Betstreak ICO | Crypto gambling site | About to interview the founders | Anyone have any questions?steemCreated with Sketch.

in #ico7 years ago

The Bitcoin and fiat accepting online casino Betstreak is about to start an ICO. If you have read my other posts on gambling ICO's you will know that I interviewed and invested in BetKing and BitDice

I do not know a lot about Betstreak and their ICO aside from the details of the whitepaper here.

Having reached out to the site admin they agreed to answer any questions I have and I will then publish it on my Bitcoin Millionaire Businesses page. 

So if you have any questions you want answered then please let me know.

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questions:

  • Would you accept stable coins such as bitusd or steem dollar?
  • revenue/dividends: any risk of being declared as security?

Good questions - I will ask.

Only 30% of the profit is shared?

I read 25% then the 5% buyback they will do. Extremely low still. Good question though. I also will ask this:

"Only 20% of the ICO will go to the bankroll – how big is it now? You won't need more than 20% to get the biggest players?"

@btcmillionaire,
ICOs are an interesting topic! But now this field seems complicated by thousands of bad projects or scammer involvement! So, I think better we stay with ongoing reputed projects! Most of ICO owners are promising us everything but I don't know how many of them really willing to bring that project to the next level!
This is my personal viewpoint about ICOs. Anyway I wish you for a good luck and thank you very much for sharing such useful information with us too! Really appreciate your effort!

Cheers~

I also do not like the majority of ICO's however I have been in the Bitcoin Gambling Space since 2014 so I am interested by the gambling ICO's. This gambling ICO's are based on sites that are already making solid cash flows so it is very different than a site promising to potentially make money in the future.

Don't have my own questions yet, since I am not investing in ICO, because I have no experience, but would be interested to read what others ask and see how a proper research is done before making the investment.

Yeah there are some interesting nuances in this ICO versus some of the other gambling ICO's

I'll check it out, thank you for the post.

As an update I have sent off the questions asked here :) will put the answers up in a few days.

The acceptance of Bitcoin in casinos and other places of fun and investment are taking on importance due to confidence in this type of economic transactions.

your website has covered it all if any doubt i check there always :)

Thanks for your post and great update ico. 100% like and resteem