We are looking for help to translate a short version of our whitepaper (4-5 pages). Please reply with what language you can assist with and we will get back to you.

Payment in MOG tokens. Please name your price in euro/ether.


Thanks!

The special offer have ended! You can still support the ICO.

ICO website: https://ico.mogbv.com/
Million euro Jackpot website: https://explosivegambling.com/jackpot/

There have been hundreds of posts on how to spot a great ICO. The simple basics are;

• Read the white paper (I am not sure if people do this, it sometimes don’t look like it)
• Understand what is unique, how will this project be different to what is already out there (copies don’t live long)
• Make sure it is a legit project and not a scam
  

Then you also need to look beyond some of the key stuff that a lot of people use as quality preferences. Whenever I read about ICO Due Diligence two main factors are brought up over and over; ICO listing sites and the advisors. The more sites you find an ICO on the better is the project, and the more advisors the better. This is far from true, and people need to be aware.

ICO listing sites; People list their ICOs in listing sites as part of marketing. Most of these give the supporters no idea about the quality of the project (some rate projects, but at the same time make a statement that they take no responsibility…). Many even ask for money, so it is in fact paid advertising. The more you pay the better they make your project (or scam) stand out. So don’t trust ICO listings, this is a tool to find projects, they do not rate the quality of the projects (contrary)

Advisors; Most people might not know this, but advisors are not taken on board to help the investors, contrary, their job is to ‘protect’ the project and the people behind it. IPO’s (stock offerings) always use advisors (I guess this is where the idea came from for the ICO world), their role is never to look at after the investors, their job is to raise as much money as possible at the best deal possible for the company (and the worst deal possible for the investors). I don’t mean to say that all advisors for ICOs work like this, but there have been several projects which have no bright future and many of these has high profiled advisors. Also keep in mind, ICO advisors often get paid a % of the funds raised, so the more they sell the more they make. It would at least be better if the advisors got a fixed fee upfront and this was public information.

I did not address the team, even if they are the most critical part. The simple reality is that some of the best ideas, most valuable businesses, was created by unknown people. So don’t rule out an unknown team, do the same due diligence as with a well-known team and you might find that the unknown team has a better business idea.

There are clearly a lot of people trying to raise funds for ideas that are far from unique or very good. I think the main problem right now is that a lot of ideas are just old school business models where blockchain/crypto are being added without any innovation. For example, you want to launch an crypto business copying Amazon - what is the point, if crypto becomes the preferred payment option in the world Amazon will accept crypto, and your site has nothing - because you did not invent anything new. Blockchain enables us to reinvent businesses, why copy them? So when you invest, look for innovation. Innovations will take your potential ICO list down by 50% at least, dont invest in a project that do not reinvent, copies will always fail.

We are looking for someone who can assist with the promotion of our ongoing ICO. Being a fully operational business we are starting to see funds being raised by our clients (players) in fiat, but since we are less connected with the crypto community we could need some help with this. Please send PM with details and preferably pricing.

MOG is not am idea which was born from blockchain and crypto, our gambling project have been in the making for over 10 years. But blockchain is a key element to achieve our vision of 100% transparent and honest gambling.

In 2011 our founder, Steve, applied for a patent for our game concept, which document that we are far from a crypto hype, we are the real deal. Why not support a project that offer something truly unique, and is a fully operational business.

https://patents.justia.com/inventor/tor-steve-bowen

We are proud to announce that our ICO is live and that we offer a bounty of 5% for any investments made from people registering using your bounty URL. Referrals and their investments can be tracked in our back office. 5% will be paid at the end of the campaign (ends March first).

To get your personal URL simply register on our webpage. There are no additional requirements, simply share and earn. We also accept fiat (euro) investments, so the project can also be shared outside the crypto community.

https://ico.mogbv.com/

The vison of MOG is to transform the online gambling industry by introducing a totally new gambling concept. Being the first company which truly reinvent online gambling could enable us to become the Google/Facebook of gambling. Our goal is that by 2025 we will become the largest online gambling company in the world, with a possible valuation of more than $10 billion. Note that MOG is a fully operational business, we have been in business since 2016

When we started working on our ICO we had to consider if we should offer discounts, which a lot of ICO's do. We came to the conclusion that discounts and bonuses are a thin line away from fraud. In fact, projects offering volume bonuses are probably all scams, projects with massive discounts are not as easy to classify. I dont expect this to be a popular statement, but there is something really wrong with ICO's these days, they are getting more and more desparate.

I will break this down into the two main concernes:

Early supporters receive a discounts, so they clearly see this as what it is, a discount.
The majority of the supporters come later, and get no discounts. They received a penalty.
What business would penalize their biggest contributor? No real business for sure.

