Quote from: actmyname on August 03, 2017, 08:27:47 AM

Quote from: mijkrofl on August 03, 2017, 08:19:49 AM

Can anyone link me the ICO topic which isn't closed, or is there no other topic after the one which closed?

I have two questions;

How is it possible that the funds raised have no limit if the coincap is 100m?
Why did you close in 2016?

1) Token cap is 100M. Buyback price is based on funds raised.

http://i.imgur.com/z2fvUgD.png

Funds raised / 70,000,000 = Price per token

2) Closing was due to Dean wanting to take a break, IIRC.

Quote from: BetKing.io on December 30, 2016, 06:59:03 PM

Quote from: DarkStar_ on December 30, 2016, 05:52:03 PM

Sucks to hear that you will be closing. Any chance I could know the reason you have decided to close?

It's been almost 4 years I've worked on BetKing.
I've done it mostly by myself except from some help here and there but the majority of the time it has been me that deals with development, marketing, promo, support, security, looking after others funds, dealing with abuse Wink

etc

Almost every other dice site has more than one member of staff, at least some support staff.

I wanted to make BetKing the #1 Bitcoin gambling site for dice, casino, sports and poker.
It's going to take far too much time on my own to get there

(I had a lot of devs let me down over the past 2 years too slowing things down a lot)

The reason I tried to sell shares during the ICO was to raise funds to hire the right people to actually try to make this happen.
But we failed to raise the funds needed. Mostly due to bad timing with it being the end of year and Bitcoin price rising fast and a not so well thought out pitch

I also gave away between 3-400 Bitcoin in promos, prizes etc and made what I feel is the best dice site that is easiest to use over the past 2 years.

But apparently according to the stats on some sites not everyone agrees Wink

BetKing is very profitable and I have made good money off of it but I'm not the type of person to settle for being #2 at something.
It's a very unhealthy obsession that has started effecting my daily life off of BetKing which isn't good

.
I could leave it open and neglect it and still make a very good living but I wouldn't be happy with that.

So I've decided to close instead.

I've not decided what I will do instead but I know I'll be taking a long break after everyone is cashed out.

Thanks for everyone who gave support over the years.

gl

Anyone can feel free to correct me if I'm wrong.

Thanks alot, but regarding 1).

How to determine how much tokens you get for lets say 1 ETH? If there's no contribution cap, you may run out of tokens if the max is 100m.

Lets speak hypothetically;

A person gets 1 million tokens for 1ETH, and people contribute 101 ETH... then what? That would be 101m where the max is 100m? Or maybe i misunderstand your explanation? How many tokens will be give for like 1 eth?