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/biz/ - Business & Finance

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6497721 No.6497721 [Reply] [Original]

HORSE is the next 10x and here’s why:

- $5mil market cap. Similar projects are valued atleast 5x higher.

- Genius smart contract gambling platform; bets (“races”) are made on future crypto prices. Bets are locked into smart contract which disperses winnings when the race ends. Payouts are in ETH = betting platform for earning ETH

- HORSE is a dividend token; HORSE holders will receive quarterly payouts of ALL the profits ETHorse generates. 5% of every betting pool is taken out and set aside for HORSE holders. Payouts are at the end of every quarter and paid in ETH.

- Founders tokens are vested for 2 years, the rest of the tokens went to the crowdsale. THERE WERE NO PRESALE BONUSES so everyone is on a level playing field.

- Public release of platform going live very beginning of February means token holders will start receiving dividends Q1.

- Being added to exchanges very soon; devs have stated in telegram they have submitted applications and fees to several exchanges. Likely going to KuCoin and/or Binance.

- Tradable on Ether Delta and IDEX beginning January 16th.

>> No.6497825

Breakdown of HORSE dividends:

the dividends are a big reason to hold this coin.

There will be 100M tokens total in the public sales, 125M total. If you put in 1 ETH and get 20,000 HORSE tokens in the round 1 public sale that means you have a 0.016 percent stake of the 5% house take.

If you assume there are $1M worth of bets per day then that's $50k take for the house and 0.016% of that is $8 per day. Therefore over a year of such volume, your 1 ETH investment will net you earnings of $2920. At ETH/USD=1000 today that's a nice return even ignoring any appreciation of HORSE tokens that might occur. With predictable earnings like that everyone will want to buy in driving the price of the HORSE token up considerably. As volumes on Ethorse increase so will the price (compare to bond market prices relating to the interest they earn).

Can Ethorse get $1M of bets per day? Well, for comparison just look at Coinmarketcap data and you'll see there are 450 coins/tokens each with over $1M volume today. Over the last 24 hours the combined market volume was $46 billion. As we know the cryptocurrency markets are highly speculative - many people are essentially betting on them. It seems reasonable that people will be making similar "bets" as literal bets on Ethorse. They might even use it as a hedging mechanism.

>> No.6497963

Yeah I'm gonna buy with nothing but your shill to fuel my decision. When do we get the ED link? Tomorrow? Will they post it on their twitter?

>> No.6498177

>>6497963
I've already done most of the legwork for you anon. Since I'm nice I'll pull it up one sec.

>> No.6498408

>>6497963
https://etherdelta.com/#0x5b0751713b2527d7f002c0c4e2a37e1219610a6b-ETH

>> No.6498412

>>6498177
This sounds like a legit winner anon. Thanks. Looking forward to ED link.

>> No.6498480

>>6498408
>token
dropped

>> No.6498680

discord gg/3fW7bzr

>> No.6498751

>>6497721
Etheroll is like the worst performing coin in all crypto.
Betting coins are garbage.

>> No.6498926

>>6498751

This is better than etheroll and simple enough that it will become viral screencap this. Think cryptokitties.