Quote from: Pharaoh on April 08, 2013, 04:02:28 AM

Quote from: simplydt on April 07, 2013, 04:19:46 PM

How will we spend the raised capital?
50BTC will be to buy the game. 55 BTC will be to exchange to FIAT currency immediately to cover for server costs, company registration, shareholder agreement draft and have some capital in case we need to buy FIAT services for the web site.

Have you even seen the code of the game? How can you ascertain that the code is worth 50BTC? Also, 55BTC seems like a lot for server costs, company registration, shareholder agreement draft and misc services for the web site. Seriously, unless you plan on subcontracting out the development of the site, 10-15BTC should be more than enough.

The code is definitely not worth 50BTC, its php and mysql though, something I have years of experience in. As someone else said its the brand and current traffic level that is worth the money. Regarding the extra bit coin, an emergency buffer and extra capital are always a good idea for any business plan.

kakobrekla/mpoe: What exactly is your point? That because I havent signed up for OTC yet or spent a full 6 months studying bitcoin, I am not qualified to run this? I'm a bit confused but thanks for the pointer.