Quote from: deeltje on November 05, 2017, 05:59:12 PM

Quote from: bit-joker on November 04, 2017, 07:25:30 PM

Quote from: earthcoin on November 04, 2017, 07:18:35 PM

Quote from: duncan-fansunite on November 03, 2017, 07:48:16 PM

Quote from: earthcoin on November 02, 2017, 06:22:36 PM

Quote from: JonnyFU on November 01, 2017, 06:39:41 PM

Quote from: earthcoin on November 01, 2017, 06:01:18 PM

Quote from: JonnyFU on October 31, 2017, 11:46:43 PM

The platform wallet will allow bettors to bet on our web-based platform (and mobile from your browser) as soon as we launch our beta. Our timeline for the mobile app, which will include the wallet, is conservatively set for 2019 - though we internally hope to best this timeline depending on hiring etc.

The platform wallet will allow bettors to bet without worrying about paying transaction costs associated with placing a bet.

Okay I want to understand this fully. The transaction costs of placing a bet is different than the .5% fee I've heard about?

Our fee is actually 2%, this is baked into the odds we offer so you'll be paying $100 to win $98... if there's a matching $100 bet on the other side that loses then they just surrender that $100..... so off of a total of $200 laid down, FansUnite earns $2 which is a 1% margin / vig.

The transaction costs we refer to above are actually Ethereum gas costs, which you would be subject to paying if you elected NOT to use our platform wallet and just sent FAN to our bet smart contracts via metamask or myetherwallet.

So those are the only fees? No loading fees, etc.?

No other fees from our end. Our aim is to give bettors the best chance at profitability, and in pursuit of that, we are cutting costs everywhere we can. There will definitely be no hidden costs either.

That's like 33% cheaper fees than I've ever seen.

Yeah I can't find anything cheaper after googling for it.

I'm not sure if it's even possible to have cheaper fees and still have enough to pay for the project.

Which is why having an ICO can be useful. They have a financial cushion, and as the token value goes up that's more money that's not needed from fees.