Well it seems like many people missed this train, let's do math:
The final price was around 400 rep/bitcoin (230 usd)
With 3 bitcoins you own a little more than 1/10,000 of total reps.
Rep will get profit from fees.
In a conservative scenario where each month only 3 billion usd are wagered on this, ( today there are single sport events where more than that is wagered on a single day, i think the total amount wagered worldwide on sportsbooks and prediction markets is around 100 billion/month but who knows, it may be even 500 or 1000 billions.)
Let's take a 1% fee of that, that is 30 million usd.
Distributed into 10,000 parts the result is 3000 usd.
So with 3 bitcoins (690 usd) you had the opportunity to make at least 3000/month without doing anything.
Obviously all this is on the supposed scenario where they deliver and it goes successful after it.
@cjmoles, this project is not dead, just dont expect noise in next few months unitl they launch... you will see more stuff about this on the ethereum forum than here.
I was just wondering why this thread was so small considering the 5.1 M dollar interest in the project. I was thinking that maybe this was an orphaned thread and that maybe I was overlooking the favored thread.
In regard to the sportsbook example: They're are games everyday....so....if the rep holder's reporting period is about every eight weeks....how does that translate?