So only 10, 000 bitcoin will be used for bankroll meanwhile he will pocket 40, 000 bitcoin. Well because why not? Why not just pocket $6, 000, 000 for launching a website lol.
Hi JohnyBigs, I think you misunderstand.
LetsDice has 5,000,000 shares. This IPO is only the release of 1,000,000 shares, @ 0.01 BTC per share. We are not trying to raise 50k bitcoin immediately.
JohnyBigs may mean IPO 10,000 bitcoin for 1,000,000 shares,and in total 2,000,000 shares should be better!