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July 14th - News

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MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
32 like this post 1 people
14/07/2017 16:11
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By the end of August we should be finished with our paidverts changes to improve sustainability and make it much more accessible to advertisers.
With this new set up we plan to add additional PTC elements and gain more traffic now that clixsense and Neobux have given up on the PTC side of things.

We have decided to go for the changes we expect to have the biggest impact at first but will add smaller changes later on once we have stats to build further upon.

In the next few days we will give a summary of the overall changes.

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We're also changing playbitcoingames from USD to bitcoin balances to have a guaranteed house edge, as bitcoin is too volatile to handle with USD balances, especially now that sending small amounts has become so expensive.

This seems like a small change but is quite a hard change as all games are built with USD balances.
We've come up with a simplified solution to get the change done quicker, which will change the betting amounts slightly, more about that later.

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These are the last 2 big changes to our current projects and after that we do not plan to build any new products for the foreseeable future.
We have a lot of qualitative products, which can easily be turned into big cash cows, if marketed correctly.

Currently our main 2 problems limiting our growth are:

-Too small team for the amount of products to effectively market them consistently
-Lack of marketing budget

On top of that we have some smaller problems like Andraz and me having limited time to focus on marketing/controlling marketing teams.

This has led to piling debts which we aren't able to pay off if we keep the current company structure.

After discussing it with our programmers we have decided that we can no longer continue with them being full timers.

-We have no bigger projects to work on
-It's not beneficial to anyone to come up with "on the go"-tasks which do not add sufficient value and cost us a lot of time which can be spent elsewhere
-We don't have a budget to pay everyone on time as of now

-Our programmers will go back to working on an hourly basis, whenever we have projects and a budget.
Meanwhile they will still update our code, act in situations of emergency and deal with bugs.

-I will continue to work without a salary until we can afford it.

-Carlos' office gets a 30% lower salary

-Our slovenian office will limit their programming costs and focus more on marketing

-David will keep his hours to a minimum to simply keep up the structure and slowly scale up as traffic increases

-We have moved most of our support and design services to our brand new Venezuelan office which now has 9 employees which handle support, design and marketing

-We have divided the moderating team in 4 groups to market 4 of our products

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This severely lowers our costs and should result in profits with which we can work through our piled up debt, after which we will be able to spend money on proper SEO and marketing of our most promising products.

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Sometimes you have to take a different approach to move forwards.
Right now this makes most sense as we will never able to market properly and increase profits as long as we don't have a marketing budget which requires profits, making it a never ending cycle.
We were hoping to get some more natural/free traffic from word of mouth, basic seo and free traffic lists/sources, but were unable to get sufficient income from it.
PlayBitcoinGames is part of a very competitive market and PlayPerfectMoneyGames has almost no community/market, ppmg IS the market basically, followed by a few smaller competitors which are far behind us.

For ppmg there isn't an easy method to realize growth.
It's number 1 in SEO and traffic and there are very little Perfect Money Casino-related forums/lists.

So we will need more advanced SEO and paid marketing to be able to have PlayBitcoinGames compete with others.
MyMatrix requires some changes as well, perhaps we have to lower the fee as right now for some it's too expensive to buy in, for others it's enough to be satisfied to just fill up their first level.

We are sure that this will take off a lot of pressure, allow us to pay off our pending debt and result in growth once we have had time to educate our marketing team, start paid marketing and hire people to perform advanced SEO-services.

The crowd is obviously welcome to chip in as well!
dguy
Traffic Value: $15,993.01608 Canada
1 like this post 2 people
14/07/2017 16:55
Good to hear about PV and the BAP reduction. I'm currently testing some marketing and maybe hope to get a co-op rotator going in the future for advertising PV. I'm thinking many people would chip in at the $10 rate with a minimum co-op ad of $100 total to make it effective
Malik7
Traffic Value: $18.78983 Pakistan
7 like this post 0 people
14/07/2017 16:59
Now that's a great post. First of all you should keep posting whether its positive or not,that will bring people trust.I lefted online earning platforms years ago but never quite reading MTV's forum. I m addicted angel There was a time when people felt proud to comment first or to be in first page
Our forum is now devasted and barren. May be we should close PBG for now and focus on other projects as it is difficult to compete with others(for now).

