Nonvolatile DAO Sportsbook Casino - Teehe.net - Over $44,000 Contributed

[Teehe]

Our goal is to deliver a secure, user-friendly gambling platform using a nonvolatile digital currency; accommodating anonymous wagers with instantaneous deposits and withdraws fulfilling all gambling desires.

It is important to set things right in the beginning, to make a secure and future-proof platform. To ensure a long-lived operation, Teehe will avoid interacting with traditional institutions; all business processes needed to establish the platform will be anonymous. The platform will be designed and coded internally. It will use modern technologies with security and practicality as areas of focus.

To do this, we need your help. We will sell 20% of shares as IPO to acquire sufficient funding to develop this platform.
In case of IPO termination, like if we do not acquire enough we will simply return funds to investors; fair and square.

You can contact Teehe managers here:

Bitmessage addresses: BM-NBBZngFv6Kc3Y8Qmg34eM7s5AtDGQbzD
Email address: Teehe@vistomail.com

Feel free to ask any questions.

For more information about the IPO including the prospectus and business plan please visit http://teehe.net/

Active discussion about Teehe can be found here:
https://discuss.nubits.com/t/ipo-teehe-dao-sports-book-and-casino-based-on-peershares/1734/63

[Bardman]

What is going to be different from the other sportbooks? Do you plan on using more cryptocurrencies?

[cazkooo]

Our goal is to deliver a secure, user-friendly gambling platform using a nonvolatile digital currency; accommodating anonymous wagers with instantaneous deposits and withdraws fulfilling all gambling desires.

It is important to set things right in the beginning, to make a secure and future-proof platform. To ensure a long-lived operation, Teehe will avoid interacting with traditional institutions; all business processes needed to establish the platform will be anonymous. The platform will be designed and coded internally. It will use modern technologies with security and practicality as areas of focus.

To do this, we need your help. We will sell 20% of shares as IPO to acquire sufficient funding to develop this platform.
In case of IPO termination, like if we do not acquire enough we will simply return funds to investors; fair and square.

You can contact Teehe managers here:

Bitmessage addresses: BM-NBBZngFv6Kc3Y8Qmg34eM7s5AtDGQbzD
Email address: Teehe@vistomail.com

Feel free to ask any questions.

For more information about the IPO including the prospectus and business plan please visit Teehe.net

this is just wrong, if you cant even pay for your own site development , how are you going to pay your customer once your sites goes live? you wont have the needed bankroll for the sites i bet

[Teehe]

What is going to be different from the other sportbooks? Do you plan on using more cryptocurrencies?

It is very different from sports books that we have seen so far.
First of all, it owned by shareholders. Each shareholder has a wallet with his shares, shareholder can vote on motions to influence behaviour of company. Also, there is integrated dividend payout system.

You might want to read our documents to get a full picture, we do not want to throw too much on your plate at once.


Second; we eliminate volatility. We will internally use USD pegged crypto currency, so customers funds and company's profits are safe from Bitcoin volatility.
Also, read our documents to see more details, this is quite vague description I have delivered; I have tried to keep it simple.


Third; it is impossible to shut us down once it starts. There is no ties to any legal or financial institution. Teehe only answers to shareholders.

As for illegal offshore gambling houses, Teehe is not your classic off-shore gambling enterprise.
Teehe is structured to be resilient to attacks from legal entities by its ownership structure in form of DAO.
There is no way for government to seize funds or credit card company to block money transfers.
There is no way for any government or bank to influence Teehe, that is the design.

Read out documents @ Teehe.net you will find them quite interesting we are sure of that.

Also, there is active discussion over @ https://discuss.nubits.com/t/ipo-teehe-dao-sports-book-and-casino-based-on-peershares/1734

[Teehe]

Our goal is to deliver a secure, user-friendly gambling platform using a nonvolatile digital currency; accommodating anonymous wagers with instantaneous deposits and withdraws fulfilling all gambling desires.

It is important to set things right in the beginning, to make a secure and future-proof platform. To ensure a long-lived operation, Teehe will avoid interacting with traditional institutions; all business processes needed to establish the platform will be anonymous. The platform will be designed and coded internally. It will use modern technologies with security and practicality as areas of focus.

