The investment case for etheroll

Interesting.. Tell me more

With the current bankroll the game is on track to produce ~400–500 ETH per quarter. At the current price of ~$380 per ETH this gives us $600,000–$760,000 for distribution. Or, per token ( 7,001,623 DICE in circulation), $0.08—$0.10. Considering the recent price of DICE (~$2.00) we get a yield of about 4.3–5.2%.

But let´s not forget that no marketing has happened yet and the full bankroll is not yet deployed (Only 1,344 Eth are currently in use, 17,745 Eth are waiting to help scale the bankroll in the future.)

With the huge market before us, how do these numbers look like if we can scale the operation 10x or 50x?

At 10x, the game would produce about $0.97 in dividends. At a 30 times multiple (comparable to price/earning ratios of publicly listed gaming companies) this would result in a token price of $29. (14x the current price)

At 50x, the numbers are $4.88 in dividends and $146 in token price (73x the current price).

>>2455318
basicvally, you can buy the tokens for $2. but this is 20X undervalued because the whole bankroll is not deployed yet. it's a massive discount. etheroll will be the biggest gambling DAO on ethereum thanks to it's distributed ownership model.

So I need to hold my DICE in their wallet, and it essentially generates dividends every 12 weeks?

>>2455346
no you hold it in YOUR wallet, and then sign a message to the contract every couple months to receive the bounty

I was very interested until I saw the demo video. I'm still interested but also hesitant. You see, if someone is trying to get me to invest my meme earned cryptos I at least expect them to find a cheap freelancer to do something minimally professional for their presentation. It doesn't cost much these days to find someone that'll do a professional voiceover (one of many things that can make you look more convincing)