Moonbet x CryptoNesia AMA Recap
This week, found and CEO Jason Poprawa got to sit down with Indonesia’s biggest cryptocurrency community for an AMA segment.
Below is the full transcript of the AMA, with over 15 questions answered about the Moonbet project.
INTRODUCTION SEGMENT
Q1. Can you introduce yourself to the community? What is your background and how did the team build Moonbet?
HELLO EVERYBODY, I AM JASON POPRAWA, THE FOUNDER AND CEO OF MOONBET.
I AM ORIGINALLY FROM TORONTO, CANADA. I HAVE BEEN WORKING IN THE ONLINE BETTING INDUSTRY FOR OVER 10 YEARS, AS BOTH A SPORTSBOOK/CASINO MANAGER AND MARKETING DIRECTOR. I HOLD A CERTIFICATE IN SPORTSBOOK MANAGEMENT AND A CERTIFICATE IN CASINO MARKETING.
IN TOTAL, WE ARE A CORE TEAM OF EIGHT PEOPLE. THIS INCLUDES MYSELF, A COO, OUR CTO, TWO DEVELOPERS, A COMMUNITY MANAGER, MARKETING MANAGER, AND BUSINESS STRATEGIST.
WE HAVE BEEN WORKING ON THE PROJECT SINCE DECEMBER AND ARE PROUD OF HOW FAR IT HAS COME IN THE PAST 7 MONTHS!
Q2. Thank you for your brief Introduction, Can you briefly describe what is Moonbet to us?
MOONBET IS THE WORLD’S FIRST COMMUNITY DRIVEN, DECENTRALIZED IGAMING ECOSYSTEM. WE ARE ALLOWING ANYBODY IN THE WORLD TO ENJOY THE BENEFITS OF OWNING A PREMIUM BLOCKCHAIN-BASED CASINO, SPORTS BETTING, AND ESPORTS BETTING PLATFORM JUST BY HOLDING MBET TOKENS.
OUR PLATFORM WILL BE LAUNCHING ON AUGUST 15 AND WILL ALLOW PLAYERS FROM AROUND THE WORLD TO ENJOY BETTING ON OVER 30 SPORTS, PLAY MANY CASINO GAMES, AND BET ON ESPORTS.
ONCE OUR SPORTSBOOK AND CASINO PLATFORM IS LIVE, WE WILL BE DIVIDING ALL PROFITS MADE INTO HALF. THE FIRST 50% WILL BE DIRECTLY DISTRIBUTED TO ALL HOLDERS IN THE FORM OF BUSD AIRDROPS TO THEIR WALLETS, WHILE THE OTHER 50% WILL BE REINVESTED INTO THE DEVELOPMENT, OPERATIONS, AND MARKETING OF OUR PLATFORM.
Q3. Can you explain to us, what makes Moonbet different from other competitors?
AT THE MOMENT, THERE AREN’T ANY OTHER PROJECTS DOING WHAT MOONBET IS.
THERE ARE A FEW ‘DECENTRALIZED’ GAMING PROJECTS, BUT THEY ARE MORE FOCUSED ON A B2B MODEL THAT IS BUILDING FOR OTHER CASINOS. WHILE THE OTHER ‘DECENTRALIZED’ CASINOS HAVE NO REAL STRUCTURE OR LEADERSHIP, ONLY A FEW GAMES FOR PEOPLE TO PLAY.
AT MOONBET, WE HAVE A TEAM OF IGAMING EXPERTS AND BLOCKCHAIN DEVELOPERS, THAT ARE BRINGING THE BEST OF BOTH WORLDS.
WE WILL USE THE SAME PRINCIPLES OF PLAYER EXPERIENCE, MARKETING, CLIENT SUPPORT, ETC. THAT MAKE TRADITIONAL ONLINE BETTING PLATFORMS SO SUCCESSFUL. BUT, WE ARE USING BLOCKCHAIN TECHNOLOGY TO PROVE THE FAIRNESS OF EACH GAME AND BET.
BEST OF ALL, WE ARE GIVING AWYA 50% OF THE PROFIT TO MBET HOLDERS! ALL THE OTHER CASINOS KEEP THE PROFITS FOR THOSE AT THE TOP OF THE COMPANY.
Q4. Can you share some information with us, what are the major milestones Moonbet achieved so far?
OUR BIGGEST ACCOMPLISHMENTS SO FAR HAVE BEEN THAT WE HAVE COMPLETED THE DEVELOPMENT OF OUR TOKEN AND SMART CONTRACT, WHICH HAS ALREADY PASSED A THIRD-PARTY AUDIT!
WE ARE WELL INTO THE DEVELOPMENT OF THE MOONBET SPORTSBOOK AND CASINO, WHICH WILL BE LAUNCHING AUGUST 15 AS MENTIONED.
