RE: My current thoughts on the economics of the SPORTS token.

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My current thoughts on the economics of the SPORTS token.

in sportstalk •  5 years ago 

Not quite gambling, a fantasy tipping site I believe. Legal issue is would regulators consider it gambling (pay tokens to join - win if your picks are good). This info comes from a discord convo with Patrick a couple of weeks ago. Yes its been done before, but still a worthy use case.

I'd love to see an online store for licensed team merch or memorabilia.

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sportstalk
5 years ago by

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      ·  5 years ago 

    Online store would be awesome but you would need 1 million sports to buy a pair of shoe laces lol

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        ·  5 years ago 

      Maybe online store accepting major crypto's. Put half the profits into a "buyback and burn"

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          ·  5 years ago 

        Hi @jk6276

        Is there any chance I could DM you? Do you use telegram? or discord? I've some questions I wanted to ask you (outside blockchain).

        Yours
        Piotr

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            ·  5 years ago 

          Hi @crypto.piotr I am on discord with the same user name as here, not using telegram.

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              ·  5 years ago 

            hi buddy

            Could you add me? I cannot seem to be able to find you without those 4 digits required.

            My account: crypto.piotr#3426

            ps. I've found discord so much more complicated than telegram and I'm wondering why most people still prefer Discord ;)

            Cheers
            Piotr

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                ·  5 years ago 

              Easier way. They have x billion token sell a million to stakes at a set price. Convert to steem/ convert to eth/btc place a few bets on existing sports betting sites. Make money bring the money back buy up as much tokens as possible burn them. Obviously they will say the sports betting bit is risky but if you can't make money from sports betting you really shouldn't be running a sports related platform lol

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