August report
Dear 888 family,
I would like to inform you all about what we did in August and what we have planned for the coming weeks.
➢ About the much anticipated FIAT license: All paperwork, licensor’s terms and conditions were taken care of by our legal team. We are waiting on the approved and signed license so we can finally launch what we intended to do a couple of weeks ago.
➢ We have integrated and tested 5 new CPA networks. Once FIAT license is active and content is added to 888starz they can start their promotional work and generate traffic and attract new players. The FIAT target audience is X times bigger than the current crypto user base and will be important to generate bigger div pools.
➢ The 50M TRX was concluded and the live draw was held. The winners who sent 1TRX to confirm their wallets were paid out. The total prize pool was 4,125,000 TRX which is the equivalent of almost 100,000 dollar.
➢ The preview version of the new 888starz.com landing page is online.
➢ 5 new game providers were integrated into 888starz.bet: Lady Luck Games, 5 Men Games, Reel NRG, Nsoft and Nucleus Gaming. Once license is active dozens of gameproviders will be added. You can find a list on the bottom of the new .com website.
➢ A retention unit for dealing with players was opened.
➢ Our 888token was indexed at one of the major exchanges namely www.coinbase.com.
What is up next?
➢ Patiently wait some more for the license to arrive .
➢ Activate the 20+ different fiat payment providers so CPA networks can start their worldwide promo campaigns.
➢ Final testing and implementation of the mining and dividend model on 888starz.bet ➢ Launch the 888starz.com landing page with full functionality. A request to the community: if translation inaccuracies are found, please inform the admins and offer your alternative translation. To do this, send a screenshot of your translation variant and its meaning in English. Remuneration is guaranteed and your help is much appreciated.
Financials
From a financial standpoint, August was not a successful month. At the beginning of the month, the platform earnings were about 16 000 euro. VIP gamers and bookmakers managed to win over 40 000 Euro.
Taking in account the limited content on 888starz due to license acquisition and absence of fiat payment options, the conversion from the attracted traffic failed to cover all the losses.
So we finished the month August minus 26 616 Euro. Since this is a big multi year project and the best is yet to come, the loss was entirely covered by team funds.
In the meantime we will keep on building and we are confident to turn 888starz into a profitable online gambling platform soon. We have managed to connect a sufficient number of affiliate partners and we are expecting new traffic that will drive the platform to an operating profit.
New event
In October we plan to launch a new BIG event with a very nice prize pool and a car as top prize.
We have not decided on the make and model yet ;)
Final word
Thank you all for your support and loyalty to our platform. We will do everything in our power to turn this platform into a success and we will do everything possible to make 888token a rare and valuable asset to hold in the future.
Kind regards,
Ruslan
CEO of 888tron and 888starz
