Quote from: AcoinL.L.C on May 09, 2016, 07:02:33 PM

Quote from: Mikers on May 09, 2016, 04:06:34 PM

Quote from: AcoinL.L.C on May 09, 2016, 02:19:57 PM

MoneyPot is not in the e-sports gambling industry, or even normal sports betting, my opinion on this is not biased. I would also like to point out I am not paid for posting Wink

I don't like watching people get duped, which is exactly what I am seeing here (I don't think GG's team did that intentionally). Sportsbooks typically see higher wagering volume than traditional casino games, yet this site can barely get 2 BTC in action. For comparison, the average mid level / upper level crypto casino/sportsbooks are doing a couple hundred BTC a day in action. Advertising will not change this. This site will never be profitable for investors considering the valuation people bought in at. While the site is not worthless, raising over 250 BTC for only a 10% cut is ludicrous for something that will make at most a dozen or two BTC per year.

Quote from: Mikers on May 08, 2016, 05:37:45 PM

Quote from: AcoinL.L.C on May 08, 2016, 05:29:11 PM

Lol, you don't need paid advertising to get traction. Most paid advertising in the Bitcoin sector actually generates very little user growth (or at least meaningful user growth).

They aren't going for the bitcoin sector, but for the outside world of gamers. The plan is to focus the marketing campaign on them, and it's not just some paid ads on google.

Outside gamers will not be using this site. The CSGO market is already extremely crowded.

So, your point is "if it's not popular in a month, it won't be popular, ever, no matter what is done". A bit premature, in my opinion, so we'll have to agree to disagree. And it's not just CS:GO, if you didn't notice.

Not what I was saying. And I believe they have been operating for over a month including Beta. The point is that it gets harder and harder to gain traction the longer time goes on without strong gains. Another thing... Alexa ranking is far from the greatest way to judge a site... But if your Alexa ranking is over 1.5MM there is something very wrong there. Again, this project is not worthless... Its just not worth even close to the valuation it ICO'd at.

I have been paying attention to their Trello and discord meetings, it seems they haven't even done any marketing until the last week.
That being the case it's obvious to me that it will take time for them to build a user base and they said something about game servers.
I'm still waiting for them to catch up to their valuation myself but that being said this shows some real promise.

albertocp

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