OCTOBER 2020 REPORT
Step by step and piece by piece 888team is building the gambling ecosystem I envisioned as a CEO when I started this journey almost two years ago. My team and I are 100% dedicated to this project. We are confident the 888ecosystem will become a very well known and popular platform around the globe.
All of this would not have been possible without you, our first loyal clients, players and supporters. So first of all I would like to thank you for believing in this project and I hope you will enjoy what is coming up next.
What we have achieved in October
❖We had further negotiations with several crypto traders with over 400K audience to become 888starz ambassadors.
❖We also had further negotiations with our first TOP30 cryptocurrency exchange to list 888token paired with BTC, ETH and USDT. We will put in the necessary time and effort to prepare a good marketing campaign for the listing.
❖We continued negotiations with a second TOP15 exchange to list 888token.
❖The team prepared the necessary work and set up meetings with other crypto exchanges to go through their listing and compliance processes.
❖We added the first FIAT payment options to 888starz.bet:
➢Paysafecard
We have already processed the first PAYSAFECARD transactions.
Head over to official site to find out more: https://www.paysafecard.com/
➢Neosurf
Neosurf is our second FIAT payment provider that has gone online on 888starz.bet. You can check out this cool video on how easy and convenient the service works... and on top of that, you earn Neomiles with every purchase!
Youtube video:
➢Qiwi
Qiwi payment option is now available for our Russian and CIS players!
They can connect Apple Pay and can also use their custom Qiwi VISA CARD
❖New UPDATED MENU on 888starz
❖Added more GAME PROVIDERS taking the total number of slot providers to 24
❖Added VIRTUAL GAMES from Leap, Golden Race, Global bet, Virtual Generation, Edge and 1x2 Gaming
❖Added 22 HUNTING AND FISHING games
❖Added TV-GAMES from TVBET and LIW
❖Added POKER
❖Added 8 BINGO AND LOTTERY game providers FLG, Atmosfera, Nsoft, Zitro, MGA,...
https://twitter.com/888Tron/status/1320116365320179719?s=20
❖Added MONOPOLY LIVE by Evolution Gaming
https://twitter.com/888Tron/status/1321171358550773761?s=20
❖Added PROMO CODE STORE
How does it work?
- PLACE BETS AND COLLECT BONUS POINTS!
- EXCHANGE BONUS POINTS FOR PROMO CODES.
- WIN WITH 888STARZ.BET!
❖Launched TWO HALLOWEEN NETWORK events
https://twitter.com/888Tron/status/1320777847368224769?s=20
❖Launched Booongo - October Fest
https://twitter.com/888Tron/status/1317098979075776512?s=20
❖Launched Playson – Solar Escape
https://twitter.com/888Tron/status/1317172450988154880?s=20
❖30 EURO FREE UFC BET promo action
Special UFC 254 promo offer for lightweight world title fight between Khabib Nurmagomedov and Justin Gaethje.
https://twitter.com/888Tron/status/1318248530637631488?s=20
❖CEO, CFO and core team members attended Moscow Blockchain Summit to meet with current and future business partners.
https://twitter.com/888Tron/status/1318892112600027139?s=20
❖Affiliate managers attended a specialized Affiliate Marketing Event to find new CPA networks to promote our platform worldwide.
Signed up CPA networks will start their work with the FIAT payment gateways coming online one by one.
❖888token is now available on Vision crypto wallet
https://twitter.com/VisionCryptoApp/status/1318591672859623424?s=20
What is up next
1.Activate more FIAT payment providers on 888starz.
👉 add Visa
-Website: www.visa.com
-Credit card payment options
👉 add Mastercard
-Website: www.mastercard.com
-Credit card payment options
👉 add Paypal
-Website:www.paypal.com
-online payment (supports major cryptocurrencies now)
👉 add Skrill digital wallet
-Website: www.skrill.com
-Fast and secure payments and international money transfers
👉 add Neteller prepaid solutions
-Website: www.neteller.com
-Safe & Secure Online Payment Provider. Instant Deposits & Withdrawals. Free To Use. Instant Money Transfer. 13 Currencies Supported. No Hidden Fees. Used In 200 Countries.
👉 add Webmoney
-Website: www.wmtransfer.com
-WebMoney Transfer is a global settlement system and environment for online business activities. 41 million! users worldwide.
2.Launch of the new unified REWARD model.
3.Launch of the DEFI module on 888tron.com.
4.Activate more game providers.
5.Finish the integration of the fiat marketing offers for our CPA and affiliate partners to start receiving fiat traffic on 888starz.
6.Legal department will continue to work on obtaining more local licenses.
7.We are aware that advertising is critical in achieving the objectives of the platform. For this reason ads of 888tron will be displayed on Tronlink wallet. This exposes 888tron to thousands of potential users on a daily basis.
Financials
From a financial standpoint, October was successful for 888tron and 888starz is starting to perform better than the previous months.
888tron total dividend payouts were over 5,903,600 TRX (~$147,592).
Which is an average of ~6 USD per 1000 tokens per month. TRX price has dropped down to an average of 0,025 USD.
The ratio of 1K 888tokens and total dividends payouts gave an average of 40% ROI to its holders in October. 888token price stayed stable around 9.3 TRX.
In October we saw BTC rally to 15,000 dollar and its price still continues to grow. Many crypto users invest more in Bitcoin rather than in altcoins like TRX at this time.
Every time BTC price goes up we can see that gaming activity slows down a bit on both projects. That’s why our team works hard on fiat payment solutions and will rely on professional CPA networks to generate traffic to our platforms.
888starz Total bet – EUR 254,259, Total Paid out 245,466, GGR - 8,793 EURO.
We finished the month October with a small loss of 1314 dollar. This loss is covered by team funds. *See addendum for detailed numbers.
Our Affiliate team is working on integrating new fiat offers for CPA networks and affiliate partners. 888team is very hopefull that November and December will be much more successful due to CPA marketing and promo being done.
More info on the REWARD MODEL
The much anticipated launch of the 888starz reward model is almost near. Here is how we will proceed:
1.Launch of the REWARD model on 888starz.bet so players will be able to MINE 888 tokens by playing on 888starz.
a.The system has been tested thoroughly internally and checked by an external audit but to make sure the system operates stable&safe in real world conditions and to avoid fraud & hacker attacks the withdrawal of 888 tokens from 888starz will NOT be available during the first one month testing period.
b.The first month of operation of the reward model the dividend pool will be accumulated WITHOUT distribution.
Instead the profit during this testing period will be accumulated on the platform. The accumulated profit will be paid out the following month.
c.After the one month testing period is over we will synchronize the reward modules of both 888tron and 888starz. From then on there will be only ONE reward pool for BOTH platforms. Players of both 888starz and 888tron will receive reward payouts every 24 hours.
d.After the full integration of the REWARD model token withdrawal will be available instantly without 24 hour lock period.
2.Until the above reward model is implemented and gone through testing period on 888starz, the 888tron dividend pool will be distributed every 48 hours as usual. Tokens frozen on 888tron will participate in reward pool distribution.
3.In December we will launch the DEFI upgrade for 888tron. At first this functionality will be available for 888tron players ONLY as they are advanced and experienced crypto users. We will monitor closely how well and successful this DEFi feature performs.
Final thank you
The pieces of the puzzle 🧩 are falling together. Thx for your loyalty, patience and support.
Ruslan, CEO
Addendum
