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13th March - News

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MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
28 like this post 0 people
13/03/2017 12:18
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CEO - Marc de Koning
Facebook - Paidverts
Facebook - Paidverts
Facebook - My Traffic Value
Barter My Funds
CoinFlip Evolved
Warclicks
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Hello everyone,
I noticed there's a lot of confusion regarding yesterday's news topic, which is understandable due to the length and complexity of it.

I want to respond to a few of the questions that popped up most yesterday.

Question: Will our shares be worth 500x more or lose value?


Your shares will not lose their value.
Your shares will be turned either from 500 to 1 or a 1000 to 1, this is something that we haven't decided upon just yet. (Although I am leaning towards the 500 to 1 as with 1 million shares you take away most of the "stock to company valuation"-math)
In the overall scheme this doesn't mean anything at all for the value of your stock, we're simply doing this as it has a number of effects.

-New investors won't consider this a penny stock
-People will consider their shares to be valuable, whereas many now have the feeling that our stock is of a low value

Both are purely psychological, but definitely count.

But in reality your stock will be worth much more after the changes.

-We will be able to market far broader
-We will be able to hire a lot more people
-We will have a much larger group of investors to talk to
-We will start giving seminars/webinars

We have a lot of potential, being fully licensed enhances that further.
But none of this will make your stock worth 500x more overnight.

Question: Will our current KYC be valid in a new business?

Most likely not.
KYC requires to not be older than 6 months.
And as we are starting over we don't want any ties to things we can't explain, like how we got those documents in the first place or why we accepted old documents.

Question: What will happen to the documents you currently have?

They will be removed/deleted.
Dealing with KYC forces you to handle it with caution.

Questions about the idea of using the name "Eggs/Basket".


This was just an idea that popped up and I thought was clever, but since the owner of the URL simply doesn't reply we will have to think of something else.

We'd ultimately like to see an URL with max 7 characters and preferably with just 2 syllables.
But we don't have any solid idea's for now.


All of this is future talk.
I simply felt like it would be good to show you that we're working towards our next step.
This is also why I am not talking about any ETA's or giving any promises.

I'm just copy/pasting this part from yesterday's news as I think many people missed it as the focus was on the "long term behind the scenes"-work, but at the same time it's important to know what we are developing right now.

Copy/paste from yesterday's news starts here:

We have now earned over $1.000.000,- since 16/11/2015, which is when I took over accounting.
Most of these funds were earned through real sources of income, although a part of it is still from the "Fast Track Queue-era".

PlayPerfectMoneyGames earned over $100.000,- thus far.
We expect PlayBitcoinGames, Sumo Roll and Warclicks to all become better earners than PlayPerfectMoneyGames in the near future.
With your help, we can do this!

--

We now have over 20.000 users on CoinFlip Evolved!
A game we launched on the 13th of January, with no marketing budget spent so far (Other than a small amount spent on an email and a few log in ads on Paidverts) is rapidly growing!
We are about to add a lot of improvements and new purchases during the next few weeks/months, this should set it up for a good retention rate and a growing memberbase over time.

To name a few:

-Clarify the way rankings are shown to users
-New backgrounds
-Remove the current notifications currently shown in the top left corner
-Change the chat as it shouldn't be a part of the graphics, but rather a fixed popup window that you can close.
-The bottom interface with betting options, shop, free coins, achievements just became a mess as things were added and added onto the original UI, so all of this requires a change.
-If we want to add more/bigger animations - i.e. things like a "robot in a tank" then the robot animation & coins are currently too big for the game so we will make changes there as well
-More minigames


--

Once the new PlayBitcoinGames and Sumo Roll are launched our programmers will temporarily pick up the build of slot games again.
This will enable us, the management, to focus on marketing our current products and the expansion/improvements of Warclicks, Sumo Roll and CoinFlip Evolved.

Slots are severely lacking in our casino's, while they make up for the most profitability.

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Upcoming improvements/add ons/purchases we discussed for Sumo Roll:

-A panic button
The panic button will be available once per run and allows you to kill one enemy.
In case you see an enemy which you are unable to dodge, you can quickly tap the "Panic button" and it will deal with your enemy.

The idea is to make a funny looking button with a sumo that shouts.
The moment you tap it the sumo screams or makes a roar or something similar.
The way he kills your enemy we still have to decide upon.

-Certain achievements to add elements of competition

Purchases:
-Additional panic button options per game (1,2,3 extra)
-No ads
-Doubled coin gain for X hours
-10,20,50% less enemies (lifetime)
-Different backgrounds
-Skins/visual character changes
-We are still debating a "triple jump"-option.


For the current version we don't want to add too much "fuzz", the simplicity of the game adds a certain attractiveness to the game.
We might make a "Sumo Roll 2"-version in the future which has a lot more functions/add ons etc.
For example multiple levels, competitions and lots more.

--

I had some time to write all of this up as I was wrapping up my tasks for today, as starting tomorrow i'm taking 5 days off.
There is always plenty to write about, but the longer my posts are, the lower my expectations are that many people will read it in full.
I just felt like giving you an update about most of our ongoing work behind the scenes as it shows you there's a lot more happening even during times when there is a lot of visible progress/a new product almost every week.
I do realize that my target of $50.000,- profit of this month will most likely not happen unless MyMatrix turns into a booming success.
I expected Sumo Roll, PBG and MyMatrix to be running a lot sooner.
This doesn't take away the fact that we are on our way and that the month after this one it might be a goal we realize.
rehmaan
Traffic Value: $3,924.80401 India
0 like this post 0 people
13/03/2017 12:26
new business?
vicura
Traffic Value: $4,969.3683 Spain
4 like this post 0 people
13/03/2017 12:32
I was witing that reverse split for a long time, the 2 splits made sense long time ago, but now it's better to reverse split of at least x100. The x1000 is also a good idea smile
claudinho777
Traffic Value: $11,862.5317 Chile
3 like this post 0 people
13/03/2017 13:04
Good news, The legalization and the reverse split, will make much more confident the way to found investors.

