Online Cryptocurrency Casino BetKing Set to Relaunch the Platform Following the ICO, Starting August 7, 2017

Bitcoin Press Release: BetKing to revive the Bitcoin casino platform, announces ICO on August 7, 2017.

July 4, 2017, London, UK – The popular online Bitcoin casino, BetKing will soon be back in business, with a new upgraded platform. The platform’s relaunch will follow an ICO campaign which will begin on August 7, 2017, and go on until September 4, 2017. The BetKing ICO will offer investors and patrons an opportunity to support the relaunch by purchasing BetKing Bankroll Tokens.

The new avatar of BetKing will integrate lots of new features including new casino titles and support for additional cryptocurrencies. Launched initially in April 2013, the previous version of BetKing had a successful three-year stint to become one of the most popular online casinos. However, not satisfied with the present offering, the platform issued profit payouts to all its members and suspended operations in December 2016 with an intention to relaunch the next year.

The soon to be launched updated version of BetKing will offer new, provably fair casino games like Blackjack and Roulette while supporting Ethereum and Litecoin. The new platform will also allow casino websites and app owners to integrate BitKing with their platform. Under the new model, BetKing will look after user accounts and bets, while casino and app owners concentrate on developing their own unique games and promos without worrying about bankroll funding or security issues.

Following the launch, the casino will include sports betting, poker, other casino games and tournaments. The company will unveil its feature-rich beta platform next month, to give users a feel of what to expect from the upgraded BetKing. It will also provide full mobile app support for iOS and Android devices.

Why Join the ICO?

During its three years of operation, BetKing made a profit of almost 7400 BTCs from a single game (Dice game, which wasn’t added until 2014) with virtually zero marketing. With plenty of games, support for multiple cryptocurrencies and a strong community following, the platform is more than capable of recreating the magic, on a much bigger scale.

The casino platform is offering a total of 100,000,000 BetKing Bankroll Tokens, of which 70 million will be made available for purchase by participants, and the rest retained by the platform for bounty payouts, operational and marketing expenses and other team-related costs. Investors can buy the tokens with Bitcoin, Ethereum, Litecoin, and Dash. The received funds during the ICO will be held in cold storage.

The casino will be utilizing at least 50% of the funds raised during the ICO for the house bankroll that players bet against and from which the winnings are paid for. The remaining funds will be used for marketing, promos, SEO, design, development, server costs and legal.

Profit Distribution

The casino will utilize a percentage of profits made by bankrolled games to repurchase the tokens from holders. All profits made on bankrolled games (where a player plays against the house) will be audited and made available to token holders as it was done in the past with crowdfunded bankroll profits.

BetKing has early bird discounts in place to incentivize investor participation. Those investing during the first week stand to receive a 15% discount, 10% during the second week, and 5% during the third week. An extra 5% discount will be available for previous BetKing bankroll providers regardless of what week they buy.

Token Price

The total funds raised during the ICO will determine the price per BetKing Bankroll token. The platform will consider the total funds at the rate of exchange during the time of ICO’s conclusion. E.g. If the company 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 the casino will be based on the current total profit. Eg. 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 buyback price would be $0.024 (1,000,000/100,000,000 + 0.014).

Every quarter the casino will offer to buy back up to 10% of a holder’s tokens at the prevailing buyback price. Token holders may choose to sell the tokens to third parties or any exchanges that might list BetKing Bankroll Tokens if they require more liquidity.

ICO Terms

The crowdsale will start on August 7, 2017 (00:00 UTC) and end on September 4, 2017 (00:00 UTC). There is no cap on either the total or the minimum amount of funds that need to be raised for the crowdsale to be successful. BetKing Bankroll Tokens are intended to be used to invest in the BetKing’s bankroll only, and it will not imply a share in the company or offer any voting rights.

Learn more about BetKing here – http://betking.io/
Learn more about BetKing ICO at – http://betking.io/#ico

Media Contact

Contact Person: Dean Nolan
Contact Email: admin@BetKing.io
Location: London, United Kingdom

BetKing.io is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

 

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Premium Live Broadcast Entertainment Hub RasputinOnline Announces ICO

Bitcoin Press Release: RasputinOnline, a premium live broadcast entertainment hub is offering investors a chance to receive a share of profits from the company through its upcoming ICO.

