/biz/ - Business & Finance

>>6606544
A quick rundown:
HORSE is low market cap gem and here's why:

$5mil market cap. Token sale sold out in 4 minutes. 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.

Breakdown of 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).

>>6606625
This is a coin like BNTY or Lamden, you make huge gains if you're early. Too bad you guys never listen though

your efforts are not unnoticed anon. they just dont want in

>>6607036
Hmm I'm glad it got at least one reply. When did you get in? I hope some people bought in at least.

>>6606625
I work in the horse racing industry, what kind of bets are we talking here? How are the odds calculated. If there is a 'house' that means it's centralized and I might as well go on Nyra bets and throw my money away

>>6607340
I don't know shit about horse racing but it's called parimutuel betting. I haven't looked at the technical aspects of it. Try their telegram or discord they'll get back to you quick. I'll ask them for you now.

>>6607168
ico. ive been in the other threads as well lol

>>6606544
Thanks op! I listened the other day and got some. Thank you!

>>6607497
ah a mature HORSE then, good to hear!

>>6607509
Glad I could help! Where did you get in at?

>>6607644
I got some on ED around 7 cents yesterday. Already more than double today last I checked!

>>6607340
Just double checked the whitepaper and there's an example here. Check it out for yourself www.ethorse.com