The change of name and location could help to make the things more easy and less risky. 

Im totally agree with yesterday and today topic smile
SybrenTalma
Traffic Value: $366.58508 Netherlands
1 like this post 0 people
13/03/2017 13:31
I need to change my Bitcoin adress, so I submitted a ticket.
Is this the right way to go about this? And do I need to verify my identity?
casio8978 - Forum moderator
Traffic Value: $14,531.83197 Slovenia
4 like this post 0 people
13/03/2017 13:37
Its the right way. Support will ask you if they will need any kind of proof from you.
SybrenTalma
Traffic Value: $366.58508 Netherlands
1 like this post 0 people
13/03/2017 13:43
@casio8978 Thanks! I'll wait for a response from them then.
jordy186
Traffic Value: $868.5955 Netherlands
1 like this post 0 people
13/03/2017 13:58
I have mentioned reverse split much earlier. Why not start towards this big step to already reverse split inside mtv to make the step smaller when we move over to a new business?
siddartha149
Traffic Value: $683.06885 India
2 like this post 0 people
13/03/2017 14:44
I just want to ask small thing. If I have RP like 5300 and the factor is 1000, then I would get 5.3 or just 5?
bigbadmoose
Traffic Value: $520.60691 United States
1 like this post 0 people
13/03/2017 14:51
Just 5. as there will be no shares less then a whole share. I am guessing they are going to either buy out the remaining shares or except us to get to exact number either by buying or selling when the announcement is made that with in x number of days it will happen. As Marc said it a long term thing so nothing we should really be worried about right now.
druth8x
Traffic Value: $22,417.44153 United States
6 like this post 1 people
13/03/2017 14:55
I think 6, always in the members favor aka round up.

There will be orphaned RP's, so if they need to make it right, they could just "buy up" Rp's from accounts that have less than 500 RP and haven't been around in years. Eventually, that cash will come back to FBG via CASH TAX.
bigbadmoose
Traffic Value: $520.60691 United States
0 like this post 0 people
13/03/2017 15:06
Yeah that would be another way to do it. Had not thought of that. I still am sure that by the time we get to the point this really matters. Marc will have a long written drawn out plan for everyone to understand what need to be done.
dguy
Traffic Value: $15,993.01608 Canada
8 like this post 0 people
13/03/2017 15:17
The problem with rounding up is it encourages people to stop at 5001 for example. The amount to round up is a lot larger than in previous actions where the number was a few pennies. That last RP will be worth $6 or a 1000 times return on investment. It would probably be wiser to pay the remainders in cash. That is what brokerages do in share split situations
druth8x
Traffic Value: $22,417.44153 United States
0 like this post 0 people
13/03/2017 15:46
It is up to Marc et all, in the end.

And, yes, we aren't rounding up to 500 or 1KRP, just for 1STOCK, at least from what I've gathered as of now.

I agree with that "encouraging", in fact I've been known to not do BAP ads or only a couple, to get the rounded to my favor. More out of fun than "gaming the system". But I was mentioning orphaned RP, b/c so too will the orphaned cash, so it won't matter the actual cost, it's just's accounting "tricks".

All that said, the "extra" will be taken into consideration, I'd highly assume.
FBG doesn't want to have anyone feel cheated. Some can't be helped, as they will feel cheated even if they aren't, but the rest should be quite content with however it's handled.

And, yes, Marc said this isn't going to happen until after legalization and even with that one thread "Just for Fun" he wasn't predicting that until next year (but now maybe sooner if he found a different way of doing it since then), so all the details can be ironed out.
--stalker
Traffic Value: $7.80989 United States
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13/03/2017 17:16
Hi,
How can I change my bitcoin address inorder deposite some money?
gugakip
Traffic Value: $739.34329 Belgium
1 like this post 0 people
13/03/2017 17:21
You can always deposit, just use the deposit bitcoin option and use that address.
If you want to change your withdrawal address, you'll have to write a support ticket.
cashdrgn
Traffic Value: $453.62586 United States
2 like this post 0 people
13/03/2017 19:27
Hey Marc,

I found a 5 letter domain that is available for $1895 that might work. Shoot me an email and I'll send the name, don't want to disclose here as someone else my snatch it up.

I do not own the domain, just saw it while I was looking into names for a new project.
freak300
Traffic Value: $56,564.16117 Germany
0 like this post 0 people
13/03/2017 19:37
As far as the domain goes I could offer you the domain: löll.com
I don't know though if it is a good name smile but in case you want it, I own it and would give it away.
piro00
Traffic Value: $3,781.28667 Argentina
0 like this post 0 people
13/03/2017 20:34
So, make no sense to be verified now? I mean do the process of verification now. We should wait until the new website is up and do it there?
HomerSimpson
Traffic Value: $9,308.60765 Germany
4 like this post 0 people
13/03/2017 20:40
@freak300
I don't think a name with "ö" would be good for an international company wink


but a new name, easy: pear.fund, fruit.fund or banana.club grin


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Regarding yesterdays news, the casino license:

I'm no expert, but I'm quite sure, to accept customers from the EU legally,
you need an license issued from an country inside the EU,
which of requiers a lot of bureaucratic work and of course time...
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