To do this, we need your help. We will sell 20% of shares as IPO to acquire sufficient funding to develop this platform.
In case of IPO termination, like if we do not acquire enough we will simply return funds to investors; fair and square.

You can contact Teehe managers here:

Bitmessage addresses: BM-NBBZngFv6Kc3Y8Qmg34eM7s5AtDGQbzD
Email address: Teehe@vistomail.com

Feel free to ask any questions.

For more information about the IPO including the prospectus and business plan please visit Teehe.net

this is just wrong, if you cant even pay for your own site development , how are you going to pay your customer once your sites goes live? you wont have the needed bankroll for the sites i bet

Well there is nothing wrong about it. Please read at least some of documents before stating that.
We clearly state that this is just first round of funding, it will be followed by second after Beta quality platform is released. Second round will serve to acquire bankroll and become fully operational.

Development and testing of platform like Teehe requires staggering amount of work, money and human resources. Project like this can not be developed in underfunded garage; we dont want quality to suffer due to underfunding.
It is classic crowdfunding, where crowd becomes the owner in completely transparent process.

http://teehe.net/pdf/teehe-businessplan.pdf

[Teehe]

Two questions for the community:

Would you prefer gambling denominated in Bitcoin or rather using Bitcoin for all its benefits, and gambling with a denominated form of your local currency?

Would you prefer gambling with a random third party, or gambling with a distributed autonomous organization in which you have a stake in?

[Teehe]

Teehe is different, we apply blockchain technology to our organizational structure to circumvent high taxes, regulatory costs and forms of censorship

[syamster]

Do you give any certificate or receipt for the investment we made in IPO ?

[Teehe]

Do you give any certificate or receipt for the investment we made in IPO ?

Your input will be recorded on the blockchain.
You are required to keep ownership of the Bitmessage address or the email you use to contact us as we will use that to contact you and deliver the shares once our blockchain starts.
Also, you must include return address which we will use to return your coins in case of IPO termination.

Please read our Prospectus, which should answer a lot of questions: http://teehe.net/pdf/teehe-prospectus.pdf


For any more info, please ask. We are happy to answer.

[Teehe]

Announcement:

@Hyena has joined Teehe team.

Hyena is a cryptocurrency enthusiast since 2011. He is the owner and lead developer of cryptograffiti.info. Also, he is working on a Bitcoin based online multiplayer betting game and is interested in hosting it on Teehe.

He has master's degree in software engineering and he is currently working in the area of cyber defence as an expert of secure programming.
We have agreed that many attack vectors can be prevented simply by the architectural choices of the software system.

We are sure this is a great addition to our team and will help us deliver a prestigious platform for our future customers.

[panju1]

You can move this thread (using the link at the bottom of the page) to Marketplace --> Securities. You will get greater interest for your IPO there. You can open a fresh thread to discuss your business model alone and promote your idea.

[zcxvbs]

Finish something before you make a announcement of IPO, people are tired of paying for a idea instead of a project.

[Teehe]

Finish something before you make a announcement of IPO, people are tired of paying for a idea instead of a project.

We considered phrasing the venture as crowdfunding, but in reality it is an IPO, we are straightforward even though negative connotations abound from previous failed ventures and scams under the name IPO.

The venture requires time and capital to achieve a final product, it cannot be built in spare time. We have acquired the necessary developers all of whom have agreed to be compensated in a dynamic mix of shares and a wage.   

Funding raised through traditional venture capital firms eliminate anonymity.

Furthermore, an elimination of anonymity is a point of failure for the organization if legislation were to negatively shift in either the cryptocurrency or gambling industry.

In this regard, Teehe management has the foresight to raise funds in an anonymous fashion through Peershares, to prevent third party intervention in the future.

[shulio]

Finish something before you make a announcement of IPO, people are tired of paying for a idea instead of a project.

We considered phrasing the venture as crowdfunding, but in reality it is an IPO, we are straightforward even though negative connotations abound from previous failed ventures and scams under the name IPO.

