So Betking ICO starts today December 1. I wanna hear some people interested on this please. Investing and receiving only 30% worth of your investment. 100 million tokens and only 30% of it will be distributed to investors or 30 million tokens. The planned dividends is every 3 months.
Here is an example:
Say you invested 150 btc and ICO ended with 3000 btc collected.
150/3000 = 5% investors share
30 million * 5% = 1.5 million tokens share
I am not sure how profitable hosting a sports betting is. Although I expect it will be more profitable considering there will be more casino games + sports betting.
So for example I wanted to sell all my stake. I need to sell it at least 10k satoshis to break-even my investments.
150 btc / 1.5 million = 10000 satoshis
Token value:
3000 btc / 100 million tokens = 3000 satoshis
So is it really possible that I can sell my share at 333.33% price to break-even my investment?
10000 / 3000 = 333.33%
In this sample I didn't count the possible dividends and also the token valuations which is expected to change as it will be traded actively on exchanges too.
Comments please. Thanks.