Quote from: ubercool on Today at 04:06:03 AM

Most of the casino coins are lagging in price even when we are seeing good alt season. I have friends who have staked BET for 5 years and earning dividends but is it a feasible idea..? The team has to do something in order to increase the volume at the casino. 50$ welcome bonus will not do much for whales. Also why there is no advertisement from the team..? You guys can easily make signature campaigns or Twitter campaigns and pay the hunters in BET. If it continues like this then am afraid the players will fizzle out and stakers will get nothing. Roll Eyes

I see many talking about signature campaigns, but I really wonder if it helps, I don't think the community here is that big and basically if a thread has been around that long everyone on here already knows about it. They should market a much broader audience than just bitcointalk as it's such a small fraction of the whole community they can target. I have seen them advertise on CoinMarketCap, CoinGecko, different casino sites, they do have an active twitter. I have been in there Telegram for years now and I seen many different airdrop and bounty marketing activities. And to be honest I personally hate when a project does those airdrop/bounty marketing activities. The people doing them mostly hurt the project more than it helps. They clutter the telegram with bullshit comments, many of them use bots and they dump the native coin when they receive it.

To be fair they might be slow (I think they are at least), but what they deliver is good. I'd like to compare them to NEXO (al though be it on a different scale). NEXO is far slower than Celcius or Crypto.com, but when they do something it's well thought out, tested, and implemented with a long term sustainability in mind that just feels (and probably is) more sturdy and stable than its competitors. No comparison is perfect, but I hope you get the idea.

Anyway, asking if a 5 year stake is worth it? Depends of course on a lot of factors that can't be foreseen right now... the amount of dividends you get over those 5 years, which is depended on volume earnbet can generate, but also depends on how much is bought through the buyback program as less circulating supply means less tokens that can be staked securing more future dividends when volume goes up, but also what price BET token is at when his 5 year is done and can be unstaked and sold. All of this can't really be foreseen upfront. I guess when you stake for 5 years (like I did) you gotta have faith that long term the team will create value. At the very least the team also staked 5 years and want their own means of income to grow as well. It's their only way of income meaning the BET holders and the team are both in the same boat.

But as I have always said in every crypto project over the years. Crypto "investors" are more speculators and less of actual investors. They want to speculate on a quick increase in price of a project and cash out (without actually caring what the project is trying to achieve). It's fine, but they always start fudding and crying when after a few months or even after 2-3 years they see no ROI. But the reality is, it's just not how startup companies work. If they were any kind of real investors they would know that. But most just came in on the BTC/ETH hype train and expect to find the next coin that will do a 99999% increase over night which just is not realistic in most cases as it take many years.