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grasle
Traffic Value: $41,486.01161 Poland
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05/02/2017 00:10
Hello,

I wasnt here long time. Anyone can describe in short what changed here in last 1 year please?

When FTQ investments will be available again?
Dividends for RP are paying or not?

Thanks a lot.
vecors
Traffic Value: $2,173.146 Portugal
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05/02/2017 00:31
Welcome back grasle,

A lot has happened in the past year.
The entire team is working really hard on building new products and improving the overall platform.

Summarizing:

Recently we launched Coinflip Evolved - our first freemium game. Visit at www.coinflipevolved.com

We also created the Funding Page. We will be adding new projects to be funded directly by our members for a ROI. You can check the first two projects we added there a few months ago.

We are working to finish the Secret Freemium game, which has taken about a year to complete and will be launched within the next few days (exciting grin );

MyMatrix - a matrix that will be launched very soon as well, with some elements that differentiate from the other matrixes online.

Sumo roll, a freemium game as mobile app will also be launched in the next few weeks.

We are currently redesigning PBG and also working on the two way login for PaidVerts. (1 for advertisers, 1 for people who are looking to earn money)

Now, numbers:

We were able to reduce our monthly expenses by over 50%, our adpack sales on PV have been steady and increasing, PPMG is having bigger results and turning into a very interesting product.

We are now at a point that we are pretty much able to cover our monthly expenses, which means that after those are covered, the FTQ will be paid.
Dividends will only happen once the FTQ is paid.
Personally, I wouldn`t pay them until we have a "comfortable buffer" of cash to cover any unexpected expenses.

RP`s are still at a very low price, and this is the perfect opportunity to grab some for the long term as the new products (especially the Secret Game) are set to bring results to another level.

I think I covered all our products and your questions. Anyone else can complement this info grin
grasle
Traffic Value: $41,486.01161 Poland
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05/02/2017 00:48
Thank you for the informations.

Please tell me how can i be sure FTQ will pay? Is it 100% sure? If it is sure but depends on time i see there are some good offers to buy from FTQ market right?

About RPs still same amount in circulation? Can we be sure there will be no reducing or something like it was in past? I lost really much money because of that. Ohh it was named SWAP ... I am still scarry of this that is why left this service year ago...

About Paidverts ad groups still paying? How much? Can you show me how many users is in each group and how much is getting money each day? Paidverts is safe also? I see there is 2400 baps for each adpack, it was 3100 if i remember correct. Any more changes? Please tell me more.
vecors
Traffic Value: $2,173.146 Portugal
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05/02/2017 00:51
I might seem biased on my answers but they`re true:

- FTQ will be paid for sure. We are rebuilding MTV based on honesty and we will do everything to repay it.

- There is still the same number of RP`s and there won`t be any change on that number. No splits, swaps, whatever.

- PaidVerts has been paying everyday and cashouts paid within 24h. Daily ads are being sent according to results. They may not be big but they are consistent and sustainable. PaidVerts is probably the safest place online to put your money in.
Check daily ad issue on PV Forum (also launched a few months ago).
grasle
Traffic Value: $41,486.01161 Poland
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05/02/2017 00:53
What about rest of my questions?
vecors
Traffic Value: $2,173.146 Portugal
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05/02/2017 00:57
Check again. I hadn`t finished yet tongue
grasle
Traffic Value: $41,486.01161 Poland
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05/02/2017 01:09
Ok Thank you very much for info.

What about 1% from adpacks? Is it exist all the time? Will i get 1% or 10% dont remember exactly in next 10 days in ads ?
vecors
Traffic Value: $2,173.146 Portugal
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05/02/2017 01:19
Yes, that is still valid. Pretty much everything you were used to is still there.

And that`s 1% for 10 days = 10% of your purchase.
grasle
Traffic Value: $41,486.01161 Poland
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05/02/2017 01:20
And why ads are 22 baps not 25 baps?
casio8978 - Forum moderator
Traffic Value: $14,531.83197 Slovenia
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05/02/2017 01:22
because there is also a log in ad, which brings you 25 BAP+8x22BAP
grasle
Traffic Value: $41,486.01161 Poland
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05/02/2017 01:27
Ohh okay. Thank you very much for info. 

Aprox. when FTQ will able to pay again ? How do you think ? 
vecors
Traffic Value: $2,173.146 Portugal
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05/02/2017 01:41
It`s hard to say that. FTQ represents a big debt and will take a while to be repaid.

If all goes according to plans, it might start being paid in the next few months. Who knows! grin
vicura
Traffic Value: $4,969.3683 Spain
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05/02/2017 04:04
So are we close to the even point?
dguy
Traffic Value: $15,993.01608 Canada
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05/02/2017 04:33
Yes, Marc said our costs are between $1,500 and $2,000 per day. If you add in the amount of BAP debt we eliminate each day - which should average out to 2 million BAP ($1,000) for every 100 million bet in the games - we should be over that number most days. Of course, BAP debt is as much an accounting thing as anything else but we are near to turning solid profits (before FTQ debt payments etc.) soon IMO
druth8x
Traffic Value: $22,417.44153 United States
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05/02/2017 04:34
"Dividends will only happen once the FTQ is paid."


Is this an official statement?

AKA no more "80/20", just all $224K must be paid, whether it's $1K or $5K or $20K or $25K whatever per month, b4 dividends are sent out.

I'm not trying to drive either the FTQ or RP market one way or another, but with a statement like that, doesn't that mean that RP are worthless (besides daytrading) until ALL FTQ is paid back? Thus, there should no longer be any FTQ for sale, nor should those on sale be so low.

