I'm interested in buying the software for the website https://spinbits.org/, a Bitcoin gambling website where people deposit Bitcoin into a pool with other players, the amount of Bitcoin they deposit determines the probability that they could win. We will be making money by taxing each round with a small percentage each time.
What we will do with the website is firstly find hosting for the website in a very liberal country in terms of online gambling. I have found the website http://www.curacaowebhosting.com to be very good in this regard. We will secondly find a domain for the website. The name for the website is not yet determined, it can be figured out afterwards though and is quite low on our list of priorities for the website. We will also look at putting the website in various jurisdictions, like an address in one country and a phone number in another.
The main reason why we need investors is to help fund the main creation process, as I have described above to help get the ball rolling. There are a lot of costs I assume to be involved in the making of this website. This is what I estimate the costs to be, initially:
The actual core itself may cost up to $300 -- though I think we could get this for much less. I would prefer to get it at this price, and the guy who I'm buying the site from is fine with doing a buy now at this price.
The hosting itself can vary. Curacao says that shared hosting may cost 29 EURO for an absolute beginner plan. I would be fine with doing this plan at the beginning only. As the site grows, I would be willing to update to more larger plans like the 59 EURO "business plan" or we could go to a completely dedicated system, though this all depends on the kind of attention the website gets. Being flexible in this regard matters a lot.
Advertising is something I could do for a relative cheap price. On a forum I frequently visit, it costs $20 to advertise in the biggest board for a week. This is in a very gambler-friendly forum as well who would be willing to bet, especially Bitcoin. Not only that, we could also post to the BTC subreddit and get a lot of attention that way, for free. Another free choice we have to is to post to BTC Talk, the largest Bitcoin forum out there and simply post and try get as much attention off there as possible.
If you can notice, the costs I'm looking at aren't very expensive at all, and the rate of return we could get on this could be exponentially huge, just as long as continue to be completely flexible.
If you're interested in investing, here are some plans:
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Once the initial cost has been overcome, I don't believe that fees will be an issue at all, as the website will be making profit.
If we suddenly find ourselves unable to afford to run the website anymore. The investors, regardless of plan, will be refunded with money from the treasury, if possible, and the website and any digital assets related to it will be sold off to help further recoup any costs to pay back investors.
If the website doesn't go through at all, and nothing happens, all investors, regardless of plan, will be refunded as soon as possible.
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