----------------

You have a project, its worth xx ETH/BTC/USD - whatever you used as a valuation model.
Then you decide that the first day it is worth 50% less of what you originally mean its worth.
The next day it is worth 30% less.
Then 20% less.
You get the idea

But the reality in the real world is the other way around. For some strange and unknown reason your project went up significantly in value from day one to day two. The same happened the next day, and the next day. For no reason your project are being prices higher and higher, the idea is the same, you havent launched any business during these days. In fact, you havent written a single line of code, and your project is going up in value. Why? Because there are no discount models in normal markets, you set a valuation on a business, this does not change from one day to another when there is no trading. A stock market on the other hand will vary in price from one day to another, the same goes for crypto exchanges. But no business, or project, can set a variable valuation. The world does not work this way.


The sad reality is that discounts and bonuses will probably be one of the reasons ICO's will become heavly regulated, and it will happen a lot sooner than we think. So the greed and close to fraud alike ways some of these ICO's raise money will eventually kill this marketplace. I cannot be the only one who see this?

I wrote a article on this, if you are interested:
https://medium.com/@mogico/why-ico-bonuses-and-discounts-have-a-negative-effect-on-the-ico-market-7b6324545c77

MOG ICO details - as request:

20 million tokens will be issued / 15 million tokens for sale / 5 million held in reserve to cover future cost and price pools (12 and 24 month lock)
(No tokens are set aside to the team as we are a fully operational business, our staff get paid and can receive traditional bonuses).

•   15% campaign costs and bonuses
•   10% online marketing over the next 24 months
•   35% development
•   40% jackpots for the first 2 years

Token price is 0.5 euro, the goal is to raise 7.5 million euro.
Token holders are in tittle to a profit share of 10%. In addition to this will they receive free tickets to our Jackpot draws, where you can win up to 1 million euro (our players need to spend 5 euro for a ticket, so this is an amazing deal for the token holders).

Our goal is to get 1% of the total lottery market to gamble with us, we see this as a lower end estimate as our lottery pays out 90% in prize money, compared to 50% with traditional lotteries. Our odds is also way better, our unique gambling concept enables us to keep the odds at 1:100 000 no matter the size of the lottery. Where do you want to gamble? Traditional lotteries dont stand a chance.

1% of the lottery market equals $1 billion in annual sales. 10 profit share equals 5 million euro paid back to the token holders. Which will be paid year after year. And while we are a long way from these numbers today, we will not only reach a billion in sales, we will grow way beyond this and create even greater rewards to our token holders.

What is truly unique with our ICO is that we back the tokens by real shares. If MOG goes public (stock exchange) token holders can exchange their tokens into real shares. We are also a fully operational business, so this is not a fund raising to prove a concept, we have been in business since 2016. You cannot get better security for a token investment than this.

Please check our our whitepaper for all the details:
https://ico.mogbv.com/


MOG ICO Team

Thanks for the feedback. We will get more into the details tomorrow. Damn stretched on time, but we are getting there. Looking forward to Friday and having the token back office ready and launched, then we can get more focus on what matters; what is in it for the supporters and why they should support us. We believe that this is the most realistic gambling project out there, mainly as we deal in fiat currencies (crypto will be launched in 2018), after all the gambling market is per today in fiat currencies. Add to this that we have truly reinvented online gambling and I think people will see the potential. If you read the white paper this refer to the first two games, what will come is way beyond this, but we had to start somewhere. This project have been in the making since middle of 2005, but finally today we have the technology we need to make it happen (blockchain will be a key element).

MOG Team

Massive Online Gambling (MOG) B.V. is a fully licensed and regulated online gambling company. We launched our first game in December 2016. Contrary to many projects seeking funding from the cryptocurrency community we are a fully operational business.

In 2018 we will develop our new gambling platform where blockchain will be a key element to ensure an even greater level of transparency. Our gambling concept is revolutionary as our players never gamble against the ‘house’, this model ensure fair play and transparency in itself, by adding blockchain we take this one step further and by doing so we will become the worlds most trusted online gambling company.

Our revolutionary gambling concepts also mean we return more money to the players than any other gambling company, 90%. This unique business model will help us become the world’s largest online gambling company by 2025. Note that we are not a cryptocurrency only gambling company. if you want access to the $400 billion gambling market you need to deal also in fiat currencies.

We offer a 5% bonus when you refer supporter to our project. The ICO back office and referral url’s go live this Friday (19.01.2018). Contact me if you want to be one of the first to get a referral url assigned. We also appreciate feedback on our project, it is different to most ICO’s.

https://ico.mogbv.com/