___________
BTW, I know that the Results don't show everything, but how is this:
60 Day Avg. Portfolio Revenues: $731.40

"close" to getting us $50-$60K + something for the FTQ?
That's not even $22K / 30 days.
Everything eles not shown on Results would have to be a lot.
bozof
Traffic Value: $29,464.72207 Slovenia
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05/02/2017 18:50
The easiest way to calculate "profit" would be something like that:

Difference between deposits and cashouts + Sold AD packs and all other advertising with fresh funds + casino profits + all other outside revenues like profits from banners, cashoffer etc.. or ?

So if we speculate a little for January. Accounting is not complete yet till 28.1 there was difference between deposits and cashouts positive 18.605$. I am probly not overreacting if I say there has to be at least 500$  of fresh money invested into Paidverts daily. That would make 15.000$. Cashoffers 2500$? If I am not mistaken MTV get 20% of profit from cashoffers, so if accounting says there were 500$ of profit whole amount should be 2500$? Outside advertising 1560$ according to accounting. 7775$ from PPMG.

Maybe my calculating is not completely right but I have got 45.440$ profit for January - cca 60.000$ costs = 15.000$ deficit. What those 15.000$ means is not known. Are that costs that can wait for some time to be paid or not?

15.000$ of deficit is not so big number anymore if we speculate again. slosumo said CE may made 1.000$(400$ advertising, 600$ ingame purchases?) profit in 30 days. More then 10.000 players tried CE allready, probly around of 500 players is active. If we speculate again with a freemium game that will probly launch next week. With AD sense we can get higher profit from advertising x2, maybe x3 but let be negative. 500 players - average 800$ profit, with TIER I countries maybe 1000$ ?  If game is good, I do not really doubt in that we can get 1000, 2000 maybe 5000 players? Could we make a 10.000$ profit with 5000 players? If yes then soon there will be no deficit anymore. Does that game have a shop? I hope! I do believe what Marc said today that business will start to pick up in next 2 months!

So I am seriously thinking to start investing into MTV again after half of years of silence. Reason why I stopped is gone and future looks positive.
casio8978 - Forum moderator
Traffic Value: $14,531.83197 Slovenia
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05/02/2017 19:22
bozof
well everything is possible..
do you know that  "development" version of secret game have 20k users.
if i remember andraž's words correctly, 20k users without advertising.
now, with advertising it will be huge.
bozof
Traffic Value: $29,464.72207 Slovenia
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05/02/2017 19:34
There is a question how many players is actually active.

Not sure if I was a little overreacting with income from advertising. CE expected profit from banners is 110$ that could mean 2500$ with 5000 players and AD sense. But game like this is reloading a lot, CE do not. In every case I am excited what that game will bring tongue 
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
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05/02/2017 19:46
I know that the Results don't show everything, but how is this:
60 Day Avg. Portfolio Revenues: $731.40

"close" to getting us $50-$60K + something for the FTQ?
That's not even $22K / 30 days.
Everything eles not shown on Results would have to be a lot.

Even though the business entirely changed, the way of calculating results is still "old school".
Meaning that you can not find the 50% contribution of Bulk ad sales to the development funds on the portfolio, portfolio referral income, offerwalls, external advertising, 3% trading fees on RP's (It currently shows just 0.5%) and many, many more things.

Obviously, we want to portray our revenues correctly, which is why we're keeping an external google sheet that is out there for all to see.
I fully agree if you think that it's not the best option and surely many people don't know about it, but given the circumstances this is the method we've chosen.

If we would change the entire result card to show correctly, that would be a lot of work.
So much work that programmers adviced me not to pursue it before building a new platform.
As far as i'm concerned I much rather spend our current budget on building products that can make us profitable.
To be quite frank, I never really had a choice in the first place, we either build profitable products or we're not able to run at all.
We've told you about our deficit, this happened when we closed down the fast track queue, which was our main source of income.
We were planning to close the fast track queue way sooner, but then we would have simply drowned.
When we closed it, we were able to run our business and pay fast track queue payments for a while (I guess some of you still remember this).
But many people left our platform due to the removal of the fast track queue and unrealistic dividends/ads.
This caused a decline in overall earnings and we halted the fast track payments.
4-5 months ago we recovered from our debt.
Our team was incredibly happy for 2 hours, times seemed to get a lot better.. That's when BarterMyFunds got hacked.

From that point on the pre-december-period kicked in, a period that we were very aware of.
It caused us a deficit of $10-$15.000/month. (With exception for December, which we got through by having 2 marketing stunts for both Bulk ads and advertising discounts)
About 10 days ago business picked up again, which means that we're done with the worst period of the year (In our type of business), coupled with all of the upcoming projects during this month our future looks promising.

ETA's for our most promising products are the following:

Secret freemium: 1 week
MyMatrix: 10-14 days
Sumo Roll: 3 weeks
Here and there we're doing some smaller changes, but which are very important as well, like:

Barter My Funds widgets
New Playbitcoingames-design
Deposit bonuses on both ppmg and pbg
Upgrades to CoinFlip Evolved

I feel confident about the business.
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
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05/02/2017 19:55
@Bozof: Difference between deposits and cashouts is no profit on our end, that money is yours to cash out whenever you want, we are liquid.

Revenues for January were $44490, coupled with about $9200 in investments for sumo roll we were able to break even for that month. (Keep in mind salaries were a bit lower because of holidays during december)

We were able to lower the Amazon costs to $5030 during January.

--

The new freemium game has a shop with lots of different purchases wink
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