AND, WE HAVE ALREADY RAISED $230,000 IN OUR ICO PRE-SALE, WHICH IS NOW LIVE AT WWW.MOONBET.ORG
Q5. What are your further plans for Moonbet that you can share with us here?
WE HAVE A THREE-PHASE DECENTRALIZATION PLAN THAT WILL RESULT IN A 100% COMMUNITY DRIVEN, DECENTRALIZED IGAMING ECOSYSTEM. THE FIRST STEP IS THE LAUNCH OF THE MOONBET SPORTSBOOK AND CASINO NEXT MONTH.
HOWEVER, IT GETS MUCH MORE EXCITING! BEGINNING NEXT YEAR, WE WILL LAUNCH OUR OWN BLOCKCHAIN. THIS WILL ALLOW DEVELOPERS TO CREATE GAMES IN THE MOONBET ECOSYSTEM. THEY CAN BE ANYTHING FROM CASINO-STYLE GAMES TO MOBILE GAMES WITH A BETTING ELEMENT. THEN, ONCE WE INTEGRATE THE GAMES INTO OUR ECOSYSTEM, THEY WILL BE REWARDED WITH A FAIR SHARE OF THE PROFITS THAT THEIR GAME GENERATES. AFTER THAT, THE REST OF THE PROFITS WILL BE DISTRIBUTED TO THE MBET HOLDERS. FINALLY, OUR LONG-TERM VERSION IS TO INCLUDE EVERYTHING WE NEED FOR A FULL ONLINE BETTING ECOSYSTEM WITHIN MOONBET.
THIS INCLUDES PAYMENT PROCESSING, KYC PRACTICES, DATA FEEDS FOR SPORTS, ETC.
TWITTER SEGMENT — SEGMEN TWITTER
Q1. From @Debby9900
The word BETTING is intrigued to have a negative impact on people, such as addiction and all. has any measures been put in place for age check? To avoid under age? Or since this is a block chain,do you feel there’s no such need for that for moonbet token?
WE ARE 100% COMMITTED TO PLAYER SAFETY AT MOONBET.
OF COURSE, WE WILL HAVE ALL THE KYC AND AGE VERIFICATION CHECKS TO ENSURE THAT ALL PLAYERS ARE OF LEGAL AGE FOR BETTING.
WE WILL ALSO HAVE ALL THE NECESSARY SOLUTIONS TO ELIMINATE PROBLEM GAMBLING AND ADDICTION. WE ARE ALREADY PARTNERED WITH HTTPS://WWW.BEGAMBLEAWARE.ORG/ TO OFFER ALL THE SUPPORT FOR ANY PLAYERS THAT MAY EXPERIENCE SUCH NEGATIVE ASPECTS IN THE FUTURE.
EVEN THOUGH WE ARE ON THE BLOCKCHAIN, WE ARE RUNNING OUR PROJECT AS ANY ONLINE SPORTSBOOK AND CASINO WOULD BE RUN. ALSO, WE ARE LICENSED BY THE CURACAO GAMING CONTROL BOARD, WHICH HOLDS US TO HIGH STANDARDS FOR SUCH ISSUES.
Q2. From @Crypto77288944
Many people are afraid of crypto casinos bettings and esports because of scam because of insecurity so guys what are your plans to ensure security and safety of our funds with #moonbet?
GREAT QUESTION!
FIRST OF ALL, BY HAVING OUR PLATFORM BASED 100% ON THE BLOCKCHAIN, IT WILL BE THE MOST TRANSPARENT BETTING PLATFORM POSSIBLE. EVERY SINGLE BET PLACED CAN BE VIEWED VIA THE BLOCKCHAIN LEDGER, MEANING THERE CAN BE ABSOLUTELY NO SCAMS.
SECOND, OUR PROVABLY FAIR GAMING MEANS THAT EACH HAND OF BLACKJACK, EACH SPIN OF ROULETTE, AND EACH BET ON A GAME CAN BE VERIFIED FOR FAIRNESS WITH THE CLICK OF A BUTTON.
FINALLY, THE GAMING CONTROL BOARD OF CURACAO ENSURES THAT WE HAVE THE HIGHEST SECURITY LEVELS TO HOLD THE FUNDS OF ALL OUR PLAYERS, OTHERWISE WE LOSE THE LICENSE. HERE IS AN EXAMPLE OF HOW PLAYERS CAN VERIFY THE FAIRNESS OF OUR CASINO GAMES.
Q3. From @DmNow7
What is the difference between other decentralized Gaming ecosystem and Moonbet decentralized iGaming ecosystem? How Moonbet is better than others? How many $MBET token need to hold to receive 50% of the profits from the Moonbet Sportsbook & Casino?
