bitcoinrush
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 16
Joined: Sat Oct 03, 2015 11:04 pm

Private Equity Partnership - Bitcoin Gaming Company

Wed Mar 22, 2017 5:53 pm

Executive Overview
Monster Byte Inc, an established technology company that specializes in the creation of online gaming software, and also owns and operates three different bitcoin casino and sportsbooks.

We actually listed our private opportunity on TheOCMX, which is Canada's largest and exclusive private equity marketplace. We have already secured $100k out of the $500k we were seeking, so we're pretty enthusiastic to close the round and get to work! Worth noting our deal on TheOCMX is non-exclusive, so you don't have to go through there is you don't want to.

Market Opportunity
To give a sense of the opportunity here, please note the following:
Today, Online Gambling is currently a $45.6 billion dollar per year marketplace.
1. Monster Byte Inc. estimates that Bitcoin-only gambling is currently around 0.7% of that ($322 million).
2. In the next 3 years, Monster Byte Inc. expects that to move to around 1.5%, while at the same time – Online Gambling will increase to $50 billion.
3. That would equate to Bitcoin-only gambling being a $750 million sector.

By virtue of Monster Byte Inc being a first mover and early to the marketplace, it will allow us to capture a large portion of the Bitcoin-Only Online Gambling market sector over time.

Competitive Advantages
The following are the competitive advantages Monster Byte Inc has over its competition:

Reputable, with no negative incidents – This sector can be rampant with abuse as there is little recourse for the customer to get their money (aka Bitcoin) back if the operator cheats them; all Bitcoin gamblers are aware of this and tread carefully with non-established properties. Monster Byte Inc. is able to capitalize on this by having a solid reputation, and credibility, within the community.

Own the intellectual property and source code to their properties – By virtue of owning all the software leveraged across all Monster Byte Inc.’s properties, it provides us with great flexibility to modify and adapt it without worrying about a 3rd party who will take their time, and charge Monster Byte Inc. erroneous development fees. For example, refactoring software to take Dollars or Euros is easily doable and something that can happen in under 3 weeks with no external costs.

Responsive, Mobile Friendly, Design – Monster Byte Inc. has built software with a ‘mobile-first’ mentality, designing all games, pages, and Sportsbook to work seamlessly across the various mobile devices, tablets, and desktop.

Early Bitcoin adopters with rich experience, and network – The original founder was an early Bitcoin adopter, first getting into the Bitcoin space in 2012. He has an intricate knowledge of how the Bitcoin software was designed and developed, and has a large network of peers in the space he can lean on to stay ahead of any technical innovation that comes with subsequent changes to the Bitcoin protocol.

Further Interest?
If you have further interest in this opportunity, you can check out the TheOCMX via the link above, or contact me directly via PM on this forum. Because of our organizational structure, the minimum investment is US $12,500 and based upon where you reside - you may need to be considered an Accredited or Sophisticated Investor to participate in this round.

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