Vitalik SLIPS
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vitalik SLIPS SOCIAL BETTING AND CHALLENGE PLATFORM FOR GAMERS AND STREAMERS HUSAIN FAZEL KYLE O’NEILL +31 (0) 616 963933 +1 303 909 1479 [email protected] [email protected] WHAT IS SLIPS ? Slips allows people who watch streams on sites like Twitch to make bets with each other ... StevieGamer_07 Dr.Disrespect will win this game easy!! VS. You are being challenged by Pokiku ... Dr.Disrespect will NOT win this game! Pokiku You really think he is going to win this game? C’mon... 1000 SLIPS Pokiku has made a new challenge! Do you accept this challenge? ACCEPT DECLINE about virtually anything you can imagine... BET #3412 TIME REMAINING 33:45 CREATOR Hanzel09 Dr.Disrespect will most likely do this by the end of his stream Break his controller End up crying Punch the couch None of the above 3300 SLIPS SUBMIT MARKET OPPORTUNITY Gaming is becoming part of mainstream culture Sports personalities are imitating dance Parents feel justified forking out for Professional video game streamers are moves inspired from games like Fortnite video game coaches for their children collaborating with rappers and celebrities. People who play games professionally are participating in something called eSports The eSports gaming industry has grown over 200% in the past year, leaping from $149 million to $463 million and is expected to grow another 38% in 2018 to $905.6 million. Newzoo states the amounts wagered on eSports betting will grow from $315 million to 23.5 billion by 2020. MARKET OPPORTUNITY (CONT...) Fans are driving this explosive growth IN COMPARISON ... $11,000,000 The winners of the Super Bowl in 2018 got less than the $11.2m the DOTA2 Tournament winner received! $11,000,000 The 2018 DOTA International Tournament and the total purse for the 2018 Masters prize pool was $25.5M was also just $11m, the winners receiving just $1.8m of that! DOTA 2 The winner took home $11.2M! here is the amazing part… almost all of the $25.5M DOTA tournament prize pool was crowdfunded from fans! MARKET OPPORTUNITY (CONT...) and it’s not just the professionals getting in on the act… Millennials and Gen-Z are Donations and subscriptions increasingly beginning are the best ways to earn to pursue streaming not money if you are not only as a hobby but as a a pro gamer legitimate career… but creative streamers are Popular streaming services Twitch and Youtube have a always looking for new ways combined average 270% growth to engage their audience... in content creators this year Streamlabs reported in their 101 M+ 2017 Q4 Report that Tipping reached $100M for the year; in donations that’s just user’s tipping their favorite streamers! THE PROBLEMS WE ARE SOLVING FOR GAMERS You can only watch or bet on professional events on existing sites You can only bet on a limited selection of games You can only make simple bets (win/loss) You have to bet on sites away from where the action is happening (Twitch/YouTube) The sites you can bet on are clunky and ugly (it's true!) FOR STREAMERS You have to work hard to keep your viewers engaged You have to rely on donations and subscriptions for income You have to find new ways to grow your audience You have to stand out from other streamers competing for the same viewers COMPETITORS Is there any competition? In a emerging space like this … you bet there is! These guys cater to the hardcore gambler - you can bet on all the biggest professional tournaments. UGLY INTERFACES LIMITED NUMBER OF GAMES BET ON TEAM A or TEAM B Your average Twitch streamer has no interest in visiting a site like this ... COMPETITORS (CONT ...) and there are a number of competitors who want to utilize blockchain technology too... the guys below are the best of a bad lot! PROJECT AMOUNT RAISED PRODUCT STAGE COMPARED TO SLIPS LUCKBOX $7 million outsourcing development to They do understand betting should happen on streams but third party they only cover professional events and are restricted in 500k over 3 seed rounds working towards 2018 launch. game choice by their API $1.4m presale content hub and match calendar est. Sep 2016 $4m private investors released so far ASURA COIN $4.7 million completed ICO end of June Their focus is on being the go to destination for eSports, focusing on their content they have a fancy betting rule creator to allow custom bets $4m crowdsale platform first before betting, but still use APIs for results due to launch Q4 2018 est. July 2017 $700k private investors GIMILI hired a dev team in Aug Like us they are not focused on professional events and $1.7 million 2018 after 10 month delay, understand the fun happens on streams. They ask the $1.5m crowdsale product to be released in stream owner to provide results but bets are simple (A vs B) Q1 2019 est. Feb 2017 $200k private investors and in fact to save you having to read 20 odd white papers yourself we “thoroughly” reviewed every project (including the ones above): https://goo.gl/6QefB5CLICK HERE TO VIEW THE ARTICLE PRODUCT FEATURES Allows users to bet on the Uses blockchain