This is simply a difference of opinion and experience - I wrote the first live online casino software in the 1990s, our benefactor (investor) paid over 6million dollars before the company was profitable somewhere in the mid 2000's -- sure, there was a lot of waste and I wasn't in charge of things, but it is what it is - of course things have changed and you don't need to rewrite the entire streaming pipeline to make it possible today, but there is still a significant investment of time (and money) to get a software package of this kind ready for market.

Since then I worked with other companies, a number of them, which all rewrote their own streaming casino software, all of which cost them in the hundreds of thousands to develop prior to launching any sites or platform.

So no, in my opinion to have the benefit of all that experience but also the full source code of a system that would cost many times that to develop, 30k is not very much - again, in my personal opinion and experience.

Of course my opinions and experience must meet REALITY somewhere, and since nobody is buying it and nobody so far was interested, perhaps my experience has led me to make assumptions that are not (at least currently anymore) true.

If that be the case, then it is what it is, and I proceed as originally planned which will be a slow crawl to marketing. I will see how that goes.

Okay, good questions, please allow me to unpack them individually;

Why 30k;
1. The price is ~30k because we include full source code to a completely UNIQUE platform that literally nobody else has. Yes, there are other peoples versions of such systems, but this is ours, written BY us and used BY us - it is unique and is the pinnacle of years in this ultra specific niche. In this regard there comes the inherited opportunity to re-brand and on sell many times - by whitelabeling a software platform of their own they would now own, they can resell many such sites if they wanted.

Market is risky;
2. Yes, we agree it takes many thousands to invest into marketing with an unknown and sometimes a slow return on investment (and sometimes none!) when launching a new brand. It is difficult and fraught with issues, the risks are high but so are the rewards - this is the casino business... those two things go hand in hand. Most 'whitelabel' providers of live roulette software (bear in mind ZERO source code of game client, server or otherwise included) are typically in the 25k+ minimum range, with strict monthly contracts in the thousands before making the first dollar.

Why not roll your own;
3. Building the Casino platform is fairly typical you are correct, but building the game provision (game servers and game clients) of their own live streaming game from real casinos is not typical, and not easy and not fast or cheap. It happens yes but usually under the wallet of wealthy investors and bigger company plans, not as operators (such as this) but as 'providers' (which the buyer can easily become, since they get full source).

Why did we 'give up easily';
4. In the event of a sale, we would be giving away THIS platform (and source) and ready to move on to our NEXT platform with some marketing budget, moving us closer to an all-round success. We do not have a large bankroll and what there is must remain in the 'cashier' for players. We do not have the needed or estimated 5k-to-50k per month it would need in a marketing spend to really get it off the ground. Maybe someone else does so we make a good offer for them.

One of our goals is the development of the games and wish to provide these, eventually, to many sites - in that regard if we sell a few sites 'cheaply' early before marketing spend (so the WIN goes to the buyer if they market it) we gain a kitty we can launch our next site with a proper 6month marketing budget and reach a successful market position without inviting 3rd party external investors.

Why no investors ?
For the very same reason we are here today - because they can 'walk away' leaving a project incomplete and plans unexecuted, which is what occured here. We HAD an investor for the bankroll and marketing, we were ready to launch - however once we opened they walked away and we are left high and dry, with no real way to approach the market successfully as quite literally ALL marketing costs money.


Don't get me wrong, I very much agree with what you've stated - and as having worked in this industry (and been a part of many successes in the past) I know what it takes better than most and marketing is right up there at the #1 position. If you care for an anecdote I have always termed this issue "farting elephants". What I mean by that is it really does NOT matter what the product is, it could literally be farting elephants (look out there at what actually makes money) - what makes a success is what is marketing right, not what is the best product. So endlessly perfecting 'the best product' is not the path to success, but any path to the fastest or best marketing is. Farting Elephants.


This is a really good and important conversation to have - not just for a buyer but for anyone in the industry - and they are great points you have raised.

thanks we will do that, cheers.

No - it was not sold - there is no new owner. If it sells we would of course inform this thread and edit the main post with that information.

Our plan now is to continue with a slow marketing strategy, unless an investor comes on board to speed thing sup, and build it up slowly.

You are right that is exactly what we are hoping - we will stick with it and gain a marketing budget eventually - in the meantime the site is bankrolled and operational and has no issues whatsoever, and we have new games coming onboard soon.

Yes of course, I agree - we did have a marketing plan and marketing budget, but as explained above our partner who was funding that part of the business walked away prior to launch leaving the site without a startup marketing budget. It takes a significant financial investment to initiate the marketing, I am not talking about 1 or 2 banner ads or maybe a cheap email spam campaign

Anyway, I appreciate your input and agree with you.

