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Zahlen

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #40 on: October 05, 2014, 02:01:46 am »

Just wanted to let other investors know that freebieservers has been active on reddit. Most informative for me was their post history and their AMA (ask me anything). You could also check out /r/GlobalOffensive to have some idea of what their users are like. (this is just a subreddit for one game)

(I don't know freebieservers, only heard about them from this board. So they aren't paying me or anything.)

Gonna pick up a few shares in a while. All the best with your expansion! I've been meaning to check out TF2 but never got around to it, maybe I'll be playing on one of your servers in the future. :)
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #41 on: October 05, 2014, 01:02:14 pm »

Project updates as per 5th October 2014



I have been pending this project update intentionally, primarily because I wanted to post the announcement regarding our updated front end. The new update intends to make the website more aesthetically appealing and make the billing pages less of a pain in the ass to deal with. Sadly gamecp's constraints force us to work longer and deliver updates a while later than the stipulated time. The new update will be up over the next 48 hours and we'll be all set for marketing


Marketing

We have been laying on the low in terms of marketing as we've been waiting on the new site to kick in before going all out on marketing.
However we've got back on facebook  in terms of advertising. I've been approaching a consultant in regards to this. With his assistance we've been able to get targeted likes (those with interest in the games we offer from USA) for around 20 cents. The standard industry rate is at 3-4 usd for such likes, so I'd say we're pretty effective on that end. In addition I'll be running another 100 USD campaign on reddit over the next week. I received a coupon for this campaign for free - so that's a zero spend ad campaign going on. However we've had minor communities picking up on the NY server and we've had a fair surge in the number of hits on the server over the past week. We'll have substantial numbers to show over the next few weeks.
Please do follow us on twitter and facebook if you haven't already


Project Road-Map




1. We intend to announce team sponsorships soon. We will be on the hunt for teams that are worth sponsoring from today. Teams will be analyzed on their popularity on various outlets like Facebook, forums , twitter and their over all gaming ability. If seen fit, they will be offered VIP servers on our platform for free. In addition a group on the forum we've been working on will be allocated to them. Members of the forum will be allowed to sponsor teams via Nxt payments made directly to us. In exchange the teams will promote Nxt, Freebieservers or the start-up you are working with. We intend to sponsor 20-30 teams over the next one month, depending on the number of people willing to pay for their servers. I've had a reasonable amount of interest in terms of people willing to "sponsor" teams with us. It would be great if we could work along with them.

2. We'll be hosting competitions as a low cost marketing / user acquisition tactic over the next few weeks. The prices offered will be in terms of Nxt . This will garner major interest in Nxt as a currency and show players how easy and convenient it could be to use Nxt. We haven't decided on a bounty yet for such competitions and its winners. Am still discussing the competition's model with my team. We also need a fair amount in terms of man-power to handle things in a proper fashion. However, - We do intend to host competitions over the next few weeks and have the price money offered in terms of Nxt coins to garner more interest into the coin. 

We are torn over whether the price should be solely coins because the users will come solely for the purpose of attaining money. My co-founder has been suggesting offering a low amount (10 nxt maybe? ) to every player that comes and offering a CS:GO knife to the one true winner.

3.  We'll be bringing in members to the forum over this week.  Part of our initial strategy is to offer incentive for HQ posts that add value to the forum. We will be offering 2 Nxt for each well made post, 5 Nxt for general threads that garner attention and 10 Nxt for well established gaming tutorials.  Again, I could use some help with these bounties. Giving away coins help us establish a proper economy in terms of Nxt adaption. I'll be discussing other ways we can integrate Nxt into the system.


We are still waking up to the opportunity at hand. We are in no hurry to burn through our budgets and end up with nothing. The crashing value of bitcoins has been worrying me for a while - and I hope this does not affect the business on the long run. I apologize for not keeping the updates coming in a steady fashion. I've been incredibly busy with work/irl things.


I'll hopefully have the new site up by the time I make my next update thread :)
Until then..Sayanora!
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #42 on: October 05, 2014, 01:06:15 pm »

Just wanted to let other investors know that freebieservers has been active on reddit. Most informative for me was their post history and their AMA (ask me anything). You could also check out /r/GlobalOffensive to have some idea of what their users are like. (this is just a subreddit for one game)

(I don't know freebieservers, only heard about them from this board. So they aren't paying me or anything.)