technology $ A stronger and more reliable streams they watch, not to let users bet on more games $ source of income for content just on the pros. and make more creative bets creators Slips is not just for the hardcore Unlike our competitors we are not Rather than relying on donations gambler. Users do not need to work limited to a small selection of games. or subscriptions - content creators out odds or handicaps. In short, using As long as you are confident you can earn a regular income by Slips is fun. Just like the streams they can prove the result, you can bet challenging their chat community enjoy watching. on just about anything! and taking a portion of bet revenue on their stream. Available as a dApp, mobile Fast settlement of bets app and browser plugin for An interesting way for $ with cryptocurrencies Twitch, YouTube, Mixer etc. content creators to stand out in a crowded market We use cryptocurrencies for deposits Users are happy on Twitch or YouTube and withdrawals, content creators, Because viewers are notoriously so we don’t force them to go elsewhere. and betters can start betting and fickle: they need to be entertained Companies are already asking us if we settle their earnings immediately. and streamers need new ways to can make our technology embeddable keep people watching. on their sites. INTRODUCING SLIPS - CHALLENGE INTERFACE The stream is embedded directly from an existing Users can engage in all streaming service like the usual banter and TwitchTM or YoutubeTM trash talking In-chat notifications pop-up from time to time to alert the user about new, completed and settled bets You can make a bet You can add flair to the whilst watching conversation with videos, the action unfold… GIFs, emojis, and reactions INTRODUCING SLIPS - ARBITRATION INTERFACE Real time consensus takes place. Either the bet participants will Users upload evidence to settle this bet or an arbitrator support their claim will need to step in… If consensus is not achieved: Jobs are awarded based on The arbitrator will make a ruling… how much of their own money the arbitrator has A decision which is finalbut can staked and the ratings be rated by the bet participants they have received INTRODUCING SLIPS - USER PROFILE A way to allow users to interact with each other but also a creative space in which to showcase their personality. STATUS UPDATES BADGES Users can add quick status Gamification is worked into the updates like twitter and also design of app. Users are pay for the privilege of awarded prestigious or promoting their updates to the humorous badges rewarding entire user base their participation ACCOLADES A way for users to brag about PROFILE THEMES their achievements and provide evidence There are multiple themes for the profile the user can pick from including premium themes for purchase ROADMAP By the time you read this pitch deck, we will have completed (or almost completed) our proof of concept! So what happens next? Q4 2019: Q1 2019: Start adding the features Q4 2018: Assuming idea was that round out the Slips Validating the idea validated and funding Experience and building the is secured - work towards foundations for a the full launch Develop “Match-making” system to match gamers with others of successful business Q2-Q3 2019: Full code and smart contract similar skill set and wager preference Small scale launch of audit. Incorporate user Working towards the proof of concept feedback into improving first full vision for Slips version of the product In-platform marketplace for the exchange of skins and other Set up marketing funnel Begin development of the Complete building arbitration digital items and start tracking conversion browser plugin for Chrome module: algorithm to select at each stage and Firefox moderator, rating system etc. Skins to Slips exchange for allowing virtual items to be Company incorporation & Begin development of the iOS Test arbitration and begin exchanges for cryptocurrency research into gaming license, and Android applications banking relationships arbitrator recruitment tokens that can be used on the app Create embeddable widgets Obtain funding to begin work Begin marketing efforts for to allow third party sites to Launch of our browser plugins on the next phase of the launch use Slips on their websites and mobile applications development BUSINESS MODEL We have a simple transaction driven main business model User makes a bet $20.00 SLIPS Slips Betting Fee (5%) $1.00 Pre-agreed arbitrator fee if bet is $0.40 disputed (2%) Optional additional arbitrator fee (1%) $0.20*N * No of Arbitrators requested (N) we charge a flat 5%* fee per bet * We will be using values from our proof of concept (ready November 2018) to refine this model BUSINESS MODEL (CONT...) These revenue sources will help us build a steady revenue stream Betting Revenue NOW NOW Advertising (main) (supplementary) Our main line of business is the We are building an engaged revenue we make from users audience that brands will find betting on streams attractive and want to connect with through us.