Post
Topic
Board Scam Accusations
Re: SCAM Alert-Betstreak posted excessive profit number for raising ICO fund.
by
amagra11
on 16/09/2017, 22:59:05 UTC
Perhaps this will help:

On their whitepaper, they say "We accept fiat currencies such as EUR, USD, CNY as well as Bitcoins, and all our games are with licensed providers."  You're only calculating their profits with the amount of Euros and Bitcoins they accepted.  You need to include the other currencies they accept.  If you do, the profit margin will be much lower.

This is the whitepaper:
https://ico.betstreak.io/wp-content/uploads/2017/09/betstreakwhitepaper.pdf

The quote is from page 3.

Edit:  I realize that they only tell how much Euros and Bitcoin they accepted in the whitepaper.  I don't know why; perhaps it was because they accepted a lot of fiat currencies, and it would be tiring to list how much they accepted of them all.  But without those numbers, your calculations are way off.