Gonna pick up a few shares in a while. All the best with your expansion! I've been meaning to check out TF2 but never got around to it, maybe I'll be playing on one of your servers in the future. :)


Hey, thats great to hear. We'll be casting more of our magic on Reddit this week :D
Do buy the shares while you can.
If you happen to buy shares - ping me for a free VIP server :D 
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Zahlen

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #43 on: October 05, 2014, 01:36:00 pm »

Hey, thats great to hear. We'll be casting more of our magic on Reddit this week :D
Do buy the shares while you can.
If you happen to buy shares - ping me for a free VIP server :D

Oh wow, thanks! These days my multiplayer gaming time is mostly taken up by Hearthstone and a web game. The guys I play with aren't much into 'big' games.

I did get some shares: txid 5377373223182011414. Would your offer still be valid in future? :) Interested in getting some more, I definitely like what you guys are doing. But there's still a lot unsold, and I don't have enough Nxt to afford to "tie up" too much (dividends won't come until 6 months later", meanwhile until the current batch is sold I can only sell out at lower than 2, i.e. at a loss). Gonna wait before buying some more.

EDIT: Brainwave: a gaming guild and server for Nxters! Anyone else on Steam? PM me!
« Last Edit: October 05, 2014, 01:39:41 pm by Zahlen »
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nxtapple

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #44 on: October 05, 2014, 01:49:17 pm »

Cool project, this will be very useful to me :)
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JanSako

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #45 on: October 05, 2014, 11:04:41 pm »

Hi Freebieservers,

Looking to pick up some shares, but would like to have something clarified. This quote is from your asset description in AE: "issuing 1 million shares for 5 percent profit shares of freebieservers.com's net profit"

Does this mean:

a.) the 1 000 000 shares represent 5% equity in your company, therefore the holders are eligible for 5% of "net profits", but also the shares will grow in value as the company assets (equity) grow

b.) shareholders will get no equity stake, but will receive 5% of future net profits ( starting in 6 months)

The latter would mean that we would not be "real shareholders", instead you would be getting something like a startup loan.

What happens if you choose to "reinvest" 100% of gross profits in the future, therefore there will be 0 net profits? Not to mention all the other (perfectly legal) shenanigans one can play with accounting so that one's "net profit" is close to 0 (just ask any tax professional). Or rather don't ask, less temptation that way.  :-\

By the way, I read your proposal, good stuff, you got my support on the NXT integration (what it's worth we will see based on your answer).  ;D

Thanks!
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pf

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #46 on: October 05, 2014, 11:34:27 pm »

Hey
Do you offer 'upgraded' VPS servers?
I need debian servers with at least 60-80 GB of hdd space and ~4 GB of RAM (ideally 8) with at least 4 vPro assigned to them.
I'm looking for at least one development box to use for hashrate, and I'd love to switch the other two servers as well (currently they are using digital ocean).
I already use 3rd party DDOS mitigation and cloudflare, so there shouldn't be too much in terms of traffic (aside from the stratum traffic, which is minimal compared to a gaming server)
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #47 on: October 06, 2014, 07:20:38 am »

Hey, thats great to hear. We'll be casting more of our magic on Reddit this week :D
Do buy the shares while you can.
If you happen to buy shares - ping me for a free VIP server :D

Oh wow, thanks! These days my multiplayer gaming time is mostly taken up by Hearthstone and a web game. The guys I play with aren't much into 'big' games.

I did get some shares: txid 5377373223182011414. Would your offer still be valid in future? :) Interested in getting some more, I definitely like what you guys are doing. But there's still a lot unsold, and I don't have enough Nxt to afford to "tie up" too much (dividends won't come until 6 months later", meanwhile until the current batch is sold I can only sell out at lower than 2, i.e. at a loss). Gonna wait before buying some more.

EDIT: Brainwave: a gaming guild and server for Nxters! Anyone else on Steam? PM me!


1. Yes the offer will remain in the future for sure.
2. We don't actively promote our assets just yet. We will be doing it from the next week, so you will see these shares moving faster.  I understand your concerns as an investor, but rampantly bringing in money we don't need didn't seem healthy for the business to me. However the 150k shares that are currently in the market will be promoted and sold out over the next few weeks.
3. We would love to put together a gaming guild for Nxters alone that runs completely on Nxt donations. Is there enough demand for this? I'll post a thread enquiring about this later.


