If I thought there was a chance old players would play and I had the time I would open it to players again and any profit the site made would just go to investor refunds.
If that was the case I would close the site the moment the last token was refunded.
This is a defeatist attitude one would not expect from you. What has changed for you to hold this view?If that was the case I would close the site the moment the last token was refunded.
I have no long term goal with the website or brand and have no interest in trying to make a profit with it.
The question arises: why have you given up on it? (I am not saying you should or should not give up on betking because my perspective as a non-token holder would depend purely on what you claim your intention is).It would be a waste of time since you destroyed the reputation of BetKing on this forum with false scam accusations and very good SEO techniques
. The competition is too big now too. It was over 6 years ago that BetKing was on top. It's not possible to compete with sites like Stake who have billions of $ for marketing.
It would be an uphill losing battle at every step.
I also have no desire to operate a casino any more. That is not an easy job to do with the amount of abuse you receive as any operator here would be able to confirm.
If it is purely to allow those holding BKB/BKT then it has to be funded from somewhere.
There is confusion because there is a contradiction. On one hand you say you have no interest in making a profit from the website and also you would close it after the last token was refunded yet you said it is privately funded. Can you elaborate because if $2 million worth of tokens were outstanding and only $44,000 was recently refunded (or brought back in the sale), how do you intend to make all token holders whole again? Do you have $2 million worth of investment to pay all those funds back if token holders try to sell them back to you?
There is confusion because there is a contradiction. On one hand you say you have no interest in making a profit from the website and also you would close it after the last token was refunded yet you said it is privately funded. Can you elaborate because if $2 million worth of tokens were outstanding and only $44,000 was recently refunded (or brought back in the sale), how do you intend to make all token holders whole again? Do you have $2 million worth of investment to pay all those funds back if token holders try to sell them back to you?
It would be privately funded if I chose to open again. Not looking for new investors or any public bankroll model. I can get the funding no problem for bankroll. But that wouldn't guarantee the site being profitable due the issues mentioned above.
My time is best spent elsewhere where I can actually make money to refund investors instead of struggling with a brand damaged site. I spent too long trying that.
Can you elaborate because if $2 million worth of tokens were outstanding and only $44,000 was recently refunded (or brought back in the sale), how do you intend to make all token holders whole again? Do you have $2 million worth of investment to pay all those funds back if token holders try to sell them back to you?
Of course I don't have $2mm to buy them right now, if I did or did have at any point in the past 4 years I would have already.
This is funds I am paying out of my own pocket from earnings elsewhere.
Keep in mind I don't need to do that, I have no legal obligation to do so, no investors were scammed. A lot of investors already made profit. Anyone who is refunded would actually make a profit due to the token price and ICO discounts. There's no other site operator who did an ICO that would do what I am doing.