July 4, 2017, Tallinn, Estonia – Estonian online entertainment platform RasputinOnline has announced that it will be launching an ICO to give individuals a chance to invest in the company and receive profit for holding its native ROC tokens. The live adult entertainment hub offers members the ability to interact and connect with the company’s in-house models, from across the world. The ICO is set to launch on July 20th, 2017, at 09:00 UTC

RasputinOnline’s premium online hub is something like an interactive ‘Big Brother’ type environment, in which dozens of live models interact and live within custom-built studio sets. A typical studio set would be a large open space ‘party house’ where up to 90 models from around the world are filmed by up to 100 camera’s streaming live, in HD quality, 24 hours per day.

The platform allows subscribed members to access live video and audio feed from strategically placed cameras around the party house. In addition, they can also opt for private interaction with the housemates through one of the 30 Live Showrooms, communicate with them over an open chat room and tip them at any time. The profits from Live Showroom will be distributed quarterly to the ROC token holders.

RasputinOnline offers members an opportunity to vote on the themes and activities for weekly events at the party house. They can choose their favorite model to take yoga classes, painting or piano lessons, and also buy gifts for them. The party house is designed to accommodate changes to improve the interaction between members and the housemates.

What is Rasputin Online Coin?

RasputinOnline will offer 5 million Rasputin Online Coins (ROC) for sale during the upcoming ICO. The ROC’s are ERC20 compliant tokens created and operated on Ethereum smart contracts for increased transparency and safety. The total number of tokens generated is fixed, and upon completion of the ICO, any undistributed ROC tokens will be burnt to conserve the value of those in circulation.

ROC token holders will be entitled to receive quarterly dividends based on the net profits of Live Showrooms. 100% of the Live Showroom post-tax profits will be distributed in ETH as dividends to all ROC token holders.

ROC can also be redeemed for any services within the website at a 20% discounted rate to fiat purchases and redeeming a ROC token will also grant three months of free membership.

Why an ICO?

RasputinOnline believes that there is enormous potential for unique companies like themselves to integrate their service with cryptocurrency and blockchain technology.

The company has already completed phase one of the project, investing over $1.05 million, which resulted in a customized broadcast studio with 20 live cameras and 3 Live Showrooms for the models to perform, living and party areas, gym, outdoor spa area and bedrooms to house 12 models. Essentially, it’s a testing bed for the whole project, a demonstration for ICO contributors and is the stepping stone to Phase two.

Phase two involves construction of a large broadcast studio housing 90 models, there will be 30 Live Showrooms for the models to perform to the public as well as large living and party areas, a gym, spa, swimming pool, bedrooms and of course 100 new cameras broadcasting everything 24 hours per day, 365 days a year.

RasputinOnline is raising funds through their ICO to help complete the second phase of development. If the fundraising target for phase two is not reached then the test studio (Phase one) will be adapted and later launched as the primary broadcast studio.

The ICO crowdsale will commence on July 20th, 09:00 UTC and will continue for exactly 40 days. The ICO price per ROC token will be $2.75 for the entirety of the 40 day crowdsale period. Of the 5 million ROC tokens minted 3 million will be sold in the ICO crowdsale, 1.4 million will be retained by the company, 0.5 million will be split amongst the development team and 0.1 million will be reserved for bounties. More details regarding the ICO will be accessible on the official website.

Serious investors can receive a 30% bonus on ROC tokens for presale purchases of over $7,500, by contacting the company via email, before the beginning of the ICO.

Learn more about Rasputin Online Coin at – http://ico.rasputinonline.com
RasputinOnline Whitepaper is available at – https://ico.rasputinonline.com/ROCWhitepaperV1.5.pdf

Media Contact

Contact Name: Larissa Krivova
Contact Email: larissa@rasputinonline.com
Location: Tallinn, Estonia

Princess Group OU is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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MBit Casino is Paying $50,000+ in Monthly Tournaments & VIP Rewards

Ever since launching their website in 2014, mBit Casino has been one of the most popular online Bitcoin casinos. Players have enjoyed gambling with Bitcoin at mBit because of the friendly 24/7 live support, huge monthly tournaments (for both slots and table games) and their rewarding VIP Program.