Hi Freebieservers,

Looking to pick up some shares, but would like to have something clarified. This quote is from your asset description in AE: "issuing 1 million shares for 5 percent profit shares of freebieservers.com's net profit"

Does this mean:

a.) the 1 000 000 shares represent 5% equity in your company, therefore the holders are eligible for 5% of "net profits", but also the shares will grow in value as the company assets (equity) grow

b.) shareholders will get no equity stake, but will receive 5% of future net profits ( starting in 6 months)

The latter would mean that we would not be "real shareholders", instead you would be getting something like a startup loan.

What happens if you choose to "reinvest" 100% of gross profits in the future, therefore there will be 0 net profits? Not to mention all the other (perfectly legal) shenanigans one can play with accounting so that one's "net profit" is close to 0 (just ask any tax professional). Or rather don't ask, less temptation that way.  :-\

By the way, I read your proposal, good stuff, you got my support on the NXT integration (what it's worth we will see based on your answer).  ;D

Thanks!

Hey there,

The reason why I went with profit shares instead of equity was to maintain control over the functioning of the company. We will be giving out 5 percent of our total profits to investors post 6 months .As a matter of fact ,since community building is my prime focus here, I might issue 15-20 percent of VIP purchases to investors from month 4 (not guaranteeing this ).
In the case of an acquisition from an external party, investors will be given 5 percent of our acquisition amount (5 million acquisition = 250k usd towards AE) . In the case of maintaining this as a company, I'll probably be handling it like Reddit is trying to do lately. Profit will be given back to the investors, but operational control will be kept with me. Is this like a start-up loan? I don't know, depends on your perspective. I look at it as a symbiotic relationship between Nxt and my company - both parties grow and at the end of the day as long as its mutually beneficial/profitable, things should run smoothly.

What happens if you re-invest back to the company?

We'll use the excess funds for bigger projects. Eg : We have been thinking of buying our own servers instead of renting them. This will save us atleast 50 percent of our annual server budget and add towards the total profit. Which means more money will be returned back to you. We might also issue more shares (at higher valuation) as the company grows.

Hey
Do you offer 'upgraded' VPS servers?
I need debian servers with at least 60-80 GB of hdd space and ~4 GB of RAM (ideally 8) with at least 4 vPro assigned to them.
I'm looking for at least one development box to use for hashrate, and I'd love to switch the other two servers as well (currently they are using digital ocean).
I already use 3rd party DDOS mitigation and cloudflare, so there shouldn't be too much in terms of traffic (aside from the stratum traffic, which is minimal compared to a gaming server)


I will talk with my team regarding this. Considering you use digitalocean and we've done our research about cloud computing platforms, am sure -we can offer a cheaper solution for you.
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spaw

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #48 on: October 06, 2014, 11:52:58 am »

Thanks for the update Freebie!

spaw

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Zahlen

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #49 on: October 06, 2014, 12:23:37 pm »

Oh wow, thanks! These days my multiplayer gaming time is mostly taken up by Hearthstone and a web game. The guys I play with aren't much into 'big' games.

I did get some shares: txid 5377373223182011414. Would your offer still be valid in future? :) Interested in getting some more, I definitely like what you guys are doing. But there's still a lot unsold, and I don't have enough Nxt to afford to "tie up" too much (dividends won't come until 6 months later", meanwhile until the current batch is sold I can only sell out at lower than 2, i.e. at a loss). Gonna wait before buying some more.

EDIT: Brainwave: a gaming guild and server for Nxters! Anyone else on Steam? PM me!


1. Yes the offer will remain in the future for sure.
2. We don't actively promote our assets just yet. We will be doing it from the next week, so you will see these shares moving faster.  I understand your concerns as an investor, but rampantly bringing in money we don't need didn't seem healthy for the business to me. However the 150k shares that are currently in the market will be promoted and sold out over the next few weeks.
3. We would love to put together a gaming guild for Nxters alone that runs completely on Nxt donations. Is there enough demand for this? I'll post a thread enquiring about this later.

1 & 3) Dunno if there are enough gamers here (I haven't received any PM replies yet, but it's only been a day). If there are, and we can get a guild going, my VIP server goes to the guild :) A few years ago I ran a small guild (~50 players) for a short while (though I'm not keen on "running" one anymore), let me know if there's anything I can help with.