P.S just my thoughts
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
15 like this post 1 people
14/07/2017 18:06
We are most definitely not closing PBG.
It is a project with a house edge and lots of potential.
Walking away from competition doesn't fit my personality and I know it's not an impossible task to run a profitable bitcoin casino.
It just requires time, the right approach and a budget.
stobb
Traffic Value: $154.10116 India
2 like this post 0 people
14/07/2017 18:45
only proper marketing can make a good difference but still there risk involved as we have 2 casinos anytime a lucky player can check mate a  day's whole result ,i think using pv as a advertising tool is great option people used as money making machine but actually it's an advertising platform so using it and focusing on pv as advertising platform will definitely bring us some good revenue,mtv is making nothing if we have some advertising plan for mtv it can become a good advertising area too,nothing need to say about BMF,but we if we can build a platform like steam online gaming area it has huge potential to get user investor and also advertisers too,bcz gaming world rapidly growing and changing and i know that's why we started "sumo roll" no news about that product i think it was died like mm.io if we revive that two program also ,it will be give only profit
Malik7
Traffic Value: $18.78983 Pakistan
3 like this post 0 people
14/07/2017 18:56
"It just requires time, the right approach and a budget." that's my point.We don't have any at the moment.What i mean was just leave PBG as it is for now until our revenue increase as we can't spend 50-80% of our revenue and manpower to a single product while having many other valueable products that are downvalued due of lack of attention! 
Hoppa61
Traffic Value: $73,032.40453 Netherlands
2 like this post 1 people
14/07/2017 19:34
Will the issue of ads, depending on your BAP-level remain the same?
Vixthra
Traffic Value: $2,179.00664 Slovenia
5 like this post 0 people
14/07/2017 21:59
"In the next few days we will give a summary of the overall changes."

Patience you must have, my young padawan wink
fraser
Traffic Value: $6,746.66688 Australia
9 like this post 0 people
15/07/2017 00:24
Sustainability of Paidverts is key.  Actually...profitability of Paidverts is key.

If BAP debt can be consistently reduced, then the ad issues will gradually increase.  This will give people the motivation to climb the groups, if they see others earning a good return.

Perhaps we could also consider increasing the number of groups, so that the next group up becomes more easily achievable for people.
SilntKiller
Traffic Value: $160.90881 Pakistan
2 like this post 0 people
15/07/2017 04:31
@ MarcdeKoning - Administrator
DomingoX6 - Forum moderator



Can any one provide all mtv products name links and one liner description i am interested in promoting.grin

I am not active  forum member so i don't have much idea about the products.
I want to contribute with out any cost.
Tony125s
Traffic Value: $2,081.0882 United States
3 like this post 0 people
15/07/2017 04:51
When do we get our money from the gambling competition? smile
donsoulz
Traffic Value: $7,212.45963 Malaysia
3 like this post 1 people
15/07/2017 13:14
lol...we lose again in PBG....?
DomingoX6 - Forum moderator
Traffic Value: $2,272.07399 Venezuela
1 like this post 0 people
15/07/2017 14:37
@SilntKiller

Can you contact me via Skype?


My Skype is DomingoX6 happy
MeagoDK
Traffic Value: $2,697.0796 Denmark
2 like this post 0 people
15/07/2017 15:17
Where can I see my shares of the projects I have funded? 
dguy
Traffic Value: $15,993.01608 Canada
2 like this post 0 people
15/07/2017 15:37
project funding page

Click on 'read more' for each of the projects to get to the list of project backers
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
14 like this post 1 people
15/07/2017 17:49
Yes, we lost again in PlayBitcoinGames.

The solution is very simple.. We need more volume.
And to achieve that, we either need to do paid marketing or more people to spread the word.
Our games are fair, too fair you might even say under current conditions and it has a nice referral program.
There is absolutely no reason not to promote it!
DanTheMan
Traffic Value: $4,069.99578 Germany
12 like this post 0 people
16/07/2017 10:56
Please refund the full amount of my ad campaign TA-6182611. Support completely effed it up and hasn't been replying to me since over 2 months. I'm posting this issue for I think the fifth time now on the forum and still haven't gotten a response from anyone. This is absolutely pathetic service. You wanna fix paidverts? Start by not ignoring your customers first maybe. Sorry, but I'm seriously out of patience at this point.
DanTheMan
Traffic Value: $4,069.99578 Germany
20 like this post 0 people
16/07/2017 13:46
The situation has been fully resolved. Slo apologized to me and refunded my campaign, it was all just an honest mistake. Thanks man.
enamul0321
Traffic Value: $1,157.27535 Bangladesh
10 like this post 1 people
16/07/2017 14:49
Ha ha I have got $53.55 to win wagering competition in 6th place. Thank's Admin. Long live MTV.
Tony125s
Traffic Value: $2,081.0882 United States
12 like this post 0 people
16/07/2017 16:27
I got my gambling reward too!  Time to turn this $50 into $500.  Then Lose it all in 10 minutes like usual tongue haha
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