Recently mBit Casino’s monthly tournaments have been paying out big money through prizes. Each month, 40 players share in the 15 BTC combined tournament prize pool. On top of this, players can also exchange their VIP comp points into bitcoin and free spins.

Through all of these avenues, mBit has been paying out over 20 BTC in monthly prizes, which today is more than $50,000! This doesn’t even include all of the amazing everyday bonuses, welcome bonuses and weekly cashback offers which are also available.

Monthly Bitcoin Tournaments

Every month there are two tournaments available at mBit Casino; the 10 BTC Slots Tournament and the 5 BTC Table Games Tournament. The Slots Tournament rewards the top 30 slots players each month with a total prize pool of 10 BTC while the Table Games Tournament rewards the top 10 Table Game players with 5 BTC in prizes.

Players accumulate points throughout the month based on the total amount of Bitcoin they wager at the corresponding games. You have from the first day to the last day of the month to earn as many points as you can on the leaderboard. Then, on the first day of the next month, the prizes are added to the players’ accounts.

Grab Your Share of $50,000 This Month!

A new month has just begun, so there’s plenty of time to climb the leaderboard and grab a share of the huge monthly prizes available at mBit Casino. If you don’t already have an account, make sure you sign up now to receive their huge welcome package with 25 free spins and a 110% 1st deposit bonus!

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mBit Casino is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

 

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Link: MBit Casino is Paying ,000+ in Monthly Tournaments & VIP Rewards

MBit Casino is Paying $50,000+ in Monthly Tournaments & VIP Rewards

Ever since launching their website in 2014, mBit Casino has been one of the most popular online Bitcoin casinos. Players have enjoyed gambling with Bitcoin at mBit because of the friendly 24/7 live support, huge monthly tournaments (for both slots and table games) and their rewarding VIP Program.

Recently mBit Casino’s monthly tournaments have been paying out big money through prizes. Each month, 40 players share in the 15 BTC combined tournament prize pool. On top of this, players can also exchange their VIP comp points into bitcoin and free spins.

Through all of these avenues, mBit has been paying out over 20 BTC in monthly prizes, which today is more than $50,000! This doesn’t even include all of the amazing everyday bonuses, welcome bonuses and weekly cashback offers which are also available.

Monthly Bitcoin Tournaments

Every month there are two tournaments available at mBit Casino; the 10 BTC Slots Tournament and the 5 BTC Table Games Tournament. The Slots Tournament rewards the top 30 slots players each month with a total prize pool of 10 BTC while the Table Games Tournament rewards the top 10 Table Game players with 5 BTC in prizes.

Players accumulate points throughout the month based on the total amount of Bitcoin they wager at the corresponding games. You have from the first day to the last day of the month to earn as many points as you can on the leaderboard. Then, on the first day of the next month, the prizes are added to the players’ accounts.

Grab Your Share of $50,000 This Month!

A new month has just begun, so there’s plenty of time to climb the leaderboard and grab a share of the huge monthly prizes available at mBit Casino. If you don’t already have an account, make sure you sign up now to receive their huge welcome package with 25 free spins and a 110% 1st deposit bonus!

___________________

mBit Casino is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to FDIC and other consumer protections. This press release is for informational purposes only.

 

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CryptoFinancing: Europe’s First Token Sale and ICO Conference and Exhibition to Kick Off in London on July 7, 2017

Bitcoin Press Release: Europe’s first ever token sale and ICO exhibition, CryptoFinancing to be held at the luxurious Level 39 Venue in Canary Wharf, London on July 7, 2017.

July 3, 2017, London, UK – CryptoFinancing, Europe’s first ever conference and exhibition on cryptocurrency ICOs, token sales and crowdfunding in the blockchain community, is scheduled to take place on July 7, 2017, at the spectacular Level 39 venue at One Canada Square, Canary Wharf in London. The inaugural event will witness about 25 sponsors, exhibitors and media partners conduct talks on various aspects of ICO’s and token sales to a live audience.

The first-of-its-kind event will also include debates on the nascent industry’s effect on blockchain startups, venture capital, and regulatory environments. In addition, the event will also include detailed seminars on current and previous ICO projects, their structure, methodology, and design. The CryptoFinancing event will be an incredible opportunity for all interested parties to witness some of the leading players in the space discuss how “tokenomics” has overtaken venture capital as the primary financial driver of innovation, for blockchain projects in 2017.

