Post
Topic
Board Securities
Re: [CryptoStocks] Satoshi Poker IPO
by
BitcoinFlush
on 17/10/2013, 17:02:34 UTC

Please post your deposit address validating your rake per day claims.
Please post some graps/docs of player volume

About the costs, you are saying you paid 90k for a software that by your own words does not meet the "minimal industry standards" 5-6months later. Then you now want to buy the source of this "outdated" software for 100k, for then to pay another x amount for the new software (additions?) that will be done in December. Sounds like a great plan.

http://www.youtube.com/watch?v=vpnxd31y0Fo


You are totally misquoting me. I paid $40k for the current software which was the desktop client and the html5 client (see https://satoshipoker.org/html5).
Im not remotely interested in buying the source of the current client. Enterra rebuilt their software applications from scratch making them fully communicate and native for the mobile users. They charge $90k license fee for all their clients which are: 1 windows desktop client, 1 MacOS client, 1 native android app, 1 iphone app and 1 html5 client. We already own the licenses for our current software. The $90K is to buy licenses for the new bundle package and the $100k is the price tag to get the source code of every one of these products so we can put our own team up to devellop this.

We don't charge rake to a bitcoin address. The rake is deducted from player accounts by our backend and thus we get a surplus in our hot wallet. On weekly basis we check the total player balances and the funds in cold storage and if needed add some funds to these cold wallets. If not needed we use the funds for marketing or promotion. With the IPO we will automatically reserve 50% of all rake in one player account so we can see exactly how much has to be paid out. We will have that account withdraw to CryptoStock and pay out the dividends. I will post you some graphs and statistics tomorrow, even though you are not interested to buy. I had a 3-day session preparing for this and I am in Bangkok time zone. I'm going to get some sleep first.