2 & reply to JonSako) Good to hear, especially the part about careful spending. I'll pick up some more shares the next time I access my account.
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nembit86

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #50 on: October 07, 2014, 10:16:11 pm »

hard question to answer probably but if you got these 1 million users.....is there a very rough ball park figure to a possible monthly/yearly net profit?....trying to work out if its Worth investing

5% of the net profit does not seem at first glance a lot but I could well be wrong.
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JamesList

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #51 on: October 08, 2014, 05:30:16 pm »

please allow fractions in ae.
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #52 on: October 18, 2014, 01:26:34 am »

Hey there guys,

Its been quite some time since I have posted anything on the forum - this has happened because I have been busy with personal affairs (travel , sister's wedding etc). The team has been going strong and steady like always. I am glad to announce updates regarding multiple events on the site.


1. Site revamp.

I am glad to let the world know we have relaunched the site with a brand new look. Although we intend to have the back end dashboard re-done over the next month (right before the vacations begin in America) we've decided to launch updates part by parts / as chunks. The whole idea is to ship lean and keep costs minimal. Although we've been investing heavily into the platform during the past month and we'll continue to see the same trend until the end of the year - the money we've been pouring into this will be recovered via the improved growth rate and higher VIP purchases we'll be seeing.  Our primary strategy right now is to build on the community and the site in parts and move on to establishing a  monopoly in the free game server market as time passes

2. SEO

We are currently #2 in multiple countries (goes all the way to #8 in some other nations) for the search term "Free game server" . We are further trying to strengthen our position via increased activity on the forum, social media linking and a larger user base. The rank in google comes as an added, un-expected, sweet surprise as it keeps us in a strategic location in terms of search engine traffic. Our marketing budget has been minimal in comparison with most of our competitors and a major chunk of our traffic comes via organic traffic. By further strengthening our position in search engine rankings we're assured to see more growth coming in through that source

3. Facebook promotions.

When we'd first started off with revamping the site one of the primary issue members here had pointed out was our low like count on faceboko and how it was a bad indicator of the business's strength. Taking this into account and our desire to have our name renown amongst gamers in America we'd started a small campaign in facebook. We've been targeting gamers from America for the past 1 week. We have gone from 42 to 312 likes with an expenditure of .08 cents per like. Although this might seem "much" in comparison to our other marketing spends (free reddit promotions for instance) - it is a relatively much lower amount. The average start-up spends 3-4 usd on each like - in comparison to them we've been spending much lower. This has been attained via testing multiple campaigns and scaling on what we see to be working for us.

4. Forum

We'd posted on multiple outlets that we'll be paying out in Nxt coins for members that post good content. I'd tried this on a small scale as I wasn't sure how we will be taking on this. I've been keeping an eye on the forum for the last week and we've noticed well over 180 posts that deserve payment. We'll be giving away 1-2 nxt coins for each of these posters. We'll be offering our services in exchange for Nxt payment and thereby gaining the cash back. What I intend to do via such give aways is by creating a small economy that runs atop Nxt coins. The entire idea is to create an experience for these users on how tipping/payments/remittance/transactions work via Nxt coins. We might as well implement multi-sig wallets and have an escrow going on. We've seen some positive numbers on this end in the recent past and we intend to go heavy on this in the coming days.

Project Roadmap


1. One of the most interesting things we'll be rolling out is team sponsorships over the next 2-3 weeks. We've been researching this thoroughly. What we intend to do via team sponsorships is to have major gamers market us in exchange for us paying for their tournament entries and servers. We'll be offering free VIP to upwards of 10-15 teams and use their fan-base for promotions. We'll be marketing this as a completely Nxt backed project and there-fore this will add towards the growth of Nxt

2. As mentioned earlier, we'll also be hosting competitions as a part of promotions in the near future. We intend to use the competition and team sponsorships to further strengthen the brand name amongst players across the globe


3. The biggest challenge for us now is a complete revamp of the dashboard. We'll need to hire a team of developers and work with them for the next month. Our target is to be completely ready by the time the vacation in America starts. We have been talking with top of the line developers in the industry. We've kept apart a budget of 7-10k for these revamps and I'll be issuing shares for the same over the next month. Although we haven't been heavy in promotion of these shares I will be going heavy with the prmotion over the next month as it has become quintessential for us to raise the cash. The money raised will be going towards product development and community building

4. We are also looking to attain whatever form of IP rights we can gain to protect our unique model as this would add towards our total valuation in the case of an acquisition

5. We are also researching a cross-platform cryptocurrency that can be used by gamers across multiple softwares/communities for transactions/trade of items. I can't shed much light on this but we'll have a whitepaper regarding this coming up in the next few weeks.


