Post
Topic
Board Gambling
Re: BetKing.io What Is Really Going on?
by
JollyGood
on 31/07/2018, 11:10:02 UTC
How much is the BetKing Token worth?
Almost nothing as no one wants to buy it.  If people wanted it then there would be a value but as you can see the demand is so low that it's about as much use as a chocolate teapot.

Nobody understood why Dean Nolan needed an ICO when he already had a ready-made website. It seems as though maybe he lined his own pockets from the ICO funds by showing that he paid a developer to make his site. That site with plugin software would cost no more than a couple of thousand US$ if using a US based devleoper, or just around $500 to $1000 if using an Indian, Chinese or Vietnamese developer.

Dean Nolan really has made sure he got filthy rich which his investors lost everything. He has all the funds in BTC to spend as he wishes while his investors have Betking Tokens which are in equal measure useless as they are worthless.

Thank you for the HitBTC wall screenshot it proves Dean Nolan and his failed website have fallen badly. I remember until maybe a week ago the header on the betking.io website showed how many concurrent visitors there were online but since the number was between 5 and maybe 11 at max Dean must have got rid of that code in order to avoid embarrassment.

At the time of the ICO I was warning everybody about this "project" being a scam because Dean Nolan claimed he was a millionaire who did not really need the money to launch the website but decided to have an ICO to contribute towards the marketing and development. I asked Dean Nolan why he needed an ICO when the whole marketing and development would cost several thousand dollars at most and since he was a millionaire he can fund it himself but he then said he would refuse to answer any more questions. He claimed wanted to help investors make money and his bounty participants were flooding the thread with pro-Dean slogans.

Now the investors have been ripped off while Dean Nolan is in possession of the September 2017 ICO funds:

BTC - 1,046
ETH - 4619
LTC - 856

  Roll Eyes