THE DIFFERENCE BETWEEN MOONBET AND OTHER DECENTRALIZED BETTING PLATFORMS IS THAT WE HAVE A PLAN, A VISION, STRUCTURE, AND ARE LED BY IGAMING AND DEVELOPMENT PROFESSIONALS.
THE OTHER PLATFORMS WE SEE MAY HAVE SOME NICE DEVELOPMENT, BUT THEY LACK THE MARKETING AND BRANDING TO TRULY CONNECT WITH PLAYERS. BEING IN THE INDUSTRY FOR 10+ YEARS MYSELF, I KNOW THAT THE MOST IMPORTANT THING IS BRINGING PLAYERS INTO THE PLATFORM. WE HAVE THE TEAM THAT UNDERSTANDS HOW TO ACQUIRE NEW PLAYERS, RETAIN THEM, AND GET THEM PLAYING ON A REGULAR BASIS!
AS FOR THE MBET TOKENS TO RECEIVE THE PROFIT SHARING AIRDROPS, THEY WORK ON A % BASIS.
IF YOU HOLD 1% OF THE TOTAL TOKENS, YOU RECEIVE 1% OF THE PROFIT AIRDROPS. IF YOU HOLD .0001, YOU WILL RECEIVE .0001%.
Q4. From @georgehi270
In traditional online betting platforms, players usually have no way of knowing the legitimacy of each hand player. With MoonBet, how can players verify in real-time, the fairness of the hand? And how can players ensure that every bet they make is completely random?
FOR THE PROVABLY FAIR GAMING, IT MEANS THAT ANYBODY CAN LOOK AT ANY TIME TO SEE THE FAIRNESS OF THE HAND DIRECTLY IN THE WEBSITE.
THIS WILL IMMEDIATELY CONFIRM THE RANDOMNESS OF THE ORIGINAL HAND DEALING, THE CARDS THAT WENT TO EACH PLAYER, AND THE OUTCOME OF THE HAND.
THEY CAN ALSO VIEW THE SHUFFLING FOR THE NEXT HAND, TO ENSURE THAT IT HAS ALL BEEN 100% RANDOM. BASICALLY, IT IS LIKE SEEING THE DEALER AT A CASINO SHUFFLE THE CARDS RIGHT IN FRONT OF YOU!
Q5. From @CruiseNiraj
When I read the MoonBet whitepaper, you are only targeting Latin America and Africa as Emerging Markets. But I think Asia also has a big market. Do you have a plan to target and expand your business to Asia and Europe as your target market?
IN THE WHITEPAPER, WE ONLY MENTION LATAM AND AFRICA AS ‘EMERGING’ MARKETS BECAUSE THEY HAVE NOT BEEN FOCUSED ON BY THE OTHER BETTING COMPANIES SO FAR. HOWEVER, WITH THE RECENT LEGALIZATION OF ONLINE BETTING IN SOUTH AFRICA AND THE INCREASE IN MOBILE COVERAGE ACROSS AFRICA, WE SEE THIS AS A MAJOR OPPORTUNITY TO GET IN EARLY.
OF COURSE, OUR MAJOR FOCUS WILL BE WITHIN NORTH AMERICA, EUROPE AND ASIA. THESE MAKE UP THE LARGEST MARKETS IN ONLINE BETTING AND WE CANNOT WAIT TO CONNECT WITH THE COMMUNITIES THERE.
WE EVEN HAVE A VIETNAMESE AND CHINESE VERSION OF THE WHITEPAPER, WHILE INDONESIAN IS COMING SOON!
LIVE QUESTIONS — PERTANYAAN LANGSUNG
Q1. As a community driven project and me a developer am interested in contributing to the project, do you have such programs?
GREAT QUESTION!
WE WANT TO BRING IN ALL THE GREAT DEVELOPMENT TALENT TO THE MOONBET ECOSYSTEM.
THAT IS WHY WE ARE LAUNCHING OUR OWN BLOCKCHAIN AND DEVELOPER REWARDS, WHERE YOU WILL BE ABLE TO CREATE GAMES FOR US TO ADD INTO OUR ECOSYSTEM. ONCE MADE, DEVELOPERS WILL RECEIVE A SHARE OF THE PROFITS THAT THEIR GAME GENERATES AS A REWARD FOR THEIR GREAT WORK.
WE FEEL THIS IS VERY IMPORTANT BECAUSE IT REMOVES US FROM STICKING TO THE SAME TRADITIONAL CASINO GAMES AND OPENS UP THE OPPORTUNITY FOR CREATIVITY!
Q2. Success of the project also depends on how large the community is. Do you have plans to spread awareness to both crypto users d non crypto users in the world? Especially non-English speaking countries that may be restricted from accessing your Project?
WE ARE COMMITTED TO BUILDING THE MOONBET COMMUNITY ACROSS THE WORLD!