The venture requires time and capital to achieve a final product, it cannot be built in spare time. We have acquired the necessary developers all of whom have agreed to be compensated in a dynamic mix of shares and a wage.   

Funding raised through traditional venture capital firms eliminate anonymity.

Furthermore, an elimination of anonymity is a point of failure for the organization if legislation were to negatively shift in either the cryptocurrency or gambling industry.

In this regard, Teehe management has the foresight to raise funds in an anonymous fashion through Peershares, to prevent third party intervention in the future.

this is what all IPO is about, an idea, before people put in their money to you, you will need to present at least a small fraction of your idea in reality, people wont fell for this one , this schemes has been here since a long time ago, mostly in altcoin sections, where people only pay for idea, after that, the thread starter gone

[Teehe]

Finish something before you make a announcement of IPO, people are tired of paying for a idea instead of a project.

We considered phrasing the venture as crowdfunding, but in reality it is an IPO, we are straightforward even though negative connotations abound from previous failed ventures and scams under the name IPO.

The venture requires time and capital to achieve a final product, it cannot be built in spare time. We have acquired the necessary developers all of whom have agreed to be compensated in a dynamic mix of shares and a wage.   

Funding raised through traditional venture capital firms eliminate anonymity.

Furthermore, an elimination of anonymity is a point of failure for the organization if legislation were to negatively shift in either the cryptocurrency or gambling industry.

In this regard, Teehe management has the foresight to raise funds in an anonymous fashion through Peershares, to prevent third party intervention in the future.

this is what all IPO is about, an idea, before people put in their money to you, you will need to present at least a small fraction of your idea in reality, people wont fell for this one , this schemes has been here since a long time ago, mostly in altcoin sections, where people only pay for idea, after that, the thread starter gone

-this is what all IPO is about, an idea, before people put in their money to you, you will need to present at least a small fraction of your idea in reality,

> Our team is open for technical discussion, if you would like to know technical specifications please contact us on our listed bitmessage address.

-people wont fell for this one , this schemes has been here since a long time ago, mostly in altcoin sections, where people only pay for idea, after that, the thread starter gone

> I need not say that scams abound on this subforum, not to mention the potential insolvency of operating a business solely with Bitcoin. Sadly, one member of Teehe management team who frequents this forum fell for a Streak For The Cash scam. It is a sad reality, we are well aware. It is justified to be skeptical, it is warranted with the history of Bitcoin scams. We are happy to answer your questions and quell any concerns.

We have tried to do everything we can to be transparent, yet anonymous. Funds are held in multi-sig by trustworthy members of Peercoin community. You can see how well recieved Teehe is in the Peercoin community by following the thread here: https://www.peercointalk.org/index.php?topic=3999.0

[ticoti]

a newbie account with no proofs or no support doesn't give me confidence,you should introduce the things other way if you want people to give you their money

[Teehe]

Quote from business plan:

" Teehe is a sports book and casino that facilitates transactions using a peer-to-peer (p2p) digital currency pegged to the U.S. Dollar. Teehe is structured as a distributed autonomous corporation; it will be owned by anonymous shareholders throughout the globe. This structure averts immense regulatory costs and enables total anonymity for all involved parties.Teehe utilizes the proven long-term profit model from pre-existing online sport books while solving the industries greatest problems of regulatory costs and value transfer restraints. "

http://teehe.net/pdf/teehe-businessplan.pdf

[Teehe]

Completion of the first week of the IPO:

Contributed funds stand at 11,042.30 PPC, 1500 NBT, and 62.99 BTC

Amount contributed at time of contribution $22,518

At current market prices approximately $22,150

[Teehe]

Ann: Professional artist joins Teehe team. Art and design professor with background in gambling.

Perfect combo.

[shulio]

Completion of the first week of the IPO:

Contributed funds stand at 11,042.30 PPC, 1500 NBT, and 62.99 BTC

Amount contributed at time of contribution $22,518

At current market prices approximately $22,150

is there any where that I could check this amount that you claimed? considering the fact I dont see anyone interested with your project in this forum

Ann: Professional artist joins Teehe team. Art and design professor with background in gambling.

Perfect combo.

Mind telling who are they? perhaps some profile or their proftfolio