Quote from: marechoux on July 11, 2014, 05:21:03 AM

Quote from: leaguecoin on July 11, 2014, 02:01:04 AM

Quote from: marechoux on July 10, 2014, 10:15:14 PM

Quote from: leaguecoin on July 09, 2014, 06:19:42 PM

GGWP.CO FAQ

1. What do I use to bet?
GGWP.CO will accept LeagueCoin as betting currency (What is LeagueCoin and how to get it?)

2. Any fees?
We will take a 5% fee of the prize pot to pay for server and development costs.

3. When will I get my payouts?
We will send out payouts as soon as the match ends. After payouts sent, you can check it on the match details page.

4. Do I need an account?
Nope, just send your LeagueCoin to the team address you want to bet, and you are good to go!

5. Missed transaction?
Normally it takes at most 5 minutes till your bet shows up on details page, please contact us ASAP if you did not see your transaction for more than 10 mins.

6. Can I send bets from exchanges or TipBot?
No you can't, please send bets from your own wallet.

More questions please contact ggwp@leaguecoin.co or @GGWP_CO on Twitter.

I hold some LOL and I believe it's a very good coin but I disagree on 1 point, the fees of 5%.

If you are doing that, you have nothing better than any other dev who is doing e-sport bet with bitcoin, it is just worst cause LOL coin is far behind bitcoin, we have to admit that.

So to avoid any competitor who would like to do e-sports betting you should put 0% fees.
I understand you want to make money + there is server cost + time spent, but if you believe in your coin you should have tons of LOL coins.

So if you want to be the only one used for LOL bets just don't put any fees and then you will become THE coin for LOL cause no one will make a website in bitcoin for 0% fees, for you it is different you are a big bag holder of LOL coin (I hope so ), so if the coin get a high value you can sell regularly few to get paid and you will find other way to get money in the future with LOL coin.

So what is better? get 5% on few bets wothless or doing bets without fees but have a coin with huge value?

I know I am exagerating the whole thing a bit but there is something true in my words.

So what do you think about this?

No problem, starts from 7/12 GGWP.CO will be 0% fee for 1 month, and with 0.5% fee after that. Let me know what you think

It's much better, thanks to be positive to your community, gj devs Wink

Good to hear!