/biz/ - Business & Finance

>>9850555

Im ready for my first X100 with 300k FUN

Yeah wtf all this FUD right before ICE

>>6851775

have some fun m8

Sold all

Will buy back 800 sat

>>6525394

I AM NOT SELLING

>>6376408
i know that feel, atleast they are now putting 1-5 btc sells and not 100btc sell walls

Buy FUN

it hodls value and about to skyrocket

>>6372432
Product release incoming soon, its bound to go up. Its calm before the storm.

I dont think people understand just how big a few things are

1. The top 10 bitcoin casinos, not counting all the other bitcoin casinos, and gambling sites for other coins, process just under $150 million, $1.74 billion a year, just for the top 10. Funfair can 100% grab at least that much. All of these crypto enthusiasts will be using it + the market will grow. So that market plus whatever percent of traditional investment
2. The licensing fees are brutal for traditional software platforms. They range from the flat fee of anywhere from $100,000 - $300,000 and a cut of annual profits to the tune of 10-35% +
3. Cut of player deposits to payment processors 2-5%
4. Chargebacks

The cryptocurrency gambling sites are going to be jumping on this, which is a huge chunk, but look at the percentages of the cut that traditional online gambling sites are paying right now. Minimum minimum fees are $100,000 + 12% and that’s way below what they probably are. Funfair will be charging next to nothing for people to use it’s software. These companies will be coming onboard in droves because they will be saving millions of dollars. I think Funfair will achieve massive market penetration way sooner than people think, and a lot of crypto casinos will switch to it and pop up once they’ve made it available and people start hearing about.

http://bitcoinist.com/2-5-years-3-7-million-btc-gambling/
https://www.gamblingsites.com/blog/much-money-online-casino-make-month-9315/
http://www.gameplayer-casinos.com/2013/03/26/costs-of-starting-an-online-casino/
https://bestnetentcasino.info/en/safe/how-much-money-gets-online-casino