November report
Dear 888 family,
November was a really busy month for 888 team. 2020 is almost over and we are in rushmode to reach all goals we had planned out at the beginning of the year. We were focused to deliver a reward model and connect fiat payments.
Recently authorities from EU and CIS countries became very strict with payment companies processing gambling payments as there are many violations and law infringements made by unlicensed casinos. Huge fines were issued and many payment companies went down and other lumbersome bureaucratic implementations and laws made it really difficult for us to find the right partners to process our payments. I am sure you have noticed that these problems were experienced by all major online gambling platforms.
Anyways November was very successful for 888starz. Please find all info about our mutual achievements below.
What we have achieved in November:
➢ We had several meetings and further negotiations with industry leaders in the gambling industry to make sure 888starz will offer all the best content the sector has to offer.
➢ We sealed the deal with our first TOP30 cryptocurrency exchange to launch 888token paired with BTC, ETH and USDT. Together with the exchange promo team we are working on a campaign to introduce 888token to its millions of customers worldwide.
Listing date has been set on January 25th 2021.
➢ We continued the work to upgrade 888tron.com with the DEFI feature (Decentralized Finance). This feature will introduce 4 tokens and will add extra ways for people to generate profit, add token liquidity on the markets and will make 888 token price less volatile.
➢ Devs continued their further coding of the new back office to attract online traffic more
efficiently, analyse platform operation, make payments to partners and accept crypto
and fiat payments from gamers.
➢ Added more SLOT PROVIDERS taking the total number of slot providers to 72.
➢ Added more LIVE CASINO PROVIDERS taking the total number of providers to 16.
➢ CEO, CFO and core team members are already preparing the visit to SIGMA Malta which was first scheduled for February 2021 but has been postponed to April 2021.
➢ Mastercard deposit and withdrawal option was added.
➢ Skrill digital wallet option was added.
➢ Neteller prepaid solution was added.
What is next in December
- Activate more FIAT payment providers on 888starz.
add Visa
-Website: www.visa.com
-Credit card payment options
add UPI
-online payment method for India
add Webmoney
-Website: www.wmtransfer.com
-WebMoney Transfer is a global settlement system and environment for online business activities with 41 million users worldwide
Testing of the unified REWARD model on 888starz.bet until January 15th.
Activate more game providers and add more fun games on 888starz.
Continue work on the third platform to be added to 888 ecosystem. This is still a close kept secret for now.
Legal department will continue to work on local licenses.
Focus on affiliate marketing campaigns for 888starz.
Focus on marketing and promotion of 888token listing event.
Financials
From a financial standpoint, November was a good month for 888tron and 888starz.
888tron.com total dividend pay outs were over 3,624,900 TRX (~116,000 USD). Which is an average of ~5,9 USD per 1000 tokens per month.
888starz.bet Total bet – EUR 215,034 / Total Paid out 199,290 GGR - EUR 15,744. Total expenses was EUR 15,659. Net profit + EUR 1084,47 (+ 1,312 USD).
These funds will be added to the reward pool and will be distributed among ALL 888token holders on January 15, 2021.
Final thank you
We are looking forward to 2021. We have a lot of things planned for next year.
While some of our competitors are slowing down or have hit a dead end, we have only just started and the best is yet to come! One token economy is the best and only way to succeed!
Thx for your loyalty, patience and support.
Ruslan,
CEO
Addendum
INVOICE 11/20 – TOTAL NOVEMBER 2020