It's not sold - we never got any offers so we are proceeding with the site operation and will start a real marketing campaign soon!

Yes, we started a few months ago - our partner who was to be doing the marketing never materialised so while we have the site operational and a bankroll, we do not have a marketing budget and hence have not initiated any significant campaigns - so the site has been slow to pick up much activity. Of course we plant to add more games eventually also.

With the right partner and marketing, it could be great!

Good questions!

Since it is a unique bespoke site, already launched and operational and also includes source code including the source code of the games themselves and gameservers (not a common thing) then 1btc in our opinion is actually super low.

No we would not sell it if we do not meet a minimum price, we will just continue and build the site up.

Oh, we are not stopping service - if nobody buys it, we will continue and just build up the marketing slowly - but otherwise we want the new owners to cotinue the site of course (or why else would they buy it) - so no plans on stopping anything

That's good advice - I think we can start at 1btc as a starting point.

It's not really an auction in the typical sense, it is just open for offers and the highest offer would win -- unless it is a partnership offer then the marketing resources and plan count.

As for the wrong section, I was following the guidelines and even the title is verbatim what the top-pinned-post gives;
quote;
"Good examples of new threads:
"Bitcoinduit | Selling Site To Highest Bidder. 20% of profits must go to charity." -newsworthy
..."

So if I did something wrong, oops! I do try to follow the rules.

We will consider listing in other avenues, thanks for the tip!

You are right of course - we are also open to offers if someone wants to become a marketing partner with us and we relaunch/market/push the brand properly! Totally interested in that if the right person reads this, hit us up

Thanks! We will still operate the site if it does not sell, and may launch another in the future if and when we have developed more games and more importantly, have a marketing budget available. What actually happened here is one of our partners who was going to bankroll the marketing stepper away pre-launch and this caused a financial vacuum stopping us from executing our marketing plans.

Game Selection;
You are right that we need more games, however having to code them ourselves is taking a long time - we did not want to offer 3rd party games because A) they require a license B) high integration fees and monthly minimum contracts and C) they may disagree with the site Ethos of Anonymity. We hope whoever operates the site can find the right slots games provider where those issues are no concerns.

LIVE Feed Provision (included);
Really excellent point: we would offer a monthly contract or revenue share for the continued ongoing provision of the live feeds - we have license to the source feeds via another company and can continue to offer these to whoever operates the website. We would include some months free, no monthly minimums and a basic capped fee - ensuring there is only a cost when there is revenues and always low enough to ensure profitability of the site.

We recently launched a site called NAKAMOTO ROULETTE .com

While it has had some interest, we have not had the marketing budget or partners to push the site to make it a success, and it really can be with the right person!

After developing and recently launching the site, NakamotoRoulette.com - We have decided to sell.

So we would be VERY interested in finding the right partner or just selling the site to someone who wants to operate it, under the same ethos it was founded upon.

Sale includes website, server setup (in AWS), live roulette game source code (javascript, nodejs, python), result fetcher, etc. The LOT!

HIGHEST BIDDER WINS!

We restarted some services, video relays etc, we hope this has resolved the issue ? please let us know if it has not.

To get a faster response you can always email admin@nakamotoroulette.com to get a resolution quickly.

Okay, but unfortunately there is no such thing as a 'registered casino' which can take players from everywhere, and certainly not anonymously - which are both things we want to provide.

The way licensing works these days (it was different in decades past) is that each jurisdiction has its own licensing authorities - want french players ? you need a french license. Want to allow USA players ? no such license exists. Want to accept Australian players ? impossible due to existing monopolization of licensing, etc.

So there simply is no path or method or system for providing what 'everyone wants', it is always going to be a compromise, unfortunately.

We err on the side of privacy and freedom and hence, have no licensing restrictions by simply not having one.

It is working for us - do you get any kind of error ? do the pages come up and the problem is in the game or the website ? if you email info@nakamotoroulete.com  we would love to resolve this for you.

Sorry, there was a temporary technical issue with certificate - it has been resolved and the live games are online.

We are very much still active - we just did not have any questions or comments asked to reply to -- of course we will be adding more games which we are actively working on, including RNG (random number generated) versions of games, which we will include provably-fair versions, it will come.

For the time being it is live roulette games of which we have no control over the result whatsoever, so in that regard it can be trusted as we do not generate ANY result.

We have had exactly zero complaints or unpaid players -- and we intend to keep it that way! try it and see! - withdrawals are not manually processed, they are automated and instantaneous when using lightning!

Yes, some sites in some situations can be compelled to do various things - but not in our case - we will never release ANY data to any 3rd party or government anywhere, from any country. We would just as soon delete it than to share it. It just wouldn't happen - also, we don't keep any personal data anyway due to our strict ZERO-KYC-EVER policy.