My immediate concern at the moment is to catch up on work. I have a lot of Pm's I need to respond to as I have been away from the forum for a while. In addition, I'll also be working on a document stating the features/description of what the new dashboard will have and how well Nxt can be blended into the complete user experience. We anticipate major interest from Nxtforum members in the dashboard remake. We'll be glad to inculcate any new feature requests / product revamps you have once the document goes live.

Do keep an eye on this thread in the near future regarding dashboard conceptual papers and the gamercoin white paper.


P.s - I'll put p a chart sheet on how revenue numbers will be like once we do hit a million users.
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pf

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #53 on: October 18, 2014, 02:28:35 am »

You never got back to me?
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #54 on: October 19, 2014, 05:12:54 pm »

Hey pf,

Responded to your pm a while back. Apologies for the delayed response.
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #55 on: October 19, 2014, 11:45:19 pm »

Adding a list of features we intend to build into the site. Am looking to raise funds for the same. If a private party would like to buy 300k of the shares at a discounted rate - message me.

https://www.evernote.com/shard/s496/sh/446ed7fa-e9fa-4003-b8f9-ee2d81c36312/20a8290d2efe0db5e2e0e9728e32917b


Running throw numbers - when we have a 1 million user base.


1. Assuming 100k hits on weekdays - which is just 10 percent of the userbase - we'll be seeing a total of 100k x 22 = 2.2 million hits.
2. Assuming 500k hits on weekends - which is just 50 percent of the userbase - we'll be seeing a total of 500k x 8 = 4 million hits
Therefore, total = 7.2 million hits.
We'll be selling ad spots at 5-7 USD per K - so that's just about 35k USD in advertisements alone.


Additionally,
We sell VIP to 1 percent of  our userbase.
20 USD x 10k = 200k

We sell minor upgrades in the 2-5 dollar range to 15 percent of our user base. Taking an average of 3 usd per purchase
we'll see - 3 x 15K = 45K usd

Total = 200k+45k+35k + Donations (rounding off to 20k)= 300k
5 percent of 300k = 15k every month.


I haven't added server expenses here as we intend to build up our own global network of servers over the coming months. We'll be allocating a nice chunk of our profits to building infrastructure and team and due to the same we anticipate very little expenses on the long run.

We have a large array of other projects such as the blog, merchandise store and other things that are yet to come up / be added in this list -but this is the most basic add -up I could give you.

While this can be seen as a monthly source of income, what you really need to see is the potential the business has in terms of acquisition. We'll be easily able to sell the business for anywhere between 15-20 million USD if we have a million users on board. If something like that does happen - I'll definitely be increasing the profit shares of members on forum from 5 to 20 percent (yes, i am stating this for the first time) - and be giving them a much larger piece of the pie.
« Last Edit: October 20, 2014, 12:54:38 am by Freebieservers »
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cobaltskky

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #56 on: October 20, 2014, 12:44:36 am »

I'll throw a small amount your way to start.  Definitely not 300k's worth. lol  But let's see where your business goes. :)
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #57 on: October 20, 2014, 12:52:55 am »

I'll throw a small amount your way to start.  Definitely not 300k's worth. lol  But let's see where your business goes. :)

Appreciate the purchase :)
« Last Edit: October 20, 2014, 12:56:54 am by Freebieservers »
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Freebieservers

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #58 on: October 21, 2014, 05:55:21 pm »

We have a pretty big news/proposal coming in from our side over the next 48 hours :)
P.s - Our facebook marketing has produced a 1000 percent hike in likes. We've gone from 42 to 500 and we're paying 6 cents per like (1/20th of Industry standard's) . Will be posting content on social media channels soon.
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pf

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Re: Freebieservers.com - 75,000 Users and growing!
« Reply #59 on: October 21, 2014, 06:05:00 pm »

My big concern would be that you have an infrastructure that can scale up and out to support the kind of user load that you're talking about.
I build data centres for a living (well, not the physical data centre part but all the stuff that goes inside them lol).  We should hook up on skype and talk about some of your infrastructure if you'd be willing (I would be willing to do an NDA if you're that sort of organization)
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