[ANN] Lucky Games Investment Asset



  • :( only had enough money to buy 584 shares. Hope I can buy more in the future for the same price :P



  • @gpedro said in [ANN] Lucky Games Investment Asset:

    @mathew i'm doing a thread for each one of them...

    Company asset will pay out monthly correct?



  • @mathew 584 shares at 5 BURST are a great deal if the value of this company rise to the double on the second release and i don't have doubts that it will values more... So...



  • @mathew yes on the beginning of each month and over the total of the wallet witch theorical will rise over time because of the 20% being kept and if it is doing a lot of profit that 20% will begin more games witch will generate more profit...



  • @gpedro This looks like it will be fun, now we just need to get it web based haha



  • @mathew i'm happy to do it if someone with some more experience than me on that could join me in that project... I could even transfer some of the assets of the company so we can merge the Casino and turn this into something real huge...



  • someone just bought all the assets....Damn you save some for me!



  • WOW never thinked this would sold out all in some hours... i'm thinking on the second release now?!



  • @mathew A new batch of assets has been released... This time is at 20 Burst a piece... I'm sorry that you couldn't grab some at 5 Burst SALE price?! May be it's better to invest now before someone else buy everything again and the price rises?! The major goal is that the 50% of the shares are being sold until the end of the month so we could start valueing this project and could everyone collect the earnings on the end of the month... Don't forget about the Fund that has now his first giveaway active so everyone grab some coins from the faucet or just round up your wallets there and you will paid in the end of the level (every release)?!



  • @gpedro would this not be easier to make into a website so you don't have to keep editing the thread and making more assets every time you want to do this?



  • @ddos by one hand yes and i very much prefer that every games were on a site and just have assets of the Lucky Games and the ones the fund creates so we can help BURST... But i don't have the knowledge to do so... I swear i tryed xD i've been looking for platforms already made but the ones that are recent are only paid, @caligiuri is trying to help as long as he have time, so if anybody wants to join the Lucky Games Team just say so we can work something out! ;P
    That's the reason i said in the post that if anybody wants to help with new kind of games or if anyone had some value to the asset, the asset or me or both (depends on the value) will pay in shares because this is an asset of the shareholders not me...
    For now that i know about, @Zeus is working on a web based casino platform and if he wants to give some % of the casino profit to this asset we will pay him in shares... And if someone has some value to increase on this asset we will make the efforts so this could generate a good revenue for everybody while we help BURST rise...



  • @gpedro said in [ANN] Lucky Games Investment Asset:

    @Zeus is working on a web based casino platform and if he wants to give some % of the casino profit to this asset we will pay him in shares...

    @Zeus appears to have come quite far with the web based casino. Will there be some kind of collaboration between the two of you, and will the assets you have launched somehow interact with each other?



  • @Propagandalf I proposed something to him but i don't think he wants something collaborative between the assets... I'm in vacation and i'm thinking in a way of reformulate Lucky Games Investment Asset so this could adapt to the market changes, since there are no big interest in the Games.Afterall that's the idea, right? Adapt and Survive... xD



  • @gpedro OK, thanks for the info!

    Adapt and survive is a must in crypto, for sure! However, if you are thinking to change the way your asset works in a major way, there might be asset holders who do not agree with that, and so you may give yourself a bad reputation. If you are going to restructure the asset, I suggest buying back existing assets and then creating an entirely new asset based on your new ideas.

    That's just my opinion, others may disagree. Also, I'm tired, so sorry if I misread your message.



  • You are aware that BURST's Smart Contract system is capable of doing a decentralized automated lottery, right? That would be the best way to prove the lottery secure.

    In fact, there will be an upcoming site by the team, with two lottery games based on our Smart Contracts.

    I look forward to announcing this in the near future.

    We can help you setup your lottery in an Automated Transaction (Smart Contract) if you'd like, let me know!



  • @gpedro, Today you sold BURST-WHAA-DW34-WQJA-F95AR (maybe yourself?) 5% of the asset Lucky Games for 100 Burst ???
    And now sell for 3'600'000 Burst (18 Burst for 1 active)???
    That is lower than the price of the second issue by 2 Burst.
    Do I understand correctly, or am I mistaken?



  • @Propagandalf That's exatly what i'm thinking to solve this problem... but i'm still on vacations and it's been hard to find a good internet connection where i am...
    @crowetic Yes i know that Smart Contract is capable of do a lottery, but i doesn't know how to set up that, maybe next week i will ask you for some help and i transfer the BURSTMillions to a AT Lottery, maybe even upgraded to something more close to EuroMillions as that was the initial idea... I'm aware that the team will release some lottery and i was waiting for that, but if i was releasing gambling assets and since in that time doesn't have any lottery on the market i think in some model that could work in Asset Exchange just for a beta test of that model xD
    @emcb You are exactly right, except BURST-WHAA-DW34-WQJA-F95AR isn't me... Is a friend of mine that i bring to BURST and i own him some money so i give him a welcome bonus from my personal portfolio of Lucky Games Investment Asset, and seems like he is solding out some Assets... That's the kind of thing that i can't control but i'll talk to him so he doesn't sell that assets like this, but actually the asset issuer already has been beaten in the market by the initial release of assets buyer and since i'm without a good internet connection because where i am only have satellite internet (because of the mountains) neither i can be online all day nor when i want (xD), only when my connection work...



  • @gpedro It seems to me that the free distribution of assets to your friends (by Asset Issuer) simultaneously with the sale of puts at a disadvantage the investors who bought the assets before and is now selling at a better price.



  • @emcb it wasn't a free distrubution by the asset holder, was from the 50% that i hold, so now there is more than 25% of this asset on the market.
    I will never pay a debt of mine with money from a company or asset that i own, of course, so i pay from my shares of the company if i haven't another way of paying that debt... i've already spoke to him and he will close that selling position but he only can do it tomorrow because he already left for work and only returns home in the morning...



  • @gpedro Now I see that your friend (BURST-WHAA-DW34-WQJA-F95AR), whom you presented (sold for 100 Burst) 5% of its assets (at the time of sale for the price for the asset 20 Burst!), Sold it for 5 Burst/asset. And now, the buyer (BURST-6YQL-XV7Y-GBYU-3YZ8B) sells them for 15 Burst/asset, which is 25% less than the price of the second issue.
    BURST-6YQL-XV7Y-GBYU-3YZ8B really liked it and he put a buy order at the price 0,1Burst / asset for future purchases, because at this price seller can easily sell those who received the asset from you free of charge (at the time of second issue!) ...And A buyer gets a price much lower than market. )))
    An interesting scheme, but I think it's called dumping and unfair competition ... But maybe I'm wrong.
    Good luck to you!


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