For Startups and Entrepreneurs

The event will also touch upon the different ways blockchain startups can be developed and how they can tap into various funding opportunities. The CryptoFinancing event will be a great learning experience to those planning to start their own company in the cryptocurrency segment. The event talks will also help individuals understand how to open source all their software, structure their company as a non-profit foundation, bypass the VC route, design their own currency while assigning a value and selling it in the process.

The first-time event will run from 8:30 AM to 5:30 PM at the Level 39 venue at One Canada Square, Canary Wharf in London. Further specifics regarding the events schedule can be found on the CryptoFinancing website’s events page.

For Investors

The ICOs and crowdsales have on multiple occasions proven themselves to be far more efficient in raising funds than the usual VC route. A phenomenon born from the Bitcoin community is severely disrupting some parts of the venture capital industry. There are recent signs that the venture capital industry is beginning to look at advantages and disadvantages of ICOs seriously, and their potential to threaten their own business model.

This new fundraising phenomenon is fueled by a synergistic convergence of blockchain technology, new wealth, smart entrepreneurs and crypto-investors’ backing. Unlike traditional venture capital investment, ICO’s are something that appeals to not only the savvy investor but also the Crypto-enthusiast. Blockchain startups are also buoyed by the tokenization of their brand, the significant ICO’s bonus token rates and the general ease of the investment procedure.

ICO investors are also offered the freedom to convert tokens to fiat currency in the early stage, through Bitcoin or Ether. The evolution, success, and popularity of recent ICOs like that of Bancor and Status.im have started to interest venture capitalists, who until recently were unconvinced about investing in crowdsales.

The year 2017 has so far not only seen cryptocurrencies like Bitcoin and Ethereum achieve huge gains but also emerging cryptocurrencies born from ICOs. Liquidity is the other main reason venture capitalists are interested. Rather than tying up vast amounts of funds in a startup or a Unicorn and waiting for the long play, like an IPO or acquisition, VCs can acquire gains far quicker in ICOs and pull out profits with ease.

For Governments and Regulators

At the moment ICO’s are the Wild West of financing, they continue to remain in a gray area as the SEC in the United States, and many other regulatory bodies continue to investigate. The prolonged regulatory limbo in the industry is, in-par, due to the to the lack of equity offered by most ICO’s and blockchain startups. Therefore, they fall outside of traditional legal frameworks, in terms of securities.

ICOs do offer discounts on cryptocurrency tokens before they hit exchanges after the ICO, and therefore do not fit into the current definition of security.

Besides, they are considered global instruments, not national ones and they are funded using Bitcoin, Ethereum, and other cryptocurrencies, which are not controlled by any central authority or bank. Individuals are therefore free to invest in these projects pseudo-anonymously.

Global Guest Speakers in Attendance

Speaking at the conference and exhibition will be a large number of industry leaders, including, John Clippinger – CEO ID3 / MIT Media Lab (USA); Ryan Zurrer – General Partner Polychain Capital (Brazil); Vinay Gupta – Founder Hexayurt Capital (UK); Jane Zhang – CEO Shellpay (China); Ransu Salovaara – CEO TokenMarket (Gibraltar); Michael Terpin – CEO Transform Group (Puerto Rico); Jake Vartanian – Partner, Cryptoassets Design Group, Director Cryptodex (USA); Eddy Travia – CEO Coinsillium (Hong Kong); Richard Kastelein – Publisher Blockchain News, Partner Cryptoasset Design Group (Netherlands); Dan Larrimer – Founder EOS (USA); Dana Coe – Founder Cryptocrest / Aureus (Malaysia); William Chun – Doublechain / Hyundai (South Korea) and more.

Crypto Financing Event Page – http://www.crypto-financing.com
Learn more about Cryptoassets at – http://www.cryptoassets.io
Tickets available at – http://www.crypto-financing.com
Follow CryptoFinancing on Facebook – https://www.facebook.com/cryptofinancing
Follow CryptoFinancing on Twitter – https://twitter.com/cryptofinancers

Media Contact

Contact Name: Richard Kastelein
Contact Email: richard@crypto-financing.com
Location: Haren, Groningen, Netherlands
Company: Expathos

Expathos is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

 

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Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 5 years. Get your own professional Bitcoin and digital currency Press Release. Click here for more information.

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