BetKing Relaunch
BetKing is back on September 4th with highly anticipated new and improved software.
About BetKing
BetKing opened in April 2013 and by the end of 2014 quickly became the most popular crowdfunded Bitcoin casino.From 2015 BetKing had the most wagered volume of all crowdfunded gambling sites, 400,000 Bitcoin, almost more than all competitors combined!
With a 6000 Bitcoin crowdfunded bankroll BetKing was the most trusted dice site with the highest betting limits. All 6000 Bitcoin were returned to investors when we closed in December 2016.
Why join the ICO?
BetKing made a profit of almost 7400 Bitcoin in a little over two years!This was with one simple game and minimal marketing.
We will be launching and marketing brand new exciting games and services.
We have a list of 3rd party partners already interested in integrating with our new platform.
BetKing Bankroll Token Crowdsale
Distribution
100,000,000 BetKing Bankroll Tokens will be created as Ethereum ERC23 tokens and issued after the crowdsale ends.70 million will be available for sale to crowdsale participants.
30 million will be retained by BetKing for ICO bounties (1%), testing bounties, advisors, hiring, future marketing and development.
BetKing Bankroll Tokens can be purchased with Bitcoin, Ethereum, Litecoin and Dash. All funds will be held in cold storage.
Use of funds raised
After the crowdsale at least 50% of the funds raised will be used for the house bankroll that players bet against and winnings are paid from. The remaining funds will be used for marketing, promos, seo, design, development, server costs and legal.Profit Distribution
A percentage of the profit made from bankrolled games will be used to buy back BetKing Bankroll tokens from holders. All profit made on bankrolled games will be audited and made available to token holders as was done in the past with the crowdfunded bankroll profits.Bankrolled games are games where a player plays against the house such as dice, blackjack and other casino games as well as 3rd party partner casino games. Player vs. player games such as poker are not.
Early Discounts
- 1st week 15%
- 2nd week 10%
- 3rd week 5%
- 4th week no discount
Pre-sale
You can purchase tokens with a 25% discount in our pre-sale up until the 30th of July 12am UTC.The pre-sale has a cap of 1000 Bitcoin and 387 Bitcoin has been raised so far. Email admin@betking.io if you would like to participate.
Previous betking bankroll providers are not elibigle for 5% additional on the pre-sale tokens but can still get discount in the regular sale.
Token Price
The total funds raised will determine the price per BetKing Bankroll token. We will take the total value of all funds at the current exchange rate at the end of the crowdsale to determine the total raised funds. E.g. If we raised $1,000,000 then the price per token would be $0.014 (1,000,000 / 70,000,000).The buy back price offered by BetKing will be based on the current total bankroll profit. So for example if the price of the token at the end of the crowdsale was $0.014 and the bankroll profit was $1,000,000 then the buy back price would be $0.024 (1,000,000/100,000,000 + 0.014).
Every quarter BetKing will offer to buy back up to 10% of a holders tokens at the current buy back price.
Token holders may choose to sell offsite to 3rd parties or on any exchanges that may list BetKing Bankroll Tokens if they require more liquidity.
Terms
The crowdsale will start on the 7th of August (00:00 UTC) and end on the 4th of September (00:00 UTC).There is no cap on the total funds that can be raised.
There is no minimum amount needed to be raised for the crowdsale to be successful.
BetKing Bankroll Tokens are intended to be used to invest in the bankroll on BetKing only.
BetKing Bankroll Tokens are not a share in a company and have no voting rights.
Roadmap
Q2 2017
Beta version of the new Dice game and platform.Q3 2017
ICO crowdsale. Blackjack and Roulette completed. BetKing relaunch.Q4 2017
Mobile apps. More casino games. More partners.SegWit integration (if activated). Research Lightning Network integration. Ethereum Smart Contract Betting.
2018
Poker. Sports betting. Store.Bounty Program
Join our bounty campaign and help us spread word about the BetKing ICO. You will be rewarded in BetKing Bankroll Tokens.
We will reward 1,000,000 (1%) of the total BetKing Bankroll Tokens to bounty participants.
To earn BKB tokens you first need to sign up to our bounty program at https://bounty.betking.io with your email address. Your tokens will be credited to that account when the ICO ends.
After signing up start spreading BetKing ICO information via one of the methods below.
Each task will earn you bounty stakes. Once the ICO has ended the 1,000,000 BetKing Bankroll Tokens will be distributed proportionally to stakes in each of the following categories.
- Bitcointalk Signature Campaign (35%)
- Twitter reposts (20%)
- Bitcointalk translation threads (15%)
- Bug Bounties (15%)
- Blog articles (15%)
My Contact
Bitcointalk Username : nor9866
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=59586
Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=59586
