they win, you tip them with ChangeTip... that will automatically start the road towards Bitcoin adoption.

You take it from there, and grow it bigger. 

Thats a good idea, in the first stages before I develop an automated website I'll do it on the Dota 2 subreddit and pay winnings in changetip, so their is lots of potential adoption there because they have to redeem their winnings.

Yes, and when they redeem their winnings, they will automatically have to create a ChangeTip account and it will start the whole process of adoption.  The added bonus for you... if you lose and they do not redeem it, you will be refunded with the whole amount.

When we tipped people in the Xbox thread on reddit, the day Microsoft announced that it would accept Bitcoin as a payment method... I had a 100% adoption record. {Well, let's rather say.. everyone redeemed the money, I tipped them} 

Hope you will give us feedback on how this experiment went..  {send me a PM for a reminder, if I miss it}

[funtotry]

I think I will do that. In less than a week or so maybe this weekend I will make a post on the dota 2 subreddit and do it manually at first (tournament on the subreddit no official site yet) and use tipping as the way to be paid I am excited for this.