WE HAVE ALREADY DONE TRANSLATIONS OF OUR WHITEPAPER INTO SEVERAL LANGUAGES INCLUDING CHINESE, SPANISH, AND VIETNAMESE. WE OFFER BONUSES FOR COMMUNITY MEMBERS TO TRANSLATE ALL OUR MATERIALS IN THEIR NATIVE LANGUAGE IN ORDER TO SPREAD AWARENESS.
WE ARE ALSO HOLDING A GREAT CONTEST FOR OUR REFERRAL PROGRAM. THIS MEANS THAT BY GETTING MORE PEOPLE TO BUY MBET TOKENS USING YOUR LINK, YOU NOT ONLY RECEIVE 10% OF THEIR PURCHASE AS A BONUS, BUT YOU CAN ALSO WIN $1,000 WORTH.
Q3. Team members is an Internal part of a project. So, tell us how many team members do you have and how many developers are working for this project?
WE HAVE AN INCREDIBLE TEAM THAT IS EXPERIENCED, PASSIONATE, AND IS BALANCED.
WE ARE A CORE TEAM OF 8, WITH MYSELF AS THE CEO. AS MENTIONED, I HAVE BEEN IN THE BETTING INDUSTRY FOR 10+ YEARS AND HAVE SERVED AS THE OPERATIONS MANAGER FOR A UK-BASED SPORTSBETTING AND CASINO APP.
OUR CTO HAS BEEN THE PROJECT MANAGER FOR THE LARGEST IT CONSULTING FIRM IN SPAIN, WHILE OUR SENIOR DEVELOPER HAS BUILT INCREDIBLE TECHNOLOGY FOR NISSAN, NEUROLINK, GLOBALPAY, AND MORE.
OUR LEAD DESIGNER HAS A MASTERS DEGREE IN MOBILE APP DEVELOPMENT AND HAS DESIGNED THE APP FOR THE LARGEST BANK IN SPAIN. THEN, WE HAVE OUR DEVELOPMENT PARTNERS AT LION GAMING. THEY ARE EXPERTS IN BLOCKCHAIN-BASED BETTING AND ARE NOT ONLY HELPING US BUILD THE PLATFORM, BUT THEIR CEO AND CTO ARE INVOLVED IN OUR PROJECT AS ADVISORS.
Q4. The amount of revenue generated by casinos and betting platform depends on the number of users, what are your marketing strategies to attract more users to your platform?
WE ARE GOING TO BE LAUNCHING A MASSIVE MARKETING CAMPAIGN TO DRIVE PLAYERS, WHICH INCLUDES PARTNERING WITH INFLUENCERS IN THE SPORTS, CASINO, AND BETTING INDUSTRY ACROSS THE WORLD.
WE HAVE ALREADY SECURED A FORMER MMA CHAMPION AS A BRAND AMBASSADOR AND ARE SPEAKING WITH SEVERAL OTHER ATHLETES IN THE US, SOUTH AMERICA, EUROPE, AND ASIA.
FURTHERMORE, WE WILL BE HAVING MAJOR PROMOTIONS FOR BONUSES AND REFERRALS. FOR INSTANCE, THE MOONBET COMMUNITY MEMBER THAT DRIVES THE MOST NEW PLAYERS IN THE FIRST WEEK WILL RECEIVE $1,000 IN MBET TOKENS!
Q5. If the bear market comes will your token probably dump? Do you have any plan to prepared for this bear market? How will you handle the panic sell ?
HIS IS MY FAVOURITE QUESTION!
THE BEAR MARKET IS NEVER GOOD FOR CRYPTO. HOWEVER, GAMBLING IS ONE OF THE INDUSTRIES THAT ALWAYS SURVIVES, EVEN THE TOUGHEST OF RECESSIONS. JUST LIKE CASINOS IN LAS VEGAS AND MONACO SURVIVED GREAT DEPRESSIONS, MOONBET CAN SURVIVE ANY BEAR MARKET.
IN FACT, THE BEAR MARKET CAN BE ADVANTAGEOUS TO OUR PROJECT. DURING THE BEAR MARKET, THE VALUE OF CRYPTOCURRENCIES WILL BE LOWER, ALLOWING US TO ACCUMULATE MORE CRYPTO FOR THE UPCOMING BULLRUNS.
essage From The Team/Pesan Dari Tim:
Answer/Jawaban
English:
I JUST WANT TO SAY THANK YOU SO MUCH TO THE INDONESIAN CRYPTO COMMUNITY FOR HAVING US!
PLEASE BECOME PART OF MOONBET AT WWW.MOONBET.ORG AND JOIN US AT T.ME/MOONBETOFFICIAL
ALSO, IF ANYBODY WANTS TO START AN INDONESIAN MOONBET COMMUNITY OR TRANSLATE THE WHITEPAPER, THERE WILL BE A BONUS FOR YOU!!! THANK YOU AGAIN
