Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BetKing.io ICO - Bitcoin Gambling website
by
ndnh
on 06/12/2016, 14:33:59 UTC
So I'm used to investing in businesses.

I usually see a financial statement.

Showing revenue, expenses and profit/loss.

Do you have anything like this available Dean?

AFAIK the information we have is data from https://dicesites.com/betking from 2014/11/2 to date.

Revenue is, on average, some percentage of bets - house edge, different for every kind of game.
Outlays not known.
Estimate growth rate and the minimum ROI you need to invest.
If the value of BetKing comes to more than 7000BTC and you trust Dean, you are good to go. Smiley


Quote
For all we know you as the CEO could get paid 3000 BTC a year, and there is nothing any of us could really say about it.

I think Dean cannot pay himself 3000 BTC without the consent of majority investors. but he owns 70% stake, idk